WAPO – A Populist Foreclosure Revolt
Foreclosure mess prompts growing number of public officials to slow down process By Ariana Eunjung Cha Washington Post Staff Writer One month ago, the city of Chicago and the surrounding suburbs of Cook County became a foreclosure-free zone. It wasn’t the banks or judges that instituted the moratorium, because they were still … Read more
Video – Bernanke’s Quantitative Easing Explained
Quantitative Easing Explained ~ 4closureFraud.org I sure could use some… Tweet
KABOOM – Georgia Foreclosure Fraud Class Action – Georgia Residents v Georgia Foreclosure Fraudsters
Foreclosure Mill Law Firm Accused of Fraud, Racketeering See also: LINK – More Georgia Foreclosure Fraud – Prosecutors Probe Counterfeit Notary Seal from Prommis Solutions ~ LINK – Georgia’s Version of David J. Stern and Friends? – McCalla Raymer, Charles Troy Crouse and Prommis Solutions ~ Click Through to View And now for the complaint… WENDY N. … Read more
Worried Industry Organizations Request Delay of TILA-RESPA Integration
Industry Organizations Request Delay of TILA-RESPA Integration The Mortgage Bankers Association, American Bankers Association, and six other trade groups representing the financial services sector sent a letter Wednesday to Obama Administration policy makers calling for a delay in considering improved disclosures for mortgage borrowers under the Truth in Lending Act (TILA) and Real Estate Settlement … Read more
More Georgia Foreclosure Fraud – Prosecutors Probe Counterfeit Notary Seal from Prommis Solutions
Earlier this month we put up… LINK – Georgia’s Version of David J. Stern and Friends? – McCalla Raymer, Charles Troy Crouse and Prommis Solutions Which covered some document irregularities on foreclosure paperwork. Well it looks like our friends in Georgia are turning up the heat… Prosecutors Probe Counterfeit Notary Seal from Prommis Solutions Click Through … Read more
Naked Capitalism – Bank of America Allegedly Foreclosing Fraudulently in Kentucky
Bank of America Allegedly Foreclosing Fraudulently in Kentucky If you were to believe the banks, the concern over foreclosure “improprieties” is way overdone. They claim that the robo signers really weren’t doing anything seriously wrong, the banks just need to redo some paperwork, and everything else about foreclosures is just fine. Yet Bank of America, … Read more
Cities and Towns – The Next “Deadbeats”
Damn deadbeats should of known better… WSJ – New Risks Emerge in Munis By MICHAEL CORKERY The housing crisis was fueled by cash-strapped homeowners who walked away from their mortgages. Some analysts and investors now are worried about the same problem happening with debts of cities and towns. For more than a year, Menasha, Wis., … Read more
Losses from Force-Placed Insurance Are Beginning to Rankle Investors
“Both borrowers and the investors are the customers of the servicers,” ~ “In what other industry do companies treat the customers in this manner?” ~ This is a HUGE reason for “manufactured foreclosures”. We see this one all the time. Many NACA attendees are victims of forced placed insurance. There is a big story here … Read more
