ANNOUNCEMENT RE: “BLOOMBERG”

Bloomberg announced today that it will no longer provide any loan and securitization data through its “LFND” search tool effective immediately. This comes as quite a surprise to those of us in the field of securitization auditing. I will refrain from elaborating as to why this happened. Instead,...

Let’s Connect Some Dots, Shall We?

The following Assignment is executed by “David J. Nash” as “Vice President” of JPMorgan Chase Bank, N.A.   Now, let’s take a look at the profile of Mr. David J. Nash: Now not to sound overly sarcastic, but there seems to be a few accusations floating around that...

Well Well Well….What Do We Have Here?

In other words….What the F&*#@!!!? Now we have the FDIC assigning WaMu loans to the Trusts for “valuable consideration” in violation of trust laws and IRS REMIC provisions. This is quite unbelievable! So why this loan in particular? Without any schedules of assets ever being produced,...

BP Investigative Agency Testifies As To Another “Forged Promissory Note”

THIS JUST FILED IN U.S. DISTRICT COURT, EASTERN DISTRICT OF TENNESSEE, AT KNOXVILLE MALIN V. JPMORGAN CHASE BANK 3:11-CV-554 (See attached “Declaration of Dr. James Kelley.”) AMENDED COMPLAINT – Malin v...

Debtor Has Standing to Argue Failure to Comply with Terms of PSA

Posted by NCBRC –  December 20, 2012 A Michigan state court found that a debtor may oppose foreclosure on the basis that the assignment of the mortgage to the foreclosing party was in violation of the Pooling and Service Agreement and, therefore, ineffective. HSBC Bank, USA v. Young, No. 11-693 (Cir....