Monthly Archives: December 2009

Bankers Get $4 Trillion Gift From Barney Frank


Hey Barney I wish I could tell you my thoughts, but I will just sum them up in one word, YOU are despicable. Bankers Get $4 Trillion Gift From Barney Frank: David Reilly | A A A Commentary by David … Continue reading

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my continued rant


Additionally consider my continued rant; I do these rants free hand, check out this link while you are here http://www.slate.com/id/2239555/, or you can see the article on my blog all the same https://mariokenny.wordpress.com/2009/12/25/if-billionaires-dont-feel-guilty-about-walking-away-from-their-debts-should-homeowners/. I fail to see or understand why, … Continue reading

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If billionaires don’t feel guilty about walking away from their debts, should homeowners?


Daniel Gross Default Nation If billionaires don’t feel guilty about walking away from their debts, should homeowners? Dec 21, 2009 Share: • Email the Author • More by the Author Strategic defaults—the phenomenon of people who could continue to make … Continue reading

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Mall defaults on $210 million loan


December 22, 2009 2:38 PM Mall defaults on $210 million loan By ERIC CARPENTER THE ORANGE COUNTY REGISTER COMMENTS 34 | RECOMMEND 4 | PRINT | EMAIL | SHARE ARTICLE GRAPHICS ANAHEIM – Developers of The Shops at Anaheim GardenWalk, … Continue reading

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Luxury homeowners default at twice US rate


Luxury homeowners default at twice US rate Homeowners with mortgages of more than $1 million are defaulting at almost twice the U.S. rate and some are turning to short sales to unload properties as stock-market losses and pay cuts squeeze … Continue reading

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About Timothy McCandless Esq.


If I were a homeowner in CA this man would be my lawyer, I love his style, he has the teeth I like the best in a lawyer, this is the man, in my opinion. overwhelmed by the onslaught of … Continue reading

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A repost by Mario Kenny, Mortgage Chaos? Add a Bankruptcy and its a Recipe for Disaster! Part II


from http://timothymccandless.wordpress.com/2009/12/20/mortgage-chaos-add-a-bankruptcy-and-its-a-recipe-for-disaster-part-ii/ Mortgage Chaos? Add a Bankruptcy and its a Recipe for Disaster! Part II 20 12 2009 My last article laid out the framework for the bankruptcy real estate cocktail. This article will attempt to predict how that cocktail … Continue reading

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Insurers’ Claim Rejections Multiplying Lenders’ Pain


As I understand this news is that all subprime loans with NINJA elements are being refused and are rescinded, well this could help the banks to not bother to foreclose, in my opinion. I have always wondered how and what … Continue reading

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Is FPL or your utility over-billing you for services?


From http://www.complaintboard.com I completely understand how you feel. You need to stand up and email the governor, Charlie.Crist@MyFlorida.com and send a complaint to the better business bureau at bbb.org I am tired of FPL being able to take advantage because … Continue reading

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Florida Foreclosure Rescue Conveyances With Buyback Right To Be Treated As Equitable Mortgages Unless Established Otherwise and Mario Kenny


This is a companion blog to The Home Equity Theft Reporter, at http://HomeEquityTheft.blogspot.com. Monday, May 5, 2008 The Florida legislature recently passed a statute regulating foreclosure rescue transactions. One key provision is contained in Florida Statute Sec. 501.1377(6) which creates … Continue reading

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Fattah’s Emergency Mortgage Assistance Plan for the Jobless Moves Close to House Passage


This is really a bank bailout. I guess it would be too much to ask that the lenders be forced to accept a cram down as part of the deal. What about resets – especially from teaser rates (if that … Continue reading

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Two men were charged today with multiple felony counts in connection with the beating and torture of a pair of loan modification agents, the District Attorney’s Office announced.


October 26, 2009 FOR IMMEDIATE RELEASE Contacts: Joe Scott, Director of Communications Sandi Gibbons, Public Information Officer Jane Robison, News Secretary Shiara Dávila-Morales, Assistant PIO (213) 974-3525 ——————————————————————————– GLENDALE – Two men were charged today with multiple felony counts in … Continue reading

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Dubai (aka Debt-Bai) real estate wipeout kicks off Stage 2 of the global depression


I think its time to announce that CITI will go bankrupt soon. I really want to put a proof of claim in on this monster, in the BK court and I want to chair the creditors committee too, I need … Continue reading

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Can Citigroup Carry Its Own Weight?


We all know that CITI may have to be allowed to be put to sleep, they have been bailed out so many times, if and when this tree falls I will be the first to axe out what ever branch … Continue reading

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Citigroup Sells Mortgage Rights to Wilbur Ross Unit (Update2)


Citigroup Sells Mortgage Rights to Wilbur Ross Unit (Update2) Share Business ExchangeTwitterFacebook| Email | Print | A A A By Josh Fineman and Bradley Keoun Feb. 5 (Bloomberg) — Citigroup Inc., the U.S. bank that’s shedding businesses after last year’s … Continue reading

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The $700 Billion Man


I lived in that area 20 years ago, it is a beautiful cold place. The $700 Billion Man Former Treasury Department official Neel Kashkari helped create the TARP program, and then he escaped from Washington. Why Do I Have to … Continue reading

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