COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR'S COMMENT: This is why we should think before we speak and make sure we are using terminology correctly. This crisis will not be over until we realize that there are important differences between the obligation, the note, the mortgage, the mortgage bond, the CDO, the synthetic CDO, the insurance…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR'S NOTE: This is going to happen for many municipal, county and state government obligations, having a far reaching effect as people awaken to the severity of the current economic crisis and the fact that this time is different from all other times. Officials in those government do their constituents…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR'S COMMENT: The piece below is a cut and paste from the FNMA site without any editing. The latest round of finger pointing has put Fannie and Freddie in the path raising even more obstacles to identifying the creditor, and the holder of any right to foreclose on a home…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

Leslie F. Seidman Chairman, FASB EDITOR'S COMMENT: You probably don't know the name Seidman, much less  Leslie Seidman. But back in the 1960's when the accounting rules were first being changed (causing Briloff to write the book Unaccountable Accounting), the Seidman accounting firm was one of the few who understood the significance and moral hazard of what was being laid…[...]

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Tags: FASB, gaap, Leslie Seidman, Seidman
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary ALL HANDS ON DECK!!!! According to the Florida Bar News, they are now working on a CLE course that will be 3.5-4.0 credits without charge, and JUDGES and LAWYERS are going to be encouraged to attend. Terry Hill is the director of the Bar's Programs Division. No date is set…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

REUTERS: MBIA wins key ruling in Bank of America case STATISTICAL SAMPLING APPROVED AS EVIDENCE FOR WHOLE CASE Two states sue Bank of America on mortgage servicing Fri, Dec 17 2010 UPDATE 4-Two states sue Bank of America on mortgage servicing Fri, Dec 17 2010 UPDATE 2-U.S. SEC expands mortgage probe - sources Fri, Dec 17 2010 Investors prep for…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Message from sender: YES, VIRGINIA, THERE IS AN INSANITY CLAUSE! EDITOR'S NOTE: The sender is from Harvard University. Here is a clear example of Wall Street money at work on the state level getting legislators to trash their state in exchange for money, gifts and other promises. Virginia has now…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary N.Y. State passes increase in homestead exemption for individuals Daily Record (Rochester, NY), Sep 14, 2005 by Daily Record Staff For the first time since 1977, the State of New York has updated the homestead exemption for individuals who are filing bankruptcy. A provision to increase the homestead exemption from…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR'S COMMENT: While this "revelation" may stun some people, others will see it merely as confirmation of what they knew all along. A fraudulent scheme of this dimension couldn't have been achieved without the cooperation and active complicity of lots of people whose job it was to act in the…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

MAY THE HOLIDAY SEASON BRING YOU STRENGTH AND GOOD CHEER!!!! BEST REGARDS NEIL GARFIELD AND THE ENTIRE LIVINGLIES TEAM[...]

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