Florida House Representative George R. Moraitis, Jr. Values Your Input on Expedited Foreclosures and Goals for the Judicial System
Below is an email that was forwarded to me from Florida House Representative George R. Moraitis, Jr. It seems that he is more concerned that our judiciary become an auction house instead of a place where constitutional rights and due process of law is upheld. He suggests “expediting cases in which there are no legitimate … Read more
NAMB, National Association of Mortgage Brokers Asks Fed for 12 Month Delay in Reg Z Changes
The National Association of Mortgage Brokers recently sent a letter to the Federal Reserve asking for a 12-month delay in enforcing changes to Regulation Z and for further clarification to loan originator compensation. These changes, to protect borrowers, must be complied with by April 2011. From the letter… The National Association of Mortgage Brokers (“NAMB”) … Read more
Foreclosure Mills Pocketed $50M From Fannie, Freddie
Foreclosure Mills Pocketed $50M From Fannie, Freddie — By Andy Kroll In late November, as the Foreclosure-gate scandal spread throughout the country, Rep. Randy Neugebauer (R-Tex.) demanded to know how much money Fannie Mae and Freddie Mac, the wounded quasi-government housing corporations, had paid to multiple sleazy law firms at the heart of the foreclosure … Read more
The Financial Crisis Inquiry Report Official Government Edition
THE FINANCIAL CRISIS INQUIRY REPORT http://www.fcic.gov/watch http://www.fcic.gov/report ~ 4closureFraud.org Tweet
Daily Finance | Foreclosure Document Fraud Drives Notaries to Take the Fifth
Foreclosure Document Fraud Drives Notaries to Take the Fifth Among the many legal problems now being discovered with the foreclosure documents that banks have been using are false notarizations. The most typical variety of this problem occurs when a notary certifies that the person whose signature appears on a document really did sign it, even … Read more
