Tag Archives: Countrywide
First Look: New Linda Tirelli Suit Against Bank of America
Attorney Linda Tirelli, a rockstar in the arena of foreclosure defense, has just filed an adversarial bankruptcy suit in the Southern District of New York naming the following as defendants: Bank of America, Nationstar, U.S. Bank, and Recontrust. As many … Continue reading
Wall Street Wanted Homeowners To Default And MIHOP
Great article from Neil Garfield today–How Servicers Engineer Defaults Using the Escrow Accounts, Forced Placed Insurance and False Projections— about how the Wall Street wolves got their defaults to trigger the big payoff from the CDS: manipulate escrow accounts. Exactly … Continue reading
First Yvanova, Now Hernandez—Courts Warming Up to Homeowner Arguments
California homeowner advocate Sherry Hernandez is feeling great these days about her efforts to fight her wrongful foreclosure by Penny Mac (i.e., PNMAC). “I’m trying to enjoy my time because I know that it’s not going to be easy going … Continue reading
COUNTRYWIDE FALLOUT: MOZILO AGAIN FACING FEDERAL CHARGES?
By now, we’ve all learned not to get our hopes up when the government sues the banks, but still, it’s nice to see it happen, especially when it happens twice, as is happening to Countrywide’s founder and California raisin poster … 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
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
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