Fannie and Freddie Knew of Mortgage and Foreclosure Fraud 10 years Ago

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S COMMENT: As each day goes by we see increasing evidence that nothing about this mortgage mess was a surprise for those who were involved in it. I remember when I was on Wall Street. Everyone knows everything. And whatever the [...]

Nye Lavalle’s Early Warning in 2003 Profiled In New York Times

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 “The Fraud of Our Lifetime” Robert D. Drain, a federal bankruptcy judge in the Southern District of New York, said in court last month that the failure of the mortgage industry to deal with pervasive problems involving inaccurate documentation and improper [...]

Fannie and Freddie Preventing Modifications and Betting Against Modifications at the Same Time

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Freddie Mac, Deutsche Bank Caught Up In Securities Allegations By: David Dayen See Full Article on FIredoglake.com   One reason why I don’t think we should particularly accept a six-month timeline on significant action from the RMBS working group is that there’s so much already in [...]

FBI LAUNCHES PROBE OF FANNIE, FREDDIE

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT FBI LAUNCHES PROBE OF FANNIE, FREDDIE Former housing execs face grilling as SEC sues over risky mortgages By Andrew Strickler and Josh Bernstein Saturday, December 17, 2011 Federal investigators want to know whether executives at mortgage finance giants Fannie Mae and Freddie Mac misled [...]

Ex-Freddie Mac, Fannie Mae chiefs sued by SEC over loans

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: In my opinion they should not be just sued by a regulatory agency with a civil result. And whatever Obama says he has been told, the acts committed were illegal and probably criminal, despite reports to him to the contrary. Yet [...]

SELLOUT TO MERS MEMBERS — AMNESTY!?: FANNIE MAE ISSUES NEW GUIDELINES ON RECORDING ASSIGNMENTS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: It appears as though Fannie Mae is trying to give some wiggle room to banks and servicers under the guise of new guidelines. But State law prevails and the guidelines are only effective as a matter of contract between FANNIE and [...]

FANNIE AND FREDDIE BLOCK INFORMATION, PROTECTING BANKS AND FORECLOSURES

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “Fannie and Freddie should be held accountable for (1) failing to check whether the loans were in fact viable, in conformity with GSE requirements and industry standards for underwriting (2) failing to check whether the loans were properly transferred by the actual owner [...]

Fannie and Freddie Platinum Sponsors with (MERS and LPS) of Upscale Event for Bankers

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE UNDERLYING THEME: HOW TO GET THE SIGNATURE OF HOMEOWNER WITHOUT ALERTING ALL HOMEOWNERS THAT THEIR SIGNATURE IS NOW A VALUABLE COMMODITY AHC AND LIVINGLIES ANNOUNCE LAUNCH OF AMGAR EDITOR’S COMMENT: Are they really that tone deaf? It appears the answer is yes as [...]

FANNIE AND FREDDIE CONTINUE TO BLOCK THE ONLY WORKABLE HOUSING SOLUTION

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE PRINCIPAL CORRECTION IS THE ONLY WAY OUT FOR BOTH INVESTORS AND HOMEOWNERS EDITOR’S NOTE: First let me remind you that this is not a reduction in principal, it is a correction — because the original figures were wrong and everyone but the borrower [...]

TITLE ISSUES ERUPT BETWEEN THE GIANTS OF THE INDUSTRY

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: As we turn the corner and enter a new inning in the “game” of securitization, the real issues are starting to erupt as the players get nasty with each other and not just with homeowners. As pointed out to me recently [...]

IMPERFECT LIENS TRANSFERRED BY IMPERFECT MEANS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE FANNIE MAE: Servicers Required to Report Title Defects and “Repurchase” EDITOR’S NOTE: STEP BY STEP, the noose tightens.  Fannie Mae bought nothing and they know it. And they bought it from someone who had bought nothing and knew it. Nobody cared while the [...]

MERS: A FAILED ATTEMPT AT BYPASSING STATE AND FEDERAL AUTHORITY

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE from STOP FORECLOSURE FRAUD Fannie-Freddie’s Hypocritical Suit Against Banks Making Loans that GSEs Helped Create EDITOR’S NOTE:  Practically everything that the government is doing with respect to the economy and the housing market in particular is hypocritical. If we look to the result [...]

Aztec Foreclosure Corp Antics Analyzed

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE BY ‘NANCY DREW” In California, OR, WA, CO (non judicial states) place an Automatic Stay one must file Bankruptcy “BK” which stops notice of defaults? sadly allowing substitute trustee to act as robo-mill and includes bank attorneys who don’t have to reveal ‘security’ [...]

START WITH THE WRONG ASSUMPTION — END UP WITH THE WRONG RESULT

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S ANALYSIS: I keep encountering the same myth, which is being overlooked by people on all sides; virtually none of the mortgages were ever sold to Fannie or Freddie. It doesn’t matter if they have it on their website as being owned by [...]

SCREWING UP TITLE EVEN MORE: FANNIE AND FREDDIE OFFLOADING PROPERTIES IT DOES NOT OWN

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: THEY JUST DON’T WANT TO GET IT, DO THEY? After years of evidence and proof disregarded in courts because of “say it isn’t so” thinking, the former GSEs, now entirely nationalized by our government are trying to sell the property they [...]

ALL ABOUT FIS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: There might be some discoverable information in the records of GSE’s like Fannie and Freddie. I note in particular that there are specific requirements for appraisals. I’d like to see whether the fraudulent appraisals differed in any respect from the fraudulent [...]

Fannie and Freddie Hiding Over $100 Billion of Losses?

Posted on March 23, 2011 by Foreclosureblues Fannie and Freddie Hiding Over $100 Billion of Losses? Today, March 23, 2011, 3 hours ago | Yves Smith Bank expert Chris Whalen has a little bombshell in his current newsletter. It’s so obvious that it should not only have occurred to me but pretty much everyone on [...]

FANNIE, FREDDIE ENDS RELATIONSHIP WITH FLORIDA LAW OFFICES OF DAVID J. STERN

Hey Dave, that thing in your throat is called an order of disgorgement. Posted on02 November 2010. Tags: affidavits, assignment of mortgage, baron, djsp enterprises, fannie mae, files, foreclosure fraud, fraudulent documents, Freddie Mac, law offices of david J. stern plantation florida 33324, Tammie Lou Kapusta Fannie, Freddie Take Loan Files From Florida Law Firm [...]

Federal bailout for Fannie, Freddie could more than double, regulator says $215 billion

Editor’s Note: All this because they won’t face reality and insist on maintaining the illusion that the “loan” transactions were anything but empty promises based on misrepresentations. There is another way out of this without letting the Wall Street socialists continue to dine at the taxpayer trough. To do that we have to put aside [...]

What Do Those Losses at Fannie and Freddie Mean?

Editor’s Note: While the courts hear arguments and decide this way and that about standing and real party in interest, the elephant in the living room is that we have highly publicized reports of LOSSES associated with more than $5 trillion in loans bought or guaranteed by Fannie and Freddie. That amounts to around 25 [...]