Negative Equity Rising and Still Understated
Mar 9, 2012
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Negative Equity Rising and Still Understated Editor's Comment: In our pretend world which is being narrated by the Banks, the housing crisis is easing, people are starting to buy foreclosed homes for investment and domicile, and the defects in documentation were just paperwork problems that…[...]
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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Faulty Foreclosures Present Systematic Breakdown and Big Risks for Buyers Editor's Comment: The reality of the system of wrongful foreclosures is being revealed piece by piece as officials examine the filings from pretender lenders. It is plainly obvious that even the "technical" so-called errors are…[...]
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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 If Insurers Are Rejecting Defective Loans Why Don't The Courts? Editor's Comment: Insurers of all stripes are rejecting claims for failed mortgages at a rate that is becoming troublesome to the Megabanks. Moynihan at BOA thinks that (a) the insurers should pay or (b) the…[...]
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We here at livinglies call it fraud. They prefer to call it "dual-tracking". The fact is, that homeowners ignorant of the real intent of the banks and servicers went through the charade of seeking Loan modifications and settlements. Yet they were set up every step of the way, in every way possible. From bogus lenders to robo-signed documents and…[...]
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bubble Corruption Eviction evidence expert witness foreclosure mill Modification securities fraud Servicer
Why Everyone Should Support Principal Corrections on Mortgages
Mar 3, 2012
First, let's talk to the guy that says homeowners shouldn't get a break because it would be unfair to him. After all he paid his mortgage and he is still paying his mortgage and nobody is helping him, right? Wrong. Everyone who has a mortgage is getting a federal subsidy. They get to pay less in taxes and the more…[...]
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Beware of Mediation With Pretenders in Nevada
Mar 2, 2012
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor's Comment: It should come as no surprise that the would-be foreclosers are not creditors, not authorised servicers and are not acting officially in any capacity. They just want another house acquired through a "credit bid" that enables them to get a deed without putting…[...]
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I know this is a very hot political topic and that to some people it matters a great deal where Obama was born. I question the idiocy of an Arizona sheriff spending 2200 hours of cold case time on a birth certificate from Hawaii. The amazing revelation to me is that this sheriff has shown that he could take apart…[...]
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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 In reality there are nothing but nominees for undisclosed principals on both the note and mortgage. The money for funding the mortgage came from investors who pooled their money together. At the moment the borrower accepted the benefit of the loan funding, an obligation arose…[...]
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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 (Do NOT use this number to access teleconference) Darrell Blomberg will guest host tonight's program for Members Only. If you are a subscribing member, you have received the information necessary to participate. I will be on for a while as well. Darrell will be presenting…[...]
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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor's Comment: Yves Smith is right to point out that when the borrower's note is not produced and not returned after the "sale" of the property, something is rotten in Denmark. Just so we are all clear, we are talking about the foreclosure sale where…[...]
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