Florida Court System Facing $72.3 Million Deficit Due to Shortfall in Foreclosure Filing Fees

Posted by 4closureFraud on March 21, 2011 · 18 Comments 

Maybe if the courts sanctioned the Foreclosure Mills and their clients for causing this mess they wouldn’t be broke… Guess they rather charge the tax payers for the chaos these law firms caused instead… Florida court system facing $72.3 million deficit TALLAHASSEE, Fla. — Florida’s court system has frozen hiring and is bracing for possible … 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

Excellent Multimedia Report on Florida’s Foreclosure Crisis

Posted by 4closureFraud on March 21, 2011 · 5 Comments 

Click on Image to Check it Out TampaBay.com has put together an excellent multimedia report on the foreclosure crisis in Florida. They have compiled reports, stories and video on the crisis. There are video interviews with Matt Weidner, Gerald Richman, Judge Grady and more. I highly suggest checking out all the links, read all the … 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

Hurry, Quick! Let’s Get those Deadbeats Out of their Houses So the Economy Can Recover

Posted by 4closureFraud on March 21, 2011 · 17 Comments 

Or not… Once again I ask the simplest of questions… Would you rather have the “deadbeats” in the home maintaining them? Or would you rather have them out on the streets while the home they were tossed out of deteriorates, gets stripped and vandalized? The reason these homes are vacant is because the banks are … 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

Bloomberg | Fed Must Release Loan Data as High Court Rejects Appeal

Posted by 4closureFraud on March 21, 2011 · 15 Comments 

Fed Must Release Loan Data as High Court Rejects Appeal The Federal Reserve will disclose details of emergency loans it made to banks in 2008, after the U.S. Supreme Court rejected an industry appeal that aimed to shield the records from public view. The justices today left intact a court order that gives the Fed … 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

Rocket Docket | ACLU Looking Critically at Lee, Other Counties that Expedite Foreclosures

Posted by 4closureFraud on March 21, 2011 · 6 Comments 

ACLU looking critically at Lee, other counties that expedite foreclosures FORT MYERS — The modern foreclosure case resembles a jigsaw puzzle with a few pieces missing: The picture may come through when put together, but it’s incomplete. With most local foreclosures cases, the picture is clear enough — the homeowner fell behind on the mortgage, … 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

Pastor, Family Arrested After Refusing to Leave Foreclosed Church

Posted by 4closureFraud on March 21, 2011 · 12 Comments 

Pastor, family arrested after refusing to leave foreclosed church Sheriff’s deputies led a pastor out of his Richmond church in handcuffs Thursday afternoon after he refused to obey a court-ordered eviction notice. Pastor Sidney Keys, his wife Patrice and his elderly mother all went to jail from the Bible Way Apostolic Church at 201 Macdonald … 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

New MERS Manuals (Drafts) | They Are Changing Procedures, Some Good & Many Bad

Posted by 4closureFraud on March 21, 2011 · 5 Comments 

Got my hands on the latest draft revisions of the MERS manuals . The manuals show all changes that are being made. It sure is quite interesting to see this work in progress. I highly suggest dissecting the areas that are changing (in red) and then take a step back to consider why. It may … 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

New Jersey Agreements & Stipulation With Banks on Foreclosure Practices

Posted by 4closureFraud on March 21, 2011 · 6 Comments 

Recommendation Letter RE In the Matter of Residential Mortgage Foreclosure Pleading and Document Irregularities (FELONIES) Recommended Stipulations RE In the Matter of Residential Mortgage Foreclosure Pleading and Document Irregularities (FELONIES) ~ 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