Legislation | Let’s Fix The Fraudclosure Mess
The Market Ticker – Let’s Fix The Fraudclosure Mess Here it is folks…. let’s push this as a singular piece of legislation that we want introduced and passed nationally on a state-by-state basis this coming year. The Legislature finds that: The practice of failure to accurately record the real parties at interest in mortgages and … Read more
Evicted | They Are Coming!!! Are You Next??? (VIDEO)
Police: “OPEN THE DOOR”….(door is opened)…..”GET BACK” Police: “ARE THERE ANY WEAPONS IN THE HOUSE?” Police: “WE’RE GOING TO MOVE YOU OUT TODAY” WE MUST STOP THIS INDIGNITY WE MUST STOP THIS CRIME WE MUST STOP THIS EVICTION and FRAUDCLOSURE PROCESS EVICTIONS RESUME JANUARY 3rd, 2012 As an exclusive from http://www.ohiofraudclosure.blogspot.com, the video you … Read more
Fannie Mae Servicing Guide Announcement SVC-2011-22 | Documentation Requirements for Foreclosure and Bankruptcy Referral Packages
Effective for foreclosure referrals on and after March 1, 2012: In all circumstances in which an assignment of mortgage to the party in whose name the foreclosure will be conducted is required, servicers must ensure that, no later than the time of the foreclosure referral to an attorney (or trustee), the mortgage has been validly … Read more
HB 1149 | Florida Lawmaker Greg Steube (R-Sarasota) Introduces New Foreclosure Bill
HB 1149 – Mortgage Foreclosures This just in. Haven’t read it yet. HB 1149 Florida 2012 introduced by Florida Rep. Greg Steube (R-Sarasota) General Bill by Steube Mortgage Foreclosures: Reduces limitations period for commencing action to enforce claim of deficiency judgment pursuant to foreclosure action; provides that entry of deficiency judgment must be commenced within … Read more
Whistleblower Documents Illuminate Case Against BNY Mellon
Whistleblower documents illuminate case against BNY Mellon NEW YORK (Reuters) – Confidential whistleblower documents that helped spark a massive state and federal investigation into how Bank of New York Mellon Corp charged pension funds for currency exchange, provide a rare window into how a bank insider aided a lawsuit against the bank. The information provided … Read more
Occupy Wall Street: How Cash Has Corrupted Congress
Occupy Wall Street: How Cash Has Corrupted Congress It’s always been about the money. Occupy Wall Street chose to set up its 24-hour outpost of political dissent on the doorstep of the finance industry primarily to underscore the simple fact that money has corrupted our political process so completely that the seat of power in … Read more
Deutsche Bank Offers U.S. Plans for Renting Fraudclosed Homes
Deutsche Bank Offers U.S. Plans for Renting Foreclosed Homes Fortress Investment Group LLC (FIG) and Deutsche Bank AG (DB), whose executives played roles in the housing bubble, are among the hundreds of firms that responded to a U.S. government request for proposals to rent out foreclosed fraudclosed homes. The Federal Housing Finance Agency asked for … Read more
Matt Weidner | AMERIKA – Land of Millions of Political Prisoners
AMERIKA- Land of Millions of Political Prisoners Author: Matthew D. Weidner, Esq. Thomas Jefferson famously said, “The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.” What he didn’t tell us was that when it’s too late and the tree of liberty is long died, the flickering … Read more
Independent Foreclosure Review Fail | NY Times – Foreclosure Relief? Don’t Hold Your Breath
Foreclosure Relief? Don’t Hold Your Breath BUT Michael Olenick, a specialist in mortgage research, said he spotted a conflicted consultant after one hour of digging. Allonhill, a smallish firm appointed by Aurora Bank, a mortgage servicer, is headed by Sue Allon, whose previous small firm acted as credit risk manager in a 2003 mortgage pool … Read more
I-Team: Nevada Supreme Court Case Could Impact Homeowners
I-Team: Nevada Supreme Court Case Could Impact Homeowners LAS VEGAS — A case before the Nevada State Supreme Court next week could have far-reaching impact on Nevadans struggling to stay in their homes. Among the issues before the justices is what proof lenders must provide to show they own the property they seek to foreclose. … Read more
Michael Olenick: The Coming of the Light
Michael Olenick: The Coming of the Light We closed down crooked foreclosure processing companies, exposed crooked bankers, and now even identified a crooked (or at least grossly incompetent) senior US government official or two. We’ve watched them twist the law, the financial markets, and their own humanity into some unrecognizable nightmare form, and now and … Read more
BAM! | U.S. Army Sergeant David Brash has won more than $21 million in damages from PHH Mortgage after it falsely claimed he defaulted on his loan
David beats Goliath: Homeowner wins $21MILLION payout from mortgage firm in dispute over credit rating It’s a rare case of the little guy taking on a big corporation – and winning. U.S. Army sergeant David Brash has won more than $21million in damages from PHH Mortgage after it falsely claimed he defaulted on his loan. … Read more
William Black | What if the SEC investigated Banks the way it is investigating Mutual Funds?
What if the SEC investigated Banks the way it is investigating Mutual Funds? By William K. Black The Wall Street Journal ran a story today (12/27/11) entitled “SEC Ups Its Game to Identify Rogue Firms.” “Rogue” is an interesting word with a range of definitions. When it is used as an adjective its meaning is: … Read more
The Big Lie | Wall Street has destroyed the wonder that was America
“There will be prosecutions and show trials. There will be violence, mark my words. Houses burnt, property defaced. I just hope that this time the mob targets the right people in Wall Street and in Washington.” ~ The Big Lie | Wall Street has destroyed the wonder that was America As 2011 slithers to its … Read more
Still Waiting for Cleanup in Foreclosure Mess
Still Waiting for Cleanup in Foreclosure Mess by Marian Wang ProPublica This is part of our year-end series, looking at where things stand in each of our major investigations. If last year [1] was the year in which faulty foreclosures and bank errors became a full-blown scandal, this has been the year of waiting for … Read more
99% Choir Forecloses on Bank of America (VIDEO)
The 99% Choir forecloses on Bank of America’s Seattle Headquarters whilst caroling about naughty bankers and their outrageous holiday bonuses. ~ 4closureFraud.org Tweet
Joy for the Holidays | Pam Bondi, Greg the Fiancé, and of Course… Luke the Dog (BARF)
A Christmas card from Pami to you… ~ 4closureFraud.org Tweet
(I Can’t Get No) Satisfaction | Mortgage Reincarnation – Paid Off Mortgages Coming Back to Life at an Alarming Rate
Manufactured Fraudclosure Via Revocation of Satisfaction of Mortgage Over a year ago, we started noticing documents filed in county land records that were “clarifying” or “correcting” previous documents. The previous documents happened to state that a mortgage was satisfied, or paid off, and the debt was extinguished. Then a new document showed up, “clarifying” and … Read more
Cover Up | Whistleblower’s Affidavit Exposing Mortgage and Foreclosure Fraud on 195 Grove City Terrace Unit 3 Disappears from Public Records
Expunged from Public Record: Evidence of Fraud Warning to Future Buyers and Real Estate Researches In the course of our fraudclosure research, we found, recorded in Charlotte County, Florida an affidavit by a notary who attests to the fact that despite a mortgage on the property bearing his notarial stamp and signature, he did not … Read more
George Mantor | Poverty and Joy – A Christmas Story
Poverty and Joy I drove by our emergency homeless center and swung around back. It hits me every time I go there. This time I burst into tears and had to sit in the car for a few minutes. I’ve seen it before, but this time of year makes it worse. Lined up by the … Read more
