Can it Be? Fraud at the Credit Rating Agencies

Fraud at the Credit Rating Agencies By: David Dayen If we had a media that highlighted events in proportion to their importance to the nation, Carl Levin’s Permanent Subcommittee on Investigations would be plastered across every channel in the nation, including MTV. He has done some spectacular work on the financial crisis in a series … Read more

Court Ordered Discovery – I Found the Fraud by WAMU’s Underwriter – Provable, Tangible and Undeniable

By Rob Harrington Email to Senate Sub-Committee re: WAMU’s Fraudulent (criminal) business practices I am sending out copies of this email to others to enlighten them as to the Senate Sub-Committee hearing with Kerry Killinger and Steve Rotella, both formerly of Washington Mutual Bank (WAMU.) I have proof that WAMU INTENTIONALLY changed my debt to … Read more

MERS Loan Registry Raises Legal Questions

The Salt Lake Tribune  A small real estate data-management company is the focus of a widening legal controversy that could affect millions of U.S. foreclosures, including thousands filed against distressed homeowners in Utah. The nation’s largest lenders created Mortgage Electronic Registration Systems (MERS), of Reston, Va., in 1994 as a loan registry designed to save … Read more

What We Did Was Criminal – Confessions Of A Former Loan Officer

Bring Criminal Charges Against Chief Executives of Leading Originators And Securitizers of Stated-Income Mortgages by Michael David White   You can steal and burn money many different ways. Leaders of financial firms use a conservative bias with money they lend to protect society’s most precious asset: Savings accumulated through blood, sweat, tears — sacrifice. Unless you live … Read more

Stop! Thief! Foreclosure Prevention 101

Neil Garfield LivingLies Nobody ever thought that returning a lady’s purse to her after a purse snatcher ran away with it was a gift. So why is anyone contesting returning the purse to homeowners who had their lives snatched from them? The baby steps of the Obama administration are frustrating. Larry Summers, Tim Geithner and … Read more

Confidential Treatment Requested by Goldman Sachs – Senate Subcommittee Investigating Financial Crisis Releases Documents on Role of Investment Banks

WASHINGTON – The Senate Permanent Subcommittee on Investigations released several exhibits that will be among those discussed on Tuesday at the fourth of its hearings on the causes and consequences of the financial crisis. Using Goldman Sachs as a case study, the April 27 hearing will focus on the role of investment banks in contributing … Read more

Fresh from the Pigs Ass – Bennett’s 2008 Contributor List

Fresh from the Pigs Ass… Scroll down for updates… UPDATE: 04/24/10 Senator Mike Bennett accepted thousands of dollars in contributions in each of his elections from the banking and finance industry.  See the highlighted entries from his campaign contributions report for the 2008 election below. With all of that money coming from the banksters, it’s no wonder … Read more

Rally in Tally WEAR 3 News Top Stories Video – Home Owners Facing Foreclosure came to the Capitol Wednesday to Drive a Stake in the Heart of the Bill

WEAR 3 NEWS TOP STORIES VIDEO Click through to view TALLAHASSEE – Bankers in Florida have been pushing legislation to reduce the amount of time it takes to foreclose on a home, but concerns seemed to have stopped the legislation dead in its tracks. A busload of home owners facing foreclosure came to the Capitol … Read more

Well well well… Looks like Someone is Upset – MERS makes a Comment on 4closureFraud

Now you know when MERS stops by and takes the time to leave a comment on your blog, you know you are making an impact in this ever uphill battle… I confirmed the ip address and it is authentic. It came straight out of Merscorp, Inc. Fairfax, Virginia. Fairfax, Virginia, United States Merscorp, Inc (66.239.151.2) … Read more

Senator Michael Bennett – You are the Pigs Ass

Straight from The Pigs Ass WOW! TALK ABOUT AN ASS! ARROGANT SENATOR BENNETT, not even pretending to have concern for those thousands losing their homes in his district! http://ning.it/aO9SLt For now, Republican Senator Mike Bennett has had to put the bill on hold, because the banks argue the bill is too consumer-friendly. With eight days … Read more

Supreme Court Tells Debt-Collection Law Firm that Ignorance of Law Is No Excuse

ABA JOURNAL By Debra Cassens Weiss Law firms that misinform a debtor facing foreclosure about his or her legal obligations aren’t shielded from liability for the legal error, the U.S. Supreme Court has ruled. In a 7-2 opinion (PDF) by Justice Sonia Sotomayor, the Supreme Court said the “bona fide error defense” doesn’t protect debt … Read more

Shame the Banks’ Zombeck Goes to Washington… and Needs Your Stories

    Richard Zombeck HuffPost’s Eyes & Ears Mortgage Specialist Mr. Zombeck Goes to Washington and Needs Your Stories Thanks to MASSPIRG and Americans for Financial Reform (AFR), I’ll be going to Washington next week to meet with my Congressmen. I’m hoping to have thousands of stories on shamethebanks.org from people who have suffered at … Read more

Don’t try this at Home? New DVD Shows Man Destroying a Foreclosed Home for Fun and Profit

This is not an endorsement or an add nor am I receiving any money to promote this DVD. I just couldn’t stop laughing after I came across the site so I thought I would share… This isn’t an endorsement or an ad nor am I receiving any money to promote this DVD. I just couldn’t … Read more

A MASSIVE decision from the US Supreme Court…Foreclosure Mills are covered by the Fair Debt Collection Act

From Matt Weidner’s Blog While we were busy railing away in front of the Florida Supreme Court yesterday…THE SUPREME COURT….the US SUPREME COURT issued a massive ruling that will send shock waves through all foreclosure mills.  This April 21, 2010 decision found that foreclosure mill law firms are subject to the Fair Debt Collection Practices … Read more

WSJ Strikes Again – Judge Finds “Fraud” in Foreclosure Mess

Did I hear the words Mislead? Perjury? & FRAUD? Thank you again for pointing out these ISSUES! SIR! Judge Finds “Fraud” in Foreclosure Mess By Amir Efrati For three years we’ve chronicled the foreclosure madness taking place in our nation’s civil and bankruptcy courts. (Examples here, here and here.) Recently, the mess has attracted the … Read more

DJSP’s Expertise and Comprehensive Electronic Platform Will Expedite Lender’s New, Alternative Foreclosure Initiative

Via StopForeclosureFraud The PROOF is in coding…Figure this one out! DJSP’s Expertise and Comprehensive Electronic Platform Will Expedite Lender’s New, Alternative Foreclosure Initiative PLANTATION, Fla., April 21 /PRNewswire-FirstCall/ — DJSP Enterprises, Inc., (Nasdaq: DJSP) one of the largest providers of processing services for the mortgage and real estate industries in the United States, today announced … Read more

DJSP Enterprises, Inc. Announces Agreement to Acquire Timios, Inc., Expand Presence Into 38 States

Adds Established National Title Insurance Agency with Multiple Locations Across the US for Expansion of Cyclical Products and Services to the Real Estate and Mortgage Industries PLANTATION, Fla., April 19 /PRNewswire-FirstCall/ — DJSP Enterprises, Inc. ( DJSP, DJSPW, DJSPU), one of the largest providers of processing services for the mortgage and real estate industries in … Read more

Full Video of our Rally in Tally

Full Video of our Rally in Tally – April Charney, Matthew Weidner, Chip Parker, Foreclosure Hamlet & 4closureFraud along with many others Here are links to videos of the speeches that were given at the rally Now in High Quality HD Thank you to ALL for an Extremely Successful Event! Click through to view the … Read more

A Short Housing Story – How They Steal Your Home

Title says it all… Tweet

Rally in Tally Update from Matt Weidner

Yesterday’s Rally in Tally- the Rally in Support of Homeowner’s Rights was both a terrifying and inspiring event.  The inspiring part was that homeowners and attorneys from across the took time away from their lives to be part of this hastily-planned event. The terrifying part is finding out just how ill-informed are legislators are and … Read more

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