NY Times | MERS? It May Have Swallowed Your Loan

Posted by 4closureFraud on March 5, 2011 · 10 Comments 

MERS gone Mainstream… MERS, the Mortgage Holder You Might Not Know MERS? It May Have Swallowed Your Loan By MICHAEL POWELL and GRETCHEN MORGENSON FOR more than a decade, the American real estate market resembled an overstuffed novel, which is to say, it was an engrossing piece of fiction. Mortgage brokers hip deep in profits … 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

I’m mad as Hell and I’m not going to take this anymore

Posted by 4closureFraud on March 5, 2011 · 90 Comments 

Mad As Hell The Federal Reserve has revealed that it expects approximately 4.25 million more foreclosure filings in the next two years, with two million plus expected in 2011 as well as in 2012. Are you going to take it anymore? ~ 4closureFraud.org Tweet

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

TD Bank Aims to Boot Boy Scouts, Files Foreclosure

Posted by 4closureFraud on March 5, 2011 · 8 Comments 

Guess who is going to the courthouse Monday morning to pull this court file? I wonder if there any “document irregularities” in this case since TD Bank “acquired” the assets of the now defunct original “lender”. Bank aims to boot Boy Scouts Forget tying knots and building campfires. The Boy Scouts need to start working … 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

Naked Capitalism | Paul Jackson Declares “Mission Accomplished”

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

Paul Jackson Declares “Mission Accomplished” Paul Jackson has posted on a decision by an Alabama trial court involving the so-called New York trust theory that we have discussed at some length on this blog. Given how banks have been taking it on the chin ever since the robo-signing scandal broke, I suppose I’d be inclined … 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