Use of Professional Information Sources Bank Systems & Technology American Banker Community Banker Factiva Independent Banker Bank Technology News Banking Strategies Wall Street Journal/WSJ Online Law firm/consultant/association-provided newsletters ABA Banking Journal NewsEdge US Banker Lexis/Nexis Local associations publications Internally provided news feed Other; please specify — post on comments page

Tags: bankruptcy, borrowers, Chapter 13, disclosure, Federal reserve, foreclosure defense, foreclosure offense, Lender Liability, Mortgage, securitization, TILA audit, trustee
Posted in Corruption, Eviction, securities fraud |

December 23, 2008 Irregularity Uncovered at IndyMac   By EDMUND L. ANDREWS   WASHINGTON — Two months before IndyMac Bancorp collapsed in July, at a cost of $8.9 billion to taxpayers, a top federal banking regulator allowed the bank to backdate a capital infusion and gloss over its deepening problems, the Treasury Department’s independent investigator […]

Tags: audit, bankruptcy, credit crisis, disclosure, foreclosure defense, foreclosure offense, fraud, housing, lawyers, Lender Liability, Mortgage, mortgage meltdown, predatory lending, rescission, RESPA, RICO, securitization, TILA audit, trustee
Posted in bubble, Corruption, securities fraud |

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 |

madoffcomplaint madoff-and-the-rest-of-wall-street-after-receiving-17page-report-sec-does-nothing-same-withy-mortgage-meltdown DECEMBER 11, 2008, 7:08 P.M. ET Madoff Charged With Securities Fraud By AMIR EFRATI, TOM LAURICELLA and DIONNE SEARCEY Madoff.com Bernard Madoff Bernard L. Madoff, the founder of Bernard L. Madoff Investment Securities and a fixture of the Wall Street trading world for decades, was arrested Thursday morning by Federal Bureau of Investigation […]

Tags: bankruptcy, borrowers, disclosure, Eviction, foreclosure defense, foreclosure offense, fraud, Lender Liability, Mortgage, predatory lending, quiet title, rescission, RESPA, RICO, securitization, TILA audit, trustee
Posted in bubble, Corruption, Eviction, securities fraud |

OK it’s complicated. But I have distilled it down to a few sound bites that more or less captures the basic truth of why you don’t owe the money on that mortgage note, credit card, student loan, auto loan, furniture loan etc. Even small businesses might not owe their small business loans. There are exceptions […]

Tags: bankruptcy, borrower, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, Mortgage, 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 |

Businesswoman avoids eviction By Sandy Hodson | Staff Writer Friday, October 03, 2008 An Evans woman whose business dealings set off a series of foreclosures and bankruptcies fended off eviction from her own home Thursday — at least for now. storyPhotos(); U.S. Bankruptcy Court Judge Susan D. Barrett gave the local counsel for American Home […]

Tags: bankruptcy, chain of title, foreclosure defense, foreclosure offense
Posted in Eviction |

lehman-web-of-originators-servicers-and-depository-institutions Dear Neil; Good News, Pro Bono:  I have been contacted by a local law firm that is contemplating within the next several weeks to motion the Lehman Bankruptcy Courts to Appoint a Borrowers Committee for all borrowers who are otherwise unrepresentative in the Lehman Bankruptcy!  This is very good news! The law firm will […]

Tags: bankruptcy, Lehman, sale of assets, Tim Cotten
Posted in Eviction |

“THE EFFECT ON THE NATION, AND THE EFFECT ON THE NUMBER OF AMERICANS DIRECTLY AND PROFOUNDLY IMPACTED BY THIS FRAUD EXCEEDS THE REACH OF OSAMA BIN LADEN. THE PATRIOTIC THING TO DO IS TO CHALLENGE THE LENDERS, CHALLENGE THE TRUSTEES, CHALLENGE THE COURTS, CHALLENGE THE SHERIFF, CHALLENGE THE TITLE, CHALLENGE THE NOTE, CHALLENGE THE NOTE, […]

Tags: American, bankruptcy, BKR, five day notice, foreclosure defense, patriatism, sham foreclosure, TILA fraud
Posted in Eviction |

By Kevin McCoy, USA TODAY Mortgage lenders are abusing the bankruptcy court system by pursuing unjustified foreclosures against struggling homeowners, piling on questionable fees and misstating the amounts owed, witnesses alleged at a congressional hearing on Tuesday. The result is a systemic breakdown that increases foreclosures, raises the number of families losing their homes and […]

Tags: bankruptcy, foreclosure defense, foreclosure offense, Katherine Porter, questionable fees
Posted in Eviction |