KABOOM | In re: VEAL – How Long Must This Keep Going On?

False Statements American Home Mortgage Servicing DocX, LLC Lender Processing Services Sand Canyon Corporation Wells Fargo Bank, N.A. Action Date: June 12, 2011 Location: Phoenix, AZ On June 10, 2011, the U.S. Bankruptcy Appellate Panel of the Ninth Circuit issued an important and lengthy analysis of standing and real-party-in-interest issues in a foreclosure case in … Read more

Fraudclosure Transcript | In re: FELIPE ZULUETA, JR. – Judge Edward Jellen “Well, you know, the bottom line is you’re not going to get a free house.”

Free to the bank… TRANSCRIPT OF PROCEEDINGS EVIDENTIARY HEARING ON DEBTOR’S OBJECTION TO CLAIM BEFORE THE HONORABLE EDWARD D. JELLEN UNITED STATES BANKRUPTCY JUDGE From the transcript… MR. ZULUETA: I just wanted to clarify, Your Honor, if counsel is representing One West Bank or Deutsche Bank National Trust Company as trustee for the mortgage loan … Read more


From the man who brought us Bankster v. Deadbeat Debate… [youtube=http://www.youtube.com/watch?v=Cmg-41xACTA] He brings us his final piece to the series… Untangling the Foreclosure Mystery— Part 6 TO CONCLUDE HIS SERIES, MATT GARDI OFFERS NO-NONSENSE SOLUTIONS TO ENDING THE FRAUD And finally it ends with you. Not only do you need to take the time to … Read more

Bank Of America Faces New Probe; New York Attorney General Launches Investigation Into Mortgage Securitization

  Bank Of America Faces New Probe; New York Attorney General Launches Investigation Into Mortgage Securitization New York Attorney General Eric Schneiderman has targeted Bank of America, the biggest U.S. bank by assets, in a new probe that questions the validity of potentially thousands of mortgage securities and their associated foreclosures, two people familiar with … Read more

Richard Thornton | National Mortgage Fraud (Fraudclosure) Scandal Spreads to the Judiciary

  National mortgage fraud scandal spreads to the judiciary While the U. S. Department of Justice is actively prosecuting mortgage and foreclosure fraud, a national organization that helps homeowners avoid foreclosure has evidence that certain state judges appear to be protecting lawbreakers.  Billions of dollars have been received by corporations in the foreclosure industry since … Read more

KABOOM | NY Appellate Division | Bank of NY v Silverberg – MERS Does NOT Have The Right to Foreclose on a Mortgage in Default or Assign That Right to Anyone Else

Appeals Court Clarifies MERS Role in Foreclosures The ubiquitous Mortgage Electronic Registration Systems, nominal holder of millions of mortgages, does not have the right to foreclose on a mortgage in default or assign that right to anyone else if it does not hold the underlying promissory note, the Appellate Division, Second Department, ruled Friday. “This … Read more

Hawaii Toxic Titles | RE SB 651 – Fannie Mae Update on Legislative Changes Affecting Non-Judicial Foreclosures

TOXIC TOXIC TOXIC TITLES TITLES TITLES TITLES ~ You all remember when the HAWAII LEGISLATURE PASSED SB 651 RELATING TO MORTGAGE FORECLOSURES right? An owner-occupant of a residential property that is being foreclosed nonjudicially under this part may convert the action to a judicial foreclosure under the following conditions: A complaint conforming to section 667-S shall … Read more

NY Times | Two States Ask if Paperwork in Mortgage Bundling Was Complete

Two States Ask if Paperwork in Mortgage Bundling Was Complete Opening a new line of inquiry into the problems that have beset the mortgage loan process, two state attorneys general are investigating Wall Street’s bundling of these loans into securities to determine whether they were properly documented and valid. The investigation is being led by … Read more