Court Rules On Illegal Foreclosure Process For Bank Mortgages

January 10, 2011 · Filed Under Main Page, Money and Banks, Mortgage Debt · Comment 

By Kalinda Rose Stevenson, Ph.D.

Unlawful Foreclosure Process

The law matters. That is the fundamental point of the landmark decision by the Massachusetts Supreme Judicial Court concerning unlawful foreclosures by two of the nation’s largest banks. This is one more decision about how an illegal foreclosure process continues to wreak havoc on the economy and on the lives of millions of property owners who have lost property in foreclosures to banks that had no illegal right to foreclose. Read more

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A Ruling Against Bank Foreclosures Reveals A Dirty Secret Bankers Don’t Want Real Estate Owners To Know

January 7, 2011 · Filed Under Main Page, Money and Banks, Mortgage Debt · 1 Comment 

By Kalinda Rose Stevenson, Ph.D.

The true story about bank mortgages is that many of the mortgage foreclosure actions taken by banks have been illegal, for the simple reason that the banks were not the holders of the mortgages at the time of foreclosure.

The Supreme Judicial Court of Massachusetts issued a unanimous decision about two cases, which reveals the dirty secret that millions of home owners are losing property in foreclosures by banks that have no legal right to foreclose.

“Wells Fargo and U.S. Bancorp lacked authority to foreclose after having “failed to make the required showing that they were the holders of the mortgages at the time of foreclosure,” Justice Ralph Gants wrote for the Massachusetts court” (Banks lose important ruling on foreclosures).

If you are a real estate owner facing foreclosure, this ruling is one more reason to challenge the right of the bank to foreclose. 

Find out why you have more options than losing your property to illegal mortgage foreclosures at Mortgage Debt Reset.

[post cross-published on No Money Limits]

For Your Financial Success

Dr. Kalinda Rose Stevenson

The Story Transformer 

Creator of “The Story Transformation Process”

 

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Facing Foreclosure – Do You Want Mortgage Relief?

By Jim Stevenson

Are you currently facing foreclosure and looking for mortgage relief?

If you have already received a Notice of Default (NOD) or are in danger of receiving one, then you may be feeling trapped in your current situation. 

But There’s Hope for Your Underwater Mortgage

If you owe more than your home is worth, then you have an underwater mortgage. But you’re not alone. In the March 27, 2010 Washington Times article Obama foreclosure plan gives payment break to jobless “More than 15 million homeowners fall into this category, according to Moody’s Analytics.” Read more

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Mortgage Relief For Underwater Mortgage Debt – Do You Qualify

By Jim Stevenson

Are you looking for home mortgage relief from underwater mortgage debt?

Well, you’re not alone. Today many people find themselves in a position where they would like to stay in their home but they can’t afford their current mortgage payments. Read more

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Feeling Abundantly Alive Now

November 22, 2010 · Filed Under Money Abundance and Prosperity · Comment 

By Kalinda Rose Stevenson 

If Not Now, When?

When are you going to feel abundantly alive? Will it be when you are debt free? Or when you reach a certain annual income? $50,000? $100,000? $250,000? $100,000,000? When your investment account reaches $5,000,000?

The most critical word in “abundantly alive now!” is “now.” Right now. Not next week, not next year, not when your debts are paid. Not when you reach some predetermined income level. Not when your portfolio reaches some set number. The time to feel abundantly alive is right now. Read more

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Is Gambling A Good Way To Make Money Fast?

November 4, 2010 · Filed Under Main Page, Money What Is It? · Comment 

By Kalinda Rose Stevenson

Gambling To Make Money Fast

Gambling is a way to get money fast. The question is, does gambling really teach you what you need to know about how to make money?

See the complete post,  Is Gambling A Good Way To Make Money Fast? , on  No Money Limits

For Your No Money Limits Life,

Kalinda Rose Stevenson, Ph.D.

The fastest way to learn how to make money is to understand the difference between making money and other methods to get money.  Find out the difference in the Best Books Award winner, No Money Limits For Real Estate Investors: Discover The Money-Making Secret In The Real Estate Game That Transforms Your Money Struggles Into Financial Abundance.  It’s not just for real estate investors, but for anyone who wants to understand what money really is and how to make money.

 

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Banks’ Self-Dealing Super-Charged Financial Crisis

August 28, 2010 · Filed Under Main Page, Money and Banks · Comment 

by Jake Bernstein and Jesse Eisinger ProPublica, Aug. 26, 10:09 p.m.

Over the last two years of the housing bubble, Wall Street bankers perpetrated one of the greatest episodes of self-dealing in financial history.

Faced with increasing difficulty in selling the mortgage-backed securities that had been among their most lucrative products, the banks hit on a solution that preserved their quarterly earnings and huge bonuses:

They created fake demand. Read more

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Make Money Formula: Entrepreneurs…Do You Know The One Essential Ingredient The Bankers Left Out?

November 6, 2009 · Filed Under Main Page, Money and Banks · Comment 


The “make money” formula is really very simple, yet some of the biggest banks in the world got it wrong because they left out one essential ingredient.

What is the formula and what essential element did the failed and bailed out banks leave out? Read more

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Financial Crisis Silver Lining: The Money-Making Mindset Entrepreneurs Can Learn From Bankers

November 5, 2009 · Filed Under Main Page, Money and Banks · Comment 

The global financial crisis has a money-making silver lining for entrepreneurs.

The idea of a “silver lining” comes from the old proverb, “Every cloud has a silver lining.” The proverb looks for some unexpected good outcome following some bad event.

For many entrepreneurs, business owners, real estate investors, and wage earners, the financial crisis is all too real, leaving millions with devastating losses.

What is the silver lining in all of this? Read more

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Banking Crisis: Why The Banks Went Broke Making Money From Mortgage Loans

October 27, 2009 · Filed Under Main Page, Money and Banks · Comment 


The banking crisis raises many questions.

Do you wonder how banks that claimed to hold billions of dollars in real estate mortgage assets could go broke?

And most importantly, how did a banking crisis involving mortgages turn into a global financial crisis that affects all of us? Read more

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