Category Archives: Securitization Fail
TAKING DOWN THE BANKS, $10 AT A TIME
If ten bucks could help take down the bank you despise the most, would you pay it? In order to do just that, a family in Washington state has started a crowdfunding campaign over at Kickstarter called “Beating Bank of … Continue reading
IT’S ALL ABOUT THE ENDORSEMENTS, Y’ALL
As we have written about many times here at LRM, endorsements on promissory notes are a big deal, to put it lightly (see list of articles at the end of this post). The judges know this. The banks know this. … Continue reading
MERS: THE INVISIBILITY CLOAK OF THE BANKSTERS
Yes, the banks don’t want you to see what they’re doing–or not doing, as the case may be. Specifically, they don’t want you to see that they have separated your note from your deed of trust/mortgage. In my opinion (and … Continue reading
Posted in Asset Bubble, class war, Conspiracy, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Foreclosure fraud, Living Lies, MERS, QE unlimited, Redistribution, Reverse socialism, Securities, Securitization Fail, Wealth transfer
Tagged assignment, bailout, Bastille Day, feudalism, French Revolution, invisibility cloak, Living Lies, MERS, opaque, QE, quantitative easing, rehypothecation, Rush, transparency, Wisconsin
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UPDATE: HOMEOWNER VICTORY IN MICHIGAN
A couple days late with this update, but it’s such great news, I gotta share anyway! If you read the story “All Hands On Deck: Fighter Served Eviction Papers” from Tuesday, you know that Michigan homeowner KathyJo Torrenga faced eviction … Continue reading
THE WORLD CUP–OF FREEDOM
Even though I continue to passively ignore the World Cup (nothing against soccer, just not a fan of sports on TV), I did happen to read that horrible Ann Coulter piece about how soccer signifies a nation’s moral decay. I’m … Continue reading
Posted in Crap-italism, Everything Is Rigged, Feudalism, Financial Terrorism, Mary McCulley, Police State, Securitization Fail, Wage slavery
Tagged 4th Amendment, Ann Coulter, cell phones, karen rozier, Mary McCulley, privacy, soccer, Supreme Court, The Liberties, The Tyrannosaurs, World Cup
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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
Posted in Bank of America, Debt, Everything Is Rigged, Fannie Mae, fiat currency, Foreclosure, Foreclosure fraud, Living Lies, MERS, QE unlimited, Redistribution, Securitization Fail, Wells Fargo
Tagged Abigail Field, bailout, Bank of America, Bank of New York, Countrywide, endorsement, Kemp v. Countrywide, Laurie Meder, Linda DeMartini, Linda Tirelli, Michele Sjolander, motion in limine, QE, robo-stamped, ta-da endorsement, THe Housing Justice Foundation, Wells Fargo
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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
Posted in Conspiracy, Everything Is Rigged, Foreclosure, Foreclosure fraud, Paper terrorism, Securities, Securitization Fail, Wells Fargo
Tagged endorsement, Judge Drain, Linda Tirelli, mortgage-backed securities, Naked Capitalism, Robert Drain, robo-endorsed, robo-stamped, securitization, Well Fargo manual, Wells Fargo, whistleblower
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WHO OWNS WHAT: BANKS AND THE NEW FEUDALISM
In a new Salon article, David Dayen eloquently sums up root cause of the new feudalism, which is being helped along by the federal government and federal courts: “Many focus on how the failure to prosecute financial crimes, by Attorney … Continue reading
LIBERTY ROAD MEDIA 