For more information please call 954-495-9867 or 520-405-1688. This is for general information only and contains my general opinions on the subject NOBODY should use this article as a substitute from advance from an attorney licensed in the jurisdiction in which the subject property is located. ========================= The Banks are at it again --- using their political power to influence…[...]
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Imagine my surprise when I recently went to the FDIC website, clicked on FOIA at the bottom of the page, then went to Reading Room and looked again at the Chase-WAMU-FDIC-US Trustee Purchase and Assumption Agreement. Having previously read and studied it I was attempting to direct someone to the language that showed that no loans were purchased from WAMU…[...]
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see https://findsenlaw.wordpress.com/2015/02/04/department-of-justice-investigates-deutsche-bank-for-false-documents-presented-to-court-in-bankruptcy-foreclosure-case/ Beth Findsen, Esq. in Scottsdale, Az posted an article on her blog back in February revealing that after 10 years+ the Department of Justice is finally examining the validity of the papers filed by the banks in support of purported foreclosures on behalf of ghosts. Beth is a realist as well as an idealist. And her skills as…[...]
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For further information please call -954-495-9867 or 520-405-1688. This is for general information only. Get a lawyer. =============================== THIS IS REALLY DIRECTED AT LAWYERS WHO ARE DEALING WITH RESCISSION. NO LAYMAN SHOULD ACT ON THIS WITHOUT CONSULTING WITH A LICENSED ATTORNEY IN THEIR JURISDICTION. Among the zillions of email requests I have been receiving are emails from lawyers who are…[...]
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Click in to tune in at The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays More than 33,000 people listen to the Neil Garfield Show. Maybe you should too. =============================== Attorney Charles Marshall, Jim Macklin, and Dan Edstrom sit in for Neil Garfield to discuss the very latest in litigation strategies relating to rescission, enforcement of…[...]
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For more information please call 954-495-9867 or 520-405-1688 This is for general information only. Get a lawyer. ====================== see http://dsnews.com/news/10-30-2015/senators-call-federal-regulators-to-action-on-zombie-foreclosures It seems ridiculous. Why would a lender reject a workout, reject modification, reject a short sale and insist on a foreclosure --- and then walk away from the property? Why has this not been a center of attention as hundreds…[...]
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see http://www.housingwire.com/articles/35499-fed-proposes-new-bailout-rules-for-biggest-banks If the Fed didn't already know that the mega banks had squirreled away ill-gotten gains in the trillions of dollars they would never have thought about forcing them to cough up $120 Billion in the first round of creating a bailout fund from Bank money instead of Taxpayer money. And they wouldn't be doing this unless they were…[...]
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From www.housingwire.com --- Reuters published an article on the situation late Friday, BofA settles claims of “misleading shareholders about its exposure to risky mortgage securities and its dependence on an electronic mortgage registry known as MERS.” So, yes, it’s just another settlement for BofA, which is probably really used to this kind of development. “The bank has spent more than…[...]
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For more information, please call 954-495-9867 or 520-405-1688 This article should not be used as a substitute for advice from a licensed professional. =========================== see RE-REMICS Deloitte's Speaking of Securitization_The Re-Remic Phenomenon Apparently back in June, 2009 Deloitte published an article for general use about the process of "Re-REMIC." The article corroborates what I have been saying since 2007. First,…[...]
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This could get interesting. It's complicated but it looks like the administration is closing in on the so-called REMIC Trusts. I personally doubt if anyone is going to be willing to sign the REMIC Tax Reports. The reason is simple: the REMIC Trusts never operated and never received any investments dollars or any startup funds. They exist only on paper.…[...]
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