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Foreclosure Fraud Guide
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ASSIGNMENT FRAUD REPORT
HuffPo | Lisa Epstein Aim’s To Take Over Palm Beach County County Courthouse, Lands Endorsement from Rep. Alan Grayson (D)
“It’s people like Lisa Epstein and foreclosure-focused websites like 4closurefraud.org and foreclosurehamlet.org that have kept him in the loop on foreclosure news.” ~ Foreclosure Victims Aim To Take Over County Courthouses Solutions to the ongoing foreclosure crisis are virtually absent from the national political debate, but in Florida, one of the states hardest-hit by the … Read more
Large Family, (Tenants) Including Child With Cancer, Blindsided By Illegal Eviction (VIDEO)
Large OC Family, Including Child With Cancer, Blindsided By Eviction ORANGE (CBS) — An Orange County family was kicked out of their home Thursday morning despite paying the rent on time, and, now, eight people, including a child with cancer, are homeless. “My brothers and sisters thought because they brought lots of cops that we … Read more
The Home Defenders League | Families Caught in Foreclosure Crisis Unite in National Campaign
Families caught in foreclosure crisis unite in national campaign A national campaign representing more than 50,000 families caught up in America’s foreclosure crisis has been launched, with the aim of making mortgage relief a key issue in battleground states during the 2012 election. The Home Defenders League, launched on Thursday, plans to be active in … Read more
GSE Principal Reduction in Nevada Not a Policy Shift, It’s Probably Because it is Now a Felony to Commit Foreclosure Fraud in Nevada
State Takes Fresh Crack at Mortgages Fannie Mae and Freddie Mac will participate in a Nevada program that cuts loan balances for certain homeowners who are current on their mortgages and owe more than their houses are worth in what could be a model for other hard-hit states. Under a pilot program launched Friday, Nevada … Read more
OIG Audit Report | SAFETY AND SOUNDNESS: OCC’s Supervision of National Bank’s Foreclosure Practices Sucked
Results in Brief OCC examination procedures during the period 2008 through 2010 were not sufficient in scope or application to identify significant weaknesses in national banks’ foreclosure documentation and processing functions. During this time OCC did not consider foreclosure documentation and processing to be an area of significant risk and, as a result, did not … Read more
JOE NOCERA – The Mortgage Fraud Fraud
The Mortgage Fraud Fraud Second, though, it seemed incredible to me that with all the fraud that took place during the housing bubble, the Justice Department was focusing not on the banks that had issued the fraudulent loans, but rather on those who had taken out the loans, which invariably went sour when housing prices … Read more
ContagionEx | STD’s Don’t Have to be Embarrassing (VIDEO)
Does the ailing world economy get you down? ContagionEx might be for you! Take a look at economic austerity and saving the world in a whole new light. ~ 4closureFraud.org Tweet
Lee Camp | Obama Administration Changes The Definition Of Civilians (VIDEO)
Killing too many civilians? Just change the definition. It’s that easy. [more at LeeCamp.net] ~ 4closureFraud.org Tweet
Government (FHA) Foreclosures Jump 73 Percent in April
FHA Foreclosures Jump 73 Percent in April Foreclosure starts on loans backed by the Federal Housing Administration rose 73 percent between March and April, driven by defaults on mortgages issued in 2008 and 2009, according to a report today by mortgage data provider Lender Processing Services. The increase in FHA foreclosure actions came as overall … Read more
SUPREME COURT – STATE OF NEW YORK | DEUTSCHE BANK NATIONAL TRUST COMPANY vs VASQUEZ RE STANDING
DEUTSCHE BANK NATIONAL TRUST COMPANY AS TRUSTEE FOR THE REGISTERED HOLDERS OF MORGAN STANLEY ABS CAPITAL I INC. TRUST 2007-HE7 MORTGAGE PASS- THROUGH CERTIFICATES, SERIES 2007- HE7 Plaintiff (s) VS NELSON VASQUEZ, EDIS VASQUEZ, PETRO, INC., COMMISSIONERS OF THE STATE INSURACE FUN, “JOHN DOE #1″ through “JOHN DOE #12″ et al, Through a series of … Read more
KEITH JUROW | Prepare For The Coming Housing Collapse
Serious Mortgage Delinquencies – The Real Story We have been told that the rate of mortgage delinquencies has been declining over the last year. Let’s see. In the NYC metro area, the banks drastically cut back foreclosing on properties in the spring of 2009 and have never changed their policy. This has nothing to do … Read more
A Foreclosure Comedy | MERS, JPMORGAN, HOMECOMINGS vs BANK OF AMERICA, FLEET
MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., and HOMECOMINGS FINANCIAL, LLC., Plaintiffs-Respondents, v. AMBOY NATIONAL BANK, n/k/a/ AMBOY BANK, MAGDY OMAR, and NASER BELOSA, Defendants, and BANK OF AMERICA, N.A., f/k/a FLEET BANK, Defendant-Appellant. In this appeal, we are required to determine whether a payee who rejects and returns a check to the payor has standing to … Read more
Must View Video | Capital Account – Exclusive Interview of Fired CBO Foreclosure Fraud Whistleblower Lan T Pham
Below is her full story Following the Wall Street Journal story, “Congress’s Number Cruncher Comes under Fire,” I realized that the true nature of the issues would not come out. Therefore, I am making public the letter that I wrote to Senator Grassley (Feb. 23, 2011) regarding circumstances that led to my firing after 2.5 … Read more
Delaware v MERSCORP | Delaware Struggles to Sustain its MERS Lawsuit
Delaware struggles to sustain its MERS lawsuit (Reuters) – Attorneys for the state of Delaware struggled at a court hearing on Wednesday to keep alive a closely watched lawsuit against MERS, the electronic mortgage registry accused of abuses in housing foreclosures. The state’s lawsuit, announced at press conference in October, is seen as a test … Read more
Advocates Applaud California Congressional Delegation’s Call for Investigation into FHFA’s Lobbying Efforts Against the Homeowner Bill of Rights
Advocates Applaud California Congressional Delegation’s Call for Investigation into FHFA’s Lobbying Efforts Against the Homeowner Bill of Rights May 30, 2012– Fourteen members of the California Congressional Delegation sent a letter to the Federal Housing Finance Agency blasting its involvement and opposition to key pieces of the Homeowner Bill of Rights package being considered in … Read more
The Bully Model of Consumer Finance and Litigation
The Bully Model of Consumer Finance and Litigation There’s a fearful symmetry in the consumer finance world. It’s a symmetry of bullies between overreaching financial institutions and plaintiff strike suits, as in both, litigation costs present a ceiling, under which there’s a license to overreach. What does a bully do? A bully looks and acts … Read more
Whistleblower Who Couldn’t Be Intimidated By Citigroup Wins $31 Million
Woman Who Couldn’t Be Intimidated by Citigroup Wins $31 Million Sherry Hunt never expected to be a senior manager at a Wall Street bank. She was a country girl, raised in rural Michigan by a dad who taught her to fish and a mom who showed her how to find wild mushrooms. She listened to … Read more
Mortgage Electronic Registration Systems (MERS) Wants Delaware Attorney General Biden’s “Absurd and Baseless” Lawsuit Dismissed
“The lawsuit also claims MERS’ conduct led to unlawful foreclosure practices, but MERS says the suit doesn’t cite a single instance in which a Delaware consumer not in default on a mortgage lost a home in foreclosure because of its actions.” ~ Mortgage registration company wants suit dismissed WILMINGTON, Del. (AP) – A company that … Read more
DealBook | Dim Prospects for Financial Crisis Prosecutions
Dim Prospects for Financial Crisis Prosecutions As has been noted many times, the lack of criminal prosecutions arising out of the financial crisis has been painfully obvious. And two items in the news last week underscores that the prospect for a signature case is growing even more distant. First, Reuters reported on Thursday that Securities … Read more
Wells Fargo to Pay Out $7.5 Million to End the Memphis-Shelby County Lending Discrimination Lawsuit
Wells Fargo to provide $7.5 million to end Memphis, Shelby County lawsuit Pledges another $400 million in loans Mortgage giant Wells Fargo will pay $7.5 million to end a lending discrimination lawsuit filed by Memphis and Shelby County, more than half the money going to down payment and home renovation assistance. Individuals who want to … Read more
