Living Lies Narrative Corroborated by Increasing Number of Respected Economists It has taken over 7 years, but finally my description of the securitization process has taken hold. Levitin calls it “securitization fail.” Yves Smith agrees. Bottom line: there was no securitization, the trusts were merely empty sham nominees for the investment banks and the “assignments,” […]

Tags: Empty Trust, false securitization, fraud, holder in due course, LEVITIN, Mortgage, Naked Capitalism, note, REMIC TRUST, securitization fail, servicer misconduct, student loans, yves Smith
Posted in Corruption, evidence, expert witness, foreclosure defenses, Modification, Motions, Pleading, securities fraud, Servicer |

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Adam Levitin posts on www.creditslips.org EDITOR’S COMMENT: Adam Levitin has nailed it again. From politics to practicality to legality. The Multistate Foreclosure Settlement posted by Adam Levitin The New York Times came out with a strong editorial urging state AGs and the Administration […]

Tags: bankruptcy, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, housing market, LEVITIN, LOAN MODIFICATION, modification, OCC, quiet title, rescission, RESPA, securitization, settlement, TILA audit, too big to fail, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ EDITOR’S ANALYSIS: There are so many “Trustees” running around these days, it is impossible to figure out what they do and if they even really exist. In the article below, Streitfield points out that the “Trustees” on deeds of […]

Tags: borrower, creditor, disclosure, foreclosure, foreclosure defense, foreclosure offense, Lender Liability, LEVITIN, McKenna, Mortgage, National Consumer Law Center, Ny Times, predatory lending, rescission, securitization, trustee
Posted in Uncategorized |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ “The banks’ strategy is to run the clock,” a Georgetown University law professor, Adam Levitin, said. “The chances of a settlement that meaningfully reforms mortgage servicing and makes the banks pay an appropriate price for illegal conduct are rapidly […]

Tags: bailout, Bank of America, bankruptcy, borrower, credit crisis, disclosure, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, fraud, LEVITIN, modification, rescission, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

THANK YOU CITI FOR DOING OUR WORK FOR US TOP READER PICKS FOR SERVICES AND PRODUCTS Submitted by Jon Lindeman, Esq. Florida So with the chain of documentation now in question, and trustee ownership in question, here is one legal scenario, according to Prof. Levitin: The mortgage is still owed, but there’s going to be […]

Tags: Citi, LEVITIN, REMIC, title
Posted in bubble, Corruption, Eviction, securities fraud |