Matt Weidner reports that he went to court on a case where IndyMAc was the plaintiff. IndyMac was one of the first banks to collapse. It was found that they owned virtually zero mortgages and had “securitized” the rest which is to say they never loaned the money or got paid off by a successor. […]

Tags: Bank of America, Chase, Citi, creative criminals, indictments, INDYMAC, Matt Weidner, mortgage bond fraud, mortgage note fraud, Ponzi scheme, pretender lender, Wells
Posted in Corruption, evidence, expert witness, foreclosure mill, Modification, Motions, Pleading, Servicer |

“What policy makers are starting to realize is that the absence of prosecutions and regulatory action against these banks has produced a profound loss of confidence not only in the financial markets but in the leader of the financial markets (the United States) to control itself and its own participants in finance. It’s not just […]

Tags: Bank of America, business, Chase, Citi, economics, finance, principal, principal correction, principal deduction, restitution, Simon Johnson, too big to fail, Wells
Posted in bubble, Corruption, Eviction, securities fraud |

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 “The banks created the MERS system as an end-run around the property recording system, to facilitate the rapid securitization and sale of mortgages. Once the mortgages went sour, these same banks brought foreclosure proceedings en masse based on deceptive and fraudulent court […]

Tags: appraisal fraud, BOA, foreclosure fraud, FORECLOSURE SETTLEMENT, foreclosures, housing market, housing prices, investors, JPM, MERS, mortgage fruad, mortgages, settlement, strategic default, uaction fraud, Wells
Posted in bubble, Corruption, Eviction, securities fraud |

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “Everyone is cognizant of the fact that the banks will end up back in the lap of the government should there be a problem,” said Daniel Alpert, managing partner at Westwood Capital LLC, a New York-based investment bank. “What the ratings agency is […]

Tags: Bank of America Corp. (BAC), BOA, Citi, Citigroup Inc. (C), Goldman Sachs Group Inc. (GS), JPMorgan Chase & Co. (JPM), Morgan Stanley (MS), Wells, Wells Fargo & Co. (WFC)
Posted in bubble, Corruption, Eviction, securities fraud |

TOP READER PICKS FOR SERVICES AND PRODUCTS EDITOR’S NOTE: Discovery should include inquiries about MARS and Phoenix. See below. Inch by inch we get closer and closer. From a reader in litigation: I worked for Wells Fargo as an contractor. I was a computer programmer in the Frederick, md office. I also worked in the […]

Tags: HSBC, MARS, Master Servicer, MERS, Phoenix, Wells
Posted in bubble, Corruption, Eviction, securities fraud |