Archives by Tag ' foreclosures '
May 23, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S ANALYSIS: The passage below contains very valuable information. I want to focus on one simple fact — the “borrower” is not defined as some homeowner applying for a loan. The “borrower” is some sham entity that has been created by the investment bank, to create […]

May 23, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE STATED INCOME, STATED ASSETS (SISA) NO DOC ASSETS AND INCOME FOR THE BANKS: AS FALSE AS IT ALWAYS WAS EDITOR’S COMMENT: DICK DURBIN said it when the democratically controlled senate and house refused to even inquire about the real nature of the securitization illusion — “The […]

May 20, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE see www.housingwire.com for full story. EDITOR’S NOTE: When the walls start to crumble as they are at Goldman, BOA, Citi and Chase, the biggest fear that emerges is who is going to “flip” and turn into the prosecution’s star witness. Then the race starts to be […]

May 19, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE CONSUMERS DON’T COUNT EDITOR’S COMMENT: Fascism is a system in which the government is essentially run by business. The premise of fascism is that successful commerce (as measured by the government that is controlled by business) leads to a successful society. Italy tried it and we […]

Apr 20, 2011

Don’t Ask, Just Cram: It’s Time to Put Mortgage Modifications Back into Judges’ Hands By Abigail Field Posted 12:00PM 04/06/11 Columns, Real Estate, Credit Comments PrintText Size A A A Print this page|EmailShare on FacebookShare on TwitterShare on DiggShare on Lifestream Many state attorneys general, federal law enforcers and regulators say they want big banks […]

Apr 18, 2011

CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM FAILURE TO COMPLETE TRANSFERS BARS FORECLOSURE FOREVER NOTABLE QUOTE: “the judge found the securitization of the Horace loan wasn’t done properly, so the trustee — LaSalle National Bank Association, now part of Bank of America (BAC) — couldn’t foreclose. In […]

Mar 15, 2011

Posted on March 14, 2011 by Foreclosureblues BofA’s Force-Placed Insurance Unit Hid Foreclosure Information, Say E-Mails Released By Hacker Group The New York Times reports: A hacker organization known as Anonymous released a series of e-mails on Monday provided by a former Bank of America employee who claims they show how a division of the […]

Mar 14, 2011

COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ EDITOR’S NOTE: Just like the other mortgages, there was a scam operating. Whether these were securitized or not I don’t know yet. But one thing that has tweaked my interest is to know what appraisal figures were being used on a house where the reverse mortgage […]

Mar 10, 2011

COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ EDITOR’S QUESTION: Just what do they expect these people to do? The actual number of underwater homes  is now approaching 20 million or 40% of all homes — again because of the way they measure it, leaving out things that directly affect the actual price paid […]

Feb 10, 2011

Today, February 10, 2011, 1 hour ago | Phil Querin “…the powers accorded to MERS by the Lender [whose name appears in the Trust Deed] – with the Borrower’s consent – cannot exceed the powers of the beneficiary.  The beneficiary’s right to require a non-judicial sale is limited by ORS 86.735.  A non-judicial sale may […]