Europe Hits Back Against Wall Street in the ABsence of U.S. Action Against Its Own banks

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: There can be no doubt that but for the military might of the United States, the Wall Street securitization scheme might well have been deemed an act of war against the countries who were induced to buy bogus mortgage bonds. The ensuing worldwide recession was unnecessary and [...]

Sales Volume in Housing Continues to Plummet

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: See the recent articles posted this week about the housing market. It is unprecedented — both in the run up and in the fall. The bubble in housing prices went so much further than anything in history because it wasn’t real — it was fraud all the [...]

BLOOMBERG: BOA TRYING DIVIDE AND CONQUER STRATEGY

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “By keeping the servicers at the head of the line, the illusion of securitization is maintained. That illusion serves as the basis for assuming there is a legitimate debt that the borrower is refusing or can’t pay. Without the illusion, and sticking with the facts we have an obligation [...]

TRUSTEE HAS NO WITNESSES WHILE SERVICER PURSUES FORECLOSURE

submitted by Anonymous Most often Deutsche Bank is the trustee — not the servicer. In cases where the trust is named as plaintiff — ABC trustee for “certificate holders” to XYZ trust — they are the named plaintiff — not the servicer. But, it is actually the servicer that is proceeding against you. If goes [...]

OCC Head John Walsh needs to resign

submitted by anonymous reader Regulatory agencies exist to protect the public, not the corporations they regulate. The head of the Office of Comptroller of the Currency doesn’t seem to understand that. But that’s not why John Walsh needs to resign. The OCC was created to stabilize the economy, make it easier to conduct trade, and [...]

LOOK BEFORE YOU LEAP INTO MASS JOINDER LAWSUITS

Important update from Max Gardner below: From: O. Max Gardner III Wed, Apr 27, 2011 Subject: Mass Joinder Cases To: Boot Camp Attorneys Court Documents In ‘Mass Joinder’ Contingency Fee Lawsuit Suggest One Attorney May Be Pocketing Upfront Fees From Clients Without Telling Co-Counsels Posted: 26 Apr 2011 09:03 PM PDT Court documents filed in [...]

THE WORM TURNS: AIG NOW SUING FOR FRAUD BECAUSE THEY CAN’T SUE ON THE LOAN OBLIGATIONS THEY PAID OFF

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM THE FREE HOUSE MYTH EXPOSED: IT IS GOING TO WALL STREET EDITORIAL NOTE: Following up on my article yesterday about who owns the debt, some clarity is introduced by the filing of what will be a series of lawsuits against the underwriting Wall Street brokerage houses that sold mortgage [...]

Biggest Defaulters on Mortgages Are the Rich

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: This article was originally run last year, but it is just as relevant now as before. If you’re rich, you have no MORAL obligation to pay the debt. If you’re in the majority of not rich people, then morality applies to you. Biggest Defaulters on Mortgages Are [...]

HOME PRICE CRASH STARTS ALL OVER AGAIN

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM FRAUDULENT FORECLOSURES WEIGH HEAVY ON ECONOMY EDITOR’S NOTE: The illusion of securitization has popped as analysts pore over balance sheets and income statements, coming up empty — no real assets worth the necessary amount to sustain the megabanks while at the same time the real assets are not perceived [...]

NEW HOME SALES: SLOWEST MARCH ON RECORD, SURPRISED?

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: One developer is actually giving away a car if you buy the house and it still isn’t it working. Surprised? How can anyone even expect new housing to recover when there isn’t any need for new houses? The “new house” myth is the same as the “free [...]

$600 TRILLION IN SWAPS: WHO OWNS THE DEBT?

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM REGISTER FOR CLE SEMINAR, HOMEOWNERS WELCOME EDITOR’S ANALYSIS: Here is the problem: $600 TRILLION in swaps seems like a big number. It is. And it is only an estimate, so we can assume there is some variance. How big is it? Well the combined currency issued across the world [...]

FORECLOSURE DEFENSE SEMINAR FOR LAWYERS AND HOMEOWNERS THIS SATURDAY AND SUNDAY IN CHANDLER (HILTON) ARIZONA

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM ATTEND BY PHONE! ANSWER TO COMMON QUESTIONS: YES — UNLAWFUL DETAINER, EVICTION, FORCIBLE EVICTION, WRIT OF POSSESSION, JURISDICTIONAL ISSUES WILL BE COVERED IN DEPTH.  — ISSUES RELATING TO TRUSTEE SALE AND TRUSTEE DEED, CLERK’S SALE AND CERTIFICATE OF TITLE, CREDIT BID, AND WRONGFUL FORECLOSURE ARE A CENTRAL THEME OF [...]

DON’T GET CAUGHT UP IN THE RUMOR MILL — Keep Your Eye on the Ball

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM DON’T GET DISTRACTED BY RIDICULOUS RUMORS. Some rumors are flying around about lawyers and some politicians that are simply not true and devoting your time to spreading them takes away from your efforts toward doing something positive. I’m no fan of most politicians but there are some especially pernicious [...]

LAWYER ADMITS SIGNING DOCUMENTS AS OFFICER OF HIS CLIENT

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: I’d like to see the expression of someone who sits on a Bar grievance committee that meets out discipline to lawyers, when they read this. In any situation, until the mortgage meltdown, if a lawyer signed documents and then presented them as his client’s “evidence” he would [...]

HOW TO INTERVIEW A LAWYER

SUBMITTED BY ANN http://stopforeclosurefraud.com/2010/03/20/choosing-an-attorney-who-understands/ Questions to Ask Attorney Before Retaining: • How long has the attorney been practicing foreclosure defense? • What are his/her strategies and tactics in that defense? • How many foreclosure cases has the attorney defended? • How many foreclosure cases has the attorney gotten dismissed? • How many foreclosure cases has [...]

Mary Cochrane: Wells Fargo Asset Securities Corp [ formerly Norwest Asset Securities Corp ]

submitted by Mary Cochrane Let’s see Bet Belfield Officer 655 Registrants for Wells Fargo Bank NA, Sioux Falls SD part of Wells Fargo & Co/MN formerly known as Norwest Corporation (you know prior to 11/2/98) Filed by the most interesting Filing Agent of them all on all of the dirty deeds 10K’s where Wells FArgo [...]

CLE SEMINAR GOOF: PRICES DROPPED AND REGISTRATION INVITED — Come this Saturday and Sunday!!

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM IN THE MIGRATION OF THE LIVINGLIES STORE TO LUMINAQ, WE MADE SOME ERRORS THAT CAUSED PROBLEMS FOR PEOPLE WHO WANTED TO REGISTER. AS A RESULT WE STILL WANT TO GO FORWARD, SO WE HAVE DROPPED THE PRICES, WILL REFUND THE EXCESS TO THOSE WHO HAVE MANAGED TO REGISTER DESPITE [...]

MARY COCHRANE GIVES THE DETAILS ON WELLS FARGO AND BERKSHIRE HATHAWAY

In the United States, Berkshire Hathaway is the largest publicly-traded holding company; it owns numerous insurance companies, manufacturing businesses, retailers, and other companies. WFC Holdings is part of the SEC orgnaization of Wells Fargo & Co.; Wells Fargo & Co/MN, Wells Fargo Bank NA, … What is a holding company? Firm that owns other companies’ [...]

Tier 2 Yield Spread Premium Confirmed: Wells Fargo to Pay $11 Million to Investors

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 [...]

MARY COCHRANE GIVES DTC DETAILS

DTC — The Depository Trust & Clearing Corporation DTC is a member of the U.S. Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the Securities and Exchange Commission. You know the song ‘ What’s PSA Got to do – Got to do with it?” [...]