Where There’s Smoke, There’s Fire. A New Fact Pattern Is Developing.

I’m beginning to see a disturbing trend in a number of cases that I am investigating. Internal accounting data on my client’s loans, which is being reported by the master servicers for the securitized trusts, is telling the investors that the loan/debt has received a “principal...

Once Again, Reasoning For The Rule Of Law Comes In The Form Of Dissent

This opinion was just issued 3-days ago. The majority, as we see all too often, have opted to ignore the rule of law by accepting evidence without any proper foundation or testimony. Fortunately, there are still a few Justices willing to speak out against such rulings. citmortgage v. sconyers   2014 IL...

JPMorgan Chase v. Porzio, et al. – Here’s A Court That Understands “Issues of Fact.”

“Washington Mutual Bank, F.A.” ceased to exist after April 4, 2005? Hmmmmm….That’s an issue of fact. No date on that blank “Cynthia Riley” endorsement? Hmmmmm….That’s an issue of fact. No specific schedule of assets tied to the PAA, no specific closing date on...

If WaMu Admits To Destroying The Chain Of Title, How Can Chase Retroactively Correct?

A common fact pattern I see when investigating loans that were alleged to have been securitized by Washington Mutual Bank, is that the WaMu entities admit to the investors that the chain of title was deliberately going to be destroyed, and that the perfection of the trust’s interests in the Notes and...

Common Sense Is Common Sense, Even When It’s The Minority Who See It That Way

We need more Judges like Rubin, J. Here is his dissenting opinion: IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA SECOND APPELLATE DISTRICT DIVISION EIGHT JEFFRY PENG et al., Plaintiffs and Appellants, v. CHASE HOME FINANCE LLC et al., Defendants and Respondents. APPEAL from a judgment of the Superior...