Comments on: Citigroup and Merrill Keep Eating Losses http://blownmortgage.com/2008/10/16/citigroup-and-merrill-keep-eating-losses/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Mon, 09 Nov 2009 22:42:54 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: borrowerhotline http://blownmortgage.com/2008/10/16/citigroup-and-merrill-keep-eating-losses/comment-page-1/#comment-12025 borrowerhotline Sun, 26 Oct 2008 10:04:03 +0000 http://blownmortgage.com/?p=1477#comment-12025 Merrill Lynch has obvious problems with the sub prime securities it offered through its consortium of company's intended solely for CDO and other asset backed issuances. The aftermath of the securities debacle has left the First Franklin Merrill Lynch Lenders puzzle open for legal scrutiny. I am an analyst and can tell you there are a number of key and critical statements in the SEC filings that are grounds for counsel to level an attack. Claims of predatory lending practices and showing subjective material misrepresentations are not enough to win a decision here. <br><br>Negligence on behalf of the parties , servicing agents and trustees in accordance with recovery by the lien holder are where they appear to be vulnerable and outside the law. Defects are these instruments and voidable are the conveyances where the parties are pursuing a foreclosure. Merrill Lynch has obvious problems with the sub prime securities it offered through its consortium of company's intended solely for CDO and other asset backed issuances. The aftermath of the securities debacle has left the First Franklin Merrill Lynch Lenders puzzle open for legal scrutiny. I am an analyst and can tell you there are a number of key and critical statements in the SEC filings that are grounds for counsel to level an attack. Claims of predatory lending practices and showing subjective material misrepresentations are not enough to win a decision here.

Negligence on behalf of the parties , servicing agents and trustees in accordance with recovery by the lien holder are where they appear to be vulnerable and outside the law. Defects are these instruments and voidable are the conveyances where the parties are pursuing a foreclosure.

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