Archives by Tag ' foreclosure defense '
Let them eat cake: Ex-Countrywide exec takes family on African Vacation … on Countrywide’s jet Posted Aug 3rd 2008 11:40AM by Julie Tilsner Filed under: Bank of America (BAC), Countrywide Financial (CFC), Rich in America Some things never change. David Sambol, the out-going president of kaput mortgage giant Countrywide Financial Corp., is taking his family […]
QUESTION/COMMENT: ANSWERS IN BOLD A client in NorCal was referred to me. She took out an 80/20 loan first and second for about $650,000 total in 2005. She has paid over $150,000 towards interest, payments and fees. SEE APPRAISAL FRAUD, CNN ARTICLE FOR 2005, APPRAISAL FORUM SPEECH FROM 2006, RECENT POSTS. TITLE COMPANY/TRUSTEE, LENDER AND […]
> Date: Mon, 4 Aug 2008 14:56:30 +0000 > To: ngarfield@msn.com > Subject: [Livinglies’s Weblog] Comment: “Mortgage Meltdown: Foreclosure Offense or Defense in Trustee or Non-Judicial Sales “Comment: > In Michigan, the trustee CANNOT postpone the sale to another time. There is NO statute allowing them to do that. However, the mortgagee can postpone the […]
more than 8,000 appraisers – roughly 10 percent of the industry – have signed a petition asking the federal government to take action. “There are a lot of people who have refinanced for more than their homes are actually worth and they’re effectively already upside down even without a real estate bubble bursting,” said Callahan. […]
“Fraud is an intentional and material misrepresentation. A faulty or even fake appraisal is at the basis of most fraudulent mortgage transactions.” Most Fraud Charges Not Investigated by Lew Sichelman October 18, 2006 A lack of enforcement at the state level is a major reason appraisals remain at the root of mortgage fraud, said panelists […]
I received this message a short while ago: I am not totally familiar with the site, but I am impressed with it. The fact that it is done by a teenager is astonishing. If you can help him, I suggest you do just that, any way you can. XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX Colleagues, I have received an e-mail […]
Sometimes this mission of mine gets frustrating. I’m trying to provide the necessary information for homeowners and their lawyers to defend their property, get damages from their lender, and potentially walk from the foreclosure house with free and clear title and no note instead of walking from their homes. Lawyers are mostly skeptical and people […]
From: rainmaker@zoomtown.com > To: ngarfield@msn.com > Subject: Just a thought…opposing arguments > > On the whole idea with an inflated appraisal and the $amount delta between real and legit, if I’m opposing counsel I argue that that the only one an inflated appraisal benefited was the seller of the property, not anyone in the chain […]
In the homeowner’s war, the battlefield is taking shape, A prime area of engagement is whether the securitization process represents a series of independent transactions (lender’s position) or that all the transactions should be aggregated (BORROWER’S POSITION) and treated as a single transaction. For reasons explained more fully below, it is our opinion that the […]
Case for Discussion at Foreclosure Workshop on 9/4/08 in Santa Monica King’s County Case: Editor’s Note: For those who are dubious about the legal positions and theories suggested in this blog, this case will be at least somewhat instructive. It is not just a technicality. It is reality. Nobody on the lender’s side can actually […]
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