I Haven’t Seen ANY Widespread Prob, Oh, Wait, WHAT? Foreclosure ‘Robo-Signers’ Appear to be WIDESPREAD?
LINK – Lawsuit claims that Florida’s largest foreclosure firm faked documents Aug 3, 2010 … “I haven’t seen any widespread problem,” Sasser said. The same Judge Meenu Sasser who’s office was found to have been engaging in improper … www.palmbeachpost.com/…/lawsuit-claims-that-floridas-largest-foreclosure-firm-faked-839393.html Google Screen Shot This was from this exact search in Google “I haven’t seen … Read more
Bank of America Debt Collection Calls: “You little, lazy ass bitch, get your mother f—ing ass up and go pick some mother f—ing cotton fields, bitch.”
This report from ABC is on a credit card debt but what’s the difference. Collecting a debt is collect a debt, be it for a credit card or for a foreclosure… All I gots to say is Whoa… Investigation: Debt Collectors, the N-Word and Bank of America Two days after being confronted by ABC News, … Read more
Check It Out! Diana Olick of CNBC Gets It! Foreclosure Fraud: It’s Worse Than You Think
The mortgage is still owed, but there’s going to be a problem figuring out who actually holds the mortgage, and they would be the ones bringing the foreclosure. You have a trust that has been getting payments from borrowers for years that it has no right to receive. So you might see borrowers suing the … Read more
The Market Ticker – To The Media: Stop LYING About Foreclosuregate
To The Media: Stop LYING About Foreclosuregate I’m getting tired of this, so I’m going to trot out the proof and stick it under everyone’s nose. We keep hearing that these “lost document” affidavits and similar are just “sloppiness.” They are not. They are hard evidence of fraud, with the only decision left to be … Read more
Bloomberg – Citigroup Stops Using Foreclosure Mill Law Firm David J. Stern
Citigroup Stops Using Foreclosure Law Firm Facing Florida Probe Citigroup Inc. said it stopped steering foreclosure work to a Florida law firm whose court filings to support home seizures are under investigation by the state’s attorney general. The bank, which is proceeding with seizures as some rivals stop to recheck documents, had used the Law … Read more
Lender Processing Services Has a Very Bad Day: Federal Bankruptcy Trustee Joins Litigation Against LPS on Behalf of All Chapter 13 Trustees in the US
Via Naked Capitalism. Lender Processing Services, which provides “technology” services to servicers and foreclosure mills, is under an escalating legal assault. Although media attention has focused on its role as a generator of fabricated documents for servicers and mortgage trusts, it can probably shift the liability for those documents onto the parties that used them … Read more
Two Faces: Demystifying the Mortgage Electronic Registration System’s Land Title Theory
Christopher Lewis Peterson University of Utah – S.J. Quinney College of Law Date posted: October 01, 2010 Abstract: Hundreds of thousands of home foreclosure lawsuits have focused judicial scrutiny on the Mortgage Electronic Registration System (“MERS”). This Article updates and expands upon an earlier piece by exploring the implications of state Supreme Court decisions holding … Read more
