SPML/LMC anyone claimed for mis selling and unfair charges?

[enoughisenough]

Fitch Ratings - London - 15 December 2008: Fitch Ratings has today downgraded eight and affirmed five tranches from Eurosail 06 - 3 NC Plc, an RMBS transaction containing loans originated by Southern Pacific Mortgage Limited and Southern Pacific Personal Loan Limited. The ratings are listed below

 

EXCEPT THEY ARE'NT!!! BECAUSE WHEN YOU CLICK ON THE LINK IT SAYS THIS STORY IS NOT AVAILABLE! I"M BEGINNING TO SMELL A RAT! Information in the public domain being pulled? mmmm, how convenient.

[enoughisenough]

Supersleuth.

 

Bowing to your greater knowledge can you PM me and I'll get straight back. I think I've found something very interesting But don't want to put it out until I've got a second opinion.

 

Ta EIE

[enoughisenough]

None that I can Find!

 

I'll keep digging though.

 

Check your PM regularly though teehee!

[enoughisenough]

Do you not think that this might cast just a smidgen of doubt?

[enoughisenough]

Can't argue with anyone here. Looks like I'll be very soon charged with trying to make that point stick. Then if I do either the big guns will come out OR they'll try and keep it secretive. I simply don't think the District Judge is the appropriate level of hierarchy for this. Circuit judge at least. Oh and does anyone know if Carmel would appear as an expert witness for me. Things could get very interesting then?

[enoughisenough]

too right. I want to pay my 2nd mortgage even to these shisters. I only have two conditions 1) that the payments I am asked to make are fair in all respects and 2) that the term I signed up for Is the term over which I repay. Can't ask fairer than that. Carmel anyone - this would be really good, I need to get my defence in soon and I'll need to state this.

[enoughisenough]

Anyone on Carmel? This could make a huge difference to everyone!

[enoughisenough]

OK I'll try to put it another way to see if I can get an answer.

 

Carmel Butler, as most of you will know, made a detailed extensive and authoratative submission to the Treasury Select Committee on THIS very subject. I'm sure given her expertise and her views and the fact that she has made several strong recommendations that she would be willing to appear on someone's behalf or as an expert witness. There will be lots of cases in the offing, and we could help hundreds this month and thousands in the months to come if we can get her contact details. Obviously it's her choice. So ANYONE ???obviously do NOT POST ON OPEN!!!

 

Cheers.

[enoughisenough]

GUYS

 

It's clearly **** or bust. Therefore we need the following:

 

1. Someone with the balls and the nous to take it on. So anyone who has a repo in the next month from any of these sharks should be working flat out to get it 110% copper bottomed as LOTM has suggested. Every i dotted & every t crossed.

 

Superslueths advice is 2nd to none on this but even He/she (sorry supersleuth I haven't read your profile!) can't do everybody's (or even one person's) documentation, assembly of evidence and preparation of bundle. So it needs someone to test the water, because if no-one does then the sad tide of repos will go up and up and up at everyone's (ever long lasting expense)

 

2. No-one should, in the words of the great W Bush 'misunderestimate' the nature of the task. However, this is after all a pilot show, a toe testing of the water. County court decisions are NOT binding either on other County courts or further up the hierarchy. However there is an appeal process if the District Judge is not interested.

 

They're handling more and more repos and don't want complex legal argument and masses of documentation put forward before them as if it were a case in CA or HOL. Treading carefully is therefore of the utmost importance. In fact i regard this of such fundamental importance that we peeps need to keep shtum on this because there will always be a trawler for the oppo.

 

3. More is needed to make this stick but one man challenged the banks on their charges and....

 

 

I have more to say on this but only on PM

[enoughisenough]

Lost sight of your prior controversial comments. will need therefore to go back through the posts. In the initial circumstance could you give some basic details of their claim and your defence, and why it resulted in a suspended order? THIS WOULD BE MOST GRATEFULLY RECEIVED! Your lenderv if you want to PM me would also be good

 

Cheers EIE. Keep the Faith.

[enoughisenough]

I'll check this out but it may take me some time as I'm at work. In the meantime if anybody else checks it out, please let us know. I think this looks promising but as far as SPPL are concerned I think the securitised loans were credit rated by standard and poor. Could still throw up soemthing. Also check Moodys. One of these greedy muppets gave Lehman brothers a clean bill of health on the day it collapsed. Search BBC World Service for the podcast Assignment rating the credit ratings. Very interesting listening and directly relevant to us.

[enoughisenough]

Excellent Rebuttal to FatBigot from Anononymous on the blogspot. I am now in the process of enforcing Disclosure by writing to the court and shall ask for indefinite adjournment until they fully comply with CPR 31 and my SAR.

[enoughisenough]

Hi Crapstone.

 

In short the only thing they will respect is getting legal on their collective arses. This bunch of muppets will do anything and they need to be brought to book. I read elsewhere on this thread someone actually sent bailiffs round to their office.

 

1. Compile a list of all charges with the exception of payments and interest.

2. Give them 14 days to refund these onto your account. Templates are available on this site but I'm not the best person to ask where they are. Somebody will help though.

3. If they don't (which you know they wont) file a claim in your County Court adding 8% interest.

4. this will give them 28 days to file a defence

5. when they don't, which we know they wont, apply for judgment by default.

6. then write again giving the ball-less wonders 7 days.

Then when they still don't respond get a warrant of execution, ask for bailiff attendance at their registered address and get a CCJ applied against THEM. Whilst bailliff action is outstanding it helps everyone here because I believe They have to 'suspend their normal operations' i.e screwing people and their families out of hard earned cash and homes.

 

There's no point pussy footing around with these arrogant w**k**s. BRING THEM TO BOOK or they'll try and p**s all over the lot of us. Oh and forget the OFT. Still notify them etc, but don't expect anything from them. They all went to the same schools.

 

Then again, so did we, and we're every bit as resourceful as these clowns.

 

good luck.

 

EIE

[enoughisenough]

Hi super. You beauty! you keep hitting that nail right on the head.

 

I'll pm you later on today with some interesting developments and a proposal which could benefit all which I want to run by you first before I act on it.

 

Keep the faith. EIE

[enoughisenough]

Absolutely right.

 

Now make sure you get it spot on. They will waste your time otherwise! Help is always available here and you can always PM for second opinions. THese muppets trawl this site just to see what they can glean. Use the forum for their abuse (that way it's in full public glare) and us the PM for specialist advice relating directly to your case. Other caggers are trying real hard to put a stop to this abuse, and we will prevail.

[enoughisenough]

OK EIE is going for it from his newly acquired comfort zone!

 

If a formidable SAR can get them to back down anything is possible.

 

Help in assembly of the defence will be appreciated. I will keep all you guys posted.

 

These muppets will deny sunrise as it's staring them in the face. it's sunsrise for us and sunset for them!

[enoughisenough]

Jesus These People.

 

Preying On The Vulnerable Or What?

When You Touts Read This Go Hang Yourselves (not Your Heads In Shame) I Really Mean Hang Yourselves. Go And Get Real Jobs That Don't F**k People Over. What An Absolute Disgrace. Probably Manufactured Charges At That.

[enoughisenough]

This is an outstanding development!

 

All eyes on this one.

 

Cheers EIE. Keep the faith.

[enoughisenough]

Interpretation in 3 easy steps

 

There are three rules

 

Rule number 1: The literal rule:strict interpretation of the actual words used in an act of parliament should be applied unless an absurdity or clear injustice arises.

 

Rule number 2: The Golden Rule: narrow or wider interpretation may be used where the absurdity/clear injustice arises by application of the 1st rule. Hence alternative meanings of the words may be explored/exploited by clever legal persons and get them on a feeding frenzy.

 

3. The Mischief Rule: Benefits most caggers: Simply put, what mischief or wrong doing was parliament trying to remedy in enacting any relevant legislation.

 

These are the rules of language which judges from the HOL right down to CC level use. Any act of parliament contains a preamble. The preamble is the key, as it states parliament's intentions in passing the Act. Any Acts we are dealing with here will have a preamble - i.e. giving reasoning behind their overall intention. Caggers must look beyond the words of an act and start getting at the intention. This is but a brief guide to statutory interpretation.

 

Start getting briefed up guys and gals.

 

Cheers EIE. (as always) Keep the faith!

[enoughisenough]

the literal rule would not be followed in absurdum -that's partly why the other rules exist and partly why the barristers feast. This in essence is what they get paid for - arguing the toss over the rules and why the other rules exists in first place.

 

Having said this I'm all for counter opinion. The more fiercely contested a position the more likely it is to become more than merely pursuasive.

 

Excellent contributions by the way peeps.

 

Cheers EIE

[enoughisenough]

Interesting link:

 

Can a mod move this to Welcome Finance/Cattles for me please. It might garner some interest over there!

 

BBC NEWS | Business | Sub-prime lender facing £700m hit

[enoughisenough]

Contrast with this!

 

Cattles | CR

[enoughisenough]

Idiots.

 

Capstone obviously. Not you lovely people. Issue a claim against them and see how they like it. What a bunch of inept t*****s.

 

Just remember that these people were the kids you always hated at school - arrogant, stupid and the bullying type. You'd feel sorry for them if they weren't being employed all day trying to screw hard working people out of their homes.

 

They make me sick. Why don't they get a real job that contributes to the real economy? Greed + avarice = moral failure. Pity not for them. Their conscience (such that they have one) will make their elder years a living hell.

 

Cheers all EIE. and ALWAYS Keep the Faith.

[enoughisenough]

Keep the pressure up on them. I do believe it's beginning to tell. They will not respond to SAR, even with CPR 31.6 if it's already in litigation.

 

If they hadn't been so quick to jump down people's throats they wouldn't have had all this. They must have expected some kind of reaction, but they don't seem that prepared for the one they got.

 

 

The key at the moment is to cast enough doubt before the DJ on the CB securitisation stuff but also to go for other angles such as UTCCRs, CCA 2006. I'm with smarterchick on this one. The door isn't open yet but we should definitely keep knocking. We have only have to get lucky once, they have to be lucky ad infinitum, and the odds are they won't be.

[enoughisenough]

No not at all...absolutely right. Apologies if my post seemed to suggest anything different. Time and pressure with us all chipping away at various points will reveal their achilles heel. Judges need to be brought up to speed and fast. Maybe it's time to contact the erstwhile Lord Chancellor's department and get some practice directions flowing down to the county courts. Let's get a petition organised. Thoughts anyone?