Florida Southern District Court – Bank Can Not Foreclose On Property Which Has Existing IRS Tax Lien

Via ZeroHedge… MERRILL LYNCH CREDIT CORP., Plaintiff vs. KARIN LENZ, et al., Defendants. Judge Marcia Cooke has found that Merrill was not allowed to foreclose on a property that had an IRS tax lien on it, that a tax lien is found to have priority over a mortgage, and that in a nutshell the (presumed) … Read more

WAPO – Regulators Flawed in Foreclosure Oversight

Regulators flawed in foreclosure oversight By Zachary A. Goldfarb Washington Post Staff Writer Monday, November 8, 2010; 12:02 AM As foreclosures began to mount across the country three years ago, a group of state bank regulators suspected that some borrowers might be losing their homes unnecessarily. So the state officials asked the biggest national banks … Read more

William Black – Lenders Put the Lies in Liar’s Loans

William K. Black Lenders Put the Lies in Liar’s Loans I have noted before a family maxim — one cannot compete with unintended self-parody. Andrew Kahr has recently written a column in the American Banker entitled “Spread the Word: Lying to Banks is Illegal.” Mr. Kahr is one of the architects of subprime lending. He … Read more

Utah – ReconTrust and Bank of America Named in Class Action Foreclosure Fraud Lawsuit

IN THE UNITED STATES DISTRICT COURT, DISTRICT OF UTAH, CENTRAL DIVISION JEREMY COLEMAN, DWAYNE WATSON, SAMUEL ADAMSON, ETHNA LYNCH, Plaintiffs, vs. RECONTRUST COMPANY, N.A., MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., BANK OF AMERICA, N.A. AS SUCCESSOR TO COUNTRYWIDE HOME LOANS, INC., BAC HOME LOAN SERVICING LP, HSBC BANK USA, N.A., WELLS FARGO BANK, N.A., U.S. BANK … Read more

Full Deposition of Bryan Bly of Nationwide Title Clearing

This deposition was taken on November 4, 2010 in Pinellas County, Florida, by attorney Christopher Forrest of The Forrest Law Firm. Bryan Bly Deposition 1 Bryan Bly Deposition 2 Bryan Bly Deposition 3 Some background… Bryan Bly, is it a LIE? Robo-Signer for Nationwide Title Posted by Foreclosure Fraud on June 20, 2010 · By Susan … Read more

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