Ally’s (GMAC) New Campaign Replaces Commercials That Showed Bankers as Cheaters
You can put lipstick on a pig, but it’s still a pig… In light of the earlier post on Gmac / Ally to Evict Family Weeks After Their 6 Year Old Dies of Heart Failure, I thought I would repost some of their commercials from their new image campaign from last fall… Ally’s New Campaign Replaces … Read more
Gmac / Ally to Evict Family Weeks After Their 6 Year Old Dies of Heart Failure
“How do you hate a lawnmower? How do you hate a machine? A machine is just what it is,” Michael added. “This bank is an impersonal organization and they do what they do. They make money without regard for human life.” ~ Young Vallejo family loses a daughter and likely their home Lender rejects Rep. … Read more
Goldman Braces for Federal Subpoenas, Expects a Demand for Mortgage Documents
Goldman Braces for Federal Subpoenas Bank Expects a Demand for Mortgage Documents; Move Would Follow Senate Subcommittee’s Report Goldman Sachs Group Inc. executives expect to receive subpoenas soon from U.S. prosecutors seeking more information about the securities firm’s mortgage-related business, according to people familiar with the situation. Officials at the New York company believe the … Read more
Foxes Guarding the Hen House | Analysis: Bank-Picked Experts Take On U.S. Fraudclosure Reviews
This should provide some real results… ~ Analysis: Bank-picked experts take on U.S. foreclosure reviews WASHINGTON, May 19 (Reuters) – U.S. regulators are pinning their hopes on independent consultants picked by large U.S. banks to uncover the true depth of foreclosure misconduct seen at lenders. Regulators are close to signing off on these consultants, which … Read more
NY Times | Refusing to Give in to Eviction, Tanya Dennis Hired a Locksmith and Broke Back Into Her Home
Refusing to Give in to Eviction On Jan. 19, 63-year-old Tanya Dennis hired a locksmith and broke into her South Berkeley home. A former vice principal of Oakland’s Castlemont High School, Ms. Dennis said she wanted to resume living in her home of 27 years after foreclosure nine months earlier and eviction by Alameda County … Read more
Foreclosure Fraud | A HuffPost Scoop, Overlooked By the Mainstream Press
A HuffPost Scoop, Overlooked By the Mainstream Press Shahien Nasiripour scored a foreclosure-fraud scandal scoop for The Huffington Post on Monday, reporting that audits of the mortgage industry conducted by HUD’s inspector general found five giant banks—Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial—defrauded taxpayers and violated the False Claims Act. … Read more
Video | Matt Taibbi on Eliot Spitzer’s “They Got Away With It” Segment, Banks Could End Up Out of Business
CNN – In our “They Got Away With It” segment, Rolling Stone’s Matt Taibbi and mortgage finance analyst Joshua Rosner discuss a new probe of three major banks for their alleged role in the mortgage crisis. ~ 4closureFraud.org Tweet
Radio Show Saturday from 8 -10 am EDT with 4closureFraud.org and ForeclosureHamlet.org
We will be hosting our radio show tomorrow on WDJA 1420 from 8-10 am EDT. We are going to have some interesting updates and discuss topics emerging from the foreclosure/financial crisis. So tune in if you are local in West Palm Beach or join us on the web at http://www.jammin1420.com/ and click on the listen … Read more
John Walsh of the OCC Speaks to Financial Services Roundtable “Some Foreclosures Should NOT Have Taken Place at All”
It’s more than “some” Johnny Boy… It should of been NONE. From the speech… The enforcement actions that the federal banking agencies took against the large servicers were intended, in the first instance, to fix the very serious problems we found in foreclosure processing, and in the second to ensure that any borrowers harmed by … Read more
BAM | CA Appeals Court REVERSES Countrywide Class Action Suit Dismissal in DAVID H. LUTHER et al. v. COUNTRYWIDE FINANCIAL CORPORATION et al.
Filed 5/18/11 CERTIFIED FOR PUBLICATION IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA SECOND APPELLATE DISTRICT DIVISION FIVE DAVID H. LUTHER et al., Plaintiffs and Appellants, v. COUNTRYWIDE FINANCIAL CORPORATION et al., Defendants and Respondents. (Los Angeles County Super. Ct. No. BC380698) From Yahoo News… LOS ANGELES – An appeals court has overturned … Read more
Fee Sharing | Jacoby & Meyers Law Offices, LLP Challenges N.Y. Prohibition of Non-Lawyer Firm Ownership
Hmmm… This is interesting…. Suit Challenges N.Y. Prohibition of Non-Lawyer Firm Ownership Lawsuits filed by Jacoby & Meyers challenging state prohibitions on nonlawyers owning interests in law firms have added fuel to the debate over how to protect the interests of clients should American law firms ever be allowed to accept outside investment. In virtually … Read more
Another MERS Loss | Citibank (Mers) v Barabas Court of Appeals Indiana
CITIMORTGAGE, INC., Appellant-Intervenor/Cross-Claimaint, vs. SHANNON S. BARABAS A/K/A SHANNON ) SHEETS BARABAS, Cross-Claim Defendant, RECASA FINANCIAL GROUP, LLC, Appellee-Plaintiff/Cross-Claim Defendant, and RICK A. SANDERS, Appellee/Third-Party Defendant. APPEAL FROM THE MADISON CIRCUIT COURT The Honorable Fredrick R. Spencer, Judge Cause No. 48C01-0806-CC-593 May 17, 2011 OPINION – FOR PUBLICATION MERS loses once … Read more
Foreclosure Fight Club Atty George Babcock | Urgent Memorandum – It’s on baby
You all remember George Babcock from his last letter, right? It is disgusting and I will make sure that whoever violates his property rights is knocked out of the ring. No TKO’s will be accepted. A full fledged, right cross to the chin of the beast. I look forward to a response although I am … Read more
Mandelman | KILL BILL: Arizona Mortgage Lender’s Association Takes Credit for Killing SB 1259
Some updates on SB1259… ~ KILL BILL: Arizona Mortgage Lender’s Association Takes Credit for Killing SB 1259 Well, we know the driving force behind the terrorist attack on SB 1259 was Rep. Nancy McClain, in conjunction with Sen. Michelle Reagan, of course, without whom it would not have been possible. But, was it Nancy’s idea, … Read more
Press Advisory | May 23: CA Attorney General Kamala D. Harris Announces Major Initiative to Protect Homeowners from Mortgage Fraud
May 23: Attorney General Kamala D. Harris Announces Major Initiative to Protect Homeowners from Mortgage Fraud WHAT: Attorney General Kamala D. Harris will make a major announcement regarding criminal and civil responses to mortgage fraud. She will be joined at the announcement by Los Angeles Mayor Antonio Villaraigosa. Immediately following the announcement, representatives of the … Read more
PB Post | Fewer Judges Will Be Hearing Florida Foreclosures as State Money Runs Out
“Palm Beach County Chief Judge Peter Blanc said some cases are being temporarily canceled while Hoy, who will be the only judge dedicated full-time to foreclosures after June 30, sees how he will keep up with the increase in work.” ~ Man, that order we published is sure getting attention… ~ Fewer judges will be … Read more
LPS AMENDED CLASS ACTION COMPLAINT | CITY OF ST. CLAIR SHORES GENERAL EMPLOYEES’ RETIREMENT SYSTEM v. LENDER PROCESSING SERVICES, INC.
Below is the amended complaint against Lender Processing Services. The original complaint was posted here last November, LPS Class Action – CITY OF ST. CLAIR SHORES GENERAL EMPLOYEES’ RETIREMENT SYSTEM v. LENDER PROCESSING SERVICES, INC. Enjoy! ~ 4closureFraud.org ~ CITY OF ST. CLAIR SHORES GENERAL EMPLOYEES’ RETIREMENT SYSTEM v. LENDER PROCESSING SERVICES, INC. Tweet
BANG | How Long Before Someone Shoots?
The Market Ticker – How Long Before Someone Shoots? From Florida Statutes: 776.013 Home protection; use of deadly force; presumption of fear of death or great bodily harm.— (1) A person is presumed to have held a reasonable fear of imminent peril of death or great bodily harm to himself or herself or another when using … Read more
