Tag Archives: Living Lies
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
Posted in Financialization, Foreclosure, Foreclosure fraud, Redistribution
Tagged CDO, CDS, Countrywide, escrow, foreclosure, Living Lies, MIHOP, Neil Garfield, refinance, The Big Short
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“Welfare State for the Banking System,” Not You and Me
Stacy Herbert nails what is wrong with the current order of things: “(approx. 7:38) This is the class war that Warren Buffett, one of the richest men in the world, has talked about–that his class is winning. And part of … Continue reading
Posted in Crap-italism, Debt Slavery, Everything Is Rigged, Financialization, Foreclosure fraud, Keiser Report, Living Lies, Reverse socialism, ZIRP
Tagged banking system, credit, free enterprise, Gore Vidal, Keiser Report, Living Lies, misdirection, Neil Garfield, risk, socialism, Stacy Herbert, welfare, ZIRP
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WTF? BANK OF AMERICA AND FANNIE MAE SUPPOSEDLY HAVE THE SAME ADDRESS AND PHONE NUMBER
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
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FORECLOSURE JUDGES: DUPES OR FOLLOWING A SCRIPT?
A couple of extremely salient points in this article. First, Garfield notices some apparent scripting among judges in different Florida counties. And unfortunately, it’s not because they’re quoting the Constitution of the relevant law. Here’s how Garfield describes what’s happening: … Continue reading
Posted in Everything Is Rigged, Feudalism, Foreclosure, Foreclosure fraud, Judicial Misconduct, Living Lies
Tagged Constitution, dupes, feudalism, Florida, judges, Living Lies, Neil Garfield, script
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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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HOW MORTGAGE SERVICERS ARE LIKE A STARBUCKS DRIVE-THRU
Neil Garfield writes again on the topic of “servicer advances” today, explaining in a nutshell what they are: “[Servicer advances] fall into the category of payments made to the creditor-investors, which means that the creditor on the original loan, or … Continue reading
JUDGES: DUPES OR IN ON IT?
The “ta-da” endorsements and other document fabrication schemes are not exclusive to Wells Fargo, as we all know. It’s just that Wells’ manual has become public knowledge. And of course, the point of all this document fabrication is to fool … Continue reading
LIBERTY ROAD MEDIA 