EDITOR'S COMMENT: This strategy has been used for the last 30 years that I know of. I am constrained to say that what they are doing exposes them to some risk. On the other hand, there are many ways of not giving up and at the same time not paying. I make no suggestion that this is the way to…[...]

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submitted by Rueben Nieves It has been awhile since I posted this analysis that outlines the unconstitutionality of a power of sale provision in a mortgage contract by federally chartered bank corporations created for public and national purposes. Although several appellate courts concluded that it was constitutional none have weighed the issue against several Supreme Court decisions, which, if the…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR'S NOTE: The effort to choke off payments to WikiLeaks is being defended by some as an act of patriotism, protecting the state secrets of our government. BOA wold no doubt say that it is merely cooperating with the government. But my guess is that the information coming out about…[...]

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Tags: Bank of America, BOA, BofA, wikileaks
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary SEE TheMomentofTruth12_1_2010 "Last week, reports Shahien Nasiripour of The Huffington Post, all four Republicans on the commission voted to exclude the following terms from the report: “deregulation,” “shadow banking,” “interconnection,” and, yes, “Wall Street.” EDITOR'S COMMENT: Krugman's opinion piece is right on point, but it's too late. Whether we find…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

EDITOR'S COMMENT: The fundamental facts are that 40% of our GDP is pure vapor and the world knows it. That is the amount that the financial sector "contributes" to the measurement of our economic activity. What does that mean? It means that Where Wall Street once had climbed to the dizzying heights of 16% of GDP, it is now around…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary SEE ALSO MERS 1997 ANNOUNCEMENT OF SERVICES ADMITS EVERYTHING "U.S. regulators have opened a new line of inquiry in their mortgage foreclosure probe and are asking big Wall Street banks about the beginning stages of mortgage securitization," EDITOR'S ANALYSIS: THIS IS THE NUCLEAR OPTION AND IT IS UNAVOIDABLE: The pools…[...]

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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR'S COMMENT: Starting in 2008 I began a series of interviews off the record with local and state officials in over a dozen states. They don't want the locations disclosed because it would be open invitation for things to get worse if that is possible. The net result is that…[...]

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22 Arrested in LA Foreclosure Protest at Chase Police arrest 22 people protesting foreclosures outside Chase bank offices in Los Angeles The Associated Press 2 comments By JACOB ADELMAN Associated Press LOS ANGELES December 16, 2010 (AP) PrintRSS Font Size: Share: EmailTwitterFacebook More FarkTechnoratiGoogleLiveMy SpaceNewsvineRedditDeliciousMixx Yahoo   Police arrested 22 demonstrators who blocked entry to a downtown Chase bank branch…[...]

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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor's Note: It occurs to me, reading the comments, that there is a general lack of knowledge as to the identity of the Federal Reserve. I thought people knew, but it is obvious that most people don't know -- including the media and the politicians and pundits. In a nutshell…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

Written by Cathy Moran, Esq More lawyering for faster confirmation of Chapter 13 cases was the advice. The newest judge on our bench called on a room full of bankruptcy attorneys to speed up the flow of cases through his (packed) courtroom by taking discovery.  When an informal request of the objecting creditor doesn’t yield the information you need, send…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |