Florida Clergy, Faith Leaders Tell AG Bondi: Stop Siding with Wall Street Banks
Florida Clergy, Faith Leaders Tell AG Bondi: Stop Siding with Wall Street Banks This morning, a group of 75 clergy, faith leaders, and homeowners from five counties across Florida converged on the state Capitol in Tallahassee to hold a prayer vigil outside the office of Attorney General Pam Bondi, to urge her to stop siding … Read more
Justice Department Settles with Bank of America and Saxon Mortgage for Illegally Foreclosing on Servicemembers
Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, May 26, 2011 Justice Department Settles with Bank of America and Saxon Mortgage for Illegally Foreclosing on Servicemembers Settlement Includes a Minimum of $22 Million in Relief for Victims WASHINGTON – The Justice Department today announced settlements with two lenders under the Servicemembers Civil … Read more
Fraudclosure | Servicers Charging Over $2,700 for “Property Inspections” that Cost Just $9.60 a Pop
Mortgage servicer abuse facing state, fed probes On Wednesday, consumer defense attorney Linda Tirelli added another outrageous example of mortgage servicer misbehavior to her growing file of hundreds of such abuses against New York homeowners. The overcharging by a servicer — which manages mortgages day-to-day for lenders — to bill a homeowner in foreclosure over … Read more
AWESOME | Sarah Palin, Meet Linda Green (And MERS): Was Palin’s New Home Purchase Preceded By A “Robosigned” (And Fraudulent) Title Release
Now this is priceless… Sarah Palin, Meet Linda Green (And MERS): Was Palin’s New Home Purchase Preceded By A “Robosigned” (And Fraudulent) Title Release Yesterday we reported that Sarah Palin has just purchased a new property in North Scottsdale, AZ for $1.75 million. We further speculated that there may have been some fishyness with regard … Read more
Linda Green (LPS) (DOCX) | “This is a catastrophe of epic proportions.” (Video)
Click Through to View ~ Hank Investigates: Mortgage Documents Tonight — an exclusive investigation — if you’ve ever bought or sold a home…you need to hear this. Hank found a signature buried deep in your mortgage documents could be a ticking time bomb for thousands of Massachusetts homeowners. For those in foreclosure: it could be … Read more
Rep. Elijah E. Cummings Seeks Bank Subpoenas on Fraudclosure Crisis
Cummings seeks bank subpoenas on foreclosure crisis Baltimore Rep. Elijah E. Cummings on Wednesday requested that the House Oversight Committee issue subpoenas to six banks he said have refused to voluntarily provide documents detailing their role in the mortgage foreclosure meltdown. Cummings, the top-ranking Democrat on the committee who has made the foreclosure issue a … Read more
Foreclosure Contractors Face New Scrutiny From States
Foreclosure Contractors Face New Scrutiny From States by Marian Wang ProPublica While federal and state officials investigating flawed foreclosures [1] have largely focused on holding the banks accountable and bringing relief to wronged homeowners, officials in a few states have begun targeting the more obscure middlemen of the foreclosure scandal. Prosecutors in California and Illinois … Read more
ALERT | Rhode Island Secretary of State: Electronic Appearance of Notaries do not comply with state laws
Rhode Island Secretary of State: Electronic Appearance of Notaries do not comply with state laws http://sos.ri.gov/business/notary/ Following is the ALERT: Please be advised that pursuant to state law, all Notary Publics authorized to by his Excellency the Governor, may exercise said powers “within this state”. An individual completing an acknowledgment must do so “before” a … Read more
Streaming Broadcast – Banking and Financial Services Committee Hearing Testimony from Bill Hultman, Mortgage Electronic Registration Systems
Michigan… Watch streaming testimony on non-judicial foreclosures and more from Bill Hultman (MERS) by clicking here… Worth watching all the way through. ~ 4closureFraud.org Tweet
ReCONtrust | Utah Has Had Enough: BofA / CFC Foreclosures
The Market Ticker – Utah Has Had Enough: BofA / CFC Foreclosures It appears that Utah has had enough: ReconTrust Co. isn’t meeting requirements for carrying out foreclosures in the state, Utah Attorney General Mark Shurtleff said in a letter to Bank of America Chief Executive Officer Brian Moynihan. The letter, dated May 19, … Read more
Mish Is Again Off The Rails (Foreclosuregate)
The Market Ticker – Mish Is Again Off The Rails (Foreclosuregate) Sigh….. State attorneys general are not happy with a $5 billion offer by major banks to settle lawsuits regarding robo-foreclosures and other alleged grievances. Some officials want as much as $20 billion. The compromise threat is on the high end. He then goes … Read more
Hoorah for Hooker | Hooker v Bank of America, MERS – “The MERS system greatly increased the number of investors stuck with worthless notes.”
Hooker vs MERS / Bank of America Note: MERS is a defendant, not a plaintiff in this case. “While I recognize that plaintiffs have failed to make any payments on the note since September 2009, that failure does not permit defendants to violate Oregon law regulating non-judicial foreclosure. .. A party conducting a non-judicial foreclosure must demonstrate … Read more
