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Tags: Barclay's Bank, CME, Department of Justice, derivatives, Euribor rates, Eurodollar, Financial Services Authority, LIBOR rates, origination of loan, OTC, The Economist, US Dollar, yves Smith
Posted in bubble, Corruption, Eviction, securities fraud |

the obligation created when the debtor entered the transaction may well be satisfied in whole or in part by the U.S. Taxpayer, insurers, or counterparties in credit default swaps. Wall Street attempts to frame the argument as giving a free house to the unworthy homeowner. The TRUE argument is what to do with all the […]

Tags: ban on foreclosures, Bank of America, contract, creditor, cross-collateralization, DEBTOR, FDIC, Fed, financial double jeopardy, Frey, FTC, Greenwich Financial, Mortgage, note, Ny Times, Obligation, OTC, over-collateralization, Streitfeld, taxpayer, title defects, title insurance, unmarketable title, Use of proceeds
Posted in bubble, Corruption, Eviction, securities fraud |

NOW AVAILABLE ON AMAZON KINDLE! THE PHONE RINGS. YOUR NERVES ARE JANGLED. YOU KNOW YOU ARE “LATE” IN YOUR PAYMENTS. PROBABLY ANOTHER COLLECTION CALL. FEAR COURSES THROUGH YOUR VEINS LIKE ACID TOGETHER WITH A RISING TIDE OF EMBARRASSMENT. SO HERE IS WHAT I HAVE TO SAY ABOUT THAT. First of all if you look up […]

Tags: collection, debt validation, Fed, FTC, illegal collection practices, OTC, Pressler, qualified written request, treble damages, usury, walk away strategy
Posted in bubble, Corruption, Eviction, securities fraud |