LA Times: Despite Judge Meenu Sasser’s Vehement Protestations Otherwise, Foreclosure “Paperwork” Problems are Widespread ~ US Treasury Official

LINK – Lawsuit claims that Florida’s largest foreclosure firm faked documents

Aug 3, 2010 I haven’t seen any widespread problem,” Sasser said.
The same Judge Meenu Sasser who’s office was found to have been engaging in improper
www.palmbeachpost.com/…/lawsuit-claims-that-floridas-largest-foreclosure-firm-faked-839393.html

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Review of foreclosure paperwork process finds ‘widespread’ and ‘inexcusable’ breakdowns, Treasury official says

November 23, 2010 | 11:24 am

An ongoing review by government regulators of foreclosure paperwork problems has found “widespread and, in our judgment, inexcusable breakdowns” in the process for seizing homes of delinquent borrowers, a top Treasury Department official said Tuesday.

“These problems must be fixed,” said Michael Barr, assistant secretary for financial institutions.

They can not be “fixed.”

But the sweeping review of the foreclosure process won’t be completed until the end of the year, and a formal report based on that review won’t be finished until late January, Barr told members of the Financial Stability Oversight Council.

The newly formed council brings together the government’s top regulators, including Treasury Secretary Timothy F. Geithner, Federal Reserve Chairman Ben S. Bernanke and Securities and Exchange Commission Chairwoman Mary L. Schapiro, to monitor the financial system for signs of major risks. The council was created by the financial reform law and held its second meeting Tuesday.

Rest here…

Really? The regulators that failed us on every front are now in charge of this?

I’m inspired, aren’t you?

~

4closureFraud.org

Comments
9 Responses to “LA Times: Despite Judge Meenu Sasser’s Vehement Protestations Otherwise, Foreclosure “Paperwork” Problems are Widespread ~ US Treasury Official”
  1. RAMONA says:

    THIS CAN REALLY MAKE AN AMERICAN MAD AS HELL!!! WHERE ARE THE AMERICANS?? IT IS TIME!!!

  2. Collene says:

    I don’t know if inspired is the word I would use because I do not have faith in any state committee helping us homeomners who were victims unless we are related to one of the poloticians. The state committes in MA are guilty of criminal actions also.

  3. OMG…NOW THE FOX IS IN THE CHICKEN COOP TO EAT THE CHICKENS……This whole criminal mess was caused and plotted by the very ones who are making the decisions. ??? I own my home, but I too must speak up for those who have lost their homes or are in foreclosure. The criminal crooks run the government and people need to speak up loud and clear, rally, protest, what ever it takes to get the message across to this government that WE – THE PEOPLE WILL NOT STAND FOR ANY MORE BULL SHIT. THEY PLANNED AND PLOTTED THIS SCAM YEARS BACK WITH THE SMART ASS THOUGHTS IT COULD NOT FAIL. BUT IT HAS FAILED…FAILED BIG TIME…THEY GOT CAUGHT WITH FRAUD…FRAUD IN MANY WAYS..NOT JUST ONE WAY….THE ANSWER TO THIS WHOLE SCAM IS PRISON…NOT SITTING IN A COMMITTEE TRYING TO FIGURE OUT A WAY TO COVER UP THEIR FRAUD. DON’T BUY IT…SO THEY CAN JUST BREAK UP THEIR CLICKY MEETINGS NOW. A BANK ROBBER CANNOT DECIDE IF HE SHOULD GO TO PRISON OR GO FREE….THEREFORE, WITH ALL THE MANY COMMITTIES FORMED TO INVESTGATE…WE DEMAND ACTION….ACTION OF INDICTMENTS…. NOT PLANS TO SOLVE HOW TO FIX IT… THE FINANCIAL INDUSTRY AND THE GOVERNMENT..AS BED PARTNERS.. ARE GUILTY OF THE CRIMES THEY THEMSELVES PLANNED. THEIR GREED OF PROFITS…THEIR GREED TO RUIN AMERICA….THEY PLANNED FOR THE CITIZENS TO FAIL…WELL,, WE MUST NOW SEE THAT THEY TOO FAIL…..DEMAND ACTION….THEY ARE THE CRIMINALS. WE DID NOT BREAK ANY LAWS…THEY DID. THEY BROKE THEIR OWN LAWS AND THE LAWS OF THE LAND. THE CRIME HAS BEEN DONE AND PROVEN….THIS IS LIKE A BANK ROBBER BEING TOLD TO PUT THE MONEY BACK INTO THE TELLERS DRAWER AND HE CAN GO FREE. NO..NO SUCH THING. OVER AND DONE…CHARGES AND PRISON. WHATEVER IT TAKES…STAND TOGETHER AND DON’T LET UP…JUST KEEP GOING AND DEMANDING…THIS IS OUR RIGHTS.

  4. usjustice4all says:

    Someone tell me if they ever had a problem leaving a comment on the LA times Website for these articles? I used my email address, the last comment I scorned the author for leaving out information that is important to know the whole picture and it came back and said it could not post it, I changed emails and then its going to be reviewed by the author. What good is it if it has to be reviewed by the writer.

  5. John R says:

    Soooo… what they’re really saying here is… we know there’s fraud, we know there’s rampant and rabid fraud! But we need to let the Banks keep on foreclosing so they can get as much as they can BEFORE we do anything and besides, we’re still not sure just how much WE can get out of them yet! After all, they’re only breaking the law, they’re not hurting us and this a genuine opportunity to get them to give OUR interests a whole lot of money, and anyway, we haven’t yet figured out a way we can “word it properly” so the American citizen still ends up getting it in the A__ while WE & OUR friends make more money! And besides, we got time!

    If you’re reading this and have suffered a foreclosure in the past 10 years, I’m begging you, go to one of the many sites that are just chock full of all the information you need to enter your own pleadings into your local court and enter a pleading in your now closed foreclosure to vacate it for fraud! Start tryin to get that house back. Legally and lawfully, there’s so many things wrong with these cases that the judiciary should be giving homeowners not only their homes back FOR FREE but also 100′s of thousands of dollars in fines too.

    Come on America… Go for it!

    There’s like 4 million of us out here, it’s not that hard and since they started it, it shouldn’t cost you anything but some time and paper.

    With sites like 4closurefraud.org and foreclosurehamlet.com and MSFraud.org and so many, many more… it’s really pretty easy and you’ve already lost the house… you might just be part of a movement to get it back!

    Unemployed? Take this on as your new profession…. go for counterclaims! It pays horrible at first, but in the long run? Who knows! Take the chance! It might be the best investment you ever made.

    Let’s bury the Courts in paper and then let’s see how much time it takes to get this shut down. I’m betting not long.

  6. Officer of the Law says:

    Amazing!!! Is there any question whether or not the crooked banksters own the government?

    The only fix these banksters will come up with will help the banks steal more homes and steal more taxpayer money.

  7. Janeen Dann says:

    They are the very people perpetrating the fraud and now we are asking them to over see this problem, what is wrong with this picture.

  8. J Glenn Lowe says:

    Isn’t this lovely? The Vampires that created the problems are going to suddenly oversee the committee that will fix the problems. Every time a society gets to the point where the laws only work for the richest assholes on earth, you will eventually start to see them hang from lamp posts. I got your fix. This song is dedicated to all of the Banksters, Politicians and Judges who have fucked up our entire economy, putting children in the streets, and rigged the justice system.

    Die Banker Die – http://www.youtube.com/watch?v=YGFZ1Jj3ui8

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