Foreclosure Fraud Happy Hour Offers Support to Mortgage ‘Deadbeats’

Posted by 4closureFraud on October 19, 2010 · 11 Comments 

Lisa Epstein talks with guests at E.R. Bradley’s Thursday afternoon during a meeting of the Foreclosure Hamlet. Epstein is a local nurse who started the monthly happy hour group for people dealing with foreclosure to talk to one another and to speak with lawyers about their case. (Brandon Kruse, The Palm Beach Post SoFlaShare / … Read more

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

Washington Post – Task force probing whether banks broke federal laws during home seizures

Posted by 4closureFraud on October 19, 2010 · 9 Comments 

Now we are talking… Each and every one on these false “affidavits” were a FELONY. Start with that… Now let’s hope they do it right… Task force probing whether banks broke federal laws during home seizures By Zachary A. Goldfarb Washington Post Staff Writer Tuesday, October 19, 2010; 3:10 PM Federal law enforcement officials are … 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

LAWLESSNESS – THE NEWEST JACK BOOTED THUGS CASE

Posted by 4closureFraud on October 19, 2010 · 8 Comments 

This just in from Matt Weidner… THE NEWEST JACK BOOTED THUGS CASE. Please read the attached story that was just delivered by my clients.  I want everyone to understand just how widespread and pervasive these crimes are.  Our country has gone wild and out of control. My elderly clients who drafted this terrifying letter are … 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

NY Times – Some Sand in the Gears of Securitizing

Posted by 4closureFraud on October 19, 2010 · 2 Comments 

Some Sand in the Gears of Securitizing Was the great securitization machine that made hundreds of billions of dollars in mortgage loans based on a legal foundation of sand? That possibility, raised by two law school professors, has begun to scare many jittery investors, causing bank stocks to plummet, although they recovered a little Monday. … 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

David J. Stern DJSP Enterprises, Inc. Announces Recent Developments

Posted by 4closureFraud on October 19, 2010 · 4 Comments 

DJSP Enterprises, Inc. Announces Recent Developments Stephen J. Bernstein, the Company’s Lead Independent Director, has been appointed as Interim Chairman of the Board of the Company. Initially, Mr. Bernstein’s role as non-executive Chairman will be a full time position as he provides Board support to the Company as it develops and executes plans to respond … Read more

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

Full Deposition of Xee Moua – Wells Fargo Robosigner Extraordinaire 500 Documents a Day

Posted by 4closureFraud on October 19, 2010 · 13 Comments 

First reported by the Financial Times and now they were kind enough to share the depo below… Wells adds to crisis over home seizures In a sworn deposition on March 9 seen by the FT, Xee Moua, identified in court documents as a vice-president of loan documentation for Wells, said she signed as many as … Read more

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