In a statement shortly after he sued JPMorgan Chase, Mr. Schneiderman [Attorney general, New York state] said the lawsuit was a template “for future actions against issuers of residential mortgage-backed securities that defrauded investors and cost millions of Americans their homes.” CHECK OUT OUR EXTENDED DECEMBER SPECIAL! What’s the Next Step? Consult with Neil Garfield […]

Tags: Bear Sterns, cooking the books, DEXIA, Eric T. Schneiderman, fraud against homeowners, fraud against investors, interest rates, JP Morgan Chase, Libor, principal, residential mortgage-backed securities, TARP, WAMU
Posted in bubble, Corruption, Eviction, securities fraud |

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment:  The pernicious effect of the banks and the difficulty of regulating them across transnational and state borders has led to a growing nightmare that history will repeat itself sooner than later. This is to rocket science — it […]

Tags: Bank of America, Bear Sterns, borrower, Dodd-Frank, FDIC, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, Goldman Sachs, housing market, International Monetary Fund, Jamie Dimon, Jerry Dubrowksi, JPMorgan, Lender Liability, Mortgage, mortgage aggregator, mortgage fruad, mortgages, Occupy wall Street, predatory lending, TBTF, tier 2 YSP, Timothy Geithner, too big to fail, trading paper, Troubled Asset Relief Program, Wells Fargo
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary New Questions Raised in Mortgage Financing EDITOR’S COMMENT: I worked on Wall Street and I was an investment banker. I know the mentality. If money is sitting there, they will take it and worry about it later. This article is the tip of the iceberg […]

Tags: AMbac, Bear Sterns, DEUTSCHE BANK, JPMorgan Chase, Lehman Brothers
Posted in bubble, Corruption, Eviction, securities fraud |