COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary ROBO-SIGNING REVEALS ROBO-APPROVALS OF LOANS "The inability of the borrower to repay was a known fact. The willingness to give him the money came from the securitization scheme (fraud) that induced investors to advance money for "quality" mortgage pools, combined with the fact that those who "approved" the loan (but…[...]

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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary submitted by Tony Editor's Note: One of the things that struck me about this submission was that only a year ago it would have been unlikely for any but the bravest to try this analysis and now it is getting commonplace. The fundamental facts and black letter law can only…[...]

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Senate, House Hearings on Foreclosure Fraud Cast Doubt on Deadbeat Borrower Meme On Thursday, the housing subcommittee of the House Financial Services Committee held hearings on robo signing, documentation, and servicing issues. This session wasa companion to the Senate Banking Committee hearings on the same topic earlier in the week. There were some notable differences between the two forums. The…[...]

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EDITOR'S NOTE: It's worse than Martin thinks. If my information is correct, virtually all the RMBS derivatives and mortgage bonds are fatally defective (they can't be fixed). The nominal value of that exceeds all the real money in the world by a factor of two. A lot of them cancel each other out, but the point is that there are…[...]

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HITLER EXPLAINS PRETENDER LENDER STRATEGY[...]

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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary LIVINGLIES-GARFIELD CONTINUUM BLOG EDITOR'S NOTE: ALL LAWYERS and ALL LITIGANTS should study these documents --- all of them. Reyes is the guy in charge of asset acquisition, a fancy name for being in charge of the "trustee" functions of Deutsch Bank for securitized pools. Interesting that Deutsch doesn't use its…[...]

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Editor's Comment: Take a look at Paul Krugman's column this morning in the NY Times. He starts off quoting Sen. Alan Simpson happily proclaiming the coming of a "bloodbath." Look at the comments on this blog regarding civil disobedience, and the anger at government, banks and business. Look anywhere you want, and you will see that change is coming and…[...]

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By Ari Haruni|Nov 19, 2010, 4:25 PM|Author's Website FBN’s Charlie Gasparino reports that Financial Crisis Inquiry Commission (FCIC) Chairman Phil Angelides has delayed the report “due out in December until the next year” so that the bipartisan commission can take a closer look “at this new issue of mortgage foreclosure fraud.” Here are the key highlights from the interview, courtesy…[...]

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http://www.ft.com/cms/s/0/92bbba26-f2a7-11df-8020-00144feab49a.html#ixzz15q6EE2wV By Tom Braithwaite in Washington Published: November 18 2010 00:17 | Last updated: November 18 2010 00:17 The Financial Crisis Inquiry Commission has delayed its report into the causes of the crisis amid rancour between members of the panel. Set up by Congress as a version of the widely praised Pecora commission, which in the 1930s studied the causes…[...]

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  Thursday, November 18, 2010 Email to a Friend ShareThis Homeowners continue to have little short-term confidence in the U.S. housing market but are much more confident about the picture five years down the road. The findings on both questions remain in the ballpark of where they’ve been for well over a year. A new Rasmussen Reports national telephone survey…[...]

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