WHAT’S IN A NAME: WHY THE WORDS “ASSET BACKED SECURITIES” IN THE PLAINTIFF’S NAME OF A FORECLOSURE CASE SHOULD MAKE YOU DIG In view of the fact that the bulk of mortgages, especially those created in connection with refinance and home equity lines which were initiated between 2002 and 2007, were only a small cog […]

Tags: AGGREGATOR, asset backed securities, borrower, fraud, HELOC, LOAN APPLICATION, LOAN ASSIGNMENT, Mortgage, MORTGAGE BROKER, TEASER RATE, trustee
Posted in Eviction |

When was the last time you heard of a crowd of debt-ridden consumers cornering the finance market and playing with the economy at their leisure? THE WALL STREET GENIUSES HAD CREATED THIS MONSTER AND THE ONE ENTITY THAT WAS SUPPOSED TO HAVE THE VANTAGE POINT OF SEEING THE BIG PICTURE AND THE NEED TO REIN […]

Tags: appraisers, asset backed securities, CONSUMERS, Federal reserve, foreclosure defense, GREENSPAN, mortgage brokers, Paulson, REMIC, VICTIMS
Posted in Eviction |

The latest change in Fed policy sounds good. You get that warm fuzzy feeling that credit will loosen up and that things are getting better. But the fact remains, that this is ANOTHER transfer of the power to create money to the PRIVATE sector, it is another green light for PRIVATE TAXATION, and worst of […]

Tags: asset backed securities, banking, Federal reserve, inflation, money, private taxation, TAF, transfer of wealth
Posted in bubble, Corruption |