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Now They See the Light — 40% of Homes Underwater

Posted on May 24, 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: They were using figures like 12% or 18% but I kept saying that when you take all the figures together and just [...]

Filed under: foreclosure | Tagged: ARIZONA, bank robberies, cash bids, chain of title, credit bids, derivatives, false attestations, FBI, FCPB, Florida, foreclosures, forgery, fraudulent declarations, Fresno, GEORGIA, Gwendolyn Cunningham, home recovery, homes underwater, inflated appraisal, investor-lenders, John W Schoen, lenders, MERS, Michigan, MISSISSIPPI, mortgage bond, mortgages, negative equity, Nevada, Ohio, Pacific Gas and Electric Building, Phoenix, pretender lenders, principal correction, realtors, REMIC, robbing banks to pay bills, robosigning, short-sale, Stan Humphries, Superfund, taxpayer, Wall Street, zillow | 13 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 »

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 »

White Paper: Many Causes of Foreclosure Crisis

Posted on May 9, 2012 by Neil Garfield

Filed under: foreclosure | Tagged: AG Horne, asset price bubbles, asymmetry of information banks used to leverage against borrowers, attorney general, AZ AG Tom Horne, borrower, bostonfed.org, Christopher L Foote, compare the tobacco settlement to the foreclosure settlement, corrupt title system, credit bids, credit bids from non-creditors, criminal actions against banks and services, Darrell Blomberg, deeds on foreclosure, design policies, Economists, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, FORECLOSURE SETTLEMENT, Foreclosure Strategist, foreclosures, homeowners tricked, Kristopher S Gerardi, Moral Hazard, Mortgage, mortgage bonds, mortgage fraud, mortgage meltdown, mortgages, Paul S Willen, predatory lending, public policy discussion paper no. 12-2, racketeering of banks and services, reckless disregard, securitized loans, settlement, sham auctions, sham transactions, The causes of the foreclosure crisis, theft of investor money, TILA, Tom Horne, uninformed mortgage borrowers, unscrupulous bankers, wild deeds | 23 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 »

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 »

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 »

HOAs Retaliate Against Banks Skipping Out on Paying Maintenance Expenses

Posted on May 2, 2012 by Neil Garfield

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment: Having had the experience of representing Condominium Associations, Cooperatives and Homeowners Associations in Florida on a large scale, I am acutely aware of the pain they feel when “neighbors” don’t pay their monthly fees. The rest of the [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: abandoned homes, Anthony DiMarco, auction fraud, Bank of New York Mellon, borrower, Brandon Mullis, canceled home auctions, canceled home sales, chain of title, credit bid, FishHawk Ranch, Florida bankers Association, foreclosure, foreclosures, Hillsborough county, HOA, Homeowner's Association, housing inventory, housing market, Judge Herbert Baumann Jr., Leonard J Mankin, Mortgage, mortgages, Palm Harbor, Pinellas county, Rizzetta & Co., Snell Island, Tampa's Avila, Thomas McGrady chief judge, title, US BANK, Valencia Gardens Homeowner's Association, Valencia Gardens subdivision | 31 Comments »

Costco Presents Mortgage Lending the Way It Is Supposed to Be

Posted on April 30, 2012 by Neil Garfield

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 [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: borrower, Costco, Costco auto loans, Costco mortgage, Costco student loans, First Choice Bank, Gumbinger, home loan, LOAN MODIFICATION, modification, mortgages | 31 Comments »

Guest Writer Shares Info on Fraud in CA Foreclosure Cases

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 Editor’s Comment: The following information was submitted to the blog by a law firm. We do not know this law firm. We are simply passing along information that may be of interest to Californians. As always, please do your research. [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: bankruptcy, borrower, court cases, creditor, Eviction, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, FORECLOSURE SETTLEMENT, foreclosures, forgery, fraud, fraud as cause of action, housing market, housing prices, Mortgage, mortgage fraud, mortgages, predatory lending | 39 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 »

National Notary Association Takes Up Robosigning

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: National Notary Association to take Up Issue of Forgery, Robosigning and attesting to authority in corporate capacity. Arizona’s Ken Bennett, Secretary of State, is among the officials leading the charge on this issue. Notary Trade Group: Foreclosure Fraud [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: Arizona Secretary of State, borrower, Ethical notarization, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, foreclosures, forgery, fraud, housing market, Ken Bennett, Mortgage, mortgage meltdown, mortgages, National Mortgage Settlement, National Notary Association, notary compliance, notary forgery, Notary Trade Group, predatory lending, quiet title, rescission, Robo-Signing, robosigning | 30 Comments »

Don’t leave or enter short sale home without quiet title and adequate title insurance.

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 U.S. home short sales surpass foreclosure deals for first time Editor’s Comment: Well of course short sales will be higher than REO sales. REO sales of foreclosed property where the bank or its agent owns the property presents a virtually [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: bankruptcy, borrower, creditor, foreclosure, foreclosure defense, foreclosure fraud, foreclosure offense, FORECLOSURE SETTLEMENT, foreclosures, housing market, housing prices, Mortgage, mortgage fruad, mortgage meltdown, mortgages, New Mexico, predatory lending, quiet title, REO sales, reverse eviction, reverse foreclosure, short-sale, title insurance | 23 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 »

Current Bank Plan Is Same as $10 million Interest Free Loan for Every American

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 “I wonder how many audience members know that Bair’s plan is more or less exactly the revenue model for all of America’s biggest banks. You go to the Fed, get a buttload of free money, lend it out at interest [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: foreclosures, investors, housing prices, Wells Fargo, attorney general, settlement, Bank of America, FDIC, FORECLOSURE SETTLEMENT, appraisal fraud, foreclosure crisis, mortgages, Moody's, Sheila Bair, Morgan Stanley, Goldman, Citi, forgery, housing market, Zero Hedge, strategic default, Matt Taibbi, Robo-Signing, foreclosure fraud, Business News, big banks, credit bids, mortgage fruad, auction fraud, Chris Koster, mortgage settlement, Children, Poverty, Child Poverty, Children In Recession, Foreclosure Children, Kids In Recession, the Fed, Laurence Fink, BlackRock's CEO | 4 Comments »

Bringing in the Clowns Through Breach of Fiduciary Duties

Posted on April 23, 2012 by Neil Garfield

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment: In my many conversations with both attorneys and pro se litigants they frequently express intense frustration about those invisible relationships and entities that permeate the entire mortgage model starting in the 1990′s and continuing to the present day, [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: appraisal fraud, attorney general, auction fraud, closing table, DocX Indictment, fiduciary duty, fiduciary relationship, foreclosure fraud, FORECLOSURE SETTLEMENT, foreclosures, forgery, housing market, housing prices, investors, MERS, mortgage fruad, mortgages, PSA, Reg Z, Robo-Signing, settlement, strategic default, Substitution of Trustee, trustee | 85 Comments »

FireDogLake: How the Corruption of the Land Title System is NOT Being Fixed

Posted on April 21, 2012 by Neil Garfield

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 “You’re talking about massive, massive fraud. And this is what the state Attorneys General and the federal regulators gave up, in exchange for their non-investigatory investigation.” The Real Foreclosure Fraud Story: Corruption of the Land Title System By: David Dayen [...]

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: 60 minutes, AHMSI, appraisal fraud, attorney general, auction fraud, Chris Koster, credit bids, DocX Indictment, foreclosure fraud, FORECLOSURE SETTLEMENT, foreclosures, forgery, housing market, housing prices, investors, linda green, LPS, Missouri, mortgage fruad, mortgages, Robo-Signing, settlement, strategic default, Wells Fargo | 115 Comments »

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Now They See the Light — 40% of Homes Underwater

Another Ruse: Realtors Gleeful over Equator Short Sale Platform

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

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

White Paper: Many Causes of Foreclosure Crisis

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

Hiding Behind Advice of Counsel No Better Than Ratings

People Have Answers, Will Anyone Listen?

HOAs Retaliate Against Banks Skipping Out on Paying Maintenance Expenses

Costco Presents Mortgage Lending the Way It Is Supposed to Be

Guest Writer Shares Info on Fraud in CA Foreclosure Cases

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

How the Goldman Vampire Squid Just Captured Europe

National Notary Association Takes Up Robosigning

Don’t leave or enter short sale home without quiet title and adequate title insurance.

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

ANOTHER VICTORY IN OKLAHOMA

Current Bank Plan Is Same as $10 million Interest Free Loan for Every American

Bringing in the Clowns Through Breach of Fiduciary Duties

FireDogLake: How the Corruption of the Land Title System is NOT Being Fixed

How Long Will it Take?

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