[caption id="attachment_39615" align="alignnone" width="300"] 10 Years of Foreclosure Hell.[/caption] http://www.truth-out.org/news/item/36956-one-woman-s-10-year-fight-to-save-her-family-from-foreclosure One Woman's 10-Year Fight to Save Her Family From Foreclosure Monday, 25 July 2016 By Senka Huskic, Occupy.com | Interview Many people are responsible for the financial disaster of 2008, and the economic hardship that has continued to unravel since. We still have not seen one criminal prosecution among the…[...]

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see Yvanova brief SPBasfiled5-18-2016 TABLE OF CONTENTS Page I. INTRODUCTION 5 II. ARGUMENT 5 A. No document establishes that the Yvanova Note or Deed 5 of Trust was properly transferred to the Morgan 2007-HE 1 Trust. (i) The December 2011 assignment by itself creates a 6 disputed issue of fact. (ii) The PSA does not establish as a matter of…[...]

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Probably the most important comments from judge Boyco relate to the fact that (1) these cases are about money for the banks (or whoever is claiming to be the successor to an originator who may or may not have actually loaned money to the homeowner) and (2) these cases are about forfeiture as it relates to the homeowner. Forfeiture is…[...]

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Tags: assignments, back-dated assignments, Boyco, Federal court, forfeiture, Ohio, requirement of recording
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http://www.miamiherald.com/news/business/banking/article92700782.html THE FOLLOWING ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU CAN RELY IN ANY INDIVIDUAL CASE. HIRE A LAWYER. —————- The largest-ever lawsuit against an auditing firm is set to open Monday in a Miami-Dade County Circuit Court, pitting Big Four firm PwC against a trustee of the defunct Taylor, Bean & Whitaker Mortgage Corporation. At stake: $5.5…[...]

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Tags: Colonial Bank, PricewaterhouseCooper, taylor bean whitaker fraud
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The Court, possibly because of the pleadings and briefs refers to the Trust as “US Bank" — a complete misnomer that reveals a completely incorrect premise. Despite the clear allegation of the existence of the Trust — proffered by the Trust itself — the Courts are seeing these cases as “Bank v Homeowner” rather than "Trust v Homeowner." The record…[...]

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Tags: foreclosure defense, foreclosure offense, fraud, Keshtgar, MERS, quiet title, rescission, securitization, trustee, void assignment, Yvanova
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I was recently requested to review a 6th Circuit Opinion in which the court stated that the rescission was barred by res judicata --- i.e. that the matter had already been litigated and that the homeowner was therefore barred from bringing it up again.  * The Court never considered that it was wrong in the first place and that the…[...]

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Tags: 15 USC §1635 et seq, 20 days, 6th Circuit, foreclosure defense, foreclosure offense, jesinoski, Moral Hazard, operation of law, rescission, subject matter jurisdiction, VOID
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http://www.mckinsey.com/global-themes/employment-and-growth/poorer-than-their-parents-a-new-perspective-on-income-inequality http://www.zerohedge.com/news/2016-08-08/poorer-your-parents-new-study-shows-81-americans-worse-2005   The McKinsey study Poorer than Their Parents? offers a new perspective on income inequality over the period 2005-2014. Based on market income from wages and capital, the study shows 81% of US citizens are worse off now than a decade ago. In France the figure is 63%, Italy 97%, and Sweden 20%.   The numbers for the…[...]

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One  of the things I personally have stayed away from is credit repair. But it really is something that virtually everyone needs if they have been at all touched by the continuing banking and servicing crisis. I have worked with one of our readers and frankly asked him, as an accountant, what services he could offer that would actually provide…[...]

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Tags: CREDIT REPAIR, foreclosure defense, foreclosure offense, fraud, securitization
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[caption id="attachment_39377" align="alignnone" width="300"] A foreclosed home is shown in Chicago June 29, 2010. It may not make the blood boil like murder or rape, but mortgage fraud is a crime that cost an estimated $14 billion in 2009 and could be hampering an already fragile recovery in the housing market. The FBI has been fighting back, assembling its largest…[...]

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[caption id="attachment_39371" align="alignnone" width="275"] “[It was] the poverty caused by the bad influence of the English bankers on the Parliament which has caused in the colonies hatred of the English and . . . the Revolutionary War.” – Benjamin Franklin[/caption]  Fannie and Freddie have reportedly been cash-cows for the federal government who have allegedly held the quasi-governmental guarantors hostage during…[...]

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Tags: bailout, Fannie MAe, foreclosure, Freddie Mac, GSE, stresstest
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