By Dave Krieger When you first glance at page 1 of this House Bill, initiated by Ohio Congresswoman Marcy Kaptor, it’s almost as if you’d think, “Yes, there is a God!” However, the “Transparency and Security in Mortgage Registration Act”, while nailing MERS in regards to prohibiting Fannie Mae, Freddie Mac and Ginnie Mae from […]
NEW QUIET TITLE SUIT FILED IN MARICOPA COUNTY, AZ ON THE HEELS OF A QUIET TITLE ACTION THAT WAS REMANDED BACK TO SUPERIOR COURT IN PHOENIX
By Dave Krieger The case is Easton v. Bosco et al with a case number of CV2010-054748; filed four days after U.S. District Court Judge Mark E. Aspey remanded a quiet title action back to the State Superior Court for Maricopa County, previously removed by Defendants First Horizon Home Loan Corporation and others to federal […]
By Dave Krieger It was a telephone conference you would have just died to be on. It appears that county recorders are starting to take notice of the losses in revenue with MERS’s circumvention of their recordation systems. By best conservative projections out of this conference, John O’Brien, Essex County Massachusetts Register of Deeds head […]
By Dave Krieger The title insurance companies have shifted the blame … to the lenders. What did you expect? Just visit the county courthouse and examine the records of a given homeowner who has a MERS mortgage or deed of trust and you’ll still find problems in the chain of title. On October 1, 2010, […]
By Dave Krieger Not time for the “I told you so speech” … but the tell-tale signs that the title companies are starting to get nervous about insuring distressed properties is now starting to manifest itself. A Realtor for Keller-Williams in Kansas City had a $600,000 short sale cash buyer all ready to go. The […]
Watch Dave Krieger on KVUEDave Krieger appears on KVUE’s Midday newscast Consumervue segment. Krieger speaks directly to homeowners who may be facing foreclosure through no fault of their own and the uncertain future our country faces as the plot “foreclosure mess” thickens. He reveals the motivation behind the book Clouded Titles and describes his personal […]
SPIN DOCTORS, SOOTHSAYERS … AND IS BANK OF AMERICA SOON TO BE “BK” OF AMERICA … AS IN CHAPTER 11 … AND WHAT THAT MEANS FOR YOU!
By Dave Krieger The spin cycles are in motion and we haven’t even done the laundry yet. Reports are out that not only did Bank of America post third-quarter losses of $7.65-billion; the soothsayers are countering with “exposure scenarios”, showing $50-billion worth of risk (representing only 3% of the $2.1-trillion total) as good enough reason […]
By Dave Krieger Stewart Title has erred on the side of caution in its stance against issuing title policies on foreclosed properties due to the “robosignor snafu” that may have effectively clouded those titles. Stewart joins Old Republic Title in its effort to “stop the bleeding” via limiting its exposure to claims by denying Ally […]
STATE OF WASHINGTON JOINS THE FIGHT AGAINST ROBO-SIGNORS! MERS FEEBLE ATTEMPT AT CREDIBILITY DEFEATED BY JPMORGAN CHASE!
By Dave Krieger It’s news that’s almost too good to be true for not only borrowers but also for 49 states attorneys general that have banded together to attack lenders for violation of state laws with the recording of documents that were improperly notarized and attested to by robo-signors, something I cover heavily in the […]
By Dave Krieger It never ceases to amaze me exactly what a company will do to make a lender look noteworthy. And by that I mean exactly what I say when I refer to the Florida Attorney General’s investigation into Lender Processing Service (LPS) aka DOCX’s apparent “manufacturing” of documents use to “prove” that a […]