History shows that the descriptions and predictions in this piece I wrote 1 1/2 years ago were unfortunately on target. What I didn't realize at the time, was that many if not most of the money was at that time going for "refi's" that homeowners did not solicit or want. There was a knock on the door in some reverse…[...]

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Tags: conspiracy, foreclosure defense, foreclosure offense, mortgage meltdown, PREDATORY LOANS
Posted in bubble, Eviction |

AURORA LOAN SERVICES VS. STELLAO; HEARING IN SUPERIOR COURT, El DORODO COUNTY, CALIFORNIA Released /November 19, 2008 Congrat’s to client Stella O. and borrowerhotline.com "EXPERT" to counsel in the above matter of occupancy. [Unlawful Detainer] . A hearing scheduled today was in response to a lender foreclosure and recorded trustee’s sale. Arguments before the court included a motion to dismiss…[...]

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Tags: CALIFORNIA, foreclosure defense, foreclosure offense, UNlawful detainer defense
Posted in Eviction |

The simple reason is that the paper is worthless. The race is on. The lenders and government don't want you to know those debts that are making your palms sweat are probably unenforceable. We have been tracking cases where the debt has been challenged on the grounds of payment, holder in due course, predatory lending practices or fraud. Not one…[...]

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Tags: countrywide, foreclosure defense, foreclosure offense, San Diego
Posted in Eviction |

Demand letters are one of your opening tools in putting the parties on notice that you have a claim and you intend to pursue it. AN ATTORNEY'S DEMAND LETTER CARRIES FAR MORE WEIGHT THAN ONE FROM A HOMEOWNER. Most of the participants in your loan closing have malpractice or errors and omissions insurance policies. You must couch your claim as…[...]

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Tags: DEMAND LETTERS, foreclosure defense, foreclosure offense
Posted in Eviction |

BusinessWeek Subprime: Borne of Sleaze, Bribery, and Lies Friday November 14, 8:08 am ET By Mara Der Hovanesian It may seem like ancient history now, but not long ago the mortgage industry was turning ordinary people into millionaires. One of them was Sharmen Lane, a high school dropout who, like many other young women during the boom, found her way…[...]

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Tags: aggregators, foreclosure defense, foreclosure offense, mortgage wholesalers
Posted in Eviction |

QUESTION: I want to confirm something with you: 1.  TILA does not apply to purchase money. 2.  TILA apply to refinance of mortgage. Is that correct? ANSWER: This is a far more complex question than it appears. Normally it would be simple. But in the context of the mortgage meltdown of 2001-2008 there are more questions than answer. Yes, on its face,…[...]

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Tags: foreclosure defense, foreclosure offense, TILA
Posted in Eviction |

For the most part they are operating either illegally or unethically but there are an increasing number of firms that are playing by the rules and actually helping their clients. beware-of-credit-repair-firms-but-dont-throw-the-baby-out-with-the-bathwater DISCLOSURE: I must disclose both an agenda and an interest here. Having been disappointed by the results or conduct of many supposed "audit" or loss mitigation or loan modification…[...]

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Tags: audit, CREDIT REPAIR, evaluation, mortgage modification, tile
Posted in Eviction |

Most of the credit repair, TILA audit, Loan mod etc firms are incompetent, perhaps dishonest, and definitely misleading. BUT SOME ARE ON THE LEVEL. CHECK IT OUT. GET REFERENCES -- REAL REFERENCES. FTC Sues “Credit Repair” Firms for Misleading Consumers By Craig Andresen, Attorney at Law on Nov 15, 2008 in Credit, Bankruptcy, and Society, Life After Bankruptcy On October…[...]

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Tags: CREDIT REPAIR, FTC
Posted in Eviction |

March 6, 2008, 11:50 am Foreclosure Legal Work: A Shoddy, Assembly-Line Practice? Posted by Dan Slater Does flat-fee pricing foster assembly-line lawyering? That’s what U.S. bankruptcy judge Jeff Bohm suggested in a decision, entered yesterday, in a consumer bankruptcy case involving Countrywide and a Texas homeowner. While Judge Bohm declined to enter sanctions against Countrywide and its lawyers from two…[...]

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Tags: foreclosure defense, foreclosure offense
Posted in Eviction |

November 30, 2007, 9:10 am Law Blog Lexpionage: “Foreclosure Mills” Posted by Peter Lattman Are you hip to the Web site Word Spy? It’s a fun one for all you language lovers out there. Its founder describes its mission as “lexpionage” — sleuthing out new words and phrases. Recent entries include “stroller envy,” feelings of envy directed at high-end baby…[...]

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Tags: foreclosure defense, foreclosure offense
Posted in Eviction |