MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE DIFFERENT LOAN SAME QUESTION: WHERE IS THE CREDITOR? Neil, To help the cause, I am sending this email to you. This morning, I read one of your blog posts regarding student loan securitization. In it, you stated: “If you borrowed money directly from […]

Tags: bankruptcy, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, LOAN MODIFICATION, modification, quiet title, rescission, RESPA, securitization, student loans, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE STUDENT LOAN BORROWERS IN SAME SHOES AS MORTGAGE BORROWERS We forget that the securitization mess does not only include unperfected mortgage liens. It applies to ALL consumer loans of every kind. Very few transactions for private student loans, credit cards, auto loans, credit […]

Tags: bankruptcy, borrower, countrywide, disclosure, foreclosure offense, fraud, LOAN MODIFICATION, modification, rescission, securitization, student loans, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |

If the government guarantee was waived in whole or in part, which I am sure is the case, then the rationale for non-dischargeability disappears. So I am suggesting that the assumption that the student loan is non-dischargeable should be challenged based upon the individual facts of your student loan. If it was securitized and it […]

Tags: Andy Winchell, bankruptcy, Citibank, Democrat, discharge, John Hupalo, Ny Times, Ron Lieber, Sallie MAe, Samuel ramirez and Company, Steve Cohen, student debt, student loans, tennessee
Posted in bubble, Corruption, expert witness, Modification, Motions, Pleading, securities fraud, Servicer |

Editor’s Note: Put simply this crisis will still be ongoing in 20 years. When you add the student loans that were securitized and which were “non-dischargable” in bankruptcy because of the government guarantee of the “risk” (which never existed because the risk was sold before the loan was ever funded, hence the guarantee should not […]

Tags: Alana Semuels, Arthur C. Nelson, bankruptcy, Christopher Leinberger, D.R. Horton, derivative, ghost towns, government guarantee, Hemet, Housing crisis, L.A. Times, McMansions, non-dischargable, risk, securitized pools, student loans, suburban communities, University of Utah, Willowalk
Posted in bubble, Corruption, Eviction, expert witness, securities fraud |

Editorial Comment: Actually the number is far higher. We compute it as around 45% when all is said and done. First of all there is consensus that property values are actually around 15% less than seller’s are asking. Second costs of selling the home makes up the rest, taking another 6-10% off the selling proceeds. […]

Tags: ASSOCIATIONS, auto loans, Bloomberg, borrowers, community banks, credit cards, credit unions, daniel Taub, investors, jingle mail, property values, securitized loans, strrategic defaults, student loans, TARP
Posted in bubble, Corruption, Eviction, securities fraud |

Common Sense Revisited: The current crises in reform of student loans, health-care, financial services, prisons, pharmaceuticals, and dozens of other things stalled on the table by an artificial definition of “majority” as 60% instead of 51% lies at the heart of our problem. It isn’t that one policy is right or another is wrong. The […]

Tags: common sense, Rothbard, securitized student loans, student loans, Von Mises
Posted in bubble, Corruption, Eviction, securities fraud |

Think about it. You are a taxpayer and your tax dollars are absorbing the “losses” associated with write-offs of your debts (mortgage, credit card, auto-loan, student loan etc.) whether you pay or not! The reason for the toxicity of those assets the government is eating up is NOT because of defaults, it is because the […]

Tags: auto loans, credit card debt, foreclosuer defense, foreclosure offense, student loans
Posted in Eviction |