Thank You ABBY! This post is from Abby. You can catch her email in comments where she originally posted. Just one word of caution: Just because the Trustee or officer of the SPV pool claims to have your loan doesn't mean they really do. In fact they may only have a spreadsheet with no documentation, no original notes, no copies…[...]

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Tags: AGGREGATOR, allonge, assignment, Chase, CIK number, COK, DEED OF TRUST, fwp, JP Morgan Acquisition Corp, JPMAC, MERS, mortgage backed bonds, officer, original note, pool, pooling and service agreement, Power of Attorney, PSA, SEC, SPV, trust, trustee, WAMU, Washington Mutual
Posted in bubble, Corruption, Eviction, securities fraud |

The way the media tells it, there are million of bargains out there that will be the house of your dreams and will make you rich. If it seems too good to be true, that would because it IS too good to be true. As a backdrop to this discussion remember that there are over 2 million homes that could…[...]

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Tags: Acknowledgment, amortization, authority, bank, bargains, buyers, COnsumer Price INDex, CPI, DEED OF TRUST, FINAL JUDGMENT, foreclosed home, forecloser, friendly quiet title action, General release, Hold Harmless, homeowner, Indemnification, Lease, note, REO, rescission, title policy, warranty deed
Posted in bubble, Corruption, Eviction, securities fraud |

The business case for taking, handling and litigating residential "mortgage" cases has been proven over and over again. Unfortunately most lawyers are ignoring this opportunity. The latest estimates are that it will take 6-12 years to clean up this mess and I think that is very conservative. My analysis shows that it will take the better part of 30 years,…[...]

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Tags: Appraisal, contingency fees, fraud, ID Theft, lawyers, Michigan, monthly fees, Ohio, securities, Texas, title
Posted in bubble, Corruption, Eviction, securities fraud |

First of all you have non-judicial and judicial foreclosure states. Non-judicial basically means that instead of signing a conventional mortgage and note, you signed a document that says you give up your right to a judicial proceeding. So the pretender lender or lender simply instructs the Trustee to sell the property, giving you some notice. Of course the question of…[...]

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Tags: accounting, creditor, Eviction, foreclosure, foreclosure defense, four wall audit, how to, judicial sale, lender, NON-JUDICIAL SALE, Notice of Default, Notice of Sale, pretender lender, service of process, TRO, Unlawful Detainer
Posted in Corruption, Eviction, securities fraud |

see how-to-negotiate-a-modification See Template-Lawsuit-STOP-foreclosure-TILA-Mortgage-Fraud-predatory-lending-Set-Aside-Illegal-Trustee-Sale-Civil-Rico-Etc Includes QUIET TITLE and MOST FEDERAL STATUTES --- CALIFORNIA COMPLAINT See how-to-buy-a-foreclosed-house-its-a-business-its-an-opportunity-its-a-risk My statements here relate to general information and not legal advice. Generally we the vast majority of short-sales fail. Whatever the reason told to you, the real reason is that there is trouble amongst the ankle-biters on Wall Street and a challenge to come up…[...]

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Tags: damages, lender, modification, NINJA, rule of thumb, short-sale, SISA
Posted in Uncategorized |

See how-to-negotiate-a-short-sale See Michael Moore --- Modifications See Template-Lawsuit-STOP-foreclosure-TILA-Mortgage-Fraud-predatory-lending-Set-Aside-Illegal-Trustee-Sale-Civil-Rico-Etc Includes QUIET TITLE and MOST FEDERAL STATUTES --- CALIFORNIA COMPLAINT See how-to-buy-a-foreclosed-house-its-a-business-its-an-opportunity-its-a-risk My statements here relate to general information and not legal advice. Generally we are of the opinion that the loan modification programs are a farce. First they end up in foreclosure in 6-7 months --- more than 50-60% of…[...]

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Tags: Appraisal, chain of possession, chain of title, Federal government, foreclosure, forensic analyst, LAWYER, modification, mortgage lenders, pretender lender, quiet title, RESPA, securities, securitization, TILA, yield spread premium
Posted in bubble, Corruption, Eviction, securities fraud |

Option ARMs Come Back into Center Stage: 350,000 Active Option ARMs with over 200,000 in California. 78 Percent of Option ARMs have yet to hit Recast Dates. Option ARMs are the gift that keeps on giving this holiday season.  As it turns out, these pesky toxic mortgages are still sitting waiting to hit recast periods.  Like a street vendor taco…[...]

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Tags: ALT-A, CALIFORNIA, HAMP, Inland Empire, Long beach, Los Angeles, Option, Option ARM, Phoenix, reset, shadow inventory, toxic mortgages, underwater
Posted in bubble, Corruption, Eviction, securities fraud |

THANK YOU PAUL FROM ATLANTA: YOU DEFINITELY HAVE YOUR EYE ON THE RIGHT BALL. And then there is this one which described the scale of the Wall Street schemes that brought all of us to this point. People are just starting to realize that they are all citizens of the same country and that if financial firms put the fix…[...]

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Tags: Bernie Madoff, credit-default swap, Hampton Sheet, HARRY Markopolos, insurance, Joan Jedell, NY POST, Ponzi, whistleblower
Posted in bubble, Corruption, Eviction, securities fraud |

NOW AVAILABLE ON AMAZON KINDLE! THE PHONE RINGS. YOUR NERVES ARE JANGLED. YOU KNOW YOU ARE "LATE" IN YOUR PAYMENTS. PROBABLY ANOTHER COLLECTION CALL. FEAR COURSES THROUGH YOUR VEINS LIKE ACID TOGETHER WITH A RISING TIDE OF EMBARRASSMENT. SO HERE IS WHAT I HAVE TO SAY ABOUT THAT. First of all if you look up the collections firm, mortgage servicer,…[...]

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Tags: collection, debt validation, Fed, FTC, illegal collection practices, OTC, Pressler, qualified written request, treble damages, usury, walk away strategy
Posted in bubble, Corruption, Eviction, securities fraud |

The untimely death of Mark Pittman at age 52 from "unknown" causes has provoked notions of conspiracy and murder. I can neither debunk nor corroborate such theories. It's fair to say that Pittman was one of the most serious threats to the financial oligopoly that now has our government in a death grip. It is also fair to say that…[...]

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Posted in Uncategorized |