Dan Edstrom – Page 3 – DTC Systems Inc

Wells Fargo Servicer-Driven Foreclosure: Is Stumpfs Company Vicious and Incompetent or Vicious and Greedy?

Wells Fargo Servicer-Driven Foreclosure: Is Stumpfs Company Vicious and Incompetent or Vicious and Greedy?

By Abigail Caplovitz Field
Reality Check: Confronting the Naked Emperors

Reposted from http://abigailcfield.com/?p=992

Well DOERs, John Stumpf, CEO of Wells Fargo, is a schmuck.

CEO Stumpf knew (because DOERs told him) that the only reason grandma Patricia Martin faced foreclosure was because a Wells Fargo employee–Stumpf’s employee–lied to her daughter about late fees, and then rejected her for the loan modification it told her to apply for. Why did Wells reject Grandma Martin’s modification application? Well, given the facts, I see two possibilities. Stumpf’s company is incredibly incompetent or deadly sin-level greedy. Either way Stumpf’s Wells Fargo is vicious.

Vicious, Yes. Also Incompetent and/or Greedy. Continue reading “Wells Fargo Servicer-Driven Foreclosure: Is Stumpfs Company Vicious and Incompetent or Vicious and Greedy?”

Wells Fargo Bank and Patricia Martin Part 2 – A Bank that Cannot Be Trusted

Wells Fargo Bank and Patricia Martin Part 2 – A Bank that Cannot Be Trusted

By Martin Andelman
Mandelman Matters

Reposted from http://mandelman.ml-implode.com/2012/02/wells-fargo-bank-and-patricia-martin-part-2-a-bank-that-cannot-be-trusted/

Okay, so here’s a quick recap, in case you’re coming in late, followed by an update that demonstrates very clearly why I say that Wells Fargo Bank and the law firm, Anglin, Flewelling, Rasmussen, Campbell & Trytten LLP… cannot be trusted.

First the Short Recap…

Patricia Martin, age 65, having lived in her home for 44 years, had major back surgery, so she had to send her daughter into the bank to make two payments. There were late fees of about $80 a month, but the person at Wells Fargo said they could be paid later, and accepted the check for the two payments.

The following month, October, Patricia’s home heating system required major repairs, so the next time she was able to make her mortgage payment was the following month, November. But, when she tried to make the payment, the bank said that she hadn’t made the September payment, and in fact, she was in default, and had to come up with $4829.96 by November 30th, or the bank would foreclose. Continue reading “Wells Fargo Bank and Patricia Martin Part 2 – A Bank that Cannot Be Trusted”

Lawyers CLE Workshop On Foreclosure Defense and Offense in Ft. Lauderdale, FL

Lawyers CLE Workshop On Foreclosure Defense and Offense in Ft. Lauderdale, FL

By Daniel Edstrom
DTC Systems, Inc.

LAWYERS CLE WORKSHOP ON FORECLOSURE DEFENSE AND OFFENSE

SEE LIVINGLIES BLOG FOR DETAILS ON THIS EXCITING REVISION AND IN-DEPTH UPDATE OF GARFIELD CONTINUUM

EARLY BIRD ($995) FOR AN ATTENDANCE PASS TO THE GARFIELD CONTINUUM CLE SEMINAR, 2 DAYS, CLE CREDITS VARY FROM STATE TO STATE, ESTIMATED AT 16 TOTAL CREDITS, 2.5 CREDITS ETHICS.

The PRESENTERS are Neil F Garfield, Esq., Jon Lindeman, Esq., Alex Goldovsky, Dan Edstrom, Lori Enriquez, James Macklin, and Beth Findsen, Esq..

Conference Pass – for Attorneys, includes lunch and seminar materials in digital format .
JUNE 25-26 – in FORT LAUDERDALE, FLA

Retail $1495, EARLY BIRD $995 UNTIL JUNE 15, RESERVE SEATING NOW, SPACE LIMITED

Membership $1395, EARLY BIRD $895 UNTIL JUNE 15, RESERVE SEATING NOW, SPACE LIMITED, Go to livinglies.wordpress.com for membership pricing

Continue reading “Lawyers CLE Workshop On Foreclosure Defense and Offense in Ft. Lauderdale, FL”

Foreclosure Mill Law Firms Starting to Meltdown

Foreclosure Mill Law Firms Starting to Meltdown

Dan Edstrom
DTC Systems, Inc.

Foreclosure mill law firm the Law Offices of David J. Stern, P.A. will be ceasing the practice of law with respect to all pending foreclosure matters in the State of Florida. In an 8-K filing dated March 7, 2011 by DJSP Enterprises, Inc., the following was given:

“Item 8.01 Other Events.

DJSP Enterprises, Inc.’s (the “Company’s”) primary customer, the Law Offices of David J. Stern, P.A., has announced that it will be ceasing the practice of law with respect to all pending foreclosure matters in the State of Florida as of March 31, 2011. As a result, the Company does not expect to receive any further file referrals from this customer.”

Continue reading “Foreclosure Mill Law Firms Starting to Meltdown”

Quantitative Easing Explained

What the Federal Reserve is up to, and how we got here.

CNBC Mortgage Meltdown

Homeowner Dan Edstrom spent one year trying to find out who owned his mortgage. He describes his quest to CNBC’s Michelle Caruso-Cabrera.

Homeowner Dan Edstrom spent one year trying to find out who owned his mortgage. He describes his quest to CNBC’s Michelle Caruso-Cabrera.

source http://classic.cnbc.com/id/15840232?video=1653356156&play=1

Just When You Thought You Knew Something About Mortgage Securitizations

Dan Edstrom is a guy who is in the right place at the right time. His profession? He performs securitization audits (Reverse Engineering and Failure Analysis) for a company called DTC-Systems.

We thank the guys from zerohedge.com for this article!

Make sure you visit them today to learn more…

Just When You Thought You Knew Something About Mortgage Securitizations

by williambanzai7

Dan Edstrom is a guy who is in the right place at the right time.

His profession? He performs securitization audits (Reverse Engineering and Failure Analysis) for a company called DTC-Systems.

The typical audit includes numerous diagrams including the following:

Transaction Parties and Flow (similar to the chart below, but much easier to understand)
Note exchanged for a bond Foreclosure parties
Priority of Payments from the Security Instrument (Mortgage, Deed of Trust, Security Deed or Mortgage Deed)
Priority of Payments from the Pooling and Servicing Agreement

This diagram shows that they are not following the borrowers instructions in the security instrument Continue reading “Just When You Thought You Knew Something About Mortgage Securitizations”