4closureFraud & ForeclosureHamlet are Going to Washington DC & Could Use YOUR Help

Sorry the posts have been lite over the last few days all. I will do my best to catch up with them.

Reason being is, as you can see in the title to this post, is because I, 4closureFraud, aka Michael Redman, along with ForeclosureHamlet, have had our presence requested in Washington DC tomorrow Friday Nov 12th 2010 to discuss the  Fraudclosure Fraud / Foreclosure Gate crisis and the work we are doing with some of the brightest minds this country has to offer.

I, we,  are honored to be able to represent the thousands, if not millions, of voices in this fight to people who can make a change.

With that said, we can use your support.

As you all know, the events that we do, are done on no budget / no funding with the exception of some support from some law firms or readers like you.

This trip is taking a big dent in our limited funds and we would appreciate anything you could spare, even if it’s a dollar…

Airfare – $400
Hotel – $200
Expenses $200

Getting to go to Washington DC to assist in crushing the fraudsters…

PRICELESS!

Click on the Tips Jar to contribute…

We can really use the help on this one…

Gotta run because I have a plane to catch…

Wish us luck!

Thanks!

~

4closureFraud.org


I sure could use some…

Comments
55 Responses to “4closureFraud & ForeclosureHamlet are Going to Washington DC & Could Use YOUR Help”
  1. l vent says:

    I am begining to think that Obama, Bernanke, Geithner, all of them are just scapegoats for the NWO, Wall Street and the Banks are only scapegoats too, We need to fight the NWO in our own ways. Did you see the Jesse Ventura conspiracy theory show last Friday entitled “Wall Street”. The Wall Street guys clearly stated something in their defense to the effect of IF YOU THROW A RAW STEAK ON THE FLOOR IN FRONT OF A DOG, HE WILL DEVOUR IT. I am not defending them but i am no longer willing to condemn them either GOD BLESS AMERICA!!!!!! The FBI REPORTED THE PERVASIVE FRAUD IN MBS IN 2003, YET NOT A THING WAS DONE BY THE GOV. TO STOP IT. SOMETHING STINKS.

  2. Ohioan says:

    Sonja Mitchell, thanks for the wonderful post explaining the mess along with possible suggestions. If you have bandwidth for additional writing assignments please contact me balanceadvocate@balancednation.org.

  3. RAMONA says:

    Stay SAFE you guys ..our prayers are with you!!

  4. l vent says:

    In my State property taxes are not coming out until Christmas. What about your state?? The tax bills normally come out in August. I say we all buy meaningful gifts for our family and friends and we don’t pay our property tax bills. That way we are propping up local businesses and screwing the shadow Gov. Believe me the rich are not happy about what the shadow Gov. is trying to do to all of us either. This economy hurts them too. Wall Street and the BAnks are only puppets for the shadow Gov. We need to hit the Shadow Gov. hard and not pay our property taxes and remove our money from their hands. Our property taxes if paid are going to let the Gov. steal more homes from the people. The stealing of homes and buisinesses of their wealth by the Gov. is why our taxes are so high as well as our utility bills. WE HAVE TO STOP PROPPING UP THE SHADOW GOV.We should have property tax bill bonfires in our collective neighborhoods, maybe on our front lawns!!!!!

    • RAMONA says:

      why pay taxes…paying taxes was supposed to bring safety and protection from criminals. where is our protection? we are not being represented..

    • J A says:

      The only problem is that they will foreclose on you faster than you can blink if you don’t pay your property taxes. Remember when that big story hit the news last winter about a city in Maryland doing this to residents (I think it was even Baltimore…can’t remember)

      The best form of rebellion/boycott tax-wise is to refuse to pay income taxes…if enough people did it all across the US, that would send a huge message. But it would have to be a big majority of people all banding together so that the govt couldn’t pick off people one by one to torment with tax liens.

      The biggest problem with getting a massive amount of people on board with anything that sniffs of rebellion is that most people are paralyzed by FEAR. Sad, but true.

  5. l vent says:

    I wonder if the Pres. isn’t trying to help us all in an unobvious way. Notice his snubbing of Israel. I don’t think he could possibly take on the shadow gov. head on. I am not counting him out yet. Let’s not forget the gov. rebels he is tied to in his past We can’t drink the media’s kool-aid. He may not begoing along with the agenda but can’t be to obvious about it. I think we all need to think outside of the box here and watch this man very closely. Take HR3808 as an example. I don’t think we have to worry about HIM letting a legislation pass in favor of MERS. He may just be a sneaky rebel himself. We will see. This is all actually pretty interesting.

  6. Pam Edwards says:

    Thank you so much for everything you are doing not just for us homeowners but our country too.Nobody seems to understand united we stand ;divided we fall except a very few of us.Its time to take strong action and stop all of this,not just for the homeowners [displaced] or otherwise but also for generations of Americans coming up behind us.Fraud is still fraud, it doesn’t matter how it comes about.Remember when you give a dance you still have to pay the band.Kick thier butts and take names later.Please come home with good news

  7. l vent says:

    GOOGLE OR YAHOO SEARCH: WEARECHANGE.ORG. THEY ARE ALL OVER THE COUNTRY AND ALL OVER THE WORLD. WE NEED TO GET ON BOARD PEOPLE!!!!!!!!

  8. l vent says:

    IF YOU ARE NOT YET SIGNED UP TO JOIN THE DISCUSSIONS ON YOU TUBE YET, YOU NEED TO DO THIS TODAY. PEOPLE FROM ALL AROUND THE WORLD ARE CHEERING ON OUR REVOLUTION AND TRYING TO DO THE SAME THINGS IN THEIR OWN COUNTRIES RIGHT NOW TO EFFECT CHANGE. PLEASE CHECK IT OUT AND GET ONBOARD WITH THE WORLDWIDE DISCUSSION!!!! WE NEED TO ORGANIZE TO FIGHT THE NEW WORLD ORDER, STARTING TODAY!!!!! GOD BLESS AMERICA!!!!!!!

  9. l vent says:

    GOOD LLUCK IN D.C. YOU GUYS!!!! YOU ARE AMONG THE TRUE HEROS TRYING TO HELP THE PEOPLE GET THE JUSTICE THEY TRULY DESERVE!!!! HEY EVERYBODY YOU MUST WATCH THE YOU TUBE VIDEO ENTITLED: “WE ARE CHANGE” TRUTH BEHIND 9/11, NEW WORLD ORDER AND THE FED.” THESE PEOPLE REPRESENT THE CHANGE WE CAN ALL RALLY BEHIND. PLEASE CHECK IT OUT AND ALSO SOME OF THE OTHER “WE ARE CHANGE VIDEOS’ THESE PEOPLE MAKE A LOT OF SENSES THERE IS NO DENYING THAT. MORE SENSE THAN OUR ‘ELECTED POLITICIANS’ DO RIGHT NOW.

  10. usjustice4all says:

    I will send money in a heart beat if I know what you are going to advocate and pass along for them. I would like to send you my story for an example,no names needed, but they need to see that it effects my job, family, friends, markets, federal taxes are higher with no home and limbo!! is that possible. ? Please let me know as soon as possible so I can send it to you, you have my email right? Also send me a personal message on Twitter under usjustice4all.

  11. l vent says:

    Give the Fraudclosed on homes back to the people who lost them. If Congress dares to pass such a MERS legislation, the people will surely slit all of their throats or hold a public, private lynching for these individuals. Obama knows this would be the death of his 2012 Presidential hopes if he has any left. These people know their polical deaths have occurred. If they try anything shady such as legitimizing MERS they truly will be lynched and burn in hell for all eternity. They will get vigilante justice on earth and their next sentence will be in the afterlife. We should not fear them we should put the fear of the fury of our RATH into them. The American People have had enough of their Bullshit and they better know it.

    • usjustice4all says:

      The congress and Senate did pass 100% some crap that was going to help the notary issue get ignored!!! President sent it back but definitely no coverage on that. I really believe they should have to get 2/3 of the vote from the PEOPLE in their districts in order to vote either way!!!!!!

  12. PMBVA says:

    Mike and Lisa we appreciate all that you are doing for American Home Owners! You are living proof we can all make a difference if we just take a stand! I live close to D.C. and would be happy to pick you up and cook you a home cooked meal and you can save the hotel room cost. As long as I have a home you have a place to stay!
    pmbva@yahoo.com

    Best of Luck tomorrow! I put what I could in your jar.

  13. Some suggested solutions:

    SUGGESTED SOLUTIONS: For Home Buyers/Owners and Investors

    STOP THE MUSICAL HOME GAME NOW!!!

    I have a solution.

    It will keep people in homes. Hell, there are homes empty or about to be empties and people/families/babies and children/grandmas and grandpas who need a home.

    Will make investors whole

    And will make those who bent the law and fudged the numbers pay the difference to the investors

    PROPOSED SOLUTION TO THE MESS:

    First the Investors: Investors stand to lose a lot. Pension Funds and foreign sovereign funds as well as many, many others.

    I believe a polygram test will prove that absolutely everyone involved in rating, buying and selling the MBS and CDS knew in 2005, the height of the frenzy, that something wasn’t quite right.

    That said, contracts were made. However, because the foundation product for the investment was worth much less than everyone said they believed they were worth, the investors have losses.

    There is no way the banks have enough to make up for the contractual losses. We are certainly not going to bail them out again, not after how poorly they have treated the majority of citizens in the US for the past 2-3 years. They can go hang.

    And, in a laissez-faire model, it’s really not anyone’s problem other than the investment fund Trustees and the institutions/people that sold them the MBS, CDOs.

    Who bails us out if we are snookered? Um, no one.

    So, there is no way, in the short run, to resolve the losses.

    However, the two most commodities in the deal still exist: The House and the Home Owner/Buyer

    The market still exists. No one took the houses off the board and the people are still needing homes.

    So………….to minimize the losses to the investors and to minimize the failure of the TBTFs, it’s time for a do over.

    New contracts need to be written BETWEEN the investors’ Trustees and those who sold MBS and CDOs if, and only if, the investor hasn’t been made whole via Credit Default Swaps for a property/properties. I believe the NY FED under Geithner gave the money to AIG to take care of the investors so we could avoid World War III.

    There is also a possiblity that the bank/lender could have been made whole, as well, via a PMI policy.

    And, if the BANK/Mortgage had PMI insurance, and the bank was made whole via PMI for a home/homes, than those homes have no outstanding debt owed. Period.

    To avoid moral hazard, as most of the homes have been or will be foreclosed EVEN IF investors and banks/lenders were made whole, and to save entire neighborhoods from blight and violent crime/crack houses, there is absolutely every reason to reunite the homeowner/buyer with their home and play LET’S MAKE A DEAL.

    NO ONE HAS TO ADMIT TO APPRAISAL FRAUD or fraudulent behavior. We will let the FBI work that all out if they ever get enough funding.

    Most of the foreclosed homes end up auctioned off for peanuts to wealthy flippers, the very people most guilty of inflating home valuations to begin with. This just doens’t make sense.

    The market today, if we don’t stop and correct this mess will just get more and more corrupt, as proven by the most recent MARI Report:

    Stats on numbers of fraud cases reported per year:

    This table is from an April, 2010 Mortgage Asset Research Institute’s TWELFTH PERIODIC MORTGAGE FRAUD CASE REPORT (MFCR) submitted to the MORTGAGE BANKERS ASSOCIATION.

    And this, according to an FBI Report:

    Mortgage fraud is a relatively low-risk, high-yield criminal activity that tempts many. However, according a May 2006 Financial Crimes Enforcement Network (FinCEN) report,

    finance-related occupations, including accountants, mortgage brokers, and lenders, were the most common suspect occupations associated with reported mortgage fraud2. Perpetrators in these occupations are familiar with the mortgage loan process and therefore know how to exploit vulnerabilities in the system.

    What is a reasonable price for the homeowners to pay to be able to either stay in or return to their home?

    Does it really take a Rocket Scientist (I revere them) to understand that there absolutely HAS TO BE a relationship between the cost of housing and household wage?

    Are we to believe that entire industries hadn’t caught on to this basic of rules for financing? No. Which if all would be honest, all would admit that we got to play pretend monopoly with real homes and real people, and their childrens’ lives. Shame.

    Those who are the haves, who want to bring up moral hazard for helping desperate people get on with their lives, simply shut up. Where was your moral hazard squawking when the billions were flowing like a chocolate fountain at a mid-sized wedding?

    Both homeowners and investors need a reasonable solution that isn’t fraught with risk.

    Here’s an expert opinion on how to value homes:

    America (and other countries) that suffered from exploding house-price bubbles, had no excuse, the tools were there, just they chose not to use them.

    The reason was mainly because there was no agreement on what is the correct or fundamental value of a house; even though some people were warning about potential problems with housing in USA and also in UK in 2003, there was no consensus. Alan Greenspan spoke of a “bit of froth” in 2005, but he had no courage in his convictions, and even as late as early 2008, just before the slump really started in UK, Gordon Brown was saying that housing in UK was “affordable”, and so there was no risk of catching the American disease.

    Even now, after a cataclysmic wake-up call, there is no consensus about what is the “right” price for housing.

    What is the right price?

    At it’s simplest level (it gets more complicated), the “right” price for housing is that which allows the population to spend a fixed proportion of their income on “shelter”, that proportion is broadly well-known, it works out somewhere between 20% and 30% (and I’m not going to argue-the-toss about exactly where it is, although there is a broad consensus in that the calculation of the weighting of “shelter” in the CPI analysis provides good base-line).

    Homeowners deserve their homes at true value (costing no more than 30% of their income total for mortgage, taxes, and insurance) and those who issued the MBS and CDOs owe the investors the rest.

    And here is where we can get creative.

    Today, many are un, under or low wage employed because, as Evidence #10 above clearly lays out, cash rich companies/banks are refusing to hire or loan money to small businesses and, instead, are using their trillions to buy more stock, pay higher bonuses, and reward shareholders with higher dividends. On top of the past decade of shipping manufacturing jobs, and the tax revenues as well, America is at a cross roads, perhaps a solid stand still.

    The corporations and the TBTFs will do just fine. They can move to tax-free Dubai. Hope that works out well for them.

    But we have to glue this mess together again, NOW, stop the bleeding and heartache.

    And there are millions of families that have been displaced, tens of millions of children. This will destroy our country’s social fabric if it is resolved instantly. And it can be. Unless we are just heartless enough to watch the house burn rather than help tens of millions of people whose only sin was being laid off and/or lied to, or both.

    Which is why I believe we need a new mortgage model. For lack of a better name, I will call it a Sliding Scale Mortgage. Whatever wages are made in a home, no more than 20% will be used to pay off the mortgage.

    There will be no transfer of funds for the homes other than payments from the homeowners to the investors/lenders IF they can prove a stake in the house. Money already paid the builder, developer, and the real estate professionals at least once for the homes which stand ready to occupy.

    It can be called The Cost of Housing Payment. Buyers could pay off faster if they wanted to with no penalities, because we are not going to use this life sustaining commodity, a roof over the heads of a family, for speculation again. Overtime, this can make the investor whole again and, in the interim provide a stream of returns.

    20% of income is all people can afford because of all the ways and means money is taken from them at every turn in this country. Health care insurance/costs being one of the worst financial assaults on the American family.

    For instance, people in flood zones surely can’t afford Flood Insurance anymore. My quote jumped from $350/year to $2,100/year this year. Thank FEMA. Guess I just rot if a rain cloud hangs around for too long. Who, at FEMA, thinks middle class families can pay $2,100/yr on top of a mortgage, taxes, and insurance. Flood insurance is now comparable real estate taxes. It’s ridiculous. Why pretend there is a national flood insurance program, when no one can afford it. Just another example of how every penny we make is being squeezed from us.

    Also, there is a need for some clawback in lieu of prosecutions.

    Have you ever wondered where all that money collected by the FBI, Justice, the IRS goes? I believe the American people deserve a transparent, easy to navigate open window to this process for resolving The Housing Disaster.

    Have you ever read the Federal Budget? I have. Good Grief, it’s a poorly written fairy tale, quite frankly. Besides which, I want to see, on a weekly basis, where every penny is going. It’s our money!!!

    The clawback money could be bundled and put into a Housing Restoration Fund, divided by states, and monitored by volunteer citizens groups within each county. I think we have learned we can’t trust money making people to always do the right thing when it comes to housing. A portion could also be distributed to a Disaster Fund to help in future disasters.

    We can let Justice, the IRS (maybe deduct the clawed back monies from income in a kind gesture), and the FBI work that out.

    The citizenry deserves to see that crime does not pay, and certainly children need to see that there are consequences for bending the rules and fudging the numbers.

    Of course, some did much worse and may have to pay a higher price than clawback.

    I would rather see the guilty white collar criminal be sentenced to working for minimum wage AND HAVING TO LIVE AT THAT RATE of income (taken from his hoard of cash and paid to him every two weeks like the majority of Americans), with the wage he earns paid directly to fund programs for the needy: needy children, the elderly, infirm, etc., quite frankly, than jail.

    Enough with prison industries profiting privately run, corporate prisons whose stocks are traded on Wall Street! HAVE WE COMPLETELY LOST OUR MORAL COMPASS IN THIS COUNTRY?

    Perhaps we could boost our compassion commodity, which is sorely undervalued at this time.

    These suggestions would STOP THE FORECLOSURE INSANITY and

    keep people in their homes and/or

    fill the empty homes,

    punish those who cheated the investors, and the payments made by homeowners

    would fulfill the investors’ contracts over time which, I suppose, could be leveraged when necessary by the very banks that sold the MBS/CDS.

    We have to put aside the moral hazard issues. No one was ringing that alarm while millions became millionaires playing with people’s homes.

    And, no way in hell should the enriched by The Housing Disaster be allowed to buy foreclosed properties at auction, to start the whole corrupt process all over again with the very same players who bent the rules and fudged the numbers.

    We have the homes that need to be filled.

    We have people in need of homes.

    Fill the damn homes.

    STOP THE MUSIC. Stay in the home you landed on. Agree to pay 20% of your income for the home.

  14. ARCHIE KNUCKLES says:

    You provide inspiration and hope for all. May your powerful words not fall on deaf ears. You are our voice, our heartbeat, our soul. When you speak your knowledge of the truths, your voice will be “GREATLY” heard as it will be that of millions Americans.

    It is “we the people” not “we shall pillage the people”. This evil is by far the worst as it does not discriminate. It will prey on all.

    Please kick ass and take names!

  15. Tony says:

    Keep up your good work. Just sent $25, and it pleased me to do so.

  16. De says:

    Thank you for all you do, I don’t know where I would be in this mess without your help. Give ’em hell <3

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