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Gretchen Morgenson: Wells Fargo forced Unwanted Auto Insurance on Borrowers

Livinglies's Weblog

It is official.  Wells Fargo is a criminal enterprise and despite its crime sheet, not one person has been convicted on criminal charges.  Wells Fargo is  therefore emboldened to continue its fraudulent conduct.

By Gretchen Morgenson/NY Times

More than 800,000 people who took out car loans from Wells Fargo were charged for auto insurance they did not need, and some of them are still paying for it, according to an internal report prepared for the bank’s executives.

The expense of the unneeded insurance, which covered collision damage, pushed roughly 274,000 Wells Fargo customers into delinquency and resulted in almost 25,000 wrongful vehicle repossessions, according to the 60-page report, which was obtained by The New York Times. Among the Wells Fargo customers hurt by the practice were military service members on active duty.

Wells Fargo, one of the largest banks in the United States, is struggling to repair its image after…

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The Housing Bubble is about to pop

“This isn’t your father’s housing and mortgage market- Mark Hanson, Real Estate Analyst https://www.mhanson.com/ In 2007 the largest housing bubble in American history was inflating and literally popped overnight. The Mainstream media would prefer that you focus on the DC Circus Show than on the Case-Shiller charts that indicate that 2017 looks eerily familiar. In […]

via Housing Bubble II: Bubble, Bubble, Toil and Trouble — Livinglies’s Weblog

Assistance Needed ASAP: Attorneys needed to write letters asking to publish Guilex Decision

CA 5th DCA: Magical Presumptions Are Not Enough

Livinglies's Weblog

Finally the courts are coming back to real law as opposed to invented doctrine designed to let the banks win. The significance of this case cannot be overstated.

Importantly, this case shows that a pro se litigant (without counsel) can win on appeal after being steamrolled in the trial court.

Get a consult and Chain of Title Analysis! 202-838-6345
https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message or make payments.
THIS ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU CAN RELY IN ANY INDIVIDUAL CASE. HIRE A LAWYER.
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Hat tip to Attorney Charles Marshall
Wall Street is not going to like this decision. The Justices on the 5th DCA (CA) have returned us to basic law.
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The financial institution convinced the trial court that
(1) it was, in fact, the beneficiary under the deed of trust,
(2) a properly appointed substitute trustee conducted the foreclosure proceedings…

View original post 909 more words

Bid Fraud — Costly Errors to County Clerks and Buyers

Livinglies's Weblog

The moral of the story is don’t believe the title record, don’t believe the County Clerk, and don’t believe anything you think you know about the sale of property subject to a foreclosure judgment.

I predicted this 10 years ago. With the entire fraudclosure securitization scheme founded on copies of fabricated and forged documents, it was bound to happen that private entrepreneurs would start playing the bank’s game. Making up paperwork, making it appear as though the forced sale was was legitimate, allowing musical chairs after judgment and even after the sale, there is a fortune to be made by “entrepreneurs” who utilize the same game tools that the banks and servicers are using.

Get a consult and Chain of Title Analysis! 202-838-6345
https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message or make payments.
THIS ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU CAN RELY IN ANY INDIVIDUAL CASE. HIRE A…

View original post 628 more words

MERS and its “Parent” are trying to invade Oregon again, despite Supreme Court ruling!

Clouded Titles Blog

BREAKING NEWS — 

For those of you in Oregon, you should be writing your legislators, especially the ones who are trying to pass the following Senate Bill (968), which would put MERS back into legislative existence again in Oregon, despite the Oregon Supreme Court’s rulings in Niday and Brandrup:

SB 968 (Oregon trying to legislate MERS into existence again)

This just goes to show you that MERSCORP Holdings, Inc., who, along with several major banks, settled a $9-million lawsuit brought by Multnomah County, is now trying to do an “end run” to get itself legally back in the game, this time using the Oregon State Legislature.

It’s time to start “ramping up” against those sponsoring the bill!

Anyone want to retain a private investigator to dig up dirt on (taken from the top of the bill):

Senator JOHNSON, Representative OLSON, Senator HANSELL; Senators BAERTSCHIGER JR, FERRIOLI, Representatives BARKER, CLEM…

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2d Circuit: If Trusts Are Not REMICs then Qui Tam Would Have Survived

Livinglies's Weblog

Here again the Truth seems to be the third rail of litigation if it is in any way related to the bogus “REMIC” “Trusts” or their “certificates” or their status in foreclosure litigation. None of it is real. Here again we have a case that bends down to pick up pennies while 100 dollar bills are flying overhead. This court says that if the allegation had been that the trusts didn’t qualify as REMICs, the ruling would have beneficial to the relator in this whistle-blower action.

Get a consult and Chain of Title Analysis! 202-838-6345
https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message or make payments.
THIS ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU CAN RELY IN ANY INDIVIDUAL CASE. HIRE A LAWYER.
—————-
*

see https://www.ropesgray.com/newsroom/alerts/2017/01/Second-Circuit-Affirms-Dismissal-of-Mortgage-Backed-Securities-New-York-State-False-Claims-Act-Case.aspx?utm_source=Mondaq&utm_medium=syndication&utm_campaign=View-Original

Nobody wants to touch that third rail. Nobody wants to say that they don’t believe the trusts were in actuality Real Estate Mortgage…

View original post 862 more words

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