March 25, 2017

Lakeside Bank, St. Charles, La — The Way Banking Should Be

Editor’s Comment: Only one Bank has failed in Louisiana since the financial crisis began. And … [Read more...]

Mortgage bond holders taking collective action

SHELL GAME CONTINUES. WHO HAS THE BOND? WHO HAS THE RECEIVABLE? WHO HAS THE SECURITY INTEREST? WHO … [Read more...]

FACTUAL CONSTIPATION: THE URGE TO NOT DISCLOSE

EDITOR’S NOTE:   FACTUAL CONSTIPATION is our current state of reality. It is the universal … [Read more...]

No Mediation Without True Lender

EDITOR’S NOTE: It wasn’t so long ago that I had to practically pulled teeth to get her … [Read more...]

INDYMAC EXECS SUED BY THE FDIC

Well you have to give credit to Sheila Baer> She gets it. Here she is going after the IndyMac … [Read more...]

New York Presses Banks on Foreclosures

It is gratifying to see state officials taking a proactive stance. As comptroller, Mr. Liu should … [Read more...]

More Investors Are Suing Chase: Cheer them on!

Submitted by Beth Findsen, Esq. in Scottsdale, … [Read more...]

AFTER THE SALE: PART III On the Courthouse Steps

Submitted by Charles Koppa The auctioneer represents the “beneficiary” in the sale.. If … [Read more...]

Assignments: Why Were They Needed?

Since the entire scheme was based upon using money advanced by investors, why are they not the … [Read more...]

WHY VERY FEW MODIFICATIONS AND SHORT-SALES ARE APPROVED

EDITOR’S NOTES: BASICALLY IT IS ABOUT MONEY: Investment Banks make more money as long as the … [Read more...]

SECURITIZATION If They Did It Right

SECURITIZATION If They Did It Right Sometimes it IS easier to prove a negative than a positive. … [Read more...]

Shack; JPM, Trustee Lacks Standing, Vacates Foreclosure

The true answer is that securitization is a process that is still on going and not an event.The … [Read more...]

Motion Practice: Arizona Statutes Requires GOOD FAITH and ALL Parties to be Notified

The statute says that the trustee mails the notice to all affected parties at least three months … [Read more...]

Pro Se Litigant’s Eloquence on MERS Split of Note and Mortgage

A pattern with Wells Fargo that we have seen is that they make the representation that they are the … [Read more...]

Judge Long Massachusetts Foreclosure Decision Throws Securitization Intermediaries into Chaos, REO Sales Stopped

A … [Read more...]

Bank of America loses in Federal Ruling – Judge says investors own the loans

The report of the ruling below by this Federal Judge has several implications: Mortgage … [Read more...]

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