Veteran’s Four Year Foreclosure Fiasco Finally Comes to an End – Ocwen Gives Back Stolen Title to Paid Off Home

Happy Memorial Day! Loan Servicer Sought Foreclosure Despite Proof Mortgage Was Paid GREENFIELD, Ind. — A woman who said she had no idea that her house had been put up for foreclosure even though the mortgage was paid off is relieved that a loan servicing company has backed off after years of struggle. After Marilyn … Read more

Deadbeat or Not? You Decide! Re: Lehman Brothers Holdings, Inc.

From the Hamlet Again, let’s revisit that “deadbeat borrower” stigma again. The pervasive yet hollow-toned propaganda aimed at diverting attention from the real perpetrators of the biggest scam in the history of the world by blaming the family whose scheming ways had them planning and executing the downfall of the global economy (and even worse, … Read more

The Market Ticker – And The Housing Fraud Continues

Posted by Karl Denninger From a report emailed to me over the weekend: At the core of the foreclosure-prevention strategy is ignoring delinquencies. The percentage of older delinquent loans not yet in foreclosure is startling: 60% have at least 12 missed payments, and 35% have at least 18 missed payments. Add to this that three-fourths … Read more

Understanding the Securitization Process and the Impact on Consumer Bankruptcy Cases

Random Repost Blast from the Past. Going to start off each day with a random repost from the archives… Securitization is a complex series of financial transactions designed to maximize cash flow and reduce risk for debt originators. This is achieved when assets, receivables or financial instruments are acquired, classified into pools, and offered as … Read more

Updated Video Page with Some Favorites

Will be updating this page with a lot more throughout the week… Stay Tuned… You can see all of the videos that have been put up so far below… 4closureFraud Tim Miller – “Love, Your Broken Home” **NEW SONG** ________________________________________________________________________________ Fighting Foreclosure Fraud ________________________________________________________________________________ Task Force Takes Down Homeowner with Guns Blazing ________________________________________________________________________________ Federal Reserve … Read more