Archives by Tag ' securitization '
Mar 25, 2016

 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, […]

Mar 24, 2016

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 […]

Mar 23, 2016

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 […]

Mar 21, 2016

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 […]

Mar 18, 2016

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 […]

Mar 18, 2016

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 […]

Mar 16, 2016

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Mar 14, 2016

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Mar 11, 2016

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Mar 10, 2016

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