Since the Fed can create unlimited money, why not pay off every mortgage in the land? That’s only $9.7 trillion, and if the Fed wanted to unleash an orgy of spending, that would certainly do it. Trillions in losses would be filled with “free money,” since the Fed would pay the full value of all […]

Tags: central bank, Charles Hugh Smith, Fannie, Federal reserve, FHA, MBS, Of Two Minds, REO
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“If, however, the transaction does not coincide with the parties’ bona fide intentions, courts will ignore the stated intentions.19  The analysis of ownership cannot merely look to the agreements the parties entered into because the label parties give to a transaction does determine its character.20  Consequently, the analysis must examine the underlying economics and the […]

Tags: Bradley T. Borden, Brooklyn Law School, CDS, David Reiss, Kemp, MBS, MERS, REMIC, Tax LIability, underlying economics
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Delaware sues MERS, claims mortgage deception Posted on Stop Foreclosure Fraud Posted on27 October 2011. Some saw this coming in the last few weeks. Now all HELL is about to Break Loose. This is one of the States I mentioned MERS has to […]

Tags: 50 state settlement, attorney general, Bank of America, bankruptcy, Beau Biden, borrower, CALIFORNIA, Cassandra Daniels, Catherine Cortez Masto, countrywide, criminal, DELAWARE, disclosure, Eileen Foster, employees, Eric Schneiderman, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, foreclosures, fraud, Gavin Newsom, Investigation, jack conway, Kamala D. Harris, kentucky, LOAN MODIFICATION, Lori Swanson, mail fraud, Martha Coakley, Massachusetts, MBS, MERS, michael hudson, Minnesota, modification, Mortgage, mortgage backed securities, MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC., Nevada, New York, quiet title, Refinance, rescission, RESPA, securitization, settlement, TILA audit, trustee, TRUSTS, U.S. Department of Labor, Underwriter, Wall Street, WEISBAND, whistleblower, wire fraud
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: California has approximately a 1/3 share of all foreclosures. So Harris’ decision to drop out of the talks is a huge blow to the mega banks who were banking (pardon the pun) on using it to get immunity from prosecution. The […]

Tags: 50 state settlement, attorney general, bankruptcy, Beau Biden, borrower, CALIFORNIA, Catherine Cortez Masto, countrywide, criminal, DELAWARE, disclosure, Eric Schneiderman, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, foreclosures, fraud, Gavin Newsom, Investigation, jack conway, Kamala D. Harris, kentucky, LOAN MODIFICATION, Lori Swanson, Martha Coakley, Massachusetts, MBS, MERS, Minnesota, modification, mortgage backed securities, MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC., Nevada, New York, quiet title, rescission, RESPA, securitization, settlement, TILA audit, trustee, TRUSTS, Wall Street, WEISBAND
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE FHFA ACCUSES BANKS OF FRAUD: THEY KNEW THEY WERE LYING “FHFA has refrained from sugar coating the banks’ alleged conduct as mere inadvertence, negligence, or recklessness, as many plaintiffs have done thus far.  Instead, it has come right out and accused certain banks […]

Tags: acquisitions, AMbac, bailout, bankruptcy, banks, BEAR STEARNS, BofA, bondholder actions, borrower, Complaints, contract rights, countrywide, damages, DEUTSCHE BANK, disclosure, EMC, Fannie MAe, Federal Home Loan Banks, FHFA, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, Freddie Mac, freeriders, Goldman Sachs, Government bailout, investors, irresponsible lending, JPMorgan, jury trials, lawsuits, lending guidelines, liabilities, LITIGATION, litigation costs, loan files, LOAN MODIFICATION, loss causation, loss estimates, LTV, MBS, media coverage, Merrill Lynch, misrespresentation, modification, monoline actions, mortgage fraud, motions to dismiss, negligence and recklessness, private label MBS, procedural hurdles, putbacks, quiet title, quinn emanuel, ratings agencies, rep and warranty, Repurchase, rescission, RESPA, RMBS, securities, securities laws, securitization, shareholder lawsuits, sole remedy, sophistication, stability, standing, statistical sampling, statutes of limitations, subpoenas, successor liability, TILA audit, too big to fail, trustee, TRUSTEES, underwriting practices, Wall St., WAMU, WEISBAND
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE from STOP FORECLOSURE FRAUD Fannie-Freddie’s Hypocritical Suit Against Banks Making Loans that GSEs Helped Create EDITOR’S NOTE:  Practically everything that the government is doing with respect to the economy and the housing market in particular is hypocritical. If we look to the result […]

Tags: 17 Firms, Ally Financial, Bank of America, bankruptcy, Barclays, borrower, Citigroup, countrywide, Credit Suisse, DEUTSCHE BANK, disclosure, Fannie, Fannie MAe, Federal Housing Finance Agency, FHFA, first franklin, First Horizon, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, foreclosures, fraud, Freddie, Freddie Mac, General Electric, Goldman Sachs, HSBC, JPMorgan Chase, lawsuits, LOAN MODIFICATION, MBS, Merrill Lynch, MERS, modification, Morgan Stanley, mortgage backed securities, Nomura Holding America, quiet title, REMICS, rescission, RESPA, securities fraud, securitization, Societe Generale, The Royal Bank of Scotland PLC, TILA audit, trustee, WEISBAND
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: THE ONLY THING MISSING IS THE LARGEST QUESTION OF ALL: WERE THE MORTGAGE LIENS EVER PERFECTED? DO THEY EXIST? I also contest the issue of whether the banks were ever intending to do things right. I know from interviews I conducted […]

Tags: bankruptcy, borrower, clouded titles, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, foreclosures, fraud, fraudulent documents, fraudulent signatures, LOAN MODIFICATION, MBS, modification, mortgage backed securities, notes, nye lavalle, quiet title, rescission, RESPA, robo signers, securitization, TILA audit, transferred files, trustee, Wall Street, WEISBAND
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE New York AG Schneiderman Comes out Swinging at BofA, BoNY Posted By igradman On August 5, 2011 (4:28 pm) In Attorneys General This is big.  Though we’ve seen leading indicators over the last few weeks that New York Attorney General Eric Schneiderman might […]

Tags: Bad FAith, Bank of America, bank of new york, bankruptcy, BOA, borrower, chain of title, countrywide, disclosure, discovery, fiduciary duties, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, improper documentation, investors, loan files, LOAN MODIFICATION, LPS, MBS, modification, mortgage fraud, private label MBS, quiet title, rescission, RESPA, RMBS, robo signers, securitization, servicer defaults, servicers, settlements, standing, successor liability, TILA audit, trustee, TRUSTEES, underwriting practices, Wall St., WEISBAND
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: It’s frustrating. Many of us did the math and came up with the only possible conclusion. State and local governments would default, starting now, in increasing numbers. They default on essential, social and other services leaving he citizens without any government […]

Tags: bankruptcy, bond defaults, bonds, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, LOAN MODIFICATION, MBS, modification, quiet title, rescission, RESPA, RMBS, securitization, State default, TILA audit, trustee, WEISBAND
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “The game is on: a race to foreclose and get the properties in the name of some entity that is “bankruptcy remote.” While investors and homeowners continue to sort out what happened to them and why they are in the hole, the banks […]

Tags: Bank of America, bankruptcy, BOA, borrower, countrywide, default, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, LOAN MODIFICATION, MBS, modification, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
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