Referring to the default as real, but with an explanation of how it is subject to rationalization or argument, completely undermines your argument that they have no  right to be in court, to collect, to issue notices or initiate foreclosure.  …when you refer to the default, you should refer to it as a false claim […]

Tags: BoNY-MELLON, default, Deutsch, notes, principal, recovery, security, transfer, TRUTH, US BANK
Posted in Corruption, evidence, Fabrication of documents, foreclosure mill, Servicer |

The bottom line is that the loans themselves were fatally defective in terms of the loan documents. The money was delivered but not by the named “lender” nor anyone in privity with the named lender. At all times nearly all of the loans were in actuality involuntary direct loans from investors who had no knowledge […]

Tags: FIRREA, housing, principal, TRUTH
Posted in Corruption, discovery, evidence, Fabrication of documents, Servicer |

Servicers are creating the illusion of defaults by manipulating the escrow accounts even when no escrow account exists. So even where there is no agreement for the “lender” to maintain an escrow account, they will create one anyway and engineer circumstances to make it seem like a default occurred not just in the “escrow account” […]

Tags: Engineered Default, escrow, forced placed insurance, interest, Manipulation of Escrow, PITI, principal, taxes
Posted in Uncategorized |

“What policy makers are starting to realize is that the absence of prosecutions and regulatory action against these banks has produced a profound loss of confidence not only in the financial markets but in the leader of the financial markets (the United States) to control itself and its own participants in finance. It’s not just […]

Tags: Bank of America, business, Chase, Citi, economics, finance, principal, principal correction, principal deduction, restitution, Simon Johnson, too big to fail, Wells
Posted in bubble, Corruption, Eviction, securities fraud |

In a statement shortly after he sued JPMorgan Chase, Mr. Schneiderman [Attorney general, New York state] said the lawsuit was a template “for future actions against issuers of residential mortgage-backed securities that defrauded investors and cost millions of Americans their homes.” CHECK OUT OUR EXTENDED DECEMBER SPECIAL! What’s the Next Step? Consult with Neil Garfield […]

Tags: Bear Sterns, cooking the books, DEXIA, Eric T. Schneiderman, fraud against homeowners, fraud against investors, interest rates, JP Morgan Chase, Libor, principal, residential mortgage-backed securities, TARP, WAMU
Posted in bubble, Corruption, Eviction, securities fraud |

TOO BIG TO GO TO JAIL?!? YOU MUST SEE THIS REPORT: Banks “Losing” Mod Applications Same as the Notes For information on seminars and legal representation in Northern California please call our customer service line at 520-405-1688. Neil is now directly involved in assisting the attorneys plead an script these cases. A new seminar in […]

Tags: agent, Dan edstrom, principal, servicers, trustee
Posted in bubble, Corruption, Eviction, securities fraud |

Dan Hanacek, who will be at the conference in Emeryville tomorrow, and Charles Cox can be reached through our customer service number 520-405-1688. Dan is a lawyer with whom I am engaged in mentoring and resourcing in Northern California cases and Charles helps people all over the country. The tide is turning. The basic principles […]

Tags: agent, assignment, mortgages, notes, Notice of Default, Notice of Sale, principal, recording, TRUSTEES
Posted in bubble, Eviction |

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: THIS SUBMISSION FROM NJ CONSUMER IS A LITTLE DIFFICULT TO BREEZE THROUGH, BUT IT CONTAINS GOOD RESEARCH AND GOOD QUESTIONS. At least one point emerging from all this information is that the basic concepts of default, performing loans and non-performing loans […]

Tags: Bad Debt Reserve, bankruptcy, bonds, borrower, collection agency, countrywide, Cross Default, Debenture Redemption Reserve, Default Risk, derivatives, disclosure, Fixed Income, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, futures, Leveraged Loan, LOAN MODIFICATION, modification, Non-Performing Loan, Personal FinanceRelated Terms, principal, quiet title, Redlining, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |

TURNING A DEFENSE INTO AN AFFIRMATIVE DEFENSE FOR SET OFF AND A CLAIM OR COUNTERCLAIM FOR DAMAGES AND ATTORNEY FEES So the question is how would you allocate third party payments and what difference will that make to a Judge hearing the case. ASSUMPTION: XYZ Investment Banking Holding company has received a total of $50 […]

Tags: Allocation of Third Party Payments, appraisal fraud, default, FICO, HERS, identity theft, Mortgage, note mortgage, Obligation, payments, principal, securities fraud
Posted in Corruption, expert witness, foreclosure mill, Modification, securities fraud, Servicer |

33-801. Definitions In this chapter, unless the context otherwise requires: 1. “Beneficiary” means the person named or otherwise designated in a trust deed as the person for whose benefit a trust deed is given, or the person’s successor in interest. [Note that this does not include a nominee like MERS. There is a reason for […]

Tags: agency, ARIZONA, Arizona statutes, beneficiary, credit bid, DEED OF TRUST, judicial sale, MERS, nominee, NON-JUDICIAL SALE, principal, UNDISCLOSED PRINCIPAL, VIOLATION OF STATUTE, VOID, VOIDABLE
Posted in Corruption, Eviction, securities fraud |