Ben Ezra Order to Show Cause Why Ben Ezra & Katz Should Not be Held in Contempt of Court on Feb 11, 2011 Today, February 11, 2011, 23 minutes ago | Foreclosure Fraud How is this for some timing. Last night Fannie Mae announced they are dumping this firm and today we get this… CENTRAL MORTGAGE COMPANY, PLAINTIFF, VS. EDUARDO…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

EDITORIAL COMMENT: One by one, the rights of people to protect themselves from criminal or other illegal behavior of corporations and government is being eradicated. This bill, once unanimously approved by congress was secretly killed. Wasteful contracts with government, improper conduct by regulators costing the taxpayers money, challenges to government excess and corporate excess, are all at risk here. EDITORIAL…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

This content is password-protected. To view it, please enter the password below. Password:[...]

Continue Reading

Tags: Auction, credit bid, creditor
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary THE NEXT WAVE: MUNICIPAL BOND RATINGS AND DEFAULTS EDITOR'S NOTE: With heads stuck in the sand, avoiding the "third rail" of acknowledgment that tens of trillions of dollars of mortgage transactions are fatally defective, which would save or partially save the budgets of most states, counties and cities, New Jersey…[...]

Continue Reading

Tags: bonds, Christie, dollar, municipal bonds, New Jersey, ratings, Wall Street
Posted in bubble, Corruption, Eviction, securities fraud |

Today, February 10, 2011, 1 hour ago | Phil Querin “…the powers accorded to MERS by the Lender [whose name appears in the Trust Deed] – with the Borrower’s consent – cannot exceed the powers of the beneficiary.  The beneficiary’s right to require a non-judicial sale is limited by ORS 86.735.  A non-judicial sale may take place only if any…[...]

Continue Reading

Tags: foreclosures, Oregon
Posted in bubble, Corruption, Eviction, securities fraud |

Posted on February 10, 2011 by Foreclosureblues In RE Wilson | DOJ (US Trustee) in LA BK case “LPS/Fidelity acted with indifference to the truth” Today, February 10, 2011, 6 hours ago | Foreclosure Fraud “What is the economic harm to borrowers of alleged document defects pertaining to foreclosure? The answer is none. First, the loans are in default.” Dr.…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary New Questions Raised in Mortgage Financing EDITOR'S COMMENT: I worked on Wall Street and I was an investment banker. I know the mentality. If money is sitting there, they will take it and worry about it later. This article is the tip of the iceberg and it belongs on Page…[...]

Continue Reading

Tags: AMbac, Bear Sterns, DEUTSCHE BANK, JPMorgan Chase, Lehman Brothers
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Banks Could Face $60 Billion Tab on Bad Mortgage Loans Thus no matter how well certain mortgages or "pools" performed on their own, they were still guaranteed to fail because they had assumed the liability of the worst mortgages. I believe this is called trading on inside information but oops,…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Special Kudos to Charles "POPPA KOPPA" for bringing the credit bid to my attention and the interesting fact that the minimum bid instruction comes from Wall Street corresponding with securities reports and has nothing to do with the real estate market. THE CREDIT BID IS THE ACHILLES HEEL OF SECURITIZATION…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR'S NOTE:  Maybe some players will fall for this, but eventually they are going to be hit with a choice of two options (1) admit that  nearly all the loans have fatal flaws or (2) get the state legislatures to legitimize and reset all questionable title prior to an arbitrary…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |