MEMO SHOWS MALICIOUS INTENT "make them totally demoralized" "cause maximum pain" Carl Levin yesterday revealed memos that showed clear intent to rig the bids of credit default swaps and other credit enhancement products, to cause pain to investors. Coming on the heals of BofA's settlement for bid rigging in the municipal bond market, the latest round of disclosures undermine the…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

Once a joke, Iceland may get the last laugh BRIAN MILNER The experts have started writing off Ireland, with its shattered banks, flatlined economy and disillusioned populace, as a long-term basket-case with dim recovery prospects. Maybe they should take a closer look at what has been happening in another small country written off for dead not so many months ago.…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

The National Association of Independent Land Title Agents (NAILTA) has released a white paper on the recent troubles with the Mortgage Electronic Registration Systems (MERS) mortgage registry and a position statement in favor of the premise behind a bill sponsored by Representative Marcy Kaptur (D-OH) known as H.R. 6460, or the “Transparency and Security Mortgage Registration Act of 2010″. MERS…[...]

Continue Reading

Tags: DinSFLA, Fannie MAe, foreclosure fruad, Freddie Mac, ginnie mae, H.R. 6460, loans, Marcy Kaptur, MERS, MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC., NAILTA, National Association of Independant Land Title Agents, nominee, Rep. Marcy Kaptur (D-Ohio), stopforeclosurefraud.com, Transparency and Security in Mortgage Registration Act of 2010, white paper
Posted in bubble, Corruption, Eviction, securities fraud |

aspey-az-order-to-remand-case-to-state-court1 In a well reasoned decision, a Federal Judge reversed his prior position and remanded the case back to State Court, depriving the pretender lenders of a number of presumptions that they were using when they removed the case from State Court to Federal. The decision recites the fact that there are "novel" issues of law, a concession that had…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

Edstrom_MortgageSecuritization_POSTER_17_x_22_v4_1 LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL Last 2010 Workshop: December 11 Sacremento CA 50 Seat Maximum Register NOW!!! LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL If you want to know why Dan Edstrom is our senior Analyst and why he is leading the workshop on Saturday, just look at the chart which is now in the congressional record and has been referred to in numerous news outlets on TV, Radio, Cable,…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

AUTHOR: MICHAEL NWOGUGU, Certified Public Accountant (Maryland, USA); B.Arch. (City College Of New York). MBA (Columbia University). Attended Suffolk Law School (Boston, USA). Address: P. O. Box 170002, Brooklyn, NY 11217, USA. Phone/Fax: 1-718-638- 6270. Email: datagh@peoplepc.com; mcn111@juno.com. EDITOR'S NOTE: RECOMMENDED READING -- Securitization_is_Illegal ISSUES ADDRESSED Whether securitization is legal. Whether securitization causes usury. The standards for usurious loans/forbearance. The…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Along comes the government and on "trust" accepts the story from the banks and gives them even more money. This all leads to the question of whether the banks on Wall Street have in plain sight converted us from a capitalist economy  to a socialist economy where the "Single lender"…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary article by r j koenig Editor's Comment: The following article exposes the anger, confusion and frustration that homeowners feel when they hear the lawyers for pretender lenders state things that are patently and obviously untrue. Perhaps more importantly it addresses the underlying bias of the court system for people with…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

see also Appraisal Fraud Complaint Missouri Rusty arizona-judge-remands-foreclosure-under-abstention-doctrines BREAKING NEWS: RUSTY, featured on TV and other places, practices in Missouri which had been very resistant to the claims of borrowers relating to broken chains of title and the effects of securitizing the receivables without documenting the transfers. Rusty Reinoehl Attorney at Law 1221 Locust Ave. Ste. 1003 St. Louis, MO…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

Hello Neil, Thank you for mentioning our investigation. Please update the contact information in your post.. As you’ve reported, the Washington Attorney General’s Office is investigating foreclosure trustee services. We would appreciate the public’s assistance by providing us with information that may be helpful to our investigation. We have created a special online form to handle these complaints and tips.…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |