Action Alert – Foreclosure Fraud – Tell your Attorney General “Don’t Sit Down with the Banks! Stand up Against Fraud!”

Banks `Want to Sit Down’ With States to Discuss Foreclosures

A 50-state task force investigating U.S. foreclosure practices may meet with lenders as early as this week, less than a month after JPMorgan Chase & Co. and Bank of America Corp. suspended some home seizures.

“We’ve had several conference calls with major lenders,” Colorado Attorney General John Suthers said in an interview, declining to specify which ones. “The banks want to sit down with the attorneys general. These meetings are being set up,” said Suthers, whose office is a member of the executive committee of the task force.

All 50 states on Oct. 13 announced a coordinated inquiry into whether banks and loan servicers used false documents and signatures to justify hundreds of thousands of foreclosures. The probe came after JPMorgan and Ally Financial Inc.’s GMAC mortgage unit said they would stop repossessions in 23 states where courts supervise home seizures and Bank of America froze foreclosures nationwide.

Read the rest here…

Now get on the phones and tell your state AG’s not to deal with these devils…

4closureFraud.org


I sure could use some…

Comments
6 Responses to “Action Alert – Foreclosure Fraud – Tell your Attorney General “Don’t Sit Down with the Banks! Stand up Against Fraud!””
  1. housemanrob says:

    GO SONYA!!!!!!!!!!

  2. RAMONA says:

    the pigs get fatter while we starve… seems I remember the french did not tolerate that very well

  3. Officer of the Law says:

    This meeting is to plan a whitewash and to grab a bigger piece of the action.

    These prosecutors have plenty of evidence to indict the big bankers for fraud in loan origination, securitization and foreclosure. They have not done so because they take cash from the rich and powerful and let them get away with crimes like stealing the homes and life savings of millions of Americans.

    What will we see next? Will these prosecutors announce a meeting with the Mafia to discuss their crimes and how to better facilitate them? No, for two reasons: the Mafia hasn’t ripped off nearly as many people as the big bankers have and as a result, the Mafia will not give the prosecutors a raise for nothing.

    These prosecutors are meeting with the bankers because it has become obvious that the bankers have been involved in a massive criminal conspiracy. They know that they have to do something. They are very likely to take more cash, levy a few fines and pretend that everything is all fixed because the bankers have promised to clean up those paperwork mistakes.

    Remember, you can’t clean up fraud without forfeiture of the illegally obtained assets and restitution for the victims.

    Demand that these prosecutors allow foreclosure defense attorneys to present evidence of the bankers’ crimes to grand juries and take the indictments to trial. This type of massive crime spree has already trashed our economy, and the economy will not recover until crime no longer pays and the crime spree is stopped.

  4. Fred Book says:

    I am here to sadly report that my states AG (in Arizona) has entered into an agreement with Wells Fargo on Oct 3 that absolves them of any legal liability for their crimes including FRAUD. The deal includes Wells Fargo agreeing to provide HAMP or Wells own modification program to all eligible home owners 60 days past due. Wells has not had to admit to any wrong doing PERIOD!!! This is truly amazing. I submit that this is probably what will occur between the all AGs and the banks in a very large settlement. NONE will be forced admit any crimes and thus all the FRAUD will be overlooked and things will go on.

    The question I have is the obvious, where are the indictments, and also where is Justice. I am sad to say that the outlook for bring these banks to be totally accountable to the debacle perpetrated on the American public will go unpunished as each state will be looking for these deals to stave off foreclosures in their state and possibly maintain tax revenues and try to force the banks to pay fines that go into the state’s general fund. The only harm the banks will have is if the investors of the securitized tranches follow through on litigation to recoup losses which could be sizable. However, that remains to be seen.

    We are doomed as the banks rule and will continue to do so.

  5. sonya Brewer says:

    Here is the letter I sent to ALL the Senators on the Banking and Commerce including Christopher Dodd, I gave up with the AG as mine referred me to consumer affairs when I sent him proof of securities fraud, bout ayear ago and I just sent him the same info again. The Banking and Commerce committee is having a hearing on the investigations on NOV, 16 @ 10am:

    Be prepared for the hearing on Nov.16,2010 at 10:00 am.It is not just sloppiness or as the Banks say a “technicality” I have all the evidence and proof needed to prove Securities Fraud. I have a sworn affidavit from(EMC) the seller into the securities that said the assignments were never prepared.The seller did not sell to the depositor and the depositor never sold to the trust. I also have proof of unlawful assignments of the Mortgage filed at the ROD office in 2009 from a Robo-signer acting as the VP of MERS for a defunct company, when I have a letter from MERS stating the loan was removed from the MERS System in 2002 and the MIN # deactivated. I also have in my possession the original “wet ink” Note endorsed in Blank, which is a bearer instrument,therefore I’am the owner and holder of the Note.I also have for your convenience the pooling and servicing agreement and the Prospectus, the PSA is the governing document. I have all the evidence you will need to prove securities fraud… Are the Banks “Too Big to fail”, Too Big to Prosecute!” Feel free to contact me by email, (sbrewer@email.com) and I will provide you with all the documents you need to prove securities fraud.

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