GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: Here is our problem writ large. The commentary written by Shedlock (see below) is basically on the side of punishing the banks for their wrongdoing, but not giving any relief to borrowers. The logic behind the position is that anyone who does not pay […]

Tags: Appraisal, bailout, borrower, creditor, disclosure, Eviction, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, Lender Liability, MERS, predatory lending, rescission, RESPA, RICO, securitization, shedlock, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE MADIGAN ISSUES SUBPOENAS TO LPS, NationWide Title Clearing ; WIDENS ‘ROBOSIGNING’ PROBE FROM STOPFORECLOSURENOW.COM Chicago — Attorney General Lisa Madigan today expanded her investigation into “robosigning” practices, issuing subpoenas against two national mortgage servicing support providers. The subpoenas are the latest effort in Madigan’s ongoing probe […]

Tags: attorney general, borrower, chicago, creditor, disclosure, Eviction, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, foreclosures, fraud, fraudulent documents, Illinois, Lender Processing Services Inc., Lisa Madigan, LPS, MERS, nationwide title clearing, NTC, rescission, RICO, robo signers, securitization, Subpoena, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Where were they three years ago? Well it is still a good thing that the lead editorial connects the dots. The housing market is continuing to decline and it will continue as long as we regard the foreclosures as having any color of legitimacy. […]

Tags: bailout, credit crisis, disclosure, economy, Eviction, foreclosure defense, foreclosure offense, foreclosures, fraud, housing prices, MERS, mortgage meltdown, predatory lending, rescission, securitization, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “We are looking at a situation of up to $640 billion in wealth having been lost because of this wave of foreclosures that has hit the state,” Harris said, referring to the decline in homeowner equity. “There is a direct connection” between mortgage fraud “and the […]

Tags: borrower, countrywide, credit crisis, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, MERS, mortgage meltdown, securitization, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Harvey v Garbett, quiet title case in Draper Utah (1) The case was decided on procedural rather than substantive grounds, so citing to this case as proof that the homeowner is entitled to quiet title in the context of a securitized loan would not be right. […]

Tags: borrower, creditor, disclosure, Eviction, foreclosure, foreclosure defense, foreclosure offense, fraud, MERS, quiet title, rescission, securitization, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE The fact that the true creditor doesn’t want to collect from homeowners is not a good reason to allow someone else to collect it. — Neil Garfield FORECLOSURE CASE LAW – HSBC v. MURPHY, Maine Supreme Judicial Court, 2011 ME 59 (May 19, 2011) “AFFIDAVITS SUBMITTED […]

Tags: affidavit, bailout, Bank of America, bankruptcy, borrower, business records, competency of witness, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, hearsay, HSBC, MERS, quiet title, rescission, securitization, summary judgment, TILA audit, trustee, Wells Fargo
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S ANALYSIS: The passage below contains very valuable information. I want to focus on one simple fact — the “borrower” is not defined as some homeowner applying for a loan. The “borrower” is some sham entity that has been created by the investment bank, to create […]

Tags: bailout, Bank of America, bankruptcy, borrower, disclosure, Eviction, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, MERS, predatory lending, quiet title, rescission, RESPA, securitization, TILA audit, trustee, Wells Fargo
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE STATED INCOME, STATED ASSETS (SISA) NO DOC ASSETS AND INCOME FOR THE BANKS: AS FALSE AS IT ALWAYS WAS EDITOR’S COMMENT: DICK DURBIN said it when the democratically controlled senate and house refused to even inquire about the real nature of the securitization illusion — “The […]

Tags: ASSETS, bailout, BALANCE SHEETS, Bank of America, bankruptcy, borrower, countrywide, credit crisis, creditor, Dick Durbin, disclosure, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, fraudulent foreclosures, Lender Liability, MEGABANKS, MERS, mortgage meltdown, RealtyTrac, rescission, RICO, securitization, TILA, TILA audit, trustee, Wells Fargo
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE In the S&L scandals more than 800 bankers went to jail, why not now? EDITOR’S ANALYSIS: As you read the article below regarding NovaStar Financial, think about buying the book it came from. Gretchen and Joshua have spent a lot of time not just taking notes […]

Tags: bailout, Bank of America, disclosure, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, fraud, GRETCHEN MORGENSON, JOSHUA ROSNER, Lender Liability, MERS, mortgage meltdown, NovaStar Financial, predatory lending, Reckless Endangerment, rescission, securitization, TILA audit, Times Books, trustee, Wells Fargo
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE see www.housingwire.com for full story. EDITOR’S NOTE: When the walls start to crumble as they are at Goldman, BOA, Citi and Chase, the biggest fear that emerges is who is going to “flip” and turn into the prosecution’s star witness. Then the race starts to be […]

Tags: borrower, creditor, disclosure, discovery, Eviction, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, Goldman Sachs, quiet title, rescission, securitization, TILA audit, trustee
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