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FRAUD IS THE CENTRAL PROBLEM

It is hard to state this strongly enough. The entire mortgage backed securitization structure was based upon FRAUD. An intentional misstatement of a material fact known to be untrue and which the...

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New York Presses Banks on Foreclosures

It is gratifying to see state officials taking a proactive stance. As comptroller, Mr. Liu should consider the details, however. The fact remains that modifications are largely a sham. The only lender...

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Actual Fraud and Constructive Fraud and Other Fraud

From M. Solimon Editor’s Note: Pretty Good Entry From M. Solimon discussing aspects of fraud. I would add the following: FRAUD: A false statement wherein the speaker knows it is false, intends for it...

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Fighting the Government…The Real Battle in Fraudclosuregate

I have grown increasingly frustrated in fighting this battle because in many cases the fight is senseless. More often than not, a deal could be reached that would serve the best interests of the...

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In Re Harris- Massive Class Action Lawsuit Names Ben Ezra and LPS

The street fighters that are out there fighting these battles every day are making headway, but things are only going to change now that the real prize fighting, hard-charging, sword wielding super...

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Gallup: Republicans gain ground in swing states

Both Romney and Gingrich ahead of Obama. Barack Obama wanted to change the direction of American politics, and it looks as though he has succeeded — to his own detriment.   A new USA Today/Gallup poll...

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Pew poll: Public not particularly happy about Prop 8 decision or...

Will this be the social issues election, after all? It’s interesting, isn’t it? This election cycle was supposed to be dominated by jobs and the economy, but, lately, social issues have saturated the...

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