Lender Liability « Livinglies's Weblog

Short Sale No Protection Against Bank

Posted on May 16, 2012 by Neil Garfield

Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Editor’s Comment: As if on queue this story appears. I have been warning buyers of short sales that they face strong headwinds in maintaining [...]

Filed under: foreclosure | Tagged: Allan Danforth, foreclosure, foreclosure fraud, Jackson County, JP Morgan Chase, KMBC, Lender Liability, punitive damages, realtor, Safeguard Properties, service originator, short-sale, theft by bank, title agent, Tony Stein | 44 Comments »

Another Ruse: Realtors Gleeful over Equator Short Sale Platform

Posted on May 16, 2012 by Neil Garfield

Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual – Pre-Order NOW for an up to $150 discount LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Want to read more? Download entire introduction for the Attorney Workbook, Treatise & Practice Manual 2012 [...]

Filed under: foreclosure | Tagged: assignment, Bank of America, Bank of America Short Sale Addendum, BOA, borrower, Buyer's Acknowledgment and Disclosure, chain of title, closed loans, closing papers, county recorder, credit bid, dummy originators, Equator, Equator Short Sale Platform, fund the trust, GMAC, HUD-1, investment bank, investor-lenders, IRS, IRS Form 4506-T, Lender Liability, loss mitigation, MasterCard, MERS, Mortgage, mortgages, Nationstar, offer of proof, owner of the obligation, payment processing, principal reduction, Purchase Contract, realtors, REMIC, requirement of proof, right to foreclose, securitization chain, securitization claims, Service One, short sale applications, third party authorization form, title companies, title defect, title problem, transfer, trust, unfunded trust, Visa, Wells Fargo | 23 Comments »

Foreclosure Strategists: Phx. Meet tonight: Make the record in your case

Posted on May 15, 2012 by Neil Garfield

Filed under: foreclosure | Tagged: appeal, attorney general, bankruptcy, borrower, court, Darrell Blomberg, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, FORECLOSURE SETTLEMENT, Foreclosure Strategists, foreclosures, forgery, homeowners, housing market, housing prices, Lender Liability, Macayo's Restaurant Phoenix, Make the record, making the record, Mortgage, mortgage meltdown, mortgages, predatory lending | 1 Comment »

Everything Built on Myth Eventually Fails

Posted on May 15, 2012 by Neil Garfield

Filed under: foreclosure | Tagged: Accountable, American Banker, Anat Admati, BALANCE SHEETS, Bank of America, banks, Banks are Too Big to Regulate, Bloomberg, Brown-Kaufman amendment, Camden Fine, chief of staff, Citigroup, creditor, DELAWARE, Dodd-Frank, Economix, Fair and Efficient Banking Act, FDIC, Federal Deposit Insurance Corporation., Federal Reserve Bank of Dallas, Federal Reserve Bank of Kansas City, Federal Reserve window, financial lobby, free house, free money, governor of the Bank of England, governor of Utah, insurance payoff, investor-lenders, Jamie Dimon, Jeff Connaughton, Jon Huntsman, JP Morgan, JPM people, Lender Liability, leverage ratio, MEGABANKS, Mervyn King, mortgage bonds, mortgage loan, Myth, non-bank financial institutions, Politico, predatory lending, President of the Independent Community Bankers of America, principal reduction, Professor admati, public policy, regulators, REMIC, risk management, Safe, securitization chain, Senate, Senate banking committee, Senator Bernie Sanders, Senator Brown, Senator Sherrod Brown, Senator Ted Kaufman, Sheila Bair, Simon Johnson, taxpayer bailout, taxpayers, Tom Hoenig, too big to fail, Too Big to Manage, toxic loans, tranches, Treasury Department, Truth in Lending Law, Wall Street lobby, Wells Fargo, Who Wants to Break Up the Big Banks? | 26 Comments »

AP Fannie, Freddie and BOA set to Reduce Principal and Payments

Posted on May 11, 2012 by Neil Garfield

Filed under: foreclosure | Tagged: attorneys general, Bank of America, Bank of America Corp, BOA, BofA, borrower, California Housing Finance Agency, Edward J DeMarco, fake appraisals, Fannie MAe, foreclosure, foreclosure prevention, FORECLOSURE SETTLEMENT, foreclosures, Freddie Mac, housing market, housing prices, JP Morgan Chase & Co, Keep Your Home California, Lender Liability, LOAN MODIFICATION, Mortgage, mortgage lien, mortgage meltdown, mortgages, origination documents, predatory lending, principal reduction, reduce foreclosures, reduce mortgage balances, reduce payments, reduce principal and payments, reducing principal, Richard Green, settlement, underwater homeowners, USC Lusk Center for Real Estate, Wall Street bailout, Wells Fargo & Co | 83 Comments »

The Reporter Who Saw it Coming

Posted on May 8, 2012 by Neil Garfield

Filed under: foreclosure | Tagged: Ameriquest, bond market, borrower, Center for Public Integrity, CitiFinancial, Citigroup, countrywide, Dean Starkman, derivatives, disclosure, doctoring documents, Federal Trade Commission, financial alchemy, Ford Motor Company, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, foreclosures, forgery, General Electric, global crisis, global financial meltdown, Household Finance, housing market, housing prices, investors, Lender Liability, Mike Hudson, mortgage backed securities, mortgage meltdown, Ponzi scheme, predatory lending, Rich Lord, rogue lenders, securitization, subprime mortgage, systematic fraud, trustee | 32 Comments »

Foreclosure Strategists: Phx. Meet tomorrow with AZ AG Tom Horne

Posted on May 7, 2012 by Neil Garfield

Filed under: foreclosure | Tagged: attorney general, AZ Attorney General, Bank of America, bankruptcy, borrower, countrywide, Darrell Blomberg, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, FORECLOSURE SETTLEMENT, Foreclosure Strategists, foreclosures, forgery, fraud, housing market, housing prices, Lender Liability, Macayo's Restaurant Phoenix, Mortgage, mortgage meltdown, mortgages, predatory lending, Tom Horne | 1 Comment »

Mortgage Rates in U.S. Decline to Record Lows With 30-Year Loan at 3.84%

Posted on May 7, 2012 by Neil Garfield

Filed under: foreclosure | Tagged: BLOOMBERG NEWS, borrower, Case/Schiller index, consumer debt, debt bürden, Eviction, Federal reserve, financial sector, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, foreclosures, forgery, fraud, Gdp, housing market, housing prices, investment bankers, investment capital, Lender Liability, Mortgage, mortgage meltdown, mortgage rates, predatory lending, TBTF, tier 2 yield spread premium | 3 Comments »

Hiding Behind Advice of Counsel No Better Than Ratings

Posted on May 4, 2012 by Neil Garfield

Filed under: foreclosure | Tagged: foreclosures, foreclosure, Mortgage, Wells Fargo, foreclosure defense, Lender Liability, disclosure, Bank of America, predatory lending, foreclosure offense, SEC, US BANK, mortgages, Moody's, Fitch, Securities and Exchange Commission, financial crisis, investment banks, forgery, fabrication, BOA, Robert Khuzami, S&P, Justice Department, foreclosure fraud, Commodity Futures Trading Commission, Attorney Misconduct, securitization structure, securitization procedure, document trail, home and commercial mortgages, Bar Association, behavior of lawyers, discipline lawyers, regulate lawyers, mortgage-bond deals, Claudius Modesti, Public Company Accounting Oversight Board, accounting watchdog, Sarbanes-Oxley Act, professional misconduct, Kenneth Lench, CFTC, John Wood, U.S. Attorney for the Western District of Missouri, Steven Altman, Jeffrey Hoffman, David Tamman, Stanley Stone, Nixon Peabody LLP, U.S. District Judge Roger Titus, Lauren Stevens, GlaxoSmithKline PLC, Reid Weingarten, Hughes Hubbard & Reed LLP | 46 Comments »

Breakthrough Whistleblowers for Sale?

Posted on May 4, 2012 by Neil Garfield

Filed under: foreclosure | Tagged: bankruptcy, bankruptcy remote, closing documents, disclosure, Executive departures at Fannie, foreclosure, foreclosure defense, foreclosure offense, foreclosures, Freddie and Investment Banks, GSE, investment banking, investor pools, investors, Lender Liability, lending pools, predatory lending, whistle blowers | 15 Comments »

People Have Answers, Will Anyone Listen?

Posted on May 3, 2012 by Neil Garfield

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 [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: appraisal fraud, auction fraud, bailout, bankruptcy, borrower, Center for American Progress Action Fund, Congressional Progressive Caucus U.S. House of Representatives, disclosure, Eviction, Fannie MAe, Federal reserve, FHFA, foreclosure, foreclosure crisis, foreclosure defense, foreclosure fraud, foreclosure offense, FORECLOSURE SETTLEMENT, foreclosures, forgery, fraud, Freddie Mac, Grijalva, HAMP, housing market, housing policy, housing prices, investors, John Griffith, Jordan Eizenga, Lender Liability, LOAN MODIFICATION, Martin Andelman, MERS, mortgage meltdown, mortgages, predatory lending, Preventing more foreclosures, principal reduction, rescission, RESPA, Robo-Signing, securitization, settlement, strategic default, TILA audit, trustee | 42 Comments »

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

Posted on April 27, 2012 by Neil Garfield

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 [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: assignment, bailout, foreclosure defense, foreclosure fraud, foreclosure offense, foreclosures, forgery, H & R Block, housing market, Investor, investors, Lender Liability, merger between Option One and H&R Block, money trail, mortgage backed securities, mortgage meltdown, mortgages, Ocwen, Option One, predatory lending, PSA, residential mortgage-backed securities, Robert Khuzami, Sand Canyon Corp, SEC, Securities and Exchange Commission, securitization, Subprime Mortgage Business, tax company, TILA, toxic mortgages | 25 Comments »

How the Goldman Vampire Squid Just Captured Europe

Posted on April 26, 2012 by Neil Garfield

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 [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: bailout, bankruptcy, borrower, Ecb, Ellen Brown, ESM, EU collages, European Central Bank, European Financial Stabilization Mechanism, European Stability Mechanism, Federal reserve, foreclosure offense, forgery, fraud, Goldman Sachs, Henry Paulson, housing market, housing prices, Lender Liability, Mario Draghi, Mortgage, mortgage meltdown, mortgages, permanent bailout fund, predatory lending, securitization, TARP, Troubled Asset Relief Program, Truthout | 10 Comments »

TBTF Banks Bigger than Ever — How is that possible in a recession?

Posted on April 25, 2012 by Neil Garfield

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment: The pernicious effect of the banks and the difficulty of regulating them across transnational and state borders has led to a growing nightmare that history will repeat itself sooner than later. This is to rocket science — it [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: Bank of America, Bear Sterns, borrower, Dodd-Frank, FDIC, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, Goldman Sachs, housing market, International Monetary Fund, Jamie Dimon, Jerry Dubrowksi, JPMorgan, Lender Liability, Mortgage, mortgage aggregator, mortgage fruad, mortgages, Occupy wall Street, predatory lending, TBTF, tier 2 YSP, Timothy Geithner, too big to fail, trading paper, Troubled Asset Relief Program, Wells Fargo | 13 Comments »

ANOTHER VICTORY IN OKLAHOMA

Posted on April 24, 2012 by Neil Garfield

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment: There is no doubt that the tide is turning and that Judges are increasingly uncomfortable with the presence of forged, fabricated documents containing fraudulent statements of fact on transactions that never actually occurred. As this article explains, in [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: Allied Home Mortgage, appraisal fraud, auction fraud, borrower, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, FORECLOSURE SETTLEMENT, foreclosures, forgery, fraud, homeowner, housing market, HUD, Lender Liability, Mortgage, mortgage assignment, mortgage fruad, mortgages, Oklahoma Supreme Court, predatory lending | 54 Comments »

AZ Secretary of State Ken Bennett Guest Speaker at Phoenix Foreclosure Strategists Meeting

Posted on April 16, 2012 by Neil Garfield

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Foreclosure Strategists: Phoenix Arizona Contact: Darrell Blomberg 602-686-7355 or Darrell@ForeclosureStrategists.com Meeting: Tuesday, April 17, 2012 Special guest speaker: Arizona Secretary of State Ken Bennett Some of the topics we will be discussing are: Duties of the Secretary of the State [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: attorney general, bankruptcy, borrower, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, FORECLOSURE SETTLEMENT, Foreclosure Strategists, foreclosures, forgery, fraud, housing market, Ken Bennett AZ Secretary of State, Lender Liability, LOAN MODIFICATION, MERS, modification, Mortgage, mortgage fruad, mortgages, notarized vs acknowledged, notary complaint, notary fraud, notary reinstated, notary suspension, Paula Gruntmeir notary, predatory lending, quiet title, secretary of state, strategic default | 3 Comments »

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

Posted on April 12, 2012 by Neil Garfield

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 [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: appraisal fraud, bailout, bank error, bankruptcy, borrower, disclosure, Eviction, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, foreclosures, forgery, fraud, housing market, investors, Lender Liability, loan servicer, Louisiana, mortgages, predatory lending, settlement, The Center for Public Integrity, Wells Fargo | 149 Comments »

Believe It Or Not It’s Getting Worse

Posted on April 10, 2012 by Neil Garfield

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment: Foreclosures And The Bottomless Pit Written by: Mike Whitney “There are many good reasons to believe that the 5.5 million foreclosures we have seen are barely halfway through their full course. The United States may end up with a [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: appraisal fraud, borrower, distressed homes, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, FORECLOSURE SETTLEMENT, foreclosures, forgery, fraud, housing market, housing prices, investors, Lender Liability, LOAN MODIFICATION, Moody, Mortgage, mortgage fruad, real estate inventory, securitization, settlement | 30 Comments »

How Wall Street Perverted the 4 Cs of Mortgage Underwriting

Posted on April 10, 2012 by Neil Garfield

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 [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: appraisal fraud, bailout, borrower, capacity, cash, collateral, community bank, credit, credit union, credit-default swap, disclosure, FDIC, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, FORECLOSURE SETTLEMENT, foreclosures, forgery, fraud, housing market, investors, Lender Liability, loan underwriting, MEGABANKS, Merendon Mining, Mortgage, mortgage fruad, mortgage meltdown, mortgages, predatory lending, RESPA, securitization, settlement | 10 Comments »

You Know You are Losing When

Posted on March 31, 2012 by Neil Garfield

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Taking a line from Jeff Foxworthy, I have compiled the following guidelines of how to know when you are going to lose against the thieving bank seeking to steal your property. You might call it, “You know your screwed when…” [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: appraisal fraud, attorney general, auction fraud, borrower, chain of title, credit bids, credit default swaps, creditor, default, DocX Indictment, foreclosure defense, foreclosure fraud, FORECLOSURE SETTLEMENT, foreclosures, forgery, housing market, housing prices, investors, Lender Liability, LPS, MERS, mortgage fruad, mortgages, Robo-Signing, securitization, settlement, strategic default | 178 Comments »

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Short Sale No Protection Against Bank

Another Ruse: Realtors Gleeful over Equator Short Sale Platform

Foreclosure Strategists: Phx. Meet tonight: Make the record in your case

Everything Built on Myth Eventually Fails

AP Fannie, Freddie and BOA set to Reduce Principal and Payments

The Reporter Who Saw it Coming

Foreclosure Strategists: Phx. Meet tomorrow with AZ AG Tom Horne

Mortgage Rates in U.S. Decline to Record Lows With 30-Year Loan at 3.84%

Hiding Behind Advice of Counsel No Better Than Ratings

Breakthrough Whistleblowers for Sale?

People Have Answers, Will Anyone Listen?

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

How the Goldman Vampire Squid Just Captured Europe

TBTF Banks Bigger than Ever — How is that possible in a recession?

ANOTHER VICTORY IN OKLAHOMA

AZ Secretary of State Ken Bennett Guest Speaker at Phoenix Foreclosure Strategists Meeting

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

Believe It Or Not It’s Getting Worse

How Wall Street Perverted the 4 Cs of Mortgage Underwriting

You Know You are Losing When

How Long Will it Take?

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