Here is one example of how not to litigate. Calling the Judge names and pretending to know more about the law than the Judge does is a sure fire way to lose. The Homeowners should have argued that they brought no counterclaims and then argued that they were prevented from litigating properly the issues that they raised in defense of…[...]

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Tags: keyser v stern, new findings of fraud, pennsylvania federal courts, res judicata
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Attorney Gary Dubin's Foreclosure Workshop: An Updated Working Checklist of the Ten Most Important Ways of Surviving the Rule Ritual in Foreclosure Summary Judgment Proceedings (click here to listen) “Play dirty and win,” proclaims Hawaii Attorney Gary Dubin during his April 2nd,  2017 “Foreclosure Hour” radio broadcast.  Dubin encourages listeners to understand the court’s “rule ritual” and to recognize the…[...]

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Tags: foreclosure hour, gary dubin attorney hawaii
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Former CEO John Stumpf (a major crook in the subprime scandal) was previously fined $41m out of the $200m he made overseeing a complex fraud scheme that stole the identities of  over 2,000,000 Wells Fargo customers -- and will now have to repay another $28m, but will not face criminal charges. Whistleblowers who reported Wells Fargo's crimes under Stumpf's were…[...]

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by K.K. MacKinstry Deutsche Bank announced that it will create more shares and sell them at a 35% discount. Existing shareholders are not happy and in the first four days since the offer was announced, the value of existing shares dropped by 13% as shareholders began sharing off their shares. Why would Germany’s largest bank do something so drastic? In…[...]

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Tags: DEUTSCHE BANK
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This is a living thing, people! April 7, 2017 Jacob Gaffney At the height of the foreclosure crisis, HousingWire regularly ran ads from a nonprofit called No Paws Left Behind. The charity worked hard to find no-kill shelters for the droves of innocent cats and dogs being abandoned when their owners fled the property. While we've lost contact through the…[...]

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Tags: foreclosure dog
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Joel Stashenko, New York Law Journal http://www.newyorklawjournal.com/id=1202783279070/New-Requirement-on-Lenders-in-Foreclosure-Process-Is-Constitutional?slreturn=20170308153417 A new law in New York that says lenders' legal representatives must bring all the necessary documentation to foreclosure settlement conferences with mortgage holders has been upheld by a judge. While Acting Suffolk County Supreme Court Justice James Hudson said he can find no appellate courts that have ruled on the issue since…[...]

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First quarter issuance doubled 2016’s total By Ben Lane at Housingwire.com http://www.housingwire.com/articles/39794-sp-mortgage-backed-security-market-making-a-comeback-in-2017 Editor's Note: Does anyone else seek stark similarities between what happened in 2007/08 and what is happening now?  This is evidence that the housing bubble is complete.  By now we know how this will play out in the near future. Back in February, DBRS predicted that the residential…[...]

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Tags: MBS, securitization
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Jeannie K. May, Plaintiff-Appellee, v. Nationstar Mortgage, LLC, Defendant-Appellant. Jeannie K. May, Plaintiff-Appellant, v. Nationstar Mortgage, LLC, Defendant-Appellee. May v Nationstar Mortgage Nos. 16-1285, 16-1307.United States Court of Appeals, Eighth Circuit.Submitted: December 15, 2016.Filed: March 29, 2017.Kevin Michael Abel, for Defendant-Appellant. Jeffrey Mark Tillotson, for Defendant-Appellant. Rhiana Luaders, for Defendant-Appellant. Amy Elizabeth Breihan, for Defendant-Appellant. Elizabeth Scott Letcher, for Plaintiff-Appellee.…[...]

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Tags: May v. Nationstar Mortgage, punitive damages
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David Dayen, author of the book Chain of Title, has launched a newsletter.    If you are a fan of David Dayen, who has been instrumental in bringing foreclosure fraud issues to the national level, subscribe at http://tinyletter.com/DavidDayen[...]

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Tags: David Dayen Newsletter
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David Trott, MI-11 — April 7, 2017 by Eclectablog Republican Congressman David Trott from Michigan’s 11th Congressional District has a long and sordid history profiting from the “human misery” caused when his foreclosure business threw victims of the Bush Recession out of their homes. He didn’t just run a foreclosure-based law firm. He created a vertically integrated machine to ensure…[...]

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Tags: Michigan foreclosure, Trott & Trott, Trott and Trott
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