USELESS – Countrywide’s Angelo R. Mozilo Pays Off SEC to the Tune of $67.5 million to Avoid Criminal Prosecution

Posted by 4closureFraud on October 15, 2010 · 13 Comments 

Surprised anyone? Countrywide’s Former Chief in Settlement of Fraud Case By GRETCHEN MORGENSON Published: October 15, 2010 Angelo R. Mozilo, the founder and former chief executive of Countrywide Financial, once the nation’s largest mortgage lender, agreed to pay $67.5 million Friday to settle a civil fraud case brought by the Securities and Exchange Commission last … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, Pleads for Help, securities fraud

Judge Denies Protective Order of Removal of Jeffrey Stephan’s Deposition from “Internet Blog”

Posted by 4closureFraud on October 15, 2010 · 16 Comments 

  Full Order below… ~ 4closureFraud.org ~ Protective Order of Removal of Jeffrey Stephan’s Deposition Tweet

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

Wall St blames homeowners in foreclosure fiasco

Posted by 4closureFraud on October 15, 2010 · 21 Comments 

Wall St blames homeowners in foreclosure fiasco By Joe Rauch CHARLOTTE, North Carolina (Reuters) – Wall Street’s reaction to the allegations that some banks cut corners while foreclosing on 3 million homes since 2007: Pay your mortgage in the first place. ~ The building furor over whether the largest U.S. mortgage lenders used so-called robo-signers … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

Video – How Wall Street Shafted Main Street

Posted by 4closureFraud on October 15, 2010 · 6 Comments 

How Wall Street Shafted Main Street ~ And let’s not forget Capt. Jack’s How Main Street has Destroyed Wall Street How Main Street has Destroyed Wall Street Posted by Capt. Jack I guess now would be a good time to shoot the greedy homeowners. It’s crystal clear. From the very beginning the homeowners have gamed the … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

THROWING THE DART AND MISSING THE MARK

Posted by 4closureFraud on October 15, 2010 · 24 Comments 

THROWING THE DART AND MISSING THE MARK Two myths the media must stop pronouncing are as follows: 1.      The myth that the majority of homeowners that enter modifications under HAMP or any other program are falling out of the modification; in other words, are not completing the modifications.  This is a false statement. 2.     The … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud