Archives by Tag ' Citi '
Feb 16, 2012

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Unsound and Unsafe Processes and Practices in Residential Loans Editor’s note: Once again we have an administrative finding and an admission by the BIG 5 that their servicing and practices are both unsafe and unsound. These are fines, not restitution. The […]

Jan 25, 2012

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Weakness of BOA Poses Threat to Entire System Editor’s Comment: When I proposed it 4 years ago, it was dismissed as the ravings of a fringe lunatic. Now it’s mainstream. BOA, Citi, JPM et al are in no better shape than the banks […]

Dec 20, 2011

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT BOA SELLING at 60% OFF STATED BOOK VALUE EDITOR’S NOTE: for those of you who have read my incessant posts that the mega banks are broke, especially, BOA, the article below spells it out in simple arithmetic terms. BOA is selling at 40% […]

Dec 16, 2011

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: Why would regulatory challenges be a threat to the financial viability of the Banks? answer: because the challenges they are talking about drive a stake though the heart of lies perpetuated by those Banks. the result is that they could be […]

Nov 29, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE TOO BIG TO FAIL AND TOO BIG TO FIGHT OR REGULATE SEE 74051381-Judge-Rakoff-s-Ruling-in-S-E-C-v-Citigroup-Global-Markets SEE JUDGE BLOCKS CITI SETTLEMENT WITH SEC SEE LONE JUDGE EXPRESSES FURY AT BANKS AND REGULATORS SEE NEITHER REASONABLE, NOR FAIR, NOR ADEQUATE, NOR IN THE PUBLIC INTEREST EDITORIAL COMMENT: […]

Nov 27, 2011

MOST POPULAR ARTICLES HELLO IT’S ME, Citi c/o FEDERAL HOME LOAN CORP dba Fannie Mae in all matters related to Assumption of loans and Assignment of Loan – proper address for your Good-Bye Letter CitiMortgage, Inc. P.O. Box 183040 Columbus, OH 43218-3040 18 States: DE, DC, GA, IL, IN, KY, MD, MI, NJ, NY, NC, […]

Nov 27, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: Simon Johnson and Paul Krugman have consistently been right, so there is no reason to suspect they are wrong this time. The big banks are too big to manage, too big to regulate and too big for people to do business […]

Nov 26, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: OK the last round of stress tests was a PR stunt to assure the world that the US finance system was not falling apart when in fact it was and did fall apart and we are dealing with the cover-up phase […]

Nov 14, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE HOW TITLE IS BEING CORRUPTED BY CITI AND OTHER MAJOR BANKS EDITOR’S COMMENT: It’s a game to them and life to the rest of us. They have power and they are using it regardless of law, ethics, morality or simple common sense. This […]

Jun 11, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE CLASS ACTION LAWYERS SHOULD LOOK AT A HOMEOWNER SUITS AGAINST MEGABANK AUDITORS AUDIT STANDARDS REQUIRE A HEALTHY DEGREE OF “SKEPTICISM”   EDITOR’S NOTE: 4 years ago, I spoke with some people in the big SEC auditing firms that give “clean” letters to public […]