American jurisprudence is clearly still struggling with the fact that in most cases the forecloser either does not exist or does not have any interest in the loans they seek to enforce. In virtually all instances PennyMac is acting in the role of a sham conduit while allowing its name to be used as the […]

Tags: California Reconveyance Company, FDIC, Glaski, JPMorgan Chase, JPMorgan Chase Bank, judicial notice, Long Beach Mortgage Company, Office of Thrift Supervision, Pennymac, PennyMac Holdings, PennyMac Mortgage Investment Trust Holdings I, Washington Mutual Bank, Yvanova
Posted in Uncategorized |

Corroborating what I have been saying for years on this blog, the Supreme Court of the state of California is reasserting its position that if entity ABC wants to collect on a debt in California, then that particular entity must own the debt. This is basic common sense and simply follows article 9 of the […]

Tags: ARTICLE 9, borrower, California Supreme Court, creditor, DEBTOR, Glaski, Investor, ownership of the note, recusal, UNIFORM COMMERCIAL CODE
Posted in Corruption, Eviction, evidence, expert witness, foreclosure defenses, foreclosure mill, Modification, Motions, Pleading, securities fraud, Servicer |

8/8/13 NOTE: This decision was approved for publication and therefore applies to all cases within the district of the appellate court. On the other hand we should not assume that they have arrived nor that this decision will have pervasive effects throughout California or elsewhere in the United States or other countries. J.P. Morgan did […]

Tags: Chase Bank, cutoff date, Glaski, insurance, JP Morgan, mortgage backed bonds, REMIC, securitization, security, TRICO, Washington Mutual
Posted in Corruption, Eviction, evidence, securities fraud, Servicer |