Breaking the Law, Breaking the Law | And Your Front Door – Another Week, Another Bank Break In, Another Example of Bank Crime Unpunished…
Another Week, Another Bank Break In, Another Example of Bank Crime Unpunished… Author: Matthew D. Weidner, Esq. Earlier today, another client called with another one of the stories that make me FURIOUS! My client was a victim of a home burglary. A break in. Her sense of privacy and security has been totally violated. Her … Read more
Spooky Letter | Rep. Elijah Cummings Seeks Records and Documents Relating to Steven J. Baum’s Foreclosure Practices AND its Halloween Party
Cummings Requests Documents from Law Firm after Allegations of Foreclosure Abuse Document Request Follows Disclosure of Foreclosure Party Photos Washington, DC (Nov. 4, 2011) – Today, Ranking Member Elijah E. Cummings sent a letter to the law firm of Steven J. Baum requesting records, documents, and communications relating to allegations of improper and potentially … Read more
Must View Video | Bill Black: Jobs Now, Stop the Foreclosures, Jail the Banksters
Be sure to watch in its entirety! William Kurt Black (born 6 September 1951) is an American lawyer, academic, author, and a former bank regulator. Black’s expertise is in white-collar crime, public finance, regulation, and other topics in law and economics. He developed the concept of “control fraud“, in which a business or national executive … Read more
MEOW! 30 Cats Evicted from Abandoned CitiMortgage Foreclosure
30 cats cleared from 2nd foreclosed home in 2 weeks as Ypsilanti Township plans vacant home ordinance For the second time in as many weeks, the Humane Society of Huron Valley had to pull more than 30 cats, several dogs and other assorted wildlife out of a foreclosed Ypsilanti Township home owned by an out-of-town … Read more
650,000 Americans Joined Credit Unions Last Month – More Than In All Of 2010 Combined
650,000 Americans Joined Credit Unions Last Month — More Than In All Of 2010 Combined One of the tactics the 99 Percenters are using to take back the country from the 1 percent is to move their moneyfrom big banks to credit unions, community banks, and other smaller financial unions that aren’t gambling with our … Read more
Bank of America Threatens Foreclosure Over $1 From Already-Sold Home
BofA Threatens Foreclosure Over Missing $1 From Already-Sold Home How could a home be repossessed when it’s no longer in the homeowner’s possession? One family in Utah asked itself the same question. Shantell Curtis and her family were threatened with foreclosure months after they had sold their Vernal, Utah house. What’s more, the problem revolved … Read more
Veterans March For Occupy Wall Street – And It’s Like Nothing You’ve Ever Seen Before
Again, be sure to see the march by clicking the link above or here… ~ 4closureFraud.org Tweet
Our FAQ on the Foreclosure Reviews
Our FAQ on the Foreclosure Reviews by Paul Kiel ProPublica, Nov. 4, 2011, 10:37 a.m. As we reported today [1], federal banking regulators have launched a foreclosure review process. Certain current or former homeowners who were the victims of abuses or errors by mortgage servicers will be eligible for compensation. Regulators have provided a bare-bones … Read more
Independent Foreclosure Review | Flaws Jeopardize New Attempt to Help Homeowners
Flaws Jeopardize New Attempt to Help Homeowners by Paul Kiel ProPublica Banking regulators this week launched the government’s latest attempt to help troubled homeowners — the Independent Foreclosure Review — heralding it as a thorough and fair way to compensate homeowners victimized by big banks. But early indications are that this program, like earlier efforts, … Read more
Press Release | Occupy Wall Street to Obama: Don’t Be Big Banks’ Puppet; No Immunity Deal for Crooks
November 4, 2011 For Immediate Release Contact: Max Berger, OWS Press Working Group Occupy Wall Street to Obama: Don’t Be Big Banks’ Puppet; No Immunity Deal for Crooks To help expose the looming cash-for-immunity deal between the Obama administration and big banks, Occupy Wall Street on Saturday, November 5 will march from Liberty Square to … Read more
Proposed AG Settlement Helps Big Banks, Hurts Homeowners
Proposed AG Settlement Helps Big Banks, Hurts Homeowners The New Bottom Line Warns Obama Administration Against Giving Public a “False Sense of Confidence” that Foreclosure Crisis has been Addressed, Calls for Game-Changing Settlement In response to the recent media reports that state Attorneys General are close to reaching a settlement with big banks on the … Read more
Is the Independent Foreclosure Review Really Independent?
“If you have to put “Independent” in the title, then it probably isn’t.” ~ Is the Independent Foreclosure Review really independent? Is the “Independent Foreclosure Review” a real help to borrowers, or the latest program announced by the feds in a long series of faux efforts to make it appear the government is responding to the … Read more
Federal Reserve’s Independent Foreclosure Review and HAMP Escalations Review
I just received the below information announcing that the Office of the Comptroller of the Currency (OCC), the Federal Reserve System’s Board of Governors, and 14 US mortgage servicers are offering a free impartial Independent Foreclosure Review for eligible borrowers who believe they were financially injured as a result of servicer errors, misrepresentations, or other … Read more
FHFA Director Praises Principal Paydown Plan for Undersecured Mortgages
FHFA Director Praises Principal Paydown Plan as “Promising” and “Credible” Pledges to Provide Members an Assessment in Two Weeks Washington, DC (Oct. 26, 2011)—During a meeting today with 19 Members of Congress, Edward DeMarco, the Acting Director of the Federal Housing Finance Agency (FHFA), praised a principal reduction proposal by Rep. Zoe Lofgren and pledged … Read more
House Members OCC FED Follow Up Letter on “Independent” Foreclosure Reviews
House members sent a letter to the OCC and the Fed last week (attached) saying that starting the claims process was premature given that there’s been no transparency and their questions from July have yet to be answered. Letter below… ~ 4closureFraud.org ~ Follow Up Letter on “Independent” Foreclosure Reviews Tweet
