COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary REQUIRED READING 2.24.2011 Chase -Allstate-Complaint JUST LOOKING AT THE TABLE OF CONTENT WILL TELL YOU WHAT YOU NEED TO KNOW NATURE OF ACTION …………………………………………………………………………………………………….1 PARTIES ………………………………………………………………………………………………………………………..7 JURISDICTION AND VENUE ……………………………………………………………………………………….16 BACKGROUND ……………………………………………………………………………………………………………17 A.    THE MECHANICS OF MORTGAGE SECURITIZATION …………………………………….17 B.    SECURITIZATION OF MORTGAGE LOANS: THE […]

Tags: allstate, BEAR STEARNS, countrywide, fraud, FREMONT, Greenpoint, JP Morgan Chase, JPMORTGAN, Long beach, Option One, PHH, securitization, underwriting, WAMU
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COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “Allstate alleges that between March 2005 and June 2007, as it was buying the securities, Countrywide “abandoned its underwriting standards, misrepresented crucial information about the underlying mortgage loans and concealed material facts” from the insurer, it said in a statement.” EDITOR’S COMMENT: If the note […]

Tags: allstate, Bank of America, BOA, countrywide
Posted in bubble, Corruption, Eviction, securities fraud |