The Rise and Fall of Securitized Trusts: Eleven Future Strategies To Dismantle Them in Their Retreat

Your Host: Attorney Gary Victor Dubin
with
Co-Host:  Former Hawaii Governor John D. Waihee 

At first, securitized trusts received obedient kowtowing from the American Judiciary, unwittingly deceived by, if nothing else, their long impressive titles including in their names the names of otherwise past respected financial institutions supposedly acting as their trustees.

And when securitized trusts, starting with the mortgage crisis of 2008, began their unending wave of foreclosures, they did so exclusively as mortgagees, since state foreclosure laws have always been written to exclusively authorize foreclosures on traditional mortgages only and not in favor of the holders of promissory notes. Continue reading

It feels like State and Federal Legislators don’t have a Clue about what real-life Americans Face Every Day

By Sydney Sullivan

The Hawaii legislature in 2018 started off wanting to make it a “Felony” if you rented a room in your home short term without the required licensing. Most folks are all for the necessary permit and, of course, paying the taxes. But making a vacation rental violation a felony – well, that went a bit too far.

Sometimes it feels like state and federal legislators don’t have a clue about what real-life Americans face every day. Legislators have always had a paycheck, even during the 2008 meltdown. While many folks were losing their homes, banks offered sweet refinance and payoff deals to legislators all over the country. Average homeowners couldn’t get a refinance or modification from 2008 through 2012 because the banks told them to miss 3 payments to qualify for HAMP and then denied homeowners the opportunity to reinstate their loan – because they were unknowingly in DEFAULT. Continue reading

Hawaii State Public Funds’ Shortfall Hits $25B

“Shortfall” –  a clever term for “we’ve lost your money”

According to the Hawaii Free Press quoting the Honolulu Star Advertiser: 

“The two public funds designed to meet the future pension and health care needs of government employees and retirees are a combined $25 billion in the hole with a growing shortfall….

The deficit in the ERS pension fund rose to $12.93 billion in the fiscal year ended June 30 from $12.44 billion in the previous fiscal year, according to one of the reports. The funded ratio — what is needed to meet future obligations — improved slightly to 54.9 percent from 54.7 percent a year earlier….

Similarly, the EUTF shortfall for all employers rose to $12.15 billion in fiscal 2017 from $11.78 billion in fiscal 2015, the last year it was reported. Its funded ratio improved to 12.8 percent from 6.7 percent because the cost of health care didn’t grow as fast as had been anticipated and because employers made more contributions to pay down the unfunded liability than required. The EUTF report has been coming out every two years but will be switching to an annual format… Continue reading

Break up the Big Banks and Hold Wall Street Accountable for Their Risky Investments

tulsi-top
tulsi-gabbard-tbtftulsi-bottom
We must create a banking system that works for every American—not just Wall Street CEOs—and enact and strengthen reforms that will protect our economy from another massive collapse. Tulsi is a cosponsor of legislation such as the Return to Prudent Banking Act (H.R.381) and the 21st Century Glass-Steagall Act (H.R.3711) to help protect Americans from big banks’ roll of the financial dice. To help ensure the financial stability of our nation, Tulsi is continuing to fight against dangerous behavior on Wall Street where investors take big risks on the backs of American taxpayers. She has urged criminal investigations of Wall Street executives who take money from American taxpayers, such as what recently happened with Wells Fargo, the nation’s largest “too big to fail” bank.

“I will always fight against the schemes of Wall Street to make risky investments on the backs of American taxpayers.” -Rep. Tulsi Gabbard

It’s Here! It’s Wimpy, but Yvanova is finally here.

We’ve all waited with bated breath for the “Happening” of the California Supreme Court decision in Yvanova vs. New Century Mortgage Corporation a case, as the Supremes put it, “granted plaintiff‘s petition for review, limiting the issue to be briefed and argued to the following: “In an action for wrongful foreclosure on a deed of trust securing a home loan, does the borrower have standing to challenge an assignment of the note and deed of trust on the basis of defects allegedly rendering the assignment void?“”

While Yvanova wins the appeal, the Supremes’ opinion is less exciting than hoped for – yet it had some redeeming qualities when you look deep into the opinion and the footnotes. It sorta keeps you Hangin’ On (pun intended). Continue reading

Maui County Hawaii Leads America in Regulating Corporate Power

A step closer to getting big money out of politics
Viewpoint

November 3, 2015
By ARIANNA FEINBERG (ariannafeinberg@gmail.com)

50005340-10542-001_VictorinoThank you, Maui County Council, under the leadership of Policy and Intergovernmental Affairs Committee Chairman Mike Victorino, for passing Resolution 15-124 “Requesting Maui County’s Congressional Delegation to Support an Amendment to the

United States Constitution to Permit Congress and the States to Regulate the Influence of Corporate Power on the Political System.”

This resolution shows our County Council’s support of overturning the Citizens United vs. Federal Election Commission Supreme Court decision, which made it legal for corporations and other special interests to spend unlimited amounts of money to influence elections, as long as they are “uncoordinated” with candidates. Continue reading

The Delusional Bench Squad – Collective Insanity?

By Sydney Sullivan

You may not like this movie. Wolf of Wall Street may be too vulgar. But if you are still invested in Wall Street there must be some vulgar demon or wannabe rich guy inside you that is too delusional to get out.
It’s no wonder why homeowners can’t get a fair shake in court because it appears the delusional sit above, behind and on the bench.

wolf LD money“Mark Hanna: We don’t create shit, we don’t build anything.
Jordan Belfort: No.
Mark Hanna: So if you got a client who brought stock at eight, and it now sits at sixteen, and he’s all f**king happy, he wants to cash it and liquidate and take his f**king money and run home. You don’t let him do that.
Jordan Belfort: Okay.
Mark Hanna: Cause that would make it real.

Continue reading

Trouble in Paradise — Maui Foreclosures Allowed Without Proof of Standing or Full HRS §667-17 Compliance

A MUST WATCH VIDEO!

See: KingCast and Mortgage Movies

“Truth crushed to Earth shall rise again, the eternal years of God are hers, but Error wounded writhes in pain and dies among His worshipers.”  The Battle Field – William Cullen Bryant. 1794–1878 Continue reading

Idiot Decisions – Calculated Incompetence or Lack of Adequate Intelligence?

By Sydney Sullivan

Learn something newFor most of us education is an ongoing process.  Whether you are a professional, labor force, homemaker, just a kid or retired we are constantly learning – all of us… except some (but not all) judges, because when they get behind the bench in the black robe, all of a sudden their comprehension and quest for knowledge is severely dulled, yet they still roar like an angry old goat. 

You would think judges in Hawaii would be more compassionate to those folks losing their lands since it was only a little over 100 years ago, in 1893, when Hawaii was invaded by American businessmen, who overthrew Queen Liliuokalani and forced an illegal territorial annexation to the United States. Continue reading

Hawaii: family claims ownership of Waimanalo land using fake deed – just like the banks!

CLICK:  State: family claims ownership of Waimanalo land using fake deed – Hawaii News Now – KGMB and KHNL.

Hawaii fake deedsObviously, there are some ostriches in Hawaii when there are thousands of forgeries and fraudulent documents that have been filed in its Bureau of Conveyances over the last 8 years, but the registrar says: “only a handful of bogus property deeds get thrown out by the courts every year.” 

Maybe somebody ought to suggest a land record audit or just gather up all the foreclosure forgeries and sue the Bureau of Conveynances for ignoring fraud and total incompetence. Continue reading