SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR'S RANT: They turned the financial world upside down, taking our society with it. So it should come as no surprise that they would accuse homeowners of trying to get what the banks have been doing now for over three years --- GETTING A FREE HOUSE. They never funded the loan and they never…[...]
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ADMINISTRATION FAILS TO ENFORCE FAILING MODIFICATION PROGRAM: WHOSE COUNTRY IS THIS ANYWAY?
Mar 30, 2011
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR'S COMMENT: The government maintains its complicity in the securitization scam. The mortgage bonds were fake instruments that created non-existent pools containing non-existent assets. The investment banks took the money, pocketed a large portion of it as fees and used the rest to fund mortgages that couldn't work, but protected themselves by using bankruptcy…[...]
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM "The act’s emphasis on preserving homeownership was particularly vital to passage. Congress was told that TARP would be used to purchase up to $700 billion of mortgages, and, to obtain the necessary votes, Treasury promised that it would modify those mortgages to assist struggling homeowners. Indeed, the act expressly directs the department to do…[...]
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR'S COMMENT: That housing prices are continuing to fall is no surprise to anyone other than the "economists" who are mouthpieces for Wall Street and the government puppets that spout the spin --- misdirecting attention from the fact that securitization of debt has been a giant illusion and that there is no way out…[...]
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UK Plea for Help: How the Bank of Scotland obtained a fraudulent 2nd charge on our family home (and scores like us)
Mar 29, 2011
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR'S NOTE: This is the first in a series of articles that will be published concerning illegal bank activities in the United Kingdom. It would appear that the Judges are just as confused, if not more so, than they are here in the United States. I have interviewed a number of people over the…[...]
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM "The Minnesota attorney general, Lori Swanson, accused Encore of fraud, saying it had filed false affidavits to collect consumer debt that was not owed or had been already paid off." HUGE POTENTIAL EFFECT ON FORECLOSURES EDITOR'S COMMENT: The significance here is not just that robo-signing was used, which violates even common sense rules of…[...]
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FDIC Proposal? Pay Borrowers $20,000 To Walk Away
Mar 29, 2011
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR'S NOTE: At this point I have absolutely no corroboration of this story. Normally I would not print it for that reason. BUT I am starting to get scattered reports of some very similar settlement structures involving as much as $50,000 for the homeowner to step away. I did a little thinking about it…[...]
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITORIAL COMMENT: Just how many times do judges need to point out that the foreclosures are fraudulent? How many times do we need to see that the fraud in foreclosures might just be reflection of the fact that loans, notes and mortgages were fraudulent as well. The documents on each "securitized" mortgage were merely…[...]
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POLITICANS RUSH TO CASTRATE FINANCIAL REFORM
Mar 28, 2011
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM The fact that Wall Street is so intent on doing this can only indicate one thing: they intend to do it again. Wake up America! SEE VIDEO ELIZABETH WARREN ON GOALS FOR FINANCIAL CONSUMER PROTECTION Note: One of the things that Warren brings out in the video is that the disclosure forms come much…[...]
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITORIAL COMMENT: Maybe it works politically to get elected, but this attack on workers looks like scape-goating to me, and a pretty effective attempt to distract from reality with the myth that workers, homeowners and pensioners caused the historic financial mess that was in fact created, promoted and allowed solely by Wall Street with…[...]
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