Missouri Attorney General’s Consumer Protection Division | (We) found a good deal of fraud in the process, in the foreclosure process itself… but no one to prosecute

Missouri Foreclosure Fraud

Some Say The Entire System Is Broken

ST. LOUIS, MO (KTVI-FOX2Now.com)— All 50 state attorney’s general have been coordinating an investigation into foreclosure fraud for months. And Missouri‘s chief investigator tells Fox 2 they’ve found plenty of fraud, but no one to prosecute, and hardly any way to stop further foreclosures, even if they may be fraudulent.

“We’ve found a good deal of fraud in the process, in the foreclosure process itself, most notably with robo-signing,” said head of the Missouri Attorney General’s Consumer Protection Division Doug Ommen, referring to the process where foreclosure documents are signed blindly by people paid to forge the signatures of bank or lending company officials. “We have found fraud and we have found forgery in robo-signing and other areas.”

But before an appearance at a South Side symposium sponsored by the activist group Missourians Organizing for Reform and Empowerment (MORE), Ommen said the trail of individual mortgages is as tangled as a a trashcan full of coat hangers, and even harder to unravel. “Loans have been totally seperated from individuals and institutions,” he said. “Loans are chopped into different pieces, sold and re-sold and re-sold again, maybe 10 or 15 times. Meanwhile the original paperwork is in a warehouse somewhere and no one knows where it is.

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It’s the Great American Whitewash…

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4closureFraud.org

Comments
20 Responses to “Missouri Attorney General’s Consumer Protection Division | (We) found a good deal of fraud in the process, in the foreclosure process itself… but no one to prosecute”
  1. start watching right before the 2 minute mark link:

  2. Pamela says:

    i vote for you Master David Goodman when do you run for office?truly do you how good the people would feel if this could be pulled off.

  3. Meanwhile, the original paperwork is in a warehouse somewhere, and no one knows where it is.

    1) All houses missing their paperwork now belong to the families living in them, or the family last residing there.
    1-a) New deeds created and recorded.
    1-b) All payments made by home-buyers are paid back to said buyers. The banks’ titles were fraudulent, they were owed nothing. The money is not theirs.

    2) Every investor made whole.
    2-a) If a mortgage has been sold to three investors, than the seller pays every one of those three investors. You sold it, you buy it back!

    3) Hard time.
    3-a) Robo-signing means you do hard time.
    3-b) Lying to borrowers means you do hard time.
    3-c) Telling employees to lie means you do the biggest hard time.
    3-d) Lawyers involved do hard time, and are disbarred for life.
    3-e) Judges who ruled for fraudulent law suits do hard time, and are disbarred.
    3-f.) Politicians who collaborated do hard time, are disbarred, and cannot hold any office.
    3-g) Anyone else involved, i.e. real estate agents, appraisers, et cetera, do hard time, too.

    3-z) No one from category three can receive any welfare, disability, or other such benefits.

    All fixed!

    • Tim Bryant says:

      I agree with you, except for 2. Why should an investor be made whole? That is like saying anyone who loses money at a casino should be made whole. Investors have interfered with many homeowners trying to get modifications. They are actors in this scandal as well as all the parties you mention in 3. I have absolutely no pity for investors. Bottom line….mortgages should not be commodities traded on the market. It is a contract between a borrower and lender…period!

      I also do not understand your “3-z”. I receive a military pension due to disability. I get this because I fought to allow A-holes to make such stupid statements, and my opportunity to respond. That is a real idiotic and ignorant statement. If one of the people in category 3 put their life on the line for us, this should never be taken away. Let them face the rule of law for acts that they have done. Whether we like it or not, if they get Veteran’s benefits, they deserve to keep them.

      I am one of the most active voices against these fraudsters. There is a line to be drawn at some point.

  4. Joker says:

    http://money.cnn.com/2011/03/18/real_estate/florida_vacant_homes/index.htm
    Now, we know which county in Florida has most idiot judges

  5. a p giannini says:

    Michael williams g , new century financial corp , fraud is up too . I’m a have to start the ,new century, stagecoach financial incorp , to make up for all of this .fraud . I ow the public for this mess , but u learn as u go tho . I learned a lot from this .

  6. Tim Bryant says:

    The fact that he used the specific term “fraud” makes any settlement a nullity. It also shows that if the AGs enter into a settlement agreement, they are themselves, committing a crime.

    The AG is being disingenuious about his “no one to prosecute” statement. Having worked in federal law enforcement, there is always someone to charge in these cases. You indict the “little guy”, and have them cop a plea in exchange for information to prosecute the “bigger fish”. This is a bogus excuse to not prosecute.

    If they cannot handle these types of cases, they should be referred to DOJ (who should be doing this in the first place). The RICO laws allow you to indict organizations and groups. You do not have to charge individuals. That is how they prosecuted La Cosa Nostra and the Hells Angels.

    Either the AGs are corrupt or incompetent. Whichever the case may be, if you can’t, or don’t want to do your jobs, resign. Let a professional handle these cases.

  7. THOSE OF YOU THAT HAVE SAT BACK AND LET OTHERS DO YOUR TALKING…THOSE WHO HAVE DONE NOTHING TO FIGHT THIS CRIME…GET UP AND DO YOUR PART…QUIT THE BITCHING AND — USE THAT ENERGY FOR WHAT WE ARE FIGHTING FOR….OUR HOMES, OUR COUNTRY, AN HONEST GOVERNMENT. AMERICA NEEDS EVERYONE TO GET INTO THE ‘ ACT ‘….WE OUT NUMBER THEM BY FAR…SO LET’S ALL DO WHAT IS NECESSARY….GET INVOLVED. GET CROWDS TO GATHER AT BANKS, CAPITOL BUILDINGS, PROTEST IN THE STREETS, ANY WHERE THE BANKS AND GOVERNMENT ARE….THAT IS WHERE YOU SHOULD BE…. THIS IS TO SAVE AMERICA…OTHERWISE THE FUTURE WILL NOT BE SOMETHING YOU WILL WANT…. ARE YOU BLIND TO THAT FACT?

      • Thanks Tim…I went on that site…I hope others also pay it a visit…I clicked on Dylan…and my blood is rushing. Greenspan…that frig’n old liar…1987 – 2006 running the federal reserve……And he saw nothing wrong during that time… to old to even understand what he ate for dinner. The best way to catch a crook is to think like a crook…..and we have found a mass of them……check out the BIS Bank in Basel, Switzerland. ..it is not a bank as in banking……but elite from around the world are members of this ‘ club ‘…. its a home away from home for the elite that have money hidden in those ‘walls ‘. They meet 10 months of the year…on monthly basis….2 months skipped….a very secretive place. Anything that secretive can be up to no good….as our own government seems to be on the same track running to the evil land. Who can we trust? NO ONE. Think back…first we have mandated vaccines, an overdose of them given, with results of millions of babies and children harmed or died… vaccine court controlled by the Federal Government, Justice Dept. and the Health Dept. all saying NO LINK….but showing no proof with research documents as proof…. While this is flying high, 9/11 a horrible act of crime. The government was warned of this but did nothing. How convenient, President Bush sitting in a classroom with little kids reading a book in Sarasota, FL… Blaming others for this act of crime… than why did this government pay off millions to each family ? The two fake wars…costing hundreds of thousand lives….and while all this was happening…the banksters were busy in their pent house counting the days when the bubble would burst and the fraud foreclosures would start to do the damage to America and the World….they had sold the Notes over and over to gain the fraud money, screwing anyone and everyone who got in their way.. Tell me the government is not in on this from years back….knowing what this ‘ secret society ‘, the New World Order was planning, that too would be a damn lie. I was told to go back 5 presidents who knew of the plans.
        To many tragedies in so short of time makes one wonder if the rush to destroy the people and countries all over the world…especially to be hated that bad to destroy America……where has our government been? Busy giving more money to the criminals who have already made trillions with their crimes of fraud.

  8. This is so disgusting….fraud reeking from the closing table to and through the courts. And they claim no one is to blame? Excuse me…but authority starts at the top of every corporation…and from there it goes down the ladder. to the bottom dog who follows orders from all those above them. The practice of fraud was done in the same pattern in all the big banksters as planned..this tells everyone that in order to follow a pattern, each bank was in on the frauds….it was a ‘ blue print ‘ that they all followed to ‘ construct ‘ a massive crime to every homeowner in America to take America to ruins. Orders came from deeper ‘ societies ‘ to gain control ‘ of the world. This is not hard to understand and is not fictional…it is the facts as no arrests nor any indictments have come forth. Regardless as to who and where these orders started, the big banks still are guilty of these crimes…the CEO’s and others following below them are guilty of setting the pattern of frauds and making sure the plans went according to the ‘ blueprints ‘. Therefore, for this and that reason, for the CEO’s and others to participate in the fraudulent scam with knowledge of the crimes, proves they ARE GUILTY.
    Billions..into trillions of dollars went into the deep pockets of these criminals at the top and what amount also went to the ‘ secret society ‘ offshore…is money gained with the deliberiate act of fraud.
    For anyone to say there is no one to blame…that is a damn lie. They too, regardless who they are, are guilty of aiding and abetting the criminals. To say they found fraud, and this fraud goes alot deeper than Robo-signing and deeper than MERS…..only tells the country the cover-up that this government is involved in…Aiding and Abetting the criminals. Federal and State are guilty of this…until we see those in the financial industry arrested and put behind bars…our government..be it Federal or State…if of no value to America. They are all hidding behind the criminals.
    Proof…. take WASHINGTON MUTUAL BANK…fraud reeking everywhere…closing of the bank. The government spends time and money on an investigation, the Senate spends a year and a half asking the CEO’s and others questions of the frauds. RESULTS: GUILTY OF FRAUD…ALOT OF FRAUD. CEO’S AND THE OTHERS KNEW OF THE FRAUDS BUT DID NOTHING TO STOP IT. FRAUD MADE BIG MONEY FOR DEEP POCKETS…AND THEY WALKED AWAY…NO ARRESTS. DOES THIS NOT SAY ….’ CRIME DOES PAY ‘? DOES THIS NOT SAY OUR GOVERNMENT SHUTS THEIR EYES WHEN IN FACT..THE FRAUDS WERE RIGHT THERE IN THE OPEN TO BE SEEN BY THE GOVERNMENT…FIRSTHAND…THE EVIDENCE AND TESTIMONY…SEEN BY ALL ON TV….AND NOT A DAMN ARREST. INSTEAD THEY ALL WALKED TO ENJOY A LIFE OF LUXURY…MONEY EARNED BY FRAUD. WAKE UP AMERICA…WE NOW KNOW THE SCAM IS DEEPER THAN THE LIES….ONLY WE CAN STOP THIS CRIME….THE CRIMES THE GOVERNMENT AND THE RACKETEERS BANKSTERS HAVE TOGETHER IN A PARTNERSHIP TO RUIN AMERICA.

    • READ JOHN R’S COMMENT…THAT IN ADDITION TO MY COMMENT… SPEAKS OF WHAT IS ACTUALLY IS GOING ON WITH THE GOVERNMENT AND THE FRAUDSTER BANKS. WAKE UP AMERICA…SLAM THE E-MAILS TO ALL AND EVERYONE IN GOVERMENT..BE IN FEDERAL OR STATE…TELL THEM YOUR ANGER, TELL THEM THEIR LIES WILL NO LONGER BUY TIME….THEY HAVE ALL FAILED AMERICA…BIG TIME. WE WILL NOT ACCEPT THEIR LIES NO LONGER. CALL THEM, WRITE LETTERS…SEND TO CONGRESS /SENATE…AG’S .. NO MORE SWEET WORDS…IT IS NOW TIME TO — USE VINEGAR AND NOT SUGAR….

  9. Eugene Villarreal says:

    We need to Stop whining and START enforcing our rights to DUE PROCESS. How ? For starters, we all need to let the 50 AGs know that we will not allow the criminals(banksters, foreclosure mill attorneys, judges, government officials and also the AGs) to forfeit state rights under this agreement and with jail time for the criminals.If they’re able to find fraud but not who will benefit from the fraud, then they’re no doing their job. They become part of the fraud if they continue to reward the banks..
    Call them, email them, fax them, tell the news media.

  10. John R says:

    And hoping the average American ADD victim will finally just decide this in no longer an issue.. OR.. it’s an issue to complicated for me to understand… now starts the dumming down process. the, “see, Corporate America is flawed but those people, they didn’t make their house payment so they deserve to lose their homes” undercurrent. So the commentator says.. no “people” are responsible… but doesn’t Corporate America have “people status” in the Courts? Aren’t we supposed to be on an even playing field… and as i recall, wasn’t that right EXPRESSLY sought after, won and given to Corporate America?

    Personally, I don’t give a squat if I’m being taken advantage of by a human being OR by a Corporation. I’m still being taken advantage of… it makes no difference EXCEPT that specific laws have already HAD to be put in place to keep Corp. America FROM TAKING ADVANTAGE because they are so powerful in the first place. You know, TILA, HOEPA, RESPA, FDCPA (and many more). What, you think these laws were created because neighbor Jim was taking advantage of neighbor Joe? Oh no! The history of these laws comes DIRECTLY from past abuses of Corporate America on it’s citizens.

    Fraud is Fraud. the Law is the Law. I, for one, cannot and will not accept as a new community standard OR as a newly added “addendum” to the “Social Contract” that I and my children are so STRICTLY held to, that if you put enough lipstick on the Pig, it’s Cinderella.

    Ex Post facto not only has a meaning, it also has a past history. Why do you think “it is” in the fist place if it wasn’t a recognized form of abuse previously recognized? And not only recognized, but thought important enough to be included by the founding Father’s in the framing of the The United States Constitution.

    So, if we “the people”, through our government, can’t put the “people” in jail who’ve been complicit in this massive fraud, then the Organizations, Banks, Lenders, Servicers, Brokers and all their Attorney’s (who’ve taken an oath that all suits are properly brought before OUR courts) and everyone else who, it can be proved have contributed to this mess should recompense those who’ve suffered at the hands of the perpetrators and collaborators of this mess. If that ultimately means the suing of the perpetratorsand collaborators, and the clawing back of ALL of their profits, with the benefits of same specifically NOT going to the Government OR any of it’s agencies but to the actual victims, until these Companies and collaborators are vanished and exiled from participating in the business of Banking and Mortgaging of the properties of this Country, then so by damn be it.

    If there was ANY fraud in the origination not the fault of the homeowner…
    If there was any fraud in the representation of transfer of Mortgage or Note after the closing…
    If there was any fraud brought into the Courts as to who had what rights…
    if there was any fraud in the notification service…
    if there was ANY fraud perpetrated by the Institutions who have held us against the wall of personal accountability for these past many years with ever increasing fee’s and penalties for whatever whim they can aspire to…

    Then they (human or otherwise) need to be routed out, stripped of their assets, wealth & riches, exposed for the criminals they are and banned from this industry entirely and in perpetuity.

    And if that means the collapse of the entire financial institution of America today, then so be it. It won’t be the first time this country has faced Bankruptcy, but if this is allowed to go on, it will be the first time this county has succumbed to absolute Tyranny.

    tyr·an·ny   
    [tir-uh-nee] Show IPA
    –noun, plural -nies.
    1.
    arbitrary or unrestrained exercise of power; despotic abuse of authority.
    2.
    the government or rule of a tyrant or absolute ruler.
    3.
    a state ruled by a tyrant or absolute ruler.

  11. Pamela says:

    Evidently this is too much for thier addlepated brains to comprehend ,you can find the fraud but nobody to prosecute .Wow I’m totaly speechless.Exactly who put these idiot sticks in charge?

  12. Fury says:

    Anonymous can help all of our state attorney generals
    by telling them exactly who the crooks are who have stolen our homes.
    they sound really committed.

    in their recent interview, they spoke of other banking whistle blowers coming forward and giving them evidence of the wide scale fraud.

    i can hardly wait for their next doc drop.

  13. losing my home in florida says:

    help i need a florida foreclosure lawyer i do not want to lose myhome and wells fargo is comitting fraud

    • Losing my home…Have you tried Legal Aid for an attorney…or at least get some info to help you? Everyone is in the same ‘ boat ‘ trying to stay afloat. If you are not well informed as to what to look for in your mortgage…(fraud) only an attorney can help you, one who understands the fraud and ‘ gets it ‘. We can’t give legal advice, just advice to direct you to someone who can help…so call your Legal Aid office near you and set up an appointment. Do it now…today.

  14. Capt. Jack says:

    I can help you find the fraud Mr. Attorney General Man.

    Look in the mirror. You ball washers will have your day.

  15. l vent says:

    This is a disgrace. Have we now become a nation of cowards? DO NOT STAND FOR THIS AMERICA. WE THE PEOPLE owe no allegiance to the UN/NWO. TELL THAT TO THE AG’s and WAHINGTON. GOD BLESS AMERICA. THE JIG IS UP, the people know the truth about the TREASON..GET YOUR GUNS READY. THE UN/NEW WORLD ORDER WANTS TO UPSURP AMERICA AND TAKE IT OVER COMPLETELY WITH THE BLESSINGS OF OUR OWN TREASONIST GOVERNMENT.

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