SEE Entire Article: porter While concentrating on Bankruptcy Court all of her points are instructive in all types of litigation. “From external indicia, the claims process in consumer bankruptcy cases seems like an exemplar of a well-designed legal system that balances the interests of consumers and industry.  The claims rules are unambiguous; all parties typically […]

Tags: bailout, bankruptcy, borrower, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, lost note, mortgage meltdown, predatory lending, RESPA, securitization, trustee
Posted in bubble, Eviction |

SEE wells-fargo-steps-on-a-rake-we-hope-eggs-a-new-country SEE 2009-Ohio-1092 Exactly as we predicted, the Wells Fargo appeal was an arrogant display of attempting to alter the law simply on the basis of the size of the institution. Bullying at its stupidest. They were looking to create precedent to say that anyone in the securitization chain can bring enforcement of a […]

Tags: borrower, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, mortgage meltdown, securitization, Wells Fargo
Posted in bubble, Eviction |

Editor’s Note: It’s hard to imagine that we could have been any more scared than we were a year ago when it looked like we were going over a cliff. And yet we wasted the crisis and continue business as usual despite dire warnings from Simon Johnson (see article below) who has the prospective of […]

Tags: bailout, disclosure, Federal reserve, fraud, Lender Liability, mortgage meltdown, Obama, securitization, trustee
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October 9, 2009 Editorial Another Kind of Foreclosure Crisis The foreclosure crisis is being made substantially worse by a shortage of lawyers for people whose homes are at risk. According to a new study, an overwhelming number of homeowners who face foreclosure do not have legal help in protecting their rights. As a result, people […]

Tags: bankruptcy, borrower, disclosure, foreclosure defense, foreclosure offense, Lender Liability, mortgage meltdown, securitization
Posted in bubble, Eviction |

Editor’s Note: The simple truth is this is a ruse. For most people they are under water at the beginning, in the middle and at the end. For most people they will not be able to maintain the payments and they will either fail or refuse to do so. Treasury is kidding itself if it […]

Tags: bailout, borrower, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, predatory lending, securitization
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Editor’s Note: They just WON’T get it. Of course they will need a bailout because prices must continue to go down. Just look at the Schiller index that removes inflation from the price of housing and compares it to median income. A child could see where this is going and Washington is covering its eyes […]

Tags: bailout, borrower, credit crisis, disclosure, Federal reserve, foreclosure defense, fraud, Lender Liability, mortgage meltdown, securitization
Posted in bubble, Eviction |

FYI – Fannie Mae and Freddie Mac became owned by and part of the United States on September 6, 2008 when FHA took them over.  Consider the implications to any cause of action(s), constitutional or otherwise, and defenses, if the United States is a stock holder of MERS.  In professor Christopher Peterson’s work entitled “FORECLOSURE, […]

Tags: borrower, disclosure, Federal reserve, foreclosure defense, foreclosure offense, Lender Liability, predatory lending, securitization
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editor’s note: This is part of what we have been talking about. years down the road these bankers are looking to sue borrowers for deficiencies after people recover from the disaster the bankers caused. Also set to explode in a few years are title defects that are incurable resulting from the securitization of loans and incorrect […]

Tags: bankruptcy, borrower, credit, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, Mortgage, securitization
Posted in Eviction |

THANK YOU TO Deontos: This is regarding “Standing” to obtain “Relief from Stay”. Riegle concluded MERS lacks “standing”. Stay tuned on this ……. It might really wreak havoc on the MERS menace in Nevada. EXCERPTED CASE FILE: UNITED STATES BANKRUPTCY COURT DISTRICT OF NEVADA * * * * * * In re ) Case No. […]

Tags: bankruptcy, borrower, disclosure, foreclosure defense, foreclosure offense, Lender Liability, Mortgage, predatory lending, rescission, RICO, securitization, TILA audit, trustee
Posted in Uncategorized |

FROM OUR READER THANK YOU Gregory Montelaro: What is now beginning to surface are the losses attributed to the massive amount of fraud that mortgage originators created and passed on to Freddie Mac with two specific types of origination fraud know as “Double-Funding”, “Double Selling” or “Double Warehousing” fraud and Assignment Fraud. “Double-Funding” involves a […]

Tags: borrower, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, Mortgage, rescission, securitization, trustee
Posted in bubble, Eviction |