We have come a long way in six years. Back in 2007 almost everyone thought that the mortgage bonds were valid instruments issued by a valid entity that owned valid mortgages. Now we have Reuters news service reporting that “home loans underlying securities were rotten from the start.” Thus we are crossing that line where […]

Tags: account receivable, appraisal fraud, auction fraud, bailout, Bank of America, Bloomberg, Chase Bank, commodities, disclosure, Federal reserve, foreclosure, foreclosure fraud, Reuters, securitization
Posted in Corruption, Eviction, evidence, Servicer |

SIX FORMER BOA EMPLOYEES TESTIFY THAT BOA MODIFICATION AND FORECLOSURE SPECIALISTS WERE PAID AND INSTRUCTED TO LIE TO HOMEOWNERS, PAID WITH GIFT CARDS IF THEY SUCCESSFULLY THREW THE HOMEOWNER INTO FORECLOSURE AND WERE DISCIPLINED OR FIRED IF THEY FAILED TO TURN OVER THE REQUESTS FOR MODIFICATION INTO THE RIGHT NUMBER OF FORECLOSURES. IF YOU WANT […]

Tags: Bed bath and beyond Gift Cards, BOA, Danielle Kelley, Garfield, Gwaltney, Kelley and White (GGKW), lying, Michelle Conlin and Peter Rudegeair, modifications, perjury, Reuters, reviews, Target gift cards, U.S. Economy, World Economy
Posted in Corruption, Eviction, evidence, expert witness, securities fraud, Servicer |

Click Now to Consult with Neil Garfield NOTE: For Legal Representation in Florida,  Ohio and California, please call our customer service number 520-405-1688 Editor’s Comment and Analysis: For those, like myself, frustrated with the pace of the investigation, we must remember that the convoluted manner in which money and documents were handled was intended to […]

Tags: Business News, Housing crisis, Investigation, JPMorgan Chase, Obama administration, Reuters, video, Wachovia, Wachovia Mortgage Investigation, Wachovia Wells Fargo, Wells Fargo, Wells Fargo Mortgage Investigation
Posted in bubble, Corruption, Eviction, securities fraud |

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “The same bankers are feeding the legal system with fraudulent and futile fabrications of documents for transactions that never existed, as loans were “securitized” but somehow never moved from their originators. Promissory notes failed to reveal the true terms of the deal just […]

Tags: bankruptcy, bear market, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, LOAN MODIFICATION, modification, quiet title, rescission, RESPA, Reuters, S&P 500, securitization, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |

SERVICES YOU NEED Somebody get me the complaint so I can post it here. Editor’s Note: AMBAC is one of the insurers of loan portfolios, like AIG. The insurance paid off when the Master Servicer declared the portfolio had “failed,” based upon standards that were set by the Master Servicer and Underwriter. The insurer had […]

Tags: AIG, Ambac Financial Group Inc., Bank of America, BOA, fraud, insurable interest, insurance, Jonathen Stempel, Peter Tomlinson, Reuters
Posted in bubble, Corruption, Eviction, securities fraud |

  By slowing down the progression of foreclosures in the courts, judicial sales and bankruptcies, states can effectively bring the fall of housing to a point of equilibrium where at least the opportunity will arise for recovery. It is distinctly possible, particularly with the effect of inflation and devaluation of the dollar, that the numbers […]

Tags: Green, Maryland, Ohio, Philadelphia, Reuters, Sheriff, Washington Post
Posted in bubble, Eviction |