SHADOW ACCOUNTING: Did BofA Make $3B or Lose $7B?
Oct 23, 2010
It is not true that another bailout will be required to maintain our financial system. In fact, if we want to return to true capitalism we must let the mega banks fail if they indeed run out of money. The reason is simple: this time, there is not even the hint of a risk that the economy will lose a…[...]
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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR'S NOTE: Except for the assumption that the borrower's bought homes they couldn't afford (with which I disagree) and the assumption that the existence of a default is axiomatic if the borrower has missed a payment (with which I strongly disagree), this article pretty much hits the nail on the…[...]
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Listen to Dave Krieger on WVOC-AM 10/30 11am EDT
Oct 23, 2010
From Davie Krieger, Quiet Title Titan To Bill et al … Maricopa County seems to have a County Recorder that has been in office way too long and it’s time you ousted her. Helen Purcell has got to go! Now you have a reason you can tell the taxpayers WHY your county is so broke! These recorders wonder why their…[...]
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NY: New Law Allows Homeowners to Recoup Legal Fees
Oct 23, 2010
October 21, 2010 New Law Allows Homeowners to Recoup Legal Fees in Foreclosure Cases By JOHN ELIGON A new state law signed in Albany this week will allow homeowners who win foreclosure proceedings to have the lender pay their lawyers’ fees. Supporters say the law balances what they see as the long unfair practice of lenders writing provisions in mortgage…[...]
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From Predatory Lending to Predatory Tax Collection
Oct 22, 2010
EDITOR'S COMMENT: Well here is the reason why tax collectors et al are not pursuing the Wall Street Banks for unpaid fees and taxes. it turns out they are in bed with them. By going into business with the local agencies that collect taxes, Wall Street has snuffed out any incentive to pursue the Banks. Like the fox guarding the…[...]
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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary WHEN IS THE PUBLIC OUTRAGE GOING TO TRANSCEND PARTY LINES AND IDEOLOGY? WHEN WILL WE BREAK UP THE BANK OLIGOPOLY THAT HAS US IN A DEATH GRIP OF FINANCIAL SLAVERY. WHY DO WE VOTE FOR THESE PEOPLE? AS PJ O'ROURKE SAYS, IT ONLY ENCOURAGES THEM. ARE WE SO SCARED OF…[...]
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Robo-Signings Not the Only Issue Facing Housing Industry by Jann Swanson on Email Page | Print | Bookmark | Tweet This - New! Bank of America (BOA) and GMAC announced Tuesday that they were resuming the prosecution of foreclosures following several weeks of a self imposed moratorium. The moratorium in BOA's case extended to all 50 states while…[...]
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Federal bailout for Fannie, Freddie could more than double, regulator says $215 billion
Oct 21, 2010
Editor's Note: All this because they won't face reality and insist on maintaining the illusion that the "loan" transactions were anything but empty promises based on misrepresentations. There is another way out of this without letting the Wall Street socialists continue to dine at the taxpayer trough. To do that we have to put aside our agendas and adopt just…[...]
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Fellow foreclosure defense activists, Check out PBS’ News Hour at http://www.pbs.org/newshour/bb/business/july-dec10/foreclosures_10-19.html Part II is tonight! We need forensic auditors up here in Bean Town. America is getting Kafkaesque! Let’s get the VOTE out! ALLAN BeMoved@AOL.com[...]
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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR'S COMMENT: While I commend the reporting and the acts by Judges, lawyers and government officials, they still don't "get it." The presumption is that the homeowner owes the money that the servicer says is due. That is a lie. Thus the assertion that the homeowner is in default is…[...]
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