PREO.com | Albertelli Law Firm who is Under Investigation by the Florida Attorney General Could Profit from Legislation Designed to Move Foreclosure Notices Online

Also complicating the debate is Tampa-based Albertelli Law Firm, which owns PREO.com, which is under investigation by Florida Attorney General Pam Bondi. Bondi’s office confirmed they’ve received at least 16 complaints against Albertelli alleging everything from “foreclosure fraud” to “nothing short of racketeering.” ~ A Tampa law firm under investigation by the Florida attorney general … Read more

Why No Financial Crisis Prosecutions? Ex-Justice Official Says it’s Just too Hard

Why No Financial Crisis Prosecutions? Ex-Justice Official Says it’s Just too Hard by Marian Wang ProPublica It’s an issue we and others have noted again and again: Years after the financial crisis, there have still been no prosecutions of top executives at the major players in the financial crisis. Why’s that? Well, according to a … Read more

Elijah Cummings Urges Senate to Confirm Richard Cordray As Director of Consumer Financial Protection Bureau

Elijah Cummings Urges Senate to Confirm Richard Cordray As Director of Consumer Financial Protection Bureau Washington, DC (Dec. 6, 2011) – Today, Rep. Elijah Cummings, Ranking Member of the House Committee on Oversight and Government Reform, sent a letter to Senators Harry Reid, Mitch McConnell, Tim Johnson, and Richard Shelby expressing strong support for Richard … Read more

Matt Weidner | I Remember Exactly Where I Was The Night The Lights Went Out…In Cities All Across America

I Remember Exactly Where I Was The Night The Lights Went Out…In Cities All Across America I remember where I was the night the lights went out. The night the lights went out in Tampa and Orlando….and in cities all across America. The whole world remembers. While previous generations remembered where they were when Kennedy … Read more

GAO Report | VACANT PROPERTIES – Growing Number Increases Communities’ Costs and Challenges

Summary Vacant and unattended residential properties can attract crime, cause blight, and pose a threat to public safety. While homeowners or mortgage owners–including the mortgage servicers that administer loans on behalf of loan owners–are responsible for maintaining vacant properties with mortgages undergoing foreclosure, the costs local governments incur to mitigate any unsafe conditions can be … Read more

ROBO-SIGNING COMPLAINT | State of Nevada vs Meghan Shaw, Jennifer Bloeker and Joseph Noel

OFFICE OF THE ATTORNEY GENERAL ANNOUNCES MORE COMPLAINTS FILED AGAINST THREE NOTARIES IN ROBO-SIGNING CASE Las Vegas, NV – The Office of the Nevada Attorney General announced today that complaints have been filed against three more notaries in the State’s ongoing massive robo-signing investigation. Meghan Shaw, Jennifer Bloecker and Joseph Noel have all been charged … Read more

Attorneys General of California and Nevada Announce Mortgage Investigation Alliance

Press Release December 06, 2011 For Immediate Release Contact: (415) 703-5837 Attorneys General of California and Nevada Announce Mortgage Investigation Alliance LOS ANGELES — Attorneys General Kamala D. Harris of California and Catherine Cortez Masto of Nevada today announced that their states have entered into a joint investigation alliance designed to assist homeowners who have … Read more

NAILTA Announces Opposition to “MERS 2″ Proposal

NAILTA Announces Opposition to “MERS 2″ Proposal The National Association of Independent Land Title Agents (NAILTA) has announced that it is opposed to a provision in legislation offered by Senator Bob Corker (R-TN) that would create “MERS 2″, a federal mortgage registry modeled after and designed to replace the existing bank-owned MERS mortgage registry. In … Read more

Texas | Squatters Claim more than $8 Million Worth of Tarrant County Properties Using Adverse Possession

Squatters claim more than $8 million worth of Tarrant County properties While county officials were asleep at the wheel, Tarrant County became a magnet this year for an odd assortment of squatters claiming other people’s houses all over the area. The cast of characters includes a homeowner who scooped up a dead neighbor’s house; a … Read more

House Party | 250 People Party at a Bank of America Foreclosed Vacant House

Now this is what I call a party! ~ 250 party at Bank of America bank’s vacant house in Bradenton MANATEE — Deputies had to clear out a crowd of at least 250 partiers from a vacant house owned by Bank of America early Sunday. The loudness of the party, which caused a neighbor to … Read more

PONZI | MORTGAGE-BACKED TRUSTS – RUNNING ON EMPTY?

MORTGAGE-BACKED TRUSTS – RUNNING ON EMPTY? By Lisa Epstein and Lynn E. Szymoniak, Esq. December 6, 2011 What is left in residential mortgage-backed trusts? Investors, everyone with a pension invested in mortgage-backed trusts, residents of cities and counties invested in mortgage-backed trusts and economy watchers in general are asking the question: what is left in … Read more

Rachel Maddow | Scott Oslen Speaks on the Future of the Occupy Movement

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Rachel Maddow | Occupy Defends the Homefront

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OccupyOurHomes | Bank Of America Sends Internal Email Exposing Where The “Occupy” Movement Is Hurting It Most

Bank Of America Sends Internal Email Exposing Where The “Occupy” Movement Is Hurting It Most While the general media may be ignoring the latest peculiar twist on the “Occupy” theme, or in this case the “occupyourhomes.org“, Bank of America is taking it quote seriously. As a reminder, “Tuesday, December 6th is the National Day of … Read more