Archives by Tag ' borrower '
Dec 22, 2008

Plaintiff Knuckles & Komosinski, PC Tarrytown NY Defendants No Defendant(s) Arthur M. Schack, J. Plaintiff’s application for a judgment of foreclosure and sale for the premises located at 78 Van Siclen Avenue, Brooklyn, New York (Block 3932, Lot 45, County of Kings) is denied without prejudice. Plaintiff Deutsche Bank National Trust Company (Deutsche Bank), a […]

Dec 21, 2008

ohio-ag-files-suit-against-loan-mod-predator-be-careful The answer to your question is YES we have lawyers and the list grows every week. You can start with the “Lawyers Who Get it” at www.livinglies.wordpress.com. If you still have trouble then contact us again. In the meanwhile, allow me to point out that the process of defending your property is intimidating to […]

Dec 20, 2008

CLEARINGHOUSE: A company or government sponsored entity that either takes physical possession of transactional documents and records them on its own books. An accepted clearinghouse’s records is used as business records to prove ownership of a particular security or other transactional document. Cede and Company and others are the clearinghouse for quadrillions of dollars of […]

Dec 19, 2008

Good comment from reader. I would add though that merely having a copy of the note is insufficient for many reasons. Merely having an allonge is insufficient if it was not attached to the note at the time of execution and if it did not stay attached from that time forrward. Merely having an original […]

Dec 17, 2008

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Dec 14, 2008

Submitted on 2008/12/14 at 7:46pm Community leaders in Pacoima and other northeast San Fernando Valley areas have organized more than 500 Latino immigrant families to negotiate with banks as a group rather than individually. By Jessica Garrison L. A. Times December 8, 2008 Shortly after Father John Lasseigne took over last summer as head of […]

Dec 14, 2008

Submitted on 2008/12/14 at 8:37pm by Philip Elliott | The Associated Press Saturday December 13, 2008, 3:54 PM CHICAGO — Promising a prominent role for his housing department, President-elect Barack Obama on Saturday named a Harvard-educated architect to lead an agency dealing with the mortgage mess that dragged the country into a recession. Former Clinton […]

Dec 12, 2008

DECEMBER 12, 2008 Editor’s Note: They would have us believe that this was an exception to the rule. It wasn’t. In fact this WAS the rule. The reasons why Wall Street was awash in money were (a) they were successfully selling unregulated securities under false pretenses and false ratings and (b) they pressured guys like […]

Dec 8, 2008

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 […]

Dec 8, 2008

BORROWERS BETRAYED | I-TEAM SPECIAL REPORT Exec had mortgage racket down to an art Orson Benn has gone to prison for falsifying applications, but a former associate in Homestead still sells mortgages. Borrowers Betrayed Part 4 Orson Benn’s network of mortgage brokers wrote thousands of subprime loans in Miami-Dade which have gone into foreclosure. MIAMI […]