Editor's Note: In a political system that is dependent upon voters exercising their right to determine issues and pick candidates for officers, any action that result in suppressing voter turnout should be treated with the same ginger approach we see in free speech cases --- rarely should any such effort be allowed. From UCRtoday.ucr.edu: RIVERSIDE, Calif. — California neighborhoods reeling…[...]

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Tags: voter turnout
Posted in bubble, Corruption, Eviction, securities fraud |

1. Elections are all about perceptions, ideology and manipulation of messages. If the foreclosure crisis is the same as it is today on election day, Obama will win on this issue (even if he doesn't win the election) because he is correctly perceived as attempting to fix it. Romney will draw some blood though on the issue of who understands…[...]

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Posted in Uncategorized |

The answer is yes, a large number of the block of people who are deemed "likely to vote" are unlikely to cast votes this November. How many of these would have voted one way or the other is up for debate, but my guess is that many would have voted for democratic candidates. If my theory is right, that explains…[...]

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Posted in Uncategorized |

Securitization is all pretense. Alan Greenspan said that with 100 PhD's he couldn't figure out what they were doing and he was wrong to give them a pass. He should have insisted on the real facts before allowing the continuation of the creation of fake money. Modification is all pretense. If banks and servicers received any part of TARP money…[...]

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THANKS FOR THE MIRACLES OF MODERN TECHNOLOGY. Post was lost during publication. Summary: As long as Judges refuse to hear the merits of the cases in the belief that the deadbeat borrowers are trying to get out of a legitimate debt, these foreclosures will go forward taking the housing market and the economy down with it. When they start allowing…[...]

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Posted in bubble, Eviction |

COME TO THE ANAHEIM 1/2 SEMINAR WEDNESDAY MORNING It appears as though LIBOR is being thrown under the bus as a distraction from the much larger mortgage securitization scam. Both cases relied upon trust that was breached, money that was invented, figures that were fabricated, lying, cheating and inside trading to the detriment of the institutions that participated in one…[...]

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Tags: borrowers, distressed properties, fraud, homeowners, insidekr trading, insider trading, intermediaries, Libor, nominees, securitization scam, taxpayers, VICTIMS, Wall Street
Posted in bubble, Corruption, Eviction, securities fraud |

GTC|HONORS A division of General Transfer Corporation "Workouts With Honor" Call 520 405-1688 or write to neil@livingliesblog.com. GTC|Honors provides analytical reports, negotiation with the title insurer to eliminate exclusions for off-record transactions, and potential homeowners looking for deals in which they can either enter into a short-sale, or sale lease back with option to buy. Except in rare instances. GTC|Honors…[...]

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Tags: bankruptcy, equity kicker, homeowners, investor angels, Payson, sale-leasebacks, short sales
Posted in bubble, Corruption, Eviction |

Sign Up for Wednesday Anaheim Conference for Homeowners and Paralegals Reality in Iceland: prosecution and letting the chips fall to the table August 27, 2012. Neil F Garfield. Mainstream media and in particular Krugman and Ritholz have echoes what Simon Johnson and I have been saying for years. It's not a question of theory or ideology. It's a question of…[...]

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Tags: cash equivalents, deriviatives, DJIA, ICELAND, Krugman, perfected liens, prosecution of banks, Ritholz, shadow banking, Simon Johnson, wrongful foreclosure
Posted in bubble, Corruption, Eviction, securities fraud |

Obama response unclear. He keeps saying that the  object here is not to include "undeserving" borrowers who are just trying to get out of a bad deal a deal that went bad or whose eyes were bigger than their pocket book. As long as he keeps saying that he is missing the whole point. This was a Ponzi Scheme and…[...]

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Tags: excessive comensation, home values, housing prices, RESPA, TILA, underwater, zillow
Posted in bubble, Corruption, Eviction, securities fraud |

Dan Hanacek, who will be at the conference in Emeryville tomorrow, and Charles Cox can be reached through our customer service number 520-405-1688. Dan is a lawyer with whom I am engaged in mentoring and resourcing in Northern California cases and Charles helps people all over the country. The tide is turning. The basic principles of title in place for…[...]

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Tags: agent, assignment, mortgages, notes, Notice of Default, Notice of Sale, principal, recording, TRUSTEES
Posted in bubble, Eviction |