“The more advanced foreclosure defenses now delve into the sometimes labyrinth world of financial markets, trusts and securities.” ~ Judges studying home suits FORECLOSURES: Three …
An Extremely Long Metaphor to Explain Mortgage Chaos Happy New Year, America… Have multiple relatives en route to my home this morning, but wanted to …
Why Mortgage-Backed Securities Aren’t (Backed by Securities): How MERS Toasted the Banks L. Randall Wray In a series of pieces I have argued that MERS, …
“As I stated in my October 29 letter, “it is improper for the plaintiff to ask the court to ratify a foreclosure judgment based on …
The Market Ticker – The Dead Sign Affidavits – Nationwide by Karl Denninger in Foreclosuregate When are we going to see law enforcement actually enforce …
Why Robo-Signatures Are Illegal in California and Other Non-Judicial Foreclosure States By Michael Patrick Rooney, Esq. With all of the press robo-signing has gotten, it …
Class Action ReconTrust/Bank of America Case Lands in Federal Judge Dale Kimball’s Court (Salt Lake City, UT) – US District Chief Judge Tena Campbell recused …
New Ohio Affidavit Rules Blows the Fraudsters Out of the Water Below is a copy of the revised affidavit rules, an order from a specific …
How a mortgage clearinghouse became a villain in the foreclosure mess By Ariana Eunjung Cha and Steven Mufson Washington Post Staff Writers In the early …
2011 Will Bring More de Facto Decriminalization of Elite Financial Fraud The role of the criminal justice system with regard to financial fraud by elite …
