PB Post | Ben-Ezra & Katz appeals foreclosure judgment in case that got it in trouble with a judge

Ben-Ezra & Katz appeals foreclosure judgment in case that got it in trouble with a judge by Kim Miller The Fort Lauderdale law firm Ben-Ezra & Katz wants another hearing in a foreclosure case it lost earlier this month and that got its founding partner in trouble with a Miami-Dade County judge. The firm has … Read more

Torch the Fraud | 4closureFraud.org & ForeclosureHamlet.org Host a Bonfire on the Beach

Torch the Fraud Last Friday, 4closureFraud.org along with ForeclosureHamlet.org hosted a “Torch the Fraud” Bonfire on the beach. Many came to support our fight against the financial terrorists and danced around the fire all night long. There was food, fun, music,  and best of all, unity in the community. Hope you enjoy the video and … Read more

NALTEA | Restoring Integrity to the Land Title Records – A Commentary on MERS

“The effect of the uncertainty created, in large part, by the failure to properly transfer the note and security interest (by assignment of the security instrument) to the intended beneficiaries of the debt, has the potential to be devastating.” ~ NALTEA – National Association of Land Title Examiners and Abstractors Restoring Integrity to the Land … Read more

NY Times | In a Mortgage Case, a 7-Year Wait for 2 Answers

Waiting Seven Years for Two Answers By GRETCHEN MORGENSON WHEN Zella Mae Green of Georgia filed for bankruptcy to save her home from foreclosure in 2004, she and her lawyer wanted to know two things: Did she actually owe any back payments on her mortgage? And, if so, to whom? It didn’t seem like a … Read more

Fraudclosure | Attorney General Tom Miller Asked AGAIN “Are we gonna put some people in jail?” His Answer: None of Your Business

Sellout – Tom Miller ~ “I’m not gonna talk about, I really feel I shouldn’t talk about what’s gonna be in the agreement.” Video clip of Iowa Attorney General Tom Miller head of the 50 state fraudclosure investigation… Funny how he is backtracking now after his comments last December… LINK – Iowa AG Tom Miller: … Read more

BRAVO! | Acceptance Speech of Charles Ferguson, Oscar Winner of Best Documentary Feature for Inside Job

Inside Job – Oscar Winner Acceptance Speech ~ “Forgive me, I must start by pointing out that three years after our horrific financial crisis caused by massive fraud, not a single financial executive has gone to jail, and that’s wrong.” The video above is Charles Ferguson’s acceptance speech from the 2011 Academy Awards for winner … Read more

On the Air 12pm EST | 4closureFraud and Foreclosure Hamlet Live on Property Law Today WDJA 1420

Join us today at 12pm est as we go live on the air with Joann M. Hennessey, Property Law Today… RADIO SHOW Joann is the Host on Property Law Today, which airs every Sunday from 12-1pm on WDJA 1420 in the Palm Beachs. Listen on the internet at www.powertalk1420.com UPDATE: Call in number is 561-265-2121. … Read more

Michael T. Pines Anti-Foreclosure Attorney Arrested While Trying To Save Clients’ Home

Local Anti-Foreclosure Attorney Arrested After Threat Michael T. Pines Arrested While Trying To Save Clients’ La Costa Home LA COSTA, Calif. — A local attorney known for going to extreme measures to save his clients’ homes was arrested on Wednesday and an exclusive video obtained by 10News reveals the threat that led to one of … Read more

SEC Probes Citi Over Subprime Mortgage Business

SEC investigates Citi’s subprime business * SEC probes Citi over subprime mortgage business * Probe includes “ongoing inquiry” into Citi’s CDOs NEW YORK Feb 25 (Reuters) – U.S. regulators are investigating Citigroup Inc’s (C.N) subprime mortgage bond business, the bank said in a regulatory filing. The U.S. Securities and Exchange Commission and other regulators are … Read more

MERS Responds to Essex Co., Mass. Announcement | Company in (NON) Compliance with Purpose and Intent of State Recording Acts

MERS Responds to Essex Co., Mass. Announcement | Company in compliance with purpose and intent of state recording acts FOR IMMEDIATE RELEASE Contact: Karmela Lejarde 703-761-1274 Reston, Virginia Feb. 25, 2011—MERS has not received any direct legal communication regarding Mr. O’Brien’s February 22, 2011 announcement. The use of MERS is in compliance with the purpose … Read more

SunTrust Finds Problems in Foreclosures, Admits to 4,000 Counts of Perjury

Here we go with those “Document (FELONY) Irregularities” again… SunTrust Finds Problems in Foreclosures (Reuters) – SunTrust Banks Inc is refiling documents in 4,000 foreclosure cases after an internal review found problems with the bank’s home repossessions. The Atlanta-based bank said in its 2010 annual report filed with U.S. securities regulators on Friday that some … Read more

Stopa | Foreclosure Judgment AFTER Service by Publication – VACATED

Plaintiff (Wells Fargo) Attorney: Shapiro & Fishman Foreclosure Judgment after Service by Publication – VACATED All defendants, even homeowners facing foreclosure, are entitled to due process of law before their property can be taken.  (Many people even know the phrase in the constitution – “cannot be deprived of life, liberty, or property … without due process … Read more

US Congressman Cummings Launches Major Investigation of Mortgage Servicer Abuses

United States Congressman Elijah E. Cummings Ranking Member, Committee on Oversight and Government Reform http://democrats.oversight.house.gov/ 2471 Rayburn House Office Building Washington, DC 20515   FOR IMMEDIATE RELEASE February 25, 2011 Cummings Launches Major Investigation of Mortgage Servicer Abuses Ranking Member continues aggressive pursuit of foreclosure fraud (Washington, DC) – Congressman Elijah E. Cummings (MD-07), Ranking … Read more

Unsealed Complaint | Citi Tried to Pass Off Madoff Exposure – Irving Picard, Trustee for the Liquidation of Bernard L. Madoff Investment Securities LLC v Citibank and Citigroup Global Markets Limited

Citi Tried to Pass Off Madoff Exposure Citigroup Inc tried to pass on its exposure to Bernard Madoff to other banks just months before his epic fraud was revealed, the Madoff trustee said in a lawsuit accusing a second major U.S. bank of unsavory dealings with the financier. Trustee Irving Picard said red flags about … Read more

Press Release | Congresswoman Waters Troubled by Reported Foreclosure Fraud Deal

Congresswoman Waters Troubled by Reported Foreclosure Fraud Deal Reiterates Need for Servicing Standards, Raises Concerns about Settlement Figure & OCC Protecting Banks Over Borrowers Washington, Feb 25 – Congresswoman Maxine Waters (D-Calif.), a senior member of the Financial Services Committee, issued the following statement today after reports of a deal between the Obama Administration and … Read more

You Don’t Pay, You Don’t Stay? | BofA Refuses To Complete 3-Year Old Foreclosure Process

This post goes out to the “You don’t pay, you don’t stay” crowd… Would you rather have a “deadbeat” living in the home and maintaining it until the banks take possession or would you rather have people and the properties end up like the one below? Contact 13 Investigates: Foreclosed but not forgotten From the … Read more

Rocket Docket | Judges’ Words Shake Faith in Local Justice

Editorial: Judges’ words shake faith in local justice Local judges have made some disturbing comments recently regarding foreclosure cases and people fighting in court to save their homes. The comments appeared Sunday and Tuesday in stories in The News-Press about the case of Linda Bassett, who claims the bank trying to foreclose on her house … Read more

Freddie Mac’s Executive Vice President Don Bisenius Facing Possible SEC Charges

Freddie Mac exec facing possible SEC charges (Reuters) – A top Freddie Mac (FMCC.OB) executive received notice the government may file charges against him for allegedly violating securities laws in the years leading up to the housing bust, according to a regulatory filing (page 292) released on Thursday. Executive Vice President Don Bisenius received a … Read more

MBA Panel: Tread Carefully When Going After Strategic Defaulters

MBA panel: Tread carefully when going after strategic defaulters While it is no easy feat to determine if a homeowner defaulting on a mortgage is a strategic defaulter, it’s also no simple decision for servicers to decide whether to pursue a deficiency judgment against the homeowner. Panelists on a strategic default session at the Mortgage … Read more

Fannie, Freddie, FHA combined REO Inventory at Record Level

Fannie, Freddie, FHA combined REO Inventory at Record Level The combined REO (Real Estate Owned) inventory for Fannie, Freddie and the FHA increased to a record 295,307 units at the end of Q4, although REO inventory decreased slightly for both Fannie Mae and Freddie Mac in Q4 (compared to Q3). The REO inventory increased 71% … Read more