See West Coast Workshop Northern California ================================= See http://mcgookeylaw.com/2015/09/fdic-lawsuit-against-bank-of-new-york-citi-us-bank/ Something new, this time from the FDIC. This time the FDIC is suing Bank of New York/Mellon as Trustee for REMIC Trust certificate holders and who failed to protect them as trustee. The suit is for breach of fiduciary duty. They will defend saying that they were prevented from taking action.…[...]
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See West Coast Workshop Northern California =================================== For more information please call 954-495-9867 or 520-405-1688. This is for general information only. Whether it applies to any particular situation can only be determined by a knowledgeable attorney who is licensed in the jurisdiction in which the property is located. ==================================== see this link for a treatise on California law: ref05 As…[...]
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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 24,000 people listen to the Neil Garfield Show. Maybe you should too. =============================== Jill J. Smith established her law practice in Albuquerque, New Mexico. For eighteen years she has represented a wide variety of clients in employment law, land…[...]
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For More information please call 954-495-9867 or 520-405-1688. This article is not legal advice on any case. It is not a substitute for the opinion of a lawyer licensed in the jurisdiction in which property is located. Listen to the Neil Garfield Show on Blogtalk Radio every Thursday at 6PM EDT. ================================= see http://www.housingwire.com/articles/34966-mortgage-lawsuits-against-bofa-citigroup-and-wells-fargo-resurrected Everyone knows the phrase "The wheels…[...]
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People ask me constantly why I named this blog livinglies. There are lots of reasons. Below is a list of 25 lies we live with. The first sentence is the lie and what follows is a short statement that shows it to be a lie. Certificates issued by REMIC Trusts are mortgage backed securities.// If the Trust was never funded…[...]
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Mystery Solved! It's the Servicers Who want the Foreclosure NOT the Certificate Holders or the "Trust"
Sep 8, 2015
See http://www.nationalmortgagenews.com/news/servicing/mortgage-servicers-resume-securitizing-repayment-rights-1060096-1.html So here is absolute proof that the real party in interest in the foreclosures are the unsecured servicers and also proof that the "default" never occurred. Notice how Freddie Mac figures in. Despite all denials and lies in court it is obvious that the servicers are, through one means or another, advancing payments to the certificate holders regardless…[...]
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The Neil Garfield Show will return next Thursday, 6pm EDT. =========================================== The problem I have here is not that this guy went to jail, but rather that he was doing the same thing that the other banks were doing, in one form or another. It looks like he is thrown under the bus in place of several hundred people who…[...]
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Hat Tip to Patrick Giunta, Esq. Stumbled across this 5 year old article that supports the view that servicers are the real parties in interest who are protecting only their own interests at the expense of investor and borrower alike. The facts are undeniable. If the loans were modified or worked out, the investors would have done much better than…[...]
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"third party document processor, designed to give mortgage companies plausible deniability for fabricating mortgage paperwork" ========================== Livinglies Team Services: see GTC HONORS Services, Books and Products =========================== For more information please email us at gtchonors.llblog@gmail.com or call us at 954-495-9867 or 520-405-1688 This is not legal advice on your case. Consult a lawyer who is licensed in the jurisdiction in…[...]
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Livinglies Team Services: see GTC HONORS Services, Books and Products =========================== For more information please email us at gtchonors.llblog@gmail.com or call us at 954-495-9867 or 520-405-1688 This is not legal advice on your case. Consult a lawyer who is licensed in the jurisdiction in which the transaction and /or property is located. NOTE; THE NEIL GARFIELD SHOW WILL RESUME ON…[...]
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