Anonymous is in regular type, Garfield is in bold. Dear Anonymous: Think some of the confusion here is in the concept of funding of the loans.   As I have said before (and I know Neil does not like) investors do not directly fund individual mortgage loans.  They indirectly fund the securitization of a “POOL” of securitized receivables.    Thereafter, the pools…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

David Brooks, NY Times Opinion. Nov. 11, 2010 "Elections come and go, but the United States is still careening toward bankruptcy. By 2020, the U.S. will be spending $1 trillion a year just to pay the interest on the national debt. Sometime between now and then the catastrophe will come. "It will come with amazing swiftness. The bond markets are…[...]

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LIVINGLIES---GARFIELD CONTINUUM BLOG COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor's Note: I'm not sure about the submission below and I invite comments. The point missing, I think, is that the notes themselves were not EACH converted into bonds. The securitization structure appears to me to be the intermingling of notes (which are probably invalid because they…[...]

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Tags: bonds, conversion, CUSIP, foreclosure, fraud, notes, OVERCOLLATERALIZATION, Ponzi
Posted in bubble, Corruption, Eviction, securities fraud |

Editor's Note: We'd like to know the names of the investors too. Let's see if we can dig up the actual wording of the request and follow along to see what the answers are. Categorized | STOP FORECLOSURE FRAUD Bank of America Lawyers Demand Names in Mortgage-Bond Fight With Investors Posted on07 November 2010. Tags: allegations, bank of america, blackrock…[...]

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Posted on November 14, 2010 by Foreclosureblues Today, November 14, 2010, 53 minutes ago | Foreclosure Fraud Foreclosure Mill Law Firm Accused of Fraud, Racketeering See also: LINK – More Georgia Foreclosure Fraud – Prosecutors Probe Counterfeit Notary Seal from Prommis Solutions ~ LINK – Georgia’s Version of David J. Stern and Friends? – McCalla Raymer, Charles Troy Crouse and Prommis Solutions[...]

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LIVINGLIES---GARFIELD CONTINUUM BLOG COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary latimes.com/business/la-fi-fdic-lawsuits-20101111,0,7606749.story The FDIC board has authorized suits seeking to recover more than $2 billion from more than 80 former bank officials, up from about 50 a month ago, Osterman said. The number could multiply as the agency works through its investigative backlog. The agency could end up…[...]

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submitted by Brian Davies, Esq. MERS ATTEMPT TO MAKE IT LEGAL http://www.scribd.com/doc/41754715/MERS-eRegistry-Legal-Opinion-1 MERS QUESTIONS ON AUDIT TRAIL FOR SUPONEA OF THEIR RECORDS. http://www.scribd.com/doc/41754053/Mers-Suponea-11-8-10-Final-Mers-Audit-Trail 10 KILLER PROBLEMS FOR MERS. http://www.scribd.com/doc/41752731/Mers-10-Headaches-killer-Problems MERS OWN PROCEDURES http://www.scribd.com/doc/41750201/MERS-Procedures-Rel16-Draft-1 THE APPELLATE BRIEF THAT STATES ON THE RECORD WHAT MERS DOES AND OWNS 2004 NEBRASKA http://www.scribd.com/doc/41745712/MERS-Appellants-Brief-MERS-v-Nebraska-Dept-of-Banking-Filed-15-Oct- 2004 THE FLORIDA BANKSER ASSOCIATIONS DIRECT INDICATION THAT COPYING NOTES ELECTRONIC…[...]

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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 LIQUITY AND SECURITY” http://www.scribd.com/doc/41615973/Mers-Slides-The-MERS-eRegistry-2008[...]

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“If courts around the country do not handle this on an individual case basis and there are later problems with the title, the courts will have participated with the clouding of the title,” Russo said. “The potential for harm is so immense at so many levels.” 2010/11/11 at 8:40 am Ohio GMAC Foreclosure Case May Set Anti-Wall Street Precedent\ ——————————————————————–…[...]

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EDITOR'S NOTE: EX POST FACTO RESTRICTION REFERS TO THE PROVISION IN OUR CONSTITUTION THAT IS CONSIDERED BY MOST PEOPLE AROUND THE WORLD TO BE AT THE CORE OF OUR INDIVIDUAL LIBERTIES. The Constitution is the Law of the Land, something which agitators and politicians seem to forget. It says that NOBODY can pass ANY LAW AFTER SOMETHING HAS ALREADY HAPPENED…[...]

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