Dig deeper into the documents and you will find the agreements and the data fields driving the system specifically include the mortgagors.
California Trend: Homeowners have Standing to Challenge Assignments
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Monthly Archives: May 2016
Business As Usual: Wells Fargo’s $70 Million Settlement an Insult to Defrauded Homeowners
Ha Ha Ha….Behind them… Hysterically funny!
2008 Part II-The Sequel: WELLS FARGO LAUNCHES 3% DOWN PAYMENT MORTGAGE
The banks won’t stop until the computer systems and their patents are confiscated and destroyed. It is a “seamless automation” system of corruption. Although there are minions viewing computer screens, it is really the computer system that processes the applicant. Although the system was designed with safeguards and fraud detection, it can be and has been relaxed. The homeowner enters the rabbit hole and becomes part of the system that is designed to force default in order to keep the banks liquid…afloat.
Why are we surprised that they are continuing the same process? If we want them to stop – fines, settlements and sanctions – even prison – won’t kill the computer system. Our war is with corrupt technology. You have to completely eradicate it first before we will see any real change.
This is phase 3. The system started before the S&L crisis; and ramped up again after 2002 (RTC vs. KeyFinancial). Now the system is pushed again…very little change but same intent and outcome.
NY Applies Simple Rule on Statute of Limitations
It is obvious now, we’ll likely have to have several cases make it to the Supreme Court of the United States before we will have cooperation and judges following the rule of law. We are really going to miss Justice Scalia. The judiciary, at all levels, are too highly invested in Wall Street to rule for the homeowners – it jeopardizes their own pension funds and investments.
Maybe we need a crash in order to level the playing field and get back to a more ethical society because the next one will wipe out the rest of the pension and retirement funds… Unless we are too stupid to stop Congress from bailing out the banks – again. The only people another bailout will save are government employee (judges and legislators) pensions and retirement funds. Those of us not on cushy gov’t paychecks have already lost our savings and what we do have is not in the stock market or in the bank…if we are smart.
Tonight’s Guest on the Neil Garfield Show: On the Heels of Yvanova come Sciarratta and Gieseke
Gieseke-The “Creditor” consists of the Investors not Servicer
It too the courts long enough – didn’t it?!
Mortgage Assignments: Assignment of a Mortgage Without the Underlying Note is A Nullity
Oh, how naive people are. These transactions are not traditional mortgage loans.
In re Cornerstone Homes, Inc., 544 B.R. 492 (Bankr. W.D. N.Y. 2015) –
A chapter 11 trustee sought a judgment that a series of mortgages were unenforceable as a matter of law because the written assignments transferring them to the current mortgagees were insufficient. If the trustee prevailed, the mortgage loans would be transformed from secured to unsecured claims.
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Foreclosure Fraud Is Supposed to Be a Thing of the Past, But It Happens Every Day
You can’t repeat these words enough!
Elizabeth Warren Calls On Americans To Fight Wall Street
On Tuesday, Sen. Elizabeth Warren (D-MA) headlined an event that launched a new coalition calling itself “Take On Wall Street.”
The group includes lawmakers like Warren, Reps. Keith Ellison (D-MN) and Nydia Velazquez (D-NY), labor leaders like the AFL-CIO’s Richard Trumka and the AFT’s Randi Weingarten, as well as civil rights groups, community groups, and the organizing giant Move On. It aims to put pressure on lawmakers at all levels to pass stricter rules governing the financial system.
Operating on two principles — “No cheating, and no pushing the risks on taxpayers,” as Warren put it — it’s making five key demands: breaking up the biggest banks; ensuring access to non-predatory banking products, including through the United States Post Office; ending the carried interest tax loophole that allows hedge fund managers to use a tax break for investment income on the income they make at work; reining in executive…
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Vista, CA is feeling the Bern at Sunday’s afternoon rally
Good report!
Written by Biloxi
Disclosure: This is not to persuade any Justice League readers in this political race. It is your right to exercise your vote on the candidate of your choosing. Get out and vote!
I decided to take a very long drive to San Diego this afternoon to attend Bernie Sanders rally for my own view of the rally since his rally is much talked about in the media with the massive crowd by Sanders’ supporters. And all I can say is that there were alot of people at the rally and it took over close to 2 hours for the long line of people to enter the rally. While I was in line, I did talk to alot of milleniums in line ( and there were a lot young people attending the rally). They are not as dumb as the media make them appear to be. Some of…
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Deadly Clear 