War on the Home Front | Mortgage Loan Investigations | TILA Rescission Audits

May 22, 2013

New York Times Publishes Apology for Obama’s Failed Housing Policies

August 20, 2012 by 4closureFraud Leave a Comment

New York Times Publishes Apology for Obama’s Failed Housing Policies On the one hand, the dismal … [Read more...]

Filed Under: Bankruptcy, Foreclosure Fraud, News for the Patriot Tagged With: Address, Apology, Bank Of New York, Capitalism, Cdo, Cds, corruption, Dismal Failure, Dudley, fannie mae, federal reserve, Federal Reserve Bank, Federal Reserve Bank Of New York, florida, foreclosure, foreclosure defense, foreclosure fraud, Foreclosures, forensic audit, freddie mac, Housing Market, Mers, Mortgage Fraud, Naked, New York Times, obama, Page Article, Pitch, Principal Reduction, robo signer, Securities Fraud, securitization audit, William C, Woes

CLEARING THE MORTGAGE MARKET THROUGH PRINCIPAL REDUCTION: A BAD BANK FOR HOUSING (RTC 2.0)

July 6, 2012 by 4closureFraud Leave a Comment

CLEARING THE MORTGAGE MARKET THROUGH PRINCIPAL REDUCTION: A BAD BANK FOR HOUSING (RTC 2.0) Abstract … [Read more...]

Filed Under: Bankruptcy, Foreclosure Fraud, News for the Patriot Tagged With: Abstract, Bank Of New York, Cdo, Cds, Committee Democrats, corruption, Dudley, Elijah Cummings, fannie mae, federal reserve, Federal Reserve Bank, Federal Reserve Bank Of New York, florida, foreclosure, foreclosure defense, foreclosure fraud, forensic audit, freddie mac, housing bubble, Housing Market, J Demarco, Mers, Mortgage Fraud, Mortgage Market, Mortgage Markets, Mortgage Reduction, Oversight Committee, Pitch, Principal Reduction, Proposal, robo signer, Rtc, Securities Fraud, securitization audit, William C

IMF | Stop the Foreclosures! Principal Reductions Now!

July 5, 2012 by 4closureFraud Leave a Comment

IMF: Principal Reductions Now! The International Monetary Fund has explicitly called for principal … [Read more...]

Filed Under: Bankruptcy, Foreclosure Fraud, News for the Patriot Tagged With: Balance Sheets, Bank Of New York, Bob Corker, Borrowers, Cash Payments, Cdo, Cds, corruption, Dudley, fannie mae, Fannie Mae And Freddie Mac, federal reserve, Federal Reserve Bank, Federal Reserve Bank Of New York, florida, foreclosure, foreclosure defense, foreclosure fraud, Foreclosures, forensic audit, freddie mac, Imf, International Monetary Fund, Mers, Mortgage Fraud, Principal Reduction, Rep Lofgren, robo signer, Securities Fraud, securitization audit, Senator Bob Corker, Stigma, William C

The Aftermath of the Housing Bubble | James Bullard President and CEO, Federal Reserve Bank, St. Louis

July 2, 2012 by 4closureFraud Leave a Comment

The Aftermath of the Housing Bubble Key takeaways from the presentation: Slide 23: U.S. homeowners … [Read more...]

Filed Under: Bankruptcy, Foreclosure Fraud, News for the Patriot Tagged With: Abigail, Aftermath, Bank Of New York, Cdc, Cdo, Cds, corruption, Dudley, fannie mae, federal reserve, Federal Reserve Bank, Federal Reserve Bank Of New York, florida, foreclosure, foreclosure defense, foreclosure fraud, forensic audit, freddie mac, housing bubble, James Bullard, Mers, Mortgage Fraud, Outbreak, Presentation Slide, Principal Reduction, rescission, robo signer, Securities Fraud, securitization audit, Senate Committee, Takeaways, tila, Urban Affairs, William C, Zombie

GSE Principal Reduction in Nevada Not a Policy Shift, It’s Probably Because it is Now a Felony to Commit Foreclosure Fraud in Nevada

June 3, 2012 by 4closureFraud Leave a Comment

State Takes Fresh Crack at Mortgages Fannie Mae and Freddie Mac will participate in a Nevada program … [Read more...]

Filed Under: Bankruptcy, Foreclosure Fraud, News for the Patriot Tagged With: Bank Of New York, Cdo, Cds, corruption, Dudley, fannie mae, Fannie Mae And Freddie Mac, federal reserve, Federal Reserve Bank, Federal Reserve Bank Of New York, Felony, Fhfa, florida, foreclosure, foreclosure defense, foreclosure fraud, forensic audit, freddie mac, Internal Documents, Loan Balances, Mers, Mortgage Fraud, Nevada Program, Nevada State, Pilot Program, Policy Shift, Principal Reduction, robo signer, Securities Fraud, securitization audit, Tierney, William C

Internal Documents Show Fannie Mae Believed Principal Reduction Would Save Taxpayers Money

May 1, 2012 by 4closureFraud Leave a Comment

Internal Documents Show Fannie Mae Believed Principal Reduction Would Save Taxpayers Money Cummings … [Read more...]

Filed Under: Bankruptcy, Foreclosure Fraud, News for the Patriot Tagged With: Bank Of New York, Cdo, Cds, Committee Democrats, Committee Member, Committee On Oversight And Government Reform, corruption, Dudley, Elijah Cummings, Elijah E Cummings, fannie mae, federal reserve, Federal Reserve Bank, Federal Reserve Bank Of New York, Fhfa, florida, foreclosure, foreclosure defense, foreclosure fraud, forensic audit, freddie mac, House Committee On Oversight And Government Reform, Internal Documents, John F Tierney, Member John, Mers, Mortgage Fraud, Oversight Committee, Principal Reduction, robo signer, Securities Fraud, securitization audit, Taxpayers, William C

SPEECH | Edward J. DeMarco – Addressing the Weak Housing Market: Is Principal Reduction the Answer?

April 10, 2012 by 4closureFraud Leave a Comment

Addressing the Weak Housing Market: Is Principal Reduction the Answer? Remarks as Prepared for … [Read more...]

Filed Under: Bankruptcy, Foreclosure Fraud, News for the Patriot Tagged With: Acting Agency, Bank Of New York, Brookings Institution, Cdo, Cds, corruption, Dudley, Economic Recovery, Elijah Cummings, fannie mae, federal reserve, Federal Reserve Bank, Federal Reserve Bank Of New York, Fhfa, florida, foreclosure, foreclosure defense, foreclosure fraud, forensic audit, freddie mac, Housing Finance Agency, Housing Market, Institution Washington, Mers, Mortgage Fraud, Pitch, Principal Reduction, Removing Barriers, robo signer, securitization audit, Six Years, Washington D C, William C

Cummings and Tierney Demand Answers from FHFA RE Principal Reduction

February 8, 2012 by 4closureFraud Leave a Comment

Cummings and Tierney Demand Answers from FHFA Agency’s Own Data Show Principal Reduction Would … [Read more...]

Filed Under: Bankruptcy, Foreclosure Fraud, News for the Patriot Tagged With: Bank Of New York, Billions Of Dollars, Cdo, Cds, Committee Democrats, Committee Member, Committee On Oversight And Government Reform, Congress Washington, corruption, Demand Answers, Dudley, Elijah Cummings, Elijah E Cummings, fannie mae, federal reserve, Federal Reserve Bank, Federal Reserve Bank Of New York, Fhfa, florida, foreclosure, foreclosure defense, foreclosure fraud, forensic audit, freddie mac, House Committee On Oversight And Government Reform, Mers, Mortgage Fraud, Oversight Committee, Principal Reduction, robo signer, Securities Fraud, securitization audit, Tierney, William C

William C. Dudley, President of the Federal Reserve Bank of New York, Makes Strong Pitch for More Aggressive Housing Policies Including Targeted Principal Reduction Program

December 16, 2011 by 4closureFraud Leave a Comment

Top Fed Official Makes Strong Pitch for More Aggressive Housing Policies Including Targeted … [Read more...]

Filed Under: Bankruptcy, Foreclosure Fraud, News for the Patriot Tagged With: Address, Aggressive Action, Bank Of New York, Cdo, Cds, Committee Democrats, corruption, Dudley, Elijah Cummings, fannie mae, Fed Official, federal reserve, Federal Reserve Bank, Federal Reserve Bank Of New York, florida, foreclosure, foreclosure defense, foreclosure fraud, forensic audit, freddie mac, lenders, Logic, Mers, Mortgage Fraud, mortgages, New York Federal Reserve, Oversight Committee, Pitch, Principal Reduction, robo signer, Securities Fraud, securitization audit, Washington Dc, William C

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Foreclosure News

Burt Reynolds' Ex-Wife Loni Anderson Pops Up in Foreclosure! - Gossip Extra May 22, 2013
Burt Reynolds' Ex-Wife Loni Anderson Pops Up in Foreclosure!Gossip ExtraLoni Anderson, the 1980s sex pot sitcom star, is back in the life of Jupiter area actor Burt Reynolds – for better or worse. Anderson, who played the dumb blond in old WKRP in Cincinnati, has popped up in the foreclosure lawsuit that targets the famed ... […]
Survey: The Number of Americans in Foreclosure Down 25 Percent - U.S. News & World Report (blog) May 22, 2013
U.S. News & World Report (blog)Survey: The Number of Americans in Foreclosure Down 25 PercentU.S. News & World Report (blog)The number of Americans in the foreclosure process has fallen by nearly 25 percent in the past year. As home prices rise and sales pick up, the housing crisis is increasingly becoming a distant memory as the United States recove […]
Mistaken Identity in Foreclosure - Florida Times-Union (blog) May 22, 2013
Mistaken Identity in ForeclosureFlorida Times-Union (blog)Mrs. Widow Homeowner had paid her mortgage all her life, even after her husband passed away, and she was still making her payments on time every month. First, Woolworth Wealth sent her a foreclosure lawsuit, and then she received another foreclosure ...and more » […]
Father, son sentenced for rigging Alabama foreclosure auctions - Thomson Reuters News & Insight May 22, 2013
Thomson Reuters News & InsightFather, son sentenced for rigging Alabama foreclosure auctionsThomson Reuters News & Insight(Reuters) - Two real estate investors were sentenced to 20 months each for their role rigging public foreclosure auctions in southern Alabama, the U.S. Department of Justice said on Monday. Robert Brannon, his son Jason Brannon an […]
Dallas-Fort Worth home foreclosure postings down almost 40 percent this year - Dallas Morning News May 22, 2013
Dallas Morning NewsDallas-Fort Worth home foreclosure postings down almost 40 percent this yearDallas Morning NewsSo far in 2013, Dallas-Fort Worth area home foreclosure filings have dropped almost 40 percent from the first six months of 2012. And the number of homes threatened for forced sale by lenders next month is 43 percent below levels from a year ago. […]
Waypoint Files for Latest Foreclosure-to-Rental IPO - Wall Street Journal (blog) May 21, 2013
Wall Street Journal (blog)Waypoint Files for Latest Foreclosure-to-Rental IPOWall Street Journal (blog)As Waypoint notes in Tuesday's filing, there were 4.1 million completed foreclosures between September 2008 and 2012, presenting an unprecedented opportunity for investors—particularly private equity and hedge funds—looking for higher yields that ...an […]
Homeowners receive nearly $2B in foreclosure settlement - Chicago Sun-Times May 21, 2013
Homeowners receive nearly $2B in foreclosure settlementChicago Sun-TimesLast year, the Attorney General's office participated in a $25 billion nationwide settlement to address “allegations of widespread robo-signing” of foreclosure documents and “other fraudulent practices banks employed while servicing loans of struggling ...Vermont homeowners get fore […]
Foreclosure Reports Highlight Racial Disparity - Seattle Weekly (blog) May 21, 2013
Foreclosure Reports Highlight Racial DisparitySeattle Weekly (blog)Last week, we wrote about a campout to stop South Park homeowner Jeremy Griffin from being evicted after a foreclosure. As we noted, the housing crisis may be officially over, but foreclosures keep happening. Two new reports make that point as well ... […]
Foreclosure Fraud Failures Come To A Head In Justice Department Protest - ThinkProgress May 20, 2013
Press TVForeclosure Fraud Failures Come To A Head In Justice Department ProtestThinkProgressFrustration with the failed execution of various weakly-constructed legal settlements stemming from widespread foreclosure fraud bubbled over today into a protest at Justice Department headquarters that culminated in homeowners being arrested.Occupy Wall Street Challe […]
3 big banks nearly halt foreclosure sales after US tweaks orders - Los Angeles Times May 19, 2013
American Banker (subscription)3 big banks nearly halt foreclosure sales after US tweaks ordersLos Angeles TimesSales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The […]

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