Tag Archives: securitization fail

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

Posted in Bank of America, Everything Is Rigged, Fannie Mae, Financial Terrorism, Foreclosure, Foreclosure fraud, Paper terrorism, US Bank, Wealth transfer | Tagged , , , , , , , , , , , , , , , , , , , , , | 10 Comments

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 , , , , , , , , , , , , , , , , , | 7 Comments

MERS: DYING A SLOW, PAINFUL DEATH?

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 , , , , , , , , , | 5 Comments