Tag Archives: Kemp v. Countrywide

WTF? BANK OF AMERICA AND FANNIE MAE SUPPOSEDLY HAVE THE SAME ADDRESS AND PHONE NUMBER

Posted on March 26, 2015 by eggsistense

If we were to discover that a Mob boss shared the same address and phone number with a legitimate business–like a liquor store or some such—what would we say about that liquor store? We’d say that the liquor store was … Continue reading →

Posted in Bank of America, California, Conspiracy, Crap-italism, Everything Is Rigged, Fannie Mae, Foreclosure, Foreclosure fraud, Secondary debt market, Securitization Fail | Tagged 1099, 400 National Way, Bank of America, Eric Mains, Fannie Mae, FDIC, Kemp v. Countrywide, Linda DeMartini, Living Lies, Matt Weidner, Max Gardner, MBS, Michele Sjolander, negotiation, non-negotiable, Pasadena, securitization fail, Simi Valley | 9 Comments

WAKE UP AMERICA—YOU HAVE BEEN SCAMMED! (GUEST POST)

Posted on November 12, 2014 by eggsistense

A first for LRM—a guest post, and it’s from the great Shelley Erickson! For the most part, the formatting and highlighting herein is the same as it appeared when Shelley sent this to me at the end of last year. … Continue reading →

Posted in Bank of America, Conspiracy, Debt, Endorsement, Everything Is Rigged, Fannie Mae, Foreclosure, Foreclosure fraud, Judicial Misconduct, Living Lies, MERS, Secondary debt market, Securities, Securitization Fail, Too big to fail, Washington, Wells Fargo | Tagged 4closurefraud.org, allonge, assignment, Bank of America, Chase, Claire Swagey, Countrywide, deadbeat, Deadly Clear, default, deposition, deregulation, Deutsche Bank, Fannie Mae, Foreclosure Defense Nationwide, Foreclosure Hamlet, Freddie Mac, GAAP, Glass-Steagall Act, HAMP, involuntary servitude, Jeff Barnes, Jeff Stenman, JPM, Kemp v. Countrywide, Lawrence Nardi, Living Lies, Lorraine Brown, LPS, Lynn Szymoniak, Matt Weidner, MERS, modification, Northwest Trustee Services, Ocwen, Ponzi, Promontory, Recontrust, Richard Roman, scam, securitization, Shelley Erickson, stopforeclosurefraud.com, WAMU, Washington, Wells Fargo | 2 Comments

NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION

Posted on June 20, 2014 by eggsistense

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 | 5 Comments

MERS: DYING A SLOW, PAINFUL DEATH?

Posted on April 18, 2014 by eggsistense

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 Abigail Field, Bank of America, Bloomberg, Fannie Mae, Kemp v. Countrywide, Linda DeMartini, MERS, Naked Capitalism, securitization fail, William Hultman | 5 Comments

IS THERE EVEN A “NOTE HOLDER” TO PAY?

Posted on December 3, 2013 by eggsistense

Reaction to a post at Living Lies today in which Neil Garfield said: “If the owner can’t be known, are we really saying that the borrower still owes the money on the fictitious debt that was described in ether note … Continue reading →

Posted in Debt, Fannie Mae, Foreclosure, Foreclosure fraud, MERS | Tagged Bank of America, Carpenter v. Longan, endorsement, Fannie Mae, Kemp v. Countrywide, Kirby v. Bank of America, Living Lies, MERS, Michele Sjolander, negotiation, Neil Garfield, note holder, possession, promissory note, Recontrust, transfer | 2 Comments

IFR COVER-UP, PART TWO: ILLEGITIMATE FORECLOSURES

Posted on April 25, 2013 by eggsistense

Yesterday’s post questioned why mortgage servicers–and not mortgage investors–were punished by the IFR. The reason for that question is this: servicers are supposed to be mere debt collectors. That is, servicers are not the entities to whom a debt is … Continue reading →

Posted in Foreclosure | Tagged China, currency war, Fannie Mae, Federal Reserve, foreclosure, Freddie Mac, GSE, HSH v. Barclays, Independent Foreclosure Review, Kemp v. Countrywide, Living Lies, Neil Garfield, OCC, QE unlimited, UCC | 5 Comments

BANK OF AMERICA’S MAGIC WAND

Posted on March 29, 2013 by eggsistense

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 Abigail Field, Bank of America, Bank of New York, Countrywide, deposition, endorsements, Fortune, Frank Norwitch, HSBC v. Rose, Kemp v. Countrywide, Kirby v. Bank of America, Linda DeMartini, Michele Sjolander, OCC, ta-da endorsement, wand | 4 Comments