SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR'S COMMENT: For those of you who think the attack on Wall Street is a conspiracy of extremists, think about this: Bankers are making more and more money while the rest of the country suffers. And they started, before the latest round increases, at nose-bleed high levels. The entire megabank infrastructure is a mirage.…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

SUBMITTED BY MARY COCHRANE Banking, & Insurance & Real Estate Frauds Substantive omissions of material facts during origiantion mask deceptive acts. Largest producer of non-conforming mortgage products (Originations & Servicing) sells discounted loans. Real Estate Industruy of the United States controlled by ‘private brand label’ Wells Fargo, who allows their valuable trade name to mask the real entities who take…[...]

Continue Reading

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

SUBMITTED BY MARY COCHRANE This data is related to BOA and RECON….  Foothill Capital Corp CA, &  Norwest Corp (NORWEST) a bank holding corp laws of DE,  the Company will be a wholly owned subsidiary of Norwest. Amendment 2/1/95: Revolving Credit Agreement Foothill Capital Corp, CA Corp, subsidiary of The Foothill Group, Inc. Parent. the banks -Bank…[...]

Continue Reading

Tags: ASB Bank, BankWest, BOA, Colonial First State Investments, Colonial First State Investments Limited, Commonwealth Bank of Australia, Commonwealth Securities and Comminsure, CONDOR, Fleet Bank, FOOTHILLS, Goldenbanks of CO, Lloyds Bank, Long-Term Credit Bank of Japan, MDG Capital Corporation, Midland Bank, NatWest, NORWEST, Osaka banks, RECONSTRUST, UBS Asset Management (New York) Inc., Wellls Fargo & Co/MN [fka Norwest Corp], Wells Fargo, Wells Fargo Capital VIII VII VI IX, Wells Fargo Financial Inc., WF Deferred Comp Holding, WFC Holdings Corp
Posted in bubble, Corruption, Eviction, securities fraud |

submitted by MARY COCHRANE Wells Fargo & Co. ‘a private label tradename’ purchased 11/2/98. Foothill & Norwest & UBS … do business using ‘private label brand’ and all of the existing agreements and former registrations stayed open. Already in business in 1994/1996 with Lehman Brothers, Structured Asset Securities Corp, Bear Stearns, former Wells Fargo, Norwest, GMAC-RFC, Chase Manhattan Mortgage Corp,…[...]

Continue Reading

Tags: BEAR STEARNS, BOA, Chase Manhattan Mortgage Corp, Condo, Dennis Ascher, Deutsche Bank Securities, Foothill Capital Corp, former Wells Fargo, GMAC- RFC, Jeffrey Nikora, John Nickoll, Lehman Brothers, NORWEST, Structured Asset Securities Corp, Wells Fargo
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR'S NOTE: FLOYD NORRIS OF THE NY TIMES HAS WRITTEN WHAT I WAS THINKING. The question is whether we will learn from the incidents and be very aggressive in dismantling a system that poses this kind of risk. We have always heard anti-regulators say the same thing: crying wolf is no basis for making…[...]

Continue Reading

Tags: bailout, bankruptcy, disclosure, Federal reserve, foreclosure defense, fraud, Lender Liability, mortgage meltdown, predatory lending, regulation, rescission, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR'S NOTE: That we have ANY housing starts is nearly preposterous considering the number of homes that are unoccupied --- mostly because the banks don't want to report on the financial outcome of selling them. In truth, the banks are taking these homes with "credit bids" which is to say that they are buying…[...]

Continue Reading

Tags: economy, foreclosure defense, foreclosure offense, fraud, HOUSING STARTS, rescission, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM conformedcomplaint “They focused on short-term gains to increase their own compensation, with reckless disregard for WaMu’s long-term safety and soundness,” the agency said in the 63-page complaint. “The F.D.I.C. brings this complaint to hold these highly paid senior executives, who were chiefly responsible for WaMu’s higher-risk home lending program, accountable for the resulting losses.”…[...]

Continue Reading

Tags: administrative action, BURDEN OF PROOF, Chase, David C. Schneider, disclosure, F.D.I.C., foreclosure defense, foreclosure offense, fraud, Kerry K. Killinger, predatory lending, prima facie case, rescission, securitization, Stephen J. Rotella, WAMU, Washington Mutual
Posted in bubble, Corruption, Eviction, securities fraud |

NOTABLE QUOTE: CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES Section 2.01. Conveyance of Mortgage Loans. As promptly as practicable after any transfer of a Mortgage Loan under this Agreement, and in any event within thirty days after the transfer, the Trustee shall (i) affix the Trustee's name to each assignment of Mortgage, as its assignee, and (ii) cause to be…[...]

Continue Reading

Tags: CONVEYANCE OF MORTGAGE LOAN, cutoff date, disclosure, foreclosure defense, foreclosure offense, fraud, mortgage meltdown, PSA, quiet title, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM SEE 10-lies-we-live-by-and-should-stop-believing-if-we-want-this-to-stop SEE taking-justice-off-the-table-2-cent-settlement In Proposed Mortgage Fraud Settlement, a Gift to Big Banks TROJAN HORSE By JESSE EISINGER, ProPublica   Luis Alvarez/Associated Press Tom Miller, attorney general of Iowa. Lurking in a proposed mortgage fraud settlement with the state attorneys general is a clause that could be worth billions for the big banks.…[...]

Continue Reading

Tags: disclosure, Eviction, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, modification, Mortgage, predatory lending, rescission, securitization, settlement
Posted in bubble, Corruption, Eviction, securities fraud |

VIDEO: US Trustees Under Heat[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |