CITI BACKS DOWN WHEN MINNESOTA AG GOT INVOLVED

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: It always seems like you need firepower — wealth or political clout to simply get justice. The foreclosure was wrong, the figures were wrong and the policy was wrong. Law enforcement has an obligation to step in and assist those people [...]

Schack bangs HSBC for False Paperwork

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: Plausible deniability went out the window as HSBC tried to get out of the consequences for submitting false, fabricated papers to the court in support of a fraudulent foreclosure. They tried to say they didn’t know. Schack didn’t buy it and [...]

THE BIG LIE BY MICHAEL THOMAS

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT “Over the next year, I expect the “what” will give way to the “how” in the broad electorate’s comprehension of the financial situation. The 99 percent must learn to differentiate the bloodsuckers and rent-extractors from those in the 1 percent who make the [...]

AFTER $16 TRILLION BANK PAYMENT, WHAT DO WE OWE?

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT ARE WE GOING TO GIVE THE BANKS ANOTHER $16 TRILLION? Between TARP (only $700 Billion) and the FED bailouts ($16 TRILLION) the Banks have already received from all of us enough money to pay off every mortgage, credit card, student loan, auto loan [...]

PRETENDER LENDERS SQUIRMING AS RUBBER MEETS THE ROAD IN ARIZONA

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Interesting procedural issues coming up in Arizona Courts. First WAMU asks the Court of Appeals to depublish its decision that possession of the note was not necessary, meaning that the decision would apply ONLY to that one case and not serve as precedent [...]

WHY CANADA DIDN’T CRASH

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT “What we need is the a return to the rule of law, a culture of fairness and justice and a politics of the country rather than pure personal aggrandizement. We are only going to get there if we stop lying to each other [...]

CONGRATULATIONS TO THOSE WHO FOUGHT THE BANKS IN 2011

BY NANCY KOERBER Because of your hard work and support this year hundreds of families are “home” for the holidays that would otherwise have been kicked to the curb by the Banksters. And because we are standing together, we’ve sent Bank of America, Wells Fargo, Chase and the others something better than coal this year: [...]

CASE SHILLER INDEX: HOUSING PRICES LOWEST SINCE THE CRASH

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: Despite realtors and banks putting out disinformation about the housing market improving, the facts show otherwise. Housing prices, housing demand are falling under the sheer weight of supply and joblessness. What will 2012 bring? More of the same unless the courts [...]

DOJ HUNTING 210,000 VICTIMS OF COUNTRYWIDE FRAUD

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: They are missing the point in many cases. It is not the the monetary settlement that these people are entitled to so much as the house itself because the foreclosure was wrongful. If the amount demanded was wrong, then the right [...]

TENNESSEE LEADS THE WAY IN DENYING 93 YEAR OLD RESIDENT THE RIGHT TO VOTE

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SEE FULL ARTICLE BY MARIE DIAMOND A 93-year-old Tennessee woman who cleaned the state Capitol for 30 years, including the governor’s office, says she won’t be able to vote for the first time in decades after being told this week that her old [...]

ANTI-DEFICIENCY STATUTE UPHELD IN ARIZONA

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT M&I Marshall v Mueller Anti-Deficiency Statute upheld CV100804 One of the scare tactics that the Banks are using to confuse homeowners is that they will come after the homeowner after foreclosure claiming that they are entitled to a Judgment for the deficiency — [...]

OCCUPYERS TARGET THE AUCTIONS by BOA

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT TARGET AUCTIONS, ACHILLES HEAL OF THE SECURITIZATION SCAM EDITOR’S ANALYSIS: The occupiers have the right target. Shining a light on the auctions will not only reveal deficiencies and illegalities — it will reveal the essential vulnerability of the entire securitization scam.It is at [...]

THE BIG LIE: BANKS DID NOTHING ILLEGAL

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: The Obama administration is functioning out of fear instead of proactively getting involved in the solution to the largest economic and societal threat this country has faced since the civil war. He is right when he talks about income and wealth [...]

OUR GOVERNMENT: THE OPPOSITE OF WHAT FOUNDERS INTENDED

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: Jefferson warned us about this system. He said that there should be sweeping changes eliminating those in power about every 20 years. Otherwise, he warned, we would eventually gravitate to what we have now — a virtual aristocracy where the wealthy [...]

SOUTH FLORIDA CROWD SOURCE EFFORT REVEALS 50,000 BANK ERRORS IN FIRST SWEEP

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT “Gretchen Morgenson quoted Congressman Brad Miller, D-NC, it in an August 14, 2010 article. “I’ve seen the banks going from losing no fights to losing a few fights,” Morgenson quotes Miller. “What I’ve found is the more fights we pick, the more success [...]

DEATH WATCH: Canadian Banks Dumping U.S. Assets

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT calling in and foreclosing business loans that are current EDITOR’S NOTE: Ok, I don’t like the sound of that either. But if you look at the larger picture it all becomes clear. With our government and courts bogged down in mythological presumptions about [...]

DISCOVERING THE FRAUD AND CLEARING THE FOG

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: Chris has distilled the discovery requests down to what he feels are the essentials. My focus is evolving toward the actual money trail because I think it is there that we will find that no money exchanged hands in connection with [...]

MORGENSON: OCC FORECLOSURE REVIEWS A SHAM

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: In today’s New York Times, Morgenson details the failings of each program that was supposedly aimed to help homeowners. The article below from Yves Smith is more to the point and they are both right. BUT it is also true that [...]

EVERY YEAR THE SAME: NOW THEY SAY NO HOUSING RECOVERY UNTIL 2013

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: Realtors and Banks are putting out all kinds of articles telling us that things are improving — only to retract them later, which gets less attention. The fact is that the housing recovery will not occur until foreclosures a resolved. Prices [...]

AP: FANNIE AND FREDDIE BALK AT ANSWERING QUESTIONS — CA AG SUES THEM

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: So the question is, if the GSE’s guaranteed and paid, then who is the creditor and how much is owed? By NICK TIMIRAOS And RUTH SIMON California Attorney General Kamala D. Harris filed suit against Fannie Mae and Freddie Mac on [...]