Archives by Tag ' bankruptcy '
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE STATED INCOME, STATED ASSETS (SISA) NO DOC ASSETS AND INCOME FOR THE BANKS: AS FALSE AS IT ALWAYS WAS EDITOR’S COMMENT: DICK DURBIN said it when the democratically controlled senate and house refused to even inquire about the real nature of the securitization illusion — “The […]
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE BANKS LOOKING TO NY FED FOR PROTECTION EDITOR’S NOTE: Maybe this will wipe that arrogant smirk off their faces. Again the investigations are renewed after it seemed they were giving up. Just as the financial regulatory agencies followed up an SEC settlement with Goldman, they all, […]
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Now they are trying it again, with the help of the NY FED. The characterization of the loan models as “originate and distribute” gives the impression that the loans were underwritten first and then distributed pursuant to a securitization plan. They are again retreating to complexity […]
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE We are receiving reports that BAC is sending out letters declaring that they are transferring loans from BAC or Bank of America, the parent company as of July 1, 2011. The question is why? It seems that BOA is starting to realize the title problems inherent […]
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Bank PlayBook: Whatever it Takes to Foreclose EDITOR’S NOTE: Despite the recent obvious NY Fed attempt to thwart disclosure of the truth about the obligations,, notes, mortgages and mortgage bonds, the lie we have been living on Wall Street is unravelling. It is becoming exquisitely obvious […]
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE In re: MARIA RENEE BALDERRAMA, Chapter 7, Debtor. CARLA P. MUSSELMAN, as Chapter 7, Trustee, Plaintiff, v. DEUTSCHE BANK TRUST COMPANY AMERICAS, in trust for Residential Accredit Loans, Inc. Mortgage Asset-Backed Pass-Through Certificates, Series 2007-QH5, Defendant. Case No. 6:10-bk-07828-KSJ, Adv. Pro. No. 6:10-ap-00245-KSJ. United States Bankruptcy […]
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: When you actually READ the securitization documents, you will find, as I did, that all of them are quite disingenuous. They mislead the casual reader and even some careful readers who don’t understand what is actually being said. The prospectus says the investor is […]
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Mary Cochrane with her endless research provides an in depth look at the subsidiaries of Wells Fargo below. The point here is that you should be following the money rather than concentrating on the chain of documents. If you follow the money, then you […]
Here is example of a Real Mortgage Pass Through Security in 1997 before MERS. MASTER SERVICER OCWEN BANK FSB Wholly Owned subsidiary Ocwen Financial Corporation is market leader in the Non-Performing Mortgage Loan Acquisition Business. See the language – real laws acknowledged and followed? Cut/Pasted 1/28/98 Salomon Bros Mort Sec VII…Hud-1 15-15D Registrant Salomon Bros […]
MortgageIt (don’t let the name fool you to how egregious the transactions are) and intent! Subsidiary of MortgageIt Holdings, Inc. (New York State business entities). Notice Jurisdiction ‘Maryland’ so in Federal Reserve Report there is no ‘Mortgage It’ 12/31/2006 but there is a note below on DB Mortgage as related to closings of MortgageIT and […]


