Tag Archives: foreclosure
Are banks like Wells Fargo the new slumlords? Pam Ragland’s post-foreclosure story.
Though it gets less publicity these days than it did in years past, the foreclosure crisis in the U.S. lingers. Sometimes it isn’t even the homeowners who suffer most from foreclosure. Approximately 40% of the time, according to some estimates, … Continue reading
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
“Secret Shame” of Middle Class vs. Shamelessness of Banks
, While there is certainly much to appreciate in “The Secret Shame of the Middle-Class,” Neal Gabler’s recent article in The Atlantic, I still felt that it ultimately acts as an indictment of, rather than a gesture of solidarity with, … Continue reading
Judges: Not Dupes—TOTALLY In On It
In the past couple of years, we’ve written a number of articles—not quite a series, but more than a couple—asking the following question regarding whether or not judges are impartial, or favor Goliath over David, or whether they really can … Continue reading
The connection between money-laundering and mortgages
I first came across the story of chemist Dean Moore and HSBC via this very tantalizing headline from Michael Krieger: “How the U.S. Government and HSBC Have Teamed Up to Hide the Truth From a Pennsylvania Couple”. After reading through … Continue reading
“Standing” up for homeowners, against banks: Yvanova decision
This one–the Yvanova decision by the California Supreme Court–was a no-brainer, of course. Had the Court ruled that homeowners cannot challenge a bogus assignment, there would be no point in a bank or other purported holder of California mortgages following … Continue reading
American “Capitalism”= “Pay or Die”: The system we actually have is not the system we think we have.
In a very revealing appearance on Gary Dubin’s vital radio program—“The Foreclosure Hour”—Washington attorney Scott Stafne accurately gets to the core of what is behind not only the crisis faced by homeowners trying to save their homes from foreclosure via … Continue reading
99 Homes Review: Letting the banks off the hook? (SPOILERS)
If you have not yet seen the powerful new film 99 Homes and want to be surprised how it all turns out at the end, you might want to stop reading this now, because I am about to spoil the … Continue reading