Thursdays LIVE! Click in to the The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays Please see: FHFA RBS Settlement The settlements with the banks are a scam. Yesterday RBS settled with US authorities for skullduggery in the name of "so-called residential mortgage-backed securities."  They took in over $30 billion and only have to pay about…[...]

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Tags: FHFA RBS Settlement, MBS, RBS, settlement
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Alison Frankel (Reuters) - On a fateful day in 2010, Philippe Selendy and Manisha Sheth of Quinn Emanuel Urquhart & Sullivan took the train to Washington, D.C., to pitch officials at the Federal Housing Finance Agency on a radical proposal: FHFA should hire Quinn Emanuel to sue the banks that sold toxic mortgage-backed securities to Fannie Mae and Freddie Mac,…[...]

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This shows beyond a shadow of doubt that the courts are not going to "allow" claims or defenses based upon the effectiveness of TILA Rescission. Despite the clear wording of the TILA Rescission federal statute and the clear and unanimous and FINAL decision in the SCOTUS Jesinsoki decision, judges think they can disagree with a statute, disobey the boss (SCOTUS)…[...]

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Pulitzer Prize–winning journalist Jesse Eisinger paints a blistering account of corporate greed and impunity, and the reckless and anemic response from the Department of Justice and Department of Treasury where penalties and fines were only implemented to create the illusion of enforcement. To date, no banksters are in prison after the fallout from the financial crisis of 2008 plays out. …[...]

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First posted on www.stopforeclosurefraud.com Lexology- The Bankruptcy Appellate Panel of the U.S. Court of Appeals for the Sixth Circuit recently held that a mortgage foreclosure deficiency judgment lien may be avoided under 11 U.S.C. § 522(f)(2), reversing the bankruptcy court’s ruling to the contrary. A copy of the opinion is available at: Link to Opinion. The debtor filed a Chapter 13…[...]

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It's About to Get a Lot Easier to Sue Your Bank for Screwing You Over David Dayen Jul 11 2017, 11:54am Image by Lia Kantrowitz Unless Republicans in Congress decide to kill a new regulation, that is. It's almost unheard of for the federal government to ban anything done by Wall Street bankers. Maybe the feds ask for banks to…[...]

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If they had been successful the entire question of whether the Trustee could be named as the foreclosing party would have been off the table --- if other courts followed suit. And the entire question of "debt purchasing" could never have been raised despite obvious flaws and defects in fabricated paperwork. Get a consult! 202-838-6345 https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message…[...]

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Tags: Christiana, DEBT COLLECTOR, debt purchasers, MCALA, Pennymac, substitution of plaintiff, Substitution of Trustee, trust companies, trustee, Ventures Trust, Wilmington
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Posted By Violet Ikonomova Loveland Technologies We all know tax foreclosures are a problem in Detroit, but this map from Loveland Technologies really puts the horror of the situation into perspective. Shown are all of the properties that have been foreclosed and sold at auction in the city over the past 15 years. Michigan law allows for the foreclosure and…[...]

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Tags: Detroit
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US MAGISTRATE JUDGE REJECTS TRADE SECRET PRIVILEGE AND GRANTS MOTION TO COMPEL TESTIMONY   Order here: Order Erika Lance Editor's Note:  NTC's "proprietary information" and "trade secrets" amount to little more than information regarding the manufacture of mortgage instruments for loan servicers to create the appearance of legitimacy.  Just like LPS/Black Knight, Nationwide Title Clearing is a fabrication operation and…[...]

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Tags: attorney, Brent Tantillo, nationwide title clearing, NTC
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If there was any doubt about where the Trump administration stands with respect to borrowers and "lenders", it has now been erased. The rule, intended to take effect this month, allowed victims of fraud to avoid liability on student loans. Get a consult! 202-838-6345 https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message or make payments. THIS ARTICLE IS NOT A LEGAL OPINION UPON…[...]

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