Archives by Tag ' WAMU '
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: When you actually READ the securitization documents, you will find, as I did, that all of them are quite disingenuous. They mislead the casual reader and even some careful readers who don’t understand what is actually being said. The prospectus says the investor is […]
CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Categorized | STOP FORECLOSURE FRAUD Internal emails indicate Deutsche Bank knew they were bankrolling toxic mortgages by Ameriquest and others iWatch In 2007, the report says, Deutsche Bank rushed to sell off mortgage-backed investments amid worries that the market for […]
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM SEE THE WHOLE COMPLAINT: FDICWAMU EDITOR’S NOTE: If the FDIC is right then many WAMU loans were not sold into the secondary market, at first. Chase probably did that when they acquired the portfolio. So the securitization profile is a little different and perhaps a lot different than the […]
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM conformedcomplaint “They focused on short-term gains to increase their own compensation, with reckless disregard for WaMu’s long-term safety and soundness,” the agency said in the 63-page complaint. “The F.D.I.C. brings this complaint to hold these highly paid senior executives, who were chiefly responsible for WaMu’s higher-risk home lending program, […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary REQUIRED READING 2.24.2011 Chase -Allstate-Complaint JUST LOOKING AT THE TABLE OF CONTENT WILL TELL YOU WHAT YOU NEED TO KNOW NATURE OF ACTION …………………………………………………………………………………………………….1 PARTIES ………………………………………………………………………………………………………………………..7 JURISDICTION AND VENUE ……………………………………………………………………………………….16 BACKGROUND ……………………………………………………………………………………………………………17 A. THE MECHANICS OF MORTGAGE SECURITIZATION …………………………………….17 B. SECURITIZATION OF MORTGAGE LOANS: THE […]
submitted by Barbara LPS DEPOS!!! http://stopforeclosurefraud.com/2010/12/18/full-deposition-transcript-of-lender-processing-services-scott-a-walter-part-2-steven-j-baum-p-c-o-max-gardner-us-trustee/ http://stopforeclosurefraud.com/2010/12/18/full-deposition-transcript-of-lender-processing-services-lps-scott-a-walter-part-1/ http://stopforeclosurefraud.com/2010/12/18/full-deposition-transcript-of-lps-greg-allen-mers-is-alive/ http://stopforeclosurefraud.com/2010/12/16/sff-bombshell-deposition-transcript-of-lps-fidelity-bill-newland/
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary SEE STOPFORECLOSUREFRAUD.COM Editor’s Note: I usually advise lawyers that from the very first word that opposing counsel utters, an objection ought to be raised, because it is all a lie. A “living lie.” From the moment he states his name and then says whom he […]
SERVICES YOU NEED * How Serious is the GMAC Problem? Pretty Serious and Not Just GMAC – 09/21/2010 – Yves Smith * Steve Keen: Deleveraging With a Twist – 09/21/2010 – Yves Smith Monday, September 20, 2010 Grayson Calls on Florida Supreme Court to Halt Foreclosures Representative Alan Grayson of Florida has asked the Florida […]
I like this post from a reader in Colorado. Besides knowing what he is talking about, he raises some good issues. For example the original issue discount. Normally it is the fee for the underwriter. But this is a cover for a fee on steroids. They took money from the investor and then “bought” (without […]
Submitted by Beth Findsen, Esq. in Scottsdale, Az Investors-suing-Chase-includes-list-of-mortgage-backed-securities-various-originators-like-New-Century-WAMU-Wells-Fargo-ResMae-Greenpoint-Coun One of the many things I find interesting in this lawsuit is that FINALLY the pretender lenders are at least being referred to as originators and not banks, lenders or any of the other things that had most people believing. Here too investors sue the rating […]


