Some time ago we mentioned on these pages that the auditors who certified the financial statements (KPMG, here) would come under intense scutiny simply because they MUST have known, by simple common sense, that the economics of mortgage lending had been turned on its head. The worse the loan quality the more they made leaving […]

Tags: audit, bankruptcy, borrower, Chapter 13, countrywide, disclosure, Eviction, foreclosure defense, foreclosure offense, fraud, housing, Lender Liability, Mortgage, predatory lending, rescission, RICO, securitization, TILA, TILA audit, trustee
Posted in Uncategorized |

Ohio AG Files Suit Against Loan Modification Firm For Violations Of State Consumer Statutes; Homeowners Clipped For Upfront Fees Averaging $650 From the Ohio Attorney General’s Office: The Ohio Attorney General filed a lawsuit [last Friday] to stop a foreclosure rescue business from continuing to victimize consumers throughout the state. The lawsuit, filed in the […]

Tags: audit, borrower, disclosure, foreclosure defense, foreclosure offense
Posted in Corruption, Eviction, securities fraud |

ohio-ag-files-suit-against-loan-mod-predator-be-careful The answer to your question is YES we have lawyers and the list grows every week. You can start with the “Lawyers Who Get it” at www.livinglies.wordpress.com. If you still have trouble then contact us again. In the meanwhile, allow me to point out that the process of defending your property is intimidating to […]

Tags: audit, borrower, Chapter 13, disclosure, Eviction, Federal reserve, foreclosure defense, foreclosure offense, fraud, inflation, lawyers, lender, Lender Liability, lost note, Mortgage, quiet title, rescission, RESPA, RICO, securitization, TILA audit, trustee
Posted in bubble, Corruption, Eviction, securities fraud |

Kevin Lamson Said, So can anyone guess the name of “organization” that was formed by Countrywide’s, Anthony Mazillo and Fannie Mae’s, James Johnson ten years ago it start with an M? No not the Mafia. It’s Mortgage Electronic Registration Systems Inc. commonly referred to as MERS. Yes that’s right Countrywide and Fannie Mae were the […]

Tags: audit, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, mortgage meltdown, rescission, securitization, TILA
Posted in bubble, Corruption, Eviction, securities fraud |

Report: New Century’s GC Warned Managers of Subprime Danger Sue Reisinger Corporate Counsel March 31, 2008 Listening to its general counsel might well have saved New Century Financial Corp., once the nation’s second-largest subprime mortgage lender, from plunging into bankruptcy a year ago. That’s one lesson from a 581-page report filed Wednesday by Michael Missal.A […]

Tags: audit, bankruptcy, borrower, credit crisis, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, mortgage meltdown, rescission, RESPA, RICO, TILA
Posted in bubble, Corruption, Eviction, securities fraud |

STRAIGHT OFF THE NET THANKS TO READER ALLON HILL IS THE NAME OF THIS PARTICULAR COMPANY. I’M SURE THERE ARE DOZENS OF OTHERS. Assignment Recording Residential or commercial, Agency or private delivery, Allon Hill offers a complete menu of mortgage assignment services. In the past 14 years, Allon Hill has prepared and recorded over 5 […]

Tags: audit, borrower, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, lost note, predatory lending, quiet title, rescission, RESPA, RICO, securitization, TILA
Posted in bubble, Corruption, Eviction, securities fraud |

For the most part they are operating either illegally or unethically but there are an increasing number of firms that are playing by the rules and actually helping their clients. beware-of-credit-repair-firms-but-dont-throw-the-baby-out-with-the-bathwater DISCLOSURE: I must disclose both an agenda and an interest here. Having been disappointed by the results or conduct of many supposed “audit” or […]

Tags: audit, CREDIT REPAIR, evaluation, mortgage modification, tile
Posted in Eviction |

The start of every case, as I see it, is the collection of facts and documents, so that a complete mortgage evaluation and status report can be prepared by an independent third party who can serve as an expert witness if the need arises. The current “cottage industry” of TILA audits is insufficient but a […]

Tags: audit, foreclosure defense, foreclosure offense, lawyers, TILA
Posted in bubble, Eviction |

Wherever possible we are in favor of getting a mortgage audit, review, evaluation and initial letters sent out as part of a single package before or at the same time that you hire a local licensed attorney. We are having something of a challenge getting people who do “audits” to conform to the checklist of […]

Tags: audit, foreclosure defense, foreclosure offense, rescission, three-day rescission
Posted in Eviction |

“If you don’t read the newspaper you are uninformed, if you do read the newspaper you are misinformed.” Mark Twain Pitfalls and advice for consumers and homeowners: Don’t believe what you read in the newspapers or hear on TV. Reporters are just as lazy as lawyers and everyone else. They don’t know much about economics, […]

Tags: adversary proceeding, audit, borrowers, contingent liability, foreclosure, homeowners, lender authority, lenders, Mark Twain, quiet title, TILA
Posted in bubble, Corruption, Eviction, securities fraud |