-
Archives
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
-
Meta
Category Archives: Banking and foreclosures
Attorney General Masto statement on national foreclosure multistate settlement DEADLINE
FOR IMMEDIATE RELEASE Contact: Jennifer Lopez DATE: February 6, 2012 702-486-3782 Las Vegas, NV – Nevada Attorney General Catherine Cortez Masto released the following statement regarding today’s extended sign on deadline for the national foreclosure multistate settlement: “My office … Continue reading
Posted in Banking and foreclosures
Leave a comment
Report to Fannie Mae Regarding Shareholder Complaints
A copy of a report written by Nye Lavalle, a businessman, including his concerns about operations at Fannie Mae.
Posted in Banking and foreclosures
Leave a comment
Here is the New York Lawsuit Against the Banks
NYAG Complaint
Posted in Banking and foreclosures
Leave a comment
Why Mortgage-Backed Securities Aren’t (Backed by Securities): How MERS Toasted the Banks
In a series of pieces I have argued that MERS, a creation of the mortgage banking industry, has effectively destroyed the institution of private property in America. Ironically, MERS was created to facilitate quick and easy and cheap securitization of … Continue reading
Posted in Banking and foreclosures
Leave a comment
Eric Holder’s Law Firm Helped To Create MERS
Servicers perform routine mortgage maintenance tasks, including filing foreclosures, on behalf of mortgage owners, usually groups of investors who bought mortgage-backed securities. Covington represented Freddie Mac, one of the nation’s biggest issuers of mortgage backed securities, in enforcement investigations by … Continue reading
New York AG Suing Banks For Fraud Over Use Of MERS
NEW YORK, Feb 3 (Reuters) – New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices. Schneiderman filed the … Continue reading
Posted in Banking and foreclosures
Leave a comment
Las Vegas Reporter George Knapp Declares He Does Not Own His Home He Bought As A Foreclosure Due To Bad Paperwork
Posted in Banking and foreclosures
Leave a comment
Federal Government Is Betting Against Homeowners
Freddie Mac, the taxpayer-owned mortgage giant, has placed multibillion-dollar bets that pay off if homeowners stay trapped in expensive mortgages with interest rates well above current rates. Freddie began increasing these bets dramatically in late 2010, the same time that … Continue reading
More Good News for People Fighting the Banks
The RJ reports: The roughly 8,000 remaining people participated in a failed mediation in which the lender could not produce the required documents or the lender’s representative did not have authority to take action, Sommermeyer said. “I call them the … Continue reading
Posted in Banking and foreclosures
Leave a comment
Nevada Supreme Court Rules that Banks Have To Have Correct Documentation: FORECLOSURE DENIED!
(AP) LAS VEGAS — A pair of Nevada Supreme Court rulings requiring mortgage lenders to produce all required foreclosure documents before repossessing a house won’t establish a new legal standard because they rely on state high court opinions issued last … Continue reading
Posted in Banking and foreclosures
Leave a comment