By Danielle DiMartino Booth Amid the carnage in the auto sector, economists have sought solace in the comforts of home, sweet home. A recent Census release suggests that Millennials, long sidelined, have finally started to tiptoe into the home-buying market. The reception to the data was so effusive that other reports, suggesting housing has reached a much different sort of…[...]

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Tags: housing
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Lenders who foreclose and take ownership of security property via credit bid at the foreclosure sale often confront a tenant whose lease has been extinguished, but who would rather not vacate the property. Just how quickly can the lender serve a notice to quit and start the eviction ball rolling? A recent decision from California’s Second Appellate District — Dr.…[...]

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Tags: Eviction, Unlawful Detainer
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http://fusion.kinja.com/this-staggering-chart-reveals-the-reality-of-black-owne-1794000364 Hat tip to David Dayen via Twitter. This Staggering Chart Reveals the Reality of Black-Owned Banks Felix Salmon JPMorgan Chase just released its annual report, showing 2016 profits of $24.7 billion (that’s almost half a billion dollars per week), on total assets of $2.5 trillion–a number so large it’s almost impossible for the human mind to conceive. Meanwhile, opportunities…[...]

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Tags: JPM CHASE
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A woman claiming she had to sell her home because of her lawyers' botched foreclosure work can move forward with her legal malpractice and fraud suit, a federal judge has ruled. Christine Bernstein sued Keaveney Legal Group along with lawyers James P. Keaveney and Joshua Thomas for violations of the Pennsylvania Unfair Trade Practices and Consumer Protection Law common-law fraud,…[...]

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Tags: foreclosure, mal practice
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Editor's Note:  In this industry article, Nationwide Title Clearing, Inc. insinuates that a bank should obtain a chain of title report before assigning a note to ensure that the manufactured paperwork creates the appearance of a clear chain of title.  Although the article doesn't mention exactly how to cure any chain of title issues, it would appear NTC is recommending…[...]

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http://money.visualcapitalist.com/31-fascinating-facts-on-the-early-history-of-the-u-s-dollar/[...]

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Excellent find from website 4closurefraud.com.  See: http://4closurefraud.org/2017/05/12/mers-assignment-fail-mortgage-electronic-registration-sidesteps-inc/   MERS Assignment Fail: Mortgage Electronic Registration Sidesteps, Inc.   MERS Assignment Fail: Mortgage Electronic Registration Sidesteps, Inc. Over the years we have seen various Assignment Fails such as BOGUS and BAD BENE. Some even had effective dates as 09/09/9999, while others had forged signatures or were put together by someone with very…[...]

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http://www.zerohedge.com/news/2017-05-18/corzine-tries-launch-hedge-fund-3rd-time-trade-trump-crash The full NYT interview with Corzine can be found here. Shortly after Jon Corzine not only destroyed MF Global but "vaporized" $1.6 billion in supposedly segregated client funds which were illegally commingled with operating cash, Jon Corzine had a brief encounter with the legal system including several kangaroo court sessions in Congress, which ultimately led to absolutely nothing for…[...]

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http://www.richardmbowen.com/the-ethics-merry-go-round/ The McCuistion program, which airs in Dallas/Fort Worth on PBS station KERA, recently re-aired its program, Ethics and Transparency as Antidotes to Financial Fraud. Host Dennis McCuistion asked the guests what ethics and the lack of transparency may have done to contribute to the 2008 financial crisis? One of his guests, Marianne Jennings, J.D.: Professor Emeritus Arizona State University…[...]

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Tags: citibank richard bowen, ethics
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Call in at (347) 850-1260, 6pm Eastern Thursdays Thursdays LIVE! Click in to the The Neil Garfield Show   Robelto v USBank Trust - LSF8 - Florida 4th DCA. This episode is entitled "Foreclosure Autopsy".  Neil Garfield will show you how to analyze a case and plan your strategy in confronting the banks in the context of claims of securitization…[...]

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Tags: the neil garfield show
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