May
15

BIG BANK TAKEOVER | How Too-Big-To-Fail’s Army of Lobbyists Has Captured Washington

How Too-Big-To-Fail’s Army of Lobbyists Has Captured Washington Throughout the financial reform debate, the finance industry has waged an unprecedented assault on the democratic process, spending an estimated $1.4 million per day to influence Congress and hiring 70 members of Congress and 940 former federal employees to lobby on their behalf. The six biggest banks … Read more Related posts:
  1. Bankster Lobbyists Launch ‘Call To Action’ To Crush Financial Reform
  2. Emergency S.O.S.: America Falling to Foreign Bank Takeover
  3. Incoming Chairman of the House Banking Committee Spencer Bachus – “Washington and the regulators are there to serve the banks”
May
15

Will America Ever Recover From The Housing Crisis (INFOGRAPHIC)

~ 4closureFraud.org TweetRelated posts: Infographic | The Higher Education Bubble In America House Oversight Committee | Failure to Recover: The State of Housing Markets, Mortgage Servicing Practices, and Foreclosures #OccupyWallStreet Ten Top 10′s (INFOGRAPHIC) Related posts:
  1. Infographic | The Higher Education Bubble In America
  2. House Oversight Committee | Failure to Recover: The State of Housing Markets, Mortgage Servicing Practices, and Foreclosures
  3. #OccupyWallStreet Ten Top 10′s (INFOGRAPHIC)
May
15

California | Brown Proposes Clever Raid of Foreclosure Fraud Settlement Funds

Brown Proposes Clever Raid of Foreclosure Fraud Settlement Funds This was inevitable. California is $7 billion more in the budget hole than they expected at the end of last year, and they need money from any source. The federal government delivered $410 million to California in the foreclosure fraud settlement. That money is supposed to … Read more Related posts:
  1. Arizona Becomes Latest State to Raid Foreclosure Fraud Settlement Funds
  2. $80.35 Million in Foreclosure Fraud Settlement Funds Now Getting Redirected to State Budgets
  3. California Attorney General Brown Sends Cease and Desist Letter to Ally’s Gmac Until It Proves It Is Complying with the Law
May
15

California | Brown Proposes Clever Raid of Foreclosure Fraud Settlement Funds

Brown Proposes Clever Raid of Foreclosure Fraud Settlement Funds This was inevitable. California is $7 billion more in the budget hole than they expected at the end of last year, and they need money from any source. The federal government delivered $410 million to California in the foreclosure fraud settlement. That money is supposed to … Read more Related posts:
  1. Arizona Becomes Latest State to Raid Foreclosure Fraud Settlement Funds
  2. $80.35 Million in Foreclosure Fraud Settlement Funds Now Getting Redirected to State Budgets
  3. California Attorney General Brown Sends Cease and Desist Letter to Ally’s Gmac Until It Proves It Is Complying with the Law
May
15

Three Ranking Members and Others Introduce Legislation to Protect Servicemembers and Their Families from Foreclosure

Three Ranking Members and Others Introduce Legislation to Protect Servicemembers and Their Families from Foreclosure Plan to Offer Bill as Amendment to National Defense Authorization Act Washington, DC (May 15, 2012)—Today, the Ranking Members of three House Committees—Rep. Elijah E. Cummings of the Oversight and Government Reform Committee, Rep. Bob Filner of the Committee on … Read more Related posts:
  1. $116,785 Each | Department of Justice Announces Compensation for Servicemembers that were Illegally Foreclosed as Part of Settlement with Bank of America
  2. Justice Department Settles with Bank of America and Saxon Mortgage for Illegally Foreclosing on Servicemembers
  3. Homeowners Tax Fairness Act | Legislation Intended to Prevent Tax Increases on the Beneficiaries of the Mortgage Settlement Agreement
May
15

Trashed Out | Cash Buyer Sues Bank Over Foreclosure Error Claim – JPMorgan Chase Changed Locks, Seized Property

KC Man Sues Bank Over Foreclosure Error Claim KANSAS CITY, Mo. — A Kansas City man is taking on banking giant JPMorgan Chase, accusing the company of something that he said would have landed anyone else in handcuffs. Allan Danforth bought a house in a short sale in fall 2010. JPMorgan Chase held the previous … Read more Related posts:
  1. Trashed Out – Deutsche Bank Acts Like Paid Off Home is a Foreclosure – Broke Down Doors, Changed Locks, Stole Belongings along with the Home Owners Sense of Security
  2. “Goat Poo” | Lehman Brothers Holdings Inc v JPMorgan Chase Bank NA AMENDED COUNTERCLAIMS OF JPMORGAN CHASE BANK
  3. JPMorgan Chase Sues Florida Foreclosure Law Firm Ben-Ezra & Katz, P.A. Over Files
May
14

Abigail Field | The Real Volcker Rule: No Gambling with the Public’s Money

The Real Volcker Rule: No Gambling with the Public’s Money Pundits and Wall Street reforming politicians are crowing: Wowie! Jamie D has fought for weak regulations, especially a weak Volcker rule, but now Wall Street’s goose is cooked! We’re going to get a strong Volcker rule! But that gleeful analysis amounts to: We lost the … Read more Related posts:
  1. Acting Comptroller of the Currency John Walsh Testifies on Volcker Rule
  2. Abigail Field | Our Morally Bankrupt Government, Justice Part II: Defending the Rule of Law
  3. Abigail Field | The Bankers’ Subversion of the Rule of Law, Notary and Land Records Edition
May
14

Ally (GMAC) Puts Mortgage Unit Into Bankruptcy

Ally Financial says its Residential Capital mortgage unit seeks Ch.11 bankruptcy protection DETROIT — The U.S. government is hoping that Monday’s bankruptcy filing by Ally Financial Inc.’s troubled mortgage business will help the company repay its government bailout faster. Residential Capital LLC, or ResCap, filed for Chapter 11 bankruptcy protection in New York, unable to … Read more Related posts:
  1. Mortgage Unit Troubles Ally (GMAC) Financial
  2. Mortgage Fraud – Ally/GMAC, BofA, Citi, Chase, OneWest, Wells
  3. Too Bad, So Sad – GMAC / Ally No Longer Sending New Referrals to Florida Default Law Group
May
14

Ally (GMAC) Puts Mortgage Unit Into Bankruptcy

Ally Financial says its Residential Capital mortgage unit seeks Ch.11 bankruptcy protection DETROIT — The U.S. government is hoping that Monday’s bankruptcy filing by Ally Financial Inc.’s troubled mortgage business will help the company repay its government bailout faster. Residential Capital LLC, or ResCap, filed for Chapter 11 bankruptcy protection in New York, unable to … Read more Related posts:
  1. Mortgage Unit Troubles Ally (GMAC) Financial
  2. Letter | Attorney General Martha Coakley urges Congress to investigate Ally Financial’s GMAC over foreclosure practices
  3. Ally (GMAC), Home of Robo-signer Extraordinaire Jeffrey Stephan, Sets Aside $270 Million for Expected Penalties from Foreclosure Fraud Settlement
May
14

Jamie Dimon on Meet the Press (VIDEO)

~ 4closureFraud.org TweetRelated posts: AFSCME | End Dimon Double Duty – “Jamie Dimon has gone from the ‘Last Man Standing’ to ‘the Most Dangerous Man in America Jamie Dimon: To Fix Housing, Everyone Should Get in a Room and Decide to Do My Bidding JPMorgan CEO Jamie Dimon: Stop Bashing the Rich “Acting like everyone … Read more Related posts:
  1. AFSCME | End Dimon Double Duty – “Jamie Dimon has gone from the ‘Last Man Standing’ to ‘the Most Dangerous Man in America
  2. Jamie Dimon: To Fix Housing, Everyone Should Get in a Room and Decide to Do My Bidding
  3. JPMorgan CEO Jamie Dimon: Stop Bashing the Rich “Acting like everyone who’s been successful is bad and that everyone who is rich is bad – I just don’t get it”
May
13

October 2007 Report | The Subprime Lending Crisis – The Economic Impact on Wealth, Property Values and Tax Revenues, and How We Got Here

The Subprime Lending Crisis – The Economic Impact on Wealth, Property Values and Tax Revenues, and How We Got Here As the losses caused by the subprime lending crisis continue to work their way through the financial markets, there is a growing awareness among policymakers and financial market regulators that we need to prevent the … Read more Related posts:
  1. FEDSPEAK Report | The Impact of Vacant, Tax-Delinquent and Foreclosed Property on Sales Prices of Neighboring Homes
  2. Fascinating Report on the Housing and Economic Crisis and Why There Is More Pain to Come
  3. William K Black | How Did a Relatively Small Number of Subprime Loans Cause a Record Crisis?
May
13

Amadeo “A.P.”‘ Giannini | Founder of Bank of America Must Be Rolling Over in His Grave

What Would Giannini Think of Bank of America Today? Amadeo “A.P.”‘ Giannini, the story goes, learned early about how money can make or break people’s lives. When he was a child, a man shot his Italian immigrant father to death because the elder Giannini owed the assailant a dollar. The younger Giannini, of course, went … Read more No related posts.
May
13

SoFla Woman’s 2-Year Battle Gets Mortgage Wiped Out After Document Review Reveals Scott Anderson-Robosigned Paperwork (VIDEO)

In an effort to save her mother’s home, Idania Castro waged a two-year battle with the bank. With the help of attorney Omar Arcia, she won her case. The lender decided to stop all legal proceedings against her because the documents were deemed fraudulent . Castro now owes nothing. ~ 4closureFraud.org TweetRelated posts: Pot, Meet … Read more Related posts:
  1. Pot, Meet Kettle | David J. Stern Launches Legal Battle Against Nation’s Biggest Mortgage Servicers
  2. Take A Look At These Two Assignments – Not Only Scott Anderson Forgery, Notary Fraud/Forgery from Ocwen
  3. Scandalous | Internal Doc Reveals GMAC Filed False Document in Bid to Foreclose
May
12

SUTCLIFFE v. WELLS FARGO BANK | Wells Fargo Loses Bid to Dismiss Homeowner Suit RE Permanent Loan Mod

Wells Fargo Loses Bid to Dismiss Homeowner Suit SAN FRANCISCO (CN) – A federal judge dismissed part of a class action accusing Wells Fargo of offering temporary loan modifications without the intention of ever making the modifications permanent. U.S. Magistrate Joseph Spero found the class failed to state a claim for breach of contract or … Read more No related posts.
May
12

SUTCLIFFE v. WELLS FARGO BANK | Wells Fargo Loses Bid to Dismiss Homeowner Suit RE Permanent Loan Mod

Wells Fargo Loses Bid to Dismiss Homeowner Suit SAN FRANCISCO (CN) – A federal judge dismissed part of a class action accusing Wells Fargo of offering temporary loan modifications without the intention of ever making the modifications permanent. U.S. Magistrate Joseph Spero found the class failed to state a claim for breach of contract or … Read more No related posts.
May
12

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award The National Notary Association, the leader in best practices, training, and advocacy for the nation’s community of 4.4 million Notaries, has named Nevada Attorney General Catherine Cortez Masto as its 2012 March Fong Eu Achievement Award recipient for her … Read more No related posts.
May
12

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award The National Notary Association, the leader in best practices, training, and advocacy for the nation’s community of 4.4 million Notaries, has named Nevada Attorney General Catherine Cortez Masto as its 2012 March Fong Eu Achievement Award recipient for her … Read more No related posts.
May
12

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award The National Notary Association, the leader in best practices, training, and advocacy for the nation’s community of 4.4 million Notaries, has named Nevada Attorney General Catherine Cortez Masto as its 2012 March Fong Eu Achievement Award recipient for her … Read more No related posts.
May
12

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award The National Notary Association, the leader in best practices, training, and advocacy for the nation’s community of 4.4 million Notaries, has named Nevada Attorney General Catherine Cortez Masto as its 2012 March Fong Eu Achievement Award recipient for her … Read more No related posts.
May
12

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award The National Notary Association, the leader in best practices, training, and advocacy for the nation’s community of 4.4 million Notaries, has named Nevada Attorney General Catherine Cortez Masto as its 2012 March Fong Eu Achievement Award recipient for her … Read more No related posts.
May
12

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award The National Notary Association, the leader in best practices, training, and advocacy for the nation’s community of 4.4 million Notaries, has named Nevada Attorney General Catherine Cortez Masto as its 2012 March Fong Eu Achievement Award recipient for her … Read more No related posts.
May
12

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award

National Notary Association Honors Nevada Attorney General Catherine Cortez Masto with March Fong Eu Achievement Award The National Notary Association, the leader in best practices, training, and advocacy for the nation’s community of 4.4 million Notaries, has named Nevada Attorney General Catherine Cortez Masto as its 2012 March Fong Eu Achievement Award recipient for her … Read more No related posts.
May
12

Arizona Becomes Latest State to Raid Foreclosure Fraud Settlement Funds

Arizona Becomes Latest State to Raid Foreclosure Fraud Settlement Funds We now have yet another state diverting a large portion of the hard dollar funds they received from the foreclosure fraud settlement, and instead of using them to help homeowners, moving them to cover a budget hole. The latest example concerns Arizona, one of the … Read more Related posts:
  1. $80.35 Million in Foreclosure Fraud Settlement Funds Now Getting Redirected to State Budgets
  2. BofA Lawsuit to Stay in State Court | State of Arizona vs. Countrywide, Bank of America, et al
  3. Latest 50 State Attorney General Settlement w/ Banks is Worth Less than 2 Months Rent to Harmed Homeowners
May
12

Arizona Becomes Latest State to Raid Foreclosure Fraud Settlement Funds

Arizona Becomes Latest State to Raid Foreclosure Fraud Settlement Funds We now have yet another state diverting a large portion of the hard dollar funds they received from the foreclosure fraud settlement, and instead of using them to help homeowners, moving them to cover a budget hole. The latest example concerns Arizona, one of the … Read more Related posts:
  1. $80.35 Million in Foreclosure Fraud Settlement Funds Now Getting Redirected to State Budgets
  2. BofA Lawsuit to Stay in State Court | State of Arizona vs. Countrywide, Bank of America, et al
  3. Latest 50 State Attorney General Settlement w/ Banks is Worth Less than 2 Months Rent to Harmed Homeowners
May
12

Forensic Accounting Expert, Thomas A. Myers | CDS and Synthetic CDOs Explained (VIDEO)

Nationally renowned forensic accounting expert, Thomas A. Myers, explains the fundamentals of credit defaults swaps and synthetic CDOs (collateralized debt obligations). These structured finance products were at the heart of the market meltdown, and were the building blocks of numerous allegedly fraudulent transactions, including the Goldman Sachs ABACUS deal, a transaction that caused the SEC … Read more Related posts:
  1. SEC Charges Goldman Sachs With Fraud in Structuring and Marketing of CDO Tied to Subprime Mortgages
  2. Regulators Inch Forward on Investigations, Settlements of Dubious CDO Dealings
  3. Video – Bernanke’s Quantitative Easing Explained
May
12

You’re Fired | OCC Statement: Cessation of Activities by Allonhill as an Independent Consultant Under the Independent Foreclosure Review

OCC Statement: Cessation of Activities by Allonhill as an Independent Consultant Under the Independent Foreclosure Review WASHINGTON — As a result of information provided to the Office of Comptroller of the Currency (OCC) by Allonhill, the OCC has directed Allonhill to cease reviewing files related to the Independent Foreclosure Review as a primary independent consultant … Read more Related posts:
  1. Independent Foreclosure Review Fail | NY Times – Foreclosure Relief? Don’t Hold Your Breath
  2. Independent Foreclosure Review | OCC Says Independent Consultants Can’t Contact Borrowers
  3. Federal Reserve’s Independent Foreclosure Review and HAMP Escalations Review
May
12

The Evolution of the Democratic Plantation (VIDEO)

One cannot change reality by changing the words you use to describe reality. Look beneath the rhetoric, and glimpse the truth. ~ 4closureFraud.org TweetNo related posts. No related posts.
May
12

BONY v PINO | Catch the Replay of the Florida Supreme Court Oral Arguments Here

11:47…. your homeowner isn’t paying his mortgage …. Justice Canady 12:17…. are you authorized to represent Roman Pino?…. Justice Canday 16:30….what was the harm to Pino? Isn’t this all moot? If in fact the bank had the right to foreclose……what do you have the right to recover for???? Justice Canady Biased? Transcript here… ~ 4closureFraud.org … Read more Related posts:
  1. BONY V PINO | Florida Supreme Court Oral Arguments Live Thursday May 10, 2012 @ 9:00AM EST
  2. Pino v BONY | Florida Supreme Court to Review Dismissed Foreclosure Lawsuit Against Greenacres Man
  3. Bank Satisfied Mortgage in PINO after Fraudclosure Exposed But Can’t Seem to Pay Off Four Judges in the Florida Supreme Court
May
11

Matt Gardi | Save the Teachers! – Divest from Fannie Mae

Save the Teachers! – Divest from Fannie Mae What would you rather invest in, our kids, or a failed quasi-federal boondoggle? Would you prefer to invest in our kids and teachers, or invest in a failed banker led company in conservatorship, whose assets are comprised primarily of the most toxic mortgage backed securities, whose liability … Read more Related posts:
  1. Florida Fraudclosure Fighter Matt Gardi Files for Clerk of Court
  2. Matt Gardi | Key West News – Untangling the Foreclosure Mystery
  3. Matt Gardi | Key West News – HOW THE DOG ATE MY MORTGAGE ASSIGNMENT – PART 2
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