Category Archives: Mortgage Securitisation
RISK/REWARD…Who risked what and for what reward…..
With my limited experience over the past 7 years of dealing with the Bank’s (namely Ulster Bank and PTSB) on an adversarial basis, I am now left in no doubt that the deck is so stacked against the ordinary person, we never stood a chance! This does not diminish the brave people of Ireland who […]
WHAT DOES YOUR HOME MEAN TO YOU…….
“NOBODY SHOULD UNDERESTIMATE THE VALUE OF THEIR HOME, IT REPRESENTS THEIR EMOTIONAL WELLBEING AND SECURITY IN AN INCREASINGLY INSECURE WORLD” Awaken Longford 2013 Your Home, your Emotional Wellbeing and Security, that is what the Courts affect when they facilitate the Banks by ruling in their favour at repossession hearings, in almost 100% of cases the […]
The Con Job Continues….Ulster Bank…..
Following on from the last post regarding Ulster Bank and their attempts to continue to hide the facts that they had securitised thousands of Irish Residential Mortgage’s from the Mortgagor‘s (you and me), the following document is a tender issued in 2011 by Ulster Bank to the Noteholder’s (entities who originally bought our Mortgages) to […]
Pride Comes Before A Fall…Ulster Bank….
It appears at least one of Ulster Bank’s Securitisation Tranches, namely, “Celtic Residential Irish Mortgage No.11 plc” is in deep trouble. Just to remind everyone, “Celtic Residential Irish Mortgage No.11 plc” contains: 15,850 Irish Residential Mortgages according to the document below, the original Prospectus contained 22,568 Morgages with a total value of €4,079,874,619.00 According to […]
FIRST ACTIVE / ULSTER BANK Securitisations……
As most of you will now understand, I take serious issue with the Bank’s in relation to securitisation, in continuing along this path I have prepared some information regarding First Active / Ulster Bank which may come as a surprise to anybody who thinks that their mortgage wasn’t sold by the Bank! I have endeavoured […]
Start Mortgages – Mortgage Backed Security Tranches
The purpose of this post is to publicise Lansdowne Mortgage Securities No. 1 p.l.c (LMSNo1)and Lansdowne Mortgage Securities No. 2 p.l.c. (LMSNo2) For those who are not familiar with Mortgage Securitisation, what is being displayed here are prospectii issued on behalf of Start Mortgages for the sale of, in the case of LSMNo1 2,550 Residential […]
Mullingar Woman Takes On The Banks…….
A Mullingar mother is taking on the banks – and she wants us all to join in her crusade Updated: Monday, 21st January, 2013 8:00am Courtesy of : Westmeath Examiner Journalist: Rodney Farry Linda Raeside in her kitchen trying to work out how she will pay the bills that have been making life a struggle for […]
Mortgageholders…the ten most important questions you need to ask your Bank!!
THE TEN QUESTIONS ANYBODY WHO HAS A MORTGAGE SHOULD BE ASKING THEIR BANK! YOU ARE ENTITLED TO KNOW! 1. Am I indebted to the bank right now? (Please answer yes or no). 2. Please confirm that the bank actually possessed the money they claim to have lent me, prior to my loan being granted. In […]
Mortgage Securitisation….Start Mortgage Ltd
We see an article in the Irish Independent yesterday, 12/01/2013 (http://www.independent.ie/business/irish/accounts-show-70pc-of-starts-loan-book-now-in-trouble-3349774.html) which states that 70% of mortgages at Start may now be in trouble, the article does not state just how many mortgages Start has on its books but it does say that Start was responsible for 1 in 3 of 124 repossession orders granted […]
SECURITISATION: A CONSPIRACY OF SILENCE
This is a very important document which, although written to address the South African problem, is applicable to Ireland due to the striking similarities in the Legal System. The Article also demonstrates just how widespread the Bank Fraud is, and how it has permeated the entire Global Banking System in Countries where Central Banks prevail. […]
