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 [...]

SPECTRE OF FRAUD OF ALL TYPES HAUNTING BOFA, CITI, CHASE, WELLS ET AL

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE New York AG Schneiderman Comes out Swinging at BofA, BoNY Posted By igradman On August 5, 2011 (4:28 pm) In Attorneys General This is big.  Though we’ve seen leading indicators over the last few weeks that New York Attorney General Eric Schneiderman might [...]

NO END IN SIGHT: MINNESOTA SHUTS DOWN COMPLETELY

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: It’s frustrating. Many of us did the math and came up with the only possible conclusion. State and local governments would default, starting now, in increasing numbers. They default on essential, social and other services leaving he citizens without any government [...]

FDIC SUES LPS AND CORELOGIC ON APPRAISAL FRAUD

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE SEE FULL ARTICLE ON SUBPRIMESHAKEOUT.COM LINK BETWEEN APPRAISAL FRAUD AND HIDDEN 2D TIER YIELD SPREAD PREMIUM EDITOR’S NOTE: Now the FDIC gets it too. THE WORSE THE LOAN THE MORE MONEY THEY MADE. In the convoluted logic of the mortgage mess the investment [...]

Discovery Tips from Abby

Discovery Tips – A summary and reminder!! In the discovery for each link in the securitization chain there must be: a note, a purchase and sale agreement; a transfer receipt; a delivery receipt; a bond if the notes are endorsed in blank; a receipt of funds for the purchase of the note; and a disbursement [...]

SEC Charges Goldman Sachs With Fraud: Complaint Reveals Discovery Tips

see comp-pr2010-59 SEC Complaint V GS Fraud “The Commission seeks injunctive relief, disgorgement of profits, prejudgment interest and civil penalties from both defendants.” Editor’s Note: Here is where the rubber meets the road. This same pool of illegal fraudulent profit is also subject to being defined as an undisclosed yield spread premium due to the [...]

If the Bank of England wants this information, how can this court deem it irrelevant?

SEE ALSO BOE PAPER ON ABS DISCLOSURE condocmar10 If the Bank of England wants this information, how can this court deem it irrelevant? NOTE: BOE defines investors as note-holders. information on the remaining life, balance and prepayments on a loan; data on the current valuation and loan-to-value ratios on underlying property and collateral; and interest [...]

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