Jackbooted Thugs? | Field Asset Services, Countrywide (BofA) Trash Out Retiree’s Home That Was Not in Foreclosure

“Pictures of his deceased wife were among the items taken. He lost everything, including his furniture and an antique wagon wheel. The incident upset him enough that he moved in with a friend.” ~ Tampa retiree says he lost belongings in foreclosure blunder TAMPA — After going out of town, an 82-year-old man returned home … Read more

OHIO Says Enough! 9 Indicted from ARGENT MORTGAGE

The high-profile mortgage company sponsored Indy Car driver – Danica Patrick. WE WERE WARNED !! Yet…No one did a thing!!! SHOCKING, STUNNING, and ACCURATE predictions are quotes from a now almost 3 year old (2008) article (linked below): “We called it early… Nobody listened,”There was blood on the streets of Cuyahoga County. But it wasn’t until there … Read more

Foreclosure Hamlet | Foreclosure Fraud for Dummies, Allonge Fabrication 101

Allonge Fabrication 101 Posted by L Depo of a Chase employee, Angela Nolan (here): 29 3   No?  Okay.  How is it determine whose person’s–or 4   which person’s signature will get on the allonge? 5        A    I believe it’s just a random process of making sure 6   you have the individuals.  There are certain titles that … Read more

Florida Governor Rick Scott Floats Huge Gimmie for Banks: Taking Foreclosures Out of the Court System

Florida Governor Floats Huge Gimmie for Banks: Taking Foreclosures Out of the Court System Florida continues to show a rather disconcerting willingness to throw its citizens’ rights under the bus to help the banks. The state created special foreclosure courts to clear up a substantial backlog, which might not have been such a bad idea … Read more

Bank Errors Continue to Cause Wrongful Foreclosures

Bank Errors Continue to Cause Wrongful Foreclosures by Paul Kiel ProPublica Four years into the foreclosure crisis, banks say they’ve made major improvements in how they handle struggling homeowners. They’ve promised, for example, not to foreclose on homeowners who are being considered for mortgage modifications. But that’s still happening. Consider the cases of Laurie Pinkerton … Read more

False Statements | Bank of America, Bank of New York Mellon, CoreLogic, CWABS, CWALT, MERS

False Statements Bank of America Bank of New York Mellon CoreLogic CWABS CWALT MERS Action Date: June 27, 2011 Location: Simi Valley, CA Who are Bank of America’s newest robo-signers? For several years, BOA turned to its subsidiary, BAC Home Loans Servicing, in Collin County, Texas, whenever mortgage assignments were needed in foreclosures. This office, … Read more

Speech by SEC Chairman Mary L. Schapiro: Remarks Before the American Securitization Forum 2011 Annual Meeting

“One of the root causes of the mortgage crisis was that many originators were not accountable for the loans they made, loosening underwriting standards and passing off the entire credit risk to investors through securitization.“ ~ Speech by SEC Chairman: Remarks Before the American Securitization Forum 2011 Annual Meeting by Chairman Mary L. Schapiro U.S. … Read more

Illinois Fines PHH Mortgage Corp $290,000 in Foreclosure Fraud Document Probe

Illinois has been on a role here the last couple of days… Illinois fines first company in foreclosure document probe Department of Financial and Professional Regulation finds evidence of ‘negligence or incompetence’ by New Jersey-based PHH Mortgage The state of Illinois said it found evidence of “negligence or incompetence” in PHH Mortgage Corp.’s foreclosure procedures and levied … Read more