MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR'S NOTE: For those seeking to buy a home to live in, and for those seeing to buy a "bargain" for investment BEWARE! The pressure on this housing market will not stop until the foreclosures are stopped and the real process of modification and settlement begins. Downward pressure…[...]

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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Stress of foreclosure can make homeowners ill Studies find illness rises where foreclosures highest THE HIDDEN COSTS OF MASSIVE FORECLOSURES By Bob LaMendola, Sun Sentinel Foreclosures are making Florida homeowners sick. A series of studies over the past year, including one that zeroed in on Florida and other…[...]

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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR'S NOTE: The reason this research is important is that it shows the connection between the developers, who have escaped blame thus far for the mortgage mess, and the Wall Street chicanery that financed ever increasing artificial price rises by developers, whose asking prices were used as comparables…[...]

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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT “so long as the plaintiff alleges facts to support a theory that is not facially implausible, the court’s skepticism is best reserved for later stages of the proceedings when the plaintiff’s case can be rejected on evidentiary grounds.” In re Gilead Sciences Securities Litigation, 536 F.3d 1049, 1057…[...]

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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR'S COMMENT: UNFAIR, RIGHT?  Why should people who made a bad deal get out of it? That is rewarding stupid behavior and will just make them do it again, costing us taxpayers even more money. And what about me? I'm underwater or I have paid off my house…[...]

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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Connecticut is one of the last states to confront the deluge of foreclosures so they are behind the curve. The usual evolution is that pro se litigants and lawyers who have little experience in litigating, much less litigating securitized loans, present arguments that immediately run against the grain…[...]

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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR'S COMMENT: Max has captured the mood of all of us frustrated by the oppression and depression that has gripped the psyche of our country. What I don't understand is how lawyers are rationalizing their failure to join the fight. Even if their motivation is money, the financial…[...]

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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR'S COMMENT: It always seems like you need firepower --- wealth or political clout to simply get justice. The foreclosure was wrong, the figures were wrong and the policy was wrong. Law enforcement has an obligation to step in and assist those people who cannot get reasonable responses…[...]

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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR'S NOTE: Plausible deniability went out the window as HSBC tried to get out of the consequences for submitting false, fabricated papers to the court in support of a fraudulent foreclosure. They tried to say they didn't know. Schack didn't buy it and slapped them with a $10,000…[...]

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