Homeowner FORECLOSES and PADLOCKS Bank of America
Instead of a bank foreclosing on another homeowner, the Florida homeowners foreclosed on a bank and had sheriff’s deputies foreclose on the North Carolina based bank, Bank of America.
It started five months ago when Bank of America filed foreclosure papers on the home of a couple, who didn’t owe a dime on their home. The couple actually paid cash for the house.
The case went to court and the homeowners were able to prove they didn’t owe Bank of America anything on the house. In fact, it was proven that the couple never even had a mortgage bill to pay.
A Collier County Judge agreed and after the hearing, Bank of America was ordered, by the court to pay the legal fees of the homeowners’, Maurenn Nyergers and her husband. The Judge said the bank wrongfully tried to foreclose on the Nyergers’ house.
After an excess of 5 months of the judge’s ruling, the bank still hadn’t paid the legal fees, and the homeowner’s attorney did exactly what the bank tried to do to the homeowners. He, rightfully, seized the bank’s assets.
“They’ve ignored our calls, ignored our letters, legally this is the next step to get my clients compensated, ” said attorney Todd Allen.
Sheriff’s deputies, movers, and the Nyergers’ attorney went to the bank and foreclosed on it. The attorney gave instructions to to remove desks, computers, copiers, filing cabinets and any cash in the teller’s drawers.
After about AN HOUR of being locked out of the bank, the bank manager handed the attorney a check for the legal fees.
“As a foreclosure defense attorney this is sweet justice” says Allen.
Allen says this is something that he sees often in court, banks making errors because they didn’t investigate the foreclosure and it becomes a lengthy and expensive battle for the homeowner
It started five months ago when Bank of America filed foreclosure papers on the home of a couple, who didn’t owe a dime on their home. The couple actually paid cash for the house.
The case went to court and the homeowners were able to prove they didn’t owe Bank of America anything on the house. In fact, it was proven that the couple never even had a mortgage bill to pay.
A Collier County Judge agreed and after the hearing, Bank of America was ordered, by the court to pay the legal fees of the homeowners’, Maurenn Nyergers and her husband. The Judge said the bank wrongfully tried to foreclose on the Nyergers’ house.
After an excess of 5 months of the judge’s ruling, the bank still hadn’t paid the legal fees, and the homeowner’s attorney did exactly what the bank tried to do to the homeowners. He, rightfully, seized the bank’s assets.
“They’ve ignored our calls, ignored our letters, legally this is the next step to get my clients compensated, ” said attorney Todd Allen.
Sheriff’s deputies, movers, and the Nyergers’ attorney went to the bank and foreclosed on it. The attorney gave instructions to to remove desks, computers, copiers, filing cabinets and any cash in the teller’s drawers.
After about AN HOUR of being locked out of the bank, the bank manager handed the attorney a check for the legal fees.
“As a foreclosure defense attorney this is sweet justice” says Allen.
Allen says this is something that he sees often in court, banks making errors because they didn’t investigate the foreclosure and it becomes a lengthy and expensive battle for the homeowner
Tokyo Radiation
Live Geiger Counter
Location: Meguro ku: about 10 mins walk from Ebisu station. Data is updated every minute so each time you visit this page you should see the graph update.
Equipment: American rm80 geiger counter with data logging.
Units are in uR/hr.
We have been monitoring for over a year, normal levels are 10-15 uR/hr.
Fukushima Exposure March 15
Highest levels detected March 15 from Fukushima radiation 36uR/hr about 3x normal background levels. This has been the max for Meguro area to date. graph here click
Other field readings: Leaving Tokyo. With portable geiger.
Makahari Chiba 99uR/hr, about 8 x normal background levels.click
Some perspective: Same geiger taken onboard a flight at max altitude. 153ur/Hr. About 12 x normal background radiation. Greater radiation exposure flying than max Tokyo exposure so far. click
Location: Meguro ku: about 10 mins walk from Ebisu station. Data is updated every minute so each time you visit this page you should see the graph update.
Equipment: American rm80 geiger counter with data logging.
Units are in uR/hr.
We have been monitoring for over a year, normal levels are 10-15 uR/hr.
Fukushima Exposure March 15
Highest levels detected March 15 from Fukushima radiation 36uR/hr about 3x normal background levels. This has been the max for Meguro area to date. graph here click
Other field readings: Leaving Tokyo. With portable geiger.
Makahari Chiba 99uR/hr, about 8 x normal background levels.click
Some perspective: Same geiger taken onboard a flight at max altitude. 153ur/Hr. About 12 x normal background radiation. Greater radiation exposure flying than max Tokyo exposure so far. click
Foreigners turn to US Stocks
Posted by Colin Barr November 16, 2010 11:39 am Foreign funds continued to flood into the United States in September, as big Asian creditors added to their government bond holdings.
Net foreign purchases of U.S. long term securities were $81 billion in September. That's down from $137 billion in August, as overseas buyers slowed their purchases of Treasury bonds. Net foreign Treasury purchases fell by more than half in the latest month.
But overseas investors also stepped up their pace of stock purchases, suggesting that the hope of an imminent U.S. economic recovery remains alive.
"This shift illustrates investors' confidence about U.S. recovery prospects," said IHS Global Insight economist Gregory Daco. "Looking forward, the composition of long-term foreign investments into the U.S. will depend on which of the following two forces dominates. On one side, stronger growth evidence in the U.S. will prop up demand for equities, while on the other the resurgence of sovereign debt worries in Europe will lead foreign investors back into safe haven U.S. Treasuries."
The monthly Treasury International Capital report is sifted first and foremost for evidence that China might be edging away from its support for our overspending habit. But the latest data show nothing of the sort is happening, and may indeed suggest that investors are betting on a U.S. recovery by shifting out of bonds and into stocks.
Foreign investors bought $39 billion of Treasuries, $23 billion of bonds issued by government agencies such as Fannie Mae and Freddie Mac, and $22 billion of stocks – nearly doubling their equity purchases of the past three months combined.
The shift came as Fed officials signaled their intent to provide more support for the economy by buying Treasury bonds in a bid to prop up asset prices and weaken the value of the dollar. So far, so good on that plan, in spite of all the yelling to the contrary.
"The trade deficit continues to exert downward pressure on the dollar, making U.S. securities very attractive to foreign investors,"said Daco. "The combination of a weak dollar and slow growth prospects in Europe and Japan (despite a surprisingly strong third quarter) should continue boost demand for U.S. securities."
Among the biggest buyers of U.S. securities in September were, as usual, China and Japan. China bought a net $15 billion of Treasury securities in its official account, bringing that globe-leading tally to $883 billion. Buyers in the U.K., believed to be acting at least in part on China's behalf, added $9.6 billion.
Japan, meanwhile, added $28 billion of Treasury debt, giving it $865 billion worth.
Net foreign purchases of U.S. long term securities were $81 billion in September. That's down from $137 billion in August, as overseas buyers slowed their purchases of Treasury bonds. Net foreign Treasury purchases fell by more than half in the latest month.
But overseas investors also stepped up their pace of stock purchases, suggesting that the hope of an imminent U.S. economic recovery remains alive.
"This shift illustrates investors' confidence about U.S. recovery prospects," said IHS Global Insight economist Gregory Daco. "Looking forward, the composition of long-term foreign investments into the U.S. will depend on which of the following two forces dominates. On one side, stronger growth evidence in the U.S. will prop up demand for equities, while on the other the resurgence of sovereign debt worries in Europe will lead foreign investors back into safe haven U.S. Treasuries."
The monthly Treasury International Capital report is sifted first and foremost for evidence that China might be edging away from its support for our overspending habit. But the latest data show nothing of the sort is happening, and may indeed suggest that investors are betting on a U.S. recovery by shifting out of bonds and into stocks.
Foreign investors bought $39 billion of Treasuries, $23 billion of bonds issued by government agencies such as Fannie Mae and Freddie Mac, and $22 billion of stocks – nearly doubling their equity purchases of the past three months combined.
The shift came as Fed officials signaled their intent to provide more support for the economy by buying Treasury bonds in a bid to prop up asset prices and weaken the value of the dollar. So far, so good on that plan, in spite of all the yelling to the contrary.
"The trade deficit continues to exert downward pressure on the dollar, making U.S. securities very attractive to foreign investors,"said Daco. "The combination of a weak dollar and slow growth prospects in Europe and Japan (despite a surprisingly strong third quarter) should continue boost demand for U.S. securities."
Among the biggest buyers of U.S. securities in September were, as usual, China and Japan. China bought a net $15 billion of Treasury securities in its official account, bringing that globe-leading tally to $883 billion. Buyers in the U.K., believed to be acting at least in part on China's behalf, added $9.6 billion.
Japan, meanwhile, added $28 billion of Treasury debt, giving it $865 billion worth.
Jeter's Girllfriend Sexiest Woman Alive
Actress Minka Kelly, girlfriend of Yankee shortstop Derek Jeter, has been named Esquire magazine's "Sexiest Woman Alive."
Kelly is the daughter of former Aerosmith guitarist Rick Dufay and late Vegas showgirl Maureen Kelly. Her mother died in 2008.
Kelly played Lyla Garrity on the NBC drama "Friday Night Lights," which begins its fifth and final season later this month on DirecTV.
She had a cameo appearance as herself on HBO's "Entourage" in the show's recent season finale. She also has a recurring role in the NBC series "Parenthood."
Her most recent movie role was a small part in "500 Days of Summer" in 2009. She stars in two upcoming films: "Searching for Sonny" and the thriller "Roommate," opposite "Gossip Girl" hottie Leighton Meester.
Before being cast for "Friday Night Lights," Kelly had been working as a nurse for four years.
Jeter is an 11-time MLB All-Star, has won five World Series titles with the Yankees and is currently searching for a sixth ring this season.
His team swept the Twins in the first round of the playoffs and will play in the ALCS against the winner of Tuesday night's Rangers/Rays matchup.
Kelly and Jeter have been dating for more than two years. Rumors swirled earlier this year that the pair is engaged but neither side has confirmed that.
Wakabayashi Fund
Based in Tokyo, Japan, Wakabayashi Fund has established itself as a leading private equity family fund that offers a wide range of financial services, including corporate capitalization and institutional investor relations consulting. Wakabayashi Fund acts as an agent between clients and investors seeking to secure capital for small-cap and mid-cap companies on the rise. Aiming to make clients’ companies more profitable, Wakabayashi effectively seeks institutional funding sources for its clients to develop investor relations activities further. Wakabayashi Fund LLC also operates offices out of New York City, New York. In addition to its comprehensive set of services intended to promote growth and profitability, Wakabayashi Fund LLC provides its clientele with superior consultation services in order to assist them in grasping their immediate and long-term business goals. Wakabayashi is committed to assisting its clients in executing projected business plans and strategic financial models, leading them to success. Wakabayashi Fund LLC focuses in areas of corporate development, short-term and long-term financing, business development, management consulting, and corporate governance.