Neil Garfield has an army of magical leprauchauns Bench opinion by Willis B. Hunt, Senior U.S. District Judge This Order has just come to my attention and I cannot resist responding. Since it is public record, I figured I would respond in kind. Dear Judge Hunt: It is easy to understand how you and other Judges were both misled and…[...]

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Wells Fargo Loses Bid to Dismiss Fraud Claims Posted on January 7, 2011 by Foreclosureblues Wells Fargo Loses Bid to Dismiss Fraud Claims By MATT REYNOLDS ShareThis (CN) - Homeowners who say Wells Fargo Bank duped them into loan-modification programs to stave off foreclosure survived a legal challenge to their case in San Francisco federal court. U.S. District Judge Joseph Spero pared…[...]

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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary AS USUAL OVERLY OPTIMISTIC PROJECTIONS TO PACIFY THE PUBLIC DOES OBAMA WANT TO BE A ONE-TERM PRESIDENT? EDITOR'S ANALYSIS: Bernanke is clearly back-peddling from the rosy predictions everyone was making earlier, thus corroborating what we have been saying on these pages for years. The recovery, if it comes at all…[...]

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Matt Geiger's mansion finally sells — at a deep discount By Mark Puente, Times Staff Writer In Print: Thursday, January 6, 2011   The largest mansion in Pinellas County has finally sold after nearly four years on the market. Former NBA player Matt Geiger sold his 28,000-square-foot palace in Tarpon Springs for $8 million to out-of-state buyers on Monday. He originally…[...]

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REIGN OF ERROR SUBMITTED BY Allan O'Brien Denchfield America's housing bubble still deflating As they failed to spot the bubble, most economists seem oblivious of the threat of further market falls to come Dean Baker Wednesday January 5 2011 guardian.co.uk http://www.guardian.co.uk/commentisfree/cifamerica/2011/jan/03/useconomy-economics How many economists does it take to see an $8tn housing bubble? The answer to that question has to…[...]

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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary see CNN Report and Video BANKS DUG THEIR OWN GRAVE ON QUIET TITLE ACTION Whatever they say will be suspect from now on see ibanez-huge-win-for-borrowers-in-massachusetts-non-judicial-state-high-court They never did the assignment and later when they tried to correct that problem they found they were in the position of violating the terms…[...]

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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary READ FULL DECISION HERE----> MA S Ct 1-7-11 usbank see ibanez-decision-analyzed see CNN Report and Video NOTABLE QUOTES: "Where, as here, mortgage loans are pooled together in a trust and converted into mortgage-backed securities, the underlying promissory notes serve as financial instruments generating a potential income stream for investors, but…[...]

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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary SEE investors-and-borrowers-could-share-common-interests-and-solve-the-problem The experiment is about 18 hours old and the pace is picking up by the hour --- we already have dozens of borrowers who are offering to do some horsetrading directly with investors who bought mortgage backed securities. KEEP THEM COMING! The exclusive email for this experiment is…[...]

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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Notable Quotes: Even if we forget about the gigantic near-term problem — namely, that the federal government is in the housing market mainly because most banks simply won’t issue mortgages that can’t be guaranteed by Fannie, Freddie or the Federal Housing Administration — there’s the fact that federal involvement in…[...]

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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR'S COMMENT: As concern mounts that the entire title infrastructure has been put at risk by shoddy practices in lending, recording, transferring and foreclosing mortgages, a New Jersey Judge has set a hearing to consider suspension of ALL foreclosures by the megabanks pending further investigation. What was once considered "fringe"…[...]

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