Flush The AGs: 27 Pages Of Fluff
The Market Ticker – Flush The AGs: 27 Pages Of Fluff The 27-page fluff-piece is now out where we can see it…. Let’s be blunt: There’s no “there” there. The entire document is a rehash of what servicers had a legal mandate to do right up front. Accurately apply payments. Respond to inquiries. Operate in … Read more
SEC 8K Report | DJSP Enterprises, Inc.’s (the “Company’s”) primary customer, the Law Offices of David J. Stern, P.A., has announced that it will be ceasing the practice of law with respect to all pending foreclosure matters in the State of Florida as of March 31, 2011
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) March 7, 2011 DJSP ENTERPRISES, INC. (Exact Name of Registrant as Specified in Its Charter) British Virgin Islands 001-34149 98-0667099 (State or other jurisdiction of incorporation) (Commission … Read more
Contrary to Popular Belief, America Is Not Broke
Michael Moore America Is Not Broke I have nothing more than a high school degree. But back when I was in school, every student had to take one semester of economics in order to graduate. And here’s what I learned: Money doesn’t grow on trees. It grows when we make things. It grows when we … Read more
50 State Attorney General 27 Page “Settlement” on Fraudclosures
50 State Attorney General 27 Page Settlement on Fraudclosures Would love to hear everyone’s comments but from the way I see it, without CRIMINAL INDICTMENTS, there is no settlement. Take a look at what they have done to the children of this nation. And they don’t even address MERS. ~ 4closureFraud.org Tweet
Daily Finance | The Mortgage Mess Settlement Proposal: Off to an Awful Start
The Mortgage Mess Settlement Proposal: Off to an Awful Start By ABIGAIL FIELD Over the weekend, Bloomberg, The New York Times and The Wall Street Journal reported on a proposal for a partial settlement of the mortgage mess offered by a group of state attorneys general and federal regulators. The document apparently addresses mortgage servicing, … Read more
Backgrounder: A Closer Look at MERS, the Industry’s Controversial Mortgage Clearinghouse
Backgrounder: A Closer Look at MERS, the Industry’s Controversial Mortgage Clearinghouse by Marian Wang ProPublica, March 7, 2011 As we’ve noted [1] in several posts, one player that has been featured in the foreclosure scandal and is currently under federal investigation is the Mortgage Electronic Registration System, or MERS. Despite the fact that MERS keeps … Read more
100,000 Cases | “I Quit” Letter from David J. Stern to Chief Judge “We no longer have the financial or personal resources to continue to file the motions to withdraw”
Letter from David J. Stern to Chief Judge ~ 4closureFraud.org Tweet
Why the Rally in Tally? | (Elimination of Separation of Powers?) Amendment Would Give Legislature Rules Oversight
How terrifying is this? Last year when the Supreme Court passed the verification of foreclosure complaints and mediation rules, the legislator was furious. Now, it looks like they want to eliminate the courts from ever doing something like that again. Get on the bus. Get to Tallahassee! We don’t need the politicians making the court’s … Read more
Bus Schedule | March 9, 2011: Second Annual Freedom Ride & Rally in Tally for Combatants of Illegal Foreclosures
Bring evidence of fraud, pillow, cooler, drinks & snacks, change of clothing, toiletries, sunscreen, hat, your protest signs, $30 roundtrip for the bus if you haven’t pre-registered, money for meals. You may leave items on the bus during the day, but the buses will be parked off site & inaccessible. Call your legislators & elected … Read more
William Black | The Unanticipated Consequences of MERS
“MERS’ members, therefore, had overwhelming incentives to engage in foreclosure fraud. The loans they were seeking to foreclose on often lacked essential documentation and were induced by defrauding the borrower. They had no legal right to foreclose, but that result was unacceptable to the senior officers controlling the loan servicers. They insisted on results, and … Read more
60 Minutes | Homeless Children: The Hard Times Generation
Click Through to View Click the above image to view a must see report… Homeless children: the hard times generation Scott Pelley reports on the growing number of children who are falling victim to the financial crisis (CBS News)Unemployment improved a bit last month but it is still nearly nine percent and the trouble is … Read more
