“[Customers and employees] accuse the company of using high-pressure salesmanship to target elderly and vulnerable homeowners, as well as misleading borrowers about their loans, and falsifying property appraisals and other information to push through bad deals…. A group of ex-employees, meanwhile, have gone to federal court to accuse Quicken of abusing workers and customers alike. […]

Tags: BAC, Bank of America, Bordas and Bordas, countrywide, Dan Gilbert, Jason Causey, Jim Bordas, Judge David J. Sims, Merrill Lynch, Ohio, Quicken Loans, West Virginia, West Virginia Consumer Credit and Protection Act, Wheeling
Posted in Corruption, Eviction, securities fraud, Servicer |

If you are seeking legal representation or other services call our Florida customer service number at 954-495-9867 (East Coast) and for the West coast the number remains 520-405-1688. Customer service for the livinglies store with workbooks, services and analysis remains the same at 520-405-1688. The people who answer the phone are NOT attorneys and NOT […]

Tags: BEAR STEARNS, BofA, Chase, credit default swaps, criminal prosecution, INDYMAC, insurance, Merrill Lynch, mortgage loans, OneWest, restitution
Posted in bubble, Corruption, Eviction, securities fraud |

CHECK OUT OUR NOVEMBER SPECIAL Consult with Neil F Garfield, MBA. JD For Representation by a Licensed Attorney in Florida, Ohio, or California, please call our customer service number at 520-405-1688 BOA lost in a bid to dismiss a lawsuit based upon the lies it told the Fannie and Freddie about the loans it was […]

Tags: Bank of America, BofA, fraud, Merrill Lynch, mortgage bonds, mortgages
Posted in bubble, Corruption, Eviction, securities fraud |

“If we know with certainty that misrepresentation to investors lies at the heart of the so-called securitization scheme, why is it so hard for Judges and lawyers to believe that misrepresentation to homeowners lies at the heart of the origination of the loans that were the most important part of the securitization scheme? In fact, […]

Tags: AGGREGATOR, AIG, AMbac, bailouts, Bank of America, buyouts, countrywide, Federal government, fraud, Merrill Lynch
Posted in bubble, Corruption, Eviction, securities fraud |

Has Obama Awakened? Appraisal Fraud Alleged by this Blog is found to be Centerpiece of this Action Editor’s Note: The FDIC claims it studied a rough sampling of the securitized loans and alleges more than 60% of the loans packed into each deal contain material untrue or misleading statements. In a resounding acceptance of the […]

Tags: Ally Securities, Bank of America, Countrywide Securities, DEUTSCHE BANK, Deutsche Bank Securities, FDIC, Goldman Sachs, JPMorgan Securities, Merrill Lynch, RBS Securities and WaMu Asset Acceptance Corp
Posted in Eviction |

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
Posted in bubble, Corruption, Eviction, securities fraud |

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
Posted in bubble, Corruption, Eviction, securities fraud |

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: YAWN! The government keeps filing lawsuits that COULD be big and COULD cause make corrections in the marketplace to reflect reality. But then they go nowhere, with discovery stymied by the Banks and then a settlement on the table that sells […]

Tags: American International Group, Bank of America, bankruptcy, borrower, Citigroup, countrywide, Countrywide financial, DEUTSCHE BANK, disclosure, Fannie MAe, Federal Housing Finance Agency, foreclosure, foreclosure defense, foreclosure offense, foreclosures, Frank Kelly, fraud, Freddie Mac, Goldman Sachs, JPMorgan Chase, LOAN MODIFICATION, Merrill Lynch, modification, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Submitted by “One Observer” o Why would a non-performing loan be transferred into a Trust nearly 16 months AFTER the Trust’s closing date? o How many other mortgages were not deposited in accordance to this Trust’s Pooling & Servicing Agreement? o And if […]

Tags: AIG, bankruptcy, borrower, countrywide, Dicaro & Barak, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, LOAN MODIFICATION, Merrill Lynch, modification, PHH, private label agreement, quiet title, rescission, RESPA, securitization, Shapiro, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |

The model concluded that roughly one-third of the loans were for amounts that were 105 percent or more of the underlying property’s value. Roughly 5.5 percent of the loans in the pools had appraisals that were lower than they should have been. In one pool with 3,543 loans, for example, the CoreLogic model had enough […]

Tags: CoreLogic, Credit Suisse, David J. Grais, DEUTSCHE BANK, GRETCHEN MORGENSON, HERS, Home Loan Banks, investment banks, investors, Merrill Lynch, mortgage securities, San Francisco Home Loan Bank, Seattle Home Loan Bank, UBS, VP4
Posted in bubble, Corruption, Eviction, evidence, expert witness, foreclosure mill, Modification, Motions, Pleading, securities fraud, Servicer |