Archives by Tag ' borrower '
Apr 1, 2011

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. […]

Mar 31, 2011

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 […]

Mar 31, 2011

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 […]

Mar 31, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO SECURITIZATION AND TITLE REPORT AND ANALYSIS AT WWW.LUMINAQ.COM EDITOR’S NOTE: I’m not sure who the actual author of this piece is, but it is very good in many places. Probably John Korman. The point, as we have stated here before, is that there were no loans because […]

Mar 30, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: The government maintains its complicity in the securitization scam. The mortgage bonds were fake instruments that created non-existent pools containing non-existent assets. The investment banks took the money, pocketed a large portion of it as fees and used the rest to fund mortgages that couldn’t work, but […]

Mar 30, 2011

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 […]

Mar 30, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: That housing prices are continuing to fall is no surprise to anyone other than the “economists” who are mouthpieces for Wall Street and the government puppets that spout the spin — misdirecting attention from the fact that securitization of debt has been a giant illusion and that […]

Mar 29, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: This is the first in a series of articles that will be published concerning illegal bank activities in the United Kingdom. It would appear that the Judges are just as confused, if not more so, than they are here in the United States. I have interviewed a […]

Mar 29, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “The Minnesota attorney general, Lori Swanson, accused Encore of fraud, saying it had filed false affidavits to collect consumer debt that was not owed or had been already paid off.” HUGE POTENTIAL EFFECT ON FORECLOSURES EDITOR’S COMMENT: The significance here is not just that robo-signing was used, which violates […]

Mar 25, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM MERS Tells Servicers to Stop Foreclosing in Their Name By: David Dayen Thursday February 17, 2011 7:04 am Since MERS is owned by the big banks, this has the effect of MERS telling itself to stop existing. But it’s quite significant. In a memo to its members (the member […]