Nov
08

Steven J. Baum | Rule Affirming Foreclosure Cases are Accurate is Unconstitutional

“Under the rule, banks’ attorneys in each foreclosure must affirm in writing that they communicated with their clients, that the client reviewed the documents and that the documents are accurate. The attorneys must also affirm, under penalty of perjury, that the papers are correct. Otherwise, the foreclosure can’t proceed.” ~ This guy does not know … Read more Related posts:
  1. Chase and the Law Offices of Steven J. Baum Draw Scrutiny Over Tactics in Foreclosure Cases
  2. Fraudclosure | New York AG Subpoenas Steven J. Baum, Pillar Processing over Foreclosure Practices
  3. NY Foreclosure Firm Steven J. Baum: Sorry for Mocking Homeless
Oct
24

Bank Fraud | HURRICANE CHERYL DESTROYS LAND RECORDS IN PALM BEACH COUNTY

Bank Fraud Docx, LLC Law Offices of David Stern Lender Processing Services Cheryl Samons Action Date: October 24, 2011 Location: West Palm Beach, FL HURRICANE CHERYL DESTROYS LAND RECORDS IN PALM BEACH COUNTY In the six month period from September 1, 2008 through February 28, 2009, 502 mortgage assignments, signed by Cheryl Samons, were filed … Read more Related posts:
  1. What can be done about the backlog of foreclosure cases in Palm Beach County (and other Florida counties)?
  2. Palm Beach County Foreclosures: The Pursuit of NON-Performing Mortgages in 2009 by Bank of America & Deutsche Bank
  3. Part Deux – 2nd Full Deposition of the Infamous Cheryl Samons of the “Law Offices” of David J. Stern
Oct
19

CALAMITOUS CONFUSION in Glarum vs. LaSalle Bank | Foreclosure Ruling Irks Banks, Asks for Rehearing

Foreclosure ruling irks banks By Kimberly Miller WEST PALM BEACH — An appeals court ruling in favor of Wellington homeowners in foreclosure is causing “calamitous confusion,” according to bank attorneys who say it could snarl hundreds of thousands of pending foreclosure cases. The bank is asking for a rehearing and clarification of the Sept. 7 … Read more Related posts:
  1. Explosive | FL 4th DCA Reversal RE Affidavit of Indebtedness – GLARUM v LASALLE BANK NATIONAL ASSOCIATION
  2. Lasalle v. Glarum – Team Ice – The Insider’s Briefs Submitted to The Appellate Court!
  3. Attorney General files Motion for Rehearing in Judge’s Ruling in Shapiro & Fishman Investigation
Oct
10

Law Firms Descend on Florida to Take Over Fraudclosure Business

Law Firms Descend on Florida to Take Over Foreclosure Business The new law firms are being handed 3,500 to 5,000 transfer files at $1,200 to $1,400 per file, according to a legal headhunter Law firms from throughout the country have opened offices in Florida to capture foreclosure business abandoned by the Law Offices of David … Read more Related posts:
  1. Foreclosure Fraud – New Lawyers Face Probes, Pop Up at Other Firms
  2. McCalla Raymer Expands Foreclosure “Services” to Florida
  3. Florida – Lenders, Servicers Scramble to Shift Foreclosure Cases to New Firms
Oct
05

FL Courts Administrator to Legislature: Fund Us, and We’ll Speed Foreclosure Cases Along

Courts administrator to Legislature: Fund us, then we’ll move along stalled foreclosures A panel of lawmakers examined the scope of Florida’s mortgage foreclosure crisis on Tuesday as the Legislature prepares to introduce legislation that would speed up the process. State leaders have already discussed making Florida a non-judicial foreclosure state, an option some believe would … Read more
Sep
15

Mark Stopa | Letter to Judge Sisco RE Delays in Foreclosure Cases

Here is Mark again with another excellent letter to the court… ~ Delays in Foreclosure Cases Respectfully, I’m tired of being accused of delay, of being curtly told I have 10 days to file an Answer, of being deprived of hearings, of being threatened with sanctions, etc., only to keep seeing plaintiffs get away with … Read more
Aug
24

In re: SIMA SCHWARTZ | MERS beat down in MA. Opens Floodgate of Wrongful Foreclosure Cases, due to MERS as “MOM”

 IN RE SCHWARTZ In re: SIMA SCHWARTZ, Chapter 7, Debtor.SIMA SCHWARTZ, Plaintiff,v.HOMEQ SERVICING, AGENT FOR DEUTSCHE BANK NATIONAL TRUST COMPANY, AS TRUSTEE and DEUTSCHE BANK NATIONAL COMPANY, AS TRUSTEE, Defendants.  Case No. 06-42476-MSH, Adversary Proceeding No. 07-04098.  United States Bankruptcy Court, D. Massachusetts, Central Division.  August 22, 2011.    The Defendants’ Case It is undisputed … Read more
Aug
18

KABOOM | George Babcock Foreclosure Fight Club – Rhode Island Federal Judge Halts Foreclosures (Video & Order)

A federal judge’s order puts the bulk of foreclosure cases in Rhode Island on hold as banks try to negotiate with homeowners. Order Below… ~ 4closureFraud.org Rhode Island “Moratorium” Order Tweet
Aug
17

N.J. Judge Allows 4 Major Banks to Resume Uncontested Fraudclosure Proceedings

For Bank of America’s Home Loan Servicing division, Williams wrote that the company’s submissions showed “that it has processes and procedures in place” to ensure the information it submits in foreclosure cases is based on personal knowledge of the relevant records, “which were made in the regular course of business.” ~ N.J. judge allows 4 … Read more
Aug
08

Mark Stopa Responds to Administrative Order in Tampa (Hillsborough County) that Gives Judges the Discretion to Deny Motions in Residential Foreclosure Cases Without a Hearing

Fighting for Hearings before Tampa Judges A recent Administrative Order in Tampa (Hillsborough County) gives judges the discretion to grant/deny motions in residential foreclosure cases without a hearing.  This has been very frustrating for foreclosure defense attorneys such as myself, particularly since I’ve gone from winning about half of my motions to dismiss over a … Read more
May
29

Another BOMBSHELL MERS BEATDOWN, HOOKER V. NORTHWEST

IVAN-HOOKER

HOOKER V. NORTHWEST

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May
27

CAPACITY, CAPACITY, CAPACITY- READ THE TRANSCRIPT

bank-foreclosures

There is a major defect in almost every foreclosure case, and it continues even today, this late in the game.  We are still allowing unknown, unidentified and unauthorized Plaintiffs to appear in Florida courtrooms and ultimately take title to property.

All across this state, hundreds of millions of dollars in real property is changing hands and shifting around and back and forth between shadowy trusts, ill-defined entities and national institutions, but no one has any idea who these entities are, where they are based, how they are governed and how to track them down when things go wrong.

It all starts with a basic failure in pleading….the failure to plead capacity which is quite simply the failure to tell the court who you are and where your place of business is.  All sorts of things flow from this basic failure.  For instance many of these Plaintiffs rely on Powers of Attorney to execute documents such as Assignments of Mortgage….one of the problems is that an assignment based on a failed power of attorney is invalid and a power of attorney is not valid when the entity is a trust corporation that is not validly registered to do business.

On a more personal note, I’m trying to collect a judgment entered in my favor against “US Bank, Trustee”, capacity was never plead and now I’m having a devil of a time trying to figure out how to collect this judgment because I cannot track down, “US Bank”.  Read the documents below…

PITA – NoA, MTD, Cost Bond

CAPACITYTRANSCRIPT

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May
26

Justice Department Levies Fines for Servicemembers Civil Relief Act Violations

DOJ-BofAWell, at least our government is serious about holding banks accountable when the violate the rights of some of 0ur citizens…..I’m glad to know they are taking the SCRA seriously and will continue to press for enforcement of this essential law.  This is about the violation of due process rights…we can only hope that it will expand to the rights of all Americans….

Justice Department Settles with Bank of America and Saxon Mortgage for Illegally Foreclosing on Servicemembers Settlement Includes a Minimum of $22 Million in Relief for Victims

WASHINGTON – The Justice Department today announced settlements with two lenders under the Servicemembers Civil Relief Act (SCRA) to resolve allegations that the lenders wrongfully foreclosed upon active duty servicemembers without first obtaining court orders, in violation of the SCRA. Combined, the settlements provide more than $22 million in monetary relief for the victims.

Under the first settlement , BAC Home Loans Servicing LP, formerly known as Countrywide Home Loans Servicing LP, a subsidiary of Bank of America Corporation, will pay $20 million to resolve a lawsuit alleging that Countrywide foreclosed on approximately 160 servicemembers between January 2006 and May 2009 without court orders.   In addition to the $20 million, Countrywide agreed to pay any servicemember wrongfully foreclosed in the period from June 2009 through 2010.  The complaint alleges that Countrywide did not consistently check the military status of borrowers on whom it foreclosed through at least May 31, 2009. The complaint was filed in the Central District of California, where Countrywide is headquartered.

Under the second settlement, Saxon Mortgage Services Inc., a subsidiary of Morgan Stanley, will pay $2.35 million to resolve a lawsuit alleging that Saxon foreclosed on approximately 17 servicemembers between January 2006 and June 2009 without court orders. In addition to the $2.35 million, Saxon agreed to pay any servicemember wrongfully foreclosed in the period from July 2009 through 2010.   The complaint alleges that Saxon failed to consistently or accurately check the military status of borrowers on whom it foreclosed through at least June 30, 2009.   The complaint was filed in the Northern District of Texas, where Saxon is headquartered.

SCRA

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May
25

Attorney General Probe Of Florida Foreclosure Companies Expanding….

foreclosure-stepsNot so long ago, it looked like the banks were going to moonwalk away from the crime scene they created with no penalty…not even much of a slap on the wrist.  First the banks protested the paltry $20 million dollar settlement and other terms, then they objected to the $5 million settlement terms.  But it wasn’t just the banks that were protesting settlement terms, the banks had the support of four of this country’s attorneys general who howled about how the banks could not face any consequence…they warned us of the dire….

MORAL HAZARD

that would occur if they leaned on the organized crime syndicate..no I’m sorry, I mean the banking and foreclosure industries.  The basic gist of the warning issued by these four attorney generals was that the country would collapse and the rapture would definitely come if any of their constituents….(I’m talking about the banks of course) were forced to face any consequence.

But now there are serious breaks in the ranks of the attorneys general from all across the country.  It appears that some state AG’s want to let the criminals moonwalk away…while others have decided that their job as attorney generals is to investigate and prosecute crimes.  It’s terribly ironic that Florida is a focus of these investigations….but not, apparently, by Florida’s Attorney General…..

Read on here for a little disgusting story…..then after your read, please visit Pam Bondi’s Website and Facebook page to let her know what side you think she should be on.

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May
24

MISSION ACCOMPLISHED- BANKS SOLVE THE ROBO SIGNING SCANDAL…

Robo-signing

Remember the whole dirty mess called robo signing and surrogate signing and the all that other fun stuff?  Well, the banks are spending your hard earned tax dollars quite well, (thank you very much), I just wonder how much per hour they paid their crafty attorneys to figure this way to wiggle out of their little mess in North Carolina….

HUFFINGTON POST…..

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May
24

FLORIDA ATTORNEY GENERAL ANNOUNCES BILLION DOLLAR MORTGAGE SETTLMENT!

Bondi-PRHow about that?  According to the attached press release, Florida’s Attorney General announced that Floridians could get more than $1 Billion in relief and that the total relief nationwide could be as high as $8 billion dollars!

!$8 Billion Dollars! Now according to my math, that’s a few dollars more than the !$5 BILLION DOLLARS! that the banksters are screaming bloody murder against all across the country.  According to the banking industry hacks, and the politicians and “leaders” that they have bought off, they will not pay $5 Billion, they cannot pay $5 Billion, it is a moral hazard for them to pay $5 Billion, why if they were forced to pay the $5 Billion, the entire United States of America would fall into the moral hazard abyss and the world really would have ended on May 21, as predicted.  In fact, I have it on good information that the real reason we were all saved from the Rapture was because four brave Attorneys General, inspired by GOD, stood on principle, sounded the trumpets and steered us all away from the Moral Hazard and certain peril that would come from enforcing some law any law on a bank.

So read the attached press release, and the attached lawsuit.  And now here comes the Billion Dollar Question….I’m throwing this one out there to every reporter, every attorney in the country…..will somebody please find out whether any Floridian or any American for that matter ever saw one single penny of benefit from this settlement or was this just a publicity stunt?

Read the Releases…compare them to the current debate….

Attorney General Press Release

CountrywideSettlement

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May
24

AMERICA- YOU CAN’T HANDLE THE TRUTH

I want you all to take a moment to watch the video that is linked here below.  I’ve watched this scene quite literally hundreds of times and even today, after all those times, it still gives me chills.  Years after watching this scene I did a dissertation on this particular scene because it is one of the most intense interpersonal exchanges captured on film.  The intensity of the emotion and the enormity of its impact have always served as a very powerful inspiration for me.

Scenes like this don’t really happen in the courtroom, but I think every lawyer spends his whole life preparing and working and building for that one moment when something like this plays out.  I think we are heading to a nationwide example of this scene, a moment when Wall Street and the banking industry will be cornered on the stand and the entire country tear them apart in righteous indignation just like this snotty bastard Lt. Kaffe takes down this infallible imperial force, Cl. Jessup.

It happened once before in this country in 1933, when a young and unknown attorney Ferdinand Pecora cross-examined the titans of Wall Street after the crash of the Great Depression.  I will detail more of that later when I finish the book, “The Hellhound of Wall Street”.  For now, watch this scene over and over.  The American people are Tom Cruise.  The banks, Wall Street, the Imperial judges, our out of control government are Jack Nicholson.  As you head out for battle every day, as you defend yourself pro-se or if you’re an attorney who is fighting this fight, put in your mind that you want the end result to be a glorious moment like the one in this scene where they are finally cornered and can no longer run from the truth.

YOU CAN’T HANDLE THE TRUTH

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May
22

Too Big To Fail The Movie And What Happens When We Crash Again….

Americans have no idea just how close to absolute and catastrophic catastrophe the United States and in fact the entire world came to an absolute collapse in 2008.

The fact that every American needs to understand is that we were quite literally on the verge of an economic and societal collapse that would have dwarfed the consequences we faced during the Great Depression.  While the Great Depression was bad, our entire world is exponentially far more dependent upon banks and Wall Street and credit than we could have even imagined in 2008.  These are not my opinions, they are the widely expressed opinions of virtually every knowledgeable expert.

The next part of the equation and the far more disturbing fact that we all need to consider is that there is consensus among most experts that we will almost certainly experience another crash in the future.  Again, this opinion comes from the experts.  The real question and the one that should keep us all up at night is….just what will be the consequences when the crash comes again????

Watch the trailers below…..

TOO BIG TO FAIL TRAILER

Too Big To Fail Reuters

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May
22

BOMBSHELL- According to Federal Judge MERS Assignment May Be INVALID

By now we all know the dangerous and absurd fiction that the MERS menace has wrought across the property records and courts across this land.  The MERS menace is predicated on the fiction that tens of thousands of  so-called limited signing officers spread all around the world can execute documents that purport to bind corporations when the very procedures of the corporation may not have been followed expressly.

In this particular case, the homeowner defendant claimed the foreclosure case was fraudulent and invalid because of a fatal flaw in the MERs procedures….procedures that exist all across this country.  Now if a federal judge in one state has now issued a Final Order that puts a major crack in the foundation of the entire MERS foundation….what happens in all the other states?

Defendants assert that Plaintiff’s section 12.002 claim lacks plausibility because it rests on legal conclusions instead of facts and that Plaintiff has failed to allege facts to show that MERS made, presented or used the assignment with knowledge that it was a fraudulent court record or a fraudulent lien or claim against the Property, that MERS intended the assignment be given the same legal effect as a court record evidencing a valid lien against the Property, and that MERS intended to cause another person to suffer financial injury.

Defendants argue that Plaintiff alleges that MERS’ corporate secretary appointed Blackstun as a MERS assistant secretary, and the appointment was not valid because Blackstun’s appointment was not also approved by MERS’ board of directors, as allegedly required by MERS’ by-laws. Defendants argue that this is negligence at best, and not fraud. Defendants also assert that the party that would be the defrauded party would be MERS, not Plaintiff, and that Plaintiff’s interest in the Property is wholly unaffected by the assignment.

Plaintiff argues that the Assignment filed in the property records is a fraudulent lien claim. Plaintiff alleges that the assignment is void because it was executed by a person neither employed nor authorized by MERS to execute a conveyance. Plaintiff alleges that MERS intended that the document be given the same effect as a lawfully executed instrument, and the execution and filing of the documents were done for the purpose of harming Plaintiff. Plaintiff alleges that there was a scheme on the part of a MERS officer to bypass the Board of Directors and cloak others with authority only allowed by the Board of Directors. Plaintiff argues that this is not an inadvertent failure to comply with a duty, but rather an intentional act, done knowingly with the specific intent that the consequences of his action be brought to fruition.

In this case it is alleged that MERS did not properly appoint Blackstun as an officer of MERS and that Blackstun did not have authority to bind MERS, and when Blackstun executed the assignment, it caused MERS to file a fraudulent document in the deed records. The Court finds that Plaintiff has stated a plausible claim, in part, because Defendants fail to address the issue of the legal effect of Blackstun not being authorized to execute the assignment. If he had no such authority, MERS would know that fact. It appears to be more than mere negligence by MERS. Discovery should be allowed, and after discovery is completed, the issue of whether there is a valid claim under ß12.002 can be determined by a motion for summary judgment.

Kingman+Holdings+V.+CitiMortgage+&+MERS.2011+US+Dist.+LEXIS+52770.D..Ct.+ED+Tex.+April.21.2011

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May
19

The Most Important Of All Our Freedoms At Stake…

I could not comment on the attached article for the reasons stated in the article. What I can say is that the attorneys who I have the great privilege to work with in the middle of this debate show the very highest ethical and aspirational values of the profession of law. I am honored every day to serve in the trenches with these most exceptional people every day and to be part of the dramatic and powerful evolution that is blowing across this country.  And now, like never before, this very public debate allows us all to consider the higher purpose and calling of the practice of law.

Law is a “profession” and classically there were only three professions. (Religion, Medicine and Law)

A profession is a vocation founded upon specialized educational training, the purpose of which is to supply disinterested counsel and service to others, for a direct and definite compensation, wholly apart from expectation of other business gain.

The profession of law has been often maligned, and in many cases, the public is justified in their criticism of our profession.  But the practice of law, when its purpose and values are respected, is one of mankind’s three highest callings.  I hope that what the public sees in the good work that lawyers are doing all across this country is the true soul of this profession.  In a world where unbridled competition has corrupted our entire country and where the people have lost all faith, I want the general public to understand just how selfless and generous the lawyers who are practicing in the area of consumer law really are.  All across this county lawyers are standing up and fighting for the most important and enduring principles that might still remain in this country.

The link below tells part of the story….the rest is up to you….

Daily Business Review

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May
19

If They Get Away With This, The Amerikan Legal System is Doomed

florida-foreclosure-courts-ACLUThe following are a collection of quotes from the court’s response to the ACLU lawsuit.  I want laypersons to compare this wet blanket and non-responsive response with the legal scholarship that is reflected in the ACLU petition.  The ACLU lawsuit is real, it is detailed, it is specific.  It states facts and it makes real and well-founded arguments.  The response fails to respond to any of the substantive issues raised and merely asks the appellate court to look the other way while legal carnage continues.  Compare the ACLU Petition Here with the response which is quoted below….Did they really put these responses in writing?

WHEN WILL AMERICA WAKE UP?  WILL AMERICANS WAKE UP?

IS IS ALREADY TOO LATE?

The foreclosing banks are often represented by out-of-town law firms with large case
loads and a correspondingly diminished attention to individual cases. The unexpected
volume and unanticipated permutations of the foreclosure crisis have caught the
banks unaware, often resulting in litigation paralysis. Case management is a means
of bringing some order to this chaotic scenario.

So the great majority of mortgage foreclosure cases will be resolved on preliminary

motions without the necessity of a full trial on the merits.

It is perhaps unfortunate that the form Order uses the term “docket sounding,”
since the term has little legal meaning. The term is not used anywhere in the Rules
of Civil Procedure, so there is no definition of it.

The salutary effect of using the term is that it does have some alarm value,
thereby impressing upon the parties and their counsel the importance of the scheduled
hearing and moving the case forward. Recall that the form Order issues only if the
foreclosure case has been languishing without any activity for at least months.

At around this point in the Merrigans’ foreclosure action the Bank of New
York lost the representation of its counsel. The Bank had been represented by the
David Stern law firm. Mr. Stern is under investigation by the Florida Bar, and he has
ceased representing mortgagees in the Twentieth Circuit. In many cases his firm has
formally withdrawn. In other cases, such as the instant one, his firm has simply
ceased representing its client.

The foreclosure action has now been pending for
over two years, and during this period the Merrigans have retained possession of the
mortgaged premises, presumably without payment on the mortgage.

It appears that this Response will be the only response the Court will receive
in this matter. The Bank of New York has counsel of record, but that counsel has
apparently made the unilateral decision to effect a de facto withdrawal. The contact
person for the Bank of New York is unknown.
Much of the Petition is aimed at the
Twentieth Circuit anyway, so it is appropriate that the Circuit briefly discuss the
limits of prohibition relief.

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May
19

SUPER super BOMBSHELL- THE COURT RESPONDS TO THE ACLU LAWSUIT!

foreclosure-lawsuits

Here it is Amerika, eat it up….”your” court responds to what is perhaps the most important lawsuit that has been filed in this state in a generation….and the response is…..

WE DON’T CARE ABOUT YOUR STINKING LAWS.

WE DON’T CARE ABOUT YOUR RIGHTS.

WE DON’T RESPOND TO YOUR CONCERNS.

Read the response people…WOW.

Response+to+ACLU

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May
18

TWO VERY DISTURBING STORIES….Time for Americans to WAKE UP!

foreclosure-judgesI’ve been warning loudly that our most basic right…the 4th Amendment right to be secure in your home is under attack because the Jack Booted Thugs from the banks now take it upon themselves to kick down doors whenever they choose….and no one will do anything about it….well now no less authority has taken a big, big chunk out of that formerly important protection…..cops are now free to kick down your door…..

United States Supreme Courts Says It’s Okay To Kick Down Your Door

And closer to home, an announcement from a Chief Judge that shows just how big and powerful the forces of evil we’re fighting are in this state….

Chief Judge Leaves Bench To Join Foreclosure Mill

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May
17

The Treacherous Conduct of The United States Supreme Court- Green v. Biddle

There exists in this country today a pervasive form of lawlessness that manifests itself in most foreclosure cases and may be seen in virtually every mortgage contract that exists across the country.  We don’t know exactly how bad things are because the banks are pushing back so hard, suppressing information, filing Motions for Protective Orders.  Our elected and appointed leaders are meeting in secret with the banks and they are keeping the results of their investigations very close to the chest….I am certain they are being told, and they believe, that if the information they are uncovering “gets out” all hell will break loose.  The masters and minions of the machine fail to realize that they cannot keep the lid on all this forever….the information is all there.  The false affidavits, the forged assignments, the MERS mockery of our stable real property records.  The records cannot be destroyed and they cannot avoid forever the consequences and the harm caused by their extra-legal sorcery.

After reading  Gretchen Morgenson’s article in the New York Times which details the lengths the banks are going to in order to suppress the investigations of the United States Trustees and considering all of the clashes between the banks and our government institutions on one hand and the rights of the people on the other hand, I went back again to what has become a very important book for me, Hernando De Soto’s The Mystery of Capital.  This book has been out for many years.  It was written as more or less a guide book to developing countries, the basic premise is that the primary explanation for the success of the United States was the system of real property ownership that was developed in the early 1800′s.  Prior to building the United States’ system of open and public records of the private ownership of land, no other nation gave her people the ability to tap into the land’s value and resources.  There are numerous side benefits to all of this.  This ownership gave heretofore poor people with no stake in their own future or the future of the land a real stake in the future of both.  They owned the land and their potential was only limited by how hard they would work so they worked more and produced more than any people ever had.  They were tied to their land now.  There were geographic handcuffs which planted people in communities for generations so a far more stable society was developed with business and personal relationships grounded in the dirt that were respected…and with that developed more respectful and cooperative business relationships….you were going to be dealing with your neighbors for generations to come.

The reason why all this not so distant history is important is because it has all been destroyed in a very short period of time here in the United States, first with the Serpent of Securitization, then with the MERS Monster, and then the toxic title stew that they moved into our courts and into our heretofore stable and clear public land title system.

The court decisions that are being released across the country are a crazy quilt of fits and starts, some decisions reject important elements, others approve those elements, some federal courts affirming the toxic titles and procedures, others outright rejecting them.  It seems more and more the decisions are opposed to the Wall Streeters, the MERS Monster and the Securitization Serpent, but there is not uniformity and it is causing real mess.  Which brings us to the period 1797 to 1820 in the good ole US. The land was wild and free.  There were no prior private titles to the vast patches of lands that were being homesteaded and farmed by our rough and tumble forefathers.  Hell, the boundary lines between the states were not even clear.  Congress was busy trying to clearly define the boudaries of the states, while at the same time the farmers and mainstreeters were trying to define the boudaries of their own lands.

While the founding fathers in their fancy tights and funny white wigs get all the credit, the dirt crusted homesteaders, farmers and squatters were the most important figures in the development of this country.  They were the ones that got up before dawn, cleared the land and worked the fields 26 hours a day 395 days a year every day of their waking lives. No welfare here, no unemployment benefits, these American Heroes built this country one dirty, dusty row of corn at a time.  Now a problem with all their effort was they largely had no formal legal title to the land they were taming.  But through a variety of both legal and extra-legal means, they staked out their patch of virgin land, cleared it, fought it, wrested it and finally caressed “their” land until it was producing the corn, wheat, cotton that served as the economic lifeblood and the foundation upon which our greatness was built.

Formal and informal tradition developed that permitted these heroes to claim ownership of the land and formalize their claim on the land based on their effort.  The formal recognition of these traditions became the squatters rights or laws of adverse possession that still exist on the law books today.  These laws and traditions were widely respected across the many states and became formalized into various state laws.  Conflicts were common and in 1821, the United States Supreme Court declared Kentucky’s occupancy laws unconstitutional in the decision Green v. Biddle. The decision was widely viewed as a crushing defeat for the common people and a gift and recognition of the political power of the rich and largely absentee landowners…many of whom professed some sort of claim to the title of vast tracts of land that they did absolutely nothing with.

Green v. Biddle was an incredibly unpopular decision with the masses, the real people and the elected leaders of many states began to take note of the rising political importance of the farmers, the homesteaders, the little people.  The politicians began to view the scrappy homesteaders not as interlopers, but as figures far more powerful and important than the elites, the bankers and the absentee landowners.  These homesteaders began to organize, the politicians began to align with them and they all forged ahead to overturn the “treacherous conduct” of the United States Supreme Court.

In relatively short order states all across the country and even Congress passed laws and took other action to push back against the banks.  Between 1834 and 1856 the push back was pervasive that some considered the Green v. Biddle the most opposed decision yet issued by the Supreme Court, which became effectively overturned by state and even federal legislation.

So what’s the impact on the treacherous conduct we find our country faced with today?  The parallels are simple.  Our courts, especially in the State of Florida were sold a siren song by the banking industry and the legislatures.  Their message was simple, ignore all our mistakes, our fraud, our crimes our abuses of the voters and the people. We make the money, we own the money, we own all of you and we own this country.  Ignore your pesky property laws, disregard all your damn court rules of evidence and procedure and principles of fairness and integrity and equal treatment.  Your Constitutions mean nothing and Due Process has no place when you’re dealing with us and our contracts. Our Pooling and Servicing Agreements our Assignments, our corporate policies and procedures supersede your Constitutions and your Due Process.  Now get back in your courtrooms and throw these squatters, these settlers, these claimants off the land….DO IT NOW!

You still hear quite a bit of this now from the corporate mouthpieces and from the handful of bought and paid for elected officials….they recite the mantra that we must get through all this, whatever it takes in order to get this economy moving again.   But all of those pronouncements fly in the face of reality and are disputed by 5th grade economics.  The American people have already thrown bajillions of dollars at the banks and they in turn have thrown countless millions of people into the streets….and what good has it done any of us?  Well, it’s done the banks a helluva lot of good.  Massive, obscene profits, screw you and not even so much as a thank you very much.

But this has got to change.  The American people are waking up.  That great sleeping dog that is the American voter is starting to rise after being kicked repeatedly.  And here and there in statehouses across this country a few bright bulbs are starting to flicker….they’re starting to recognize the shift away from the banks and their big fat campaign checks.  Why heck, there might even be one, maybe two elected officials who might just start to view those bank campaign checks as a bit toxic….maybe after Iowa AG Tom Miller’s recent attention for taking blood money from the serpents, other AGs will think twice about courting payoffs from the Wall Street serpents.

The tide may be turning, but it is up to everyone of us to continue to keep the drums beating. Press the press.  Share these stories with every friend and colleague in your network.  Use social media and your own contacts.

There are many dark days ahead, but if we do not beat back these bank advances, all hope for this country is lost.  Remember that.  If we allow these abuses and advances to continue our nation is lost.

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May
14

OUTRAGE!- While Soldiers Are Serving Abroad, The Banks Are Foreclosing Their Homes

The conduct of the banks in the midst of this foreclosure madness is nothing short of despicable, disgusting, disturbing.  They are wantonly violating all manner of laws, rules, procedures that have been in place from the time our country was founded….and they are getting away with it.

It’s bad enough when civilian’s rights are abused, but we cannot as a nation permit the rights of soldiers that serve our country to be violated.

Please click on the link below and watch the attached video….

ABC ACTION NEWS

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May
14

The United States is a Death Machine….

The financial system in the United States is in ruin.  We exist today in a sort of extended, suspended animation.  Real wages, i.e. the actual money that Americans put in their pocket after taxes and other costs do not come close to supporting the lifestyle we’ve all become accustomed to.  We cannot afford the cars, the clothes, the home, the food so they’re all purchased on credit.  The credit soaks up more and more of the real wage so at the end of the month there really is nothing left.  And yet, because somewhere between 60%-70% of our entire economy is based on consumer spending, we all need to continue spending so that the rest of us continue to have the jobs that are predicated on that consumer spending.  Great system, huh?

Now if you’ve read this blog for any amount of time, you know I’m the strongest supporter of our military.  I will consult with any active duty military for free and I have made a commitment to make sure that no member of our military in Florida has to face foreclosure without an experienced foreclosure defense attorney on their side.

With my bona fides firmly in place it is critically important that all of America understand just how out of whack our military spending is when compared to the rest of the world.  Now one thing to keep in mind with military spending is that a huge percentage of the total spending goes toward actual wages or payroll that becomes part of the domestic product and even the spending on weapons systems and gear becomes part of the domestic economy, but the much bigger question is,

What if we had focused our military spending priorities on healthcare or education or anything else?

Now take a look at the graph below and just let it soak in.  Do you feel real safe in this country?  I feel safe in some respects, but I felt a whole lot safer in Costa Rica, a country with no standing army.  Even though they have no standing army, I’m fairly certain Costa Ricans are not too vulnerable to a terrorist attack….

After you gaze upon the graphic, go onto Wikipedia and explore all aspects of our military spending policies….

The world’s top 5 largest military budgets in 2009. Figures sourced from SIPRI.

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May
14

FDIC Chair Sheila Bair Warns Senate Committee about “Millions of Infected Foreclosures”

Of all of the Washington D.C. “players” that I’ve come to know over the last few years, there is no one that I have vacillated about more than FDIC Chair Sheila Bair.  There have been times when I found myself smitten by her common sense and consumer oriented bent, and others when I wanted to accuse her of being buried halfway up Geithner’s butt as a result of him stopping abruptly while walking the halls of the Treasury building.

Well, perhaps it’s because Sheila is now a short-timer and will be retiring from her post at the FDIC this July, that she is now feeling a little more comfortable telling the truth, even if that means disagreeing with Walsh at the OCC or even Bernanke at the Fed.

According to Alan Zibel writing for the Wall Street Journal on May 12th, Sheila is warning that:

“…flaws may have ‘infected millions of foreclosures’ and questioned whether other regulators’ inquiries into problems at the nation’s mortgage-servicing companies have been thorough enough.”

In her written remarks submitted during a hearing of the Senate Banking Committee on Thursday of this week, Sheila admitted quite candidly that: “We do not yet really know the full extent of the problem.”

“Flawed mortgage-banking processes have potentially infected millions of foreclosures, and the damages to be assessed against these operations could be significant and take years to materialize.”

John Walsh, Acting Comptroller of the Currency says that the problems are limited in scope, so who should we believe?  Sheila, of course… Walsh is a dork. Bank regulators’ had said that reviews of a sample of 2,800 foreclosure cases uncovered only a small number of “improper foreclosures,” however that’s defined by the OCC these days.

Why not consider a career as a Robo-Signer?

This mortgage mêlée started last fall after GMAC became the country’s first “robo-signer,” admitting that they were employing signers who didn’t review documents prepared by the bank’s other departments.  Federal officials launched an investigation and GMAC and soon thereafter, many others all voluntarily placed moratoria on all foreclosures, at least those in non-judicial states… which never a lick of sense, but the country seemed to buy it, so why not?

Some of the improper foreclosures identified sprung from a law preventing them from occurring when the borrower is active duty military, bankruptcy filings should have stopped others, and then there were those that should not have occurred because the borrowers were on the verge of getting modified.

Sheila argued that other regulators very likely missed cases where homeowners should have been granted loan modifications, but were denied improperly.  How many?  I hear you cry. She says the number is “not insignificant.”

She told lawmakers that: “There needs to be much more aggressive action,”

The “consent orders” that came out of the investigation conducted by the federal regulators, including the OCC, OTS and the Federal Reserve, require the banks to engage the services of an independent consultant to review foreclosures from the past two years.  The consultants hired would be charged with identifying borrowers who were damaged by the inadequate and even dangerous, according to the report issued by the federal regulators, foreclosure processes employed by the banks.

I wrote about this outcome from the feds investigating the day their report was made public a couple of weeks ago, and expressed my extreme skepticism over the outcome being that the banks would conduct their own investigations because… I don’t know… because it’s ridiculous, that’s why.

Sheila Bair’s statement, God bless her, points out the same issue.  She openly questioned whether the “independent consultants” would be truly independent, saying that the:

“(the consultants) may have other business with (banks) or future business they would like to do with them.  This is a huge issue.”

(No kidding, Sheila… we all know what a farce it will be… like when Bank of America did its own internal investigation following the voluntary moratorium which followed the discovery of the robo-signing.  Remember that?  Two weeks later and BofA said they checked and everything seems to be just fine and dandy?  So, what’s going to be different this time… has the leopard changed its spots?)

Make your own Bernanke Voodoo doll.

Ben Bernanke, who was also at the senate hearing, was asked about this issue, but chose not to respond specifically, which I find shameful.  Instead he reiterated that federal regulators have plans to fine banks over the inquiry’s conclusions regarding foreclosure processes… and to that I can only say that I have had enough with the whole idea that bankers can commit crimes that damage homeowners and write a check to the Fed to straighten things out.

I mean, between the Fed and the Treasury, we’ve handed the banks trillions.  And now to “make right” their criminal and/or civil violations against homeowners, they’re going to send the Fed and/or the Treasury a couple of sheckles to satisfy some fine, the equivalent of which could probably be found in the cushions of Jamie Dimon’s couch… and that’s supposed to make me think that any of the federal regulators are doing their job and protecting consumers or even punishing the bank’s bad acts… well, it’s just preposterous.  Mr. Bernanke, you’re treating me like I’m six years old again, and I resent it.

In the WSJ’s article, Bernanke was quoted as describing the foreclosure crisis as being a problem of bank regulation, “at some level”, adding that it is “also a macroeconomic problem.”

Memo to Federal Reserve Chairman Ben Bernanke: You are being an insensitive and obtuse jackass, and there’s no excuse for your offensive point of view because I’ve read your paper on the Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression,” so I know you’re smarter than that.  Yes, water is wet, the sky is blue, and the foreclosure crisis is most definitely a “macroeconomic problem.”  And thank you for stating the obvious.  But, it is also a microeconomic problem, Ben, because it is raping the American homeowner, and is responsible for the wholesale destruction of the lives of millions of middle class American citizens.  Did that thought not occur to you?

And we don’t really have “regulators,” right, Ben?  At least the design of the OCC and OTS, in which banks can essentially choose which one to be regulated by, is dysfunctional, right?  That design has led to the two bank regulators competing for clients by offering comparatively less oversight.  And Ben, if you would say that we do have regulators, then in response I would only posit: Which excesses have been curbed as a result of their regulation?

And in closing…

Sheila Bair also discussed the possibility that Fannie and Freddie, both now government-controlled, may force banks to buy back more defaulted loans, as they have already done, and at this point numerous private investors are filing suits that would demand the same.

According to the Zibel’s story, Sheila’s prepared remarks pointed out in this regard that:

“A significant amount of this exposure has yet to be quantified.”

Actually, I think quite a few people, including many private investors, have hypothesized as to the potential amount of this “exposure,” but it’s obviously not something the bankers would not want quantified on the evening news.  One lawsuit alone, filed on April 21st in the Commonwealth of Massachusetts by the Federal Home Loan Bank of Boston appears to be seeking recession of some $5.9 billion in mortgage-backed securities, to say nothing of the damages also being sought by the plaintiff.

And that’s just one of the more recent cases filed, but there are others as well.  One, against Bank of America/Countrywide, which if you click that blue type you’ll see I had fun writing about, and another I haven’t covered yet JPMorgan Chase, are both moving forward in the courts, and personally… I cannot wait.  I was hoping to make it to the U.S. Open this year, but now I’m saving my nickels so I can fly in to New York or Boston and sit in the back of the courtroom for one or two of these judicial bank bar-b-ques.  If you can’t make it, don’t worry because I think it’s safe to say that this is going to make for some compelling television… yes indeed.

And homeowners… like I’ve been saying… we’re in a river, not a lake… the water you’re standing in today is not the same water you were standing in yesterday and it sure as heck won’t be the same water tomorrow, so hold on… don’t give up the ship, or in this case the house.  Unless you want to, of course, in which case don’t pay any attention to the banker-people.  Get your own lawyer, choose him or her carefully, and do whatever is best for you.

Mandelman out.

CLICK HERE TO SUBSCRIBE TO MANDELMAN MATTERS

P.S. Below is Part One of the lawsuit filed by Federal Home Loan Bank of Boston against just about every single entity that was involved in the packaging, sponsoring, rating and offering of $5.9 billion in mortgage-backed securities. Pages 27, 28 &29 outline what the case is all about, and page 28, item ‘f’ is particularly interesting in my opinion as it says that the mortgages were not properly assigned to the trust and that therefore they are not enforceable by the trust in the event it needs to foreclose.

1-Federal Home Loan Bank of Boston v. IMH Assets Corp

May
13

You Owe The US Government $100,000 (And More Each Day)

Forget about the troubles with the your mortgage and your personal debt…it’s really just a side show to the $53 Trillion you and me and every American owe in the form of the US Government’s outstanding liabilities….

  • The national debt equates to $44,900 per person U.S. population, or $91,500 per member of the U.S. working population,[104] as of December 2010.
  • In 2008, $242 billion was spent on interest payments servicing the debt, out of a total tax revenue of $2.5 trillion, or 9.6%. Including non-cash interest accrued primarily for Social Security, interest was $454 billion or 18% of tax revenue.
  • Total U.S. household debt, including mortgage loan and consumer debt, was $11.4 trillion in 2005. By comparison, total U.S. household assets, including real estate, equipment, and financial instruments such as mutual funds, was $62.5 trillion in 2005.
  • A total of 161,000 tonnes of gold have been mined in human history, as of 2009.This is roughly equivalent to 5.175 billion troy ounces, which, at $1350 per troy ounce, would be $7.0 trillion.
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May
13

First Thing We Do…KILL ALL THE (FORECLOSURE DEFENSE) LAWYERS

foreclosure-lawyerTonight’s revelation that Deutsche Bank is suing the son of one of this country’s most important fraud fighters, Lynn Syzmoniak sent a chill running down my spine….and all of America should wake up and understand just what a terrifying country we live in because virtually every activists and attorney that has spoken out has been targeted…..

Lynn is just the most recent example, but there are far many other examples….especially in the State of Florida.  It is time for all of America to WAKE UP….

PLEASE CLICK HERE, READ THE STORY, SHARE THE STORY WITH FRIENDS AND LEAVE COMMENTS

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May
13

Deutsche Bank Sues Son of Whistleblower – Blatant Gestapo Intimdation Tactics

The banks and institutions that own our government are wielding all the evil firepower they can muster, and they are lashing out viciously at any American who would dare to challenge them.

There are examples too countless to mention here, but those of us who are in the fight have come to know with certainty that when you stand up and speak against what is happening in our country, there will be very real consequences.  As I write this, I labor under the pressure of the very real attacks that are currently pending against me but that I cannot yet disclose publicly.  I am facing a very trial for my crimes and that is fine, because if they convict me, there is no hope for any of us in this country anymore anyway.

Virtually every advocate who is speaking out is currently facing very specific attacks and investigations or they have been subjected to investigative probes that are the product of intimidation and harassment. But they’ve taken it to a whole other level when they are resorting to attacking the child of an advocate in a very public persecution…..

HUFFINGTON POST

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