Financially Distressed Homeowners Face Criminal Prosecution For Recording Bogus Land Documents in Foreclosure Cases

“We are the government (too),” said county Clerk- Recorder Lee Lundrigan. “If the purpose of making a document public may be criminal, we communicate that information to the DA’s fraud team and they can make the final determination.” Everyone needs to drop this clerk an email or phone call to see how many “Linda Green” … Read more

Study | The Argument that C.E.O.’s Will Leave if They Aren’t Compensated Well, Perhaps Even Lavishly, is Bogus

C.E.O.’s and the Pay-‘Em-or-Lose ‘Em Myth New research by Charles M. Elson, director of the John L. Weinberg Center for Corporate Governance at the University of Delaware, and Craig K. Ferrere, one of its Edgar S. Woolard fellows, begins by attacking this conventional wisdom. Mr. Elson and Mr. Ferrere conclude, contrary to the prevailing line, … Read more

VINCENT YOUNG vs PRO PLAYER FUNDING LLC | QB Says He’s Not Liable for Bogus $1.9M Loan

QB Says He’s Not Liable for Bogus $1.9M Loan (CN) – NFL quarterback Vince Young claims in court that his former financial adviser and sports agent fraudulently took out a nearly $1.9 million loan in his name from a predatory lender. Young is suing the lender, Pro Player Loan, in New York County Supreme Court … Read more

Naked Capitalism | U.S. Bank v. Congress – Appeals Court Reverses Decision on Chain of Title Case, Ruling Hinges on Question of Bogus Allonges

Alabama Appeals Court Reverses Decision on Chain of Title Case, Ruling Hinges on Question of Bogus Allonges In a unanimous decision, the Alabama Court of Civil Appeals reversed a lower court decision on a foreclosure case, U.S. Bank v. Congress and remanded the case to trial court. We’d flagged this case as important because to … Read more

Freeman v. Quicken Loans | U.S. Supreme Court Says ‘Unearned’ (BOGUS) Fees Charged by Lenders and Other Service Providers Do Not Violate U.S. Law

“Critics within the industry, such as Frank LLosa, a lawyer and broker in Northern Virginia, called such fees “bogus” and “designed to confuse the customer and ultimately charge them more.”” ~ High court says ‘unearned’ fees charged by lenders and other service providers do not violate U.S. law In a decision that could have significant … Read more