The Truth Will Set You Free: The Logic and the Law are Simple and Old as...
Thanks to Deontos: Editor’s Note: The logic is simple, basic and the law is old, accepted and “black letter.” No new law is needed to overturn all the foreclosures since 2001, no fancy footwork is...
View ArticleWHY SECURITISATION IS ILLEGAL UNDER U.S. AND COMMON LAW
Submitted by Charles Cox, apparently from public domain Article by Christopher Story to be published by Economic Intelligence Review conflict of interest inherent in the sponsor also serving as the...
View ArticleBerating the Raters and Appraisers
“of AAA-rated subprime-mortgage-backed securities issued in 2006, 93 percent — 93 percent! — have now been downgraded to junk status.” Editor’s Note: What homeowners and their lawyers, forensic...
View ArticleINVESTORS SUE FOR INFLATED HOME APPRAISALS, WHY DON’T YOU?
The model concluded that roughly one-third of the loans were for amounts that were 105 percent or more of the underlying property’s value. Roughly 5.5 percent of the loans in the pools had appraisals...
View ArticleREMIC EVASION of TAXES AND FRAUD
I like this post from a reader in Colorado. Besides knowing what he is talking about, he raises some good issues. For example the original issue discount. Normally it is the fee for the underwriter....
View ArticleCaveat Emptor Questioned on Wall Street: Fraud is Fraud
06norris.html?_r=1&ref=business&pagewanted=print Editor’s Note: Deep down in this article lies the heart of the matter of disclosure and fraud in the U.S. Marketplace. It is that there is a...
View ArticleFED BANS YIELD SPREAD PREMIUMS
A YIELD SPREAD PREMIUM IS A FEE PAID TO A BROKER FOR CREATING A FRAUDULENT PROFIT BY LYING TO THE CUSTOMER WHO BUYS A FINANCIAL PRODUCT. This particular lie would be about the rate on the loan. One...
View ArticleRestoring Sanity (and Marketability) to Real Title in The United States (5...
Judge Walt Logan’s comprehensive handling of this case inspired me when I followed up on it after reading the appellate decision over two years ago, a decision that is much misquoted by the plaintiffs...
View ArticleIn Re Harris- Massive Class Action Lawsuit Names Ben Ezra and LPS
The street fighters that are out there fighting these battles every day are making headway, but things are only going to change now that the real prize fighting, hard-charging, sword wielding super...
View ArticleVictory | ASSURED GUAR. (UK) LTD. v. J.P. MORGAN INV. MGT. INC. – Private...
Private Actions Are Not Precluded Under Martin Act, Panel Decides ALBANY — A decade after Attorney General Eliot Spitzer dusted off the long dormant Martin Act and deployed it to become the “Sheriff of...
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