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We Have To Face The Truth.

One more time. I am going to post four more stories about people who are losing their homes or spending extra money on their mortgages because the servicers and lenders are not following existing TILA...

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GMAC: Wants You and I to Help Them Screw You and Me Some More

I have written a series of diaries on predatory lending. Few people seem to be a aware that GMAC owns a subsidiary called Homecomings Financial. Homecomings Financial is one of the most notorious and...

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The Silence On Mortgage And Accounting Fraud: Deafening.

I just finished the rounds of watching Sunday morning pundit t.v. Again, one republican after another bashed homeowners in needs of stimulus help, and not one word was said about mortgage and...

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Stop 'vilifying' executives, JPMorgan's crybaby CEO pleads

Up front disclaimer, I am suing WaMu and their successor, JPMorgan. You can read the saga here and here. While my battle with them doesn't change the facts here, it does serve to explain my rage. “When...

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Banks-diary a day til we fire up the Quattro (poll)

Up front disclaimer, I am suing WaMu and their successor, JPMorgan. You can read the saga here and here. While my battle with them doesn't change the facts here, it does serve to explain my rage. On...

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A diary a day - populist anger

I was watching Morning Joe, I know, I know. But it interesting to see the process if you know what I mean. Willy was talking about AIG and "populist anger." Aside from the fact I think using the...

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A Diary A Day-Housing Starts Up-The Slumming of America Begins

Much to everyone's surprise housing starts were up in February. Unfotunately the increase was for multi-family dwellings no doubt preparing to house all those on the street from foreclosures. The...

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A Diary A Day - The losers are winning and it isn't us

Well, well, well it seems Ben Bernanke is at it again, joined by ex-treasury guy from Goldman Sachs, Andrew Tilton. You might have already guessed they are finding ways to take OUR money. Their remarks...

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A Diary A Day- Get this math - It's VEGAS BABY!!!!

In researching my Sunday diary I ran across some interesting facts and figures I thought I would share with you. Grab a pencil and paper, your pocket calculator and pop some pop corn because this is...

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A Diary A Day - a Humongous Healthy Heaping Helping of FRAUD

Yesterday I diaried about my understanding of how the meltdown happened, here. But there is part of the diary worthy of a diary on it's own. The very important part played by Wall Street's three...

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A Diary A Day-7 million homes lost-5 million more could follow

I tried this diary on Tuesday and pissed a lot of people off, not my intention.  I am trying again because this is really important and I promise to take the time and choose my words carefully. There...

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A Diary A Day - Let's Name Names at that crap table

I have been asked some interesting questions in my series A Diary A Day. Like is it possible a single home mortgage is represented in multiple bundles, or has triggered multiple insurance payments. Let...

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Kiss Your Property Rights Goodbye FED Gutting Predatory Lending TILA

Wow, there sure as hell is a whole lot of wheeling and dealing going on behind our backs that we probably should be paying more attention to, such as the fact that the Federal Reserve (Wall Street's...

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