Tag Archives: ta-da endorsement
Wells Fargo Beatdown over endorsements that are not “genuine”
Here at LRM, I have written a lot about the importance of endorsements on promissory notes, specifically what has come to be known as a “ta-da” endorsement, which is roughly defined thusly: “…endorsements that magically turn up on promissory notes … Continue reading
IT’S ALL ABOUT THE ENDORSEMENTS, Y’ALL
As we have written about many times here at LRM, endorsements on promissory notes are a big deal, to put it lightly (see list of articles at the end of this post). The judges know this. The banks know this. … Continue reading
NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION
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
CONSPIRACY FACT, NOT THEORY: WELLS FARGO’S MANUAL
So, once again, the “conspiracy theory” that banks manufacture/massage/manipulate the documents they need–but don’t have–in the foreclosure context has proven to be conspiracy fact. Indeed, the whistleblower that went to Naked Capitalism regarding Wells Fargo a year ago was not … Continue reading
BANK OF AMERICA’S MAGIC WAND
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