Letter | Elijah Cummings to Edward DeMarco RE Freddie and Fannie Fees

Posted by 4closureFraud on November 16, 2011 · 14 Comments 

Dear Acting Director DeMarco: I am writing to request additional information about $150 million in fees that Fannie Mae and Freddie Mac charged mortgage servicing companies in 2010 for failing to conduct foreclosures quickly enough to meet federally imposed timelines. I am concerned that these penalties, at least some of which were ordered by 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

You’re FIRED AGAIN | Foreclosure Mill Lawyer Extraordinaire Steven J. Baum Dropped by Fannie Mae

Posted by 4closureFraud on November 16, 2011 · 33 Comments 

Fannie Mae confirmed late yesterday that they will no longer will be referring files to Steven J. Baum… See ya in the poor house… Hope your employees are proud… Baum will be firing you all by Christmas… Next up, prison??? ~ 4closureFraud.org Tweet

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

We are Watching | Just Added the Occupy Arrests Counter to the Site

Posted by 4closureFraud on November 16, 2011 · 16 Comments 

Recently as you know a “Banner” for the #occupy movement has been circulating. A growing number of netizens that support #occupy have shown their support by displaying it. And now another corner has been turned in this saga. We are likely about to see a rise in civil disobedience as arrogant authorities react instead of … Read more

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

Curtis Hertel Jr | Ingham County Officials See Decrease in Sheriff’s Deeds (VIDEO)

Posted by 4closureFraud on November 16, 2011 · 3 Comments 

Ingham County Officials See Decrease in Sheriff’s Deeds (VIDEO) Officials say throughout Ingham County the number of sheriff’s deeds has dropped by nearly 45% compared to last year. In 2009 there were 1,701 sheriff’s deeds and then in 2010 it spiked a bit to 1,792. So far this year there have only been 1,254. Ingham … 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