Deadbeats | Las Vegas Hard Rock Casino Owners Seek to Block Feb. 7 Foreclosure Sale

Posted by 4closureFraud on February 2, 2011 · 1 Comment 

Las Vegas Hard Rock Casino Owners Seek to Block Feb. 7 Foreclosure Sale The owners of Hard Rock Hotel & Casino in Las Vegas filed a lawsuit to prevent lenders from foreclosing on the property and selling it on the courthouse steps in Manhattan on Feb. 7. Entities created by Hard Rock Hotel Holdings LLC, … 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

NY Times | Bet on Foreclosure Boom Turns Sour for Investors

Posted by 4closureFraud on February 2, 2011 · 2 Comments 

Bet on Foreclosure Boom Turns Sour for Investors David J. Stern may be the best-known beneficiary of the foreclosure boom, having made millions in recent years from evictions processed by his law firm, the largest of its kind in Florida. But when he took part of his firm public early last year, he had plenty … 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

CFPB’s Holly Petraeus Sends Letter to Largest 25 Banks on Financial Protections for Military

Posted by 4closureFraud on February 2, 2011 · 4 Comments 

Holly Petraeus Urges Top Banks to Follow Law on Military Debts Holly Petraeus, who will head an office on military issues at the new Consumer Financial Protection Bureau, called on the country’s largest banks to “comply with important legal protections for military personnel.” In a letter dated Feb. 1, Petraeus, the wife of Army Gen. … 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