Posts Tagged ‘pass through certificates’

New Bankruptcy Court Decision Sounds the Alarm – The USS MERS is Going Down

Written on 14 Feb, 2011 at 10:07

Now, clearly this is a decision that's worth reading for one's self... Judge Grossman is one heck of a writer and not one to play patty-cake with MERS or those of the banking persuasion, but I thought I'd at least... (Continue reading)

Tagged with: American Bankers Association American Securitization Forum assignment of a mortgage Attorney at Law aurora servicer bank of america bankruptcy court decision says MERS can't foreclose chapter 7 citibank Debtor First Franklin Mortgage Loan Trust 2006-FF12 foreclosures HAMP In re: Ferrel L. Agard jpmorgan chase Judge Robert Grossman loan modifications mandelman matters martin andelman max gardner MERS MERS assignment MERS decisions MERS Treasurer and Corporate Secretary ml-implode Mortgage Electronic Registration System NACA New York bankruptcy court one west bank pass through certificates REMIC trusts Richard Zombeck' Rooker-Feldman Select Portfolio Servicing shame the banks Steven J. Baum PC stopping foreclosures TARP The Honorable Robert E. Grossman Thomas Cox U.S. Bank N.A. U.S. Bankruptcy Court wall street bankers wells fargo bank William Hultman

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