GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Her new book "Reckless Endangerment" is a good read. Gretchen was amongst the first to drill down on the mortgage meltdown and expose numerous illegal practices of lenders and foreclosers (different parties, as we know). In many ways she has led the way for other journalists who bothered to take the…[...]

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Tags: foreclosure, foreclosure defense, foreclosure offense, fraud, GRETCHEN MORGENSON, moral duty, Reckless Endangerment
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR'S COMMENT: Here is our problem writ large. The commentary written by Shedlock (see below) is basically on the side of punishing the banks for their wrongdoing, but not giving any relief to borrowers. The logic behind the position is that anyone who does not pay their mortgage should expect to…[...]

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Tags: Appraisal, bailout, borrower, creditor, disclosure, Eviction, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, Lender Liability, MERS, predatory lending, rescission, RESPA, RICO, securitization, shedlock, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE FROM MARKET TICKER Mish Is Again Off The Rails (Foreclosuregate) Sigh..... State attorneys general are not happy with a $5 billion offer by major banks to settle lawsuits regarding robo-foreclosures and other alleged grievances. Some officials want as much as $20 billion. The compromise threat is on the high end. He…[...]

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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR'S NOTE: When you have nothing else throw mud. Some of it is bound to stick no matter how stupid it is. That's straight out of the Republican playbook. The Banks are losing ground and they are pounding and threatening the Republicans withdrawing their support and otherwise trying anything they can…[...]

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Tags: 112th Congress, CFPB, Elections 2012, Elizabeth Warren, Elizabeth Warren Cfpb, Elizabeth Warren Liar, Elizabeth Warren Republicans, Facebook, financial reform, financial regulation, Patrick McHenry, Politics News, Republicans Elizabeth Warren, Warren CFPB
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE MADIGAN ISSUES SUBPOENAS TO LPS, NationWide Title Clearing ; WIDENS ‘ROBOSIGNING’ PROBE FROM STOPFORECLOSURENOW.COM Chicago — Attorney General Lisa Madigan today expanded her investigation into “robosigning” practices, issuing subpoenas against two national mortgage servicing support providers. The subpoenas are the latest effort in Madigan’s ongoing probe into the fraudulent practices used…[...]

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Tags: attorney general, borrower, chicago, creditor, disclosure, Eviction, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, foreclosures, fraud, fraudulent documents, Illinois, Lender Processing Services Inc., Lisa Madigan, LPS, MERS, nationwide title clearing, NTC, rescission, RICO, robo signers, securitization, Subpoena, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR'S NOTE: Where were they three years ago? Well it is still a good thing that the lead editorial connects the dots. The housing market is continuing to decline and it will continue as long as we regard the foreclosures as having any color of legitimacy. For decades housing has been…[...]

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Tags: bailout, credit crisis, disclosure, economy, Eviction, foreclosure defense, foreclosure offense, foreclosures, fraud, housing prices, MERS, mortgage meltdown, predatory lending, rescission, securitization, TILA audit, trustee
Posted in bubble, Corruption, Eviction, securities fraud |

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE "We are looking at a situation of up to $640 billion in wealth having been lost because of this wave of foreclosures that has hit the state," Harris said, referring to the decline in homeowner equity. "There is a direct connection" between mortgage fraud "and the issue that we are challenged…[...]

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Tags: borrower, countrywide, credit crisis, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, MERS, mortgage meltdown, securitization, TILA audit, trustee
Posted in bubble, Corruption, Eviction, securities fraud |

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Harvey v Garbett, quiet title case in Draper Utah (1) The case was decided on procedural rather than substantive grounds, so citing to this case as proof that the homeowner is entitled to quiet title in the context of a securitized loan would not be right. Nevertheless the substantive defects in…[...]

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Tags: borrower, creditor, disclosure, Eviction, foreclosure, foreclosure defense, foreclosure offense, fraud, MERS, quiet title, rescission, securitization, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE 5.20.2011 City-of-St-Clair-Shores-Employees-Retirement-System-v-LPS-et-al-Amended-Complaint-May-18-2011 Editor's Note: This is really so simple. There wasn't an error rate at all. It was simply the act of creating aesthetic reproductions of something that looked like a legal document. Nobody cared what was on it --- that would be left to the lawyer, if necessary to explain…[...]

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Tags: LPS
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE The fact that the true creditor doesn't want to collect from homeowners is not a good reason to allow someone else to collect it. --- Neil Garfield FORECLOSURE CASE LAW - HSBC v. MURPHY, Maine Supreme Judicial Court, 2011 ME 59 (May 19, 2011) "AFFIDAVITS SUBMITTED BY HSBC ARE INHERENTLY UNTRUSTWORTHY"…[...]

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Tags: affidavit, bailout, Bank of America, bankruptcy, borrower, business records, competency of witness, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, hearsay, HSBC, MERS, quiet title, rescission, securitization, summary judgment, TILA audit, trustee, Wells Fargo
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