The Delaware Supreme Court has ruled you must own note and mortgage in order to foreclose --- which is what I have been saying for 12 years.  A lot of good that will do the millions of people who lost their homes to parties that did not have ownership of the note and mortgage.  The days of creating the…[...]

Continue Reading

Tags: shrewsbury v Bank of NY Mellon, standing
Posted in Uncategorized |

Cash flow problems?  We understand that litigation can be expensive.  LendingLies is now offering our Chain of Title Assessment plus a consultation for four easy payments to make it easier for clients to afford our report. $295 on placing the order $295 upon completion of COTA $295 upon scheduling Consult $295 due 30 days after C&C is complete. The price…[...]

Continue Reading

Posted in Uncategorized |

Update 7/7/2017 2:48 Eastern: Governanceprinciples.com website is down.  It appears that the website lasted as long as the members commitment to ethics and accountability. See:  www.governanceprinciples.org has expired and is pending renewal or deletion. Renew Now Backorder Domain governanceprinciples.org By K.K. MacKinstry/LendingLiesEditor's Note:  Jamie Dimon of JPMorgan Chase demanding that banks act ethically and with accountability is the equivalent of…[...]

Continue Reading

Tags: Jamie Dimon, JPMorgan Chase, richard bowen
Posted in Uncategorized |

In the Bank of N.Y. Mellon v Anderson, the New York Supreme Court Appellate court got it right by ruling that submitting an affidavit to support a motion is insufficient to establish standing when the affiant cannot swear they are familiar with the servicer's record keeping practices and procedures. The mere attachment of a copy of a note to the…[...]

Continue Reading

Tags: bank of ny mellon v anderson, record keeping, standing
Posted in Uncategorized |

Get a consult! 202-838-6345 https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message or make payments. —————- As we learn and as things change, we arrive at different conclusions. There is no doubt in my mind that our Chain of Title Analysis (COTA) is the best in the country by a large margin. The problem we need to address is that most people including…[...]

Continue Reading

Posted in Uncategorized |

This is one more nail in the coffin of false securitization: the only assets attributed to apparent "Buyers" were those related to and including servicer advances. By severing the investors from their positions as creditors, the banks were able to create the illusion that they --- or their "originators", brokers, nominees, fronts and sham operators --- were the owners of…[...]

Continue Reading

Tags: AHMSI, American Home Mortgage Servicing, Bank of America, Butler & Hosch, Citi Residential Lending, Dennis G. Stowe, Homeward Residential, Master Servicing Rights, Matt Byas, Ocwen, Option One, saxon mortgage
Posted in Uncategorized |

By STEPHEN J. LUBBEN JUNE 26, 2017 The House passed a measure this month that would repeal Dodd-Frank’s orderly liquidation authority. Credit Susan Walsh/Associated Press At a time when news about Russia, health care, terrorist attacks and horrific fires dominates the headlines, it can be easy to forget that Congress continues to try to undo the regulatory reforms enacted in…[...]

Continue Reading

Tags: New York Times
Posted in Uncategorized |

It is NOT enough to ALLEGE standing. They must PROVE it. Judges across the country are making mistakes with this simple concept. Standing to SUE is presumed if you allege (in words or by incorporation of exhibits) that you have it. Possession of the "original note" can be alleged but at trial the foreclosing party must PROVE (not argue) that…[...]

Continue Reading

Tags: ABN AMRO, Bayview LOan Servicing, Citimortgage, evidence, FDIC, MERS, PROOF, Residential Credit Solutions, robo-witness
Posted in Uncategorized |

Editor's Note:  And after Morgan Stanley takes the tax credits, it will have paid literally nothing for its fraudulent conduct.  Stanley is to pay $400 million of consumer relief including repurchasing defective loans that it will resecuritize, doctor-up the docs and sell at a profit.  Crime pays for Big Banks. Moves past 85% mark in consumer relief obligation June 30,…[...]

Continue Reading

Posted in Uncategorized |

http://www.truth-out.org/opinion/item/41151-foreclosures-lead-to-flippers-profits The United States has entered a new phase of residential foreclosure. The basic narrative is shocking: House-flippers are being allowed to push troubled homeowners out of their houses. As a neighbor of mine said, succinctly, "It's cheaper for them." In an ugly way, house flipping is a sweet deal in any area where the house market has rebounded, as…[...]

Continue Reading

Tags: house flipping, NEIL GARFIELD, predatory foreclosure
Posted in Uncategorized |