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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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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Transcript Reveals How JPM Chase "Got away with it" --- selling loans that were already sold, releasing liens and then foreclosing on nonexistent liens 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 Brent…[...]

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The GSEs claim to have prevented more than 49,000 foreclosures in the first quarter, an increase of nearly 5,000 preventions compared to Q4, according to the Federal Housing Finance Agency’s Q1 Foreclosure Prevention Report.  Unfortunately, the majority of these loans that were prevented from being foreclosed upon were held by parties that had no evidence of standing or ownership, and…[...]

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 by Richard Mize NEWSOK Published: June 24, 2017 Mama, who was born in 1922, never quit saving margarine tubs. My wife's grandmother, Monnie, who was born in 1914, never quit saving scraps of foil. Mama grew up, and Monnie came of age, during the Great Depression. It left indelible marks on them both. So, good luck to anyone who thinks…[...]

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