Monthly Archives: March 2014
I SMELL A SETTLEMENT–BUT CONVENTIONAL WISDOM IS CHANGING FOR THE BETTER
So the so-called regulators have gotten in on the Wells Fargo debacle: “…four major watchdogs have taken notice. New York’s attorney general, the Consumer Financial Protection Bureau, the New York State Department of Financial Services and the United States Trustee … Continue reading
“CT,” POLICE STATE, AND WHY WE MUST WAKE THE F@$& UP
http://www.youtube.com/watch?v=-q2Uisc9CZU It’s kind of hilarious to read the comments below this great article–“The Reason The Police in The U.S. Routinely Kills, Tortures, and Lies With Impunity–from Daily Kos. The commenters can’t seem to accept the reality that is staring them … Continue reading
WELLS FARGO “CORRECTS” DOCUMENTS TO TAKE HOUSES
In the Wells Fargo manual mentioned in the post “Conspiracy Fact, Not Theory: Wells Fargo’s Manual”, we find the following statement on p. 32: “Files needing a corrected endorsement or assignment will not follow the Wells Fargo policy of returning … Continue reading
CONSPIRACY FACT, NOT THEORY: WELLS FARGO’S MANUAL
So, once again, the “conspiracy theory” that banks manufacture/massage/manipulate the documents they need–but don’t have–in the foreclosure context has proven to be conspiracy fact. Indeed, the whistleblower that went to Naked Capitalism regarding Wells Fargo a year ago was not … Continue reading
STOP PRETENDING WE’RE LIVING IN A 50s SITCOM
I always feel a little awkward, like I’m making people uncomfortable, when I question conventional wisdom out loud. Not that I’m some genius thinker or what have you. But if I suggest that perhaps everything is rigged, that money itself … Continue reading
SO EITHER THE NOTICE OF SALE OR THE DEED OF TRUST IS BS…
…that’s what this substitute trustee’s notice of sale in a Mississippi newspaper seems to say. Here’s the ad (I’d link to it, but it will be gone by the end of the day): “ Substitute Trustee’s Notice of Sale STATE … Continue reading
BANKS DO NOT LEND MONEY: ROSENBERG EDITION
ABSTRACT: I get tired of reading about how banks lend money and take all these risks and are therefore entitled to “repayment.” National discourse on the fact that banks do not lend their or their depositors’ money needs to begin … Continue reading