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MERS’ mortgage assignment authority upheld by three Federal Courts | 2015-09-25 | HousingWire

MERS, parent of the electronic mortgage registry with the same name, announced that the United States District Court for the Northern District of Georgia Newnan Division, the United States District Court for the Southern District of Texas Houston Division, and the United States District Court for the Southern District of New York dismissed lawsuits brought by plaintiffs who challenged the assignment of their mortgage by MERS.

via MERS’ mortgage assignment authority upheld by three Federal Courts | 2015-09-25 | HousingWire.

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The Big Short Trailer (2015) ‐ Paramount Pictures – YouTube

Watch the trailer for the movie that is due to be released December 23 regarding how subprime mortgage bonds are made. The movie has an all star cast including Ryan Gosling, Bratt Pitt, Christian Bale and Steve Carrell. So mark your calendars.

via The Big Short Trailer (2015) ‐ Paramount Pictures – YouTube.

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LegalYou: Huge Announcement and a Favor | Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge

Ice Legal, the law firm known for its dedication to consumer advocacy, is excited to let you know that its ground-breaking community hub for legal self-help, LegalYou, is nearly here – we will be going live in just a few short months.

via LegalYou: Huge Announcement and a Favor | Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge.

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MUST WATCH VIDEO!!!! If the Justice Dept Wants to Punish Corporate Crooks, Here’s How (w/ William K. Black) – YouTube

via If the Justice Dept Wants to Punish Corporate Crooks, Here’s How (w/ William K. Black) – YouTube.

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Journalist David Dayen’s forthcoming Chain of Title named the latest winner of the Studs and Ida Terkel Prize | The New Press

Chain of Title is the dramatic true story of how, in the depths of the Great Recession, a nurse, a car dealership worker, and a forensic expert helped uncover the largest consumer crime in American history—a scandal that implicated dozens of major executives on Wall Street. They called it foreclosure fraud: millions of families were kicked out of their homes based on false evidence by mortgage companies that had no legal right to foreclose. Dayen, a contributing writer to Salon and a weekly columnist for the Fiscal Times, recounts how these three ordinary Floridians challenged the most powerful institutions in America armed only with the truth. According to Dayen’s editor, New Press editorial director Carl Bromley, “Chain of Title is a remarkable work of narrative nonfiction that tells the story of regular Americans who decide to fight rather than fold before Wall Street. Recalling the humanism of Studs Terkel and the idealism of Frank Capra, it is all the more remarkable that it is a debut work.”

via Journalist David Dayen’s forthcoming Chain of Title named the latest winner of the Studs and Ida Terkel Prize | The New Press.