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

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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 [...]

Costco Presents Mortgage Lending the Way It Is Supposed to Be

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment:  I have said the same thing dozens of times — with 7,000 community banks, savings banks and credit unions, the whole argument about Too Big To Fail falls flat on it’s face. The entire myth about large uncontrollable [...]

Foreclosure Strategists: Meeting in Phx: Learn about QWRs

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment:  Contact: Darrell Blomberg  Darrell@ForeclosureStrategists.com  602-686-7355 Meeting: Tuesday, April 24, 2012, 7pm to 9pm Qualified Written Requests (QWRs) 10-day Owner / Assignee Requests Payoff Demand Requests The goal of this meeting is to build an effective set of requests [...]

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

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 [...]

Believe It Or Not It’s Getting Worse

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 [...]

LPS: So We Fabricated and Forged Documents… So what? Here’s what!!

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT IT’S ALL ABOUT THE MONEY, STUPID! Editor’s Analysis: This is the moment I have been waiting for. After years of saying the documents were real, they admit, in the face of a mountain of irrefutable evidence, that the documents were not real, but [...]

Deutsch Bank Inquiry Reveals Insider Influence by Paulson

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Editor’s Comment: At the end of the day, everyone knows everything. The billions that Paulson made are directly attributable to his ability to instruct Deutsch and others as to what should be put into the Credit Default Swaps and other hedge products that [...]

Reuters: Ex-Credit Suisse Manager Pleads Guilty in Subprime Bond Probe

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Editor’s Comment: So SOMEONE is going to jail for up to five years. But the meat of this lies between the lines. First, it was a conspiracy charge. You can’t run a PONZI scheme the size of the Madoff scheme without channels that [...]

Nevada AG Asks Pointed Questions to DOJ and HUD

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT See Full Letter from Masto to DOJ and HUD Here 1-27-12 Hawaii did it, Nevada did it and now other states are doing it. Seeing the devastating effect on the state economy and the ensuing effects on the nation’s economy and the world [...]

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 [...]

Using UDCPA Fair Debt Collection Acts to get Money, Information and Fees

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT RIPE AREA FOR STEADY INCOME FOR LAWYERS REPRESENTING HOMEOWNERS Editor’s Comment: One small step for a man, one giant leap for mankind. You have both a private right of action against the debt collector and the right to apply to the FTC to [...]

Are the Prosecutions Real or Just PR for an Election Year?

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Private Litigants Still Doing the Heavy Lifting that Government Should be Doing SEE FULL ARTICLE IN NEW YORK TIMES By GRETCHEN MORGENSON PRESIDENT OBAMA told the nation last week that he was convening a task force to investigate the abusive practices in the [...]

Cuomo Appoints New Cop: Homeowners Hopeful That Truth Will be Revealed

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Expanding Reach, Cuomo Creates Second Cop on Financial Beat By DANNY HAKIM ALBANY — Benjamin M. Lawsky is not the attorney general of New York State. But one could be forgiven for being confused. Since Gov. Andrew M. Cuomo installed him as superintendent [...]

Occupy Protesters and Police Clash in Oakland

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Occupy Protesters and Police Clash in Oakland By SARAH MASLIN NIR See full story on New York Times A march to take over a vacant building by members of the Occupy movement in Oakland, Calif., turned into a violent confrontation with the police [...]

FLORIDA HOMES OWNED BY 8 LARGEST BANKS ON 1-24-2012

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Editor’s Note: As Lynn knows, these are the official figures. But the properties were deeded based upon false premises. First the credit bid wasn’t submitted by a creditor. Second the foreclosure process was defective, fraudulent and filled with forged or incomplete documents. And [...]

FED White Paper Identifies Negative Equity as Primary Economic Problem

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITORIAL NOTES: The principal problem I see is that while the Fed and other agencies are still getting their heads wrapped around what occurred in the mortgages mess, they still barely notice the elephant in the living room because if you remove the [...]

Citizens United Threatens Independence of Judicial System — Tennessee Answer to Problem

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Editor’s Note: The New York Times editorial makes a good point. Many Judges are elcted and even those who are appointed are frequently appointed by elected officials. Having money pour into these campaigns from  banks and servicers, which is what is happening, will [...]

Bribery? California promised 60% of AG Wrongful Foreclosure Settlement — Harris Still Says No

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Editor’s Note: Maybe the Banks and servicers are running scared. Maybe the AG’s are too lazy to the research with few exceptions like Harris. But, California never accounted for more than 40% of foreclosures and yet to get Harris to agree, they tried [...]

Should I Default on my Mortgage?

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Should I Default on my Mortgage? Posted on January 25th, 2012 by Mark Stopa I get all sorts of comments on this blog, not to mention inquiries from prospective clients via email. This one, which I’ll paraphrase, really caught my attention, as it [...]