The UCC is not ambivalent about protecting both the maker of a negotiable instrument and the party seeking to enforce it. The maker does not assume the risk of double liability except for instances where the note is purchased for value in good faith and without knowledge of the borrower’s defenses. In all other circumstances […]

Tags: ARTICLE 3, ARTICLE 9, negative amortization, negotiable instrument, TILA rescission, UCC
Posted in evidence, Pleading |

Take a look at the article (link below) which highlights the essential issues. It’s a bit choppy in reading but it makes the points you should consider as you plan your strategy for dealing with life over the next 10 years. Despite assurances from the administration and those on Wall Street who are trying to […]

Tags: Barclays, countrywide, foreclosure defense, Moody, negative amortization, predatory lending, TILA audits, Vacate foreclosure judgment, Wall Street, Wells Fargo
Posted in bubble, Corruption, Eviction, securities fraud |