WaMu’s securitized mortgages were “legally isolated” and out of the reach of the FDIC’s Receivership. Hence, “Nemo dat quod non habet” (One cannot give what one does not have).

If any doubt remains as to whether the FDIC Receiver ever obtained beneficial rights to any mortgage loan securitized by Washington Mutual Bank, you need to look no further than the FDIC’s own clarification on the subject within its “Rules & Regulations.” First as an example, let us review the...

Is Lorraine Brown’s “Six-Year Scheme” Of “Mail & Wire Fraud” Still Running?

By now, everyone has heard the story about DocX / LPS and the indictment of Lorraine Brown who plead guilty to Mail & Wire Fraud under 18 U.S.C. 1343 for “preparing and filing more than 1 million fraudulently signed and notarized mortgage-related documents with property recorders’ offices throughout...

New Technology Could Debunk So-Called “Original Notes”

Introducing “The Diple Microscope” : https://www.indiegogo.com/projects/diple-the-powerful-microscope-for-any-smartphone?utm_source=facebook&utm_medium=cpc&utm_campaign=crowdfunding_remarketing#/   We live in a renaissance age of technology with advancements moving at light-speed. ...

Foreclosure Attorney Resorts To “Google” To Find His Non-Existent Client

Message To All Foreclosure Bank Lawyers: If you need help finding your fake, non-legally existent clients, I’m for hire.   The Wizard Of Oz has now officially been exposed. In this case, when the attorney representing the foreclosing parties is faced with counterclaims for fraud, he attempts to...

Layers Of Contracts Tied To Your Mortgage Equals Hidden Fees

The link below and excerpts are from  Ocwen Financial’s 10-K SEC filing for fiscal year 2012. Here, Ocwen provides in its “Risk Factors” a detailed explanation of how it handles borrower “delinquencies” as a servicer. It’s no surprise that servicers continue to advance...

NY Appellate Court Orders Stay Of Foreclosure Sale Based On New Evidence – WaMu Note Endorsements by “Cynthia Riley” Now Front And Center

  I often tell clients that retaining my services after a lower court judgment has been issued makes it extremely difficult, if not nearly impossible, to have my findings and evidence reviewed by any appellate court. But never say “never.”   The attached Appellate brief was submitted...