Contract Attorneys Sought in Texas

We are currently seeking Contract Attorneys who are interested in becoming a part of a dynamic legal network who ideally possess the listed qualifications: * Licensed and in Good Standing in the State of Texas. * Licensed to Practice in the Northern District Federal Court. * Trial experience in both State & Federal Court. * [...]

LIES: RATINGS, APPRAISALS, AFFIDAVITS ETC.

SERVICES YOU NEED The common thread is they were lying. They lied when they said these were AAA rated liquid investments based upon industry standard underwriting standards for residential mortgages They lied when they said this property is worth more than the principal that was borrowed. They lied when they said these loans are in [...]

AMBAC SUES BANK OF AMERICA FOR MASSIVE FRAUD: $16.7 billion

SERVICES YOU NEED Somebody get me the complaint so I can post it here. Editor’s Note: AMBAC is one of the insurers of loan portfolios, like AIG. The insurance paid off when the Master Servicer declared the portfolio had “failed,” based upon standards that were set by the Master Servicer and Underwriter. The insurer had [...]

J.P. Morgan Chase freezes 56,000 foreclosures

SERVICES YOU NEED J.P. Morgan Chase freezes 56,000 foreclosures — Washington Post J.P. Morgan Chase issued a freeze on 56,000 foreclosures on Wednesday, acknowledging that some employees may have signed off on documents submitted in support of them without proper review. Chase spokesman Tom Kelly said the company has requested that the courts not enter [...]

Wrongful Foreclosure Hits Cash Short-Sale Buyers Too: What? Ask Bank of America!

SERVICES YOU NEED “Here is a simpler explanation: the financial services industry is throwing more paper at the system than it can handle. So they are getting away with “representations” rather than solid evidence and proof. If Judges would require at least a copy of the title report, this case would not have occurred — [...]

Texas, Iowa, Illinois Investigate GMAC Foreclosures: CAL AG Orders Proof or Halt

SERVICES YOU NEED Illinois and other states consider application of consumer fraud statutes allowing recovery of damages, treble damages and attorney fees. Texas, Iowa, Illinois Investigate GMAC Foreclosures By Margaret Cronin Fisk, Lorraine Woellert and Joel Rosenblatt – Sep 24, 2010 4:03 PM ET Attorneys general in Texas, Iowa and Illinois, following Florida, have started [...]

Deliberate Destruction Of Documents: Securitization Evolved into a Myth

SERVICES YOU NEED “Then guy then laughed nervously and said, “Well, if you’re right, we’re ****ed. We never transferred the paper. No one in the industry transferred the paper.” Editor’s Note: It is very rewarding to see the work of Karl Denninger and others who are taking  my work and not only moving it along, [...]

SEC POSTS Promissory NOTE SCAM INFO

Broken Promises: Promissory Note Fraud A promissory note is a form of debt – similar to a loan or an IOU – that a company may issue to raise money. Typically, an investor agrees to loan money to the company for a set period of time. In exchange, the company promises to pay the investor [...]

GMAC Drew `False Testimony’ Sanction Years Before Eviction Halt

SERVICES YOU NEED The sharks are circling. Industry practices for the past ten years have been based upon intentional misrepresentation. If their lips were moving, if they submitted a document, they were lying. The lawyers, the banks and the individual people who signed any of these documents are in serious trouble along with those who [...]

YOU MAY BE ENTITLED TO CASH PAYMENT FOR WRONGFUL FORECLOSURE — Coming to a Billboard Near YOU

SERVICES YOU NEED EDITOR’S NOTE: Well it has finally happened. Three years ago I couldn’t get a single lawyer anywhere to consider this line of work. I predicted that this area of expertise in their practice would dwarf anything they were currently doing including personal injury and malpractice. I even tried to guarantee fees to [...]

Ratings, Appraisal Fraud Unraveling: Testimony Reveals Cover-up

SERVICES YOU NEED “According to testimony last week, from January 2006 to June 2007, Clayton reviewed 911,000 loans for 23 investment or commercial banks, including Citigroup, Deutsche Bank, Goldman Sachs, UBS, Merrill Lynch, Bear Stearns and Morgan Stanley.” It’s like slapping some paint on a 30 year old Chevy and selling it as a Rolls [...]

Fla Ct Finds JP Morgan Intentionally and Knowingly Committed Fraud on The Court

SERVICES YOU NEED “As basis for the legal case, WaMu had submitted an assignment of mortgage, which however the court just found never actually belonged to WaMu, and instead was carried on the books of Fannie Mae.” EDITOR’S NOTE: It’s an old story to us but it’s news to everyone else. Yes it IS fraud, [...]

FAQ ABOUT SECURITIZATION SEARCHES

SERVICES YOU NEED 1.    Your commentary states the trust that owns my note and provides documents of the trust; however the securitization report shows no matches of any of my loan characteristics.  Therefore, how was the trust identified as the owner of my note?  There had to be some rational explanation for determining this trust. [...]

MEDIATIONS, MODIFICATIONS, SHORT-SALES AND SETTLEMENTS

SERVICES YOU NEED AUTHORITY AND AGENCY In “Fair Game” Gretchen Morgenson continues to unravel the failing process of “saving homes” while the world ignores the simple truth that legally the homes are in no jeopardy but for the pranks and illusions created by the pretender lenders. There is no valid foreclosure, auction, mediation, modification, short-sale, [...]

How Obama is Stopping Foreclosures

Top Posts and Pages 18 months Obama has been in office. We suffered waiting for the administration to get the facts and develop a plan to do something about it. To tell you the truth I never thought of this way, but he’s right — it is the best way possible. It took 35 years for [...]

Warren Works on Mortgage Disclosure; She Needs to Work on Foreclosure Fraud

Warren Works on Mortgage Disclosure; She Needs to Work on Foreclosure Fraud By: David Dayen Wednesday September 22, 2010 7:10 am // Tweet Share Elizabeth Warren has gotten right to work in her new position, announcing at a Treasury forum the intent to simplify mortgage documents for homeowners: “Disclosure isn’t going to solve all problems, [...]

Barney Frank, Alan Grayson, Corinne Brown Come Through With Sharply Worded Letter To FNMA

SERVICES YOU NEED 9.24.10 BARNEY FRANK LETTER-Letter-to-Fannie-on-Foreclosure-Fraud[1] VIDEO FEED FROM TAMPA TV In a blunt, no nonsense letter to Fannie Mae three congressional representatives including Barney Frank who has enormous clout, a shot heard round the country was heard. It wasn’t just a letter of inquiry or even at the level of complaint. It was [...]

More on GMAC Fraudulent Affidavits

SERVICES YOU NEED EDITOR’S NOTE: EXCELLENT ARTICLE BY DENNINGER Well, it appears that it is finally happening…. To be specific, it appears that: At least one (and perhaps more) “inside officers” in various law firms filed thousands (and maybe tens of thousands) of affidavits they did not read and thus could not have attested to. [...]

GMAC Robo-Signers

GMAC Robo-Signers | Mortgage Lenders, Foreclosure Abuse | 2011 Real Estate Predictions Submitted by Tim Harris on September 23, 2010 – 12:01 pmNo Comment | Popularity: 1% [?] GMAC Robo-Signers. I am of two minds on this emerging story…. Will the wide spread practice of lenders using so-called Robo-Signers really be enough of a legal issue for [...]

Lehman retrieves $60bn for creditors

SERVICES YOU NEED EDITOR’S NOTE: We are seeing more and more of these “recoveries.” The question we pose and that should be posed IN COURT is to whom this money is paid and more importantly, how is it going to be credited? Why is that important? ANSWER: If that recovery means that the investors or [...]