Editor’s Note: The cost of taking over foreclosed homes greatly exceeds the principal reductions that are inevitable anyway. Either way the taxpayer foots the bill. As usual, big business and government have taxpayers paying the higher bill. Here is how the narrative ran. The trillion dollar banks and some “smaller” ones used all their influence […]

Posted in Uncategorized |

Triangle Business Journal – by Chris Baysden The U.S. Attorney’s Office for the Eastern District of North Carolina announced Thursday the creation of a new Mortgage Fraud Task Force for the district. The task force will pool the resources of existing criminal and civil attorneys in the office as well as federal law enforcement agencies […]

Posted in Uncategorized |

Under pressure from the Obama Administration, Federal agencies that turned a deaf ear to consumers, borrowers and debtors, are starting to investigate, prosecute and reveal predatory, deceptive and illegal activities of the entire securitization chain. Now is the time for us to make sure they get a copy of your qualified written request. And the […]

Posted in Uncategorized |

NOTE: Working on one of my expert declarations I figured I would share my computations with the readers. In order to protect privacy I am deleting any identifying information. In this case there was a $1 billion offering of non-certificated mortgage backed securities, which is a fancy way of saying there was no certificate, just […]

Posted in Uncategorized |

Here’s Why Jumbo Mortgage Delinquencies Are 50% Above Average And Rising Today, June 18, 2010, 5 hours ago | Michael David White A quiet revolution has hit wealthy neighborhoods: financial failure. The 90-day delinquency rate on home loans worth over a million dollars hit a high in February at 13.3 percent, much higher than the […]

Posted in Uncategorized |

What We Know (and Don’t Want to Know) About Housing Today, June 16, 2010, 34 minutes ago | noreply@blogger.com (Charles Hugh Smith) The housing market is doomed in the U.S., and the causal factors are all well-known. But we don’t want to know, because that knowledge would re-order the American culture and economy. Yesterday I […]

Posted in Uncategorized |

Training Bulletin Number 2010-05 To: All MERS Members ` May 26, 2010 Re: Identifying Investors on MERS® System MERS® System Release 19.0 on June 14, 2010, will include Phase II of MERS® InvestorID. Phase I was introduced on June 19, 2009, to help our Members meet the requirements of the Helping Families Save Their Homes […]

Tags: MERS
Posted in Uncategorized |

FBI to target mortgage fraud By Suzanne Kapner in New York Published: June 11 2010 02:25 | Last updated: June 11 2010 02:25 The Federal Bureau of Investigation is preparing a nationwide crackdown on mortgage fraud, the latest in a series of efforts to curb lending practices that contributed to the housing meltdown, according to […]

Posted in Uncategorized |

This is not an order form. But it is necessary for you to fill this out if you want certain services on www.livinglies-store.com. It is also an aid in getting your act together so you know what information you need. The form is under construction but usable. Any comments would be appreciated. GTC|HONORS Registration Form

Posted in Uncategorized |

Somebody get me the full text of this opinion David Stern SMACKDOWN- 4th DCA Appellate Court Reversal of Summary Judgment of Foreclosure! Today, June 10, 2010, 5 hours ago | Matthew D. Weidner, Esq. see blog My thanks to the superstars at Ice Legal in West Palm for sharing the latest good decision out of […]

Posted in Uncategorized |