Editor's note: I think the standards used here apply to ALL private actions for appraisal fraud. With appraisal fraud proven, virtually all lending statutes are proven to have been violated. Appraisal fraud lies at the root of the mortgage mess with its sister, ratings fraud. Both are appraisals and both are ratings. Both were designed to track people into doing…[...]

Continue Reading

Tags: 2010 NY Slip Op 04868, Appraisal, appraisal standards, Appraisal Standards Board of the Appraisal Foundation, Cuomo, deceptive and illegal business, eAppraiseIT, FIERRA, Financial Institutions Reform, First American Corporation, First American eAppraiseIT, fraudulent, GONZALEZ, HERS, HOLA, Home Owner’s Lending Act of 1933, Inc., inflate a property’s market value, Lender’s Service, New York, Office of Thrift Supervision, OTS, P.J., People v First Am. Corp, preemption, Recovery and Enforcement Act of 1989, Supremacy Clause, target loan amount, Title XI, USPAP, WAMU, Washington Mutual
Posted in Corruption, Eviction, evidence, expert witness, foreclosure mill, Pleading, securities fraud |

Submitted by VivianJ 2010/06/08 at 6:55 pm Finally got on the list. A servicer, (not on the deed of trust) tried to execute a power of sale. Thanks Neil for your wonderful posts. I’ve been reading for months. I showed up. Spoke to the ‘appointed’ trustee. Said, according to your appointment you have the Deed and the Note? She said,…[...]

Continue Reading

Tags: after the sale, attorney general, Fruad, servicer, trustee, wrongful foreclosure
Posted in Corruption, evidence, foreclosure mill, securities fraud, Servicer |

Submitted by Charles Koppa. 6/9/2010 Editor's Note: We are starting to look at events AFTER the sale has taken place and we are discovering a number of things: CREDIT BID: Only the Creditor can submit a credit bid. All others must pay actual money. If a non-creditor submitted a credit bid (essentially bidding the "amount due" which as we have…[...]

Continue Reading

Tags: Auction, bookkeeping trust, credit bid, fabricating documents, foreclosure, foreclosure sale, fraudulent foreclosure, Identification Numbers, Lehman Brothers, MERS, MIN, NOD, NOTS, OREO, property records, REO, sale, servicer
Posted in Corruption, Eviction, expert witness, foreclosure mill, Modification, securities fraud, Servicer |

It's not just a really good brief, it is a good resource. I recommend everyone read it. While it is specifically and powerfully directed against MERS, it also attacks the heart of the securitization scheme in terms of its effect "on the ground."  You can learn a lot about the mortgage mess just by reading this document. MERS Amicus Brief[...]

Continue Reading

Tags: April Charney, Legal Aid, MERS
Posted in Uncategorized |

The bottom line is that none of these signors of affidavits have ANY personal knowledge regarding any document, event, or transaction relating to any of the loans they are "processing." It's all a lie. In a 35 hour workweek, 18,000 affidavits per month computes as 74.23 affidavits per JPM signor per hour and 1.23 per minute. Try that. See if…[...]

Continue Reading

Tags: accounting, affidavits, Chase Home Financial, Cotrell, Deposition, HERS, JP Morgan, JPM, personal knowledge, third party payment
Posted in Corruption, evidence, expert witness, foreclosure mill, Modification, Servicer |

GET LOAN SPECIFIC RECORDS PROPERTY SEARCH AND SECURITIZATION SUMMARY FTC v Countrywide Home Loans Incand BAC Home Loans ServicingConsent Judgment Order 20100607 Editor's Comment: This "tip of the iceberg"  is important for a number of reasons. You should be alerted to the fact that this was an industry-wide practice. The fees tacked on illegally during delinquency or foreclosure make the…[...]

Continue Reading

Tags: Appraisal, Bank of America, bo-doc, california foreclosure, countrywide, delinquency, excessive fees, Federal Trade Commission, feeder originators, fees, FTC, interest rates, investors, loans, Merrill Lynch & Co., mortgage backed securities, Notice of Default, Notice of Sale, points, Quicken, underwriting
Posted in Corruption, Eviction, evidence, expert witness, foreclosure mill, Modification, securities fraud, Servicer |

GET LOAN SPECIFIC RECORDS PROPERTY SEARCH AND SECURITIZATION SUMMARY because a foreclosure under a power of sale is not favored in the law and must be “watched with jealousy,” see In re Foreclosure of Goforth Props., 334 N.C. at 375, 432 S.E.2d at 859 (internal quotation marks omitted), we must conclude that the evidence presented to the trial court was…[...]

Continue Reading

Tags: Assign, Cole, DEED OF TRUST, Deutsch, evidence, foreclosure, Goforth Props, HERS, HOLDER, Home Equity Theft Reporter, In re Foreclosure of Brown, indorse, make payable, Mortgage, North Carolina, Novestar Mortgage, payable, photocopy, power of sale, promissory note, Smith, Soundview, Soundview Home Loan Trust 2005-4 (`Lender’).”, transfer
Posted in Corruption, Eviction, expert witness, foreclosure mill, Modification, Pleading, Servicer |

6 05 10Injunction-Stopping-ALL-Foreclosure-Proceedings-by-Bank-of-America-Rec-on-Trust-Home-Loan-Servicing-Et-Al1 Bombshell – Judge Orders Injunction Stopping ALL Foreclosure Proceedings by Bank of America; Recontrust; Home Loan Servicing et al Today, June 06, 2010, 2 hours ago | Foreclosure Fraud (St. George, UT) June 5, 2010 – A court order issued by Fifth District Court Judge James L. Shumate May 22, 2010 in St. George, Utah has stopped…[...]

Continue Reading

Tags: Amir Shlesinger, Bank of America, Esq, HERS, Home Loan Servicers, John Christian Barlow, Judge James L. Shumate, LLP, Loyola University of Chicago, ReconTrust, Reed Smith, Richard Ensor, Sean D. Muntz, Utah, Vantus Law Group
Posted in Corruption, Eviction, expert witness, foreclosure mill, Modification, Servicer |

GET LOAN SPECIFIC RECORDS PROPERTY SEARCH AND SECURITIZATION SUMMARY Editor's Note: Every time a lawyer, Judge, US Bankruptcy Trustee stops to actually look at the paperwork, the result is the same. The game is your would-be forecloser to get the Judge to avoid scrutinizing the documents. It works in most cases because either the debtor does nothing or his lawyer,…[...]

Continue Reading

Posted in Uncategorized |

If the government guarantee was waived in whole or in part, which I am sure is the case, then the rationale for non-dischargeability disappears. So I am suggesting that the assumption that the student loan is non-dischargeable should be challenged based upon the individual facts of your student loan. If it was securitized and it most likely was, then the…[...]

Continue Reading

Tags: Andy Winchell, bankruptcy, Citibank, Democrat, discharge, John Hupalo, Ny Times, Ron Lieber, Sallie MAe, Samuel ramirez and Company, Steve Cohen, student debt, student loans, tennessee
Posted in bubble, Corruption, expert witness, Modification, Motions, Pleading, securities fraud, Servicer |