• Archives

  • Blog Stats

    • 672,263 hits
  • Categories

  • Advertisements

REHYPOTHECATION IS YOUR WEAPON TO ESTABLISH THERE WAS NEVER A MORTGAGE LOAN – THESE WERE ALWAYS SECURITIES! — Deadly Clear

Originally posted on Deadly Clear: By Sydney Sullivan In a world where the American Dream and Wall Street greed collide, when your life and home are no longer your own, we must look beyond the facade of the documents and dig deeper into the public archives to seek the truth of the concealed path that is…

via REHYPOTHECATION IS YOUR WEAPON TO ESTABLISH THERE WAS NEVER A MORTGAGE LOAN – THESE WERE ALWAYS SECURITIES! — Deadly Clear

 

Advertisements

Securitization and Standing

Livinglies's Weblog

Like other decisions establishing  the law of the land, the decisions of SCOTUS are often taken as advisory or optional. Nevertheless TILA Rescission and Article III standing have been affirmed by the Court of last resort. Reluctant judges in trial and appellate courts will get their hands slapped one more time but all the bad prior decisions and their consequences  are neither reversed nor redressed.

Standing is pretty easy — it must be alleged in facts that will be proven at trial. If it isn’t alleged or isn’t proven at trial, the Court lacks jurisdiction to do anything other than to dismiss the claims of any party seeking satisfaction because they have no claim for redress.

Let us help you plan your defense strategy, discovery requests and defense narrative: Dial 954-451-1230 or 202-838-6345. Ask for a Consult.

Purchase now Neil Garfield’s Mastering Discovery and Evidence in Foreclosure Defense webinar including 3.5…

View original post 783 more words

ZeroHedge: It’s Subprime Time! 2008 Part Deux-Coming to a Market near You!

This is very bad news that virtually ensures that the next real estate crash will be worse than the last one.

Livinglies's Weblog

Injured by a predatory attorney? Email: info@predatorylies.com

https://www.zerohedge.com/news/2018-03-30/deja-vu-all-over-again-subprime-mbs-demand-oversubscribed-and-sp-says-risk

The stock market is at record highs and people with FICO scores as low as 500 are once again happily obtaining mortgages. Not only that, but these mortgages are once again being securitized and are in demand by yield chasers.

All of the elements that are necessary for the 2008 subprime crisis to repeat itself are starting to fall back into place. Aside from the fact that we have inflated bubbles across basically all asset classes for the most part, not the least of which is evident in the stock market, the Financial Times reported today that not only are subprime mortgage backed securities becoming prominent again, but that the chase for yield was what fueling demand:

Issuance of securities backed by riskier US mortgages roughly doubled in the first quarter from a year earlier, as investors lapped up assets blamed for bringing…

View original post 559 more words

Wells Fargo “Lending” Securities It Didn’t Own

The government really needs to revoke the national banking charter for Wells Fargo, either permanently, or for a minimum of 5-10 years. That will send a message to the other big banks that fraudulent behavior will not be tolerated.

Livinglies's Weblog

Translation: WFB was the “custodian” of alleged “mortgage-backed” certificates issued for the benefit of investors who paid billions of dollars for ownership of the certificates. WFB “Loaned” those alleged securities to brokers. The brokers in exchange provided “collateral” the proceeds of which were reinvested by WFB. In short, WFB was laundering the investors money for the sole benefit of WFB and not for the investors who owned the certificates and certainly to the detriment of the brokers and their buyers of derivative instruments based upon the loan of the securities.

This case reveals the flowering of multiple levels arising from false claims of securitization. First WFB issues certificates from a fictitious trust that owns nothing. Then it keeps both the money paid for those certificates and it keeps the certificates as well. On Wall Street this practice is called holding securities in “street name.” Then WFB engages in trading on…

View original post 961 more words

Warning: Conduct your Due Diligence on ANY Attorney you Hire

Great advice. I would also do a google search with the name of the attorney such as attorney John Doe complaints as well as search attorney rating sites such as http://www.avvo.com.

Falling prey to Predatory Lenders & Scavenger Attorneys: Tell me your story.

Hopefully this individual will be able to find an honest attorney.

Livinglies's Weblog

Are you a victim of a predatory foreclosure attorney?

Email me at:  info@predatorylies.com

Homeowners who are subjected to a predatory servicer’s tactics to foreclose on a home are desperate for a solution and highly vulnerable to being exploited by an unethical attorney.   Over a period of years, or even decades, a servicer with no proof of standing can emotionally, physically, mentally and financially break down a homeowner to the point where a scavenger attorney can come in and finish off any remaining savings, assets or retirement funds.

Predatory tactics by servicers include fabricating documents to create the appearance of standing, refusing to identify the true creditor, revoking completed modifications, retaining modification payments, breaking and entering, intimidation tactics, and other unsavory behaviors meant to drive a homeowner from their home or stop fighting.

This is a time when a homeowner is at an elevated risk for divorce, unemployment, illness, depression, and…

View original post 1,758 more words

The Former Khmer Rouge Slave Who Blew the Whistle on Wells Fargo

An inspiring story of one man who escaped actual slavery only to face another form of slavery, the corporate slavery of Wells Fargo. The world needs more people like Duke Tran.

Justice League

After Duke Tran escaped from slavery, but before he became a millionaire, he was a Wells Fargo employee.

He worked at the bank’s debt-collections center near Portland, Ore., talking on the phone to customers who owed Wells Fargo money. It wasn’t glamorous, but the job enabled him to afford a two-story suburban house with mustard-colored aluminum siding. After more than three decades in the United States, Mr. Tran felt that he was the living embodiment of the American dream.

And then it all started to crumble.

In 2014, according to Mr. Tran, his boss ordered him to lie to customers who were facing foreclosure. When Mr. Tran refused, he said, he was fired. He worried that he wouldn’t be able to make his monthly mortgage payments and that he was about to become homeless.

Joining a cadre of former employees claiming they were mistreated for speaking out about problems at…

View original post 114 more words

%d bloggers like this: