February 3, 2010 | Foreclosure Fraud - Fighting Foreclosure Fraud by Sharing the Knowledge

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Recent Comments
- Amada Escandon Orourke: [PDF] Monday v. Saxon Mortgage Services, Inc www.gpo.gov/fdsys/pkg/̷...
- Wake Up America!: But, but…..the OCC/IFR says this has only happened to 53 people in the entire country....
- Wake Up America!: There is only one reason Wells, Citi or any other bank is halting foreclosures – to delay...
- LDTX: LDTX Have to agree with everybody’s comments. Bank of America, America’s Wholesale Lender, MERS,...
- Wake Up America!: The current rate is MUCH higher when compared to foreclosures during the Great Depression. There...
- neidermeyer: Question No. 1, for example, is “Is the loan’s default status accurate?”...
- dee preston: Like anyone can trust any thing these agencies do or have done. The trust has been destroyed. How can we...
- withament: My Family Home was Targeted with Counter Measure Flares from a Military Helicopter and We were BOMBED...
- withament: My Family Home was Targeted with Counter Measure Flares from a Military Helicopter and We were BOMBED...
- 4closureFraud: Of course this kind of a statement would only come from a foreclosure mill attorney. Ain’t that...

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Fannie Mae – Servicers To Use Imminent Default Indicator For HAMP

Posted by 4closureFraud on February 3, 2010 · 1 Comment

Introduction Freddie Mac’s Imminent Default Indicator™ (IDI) is a statistical model that predicts the likelihood of default or serious delinquency for mortgage loans that are less than 60 days past due. ThisAnnouncement introduces the use of IDI through Fannie Mae’s HomeSaver Solutions® Network (HSSN), requires the use of verified income documentation before entering the borrower … Read more

Filed under bankruptcy, cdo, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac · Tagged with 4closurefraud, cdo, cds, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, hafa, HAMP, livinglies, MERS, mortgage electronic registration system

NY Times – No Help in Sight, More Homeowners Walk Away

Posted by 4closureFraud on February 3, 2010 · 1 Comment

By DAVID STREITFELD Published: February 2, 2010 In 2006, Benjamin Koellmann bought a condominium in Miami Beach. By his calculation, it will be about the year 2025 before he can sell his modest home for what he paid. Or maybe 2040. “People like me are beginning to feel like suckers,” Mr. Koellmann said. “Why not … Read more

Filed under bankruptcy, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud · Tagged with 4closurefraud, bank fraud, bankruptcy, cdo, cds, foreclosure, Foreclosure Fraud, MERS, mortgage electronic registration system, predatory lending, strategic default, walk away, wall street fraud

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Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge

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Fannie Mae – Servicers To Use Imminent Default Indicator For HAMP

NY Times – No Help in Sight, More Homeowners Walk Away

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