Like other decisions establishing the law of the land, the decisions of SCOTUS are often taken as advisory or optional. Nevertheless TILA Rescission and Article III standing have been affirmed by the Court of last resort. Reluctant judges in trial and appellate courts will get their hands slapped one more time but all the bad prior decisions and their consequences…[...]
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https://www.zerohedge.com/news/2018-03-30/deja-vu-all-over-again-subprime-mbs-demand-oversubscribed-and-sp-says-risk The stock market is at record highs and people with FICO scores as low as 500 are once again happily obtaining mortgages. Not only that, but these mortgages are once again being securitized and are in demand by yield chasers. All of the elements that are necessary for the 2008 subprime crisis to repeat itself are starting to…[...]
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Wells Fargo "Lending" Securities It Didn't Own
Mar 28, 2018
Translation: WFB was the "custodian" of alleged "mortgage-backed" certificates issued for the benefit of investors who paid billions of dollars for ownership of the certificates. WFB "Loaned" those alleged securities to brokers. The brokers in exchange provided "collateral" the proceeds of which were reinvested by WFB. In short, WFB was laundering the investors money for the sole benefit of WFB…[...]
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The banks have not asked for an order vacating a TILA RESCISSION because they know that following standard procedure would block them from challenging TILA RESCISSION. This is PROCEDURE vs SUBSTANCE. That is what this has always been about. As more courts continue to "rule" on TILA RESCISSION, getting it wrong every time, the effort to discredit TILA RESCISSION is…[...]
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Thursdays LIVE! Click in to the The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays We hardly ever address appellate practice on these pages or the Neil Garfield Show. Tonight Charles Marshall, California Attorney, discusses basic factors on appeal. What is an appeal? When should notice of appeal be filed? What does an appellate panel or…[...]
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BE CAREFUL HOW AND WHEN YOU FILE BANKRUPTCY PETITIONS Governor Scott, admits 30 other bills signed SB 220 into law. You can barely find it using search engines. The law is confusing at best and probably unconstitutional but here it is. The new law makes BKR filings by Petitioner into presumptions in judicial foreclosures --- but only the filings…[...]
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Injured by a predatory attorney? Email me at: info@predatorylies.com Homeowners who are subjected to a predatory servicer's tactics to foreclose on a home are desperate for a solution and highly vulnerable to being exploited by an unethical attorney. Over a period of years, or even decades, a servicer with no proof of standing can emotionally, physically, mentally and financially…[...]
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In answer to questions frequently asked of me, the term "dark pool" was not coined by me nor was it discovered by me as an instrumentality of obscuring financial transactions. I have understood the workings of dark pools since my Wall Street days. But back then, in the 1960's and 1970's they were not so common. What I did discover…[...]
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The robo-witnesses called by the fake servicers to testify at the trial of a foreclosure action regularly lie about their personal knowledge and understanding of the loan process, the collection process and the foreclosure process. They are given a script the content of which is completely unknown to them. This is perjury when it happens and it seems to be…[...]
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Failure to apply the law does not mean that the law should not have been applied. "I think you are confusing the current reality of multiple erroneous court decisions with the legal reality of what is meant to be followed by statutes and case decision is going back to a time before this country was ever created and then afterwards…[...]
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