SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ WHY? BECAUSE THEY WANT A FREE HOUSE — THE BANKS, THAT IS — NOT THE BORROWERS ADMINISTRATION FAILS TO ENFORCE FAILING MODIFICATION PROGRAM: WHOSE COUNTRY IS THIS ANYWAY? Barofsky: HOW TARP FAILED HOMEOWNERS SINGLE TRANSACTION THEORY CORROBORATED: INVESTOR-HOMEOWNER DEAL “The court is […]

Tags: asset-backed certificates series 2006-EC2, BAC, Bank of America, Bear Stearns Asset Backed Securities I LLC, borrower, creditor, disclosure, EMC Mortgage Co, Encore Credit Corp, foreclosure defense, foreclosure offense, fraud, Lender Liability, Mortgage Electronic registration Systems, predatory lending, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ LAWYERS CONSIDER NAMING INDIVIDUAL EXECUTIVES AS DEFENDANTS IN DAMAGE SUITS FOR HOMEOWNERS “the Federal Reserve purchased almost all the mortgage securities issued by Fannie and Freddie in 2009.” EDITORIAL COMMENT: Has anybody asked exactly what Fannie, Freddie and Ginny […]

Tags: bailout, Bank of America, bankruptcy, borrower, disclosure, Fannie and Freddie, foreclosure, foreclosure defense, foreclosure offense, fraud, GRETCHEN MORGENSON, Lender Liability, predatory lending, rescission, securitization, TARP, Troubled Asset Relief Program
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ EDITORIAL COMMENT: Conservatives don’t conserve anything and liberals are not liberating anyone. Regulators don’t regulate, and congress isn’t passing laws that make any sense. Policy makers are getting their orders from Wall Street instead of originating the policy decisions. […]

Tags: Andrew Mellon, bailout, Bank of America, borrower, credit crisis, disclosure, foreclosure, fraud, Herbert Hoover, Lender Liability, MERS, Ny Times, PAUL KRUGMAN, Ponzi, predatory lending, rescission, Treasury secretary, unemployment
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ “The banks’ strategy is to run the clock,” a Georgetown University law professor, Adam Levitin, said. “The chances of a settlement that meaningfully reforms mortgage servicing and makes the banks pay an appropriate price for illegal conduct are rapidly […]

Tags: bailout, Bank of America, bankruptcy, borrower, credit crisis, disclosure, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, fraud, LEVITIN, modification, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION REPORT AT www.LUMINAQ.com WHY? BECAUSE THEY WANT A FREE HOUSE — THE BANKS, THAT IS — NOT THE BORROWERS ADMINISTRATION FAILS TO ENFORCE FAILING MODIFICATION PROGRAM: WHOSE COUNTRY IS THIS ANYWAY? Barofsky: HOW TARP FAILED HOMEOWNERS EDITOR’S COMMENT: The Federal Reserve is a hazy system whose ownership […]

Tags: bailout, Bank of America, borrower, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, MERS, predatory lending, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “The act’s emphasis on preserving homeownership was particularly vital to passage. Congress was told that TARP would be used to purchase up to $700 billion of mortgages, and, to obtain the necessary votes, Treasury promised that it would modify those mortgages to assist struggling homeowners. Indeed, the act expressly […]

Tags: bailout, Bank of America, Barofsky, borrower, congress, credit crisis, creditor, disclosure, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, fraud, homeownership, rescission, RICO, securitization, TARP
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How Unemployment Is Dragging Down The Housing Market The Huffington Post Lila Shapiro  First Posted: 03/25/11 02:35 PM Updated: 03/25/11 02:35 PM Although the United States population has grown by 120 million people in the past fifty-odd years, today’s new homes are selling at just half the pace they were in 1963. Home sales are being […]

Tags: Bank of America, Ben Bernanke, Business News, Economists, Global Economic Trend, housing market, Labor Force, recession, Underemployment, Unemployment Market, UNITED STATES
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Posted on March 23, 2011 by Foreclosureblues The Market Ticker – Oh Look, Handcuffs! Real Ones…. Yesterday, March 22, 2011, 2:07:00 PM | genesis Now this is a change…. Former FirstCity Bank executives Mark A. Conner, 44, and Clayton A. Coe, 41, each face conspiracy and bank fraud charges, the U.S. Attorney’s Office said in […]

Tags: bailout, Bank of America, borrower, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, Mortgage, predatory lending, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Editorial Comment: His bank reports a loss of over $10 billion when we know there is at least contingent liability for 100 times more than that, and Moynihan at Bank of America is getting paid MORE. I suppose it makes sense from a bean-counter perspective — for having dodged […]

Tags: Bank of America, Moynihan
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COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ see 10-lies-we-live-by-and-should-stop-believing-if-we-want-this-to-stop NOTABLE QUOTES: “ONE crucial reason the nation’s mortgage industry ran itself — and the entire nation — off the rails was its obsession with speed. Mortgages had to be approved chop-chop, loans pooled instantly. When it came to foreclosure, well, the quicker the better.” […]

Tags: Bank of America, countrywide, HELOC, Masto, mortgage industry, SECOND MORTGAGE, Terry Goddard, Tom Miller
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