FORECLOSUREBLUES…THIS ARTICLE IS EXACTLY RIGHT AND CORRECT AND I COMMEND KARL DENNINGER FOR BEING ABLE TO EXPRESS EXACTLY WHAT I HAVE BEEN SAYING FOR 3 YEARS TO THE DEAF AND BLIND WHO NOW CAN HEAR AND SEE…The Market Ticker – Logical Fallacies And Foreclosuregate Posted on October 31, 2010 by Foreclosureblues The Market Ticker – Logical Fallacies And Foreclosuregate Today, October…[...]
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"The foreclosure fiasco is metastasizing. A member of the Troubled Asset Relief Program’s oversight panel, AFL-CIO attorney Damon Silvers, openly worried at a hearing last week about the risk that Bank of America might need another bailout…." Posted on November 4, 2010 by Foreclosureblues Bank Of America Stock Has Tanked As Investors Fear It Needs Another Bailout Today, November 04,…[...]
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Reports are coming from various sources that all, or nearly all of the employees of the Law Firm of David Stern, one of the largest foreclosure mills in the country, received an email this morning telling them to be out by noon. Stern made tens of millions of dollars on filing foreclosures that are now being investigated by numerous civil…[...]
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Rather Than Investigating Foreclosure Fraud, House Republicans Vow To Investigate Loans To Poor People
Nov 4, 2010
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor's Note: THAT'S IT. BLAME THE POOR PEOPLE --- THE ONES WHO KNOW THE LEAST ABOUT FINANCE AND MORTGAGES. It is not as ominous as it sounds. No matter where they look they are going to find that the mortgages, notes and obligation are hopelessly obscured. Finding loans to "poor…[...]
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Fed Policy Should Deal With Mortgages They Own
Nov 4, 2010
SOMEONE must see the absurdity here. Wall Street profits and bonuses are up "defying gravity." Where is the money? I guess in the hands of Wall Street while the rest of the country languishes in debt and dim prospects of a recovery. Show us the money. Where is it, Wall Street? what are you doing that is earning so much…[...]
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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor's Note: This is the same game we played before. each estimate rises higher than the one before it. It is obvious that these figures will once again end up in the trillions. So here is the question, are we going to protect the American public or the capital structure…[...]
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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary By Michael Riley - Nov 1, 2010 9:01 PM MT Tue Nov 02 04:01:01 GMT 2010 Tweet (23) LinkedIn Share Business Exchange Buzz up! Digg Print Email A Maryland homeowner asked a court to dismiss any Wells Fargo & Co. foreclosure actions in the state that involve affidavits given by…[...]
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From mersfatalflawsincalifornia Javier Labra email4javier@gmail.com 1. Clear Title May Not Derive From A Fraud (including a bona fide purchaser for value). In the case of a fraudulent transaction California law is settled. The Court in Trout v. Trout, (1934), 220 Cal. 652 at 656 made as much plain: "Numerous authorities have established the rule that an instrument wholly void, such as…[...]
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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR'S COMMENT: Like the Cuban Missile Crisis, someone needs to blink. Ireland is taking the unthinkable step of coming to the only obvious and workable conclusion, whether it hurts or not: there is nobody left to take the loss except the investors and the banks. They are getting a "haircut"…[...]
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"We are faced with a choice here," Silvers said during the hearing. "We can either have a rational resolution to the foreclosure crisis or we can preserve the capital structure of the banks. We can't do both." "Evidence has mounted that there are substantive problems with the liens that support significant numbers of securitized mortgages," Damon Silvers, a member of…[...]
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