Tag Archives: Abigail Field

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 , , , , , , , , , , , , , , , , | 5 Comments

MERS: DYING A SLOW, PAINFUL DEATH?

In a bombshell story about Ginnie Mae and Bank of America–which is a big deal unto itself–Yves Smith brings in the following about MERS (Mortgage Electronic Registration Systems), which is the cornerstone of the securitization fail (Smith quotes Bloomberg): “As … Continue reading

Posted in Asset Bubble, Bank of America, Debt, Debt Slavery, Everything Is Rigged, Fannie Mae, Foreclosure fraud, Securitization Fail | Tagged , , , , , , , , , | 5 Comments

BANK OF AMERICA’S MAGIC WAND

The fatal flaw behind the justification of “ta-da” endorsements–effectively no one has “personal knowledge” of them IMPORTANT NOTE/DISCLAIMER:  The following article is not legal advice and was not written by an attorney.  It is merely a collection of common-sense, rational … Continue reading

Posted in Bank of America, Conspiracy, Endorsement, Everything Is Rigged, Foreclosure, Foreclosure fraud, Paper terrorism, Securitization Fail | Tagged , , , , , , , , , , , , , , , | 4 Comments