What kind of men were the 56 signers who adopted the Declaration of Independence and who, by their signing, committed an act of treason against the crown? To each of you, the names Franklin, Adams, Hancock and Jefferson are almost as familiar as household words. Most of us, however, know nothing of the other signers. Who were they? What happened to them?
On February 18, 2009, President Obama announced his Homeowner Affordability and Stability Plan, designed to help up to 7-9 million families avoid foreclosure by restructuring or refinancing their mortgages. There are three main elements.
Folks, this is it. This is no sensationalist story. There is no exaggeration here. This is happening thousands of times each month in our court systems! Only, the homeowners are real, the institutions are real and they are really illegally seizing and evicting homeowners. The DO NOT own these loans or mortgages yet they are alleging they do. The Court Systems are NOT requiring them to prove it with valid documentation. When they do produce some documentation, it is fabricated and lacks authenticity. I can prove it nearly every time.
I recently started a blog post about TILA Violations and what these violations can mean for the financial institutions. This is a BIG can of worms for them because a large percentage of home loans were funded in violation of the federal TILA statute and its implementing regulations found in Regulation Z. In short, if a [...]
Fred Thompson drives home the point as to WHY we need to fight the “War on the Home-Front” Share and Enjoy:
American citizens are in a literal war… right here at home and for our homes. We have witnessed the largest failure of leadership in our nation’s history since the beginning of the 21st Century. I’m fed up. I’m outraged. I’m taking the gloves off… What I’m witnessing daily – both locally and nationally - is beyond ridiculous… I’m [...]
Legislation designed to stem foreclosures by allowing bankruptcy judges to erase some mortgage debt will be introduced by Congressional Democrats on Tuesday, and hopes are high that it will pass after a similar plan failed last year.
Another simple but important issue to investigate is the Note that the Plaintiff actually attaches (if and when they do attach a copy of the Note). What you want to zero in on are the endorsements on the Note (or usually, the lack thereof). Understanding the securitization process is key in what you’re looking for on the Note. The endorsements should absolutely follow the chain of ownership from Originator to Seller to Sponsor/Master Servicer to Depositor to Trustee. If you’re not seeing at least 3 endorsements on the Note then you know that this is NOT an original Note regardless of what’s alleged and/or claimed as to its authenticity. We know Portfolio Lending is a dinosaur and literally >95% of all residential loans made since the late 1990′s are/were securitized. Given these facts, we know exactly what to look for.
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