The Infamous Scott Anderson FRAUD Revealed

8.28.10OcwenandScottAnderson Remember the Scott Anderson whom NY Judge Shack said seemed to have questionable allegiances to multiple employers? Remember how questions arose about whether Scott Anderson actually signed those thousands of documents? Remember the arrogant responses from Ocwen and others about how borrowers were just trying to get a free house? Fraud on the Court [...]

STANDING BEFORE THE JUDGE, NOW WHAT?

SUBMITTED BY ANN BUT REFERS TO http://www.amartinezlaw.com. THANK YOU READERS!!! YOU ARE MAKING MY JOB EASIER AND EASIER. THIS IS A WONDERFULLY WRITTEN AND INSTRUCTIVE ARTICLE ON APPEARING IN COURT. IT’S ADDRESSED TO PRO SE LITIGANTS AND LAWYERS BUT I KNOW OF MORE THAN A FEW JUDGES WHO OUGHT TO READ IT TOO. Standing Before [...]

REad This: Now We are Getting Down to Business

My only comment is that this is an excellent piece of reporting by Bernstein and Eisinger at ProPublica that should be read and used as the basis for understanding what is going into your legal memorandums across the country. GREAT JOB!! 2010/08/29 at 1:52 am The Wall Street Money Machine Banks’ Self-Dealing Super-Charged Financial Crisis [...]

Revenue Sharing? How About Revenue Withholding?

It is time to bring back true general revenue sharing — temporarily — to stimulate the economy. Hundreds of articles in political science and public policy journals have studied past efforts, and analyzed the concept of fiscal federalism, without establishing general revenue sharing as a fundamental pillar of Keynesian stabilization policies. This lapse is understandable: [...]

NY J Shack Does it Again

In my June 3, 2008 decision and order in this matter, I granted leave to plaintiff, THE BANK OF NEW YORK, AS TRUSTEE FOR THE CERTIFICATEHOLDERS CWALT, INC. ALTERNATIVE LOAN TRUST 2006-OC1 MORTGAGE PASS-THROUGH CERTIFICATES, [*2]SERIES 2006-OC1 (BNY), to renew its application for an order of reference within forty-five (45) days, until July 18, 2008, [...]

The Obvious: Bankers Told Recovery May Be Slow

“I’m more worried than I have ever been about the future of the U.S. economy,” said Allen Sinai, co-founder of the consulting firm Decision Economics and a longtime participant in the symposium. “The challenge is unique: poor and diminishing growth, a sticky unemployment rate, sky-high deficits and a sovereign debt that makes us one of [...]

Lakeside Bank, St. Charles, La — The Way Banking Should Be

Editor’s Comment: Only one Bank has failed in Louisiana since the financial crisis began. And only one bank in the United States has commenced operations in the year 2010 — this one in Louisiana. Despite an unofficial moratorium on new bank charters of 70-year-old retiree, Hartie Spence, managed to navigate the regulations and got the [...]

Judges Rising to the Rules

Editor’s Comment: Without inventing anything, an increasing number of Judges are coming to the same conclusion. If they apply the rules and deny the pretender lender the benefit of presumptions to which they were not entitled in the first place, the case can be heard on the merits. They don’t need to decide who is [...]

New strategy attacks validity of affidavits

Foreclosure Crisis New strategy attacks validity of affidavits August 26, 2010 hen it comes to fighting foreclosures, homeowners and their lawyers may have found a new strategy to score courtroom victories. Defense lawyers across the state are increasingly attacking the validity of affidavits that owners of notes must file with the courts as part of [...]

MERS-BAC Agreement Revealed

Damnedest thing I ever saw. BAC-Stewart – Plaintiff_s Memorandum in Opposition to Defendants_ Motion to Vacate (8_13_10) With the left hand in the right pocket and the left foot in the left pocket and the right foot in the back pocket. Read the whole thing through and give me comments.

CASE IN POINT: FORECLOSURE MILLS, JUDICIAL FRAUD, CONSUMER EXPLOITATION, GOVERNMENT SHAMS (an abstract)

Submitted by Jose Semidey CASE IN POINT: FORECLOSURE MILLS, JUDICIAL FRAUD, CONSUMER EXPLOITATION, GOVERNMENT SHAMS (an abstract) Unscrupulous foreclosure mill activities are more criminally exploitive than what becomes reported –not only in Florida. Appalling collection abuses have resulted in mill lawyers (or their affiliates) obtaining ownership of fraudulently foreclosed properties via purported bids at “simulated” [...]

U.S. Judges Sound Off on Bank Settlements

EDITOR’S NOTE: It’s always slower than we want. But the Bench is starting to groan at the absurd “settlements” being reached that are actually a vehicle for immunizing the major players from liabilities that vastly exceed the settlements. In most cases, class actions, government actions and other major agency complaints at state and federal levels [...]

Request for Legal Service: New Livinglies Feature

THIS SERVICE IS AVAILABLE TO ANY PAID SUBSCRIBER OR MEMBER: SEE $9.95 PER MONTH DONATION/SUBSCRIPTION LLB SEE LL SUBSCRIPTION MEMBERSHIP $49.95 PER MONTH REQUEST FOR LEGAL SERVICE IN CALIFORNIA: We have a customer who has gone through the title search, securitization search and who has filled out the GTC Registration form on the right hand [...]

Unconstitutionality of a Power of Sale

THIS IS FROM REUBEN NIEVES. IT IS A GOOD PIECE OF WORK AND HE WANTS COMMENTS AND CONTRIBUTIONS. HE HAS A FINELY MADE POINT HERE AND IT IS SELF-EXPLANATORY. I have always said that the power of sale raises constitutional questions — namely, that no  person should be deprived of life, liberty or property without [...]

Brown Wins $1 Million in Restitution for Victims of Attorney-Backed Foreclosure Rescue Scam

There are good business models and bad business models.  It is not automatically true that a large scale operation is running after the money rather than service for you, but be sure to check out their references. Many if not most of  these scam operations are being chased off the market with full support of [...]

THE RIGHT TO CHOOSE YOUR LENDER

EDITOR’S COMMENT: Here is an interesting comment from Scott Baker — someone who “has no dog in the race.” They paid off their mortgage. The point here is that Lenders knew exactly who their customer was, but the borrowers never did. In a “free” marketplace, this choice was taken out of the hands of the [...]

Home Sales at Lowest Level in More Than a Decade

Editor’s Comment: THIS IS WHY EVERYONE SHOULD BE ALARMED AT THE FAILURE OF THE COURTS AND GOVERNMENT AGENCIES TO GIVE THE STOLEN PURSE BACK TO INVESTORS AND BORROWERS. EVEN IF YOU ARE NOT UPSIDE DOWN, EVEN IF YOU DON’T HAVE A PREDATORY LOAN YOUR HOME, YOUR LIFE AND THE ECONOMIC HEALTH OF YOUR SOCIETY IS [...]

Max Gardner’s Top Reasons for Wanting a Pooling Servicing Agreement

EDITOR’S NOTE: Lest people think I invented this whole field of law just because I’m loudest about it, here is a post from Max Gardner, who only a few days after I started this blog had already figured out everything I had figured out and was already doing something about it. Max Gardner’s Top Reasons [...]

NEW RULES AND OLD RULES

EDITOR’S NOTE: Today’s editorial in the New York Times mirrors the outlook of most Americans. It’s time to pass some new rules. I agree but I think that puts the emphasis on the wrong place. Most of these “new rules” were already in the old rules. They were not enforced. So the first new rule [...]

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