Posted by 4closureFraud on January 24, 2010 · 3 Comments
Source: Neil Garfield Livinglies If this is feasible, which it looks like it is, it could be a game changer… “Here is a strategy straight out of the tax shelter playbook that could result in widespread relief for homeowners underwater. It comes from a high-finance tax shelter expert who shall remain unnamed. He and a … Read more
Filed under bankruptcy, cdo, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, assignment, bank fraud, bankruptcy, beat the banks, cdo, cds, conspiracy, criminal, deed of trust, foreclosure, Foreclosure Defense, Foreclosure Fraud, livinglies, MERS, mortgage electronic registration system, predatory lending, produce the note, recordings, securitized, Stop foreclosure, tax shelter
Posted by 4closureFraud on January 24, 2010 · 1 Comment
Shame, Fear and the Social Management of the Housing Crisis Brent White University of Arizona Despite reports that homeowners are increasingly “walking away” from their mortgages, most homeowners continue to make their payments even when they are significantly underwater. This article suggests that most homeowners choose not to strategically default as a result of two … Read more
Filed under bankruptcy, cdo, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, bank fraud, brent white, cdo, cds, deed of trust, foreclosure, Foreclosure Defense, Foreclosure Fraud, homeless, livinglies, MERS, mortgage electronic registration system, securitized, Stop foreclosure, strategic default, university of arizona, walking away, wrongful foreclosure
