NOW AVAILABLE ON AMAZON KINDLE!! Pursuit vs. UBS Drills Down to Real Benefits to Intermediaries While Real PARTIES — Investors and Homeowners — get the shaft UBS090909 This is a case of an investor suing the underwriter of the mortgage backed bonds purchased as “investment grade securities.” As we have pointed out on these pages […]

Tags: CDO, disclosure, discovery, flow of documents, follow the money, foreclosure defense, foreclosure offense, fraud, homeowner, investment grade securities, Investor, Lender Liability, Morelli, motions to compel, pattern of deception, predatory lending, Pursuit, Pursuit v UBS, securitization, Stamford Court, TILA audit, trustee, UBS
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s Note. The significance of this to those involved in foreclosure defense and offense is that the entire transaction is being laid out for us by the State investigations and lawsuits. The fraud was at both ends of the transaction — over-appraisal of the value, under appraisal of risk and outright deception and negligence in […]

Tags: auction rate securities, foreclosure defense, New York, UBS
Posted in Eviction |