EMERGENCY NOTICE: New Century Mortgage Trustee Motions to Destroy Mortgage Files

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February 28, 2013 – See Attorney Wendy Alison Nora’s Comment below –

ATTENTION ALL NEW CENTURY MORTGAGE HOMEOWNERS AND FORECLOSURE DEFENSE ATTORNEYS:  

NOTICE OF MOTION TO DESTROY NEW CENTURY MORTGAGE LOAN FILES 

Destroy-logoOn February 14, 2013, New Century Mortgage Liquidating Trust Trustee, Alan M. Jacobs motioned the court to allow him to destroy and abandon “certain” Mortgage Loan and Business files (Order Authorizing the Immediate Abandonment and Destruction of Certain Mortgage Loan Files and Non-Mortgage Loan Business Files). It is so immediate that respondents have only until February 28, 2013 to answer!  Click here for the Destruction of Files Motion. Continue reading →

Bloomberg Terminal Iceberg – Tortious Interference?

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Who Forced BLOOMBERG TERMINAL To Shut Down ALL Audit Service Providers? Can You Say Tortious Interference?

Bloomberg Titanic

A couple of weeks ago forensic auditors and attorneys ran into the Bloomberg Terminal iceberg when Bloomberg Terminal (a securities stock searching software program) locked them out of the loan finding program [LFND]). Without warning Bloomberg Terminal shutdown access to the loan searching program that had been used by numerous companies to research securitized trusts and the loans within in them. It appears too many loans had been found in trusts when the servicers were claiming ownership. What better way to stop the truth than to try to sink the ship?

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THE 3 STOOGES OF MERS – DISORDER IN THE COURT

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MERS 3-STOOGESA landmark decision was made this week in Culhane v. Aurora in the United States Court of Appeals For the First Circuit without a complete set of facts set out before what  appears to be its clueless judges.

The case decision, an APPEAL FROM THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MASSACHUSETTS was to some degree based on the merits of standing answering the question: “Whether a mortgagor has standing to challenge the assignment of her mortgage — an assignment to which she is not a party and of which she is not a third-party beneficiary — is a matter of first impression for this court.” Continue reading →

Is Arrogant Bank Celebrity Jamie Dimon Too Big to Cuff?

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Cufflinks AdSen. Kaufman on JPMorgan Chase: Private Lawsuit Found Evidence the Feds Didn’t – Huffington Post

“Think of it as the story of two antagonists,” writes Huffington Post’s Richard Eskow. “One of them was an honest senator who came to Washington to fight corruption.

The other is an arrogant banker who’s so sure of his untouchability that he wore “FBI” cuff-links when he made a public appearance last month.”  Eskrow continues in his brilliant exposé:

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Anonymous Hackers Attack Banksters and Federal Reserve

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Expect us“Citizens of the world we have seen the erosion of due process, the dilution of constitutional rights…” – yeah, ya think?

The Federal Reserve is the latest government agency to be hit by a cyber attack, according to reports. The breach reportedly hit an emergency communications system out of St. Louis.

Anonymous warns this is just the beginning…  Continue reading →

When there’s no one left in the middle class to rape, guess you have to move up the ladder…

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Obama’s mortgage freebies:  No-money-down mortgages are back

By AnnaMaria Andriotis, WSJ Market Watch

Mortgage Contract pic

Some affluent buyers are getting the keys to their new home without putting a penny down.

It’s 100% financing—the same strategy that pushed many homeowners into foreclosure during the housing bust. Banks say these loans are safer: They’re almost exclusively being offered to clients with sizable assets, and they often require two forms of collateral—the house and a portion of the client’s investment portfolio in lieu of a traditional cash down payment….  Continue reading →

AG Jack Conway Calls MERS a Ghost and a Front – Files a Lawsuit Against MERSCORP Holdings, Inc.

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Weep no more my lady
Oh! weep no more today!

Bravo – Kentucky Attorney General Jack Conway!

3ghostsAttorney General Jack Conway announced that his office filed a lawsuit on January 23, 2013 in Franklin Circuit Court against MERSCORP Holdings, Inc., and its wholly owned subsidiary Mortgage Electronic Registration Systems, Inc. (MERS) for violations of Kentucky law. The lawsuit is a result of Attorney General Conway’s investigation of mortgage foreclosure issues in Kentucky.

The lawsuit alleges that MERS violated Kentucky law by not   Continue reading →

Dear Lanny – The “Intent” is at the Top …and in the Patents.

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Frontline full storyWatching the PBS FRONTLINE | Untouchables left a lot of questions about the approach our U.S. government has taken to correct the securities corruption.

More importantly, nothing much has changed much since 2003 when the chaos that took down our economy ramped up into a full blown man made financial force majeure… Continue reading →

“Fraud Was … the F-Bomb”

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PBS FRONTLINE – Watch closely – click here.

“To hear some on Wall Street tell it, no one saw the financial crisis coming. As Jamie Dimon, the chairman and CEO of JPMorgan Chase, explained to the Financial Crisis Inquiry Commission, “In mortgage underwriting, somehow we just missed … that home prices don’t go up forever.”  The program in its entirety can be viewed here.  It is definitely a must watch!Frontline 1-22-13 Continue reading →

CROOKS AND LIARS – ‘Breaking The Law Should Not Be A Business Expense’

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By Susie Madrak, January 18, 2013

‘Breaking The Law Should Not Be A Business Expense’

In the past, federal regulators have been known to include provisions that waived the ability of a company to write off the costs of a settlement. But since our banks are always considered Too Big To Fail, they are of course offered every consideration, and We the Continue reading →