COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Foreclosure Mills Get Rich With Fraudulent Foreclosures EDITOR’S NOTE: In my opinion, for the reasons stated below, the policy of rejecting short-sales and proceeding with foreclosures creates a greater loss for the bank’s earnings statement, a decrease in the actual capital structure, and therefore constitutes […]

Tags: short sales
Posted in bubble, Corruption, Eviction, securities fraud |

As some of you knew or probably have guessed, livinglies is a lightening rod for information. We have posts like the one below on the comments and emails sent with details that are neither for attribution or publication. In addition, several people in sensitive government positions use livinglies as a method of getting the real […]

Tags: anonymous, assignment with knowledge, Bernanke, receivables, REMMIC, short sales, transfer of wealth
Posted in bubble, Corruption, Eviction, evidence, expert witness, Modification, securities fraud |

Investment banks bundled mortgage loans into securities and then often rebundled those securities one or two more times. Those securities were given high ratings and sold to investors, who have since lost billions of dollars on them. Editor’s Note: The significance of this report cannot be overstated. Not only did the investment bankers LOOK for […]

Tags: accounting, Bank of America, BofA, bundled, BURDEN OF PROOF, Charles Koppa, Citigroup Inc, Countrywide Home Loans, damages, Deutsche Bank AG, Fitch ratings, Goldman Sachs, GRETCHEN MORGENSON, guaranteed to fail, injunction, JP Morgan Chase, Louise Story, Merrill Lynch, modifications, Moody's Investor Service, prima facie case, rebundled, securitization, short sales, Standard & Poor's, Substitute Trustee, The New York Times, yield spread premium
Posted in bubble, Corruption, Eviction, expert witness, foreclosure mill, Modification, securities fraud, Servicer |

Editor’s Comment: Any lawyer who does not think that issues relating to foreclosure will not dominate his or her practice of law is in a state of denial and delusion. The 16% drop in new home-sale contracts (see article below) means a similar or worse drop in sales over the next 30-60 days. As we […]

Tags: ARIZONA, creditors, deficiency, FICO, home values, homeowner, inflated mortgages, lenders, mortgage modification, National Assocation of Realtors, principal reduction, short sales
Posted in bubble, Corruption, Eviction, securities fraud |

NOW AVAILABLE on KINDLE/AMAZON The Emperor\’s New Clothes: THOSE FORECLOSURES ARE NOT REAL FOLKS, GET IT? 1-in-10-u-s-mortgage-delinquencies-reach-a-record-high-going-up The Emperor is still strutting around as though he was fully clothed in the best silk, color and design. Wall Street is still the darling of government and a whole lot of other people, even if it was […]

Tags: AIG, bankruptcy, credit default swaps, emperor's new clothes, foreclosures, investors, lending, mortgage modification, mortgage pools, mortgages, settlement, short sales, source of funding, taxation, Wall Street
Posted in bubble, Corruption, Eviction, securities fraud |

AVAILABLE ON KINDLE/AMAZON Editor’s Note: While the media, Wall Street and government sources try to placate us, there are inescapable truths right now and inescapable consequences right around the corner. Other than people who own their home outright or who are relatively close to that point, nearly every homeowner in America has several problems: (1) […]

Tags: borrower, delinquencies, foreclosure defense, foreclosure offense, home prices, LOAN MODIFICATION, median income, Mortgage, mortgage meltdown, Ny Times, securitization, short sales, voluntary abandonment
Posted in bubble, Corruption, Eviction, securities fraud |

So the only way you can protect yourself in a short sale or modification is to either deal with the real parties in interest, or to get indemnification from the party offering to accept the short sale or modification AND a new title policy that does not state exceptions to the securitization process. In order […]

Tags: foreclosure defense, foreclosure offense, modifications, securitization, short sales, title agent, title insurance
Posted in bubble, Eviction |

The government’s role in this mess has been abdicated to people running agendas that are based on narrow self-interest. One could argue that if the Federal Reserve window was swung open for investment banks to borrow at Fed Funds rates using worthless securities based upon assets (residential real estate), that the same window should be […]

Tags: deficiency judgment, foreclosure offense, mortgage lenders, short sales, title companies, title issues
Posted in Eviction |

People ask me, will they really settle? Of course the question is from borrowers and they are asking if they can actually do something about the millions of foreclosures, default cases and upside down equity cases totaling more than 10 million homes in the U.S. alone. The answer is yes, especially now — because the […]

Tags: credit crisis, DEED IN LIEU, Fed, FINANCIAL MARKETS, foreclosure defense, FORECLOSURE SETTLEMENT, FOREIGN COLLATERAL, mortgage meltdown, short sales
Posted in bubble, Eviction |

  Mortgage Meltdown: Strategies for Defense and Settlement: Short Sales   Borrowers, whether they are in foreclosure or not, are advised to write letters to their lenders claiming violations of law and their closing documents. The various causes of action and the advice to get an “audit” done of your loan have been detailed here […]

Tags: audit, borrowers, fair market value, lenders, loan, short sales, TILA
Posted in bubble, Eviction |