Today my friend’s history was made. The Massachusetts decision represents a major victory for consumers as well as for the handful of attorneys and advocates who dedicated their lives to protecting the defenseless. Perhaps the critical game-changing event in the Massachusetts litigation was the Amicus Brief submitted by Marie McDonnell setting forth and outlining the securitization paradigm and the defects in the chain of title.
Her analysis exposed both the material deficits contained and the subsequent fraudulent actions taken by the banks in foreclosing the properties. If you recall correctly it was Marie who first made the discovery in Antonio Ibanez’s loan in which it may have been securitized twice? Lets not forget who the robo-signer was that assigned the mortgage to U.S. Bank but non other than Linda Green.
And after two and half very long years post-foreclosure who would have thought that Mark and Tammy LaRace would move back home!
I would like to personally thank all the attorney’s involved and a special thanks to my good friend Marie McDonnell for her brilliant work and who deserves a mighty high five from all of us…
This is without question the most important decision so far in the war against the unlawful and fraudulent conduct of the originators, securitizers, out-source-providers, default servicers, and their so-called lawyers! The Judge articulates the business models we are dealing with better than anyone has done in any opinion, article or brief. I am sure your work contributed greatly to the education of the court and for that you should be highly commended. This Judge really and truly got it! It is the perfect outline of the transactional requirements and debunks every bogus argument that the other side has been advancing for year”.
Marie will be one of the many guest speakers who have agreed to appear at Max’s upcoming mortgage securitization and servicing seminar in Las Vegas: Operation Strike Back — The Foreclosure Fraud Defense Boot Camp.