So it is gratifying in a perverse way to see a case in which the perp not only looks to have engaged in chicanery, but the facts make it pretty hard for him to say he didn’t know he was pulling a fast one. And even more fun, it involves JP Morgan...
It's interesting to note that birds are quite vulnerable to chemical pollution and poisoning from natural toxins. If these animals are indeed the canaries, then we need to investigate these events properly and thoroughly, and not pretend it's all b
What's so important is that this is the process in California, Nevada and Arizona (AZ is both judicial and non-judicial), which have three of the top four foreclosure rates.
Bear Stearns mortgage executives sold securitized mortgages: The lawsuit's supporting e-mails, going back as far as 2005, highlight Bear traders telling their superiors they were selling investors like Ambac a "sack of shit."
If you want it distilled down into one sentence, it's this: You told us you were selling us good paper, and in fact you were knowingly selling us a box of dogcrap.
Now it is all the way up to 91% after a just released lawsuit by the bulk of the world's biggest insurance companies has been made public, in a fresh lawsuit again Bank of America/Countrywide over "Massive mortgage fraud."
The solution to the ongoing Foreclosure-Gate fiasco is so simply and yet so brilliant (in a way that benefits the banks naturally) is so brilliant, that it has to date evaded most... but not all. The solution: just shred it all.
Organic Consumers Association Funded by Big Pharma! Our food supply is in jeopardy. Not only from outside forces such as poisons from China, but from within.
It’s easy to see how the physical legal reality and the electronic record might not agree. As the lawyer keeps emphasizing in his questions, there is nothing here which would make a chain of transfers evidentiary of anything...
The implication is that MERS is superior to the local courthouse system. The evidence is the reverse. Chris Peterson has described the utterly unorthodox corporate governance system of MERS, where employees of other firms put on a MERS hat...
Resistance V’s appeared all over the country….The V campaign meant ordinary people could feel they were doing something, however symbolic, to protest against the Occupation
A band of make-believe space travelers locked in a steel capsule in Moscow is about to “land” on Mars, mission managers said Friday, nearly halfway through their 520-day mission
Is the biggest fraud in the history of the US housing market about to come unglued? If so, take our prediction of a $100 billion total in future BofA rep and warranty reserves and triple it.
Sempronius buffalo farmer Peter Head has lost 55 animals to a mysterious illness since October, but autopsies have shown no clear cause of death.
I am told that these proposed changes would have the effect of authorizing transfers in blank in Virginia. That in turn would (in theory) allow banks to claim that an blank endorsement by the originator would allow the trust to assert ownership...
You have to give Sheila Bair of the FDIC credit, she doesn't stop with the BS....
The problems are all because the lenders decided, by the own hand and with nobody else involved or making the decision, that they would lie, cheat and steal.
In the last week, several ideas for fixing the housing market have surfaced. One is the Third Way proposal, which appears to be an Administration trial balloon. Predictably, it is yet anther bailout, with plenty of smoke and mirrors to disguise that
The foreclosure claims commission envisioned by Bair would follow the model used to settle claims arising out of the BP oil spill and the events of 9/11. It would be set up and funded by servicers to address claims submitted by homeowners who...
“The trustee has repeatedly requested that EMC provide access to the subject documents,” Wells Fargo said in the complaint. “EMC has played proverbial ‘rope a dope’ and otherwise continued to drag its feet, and has produced nothing.”
Ted says the following: “The death dumps, otherwise known as chemical trails, are being dropped and sprayed throughout the United States and England, Scotland, Ireland, and Northern Europe. I have personally seen them not only in the United States...
People who got a Kindle for Christmas may have been the recipients of some strange predictive programming. Reader Rob Steidl reports that the new Kindle comes loaded with 22 screensaver images that run in a cycle. One of them is the “new” zodiac sign
The securitization industry may be about to reap the whirlwind of its failure to take the need for reform seriously. As we’ve indicated, industry incumbents have adopted a denialist approach to widespread evidence of serious documentation problems...
"You cite no legal authority that supports your claim that you are entitled to view the original Note, and we are not aware of the existence of any such authority. Bank of America
Isolated cases or something more alarming?
With the current discussions about the mental health of the shooter and the references to his anti-government views. I remembered this article at Freedom's Phoenix and wondered... Psychiatric manual: Nonconformity and freethinking is now classif
Coordinated attacks on critical computer systems could create a perfect storm with "catastrophic" global effects, a study found today.
Recently, the Centers for Disease Control and Prevention (CDC) has received an increased number of inquiries from the public, health care providers, public health officials, Congress, and the media regarding a strange illness called Morgellons diseas
The 58-year-old attorney admits to breaking into homes at least half a dozen times, including one before with the Earls, leaving the clients to squat in their homes while he defends their legal right to possession.
Oh I see. The people who caused the mess are front-and-center of this "think tank" and now wish to propose things that will allegedly "fix" the mess?