CHECK OUT OUR EXTENDED DECEMBER SPECIAL! What’s the Next Step? Consult with Neil Garfield For assistance with presenting a case for wrongful foreclosure, please call 520-405-1688, customer service, who will put you in touch with an attorney in the states of Florida, Tennessee, Georgia, California, Ohio, and Nevada. (NOTE: Chapter 11 may be easier than […]

Tags: asset pool, bankruptcy, BEAR STEARNS, cancelled check, check 21 receipt, Citibank, Citigroup, CitiTrust, Custodial account, Lehman, originators, Ponzi, proof of loss, proof of payment, REMIC, RMBS, SPV, taxation, trust account, trustee, wire transfer instructions, wire transfer receipt
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s Comments on policy: Depending upon what Congress does between now and the end of the year the waiver of a tax on debt forgiveness as ordinary income will expire. My take is that it should expire and that at the same time the debt should be reduced by virtue of payments received or due […]

Tags: credit default swaps, Deny and Discover, forgiveness of debt, insurance, loan receivable, Obama, payment, taxation, tier 2 yield spread premium
Posted in bubble, Corruption, Eviction, securities fraud |

This is not a legal opinion that you can rely upon and I don’t represent you nor have I looked at anything in your case. Check with an experienced tax lawyer or accountant and you’ll find loopholes large enough to move an ocean liner. The realtors are jumping up and down saying sell now or […]

Tags: debt forgiveness, taxation
Posted in bubble, Corruption, Eviction, securities fraud |

TAXATION OF SECURITIZED TRUSTS(2) For those litigators advanced enough in their knowledge of accounting and taxation, you will uncover here and upon closer search of this blog and other resources that a rich store of materials can be used to great effect in attacking the pretender lenders, but you really must know what you are […]

Tags: securitized trusts, taxation
Posted in Uncategorized |

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 |

When U.S. Bank comes in as Trustee for the the holders of series xyz etc., the use of the words Trustee and series certificates give it an air of legitimacy. But this is probably just another bluff. Reading the indenture on the bond (mortgage backed security) and the prospectus, you will see that the “Trust” […]

Tags: borrower, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, lost note, mortgage meltdown, predatory lending, REMIC, rescission, RICO, securitization, taxation, trustee
Posted in bubble, Corruption, Eviction, Modification, securities fraud, Servicer |

  While we love our contentious politics and passionately favor our pretty candidates, we lose sight of the fact that there is actually some work to do and that the policies that will get that work done are complex, filled with nuance, trapdoors and obstacles. Politics is well-suited to sound bites, but governance is far […]

Tags: bio diesel, energy policy, hybrid, plug-in hybrid, private taxation, return on investment, ROI, solar conversion, solar power, taxation, wind turbines
Posted in Corruption |