Comments on: Judge Voids Mortgage Due to Bank’s “Bad Faith”

By: angmanny

angmanny — Sat, 28 Nov 2009 20:13:58 +0000

GOOG JOB JUDGE SPINNER!!

Some thing started as a program to help low middle class get housing exploded into a massive crimminal enterprise to rob and defraud without penalty backed up those like jp morgan ,the innocent people were sold a bill of goods they didnt need and could not afford the mortage brokers chased the couple relentlesly to get their dividend [cut or percentage ]on a scam they[mortage brokers ] would never be held responsable for some as high as 20%,judge Spinner should have the suffolfk district attornerys office look into fraudulent documentation, it is nearly certain that Yano-Horoski possibly should have never got the mortage in the first place,where are you on this suffolk county DA??? suffolk da office is only interested in headline grabbing and personal profit sharing glory and self aggrandizement

By: hue

hue — Thu, 26 Nov 2009 16:04:13 +0000

bergsten must not understand that part of law school involved learning a new English that non lawyers don’t understand, hence you have to hire lawyers to get all the laws they write.

By: FT.com | Money Supply | Economic news digest

FT.com | Money Supply | Economic news digest — Thu, 26 Nov 2009 13:52:34 +0000

[...] a Judge in the US has voided the balance of a mortgage loan because of the lies and bullying tactics of the lenders to take possession of the property. Someone [...]

By: Spitzer

Spitzer — Thu, 26 Nov 2009 11:03:45 +0000

@Chuck Ponzi
«(…)Money’s gotta come from somewhere.»

No it doesn’t.

Money has not got to come.. that’s what the judge said: the bank no longer «has money coming».

The fact is that companies in general and banks and insurance companies in particular ABUSE the legal system, over-emphasize formatilies and abuse their better knowledge of the legal system in order to blackmail honest reasonable citizens: «either you pay whatever I ask for or we go to court and we have more lawyers than you ever can». That sort of attitude is unreasonable in itseklf and it is a good idea that judges commit more to the essence of whatever happened than to formalisms and corporate manipulation.

Chuck, read the article properly: this has nothing to do with taxes. Get a grip.

By: Darkness

Darkness — Thu, 26 Nov 2009 06:16:42 +0000

erikvonstronhiem: Yours sounds like a fine plan, but I’d bill them to get back the three payments they say you didn’t make but did. I mean, if you are going to default, you should get to do it properly, with the cash redirected from the mortgage payments.

By: Darkness

Darkness — Thu, 26 Nov 2009 06:06:56 +0000

Chuck Ponzi Says: Money’s gotta come from somewhere.

It already has. You could also view it as moving some bailout money out of the CEOs pocket.

By: bergsten

bergsten — Thu, 26 Nov 2009 00:34:35 +0000

A pair of Turkey Day gifts (especially for those quants still roaming free):
http://www.abstrusegoose.com
http://www.spikedmath.com
Happy T-day to all, and to all a good night!

By: CNBC Sucks

CNBC Sucks — Thu, 26 Nov 2009 00:29:41 +0000

I have seen Ritholtz’s other blog before. I didn’t think too much about it. I don’t find Ritholtz having a secret blog so weird as his obsession with calling everything “the big picture”.

Happy TG to all. Get me many, many FF points, my boys (CJ, Peyton, Fitz, The Crab, Barbarian, THT, Olsen, Chargers D, Longwell), and I will all see you again soon. Be cool. Peace out, homies.

By: Wes Schott

Wes Schott — Thu, 26 Nov 2009 00:14:14 +0000

“g”

By: Wes Schott

Wes Schott — Thu, 26 Nov 2009 00:13:35 +0000

@bersten-

wtf, that’s wierd – the secret blog, that is

yeah, it is also strange when a comment gets hijacked and reinserted later

at the original time…