White Paper | MERS, the Unreported Effects of Lost Chain of Title on Real...
Commentary — MERS, the Unreported Effects of Lost Chain of Title on Real Property Owners and Their Neighbors Location: New York Author: David E. Woolley Date: Wednesday, August 3, 2011 Many problems...
View ArticleCREDO Sends Letter Backing Up Schneiderman in Foreclosure Fraud Fight
Firedoglake just posted the letter… CREDO rightly points out that the robo-signing scandal which was the main impetus for the 50 state AG investigation was really just a symptom of fraud, as well as...
View ArticleMore Propaganda | State AG Eric Schneiderman shouldn’t have used negotiations...
Looks like the Banksters have taken to the editorial / opinion boards of multiple newspapers today… If they consider this email that was sent out to supporters as fund-raising, I wonder what they...
View ArticleDefeat the Florida un(Fair) Foreclosure Act
The banking lobby just simply has no shame. Are you kidding me? They name a bill the “Florida Fair Foreclosure Act” and the bill is about taking the foreclosure process from judicial to non-judicial....
View ArticleFormer FDIC Chair William M. Isaac “Very few banks had anything to do with...
“We have wasted the past couple years pursuing a mindless vendetta against the banking industry, even though very few banks had anything to do with creating the crisis and most are victims of it. It’s...
View ArticleWhite Paper | DECONSTRUCTING THE BLACK MAGIC OF SECURITIZED TRUSTS
DECONSTRUCTING THE BLACK MAGIC OF SECURITIZED TRUSTS: HOW THE MORTGAGE-BACKED SECURITIZATION PROCESS IS HURTING THE BANKING INDUSTRY’S ABILITY TO FORECLOSE AND PROVING THE BEST OFFENSE FOR A...
View ArticleMortgage Electronic Registraton System (MERS) Subpoenaed by NY Attorney...
MERS subpoenaed by New York, sued by Delaware Some excerpts from the report… MERS, the electronic mortgage registry used by the banking industry, was sued by Delaware on Thursday and accused of...
View ArticleAbigail Field | Policy Makers: Bank and Wall Street Greed, Not “Irresponsible...
Policy Makers: Bank and Wall Street Greed, Not “Irresponsible Homeowners”, Caused Our Crisis Somehow the banking industry has convinced much of the public and most of our political leaders that our...
View ArticleThe 11 Most Evil Things the Banking Industry Did in 2011
11 Most Evil Things the Banking Industry Did in 2011 It seems like every time we flipped on the news in 2011, the banking industry was finding a new way to blur the line between good business and...
View ArticleHarris County to Sue Mortgage Electronic Registration Systems (MERS) for Over...
Harris County to sue over mortgage fees Harris County Commissioners Court voted Tuesday to sue a mortgage-recording firm the county attorney’s office believes owes the county $11 million or more in...
View ArticleBank CEOs To Tell Fed Financial Regulation Is ‘Unrealistic’
Bank CEOs To Tell Fed Regulation Is ‘Unrealistic’: Report The banking industry is getting personal in its tireless fight against regulation. Jamie Dimon, chief executive of JPMorgan Chase and the...
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Bankers deserting Obama for Romney
But Obama loves JP Morgan. Why did fundraising for Team Obama drop so precipitously in April? The Boston Globe provides one possible answer. In 2008, Barack Obama attracted a lot of support from the...
View ArticleObama Foreclosure Program Criticized By Expert Panel
Obama Foreclosure Program Criticized By Expert Panel PROVIDENCE, R.I. — Former Wall Street bailout watchdog Neil Barofsky blasted the banking industry on Friday for inflicting a litany of abuses on...
View ArticleAbigail Field | The Banks’ Huge Eaton Loss: Showing the Note Owner
The Banks’ Huge Eaton Loss: Showing the Note Owner The seminal Eaton v. Fannie Mae decision by the Massachusetts Supreme Judicial Court is not a huge banking industry win going forward. In fact, if the...
View ArticleAbigail Field | Evidence Surfaces Reuters Will Publish Propaganda As News
Evidence Surfaces Reuters Will Publish Propaganda As News Normally I’m a fan of Reuters, it has backed some terrific reporting on the banks’ fraudulent foreclosure documents and I respect many of its...
View ArticleA Must See |‘The Mob Learned from Wall Street’ – Eliot Spitzer on the...
“Viewpoint” host Eliot Spitzer, Matt Taibbi, Rolling Stone contributing editor, and Dennis Kelleher, president and CEO of Better Markets, analyze the Libor interest rate–rigging scandal engulfing the...
View ArticleCriminal Inquiry Shifts To JPMorgan’s Mispricing Of Hundreds Of Billions In CDS
Criminal Inquiry Shifts To JPMorgan’s Mispricing Of Hundreds Of Billions In CDS: Is Dimon The Next Diamond? From Reuters’ Matt Goldstein and Jennifer Ablan: Before last week’s disclosure, the criminal...
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BREAKING NEWS: HAWAII PASSES SB 651 – NATION’S TOUGHEST FORECLOSURE BILL
It’s official! Just a couple of hours ago, the Great State of Hawaii’s legislature has passed the nation’s toughest foreclosure prevention bill, SB 651. The bill proved to have overwhelming support,...
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Wal-Mart, Bill Clinton & Now Act 885… Things I know about Arkansas?
I didn’t realize it until now, but when I think about the State of Arkansas, only two things come immediately come to mind: Wal-Mart and William Jefferson Clinton. That’s it. Name a city in...
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HUD Investigation Shows Banks Covered Up Widespread Illegal Acts – Government...
It seems that the Department of Housing and Urban Development’s Inspector General has been conducting five confidential investigations into Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, and...
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AMERICA- YOU CAN’T HANDLE THE TRUTH
I want you all to take a moment to watch the video that is linked here below. I’ve watched this scene quite literally hundreds of times and even today, after all those times, it still gives me...
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FLORIDA ATTORNEY GENERAL ANNOUNCES BILLION DOLLAR MORTGAGE SETTLMENT!
How about that? According to the attached press release, Florida’s Attorney General announced that Floridians could get more than $1 Billion in relief and that the total relief nationwide could be as...
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Elizabeth Warren Battles With GOP Over CFPB
I have to say something about what’s going on in Congress these days, because it’s repulsive on an entirely new scale, and that’s saying something for our politicians. As you’ve probably already...
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GUEST POST: Prove Fannie & Freddie Innocent Before Suing the Banks – And Here...
GUEST POST… By Jim Boswell, Executive Director and CEO of Quanta Analytics Last Friday the U.S. regulator, the Federal Housing Finance Agency (FHFA), which has the oversight responsibility of Fannie...
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IT’S UNANIMOUS! AZ’s SB 1451 Passes Senate Banking Committee
Arizona’s hundreds of thousands of hopelessly underwater homeowners are having the best day they’ve had since the “days of equity” back in 2006. Even with opposition from professional...
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Atty. Bruce Levitt of Kemp v. Countrywide – A Mandelman Matters Podcast
The more you learn about the Kemp v. Countrywide case, the more you realize how unlikely it is that anything like it will ever happen. This was the case on which the banking industry went to school....
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MUST SEE TV: WA State Supreme Court Hears Arguments in Case Against MERS
“May a party be a lawful ‘beneficiary’ under Washington’s Deed of Trust Act if it never held the promissory note secured by the Deed of Trust?” That’s the key question the Washington State’s...
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Phoenix Officers Who Shot Homeowner Needed Better Training
I originally wrote this piece on October 3, 2009. And that’s all I have to say about that. Well, I know I’m going to take some flak for this one, but Phoenix Police Officers that gunned down the...
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What is Strategic Default? A Moral Dilemma?
Lately, the question is: what is a strategic defaults, or as the mortgage banking industry would call them “ruthless defaults”. These are foreclosures that happen on purpose. People find themselves...
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PRACTICE LAW, LOSE YOUR LICENSE: WHAT SB 94 MEANS TO YOUR PRACTICE By Alice...
“The first thing we do, let’s kill all the lawyers.”1 Most of us like to think we are honest, reputable and diligent in representing our clients. For those of us in private practice with the...
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