FANNIE MAE DOES THE DIRTY WORK FOR BANKS: TRYING TO STEM THE RISING TIDE OF STRATEGIC DEFAULTS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Author: Donna Fasi Comment: This response is my reaction to the news on June 23 that Fannie Mae is going to punish borrowers for walking away from their homes. Do your homework. Millions of borrowers from every walk of life TRIED to work [...]

NOTARIES, DOCUMENTS BEING REVOKED IN DEKALB COUNTY, GEORGIA

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE DEKALB COUNTY, GA REVOKES NOTARY LICENSES AFFECTING THOUSANDS OF DOCUMENTS It took a while, but the government agencies are noticing and acting on the fact that have been sleeping while notaries’ seals show up on documents that are dated BEFORE they were licensed [...]

GOLDMAN WEB OF DECEIT AND TAX EVASION: BKR TRUSTEE SUES FOR FRAUD

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Lee Farkas of TBW was right when he said, “I could rob a bank with a pencil.” AUCTION SALES INCOMPLETE FOR NON-PAYMENT: TRUSTEE DEED SHOULD NOT BE ISSUED SUBSTITUTE TRUSTEE COULD BE SUED FOR DAMAGES EDITOR’S COMMENT: It’s like a checklist of things [...]

BOA TO PAY $8.5 BILLION TO INVESTORS: IS BALANCE REDUCED OR PAID ON LOANS IN THE POOL?

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: The investors put up the money for the funding of mortgage transactions with BOA and other investment banking operations brokering the deal. Now BOA is about to pay the largest settlement to investors so far. The real question is that if [...]

3 QUI TAM ACTIONS UNSEALED: HUNDREDS OF MILLIONS CLAIMED IN DAMAGES TO STATES IN CA AND NV

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Filed – First Amended Complaint 10 May 10 11 Third Amended Complaint nevada 16 Third Amended Complaint Nevada One is the MERS recording fee qui tam and the other is for false claims of tax exemption made to avoid payment of transfer taxes [...]

Thigpen Failed to Meet with President, Economic Advisers on WH Visit

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Thigpen Failed to Meet with President, Economic Advisers on WH Visit Today, June 21, 2011, 5 hours ago | David Dayen (photo: Rev Dan Catt) “It was a bust.” That’s what Guilford County register of deeds Jeff Thigpen told me about his visit [...]

Law firm Fisher and Shapiro sued over foreclosure cases

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Law firm Fisher and Shapiro sued over foreclosure cases Share1Comments 0 By Mary Ellen Podmolik 4:22 p.m. CDT, June 21, 2011 A former Chicago resident whose home is in foreclosure has filed a lawsuit against Fisher and Shapiro LLC, the law firm that [...]

Weary Robosigner Gets Punchy and Vulgar on Signing “Linda Green” et al

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE USE OF C-WORD IN PLACE OF SIGNATURE SEE ALSO recording-office-refuses-robo-signed-documents SEE LINDA GREEN “SIGNATURE” HERE: Match found in Hillsborough County Linda Green C–t The use of the C-word in place of even a forgery of Linda Green’s signature should ring the bell. For [...]

SACCI v. MERS | CA Dist. Court “MYSTIFYING, UTTERLY CONFUSING ASSIGNMENTS, SUBSTITUTIONS, HOST OF ENTITIES

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE USDC CA Central -Sacchi-v-Mers-La-11-Cv11-01658-Ahm-Cwx-w EDITOR’S NOTE: Every time a Court actually looks at the documents, examines the pleadings and exhibits and asks the most basic questions, they rule in favor of the borrower. It’s not out of bias that they ruled as they [...]

Poppa Koppa Reporting Success in So. Cal.

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Charles Koppa Reporting: I had 3 hearings today, June 23, 2011: The status conference for my Adverse Claim, the Motion to dismiss the Adverse Claim, and the Motion for Relief of Automatic Stay. My Adverse Claim was dismissed until I have standing to [...]

Regulators Pushing for Banks to Have Their Own Money at Risk in Mortgages

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Editor’s Note: Right idea. If the commercial banks were actually lending their own money, if Wall Street was required to buy a piece of the crap they were selling, the situation could have been different. But under current proposals it would not have [...]

JPM PONZI Participation was Intentional

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: And for all those who are still hanging onto the idea that the big Wall Street banks could be negligent but not intentional in confusing and defrauding investors, here is the Madoff Trustee saying otherwise. It’s interesting that people who were [...]

Illinois regulatory agency fined PHH Mortgage $290,000

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE From Housingwire.com Illinois state agency fines PHH Mortgage in robo-signing probe by KERRY CURRY Illinois woman files class-action against Fisher and Shapiro over affidavit issues Texas AG calls for statewide foreclosure suspension Illinois judge stays 1,700 Fisher and Shapiro foreclosure cases Two state [...]

RECORDING OFFICE REFUSES ROBO-SIGNED DOCUMENTS

MOST POPULAR ARTICLES CLICK HERE TO REGISTER FOR 2 DAY GARFIELD CONTINUUM CLE SEMINAR GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE TITLE CRISIS LOOMS LARGE O’Brien says “Bank’s Actions Speak Louder Than Words” – PRESS RELEASE .Wednesday, 22 June 2011 16:37 1 Comments Headlines .Registry infected with Fraud On June 7th Essex South [...]

PROSPECTS FOR ECONOMY REVISED DOWNWARD — AGAIN

MOST POPULAR ARTICLES CLICK HERE TO REGISTER FOR 2 DAY GARFIELD CONTINUUM CLE SEMINAR GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: Here it is again. Economists have revised their projections for growth. DOWN AGAIN. In other words, all those projections over the last couple years that presumed we could recover without [...]

Supreme Ct Bond Decision: Standing and Cause of Action Closely Related

MOST POPULAR ARTICLES CLICK HERE TO REGISTER FOR 2 DAY GARFIELD CONTINUUM CLE SEMINAR GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Bond v United States This case could turn out to be important, although the opinion is enshrouded with innuendo. It involves some hair splitting that is a replica of what is happening [...]

WRIGHT DECISION: CA FED CT ALLOWS CLAIMS FOR Failure to Contact, Wrongful Foreclosure, Quiet Title, Unjust Enrichment, Declaratory and Injunctive Relief

MOST POPULAR ARTICLES CLICK HERE TO REGISTER FOR 2 DAY GARFIELD CONTINUUM CLE SEMINAR GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE A LESSON IN PLEADING     Javaheri35Order-1 Editor’s Comment: The lesson in this decision is that a well-plead complaint will get over the goal line. A badly worded complaint, after a couple [...]

JPM Whistle: My Boss Told Me, We’re In The Foreclosure — Not Modification — Business

MOST POPULAR ARTICLES DISCOUNT FOR EARLY BIRD REGISTRATION RUNS OUT ON JUNE 22 CLICK HERE TO REGISTER FOR 2 DAY GARFIELD CONTINUUM CLE SEMINAR GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Servicer Payments Keep Mortgages Current and Convert Liability to Unsecured EDITOR’S COMMENT: MULTIPLE WARNINGS HERE. Nobody on the banking side wants modifications. [...]

BE PART OF THE SOLUTION INSTEAD OF THE SPIN

Once again, we find that jobless claims “exceeded” expectations. Whose expectation? The only people publicly expecting and privately using these expectations are campaign managers. With the housing, the nation’s largest asset, in a continual nosedive for four years, higher jobless claims and lower economic figures are inevitable. The expectation game is played by economists and [...]

NOCERA: Banking’s Moment of Truth

MOST POPULAR ARTICLES DISCOUNT FOR EARLY BIRD REGISTRATION RUNS OUT ON JUNE 22 CLICK HERE TO REGISTER FOR 2 DAY GARFIELD CONTINUUM CLE SEMINAR GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: For a long time the banks managed to get everyone talking about homeowners buying houses they could not afford. They [...]