SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM ECONOMISTS SURPRISED — EXPECTED RISE EDITOR’S RANT: HOW STUPID DO YOU HAVE TO BE TO NOT KNOW THAT HOUSING IS IN THE TOILET AND GOING LOWER? They won’t fix foreclosures, they won’t fix title, they won’t help investors and they won’t help homeowners. They admit that housing drives the […]

Tags: bankruptcy, borrower, credit crisis, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, mortgage meltdown, predatory lending, rescission, securitization, William Stuntz
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: In a rare display of doing its job the federal reserve has now expressed some doubts about the balance sheet of Bank of America. The plain truth is that the assets are questionable for one or all of several reasons — the assets are fictitious, the assets […]

Tags: borrower, countrywide, disclosure, foreclosure, fraud, Lender Liability, mortgage meltdown, predatory lending, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM PRETENDERS TRYING TO TAKE OVER COURT SYSTEMS THROUGH LEGISLATIVE ACTION UNCONSTITUTIONAL? SO WHAT? WALL STREET, realizing it really doesn’t have a leg to stand on in Court and that an increasing number of decisions are going against them for simple, black letter law reasons, is attempting an end run […]

Tags: borrower, creditor, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, predatory lending, rescission, securitization
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Posted on March 23, 2011 by Foreclosureblues The Market Ticker – Oh Look, Handcuffs! Real Ones…. Yesterday, March 22, 2011, 2:07:00 PM | genesis Now this is a change…. Former FirstCity Bank executives Mark A. Conner, 44, and Clayton A. Coe, 41, each face conspiracy and bank fraud charges, the U.S. Attorney’s Office said in […]

Tags: bailout, Bank of America, borrower, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, Mortgage, predatory lending, rescission, securitization
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Posted on March 23, 2011 by Foreclosureblues Naming Names: Your Real Government Yesterday, March 22, 2011, 6:59:27 PM | noreply@blogger.com (Activist) When dark deeds unfold, point the finger in this direction. Dees Illustration Tony Cartalucci, Contributing Writer Activist Post This is your real government; they transcend elected administrations, they permeate every political party, and they […]

Tags: bailout, borrower, credit crisis, disclosure, Federal reserve, foreclosure, Lender Liability, mortgage meltdown, predatory lending, rescission, securitization
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Posted on March 23, 2011 by Foreclosureblues Fannie and Freddie Hiding Over $100 Billion of Losses? Today, March 23, 2011, 3 hours ago | Yves Smith Bank expert Chris Whalen has a little bombshell in his current newsletter. It’s so obvious that it should not only have occurred to me but pretty much everyone on […]

Tags: bailout, credit crisis, disclosure, Fannie, foreclosure, foreclosure defense, fraud, Freddie Mac, Lender Liability, Mortgage, mortgage meltdown, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GOVERNMENT IS PAID TO LOOK THE OTHER WAY EDITOR’S COMMENT: The U.S. Treasury is reported to own $4.6 TRILLION in mortgage bonds, which would make it the creditor in millions of homes that (a) have already been “foreclosed” (b) are in “foreclosure” or (c) going to be foreclosed. Yet […]

Tags: $4.6 TRILLION, bailout, borrower, Citibank, disclosure, Elizabeth Warren, foreclosure defense, foreclosure offense, fraud, Lender Liability, mortgage bonds, mortgage meltdown, predatory lending, rescission, securitization, U.S. Treasury
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM TRADING ACTIVITY CASTS DOUBT ON IDENTITY OF CREDITOR IN MORTGAGES EDITOR’S NOTE: A “windfall for taxpayers” — REALLY? The hype doesn’t match the facts. While the Fed and large financial institutions trade paper instead of solving our problems they are giving credibility to the so-called mortgage bonds based upon […]

Tags: BEAR STEARNS, Ben S. Bernanke, borrower, creditor, disclosure, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, mortgage meltdown, predatory lending, rescission, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM SEE THE WHOLE COMPLAINT: FDICWAMU EDITOR’S NOTE: If the FDIC is right then many WAMU loans were not sold into the secondary market, at first. Chase probably did that when they acquired the portfolio. So the securitization profile is a little different and perhaps a lot different than the […]

Tags: APR, borrower, disclosure, FDIC, foreclosure defense, foreclosure offense, fraud, Lender Liability, payment shock, predatory lending, rescission, securitization, WAMU
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM HOMELESS CHILDREN OF THE ECONOMIC HOLOCAUST EDITORIAL COMMENT: Like I said, we better be damned sure this is unavoidable. From my perspective and the perspective of economists with far greater credentials than my own, it is not only avoidable, it is both immoral and impractical with long-lasting effects on […]

Tags: borrower, CHILDREN UNDER POVERTY LEVEL, DEMOCRATIC UNDERGROUND.COM, disclosure, ECONOMIC HOLOCAUST, foreclosure defense, foreclosure offense, fraud, HOMELESS CHILDREN, Lender Liability, mortgage meltdown, predatory lending, rescission
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