Talcott Franklin P.C. Issue Investors are the ostensible owners of securitization trusts, but these trusts are not always administered in a manner that is in the investors’ interests.  In many cases, this is a result of conflicts of interest by the trust administrators.  For example, in some cases: ¬Servicers and trustees have failed to pursue repurchase claims against mortgage originators…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

Did you know that the Wall Street money pumped into David Stern's Law Office resulted in a public company that is actively traded? Well, it is. And it isn't doing too well lately. Stern’s DJSP announces 300 layoffs South Florida Business Journal – by Paul Brinkmann Date: Monday, October 25, 2010, 10:45am EDT Fallout from the national foreclosure crisis continues…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

Thoughts from the Frontline Weekly Newsletter The Subprime Debacle: Act 2, Part 2 by John Mauldin October 23, 2010 In this issue: The Subprime Debacle: Act 2, Part 2 They Knew What They Were Selling Warning to Mr. Robert Rubin and Management Popping Through It's Time for Some Putback Payback The Worst Deal of the Decade? And Now to the…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Foreclosure Mills Get Rich With Fraudulent Foreclosures EDITOR'S NOTE: In my opinion, for the reasons stated below, the policy of rejecting short-sales and proceeding with foreclosures creates a greater loss for the bank's earnings statement, a decrease in the actual capital structure, and therefore constitutes shareholder fraud and stock manipulation.…[...]

Continue Reading

Tags: short sales
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Bailout Companies Give Generously to Candidates: Expecting a New Bailout? Editor's Comment: Oops. I thought they said they had reviewed hundreds of thousands of foreclosures in about 6 minutes and discovered that everything was in order. I thought they said the procedure was wrong (perjury and fraud on the court)…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

"TARP may have saved the United States from 15 percent unemployment, but it also implicated our government in the kind of crony capitalism you’d expect from a banana republic. If it was necessary, it was also un-American. If it worked, it did so while doing grievous damage to the credibility of Wall Street and Washington alike." October 25, 2010 The…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Foreclosure May Cost Security Clearance, Jobs 10.24.2010 CITI BOWEN CONGRESSIONAL TESTIMONY(2) Bondholders-Letter-to-Bofa-Over-Country-Wide-Loans-Inc-Ny-Fed Editor's Comment: Whether they stick to it or not is another story. But in a sharp break with the Obama administration's efforts to avoid the inevitable crash of the mega banks, Bernanke has made it clear that there…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary This simple accounting fact would enable any homeowner to show that the transaction was table funded several times over. It would lead to the inescapable conclusion that the lender of record was NOT a party to whom any money was owed by the borrower or anyone else. THAT would lead…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

EDITOR'S NOTE: OKAY. LET'S PRETEND FOR A MOMENT THAT THE WHOLE PROBLEM IS CONTAINED TO BAD PAPERWORK.  It's like replacing the seat on a bicycle with no wheels. It's still not going anywhere. The problem remains and cannot be cured unless the creditor and the debtor are connected on one document or on a series of documents that are all…[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |

This content is password-protected. To view it, please enter the password below. Password:[...]

Continue Reading

Posted in bubble, Corruption, Eviction, securities fraud |