The politics of the night belonged to Charles Ferguson, who won the Oscar for Best Documentary for Inside Job. He said at the end of his acceptance speech: Forgive me, I must start by pointing out that three years after a horrific financial crisis caused by massive fraud, not a single financial executive has gone […]
Bankers Apoplectic Over Arizona’s Republican Dominated Senate Passing Chain of Title Bill 28-2
Arizona Bill Would Void Foreclosures Without Full Title History by Prashant Gopal. Full article here, but I’m going to post a snippet. Arizona may become the first state to require lenders to prove they have the right to foreclose by providing a complete list of any previous owners of the mortgage, under a bill passed […]
Name District Party Email Room Phone (602) Fax (602) Paula Aboud Minority Whip 28 D firstname.lastname@example.org 314 926-5262 926-3429 Sylvia Allen President Pro Tempore 5 R email@example.com 310 926-5219 417-3251 Frank Antenori 30 R firstname.lastname@example.org 304 926-5683 417-3269 Nancy Barto 7 R email@example.com 303A 926-5766 417-3261 Andy Biggs 22 R firstname.lastname@example.org 200 926-4371 417-3022 Scott […]
Contact your Senator now!! The coverage will be live online and on cox cable channel 123. Lobbyists were crawling all over the building yesterday.
2011-Foreclosure Legislation by State – I guess new legislation is popping up like mushrooms in the state legislatures. The following link is a round up: http://www.ncsl.org/?tabid=22116 I like New York: A.B. 629 S.B. 697 Provides that only the owner and holder of a mortgage and note, or its agent, shall have standing to commence a mortgage […]
The bill passed through the Senate Republican caucus yesterday. MERS has reportedly retained Tri-Advocates, via Squire Sanders law firm (thought they used Quarles Brady law firm in Arizona?) to kill our bill, SB 1259, on Monday. Why are they so afraid of truth telling? A foreclosing party should be legally authorized. It should be easy to […]
This newest Matt Taibbi article makes me so mad that I can’t even talk. Just when you think you could not become more cynical, you read something that makes you feel like you were practically a Pollyanna before… Why Isn’t Wall Street in Jail?
A great new case is out as of Feb. 10, 2011. This judge analyzes all of the MERS arguments, incuding the Membership Rules, the Hultman and RK Arnold affidavits, and the agency and nominee arguments, and holds that MERS does not have the authority it claims. Excerpts below. Full case NY BK In re Agard […]