securities consultant says Merrill Lynch knew or should have known the securities they brought to market where overrated (From her website: “She wrote the first letter the SEC posted in February 2007 in response to its proposed rules for the credit rating agencies; she made the case that the NRSRO designation for the rating agencies […]

Tags: bailout, depression, disclosure, foreclosure defense, foreclosure offense, lost note, mortgage meltdown, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

One of the key elements of the attack on the “lender” is fraud in the inducement and fraud in the execution of the loan documents. A central point to the attack is that the borrower was correctly, reasonably and legally (TILA) relying on the mortgage broker (state law and regulation), the lender (TILA, state law […]

Tags: disclosure, foreclosure defense, Lender Liability, over-appraisal, TILA
Posted in Eviction |

It is my opinion that the victims of the enormous fraud includes even those who are not yet delinquent in their mortgages or even those who will never be delinquent. In any event, the following applies to those in trouble, not yet in trouble or who want to make trouble. The players in the fraud […]

Tags: attorneys, auditors, disclosure, ERRORS AND OMISSIONS, good faith estimate, letter to lender, predatory lending, usury
Posted in bubble, Eviction |

events-coming-up-for-garfield-continuum-and-garfield-handbooks New comment on your post #214 “Glossary: Mortgage Meltdown and Foreclosure” Comment: A question on TILA and Non-judicial Foreclosure for anyone who knows the answer; Does a rescission letter that is timely and certifiably mailed to all appropriate parties (lender, assignee, servicer, trustee) prevent/nullify a pending non-judicial foreclosure sale? Would appreciate any information that […]

Tags: common law fraud, demand letter, disclosure, foreclosure defense, mortgage audit, rescission letter, RESPA, RICO, securities fraud, stopping the foreclosure sale, TILA audit
Posted in bubble, Eviction |

New comment on your post #168 “Foreclosure Defense: Cash for Keys Offer and TILA Defenses” Comment:  Can a mortgage be voided or canceled if the contracts, promissory note, deed of trust, TILA and RESPA disclosures and remedies were not produced in the native language of the purchaser or owner, e.g. Spanish? vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvv Part of the […]

Tags: attorney malpractice, cash for keys, disclosure, language, RESPA, RICO, Spanish, TILA audit
Posted in bubble, Eviction |

In this study, the authors provide an exhaustive and invaluable aid, with plenty of charts and explanations of the mortgage meltdown, sub-prime and general credit crisis. This is MUST reading for anyone who is filing securities actions and foreclosure defense. With this paper, you can understand who the players are and what they were doing. […]

Tags: 10b-5 claims, disclosure, foreclosure claims, foreclosure defense, Harvard, mortgage meltdown, sub-prime, TILA
Posted in bubble, Corruption, Eviction, securities fraud |

It is startling to see how little anyone knows about the mess we are in. First they don’t understand how bad this is going to get. Second they don’t understand how it happened because they don’t understand the financial system. And third, they have no clue how to prevent this from happening again. They don’t […]

Tags: borrower, disclosure, insurers, lender, MasterCard, plausible deniability, rating agencies, Visa
Posted in bubble, Corruption, Eviction, securities fraud |

In our research, we have thus far come up with the following list of conspirators whom you might allege have mislead you with respect to signing for the loan you received.  The Developer of the community for engaging in false and deceptive tactics to mislead not only the original buyers but subsequent buyers as well, […]

Tags: conspirators, disclosure, false statements
Posted in bubble, Eviction |

I have two answers for you on the question of fairness. 1. How fair is it, after you have saved and conducted yourself properly and with financial savvy, to see the value of your investment steeply decline as a result of some game Wall Street was playing with the banks? How fair is it that […]

Tags: appraisals, disclosure, kickbacks, rebates, risk
Posted in bubble, Corruption, Eviction |