Representative Debbie McCune-Davis To Address Blomberg Meeting 9/20

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Good Day Strategists’

UPCOMING GUEST:

Representative Debbie McCune-Davis will be with us tomorrow evening, September 20th. Representative McCune-Davis will be sharing the importance of making a diligent legislative effort to hold the foreclosing entities accountable to the law and how you can contribute to that effort. This will be an excellent opportunity to ask questions of a legislative member of the Arizona house.  Representative McCune-Davis was very helpful to me last year in efforts to support SB1259. (and the Seel amendment to SB 1474)

Please help spread the word and invite as many homeowners as you can.

Our legislative efforts are going to be more important than ever this legislative season.  Your participation will make a difference.

Martin Andelman is planning to join us but his funds are limited which may curtail his trip to be with us.  (See below)

SPECIAL NOTE:
Dan Earl will be heading up some legislative activities.  He’s agreed to give us a quick update at this Tuesday’s meeting.

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OBSERVATION ABOUT BofA’s POSSIBLITLY OF BANKRUPTING COUNTRYWIDE:

I find it very interesting that BofA’s Brian Moynihan is considering bankrupting Countrywide to “cap BofA’s mortgage-related losses.”

What I find interesting is that Countrywide has not filed a Notice of Trustee’s Sale in Maricopa County in over THREE years.  (The last one recorded in Countrywide’s name was recorded on September 11, 2008!  Here’s the link: http://156.42.40.50/UnOfficialDocs/pdf/20080789954.pdf.)  I have to ask, which loans are a problem if Countrywide hasn’t noticed a (Maricopa County) sale in over three years.  Three years without a notice of sale shows an extraordinary track record of performing loans under Countrywide’s purview.  If that is indeed the case, bankrupting Countrywide seems unreasonable and pointless.

The question is: If bankrupting Countrywide will alleviate BofA’s challenges with respect to these loans, how is it that BofA is foreclosing on all of those loans if indeed BofA doesn’t own them?  How is it that so many homeowners with Countrywide listed as their (pretender) lender are being foreclosed on by one of the BofA entities?  What relief could BofA derive from the bankruptcy of Countywide if Countrywide is alleged to own none of the loans that have been noticed for a Trustee’s Sale since September 10, 2008?

Does BofA own (and enjoy the right to foreclose) these loans or does Countrywide?  Could it be that BofA is using false and forged documents to mislead homeowners and the courts to facilitate the pilfering of homes without the proper authority to foreclose?

You can’t have it both ways Mr. Moynihan!

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UPDATE ABOUT TRIP TO TUCSON

There will be no coordinated trip to Tucson for the Arizona Supreme Court Oral Arguments for the Certified Questions from Judge Hollowell’s BK Court.  It seems that the opportunity for seating was opened up to parties in interest and the law students at UofA.  That quickly filled the Ares Auditorium and the video-feed overflow room.  The proceedings will be available on line.  You should be able to find the link on this page as the proceedings start:  http://apps.supremecourt.az.gov/aacc/asc/ascweb.htm.

Tags: bankruptcy, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, LOAN MODIFICATION, modification, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |