4closureFraud – US Foreclosure Image is 2008 World Press Photo of the Year

This picture by US photographer Anthony Suau, for Time won the World Press Photo of the Year 2008 award, it was announced by the organisers on 13 February 2009 in Amsterdam, The Netherlands. US Economy in Crisis: Following eviction, Detective Robert Kole must ensure residents have moved out of their home in Cleveland, Ohio, 26 March 2008.Anthony Suau,/TimeThis picture by US photographer Anthony Suau, for Time won the World Press Photo of the Year 2008 award, it was announced by the organisers on 13 February 2009 in Amsterdam, The Netherlands. US Economy in Crisis: Following eviction, Detective Robert Kole must ensure residents have moved out of their home in Cleveland, Ohio, 26 March 2008.

US foreclosure image is 2008 World Press Photo

A picture of an armed sheriff moving through an American home after an eviction due to a mortgage foreclosure was named World Press Photo of 2008 on Friday.

Jury members said the strength of the photo by American Anthony Suau for Time magazine was in its opposites — it looks like a classic war photograph, but is simply the eviction of people from a house.

Now war in its classic sense is coming into people’s houses because they can’t pay their mortgages,” jury chair MaryAnne Golon said.

Fellow juror Akinbode Akinbiyi said: “All over the world people will be thinking: ‘This is what is happening to all of us’.”

The news agency Agence France-Presse won the Best Spot News Photo category with an image of post-election violence in Kenya and also the People In The News Singles category with an image of tribal conflict in western Kenya.

SOURCE:

~

Can’t wait to see the 2010 phot0 of the year…

Some candidates…

~

~

~

~

Sorry for the small sample…

Need to move onto the next topic…

Welcome to America…

~

4closureFraud.org

~


I sure could use some…

Comments
17 Responses to “4closureFraud – US Foreclosure Image is 2008 World Press Photo of the Year”
  1. michele says:

    i was so hopeful this week when an attorney from california (i live in ohio) contacted & invited me to join a class action suit against boa (on the side, the acronym boa is fitting for bank of america, as it’s short for boa constrictor) & some of their associates. he purports boa illegally sold mortgage loans to an electronic company with the acronym MERS. they’re suing boa, et al for free & clear title for each and every homeowner, of which there’s about 150. as much as i want to join the bandwagon, i’m unable because to do so would cost $4,000 upfront in retainer fees for each property. so, it would cost $4,000 out-of-pocket for EACH property, for those who are ‘lucky’ enough (HA) to have more than one property in this precarious situation. i’d be hard pressed to scrape together a tenth of that. additionally, the attorney’s settlement fees are an additional 30%. i’d be interested in participating in a class action suit that doesnt take me to the cleaners. besides, it should be boa & their cohorts whose backs are ridden in these cases, not the homeowners. we’ve suffered long enough.

  2. Mortimer says:

    I am so relieved to read these comments. I have been fighting for my home since October of 2008. And from the very beginning I said “Hey I didn’t do it” You hotshots on wall street came up with this “no fail” scheme to get rich and you did. You forgot us people who were going to be suffering from these super games you have been playing. Many of us are now standing up and saying, don’t look at our mortgages, don’t look for forged verifications, or assignments, that has nothing to do with it. All of us, each and every American who trusted their bankings system, thier realtors, just everyone we have dealth with for years… We TRUSTED them, only to find ourselves losing grip. Losing grip on our businesses suddenly no money coming in to a family. Suddenly I’m paying on a mortgage that my house wouldn’t even sell for. No, this is not because we failed to pay on our mortgages. This is because the big guys run the shop. Whatever they say goes. We probably won’t be able to do a damn thing unless someone will stand up and face these people. I would. I would walk right up to their faces and say you guys should rot in hell. Why are heads not rolling. Why arrests not being made. What has happened to the United States of America. Remember this comment because I swear, I’m going down with a fight. I want my house now FREE AND CLEAR. Take the bailout money and use it to pay yourselves off from this mortgage or whatever but you will not get one more penny from me. Come on. Its sickening to hear people say “well you signed a mortgage” Kiss my you know what. I signed a piece of paper that had Mr. and Mrs. DumbAss on it. Here we were so happy in 2005. And now I’m living in chaos. I want my life back. The emotional stress, the depression of having lost our business. It was a luxury business but we had the middle class guys who could afford a couple of pennies on themselves on weekends. They’d rent out our race cars. It was fun, It was great and now my husband has nothing. A National Championship winner with 20 years under his belt. People would want him to be their trackside coach and rent his cars and all these wonderful things that he had worked for and worked hard, very hard to be a success. And then all of a sudden there is no money. Nothing. What the hell, who the …….wha???? where????? how did …….what because my mortgage ……… thats why the economy has fallen down all over the world because of our mortgages. Nah, you’re kidding me. Please tell me your kidding me. Please for God’s sake. Why are we defending ourselves when we should be tearing down the house? Those SOB’s on the top who just don’t care what they do and who gets hurt by it. It is time for the Truth guys. Time for the TRUTH. We didn’t start the Fire. The greedy bastards of wall street. Stop blaming me and my mortgage. You better watch out because I’m coming for you. There have been racketerring charges made and I will follow that man. If he needs affidavids. etc. These guys are criminals. Come on please don’t you hear it, don’t you see it. This was done to us on purpose. ON PURPOSE. Please God, I need my sanity back. I’m falling apart. I’m tired of defending myself. Oh please forgive me. NO MORE! NO MORE. I want to paint my house, I can’t, I want to plant in my garden, what for. The creep who served us David J. Stern laying around on a yacht someplace in the Virgin Islands. He filed papers Lis Pendens and a Complaint. He completely ignored a COURT ORDERED mediation and he has not answered anything our new lawyers GO ICE. What is it going to take. Please we have suffered enough. It was Wall Street. Please please please understand. They hurt us forever and they don’t care. Please stand up with me. Thanks

    Mortimer

  3. J Glenn Lowe says:

    I apologize for a being a broken record on this site. But this is what I have to say about all of this – Die Banker Die – http://www.youtube.com/watch?v=YGFZ1Jj3ui8

  4. RAMONA says:

    The top 10% COULDNT STAND IT THAT OTHERS WERE STARTING TO DO WELL AND MAKE A LITTLE MONEY AND HAVE A NICE INCOME FOR THE MIDDLECLASS. tHEY MADE SURE THEY TOOK ALL OF IT BACK BECA– USE ,GEE, IT WAS CUTTING INTO THEIR BILLIONS.DONT LET THE LITTLE GUY GET AHEAD, HAVE TO MAKE SURE THE AMERICAN FAMILIES DONT GET AHEAD , LETS MOVE OUR FACTORIES TO CHINA AND MEXICO SO THE TOP 10%CAN MAKE MORE BILLIONS. GIVE THE CEOS MILLIONS ALSO TO SHITE ON THE AMERICAN PEOPLE AND WHILE YOUR AT IT PUT OUT OUR MAN INOFFICE AND PAY OFF CONGRESS. THEY SCREWED US ALL , COMMUNITIES ALMOST WIPED OUT , FAMILIES IN THE STREETS,ALL THE WHILE THEY LET THEM RAPE AND PILFERAGE US.

  5. Equity Free says:

    Alaska Tom, the terrible paradox here is that you favor corrupt lenders who created this crises, because of lost pension fund monies to public sector workers, who are victims too . We are all victims of this . The best candidate for governor of Fl. Michael Arth has been off the radar , for lack of funds . He offers a fact about pension funds that you do not . RE : CDO and RMBS “IGNORED 19 auditor recommendations” . According to the St. Petersburg Times, among the SBA’s tasks are protecting “$97.3-billion in pension money for nearly 1-million current and retired teachers, public employees and their families” and investing “an additional $25.3-billion for more than 800 school districts and state and local government entities to, among other things, pay police and teachers, buy books and health care for children and help hurricane victims.”
    As the paper reported in January 2009, over the previous 18 month period, during the course of the economic crisis, “one-third of the agency’s assets — $61.4-billion — have been wiped out.” Charlie Crist’s signing of FL Senate Bill 2310 in May 2008, in the midst of the meltdown, allowing SBA to make riskier investments, exacerbated the problem. Sink, as the state’s Chief Financial Officer, and Treasurer of the SBA, along with McCollum and Crist, did not raise the issue nor take the advice of 19 internal audits calling for preventive changes. Arth concludes that as a result Sink will prefer McCollum as a general election competitor because he is to blame for the SBA catastrophe as well and as such will not take the opportunity to inform voters on his opponent’s fiscal credentials.
    On the other hand, Scott, already attacked and well tarred by his corporation’s misdeeds and subsequent record fine while CEO, will attempt to turn the matter around on Sink. Arth says that Scott may “rake Sink over the coals portraying her as a Bank of America executive who got an $8 million dollar golden parachute, and then turned around and helped destroy the state’s nest egg through incompetence.” In his analysis, Arth concludes that Scott, who equates money with free speech, will attempt to turn his campaign to purchase the office into a virtue, “assailing the culture of corruption and influence buying related to Sink’s acceptance of special interest money from people like Ponzi-schemer Scott Rothstein.”

  6. Ann says:

    I have my own personal vendetta I’m dealing with currently. I have an indymac (no longer in existent) option arm that I was sold in 2004. I’ve been diligent in paying my mortgage at the expense of other things that would have profited me much more. I’ve called them several times asking for a recast of the mortgage so I could at least lock in the rate. Ideally I know I deserve a principle reduction since the only thing added to the mortgage is interest which no one explained to me would be added to the principle if I made the minimum payment. I questioned this several times prior to signing. No one gave me the truthful answer.

    38 days ago I wrote and asked them to produce the note. 31 days later I received 2 letters. One telling me that my interest rate had dropped to 3.5% the index had gone down to .0374 but my mortgage payment had increased to by $112.00. Puzzled at how this could be I again called the Servicer. Their answer was…well, we’ve recast the note because it’s in it’s 5th year. My response? “Oh I see, so you can recast the note at your discretion when it favors you, but when I ask to recast it’s impossible to do? So I quietly told them I was 60 years old and I was tired of paying them for the privilege of maintaining their property. I was no longer going to pay the mortgage, they could PAY ME for the maintenance and upkeep of their property. Or they could have the house.

    Immediately I was warned of all the negative consequences. #1. credit would be ruined…my reply: and what good is my credit doing me at this point? You don’t want my credit, you want my cash..and you aren’t getting another dime of it. #2. I would lose the house…I pointed out to them I would be dead before the house was payed off so why would I care? #3. I should apply for a modification. I said, ok I’m self employed as a realtor, my income is reduced to the point it would seem I have none…you’ve been bleeding my savings and retirement…you’ve told me umpteen times I wouldn’t qualify for a modification. But you’re ok taking payments from a person you would not give a loan to? Great…well here was my response.

    You have me in an illegal mortgage. As a law abiding conscientious citizen of the USA I can no longer in good conscience support your illegal activities. I will no longer be forwarding payment for you loan shark illegal loan. I’ll see you in court, please sue me! You can have the house, but you’ll take it back in the same condition I bought it, not with all the improvements and repairs I’ve put into it. You can add it to the heap of useless junk properties you have on your desk now. I honestly don’t care.

    It isn’t Credit that is king…we the american people have been duped…It is CASH that is king…

    • omapam says:

      Bravo, Ann.

    • Tiffany says:

      Good for you Ann. Option ARM’s in my view were meant for short term investors expecting to flip the property, not people looking to stay in their home long term, anyone on a fixed income or little chance for a sudden increase in income, like teachers, police and firemen…(I see lots of these and it boggles my mind)….irresponsible lenders sold these loans to just anyone. You should fight. Best wishes.

  7. Alaska Tom says:

    You have a great mission here and seem well intended. For the homeowner that is underwater you are a resource yet, this fraud will never be truely exposed without understanding the mortgage derivatives and fraudulent “pump and dump” hedge by investment banks of some of our countries already accelerated mortgage markets. For each individual you keep in their home without paying their payments it will negatively impact the price of 5 – 50 securitized structured MBS/CDO’s that are parked in public pension plans, 401K’s, charities and other public wealth. Your borrower keeps their home and many others lose their retirement. Robo signing and MERS are not the fraud; they are symptoms of the fraud. I sense a terrible paradox here: if you can keep enough people in their homes the private banking system could come crashing down. You also seem to favor hating B of A. I can show some incidious mortgage servicing fraud on the part of Wells Fargo (WF). WF created phantom long positions in selected MBS/CDO’s by allowing select settlement failures (failures to deliver in MBS) as third party custodian’s. This probably served two purposes: obtain more servicing revenues and to facilitate multiple proprietary naked shorts on revenue streams they did not originate but, knew were structured for failure.

    Connecting how WF and Goldman Sachs (GS) fraudulated Cedar Rapids, Iowa (google:How Goldman Trashed a town) with Rhinebridge CDO and WF earned huge sums servicing, shorting and probably ultimately foreclosing on the loans comprised in this toxic structure is the real crime. This is not to say B of A are any less guilty!

    I constantly examine all sorts of Asset-backed securities in my work and have been studying CDO’s since 2007 when they started showing up in a high quality fixed income public money fund I safeguard. While I do feel for the homeowners they are by no means the only victims. In many ways these home borrowers had more control over their circumstances than those that have been saving so responsibly for retirement.

    • RAMONA says:

      YOU BLAME THE HOMEOWNERS WHEN THE BANKS ARE STEALING THE RETIREMENTS ALSO??? IT IS CALLED FRAUD WHAT DO YOU NOT UNDERSTAND ABOUT THAT? IT IS AGAINST THE LAW, AND SO IS PYRIMID SCHEMES!!

    • Equity Free says:

      Alaska Tom , they stole your pension the same way they are foreclosing on hapless home owners ,
      they lied about their defective product ,and insured themselves knowing their product would fail .
      They caused this crises and were rewarded for it financially .
      They don’t care about your pension or my house or your kids future, they don’t care about us !
      The Occupy Wall Street movement represents the 99 % who have been lied to, stolen from ,
      and than told they are a moral hazard , a deadbeat .
      Tom 99 % of us are on the same team, ask your banker about the garbage they sold to your pension .
      It was not a AAA safe product , and it was not the 99 % of us .
      Than sue them for your money …

    • housemanrob says:

      Alaska Tom…..Some people simply trusted the banks…..I had 2 homes….one lost 40% of it’s value and I sold it……..a waterfront investment I owned for 10 yrs. My primary home lost 2/3 of it’s value and I am in foreclosure. Are you trying to say the derivative and bond market — USED to better than Real estate. Hardly! The stock market goes up ans down more often than a prairie dog jumps in and out of his hole……..wheras Real Estate never lost it’s value. Something tells me that you are a bank and financial market TROLL!

    • lvent says:

      Alaska Tom.MAKE WALL STREET PAY THEIR OWN BILLS….the debt WALL STREET has created for themselves is UNSUSTAINABLE…One attorney found his clients note was sold 603 times…WALL STREET IS 600 TRILLION UNDERWATER IN MORTGAGE DERIVATIVES FRAUD….600 TRILLION BACKED BY ZERO..,..THEY BELONG IN PRISON……603 INVESTORS IN ONE NOTE? WALL STREET WENT OVER THE LIMIT ON THE U.S. TAXPAYERS CREDIT CARD…BY 600 TRILLION…WALL STREET COMMITTED EXPONENTIAL COLLATERAL MORTGAGE FRAUD…….MAKE WALL STREET PAY THIER OWN BILLS…..OUR HOMES ARE PAID FOR…THE DAY THEY SOLD OUR NOTE TO WALL STREET..AND CONVERTED IT INTO A STOCK….THEY HAD TO DESTROY THE NOTE…THEY GOT PAID EXPONENTIALLY…AND WALL STREET LEFT BEHIND A 600 TRILLION DOLLAR COLLATERAL FRAUD DEBT BOMB…THEIR DEBT, NOT OURS…I AGREED TO PAY ONE MORTGAGE….NOT HUNDREDS OF MORTGAGES…

      • lvent says:

        THROW THE TRAITOR POLITICIANS IN PRISON WITH THEM…THE POLITICIANS AND THEIR FAMILIES SHOULD BE STRIPPED OF THEIR HOMES, HEALTH INSURANCE, AND PENSIONS THAT THE U.S. TAXPAYER PAID FOR…THEY CAN PAY THE AMERICAN PEOPLE BACK OUT OF THEIR INVESTMENTS THAT THEY MADE IN OUR FAILURE…..

  8. paschn says:

    First photo shows you all what the PRIMARY job of “our heroes in blue” is. To enforce upon residents the edicts and biased laws of the treasonous swine in government….and if ONE of you post, “gee, they’re just doing their job” I swear to CHRIST I’ll vomit in a baggie and mail it you you!

    • Okiefrommuskogee says:

      I love the sign photo. I purchased the boards a few weeks back and bought the paint TONIGHT! Chase is evil and I refuse to keep quiet with the details. After 22 months of pure living hell, I want to spare Chase’s next victim/family so much pain. This is only the beginning. Chase only thought I was a bitch before, they haven’t seen anything yet. You screw with my family for nearly two years and this homeowner will break her silence. Enough is enough… Chase had plenty of time to mop up the mess and refused to do so. You don’t mess with a family NOT in default and expect to walk away. Jury trial all the way… Media exposure from every direction. Not “all” the media’s for sale…….

      Okie from Muskogee

Leave a Reply