INTERESTING NUCLEAR OPTION: “A credit bid submitted by anyone, whether authorized or not, might well be an admission (or at least a question of fact allowing the homeowner to go forward in discovery) that the amount owed was far less than the amount demanded in the Notice of Default and demands for collection. The point […]

Tags: credit bids, deficiency judgment, discovery, fair market value, overage, wrongful foreclosure
Posted in bubble, Corruption, Eviction |

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: All non-judicial states have a provision that allows for judicial foreclosure. It is one of the things that is often overlooked. My point has always been that the non-judicial statutes are unconstitutional only if they don’t allow judicial foreclosures and especially […]

Tags: bankruptcy, borrower, countrywide, deficiency judgment, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, judicial, LOAN MODIFICATION, modification, non-judicial, quiet title, redemption, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |

The government’s role in this mess has been abdicated to people running agendas that are based on narrow self-interest. One could argue that if the Federal Reserve window was swung open for investment banks to borrow at Fed Funds rates using worthless securities based upon assets (residential real estate), that the same window should be […]

Tags: deficiency judgment, foreclosure offense, mortgage lenders, short sales, title companies, title issues
Posted in Eviction |

Theoretically it is possible for any lender in a foreclosure to pursue what is called a “deficiency Judgment.” This is the amount they lost after selling the property to a third party. The amount they “lost” includes all their interest, penalties, legal fees, court costs, and other out of pocket expenses.  Most mortgage lenders do […]

Tags: deficiency judgment
Posted in bubble, Eviction |