First of all I don’t think Geithner caused the financial crisis. He certainly contributed to it but it probably would have happened even if he had not undercut Sheila Bair at every opportunity; and yes he should have listened to other people who were saying that the corruption on Wall Street had reached epic proportions. […]

Tags: Barack Obama, George W Bush, GRETCHEN MORGENSON, Hank Paulson, JOE NOCERA, New York Times, Sheila Bair, Timothy F. Geithner
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE SEE PICTURES FROM STEVEN BAUM LAW FIRM PARTY EDITOR’S COMMENT: Even if you think that foreclosed homeowners deserve it, you wouldn’t like these pictures. It’s like being in favor of the war in Iraq and then seeing pictures of American soldiers torturing prisoners. […]

Tags: bankruptcy, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, JOE NOCERA, LOAN MODIFICATION, modification, quiet title, rescission, RESPA, securitization, Steven J Baum, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: I sat on this story for a while checking out some facts. Words alone can’t describe my reaction to this. They were called “liar’s loans” because the no-doc loans were intended to be approved regardless of actual income. Under TILA and industry standards for underwriting loans, the […]

Tags: Bank of America, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, JOE NOCERA, Lender Liability, LIAR LOAN, Mozilo, Ny Times, predatory lending, rescission, securitization
Posted in bubble, Corruption, Eviction, securities fraud |