Wells Fargo Fraudcloses on Active Duty Servicemember, Blames Ad Litem Attorney
This is how they rig the game against servicemembers… The banks pay the attorney to “defend” the servicemember, which pays very well for no or little work. A bit of a conflict of interest if you ask me… And, nothing gets resolved… Anyone had enough of this yet? Banks find it easy to skirt federal … Read more
Bank of America, Recontrust to Utah: Stick State Law Up Your Ass, but OCC Disagrees
The Market Ticker – Bank of America to Utah: Stick State Law Up Your Ass Seriously, that’s what they said: But Bank of America contends that federal banking laws, not state law, governs its conduct, and it forecloses under its own name. That will continue to be the practice of acting as its own foreclosure … Read more
HAHA | The MERS Mortgage Malaise – WACHOVIA BANK v WRIGHT v US BANK v MERS
Who’s on first? Whoopsi… Check it out, pretty comical… BANK v. WRIGHT WACHOVIA BANK, N.A., Plaintiff-Respondent, v. GREGORY WRIGHT a/k/a GREG WRIGHT, MRS. GREGORY WRIGHT, his wife, and LAKES AT LARCHMONT CONDOMINIUM ASSOCIATION, Defendants, and MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., Defendant-Appellant. No. A-1422-09T2. Superior Court of New Jersey, Appellate Division. Submitted March 2, 2011. Decided … Read more
REGISTERS O’BRIEN AND THIGPEN say “Put the BRAKES on any Settlement with the Big Banks… Registers of Deeds need to be at the table”
PRESS RELEASE May 12, 2011 FOR IMMEDIATE RELEASE: Greensboro, NC May 12, 2011 Contact: Jeff Thigpen Kevin Harvey Ph. 336-451-5300 Ph. 978-542-1724 Ph. 336-641-3239 1st. Asst. Register, Essex South, Salem MA jthigpe@co.guilford.nc.us kevin.harvey@sec.state.ma.us JOHN L. O’BRIEN, JR. JEFF L. THIGPEN Register of Deeds Register of Deeds Commonwealth of Massachucetts Guilford County, NC Phone: 978-542-1704 Phone: 336-451-5300 … Read more
Fabrications, Forgeries and Lies | Two Allonges – INGRID BERG v SAXON MORTGAGE SERVICES INC
Plaintiff argues that the allonge presented by Saxon, purporting to be the allonge transferring the note from eHome Credit Corp to Option One is a different allonge than the one presented by eHome in the bankruptcy proceedings. Indeed, the allonge that plaintiff attached to her motion to dismiss that purports to transfer the note … Read more
O’Brien & Thigpen Fraudclosure Letter to Miller, “There can be no settlement for pennies on the dollar.”
“Why the Registers of Deeds have not been involved in these negotiations is puzzling” according to O’Brien and Thigpen. “We need to bring our knowledge of the land recordation system and consumer’s problematic chain of title issues to the table.” ~ From Housingwire… Two Registers of Deeds asked Iowa Attorney General Tom Miller Friday to … Read more
FEDSPEAK Report | “A Foreclosure Crisis” ie Let’s Change the Laws to Legalize MERS
David Dayen over at FiredogLake sums this up quite nicely… The story from Housing Wire sounded pretty formal: the Federal Reserve Bank of New York was stepping up with a plan to fix the looming securitization and chain of title problems in housing, which could cost the big banks tens of billions, if not more, … Read more
Dylan Ratigan | Fraudclosure Whistleblowers Speak Out
Click Through to View Transcript >>> well, we are back following the fraud closure paper trail and it get uglier the deeper that you dig. millions of thoforeclosures could be infected with faulty paper work and federal efforts are falling short. the banks refuse to reduce payments. all this as we learn those on the … Read more
Naked Capitalism | Feds Reviewed Only 100 Foreclosure Files in Servicer Whitewash
Federal Deposit Insurance Corp. Chairman Sheila Bair said in a Senate committee hearing this week that these reviews will be a major issue. The investigation conducted by the OCC and the Fed included a review of just 100 foreclosure files. ~ Feds Reviewed Only 100 Foreclosure Files in Servicer Whitewash Not only are the authorities … Read more
NY Times | Budget Cuts Imperil Aid in Foreclosure Cases
Budget Cuts Imperil Aid in Foreclosure Cases In the large immigrant community of Jamaica, Queens, which is ground zero of New York City’s foreclosure crisis, a small squad of young lawyers fans out to local courts every day to do battle with lenders, negotiate hard-fought changes to onerous loans and provide free legal representation to … Read more
