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Tag Archives: Pooling and Servicing Agreement
Judge Schack Hammers HSBC for False Paperwork
Judge Schack Hammers HSBC for False Paperwork By Daniel Edstrom DTC Systems, Inc. Here are Neil Garfield’s comments regarding this case from LivingLies (http://livinglies.wordpress.com/2011/12/30/schack-bangs-hsbc-for-false-paperwork/): Posted on December 30, 2011 by Neil Garfield EDITOR’S NOTE: Plausible deniability went out the window … Continue reading
Posted in Information, News, Securitization
Tagged $10, 000 fine, Daniel Edstrom, DTC-Systems, fabricated, fabricated papers, False Paperwork, forged, forgery and fraud, fraudulent documents, fraudulent foreclosure, HSBC, investment bankers, Judge Schack, livinglies, mortgage-backed securities, Mortgages, Neil Garfield, outsourcing the fabrication, Plausible Deniability, Pooling and Servicing Agreement, scam, Securitization, securitized
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The OCC Misses the Point on Toxic Waste
The OCC Misses the Point on Toxic Waste By Daniel Edstrom DTC Systems, Inc. http://www.dtc-systems.net We all see what we want to see. But when others control the conversation, it is easy to miss the point. As a regulator the … Continue reading
Posted in Information, News, Securitization
Tagged 3-602, Accounting, accurate accounting, advances, Affidavit, Ally, Audit, capital, Compliance, concealing, creditor, Daniel Edstrom, default, discharged, DTC-Systems, endorser, failing to disclose, Fannie Mae, Freddie Mac, GAAP, GAAS, Generally Accepted Accounting Principles, Generally Accepted Accounting Standards, Ginnie Mae, GMAC, guarantees, guaranty, interest, irregularities, judicial proceeding, livinglies.wordpress.com, loan obligation, loan-by-loan, maker, master servicer, misrepresenting, mortgagor, Naked Capitalism, Neil F. Garfield, non-judicial proceeding, non-performing asset, Obligations of Persons Under this Note, obligor, OCC, Office of the Comptroller of the Currency, perfect, performing asset, pool, pool accounting, pool assets, Pooling and Servicing Agreement, power of sale, principal, Promissory Note, regulator, REMIC, Reuters, SEC, SEC Regulation AB Item 1122 Servicing Criteria, Securities and Exchange Commission, Securitization, security instrument, separate accounting, servicer, surety, Toxic Assets, Toxic Waste, trustee, two accountings, two sets of books, unified accounting, Uniform Commercial Code, Uniform Single Attestation Program, USAP, USAP Minimum Servicing Standards, www.nakedcapitalism.com, Yves Smith
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World Savings Bank Loans Were Securitized – Pooling and Servicing Agreement Uncovered
World Savings Loans Were Securitized – Pooling and Servicing Agreement Uncovered By Daniel Edstrom DTC Systems, Inc. Contrary to what Wells Fargo is saying in court, we have proof that World Savings Bank Securitized loans into REMICs. We had some … Continue reading
Posted in News, Securitization
Tagged Daniel Edstrom, Depositor, DTC-Systems, endorsed, master servicer, obligated, originator, Pooling and Servicing Agreement, REMICs, second set of books, securitized, Seller, Sponsor, true accounting, Underwriter, Wells Fargo, WITHOUT RECOURSE, World Savings Bank, World Savings Bank REMIC 12
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