http://apps2.leg.wa.gov/billsummary?Year=2017&BillNumber=2057&Year=2017&BillNumber=2057 The Washington State Legislature is one vote away from making changes to Bill  2057 that would be detrimental to homeowners.  The changes would clear the way for anyone, without proof, to claim to be in possession of a promissory note, and to make it a slam-dunk to foreclosure non-judicially. The state of Arkansas masterminded this type of non-judicial rule,…[...]

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Last night on the Neil Garfield Show, Charles Marshall brought up the idea of the use of the subpoena power of the court. I agree that this is a way of lawfully penetrating into the inner recesses of the alleged loan process. People ask me to whom should they issue a subpoena? Opinions vary. But I would say the person…[...]

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THE TRUTH IS COMING OUT SPELLING DOOM FOR LEGAL PRESUMPTIONS IN FAVOR OF BANKS TONIGHT ON THE NEIL GARFIELD SHOW LIVE AT 6PM EDT CALL IN 347-850-1260 OR LOG ON http://tobtr.com/s/10664835 When will Chase and the other TBTF Banks finally be seen as conspirators who collectively have lied and created false documents in nearly all foreclosures over the past 10-15 years?…[...]

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Documents filed with the SEC are not evidence of the legitimacy of a PSA.  The PSA was not filed with the SEC although the banks would like you to think so. The document, such as it is, was loaded onto the SEC website without any review or acceptance process. Anyone can load documents onto the SEC website. In fact, you…[...]

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http://www.latimes.com/opinion/op-ed/la-oe-dayen-deregulation-bank-bill-20180309-story.html Next week marks the 10th anniversary of the run on Bear Stearns, the investment bank that collapsed under the weight of toxic subprime mortgages. Although JPMorgan Chase snapped up Bear Stearns for pennies on the dollar, this maneuver failed to stop the bleeding from the mortgage meltdown, leading to the biggest economic crisis in nearly a century. That seems…[...]

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Thursdays LIVE! Click in to the The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays Prior to the securitization era began, no party to litigation was entitled to a legal presumption of facts when they had engaged in patterns of conduct in which they had forged, fabricated or otherwise attempted to use self-serving documents that were…[...]

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http://www.wect.com/story/37671186/new-billboard-accuses-mortgage-company-of-fraud WILMINGTON, NC (WECT) - A Wilmington resident and businessman has taken out a billboard on Eastwood Road accusing SunTrust Mortgage of dishonest business practices. The billboard has a picture of a home on it, and says “bogus loans” and “#SunTrustScandal,” directing people to a website which details allegations against the mortgage company. Scott Griffin had three loans with SunTrust Mortgage when the…[...]

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The US was a trial run and it worked perfectly for the investment banks. They got money from investors in exchange for what investors thought were RMBS. As they sold more and more of the junk "mortgage bonds" the Ponzi scheme grew geometrically and has now been  institutionalized in the US. Globally the loan standards decreased to virtually zero because…[...]

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Of the number of people who "purchased" a loan product leading up to the mortgage meltdown- most were refi's on refi's. At one point it was reported that MERS had data on 80 million mortgages --- but that includes mortgages that were paid off by sale, refi etc. At last count the number of people who were displaced by foreclosure…[...]

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It's always best to start at the beginning. All REMIC Trusts appear to be written up as common law trusts permitted under the laws of the State of New York or the State of Delaware. The problem with the REMIC Trusts is that they are not common law trusts nor trusts of any kind. Consider the definitions available. Based upon…[...]

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