SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM HOMELESS CHILDREN OF THE ECONOMIC HOLOCAUST EDITORIAL COMMENT: Like I said, we better be damned sure this is unavoidable. From my perspective and the perspective of economists with far greater credentials than my own, it is not only avoidable, it is both immoral and impractical with long-lasting effects on […]

Tags: borrower, CHILDREN UNDER POVERTY LEVEL, DEMOCRATIC UNDERGROUND.COM, disclosure, ECONOMIC HOLOCAUST, foreclosure defense, foreclosure offense, fraud, HOMELESS CHILDREN, Lender Liability, mortgage meltdown, predatory lending, rescission
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “If there had been a cop on the beat to hold mortgage servicers accountable a half dozen years ago,” she said at one point, “the problems in mortgage servicing would have been found early and fixed while they were still small, long before they became a national scandal.” EDITORIAL […]

Tags: bailout, bankruptcy, banks, Consumer Financial Protection Bureau, disclosure, Elizabeth Warren, foreclosure defense, foreclosure offense, Lender Liability, mortgage meltdown, Nocera, Ny Times, Obama, Office of the Comptroller of the Currency, predatory lending, Republicans, rescission, securitization, TILA
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: This is a career — a generational event extinguishing the expectations and hopes of millions of people. And still there are millions of Americans who actually believe that this is the result of greedy homeowners — totally discounting the birthplace and current residence of greed (WALL STREET). […]

Tags: appraisal fraud, credit crisis, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, liar's loans, predatory lending, rescission, securitization
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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: That we have ANY housing starts is nearly preposterous considering the number of homes that are unoccupied — mostly because the banks don’t want to report on the financial outcome of selling them. In truth, the banks are taking these homes with “credit bids” which is to […]

Tags: economy, foreclosure defense, foreclosure offense, fraud, HOUSING STARTS, 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
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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
Posted in bubble, Corruption, Eviction, securities fraud |

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 |