Case Unsealed | IRVING H. PICARD, Trustee for the Liquidation of Bernard L. Madoff Investment Securities LLC, Plaintiff, v. JPMORGAN CHASE & CO., JPMORGAN CHASE BANK, N.A., J.P. MORGAN SECURITIES LLC, and J.P. MORGAN SECURITIES LTD

Posted by 4closureFraud on February 4, 2011 · 7 Comments 

IRVING H. PICARD, Trustee for the Liquidation of Bernard L. Madoff Investment Securities LLC, Plaintiff, v. JPMORGAN CHASE & CO., JPMORGAN CHASE BANK, N.A., J.P. MORGAN SECURITIES LLC, and J.P. MORGAN SECURITIES LTD ~ 4closureFraud.org Tweet

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

Learning To Walk: Fear, Shame And Your Underwater Mortgage

Posted by 4closureFraud on February 4, 2011 · 5 Comments 

Learning To Walk: Fear, Shame And Your Underwater Mortgage WASHINGTON — Nearly one in every four homeowners across the country owe more on their home than it’s worth. Once a month, those 10.8 million are faced with a question that cuts to the core of the American Dream and offers a confusing collision between a … Read more

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

Video | Welcome to the Consumer Financial Protection Bureau (CFPB)

Posted by 4closureFraud on February 4, 2011 · 7 Comments 

Welcome to the Consumer Financial Protection Bureau (CFPB) http://www.ConsumerFinance.gov A quick video introduction to the Consumer Financial Protection Bureau (CFPB). The central mission of the CFPB is to make markets for consumer financial products and services work for Americans—whether they are applying for a mortgage, choosing among credit cards, or using any number of other … Read more

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

Dems: Obama Broke Pledge to Force Banks to Help Homeowners

Posted by 4closureFraud on February 4, 2011 · 9 Comments 

Dems: Obama Broke Pledge to Force Banks to Help Homeowners by Paul Kiel and Olga Pierce ProPublica, Feb. 4, 2011 Before he took office, President Obama repeatedly promised voters and Democrats in Congress that he’d fight for changes to bankruptcy laws to help homeowners—a tough approach that would force banks to modify mortgages. “I will … Read more

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

MILITARY FORECLOSURE RATE UP 32% OVER 2008 | 20,000 Servicemembers, Veterans Lost their Homes in 2010

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

20,000 military members, vets faced foreclosure in 2010 By Gregg Zoroya, USA TODAY More than 20,000 veterans, active-duty troops and reservists who took out special government-backed mortgages lost their homes last year — the highest number since 2003. The rate of foreclosure filings in 2010 among 163 Zip codes located near military bases rose 32% … 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