People Have Answers, Will Anyone Listen?

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment:  Thanks to Home Preservation Network for alerting us to John Griffith’s Statement before the Congressional Progressive Caucus U.S. House of Representatives.  See his statement below.   People who know the systemic flaws caused by Wall Street are getting [...]

How Did H & R Block Get into the Subprime Mortgage Business?

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Tax Preparer Slammed with $24 Million in Fines on Toxic Mortgages Editor’s Comment:  You really have to think about some of these stories and what they mean.  1. Where is the synergy in a merger between Option One and H&R [...]

Securitization – The Undead Heart of The Shadow Banking Machine

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment:  The article below was written by David Malone of the Golem XIV: Author of the Debt Generation, website, and was submitted to this blog by ELLEN BROWN Ellen is an attorney and the author of eleven books, including Web [...]

How the Goldman Vampire Squid Just Captured Europe

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment: Guest Writer:  Ellen Brown Ellen is an attorney and the author of eleven books, including Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free. Her websites are webofdebt.com and ellenbrown.com.  She [...]

Lawyers Take Note: Wells Fargo Slammed With $3.1 Million Punitive Damages on One Wrongful Foreclosure

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 GARFIELD PROPOSES NATIONAL LAW FIRM FOR COUNTER-ATTACK Editor’s Comment:  The most perplexing part of this mortgage mess has been the unwillingness of the legal community to take on the Banks. Besides the intimidation factor the primary source of resistance has [...]

How Wall Street Perverted the 4 Cs of Mortgage Underwriting

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment:  For thousands of years since the dawn of money credit has been an integral part of the equation.  Anytime a person, company or institution takes your money or valuables in exchange for a promise that it will return [...]

Student Loans Are The Next Major Crack in Our Finance

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Disclosure to Student Borrowers: www.nytimes.com/2012/04/08/opinion/sunday/disclosure-to-student-borrowers.html?_r=1&ref=todayspaper Editor’s Comment:  “We have created a world of finance in which it is more lucrative to lose money and get paid by the government, than to make money and contribute to society.  In the Soviet Union [...]

Banks Cover Up Their Actual Losses and Insolvency

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT RECEIVERS SHOULD BE APPOINTED TO FORCE DISGORGEMENT OF PENSION MONEY Editor’s Note: It isn’t just the Banks that are covering up the fact that those “assets” on their balance sheet are not assets and never were owned by the Banks. The underlying threat [...]

DOJ INVESTIGATION: “OPERATION STOLEN DREAMS”

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT TREASURY DEPARTMENT SUSPENDED LOAN MODIFICATION INCENTIVE PAYMENTS TO BOA Arthur Schack, a state court judge in Brooklyn, in a 2010 ruling said that pleadings by the Baum firm on behalf of HSBC Bank, a unit of London-based HSBC Holdings HSBA.L, in a foreclosure [...]

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 [...]

Government Accounting Office (GAO): Bailout was $16 TRILLION

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S ANALYSIS: Let’s do the Math. The total of ALL Mortgages in the mortgage mess was $13 Trillion. That includes all the mortgages that went into default AND all the mortgages that didn’t go into default (assuming we accept the word “default” as [...]

FRAUD: The Significance of the Game Changing FHFA Lawsuits

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE FHFA ACCUSES BANKS OF FRAUD: THEY KNEW THEY WERE LYING “FHFA has refrained from sugar coating the banks’ alleged conduct as mere inadvertence, negligence, or recklessness, as many plaintiffs have done thus far.  Instead, it has come right out and accused certain banks [...]

$1.2 Trillion in Secret Additional Bailout for Banks with No Collateral and No Commitments

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE see VIDEO $1.2 Trillion in EXTRA BAILOUT MONEY FROM FED SECRETLY GIVEN TO DOMESTIC AND FOREIGN BANKS Of course the figure is much higher, but the secrecy surrounding the money given by the Fed to the banks is something to enrage any tea [...]

DERIVATIVES ESCAPE REGULATION

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 RESTLESS CONSUMERS GROW WEARY OF BANK CONTROL OVER REGULATION “Regulators have missed more than two dozen deadlines for new Dodd-Frank rules, which [...]

NY APPELLATE COURT: MERS IS A FICTIONAL CHARACTER — LIKE DONALD DUCK

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE LIVINGLIES VINDICATED BY THIRD APPELLATE DECISION IN AS MANY DAYS SOUTH FLORIDA SEMINAR FILLING UP — REGISTER TODAY TO GET EARLY BIRD DISCOUNT FOR EARLY BIRD REGISTRATION RUNS OUT ON JUNE 15 CLICK HERE TO REGISTER FOR 2 DAY GARFIELD CONTINUUM CLE SEMINAR [...]

NY and DE Examine Trust Documentation: Pandora’s Box Open

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE — EVIDENCE COUNTS!!! click-here-to-register-for-seminar   WHY YOU NEED TO ATTEND GARFIELD CONTINUUM SEMINAR If you don’t understand why the bundling of mortgages at the level of the investment banks is important to your case(s) involving securitized mortgages, then you don’t “get it” yet. [...]

Mary Cochrane on Fighting Back

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Dear Scott, and all ‘Consumers’ stop being bullied! Open up the windows and scream outside at the top of your lungs! Just like in the move was it in BROOKLYN? ‘I AM NOT GOING TO TAKE THIS ANYMORE”? Consumers are in danger of [...]

NORRIS: LAWSUITS AGAINST AUDITORS ARE COMING AND THEY WILL BE HUGE

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE CLASS ACTION LAWYERS SHOULD LOOK AT A HOMEOWNER SUITS AGAINST MEGABANK AUDITORS AUDIT STANDARDS REQUIRE A HEALTHY DEGREE OF “SKEPTICISM”   EDITOR’S NOTE: 4 years ago, I spoke with some people in the big SEC auditing firms that give “clean” letters to public [...]

WSJ: BANK STOCKS TUMBLING ON DOUBTS THAT MORTGAGES ARE ENFORCEABLE

MOST POPULAR ARTICLES GET FORENSIC LOAN ANALYSIS AND THEN PURCHASE COMBO GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “The battle liens are drawn: either the pretender lenders with nothing at stake except satisfaction of greed or the homeowner -borrowers who were duped by fraudulent appraisals and other predatory and fraudulent lending practices are [...]

LEHMAN MANAGEMENT MAY OFF THE HOOK BUT DOUBT PERSISTS AS TO WHETHER VALUE EXISTS IN MORTGAGES OR MORTGAGE BONDS

MOST POPULAR ARTICLES GET FORENSIC LOAN ANALYSIS AND THEN PURCHASE COMBO GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTES: Maybe Lehman management is flipping for the prosecution. The fact remains that there is growing doubt whether there is any justification for putting a value on mortgages that are unenforceable and therefore whether [...]