Predatory Lending
Posted on December 12, 2009. Filed under: Case Law, Foreclosure Defense, Mortgage Law, Predatory Lending | Tags: Case Law, fighting foreclosure, Figting Foreclosure, forensic loan audit, Predatory Lending Case Law |
MARLA LYNN SWANSON, Plaintiff, vs. EMC MORTGAGE CORPORATION, et al., Defendants.
CASE NO. CV F 09-1507 LJO DLB
UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF CALIFORNIA
October 29, 2009, Decided
October 29, 2009, Filed
COUNSEL: For Marla Lynn Swanson, Plaintiff: Sharon L. Lapin, LEAD ATTORNEY, Attorney At Law, San Rafael, CA.
For EMC Mortgage Corporation, Mortgage Electronic Registration [...]
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Posted on October 27, 2009. Filed under: Banking, Finance, Foreclosure Defense, Mortgage Audit, Mortgage Fraud, Mortgage Law, Predatory Lending | Tags: affidavit, Assignment, fighting foreclosure, Figting Foreclosure, foreclosure prevention, forensic loan audit, how to stop foreclosure, loan document audit, MERS, Mortgage Audit, Mortgage Fraud, mortgage litigation, predatory loan, predatory servicing |
In bankruptcy and government takeovers of financial institutions, missing collateral is a major obstacle for trustees and regulators to overcome. The missing assignment problem is an extension of not carelessness or sloppiness as many have claimed, but of overt acts of fraud.
Skilled attorneys and forensic accounting experts could expose this fraud and as such, the [...]
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Posted on October 23, 2009. Filed under: Banking, Foreclosure Defense, Fraud, Housing, Mortgage Audit, Mortgage Fraud, Mortgage Law, Predatory Lending | Tags: fighting foreclosure, Figting Foreclosure, Foreclosure Defense, forensic loan audit, how to stop foreclosure, loan audit, Loan Modification, MERS, mortgage litigation, mortgage modification, Predatory Lending Case Law, securitization fraud |
By PAM MARTENS
The financial tsunami unleashed by Wall Street’s esurient alchemy of spinning toxic home mortgages into triple-A bonds, a process known as securitization, has set off its second round of financial tremors.
After leaving mortgage investors, bank shareholders, and pension fiduciaries awash in losses and a large chunk of Wall Street feeding at the [...]
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Posted on October 12, 2009. Filed under: Foreclosure Defense, Fraud, Loan Modification, Mortgage Audit, Mortgage Fraud, Mortgage Law, Politics, Predatory Lending, Truth in Lending Act, right to rescind | Tags: predatory loan, mortgage modification, loan audit, foreclosure prevention, how to stop foreclosure, Figting Foreclosure, Foreclosure, Loan Modification, fighting foreclosure, forensic loan audit, loan document audit, Foreclosure Defense, mortgage litigation, Mortgage Law, Predatory Lending Case Law, Produce The Note, Missing Note |
Fight Club entered popular culture in 1999 when director David Fincher adapted Chuck Palahniuk’s novel into a film that reflected the zeitgeist of modern America with its empty culture, obsession with aesthetic beauty, and slavish under and middle classes.
Warning: Decade-old spoiler coming up.
The film ends with the agents of “Project Mayhem,” protagonist Tyler Durden’s followers, [...]
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Posted on September 23, 2009. Filed under: Bailout, Banking, Case Law, Foreclosure Defense, Mortgage Audit, Mortgage Law, Predatory Lending | Tags: fighting foreclosure, Figting Foreclosure, Foreclosure, Foreclosure Defense, foreclosure prevention, forensic loan audit, loan audit, Loan Modification, MERS, Mortgage Default, mortgage litigation, Predatory Lending Case Law, TILA Case Law |
A landmark ruling in a recent Kansas Supreme Court case may have given millions of distressed homeowners the legal wedge they need to avoid foreclosure. In Landmark National Bank v. Kesler, 2009 Kan. LEXIS 834, the Kansas Supreme Court held that a nominee company called MERS has no right or standing to bring an action [...]
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Posted on August 9, 2009. Filed under: Foreclosure Defense, Fraud, Housing, Legislation, Loan Modification, Mortgage Audit, Mortgage Fraud, Mortgage Law, Predatory Lending | Tags: fighting foreclosure, Figting Foreclosure, Foreclosure, Foreclosure Defense, foreclosure prevention, forensic loan audit, loan audit, loan document audit, Loan Modification, Mortgage Audit, Mortgage Crisis, Mortgage Default, Mortgage Law, mortgage litigation, mortgage modification, Predatory Lending Case Law, predatory loan, TILA Case Law |
WASHINGTON — Billions of dollars that the government is spending to help financially pressed homeowners avert foreclosure are passing through — and enriching — companies accused of preying on the people they are supposed to help, an Associated Press investigation has found.The companies, known as mortgage servicers, collect monthly payments from homeowners and funnel the [...]
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Posted on July 5, 2009. Filed under: Banking, Case Law, Foreclosure Defense, Housing, Legislation, Loan Modification, Mortgage Audit, Mortgage Law, Politics, Predatory Lending, Refinance, bankruptcy | Tags: fighting foreclosure, Figting Foreclosure, Foreclosure Defense, foreclosure prevention, forensic loan audit, how to stop foreclosure, loan audit, loan document audit, Loan Modification, Mortgage Audit, Mortgage Crisis, Mortgage Default, Mortgage Law, mortgage litigation, mortgage modification, predatory loan |
They are telling you to run away from loan modification companies who charge a fee. They are paying the politicians to introduce laws making it difficult for you to hire an attorney when negotiating a loan workout. They want you to contact them directly and without the assistance of an advocate. They are scaring you [...]
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Posted on June 30, 2009. Filed under: Case Law, Legislation, Mortgage Fraud, Predatory Lending, Truth in Lending Act | Tags: Case Law, consumer credit protection act, deceptive lending practices, forensic loan audit, Housing, loan audit, loan document audit, Loan Modification, Mortgage Crisis, Mortgage Law, mortgage litigation, mortgage modification, Predatory Lending Case Law, predatory loan, RESPA Case Law, TILA Case Law, Truth in Lending Act |
Reporting from Washington — The Supreme Court ruled Monday that states could enforce some of their consumer protection laws against national banks, a move that could lead to tougher oversight than federal regulators have provided in recent years.
The 5-4 decision in a case involving attempts by New York’s attorney general to enforce fair-lending laws was [...]
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Posted on June 26, 2009. Filed under: Foreclosure Defense, Fraud, Loan Modification, Mortgage Audit, Mortgage Fraud, Mortgage Law, Predatory Lending, Truth in Lending Act, right to rescind | Tags: fighting foreclosure, Figting Foreclosure, Foreclosure, Foreclosure Defense, foreclosure prevention, forensic loan audit, loan audit, loan document audit, Loan Modification, Mortgage Audit, Mortgage Crisis, Mortgage Default, Mortgage Fraud, Mortgage Law, mortgage litigation, mortgage modification, Predatory Lending Case Law, predatory loan, regulation z, TILA Case Law, TILA violations, Truth in Lending Act, truth in lending law |
Iris Martin
My new book, Mortgage Wars, will guide you, step by step, through a war plan of engagement that has been followed by many homeowners who have won their mortgage wars. You will meet them and their attorneys throughout the book. You will learn about how you were defrauded and why; why the government cannot [...]
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Posted on June 26, 2009. Filed under: Foreclosure Defense, Fraud, Loan Modification, Mortgage Audit, Mortgage Law, Predatory Lending, Truth in Lending Act, right to rescind | Tags: predatory loan, Truth in Lending Act, tila, mortgage modification, respa violations, foreclosure prevention, stop foreclosure, right to rescind, truth in lending law, Figting Foreclosure, fighting foreclosure, forensic loan audit, loan document audit, Foreclosure Defense, mortgage litigation, TILA violations, Mortgage Law, Predatory Lending Case Law |
Homeowners, welcome to Paradise Lost, the fate of millions of financially strapped boomers. A simultaneous loss of life savings, job income and foreclosure has many of them wondering, “Whose America is this, anyway? The bankers got bonuses to defraud us, and our industries and economy are in the pits. We worked for decades to live [...]
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