MR. GEITNER, MR. SUMMERS AND OTHERS WHO ARE ON THE ECONOMIC TEAM DESERVE some CREDIT FOR BRINGING US BACK FROM AN ECONOMIC PRECIPICE THAT WOULD HAVE RESULTED IN A DEPRESSION FAR DEEPER AND LONGER THAN THE GREAT DEPRESSION. AND THEY SHOULD BE CUT SOME SLACK BECAUSE THEY WERE HANDED A PLATE ON WHICH THE ECONOMY […]

Tags: bailout, credit, economic team, financial reform, foreclosures, Geitner, Summers, Volker
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s Note: OK if you exclude that small matter of a $182 billion dollar loss, they made a profit. Other than that Mrs. Lincoln, how did you like the play? It is absurd to allow this kind of reporting. Ever since they started monkeying around with reporting standards in the 1960’s, things like this have […]

Tags: AIG, American International Group, bailout, borrower, disclosure, foreclosure defense, foreclosure offense, fraud, securitization, trustee
Posted in bubble, Corruption, Eviction, securities fraud |

Also submitted by: mortgagefrauds@aol.com Editor’s Note: For those who are dubious about the legal positions and theories suggested in this blog, this case will be at least somewhat instructive. It is not just a technicality. It is reality. Nobody on the lender’s side can actually trace your note and mortgage to the real party in […]

Tags: affidavit, asset backed notes, bailout, borrower, collusion, disclosure, evidence, foreclosure defense, foreclosure offense, fraud, HSBC, Indenture trustee, New York, personal knowledge, real property actions, securitization, shack, valentin
Posted in bubble, Corruption, Eviction, securities fraud |

By Greg Gordon, McClatchy Newspapers Greg Gordon, Mcclatchy Newspapers Mon Nov 2, 6:00 am ET SAN JOSE, Calif. — When California wildfires ruined their jewelry business, Tony Becker and his wife fell months behind on their mortgage payments and experienced firsthand the perils of subprime mortgages. The couple wound up in a desperate, six-year fight […]

Tags: bailout, borrower, disclosure, Federal reserve, foreclosure defense, foreclosure offense, Goldman Sachs, Lender Liability, mortgage meltdown, predatory lending, quiet title, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

Sometime back in the early Spring and Summer of this year, I had a series of meetings with Arizona officials from the legislative and executive branch right up to the top, an Alabama Class Action firm of some repute, and telephone conversations with the U.S. Attorney, and several other class action attorneys researching “relater” and […]

Tags: bailout, borrower, disclosure, foreclosure defense, foreclosure offense, fraud, inflation, Lender Liability, lost note, mortgage meltdown, quiet title, rescission, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

We end up listening to information, not evidence, from lawyers who are not sworn in as witnesses, as to matters that are totally outside their scope of knowledge. And then we end up arguing over giving title to a party who admittedly doesn’t have one dime committed to the transaction and who stands to lose […]

Tags: bailout, borrower, disclosure, foreclosure defense, foreclosure offense, Lender Liability, securitization, trustee
Posted in bubble, Corruption, Eviction, securities fraud |

Wall Street was not responding to legitimate consumer demand, it was creating an artificial demand simply to create mortgage product to feed its securitization machine and generate big fees for itself. Comment from Reader: “MERS and the Pretender Lenders are seeking the courts to credit them with a touchdown despite the obvious fact that they […]

Tags: bailout, borrower, disclosure, foreclosure defense, foreclosure offense, fraud, housing, inflation, Lender Liability, mortgage meltdown, predatory lending, securitization
Posted in bubble, Eviction |

Thanks to Deontos: Editor’s Note: The logic is simple, basic and the law is old, accepted and “black letter.” No new law is needed to overturn all the foreclosures since 2001, no fancy footwork is required to throw the bums out of court and sue them for the damage they created when they filed false […]

Tags: bailout, bankruptcy, borrower, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, mortgage meltdown, predatory lending, rescission, RESPA, RICO, securitization, trustee
Posted in bubble, Eviction |

Editor’s Note: From Home, to Car to Shelter. It’s a common story and a tragedy. But if that is a tragedy then where is the outrage when we add the component that she was probably wrongly dispossessed, that she probably still owns her house and that if she had proper legal representation in a court […]

Tags: bailout, bankruptcy, borrower, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, mortgage meltdown, predatory lending, rescission, securitization, trustee
Posted in bubble, Eviction |

Editor’s Note: Anyone who underestimates the importance of Judge Long’s decision in Massachusetts and the combined effect with the Kansas and Arkansas Supreme Court decisions does so at their peril. Lawyers wake up! You are not just missing an opportunity, you are missing an important piece of due diligence that makes you vulnerable to claims […]

Tags: bailout, bankruptcy, borrower, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, Mortgage, rescission, securitization, trustee
Posted in bubble, Eviction |