CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW CLICK HERE TO RESERVE GROUP RATE AT HILTON SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Prices “Marked Up” 70% Over Values Shown on Books If Investor-lenders got their money back from the investment banker, then where is the debt from the home borrower (if the creditor is […]

Tags: bailout, borrower, disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, predatory lending, quiet title, rescission, securitization, TILA audit, trustee, Wells Fargo, yield spread premium, YSP
Posted in bubble, Corruption, Eviction, securities fraud |

CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: Amazing how our culture has been one of “entitlement.” No I’m not talking about social security, medicare or medicare, or fire departments, police departments or teachers. I’m talking about the fees that mortgage brokers have been paid to […]

Tags: APR, borrower, creditor, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, mortgage brokers, predatory lending, rescission, RICO, securitization, TILA audit, yield spread premiums, YSP
Posted in bubble, Corruption, Eviction, securities fraud |

A YIELD SPREAD PREMIUM IS A FEE PAID TO A BROKER FOR CREATING A FRAUDULENT PROFIT BY LYING TO THE CUSTOMER WHO BUYS A FINANCIAL PRODUCT. This particular lie would be about the rate on the loan. One would think this was already illegal and one would be right. Not only is it specified in […]

Tags: David Streitfeld, fraud, RICO, TILA, yield spread premium, YSP
Posted in bubble, Corruption, Eviction, evidence, expert witness, foreclosure mill, Modification, Motions, Pleading, securities fraud, Servicer |

APPRAISAL FRAUD IS THE ACT OF GIVING A RATING OR VALUE TO A HOME THAT IS WRONG — AND THE APPRAISER KNOWS IT IS WRONG. This can’t be performed in a vacuum because there are so many players who are involved. They ALL must be complicit in the deceit leading to the homeowner signing on […]

Tags: access to the information, Appraisal, appraisal company, appraisal fraud, builder, closing agent, credit cards, deceitful lending practices, developer, errors and omissions insurance, fair market value, false appraisal, fees, fraud, HERS, insurance, kickbacks, lenders, MORTGAGE BROKER, profit, rating, reabtes, Reg Z, TILA, title agency, trustee, Truth in Lending Act, value, verification, yield spread premium, YSP
Posted in Uncategorized |

Editor’s Notes: They are STILL doing it. This report clearly shows that the main players are still packaging sub-prime loans (which most people would define as loans likely to fail). The reason is money. The higher the spread the higher the yield spread premium. These YSP’s are still not reported to borrowers. They are hidden […]

Tags: alternative-A credits, American General, Asset Backed Alert, cause of action, DEUTSCHE BANK, Harrison Scott Publications, HERS, pattern to withhold information, RBS, statute of limitations, subprime-mortgage securitizations, Subprimes, toxic assets, yield spread premium, YSP
Posted in bubble, Corruption, Eviction, securities fraud |

The value added tax (VAT) has been around for decades in other countries. It is predicated on the  idea that ALL people should share in the cost of government. The way it works (see below) is that the government picks up 10% (for example) of each stepof the production and sales process. It is normally […]

Tags: aggregator pool, fraud, income taxes, mortgage bonds, Selling Agent, shell game, SPV, SPV pool, trust, VAT, Wall Street, Yielde Spread Premium, YSP
Posted in bubble, Corruption, Eviction |