Archives by Tag ' 60 minutes '
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Editor’s Comment: This reminds me of what we did in the 1980’s for “asset protection” in which we had a limited partnership as the general partner of a limited partnership which was the general partner of a limited partnership — with […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Just How Relevant is the Multi-State Settlement? Editor’s Comment: There are jokes going around about how you can’t fix stupid. We should add that you can’t fix title either unless you throw out hundreds of years of law and market expectations. […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Editor’s Comment: The only thing I would add to this article is the LAW. The law is that the responsibility for the viability of a mortgage is that of the lender, not the borrower, and that is simply because these transactions […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 See Full Indictment: Microsoft-Word-DOCXIndictment.docx_ “Defendant, acting knowingly in concert with its employees, with the purpose to defraud, used as genuine or transferred with the knowledge or belief that it would be used as genuine, a writing, namely Deed of Release number […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 FIREDOGLAKE.COM by David Dayen, report-massachusetts-nevada-would-have-to-give-up-foreclosure-fraud-suits-to-join-deal We learned on Friday that Eric Schneiderman’s suit against MERS and three banks using MERS represented a carve-out on the final foreclosure fraud settlement. There was speculation, stoked by HUD Secretary Shaun Donovan, that other states […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 by Ken Dost The standard language in a Fannie Mae and Freddie Mac Uniform Security Instrument or more commonly known as the ‘Deed of Trust’ that millions upon millions of people signed contains the following: “MERS” is Mortgage Electronic Registration Systems, […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S ANALYSIS: The race is on. Homeowners are sitting on an asset — their signature — that has gone up in value 35X thus far from $1,000 to $35,000. The REAL STORY is that the Banks and servicers need to find […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 136 Count Indictment EDITOR’S COMMENT: At least one Attorney General has seen the light, bringing in an indictment for forgery against DOCx, LPS, and individuals in management, citing the simple statement from an $11 per hour employee that the scope of […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CLEVELAND DEMOLISHES 1,000 FORECLOSED HOMES, 20,000 MORE SCHEDULED Rokakis: “Very often a bank will take a property to the point of foreclosure, but won’t go to the sheriff’s sale, ’cause they don’t want that property. They don’t want the responsibility of the $8-$10,000 […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: 60 minutes staff easily found the key witnesses for prosecution of criminal and civil cases against Countrywide and Citi. Why haven’t the prosecutions taken place? And even more interesting is why have these witnesses not been interviewed — like the executive […]
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