The REMICS are mirror images of the NINJA loans — no income, no assets, no job the borrower did not realize that the false appraisal and other deficiencies in underwriting had shifted the risk of loss to the homeowner and the investors Editor’s Notes: Our economy and the economic structure in other countries is stuck […]

Tags: appraisal fraud, common law fraud, compensatory damages, deceptive lending, exemplary damages, Federal reserve, NINJA, Ponzi scheme, punitive damages, REMIC, RICO Fraud, risk of loss, TILA, treble damages, underwriting committee, underwriting standards, wrongful foreclosure, wrongful lending
Posted in bubble, Corruption, Eviction, securities fraud |

see how-to-negotiate-a-modification See Template-Lawsuit-STOP-foreclosure-TILA-Mortgage-Fraud-predatory-lending-Set-Aside-Illegal-Trustee-Sale-Civil-Rico-Etc Includes QUIET TITLE and MOST FEDERAL STATUTES — CALIFORNIA COMPLAINT See how-to-buy-a-foreclosed-house-its-a-business-its-an-opportunity-its-a-risk My statements here relate to general information and not legal advice. Generally we the vast majority of short-sales fail. Whatever the reason told to you, the real reason is that there is trouble amongst the ankle-biters on Wall Street and […]

Tags: damages, lender, modification, NINJA, rule of thumb, short-sale, SISA
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