Tila Solutions

Ambac Assurance Corp. has sued Bank of America in New York, claiming fraudulent inducement and breach of contract in regards to their securitized mortgages.  Before the financial crisis reached its fever pitch, Ambac Assurance was the second largest bond insurer, with guarantees on around $256 billion on insured municipal debt.  They claim that the mortgages …

Lan Pham, a former economist for the Congressional Budget Office is continuing to question if the agency diminished or denied the issue of how widespread foreclosure fraud, mortgage fraud and problems with mortgage securitization is.  Pham worked for the Congressional Budget Office for a mere 2 and a half months before being fired in December …

Recently, when it was announced that the US Attorney General and the Attorneys General of 49 states reached a $26 billion foreclosure settlement with the nation’s largest predatory lenders – Bank of America, Ally Financial (formerly GMAC), Wells Fargo, Citigroup and JP Morgan Chase – many people thought that that was it, and now all …

Lynn Szymoniak was an angry homeowner who was facing the impending foreclosure of her home.  While she was fighting to save her home, she discovered that the nation’s largest mortgage companies, well known lenders such as Wells Fargo, Bank of America, Citigroup, and JP Morgan Chase, were committing fraud using robo-signing techniques.  She was able …

For years, banks have been taking advantage of homeowners and pushing through a large number of wrongful and fraudulent foreclosures on homeowners who didn’t realize that they were the victims of widespread errors that bank managers would turn a blind eye to in order to increase the profits of predatory lenders.  In a lot of …

Since the AG Settlement was announced on February 10, 2012, the nation has been abuzz with predictions, concerns, scorns and scoffs. Is it any wonder? Not really. Homeowners are still going to try to get modifications from banks who won’t give them the mod based on some ridiculous reason. Investors will still stand by and …

  Do you have the best audit for your legal needs? Is it comprehensive and complete? Can it stand up in court?   There are many companies out there that will sell you a securitization audit for a few hundred bucks and claim it will solve your troubles. Yah, it won’t.  It isn’t even a …

Prior to the collapse of the housing market, not many people had heard of a securitization audit, and even today not many people are familiar with the term securitization.  Securitization is an important term to understand though, because if you are facing foreclosure or have been the victim of a predatory lender, a securitization audit …

The greed of banks has practically wiped out land ownership as we know it, and Congress has even admitted as much.  Yet, it remains up to the individual homeowner to take a stand if they want to keep their property and stop foreclosure on their home.  The securitization audit is the first step in taking …

By Jaime Stadler It isn’t so hard to understand why Securitization Audits become so important when you start to research the whole area of Securitization of your mortgage which turned it into one of millions of Mortgage Backed Securities. I was recently reading information out of the trust that was set up for a number …