Archive for 'Uncategorized' Category
May 1, 2023

see xhttps://www.wsj.com/articles/coinbase-armed-for-legal-clash-over-how-crypto-is-regulated-dc08f85b?page=1 WHO CAN WE CHEAT? The predominant business formula by which trillions of dollars are transferred from ordinary people to people without a conscience is based on a lack of disclosure and outright lying. The problem for such players is that it is technically illegal to cheat and lie. But just because something is […]

Apr 28, 2023

The CFPB release says “It is illegal for debt collectors to sue or threaten to sue to collect debts past the statute of limitations.” The more subtle message is that Wall Street needs to stop making claims and threats on claims that either never existed or don’t exist anymore. And that is not just about […]

Apr 27, 2023

The first question is, “if it wasn’t a loan, then what is it?” Lawyers and homeowners get hooked on this question because they think it is up to them to answer it. But the first rule of procedure and due process is that if you have a claim, then you need to describe it. If […]

Apr 26, 2023

“We already see how AI tools can turbocharge fraud and automate discrimination, and we won’t hesitate to use the full scope of our legal authorities to protect Americans from these threats,” said FTC Chair Lina M. Khan. “Technological advances can deliver critical innovation—but claims of innovation must not be cover for lawbreaking. There is no […]

Apr 24, 2023

Whenever anyone refers to your transaction as a loan, you should be objecting at the earliest possible moment (or else it is waived), and you should be moving to strike the phrase from the court record. But you need to do so properly. * Up until now and for the foreseeable future, homeowners will continue to lose […]

Apr 21, 2023

People familiar with my victories in court frequently ask for a list of generic questions that they hope will work in every case. Lay people are not rained to think within the context fo the rules of civil procedure or motions required to force the opposing side to comply with those rules. * There are […]

Apr 20, 2023

The mega banks are reporting higher profits that were most likely created years ago and stuffed into offshore repositories in off balance sheet transctions. From 1998 to 2008, they siphoned trillions of  dollars out of the US economy using worthelss and faslely represented “Mortgage-backed bonds.” How is it that both manufacturing and services declined over […]

Apr 19, 2023

You are completely correct to say that modification of a contract is not possible without the parties to that contract agreeing to modify. Even a court may not modify that contract unless it contains something that is patently unlawful. * And in the case of documents proffered by lawyers who imply that they have been […]

Apr 18, 2023

Most homeowners will continue to ignore such pronouncements that fail to give relevant examples. Most lawyers are too lazy or presumptive to research the issue and seek advice from experts who actually are competent to comment on investment banking applied to the loan market. But since the implied unpaid loan account does not exist and […]

Apr 18, 2023

Hat tip to Elle She raises probably the most important problem confronting homeowners in conflict with pretender lenders. “what if the witness is clearly lying, but it is affecting the judgment of the presiding judge?” The procedural answer is that even if it is clear to you and the rest of the courtroom, once the […]