Principal Reductions – Some Are Waking Up To What Could Be A Win Win Situation

This is a must read story published in the NY Times by Joe Nocera of a breakfast meeting he had with Laurie Goodman, a senior managing director of Amherst Securities. Enter Laurie Goodman. One of the country’s foremost authorities on mortgage-backed securities, she is also one of the most data-driven people I’ve ever met; at [...]

Let The Fraud Continue

Banks Continue ‘Robo-Signing’ Foreclosure Practices In Spite Of Promises To Contrary: Investigation NEW YORK/IMMOKALEE (Scot J. Paltrow) – America’s leading mortgage lenders vowed in March to end the dubious foreclosure practices that caused a bruising scandal last year. But a Reuters investigation finds that many are still taking the same shortcuts they promised to shun, [...]

Goldman Sachs To Stop Robo Signing

            I can’t resist this one.  Robo signing is an illegal practice.  It is the practice of having many people sign one persons name onto documents such as affidavits attesting to a court that the information was examined by that person is is known to be true and correct. So [...]

Bank Fraud Continued Cover Up From The White House

Some call it a settlement, the effort by The White House and its’ resident Obama, to a wide-ranging state settlement with banks over dubious foreclosure practices. Attorney General of N.Y. Is Said to Face Pressure on Bank Foreclosure Deal By GRETCHEN MORGENSON Published: August 21, 2011 Eric T. Schneiderman, the attorney general of New York, [...]

An Attorney Answers … Who is holder of a note

One of our readers – who  appears to be an Ohio attorney  well versed in foreclosure defense – offered a comment to which I replied and to which he again replied giving a more detailed explanation of  who is considered to be the holder of a promissory note therefore having the Standing to foreclose. I [...]

Financial Turmoil Evokes Comparison to 2008 Crisis – NYTimes.com

I know that this blog is dedicated to Foreclosure Defense but this post, I feel, is important to all of us, especially those of us in or facing foreclosure.  For me, it is all the more reason to fight your foreclosure, which is still laden with fraud from the inception of the loan to the [...]

Robo Signers List

FORECLOSURE SELF-DEFENSE COMPLETE GUIDE TO ROBO-SIGNERS  Wow.  Why have I not seen this before.  My better half just found it as is published on Scribd on April 1, 2011.  It is a long piece as it details a lot of information of individual Robo signers and Robo signing in general.  For example: What is a [...]

Homeownership Preservation Foundation…Bookmark this site

click on image to go to site… The Homeownership Prevention Foundation is a Not For Profit organization with a very impressive list of officers, board members and affiliates whose purpose it is to counsel people in financial distress, about to face or are facing foreclosure. I offer this solely based on the information I got [...]