Posted by 4closureFraud on March 23, 2010 · Leave a Comment
This sounds like a spoof but it’s actually called Securitization. Why else would they refinance a vehicle for more than its current value? Responsible Lending, HA! Cash Out Refinance & Vehicle Refinancing Auto Loan Apply Now Or Call 1-877-246-1015 Understanding Cash Out Refinance Loans Obtaining a cash out refinance loan means applying for a new … Read more
Filed under bankruptcy, cdo, cds, Corruption · Tagged with 4closurefraud, auto loan, bankruptcy, cdo, cds, refinance, repo, securitized, wells fargo
Posted by 4closureFraud on March 23, 2010 · 12 Comments
Florida Supreme Task Force on Residential Mortgage Foreclosure Cases So the story goes like this… Administrative Order. The Chief Justice established the task force in March 2009 by Administrative Order in the wake of dramatic increases in residential mortgage foreclosure case filings. Petition. The original Petition to amend the rules of court was filed with … Read more
Filed under bankruptcy, cdo, cds, Corruption, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, assignment, bank fraud, bankruptcy, cdo, cds, clouded title, conspiracy, criminal, Florida Bankers Association, foreclosure, Foreclosure Defense, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, motion to dismiss, produce the note, Robert E. Bostrom, securities fraud, securitized, Shapiro & Fishman, Supreme Court of Florida, Task Force on Residential Mortgage Foreclosure Cases, verification of mortgage foreclosure complaints, wall street fraud, wrongful foreclosure
Posted by 4closureFraud on March 22, 2010 · 12 Comments
These depositions would be comical if it weren’t for the fact that people are losing their homes… Takes a moment to load… Q. And in executing affidavits as a vice president, do you receive any compensation from MERS? A. No. Q. Have you had any training from MERS? A. No. Q. Okay. How many documents … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, assignment, bank fraud, bankruptcy, cdo, cds, clouded title, conspiracy, criminal, Fannie Mae, fight the banks, foreclosure, Foreclosure Defense, Foreclosure Fraud, forgery, fraud, freddie mac, GMAC, Jeffrey Stephen, livinglies, MERS, mortgage electronic registration system, produce the note, recordings, securities fraud, securitized, Stop foreclosure, wrongful foreclosure
Posted by 4closureFraud on March 22, 2010 · 1 Comment
Below is an example of a Notice of Taking Deposition. Using this discovery tool greatly increases your chances against your accusers. They will fight you tooth and nail not to let the depositions happen but when the Judge allows them we end up with gems like the Full Deposition of the Infamous Erica Johnson Seck, … Read more
Filed under Foreclosure Fraud · Tagged with 4closurefraud, Angela Nolan, assignment, bank fraud, bankruptcy, cdo, cds, Cheryl Samons, clouded title, conspiracy, criminal, deposition, erica johnson seck, foreclosure, Foreclosure Fraud, forgery, livinglies, MERS, mortgage electronic registration system, recordings, securities fraud, securitized, wrongful foreclosure
Posted by 4closureFraud on March 22, 2010 · 2 Comments
Via LivingLies “Based upon the foregoing facts and circumstances, it is apparent that the securitization of mortgages over the last decade has been conducted on false premises, false representations, resulting in intentional and inevitable negative outcomes for the debtors and creditors in virtually every transaction. The clear provisions for damages and other remedies provided under … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, appeal foreclosure, assignment, bank fraud, bankruptcy, cdo, cds, clouded title, conspiracy, criminal, deed of trust, Fannie Mae, foreclosure, Foreclosure Defense, Foreclosure Fraud, fraud, freddie mac, livinglies, MERS, mortgage electronic registration system, neil garfield, predatory lending, produce the note, securities fraud, securitized, Stop foreclosure, tila, Truth in Lending Act, wall street fraud, yeild spread
Posted by 4closureFraud on March 19, 2010 · 6 Comments
Via Jeff Barnes, Esq., www.ForeclosureDefenseNationwide.com March 17, 2010 FDN has obtained another borrower victory in Florida by having a summary judgment of foreclosure vacated. The Judge in the Brevard County Circuit Court has entered an Order, on motion of the borrower which was prepared, filed, and argued in person by Jeff Barnes, Esq., vacating and … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, assignment, bank fraud, Brevard County, cdo, cds, clouded title, conspiracy, criminal, david j stern, fdn, fight the banks, foreclosure, Foreclosure Defense, Foreclosure Fraud, fraud, Jeff Barnes, livinglies, MERS, mortgage electronic registration system, motion to dismiss, produce the note, recordings, securities fraud, securitized, Stop foreclosure, wall street fraud, wrongful foreclosure
Posted by 4closureFraud on March 19, 2010 · 2 Comments
Here we go again… “A principal write-down or principal forgiveness is prohibited on Fannie Mae mortgage loans”. Fannie Mae’s Alternative Modification to the Home Affordable Modification Program Introduction In Announcement SVC-2010-03, Home Affordable Modification Program – Program Update and Resolution of Active Trial Modifications, servicers were instructed how to resolve active trial modifications under the … Read more
Filed under bankruptcy, cdo, cds, Fannie Mae, foreclosure, Foreclosure Fraud, MERS, mortgage electronic registration system, securities fraud · Tagged with 4closurefraud, Alt Mod, cdo, cds, Fannie Mae, fight the banks, foreclosure, Foreclosure Defense, Foreclosure Fraud, hafa, HAMP, livinglies, MERS, mortgage electronic registration system, produce the note, wall street fraud, wrongful foreclosure
Posted by 4closureFraud on March 19, 2010 · 6 Comments
VIA Stop Foreclosure Fraud There have been many reports of defendants receiving hearing notices AFTER the hearing was held. Are they are omitting the dates so defendants miss their hearings but they can still claim the notice was sent? Wanted: Envelopes like below which Foreclosing Mills are omitting postage meter dates. Here is an example. Remember … Read more
Filed under Corruption, foreclosure, Foreclosure Fraud · Tagged with 4closurefraud, conspiracy, criminal, david j stern, fight the banks, foreclosure, Foreclosure Defense, Foreclosure Fraud, FORECLOSURE MILLS, fraud, livinglies, wrongful foreclosure
Posted by 4closureFraud on March 18, 2010 · 2 Comments
HENRY BOTELHO, Plaintiff, v. U.S. BANK, N.A., as Trustee for the LXS 2007-4N Trust, Defendant Defendant U.S. Bank, N.A., as Trustee for the LXS 2007-4N Trust (“U.S. Bank”), seeks dismissal under Federal Rule of Civil Procedure 12(b)(6) of a complaint filed by plaintiff homeowner Henry Botelho. Specifically, U.S. Bank claims that Botelho cannot state a … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, appeal foreclosure, assignment, bank fraud, bankruptcy, clouded title, conspiracy, criminal, deed of trust, foreclosure, Foreclosure Fraud, forgery, fraud, HENRY BOTELHO, MERS, mortgage electronic registration system, produce the note, rescission, securitized, tila, U.S. Bank, wall street fraud, wrongful foreclosure
Posted by 4closureFraud on March 18, 2010 · 3 Comments
From Matt Weidner’s Blog “I seek comments and input from all interested parties”… “Read on, reply and tear this apart people….let me know what you think”… Below are excerpts from my memorandum which addresses the problems with Allonges in foreclosure actions. It is a work in progress, but my comprehensive research reveals that there are … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, Allonge, appeal foreclosure, assignment, bank fraud, cdo, cds, clouded title, criminal, fight the banks, foreclosure, Foreclosure Fraud, forgery, fraud, Matt Weidner, MEMORANDUM, motion to dismiss, produce the note, recordings, securities fraud, securitized, wall street fraud, wrongful foreclosure
Posted by 4closureFraud on March 18, 2010 · 1 Comment
Yesterday I posted… Federal Home Loan Bank Sues Over Mortgage Securities By Karen Gullo and Jody Shenn March 16 (Bloomberg) — The Federal Home Loan Bank of San Francisco sued nine securities dealers alleging they misled it about the credit quality and risks of loans behind $19.1 billion in private-label residential mortgage-backed securities. Units of … Read more
Filed under bankruptcy, cdo, cds, Corruption, foreclosure, Foreclosure Fraud, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, bank fraud, cdo, cds, clouded title, conspiracy, Credit Suisse Securities, criminal, Deutsche Bank Securities, Federal Home Loan Bank, foreclosure, Foreclosure Fraud, fraud, livinglies, MERS, mortgage electronic registration system, Mortgage Fraud, predatory lending, San Francisco, securities fraud, securitized, theft, wall street fraud, WAMU, wrongful foreclosure
Posted by 4closureFraud on March 18, 2010 · Leave a Comment
Yesterday I posted… Federal Home Loan Bank Sues Over Mortgage Securities By Karen Gullo and Jody Shenn March 16 (Bloomberg) — The Federal Home Loan Bank of San Francisco sued nine securities dealers alleging they misled it about the credit quality and risks of loans behind $19.1 billion in private-label residential mortgage-backed securities. Units of … Read more
Filed under Foreclosure Fraud · Tagged with 4closurefraud, bank fraud, cdo, cds, clouded title, conspiracy, criminal, Deutsche Bank Securities, Federal Home Loan Bank, foreclosure, Foreclosure Fraud, fraud, livinglies, MERS, mortgage electronic registration system, Mortgage Fraud, predatory lending, San Francisco, securities fraud, securitized, theft, wall street fraud, WAMU, wrongful foreclosure
Posted by 4closureFraud on March 17, 2010 · 4 Comments
Federal Home Loan Bank Sues Over Mortgage Securities By Karen Gullo and Jody Shenn March 16 (Bloomberg) — The Federal Home Loan Bank of San Francisco sued nine securities dealers alleging they misled it about the credit quality and risks of loans behind $19.1 billion in private-label residential mortgage-backed securities. Units of Credit Suisse Group … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, bank fraud, cdo, cds, clouded title, criminal, deed of trust, fight the banks, livinglies, MERS, mortgage electronic registration system, securities fraud, wall street fraud, wrongful foreclosure
Posted by 4closureFraud on March 16, 2010 · 2 Comments
By George W. Mantor RISMEDIA, March 16, 2010—Things are starting to get really ugly out here on the front lines. The banksters latest tactic has them confirming in writing that the homeowner’s eligibility for a modification is being considered while secretly continuing to foreclose. The homeowner breathes a huge sigh of relief and waits….and waits….and … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, bank fraud, bankster, bogus, bogus assignments, California Civil Code 2924, clouded title, conspiracy, criminal, deed of trust, eviction, foreclosure, Foreclosure Fraud, george mantor, homeless, MERS, mortgage electronic registration system, produce the note, trustee, wrongful foreclosure
Posted by 4closureFraud on March 16, 2010 · 2 Comments
Not only is Hamp a total failure, entering into any type of modification agreement not only puts you in a far worse place than before you entered the agreement, you also wave all of your rights and defenses that you had against the pretender lender that will foreclosure on you when you are declined… Read … Read more
Filed under bankruptcy, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, assignment, bank fraud, bankruptcy, cdo, cds, clouded title, conspiracy, criminal, Fannie Mae, fight the banks, foreclosure, Foreclosure Defense, Foreclosure Fraud, fraud, freddie mac, hafa, HAMP, karl denninger, livinglies, MERS, mortgage electronic registration system, predatory lending, produce the note, securities fraud, wrongful foreclosure
Posted by 4closureFraud on March 16, 2010 · 1 Comment
Senator Ted Kaufman “Gets it” by U.S. Senator Ted Kaufman March 15, 2010 Mr. President, last Thursday, the bankruptcy examiner for Lehman Brothers Holdings Inc. released a 2,200 page report about the demise of the firm and which included riveting detail on the firm’s accounting practices. That report has put in sharp relief what many … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, bank fraud, cdo, cds, clouded title, conspiracy, criminal, deed of trust, Ernst & Young, Fannie Mae, FERA, fight the banks, foreclosure, Foreclosure Defense, Foreclosure Fraud, fraud, freddie mac, Lehman Brothers, livinglies, MERS, mortgage electronic registration system, Racketeering, Repo 105, securities fraud, securitized, Ted Kaufman, THE RULE OF LAW AND WALL STREET, wall street fraud, wrongful foreclosure
Posted by 4closureFraud on March 15, 2010 · 1 Comment
Nearly 7.5 Million Loans Are In Some Stage of Delinquency; Estimated One Million Properties in REO Status JACKSONVILLE, Fla., March 15 /PRNewswire-FirstCall/ — The February 2010 Mortgage Monitor report, released by Lender Processing Services, Inc. (NYSE: LPS), a leading provider of mortgage performance data and analytics, shows that while delinquency rates in the U.S. have … Read more
Filed under bankruptcy, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system · Tagged with 4closurefraud, assignment, clouded title, foreclosure, Foreclosure Fraud, lender processing services, lps, MERS, mortgage electronic registration system, Mortgage Monitor report
Posted by 4closureFraud on March 14, 2010 · 8 Comments
Here’s to all the requests. Screen might freeze for a few but be patient. Takes a bit to load. Enjoy… 4closureFraud Full Deposition of the Infamous Erica Johnson Seck Tweet
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, assignment, bank fraud, Cheryl Samons, clouded title, conspiracy, criminal, erica johnson seck, Fannie Mae, fight the banks, foreclosure, Foreclosure Defense, Foreclosure Fraud, fraud, freddie mac, HARDSHIP, livinglies, MERS, mortgage electronic registration system, produce the note, recordings, securities fraud, securitized, Stop foreclosure, wrongful foreclosure
Posted by 4closureFraud on March 14, 2010 · 4 Comments
Title: SECURITIZATION IS ILLEGAL. AUTHOR: MICHAEL NWOGUGU, Certified Public Accountant (Maryland, USA); B.Arch. (City College Of New York). MBA (Columbia University). Attended Suffolk Law School (Boston, USA). Address: P. O. Box 170002, Brooklyn, NY 11217, USA. Phone/Fax: 1-718-638-6270. Email: datagh@peoplepc.com; mcn111@juno.com. Abstract Under US laws, securitization is illegal, primarily because its fraudulent and causes specific … Read more
Filed under Foreclosure Fraud · Tagged with 4closurefraud, bank fraud, cdo, cds, clouded title, conspiracy, criminal, fight the banks, foreclosure, Foreclosure Fraud, fraud, livinglies, MERS, MICHAEL NWOGUGU, mortgage electronic registration system, Racketeering, securities fraud, securitized, wall street fraud
Posted by 4closureFraud on March 12, 2010 · 1 Comment
Calculated Risk: From Treasury: Administration Releases February Loan Modification Report Click on graph for larger image in new window. Over 168,000 modifications are now permanent. 88,663 trial modificatons have been cancelled (and another 1,499 permanent mods cancelled). Here is the report. See here for a list of reports. Lets see: there were 553,051 cumulative HAMP … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, assignment, bank fraud, bankruptcy, cdo, cds, conspiracy, criminal, MERS, mortgage electronic registration system, produce the note, securitized, wall street fraud, wrongful foreclosure
