OCC | Acting Comptroller John Walsh Talks About Securitization and Derivatives at the American Securitization Forum
Acting Comptroller of the Currency John Walsh became acting Comptroller of the Currency on August 15, 2010. The Comptroller of the Currency is the chief executive of the Office of the Comptroller of the Currency (OCC), which supervises approximately 2,000 national banks and federal savings associations as well as 50 federal branches and agencies of … Read more
BAM! | PATTERSON v. GMAC MORTGAGE, LLC JUDGMENT VACATED No Assignment = GMAC Mortgage did not own any interest in the house
PATTERSON v. GMAC MORTGAGE, LLC Reginald A. Patterson and Diana V. Patterson, v. GMAC Mortgage, LLC. No. 2100490.Alabama Court of Civil Appeals.Decided January 20, 2012. On appeal, the Pattersons assert, among other things, that the trial court erred in determining that the foreclosure was valid. While the Pattersons’ appeal was pending, this court delivered its … Read more
Attorney General Bondi’s Priority Consumer Protection Legislation Passes First Stop in the Florida House of Representatives
Sorry folks… It’s just protection for TIMESHARE consumers… Well, I guess when you get thrown out of your HOME you can feel safe purchasing a TIMESHARE. ~ Attorney General Bondi’s Priority Consumer Protection Legislation Passes First Stop in the Florida House of Representatives TALLAHASSEE, Fla.–Attorney General Pam Bondi issued the following statement on the unanimous … Read more
HB 213 | The Florida (un)Fair Foreclosure Act House of Representatives Staff Analysis
HOUSE OF REPRESENTATIVES STAFF ANALYSIS BILL #: PCS for HB 213 Judicial Proceedings SPONSOR(S): Civil Justice Subcommittee TIED BILLS: None IDEN./SIM. BILLS: SB 1890 Orig. Comm.: Civil Justice Subcommittee SUMMARY ANALYSIS As to foreclosure of real property, the bill: Reduces the statute of limitations for deficiency judgments on a foreclosure action from five years to … Read more
Action Alert | Call the FL House Civil Justice Committee to Oppose the Florida (un)Fair Foreclosure Act Now HB213!
General Bill by Passidomo (CO-SPONSORS) Moraitis Judicial Proceedings: Designates act “Florida Fair Foreclosure Act”; revises requirements for acknowledgement of satisfaction of mortgage, lien, or judgment; provides requirements for mortgage foreclosure complaints; requires party foreclosing on specified owner-occupied dwellings to provide specified notice; provides for finality of foreclosure; requires certain actions to set aside foreclosure to … Read more
Mandelman | DOER ALERT: Dear Bank of America…
Dear Bank of America, and by Bank of America I mean CEO Brian Moynihan… Brian, I’m running out the door at the moment. I have to make a flight to Arizona so I can attend a meeting in the morning at the state capitol. A state senator called me last week asking for my help … Read more
John Hancock Life Insurance Co. v. JPMorgan Chase | JPMorgan Chase Sued by John Hancock Life Over Mortgage-Backed Securities
JPMorgan Chase Sued by John Hancock Life Over Mortgage-Backed Securities JPMorgan Chase & Co. was sued by Manulife Financial Corp.’s John Hancock Life Insurance unit, which accused the bank of fraud in connection with the sale of residential mortgage-backed securities. The lawsuit, filed today in New York state Supreme Court in Manhattan, seeks unspecified damages … Read more
Sealink Funding Ltd. v. Morgan Stanley | Morgan Stanley Sued by Sealink Over Mortgage Securities
Morgan Stanley Sued by Sealink Over Mortgage Securities Morgan Stanley (MS) was sued by Sealink Funding Ltd., which accused the bank of fraud in connection with more than $556 million in residential mortgage-backed securities. Sealink, a fund created to manage Landesbank Sachsen AG’s riskiest assets after the German lender almost collapsed, filed the lawsuit in … Read more
Tim Thomas | Boston Bruins Goaltender Releases Statement Explaining Absence From Obama Meeting “I believe the Federal government has grown out of control, threatening the Rights, Liberties, and Property of the People.”
While his colleagues from the Boston Bruins were visiting the White House earlier today, goaltender Tim Thomas was absent. Here is his personal explanation for why he did what he did. We can only hope more role-models follow in his footsteps. Thomas statement on White House absence (via the NHL) “I believe the Federal government … Read more
Lecture | How to Fix the Housing Crisis | Douglas E. French
This is worth watching in full. This guy must read 4closureFraud.org Archived from the live Mises.tv broadcast, this lecture was presented by Doug French at the Mises Circle in Houston on 14 January 2012. ~ 4closureFraud.org Tweet
