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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Tags: clear title, quiet title
Posted in bubble, Corruption, Eviction, securities fraud |

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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Tags: haircut, Ireland
Posted in bubble, Corruption, Eviction, securities fraud |

"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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Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary In nearly all cases there is a reference to a trust that "owns" the loans. The first transaction is with this fictitious trust on whose behalf money is collected from investors who think they are purchasing bonds, the payor being the trust, but they are in effect non-recourse bonds because…[...]

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Posted in bubble, Corruption, Eviction, securities fraud |

"The Chamber of Commerce and other lobbyists help spend bank profits framing the consumer protection debate as being about “regulation,” but that is not the issue.  We have had plenty of regulation in recent decades and still have lots of regulators.  The issue is capture.  Big banks in particular disproportionately captured the hearts and minds (and maybe more) of federal…[...]

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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor's note: It is a simple proposition: without demand AND supply of capital within the economy there can be no movement. Refinancing and new financing cannot take place as long as the loan is too large relative to the property or business value. Thus we either must again artificially inflate…[...]

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by Neil F Garfield With the midterm elections over and the mixed results virtually a guarantee of more Washington gridlock, the celebrations of victory can only be regarded as personal victories for winning politicians whose only objective is to get elected again. Reviewing the slate of candidates across the board --- those who won and those who lost --- I…[...]

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submitted by Ann Fed Will Probably Start $500 Billion of Bond Buys, Survey Shows By Caroline Salas and Alex Tanzi – Nov 1, 2010 9:00 PM PT Nov. 1 (Bloomberg) — Julia Coronado, chief economist for North America at BNP Paribas, talks about the outlook for the financial markets following this week’s meeting of Federal Reserve policy makers and the…[...]

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Hey Dave, that thing in your throat is called an order of disgorgement. Posted on02 November 2010. Tags: affidavits, assignment of mortgage, baron, djsp enterprises, fannie mae, files, foreclosure fraud, fraudulent documents, Freddie Mac, law offices of david J. stern plantation florida 33324, Tammie Lou Kapusta Fannie, Freddie Take Loan Files From Florida Law Firm By NICK TIMIRAOS Fannie Mae…[...]

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Tags: Fannie, Freddie, Stern
Posted in bubble, Corruption, Eviction, securities fraud |

MO Attorney General gives homeowners “tool kit” to fight foreclosure Today, November 01, 2010, 59 minutes ago | ceramic cat FROM: http://kmox.cbslocal.com/2010/11/01/…t-foreclosure/ Kevin Killeen 11/1/2010 ST. LOUIS–(KMOX)–Missouri Attorney General Chris Koster is offering consumers facing foreclosure a way to fight back. Koster has compiled a “tool kit” of information on his website — including a form letter consumers can send…[...]

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Tags: attorney general, Missouri, toolkit
Posted in bubble, Corruption, Eviction, securities fraud |