For Ruling PDF click here: 2017-Shrewsbury v Bank of NY Mellon The recent Supreme Court of Delaware case J.M. Shrewsbury v. The Bank of New York Mellon, CA No. N15L-03-108 (Del. 2017), provides a reminder of the importance of clearly documenting the assignment of loan documents. The Court’s holding requires that prior to the assignee of a mortgage loan filing suit on…[...]

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Tags: Shrewsbury v Bank of New York Mellon
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By Richard Bowen http://www.richardmbowen.com/theyre-back-fannie-and-freddie-ride-again/ It looks as if Fannie Mae and Freddie Mac have not learned from their previous enabling of banks leading to the financial crisis. In fact, it looks as if the two are still using the same business model; they are lowering even further their underwriting standards to allow loans to be underwritten, ignoring student, credit card…[...]

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Tags: citibank richard bowen, Fannie MAe, Freddie Mac
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The ongoing saga of lead-contaminated water in Flint, Michigan, got yet another layer on May 4, when 8,002 residents received foreclosure notices for failure to pay their water bills, according to the Washington Post. The notices came a few weeks after the city ended a program that assisted residents in paying bills for their contaminated water. According to letters like…[...]

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Tags: Flint, Michigan
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Our apologies- due to the system being down at Blog Talk Radio the show has been postponed until next week.  Thank you.  [...]

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Concealed information may still be available. An increasing number of people have showed me that they did receive documents that were responsive to their requests from a government agency --- VA, Fannie Mae, Freddie Mac, Sallie Mae etc. 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…[...]

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By David Dayen May 2, 2017 http://www.thefiscaltimes.com/Columns/2017/05/02/How-Congress-Could-Make-Steve-Bannon-s-Wildest-Dream-Come-True Beyond the competing sets of spin about the success or failure of Donald Trump’s first hundred days, even the most committed liberal partisan can admit that he has allowed corporate America to run wild. A regulatory freeze on day one delayed every final rule awaiting its effective date. Many got pushed back further…[...]

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Tags: DAVID DAYEN, Financial Times
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Redefining The Middle Class: It Isn't What You Earn & Owe, It's What You Own That Matters Authored by Charles Hugh-Smith via OfTwoMinds blog, No wonder the "middle class" has lost political power - it has lost the economic power of the ownership of productive assets. Longtime correspondent Mark G. observed that the key phrase in yesterday's excellent commentary by…[...]

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Tags: middle class mass destruction, oftwominds.com
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Former Morgan Stanley banker once dumped "shitbag" CDOs on clients Craig S. Phillips, a former top executive on Morgan Stanley's trading desk, is the man Donald Trump put in charge of reviewing Wall Street rules. Stefan Falke/laif/Redux By Matt Taibbi In early 2007, a group of Morgan Stanley bankers bundled a group of subprime mortgage instruments into a package they…[...]

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Homeowners start preparing your Fannie and Freddie FOIA requests.  A brief window to submit your request may occur prior to the GSEs being privatized again. Last week H.R. 1694  passed in the House of Representatives. This bill will make Fannie Mae and Freddie Mac subject to the requirements of the Freedom of Information Act, which would make their records available…[...]

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Tags: Fannie MAe, FOIA, Freddie Mac, HR 1694
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Mnuchin Confirms the Controversy On Fox News, Treasury Secretary Steve Mnuchin stated that President Obama engineered the Net Worth Sweep (NWS) in 2012 to divert funds from Fannie Mae and Freddie Mac to pay for Obamacare. “It is true,” Mnuchin said when asked if Fannie and Freddie profits were used to fund ACA subsidies. According to Mnuchin, the Obama administration…[...]

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Tags: ACA, Fannie MAe, fanniegate, Freddie Mac, obamacare, Steve Mnuchin
Posted in Corruption, evidence, Fabrication of documents |