MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment:  For thousands of years since the dawn of money credit has been an integral part of the equation.  Anytime a person, company or institution takes your money or valuables in exchange for a promise that it will return […]

Tags: appraisal fraud, bailout, borrower, capacity, cash, collateral, community bank, credit, credit union, credit-default swap, disclosure, FDIC, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, FORECLOSURE SETTLEMENT, foreclosures, forgery, fraud, housing market, investors, Lender Liability, loan underwriting, MEGABANKS, Merendon Mining, Mortgage, mortgage fruad, mortgage meltdown, mortgages, predatory lending, RESPA, securitization, settlement
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s Note: Recontrust appears to be wholly owned by Bank of America. This particular deal looks like a “reconstituted” mortgage backed security comprised of new securities which are “backed” by old mortgage backed securities which in turn are backed by a list of “loans” which may or may not exist, and which certainly have at […]

Tags: "reconstituted mortgage, assigment, BAC, Bank of America, credit-default swap, Federal Bailout, GRS Mort. Trust 2003-9, GSR Mort. Trust, HERS, list of "loans", mortgage backed security, NOD, paid in whole or in part, ReconTrust
Posted in bubble, Corruption, Eviction, expert witness, foreclosure mill, Modification, securities fraud, Servicer |

Editor’s Note: Looking further down the road, when the Ponzi aspect of the Mortgage Meltdown is fully revealed, it will become obvious that both yield spread premiums and the proceeds of credit default swaps, insurance and federal bailout are subject to claims by homeowners. The Trustee’s conclusion as affirmed by the Judge’s ruling in the […]

Tags: accounting, bailout, credit-default swap, Daid J. Sheehan, damages, Diana B. Henriques, distribution, insurance, Judge Lifland, Madoff, Ny Times, Picard, Ponzi, SEC, SIPC, standing, Stephen P. Harbeck, TILA, trustee, yield spread premium
Posted in bubble, Corruption, Eviction, securities fraud |

THANK YOU PAUL FROM ATLANTA: YOU DEFINITELY HAVE YOUR EYE ON THE RIGHT BALL. And then there is this one which described the scale of the Wall Street schemes that brought all of us to this point. People are just starting to realize that they are all citizens of the same country and that if […]

Tags: Bernie Madoff, credit-default swap, Hampton Sheet, HARRY Markopolos, insurance, Joan Jedell, NY POST, Ponzi, whistleblower
Posted in bubble, Corruption, Eviction, securities fraud |