Tag Archives: MBS
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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FANNIE “MBS”= MORE BULLS@!#: MORGENSON MISTAKEN?
In an article from last week about Fannie Mae pursuing deficiency judgments in Florida, Gretchen Morgenson essentially defends Fannie Mae, saying this (“Borrowers, Beware: The Robo-Signers Aren’t Finished Yet,” New York Times, Nov. 15 2014): “Fannie Mae is certainly justified … Continue reading
Posted in Crap-italism, Endorsement, Everything Is Rigged, Fannie Mae, Foreclosure, Foreclosure fraud, MERS, Paper terrorism, Secondary debt market, Securitization Fail, Uncategorized
Tagged bailout, conservatorship, Fannie Mae, FHFA, Gretchen Morgenson, James Lockhart, MBS, New York Times
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BANK OF AMERICA’S $4 BILLION “ACCOUNTING ERROR”
Saw the story of Bank of America’s “accounting error” a few days ago and muttered something to myself about how they’ll just get away with this accounting fraud just like they’re getting away with the foreclosure fraud. After all, it’s … Continue reading
BANKSTER VS. DEADBEAT: “Deadbeat” clear winner!
Hat tip to Robert Tuna Townsend (a Facebook friend) for this. Great talking points for shutting down the inevitable “but you didn’t make your payments and just want a free house” argument.
Posted in Fannie Mae, Foreclosure, MERS
Tagged bailout, Bankster vs. Deadbeat, dog doo, felony, foreclosure, foreclosure fraud, Goldman Sachs, Market Ticker, MBS, MERS, perjury, Robert Tuna Townsend, robo-signing, securitization
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FANNIE MAE, BY ITS OWN ADMISSION, OWNS NOTHING
In the latest smackdown of the big banks making the rounds, namely JP Morgan Chase Bank, Natl. Assn. v Butler, heroic Judge Arthur Schack puts Fannie Mae in her place more than any other judge I’m currently aware of. He takes … Continue reading
Posted in Fannie Mae, Foreclosure
Tagged Arthur Schack, asset, Butler, Chase, Fannie Mae, foreclosure, foreclosure fraud, Investopedia, MBS, servicing guide, trust, trust agreement, trustee
39 Comments
LIBERTY ROAD MEDIA 