Feb
22

Legal Fees Mount at Fannie and Freddie

Legal Fees Mount at Fannie and Freddie Taxpayers have advanced almost $50 million in legal payments to defend former executives of Fannie Mae and Freddie Mac in the three years since the government rescued the giant mortgage companies, a regulatory analysis has found. In that time, $37 million has gone to three former Fannie Mae … Read more Related posts:
  1. Letter | Elijah Cummings to Edward DeMarco RE Freddie and Fannie Fees
  2. Report | Federal Housing Finance Agency’s Oversight of Fannie Mae’s and Freddie Mac’s Executive Compensation Programs
  3. FBI LAUNCHES PROBE OF FANNIE, FREDDIE
Feb
22

Citizen’s Report on HB 213 Florida Foreclosure Act

To the members of the Florida House Judiciary Committee, It should be made known that the members of this Foundation, and an incredibly large number of informed citizens and residents of the State of Florida are growing tired of the treasonous games being played by our elected ‘leaders’. Stop these Bills now, or you will … Read more No related posts.
Feb
22

Two Wall Street Players Ensnared in New Probe

Two Wall Street Players Ensnared in New Probe by Jake Bernstein ProPublica More than three years after the financial crisis, Wall Street watchdogs are still uncovering questionable actions rooted in that time. The latest revelation involves one of the more creative packagers of securities who contributed to a trail of billions in soured deals, as … Read more Related posts:
  1. What Does Wall Street Do for You? (Harm IMHO) Perhaps the best way to really appreciate what Wall Street does is to imagine life without it.
  2. Lee Camp | “Wall Street Is Dirtier Than Occupy Wall Street”
  3. Conspiracy FACT – Jesse Ventura, How Wall Street Destroyed Main Street
Feb
22

Foreclosure act winds through state legislature (VIDEO)

~ 4closureFraud.org TweetRelated posts: CNBC Tweet | New York AG Schneiderman Expected To Join Multi-State Mortgage Settlement-New York AG Schneiderman To Hold Media Call At 6pm ET The Florida Legislature has Legalized its Own Direct Bribery | It is Now Legal to Pay off the Florida Legislature #AGOs TWEET | AG Coakley to hold press … Read more Related posts:
  1. CNBC Tweet | New York AG Schneiderman Expected To Join Multi-State Mortgage Settlement-New York AG Schneiderman To Hold Media Call At 6pm ET
  2. The Florida Legislature has Legalized its Own Direct Bribery | It is Now Legal to Pay off the Florida Legislature
  3. #AGOs TWEET | AG Coakley to hold press conference at 1pm regarding a major lawsuit against 5 national banks
Feb
22

FLORIDA (UN)FAIR FORECLOSURE ACT HR 213 LIVE IN COMMITTEE THIS MORNING VIDEO HERE

Web coverage of the House Judiciary Committee Hearing, Wednesday February 22 The FL House Judiciary Committee will hold a hearing today beginning at 8AM scheduled to last four (4) hours. There are many items the committee will be addressing including HB213; we do not know where HB213 is on the schedule and even if we … Read more No related posts.
Feb
21

Neil Barofsky on U.S. Foreclosure Fraud Settlement (VIDEO)

Feb. 21 (Bloomberg) — Neil Barofsky, former special inspector for the U.S. Treasury’s Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about the settlement with U.S. lenders over foreclosure abuses. He speaks with Erik Schatzker on Bloomberg Television’s “InsideTrack.” ~ 4closureFraud.org TweetNo related posts. No related posts.
Feb
21

Irish Eviction Defense | Constitution Halts Sheriff

This was just sent to me (from Ireland?) On the 20 February 2012 the deputy Sheriff arrived at another Irish family’s home to repossess it and give the keys to the bank in Co Laois. Thus putting another Irish family onto the streets. People from http://DefendOurHomesLeague.ie http://ItsNotOurDebt.com http://FreedomFromAllDebt.com , http://UnitedLeftAlliance.org and everyone else that was … Read more Related posts:
  1. BRAVO! | The No-Evictions Sheriff – Cheri Honkala, A Sheriff Who Will Stand Up for Families, Not Banks
  2. EMERGENCY Eviction Defense in Solidarity w/ Angela Samuels Tuesday, Jan. 3, 2012 1740 N.W. 46th St, Miami
  3. Go Irish! | My Favorite Irishman is back to Share his Views of Wall Street
Feb
21

Price Check | An Example of the Cost of Securitization Fail and Fraudclosure to Retirement Funds, Pensions & Municipalities

Price Check A particularly determined opponent of fraudclosures refused to allow his constitutional property rights and his constitutional due process rights to be violated. He fought and fought and fought. Mr. Duvall’s case went all the way up to the Ohio Supreme Court, where the fraudclosing entity realized the weakness of their position and the … Read more Related posts:
  1. Suntrust & BoA Securitization Fail = Fraudclosure + More Unendorsed Notes
  2. Sat. Oct 15th SAVE THE DATE – SARASOTA, FLORIDA – FRAUD AWARENESS TEACH IN (Property Records, Investments by Pensions & Municipalities, Foreclosure)
  3. Ohio FRAUDclosure Blogger Brief to Supreme Court of Ohio
Feb
21

Eaton v. Federal National Mortgage Association | Massachusetts Home Seizures Threatened in Loan Case: Mortgages

Massachusetts Home Seizures Threatened in Loan Case: Mortgages Feb. 21 (Bloomberg) — The highest court in Massachusetts is poised to rule as soon as this month on a foreclosure case that could lead to a surge in claims from home owners seeking to overturn seizures. The justices are deciding whether to uphold a lower court … Read more Related posts:
  1. Massachusetts | Supplemental and Friend-Of-The-Court Briefs Filed In Eaton v. Federal National Mortgage Ass’n (Fannie Mae)
  2. Fannie Mae Refuses to Return $42 Million Worth of “Stolen” Mortgages – SUFFOLK FEDERAL CREDIT UNION, Plaintiff, vs. FEDERAL NATIONAL MORTGAGE ASSOCIATION Defendant.
  3. Eaton – Dividing the Mortgage Loan and Affirming the Consequent
Feb
21

Video of Senate Judiciary Committee on Florida’s Fraudclosure Bill 2/20/2012 (REPLAY)

Click through to view I urge you to watch and listen to the video of Monday’s Senate hearing (http://www.flsenate.gov/Media/VideoPlayer.cfm?VideoPath=201202/sjud_022012.mp4) just after an exchange between Senator Richter and Senator Latvala at 33:18 on the video, Senator Latvala says: “…and perhaps there’s some people who don’t see a real reason to go out and get a good … Read more Related posts:
  1. Foreclosure bill fight sharpens | Senate Judiciary Committee puts contentious legislation to streamline foreclosures on fast track
  2. Oregon | Re: PRR 174 – Public Records Request Acknowledgment on Oregon House Judiciary Committee Records Dash-7 Amendment to Senate Bill 519
  3. Action Alert | LIVE SESSION SB 1890: Mortgage Foreclosure Proceedings, (un)Fair Foreclosure Act – Senate Judiciary, 02/20/12, 10:30 am
Feb
21

Bill Black: Is Obama Getting Serious About Bank Fraud? (VIDEO)

Bill Black: Are Pres. Obama’s new measures effective or window dressing? ~ 4closureFraud.org TweetRelated posts: Must View Video | Bill Black: Jobs Now, Stop the Foreclosures, Jail the Banksters Bill Moyers Journal – William K. Black on Fraud William Black: #OccupyWallStreet A Counter to White-Collar Fraud (VIDEO) Related posts:
  1. Must View Video | Bill Black: Jobs Now, Stop the Foreclosures, Jail the Banksters
  2. Bill Moyers Journal – William K. Black on Fraud
  3. William Black: #OccupyWallStreet A Counter to White-Collar Fraud (VIDEO)
Feb
21

Foreclosure bill fight sharpens | Senate Judiciary Committee puts contentious legislation to streamline foreclosures on fast track

“the fact is the homeowner will be foreclosed on, because someone holds the note and the homeowner didn’t pay his mortgage” ~ Kathleen Passidomo ~ Foreclosure bill fight sharpens Senate Judiciary Committee puts contentious legislation to streamline foreclosures on fast track The bill tromps on the homeowner’s right of due process and gives a pass … Read more Related posts:
  1. SB 1890 | Senate Committee Adopts Speedy Foreclosure Bill
  2. Oregon | Re: PRR 174 – Public Records Request Acknowledgment on Oregon House Judiciary Committee Records Dash-7 Amendment to Senate Bill 519
  3. Florida Senate Judiciary Committee meeting on Speeding Up Fraudclosures Nov 17 (notice, packet, attendance, Agenda, Podcast)
Feb
21

Two Sets of Books | Loan Balance – MBS Report Conflicts with Servicer Affidavits Presented to Courts & Homeowners

Two Sets of Books This is a whole ‘nother kettle of stinking fish. Again, these insolvent banks prove that they are all making up these facts, sums, figures, and accounting tricks. Here is one example from a fraudclosure on Amos Delva’s home. There’s all manner of fraudclosure tactics involved, including unreported modification payments, magically appearing … Read more Related posts:
  1. New Florida Attorney General Report on Fraudclosures Presented to the FL Senate Banking and Insurance Committee
  2. GAO Finds Serious Conflicts at the Fed | The Sanders Report on the GAO Audit on Major Conflicts of Interest at the Federal Reserve
  3. EXCLUSIVE | The Sophisticated and the Scammed – MBS Trusts Keeping Assets on the Books Long After they are Liquidated
Feb
21

Adam Levitin, Susan Wachter White Paper | The Commercial Real Estate Bubble

The Commercial Real Estate Bubble Adam J. Levitin Georgetown University Law Center Susan M. Wachter University of Pennsylvania – The Wharton School – Real Estate Department February 7, 2012 Georgetown Law and Economics Research Paper No. 1978264 Georgetown Public Law Research Paper No. 1978264 Abstract: Two parallel real estate bubbles emerged in the United States … Read more Related posts:
  1. Adam Levitin and Tara Twomey White Paper on Mortgage Servicing
  2. Report | Alert To Problems Of Grossly Inaccurate Documents Used In The Land Title Underwriting For Commercial Real Estate Financing
  3. Explaining the Housing Bubble – A Georgetown University Law Center Paper
Feb
21

Report | Alert To Problems Of Grossly Inaccurate Documents Used In The Land Title Underwriting For Commercial Real Estate Financing

Alert To Problems Of Grossly Inaccurate Documents Used In The Land Title Underwriting For Commercial Real Estate Financing From the report. Harbinger Analytics Group has discovered a widespread problem of inaccurate (and fraudulent) documents used in the land title underwriting for commercial real estate financing. This fraud is accomplished through inaccurate and incomplete filings of … Read more Related posts:
  1. NORTH CAROLINA REAL ESTATE SPECULATOR PLEADS GUILTY TO BID RIGGING IN REAL ESTATE FORECLOSURE AUCTIONS
  2. Defective Real Estate Documents: What Are the Consequences?
  3. Naked Capitalism – Latest Real Estate Time Bomb: Title of Foreclosed Properties Clouded; Wells Fargo Dumping Risk on Hapless Buyers
Feb
21

Oregon | House Proposal Would Weaken Senate Foreclosure Protection Bills, Validate MERS Retroactively

The amendment would roll back a set of emergency regulations issued by Attorney General John Kroger last month. The rules brought mortgage servicers under the purview of the Oregon Unlawful Trade Practices Act, which gives homeowners another weapon in court and the right to recover attorneys’ fees if they win. It would also retroactively validate … Read more No related posts.
Feb
21

Homes on the Homefront | Chase To Donate 100 “Bank Owned” Homes to Military, Wounded Warriors

Now don’t get me wrong. I’m all for homes being donated to our military members. I just have a problem that they were taken from another family to begin with. ~ Operation Homefront Launches “Homes on the Homefront” Program Chase To Donate 100 Homes and Support to Nonprofit SAN ANTONIO, Feb. 20, 2012 /PRNewswire-USNewswire/ — … Read more Related posts:
  1. Military “Deadbeats” | JP Morgan Chase Overcharged Troops on Mortgages and Illegally Foreclosed on Military Families
  2. MILITARY FORECLOSURE RATE UP 32% OVER 2008 | 20,000 Servicemembers, Veterans Lost their Homes in 2010
  3. Michigan | Closings Canceled on Some Bank-Owned Homes After Court Rules Against MERS
Feb
21

How About Them Fraudsters? Former Cowboy Lockhart Faces 10 Years After Mortgage Fraud Conviction

How About Them Fraudsters? Former Cowboy Lockhart Faces 10 Years After Mortgage Fraud Conviction Lockhart was involved with real estate entities, some formed by him and Tisdale, which had names that were often derived in some fashion from a reference to the Dallas Cowboys, including America’s Team Mortgage; America’s Team Realty; America’s Team Funding Group; … Read more Related posts:
  1. Foreclose on the Foreclosure Fraudsters, Part 2: Spurious Arguments Against Holding the Fraudsters Accountable
  2. Bank of America at it AGAIN! Central Florida Couple Faces Foreclosure Despite Having Proof That All Mortgage Payments Were Made
  3. United States vs Deutsche Bank | Deutsche Bank Faces US Mortgage Fraud Lawsuit
Feb
21

They’re Still Trying to Spin This (Robosigning “Settlement”)

The Market Ticker – They’re Still Trying to Spin This (Robosigning “Settlement”) The stupid, the stupid, make it stop! The $25 billion mortgage settlement negotiated on Feb. 9 by the administration and 49 state attorneys general with five big banks has been greeted with considerable political suspicion. Conservatives see a shakedown and liberals dismiss it … Read more Related posts:
  1. Well Now Isn’t This Interesting… A New Spin on Bank Fraud: Banks Defrauding Their Investors, Auditors and Regulators RE Foreclosures
  2. Jeff Thigpen | Robosigning: Fraud and Foreclosure (VIDEO)
  3. Shareholders and Robosigning: Is Wells Fargo Ruling a Portent?
Feb
21

Abigail Field | The Foreclosure Fraud Iceberg

The Foreclosure Fraud Iceberg U.S. Housing Secretary Shaun Donovan is playing Julie the Cruise Director on the Titanic, telling everyone ‘Don’t worry, there’s no icebergs in these waters. Really, if you see any floating ice in front of us, it’s not the visible tenth of a catastrophe to come.’ Unfortunately ice is visible, it is … Read more Related posts:
  1. Ellen Brown | Why the AGs Must Not Settle: Robo-signing Is Just the Tip of the Iceberg
  2. Abigail Field | Hey AGs: Banks Aren’t Credible Negotiating Partners
  3. Abigail Field | NV AG Masto Defends Nevadans Against a Rushed and Bad Servicer Settlement
Feb
21

Corrections Corporation of America (CCA) | Private Prison Company to Demand 90% Occupancy

Private Prison Company to Demand 90% Occupancy The nation’s largest private prison company is offering cash-strapped state governments to buy up their penitentiaries and manage convicted criminals at a cost-savings. But there’s a catch…the states must guarantee that are there are enough prisoners to ensure that the venture is profitable to the company. Corrections Corporation … Read more Related posts:
  1. MBIA Insurance Corporation v. Bank of America Corp., Countrywide Financial Corporation, Countrywide Home Loans, et. al.
  2. Securities and Exchange Commission v. Bank of America Corporation, Civil Action Nos. 09-6829, 10-0215
  3. BRIEF OF AMICUS CURIAE STATE OF UTAH AG MARK L. SHURTLEFF | PENI COX vs RECONTRUST COMPANY; BANK OF AMERICA, et al
Feb
20

Jeff Thigpen | I’ve filed for Re-Election as Guilford County Register of Deeds and I need your help

Friends, I am letting you know I’ve filed for re-election as Guilford County Register of Deeds. We’ve made many positive changes over the last four years–enhancing technology, cross training employees, and saving Guilford County Government hundreds of thousands of dollars. That dedication has not gone unnoticed. The Guilford County Register of Deed’s commitment to excellence … Read more Related posts:
  1. Open Letter to Jeff Thigpen, Guilford County, NC Register of Deeds and John O’Brien, Southern Essex County, Massachusetts Register of Deeds
  2. Press Release | Guilford County Register of Deeds Jeff Thigpen Uncovers Possible Fraud by Wells Fargo, Bank of America, and MERS
  3. Foreclosure Fraud | Guilford County Register of Deeds Jeff Thigpen and Lynn Szymoniak to Hold Press Conference Wednesday at 10 AM
Feb
20

EXCLUSIVE | The Sophisticated and the Scammed – MBS Trusts Keeping Assets on the Books Long After they are Liquidated

The Sophisticated and the Scammed Each time an investor group or shareholder sues a financial institution for MBS damages, the financial institution files a response stating the investors “were sophisticated investors who knew or should have known of big problems.” We are beginning to uncover and expose continuing scams, fraud, and theft (hint: monthly renewing … Read more No related posts.
Feb
20

SB 1890 | Senate Committee Adopts Speedy Foreclosure Bill

Senate committee adopts speedy foreclosure bill by Kim Miller The Senate Judiciary Committee approved this morning its version of a quickie foreclosure bill that would reduce the amount of time a bank could pursue a homeowner for back debt, and aims to rapidly churn through cases where a home is abandoned. The 5-2 vote in … Read more Related posts:
  1. The Florida (un)Fair Foreclosure Bill Passes Florida House Economic Affairs Committee 12-4
  2. Action Alert | LIVE SESSION SB 1890: Mortgage Foreclosure Proceedings, (un)Fair Foreclosure Act – Senate Judiciary, 02/20/12, 10:30 am
  3. EMERGENCY PRESS RELEASE | SB 1890 IN JUDICIARY COMMITTEE MONDAY MORNING
Feb
20

URGENT DOER ALERT – Wells Fargo You’ve deceived, confused and beaten another senior into submission

URGENT! I NEED DOERS RIGHT NOW! by Mandelman This is the story of Patricia Martin, 65 years old, disabled by a crippling back injury, after suffering a stroke and a heart attack, now with a heart function approximately 35 percent of normal. This is a woman who owned her home since purchasing it with her … Read more Related posts:
  1. Mandelman | DOER ALERT: Wells Fargo this is Unnecessary, Unreasonable and Unthinkable
  2. DOER ALERT | Wells Fargo Bank Eviction… How could you do this to a mother of four?
  3. FORECLOSURE FRAUD MUST STOP NOW! TELL WELLS FARGO TO DO THE RIGHT THING AND REVERSE THE BIEN-AIMÉ’S FORECLOSURE
Feb
20

Matt Weidner | Mortgage Notes Are NOT NEGOTIABLE INSTRUMENTS – Foreclosing in a Hurricane

Mortgage Notes Are NOT NEGOTIABLE INSTRUMENTS – Foreclosing in a Hurricane Repeat a lie long enough until it becomes the truth. That’s what’s occurring in the space of negotiable instruments and the Uniform Commercial Code. The bottom line is mortgage notes are NOT negotiable instruments. What is the definition of a negotiable instrument? Well, Florida … Read more Related posts:
  1. Matt Weidner | Yes, A Thief Can Use Courts To Steal A Home In Florida
  2. Matt Weidner | The Revolution Began In Florida…
  3. Matt Weidner | AMERIKA – Land of Millions of Political Prisoners
Feb
20

Matt Weidner | Mortgage Notes Are NOT NEGOTIABLE INSTRUMENTS – Foreclosing in a Hurricane

Mortgage Notes Are NOT NEGOTIABLE INSTRUMENTS – Foreclosing in a Hurricane Repeat a lie long enough until it becomes the truth. That’s what’s occurring in the space of negotiable instruments and the Uniform Commercial Code. The bottom line is mortgage notes are NOT negotiable instruments. What is the definition of a negotiable instrument? Well, Florida … Read more Related posts:
  1. Matt Weidner | Yes, A Thief Can Use Courts To Steal A Home In Florida
  2. Matt Weidner | The Revolution Began In Florida…
  3. Matt Weidner | AMERIKA – Land of Millions of Political Prisoners
Feb
20

Bias v. Wells Fargo, JPMorgan Chase, et al | Homebuyers Sue in RICO Class Action

SAN FRANCISCO (CN) – Wells Fargo Bank and J.P. Morgan Chase charge homebuyers who go into default inflated fees and interest rates, customers say in a federal RICO class action. Lead plaintiff Latara Bias claims the defendants, including Chase Home Finance, service almost 20 million mortgage loans, approximately 25 percent of the home loans made … Read more No related posts.
Feb
20

Toxic Titles | Imagine Buying a House then Finding Out Years Later that Someone Else Claims to Own Your Land (VIDEO)

Woman could lose house over land claim Imagine buying a house then finding out years later that someone else claims to own the land under your home. That’s what happened to a St. Petersburg woman. Now she faces a lawsuit and threats that. ~ 4closureFraud.org TweetNo related posts. No related posts.
Feb
20

NY Post | AGs Foreclosure Deal Still Being Tweaked

AGs foreclosure deal still being tweaked It looks like the US regulators are taking their cue from the robo-signers. More than a year after the scandal broke over the rapid signing of thousands of foreclosure documents without reviewing their accuracy, New York Attorney General Eric Schneiderman and his cohorts, along with the Justice Department and … Read more Related posts:
  1. WHEN DOES THE DOJ “break the ice” with CRIMINALS? Foreclosure Deal with U.S. Banks Elusive
  2. NPR | Foreclosure Robo-Signing Deal Worries N.Y. Official Eric Schneiderman
  3. NY Times | Attorney General of N.Y. Is Said to Face Pressure on Bank Foreclosure Deal