Must View Video | Florida’s Fraudclosure Fighters Edwards and Clarkson Discuss Firings from Bondi’s Office

The U.S. Department of Justice has been asked to investigate the termination of two lawyers from the Florida Attorney General’s office. They had played a key role in fighting foreclosure fraud in Florida. Investigative reporter Carmel Cafiero is On the Case. ~ 4closureFraud.org Tweet

It’s a Steal | Canadian Documentary on Florida Fraudclosures, Jackbooted Thugs and Allegations of a Corrupt System

Listen to the documentary in which the Canadians can even see this for what it really is… ~ It’s a Steal (Documentary) Property ain’t cheap in Canada, but you can find a bargain in sunny Florida. And many Canadians have. Since the 2008 mortgage crisis, many have been scooping up Florida homes that have been … Read more

WSJ | Tying Health Problems to Rise in Home Foreclosures

Tying Health Problems to Rise in Home Foreclosures The threat of losing your home is stressful enough to make you ill, it stands to reason. Now two economists have measured just how unhealthy the foreclosure crisis has been in some of the hardest-hit areas of the U.S. New research by Janet Currie of Princeton University … Read more

WSJ | Bank of America to Exit Correspondent Mortgage Business

Bank of America to Exit Another Line Bank of America Corp. intends to sell its correspondent mortgage business, as the troubled lender looks to narrow its focus and bolster its financial strength, said people familiar with the situation. Employees could be notified as soon as Wednesday that the lender has decided to exit the correspondent … Read more

Case Shiller Roller Coaster Illustration – The Ups and Downs of Home Prices from 1890-2010

Inspired by the infamous roller coaster video from SpeculativeBubble.com in 2007 using Rollercoaster Tycoon 3 to illustrate the ups and downs of a century of inflation adjusted home prices. ~ 4closureFraud.org Tweet

CNN Headliner | How to rescue the housing market: Foreclosures! Experts say it’s time to push delinquent borrowers through the foreclosure process

  HOW TO RESCUE HOUSING NEW YORK (CNNMoney) — If the Obama administration really wants to save the housing market, it should speed up the foreclosure process — not prolong the inevitable, experts say. Four years into the housing crisis, the real estate market is still teetering on the edge. The Obama administration has tried … Read more

More Push Back | In 50-State Foreclosure Negotiations, Dispute Underlines Basic Questions

“We’ve been accused of being in bed with the banks. To say that to a group of people who have spent the last seven to 10 years fighting mortgage abuses day in and day out is an insult of the highest order,” said Iowa Assistant Attorney General Patrick Madigan, a longtime Miller deputy, who has … Read more

Fraud Digest | A STATEMENT ON MORTGAGE FRAUD THAT EVERY ATTORNEY GENERAL COULD ISSUE TODAY

False Statements Limited Purpose Corporate Officers Action Date: August 31, 2011 Location: TALLAHASSEE, FL A STATEMENT ON MORTGAGE FRAUD THAT EVERY ATTORNEY GENERAL COULD ISSUE TODAY There has been widespread, well-documented abuse of corporate officer titles by banks, mortgage companies and mortgage servicing companies on mortgage-related documents. Individuals who are not corporate officers have been … Read more

LPS’ Mortgage Monitor Report Shows Average Loan in Foreclosure Is Delinquent for Record 599 Days

  LPS’ Mortgage Monitor Report Shows Average Loan in Foreclosure Is Delinquent for Record 599 Days; First-Time Foreclosure Starts Near Three-Year Lows JACKSONVILLE, Fla., Aug. 30, 2011 /PRNewswire via COMTEX/ — The July Mortgage Monitor report released by Lender Processing Services, Inc. LPS -0.33% shows that foreclosure timelines continue their steady upward trend, as a … Read more

Amended Complaint | Nevada Wallops Bank of America with Sweeping Suit; Nation-wide Foreclosure Settlement in Peril

Nevada Wallops Bank of America with Sweeping Suit; Nation-wide Foreclosure Settlement in Peril by Paul Kiel ProPublica This post has been updated to reflect Bank of America’s response. The state of Nevada dramatically expanded its lawsuit against Bank of America today, turning the narrow case it filed late last year into a broadside that targets … Read more

Letter | Merkley Urges Obama to Include Mortgage Help, Energy Efficiency Programs in Jobs Agenda

Merkley Urges Obama to Include Mortgage Help, Energy Efficiency Programs in Jobs Agenda Portland, OR – Next week, President Barack Obama plans to lay out an agenda to jumpstart the American economy and create jobs.  Oregon’s Senator Jeff Merkley is urging him to use that opportunity to take aggressive action to keep families in their … Read more

Federal Housing Finance Agency Action Regarding Court Consideration of Proposed Bank of America $8.5 Billion Settlement

Federal Housing Finance Agency Action Regarding Court Consideration of Proposed Bank of America Settlement The Federal Housing Finance Agency (FHFA), in its capacity as conservator of Fannie Mae and Freddie Mac (the Enterprises), today filed an Appearance and Conditional Objection regarding the proposed settlement between Bank of America and a consortium of 22 investors being … Read more

Complaint and Exhibits | BofA Sued Over $1.75 Billion Countrywide Mortgage Pool in U.S. Bank NA v. Countrywide Home Loans Inc

BofA sued over $1.75 billion Countrywide mortgage pool NEW YORK/CHARLOTTE, North Carolina (Reuters) – Bank of America Corp was sued by the trustee of a $1.75 billion mortgage pool, which seeks to force the bank to buy back the underlying loans because of alleged misrepresentations in how they were made. The lawsuit by the banking … Read more

LIES | Bank of America Kept AIG Legal Threat Under Wraps

Exclusive: Bank of America kept AIG legal threat under wraps (Reuters) – Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion, seven months before the lawsuit was filed, according to sources familiar with the matter. Bank of … Read more

Homeowners Seek to Block Bank of America $8.5 Billion Settlement

Homeowners Seek to Block Bank of America Settlement The legal onslaught continues for Bank of America. On Tuesday, several homeowners filed suit in the Federal District Court in Manhattan seeking to block a proposed $8.5 billion settlement between Bank of America and major mortgage investors including BlackRock, Pimco and the Federal Reserve Bank of New … Read more

‘Biggest Case In Ohio F’closure Law In A Century’ Takes Unusual Turn; Homeowner’s Mtg. Debt Mysteriously Disappears; Banksters, Lawyers: ‘No Comment!’

“The Duvall case seemed like a good one for the state Supreme Court to rule on to settle the issue but it has taken an unusual twist. You might even call it another bank snafu. The homeowner, Duvall, now owes nothing on his mortgage because – in an action unrelated to the Supreme Court case … Read more

Ohio Foreclosure Case of the Century! U.S. Bank National Assoc. v. Antoine Duvall on NPR Radio

U.S. Bank National Assoc. v. Antoine Duvall on NPR Radio TO:                        SUPREME COURT JUSTICES of the STATE of OHIO FROM:                                      ALL OHIO HOMEOWNERS RE:              U.S. Bank National Assoc. v. Antoine Duvall et al.                                                      CASE Number 2011-0218        THE QUESTION:   To have STANDING, as a plaintiff, in a mortgage foreclosure action, must a party show that it … Read more

Devil’s Bargain: Wall St. & the Martin Act | Wherein BANKSTERS cry their rights to “due process” are being violated

  Devil’s bargain: Wall St. & the Martin act Business leaders are fuming over Attorney General Eric Schneiderman’s nervy use of the Martin Act, the state law that gives him super-broad powers to investigate and press charges against alleged financial fraud. For example, Schneiderman has gone after several large energy firms for allegedly over-optimistic financial … Read more

Crazy? | Judge Doubts Foreclosure Lawyer Michael Pines’ Mental State

Hmmmm, he’s probably ranting and raving about fraudclosure and fake documents recorded in the court registry and fraud upon the court and financial predators and regulatory capture and campaign contributions and sell out AGs and…. ~ Judge doubts foreclosure lawyer’s mental state Court to decide if Michael T. Pines, of North County, should undergo exam … Read more

Press Release | Nadler and NY Delegation Assail Iowa Attorney General for Excluding NY Attorney General from Mortgage Settlement Talks

Nadler and NY Delegation Assail Iowa Attorney General for Excluding NY Attorney General from Mortgage Settlement Talks FOR IMMEDIATE RELEASE: Tuesday, August 30, 2011 NEW YORK, NY – Today, Congressman Jerrold Nadler (D-NY), the ranking Democrat on the Judiciary Subcommittee on the Constitution, and 20 members of New York’s congressional delegation chided Iowa Attorney General … Read more