Category Archives: Foreclosure
JUDGES: DUPES OR IN ON IT? THIS QUESTION KEEPS COMING UP…
So a judge took it upon himself to drastically reduce the damages which a jury found should be paid to California homeowner Phillip Linza (Linza v. PHH Mortgage, et al.), according to the Sacramento Bee: The jury awarded $514,000 in … Continue reading
FORECLOSURE JUDGES: DUPES OR FOLLOWING A SCRIPT?
A couple of extremely salient points in this article. First, Garfield notices some apparent scripting among judges in different Florida counties. And unfortunately, it’s not because they’re quoting the Constitution of the relevant law. Here’s how Garfield describes what’s happening: … Continue reading
TURNING “MISERY INTO MONEY”: THE INJUSTICE INDUSTRY OF THE BANKS
Joel Sucher covers the waterfront of foreclosure fraud today, even giving a shoutout to us here at LRM. Sucher performs the badly-needed service of humanizing and un-demonizing those damaged by the ongoing foreclosure maelstrom: “The largely nameless victims in this … Continue reading
NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION
Incredible story making the rounds the last few days about a rather high percentage of unendorsed notes being offered by the Bank of New York in foreclosure/bankruptcy cases. As high as 79%. That’s more than three quarters of the notes … Continue reading
FIGHT BANKS, GO TO JAIL–OR BE KILLED?
So let’s see…Mary McCulley fights US Bank–wins $6 million–but goes to jail on dubious charges. Other bank fighters are facing the same possible fate, as previously mentioned in a story from almost exactly 6 months ago: “LOS ANGELES, Calif. – … Continue reading
FAKE ENDORSEMENTS: JUDGE IN WELLS FARGO CASE ON RIGHT TRACK
The Wells Fargo “Mortgage Foreclosure Attorney Procedure Manual” continues to make news. Now the judge in the case that brought all this to light is saying the following: At the hearing, attorney David Dunn said the bank’s note endorsement process … Continue reading
FORGET HEARINGS, JAIL BANKERS
Indeed, these will be hearings (if and when they happen) on financial faux pas, not financial terrorism–and the second kind is the kind we need… Having new hearings on the Independent Foreclosure Review–which was abruptly ended by a settlement in … 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
NO MORE DIRTY DEEDS: MANTOR FOR SAN DIEGO COUNTY RECORDER
Neil Garfield writes today about George Mantor’s intention to run for San Diego County recorder: “Mantor is aiming straight for his issue by running for the Recorder’s Position. I think his aim is right and he seems to get the … Continue reading
MERS ASSIGNMENTS “HAVE NO EFFECT”; MERS ADMITS TO NO CONTROL OVER NOTES
Jeff Barnes of Foreclosure Defense Nationwide breaks down the significance of the decision by the Supreme Court of Rhode Island in the case of Chhun v. MERS: “The homeowners had sued for declaratory relief, quiet title, and punitive damages, alleging … Continue reading