IF YOU ARE TAKING YOUR LENDER BANK TO COURT OR VICA VERSA, HERE IS MORE FUEL TO THROW ON THE FIRE --- THEY EVEN LIED TO OTHER BANKS --- INTENTIONALLY SO THEY WOULDN'T APPEAR DESPERATE FOR MONEY.  The Mysteries of Libor And Other Revelations...   THERE CAN BE NO DOUBT THAT THE FINANCIAL SYSTEM IS BASED 100% ON TRUST AND…[...]

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Tags: foreclosure defense, INTERBANK LENDING, Libor, mortgage meltdown
Posted in bubble, Corruption, Eviction, securities fraud |

IT ALL COMES DOWN TO THIS: LENDERS DIDN'T CARE ABOUT THE QUALITY OF THE LOAN OR THE IMPACT ON BORROWERS OR INVESTORS (INCLUDING THEIR OWN SHAREHOLDERS). THEY WERE PREPARED TO FALSIFY ANYTHING AND USE ANY MISREPRESENTATION OR PRESSURE TACTIC THEY COULD TO GET THE LOAN SOLD AND THE BORROWER TO SIGN. THEY PRETENDED THEY HAD NO RISK BECAUSE THEY INTENDED…[...]

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Tags: AMbac, countrywide, foreclosure defense, GE, General Electric, lender fraud, Lender Liability, lender misrepresentation, MBIA, mortgage meltdown lawsuits, New Century Financial Corp, PMI Group, Redwood Trust, RESPA, TILA audit, WMC Mortgage
Posted in bubble, Corruption, Eviction, securities fraud |

If ANYTHING demonstrates the disgrace of our financial institutions, it is certainly this: Foreclosures in Military Towns Surge at Four Times U.S. Rate  By Kathleen M. Howley May 27 (Bloomberg) -- U.S. Air Force Technical Sergeant Jeffrey VerSteegh, who repairs F-16 jets for the 132nd Fighter Wing, departed Des Moines, Iowa, in April for his third tour in Iraq. The father of four…[...]

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Tags: Camp Pendleton Marine Corps Base, Marine Corps, Marine Corps Air Station Cherry Point, military foreclosures, Norfolk Naval Base
Posted in bubble, Eviction |

There are plenty of people in the mortgage meltdown crisis, just like in a natural catastrophe who completely lack conscience or morality and who will tell you want you want to hear. Check it out, get references and if you are not sure of them, skip the "opportunity." Real Estate Foreclosure Scams Lurking In Your Neighborhood Matt Woolsey 05.23.08, 4:00 PM…[...]

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Tags: credit crisis, Foreclosure scams, mortgage meltdown
Posted in bubble, Eviction |

  Privatization: Selling Out America GAO Report Details Many Abuses of Government Trust See report on how to privatize (outsource) government functions at  http://www.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=gao&docid=f:gg97048.txt   Many of my readers have been asking about PRIVATE TAXATION: Private “taxation” is the charging of fees by a private entity for public services that have historically been provided by government. The reason they were…[...]

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Tags: GAO, GAO Report, infrastructure, OUTSOURCING, prisons, private taxation, PRIVATIZING, war on drugs
Posted in Eviction |

While you might be thinking it couldn't happen to better people, bank failures are not good for you or anyone else in the economy, as a general rule. But, on the other hand, it is quite possible that in the crush of failures expected in 2008-2011, that loan you have on your house, car, boat or anything else might fall…[...]

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Tags: bank failures, Cassidy Ratio, CFC, CNB, CORS, EWBC, FDIC, foreclosure defense, IMB, NCC, RBC, STSA, Texas Ratio, UCBH
Posted in bubble, Eviction |

New comment on your post #168 "Foreclosure Defense: Cash for Keys Offer and TILA Defenses" Comment:  Can a mortgage be voided or canceled if the contracts, promissory note, deed of trust, TILA and RESPA disclosures and remedies were not produced in the native language of the purchaser or owner, e.g. Spanish? vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvv Part of the pernicious scheme hatched on Wall…[...]

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Tags: attorney malpractice, cash for keys, disclosure, language, RESPA, RICO, Spanish, TILA audit
Posted in bubble, Eviction |

Besides all of the strategies we are collecting for you here, there are some monetary resources you could consider. Things like reverse mortgages are not likely to yield you anything if you are in trouble because you needs lots of equity to get into those. But there are private lenders and peer to peer lending groups that are getting more…[...]

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Tags: Department of Veterans Administration, Fannie MAe, Federal Housing Administration, foreclosure defense, Freddie Mac, mortgage defaults, mortgage meltdown, mortgage securitization, peer to peer lending, private ledning, reverse mortgages, subprime loans
Posted in bubble, Corruption, Eviction |

ECONOMICS: How Economists downplay substitution on the supply side, and discount American Innovation, American Ingenuity and American Temerity. Bad policy from flawed measurements. Flawed Measurements from biased, agenda-based ideology. "The central problem confronting the new President is not the political issues of conflicting ideology nor the "choices" presented by well-intentioned economists; the real issue is leadership in seeing what economists…[...]

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Tags: auto-making, cars, corn, economics, electric cars, ethanol, fair rate of return, Phoneix Motor Cars, solar panels, wheat
Posted in bubble, Corruption, Eviction, securities fraud |

The Federal Truth in Lending Act: What You Don’t Know Can Hurt You Pamela D. Simmons Introduction Ten years ago, I represented the borrower in a case that stemmed from a title company’s failure to secure a loan on all of the borrower’s land. (The title company had listed only one of several parcels of land and the lender was…[...]

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Tags: foreclosure defense, mortgage audit, rescission, right of rescission, TILA, TILA audit, truth in lending
Posted in Eviction |