ACTION ALERT | Citizen Warriors Needed to Drown Out the TBTF Attacks on NY AG Eric Schneiderman

Posted by 4closureFraud on August 22, 2011 · 24 Comments 

Corruption abounds!  We do not want predatory banks to be given a broad waiver for their criminal wrongdoing that has gravely damaged so many.  Despite what most of our elected officials are willing to do; obey their financial sector masters, they are elected to represent THE PEOPLE, not the banks! We must make our voices … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, Front Page, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

Naked Capitalism | Corrupt Obama Administration Pressuring New York Attorney General to Support Mortgage Whitewash

Posted by 4closureFraud on August 22, 2011 · 4 Comments 

  Corrupt Obama Administration Pressuring New York Attorney General to Support Mortgage Whitewash It is high time to describe the Obama Administration by its proper name: corrupt. Admittedly, corruption among our elites generally and in Washington in particular has become so widespread and blatant as to fall into the “dog bites man” category. But the … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

NY Times | Attorney General of N.Y. Is Said to Face Pressure on Bank Foreclosure Deal

Posted by 4closureFraud on August 22, 2011 · 6 Comments 

Attorney General of N.Y. Is Said to Face Pressure on Bank Foreclosure Deal Eric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices, according to people briefed on discussions about the deal. … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

WSJ | Foreclosure Talks Snag on Bank Liability

Posted by 4closureFraud on August 22, 2011 · 7 Comments 

Foreclosure Talks Snag on Bank Liability Efforts to reach a settlement that would end the long-running probe of foreclosure practices are snagged over whether banks will get broad legal immunity from state officials for mortgage-related claims. Federal and state officials are seeking penalties of $20 billion to $25 billion from Bank of America Corp., J.P. … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud