Posts Tagged ‘GMAC/Ally Bank’

FDIC Chair Sheila Bair Warns Senate Committee about “Millions of Infected Foreclosures”

Written on 14 May, 2011 at 1:17

Well, perhaps it's because Sheila is now a short-timer and will be retiring from her post at the FDIC this July, that she is now feeling a little more comfortable telling the truth, even if that means disagreeing with Walsh... (Continue reading)

Alright Banker-People… That’s Enough. You’re Not Making Sense and You’re Making Me Dizzy

Written on 12 Oct, 2010 at 8:36

You don't think so? Then tell me what you think would happen if I walked into a courtroom and handed the judge a fraudulent set of documents requesting that he ignore procedures designed to protect property rights in this... (Continue reading)

Tagged with: bank fraudulent foreclosures bank of america bankers foreclosure fraud Bernie Madoff California's 90-day foreclosure moratorium CDOs citibank credit default swaps FDIC Chair Sheila Bair FedChex federal reserve fraudulent affidavits fraudulent securitization GMAC/Ally Bank illegal foreclosures jpmorgan chase Kondaur Capital loan modifications mandelman matters martin andelman MERS ml-implode mortgage backed securities mortgage servicers NACA naked capitalism one west one west bank REMIC trusts REST Report restreportmatters.com RMBS robo-signers Treasury Secretary Tim Geithner US Bank wells fargo bank Yves Smith

THE SiGNiNG… Or, Pardon me, Mr. Banker, but your REMIC is showing.

Written on 10 Oct, 2010 at 10:11

So, why didn't the bankers assign the loans to the trusts? I don't know... for sure. But I'm going to go out on a limb here and tell you it's because they wanted to borrow against them, and... (Continue reading)

Tagged with: affidavits alan grayson ally bank april charney assignments assignments to the trusts Attorney General Blumenthal Bair bank fraudulent foreclosures bank of america barney frank bond market Bush Clinton corrine brown countrywide credit markets Fannie Fannie Mae FDIC FDIC Chair Sheila Bair foreclosure freeze foreclosure mills foreclosurefraud.com fraudulent foreclosures Freddie Freddie Mac GMAC GMAC/Ally Bank Grahm Greenspan HAMP House Speaker nancy pelosi HSBC illegal notarizations investors jpmorgan chase judicial foreclosure state Leech loan modifications mandelman matters martin andelman MERS midterm elections missing assignment ml-implode Moody's NACA naked capitalism new century non-judicial foreclosure state O. Max Gardner III OCC Office of the Comptroller of the Currency ohio ag old republic national one west bank pass through certificates PNC Financial President Barack Obama Reagan REMIC trusts robo-signers robosigners Rubin securitization Summers tax reform texas AG Treasury Secretary Tim Geithner US Bank wall street bankers wells fargo bank Yves Smith