MBS – Lisa Epstein of Foreclosure Hamlet on with Dylan Ratigan and William Black

 

It was an honor to be in the studio with you while you spoke to America Lisa.

It is also great to see us “activists” being taken seriously by the mainstream media…

~

 

Transcript

>>> good monday afternoon. mounting evidence against the mortgage lenders. they’re saying, trust us, and for the most part — bank of america admitting to at least a dozen or so errors in the first few hundred foreclosure documents. our friends did the math assuming 500 files reviewed so far. they found between 10 and 25 errors, which gives you a rate of about 4%. doesn’t sound that bad, right? with more than a hourks thousand, their kids taken out of school. it’s a mistake though. bank of america could resume foreclosures as early as this week despite finding those mistakes. again, try to explain that to the 4,500 homeowners getting evicted by injecting their bad loans into our government as they have been for years and covering it up with money printing and avading an investigation. while the lenders make their so-called mistakes, washington makes believe we don’t have a problem in a way to try to keep their jobs. joining us now, someone who does get it on this issue, lisa epstein has been described as a foreclosure nurse. jump-started the fire storm over this controversy through our blogging. lisa, you’ve called these weapons of mass destruction. what do you mean?

>> well, i mean that the mortgage-backed securities, i think they omitted the mortgage-backed part so they’ve created these securities. they used the average american family to bomb. they managed to take every cent from the american citizen, whether it’s through a fraudulent mortgage, a fraudulent origination, whether it’s lying to the pension funds or 401(k) investors. whether it’s packaging it up and getting insurance because it was a bunch of junk to begin with and then we bail out aig. whether it’s our jobs and our economy. whether it’s grading us on credit scores they have decimated and then they went out in the world and spread this scourge. mortgage-backed securities is the wrong waste. there’s no mortgages backing these securities. they didn’t put them in. i think we should call them malicious bankers with syphillis. we need to take our medicine. these bankers need to be taken out.

>> are you surprised, a year into this, and if you’re free at 4:00, i may want to take a couple of days off. you seem to have a good handle on this situation. we’ll be in touch. if you look at the government’s failure to respond, failure to investigate, effort to cover it up, the language from our president, the t.a.r.p. lie, tim geithner with one lie after the other, how many longer do you think the federal government can get away with lying and covering it up before it blows up.

>> right. well, you ask an excellent question. i believe we are at a critical point. it’s amazing we are just a few weeks away from an election and not a word from many, many candidates. alan grayson is a notable example. what i believe will happen is one of two things. we will decide to prop up this — this fake economy that the bankers say their balance books, i don’t know how many banks are claiming the same mortgage over and over. it’s fakery, it’s fraud. will either prop it up after we have taught our citizenry, don’t trust the government. the judiciary holds now recourse for you. protect your own. there will be — i’m sorry. there will be —

>> vigilantes.

>> i’m so sorry. it’s a little nerve wracking.

>> you’re doing great.

>> there will be vigilantes across america just defending the home they have their children in because they are predators coming in to take the property of americans, so in ten years, it will be a much dangerous time for this to fall apart as opposed to let’s take our medicine now. we have dark days way head. we have allowed perpetrators and predators who are abusive and dangerous to take over and infiltrate the very fabric of me america. we need to rest whatever we have left of the democratic republic out of the hands of these criminals.

>> bill black joins us. you’ve been listening to lisa epstein, who runs a blog and is a register nurse and really captures the soul of the american awakening. all too familiar with the structure of american finance and how riddled with fraud it is and how self-serving it is to the politicians and executives in charge. what can be done at this point by someone in my position, in lisa’s position or any other positi position, to prevent ten more years of pretending and fraud so that we end up with the total dismantling of the social contract in this country and intervene now when there may still be an opportunity to begin a restructure?

>> well, you can continue to do just what lisa and you and folks like us have been doing because it’s starting to work. last week, for the very first time, joe stiglitz said this crisis is all about fraud. now, krugman still can’t bring himself to use the “f” word very often, but empirically, we know lisa isn’t the sole. geithner’s are wrong. here’s some numbers. credit swiss says that by 2006, 49% of all mortgage originations in the united states were liars loans. the lowest incidents of fraud is 50% an that’s when the fraud fraudsters study it themselves. when independent folks study it, it’s in the 80 to 90% range. that means there were millions of acts of fraud. those frauds occur not because there’s some clever person making 20,000 a year who is able to deceive the banks, but because the banks created incentive structures for the loan brokers to bring them the absolute worst of the worst loans and to lie on the application forms to hit the magic ratios on loan devalue and things like that that a homeowner wouldn’t have known what number to put in. so these frauds came from the banks and they propagated through the system through a series of what we call echo epidemics in which they got appraisers first to give them grossly inflated values. there are excellent numbers on that. to give outside auditors opinions on ludicrous financial statements. and every sing m l time virtually, they were able to get a triple rating. so this fraud did in fact spread through the system and that’s why we have a crisis in foreclosures now. this is not a random, unrelated fraud. this stems from the underlying fraud by the lenders in mortgage loans to the tune of more than — well over a million cases a year by 2005.

>> so, if we were to look at the two ends of the spectrum that most affect americans, the homeowner, which we’ve been discussing and then — what i would argue the secondary, all of the taxpayers who are being asked to support this corrupt and fraudulent banking system through fannie mae, freddie mac, the federal reserve and direct expenditures authorized by our congress. in addition to what we’re doing on foreclosure, what can we do to amplify the demand to see what percentage of the paper given to the guts of the american taxpayer in 2008 by george bush and hank paulson and perpetuated by barack obama and tim geithner, what percentage of that is fraudulent and why don’t we know that two years later?

>> that’s exactly what we’ve been calling for. why didn’t we know it at least five years ago when this was done. bernanke has just announced they’re going to do an intensive review of the assets up to this collateral. so, you wait a year and a half and then look at your collateral. now, what would happen if you were the most junior vp at a small savings and loan if that’s what your approach to business would be. this is supposed to be the most sophisticated guy in the world. we should look on a scientific basis. we have the ability because of fannie and freddie, the federal home loan banks and federal reserve taking all this money in collateral, to do a superb samueling job that will tell us what happened in the market. it cannot be done by the fed. the fed cannot admit it took over a billion and a half dollars in toxic garbage and didn’t recognize the losses on it. it’s led the cover up. it’s the feds through bernanke delibera deliberately, working with the chamber of commerce and the american bankers association, who got congress to extort the financial accounting standard board to pervert the rules so they wouldn’t have to recognize the losses because they don’t have to recognize the losses. they report false income. all of those things need to change. we call for bringing in the fdic, which is the best of the worst. have you had a chance to look at barofsky’s report?

>> yes.

>> yes, exactly. where ever we look, we find massive froaud. and fannie and freddie have started to look. blackrock. pimco. and one of the major monolines looked. said that 97%, this is amback, said that 97% of the loans that country wide provided to it were sold under false reps and warranties.

>> i’m going to wrap this up on the bases of time, but i have to really start to wonder how much longer this president or any president can get a — or any political party, can get away with the turn the page and we’ll just move on and be friends concept of economic policy when fraud is at the core of the system.

>> no convictions. versus over a thousand in the savings and loan debacle. fire holder, geithner, bernanke. get people in who will enforce the rule of law.

>> professor black —

>> and stop the foreclosures.

>> we look forward to having both of you back to the extent to which you’re making it easier for everyone to understand this problem. i thank both of you and come to really understand the scope of the problem. people understand why a very deliberative and real response to this is what’s in order. for

~

4closureFraud.org


I sure could use some…

Comments
26 Responses to “MBS – Lisa Epstein of Foreclosure Hamlet on with Dylan Ratigan and William Black”
  1. Michelle Saad says:

    BRAVO LISA!
    Brian R told me what you had done and then I looked up your information on the internet!!!! I am so proud of you.
    I was in the condo across from you when you were working as a nurse.
    If I can be of assistance in any way, let me know. I was in foreclosure a few years ago and know the hell it is.
    I want to help get your word out to everyone. You are so gifted. Thank you so much.

  2. J Glenn Lowe says:

    EVERYONE TELL OBAMA TO CRASH THE BIG BANKS NOW!

    Big Wall Street Banksters created the Foreclose Economy because they are that greedy and “Too Big to Care” about the American Dream and basic Contract Law. It was done by design and with treasonous and willful intent strictly for power and profit.

    The Illegal Securitized Mortgages that became the death blow to our economy actually bet on the foreclosure of the homeowner for as much as a 30 times return on investment. This is true financial terrorism. It is actually better for the investor to foreclose than to help someone stay in their home.

    Want to know how easy it is to fix this problem? Crash all of the Big Banks now and fund local banks only that serve to enrich local economies only. Look at the example of the state owned banks in North Dakota, whose population has only a 4% unemployment rate.

    The Fed and their complicit banks must be abolished to save the Republic!

    It’s the only thing we can do. CRASH THE BIG BANKS NOW “Too Big Too Fail” apparently means “Too Big To Succeed” and “Too Big for their own Wallets”

    The sooner the better. Why don’t we ask a 3rd grade math student what he thinks? The real problem is that a politician who could do something about it has his own mathematical challenges about healthy economies. “Bite the hand that feeds him” (by indicting Banksters), or make millions putting children in the streets for power and profit.

    Apparently ALL politicians are going to make the same choice over and over again. They have always sold the souls of your children and their future and they always will. Take the big Banksters out of the picture. Build a local banking system that cares about its community and helps it thrive instead of sucking the life out of it by bribing and fixing the entire system for itself, taking us all of a cliff with it.

    Crash all the big banks now. Create new local Banks only = No more Wall Street Banksters.

    Problem Solved!

    J Glenn Lowe

    Die Banker Die – A Tribute to the Wall Street Banksters that suck the life from all of us and our economy just to get a nice Christmas Bonus – http://www.youtube.com/watch?v=YGFZ1Jj3ui8

  3. l vent says:

    I would have to ask the burning question, and I am trying to think outside of the box a little bit here. To get to the bottom of the foreclosure frenzy by the banks we need to look a little deeper into that to reveal the man behind the curtain. Who is the investor nation that holds most of our nation’s debt? Who is the investor nation that has been allowed to come over here and buy up ALOT of these foreclosures? DID WALL STREET AND THE BANKSTERS SCREW THEM OR IS THERE MORE TO THAT STORY , TOO. The American people are expected to repay our countries debt with our property. THIS IS DISGUSTING, MORE DISGUSTING EVEN THAN THE FRAUD . WALL STREET, AND THE BANKSTER CROOKS, THE FED AND THE TREAS. SHOULD HAVE TO EAT IT!!!!Theyare all TO BLAME.. I WANT TO SEE the fury of that rage when all of AMERICA WAKES UP AND FINDS OUT THE TRUTH.

  4. Sandy Jolley says:

    The reverse mortgage industry is one of the worst and least known examples of mortgage fraud perpetrated on vulnerable seniors – who end up losing their property, equity and very lives so greedy corporations can profit. Reverse mortgages are continuously sold inappropriately without the seniors ever understanding the devastating consequences are rampant in this industry for several reasons
    1. One spouse not yet 62 was told to quit claim their name off the property until they were 62 and then it would be put back on – it never happens!
    2. There are approx 13,000 reverse mortgages in default (waiting foreclosure) because the homeowners don’t have the funds to pay their property tax, insurance or maintain the home.
    3. Anyone who needs long term care or cannot continuously occupy their home risks foreclosure.
    Please see my webiste for the truth about reverse mortgages – elderfinancialterrorism..com and my facebook page Caring Advocates Protecting Seniors (from Reverse Mortgages)

    The National Reverse Mortgage Lenders Assn. says they have etics, are protecting seniors, and care about senior – I PROMISE YOU THEY DO NOT CARE ABOTU ANYTHING BUT DRAINING EVERY LAST CENT FROM SENIOR CITIZENS PROPERTY AND ASSETS.
    Please help stop the fraud and greed of everyday Americans – Best, Sandy Jolley

  5. pelucheven says:

    http://www.market-ticker.org

    On Monetary Idiocy and Treason, Chris Whalen

    This is a must-read:

    Despite examples of the success of restructuring with F and even General Motors, the invidious cowards who inhabit Washington are unwilling to restructure the largest banks and GSEs. The reluctance comes partly from what truths restructuring will reveal.

    Indeed. Were we to actually open the box and have a look inside, we would find chocolate-covered dog turds. Lots of them. We would discover that they were intentionally brokered and sold to investors worldwide, and that just like Citibank, the GSEs knew by 2006 that huge percentages of the production through the entire financial system was fraudulent.

    The sad part is that the truth is now actually out there in the record, under oath, in the form of testimony before the FCIC. Pretending at this point is a waste of time and effort – there is nothing that can be done to avoid reality showing up. Obama and friends are now fighting a rear-guard action, and the inevitable flanking attack is going to come. When it does, the pretense will vanish in a puff of smoke.

    As a result, these same large zombie banks and the U.S. economy will continue to shrink under the weight of bad debt, public and private. Remember that the Dodd-Frank legislation was not so much about financial reform as protecting the housing GSEs.

    Indeed.

    Because President Barack Obama and the leaders of both political parties are unwilling to address the housing crisis and the wasting effects on the largest banks, there will be no growth and no net job creation in the U.S. for the next several years. And because the Obama White House is content to ignore the crisis facing millions of American homeowners, who are deep underwater and will eventually default on their loans, the efforts by the Fed to reflate the U.S. economy and particularly consumer spending will be futile. As Alan Meltzer noted to Tom Keene on Bloomberg Radio earlier this year: “This is not a monetary problem.”

    Barack Obama, just as with John McCain and both political parties, do not give a damn about the American public. They do not care about the massive frauds perpetrated on them. They could care less, so long as their banking cronies get bailed out and can continue to pretend they have “good assets”, even though what they really have on their balance sheets is rotting fish. The underlying fraud in these “products” is being ignored because to do otherwise would be to admit that the banking system committed millions of chargeable felonies – and that would require that each and every one of these firms be shut down and their executives imprisoned.

    Forget Treasury Secretary Tim Geithner lying about the relatively small losses at American International Group (AIG), the fraud and obfuscation now underway in Washinton to protect the TBTF banks and GSEs totals into the trillions of dollars and rises to the level of treason. And the sad part is that all of the temporizing and excuses by the Fed and the White House will be for naught. The zombie banks and GSEs alike will muddle along until the operational cost of servicing bad loans engulfs them. Then they will be bailed out — again — or restructured.

    But who will charge Treason? Nobody. The people are watching Bristol Palin on Dancing with the Stars and NFL Monday Night.

    It’s truly amazing to watch someone get financially ****d on a daily basis and then argue over whether we should have prayer in the schools. The last time I checked, if you’re homeless and penniless, all these other political issues are rather immaterial to your life.

    Idiocracy has nothing on the average American. We simply don’t want to sit down with a pencil and paper and figure this stuff out. You can’t borrow your way to prosperity – all you do with borrowing is spend tomorrow’s earnings today. That’s it.

    But when tomorrow comes you already spent the money. Now you wind up having to do it again, or you must pull back. So you do it again. But that borrowing comes with an interest cost too, which means you always enjoy a lower standard of living over time by borrowing – always.

    But now the larger lenders are sinking under the weight of rising servicing costs, falling asset returns and other problems linked to mortgage securitizations. So while the Fed continues to try to revive the largest banks via massive monetary ease, the FOMC is at the same time preparing to do further damage to solvent lenders, insurers and other investors via QE2.

    The IRA has spoken to a number of executives in banks and life insurance companies about the impact of QE and Fed zero interest rate policy on their income statements and balance sheets. The universal message: If rates do not return to “normal” levels by year-end, the pain in terms of reduced earnings on assets and the resultant negative cash flow will start to become so apparent that the financial markets will actually notice. In particular, we have been told that by year end several of the largest publicly traded banks and life insurers could show significant declines in net interest earnings due to QE — declines driven by falling net interest income that may provoke ratings downgrades. And when this next systemic crisis comes — whether in December or later in 2011 — the full blame will belong to the members of the Bernanke Fed and the Obama Administration.

    That’s a polite way of saying that insurance companies and pension funds are going to start getting screwed in ways they can no longer hide.

    This has been part of my message since Bernanke started with his “easing” – “easy money” always screws the saver. And while people chortle that the money “forced into the market” helps GDP (because it is spent) and thus will allegedly pump the stock market it is inherently damaging to pension funds and insurance companies, because those institutions rely on the ability to grow money via safe interest payments to meet their obligations – and those obligations are to YOU.

    Thus the pump in the market is short term, and is eventually followed by the realization that these institutions cannot pay out what was promised. When that realization comes to the fore the collapse in valuations is immense, simply as reversion to reality.

    There’s more in here, and you should read it. In particular, the issue of mortgage insurers – you know, the old monolines that have been on a tear in the market of late? Yeah, those guys. The guys who apparently, if IRA is correct, are not paying claims even though the GSEs force you to buy their product if you’re not putting 20% down. Instead of simply refusing to write business with less than 20% down, they’re instead funneling your money to keep the artifice afloat, even though claims aren’t being paid out – and it is a near-certainty you, in fact, are buying nothing.

    As Chris says:

    In each case the substance of the transaction is to falsify the financial statements of the participants. And in each case, the acts are arguably criminal fraud. And in the case of the zombie banks, the GSEs and the MIs, the fraud is being actively concealed by Congress, the White House and agencies of the U.S. government led by the Federal Reserve Board. Is this not tyranny?

    Of course it is.

    But heh, Dancing With The Stars is on, even if we’re all broke in America.

    So instead of doing what we should – demanding of politicians that they take these organizations into receivership and their executives into custody, we instead will go searching for another stick for our teeth – because we bit through the last one yesterday.

  6. Linda Venturella says:

    WHEN IS THE MADNESS EVER GOING TO STOP? MY LOCAL FOX NEWS CHANNEL REPORTED THIS MORNING THAT FORECLOSURES ARE RESUMING TODAY.SAY WHAAAAAAT?THEIR ANCHOR ALSO MADE A SNIDE REMARK THAT MAYBE BECA– USE APPLE IS SHOWING SUCH HUGE PROFIT MARGINS AND ARE LOOKING TO BUY SOMETHING, MAYBE THEY SHOULD BUY UP ALL OF THE FORECLOSURES. SAY WHAAAAAAT? I DONT THINK APPLE IS THAT STUPID. WHAT THE HELL IS GOING ON????

  7. Mortimer says:

    Magnificent job Lisa. You made the world stop for me. I had tears in my eyes. We just met at a monthly meeting and there you were. I was so speechless. You did it!!! You did it!!!! What an accomplishment!! Rosa Parks of Foreclosure Fraud and not only that but the disease you hoped they get was the highlight for me. i went from tears to lying on the floor laughing. Yippeeeeee YAY We all need to get mouthy. We all need to because isn’t that how we feel. Aren’t we fed up enough already. I am and I’ll climb any mountain forge any sea follow every rainbow until the banks and brokers are hanging by their heels.

  8. Linda Venturella says:

    I need to correct that link that I gave you below as I needed to capitalize some key letters, : http://www.ccrd.info/CCRD/controller

  9. Linda Venturella says:

    I WENT TO THE COOK COUNTY RECORDER OF DEEDS WEBSITE TODAY TO TRY AND LOOK INTO MY MORTGAGE RECORDS. THERE IS A CLEAR ACKNOWLEDGEMENT OF THE PERVAVSIVE FRAUD IN THE MORTGAGE INDUSTRY IN BLACK AND WHITE. CHECK IT OUT, IT BEGINS IN THE SECOND PARAGRAPH OF THE HOME PAGE. GO TO: http://www.ccrd.info/ccrd/controller

  10. Gabe says:

    The foreclosure Blues

    Homeowners who are in foreclosure are all going out and buying a rope and a gun.

    When they come to take their home they will decide which one to use the rope or the gun.

    Because when people loose their homes their whole life with it…. is gone.

    But don’t worry bankers on Wall Street doing fine ,

    As long as they can get another home to foreclose on the line.

    Bankers and Politicians say, It is the moral thing to do

    But they had to look the word up in a dictionary about morality.

    They steel you blind, because the system is on their side.

    Just sign your name here and you will pay us until you die.

    Children pulled from schools and lose their friends

    But the bankers and politicians are making a lot of new friends.

    Bankers in their fancy parties yell : Screw the American Middle class

    We are the bankers from Hell.

  11. Jim Fenton says:

    I am so grateful that this is coming out as I am infuriated over what our government and banks have brought upon us…and I just don’t know how to engage folks to be less pathetic and start taking back what is ours. I truly believe that our government to it’s core has no clue that they work for We The People…..we put them there and they are supposed to protect us!

    Personally, I’m in month 14 now of an ongoing “trial modification” with CITI Mortgage. We have never missed a trial mod payment after I was laid off. After 6 months of being told “Don’t worry, it’s just taking time” I uncovered that CITI had falsely reported to it’s 3rd party underwriter MOS that we had been foreclosed on…before I ever even applied for a mod or was laid off!

    The re-instated our “trial modification”…we resubmitted paperwork twice because of their delays exceeding the 90 lifespan of the documents. On 5/11/10 I was told that our account was with an internal underwriter and that we’d have an answer within 30 days…then it became 60 days…then they outsourced it again because they were so busy…then in August, CITI admitted that the person internally handling our account had been PROMOTED and that all of our paperwork was lost….so we were placed in default and told we never sent it in! They now have us listed in default, almost $40,000 in arrears and are burying us in late fees even while we continue to pay and they continue to cash our checks. We have our State Senator her in MA, Scott Brown’s office who has engaged CITI to get this expedited. It was supposed to be resolved 2 months ago and they continue to pull little stunts such as needing a new 4506-T form to get our taxes…which they told me they already had received. Then 2 weeks go by and I need to do the 4506T again because I didn’t write the word 1040 on line 6….when they told me they’d fill it out! Two more weeks go by and again…I didn’t check the box was over on the right of the 4506T when I was told that they were all set…and then they told me they’d have someone internally do it!

    I am so upset I could cry and that’s not right for a 53 year old guy who has busted his butt his whole life to have to go through.

    I say we take down the banks no matter how bad we hurt for the next number of years.

    I just wish I knew how to make it happen.

    • J Glenn Lowe says:

      Great comment Jim, Keep taking the light of truth to the world. I would like to respond to your comment about the lawyers to tell everyone that if they study this site thoroughly – http://glenn.hersid.com/. They will discover that we are one of the first companies on the planet that will be giving lawyers every tool that is needed to successfully prevent and even reverse Fraudulent Foreclosures. I agree that this is one of the best sites around for getting the word out to those who are starting to see how big this problem really has become. If you do decide to start your own website, please keep my contact info and let me know when that happens. I believe we will all need to help one another to battle a problem of this magnitude.

    • Stupendous Man - Defender of Liberty - Foe of Tyranny says:

      “I say we take down the banks no matter how bad we hurt for the next number of years.”

      Here here!!!

  12. RAMONA says:

    Keep up the good works lisa and god bless!! we are all with you !!

  13. Linda Venturella says:

    FANNIE MAE IS INCORIGUBLE. THEY ARE HIDING BEHIND THE MORTGAGE SERVICING INDUSTRY AND ARE LETTING THEM CARRY OUT THE CRIME OF MURDERING STRUGGLING HOMEOWNERS. THEY ARE A GOVERNMENT SPONSORED ENTERPRISE. THE AMERICAN TAX-PAYER IS FUNDING THEIR TERRORISM AND THE GOVERNMENT IS ALLOWING THIS TO CONTINUE. THE GOVERNMENT NEEDS TO CALL THEM OUT ON THIS. THIS IS A CRIMINAL CONSPIRACY BY FANNIE MAE BEING PURPATRATED ON THE AMERICAN PEOPLE WITH OUR TAX PAYER MONEY WHILE OUR GOVERNMENT IS JUST STANDING BACK AND ALLOWING THIS CRIMINAL BEHAVIOR TO CONTINUE. THE GOVERNMENT IS ALLOWING THIS SLAUGHTER TO CONTINUE AND THIS IS AN ABSOLUTE OUTRAGE. THE PEOPLE ON MAINSTREET SHOULD BY MARCHING IN THE STREETS OF THIS COUNTRY DEMANDING THAT FANNIE MAE THIS GOVERNMENT, TAXPAYER FUNDED INSTITUTION BE HELD ACCOUNTABLE FOR THESE OUTRAGEOUS CRIMES.

  14. chichi says:

    Way to go Lisa!!! You are truly the voice for all of us..:)

  15. J Glenn Lowe says:

    Lisa Epstein is truly becoming a national hero. Exposing Foreclosure Terrorism and how the Banksters have raped our economy and put children in the streets for profit is Treason. I dedicate this song to them.

    Die Banker Die – A Tribute to the Wall Street Banksters that suck the life from all of us and our economy just to get a nice Christmas Bonus – http://www.youtube.com/watch?v=YGFZ1Jj3ui8

  16. Linda Venturella says:

    P.S., WE CANNOT ALLOW OUR ELECTED OFFICIALS TO STAND IDLEY BY AND LEAVE US ALL HANGING OUT TO DRY. WE HAVE TO DEMAND THAT WASHINGTON OR OUR STATE ELECTED OFFICIALS MORATORIUM FORECLOSURES NATIONWIDE. WE MUST DEMAND A LEVEL PLAYING FIELD AGAINST THESE BANSTER CROOKS. WE CAN NOT STOP CONTACTING THE WHITE HO– USE, THE MEDIA, AND OUR STATE ELECTED GOVERNORS. THIS COMPLETE MASACARE OF THE THE AMERICAN PEOPLE NEEDS A FORMAL RESPONSE BY OUR GOVERNMENT, RIGHT NOW. THE GOVERNMENT NEEDS TO STOP THE MASQUERADE.

  17. Linda Venturella says:

    The BANKSTER CROOKS are now devising more new and insidious ways to try and STEAL our property. They are now dropping TENS OF THOUSANDS OF MOD LETERS ON STRUGGLING HOMEOWNERS. i AM HEARING THAT THIS IS A SNEAKY PLOY BY THE SCUMMY BANKSTER CROOKS to CREATE NEW PAPERWORK AND LEGAL AFFIRMATION BY HOMEOWNERS TO ESTABLISH A PSEUDO TITLE AND LIEN THAT WILL STAND UP IN COURT, ALLOWING THE BANKS TO FORECLOSE AND MOVE ON. I BELIEVE IT IS ALSO A WAY FOR THEM TO GRAB MORE MONEY FROM US UNDER MORE FALSE PRETENSES. I BELEVE OUR ELECTED OFFICIALS ARE BEING STRANGELY SILENT IN THIS NEXT SCHEME BY THE BANKS TO STEAL OUR HOMES. I AM INCREASINGLY TRYING TO THINK OUTSIDE OF THE BOX HERE AS THE BANKS AND WASHINGTON CLEARLY ARE EMPLOYING THIS INSIDIOUS TACTIC. IF PRES. OBAMA AND OUR STATE ELECTED OFFICIALS DO NOT TAKE A STAND AND PLACE A MORATORIUM ON ALL FORECLOSURES BEFORE THE ELECTION,WE WILL KNOW THEIR PLAN WAS TO THROW US TO THESE WOLVES ALL ALONG. LISA EPSTEIN WILL HAVE BEEN CORRECT IN HER ASSUMPTION THAT THE PEOPLE ARE GOING TO HAVE TO TAKE MATTERS INTO THEIR OWN HANDS TO PROTECT THEIR PROPERTY RIGHTS. VIGILANTE JUSTICE, THE NEXT REVOLUTIONARY WAR? JUST THINK OF ONE THING WAHINGTON, EVERYONE CANNOT AFFORD A LAWYER IN THIS HORRIBLE ECONOMIS CLIMATE THAT WALL STREET AND THE BANKSTERS CREATED. THE JUDGES DO NOT WANT TO LISTEN TO THE PEOPLE REPRESENTING THEMSELVES PRO SE, THEY HAVE LITTLE OR NO PATIENCE FOR THAT TYPE OF DEFENSE STRATEGY. SO YOU ARE LEAVING THE AMERICAN PEOPLE NO OTHER CHOICE BUT TO THINK OUTSIDE OF THE BOX TO PROTECT OUR RIGHTFUL OWNERSHIP TO OUR PROPERTY WHICH THE BANKS CANNOT PROVE THEY HAVE ANY RIGHT TO. IS THIS WHAT WE HAVE COME TO? ARE YOU GOING TO LET THESE BANKSTERS CREATE A TOTAL ANARCHY IN THIS COUNTRY PRESIDENT OBAMA. THE PEOPLE DOWN HERE ON MAINSTREET WILL NOT BE DUPED AGAIN.

  18. joe parisi says:

    Start uniting people against this fraud and corruption. I am in NY and will help with anything possible. WBAI has a segment on this. People in NY are jaded and apathetic. United we have to be. This is a nationwide problem and has to be treated as such.

    Don’t rely on corrupt politicians. Look at Cuomo. He could care less if it doesn’t promote PR for him and his campaign.

    • RetributionNow! says:

      Joe, I agree with you completely, and that’s why I keep posting like a fiend on any foreclosure related articles on Huffington Post to try to wake people up, direct them to this wonderful website (thanks Michael and Lisa!), and make them realize we MUST unite. It is truly us against them at this point. (I use this same username on HuffPost — RetributionNow — NOT the other clown who copied me and has as his name FinalRetribution–he’s a teabagger thug!)

      I think the only thing that will work is to hurt the banks, foreclosure mills, fraudulent attorneys, and fraudulent lender processing services will be for us to unite against them in a CLASS ACTION LAWSUIT.

      I’ve had several people comment to me on HuffPost that I should start a website where people like us can unite and communicate with one another, but I keep directing people here to 4closurefraud because I think this is the best site as far as disseminating all the information in one place.

      Attorneys — even if it is too hard to do a class-action suit against the banks because we all had mtgs with different banks, we could start by suing the common factors in this mess: Florida Default Law Group, David Stern, LPS, MERS, and so on.

      Let’s do it!

      ~J~

      We just need an attorney who is bold and fearless enough to get that ball rolling.

  19. Equity Free says:

    Bravo, Your The Greatest ! Keep On Rocking the Boat….

  20. Alina says:

    KUDOS Lisa!!!! Excellent interview. To reiterate what both you and Dr. Black have said:

    Mr. President, it’s time to:
    FIRE GEITHNER!!!
    FIRE BERNACKE!!!!
    FIRE BAIR!!!!
    STOP THE FORECLOSURES!!!
    Get people on your cabinet with a backbone who are willing to investigate and prosecute Wall Street and the financial instutions that are behind this – the CEOs need to be in orange jumpsuits.

  21. Michael says:

    Love it!!! 🙂

    And kudos too to MSNBC for finally pushing it out to the public.

  22. Patricia says:

    Bravo Lisa!! Get it out there!!

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