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 Palm Beach county or join us on the web at http://www.jammin1420.com/ and click on the listen … Read more

Gregory M. Lemelson On the Ethics of Mortgage Loan Default

On the ethics of mortgage loan default Republished with the authors consent. Is it ethical for the American homeowner whose mortgage has been securitized to default, even If they are not financially distressed?First, consider it is unlikely that marketable, fee simple, insurable title can be obtained as a result of fulfilling the obligations of the … Read more

End of Times? | State AG’s Oppose “Paltry” Settlement Over Robo-signed Affidavits

Can it be? Is this true? Please, somebody pinch me… Are the Ag’s standing up for the people and demanding a stronger settlement over Robo-signed affidavits? Are they agreeing that the settlement unfairly forces class members to release any claims… Well, it appears they are… From the report… State AGs oppose settlement A group of … Read more

BRYLLAW LITIGATION: AURORA WITHDRAWS FORECLOSURE-RELATED LAWSUIT AFTER HOMEOWNER COUNTERCLAIMS BASED ON MERS AND DEFECTIVE SECURITIZATION

BRYLLAW LITIGATION: AURORA WITHDRAWS FORECLOSURE-RELATED LAWSUIT AFTER HOMEOWNER COUNTERCLAIMS BASED ON MERS AND DEFECTIVE SECURITIZATION Aurora has non-suited (withdrawn) its suit against a Virginia homeowner after the homeowner counterclaimed against Aurora based on Aurora’s position as a Servicer, the MERS nature of the loan, and the defective securitization of the loan.  We argued, on behalf … Read more

More on Deadbeat Bank w/ Video | Bank of America Pays Debt Instead of Losing furniture

Click Through to View ~ Bank of America pays debt instead of losing furniture Two Collier County sheriff’s deputies and a creditor’s attorney arrived this morning at the Naples business, ready to start hauling away furniture to satisfy an unpaid debt. After meeting with the deputies for about an hour, the debtor finally cut a … Read more

Deadbeat | Bank of America Refuses to Pay Bill, Gets Served with Writ, Sheriffs Arrive to Seize Property and Cash

Bank of America cuts check for Estates couple in mistaken foreclosure case NAPLES — When Bank of America tried to foreclose on Warren and Maureen Nyerges’ fully-paid, Golden Gate Estates home last year, it was a mistake. When the couple’s attorney arrived at a Bank of America branch Friday morning with deputies, a moving company … Read more

This is a Stick Up | Fired Banker Straps A Bomb To Himself And Holds Up Bank

Fired Banker Straps A Bomb To Himself And Holds Up Bank For Three Hours A 23-year-old who had been sacked by a bank in the UK went back to the bank and threatened to blow up it up with a bomb he had strapped to his body. The former bank worker walked into the Co-op … Read more

FORTUNE: Abigail Field Bombshell | At Bank of America, more incomplete mortgage docs raise more questions

Wait til she figures out the notes are FAKES in many cases… ~ “None of the 104 Countrywide loans were endorsed by Countrywide – they included only the original borrower’s signature. Two-thirds of the loans made by other banks also lacked bank endorsements. The other third were endorsed either directly on the note or on … Read more

Ally Bank (GMAC) Conspiracy to Defraud the US Government Now Considered “Significant Deficiencies”, Not Criminal Acts

From the Salt Lake Tribune. Fed and FDIC send letter to Ally about “significant deficiencies in its foreclosure practices”. These deficiencies include submitting “bogus legal documents for bankruptcies and other court actions”. Once again, the government allows Wall Street to commit federal crimes with impunity…. ~ Feds to Ally Bank: Shore up foreclosure practices Federal … Read more

Letter to FHA | Mortgage Bankers Association wants to use E-signatures on Home Loans

The next generation of fraud is near. Let’s digitally falsify documents using the borrower’s own “signature”. Nothing good can come of this… But, at the very least, they would like any questions or responses to be addressed… “We look forward to working with you on this very important issue. Any questions or response should be … Read more

Snakes Foreclosing on Snakes | Oh, Serpents! Thought You Said it had Servants

Foreclosing on a Bunch of Snakes They say there are snake pits on Wall Street. Chase has learned there are snake pits on Main Street too. Last year, the J.P. Morgan Chase banking unit foreclosed on a home near Rexburg, Idaho, that is infested with garter snakes. They slide through the yard, the crawl space, … Read more

TIME Magazine | Not Everybody in Foreclosure is a Deadbeat

Who You Calling a Deadbeat? Turns out that all mortgage defaulters are not created equal. People who have had their homes foreclosed on are typically portrayed either as budgeting dimwits or craven opportunists who just want to freeload off their hardworking neighbors. A new study from credit reporting bureau TransUnion dispels both of those stereotypes. … Read more

Audio from Mers Oregon Fraudclosure “FIX” Hearings and Public Request on Dash-7 Amendment “FIX” to Senate bill 519

06/01/11 Hearing Click here: http://www.leg.state.or.us/committees/ Go to HOUSE JUDICIARY Go to MEDIA – ARCHIVED AUDIO Or just click on the date here to play –> 06/01/2011 06/01/11 Hearing on Senate bill 519 & the amendment (dash-7) starts at minute 3:45 and listen until minute 10:30 AND Even Better… 05/26/11 Hearing where the Lobbyists spew their … Read more

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