Archives by Tag ' securitization '
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SEE FULL ARTICLE ON HUFFINGTON POST by Jillian Berman More than four years into the housing crisis, and after millions of Americans have lost their homes, Federal Reserve Chairman Ben Bernanke is finally taking a stand. Bernanke sent a Federal Reserve paper to […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: Besides the ratings agencies, the main backstop against the fraud that was allowed to mushroom into a colossal meltdown were the auditors who simply didn’t do their jobs. If the MBS market for too difficult for them to understand, then neither […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT “I can tell you I wrote the rules. … I know what they say,” Gibbons said. “You’re supposed to produce these documents and prove ownership here. You can’t just blow off (that) certification means nothing. It means a lot. It means that these […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: The fraud is that they lied about the quality and legal status of the mortgages, as well as the quantity of the mortgages. They lied about what investors were getting. Prove that and you get two for the price of one. […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: It’s no secret. Homeowners who have been willing to take on the banks have been staying in their homes for years without making payments. They do it with letters and legal challenges of all sorts that make it difficult if not […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SEE FULL ARTICLE ON MORTGAGENEWSDAILY.COM The OCC is rolling out its first public service announcements to alert consumers about the Independent Foreclosure Review announced by it, the Fed, and the OTS in early November. The campaign follows the distribution of over 4 million letters […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT INVESTORS COMING OUT OF THE SHADOWS: BANKS’ WORST NIGHTMARE EDITOR’S ANALYSIS: For those who have followed this Blog for any length of time, this news will come as no surprise. Ultimately, the proof and the relief sought by homeowners will come from investors […]
I have surveyed homeowners regarding Loan Modifications and found that most of them not only would waive title and other deficiencies, but would settle for a principal amount due that is far in excess of what the property is worth, which is far in excess of the proceeds obtained through foreclosure. Yet the entire modification […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT The investors who purchased David Stern’s foreclosure mill have taken the extraordinary step of announcing publicly that they had been duped into buying a “criminal enterprise.” Obviously they didn’t want to get caught up in the dragnet of prosecutors looking for convictions. Nobody […]
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: This is the start of what we have been waiting for. Investors who purchased David Stern’s operation — a foreclosure mill that had been bank-rolled literally by the Banks. They actually have the necessary files, documentation and proof needed because they […]


