see also WHAT IF THE POOLS ARE EMPTY? see also heres-that-devastating-report-on-bank-of-america-that-everyone-is-talking-about-today COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Friday, October 15, 2010 Foreclosure Crisis Finally Hitting Banks Where it Hurts: Their Stock Prices I’m surprised it has taken this long for Mr. Market to wake up and smell the coffee. Major bank suspending foreclosures in a whole passel…[...]

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LETS NOT FORGET HER MULTIPLE SIGNATURE PERSONALITIES[...]

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Countrywide's Mozilo to pay $67.5 million settlement By Blake Ellis, staff reporterOctober 15, 2010: 3:29 PM ET NEW YORK (CNNMoney) -- Angelo Mozilo, the former co-founder of Countrywide Financial, has agreed to pay $67.5 million to the SEC to settle fraud charges. The fine was one of the largest penalties ever issued for a corporate executive charged with filing false…[...]

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"The rule also addresses a recurring problem in servicing: the obligation for servicers to continue funding payments missed by borrowers. Under most current servicing agreements, this obligation has the effect of accelerating foreclosures as servicers seek to recover these payments by selling the home. Our new rule strictly limits advances to just three payments unless there is a way to…[...]

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SEE ALSO The Third Rail — Validity of the Loans, Notes and Mortgages COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary If you're looking for an analogy for the current mortgage crisis, look at the salad oil scandal, where the tanks were empty and the business model was simply fraud.  The only difference, at the present time, is that…[...]

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Are Trusts on the Hook for Mortgage Mess? Published: Thursday, 14 Oct 2010 | 1:45 PM ET By: Diana Olick CNBC Real Estate Reporter Digg Buzz Facebook Twitter More Share Repres Will there soon be a flood of investor lawsuits filed against trusts?   We've talked a lot about the robosigning scandal with respect to borrowers' rights and the possibility…[...]

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Bank of America Re-Remics Cut Mortgage Debt as Basel Rules Loom By Miles Weiss and David Mildenberg - Oct 14, 2010 8:38 AM MT Thu Oct 14 15:38:50 GMT 2010 Bank of America Corp., seeking to reduce risk and meet new capital standards, upgraded billions of dollars of distressed mortgage bonds by repackaging them into new securities using a variation…[...]

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Florida Case dismissed – Faulty Affidavit – Indy Mac COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary ——————————————————————— By Jonathan Weil – Oct 13, 2010 9:01 PM ET Jonathan Weil http://www.bloomberg.com/news/2010-10-14/foreclosure-fiasco-s-trail-leads-to-washington-jonathan-weil.html What were banking regulators doing while some of the biggest U.S. lenders routinely filed false foreclosure documents in local courthouses around the country? In the case of…[...]

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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR'S NOTE; THE FOCUS CONTINUES TO BE IMPROPERLY DIRECTED TOWARD SPEED RATHER THAN ACCURACY. COMPLETELY ABSENT IS A REPORT OF DUE DILIGENCE, THE AUTHOR OF THE REPORT, THE SIGNATURE OF SOMEONE, AND THE A COPY OF THE REPORT SO THE REPORT CAN BE CHALLENGED IF NECESSARY. THE CONTENT OF THE…[...]

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Tags: Fannie MAe, FHFA, Freddie Mac
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THE TORRENS SYSTEM…GOV’T GUARANTEED TITLE Posted on October 13, 2010 by Foreclosureblues POSTED BY ARCHIE 1954 The US foreclosure debacle will freeze the real estate industry. No one especially the title companies will insure the title to any home that is in foreclosure , might be or has been. Without that insurance no lender will risk a loan or mortgage on…[...]

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