For further information or assistance, please call 954-495-9867 or 520-405-1688 ————————————– See OWB CASE Buffington v USBank_MTD Denied incl FDCPA 28USDC AZ CAUTION: NOT ALL JURISDICTIONS ALLOW THE SAME CAUSES OF ACTION. CHECK WITH ATTORNEY WHO IS LICENSED IN THE JURISDICTION IN WHICH THE PROPERTY IS LOCATED. A Federal Judge upheld a Complaint against OneWest […]

Tags: affidavits • attesting • Daniel Edstrom • DTC-Systems • fabricating • false information • false sworn documents • foreclose • illicit business practices • improper statements • imp, and discharge, breach of contract, Fair Debt Collection Practices Act, fraud, negligence, negligence per se, payment, satisfaction, trespass to real property
Posted in Uncategorized |

Editor’s Comments on policy: Depending upon what Congress does between now and the end of the year the waiver of a tax on debt forgiveness as ordinary income will expire. My take is that it should expire and that at the same time the debt should be reduced by virtue of payments received or due […]

Tags: credit default swaps, Deny and Discover, forgiveness of debt, insurance, loan receivable, Obama, payment, taxation, tier 2 yield spread premium
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s Comment: At the heart of the entire scam called securitization was the abandonment — in fact the avoidance of repayment of the loans. The idea was to make bigger and bigger loans without due any evidence of due diligence, so that the “lender” could claim plausible deniability and more importantly, make a claim for […]

Tags: appraisal fraud, free house, GRETCHEN MORGENSON, ICP Capital, investment pools, lender, LTV, NYTimes, Payee, payment, perfected mortgage lien, REMIC, SECURED PARTY, SPV, Triaxx, underwriting fraud
Posted in bubble, Corruption, Eviction, securities fraud |

“What is surprising is the fresh evidence these cases are turning up of cockeyed mortgage practices, during both the boom and the bust. As these matters are adjudicated, perhaps we will finally learn whether these practices were intended or accidental.” — Gretchen Morgenson, NY Times Editor’s Analysis: Gretchen Morgenson has latched onto the key element […]

Tags: accounting, balance sheet, credit bid, Gretechen Morgenson, MERS, modification, Ny Times, payment, Ponzi, taxes on cancellation of mortgage and note
Posted in bubble, Corruption, Eviction, securities fraud |

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: Stopa’s article runs to the heart of the matter and it’s time WE faced the reality that payment, not magic, discharges what you owe. And the other reality is that if you try to win your entire case in preliminary hearings, […]

Tags: bankruptcy, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, LOAN MODIFICATION, modification, Obligation, payment, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “The Minnesota attorney general, Lori Swanson, accused Encore of fraud, saying it had filed false affidavits to collect consumer debt that was not owed or had been already paid off.” HUGE POTENTIAL EFFECT ON FORECLOSURES EDITOR’S COMMENT: The significance here is not just that robo-signing was used, which violates […]

Tags: borrower, consumer debt, Debt Collection Agency, default, disclosure, Encore Capital Group, false affidavits, foreclosure defense, foreclosure offense, fraud, Lender Liability, Lori Swanson, MERS, Minnesota, payment, predatory lending, rescission, robosigning, securitization, servicer
Posted in bubble, Corruption, Eviction, securities fraud |

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “This reminds me of when we were asking for assignments and indorsements on loans that were not behind in the payments and they couldn’t come up with it. We realized that the only time those documents surfaced was in litigation years after the supposed assignment […]

Tags: assignment'indorsement, creditor, endrosement, estoppel letter, ownership, payment, payoff, transfer
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s Note: The significance of this announcement is that the bondholders, who were insured directly by AMBAC (as opposed to the investment bankers who bought “bets” like credit default swaps) are receiving 25 cents on every dollar they funded as creditors for the funding of loan to homeowners (debtors/ borrowers). This supports and corroborates two […]

Tags: Ambac Financial Group Inc., Andrew Frye, appraisal fraud, Bloomberg, bondholders, credit default swaps, creditors, damages, debtors, default, discovery, foreclosure defense, forensic analysis, full accounting, HERS, insurance, Insurance Commissioner, Jody Shenn, Obligation, payment, principal reduction, Sean Dilweg, securitized residential mortgage
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s Comments: Everyone now has heard of credit default swaps but very few people understand what they mean and fewer still understand their importance in connection with the securitization of residential mortgage loans and other types of loans.The importance of understanding the operation of a CDS contract in the context of foreclosure defense cannot be […]

Tags: accounting, CDS, credit default swaps, creditor, DEBTOR, default, delinquency, downgrade, excess proceeds, loss reserves, non-payment, payment, pretender lender, TILA
Posted in bubble, Corruption, Eviction, securities fraud |

Until the past few months few lawyers, judges or legislatures ever considered the foreclosure process to be anything other than a ministerial process. What has now emerged in hundreds of cases across the country is the dismissal, many times with prejudice, of foreclosure actions because of fraudulent documents from the lender, payment in full on […]

Tags: foreclosure defense, introduction, payment, securitization
Posted in Eviction |