VIDEO Don’t Be A Victim: “The Numbers Say That The Majority Of You Will Fall Victim To The Next Bubble”

Feb 27, 2017  by Chris Martenson   It’s impossible to predict with certainty how much more insane our financial markets will get before an inevitable correction. But my personal bet is: A lot! For my reasons why, take a few minutes to watch the chapter on bubbles below from The Crash Course. For those who … More VIDEO Don’t Be A Victim: “The Numbers Say That The Majority Of You Will Fall Victim To The Next Bubble”

Trump Adm. Moves to Reduce Chances for Real Estate Meltdown

Jan 28, 2017 by  Steve Byas “What a terrible thing to do to American homeowners,” Senator Chuck Schumer (D-N.Y.) said in reaction to the Trump administration’s reversal of a last-minute action by outgoing Obama administration on the FHA home mortgage insurance rate. “In one of his first acts as president, President Trump made it harder … More Trump Adm. Moves to Reduce Chances for Real Estate Meltdown

Fake Agreements Between Sham Conduits Try to Preempt Courts from Ruling on Evidence

November 9, 2016 by Neil Garfield the parties are creating the illusion that they are essentially entering into an agreement to purchase paper from the seller where there is no original paperwork and no indication that the purchase ever actually took place.   THIS ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU CAN RELY … More Fake Agreements Between Sham Conduits Try to Preempt Courts from Ruling on Evidence

Majority stake in MERSCORP Holdings acquired by NYSE parent company ICE

June 17, 2016 by Brena Swanson   Intercontinental Exchange, ICE, announced on Friday that it plans to acquire a majority equity position in MERSCORP Holdings, the owner of Mortgage Electronic Registrations Systems, collectively known MERS, sending a signal to the market that MERS is finally vindicated. [ How this show vindication is not stated. What it … More Majority stake in MERSCORP Holdings acquired by NYSE parent company ICE

Freddie and Fannie Sell Your Home Loans to Vultures for Pennies on Dollar: Vultures Pick the Bones of Distressed US Homeowners

Jan 26, 2016 by findsenlaw Freddie Mac Kicks Off 2016 with Largest Ever Delinquent Loan Auction article here: The transaction announced on Friday is Freddie Mac’s third bulk NPL sale worth more than $1 billion. The previous two were worth $1.1 billion each. Overall, it will be Freddie Mac’s ninth bulk Standard Pool Offering (SPO) … More Freddie and Fannie Sell Your Home Loans to Vultures for Pennies on Dollar: Vultures Pick the Bones of Distressed US Homeowners

Beware of Institutional Vulture Debt Buyers and Default Judgments

October 30, 2015 by findsenlaw Vulture debt buyers are buying up questionable debt (credit card, student loan, auto, you name it) for pennies on the dollar and filing lawsuits in volume, obtaining default judgments in bulk, on junk evidence. The CFPB is going to step in with some new rules. Full article in the American … More Beware of Institutional Vulture Debt Buyers and Default Judgments

Travis County Recorder Speaks Out Against MERS and the Fifth Circuit Ruling

October 13, 2015 by findsenlaw In Travis County, a large Texas county with Austin (my alma mater) serving as the county seat, the County Clerk derided a recent MERS-related decision of the notoriously “conservative” (really meaning bank-oligarchy-friendly rather than some more benign definition of fiscal conservatism) U.S. Court of Appeals for the Fifth Circuit in … More Travis County Recorder Speaks Out Against MERS and the Fifth Circuit Ruling

SCOTUS Confronts ‘Line-Standing,’ Secret Changes to Opinions

The court’s policy changes, announced Monday, respond to public complaints. October 5, 2015 by Tony Mauro and Marcia Coyle, The National Law Journal The U.S. Supreme Court announced Monday a series of policy changes that respond to public complaints about secret changes to the justices’ decisions, hiring “line-standers” for high-profile oral arguments and “link rot” … More SCOTUS Confronts ‘Line-Standing,’ Secret Changes to Opinions

MERS Lacks Legal Authority and Public Accountability

September 16, 2015 by findsenlaw MERS is one large reason for the mortgage foreclosure mess homeowners find themselves in. Some of the best quotes, – Mortgage servicing companies, banks, courts and government agencies have all expressed astonishment at the extent to which MERS database is inaccurate. (p. 24) – “Simply put, ‘MERS is the Wikipedia … More MERS Lacks Legal Authority and Public Accountability