3808 SNL Video – Not Really Live but a MUST SEE – Ohio Secretary of State Jennifer Brunner on the Foreclosure Crisis Ally Financial Lawsuit
What say you now Fraudsters??? Ever have that feeling that everything around you is collapsing, like the victims of your ponzi scheme do on a daily basis??? If not, it may be something to start thinking about… If you need some emotional support, check out ForeclosureHamlet.org H.R. 3808 It is Saturday, it is night, but … Read more
HUSH MONEY – Wells Fargo pays $24M to End Mortgage Probe
Yep… ~ “The agreement includes no admission of wrongdoing by Wells Fargo” ~ WASHINGTON — Wells Fargo is paying $24 million to end an investigation by eight states probing whether lenders acquired by the company made risky mortgages to consumers without disclosing their perils. The states said loans known as option adjustable rate loans, or … Read more
Foreclosuregate – The “Nothingburger” Defense Gets Destroyed
From the Ticker… The “Nothingburger” Defense Gets Destroyed Or more than destroyed. Janet Tavakoli: This is the biggest fraud in the history of the capital markets. And it’s not something that happened last week. It happened when these loans were originated, in some cases years ago. Loans have representations and warranties that have to be … Read more
Foreclosure Fraud – State of Ohio, Richard Cordray v GMAC, ALLY, Jeffrey Stephan
Attorney General Cordray Files Lawsuit Against GMAC Mortgage 10/6/2010 (CLEVELAND) — In a lawsuit filed today against GMAC Mortgage, LLC and its parent, Ally Financial Inc., Ohio Attorney General Richard Cordray accuses the loan servicer and its agents of filing fraudulent affidavits to mislead courts in hundreds of Ohio foreclosures. “We know that as Ohioans … Read more
Blast From The Past – 2008 NY Times Article – Foreclosure Machine Thrives on Woes
It’s interesting to go back and look at what was known years ago and nobody did anything about it… Foreclosure Machine Thrives on Woes Just some quick excerpts… NOBODY wins when a home enters foreclosure — neither the borrower, who is evicted, nor the lender, who takes a loss when the home is resold. That’s … Read more
Bankers Propaganda Letter to Congressional Staffers – Efforts Mortgagers Are Making for At-Risk Homeowners
From Urban Dictionary: The term “pigs ass” is used in many situations. It is most commonly used when someone claims something is not true. Here is a taste of the propaganda bombarding our elected officials daily. Refuse to let this deception continue undisputed and unrefuted. Please contact your US & State representatives with a copy … Read more
Statement by CEO of Mortgage Electronic Registration Systems (MERS) “The MERS System is not fraudulent, and MERS has not committed any fraud.”
Statement by CEO of Mortgage Electronic Registration Systems (MERS) RESTON, Va.–(EON: Enhanced Online News)–Mortgage Electronic Registration Systems (MERS) Chief Executive Officer R.K. Arnold today issued the following statement regarding the organization and clarifying certain aspects of its operations: “The MERS System is not fraudulent, and MERS has not committed any fraud.” “MERS is one important … Read more
Presidential Memorandum–H.R. 3808 – “Leave no doubt that the bill is being vetoed”
The White House Office of the Press Secretary For Immediate Release October 08, 2010 Presidential Memorandum–H.R. 3808 It is necessary to have further deliberations about the possible unintended impact of H.R. 3808, the “Interstate Recognition of Notarizations Act of 2010,” on consumer protections, including those for mortgages, before the bill can be finalized. Accordingly, I … Read more
