Editor’s Note: I am currently working on the issue of fiduciary duty, so I would appreciate receiving material from any of you that have submissions on the subject. There is an article in the Florida Bar Journal this month on this topic. “If a fiduciary has special skills or becomes a fiduciary on the basis […]

Tags: agent, assignments, attorney, borrower, close-out, fiduciary duty, Florida Bar Journal, Kammerer, Landers, loan originator, Mariani, Ny Times, recordable, REMIC, SIV, special skills or expertise, SPV, TARA SIEGEL BERNARD, TILA, trust, trustee, undisclosed fees and profits
Posted in bubble, Corruption, Eviction, securities fraud |

“Yet on a wholesale basis, Goldman Sachs and others not only had the inside information, they had created it. That is why Goldman started trading against the the interests of its clients to whom it was selling mortgage backed securities that were designed to fail” “Both the investor and the borrower would have understood that […]

Tags: credit default swaps, damaes, insider trading, investors, loan as security, rescission, SEC, undisclosed fees and profits
Posted in bubble, Corruption, Eviction, securities fraud |

CLICK HERE TO COME TO SANTA MONICA WORKSHOPS 9/3-9/4 necessary-and-indispensable-parties Dear Mario: Both you and Dawn brought up the question about the buy-back of certificates on asset-backed securities. Dawn feels there is added urgency since the investment banks are buying these back to settle claims of fraud coming from the investors who purchased them in […]

Tags: buyback, certificates on asset backed securities, foeclosure defense, tainted title, undisclosed fees and profits, worthless paper
Posted in Eviction |