Starting last month, the mega banks began an aggressive campaign to avoid modification, settlements or principal reductions and seek foreclosures before they are forced to modify. Yes, we can help at livinglies, but the numbers are so high that there is no way we have the resources to help everyone. I am pitching in too, […]

Tags: Broward County, Collier County, Dade County, Laura Layden, Leon County, Orange County, Palm Beach County, RealtyTrac, www.naplesnews.com
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Tags: attorney general, bailouts, Daren Blomquist, foreclosures, RealtyTrac
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE STATED INCOME, STATED ASSETS (SISA) NO DOC ASSETS AND INCOME FOR THE BANKS: AS FALSE AS IT ALWAYS WAS EDITOR’S COMMENT: DICK DURBIN said it when the democratically controlled senate and house refused to even inquire about the real nature of the securitization illusion — “The […]

Tags: ASSETS, bailout, BALANCE SHEETS, Bank of America, bankruptcy, borrower, countrywide, credit crisis, creditor, Dick Durbin, disclosure, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, fraudulent foreclosures, Lender Liability, MEGABANKS, MERS, mortgage meltdown, RealtyTrac, rescission, RICO, securitization, TILA, TILA audit, trustee, Wells Fargo
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April 16, 2010 Editorial NY Times Fighting Foreclosures From the start, the central concern about President Obama’s antiforeclosure effort has been that it would postpone foreclosures but ultimately not prevent enough to ease the economic strain from mass defaults. That concern seems increasingly justified. In the first quarter of 2010, there were 930,000 foreclosure filings […]

Tags: BlackRock, JPMorgan Chase, RealtyTrac, Wells Fargo
Posted in bubble, Corruption, securities fraud |

The big jump indicates that many foreclosures that were in process in 2009 are now beginning to move to repossession and, eventually, auction. With more than four million homes in that pipeline, the foreclosure crisis shows no sign of abating. “There is an emerging consensus among financial experts and policy makers that the key to […]

Tags: Auction, Peter Goodman, principal reduction, RealtyTrac, repossession
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