Posted by 4closureFraud on August 20, 2010 · Leave a Comment
These investors have topped the key 25 percent threshold for voting rights on 2,300 “private-label” mortgage bonds, which will give them the ability to force trustees to act on repurchase requests. Investors heretofore have been frustrated by trustees and servicers, who have said they are limited in the information they can share. ~ “Investors have … 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, conspiracy, criminal, Fannie Mae, federal reserve bank of new york, foreclosure, Foreclosure Fraud, freddie mac, maiden lane, repurchase demands, securities fraud, wall street fraud
Posted by 4closureFraud on August 20, 2010 · 11 Comments
Jeffrey Tew, a Miami attorney who represents Stern’s firm, said while the attorney general may have received complaints, there “will not be evidence of fraud.” Due to the large volume of foreclosures, there may have been clerical mistakes, he said. ~ But he disputes that Stern’s law firm fabricated any documents. “I haven’t seen any … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, securities fraud · Tagged with 4closurefraud, assignment, bank fraud, cdo, cds, CITIMORTGAGE, clouded title, criminal, David Stern, Dennis and Joyce Brown, Fannie Mae, fight the banks, foreclosure, Foreclosure Defense, Foreclosure Fraud, fraud, Jeffrey Tew, Kenneth Eric Trent, MERS, mortgage electronic registration system, securities fraud, wall street fraud, wrongful foreclosure
