In our wild West society it is possible  for almost anybody to scam almost everybody. This is because most people lack the information to know whether an offer is real or fake. As a result they tend to "hire" people who tell them what they want to hear. And in foreclosure situations, what they want to hear is that the…[...]

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The failures to disclose material facts providing the real context of the "loans" deprived borrowers of choice between lenders and deprived them of the opportunity of bargaining for terms that were based upon the economic reality --- that the main point of the loan origination was not the loan but rather the sale of unregistered securities. THAT is where the…[...]

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Tags: debt, deedof trust, foreclosure defense, loan, Mortgage, note
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We are now on the longest stock bubble in history - stocks are up way above the tech boom.   GDP was 4% then and 2% now. The difference?  The government is STILL printing money and dumping it on the financial institutions in the form of overnight repo lending money - almost all of which is going right back into…[...]

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Annie Lowry, staff writer at The Atlantic calls it the "Great Affordability Crisis" * These are what I call hidden private taxes and other expenses that either didn't exist before or which cost a fraction of what they do now like * healthcare childcare drinking water telephone telephone service internet bail cars Cable TV Interest expense on debt etc. *…[...]

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Larry Delassus, of Hermosa Beach, California, lost his house two years ago after the bank thought he was behind on his property taxes but it was actually his neighbor Despite proving he was ahead of schedule on his mortgage and had paid his property taxes in advance, he still had to fight the bank in court The 62-year-old who suffered…[...]

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Posted in Wells Fargo |

Thursdays LIVE! Click in to the WEST COAST Neil Garfield Show with Attorney Charles Marshall Or call in at (347) 850-1260, 6pm Eastern Thursdays On today's Show Charles Marshall will break down and break out analysis on the following topics: Using unlawful detainer (UD) legal procedure to increase your leverage as a UD defendant through the filing where appropriate of - motions to…[...]

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And neither will any other presidential candidate. Lloyd Blankfein's latest comment comes out of panic. Goldman Sachs was at the root of the 2008 pandemic. He knows that all of the pornographic profits collected by Goldman Sachs (some taxpayer funded --- see AIG deal) are subject to clawback simply because they were illegally obtained on false pretenses. I'm not endorsing…[...]

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So since the requirements of the Federal and State lending laws are not being enforced even in court, it seems to me that the thousands of financial advisers and planners who ply their trade should expand into a new niche --- underwriting loans before borrowers accept them. Their client should be the prospective or existing homeowner. Using the disclosure requirements…[...]

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The most basic problem is still not addressed. The Volcker rule attempted to make banks play by rules of common sense, to which the banks rely that life is more complicated than that. The basic problem is that current law does not allow for securitization as it is currently practiced. Current law provides that only someone who has paid value…[...]

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Among the Webinars we are planning to offer shortly is one called "Making Your Point: The Nuts and Bolts of Persuasive Presentation in Court". The problem with most presentations of foreclosure defense is that they focus exclusively on the technical requirements of foreclosure. That is necessary of course because the foreclosure fails if it is not done properly. But lacking…[...]

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