Tag Archives: Securitization

Certified Securitization Analysis, LLC Provides Homeowners Experiencing Wrongful Foreclosures Ideas on How to Protect Them selves

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San Francisco, California (PRWEB) February 28, 2012

Certified Securitization Analysis, LLC, In accordance to the modern govt settlement, a $ 2,000 payment will be created to borrowers in reaction to the banks fraudulent robo-signing techniques. Regrettably, the introduced settlement is too tiny and too late for most debtors facing foreclosure. Property owners are remaining with little option besides to pursue a civil scenario towards fraudulent mortgage loan securitization procedures. Accredited Securitization Analysis, LLC has been conducting hundreds of home loan securitization audits to support debtors going through imminent foreclosures. Beneath is a quick overview of house loan securitization as nicely as business ideal methods suggestions for the borrower to shield by themselves although dealing with predatory creditors wrongful foreclosure methods.

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What is Home loan Securitization? A Quick History

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Recent U.S. mortgage debt stands at $ 14 trillion. Most mortgages in the U.S. are securitized and owned by trusts and are frequently referred to as RMBS or MBS trusts, standing for household home loan-backed securities. The trusts are made up of a pool of mortgages (frequently increased than five,000 mortgages per have faith in). The loans are usually sub-key financial loans. Specific mortgages had been packaged into MBS Trusts these MBS trusts ended up pooled, sliced and bought. The house loan loans in every single pool, or MBS Have faith in, consist of each 1st and second lien home loans, both mounted-charge and adjustable price financial loans. There are distinct lessons inside of every pool of financial loans, symbolizing distinct attributes of loans. It is not uncommon for each and every pool to have as many as twenty different classes. Bonds are issued to investors to represent the buy, so traders are typically known as bond holders. The loans are picked for every single pool by a distinct date, usually named the closing date of the have faith in. While a have faith in could substitute financial loans into the pool right after the closing day, there are strict guidelines on such substitutions. The pool of financial loans is explained in a prospectus typically referred to as a 424B submitting with the Securities and Exchange Commission a printed doc that describes the business company that is distributed to prospective purchasers and traders. Several representations (claims) are made to the potential customers of these bonds with regards to the financial loans in every single pool in equally the prospectus and the Pooling and Servicing Agreement. Most of these promises to date have been misrepresented no matter whether intentional or not, which has resulted in several trader lawsuits towards banking companies and wall street expense corporations concerned in the advertising and marketing of such securities.

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There is even now a legitimate protection in opposition to wrongful foreclosures. Below are some ideas on what to look for:

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one) Debtors need to have to insure that the foreclosing entity is the real Be aware Holder. Financial institutions act as pretender creditors, when originating a loan. Soon after it is marketed to the Bond Holders (Traders), they just take on the part of loan servicing only. If payments stop, then the Loan Servicer does have the right to initiate foreclosure proceedings, but only the Notice Holder can actually complete the foreclosure method.

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2) Debtors need to insure that the foreclosing entity is in possession of the authentic mortgage loan be aware The house loan financial institution (Pretender) need to be in possession of the authentic soaked ink mortgage note to foreclose, therefore the expression Produce the Note. Be aware that right after a number of hundred audits, CSA, LLC has by no means seen a bank generate the first moist ink promissory notice.

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three) Debtors should verify to see if the promissory be aware and the deed of trust have been divided. The banking companies split the Promissory Note and Deed of Have faith in in every Securitization Settlement. They bought the Notice to the traders and recorded the deed with the county recorder, or in over 50% of the cases, Home loan Digital Registration Methods, (MERS). MERS instructed the servicers to keep the notes, and many or most of them were wrecked or misplaced. Further, the notes have been divided from the mortgages, generating them null and void.

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5) Borrowers want to check if bank loan was recorded with MERS. Incorrect House loan Assignment More than 60 million mortgages have been assigned to MERS (Mortgage Electronic Registration Programs, Inc.) MERS company procedures have been ruled by a NY Personal bankruptcy Decide in 2011 as illegal.

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6) Debtors need to have to find out how to generate a totally free account on http://www.secinfo.com for investigation of community SEC filings. Objection to an Entity that is Foreclosing Home loan Servicers will usually foreclose in their possess title and not expose the identity of the accurate holder of the note. Considering that most of the Home loans, if not all are owned by traders, by means of MBS Trusts, each trader only owns a portion of the collective pool of mortgages, but not any one specific mortgage. For that reason, there is no a single who can legally foreclose.

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seven) Borrower need to demand from customers that the mortgage loan financial institution validate the personal debt. If homeowners would read their Deed of Have confidence in they would find out it to be a glorified lease Agreement. This is why when paying off a mortgage, a house owner must request a payoff letter from the bank, this is the only time the financial institution is admitting that there is a financial debt in existence. There are a lot of reasons for this and will be discussed in-depth on our site before long.

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CSA is now offering free mortgage loan securitization audit assessments to homeowners experiencing foreclosures. As lawful possibilities are dwindling, this should be the principal focus of any wrongful foreclosures protection.

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For much more data, remember to make contact with us at http://www.securitizationanalysis.com or write to: revenue(at)securitizationanalysis(dot)com or phone (415) 316 8776 to schedule a time for a house loan securitization evaluation.

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About Accredited Securitization Examination, LLC

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Licensed Securitization Investigation (CSA), LLC is a consumer advocacy firm that provides because of diligence and investigates mortgage loan securitization fraud. The Companys proprietary techniques and procedures for audit and evaluation concentrate on legal standing issues in foreclosure scenarios where the underlying house loan was securitized.

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CSA is not a regulation company. CSAs details and solutions are not meant as authorized guidance and exercise.

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Accredited Securitization Analysis Re-Makes and Expands Solution Choices in the Wake of new Judgments vs. Financial institutions in Wrongful Foreclosures and Illegal Financial debt Selection Techniques

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San Francisco, California (PRWEB) May possibly seventeen, 2012

CSA, LLC (previously Qualified Securitization Examination, LLC), the top useful resource for consumers in financial debt has re-branded and released their new site at http://www.1analysis.com. Giving an expanded suite of products which will empower customers in the struggle towards wrongful, and in several circumstances illegal personal debt collection, CSA, LLC now provides securitization audits and analysis masking not only Industrial and Household Actual Estate Financial loans but also Credit history Playing cards, Retail Installment Agreements i.e. Automobile Loans and Pupil Loans.

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With over 600* million credit cards currently in circulation in the US by yourself and the common credit history card personal debt for every home standing at near to $ sixteen,000**, a lot of customers are now defaulting on their credit cards. Similar to sub key mortgage lenders, credit rating card issuers have been seeking to improve revenue by lending to individuals who are financially vulnerable and then spreading the hazards by offering off securities based on credit card receivables. The fiscal crisis has lowered homes obtain to credit score, undermining the competitiveness of the credit rating card business. Therefore, credit score card businesses are more most likely to be in a position to demand increased rates without losing all of their clients. Credit rating card businesses will have no incentive to conduct correct underwriting of new accounts, considering that losses can be spread between the existing account holders who have fewer opportunities to alter playing cards. If underwriting is tainted in these conditions, then the securitization procedure is compromised and retains the very same pitfalls as mortgage backed securitization, which prospects to deficiency of standing by the banks and causes wrongful financial debt collection to proceed unmonitored. The buyer loses accordingly.

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In the circumstance of retail installment agreements, the automobile bank loan is the most related illustration to mortgage backed securities. Automobile dealerships have often securitized a sizeable part of their customers’ automobile loans – that is, bundling many loans from purchasers into a protection and then promoting the protection as a entire to a larger corporation. Securitizations permit a financial institution to take away credit card debt from its publications and promote them to greater monetary establishments. Not too long ago, numerous automobile purchasers have documented that their interest prices and month to month payment ideas modified as soon as their loans grew to become part of a securitized portfolio. Buried in the fine print of the car financial loan were conditions and circumstances that authorized the securitized portfolio’s supervisor to make these adjustments, and precluding the borrower or auto purchaser from contesting the modify.

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Considering that no direct interaction takes place amongst the customer and the large firm that will take more than the bank loan (clients are frequently unaware that their loans had been securitized at all), automobile salesmen have been accused of fabricating the client’s financials in order to near a deal. A latest situation highlighted a single specific whose monthly payments enhanced to $ 425 a thirty day period from $ 250 following their bank loan was portion of a portfolio syndicated to a countrywide bank simply because the dealership had transformed his income details. Living on just $ 800 month to month Social Security disbursement, this individual could not potentially have competent for the loan.

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In addition, student debt has now become a nightmare for People in america with the likely to explode as the up coming main US financial crisis as students and personnel searching for retraining in a tough economic market place are borrowing incredible quantities of income via federal and non-public loan applications to aid protect the climbing expense of university and education. Currently out of the $ 1Trillion college student bank loan debt on the books, $ 300 Billion of that debt is currently thirty times or much more earlier because of.

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CSA, LLC has recognized that the monetary institutions are now foreclosing on The united states and are not supporting Individuals solve their fiscal financial debt crisis. Were on the securitization roller-coaster and its likely off the tracks quickly as customers plunge further and deeper into financial debt and greedy monetary establishments carry on their wrongful financial debt collection methods. claims Adam J. Meyer, CEO of CSA, LLC. The credit card provisions that have been determined as unfair, misleading, and anticompetitive are not only sending American people more into personal debt, but standing in the way of financial recovery. The financial downturn and financial disaster have accelerated the adverse impacts of these methods on consumers, modest companies and our economic climate as a complete. CSA LLCs new suite of merchandise offerings seeks to battle these monetary establishments wrongdoings and give America again to the buyers. This is our nation and we are not willing to give it up to the banksters.

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Previously known as a stalwart in home loan securitization, this new suite of merchandise will additional increase CSA LLCs position in the financial debt collection area and assist the hundreds of thousands of US shoppers who are saddled with unsurmounting credit card, retail installment and pupil bank loan financial debt. It will only take 1analysis from CSAs new merchandise giving suite to put homeowners and people in debt on the right path to reclaiming their properties and guarding by themselves from the wrongful foreclosures and personal debt collection methods of the monetary establishments.

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*Supply: “The Survey of Consumer Payment Selection,” Federal Reserve Lender of Boston, January 2010&#thirteen

**Calculated by dividing the overall revolving personal debt in the U.S. ($ 801. billion as of December 2011 information, as shown in the Federal Reserve’s February 2012 report on customer credit rating) by the approximated quantity of households carrying credit score card financial debt (fifty.2 million)

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About CSA, LLC:&#13

Started in 2010, CSA, LLC is the major resource for shoppers in debt. Our audits and examination empower buyers and/or their lawful advisors with powerful and actionable methods to defend towards wrongful, and in several cases unlawful financial debt assortment. Our audits and evaluation cover Commercial and Residential Actual Estate Financial loans, Credit rating Playing cards, Retail Installment (Car Loans and Pupil Bank loan) Agreements. For much more info and a free of charge debt investigation and analysis of your existing situation, you should see http://www.1analysis.com or get in touch with CSA, LLC at income(at)1analysis(dot)com or call one-888-715-0060.

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Innovative e-Discovery Service provider e-Logic Team Tranforms and Requires Real Estate Securitization Audit and Forensic Audit Examination to the Up coming and Right Degree

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Miami, Florida (PRWEB) July 07, 2012

As a lot more companies supply Bloomberg Terminal Education to sprouting audit report firms, miss out on the necessity and requirement of a qualified report and as a outcome, purchasers of a securitization audit report devote hundreds on worthless paper. “e-Logic’s sister organization Anthony Martinez &amp Associates(“AMA”) has supplied Authorized Procedure Outsourcing (“LPO”) Services in financial loan amount litigation since 2008 and we’ve been identifying fraud-securitization in draft pleadings and memorandums for lawyers since then” states Anthony Martinez, President and Main Executive Officer of e-Logic Group, Inc.

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Mr. Martinez has provided sophisticated discovery services and consulting for over sixteen years. As a Discovery Skilled, Specialist and Strategist, Mr. Martinez is fluent in obtaining the “using tobacco gun”. “Move previous straightforward certification in a study tool like Bloomberg where you spend a few of thousand a thirty day period for terminal access to locate the have confidence in info. You have these securitization reports stating details also loosely like financial institution, originator, sponsor, depositor, issuing entity, underwriter and many others. with no totally examining each and every of their roles. Did the securitization paperwork exist before the matter loan was consummated? If so, did the Sponsor give a warehouse line of credit history to the originating parties and if so, did the cash transfer to the Originator straight from the Sponsor or did the cash transfer straight from the funding resource to the Seller? These are all crucial concerns when the mortgage docs discover a loan company who never ever lent something and the actual Financial institution/Creditor remained undisclosed. This is discovery at its best. Why would any individual depend on a report that presented anything considerably less? Audit organizations supply an injustice when they provide a report with charts and graphs that say a bank loan was in the believe in and ABC Mortgage Firm was the financial institution with no being aware of for particular the loan company in fact lent the funds.”

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Relocating previous the days of traditional discovery whereby war rooms have been developed by regulation firms and loaded with temp attorneys to shift by way of containers and bins of paperwork to decide responsive as opposed to non-responsive paperwork, e-Logic Team has incorporated e-discovery system automated analytics into its securitization examination to discover crucial details inside of SEC filed paperwork coupled with “tagging and flagging”, a phrase typically utilized when critical and vital info is located. “Now that you’ve got located the crucial info what do you do with it? Lawyers want to know the above financial institution/creditor concerns coincides with violations of Mortgage Fraud and Buyer Defense and Misleading Techniques Functions. They want insight into relevant circumstances specific to their state and federal district courts” says Martinez. Securitization stories typically include fluff about MERS and inaccurate authorized conclusions as an alternative of one hundred% factual details an lawyer can use. Those who supply the report generally do not supply a Curriculum Vitae (“CV”) demonstrating their skills, track record and experience that qualifies their view. Most would not in shape the expert witness conditions leaving most securitization reports ineffective.

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Effectively earlier the times of foreclosure protection, Mr. Martinez now provides his substantial understanding and experience as a Discovery Skilled, Consultant and Strategist to the Webinar and Seminar Circuit to pass on vital info to attorneys across the United States. “If I needed to quit a Warlord from genocide in Africa and confronted him by myself he’d eliminate me and would most definitely make an case in point out of me. But, if I went above there with an army of two hundred,000 soldiers I am positive the end result would be diverse. I know that might look a bit excessive but so is young children getting rid of their bedrooms and the risk-free sense of stability they acquire increasing up in a residence. Neither the fraudclosers nor the courts identify the hurt completed to a child who loses their perception of security when they drop their residence. All attorneys and their clients want is judgment on the merits. There are in excess of 90,000 certified attorney’s in the state of Florida by yourself. I’m self-assured I have a information foundation that can effect alter, will provide attorney’s with a successful tool box that not only makes use of e-Logic’s Advanced Securitization Audit and Forensic Audit Analysis’ but also gives a way to degree the actively playing area to make it enterprise wise for them to have interaction.”

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To learn more about e-Logic obtain their most recent White Paper here.

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About e-Logic Group, Inc. – e-Logic is one of the most advanced e-Discovery Vendors in the industry right now that utilizes point out of the art technological innovation that incorporates clever algorithms and analytics to automate details processing. e-Logic is now a company of high end Sophisticated Securitization Audit and Forensic Audit Examination Reviews for attorneys engaged in mortgage level litigation involving fraud.

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About Anthony Martinez – Mr. Martinez is a prime Discovery Professional, Expert and Strategist in the industry right now with above 16 many years of expertise in sophisticated litigation discovery and e-discovery matters. A veteran of the gulf war, Mr. Martinez is at the moment the President and CEO of e-Logic Group, Inc., Executive Director of Anthony Martinez &amp Associates, a major LPO Provider Service provider and is the Author of Discovery Tactics, a major Weblog that discusses genuine house litigation matters, case law and other subject areas.

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More Securitization Audit Report Push Releases

e-Logic Group CEO Anthony Martinez Conducts Approach Periods To Talk about Seminars On Superior Securitization Audits, Forensic Audits, Quiet Title, Mortgage loan Fraud

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Miami, FL (PRWEB) July thirteen, 2012

As real estate scammers proceed to hold bogus seminars making use of scorching sector capture phrases like Peaceful Title and Mortgage Fraud, a higher require has offered alone for actual, crucial and essential info on these quite true matters. “I may possibly consider I know every thing there is to know about superior securitization, peaceful title and house loan fraud alternatives or arguments but that may not coincide with what lawyers and buyers actually need to have,” says Anthony Martinez, e-Logic Group’s Chief Government Officer whose business now offers Innovative Securitization Audits, Forensic Audits and Litigation Approach Investigation and is really nicely acknowledged in the authorized community as one of the most reputable go to methods. “Attendees of seminars are your clientele and like all relationships it’s essential to talk about your consumers wants, comprehend them and come up with a strategy that works for them. That is why I’ve made the decision to carry out method classes with attorneys and traders on the subjects of my Discovery Tactic’s Seminars just before I really start offering them.”

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Discovery Tactic Seminars are designed to be cutting edge. They provide attendees factual and critical actual life operating details which is not principle dependent on someone’s inexperienced interpretation. Discovery Techniques is a Weblog authored by Mr. Martinez, a Discovery Skilled, Consultant and Strategist. His consulting firm Anthony Martinez &amp Associates/AMA World-wide Group (“AMA”) is the most sophisticated Lawful Method Outsourcing (“LPO”) firm (and almost certainly the only LPO Provider Provider) that specializes in real house defense and offensive litigation that provides true again-finish business office assistance providers to lawyers. AMA does advanced authorized investigation, drafts superior pleadings and trains lawyers in specific litigation strategies and strategies relative to true home litigation.

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“I’ve noticed these quiet title seminars and the info they offer very first hand. Their tranquil title strategy is based mostly on the hope of a default. So what takes place when the opposition fights back again, statements your action is frivolous and moves for attorney charges?

Securitization Guru Justin Ford Companions with Discovery Specialist Anthony Martinez and Gets to be e-Logic Group’s COO for Innovative Securitization Audit Examination Providers

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Miami, Florida (PRWEB) August 21, 2012

As companies proceed to provide worthless securitization reports to buyers, e-Logic carries on to develop as one of the most dominating and top companies of an sophisticated securitization style investigation unmatched by any securitization audit service provider. To improve e-Logic’s position in the market, the organization has announced its latest addition, Justin Ford, as its Chief Functioning Officer. “Justin not only brings superior investigation and knowledgebase to the crew, he also brings a refreshing level of enthusiasm, focus and solve to our total vision,” states Anthony Martinez, e-Logic’s CEO.

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“I’m enthusiastic at the possibility to help increase the services degree e-Logic brings to its customer base,” claims Mr. Ford. e-Logic is one particular of the only provider providers to create the type of hybrid securitization investigation studies that lawyers can really use.” As it stands, a number of companies in the industry supply coaching in securitization investigation employing equipment like the Bloomberg Terminal. These “allegedly” qualified firms in flip supply reviews that while possibly useful, can seldom be used in courtroom because neither the report nor the affidavit accompanying it can go the required professional witness muster.

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“The business is saturated with undesirable and useless data. What e-Logic delivers to the desk is anything quite various. The Securitization, Discovery Methods &amp Methods Investigation Report(SDST Evaluation Report) is specifically what it seems like. It does a lot more than just identify the securitization chain, it takes that data and incorporates it into a litigation investigation for the legal professional reading the report and permits the legal professional to understand not only the different strategies to approach the circumstance but the pitfalls they may possibly operate into,” says Mr. Ford.

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This effort is direct by a single of the major complex litigation discovery specialists in the litigation market place today – Anthony Martinez, e-Logic’s Main Govt Officer who delivers in excess of sixteen many years of real hands on expertise. “Time is money. Lawyers do not have time to waste on ineffective assets and they’re not happy to invoice their clients for items they are not able to use. It not only tends to make them seem undesirable but it discourages someone in require of authorized counsel to defend or prosecute a genuine house subject. Actual house litigation is significant. These lawyers are heading up from a trillion greenback equipment with only a handful of thousand pounds. Some may contact it silly – we phone it guts! You far better feel every single dollar demands to be effectively invested so it’s imperative we offer the sharpest sword – a slicing edge merchandise that gets them to the desk to play” states Mr. Martinez.

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In present day industry men and women want to comprehend there is certainly considerably more necessary to prevail than just Bloomberg certification and a terminal account. You have to have the prerequisites to competent as an professional in the courtroom with a decide thats currently prejudiced in opposition to the property owner and counsel. In accordance to Mr. Martinez, “You have to be fluent and ready to justify how a $ 250,000 loan was aggregated into one.2 billion for ABC Trust 2007-AE1, display how the aggregated quantity was converted into a protection bond/certificate and distributed over 35 lessons (fractionalized). Then you far better be ready to show how of the 35 lessons, YOUR subject mortgage was discovered in eighteen of the lessons (fractionalized) and of the 35 classes 28 have been compensated off in entire leaving 7 with an aggregated price of one.7 million. You then need to have to make clear how of the 18 YOUR loan was found in, fifteen of people courses are element of the 28 paid in complete and of the three lessons in which YOUR bank loan is nonetheless fractionalized, the aggregated amount is $ 275,000. That’s just a speck of the kind of useful and helpful info attorneys require in their evaluation which presents very good lead to for an accounting, one thing attorneys have difficulty obtaining via a regular discovery request.”

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About e-Logic Team, Inc. – e-Logic is a single of the most superior e-Discovery Suppliers in the sector right now that utilizes condition of the art engineering that incorporates smart algorithms and analytics to automate info processing. e-Logic is now a company of high conclude Superior Securitization Audit and Forensic Audit Investigation Reviews for lawyers engaged in loan stage litigation involving fraud.

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About Anthony Martinez- Mr. Martinez is a prime Discovery Professional, Advisor and Strategist in the business right now with above sixteen several years of encounter in complex litigation discovery and e-discovery issues. A veteran of the gulf war, Mr. Martinez is at the moment the President and CEO of e-Logic Team, Inc., Executive Director of Anthony Martinez &amp Associates, a major LPO Services Provider and is the Creator of Discovery Techniques, a major Weblog that discusses true home litigation matters, circumstance legislation and other matters.

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About Justin Ford – Mr. Ford is a seasoned securitization professional and previous Principal of Automatic Expeditors of The us in Detroit, MI – a leading supplier of sophisticated securitization research and audit reports. Mr. Ford has an substantial background in consumer partnership constructing, marketing and corporate branding.

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More Securitization Audit Report Press Releases

The Basics of Securitization

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The basic definition of securitization is to pool certain form of assets so that they can be clubbed together into interest-bearing securities. This decade old concept is given a bad name since the devastating mortgage crisis of 2007 began. In securitization the payment of principle and interest of the assets are passed on to the buyer of the securities.

The process of securitization dates back to 1970’s when government backed agencies pooled the home mortgages. Beginning from 1980s, the market has grown leaps and bounds in the recent years as other income producing assets were also securitized. In certain markets, for example in case of risky subprime mortgages backed securities, the investors lose confidence as the quality of the assets deteriorated.

Poor origination of credit, inefficient methods of evaluation, and loop holes in regulatory oversight has caused considerable harm to financial stability; this is evident both through the persistence in audit crisis and the scale of it.

More and more financial institutions are switching to securitization and pass on the credit risk of the assets which is shown from their balance sheet to that of various other financial institutions such as insurance companies, banks, and hedge funds. This is done to achieve various purposes. It has been found that it is economical to accumulate funds through securitization.

For banks it is less costly to hold on to these securitized assets as financial regulators have set up different parameters for them in comparison to assets that underpinned them. This principle of “originate and distribute” has come up with several economic benefits too. It diffuses the concentration of the risk by spreading the credit exposure and systemic vulnerability is reduced.

Until the crisis of subprime was disclosed it is mostly considered that securitization only has positive and fruitful effect. But securitization has also been used by some as a means to have minimum parameters of prudent lending, management of risk and investment at a time of small returns.

 

Get more basics of Securitization at Securitization Audit Reports

Securitization Mortgage Audit

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The yank home owner, once the backbone associated with the us economy, has become the actual victim of bank perpetrated mortgage loan fraud and even a failing economy. around the express nation’s banks are terribly foreclosing on exotic loans knowing given to unsuspecting house owners whom are at currently losing their dwellings.

Courts are usually clogged up with mortgage fraud, wrongfully denied loan modification, and additionally Wrongful foreclosure cases as house owners turn out eager pleas to not lose the house.  In the end, their forensic financing audits demonstrate that the bank guaranteed them the two qualified for the particular financing.

During the housing boom of early 2000, thousands of homeowners were misled back to loans that the full banks knew the two failed to qualify for furthermore as would never have the facility to be able to repay. the full banks, but sadly weren’t alarmed over the particular person’s inability may|that may|that will} repay as a result of the particular truth the two are securitizing the loan and therefore acquire their full payment extended before the actual thirty season contract may conclude. additional the full draw back of foreclosing on the property might fall therefore on the full service of the loan, to not mention indeed there was insurance cash that may pay them off.

Within the loan provider’s angle this had been just too smart of the deal to be able to pass up.  Destination legion house owners into loans they might never hope to repay, place the full loans at intervals the stock marketplace for unsuspecting investors to shop for furthermore as then place them with services who might afterward gather everything the two might at intervals the home-owner. Subsequently initiate foreclosures against the home-owner. that’s mortgage loan scam of epidemic proportions. the strategy the bulk started by misrepresentation and additionally manipulation of the house owner. the actual prepare never really contained giving the full home-owner a loan mod.

Today the actual country suffers with epidemic levels of wrongful foreclosures. and therefore the banks have equally been the key player in an exceedingly failing economy tightening up the bulk regions of lending, that created jobs losses. several house owners embrace being unable to be able to maintain payments beneath the strain of lost jobs and even a stagnant economy. the explicit banks escort perpetrated the simplest levels of criminal activity ever before detected at intervals this explicit nation, but it terribly is that the particular trusting house owners that are forced therefore as actually the actual burden of that criminal activity by suggests that of accelerating unemployment, pay cuts, reduced hours, and additionally at long last wrongful foreclosures.

Homeowners may very well Fight against Mortgage Fraud:

1. don’t assume that your express loan does not embrace any mortgage loan scams throughout it and additionally it happens to be okay for anyone to perform well directly with all the bank therefore on accumulate a Loan modification.  This “assumption” has caused several thousands of people to urge rid of their dwellings.

2. as a result of the initially step to really acquiring out should you’re usually a victim of mortgage fraud get a forensic financing audit then a securitization audit conducted on your financing. many of these couples will certainly tell somebody if usually there is really mortgage fraud, violations of federal laws that embrace TILA, RESPA, HOEPA, ECOA, to not mention totally different federal regulations; equally whether or not or not or not or not the note and deed embrace being separated, so making property foreclosure unlawful, furthermore as robo-signing, and others.  It happens to be all the found throughout these forensic loan audits and additionally securitization audits.

3. when you grasp the particular results of these two audits, consequently you will be able to merely choose a concept of action to avoid wasting the dwelling. you’d presumably opt to have a loan modification negotiated, or simply patrons might need to pursue lawful action. the actual decision is supposed to be easier to form with all the essential information to appear at.

 

For more info about Securitization Mortgage Audit visit Securitization Audit Report

Welcome to Securitization Audit Report

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Whilst foreclosure rates embody being at record high numbers for a protracted time at the present, last twelve months reported that property foreclosure rates happened to be lower, and additionally it appeared like everything is also beginning so as to reinforce.  Predatory lenders as an example JP Morgan Chase, Citigroup, Bank of America and additionally Wells Fargo had been being sued not just by the particular national, nevertheless additionally by the particular Attorneys General of forty nine states.  It appeared like we have a tendency to all had been at long last changing into while not the property foreclosure scam that had been plaguing owners for several years.

Specialists warned that the complete reduction at intervals property foreclosure instances we have a tendency to all saw was simply attributable to the very fact that several of those predatory loan suppliers were currently fighting litigation, and as soon as they managed so as to achieve a settlement we would see foreclosure rates begin that may rise when a lot of, so it had been an honest plan to not backpedal from mounting a robust property foreclosure defense.  This explicit proven real, as a result of exemplified with regard to the state of Massachusetts during which foreclosures numbers jumped from 694 at intervals February of the previous twelve months, so as to one,394 with regard to February of 2012.  This shows that the banks were the truth is waiting till eventually they will o.k. reach a settlement before the 2 began going back so as to their aged tips of committing mortgage loan then property foreclosure scams.

We all thought that the Lawyer General’s Foreclosures Settlement would place a stop to the predatory behavior, however a leopard may actually modification its spots, and the banks tend to be up to their recent tricks another time.  Property foreclosure scams committed by these lenders ended up being currently well-liked it ended up being thought of to be in an institutional degree. will everyone fully believe that they’re going to stop pursuing fraudulent foreclosures at now that they currently have gotten their slap found on the wrist to not mention now not ought to be troubled concerning the complete national or alternatively forty nine states having the capability so as to sue them with regards to their criminal actions?  This extremely is exactly why it’s a lot of vital at the present compared to ever to be able to check that you’ll have a robust property foreclosure protection throughout space therefore you’ll be able to fight back and maintain from losing a home up to a fraudulent property foreclosure.

By having a dwelling loan document examined by a securitization audit these because the entire Bloomberg-based securitization audits that Securitization Audit Report offer, you’ll be capable that may confirm after you happen to be the actual victim of Foreclosure fraud.  A securitization audit from Tila Solutions can provide an in depth examination of the financing documents to not mention confirm within the event you’ve got been the particular target of robo-signing, property foreclosure fraud, and in case the mortgage has become properly securitized.  If it happens to be discovered that the actual note and title to a residence currently became split, subsequently a lender may not currently have any lawful acceptable so as to foreclose, making any foreclosure activity a fraudulent property foreclosure.

 

Get more info about Securitization Audit at Securitization Audit Report