COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ see 10-lies-we-live-by-and-should-stop-believing-if-we-want-this-to-stop NOTABLE QUOTES: “ONE crucial reason the nation’s mortgage industry ran itself — and the entire nation — off the rails was its obsession with speed. Mortgages had to be approved chop-chop, loans pooled instantly. When it came to foreclosure, well, the quicker the better.” […]

Tags: Bank of America, countrywide, HELOC, Masto, mortgage industry, SECOND MORTGAGE, Terry Goddard, Tom Miller
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Biggest Fish Face Little Risk of Being Caught EDITOR’S NOTE: There is only one reason why there are not over 1,000 prosecutions that would successfully land the perps in jail — the reason is that the perps are the ones actually in charge. This is […]

Tags: AIG, Angelo Mozilo, BOA, countrywide, Countrywide financial, credit default swaps, Dimon, FULD, Joe Cassano, Lehman, Mozilo
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary REQUIRED READING 2.24.2011 Chase -Allstate-Complaint JUST LOOKING AT THE TABLE OF CONTENT WILL TELL YOU WHAT YOU NEED TO KNOW NATURE OF ACTION …………………………………………………………………………………………………….1 PARTIES ………………………………………………………………………………………………………………………..7 JURISDICTION AND VENUE ……………………………………………………………………………………….16 BACKGROUND ……………………………………………………………………………………………………………17 A.    THE MECHANICS OF MORTGAGE SECURITIZATION …………………………………….17 B.    SECURITIZATION OF MORTGAGE LOANS: THE […]

Tags: allstate, BEAR STEARNS, countrywide, fraud, FREMONT, Greenpoint, JP Morgan Chase, JPMORTGAN, Long beach, Option One, PHH, securitization, underwriting, WAMU
Posted in bubble, Corruption, Eviction, securities fraud |

ONE ON ONE WITH NEIL GARFIELD COMBO ANALYSIS TITLE AND SECURITIZATION EDITOR’S COMMENT: Judge Curley has been wrestling with these issues for more than 2 years. She has heard every argument, seen every memorandum, Expert Declaration (mine) and considered everything else possible. She was led to the inescapable conclusion that BOA’s position was a farce. […]

Tags: allonge, appeals court, ARIZONA, assignment of mortgage, AZ, bac home loans, bankruptcy, countrywide, DEED OF TRUST, foreclosure fraud, Irena Zitta, Judge SARAH SHARER CURLEY, MERS, Mike Zitta, MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC., note, reconsider
Posted in bubble, Corruption, Eviction, securities fraud |

ONE ON ONE WITH NEIL GARFIELD COMBO ANALYSIS TITLE AND SECURITIZATION Bank of America Corp’s Countrywide mortgage unit is being sued for Fraud! Investors claiming they were victimized by Bank of America’s Countrywide in a “massive fraud” when they bought mortgage-backed securities. “Investors now seem to be conforming their allegations to those set forth on […]

Tags: appraisals, Bank of America, countrywide, fraud, ratings
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “Allstate alleges that between March 2005 and June 2007, as it was buying the securities, Countrywide “abandoned its underwriting standards, misrepresented crucial information about the underlying mortgage loans and concealed material facts” from the insurer, it said in a statement.” EDITOR’S COMMENT: If the note […]

Tags: allstate, Bank of America, BOA, countrywide
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “The problem facing Bank of America is stunning, both on an economic and on a human scale. Among its 14 million mortgage customers, nearly 1 in 10 is past due. Another 190,000 have not been able to make a payment in at least two years, […]

Tags: Bank of America, BlackRock, BofA, Charles Holliday, Charles O. Prince, Citigroup, countrywide, David Darnell, Mayo, Merrill Lynch & Co., Moyhihan
Posted in bubble, Corruption, Eviction, securities fraud |

SUBSCRIBE TO LIVINGLIES MEMBERSHIP FOR DISCOUNTED SERVICES, NEWSLETTER AND FREE TELECONFERENCES Livinglies fulfills its commitment to becoming the #1 internet resource in foreclosure defense and offense (claims for damages for wrongful foreclosure or improper lending practices). DON’T ASSUME YOUR LOAN IS IN DEFAULT — IT PROBABLY ISN’T EVEN IF YOU DIDN’T MAKE A PAYMENT! DON’T […]

Tags: bankruptcy, countrywide, disclosure, Eviction, foreclosure, foreclosure defense, foreclosure offense, housing, Lender Liability, predatory lending, principal reduction, quiet title, rescission, securitization, TILA
Posted in bubble, Corruption, Eviction, expert witness, foreclosure mill, Modification, securities fraud, Servicer |

SERVICES YOU NEED Investors face an “obstacle course” of challenges in attempting to get banks to repurchase loans that failed to match their description in bond documents, Grais said bondholders said they have the power to order the trustee for the securities to start probes because the investors own 25 percent of the debt in […]

Tags: Bank of America, Bank of New York Mellon, BEAR STEARNS, countrywide, David J. Grais, Ellington Management Group LLC, Greenwich Financial Services LLC, Wells Fargo
Posted in bubble, Corruption, Eviction, securities fraud |

EDITOR’S NOTE: The shell game continues. While the media picks up stories about “settlements” giving rise to the presumption that Countrywide Home Loans and Bank of America and the rest of the securitization players committed various violations of statutes, duties, rules and regulations, the main point gets lost. Where is this money going and WHY? […]

Tags: ALAN ZIBEL, AP, Bank of America, countrywide, Joel Bernstein, KPMG, New York pension funds
Posted in bubble, Corruption, evidence, expert witness, foreclosure mill, Modification, Servicer |