Obama is of course correct in his outrage. Taking hundreds of billions of dollars from the taxpayers to cover the appearances of catastrophic losses and then paying bonuses for good management is over the top by any standards. But neither he nor the media is correct in assuming that that the bonuses were not in […]

Tags: bailout, borrower, countrywide, disclosure, Federal reserve, foreclosure defense, foreclosure offense, fraud, housing, inflation, Lender Liability, Obama, predatory lending, rescission, RESPA, RICO, securitization, TILA, trustee
Posted in bubble, Corruption, Eviction, securities fraud |

Foreclosures in U.S. Rose 81%, Topping 2.3 Million Last Year By Dan Levy Jan. 15 (Bloomberg) — U.S. foreclosure filings jumped 81 percent last year as falling house prices, tighter mortgage lending and the longest recession in a quarter century battered property owners, RealtyTrac Inc. said. More than 2.3 million properties got a default or […]

Tags: borrower, disclosure, Federal reserve, foreclosure defense, foreclosure offense, lawyers, Lender Liability, mortgage meltdown, quiet title, rescission, securitization
Posted in bubble, Corruption, Eviction |

Atlantic Article Submitted by multiple readers, I read this as soon as my issue was delivered. It’s true. And to add insult to injury, the answer to the question on everyone’s mind: Where did the money go? $350 billion disappeared down a black hole. The banks and investment banks got the money under the presumption […]

Tags: audit, bankruptcy, borrowers, credit crisis, disclosure, Eviction, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, Mortgage, mortgage meltdown, quiet title, rescission, RESPA, RICO, securitization, TILA, TILA audit, trustee
Posted in bubble, Corruption, Eviction, securities fraud |

Gump59 – Why buy performing mortgages? If they are producing income for their owners, why wouldn’t they be held onto? > ANSWER: You’d buy a performing mortgage if you thought that you were buying it at a bargain, guaranteed with Triple AAA rating. If you buy a mortgage note that has a principal balance due […]

Tags: audit, bailout, bankruptcy, borrower, disclosure, Federal reserve, foreclosure defense, foreclosure offense, fraud, Lender Liability, mortgage meltdown, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

Happy New Year! We have much to talk about this year as we push forward. By all accounts, the economy, the dollar, the foreclosures, the job situation etc are all getting worse by the minute. Even if Obama is a magician it will be 2 years before there is a glimmer of hope. The homeowner […]

Tags: bailout, borrower, credit crisis, Federal reserve, foreclosure defense, foreclosure offense, lender, Mortgage, Obama, predatory lending, quiet title
Posted in bubble, Corruption, Eviction, securities fraud |

1. It isn’t illegal or prejudicial to a plaintiff trustee’s case for it to have acquired rights or be assigned a mortgage AFTER a borrower is in default — but it DOES raise issues of fact that must be heard by the Court. Since the Mortgage went into default there are several possibilities: (a) under […]

Tags: borrower, Chapter 13, disclosure, Federal reserve, foreclosure defense, foreclosure offense, Lender Liability, rescission, securitization, trustee
Posted in bubble, Corruption, Eviction, securities fraud |

The “lenders’ are holding nothing but worthless or at best questionable paper. As soon as you sign a modification you are validating a debt that you most likely don’t have anymore or at worst have substantial offsets against and you are validating a security instrument (mortgage) that was destroyed in the securitization process. Check with […]

Tags: borrower, disclosure, Federal reserve, foreclosure defense, foreclosure offense, fraud, Lender Liability, lost note, Mortgage, mortgage meltdown, quiet title, rescission, RESPA, securitization, TILA audit, trustee
Posted in bubble, Corruption, Eviction, securities fraud |

All the resources cited herein are available on this blog Miami Florida Personal Bankruptcy Law Blog Chapter 7, 13, and 11 Florida Bankruptcy Law by Miami Florida Bankruptcy Lawyer Jordan E. Bublick Sunday, December 21, 2008 “Securitization Facilitated Predatory Lending” Professor Kenneth C. Kettering of the New York Law School recently reviewed the legal foundations […]

Tags: borrower, disclosure, Federal reserve, foreclosure defense, foreclosure offense, fraud, Lender Liability, lost note, quiet title, rescission, securitization, TILA audit
Posted in Corruption, Eviction, securities fraud |

Use of Professional Information Sources Bank Systems & Technology American Banker Community Banker Factiva Independent Banker Bank Technology News Banking Strategies Wall Street Journal/WSJ Online Law firm/consultant/association-provided newsletters ABA Banking Journal NewsEdge US Banker Lexis/Nexis Local associations publications Internally provided news feed Other; please specify — post on comments page

Tags: bankruptcy, borrowers, Chapter 13, disclosure, Federal reserve, foreclosure defense, foreclosure offense, Lender Liability, Mortgage, securitization, TILA audit, trustee
Posted in Corruption, Eviction, securities fraud |

ohio-ag-files-suit-against-loan-mod-predator-be-careful The answer to your question is YES we have lawyers and the list grows every week. You can start with the “Lawyers Who Get it” at www.livinglies.wordpress.com. If you still have trouble then contact us again. In the meanwhile, allow me to point out that the process of defending your property is intimidating to […]

Tags: audit, borrower, Chapter 13, disclosure, Eviction, Federal reserve, foreclosure defense, foreclosure offense, fraud, inflation, lawyers, lender, Lender Liability, lost note, Mortgage, quiet title, rescission, RESPA, RICO, securitization, TILA audit, trustee
Posted in bubble, Corruption, Eviction, securities fraud |