SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “The act’s emphasis on preserving homeownership was particularly vital to passage. Congress was told that TARP would be used to purchase up to $700 billion of mortgages, and, to obtain the necessary votes, Treasury promised that it would modify those mortgages to assist struggling homeowners. Indeed, the act expressly […]

Tags: bailout, Bank of America, Barofsky, borrower, congress, credit crisis, creditor, disclosure, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, fraud, homeownership, rescission, RICO, securitization, TARP
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: That housing prices are continuing to fall is no surprise to anyone other than the “economists” who are mouthpieces for Wall Street and the government puppets that spout the spin — misdirecting attention from the fact that securitization of debt has been a giant illusion and that […]

Tags: bailout, bankruptcy, borrower, credit crisis, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, MERS, Mortgage, predatory lending, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “The Minnesota attorney general, Lori Swanson, accused Encore of fraud, saying it had filed false affidavits to collect consumer debt that was not owed or had been already paid off.” HUGE POTENTIAL EFFECT ON FORECLOSURES EDITOR’S COMMENT: The significance here is not just that robo-signing was used, which violates […]

Tags: borrower, consumer debt, Debt Collection Agency, default, disclosure, Encore Capital Group, false affidavits, foreclosure defense, foreclosure offense, fraud, Lender Liability, Lori Swanson, MERS, Minnesota, payment, predatory lending, rescission, robosigning, securitization, servicer
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITORIAL COMMENT: Just how many times do judges need to point out that the foreclosures are fraudulent? How many times do we need to see that the fraud in foreclosures might just be reflection of the fact that loans, notes and mortgages were fraudulent as well. The documents on […]

Tags: Altered Documents, Chancery, Cook County, Daniel Lindsey, disclosure, Fisher and Shapiro LLC, foreclosure defense, foreclosure offense, fraud, Illinois Attorney Registration & Disciplinary Commission, MERS, Moshe Jacobius, predatory lending, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM MERS Tells Servicers to Stop Foreclosing in Their Name By: David Dayen Thursday February 17, 2011 7:04 am Since MERS is owned by the big banks, this has the effect of MERS telling itself to stop existing. But it’s quite significant. In a memo to its members (the member […]

Tags: borrower, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, MERS, mortgage meltdown, predatory lending, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Posted on March 24, 2011 by Foreclosureblues Iowa Couple Owns Home After One Payment Due To Foreclosure Glitch Yesterday, March 23, 2011, 3:36:15 PM | DailyBail Facing foreclosure and fed up with the banks trying to take back your home? Well, a foreclosure loophole that helped an Ankeny, Ia., home construction worker […]

Tags: borrower, disclosure, foreclosure defense, foreclosure offense, fraud, mortgage meltdown, predatory lending, quiet title, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Posted on March 24, 2011 by Foreclosureblues Caldwell Banker Mortgage messes with the wrong Soldier and gets SHOT DOWN IN FLAMES WITH 20 MILLION DOLLAR JUDGMENT. Yesterday, March 23, 2011, 2:00:28 PM | Foreclosure Defense Attorney Steve Vondran OUCH – BANKS MESSES WITH SOLDIER AND LOSES AT TRIAL!  CAN’T […]

Tags: borrower, disclosure, foreclosure defense, foreclosure offense, Lender Liability, predatory lending, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM ECONOMISTS SURPRISED — EXPECTED RISE EDITOR’S RANT: HOW STUPID DO YOU HAVE TO BE TO NOT KNOW THAT HOUSING IS IN THE TOILET AND GOING LOWER? They won’t fix foreclosures, they won’t fix title, they won’t help investors and they won’t help homeowners. They admit that housing drives the […]

Tags: bankruptcy, borrower, credit crisis, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, mortgage meltdown, predatory lending, rescission, securitization, William Stuntz
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: In a rare display of doing its job the federal reserve has now expressed some doubts about the balance sheet of Bank of America. The plain truth is that the assets are questionable for one or all of several reasons — the assets are fictitious, the assets […]

Tags: borrower, countrywide, disclosure, foreclosure, fraud, Lender Liability, mortgage meltdown, predatory lending, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: Most of the jurors had never heard of Blankfein. Lloyd Blankfein, head of Goldman Sachs, is not recognized by name or face. Somehow, despite years of publicity in which the role of Goldman Sachs with Blankfein at the head of it, most people don’t under stand the […]

Tags: bailout, disclosure
Posted in bubble, Corruption, Eviction, securities fraud |