Submitted by Charles Koppa. 6/9/2010 Editor’s Note: We are starting to look at events AFTER the sale has taken place and we are discovering a number of things: CREDIT BID: Only the Creditor can submit a credit bid. All others must pay actual money. If a non-creditor submitted a credit bid (essentially bidding the “amount […]

Tags: Auction, bookkeeping trust, credit bid, fabricating documents, foreclosure, foreclosure sale, fraudulent foreclosure, Identification Numbers, Lehman Brothers, MERS, MIN, NOD, NOTS, OREO, property records, REO, sale, servicer
Posted in Corruption, Eviction, expert witness, foreclosure mill, Modification, securities fraud, Servicer |

Your case should first be summarized by your securitization expert who relies upon the expert opinions of others as to underwriting, appraisal, mortgage brokers etc. Then those other experts come in. After that, the forensic analyst and homeowner come in to fill in the facts upon which the experts relied. But you build your case […]

Tags: agent, allonge, bank of new york, BEAR STEARNS, Bear Stearns Asset Backed Certificates Series 2003-2, cross examination, custodian, cut-off date, EMC, endorsement, expert, forensic report, Form 8-K, fraud, Greenville, JP Morgan, JP Morgan Chase, MERS, MIN, MOM, opinions, Pool field, RBMG, securitized transactions, title policy, Wells Fargo Bank
Posted in bubble, Corruption, Eviction, securities fraud |