Editor's Note: The tragedy of this story is that the USDA likely lacked the legal instruments to legally foreclose. The Wise family claims the government set them up to fail. No doubt they are right. https://www.revealnews.org/episodes/losing-ground/?utm_source=Reveal&utm_medium=social_media&utm_campaign=twitter Picture an American farmer. Chances are, the farmer you’re imagining is white – more than 9 out of 10 American farmers today are.…[...]
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10th Circuit Bad Decision on rescission: Pohl v US Bank "Courts are still inventing doctrine out of whole cloth allowing banks to escape liability and responsibility for their wrongful acts. This decision is so far off the charts that it will most certainly be reversed." Get a consult! 202-838-6345 https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message or make payments. THIS ARTICLE IS…[...]
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Just a short note this Holiday extended weekend. The banks have raised the whole issue of void or voidable based upon the potential for ratification. That is a red herring. The fact that something COULD happen does not mean it DID happen. What is even worse is when a court decides based upon the absurd notion that the act…[...]
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Editor's Note: The collapse of Spanish megabank Banco Popular happened this month after government and regulators assured investors it had passed a stress test with the European Banking Authority. The failed bank was taken over by Santander, another megabank, but the shareholders lost everything as did the suppliers of contingent capital in the coco bonds. Meanwhile in America, the Trump…[...]
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By CitiBank Whistleblower Richard Bowen http://www.richardmbowen.com/are-clawbacks-and-shareholder-proposals-essential-to-corporate-governance/ The recent Wells Fargo financial misdoings situation has focused much-needed attention once again on clawbacks, the forced return of pay and stock grants, and shareholders involvement in corporate guidance policies. The Wells Fargo’s board voted to claw back an additional $75 million in compensation from the bank’s former chief executive, John G. Stumpf, and…[...]
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The Neil Garfield Show with Attorney Charles Marshall: What areas should you target when you litigate?
Jun 29, 2017
Thursdays LIVE! Click in to the The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays What areas should you target when you litigate? In foreclosure litigation there are many pointless rabbit-holes an attorney or homeowner can attempt to go down, but they serve only to confuse and distract. Instead, litigants should focus on areas where actual…[...]
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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 WHICH YOU CAN RELY IN ANY INDIVIDUAL CASE. HIRE A LAWYER. —————- Hat tip to Carlton Fields at https://www.carltonfields.com/real-property-case-law-blog/blog.aspx?topic=161&All=null&IsListParentTopic=true I have excerpted their case summaries relevant to foreclosure. They did a great job of providing key words for searches. Foreclosure/Standing:…[...]
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Investors and borrowers were thus left in a transaction they didn't know existed and without any documentation to show for it. MERS was essential to fill that void with the creation of fabricated written instruments that appear to be facially valid. In the end all claims of every nature whose validity relied upon the existence of legal documents and actual…[...]
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The McMansion rose to prominence in the early-to-mid-2000s and to this day is the epitome of the excesses created by the biggest mortgage bubble in the history of mankind. In suburbs all across America, these 3,000 - 5,000 square foot, cookie-cutter monstrosities, with their foam pillars and lots that were just barely larger than the footprint of the houses themselves,…[...]
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