Archives by Tag ' mortgage fruad '
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 by Ken Dost The standard language in a Fannie Mae and Freddie Mac Uniform Security Instrument or more commonly known as the ‘Deed of Trust’ that millions upon millions of people signed contains the following: “MERS” is Mortgage Electronic Registration Systems, […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S ANALYSIS: The race is on. Homeowners are sitting on an asset — their signature — that has gone up in value 35X thus far from $1,000 to $35,000. The REAL STORY is that the Banks and servicers need to find […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 136 Count Indictment EDITOR’S COMMENT: At least one Attorney General has seen the light, bringing in an indictment for forgery against DOCx, LPS, and individuals in management, citing the simple statement from an $11 per hour employee that the scope of […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EMERGENCY- FLORIDA (un)Fair Foreclosure Act On The Move! February 6th, 2012 | Author: Matthew D. Weidner, Esq. It looks like the Florida House of Representatives will move on Wednesday, February 8 to hear the Florida (un)Fair Foreclosure Act. The bill number […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S COMMENT: High priced homes are coming onto the auction block at an increasing pace. The homes were in many cases falsely valued and now are appraised at huge discounts (call that losses) from the purchase price or last refinance. As […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S COMMENT: As each day goes by we see increasing evidence that nothing about this mortgage mess was a surprise for those who were involved in it. I remember when I was on Wall Street. Everyone knows everything. And whatever the […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S COMMENT: The probabilities of a settlement are rising. The $25 Billion settlement actually settles very little but it probably will suffice for the vast majority of homeowners who were displaced wrongfully by foreclosure. This is not because they are getting […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 http://www.secinfo.com/$/SEC/SEC.asp?D=14D5a.u8545 FREDDIE MAC & FANNIE MAE (GSE) PORTAL (CLOUD) Approved Vendor List 7/19/2011 UNIFORM MORTGAGE DATA PROGRAM UNIFORM DATA COLLATERAL Definition of a UDC Document File ID ’1100000A2D’ File Identifer listed inside of CTS-Link Remitter & Collateral Files links Appraisal submissions […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S NOTE: We keep climbing, bit by bit. We are now at 34. When we started we were off the charts, and I don’t mean that in a good way. The “over the top” characterization of our resources, articles and information […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 “The Fraud of Our Lifetime” Robert D. Drain, a federal bankruptcy judge in the Southern District of New York, said in court last month that the failure of the mortgage industry to deal with pervasive problems involving inaccurate documentation and improper […]
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