Archive for 'Uncategorized' Category
Oct 28, 2020

The banks employ a fairly large army of people whose job it is to discredit meritorious foreclosure defenses. Their job is to convince the public and lawyers and judges in general to accept the notion that the “loans” are real, that documentation alone is sufficient to win a foreclosure even if it is challenged, and […]

Oct 27, 2020

A reader asked me to post this: (It’s worth your time) see https://www.youtube.com/watch?v=TBSXNI0g-Kc As I have stated for 14 years, they can’t get anywhere if they don’t have the note unless they prove a lost note. They don’t prove a lost note because the elements of a prima facie case for lost note are that […]

Oct 26, 2020

The tricky thing about “loan level data” is that it is easy to slide into unintended admissions, starting with the use of the word “loan.” Sure there was a transaction, but not every transaction is a loan even if it is labelled as such by one party and the other party intended a loan agreement. […]

Oct 22, 2020

Thursdays LIVE! Click in to the WEST COAST Neil Garfield Show with Charles Marshall and Bill Paatalo Or call in at (347) 850-1260, 3 PM PDT, 6pm EDT Thursdays   Bill Paatalo through access to Chase’s MSP system has obtained a so-called transaction codes glossary, and “payee codes glossary”, used by Chase to supposedly board WAMU loans, going back […]

Oct 21, 2020

By Neil F. Garfield, MBA, JDDisclaimer: This article is for educational purposes only. It is not legal advice. Always consult with a licensed attorney about your specific case. The Hardest Lesson The hardest part of my job is educating homeowners (and sometimes lawyers) about court procedure. To most laypeople, procedure feels incomprehensible, even nonsensical. But […]

Oct 16, 2020

They have stopped calling the certificates mortgage  bonds because they have nothing to do with the mortgages and they are not bonds. Hat tip to “Summer Chione” * This is a very good article that was written as an email. My compliments to the author. * However, after additional analysis and reflection I think I […]

Oct 15, 2020

Find Neil Garfield Show at https://www.blogtalkradio.com/ Thursdays at 6pm EDT 3PM PDT Show resumes Thursday, October 22, 2020 I’m slightly under the weather today. But I did want to tell you about something I realized today in speaking with clients. It is something that all trial lawyers take for granted. And it’s something nobody who […]

Oct 8, 2020

Thursdays LIVE! Click in to the WEST COAST Neil Garfield Show with Charles Marshall and Bill Paatalo Or call in at (347) 850-1260, 6pm Eastern Thursdays It’s getting increasingly hot in the kitchens of the investment banks that cooked up the fake securitization scheme. It has taken 20 years, so far, but now there are clear facts that […]

Oct 7, 2020

see https://www.nbcmiami.com/news/local/broward-attorneys-accused-of-foreclosure-scheme-with-convicted-felons/2303306/ Here is another case where failing to ask the question “why?” results in a lack of understanding of the process referred to as securitization of debt. I have previously written at length about how the proceeds from a foreclosure sale are not going to anyone who is entitled to receive them. The article […]

Oct 6, 2020

Hat Tip to Bill Paatalo, Private investigator. Kudos for investigative excellence. see WaMu Loan Files – Shredding Procedures When I first looked at mortgage loans in 2004 I was struck by one simple thing. There was an obvious movement, pushed by the banks, away from original documentation and towards reliance on images. At first I […]