I'm impressed. A lot of people have hooked onto the MERS bill and the 5% Exemption Bill and they are looking for some help from the main bloggers on this subject. So here is my take on some things to keep in mind: It doesn't matter which blog you post your information or findings on as long as it is…[...]
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5% SOLUTION: BANKS FRANTIC FOR PARDON (EXEMPTION)
Nov 12, 2010
LIVINGLIES---GARFIELD CONTINUUM BLOG COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary The pretender lenders have lots of problems. But there is one HUGE problem that is floating up to the surface that could cost them somewhere between $650 BILLION and perhaps three time that amount. The Dodd-Frank Bill has a requirement that the pretender lenders keep a 5%…[...]
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From capecodtoday.com Obama - The Foreclosure Presidency 11/10/10 · 12:14 pm :: posted by trb ShareThis Eleven million homes will be foreclosed between today and 2015. Forty-four million men woman and children, more people than reside in most states will lose their homes. Obama has Sided with the Banks and the Republicans on this Issue. In Other Words, the Problem Worsens By TRB…[...]
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BY RUTH SIMON, ROBIN SIDEL AND NICK TIMIRAOS The push by mortgage companies to accelerate the snarled foreclosure process is running into resistance from judges who are cracking down on sloppy paperwork. In Florida, a state-court judge has begun forcing lawyers to defend fees charged to borrowers by law firms. Maryland's state appeals court told judges that they can hire…[...]
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"Assuming each mortgage it tracks had been resold, and re-recorded, just once, MERS would have saved the industry $2.4 billion in recording costs, R.K. Arnold, the firm's chief executive officer, testified in 2009. It's not unusual for a mortgage to be resold a dozen times or more. The California suit alone could cost MERS $60 billion to $120 billion in…[...]
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LIVINGLIES---GARFIELD CONTINUUM BLOG COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary 11.10.10 B OF NY MELLON AZ BK -Fourth-Amended-Complaint[1] see also HEAD BKR JUDGE IN AZ JUST RULED BONY MEL One of the interesting things about this particular litigant is that he has a combination of factors in which the pretender lender side has everything to lose and…[...]
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Thousands of foreclosures are put on hold During the housing boom, millions of homeowners got easy access to mortgages. Now, some mortgage lenders and government officials are taking action after discovering that many mortgage documents were mishandled. By Ariana Eunjung Cha Washington Post Staff Writer Tuesday, November 9, 2010; 12:07 AM EAST PATCHOGUE, N.Y. - A year ago, Long Island…[...]
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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary LIVINGLIES BLOG 41737977-Servedio-v-Us-Bank LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL EDITOR'S COMMENT: It all comes down to "black letter law." None of this is new. It's just that the pretender lenders thought they could side-step the process by making it LOOK like they were complying with the law. The failure to comply is not just indicative…[...]
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PARDON! LIVINGLIES OBTAINS WALL STREET PLAYBOOK: MERS TO BE LEGITIMIZED BY ACT OF CONGRESS
Nov 11, 2010
LIVINGLIES---GARFIELD CONTINUUM BLOG COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary After years of negative judicial decisions about the use of a straw-man on mortgages, MERS was about to lose its existence as well as its credibility. But now all of that is set to change as Wall Street money is pouring into the coffers of those who…[...]
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submitted by Brian Davies 2010/11/08 at 4:09 pm this is good. http://www.scribd.com/doc/41616883/Do-Did-James-McGuire MERS “SPEED LIQUIDITY AND SECURITY” http://www.scribd.com/doc/41615973/Mers-Slides-The-MERS-eRegistry-2008[...]
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