SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Statistics are not published as to the number suicides related to financial difficulty, but financial pressure is often cited in studies as a triggering event for death from “natural” causes, suicide, disease and divorce. When the pressure is not just financial but a perception of total failure through loss […]

Tags: bankruptcy, borrower, disclosure, Eviction, foreclosure, foreclosure defense, fraud, Lender Liability, Mortgage, predatory lending, RICO, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: Krugman is right. Policy has been hijacked by ideology. It is as though we were eating our young. What do we expect them to do when they grow old enough to become part of the workforce? Poorly educated, broke, in debt from the day they were born, […]

Tags: bailout, borrower, disclosure, foreclosure, fraud, Lender Liability, mortgage meltdown, predatory lending, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

SUBMITTED BY MARY COCHRANE Banking, & Insurance & Real Estate Frauds Substantive omissions of material facts during origiantion mask deceptive acts. Largest producer of non-conforming mortgage products (Originations & Servicing) sells discounted loans. Real Estate Industruy of the United States controlled by ‘private brand label’ Wells Fargo, who allows their valuable trade name to mask […]

Tags: bankruptcy, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, predatory lending, rescission, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: FLOYD NORRIS OF THE NY TIMES HAS WRITTEN WHAT I WAS THINKING. The question is whether we will learn from the incidents and be very aggressive in dismantling a system that poses this kind of risk. We have always heard anti-regulators say the same thing: crying wolf […]

Tags: bailout, bankruptcy, disclosure, Federal reserve, foreclosure defense, fraud, Lender Liability, mortgage meltdown, predatory lending, regulation, rescission, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM conformedcomplaint “They focused on short-term gains to increase their own compensation, with reckless disregard for WaMu’s long-term safety and soundness,” the agency said in the 63-page complaint. “The F.D.I.C. brings this complaint to hold these highly paid senior executives, who were chiefly responsible for WaMu’s higher-risk home lending program, […]

Tags: administrative action, BURDEN OF PROOF, Chase, David C. Schneider, disclosure, F.D.I.C., foreclosure defense, foreclosure offense, fraud, Kerry K. Killinger, predatory lending, prima facie case, rescission, securitization, Stephen J. Rotella, WAMU, Washington Mutual
Posted in bubble, Corruption, Eviction, securities fraud |

NOTABLE QUOTE: CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES Section 2.01. Conveyance of Mortgage Loans. As promptly as practicable after any transfer of a Mortgage Loan under this Agreement, and in any event within thirty days after the transfer, the Trustee shall (i) affix the Trustee’s name to each assignment of Mortgage, as its assignee, […]

Tags: CONVEYANCE OF MORTGAGE LOAN, cutoff date, disclosure, foreclosure defense, foreclosure offense, fraud, mortgage meltdown, PSA, quiet title, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM SEE 10-lies-we-live-by-and-should-stop-believing-if-we-want-this-to-stop SEE taking-justice-off-the-table-2-cent-settlement In Proposed Mortgage Fraud Settlement, a Gift to Big Banks TROJAN HORSE By JESSE EISINGER, ProPublica   Luis Alvarez/Associated Press Tom Miller, attorney general of Iowa. Lurking in a proposed mortgage fraud settlement with the state attorneys general is a clause that could be worth […]

Tags: disclosure, Eviction, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, modification, Mortgage, predatory lending, rescission, securitization, settlement
Posted in bubble, Corruption, Eviction, securities fraud |

SEE taking-justice-off-the-table-2-cent-settlement SUBMITTED BY E. TOLLE The great whitewash is here. We’ve been setup once again. Sold down the river. (Reuters) – 3/15/2011- A comprehensive settlement between U.S. authorities and banks over alleged mortgage servicing abuses needs to be reached quickly to help the housing market heal, Treasury Secretary Timothy Geithner said on Tuesday. Geithner […]

Tags: bailout, disclosure, foreclosure defense, foreclosure offense, fraud, Geithner, housing market, Lender Liability, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM WILL THE CAT BE LET OUT OF THE BAG? EDITOR’S NOTE: It’s frustrating for those of us who have already done our homework. And we do need to cut the SEC some slack since none of them had the opportunity, motivational or direction to get up to speed on […]

Tags: disclosure, foreclosure defense, foreclosure offense, fraud, Mortgage, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: As concern mounts that the entire title infrastructure has been put at risk by shoddy practices in lending, recording, transferring and foreclosing mortgages, a New Jersey Judge has set a hearing to consider suspension of ALL foreclosures by the megabanks pending further investigation. […]

Tags: creditor, disclosure, foreclosure, foreclosure defense, foreclosure offense, New Jersey
Posted in bubble, Corruption, Eviction, securities fraud |