TILA RESCISSION MAKING COMEBACK AND BANKS ARE FIGHTING TOOTH AND NAIL

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE IT’S TIME TO RENEW RESCISSION AS THE REMEDY — IT’S THE LAW GET FORENSIC TILA LOAN ANALYSIS SEE Rescission of Closed-End Mortgage Loan Transactions TILA RESCISSION has come to nothing — until now. The Federal Law is clear. “I hereby rescind” is enough [...]

NEVADA WHISTLE-BLOWER FOUND DEAD AT 43

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Whether it’s from natural causes, suicide, accident, or murder, the death of anyone is a tragedy for their family and those in their circle. Our condolences to the family and friends of Tracy Lawrence. Her death is not alone. Many people [...]

IT COULD HAPPEN HERE: BRITAIN BRACES FOR LARGEST STRIKE IN 30 YEARS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HER Britain Braces for Large Strike By SARAH LYALL Times Topic: Great Britain Britain is gearing up for its largest strike in more than 30 years, with as many as two million teachers, health-care workers, local government employees and border agents expected to walk [...]

VIRTUAL STATE BANK IN OREGON: MOVING MONEY TO CREDIT UNIONS AND COMMUNITY BANKS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE SEE FIRE YOUR BANK The Oregon Trail to Banking Local Katrina vanden Heuvel on November 28, 2011 – 11:05am ET Before there was “Move Your Money” there was “Fire Your Bank.” It was January 2009, and 3000 miles from the epicenter of the [...]

Congressional Oversight Panel, “Banks cannot prove they own the loans…”

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE SEE DEADLY CLEAR Coming Home to Roost – Congressional Oversight Panel, “Banks cannot prove they own the loans…” Posted on November 26, 2011   In the recent filing November 9, 2011 of an Ohio case, Deutsche v. Holden, in the Court of Common Pleas in [...]

USA NAME CHANGE: UNITED BANKS OF AMERICA

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE TOO BIG TO FAIL AND TOO BIG TO FIGHT OR REGULATE SEE 74051381-Judge-Rakoff-s-Ruling-in-S-E-C-v-Citigroup-Global-Markets SEE JUDGE BLOCKS CITI SETTLEMENT WITH SEC SEE LONE JUDGE EXPRESSES FURY AT BANKS AND REGULATORS SEE NEITHER REASONABLE, NOR FAIR, NOR ADEQUATE, NOR IN THE PUBLIC INTEREST EDITORIAL COMMENT: [...]

SAN FRANCISCO GET BANGED BY SAME TACTICS AGAINST HOMEOWNERS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE SEE CREATIVE SOLUTION BLOWS UP IN THE FACE OF CITY: BANKS WIN, CITY LOSES FROM NY TIMES Creative Financing Deals May Cost City $68 Million By MATT SMITH An effort by the San Francisco Municipal Transportation Agency to earn money nearly a decade [...]

YVES SMITH: BANKS LIED ABOUT BAILOUT AND MADE PROFIT!

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE SEE YVES SMITH, NAKED CAPITALISM Quelle Surprise! Banks Lied About Bailout Funds and Got $13 Billion in Profit from Them Bloomberg News is continuing with the tankless task of pushing forward with FOIA requests relative to the Fed’s lending programs, and once it [...]

HOW THE BANKS WIN

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE FROM WWW.NEWSJUNKIEPOST.COM SEE HOW THE BANKS ALWAYS WIN The foreclosure crisis in the United States is not showing any signs of slowing down. Almost no regions and cities of the country are immune from it. The real estate debacle is affecting every region [...]

JUDGE RAKOFF CANCELS CITI-SEC SETTLEMENT: WANTS TRUTH ABOUT FINANCIAL MARKETS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE By Associated Press, Updated: Monday, November 28, 10:24 AM NEW YORK — A federal judge in New York has struck down a $285 million settlement that Citigroup reached with the Securities and Exchange Commission, citing a need for truth about the financial markets. Judge Jed [...]

THINK ABOUT IT …CONNECTING THE DOTS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Connecting the dots… As third round of “quantitative easing” gets under way. When will the media, the Courts and frankly the BORROWERS finally get it? The Federal Reserve Bank has been buying Mortgage bonds using trillions of dollars, soon to be around $3.5 [...]

BLAME THE BANKS, NOT YOUR PET PEEVE

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE BANKS ATTEMPTING TO RE-WRITE HISTORY EDITOR’S NOTE: What’s your pet peeve? Fannie Mae? Community Reinvestment Act? Too much regulation? Congress forced lenders to make bad loans? The 1944 Housing and Urban Development Memo? The Democratic National Party? The Republican National Party? Barney Frank? [...]

WINNING FORECLOSURE TRIALS: BOA Loses Another One in Brevard County Florida

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE FOLLOW THE MONEY TRAIL Editor’s Comment: Here is a firm that believes the Banks don’t have the goods and is willing to go after it. They also show some courage and tenacity in going on the offensive, which is where all of the [...]

DREWE: CITI RESOURCES AND CONTACTS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HER HELLO IT’S ME, Citi c/o FEDERAL HOME LOAN CORP dba Fannie Mae in all matters related to Assumption of loans and Assignment of Loan – proper address for your Good-Bye Letter CitiMortgage, Inc. P.O. Box 183040 Columbus, OH 43218-3040 18 States: DE, DC, [...]

THE PEOPLE ARE TOO BIG TO FAIL: BREAK UP THE BANKS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: Simon Johnson and Paul Krugman have consistently been right, so there is no reason to suspect they are wrong this time. The big banks are too big to manage, too big to regulate and too big for people to do business [...]

GHOST TOWNS CROPPING UP IN CHINA AS HOUSING PRICES CRASH

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE BANKS FORCING US TO LIVE THEIR LIES EDITOR’S NOTE: If the same thing is happening in China, Europe, Asia etc., then how do any of the explanations from the Banks, Mayor Bloomberg or anyone else make any sense? It’s the Banks, stupid! Those [...]

New Stress Tests Expanded to 31 Banks: Many Likely to Fail

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: OK the last round of stress tests was a PR stunt to assure the world that the US finance system was not falling apart when in fact it was and did fall apart and we are dealing with the cover-up phase [...]

FLA 4TH DCA ORDERS DISMISSAL OF FORECLOSURE

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HER Happy Thanksgiving from Florida’s Fourth District Posted on November 23, 2011 by Mark Stopa Florida’s Fourth District Court of Appeal issued two wonderful opinions today, just in time for Thanksgiving. In Duke v. HSBC Mortgage Services, LLC, the court reversed an order granting [...]

BANK AMNESTY SOUGHT IN SETTLEMENTS AND BLAMING REGULATORS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Blame the victim, blame the lawmakers, and now blame the regulators. I was expecting this. It’s an obvious move and it provides plenty of cover for virtual amnesty to the Banks by claiming the whole mess was the fault of the [...]

HOUSING CRISIS BARELY HALF WAY OVER: STRATEGIC DEFAULTS HANG OVER MARKET

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE MORE HOMEOWNERS WALKING AWAY FROM BAD DEAL “As more homeowners fall underwater, strategic default has become a bigger headache for mortgage lenders. A recent study by the MBA’s Research Institute for Housing America found that strategic defaults tend to cluster around homes already [...]