Valbuena v. Ocwen: Homeowner beats Ocwen on foreclosure appeal

Yes, there is a God… And it lives in the California Appeals Court! Decent judges – Amen!

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The Soap Box:

California appeals court  slaps down servicer’s attempt to require payment of the entire mortgage loan a condition of homeowner protection.

Nice try, Ocwen.

But no, says an intermediate California appeals court.

Such an interpretation would gut theCalifornia Homeowner’s Bill of Rights.

Facing foreclosure

The facts in Valbuena v. Ocwen  are common:  Ocwen became the servicer of the Valbuena’s mortgage loan when the loan was in default.

Ocwen filed a notice of foreclosure sale and sent the homeowners a letter offering to consider a loan modification.  The homeowners submitted an application and supplemented it when Ocwen told them it was missing necessary documents.

Two days later, Ocwen foreclosed.

Dual tracking prohibited

California’s homeowners bill of rights forbids a foreclosure sale while the mortgage servicer is considering an application to modify the loan in default.

Nonetheless, Ocwen solicited a loan modification application and barreled right along to…

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WAKE UP WORLD: Greenspan Did it All on Purpose!!!

From: “Bix Weir” <bix@roadtoroota.com>
Date: July 24, 2015 at 6:08:29 AM HST
Subject: WAKE UP WORLD: Greenspan Did it All on Purpose!!!

I can’t believe one of the greatest secrets of all time still lies virtually unnoticed by the world…GREENSPAN DID IT ALL ON PURPOSE!!!

I have proven it in a hundred ways and yet people still don’t get it. Here’s a quick summary:

In the 1960’s Alan Greenspan along with his childhood friend John Kemeny invented the very first sharable computer programming language called BASIC. Greenspan went on to write the banking computer programs that now contain 99% of the world’s “electronic assets.” In the 1970’s Fed Chairman Arthur Burns hired Greenspan to write programs to help control the market prices of gold, silver, the US Dollar and many other important assets in order to delay a return to the Gold Standard and suck all be benefits of an unbacked system. Those computer programs run the financial world and were taken over by the Banking Cabal in the 1980’s. To gain back control of the system Greenspan fought against regulation of derivatives to give the bankers enough rope to hang themselves destroying the electronic monetary system. In the end, Greenspan’s dream of returning to a true Gold Standard will manifest after the collapse of the current system. Continue reading