How many times can you lick a Toosie-Pop until you get to the center?
This is so unbelievable lol. Major blowback from the shit hitting the fan I'd say.
It would seem, that Bank of America needs some documentation from Freddie Mac and Freddie Mac ain't giving it up, even though they've given it up 4 other times before for a different matter
Their reasoning is:
1)It would cost 10 million dollars to do so and it would be on the taxpayers tab.......like now their worried! lol
2)Confidential disclosure problems.
But the courts response was 'For attorney's eyes only".. get er done
The court has said 3 times to give it up.
Freddie has not complied.
And seemingly refusing to do so.
Something tells me there are forged documents in those other 4 cases that Freddie did give documentation to.
Did they charge the taxpayer the 40 million for forgery?
Because I'm pretty sure we could have gotten it cheaper off the street.
And as long-time foreclosure investigator Nye Lavalle writes:
On thousands of occasions I stated to regulators, CEOS, banks, Fannie and Freddie that the practices of the banks were that they were double and multi-pledging assets and pledging paid off and refinance notes to securitizations. This is something April, Max and I have discussed for years now. Now, they come and admit that each of my allegations were true Without analyzing the deal, as complex as they are, you WILL NEVER KNOW IF THE FORECLOSING PARTY HAS “ANY” RIGHT TO FORECLOSE!!!
The motives I identified for the “Blank Endorsements” and missing assignments and "pre-notarized" “Blank Assignments” and “Blank Allonges” that “were placed into the “custodial/collateral” files were to be able to:
Multi-pledge collateral (Notes) so as to cook the books ....
http://www.washingtonsblog.com/
