Archives by Tag ' securitization '
A purchase and assumption agreement was not enough to prove JPMorgan Chase Bank N.A.’s legal standing in a foreclosure case before the Fourth District Court of Appeal. —————— Read more: http://www.dailybusinessreview.com/id=1202753997800/JPMorgan-Chase-Loses-Foreclosure-Case-at-Fourth-DCA-After-5-Debt-Sales#ixzz45ulLI8CB —————— For a description of our services click here: https://wordpress.com/post/livinglies.wordpress.com/32498 Group Session- 90 Minute Roundtable Discussion =========================== THE FOLLOWING ARTICLE IS NOT A LEGAL […]
The essential question I pose is this: if the student loan was table funded (and it does appear to me that they were, in many cases), then why is the originator/broker receiving the government guarantee and the exemption from discharge? By definition they didn’t loan any money to the student. It seems to me that […]
Click in to tune in at The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays More than 40,000 people listen to the Neil Garfield Show. Maybe you should too. =============================== Schedule A Consult Now! https://www.vcita.com/v/lendinglies to schedule, leave message or make payments. Fill out our registration form now https://fs20.formsite.com/ngarfield/form271773666/index.html?1453992450583 For further information […]
current trial court decisions are getting reversed because the courts are waking up to the reality of the rule of law. What they have been following is an off the books rule of “anything but a free house.” the Courts may think they are saving the financial system, the economy and our society from disintegration, […]
The entire foreclosure mess has been predicated upon one huge false premise — that by fabricating reams of paper, each one tied to the other or apparently tied to others, rights are suddenly created where none existed. This has never been the law but it suddenly has become the underpinning of most decisions in favor […]
Justice Rubin correctly anticipates the birth of a new black market industry — stealing debts as part of a larger scheme of stealing money. In the context of an industry already using dubious tactics to collect on debts they have acquired, the prevailing notions in the minds of most judges allows for the question “Why […]
The Banks called it “The Hustle”. So why is anyone thinking it was anything other than a hustle? Judges need to reconsider their positions. They need to make the choice between their false perception of a “free house” and a “get of jail free card.” The plain facts are that those so-called REMIC Trusts do […]
That is the question I am hearing from multiple people. My provisional answer is that in my opinion there is a strong argument for using it if the property has not been liquidated after the foreclosure auction. There might be a grey area while the property is REO and there might be a grey area […]
I don’t know how I missed this but 4closurefraud.com compiled a list of cases in which the banks lost. (See below) The basis on which they lost was simply the finding that the alleged Trust or Plaintiff did not own the debt, note or mortgage. This is the same as the San Francisco study that […]
Disclaimer: This article is for educational purposes only and does not constitute legal advice. Always consult with a licensed attorney in your jurisdiction. Updated Services for Homeowners and Attorneys We’ve revamped our offerings to better serve both homeowners and attorneys. Please take a moment to complete our FREE registration form so we can better understand […]
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