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  1. #33
    Join Date
    Dec 2007
    Posts
    74

    Re: Redwood Trust Mtg Elimination Restitution Upda

    I always wonder what would have happened if the government would have left Ken alone. He supposedly had some very interesting funding sources lined up, but his big mistake was to pay off that one mortgage in Oregon before he obtained legitemate funding. Now he was accused of running, basically, a ponzi scheme. It seems the government was out to shut down everyone anywhere that was active in the mortgage elimination arena at the time. They came down on the Dorean group at nearly the same time they got Ken. I agree that Ken will probably not be paying anything towards the refund deficiency. His health wasn't very good back then, so I can only imagine what it's like now. Leukemia is nasty stuff. I used to listen to his calls whenever I could. He had a LOT of participants, and the calls were better than a soap opera.

  2. #34
    Join Date
    Dec 2007
    Posts
    74

    Re: Ken Titus of Redwood "Trust" fame at it again

    Seeing the Redwood Trust settlement only paid back about 67% of what clients paid in, I'm sure the good reverend Titus is only trying to make money so he can pay his court ordered restitution, right?

  3. #35
    Join Date
    Feb 2006
    Posts
    219

    Free Produce the Note Foreclosure help Forms

    This appeared on ABC News
    http://cosmos.bcst.yahoo.com/up/play...26720&src=news.

    You can also read it on: http://www.tampabay.com/news/busines...icle976813.ece

    These forms can buy anyone facing foreclosure valuable time.There is a consumer lawyer in Tampa, Chirs Hoyer who posts the forms you need for free on his web site Consumer Warning Network http://www.consumerwarningnetwork.com/.

    Basically you challenge the lender to produce the original note in court, which technically the law requires them to do. It's not full proof, it works and sometimes it doesn't and eventually they will locate some form of electronic document most courts will accept. But this lady in Tampa has so far and counting bought herself 10 or 12 months of valuable time and there was a high profile case in Ohio where the OH Supreme court ruled in favor of 14 Deutsche bank foreclosures ordering the bank to produce to original note. One attorney who represented 2 of the 14 families said one of the families has since lost their home, but it did allow them to stay in it longer so he does not feel it was a total loss. Again this lawyer posts these forms for free on the his web web site and you just record them with the court

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