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 |

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.…[...]

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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…[...]

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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…[...]

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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,…[...]

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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 |