SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM SEE THE WHOLE COMPLAINT: FDICWAMU EDITOR'S NOTE: If the FDIC is right then many WAMU loans were not sold into the secondary market, at first. Chase probably did that when they acquired the portfolio. So the securitization profile is a little different and perhaps a lot different than the usual scenario. BUT it is…[...]

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Tags: APR, borrower, disclosure, FDIC, foreclosure defense, foreclosure offense, fraud, Lender Liability, payment shock, predatory lending, rescission, securitization, WAMU
Posted in bubble, Corruption, Eviction, securities fraud |

see LUMINAQ - LIVINGLIES SITE FOR VIDEOS, LITIGATION SUPPORT AND EDUCATIONAL MATERIALS SUBMITTED BY MARY COCHRANE Congress harmed the economy by overstepping limited powers and did and does prevent enforcement of laws. The law serves a purpose only when the laws are enforced. The economy, third element of our national security harmed by Congress who for a decade choose to…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

HOT: Supreme Court to Fed: Show America Who You Made 'Emergency' Loans To During the Financial Crisis THIS INFORMATION SHOULD BE RELEVANT TO ISSUES RELATING TO OWNERSHIP OF LOANS, RECEIVABLES, NOTES AND MORTGAGES AS WELL AS THE AUTHENTICITY OF THE MORTGAGE BONDS, WRITTEN MORTGAGES AND WRITTEN NOTES. The Federal Reserve must disclose details of emergency loans it made to banks…[...]

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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM HOMELESS CHILDREN OF THE ECONOMIC HOLOCAUST EDITORIAL COMMENT: Like I said, we better be damned sure this is unavoidable. From my perspective and the perspective of economists with far greater credentials than my own, it is not only avoidable, it is both immoral and impractical with long-lasting effects on a once-vibrant society. An increase…[...]

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Tags: borrower, CHILDREN UNDER POVERTY LEVEL, DEMOCRATIC UNDERGROUND.COM, disclosure, ECONOMIC HOLOCAUST, foreclosure defense, foreclosure offense, fraud, HOMELESS CHILDREN, Lender Liability, mortgage meltdown, predatory lending, rescission
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “If there had been a cop on the beat to hold mortgage servicers accountable a half dozen years ago,” she said at one point, “the problems in mortgage servicing would have been found early and fixed while they were still small, long before they became a national scandal.” EDITORIAL COMMENT: It's a simple answer…[...]

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Tags: bailout, bankruptcy, banks, Consumer Financial Protection Bureau, disclosure, Elizabeth Warren, foreclosure defense, foreclosure offense, Lender Liability, mortgage meltdown, Nocera, Ny Times, Obama, Office of the Comptroller of the Currency, predatory lending, Republicans, rescission, securitization, TILA
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR'S NOTE: This is a career --- a generational event extinguishing the expectations and hopes of millions of people. And still there are millions of Americans who actually believe that this is the result of greedy homeowners --- totally discounting the birthplace and current residence of greed (WALL STREET). How did this happen? AND…[...]

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Tags: appraisal fraud, credit crisis, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, liar's loans, predatory lending, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Statistics are not published as to the number suicides related to financial difficulty, but financial pressure is often cited in studies as a triggering event for death from "natural" causes, suicide, disease and divorce. When the pressure is not just financial but a perception of total failure through loss of home, loss of property,…[...]

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Tags: bankruptcy, borrower, disclosure, Eviction, foreclosure, foreclosure defense, fraud, Lender Liability, Mortgage, predatory lending, RICO, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

Only 44% Expect Homes to be worth more in FIVE YEARS. 30% Expect Homes to be worth less in FIVE YEARS   Homeowners are more pessimistic about the short-term housing market, but now fewer than half the nation's homeowners expect the value of their homes to go up in the next five years.   The latest Rasmussen Reports national telephone…[...]

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Tags: earnings, housing prices, Rasmussen
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR'S COMMENT: Krugman is right. Policy has been hijacked by ideology. It is as though we were eating our young. What do we expect them to do when they grow old enough to become part of the workforce? Poorly educated, broke, in debt from the day they were born, living in a third world…[...]

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Tags: bailout, borrower, disclosure, foreclosure, fraud, Lender Liability, mortgage meltdown, predatory lending, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Editorial Comment: His bank reports a loss of over $10 billion when we know there is at least contingent liability for 100 times more than that, and Moynihan at Bank of America is getting paid MORE. I suppose it makes sense from a bean-counter perspective --- for having dodged the bullets in 2010 and…[...]

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Tags: Bank of America, Moynihan
Posted in bubble, Corruption, Eviction, securities fraud |