By now the term "robo-signing" has practically become a household word. But it wasn't always that way. Just a few years ago no one had ever heard the term before. So, where did it all begin... and... (Continue reading)
Portland Maine attorney Thomas Cox is a national hero of the foreclosure crisis. Frankly, I thought everyone already knew that, but apparently not. So, if you aren't already familiar with what Tom has done and continues to do... (Continue reading)
Known as the "statement of qualified holder," it doesn't require a lawyer to look at anything that shows the bank holds the original mortgage, but even more stunning is that it also provides lawyers with complete absolution from any wrongdoing... (Continue reading)
Is that what I'm to believe? She hid it from LPS. For SIX years. A million documents. And the whole time, LPS must have just thought she was great at getting the signatures she... (Continue reading)
And now I'm supposed to come to terms with the idea that the administration's bored with the topic itself? I could understand it if they were bored with something they'd mastered, although I can't for the life of me... (Continue reading)
Zanides estimates that the bank has spent a significant amount already on legal fees and now is certain to spend a whole lot more. Patricia Martin's home is worth no more than $275,000. How can it be worth... (Continue reading)
This letter was written today by attorney Thomas Cox of Portland Maine, and posted on several legal listservs. It was totally unexpected and more than moving. Tom is the lawyer whose work and depositions of GMAC's Jeffrey Stephan... (Continue reading)
Well, what they're calling the Attorneys General "Term Sheet" is out and to kick it all off, I went with an analysis of the AG's work product written by Joshua Rosner, who is Managing Director at independent research consultancy Graham... (Continue reading)
Stern is emblematic of everything that's ugly and wrong with the mortgage banking and finance industries in this country. Whether all the allegations about him are true is irrelevant. In my view, he's an unethical, arrogant, abusive and... (Continue reading)
You see, it's a very well thought out no-lose proposition, this new California foreclosure rescue program... because if the banks refuse to participate in it, which would kill the whole principal reduction aspect of the plan, it's really not a... (Continue reading)
The bankers have blown it, and they've blown it big. To me it looks like there are multiple swords hanging over the heads of the too-big-to-fail crowd. They report fake earnings based on suspended accounting rules... they lie... (Continue reading)
The first time GMAC foreclosed on the couple's home was back in 2001. Totally current on their mortgage payments, it must have come as quite a shock. Once in foreclosure, GMAC wouldn't accept their monthly payments, so... (Continue reading)
Housing prices may someday be high again, like the way they were a few years ago, but that's a subject for the next generation, or even the one after that. It's not something for me, at 49 years old...... (Continue reading)
And forgetting the homeowners for a moment, if these financial institutions are capable of this type of fraud, how can we or others around the world ever trust them. ... (Continue reading)
PLEASE SIGN THIS yourself... but also could you please put in the extra effort and forward it to everyone you know that will also want to sign it? PLEASE? Post it on your Facebook page, your LinkedIn page...... (Continue reading)
I write this political year-in-review holiday poem every year. I love doing it, and I hope you'll enjoy reading it and will send it to others of like mind as well. Happy Holidays!... (Continue reading)
1. Help is NOT on the Way... 2. Go see the documentary "INSIDE JOB"... if it's not already too late. 3. One and Done... I Agree... Obama Shouldn't Run in 2012. 4. The Government is Launching Criminal Probes Into... (Continue reading)
So, take a few minutes and write to your elected representative about this. No one else, unless you feel like it, just your person in Congress. Tell them this line of thought is unacceptable, that we want Elizabeth... (Continue reading)
Just in case any children are reading this, and one never knows about such things, forgery and perjury are never found on the right path to follow when attempting to cover up, flagrant and immeasurable fraud and massive malfeasance, boys... (Continue reading)