BofA Lawsuit to Stay in State Court | State of Arizona vs. Countrywide, Bank of America, et al

Posted by 4closureFraud on March 26, 2011 · 14 Comments 

BofA lawsuit to stay in state court AG says switch to federal level would slow its case over bank’s mortgage practices The Arizona attorney general’s lawsuit against Bank of America over alleged mortgage fraud will remain in state court. The lender had asked the case, filed in late December, be moved to federal court. State … 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

No Mortgage Lenders in Jail, but a Borrower Lands There | In Prison for Taking a Liar Loan

Posted by 4closureFraud on March 26, 2011 · 8 Comments 

In Prison for Taking a Liar Loan A few weeks ago, when the Justice Department decided not to prosecute Angelo Mozilo, the former chief executive of Countrywide, I wrote a column lamenting the fact that none of the big fish were likely to go to prison for their roles in the financial crisis. Soon after … 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

Fisher and Shapiro Fraudclosures | Judge Suspends 1,700 Foreclosure Actions After Law Firm Admits Affidavits Were Changed

Posted by 4closureFraud on March 26, 2011 · 20 Comments 

Altered documents halt some Cook County foreclosures Judge suspends 1,700 actions after law firm admits affidavits were changed March 25, 2011|By Mary Ellen Podmolik, Tribune reporter A Cook County Circuit Court judge has taken the unusual step of temporarily halting at least 1,700 mortgage foreclosures after a law firm told the court that the cases … 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