MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: When I raised this issue some years back, most lawyers thought I was stretching for a technicality. But in fact the lack of authority to represent a forecloser in litigation lies at the core of the “plausible deniability” defense that the […]

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

MBIA V CSFB-DLJ Here you have a lawsuit that corroborates everything we have been telling you on Livinglies PLUS an example of how to use the third party report of an expert in pleadings. The content of the lawsuit is a clear explanation of the securitization process — the catch is that these are not […]

Tags: Credit Suisse, DLJ, FORMS, fraud, insurance, MBIA, plausible deniability, pools, real lender
Posted in bubble, Corruption, Eviction, securities fraud |

If you dig deep enough you will find that it wasn’t hard for regulators to figure out that we were heading for a “shock.” It wasn’t hard to figure out that there were abuses traveling downline to borrowers and upline to investors. And it wasn’t hard to figure out that the securities issued at both […]

Tags: ABS, CDO managers, default, derivatives, loans, plausible deniability, risk, subprime, tranche
Posted in Eviction |

It is startling to see how little anyone knows about the mess we are in. First they don’t understand how bad this is going to get. Second they don’t understand how it happened because they don’t understand the financial system. And third, they have no clue how to prevent this from happening again. They don’t […]

Tags: borrower, disclosure, insurers, lender, MasterCard, plausible deniability, rating agencies, Visa
Posted in bubble, Corruption, Eviction, securities fraud |