Combating the Judicial Foreclosure Slaughterhouse: Aug 4th 5:30pm West Palm Beach, FL Monthly Happy Hour

FORECLOSURE SLAUGHTERHOUSE!  IT’S A BLOOD BATH OUT THERE! Come join at our next Happy Hour, an informal gathering where we can relax, socialize, enjoy stimulating conversation, and use our collective brain power to make a positive impact on the Foreclosure Crisis that is annihilating our communities.   Flyer attached. Please pass this along to anyone … Read more

One West Bank Winterizes Womans NON Foreclosed Fully Paid Gardening Business Causes $35,000 in Losses

“Unfortunately, things like this happen from time to time. We would like to rectify it.” ~ Then cover her damages… ABC News 12 Reports Typo could cost longstanding local business Excerpts from the report… CLIO (WJRT) — (07/27/10)–A well-known master gardener in Mid-Michigan says her business could be headed for closure, all because of a … Read more

Looks Like Someone Submitted a FOIA Request to Palm Beach County RE Rocket Docket Scheduling

I bet this is going to be interesting… ~ 4closureFraud.org ~ PBC Clerk FOIA Foreclosure Rocket Docket Request Tweet

Well Now Isn’t This Interesting… A New Spin on Bank Fraud: Banks Defrauding Their Investors, Auditors and Regulators RE Foreclosures

A New Spin on Bank Fraud: Banks Defrauding Their Investors, Auditors and Regulators And Judges too… Lets pull some excerpts from this piece and see what we can learn… Last week, I made clear to my readers and subscribers that the bank malaise is not over… Housing prices are still on their way down, save … Read more

David J. Stern DJSP Hit With Another Investigation into Possible Breaches of Fiduciary Duties

“As a result of defendants’ false statements, DJSP’s stock traded at artificially inflated prices during the Class Period.” ~ Press Release July 28, 2010, 6:55 p.m. EDT The Briscoe Law Firm, PLLC and Cash Powers Taylor, LLP Announce the Investigation of Possible Breaches of Fiduciary Duties Against the Officers and Directors of DJSP Enterprises, Inc. … Read more

How We Ended the Great Recession – White Paper on The Great Depression 2.0

I found this little gem over at washington’s blog And Alan Blinder (economist, banking consultant and former Vice Chairman of the Board of Governors of the Federal Reserve System) and chief Moody’s economist Mark Zandi wrote a paper yesterday called How We Ended the Great Recession: A source on Capitol Hill sent this to me, … Read more

Promissory Fraud – Consider Using if You had a Predatory Lender?

From: 83jjmack Let’s not forget about promissory fraud. Homeowners were promised many things during the loan origination process that never materialized. Promissory fraud permits the recovery of punitive damages and allows for the avoidance of procedural bars such as Statute of Frauds and parol evidence rule. Promissory fraud can also give rise to criminal liability. … Read more

WHOA!!! Another CLASS ACTION FILED Against DJSP & MERS – Figueroa v. Law Offices Of David J. Stern, P.A. and MERSCORP, Inc.

Tick tock, tick tock, tick toc, tic toc… ~ BOOM!!! ~ Lets see, in the past couple weeks, we discussed… Foreclosure Fraud Exposed!!! Foreclosures Bring Wealth, Rebukes for Florida Lawyer David J. Stern Posted by Foreclosure Fraud on July 18, 2010 Attention ALL Florida Judges: ~ With all that is know known, with all the frauds … Read more

An Inside Look into Palm Beach County’s Rocket Docket Slaughter House

Below is just a small sample (102 pages) of the foreclosure cases heading for Summary Judgment next month. At rough count, it appears there are thousands of cases that are going to be disposed of in the next 30 days… A few major concerns here… Hundreds of cases are listed as “Case style not available … Read more

Did David J. Stern DJSP Disclose that 1/3 Owner Kerry S. Propper was the Subject of DOJ Investigation and SBA Law Suit

As you all know, David J. Stern, Foreclosure King, is under investigation for securities fraud. STAN COOPER and NEERAJ METHI, Individually and On Behalf of All Others Similarly Situated, Plaintiffs, v. DJSP ENTERPRISES, INC; DAVID J. STERN; and KUMAR GURSAHANEY COMPLAINT FOR VIOLATIONS OF THE FEDERAL SECURITIES LAWS Case 0:10-cv-61261-WJZ He has also recently been … Read more

MIT, Harvard Report: Forced Sales and House Prices – Foreclosures Reduce Home Values by 27%

“The discount is particularly large for foreclosures, 27% of a house’s value on average. It is smaller for death-related sales at 5-7% of value, and smaller again for bankruptcy-related sales at 3% of value.” ~ Abstract This paper uses data on house transactions in the state of Massachusetts over the last 20 years to show … Read more

Federal Home Loan Mtge. Corp. v Raia – Foreclosure Fraud, False Allegations, Assignment of Bid Sets Up Steven J. Baum, P.C Foreclosure Mill for Sanction Hearing

District Court of Nassau County, First District Federal Home Loan Mortgage Corp., Petitioner(s) against Paul Raia, “John Doe” Through “Jane Doe”, Respondent(s) SP 002253/10 REPRESENTATION: 4closureFraud dot org Steven J. Baum, P.C., Attorneys for Petitioner, 200 Northpointe Parkway, Suite G, Amherst, New York 14228, 716-204-2400; Jeffrey A. Seigel, by: Rudolph de Winter, of Counsel to … Read more

Palm Beach County Clerk of Courts – Critical Info RE Foreclosure Dockets and Summary Judgments

From the Hamlet… Posted by L Critical Information for Palm Beach County Active Foreclosure Cases I learned today that one can check the online scheduling calendar for Palm Beach County, Florida in order to check if a hearing is scheduled for a particular case by entering the case number. I URGE everyone with a foreclosure … Read more

Father of Mortgage Backed Securites Lewis Ranieri: Securitization is Not the Villain

Ahhh but I say yes it is. He claims that the abuse of securitization is to blame. Well, I say if it is abusable, then securitzation IS to blame. “Securitization is not the villain. Abuses in securitization are to blame,” Mr. Ranieri wrote. In Mr. Ranieri’s view, the practice he invented wasn’t the culprit in … Read more

Blast from the Past – Mark A. Adams JD/MBA Constitution Party Conference Boca Raton 2008

Added New Video to the video tab… ~ Mark A. Adams JD/MBA Constitution Party Conference Boca Raton 2008 4closureFraud.org Tweet

Dodd-Frank Reform Bill Includes Extension of Protecting Tenants at Foreclosure Act, Additional Housing Provisions

FOR IMMEDIATE RELEASE Contact: Taylor Materio 202-662-1530 x227; taylor@nlihc.org Dodd-Frank Reform Bill Includes Extension of Protecting Tenants at Foreclosure Act, Additional Housing Provisions Washington, DC – The National Low Income Housing Coalition applauds the expected enactment of the Dodd-Frank Wall Street Reform and Consumer Protections Act (H.R. 4173), which has passed the House and Senate … Read more

Shocking – Goldman Sachs Documents List Financial Institutions with Whom Goldman Had Hedged The Risk of its Exposure to an AIG Default

“It’s as if the New York Fed used A.I.G. as a front man to bail out big banks all over the world,” Mr. Grassley said in a statement. “It took nearly two years for the public to learn these details, and they only were revealed because Congress wouldn’t take no for an answer. Taxpayers deserve … Read more

SIGTARP Report to Congress – Governmental Efforts to Stabilize Economy Increased 23% to $3.7 Trillion Over Past Year

Check out the full report below… ~ 4closureFraud.org ~ SIGTARP Quarterly Report to Congress – July 2010 Click link to view Tweet

When Denying Loan Mods, Loan Servicers Often Wrongly Blame Investors

When Denying Loan Mods, Loan Servicers Often Wrongly Blame Investors by Karen Weise ProPublica Arthur and Alberta Bailey are about to lose their home near New Orleans, and their mortgage company says one thing stands in the way of relief: The investors who own their mortgage won’t allow any modifications. It’s a story heard again … Read more

Darth Vader Facing Foreclosure of Death Star Robs Chase Bank

Couldn’t help it… Man wearing Darth Vader mask and cape robs Long Island bank with gun, shoves customer to floor NYDailyNews BY John Lauinger DAILY NEWS STAFF WRITER A lot of robbers use force. This one used the Force. A bandit decked out in a Darth Vader costume strolled into a Long Island bank on … Read more