COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL see also buyback-game-in-full-swing-bofa-pays-2-6-billion-to-fannie-and-freddie This is like a matching grant paid to a home invader. First they get money for just entering the yard, then they get everything they want hurting and scaring the residents, then the government gives them a matching grant for the money they made just getting…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary FURTHER CORRUPTION OF TITLE CHAIN EDITOR'S ANALYSIS: The ball is rolling now and picking up steam. The game is to settle these claims for big numbers, diverting attention from the REAL problem. These "buybacks" give the impression that Fannie and Freddie actually had ownership of the loans. All indications are…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary SEE CASE LAW AND 1933 SECURITIES ACT FOR DEFINITION OF A SECURITY: cl001-ch02_thumb Attorneys for lenders have an index for me that I'll call the "obnoxious" scale because that is what they say out loud but I don't know what they call it internally. Among the highest items on their…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

    EDITOR'S NOTE: I GUESS IF YOU HAVE A WINNING STRATEGY, AND IT CONTINUES TO WORK EVEN THOUGH IT INVOLVES MISREPRESENTATION, DECEIT AND FAILURE TO DISCLOSE, YOU JUST KEEP GOING WITH IT. "With all these winners, who will the losers be? The average investor, of course, who will get left holding the bag when, someday, Wall Street realizes the…[...]

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Tags: Facebook, Goldman
Posted in bubble, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR'S COMMENT: People are doing what they need to do to survive after their living quarters have been taken in foreclosure, after losing a job in an economy brought down by catastrophic irregularities in foreclosures and mortgages. I would only add that besides doubling up they should double down and…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Notable Quotes: "The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly…[...]

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Tags: Ali Balali, Andy Hubbard, Athanassios Diplas, Bank of America, Barclays, Biswarup Chatterjee, C.D.S. contracts, Chicago Mercantile Exchange, Citigroup, credit default swaps, Credit Suisse, derivatives, DEUTSCHE BANK, Goldman, ICE, James J. Hill, JPMorgan, Markit, Morgan Stanley, NASDAQ, Oliver Frankel, Paul Mitrokostas, Thomas J. Benison, UBS
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary It could get even worse, and probably will. The current status of title and the current status of these obligations is such that a moral hazard exists that is sure to be exploited by a new group of third parties who perceive the opportunity. Because the title question is not…[...]

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Tags: prepayment, satisfaction of mortgage, warranty deed
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Notable Quotes: “For this, there’s only one similar example. It’s like the Enron e-mails.” "on Nov. 29, the director of WikiLeaks, Julian Assange, said in an interview that he intended to “take down” a major American bank and reveal an “ecosystem of corruption” with a cache of data from an…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary I know I'm going against a headwind here, but the problems we face locally and as a nation are not the fault of labor unions. There is plenty of history of graft, mob connections and slackers who are not held to competitive standards and none of that is good for…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary I am not much for politics, because it seems obvious that the banks have bought virtually all government functions at the state and Federal level. And I don't know much about the new Governor of New York except that he apparently understands what the banks did on Wall Street and…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |