Archives by Tag ' securitization '
Mar 30, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: The government maintains its complicity in the securitization scam. The mortgage bonds were fake instruments that created non-existent pools containing non-existent assets. The investment banks took the money, pocketed a large portion of it as fees and used the rest to fund mortgages that couldn’t work, but […]

Mar 30, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “The act’s emphasis on preserving homeownership was particularly vital to passage. Congress was told that TARP would be used to purchase up to $700 billion of mortgages, and, to obtain the necessary votes, Treasury promised that it would modify those mortgages to assist struggling homeowners. Indeed, the act expressly […]

Mar 30, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: That housing prices are continuing to fall is no surprise to anyone other than the “economists” who are mouthpieces for Wall Street and the government puppets that spout the spin — misdirecting attention from the fact that securitization of debt has been a giant illusion and that […]

Mar 29, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: This is the first in a series of articles that will be published concerning illegal bank activities in the United Kingdom. It would appear that the Judges are just as confused, if not more so, than they are here in the United States. I have interviewed a […]

Mar 29, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “The Minnesota attorney general, Lori Swanson, accused Encore of fraud, saying it had filed false affidavits to collect consumer debt that was not owed or had been already paid off.” HUGE POTENTIAL EFFECT ON FORECLOSURES EDITOR’S COMMENT: The significance here is not just that robo-signing was used, which violates […]

Mar 28, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITORIAL COMMENT: Just how many times do judges need to point out that the foreclosures are fraudulent? How many times do we need to see that the fraud in foreclosures might just be reflection of the fact that loans, notes and mortgages were fraudulent as well. The documents on […]

Mar 25, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: WISCONSIN COURT GETS IT: HEARSAY, PROOF, HOLDER NOT THE SAME AS CREDITOR, ETC. AFFIDAVIT THROWN OUT FOR LACK OF PERSONAL KNOWLEDGE. In short everything we have been saying here was followed by the Court. Expect more decisions like this coming from other states. In other words, false […]

Mar 25, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM MERS Tells Servicers to Stop Foreclosing in Their Name By: David Dayen Thursday February 17, 2011 7:04 am Since MERS is owned by the big banks, this has the effect of MERS telling itself to stop existing. But it’s quite significant. In a memo to its members (the member […]

Mar 25, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Posted on March 24, 2011 by Foreclosureblues Iowa Couple Owns Home After One Payment Due To Foreclosure Glitch Yesterday, March 23, 2011, 3:36:15 PM | DailyBail Facing foreclosure and fed up with the banks trying to take back your home? Well, a foreclosure loophole that helped an Ankeny, Ia., home construction worker […]

Mar 25, 2011

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Posted on March 24, 2011 by Foreclosureblues Caldwell Banker Mortgage messes with the wrong Soldier and gets SHOT DOWN IN FLAMES WITH 20 MILLION DOLLAR JUDGMENT. Yesterday, March 23, 2011, 2:00:28 PM | Foreclosure Defense Attorney Steve Vondran OUCH – BANKS MESSES WITH SOLDIER AND LOSES AT TRIAL!  CAN’T […]