City Council Votes to Support Schneiderman’s Investigation of Mortgaging Practices

Posted by 4closureFraud on September 9, 2011 · 39 Comments 

City Council Votes to Support Schneiderman’s Investigation of Mortgaging Practices The City Council today passed a resolution in support of New York State Attorney General Eric Schneiderman’s investigation into the mortgage packaging practices of several banks and it calls upon a taskforce of 50 state attorneys general to preserve his investigatory and prosecutorial powers, according … 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

Time to Lock ‘em Up | Vexed by Securitization Suit, Banks Pull Out of Mortgage Fraud Settlement Meeting

Posted by 4closureFraud on September 9, 2011 · 44 Comments 

  Vexed by Securitization Suit, Banks Pull Out of Mortgage Fraud Settlement Meeting The five biggest mortgage servicers have cancelled a planned negotiating session with representatives of the 50 State Attorneys General in apparent protest over a federal regulator filing suit against them, a source familiar with the matter tells TIME. The banks canceled 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

Lender Processing Services Stock Hits New 52-Week Low (LPS)

Posted by 4closureFraud on September 9, 2011 · 70 Comments 

You can watch the stock tank here… ~ 4closureFraud.org Tweet

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

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