By Gail Liberman and Alan LavineLast update: 7:33 p.m. EST March 5, 2008PALM BEACH GARDENS, Fla. (MarketWatch) -- Get out an extra-powerful magnifying glass if you're trying to learn what fees you'll be charged once you open a checking or savings account.A U.S. Government Accountability Office report released this week says getting this information could prove tough. Reason: Consumers are…[...]

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Tags: accounts, bank, disclosures, fees
Posted in bubble, Eviction |

The problem for homeowners is that however many ideas are put forward they won't be effective in time to save most people, they won't be in time to save the economy, and they won't be in time to save our currency from further wrenching devaluation. It is the fierce urgency of now that cannot even wait to the election or…[...]

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Tags: civil procedure, foreclosure defense, lawyers, mediation, Supreme Court
Posted in bubble, Eviction |

[Code of Federal Regulations][Title 12, Volume 3][Revised as of January 1, 2007]From the U.S. Government Printing Office via GPO Access[CITE: 12CFR226.4][Page 269-271]                        TITLE 12--BANKS AND BANKING                    CHAPTER II--FEDERAL RESERVE SYSTEM PART 226_TRUTH IN LENDING (REGULATION Z)--Table of Contents            …[...]

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Tags: actual charges versus disclosure, Disclosure versus actual documentation, TIL, Truth in Lending Act
Posted in bubble, Eviction, securities fraud |

Here is where you can make some headway and push back against the lender. Taken from Bankersonline.com. Show this to your attorney but make absolutely certain he/she knows about this or the mistakes mentioned in the article will be repeated. respa-permitted-fees We have names of attorneys and auditors who do this for a living.  ACTION AUDIT Regulation Z: Checking APRs…[...]

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Tags: audit, TIL, truth in lending
Posted in bubble, Eviction, securities fraud |

Question the fees, and demand proof that they own the mortgage. If they don't they might not have the right to collect from you. They have to show a proper assignment, not just tell you about it. If they don't have the right to collect it because they sold it someone else, then they might not have the right to…[...]

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Tags: foreclosure defense, mortgage meltdown
Posted in bubble, Eviction |

What we know is that nothing constructive is happening now, the usual ideological gridlock is preventing progress, and that the curiosity about a brilliant new face might just get the right people to the right table at the right time.  Bernanke is completely right that the ONLY way out of this mess is not throwing more money at it, further damaging…[...]

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Tags: Bernanke, Bush, Clinton, executive leadership, McCain, mortgage balance, Paulson
Posted in bubble, Eviction |

Here is Martin Wolf's column: Martin WolfAmerica’s economy risks mother of all meltdownsFebruary 20, 2008, Financial TimesRecently, Professor Roubini’s scenarios have been dire enough to make the flesh creep. But his thinking deserves to be taken seriously. He first predicted a US recession in July 2006*. At that time, his view was extremely controversial. It is so no longer. Now he…[...]

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Tags: credit crisis, defaults, financial disaster, roubini
Posted in bubble, Corruption, Eviction, securities fraud |

Obama’s message of inclusion and practicality presents a fresh face and a valid approach. He seeks commonality rather than differences and guides the process toward a consensus rather than either force-feeding poorly vetted solutions or stonewalling perfectly workable solutions. Neither his presence nor his approach create knee jerk ideological objections in most circles. He presents an opportunity that might not…[...]

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Tags: economics, free market, risk analysis
Posted in bubble, Eviction, securities fraud |

The continuing decline of the U.S. dollar will only hurt you if you are holding U.S. dollars --- NOT so much if you are holding real estate  --- i.e, your home. Before you go overboard in panic mode, consider this, and hope.... The mortgage meltdown free money craze may have pulled the trigger, but the gun was decades of profligate spending…[...]

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Tags: foreign exchange, funny money, housing prices, inflation, mortgage meltdown, negative equity, recession
Posted in bubble, Eviction, securities fraud |

It isn't coming. Practicality is being trumped by ideology and politics. Help will not arrive in time to help you. You must help yourself. Whether you have a lawyer to help or not, you need to aggressively defend, refuse to cooperate and demand judicial fairness. If you all pile into the court system, the court system will not have the…[...]

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Tags: Barney Frank, clerks, discovery, foreclosure, foreclosure defense, judges, judicial, mortgage audit, RICO
Posted in bubble, Eviction, securities fraud |