Posted on June 30, 2010 by Neil Garfield
by Morgan Skinner, KCSG News Notice of Appeal Filed – Stay of Court Order to Vacate Injunction Stopping Bank of America Foreclosures in Utah Requested by Morgan Skinner, KCSG News1 day 14 hrs ago | 511 views | 0 | 8 | | 10th Circuit Court, Denver (USC/photo)slideshow (St. George, UT) – A Notice of [...]
Filed under: foreclosure | 16 Comments »
Posted on June 29, 2010 by Neil Garfield
HUGE PRIVATE LAWSUITS FOR TAX EVASION BY SECURITIZATION PLAYERS: Totaling more than $3 billion between just three states and probably more, my estimate is that these cases will succeed and that they will lead to settlements that will dwarf the Tobacco settlements. California Qui Tam False Claims Recording Fees Nevada Qui Tam Nevada Qui Tam [...]
Filed under: CASES | 31 Comments »
Posted on June 29, 2010 by Neil Garfield
ARTICLE BY MATT WEIDNER INFORMATION ABOUT FORECLOSURE ATTORNEY IN FLORIDA IS POWERFUL EVIDENCE OF FORECLOSURE MONEY MOVING OFF-SHORE Posted on June 27, 2010 by WWW.Foreclosureblues.WORDPRESS.COM SHOCKING- MIND BLOWING INFORMATION ABOUT FORECLOSURE MILL DAVID J STERN We have long suspected that much of the mountains of fraudulent mortgage securitization money, including 3rd party payments, undisclosed yield [...]
Filed under: CORRUPTION | 43 Comments »
Posted on June 28, 2010 by Neil Garfield
By Collete McDonald Editor’s Note: Ms. McDonald hits the nail on the head with this article. You should incorporate it word for word in any relevant memoranda. Why is this important? Because most of the “notes” (assuming they were the real notes and were timely indorsed and not back-dated) are presented as having been indorsed [...]
Filed under: CDO, evidence, foreclosure, foreclosure mill, GTC | Honor, HERS, Investor, Mortgage, Pleading, STATUTES, trustee | Tagged: assignment, Collete McDonald, conditions, indorsement, legal title, negotiable instrument, PSA, UCC, UCC § 3-414(1)., without recourse | 40 Comments »
Posted on June 28, 2010 by Neil Garfield
Freddie Mac / Bank of America / Taylor Bean Whitaker – IMPORTANT INFO & STATEMENT REGARDING ASSIGNMENTS… TRANSFERS… NOTE OWNERSHIP!!! Today, June 21, 2010, 31 minutes ago | Foreclosure Fraud “Indeed, it appears as though many loans and other mortgage-related assets have been double and even triple-pledged to various constituencies“ 6 21 10-Freddie-Objection-to-Boa-in-Re-Taylor-Bean-amp-Whitaker-Mortgage-Corp1 6 21 [...]
Filed under: foreclosure | 21 Comments »
Posted on June 27, 2010 by Neil Garfield
JUDGE DISMISSES FORECLOSURE FILED BY AURORA IN FIVE PAGE WRITTEN OPINION CITING ANTI-MERS CASES FROM ACROSS UNITED STATES June 15, 2010 Editor’s Note….This decision is directly on point and this strategy has the potential to sway the entire foreclosure pendulum in favor of the homeowner, in order to obtain the leverage needed to force a [...]
Filed under: foreclosure | 11 Comments »
Posted on June 26, 2010 by Neil Garfield
Face to Face With Polished Wall Street Psychopathy Posted on June 25, 2010 by Foreclosureblues Editor’s Note…Now here is something you won’t see in the mainstream media. http://foreclosureblues.wordpress.com/ Tom Adams: Face to Face With Polished Wall Street Psychopathy (SEC Says that ICP Stole from My Old Company Edition) Today, June 25, 2010, 8 hours ago [...]
Filed under: foreclosure | 2 Comments »
Posted on June 26, 2010 by Neil Garfield
by Jacob Goldstein 3-signs-housing-s-getting-weaker?sc=nl&cc=pmb-20100622 After bottoming out in the first half of ’09, the housing market made something of a comeback late last year. The comeback was stoked in part by public subsidies for the housing market. Now, key pieces of those subsidies are winding down — namely, the Fed’s purchase of more than $1 [...]
Filed under: foreclosure | 2 Comments »
Posted on June 25, 2010 by Neil Garfield
“We’re a little in the Wild West here,” said Paul Leonard, California office director of the Center for Responsible Lending. “People are struggling with what it means to uphold the terms of your mortgage contract and what it means to walk away. There are no tried and true rules.” June 21, 2010 Battles in California [...]
Filed under: foreclosure | 12 Comments »
Posted on June 24, 2010 by Neil Garfield
when two hedge funds run by the now-defunct Bear Stearns investment bank were in trouble, ICP agreed to buy $1.3 billion in bonds from the Bear funds. ICP did not have the money to accept the bonds immediately, so it agreed to accept them later on behalf of Triaxx C.D.O.’s. ICP was supposed to obtain [...]
Filed under: foreclosure | 14 Comments »
Posted on June 24, 2010 by Neil Garfield
Submitted by Ann: Article by Matt Weidner, Esq. Florida Attorney 2010/06/21 at 10:49 pm US BANK AS TRUSTEE CAN’T FORECLOSE From http://www.mattweidnerlaw.com/blog Judge Vacates Final Judgment and Sale- Foreclosure Courts are Courts of Equity! We’ve all seen it and it happens too often…Borrower is in a formal modification with the lender or servicer or has [...]
Filed under: foreclosure | 10 Comments »
Posted on June 23, 2010 by Neil Garfield
2009-ohio-2650 Chase Bank Loses Bid to foreclose Based Upon chain of Title Upon review, Chase’s arguments are meritless. Although Chase’s status as a bona fide mortgagee could perhaps have saved it from an unknown encumbrance on the title, in this case, the mortgagor and former executor, Shirley Smith, never had valid title to the subject [...]
Filed under: foreclosure | 10 Comments »
Posted on June 23, 2010 by Neil Garfield
First they started with servicers bringing foreclosures, and that didn’t work. Then they tried MERS to bring foreclosures, and that didn’t work. Then they tried backdated, fabricated and forged documents from non-existent originators with signatures from phantom people as “limited signing officer” or “assistant vice president” and that is going down the drain. Now they [...]
Filed under: foreclosure | 17 Comments »
Posted on June 23, 2010 by Neil Garfield
6 13 10investors-suing-chase-includes-list-of-mortgage-backed-securities-various-originators-like-new-century-wamu-wells-fargo-resmae-greenpoint-coun As Weidner points out, these cases are well worth your time in research. With their minions of lawyers, they have more information that is industry specific than you can accumulate or absorb. Investors are aligning themselves with the interests of the borrowers. Here they are attacking the false representations of underwriting standards, [...]
Filed under: foreclosure | 7 Comments »
Posted on June 23, 2010 by Neil Garfield
The Foreclosing Plaintiffs Created The Crisis Through Fraud and Crimes At The Highest Levels Today, June 19, 2010, 2 hours ago | Matthew D. Weidner, Esq. The foreclosure crisis that continues to grip our courts in 2010 and that will only get worse in years to come all began in 2005, 2006, 2007, when the [...]
Filed under: foreclosure | 7 Comments »
Posted on June 22, 2010 by Neil Garfield
submitted by Abby 2010/06/17 at 2:25 pm FROM CALIFORNIA ATTY. GENERAL BROWN re: short sales News Release June 17, 2010 For Immediate Release Contact: (510) 622-4500 Contact: Christine Gasparac or Evan Westrup, (510) 622-4500 Christine.Gasparac@doj.ca.gov or Evan.Westrup@doj.ca.gov Print Version Brown Issues Warning about Rise of Short Sale Fraud LOS ANGELES – Attorney General Edmund G. [...]
Filed under: foreclosure | 8 Comments »
Posted on June 21, 2010 by Neil Garfield
The model concluded that roughly one-third of the loans were for amounts that were 105 percent or more of the underlying property’s value. Roughly 5.5 percent of the loans in the pools had appraisals that were lower than they should have been. In one pool with 3,543 loans, for example, the CoreLogic model had enough [...]
Filed under: bubble, CASES, CDO, CORRUPTION, Eviction, evidence, expert witness, foreclosure, foreclosure mill, GTC | Honor, HERS, investment banking, Investor, MODIFICATION, Mortgage, Motions, Pleading, securities fraud, Servicer, STATUTES, trustee | Tagged: CoreLogic, Credit Suisse, David J. Grais, DEUTSCHE BANK, GRETCHEN MORGENSON, HERS, Home Loan Banks, investment banks, investors, Merrill Lynch, mortgage securities, San Francisco Home Loan Bank, Seattle Home Loan Bank, UBS, VP4 | 24 Comments »
Posted on June 21, 2010 by Neil Garfield
submitted by Frank D’Anna Writ of Mandate 2 Frank D’Anna COMMENT: I don’t know if Frank got help, but however he did it, this is a fine piece of work. He obviously understands that if you want to take an appeal, you must state a reason that the trial court erred. If you want to [...]
Filed under: CASES, CDO, CORRUPTION, evidence, expert witness, foreclosure, foreclosure mill, GTC | Honor, HERS, Investor, MODIFICATION, Mortgage, Pleading, STATUTES | Tagged: appeal, burden of pleading, BURDEN OF PROOF, court record, D'Anna, enforce the note, foreclose, injunction, Non-judicial election, party seeking affirmative relief, presumptions, procedure, restraining order, trustee, Writ of Mandamus | 10 Comments »
Posted on June 20, 2010 by Neil Garfield
Editor’s Note: The cost of taking over foreclosed homes greatly exceeds the principal reductions that are inevitable anyway. Either way the taxpayer foots the bill. As usual, big business and government have taxpayers paying the higher bill. Here is how the narrative ran. The trillion dollar banks and some “smaller” ones used all their influence [...]
Filed under: foreclosure | 12 Comments »
Posted on June 20, 2010 by Neil Garfield
Triangle Business Journal – by Chris Baysden The U.S. Attorney’s Office for the Eastern District of North Carolina announced Thursday the creation of a new Mortgage Fraud Task Force for the district. The task force will pool the resources of existing criminal and civil attorneys in the office as well as federal law enforcement agencies [...]
Filed under: foreclosure | 9 Comments »