Does Challenging Securitization Harm Consumers? A Conversation With an Attorney That Reveals the Real Story

Every so often, I end up in conversations with attorneys who are sharp, experienced, and well-intentioned, but who have spent their entire careers swimming in the industry’s preferred narrative. Not long ago, one of those attorneys pushed back on my work—not out of disagreement, but to play devil’s...

There Are No Banks in This System — Only Wall Street Intermediaries

One of the most persistent and misleading aspects of the modern foreclosure system is the routine use of the word “bank.” Yard signs declare “Bank-Owned Home,” attorneys in court speak of “the bank,” and judges themselves repeat the phrase as if it had factual grounding. But in truth, there were...

The Heart of the Scheme: Concealment Through the Illusion of a Loan

The central deception in modern mortgage finance is concealment — the deliberate presentation of a bookkeeping event as if it were a traditional, bilateral loan transaction. What the public was led to believe was a lawful exchange of bank capital for borrower repayment was, in reality, the creation and...

“You Promised”: Debunking the Most Abused Argument in Foreclosure Law

Disclaimer: This article is not legal advice. Please consult licensed legal counsel for guidance specific to your situation. Introduction: The Weaponization of a Signature In countless foreclosure proceedings, when a borrower raises legitimate challenges to chain of title, derecognition, or fraudulent...

The Lehman Collapse and the Myth of the Mortgage Loan Asset: A Deep Dive for Homeowners and Litigants

Introduction Since 2008, the foreclosure crisis has produced a flood of litigation, settlements, and administrative rulemakings. But one of the most telling omissions in the narrative is this: where are the assets? Specifically, if securitized mortgage loans were real, enforceable assets, why didn’t...