Homeowner in Foreclosure Earns a Huge Victory in Unlawful Detainer ! By Maher Soliman Expert Witness, Whole Loan Examiner and Consultant to Counsel February 5, 2009. Sacramento California - A California Courts ruling is for a judgment in the “holdover” matter allowing the foreclosure “sale” by trustee to be set aside in favor of a modification. Lenders who originate and…[...]

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Tags: borrower, Eviction, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, lost note, predatory lending, rescission, securitization
Posted in Corruption, Modification, securities fraud |

Three U.S. Banks Shut by Regulators as Financial Crisis Deepens Email | Print | A A A   By Margaret Chadbourn and Ari Levy Feb. 7 (Bloomberg) -- Three banks, two in California and one in Georgia, were seized by regulators, bringing this year’s tally of closings to nine as a recession and record foreclosures extend the biggest financial crisis…[...]

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Tags: bailout, disclosure, Eviction, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, Lender Liability, lost note, mortgage meltdown, quiet title, rescission
Posted in Corruption, Modification, securities fraud |

U.S. Housing Slump Has ‘Just Begun,’ Says Forecaster Talbott Email | Print | A A A Review by James Pressley Feb. 5 (Bloomberg) -- Let’s say you own a $1 million home in Santa Barbara, California. The house seemed like a steal when you bought it with that adjustable-rate mortgage in 2005. You still love the white beaches and those…[...]

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Posted in Eviction, Modification, securities fraud |

http://abcnews.go.com/US/wireStory?id=6741823[...]

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The only thing necessary for evil to triumph is for good men to do nothing -Edmund Burke Release Date: February 2, 2009 Contact: Ofc. John Roach, 313-224-0615 Evans halts sale of foreclosed homes o Sheriff says move is necessary to ensure homeowners´ rights o Federal bailout act protections preempt State foreclosure law, Evans says DETROIT, Michigan - Sheriff Warren Evans announced…[...]

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Tags: bailout, disclosure, Federal reserve, foreclosure defense, foreclosure offense, fraud, Lender Liability, lost note, mortgage meltdown, rescission, trustee
Posted in bubble, Eviction, Modification, securities fraud |

The Mortgage Forgiveness Debt Relief Act and Debt Cancellation If you owe a debt to someone else and they cancel or forgive that debt, the canceled amount may be taxable. The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through mortgage restructuring, as well as…[...]

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Tags: bankruptcy, borrower, credit, housing, Lender Liability, mortgage meltdown, predatory lending, rescission, TILA audit
Posted in bubble, Corruption, Eviction, Modification, securities fraud |

Fellow travelers, I just had my first incident and wanted to warn everyone. New client comes to see me after just being served. Wells (not original lender) sends them a "package" of documents after they are 30 days late telling them all about their efforts to work with them and prevent foreclosure. Enclosed was a letter to be returned to…[...]

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Tags: borrower, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, lost note, rescission, securitization, TILA, trustee, Wells Fargo
Posted in Corruption, Eviction, Modification, securities fraud |

At 62, my body seems to be rebelling against the brain. I'm now medically grounded for about another month, which means that work hours are reduced and personal appearances are postponed. However, I will continue to maintain the blog, appear on radio (by telephone) and continue with press interviews over the phone.[...]

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SUBMITTED BY NY Problems with a Loan Modification: The borrowers will think they are modifying their current loan when in fact they are starting all over again. The Foreclosing entity which lacks standing to bring lawsuit, is not authorized to modify anything since they are not the owner of the loan in question. Since the real parties in interest are…[...]

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Tags: borrower, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, LOAN MODIFICATION, lost note, rescission, securitization, TILA audit, trustee
Posted in bubble, Corruption, Eviction, Modification, securities fraud |

Comment: www.foreclosureinforsearch.com By Maher Soliman Living lies recently posted an outstanding (according to our counsel) well prepared Motion to set aside judgment which we used to file after entry of judgment for a UD hearing that did not end up favorable. We filed six motions total to date and we are five for six when filed. LA SALLE NATIONAL BANK…[...]

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Tags: disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, lost note, mortgage meltdown, predatory lending, securitization
Posted in Corruption, Eviction, securities fraud |