Matt Gardi | Key West News – Untangling the Foreclosure Mystery

From the man who brought us Bankster v. Deadbeat Debate…

[youtube=http://www.youtube.com/watch?v=Cmg-41xACTA]

Now he sends this…

Greetings from Key West.  Great jobs you folks are doing, keep up the fine fight.  Key West the Newspaper has given me the chance to do a multi part expose in their weekly.  Here is the link to the first article.

http://www.kwtnblue.com/2011/05/untangling-the-foreclosure-mystery/#more-3778

Keep up the fight.

Matt

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Untangling the Foreclosure Mystery

OR HOW THE DOG ATE MY MORTGAGE ASSIGNMENT

Guest Commentary by Matt Gardi

How is it that so often I am reading a news article and find myself pleading with the reporter to ask the next question?

So often it seems reporters will just leave the story with one major disconnect that could put all the pieces of the puzzle together. That was the case again recently with an article regarding foreclosure in the Sunday Citizen. The worst part about it is that the story was just starting to scrape the surface of what very few journalists have been able to expound upon.

Granted, the reporter may have been limited by the confines of column inches, or the directive of editors telling him to be concise, but why can’t reporters just dig a smidgen deeper versus regurgitating the same old rhetoric about foreclosures that’s passed around the AP wire?

Fortunately, it’s why everyone should, and I do, love Key West the Newspaper. They are concerned about the truth, and making sure you know it. To that end they have provided me the opportunity, in a forthcoming series of articles, to provide an explanation of how it all ties together. In the next few weeks I hope to enlighten you on how bank fraud, your property values, everyone’s due process, our tax base, robosigning, court budgets, banks, Pam Bondi, the Florida Bar, real estate agents, overwhelmed judges, and market confidence all twist together like one large screw applied firmly to a certain part of your posterior anatomy— regardless of whether you are a homeowner, a pensioner, a taxpayer, or just someone who breaths oxygen—trust me you’re feeling it.

Be sure to check out the rest here…

And leave a comment on the original story so the editors will see these types of stories have much interest…

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4closureFraud.org

Comments
10 Responses to “Matt Gardi | Key West News – Untangling the Foreclosure Mystery”
  1. fighting mad, mad as hell says:

    Wisconsin and Michigan are being raped by their own governors. The claim that the states are broke and Emergency Financial Mangers with unlimited powers are absolutely necessary is a total lie and a fraud. THEY CREATED THE MEANS AND THE ENTITY THAT IS BANKRUPTING THE COUNTRY! WHY WON’T ANYBODY STOP THEM?

    It was MERS INC, BACKED BY THE BANKS that stole the trillion dollars that crashed the whole economy and depleted the states treasuries. All the red ink is flowing from the missing fees that should have been paid if MERS hadn’t intercepted the funds first.
    The banks played the shell game with the mortgages, selling and assigning mortgages faster than corn can pop, but never paying for EACH AND EVERY NEW TRANSACTION.
    I think it’s so special when MERS writes it’s own laws to clear all the fraud they have done.
    They gave themselves the power to foreclose and provide the bulletproof jacket to legitamize their claims to being the MOM the permanent mortgagee, no matter how many times the property was sold only one transaction would be recorded.
    It’s such a sweet deal, to do wrong and then fix it so that your business is within the law after breaking the law.
    Billions of dollars lost each day thru MERS and the states don’t sue?
    All they have to do is get MERS to pay back the money they owe for the past 10 years and the recession and the housing bust would be over with overnight.
    SUE THE BASTARDS!

    • fighting mad, mad as hell says:

      ALL THE FUNDS FOR CITY, COUNTY AND STATE services come from filing fees, fines property taxes. The school districts get their money from the property taxes, if there are no home owners, there are no funds left! MERS caused the loss of property owners thru foreclosures!
      School districts get federal and state money dependent on the number of students in each school. Most homeless kids don’t get counted in school.
      So much is directly dependent on taxes from property owners. If you remove huge numbers of homeowners, who is left to pay all the taxes?
      Right. NOBODY.

    • MARIO KENNY says:

      Well if after all these years they did not get it, I am doubtful they will anytime soon, so I think I support a dis-solution of the broken system, so then we can work to rebuild it, the problem would be that the re-builders will be the same people who broke the system in the first place.

      I mean just look at the history and you will see that it has a very strange way of repeatability, which goes round and round, no problem, those of us who may or think we know know can tell those who may or not know, does that make any common sense?.

  2. l vent says:

    Bottom line. There were NO PROTECTIONS for the borrower. Who would have imagined that an FDIC INSURED BANK would have been INTENTIONALLY setting WE, the borrowers up to fail. Who would have imagined that these banks or mortgage brokers all backed by, we thought, the U.S. GOVERNMENT with FANNIE MAE AND FREDDIE MAC, would intentionally begiving LIARS LOANS and bundling up a few GOOD SPECULATIONS AND alot of SURE TO FAIL BAD SPECULATIONS and getting the AAA GOLD STANDARD RATINGS FROM THE RATINGS AGENCIES AND SELLING THAT AAA RATED SPECULATION AS MORTGAGE BACKED SECURITIES TO POLICEMENS AND FIREMANS PENSION FUNDS AND other investment funds AND THEN TAKING THAT SPECULATION OF OUR FAILURE, INSURING THAT WE WOULD ALL FAIL AND GAMBLING ON OUR FAILURE ON THEIR WALL STREET CASINO?.They really expect the American people to believe there was NO REGULATION BY THE U.S. GOVERNMENT, NO ONE DID THEIR JOB? THEY EXPECT THE AMERICAN PEOPLE TO BELIEVE THAT ALL OF THEM DROPPED THE BALL? NOT THE TITLE COMPANIES, NOT FANNIE/FREDDIE, NOT THE UNDERWRITERS, NOT GOLDMAN SAKS, NOT LEHMAN BROS., NOT AIG,NOT THE SEC, NOT THE U.S. TREASURY,NOBODY CHECKED TO SEE WHAT THEY WERE DOING? THE FBI BLEW THE WHISTLE ON THE MORTGAGE FRAUD IN 2004 AND WARNED THE U.S. GOVERNMENT OF A GIANT FINANCIAL CRISIS LOOMING BECA– USE OF THE RAMPANT MORTGAGE FRAUD. IT FELL ON DEAF EARS BY THE BUSH ADMINISTRATION ?? THEN THEY GOT THE TAX-PAYER BAILOUTS, QE 1&2 AND ALL OF THE REST. IT IS ALL A DISGRACE AND IT CLEARLY WAS INTENTIONAL.

    • l vent says:

      The media reports about the banks losing track of ownership is what is slowing down fraudclosures because of MERS and bundling of MBS’s. That is a small part of a much larger cover up, and that is not why there are millions of people in foreclosure and millions more who already have lost their homes. Those lending institutions were allowed to do whatever they wanted and the checks and balances that DID EXIST,ALL turned a blind eye to all of the rampant mortgage fraud. That is what screwed the investors and the rest of America, not people who bought homes they could not afford. People actually believe that banks screwed up that bad and accidentally gave out trillions in bad loans to people by mistake?? For the love of God if the banks are that incompetant, they should have all been shut down and put out of business a long time ago. Plain and simple, none of this should have ever happened.

  3. MARIO KENNY says:

    The fraud did not start at the closing table, rather it started with the IPO, long before we fill`d a loan application the money was in an account to finance a fraud scam, the closers were just that, closers or another back alley agent of some ignorant scammers who were cutting the same branch they sat on, they were all foreign loan-sharks, whom had acquired a keen taste for the local sardine schools, and by planned incidence only the American people were the [foddle] of unadulterated abuse by the morally ignorant few.

  4. MARIO KENNY says:

    Matt,

    Please get to the point straight off we are way too far along for trilogy, we need you to talk about the meat straight off, there is sufficient substance in the public domain to kill the “snake by the head” on the onset of any foreclosure fraud story theme, and remember to include Obama in the ruse, killing Osama will not cut it, he has to also pay the banksters as keen a visit as he did with the king of terror, do not forget this.
    Cheers

  5. Virginia says:

    Excellent! (1) Bottom-line the banks wrote more mortgages than they had assets to hold… they foreclose because they have to… there is no where to keep all these loans, (2) there was no disclosure to the borrower who had no idea his collateral, promise to pay and credit score was going to be used to bait investors in a Ponzi scheme, and (3) if the borrower had known 1 & 2 and that the appraisals were inflated – there likely would not have been a new mortgage or refinance… and certainly the borrower wouldn’t have wrapped his unsecured credit card debt into his new secured mortgage, if he had understood the consequences… but then there was no fiduciary duty between a lender and a customer – or was there?

  6. AliceN.Wunderland says:

    Love the video. Kudos to Key West the Newpaper for ‘allowing ‘ the commentary by Matt Gardi. Florida is the state that brought this all out, thanks to a few wide awake and alert citizens. I am now watching this spread across the nation like a wildfire. There has not been much mention of the effects on the citizens of my state yet but it is coming and I hope I can assist in some way to bring it to the attention of the people here in the other Washington.

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