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Tags: Blomberg, citizens united, Cullen Roche, JP Morgan, Massachusetts Supreme Court, McMansion, MERS, misunderstanding banking, money, Pragmatic Capitalism, regulation, US economy
Posted in bubble, Corruption, Eviction, securities fraud |

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment:  The article below was written by David Malone of the Golem XIV: Author of the Debt Generation, website, and was submitted to this blog by ELLEN BROWN Ellen is an attorney and the author of eleven books, including Web […]

Tags: bailout, barter system, borrower, central bank, credit risks, debt into money, Federal reserve, global finance, lien, money, Mortgage, predatory lending, promissory note, securitization, The Shadow Banking Machine
Posted in bubble, Corruption, Eviction, securities fraud |

Wells Fargo Bank, N.A. appears in many ways including as servicer (America Servicing Company), Trustee (although it does not appear to be qualified as a “Trust Company”), as claimed beneficiary, as Payee on the note, as beneficiary under the title policy, as beneficiary under the property and liability insurance, and it may have in actuality […]

Tags: 120 East Fourth Street, 2010, 2855 Elm Street, 419-228-2091, 419-229-3786, 45201-5480, 45202, 45801, 45805, 513-241-3100, 513-241-4094, 620-624 N. Main stree, agency agreement, agency authority, America Servicing Company, American Home Mortgage, appearance of propriety, as trustee, Assistant Secretary, bank charter, beneficiary, Cincinnati, co-underwriter, commercial bank, conveyance of a percentage ownership in the pool, creditor, DD615990, Depositor, documentation, Florida Notary, foreclosure, funds were advanced, HERS, HOLDER, holder of the note, homeowner, indenture, investment bank, Irving, JP Morgan Chase Bank, Kathy Smith, lender, LERNER, Lima, Linda Bayless, money, MORTGAGE BROKER, N.A, N.A Trustee, November 19, Obligation, Oh, Ohio, Option One, Option One Mortgage, Option One Mortgage Loan Trust, Option One Mortgage Loan Trust 2007-6 Asset Backed Certificates, P.O. Box 5480, P.O. Box 631730, Payee, pooling and service agreement, presumption, property and liability insurance, Prospectus, repayment of principal non-recourse, Robert B. Blackwel, SAMPSON & ROTHFUSS, securities underwriter, securitization chain, securitized loan, Series 2007-6, Suite 200, Suite 800, Susana E. Lykins, Texas, title policy, trust, Wells Fargo, Wells Fargo Bank
Posted in bubble, Corruption, Eviction, expert witness, foreclosure mill, securities fraud, Servicer |

Maher Soliman and Steve Kop have hit the nail on the head. The only grey area that needs to be explored is the same cinfused mess that started this. The SPE is a conduit by definitition. It is a REMIC. That means it does NOT own the mortgages and notes and it does not own […]

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

The McCain-Clinton gas holiday proposal is a perfect example of what energy expert Peter Schwartz of Global Business Network describes as the true American energy policy today: “Maximize demand, minimize supply and buy the rest from the people who hate us the most.” Good for Barack Obama for resisting this shameful pandering.   April 30, […]

Tags: Clinton, energy, Gas Tax, Global Business Network, McCain, money, Obama, oil, Peter Schwartz
Posted in bubble, Corruption |

The latest change in Fed policy sounds good. You get that warm fuzzy feeling that credit will loosen up and that things are getting better. But the fact remains, that this is ANOTHER transfer of the power to create money to the PRIVATE sector, it is another green light for PRIVATE TAXATION, and worst of […]

Tags: asset backed securities, banking, Federal reserve, inflation, money, private taxation, TAF, transfer of wealth
Posted in bubble, Corruption |

Mortgage Meltdown: Cat Writes: cat All good but why would I want to keep paying on a house that I owe $450,000 that is only worth $325,000 at best. From HUD RELEASES TIPS FOR AVOIDING FORECLOSURE, 2008/04/22 at 9:42 PM EDITOR’S RESPONSE: THERE ARE ONLY TWO REASONS YOU WOULD WANT TO HOLD ONTO THE HOUSE — MONEY […]

Tags: HUD, jingle mail, money, mortgage payments, stress
Posted in bubble, Eviction |

  Commentary Choosing Recession Lakshman Achuthan and Anirvan Banerji 04.21.08, 6:00 AM ET    The 2008 recession guarantees many months of job losses that will boost foreclosures and feed the credit crisis. But if fiscal stimulus had reached consumers quickly, it would have forestalled a recession, helping to stabilize the housing market. Such a soft landing […]

Tags: Federal reserve, money, recession
Posted in bubble, Eviction |

THE BOTTOM LINE: YOU HAVE RIGHTS AND YOU SHOULD EXERCISE THEM. DON’T TAKE THIS NONSENSE LYING DOWN. GO TO YOUR ATTORNEY GENERAL OR WHATEVER AGENCY PROTECTS CONSUMER RIGHTS AND LET THEM BATTLE IT OUT. GO TO THE BANKING COMMISSION IN YOUR STATE AND LET THEM BATTLE IT OUT. THAT MERELY MEANS BORROWING FROM THE WORDS […]

Tags: costs, fees, interest, money, points, TILA
Posted in bubble, Eviction |

U.S. economy in ‘very difficult period,’ Bernanke says By Greg Robb Last update: 9:30 a.m. EDT April 2, 2008 WASHINGTON (MarketWatch) – The outlook for U.S. growth has worsened since January and the possibility of a recession can’t be ruled out, Federal Reserve Chairman Ben Bernanke said Wednesday. “It not appears likely that real gross […]

Tags: Bernanke recession, consensus, counterfeit, credit cards, depression, money, Obama
Posted in bubble, Corruption, Eviction, securities fraud |