Fannie, Freddie, Storm Stern’s Office, Seize Foreclosure Files

Looks like the foreclosure king has been dethroned… From a David Stern “insider”… DJS just lost FANNIE and FREDDIE accounts. DJS Employees told to gather all relevant files. Banks will be by to box and remove files later this week. Most employees on 6th floor are crying knowing that they will probably soon lose their … Read more

Xee Moua – Class Action Robo Suit REGINALD JONES, v. HSBC Bank USA, N.A., Wells Fargo, et al

IN THE UNITED STATES DITRICT COURT FOR THE DISTRICY OF MARYLAND (Greenbelt Division) REGINALD JONES, * * Plaintiff, * * v. * * HSBC Bank USA, N.A., et al * Civil No. 09-2904 RWT COMES NOW, Plaintiff, Reginald Jones (hereinafter “Plaintiff”), by and through his attorneys Jon D. Pels, Esq., Lawrence J. Anderson, Esq., Justin … Read more

Palm Beach Post – 65,830 Foreclosure Cases in Florida Cleared in Three Months

65,830 Foreclosure Cases in Florida Cleared in Three Months By Kimberly Miller Palm Beach Post Staff Writer Florida’s courts cleared 65,830 foreclosure cases in a three-month period beginning July 1, with 71 percent being decided in quickie hearings before the judge sometimes called “rocket dockets.” According to a report released today by the Office of … Read more

Rep. Grayson Asks the Financial Stability Oversight Council to Require a Special Capital Buffer to Large Banks Due to Foreclosuregate

Dear Secretary Geithner and members of the Financial Stability Oversight Council, I’m writing concerning the foreclosure fraud crisis and the resulting potential need for a special capital buffer for large systemically significant institutions. I’m particularly worried about the title insurance market, and attempts to lay off title liability onto large banks without corresponding changes in … Read more