MERS HISTORY — AFTER THE FIRST MILLION IN 1999

Posted on November 10, 2010 by Neil Garfield

http://www.scribd.com/doc/41622394/MERS-Tracking-Loans-Electronical-the-history-as-written-in-1999-with-MERS-THE-FIRST-1-MILLION-SOLD-REALTIME-AT-THAT-TIME

HISTORY OF MERS AFTER 1 MILLION LOANS DONE.

http://www.scribd.com/doc/41624268/Agnon-Do-did-Explained

GOOD OUTLINE WITH THE NOTE, WARRANTY DEED, AND SECURITY INTEREST.

Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud |

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9 Responses

  1. lucy, on November 10, 2010 at 6:46 pm said:

    Fun With CDOs…Findsen Law
    Posted on November 10, 2010 by Foreclosureblues
    Fun With CDOs–Contradiction in Terms?
    Today, November 10, 2010, 2 hours ago | findsenlawGo to full article

    This brings new meaning to the term “global community.” It’s a pandemic of complex structured finance instruments!

    Circular CDOs: Contagion in the Financial Industry

    The recent financial meltdown had many culprits. To make matters worse many of the investment banks bought and sold suspect mortgage securities with each other. The cross-ownership of securities, based on failing mortgages, increased the speed and the breadth of the collapse.

    We obtained CDO cross-ownership data from this ProPublica page: Interactive: CDOs’ Interlocking Ownership. By putting this data into our network analysis program, InFlow, we performed additional diagnostics. ProPublica focuses on CDO: Tabs 2007-7 because it has the most cross-ownership links. We know, from 20+ years of doing network analysis, that the number of links a node has may not matter — it is where those links lead that matters! After all, the golden rule of networks is “Location, Location, Location” and not “quantity, quantity, quantity.” Applying contagion principles, we learned while working with the Centers for Disease Control [CDC], it is revealed that the following CDOs are much more likely to infect the rest of the network if they contain failed securities: GSCABS CDO 2006-2 MLTD or West Trade Funding CDO I.

    (note at the link the “fit to screen” and “zoom” features)

    http://orgnet.com/cdo.html

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  2. Concerned, on November 10, 2010 at 5:10 pm said:

    Look at who was advising Bush.

  5. lucy, on November 10, 2010 at 2:08 pm said:

    Bush On TARP: I Couldn’t Have Lived With Myself If Country Suffered Second Depression

    First Posted: 11- 9-10 01:51 PM | Updated: 11- 9-10 02:25 PM
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    Read More: Bush Nbc Matt Lauer, Bush Rush Limbaugh, Bush Tarp, Bush Troubled Assett Relief Program, George W Bush, Politics News
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    WASHINGTON — The conventional wisdom, at least in some parts of the political press, held that President George W. Bush did the Democrats a disservice by not launching his book tour before the 2010 elections. The thought process being that a reminder of the follies of his administration would have caused series headaches for the Republican Party, which was pledging that they had moved beyond the Bush years.

    On at least one policy front, however, it seems likely that the Obama White House would have welcomed Bush’s presence in the national political conversation. For the second time in as many days promoting his book “Decision Points,” Bush offered a hearty defense of the Troubled Asset Relief Program, which was initiated under his watch to save failing banks but was used to tar Democrats in the 2010 elections.

    “If you are the pres you don’t have time to gamble and I didn’t like using taxpayers money to bail out the people who got us in trouble. I didn’t like it at all. But when you are president you are faced with stark choices and I couldn’t have lived with myself had the country gone into a deep depression,” Bush said, during a radio interview with conservative host Rush Limbaugh. “People’s lives would have been affected, people thrown out of work. There are a lot of people not in work today and all of us are concerned about that. But the situation could have been a lot worse.”

    Would he do it again? “Yeah, I would’ve,” he said.

    A good chunk of the country, it’s now known, mistakenly believes that Obama was the one who initiated the TARP in part because it fits in a common, preconceived narrative that government intervention into the economy is Democratic philosophy. Bush was asked about the misconception during a sit down interview with NBC’s Matt Lauer and, as with Limbaugh, was upfront about the reality.

    “Fifty percent of the people were wrong ’cause it happened on my watch,” he said.
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    Such bluntness would have been a welcome relief for the current White House and others in the Democratic Party, which took a heap of blame from the Tea Party crowd for rescuing the financial sector in the fall of 2008. Obama did oversee the second part of TARP but a reminder of the program’s ties to Bush and its support by a good chunk of the GOP could have disarmed a bit of the voter anger that was exhibited last week.

    “They do hate it. I can understand that,” Bush told Lauer. “Look, the idea of spending taxpayers’ money to give to Wall Street and the banks to save them… a lot of people think they created the crisis in the first place and so I can understand the angst. But in my case, I wasn’t worried about angst, personal angst or contradiction. I was worried about the economy goin’ down. And I believe TARP saved the economy.”

  6. Zoe, on November 10, 2010 at 1:14 pm said:

    I recently got notice of foreclosure, and I need someone to explain something about MERS. Specifically, I would like to know how MERS is named as co-defendant with me. How can MERS assign to BoA and then BoA/BAC Home Loan Servicing and Countrywide Home Loans Servicing sue MERS, the entity who “presumably” executed the assignment to them? Isn’t this some kind of conflict of interest?

  7. BRIAN DAVIES, on November 10, 2010 at 1:04 pm said:

    http://www.scribd.com/doc/41932279/National-Mortgage-News-Ties-to-Insurers-Could-Land-Mortgage-Servicers-in-More-Trouble

    Evidence of abuses and self-dealing in the force-placed insurance industry suggests that there may be far larger problems in how servicers are handling distressed loans than the sloppy document recording that has been the recent focus of industry woes.

    Behind banks’ servicing insurance practices lie conflicts of interest that align servicers and their insurer partners against borrowers and investors. Bank of America Corp. owns a force-placed insurance subsidiary, and most other major servicers receive commissions or reinsurance fees on the very same policies they purchase on investors’ and borrowers’ behalf.

  9. BRIAN DAVIES, on November 10, 2010 at 12:35 pm said:

    http://www.scribd.com/doc/41926402/Curriculum-Vitae-Larry-c-Liebscher-Forensic-Examiner-of-Writing

    I TALKED WITH LARRY LIEBSCHER. HE IS VERY KNSWLEDGABLE. II WILL HAVE A PRICING LIST TODAY.

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