Daily News related to the Foreclosure Crisis

The biggest unpunished heist in human history - Max Keiser

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Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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10/09/19

Fed’s Powell Admits a Bigger Bailout for Wall Street Is Coming; Fed’s Balance Sheet Ballooned by $176 Billion Since September Wallstreetonparade.com

Fed’s Powell Admits a Bigger Bailout for Wall Street Is Coming; Fed’s Balance Sheet Ballooned by $176 Billion Since September
Yesterday, at a speaking event in Denver at the National Association of Business Economists, Federal Reserve Chairman Jerome Powell acknowledged that a larger, long-term bailout of Wall Street is coming.

10/09/19

Patrick Giunta Esq. Scores Another Homeowner Win in South Florida v US Bank Trustee LSF9 Master Participation Trust: William Paatalo, Expert Testifies Living Lies

Patrick Giunta Esq. Scores Another Homeowner Win in South Florida v US Bank Trustee LSF9 Master Participation Trust: William Paatalo, Expert Testifies
Foreclosure volume has declined but that doesn’t reduce the number of cases that are deficient and even fraudulent.

10/08/19

Connecting the Dots to the Budding Wall Street Crisis Wallstreetonparade.com

Connecting the Dots to the Budding Wall Street Crisis
We’re going to do today what mainstream media has failed to do for the American people so far this year — as well as prior to the onset of the 2008 financial collapse on Wall Street.

10/07/19

You Can Fight a Deficiency Judgment Jakelegal.com

You Can Fight a Deficiency Judgment
A deficiency judgment against a consumer or homeowner can be scary. The amounts owed are usually high, and it can seem like you’re paying for an item that you have already lost to foreclosure or repossession.

10/07/19

Frustrated with Your Lawyer’s Attitude? Living Lies

Frustrated with Your Lawyer’s Attitude?
The bottom line is that lawyers want to do the best possible job for their client and get the best possible result.

10/04/19

How large corporations took over single-family homes MSN

How large corporations took over single-family homes
The Great Housing Reset has led to more than one-third of single-family homes being rentals, with a significant share controlled by large corporations.

10/04/19

Here is the Answer to Guilt About the “Free House” — the one the banks don’t want you thinking about. Living Lies

Here is the Answer to Guilt About the “Free House” — the one the banks don’t want you thinking about.
Imagine we are in a new era, where disclosure was full and complete to investors and borrowers. The deal pitched to investors is simple:

10/03/19

The Solution to Defective Securitization of Mortgage Debt: The Bare Legal Truth About Securitization of Mortgage Debt Living Lies

The Solution to Defective Securitization of Mortgage Debt: The Bare Legal Truth About Securitization of Mortgage Debt
The basic truth is that current law cannot accommodate securitization of mortgage debt as it has been practiced. In short, what they (the investment banks) did was illegal. It could be reformed. But until

10/02/19

Second Loans Can Foreclose–But Do They? Jakelegal.com

Second Loans Can Foreclose–But Do They?
When loans and borrowing on your home equity were easy to come by, a lot of people took advantage of the opportunity to cash out on their own home.

10/02/19

Historic step forward: Gov. Gavin Newsom signs the Public Banking Act into California law! Publicbankinginstitute.org

Historic step forward: Gov. Gavin Newsom signs the Public Banking Act into California law!
Victory in California! Gov. Gavin Newsom’s signature has made AB 857 — the grassroots-generated, people-powered Public Banking Act — the law in California.

10/02/19

BEAL BANK GETS ITS ASS HANDED TO IT BY MAINE SUPREME COURT! Cloudedtitlesblog

BEAL BANK GETS ITS ASS HANDED TO IT BY MAINE SUPREME COURT!
and this is why we’ve been telling you to look more closely at assignments of mortgage and deeds of trust. It appears the Maine Supremes decided Beal Bank wasn’t entitled to an Assignment of Mortgage by a defunct lender, New Century Mortgage Corporation.

10/02/19

Ocwen Refunded Money to Maine Borrowers Who were Illegally Foreclosed Living Lies

Ocwen Refunded Money to Maine Borrowers Who were Illegally Foreclosed
According to the Maine Bureau of Consumer Credit Protection, Ocwen Loan Servicing instigated foreclosures on loans based on paperwork that was determined to be legally inaccurate.

10/01/19

IN NEVADA, TIMING IS EVERYTHING … ESPECIALLY IN QUIET TITLE ACTIONS! Cloudedtitlesblog.com

IN NEVADA, TIMING IS EVERYTHING … ESPECIALLY IN QUIET TITLE ACTIONS!
The author of this post offers this information for your educational value and not as legal advice; however, the court in this instance, the Supreme Court of Nevada, clearly screwed U.S. Bank,

10/01/19

Leveraging Mediation to Win Foreclosure Case: Getting a Pre Mediation Order Living Lies

Leveraging Mediation to Win Foreclosure Case: Getting a Pre Mediation Order
The idea of a pre mediation order had not occurred to me until I received this email. I have edited his story to present the following:

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