Opinionated, but I agree with virtually everything stated. A Credit Crisis or a Collapsing Ponzi Scheme? The Two Trillion Dollar Black Hole By PAM MARTENS pamk741@aol.com http://counterpunch.org/martens11132008.html Purge your mind for a moment about everything you've heard and read in the last decade about investing on Wall Street and think about the following business model: You take your hard earned…[...]
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Here is an example of a defective affidavit: defective-affidavit-of-indebtedness Here is the analysis of how to respond: In general the affidavit is insufficient because it does not satisfy the basic requirements of personal knowledge. 1. "Affiant is an employee:" Affiant should be an officer or otherwise identified as having a specific scope of employment that should be identified and described…[...]
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Attachment B Single Family Claims Input Help Part A, Form HUD-27011 General information: The Claim Input window can be used to enter Disposition claims and transmit them to HUD. It can be used for Part A of the following claim types only: 01 Conveyance 07 Pre-foreclosure Mortgagees are fully responsible for the accuracy of any claims they file using this…[...]
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940 F.Supp. 512) United States District Court, E.D. New York. [11] This Court must apply New Mexico substantive law because the Modification Agreement provides that New Mexico law will govern any dispute arising thereunder. See Compl.Ex. E P 27, at 23. In this regard, "[f]ederal courts sitting in diversity cases will, of course, apply the [choice-of-law rules] of the forum…[...]
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Citigroup et al Bailouts Present Additional Defenses Againsts Collection of Virtually Any Debt
Nov 24, 2008
Think about it. You are a taxpayer and your tax dollars are absorbing the "losses" associated with write-offs of your debts (mortgage, credit card, auto-loan, student loan etc.) whether you pay or not! The reason for the toxicity of those assets the government is eating up is NOT because of defaults, it is because the paper is bad to begin…[...]
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donation-form-1108 SUPPORT THIS SITE!!! Wow! Nice to see when your efforts pay off. After only 6 seminars on the Garfield Continuum Seminars, and recruiting on the blogsite, we are pleased to report that new lawyers are joining the network every day. Please give us your feedback on experiences with any of them. Some of these either duplicate or supplement the…[...]
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QUESTION: I needed to know what the following means, from my Trustee's Deed Upon Sale ... specifically the last part that reads "as Trustee for Mastr Adjustable Rate Mortgages 2004-15, Mortgage Pass-Through Certificates, Series 2004-15". JP Morgan Chase was my Lender prior to my last re-fi in September 2004, which was done thru RBC Mortgage Company [as listed on my…[...]
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Faithful March on Washington It's easy to give up --- although harder in the long run. You have a home that unscrupulous people wish to take, despite the fact that they have been paid, you have creditors who wish to take your last dime despite the fact that they too have been paid many times over. It's confusing and paradoxical…[...]
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Holiday Gift: Staying in Your Home — Priceless: Those Debts You Think you Have? — WORTHLESS
Nov 21, 2008
For all the hoopla about moratoriums on foreclosures and other debt collection, the reality is that the only reason they are doing it is to figure out a way out of a mess founded in one inescapable FACT: the mortgage, the note, the credit card, the student loan, the furniture loan and all other consumer loans are worthless. They are…[...]
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