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View ArticleWHAT IF THE LOANS WERE NOT ACTUALLY SECURITIZED?
Many questions are coming after yesterday’s post. The main point is that there is no paper trail because nobody wanted it. Up at the top of the “securitization chain” fabricated by the securitization...
View ArticleNevada Attorney General Catherine Cortez Masto Expected to File Criminal...
Wells Fargo accused of forging loan documents A Las Vegas attorney who represents people facing foreclosure has accused Wells Fargo of forging loan documents. The allegation is the latest sign that...
View ArticlePalm Beach Post | Is Signing Foreclosure Documents for Others Forgery?
“Because the surrogate signers were signing the documents as part of their jobs, and presumably believed that they had the authority to sign, they could not have committed fraud,” said Nova...
View ArticleNaked Capitalism | OCC Servicer Review Firm Also “Scrubs” Loan Files,...
OCC Servicer Review Firm Also “Scrubs” Loan Files, Fabricates Documents Reader Lisa N. pointed me to a troubling October 2010 press release by SolomonEdwardsGroup, a company that describes itself as a...
View ArticleL. Randall Wray | Secret Deals, Foreclosure Settlements, Stress Tests and...
Secret Deals, Foreclosure Settlements, Stress Tests and Vampire Squid Whistleblowers No Hollywood scriptwriter could plot a more implausible story. Here is the plotline sequencing: Bankers make NINJA...
View ArticleBOMBSHELL- PRINCIPAL REDUCTIONS FOR ALL MAJOR SERVICERS!
Oh, sorry, you thought I meant borrowers were going to be treated fairly and that the man on the street was going to get a break, right? Not so fast folks. This is Amerika after all where those at...
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