Fannie Mae Help the Homeless Walkathon Saturday November 19th 2011

About Help the Homeless Program Nearly 12,000 people in the Washington metropolitan area are without homes. More than 40% are families and one in four is a child. The Help the Homeless Program, which culminates with a Walkathon on the National Mall, raises funds to support organizations working to prevent and end homelessness in the … Read more

Breaking The Law… Again | ACLU, Florida Press Association, First Amendment Foundation Letter to Hillsborough County Chief Judge Menendez “Stop Blocking Citizens from Attending Foreclosure Court”

I can’t believe we are going through this AGAIN! Over the last few years we have come up against the courts blocking access to observers in foreclosure proceedings. Most recently, we received reports from observers and actual defendants being denied court access. What is this, the Star Chambers? Well, what we did, again, was got … Read more

Adam Levitin | Is Bank of America Gambling on Resurrection (or Is BoA Holding the US Hostage)?

Is Bank of America Gambling on Resurrection (or Is BoA Holding the US Hostage)? What would you do if you were running an insolvent company? The smart thing is to bet big:  go with a high-risk/high-return strategy.  If the gamble pays off, you’re solvent, and if not, well, you’re already insolvent.  You’re playing with the … Read more

Bill Beckmann MERS CEO | “Beau Biden is wrong on MERS lawsuit”

Beau Biden is wrong on MERS lawsuit The MERS System has been an efficient way to register the majority of home mortgage loans in America for more than a decade. The press and politicians paid little attention because the MERS System works. It works for lenders and for homeowners. The MERS System helps to eliminate … Read more

Mandelman | I, Robosigner… A three act play about affidavit fraud in AG Masto’s Nevada

I, Robosigner… A three act play about affidavit fraud in AG Masto’s Nevada ACT ONE – The shot across all bank bows As the month of August came to a close, Nevada’s attorney general, Catherine Masto, filed her second amended complaint against Bank of America and friends.  Yves Smith provided the analysis in her post … Read more

Abigail Field Open Letter | Dear AG Masto: Thank you For Your Courage, Leadership & Common Sense

Dear AG Masto: Thank you For Your Courage, Leadership & Common Sense Dear Attorney General Catherine Cortez Masto, and your Deputies John P. Kelleher and Robert G. Giunta: Thank you for your courage, leadership and common sense. To date, no other law enforcer has been willing to act on the obvious: the banks’ document fraud is … Read more

Abigail Field | The Dehumanizing Nature of Robo-Signing

  The Dehumanizing Nature of Robo-Signing Robosigning is criminal, and I’m so grateful that Attorney General Catherine Cortez Masto has the courage and integrity to prosecute people for committing it. The very term “robo-signing” has, I think, inhibited prosecution because banks have successfully messaged that it was “just a harmless technicality; the real villain is … Read more

Matt Taibbi | Woman Gets Jail For Food-Stamp Fraud; Wall Street Fraudsters Get Bailouts

“Compare this court decision to the fraud settlements on Wall Street. Like McLemore, fraud defendants like Citigroup, Goldman Sachs, and Deutsche Bank have “been the beneficiary of government generosity.” Goldman got $12.9 billion just through the AIG bailout. Citigroup got $45 billion, plus hundreds of billions in government guarantees.” ~ Woman Gets Jail For Food-Stamp … Read more