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 illegal doesn't make it impossible.…[...]

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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 the statute of imtiations. I…[...]

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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 it is left to your…[...]

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“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 AI exemption to the laws…[...]

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According to recent reports: MSR trading volume this year is on pace to meet or exceed last year’s robust mark, when some $1 trillion in MSRs exchanged hands — then fueled by the spike in interest rates. The trading volume of MSRs so far this year is on pace to meet or exceed last year’s robust mark, when some $1…[...]

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Posted in Corruption, securities fraud |

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 their cases by either waiting…[...]

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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 plenty of POSSIBLE questions and…[...]

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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 the last 40 years while…[...]

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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 retained by and represent a…[...]

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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 the designated party as claimant…[...]

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