Apparently on the assumption that most of these voters are either Democrats or otherwise people who will blame Republicans for not regulating Wall Street and Lenders, Republicans with close ties to the largest foreclosure law firm in the State, which raised $250,000 for them, have taken control of the polling and are removing people from the voting rolls if their…[...]

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Tags: foreclosures, Michigan, voting
Posted in bubble, Eviction |

QUESTION: 1.  A friend of mine let me see his papers he received from the Attorney's office that's the trustee for a bank that's foreclosing on him.  One of the papers that sent was titled Allonge.  On the paper it says: PAY TO THE ORDER OF NEW CENTURY MORTGAGE COMPANY _______________________________________ without recourse Company Name:  ACE MORTGAGE FUNDING LLC by: …[...]

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Tags: allonge, assignment, servicer
Posted in Eviction |

QUESTION: I have received a five day notice. Do I have to leave? ANSWER: Technically the answer would be yes, you are being ordered to leave. As a practical matter however, there are several procedural steps that the Trustee or "lender" must take before they can actually remove you from the premises. And of course in most cases, it is…[...]

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Tags: BOND, Eviction, five day notice, stay, Unlawful Detainer
Posted in Eviction |

Government: If you think our problems are bad, wait until you see our solutions. Note: If you are planning to attend it would be wise to book now. Experience has shown us that sometimes a large number of lawyers show up at these workshops intending to register at the door. We don't want you driving two hours only to find…[...]

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Tags: foreclosure defense, foreclosure offense, SEMINARS, WORKSHOPS
Posted in Eviction |

ALL OF THESE FORECLOSURES ARE TAINTED BY THE PROBABILITY THAT EVERYONE HAS RECEIVED PAYMENT BUT THEY ARE TRYING TO GET THE PROPERTY TOO AS WINDFALL TO ONE OR MORE OF THESE FRAUDULENT PLAYERS. THE BORROWER IS LEFT HOLDING THE BAG WHILE EVERYONE ELSE GETS PAID OR BAILED OUT. One of the issues I am repeatedly pointed out here is that…[...]

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Tags: discovery, foreclosure defense, foreclosure offense, notices, records
Posted in Eviction |

By Kevin McCoy, USA TODAY Mortgage lenders are abusing the bankruptcy court system by pursuing unjustified foreclosures against struggling homeowners, piling on questionable fees and misstating the amounts owed, witnesses alleged at a congressional hearing on Tuesday. The result is a systemic breakdown that increases foreclosures, raises the number of families losing their homes and threatens the integrity of the…[...]

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Tags: bankruptcy, foreclosure defense, foreclosure offense, Katherine Porter, questionable fees
Posted in Eviction |

For you Californians or residents of other states who think your transaction is exempted from usury, take another look: (1) the real lender was not a bank and (2) the real transaction was securities transaction in which the borrower was duped into executing documents that consituted the start of the securitization process, so it wasn't your typical purchase money first…[...]

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Tags: 10k, converting non-judicial to judicial, foreclosure offense, lis pendens, notice to trustee, rescission, SEC filings, usury
Posted in Eviction |

Take away a person's home and you strike a blow to their hearts. Movements like this will likely increase until real relief occurs for borrowers. So far, we have seen relief for investors, investment bankers, banks etc. --- anyone with big money and a lot of clout. But individuals, banded together, have far more clout --- financially and politically ---…[...]

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Tags: mortgage meltdown, social unrest
Posted in Eviction |

LIS PENDENS --- see usury, Temporary Restraining Order, Lawsuit, Burden of Proof (1) Latin for "a suit pending." The term may refer to any pending lawsuit. (2) A written notice that a lawsuit has been filed concerning real estate, involving either the title to the property or a claimed ownership interest in it. The notice is usually filed in the…[...]

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Tags: BOND, foreclosure defense, foreclosure offense, lis pendens, usury
Posted in Eviction |

They might have meant to do it and they might not have thought of it, but the effect of the funding created by The Federal Reserve that bailed out the investment banks so that the investment banks could bail out the investors in ABS certificates, is that the mortgages and notes are satisfied twice over and the borrowers have already…[...]

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Tags: ABS certificates, bailout, fair market value, Federal reserve, foreclosure defense, foreclosure offense
Posted in Eviction |