Merry Christmas and Happy New Year from 4closureFraud.org

Posted by 4closureFraud on December 23, 2010 · 17 Comments 

Michael Redman would like to wish everyone a very Merry Christmas and a Happy New Year. We thank all of you who read this site and who have helped make it one of the most popular sites on the internet regarding the foreclosure debacle caused by the biggest Ponzi scheme the world has ever seen … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, Front Page, MERS, mortgage electronic registration system, securities fraud

Naked Capitalism – Please Visit StopServicerScams.com to Stop Servicer Fraud

Posted by 4closureFraud on December 23, 2010 · 2 Comments 

Please Visit StopServicerScams.com to Stop Servicer Fraud As readers may know, the banking industry is trying to prevent the FDIC from moving forward with its proposed reforms on securitizations and is also attacking related SEC reforms, namely amendments to Rule A/B. To further the effort to curb servicer abuses, please visit the website, StopServicerScams, and … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

How Bout These Deadbeats? Amelia Couple Faces Foreclosure from Refinancing Gone Bad

Posted by 4closureFraud on December 23, 2010 · 3 Comments 

Amelia couple faces a refinancing gone bad Terry and Donna Hunt have never missed a mortgage payment. But their original lender has tried to foreclose on their house in Amelia County three times. The Hunts weren’t involved in a loan modification, nor were they trying to take equity out of their house. Rather, things went … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

Robo-verifiers – Full Deposition of Alden Berner of Wells Fargo

Posted by 4closureFraud on December 23, 2010 · Leave a Comment 

Defense lawyers raise new issue: ‘Robo-verifiers’ Some excerpts from the report… In a deposition conducted in early December by an attorney with the Ice Legal firm, a Wells Fargo employee detailed the bank’s “verification” process. The employee, Alden Berner, said he and two other “legal process specialists” were in charge of verifying all of Wells … Read more

Filed under Foreclosure Fraud