TILA Rescission Success Without Tender – HENRY BOTELHO, Plaintiff, v. U.S. BANK, N.A., as Trustee for the LXS 2007-4N Trust, Defendant

HENRY BOTELHO, Plaintiff, v. U.S. BANK, N.A., as Trustee for the LXS 2007-4N Trust, Defendant Defendant U.S. Bank, N.A., as Trustee for the LXS 2007-4N Trust (“U.S. Bank”), seeks dismissal under Federal Rule of Civil Procedure 12(b)(6) of a complaint filed by plaintiff homeowner Henry Botelho. Specifically, U.S. Bank claims that Botelho cannot state a … Read more

Allonge (n)- A Clever Way for Pretender Lenders to Pabricate “Proof” of Ownership in Order to Foreclose

From Matt Weidner’s Blog “I seek comments and input from all interested parties”… “Read on, reply and tear this apart people….let me know what you think”… Below are excerpts from my memorandum which addresses the problems with Allonges in foreclosure actions. It is a work in progress, but my comprehensive research reveals that there are … Read more

Federal Home Loan Bank of San Francisco v Credit Suisse Securities USA LLC Et Al

Yesterday I posted… Federal Home Loan Bank Sues Over Mortgage Securities By Karen Gullo and Jody Shenn March 16 (Bloomberg) — The Federal Home Loan Bank of San Francisco sued nine securities dealers alleging they misled it about the credit quality and risks of loans behind $19.1 billion in private-label residential mortgage-backed securities. Units of … Read more

Federal Home Loan Bank of San Francisco v Deutsche Bank Securities Inc Et Al

Yesterday I posted… Federal Home Loan Bank Sues Over Mortgage Securities By Karen Gullo and Jody Shenn March 16 (Bloomberg) — The Federal Home Loan Bank of San Francisco sued nine securities dealers alleging they misled it about the credit quality and risks of loans behind $19.1 billion in private-label residential mortgage-backed securities. Units of … Read more