Posted on November 20, 2009 by livinglies
Government officials, perhaps influenced by spending too much time with bankers, forgot that if you want to govern effectively you have retain the trust of the people. And by treating the financial industry — which got us into this mess in the first place — with kid gloves, they have squandered that trust.
During the bubble [...]
Filed under: CDO, CORRUPTION, Eviction, GTC | Honor, Investor, Mortgage, bubble, currency, foreclosure, securities fraud | Tagged: AIG, bailout, disclosure, Federal reserve, foreclosure defense, foreclosure offense, illusion of financial soundness, Krugman, mortgage meltdown, Ny Times, securitization | 3 Comments »
Posted on November 14, 2009 by livinglies
And probably people “of the cloth” from all denominations.
We are a nation of faith. Jesus angrily drove the money lenders out of the temple. How can we stand by and allow the borrowers to be driven out of their homes?
The fact is most of these victims were hunted down like a foxhunt, with strangers [...]
Filed under: CDO, CORRUPTION, Eviction, GTC | Honor, Investor, Mortgage, bubble, currency, foreclosure, securities fraud | Tagged: bailout, mortgage meltdown, foreclosure defense, borrower, disclosure, countrywide, securitization, Bank of America, foreclosure offense, mortgage brokers, Florida, subprime loans, Jacobson, Apostle Garay, The Atlantic | 17 Comments »
Posted on November 9, 2009 by livinglies
TENT CITY, California While Vacant Houses Deteriorate
From watergatesummer.blogspot.com we have this post on the moronic ideology that misuses our natural and creative resources. It can be said that conservatives do not conserve and liberals do not liberate. I coined that because it is obvious that politics in this country is degrading even while some try [...]
Filed under: CDO, CORRUPTION, Eviction, GTC | Honor, Mortgage, foreclosure, securities fraud | Tagged: bailout, housing, lender, POLICY, securitization, tent city | 7 Comments »
Posted on November 8, 2009 by livinglies
MR. GEITNER, MR. SUMMERS AND OTHERS WHO ARE ON THE ECONOMIC TEAM DESERVE some CREDIT FOR BRINGING US BACK FROM AN ECONOMIC PRECIPICE THAT WOULD HAVE RESULTED IN A DEPRESSION FAR DEEPER AND LONGER THAN THE GREAT DEPRESSION. AND THEY SHOULD BE CUT SOME SLACK BECAUSE THEY WERE HANDED A PLATE ON WHICH THE ECONOMY [...]
Filed under: CDO, CORRUPTION, Eviction, GTC | Honor, Investor, Mortgage, bubble, currency, foreclosure, securities fraud | Tagged: bailout, credit, economic team, financial reform, foreclosures, Geitner, Summers, Volker | 1 Comment »
Posted on November 6, 2009 by livinglies
Editor’s Note: OK if you exclude that small matter of a $182 billion dollar loss, they made a profit. Other than that Mrs. Lincoln, how did you like the play?
It is absurd to allow this kind of reporting. Ever since they started monkeying around with reporting standards in the 1960’s, things like this have been [...]
Filed under: CDO, CORRUPTION, Eviction, GTC | Honor, Investor, Mortgage, bubble, currency, foreclosure, securities fraud | Tagged: fraud, bailout, foreclosure defense, borrower, disclosure, trustee, securitization, foreclosure offense, AIG, American International Group | Leave a Comment »
Posted on November 6, 2009 by livinglies
Also submitted by: mortgagefrauds@aol.com
Editor’s Note: For those who are dubious about the legal positions and theories suggested in this blog, this case will be at least somewhat instructive. It is not just a technicality. It is reality. Nobody on the lender’s side can actually trace your note and mortgage to the real party in interest [...]
Filed under: CDO, CORRUPTION, Eviction, GTC | Honor, Investor, Mortgage, bubble, currency, foreclosure, securities fraud | Tagged: affidavit, asset backed notes, bailout, borrower, collusion, disclosure, evidence, foreclosure defense, foreclosure offense, fraud, HSBC, Indenture trustee, New York, personal knowledge, real property actions, securitization, shack, valentin | 9 Comments »
Posted on November 4, 2009 by livinglies
By Greg Gordon, McClatchy Newspapers Greg Gordon, Mcclatchy Newspapers
Mon Nov 2, 6:00 am ET
SAN JOSE, Calif. — When California wildfires ruined their jewelry business, Tony Becker and his wife fell months behind on their mortgage payments and experienced firsthand the perils of subprime mortgages.
The couple wound up in a desperate, six-year fight to keep their [...]
Filed under: CDO, CORRUPTION, Eviction, GTC | Honor, Investor, Mortgage, bubble, currency, foreclosure, securities fraud | Tagged: bailout, borrower, disclosure, Federal reserve, foreclosure defense, foreclosure offense, Goldman Sachs, Lender Liability, mortgage meltdown, predatory lending, quiet title, securitization | 9 Comments »
Posted on November 3, 2009 by livinglies
Sometime back in the early Spring and Summer of this year, I had a series of meetings with Arizona officials from the legislative and executive branch right up to the top, an Alabama Class Action firm of some repute, and telephone conversations with the U.S. Attorney, and several other class action attorneys researching “relater” and [...]
Filed under: CDO, CORRUPTION, Eviction, GTC | Honor, Investor, Mortgage, bubble, currency, foreclosure, securities fraud | Tagged: fraud, bailout, inflation, mortgage meltdown, foreclosure defense, Lender Liability, borrower, disclosure, securitization, rescission, quiet title, foreclosure offense, lost note | 14 Comments »
Posted on October 29, 2009 by livinglies
We end up listening to information, not evidence, from lawyers who are not sworn in as witnesses, as to matters that are totally outside their scope of knowledge. And then we end up arguing over giving title to a party who admittedly doesn’t have one dime committed to the transaction and who stands to lose [...]
Filed under: CDO, CORRUPTION, Eviction, GTC | Honor, Investor, Mortgage, bubble, currency, foreclosure, securities fraud | Tagged: bailout, borrower, disclosure, foreclosure defense, foreclosure offense, Lender Liability, securitization, trustee | 56 Comments »
Posted on October 22, 2009 by livinglies
Wall Street was not responding to legitimate consumer demand, it was creating an artificial demand simply to create mortgage product to feed its securitization machine and generate big fees for itself.
Comment from Reader:
“MERS and the Pretender Lenders are seeking the courts to credit them with a touchdown despite the obvious fact that they do not [...]
Filed under: CDO, Eviction, GTC | Honor, Investor, Mortgage, bubble, currency, foreclosure | Tagged: bailout, borrower, disclosure, foreclosure defense, foreclosure offense, fraud, housing, inflation, Lender Liability, mortgage meltdown, predatory lending, securitization | 19 Comments »