All of these adjectives describing securitization add up to one thing: the claims were false. For the most part none of the securitizations ever happened. And that means that the REMIC trusts never purchased the debt, note or mortgage. And THAT means the “servicer” claiming the right to administer a loan on behalf of the […]

Tags: Ally, deficient securitization, double blind fraud, REMIC TRUST, Sanders, TBTF, Trump
Posted in Corruption, discovery, securities fraud, Servicer |

Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual – Pre-Order NOW for an up to $150 discount LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Want to read more? Download entire introduction for the Attorney Workbook, Treatise & Practice Manual 2012 […]

Tags: Ally, andy schneggenburger, ARIZONA, arizona center for law in the public interest, atlanta housing association of neighborhood based developers, attorney general, attorneys general, Bank of America, CALIFORNIA, Citigroup, civil penalty, discretionary money, economic development, Enterprise Community Partners, entrepreneurs, federal housing secretary, foreclosure problem, general fund, GEORGIA, georgia's governor, housing aid, housing crash, Housing Settlement Money for Prisons, Illinois, Indiana, JP Morgan Chase, Lisa Madigan, Missouri, multistate settlement, nathan deal, prison lobby, private prison company, profiteers, relief to homeowners, Shaila Dewan, SHAUN DONOVAN, taxpayer dollars, Texas, Tom Horne, Virginia, Wall Street, Wells Fargo
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Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual – Pre-Order NOW for an up to $150 discount LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Want to read more? Download entire introduction for the Attorney Workbook, Treatise & Practice Manual 2012 […]

Tags: AG Biden, Ally, Ally Financial Inc., attorneys general, BAC, bank loan bundling, Bank of America Corp, Bank of New York Mellon Corp, BEAR STEARNS, Beau Biden, Bermuda, Beth Kaswan, Biden-Schneiderman, BK, bond trustees, bondholders, bundling of mortgage loans into securities, Catherine Cortez Masto, Citigroup Inc, common law, countrywide, credit default swaps, credit enhancements, DBK, DELAWARE, DEUTSCHE BANK, Eric Schneiderman, follow the money, foreclosure practices, GMAC, IMG Enterprises LLC, Internal revenue Code, investment banks, investors, investors suing banks, Isaac Gradman, JP Morgan Chase & Co, Justice Department, K&L Gates LLP, Laurence Platt, Master Servicer, missing promissory note, mortgage backed securities, mortgage default, mortgage securing terms of the note, mortgage settlement, nonexistent pool, note as evidence of debt, notes with defects, Oklahoma Police Pension and Retirement System, pension funds, Prospectus, REMIC, Renee Calabro, residential home borrowers, Rick Simon, Schniedermann AG, Scott + Scott LLP, Securities and Exchange Commission, securitization, shoddy foreclosures, Talcott Franklin, taxpayer bailout, Teri Charest, toxic loans, unsecured debt, US Bankcorp, Washington Mutual, Wells Fargo & Co, WFC, yield spread premium
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MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Unsound and Unsafe Processes and Practices in Residential Loans Editor’s note: Once again we have an administrative finding and an admission by the BIG 5 that their servicing and practices are both unsafe and unsound. These are fines, not restitution. The […]

Tags: 60 minutes, AHMSI, Ally, appraisal fraud, attorney general, auction fraud, BOA, Chris Koster, Citi, credit bids, DocX Indictment, foreclosure fraud, FORECLOSURE SETTLEMENT, foreclosures, forgery, housing market, housing prices, investors, JPM, linda green, LPS, Missouri, mortgage fruad, mortgages, Robo-Signing, settlement, strategic default, Wells Fargo
Posted in bubble, Corruption, Eviction, securities fraud |

GMAC foreclosure case may set anti-bank precedent Michael Riley, Bloomberg News Tuesday, November 9, 2010 When James Renfro had to stop making payments on his two-story fixer-upper in Parma, Ohio, a suburb of Cleveland, he triggered events that were supposed to result in the forced sale of his home. That Nov. 15 auction has been […]

Tags: Ally, GMAC, Ohio, Richard Cordray
Posted in bubble, Corruption, Eviction, securities fraud |

SERVICES YOU NEED From testimony in a Chase case, same as dozens of others I have seen —- Q. So if you didn’t review any books, records, and documents or computerized records, how is it that you had personal knowledge of all the matters contained therein? A. Well, I have personal knowledge that my staff […]

Tags: affidavits, Ally, damages, foreclosures, fraud, GMAC, personal knowledge, slander of title
Posted in bubble, Corruption, Eviction, evidence, expert witness, foreclosure mill, Modification, Motions, Pleading, securities fraud, Servicer |