Will Rogers: FDR explained “the banking crisis so clearly that even the bankers understood it.”

Will Rogers: FDR explained “the banking crisis so clearly that even the bankers understood it.” h/t Matt Stoller That’s from an amazing podcast between Congressman Brad Miller and Dylan Ratigan, part of the Huffington Post/Dylan Ratigan series this week “No Way to Live”.  The Huffington Post is looking at how housing is crashing muni revenues, … Read more

PB Post | Florida Bar Says Foreclosure Lawyers MUST Report Fraud to Court

“I haven’t seen any widespread problem” ~ If they only would of listened… Florida Bar says foreclosure lawyers must report fraud to court By Christine Stapleton and Kimberly Miller In an opinion that could have unfathomable consequences in countless foreclosure cases, The Florida Bar says attorneys must notify a judge about potential fraud — including … Read more

Search All the Documents in the FCIC’s Treasure Trove

Search All the Documents in the FCIC’s Treasure Trove by Marian Wang ProPublica, Jan. 31, 2011 After the Financial Crisis Inquiry Commission released its final report last Thursday, many considered it a rather lackluster report telling us little more than what we already know. But while the 662-page report may not be a page-turner, the … Read more

Ohio | Local Judges Get Tough on Foreclosure Documents

Local judges get tough on foreclosure documents By John Futty In response to a national outcry over fraudulent foreclosure filings, three Franklin County judges are requiring lawyers to verify that all of the documents in residential-foreclosure actions are valid. Six of the lawyers affected by the order are fighting back. They have asked the Ohio … Read more

Securities Fraud | Fresno County Employees’ Retirement Association v. Countrywide

The Fresno lawsuit accuses Countrywide of having “repeatedly touted its prudent, conservative and risk-managed lending practices,” while abandoning them in a drive for greater market share in a booming housing market that began to collapse four years ago. Once losses began to mount, prices on Countrywide securities plummeted, causing losses of millions of dollars for … Read more

Foreclosure Radio Interview – Granny Fights to Save her Home – Alleges Robosigner Mayhem!

Lisa and Attorney Steve talk with guest caller GRANNY who is fighting to save her home from foreclosure and alleges she has uncovered forgery in her foreclosure documents… Click here to listen… ~ 4closureFraud.org Tweet

Friday February 4, 2011 West Palm Beach – First Fridays Lunch & Learn for Foreclosure Defense Attorneys (and list of upcoming events)

ATTENTION PLEASE:  ALL weary, embattled foreclosure defense attorneys.  It’s time for another First Fridays Lunch & Learn! Good opportunity to discuss news stories like this Foreclosure Document Fraud Drives Notaries to Take the Fifth http://t.co/zly1gcl via @AOL We are honored to announce this month’s featured speaker, Michael Wrubel, Esq. (appellant in Frost). Please join us … Read more

Michigan AG Schuette Sues Countrywide Financial To Recover $65 Million in Taxpayer-Funded Investment Losses

Michigan AG Schuette Sues Countrywide Financial To Recover $65 Million in Taxpayer-Funded Investment Losses LANSING – Attorney General Bill Schuette and Treasurer Andy Dillon today announced that the State of Michigan has taken legal action against Countrywide Financial Corporation, its underwriters, auditor and some of its former executives and directors to recover $65 million in … Read more

OREGON FILES SECURITIES LAWSUIT AGAINST COUNTRYWIDE FOR MISLEADING FILINGS THAT CAUSED $14 MILLION IN LOSSES TO STATE

OREGON FILES SECURITIES LAWSUIT AGAINST COUNTRYWIDE FOR MISLEADING FILINGS THAT CAUSED $14 MILLION IN LOSSES TO STATE Oregon Treasurer Ted Wheeler and Attorney General John Kroger today announced a securities lawsuit against Countrywide Financial Corp. to recover losses to the state pension and workers’ compensation funds caused by false statements that improperly inflated the prices … Read more

In Response to Florida House Representative George R. Moraitis, Jr. Values Your Input on Expedited Foreclosures and Goals for the Judicial System

Below are some responses to Florida House Representative George R. Moraitis, Jr. Values Your Input on Expedited Foreclosures and Goals for the Judicial System What I find the most interesting is that he processes distressed sales through his firm. So is he really concerned for the banks and their interests or his own? The original … Read more

Nationwide Title Clearing | Scientology founder’s tenets drive Pinellas title company, under fire for rapid document processing

Scientology founder’s tenets drive Pinellas title company, under fire for rapid document processing By Susan Taylor Martin, Joe Childs and Thomas C. Tobin, Times Staff Writers In 2009, a low-profile Pinellas County company drew unwelcome attention in a growing national controversy over home foreclosures. Employees of Nationwide Title Clearing, a leading processor of mortgage-related documents … Read more

WELLS FARGO BANK, N.A., v. SANDRA A. FORD | NJ APPELLATE DIVISION Reverses Foreclosure Due to Lack of Standing

Below is a well thought out decision by the SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION. The court decided that Wells Fargo lacked standing to foreclose. Some excerpts from the opinion… (Emphasis added by 4F) WELLS FARGO BANK, N.A., as Trustee, Plaintiff-Respondent, v. SANDRA A. FORD, Defendant-Appellant. This appeal presents significant issues regarding the evidence … Read more

Judge Blasts Florida Default Law Group for Wasting the Court’s Time

UPDATE: The Order posted earlier was the the result from Mike Wasylik’s motion. Below is his commentary… Judge Blasts Florida Default Law Group for Wasting the Court’s Time by Mike on January 28, 2011 Here’s a great way to end a Friday: I just got an order in one of my cases throwing the case … Read more

NY Times | A Bank Crisis Whodunit, With Laughs and Tears

“Countrywide was one of the greatest companies in the history of this country,” Mr. Mozilo maintained, “and probably made more difference to society, to the integrity of our society, than any company in the history of America.” ~ A Bank Crisis Whodunit, With Laughs and Tears By GRETCHEN MORGENSON TRULY startling revelations were few in … Read more

Must View Video | Bank Bailouts Explained and the Foreclosures Continue

Bank Bailouts Explained ~ 4closureFraud.org Tweet

Case Dismissed WITHOUT Leave to Amend | FL Rule 1.110(b) Verification of Mortgage Foreclosure Complaint

This comes in from Mark Stopa… Refusal to Verify Means Dismissal – Without Leave to Amend One of my ongoing frustrations as a foreclosure defense attorney is seeing banks and their lawyers repeatedly and systematically refuse to comply with basic rules of procedure and/or Florida law.  One common example is their repeated refusal to verify … Read more

Fraudclosure | WSJ – DOJ Investigating Violations Of Military Lending Protections

DOJ Investigating Violations Of Military Lending Protections NEW YORK (Dow Jones)–The U.S. Attorney General has “several” ongoing investigations into violations of a law meant to protect active-duty members of the military from high interest rates and foreclosures. A spokeswoman for the Department of Justice said in an emailed statement that the investigations are looking into … Read more

In re: Tiffany M. Kritharakis | False Documents – US Investigates Deutsche Bank in Foreclosure Case

US investigates Deutsche Bank in foreclosure case * Allegations Deutsche Bank filed false documents * Inquiry could affect foreclosures across United States * Testimony demanded from Deutsche Bank officials By Scot J. Paltrow NEW YORK, Jan 28 (Reuters) – A branch of the U.S. Department of Justice is investigating whether Deutsche Bank (DBKGn.DE) filed false … Read more

Floriduh | Only 1% Helped Statewide in Foreclosure Mediation Program

Only 1% helped statewide in foreclosure mediation program TAMPA – It was supposed to help clear the courts of foreclosures and help people keep their homes. But the court-mandated foreclosure mediation program in Hillsborough County has only lead to four of 492 eligible cases being resolved during the program’s first four months. It’s not simply … Read more

Daily Finance | It’s Time the Bad Guys Pay for the Financial Meltdown: Bring On the Class Actions!

It’s Time the Bad Guys Pay for the Financial Meltdown: Bring On the Class Actions! By ABIGAIL FIELD The Financial Crisis Inquiry Commission’s report concludes that ineffective regulators and big banks were the primary causes of the financial meltdown. (The “dissenting” minority report frames things differently but in fact identifies many of the same causes. … Read more