Archives by Tag ' TILA audit '
Nov 26, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: OK the last round of stress tests was a PR stunt to assure the world that the US finance system was not falling apart when in fact it was and did fall apart and we are dealing with the cover-up phase […]

Nov 25, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HER Happy Thanksgiving from Florida’s Fourth District Posted on November 23, 2011 by Mark Stopa Florida’s Fourth District Court of Appeal issued two wonderful opinions today, just in time for Thanksgiving. In Duke v. HSBC Mortgage Services, LLC, the court reversed an order granting […]

Nov 25, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Blame the victim, blame the lawmakers, and now blame the regulators. I was expecting this. It’s an obvious move and it provides plenty of cover for virtual amnesty to the Banks by claiming the whole mess was the fault of the […]

Nov 25, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE MORE HOMEOWNERS WALKING AWAY FROM BAD DEAL “As more homeowners fall underwater, strategic default has become a bigger headache for mortgage lenders. A recent study by the MBA’s Research Institute for Housing America found that strategic defaults tend to cluster around homes already […]

Nov 24, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: As expected the foreclosure “reviews” are being done using outside “consultants” who have a lot to lose if the foreclosures, the mortgages, and the mortgage bonds were bogus.  Accounting firms certified the financial statements of dozens of banks holding these securities […]

Nov 24, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HER Submitted on 2011/11/22 at 7:31 pm Vacating a Foreclosure Judgment for Lack of Notice Posted on November 21, 2011 by Mark Stopa http://www.stayinmyhome.com/blog/2011/11/vacating-a-foreclosure-judgment-for-lack-of-notice/ I had a case today where the fact-pattern may seem unique, but I suspect it’s not. My client hired an […]

Nov 23, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “workers joked that bogus documents were being produced in the “art department.” “Supervisors’ behavior degenerated from vulgar to threatening, she claimed, when she started complaining about inflated property appraisals and other misconduct. Managers often forged borrowers’ signatures on loan documents and made up […]

Nov 23, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Sooner or later, these institutions an opportunity to both get their money and make some money in the resolution of these all-but-failed institutions. The answer is to make the mortgage bonds real and the way to do that is to make […]

Nov 23, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE I read and analyze everyday and the one thing that is becoming evident is that there are two streams of reporting on the wrongful foreclosures — the one that the Banks write and get published in places like Business Week (see below) and […]

Nov 22, 2011

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Put BOA on the endangered species list. The regulators entered into secret “MOU” in May, 2009 where the Bank was put on notice that it was operating without sufficient capital and that its management was not meeting standards of the industry. […]