Ally (GMAC), Home of Robo-signer Extraordinaire Jeffrey Stephan, Sets Aside $270 Million for Expected Penalties from Foreclosure Fraud Settlement

Ally To Take $270 Million Charge In 4Q For Foreclosure Matters NEW YORK (Dow Jones)–Ally Financial Inc., one of the mortgage servicers in discussions with state and federal officials over a settlement of alleged foreclosure abuses, said Tuesday it will record a charge of about $270 million in the fourth quarter for expected regulatory penalties. … Read more

(un)Fair Foreclosure Act Sponsor | Did Representative Passidomo Get Duped?

The story below relates to a bill that Passidomo introduced to protect insurance companies from bad faith claims. It just goes to show how much of a puppet she is. ~ Did Representative Passidomo Get Duped? Some excerpts from the report… Despite the power of this logic, and the obvious and clear words of existing … Read more

Ex-Marine Reoccupies His Own Foreclosed Home in Fight Against Freddie Mac, JPMorgan Chase

Ex-Marine Reoccupies His Own Foreclosed Home in Fight Against Freddie Mac, JPMorgan Chase As Freddie Mac comes under scrutiny for betting billions on investments that profit if homeowners they issued loans to are locked into high-interest mortgages, we speak with Arturo de los Santos, a U.S. Marine veteran who was evicted last year in Riverside, … Read more

Two Separate Crimes | Mortgage Fraud vs Foreclosure Fraud

Mortgage Fraud vs Foreclosure Fraud by DanJS When reporting or discussing the economic meltdown of our nation, let us please get it into our minds that Mortgage Fraud and Foreclosure Fraud are two separate crimes and focus must be given to the definitions of the two. “Mortgage Fraud” is a long-established criminal act that must … Read more

Suits Challenge Way Foreclosures are Performed in Missouri

Suits challenge way foreclosures are performed in Missouri John Kevin Kennedy was an engineer at Anheuser Busch for 30 years. Then came the sale to InBev, and the big downsizing at the brewery left Kennedy out on the street along with much of his department. With no job, he asked his mortgage lender for a … Read more

Lee Camp | How To Destroy The Environment, Steal Money, & Look Good Doing It (VIDEO)

Explicit Language so Viewer Discretion Advised Have we surpassed Orwell’s “1984″? We continue to see a level of fraud by corporations and the wealthiest people that would make Skeletor blush. And the most amazing part is that they’re able to look good doing it. ~ 4closureFraud.org Tweet

VIDEO | Anonymous Message to World Leaders. This is Wonderful :)

STOP War Against Iran. STOP Economic shocks. NO MORE S.O.P.A / A.C.T.A. / Biden-Sinde-Wert-Law / … NO MORE Censorship. OPEN DATA. FREE Manning, FREE Assange, FREE Anons. FREE KNOWLEDGE. ~ 4closureFraud.org Tweet

STATE OF NEVADA vs. LENDER PROCESSING SERVICES | Lender Processing Services, Inc. (LPS) Files Motion to Dismiss Nevada Attorney General Complaint

Lender Processing Services, Inc. (LPS) Files Motion to Dismiss Nevada Attorney General Complaint JACKSONVILLE, Fla., Jan. 31, 2012 /PRNewswire/ — Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology, data, and analytics to the mortgage and real estate industries, today responded to the civil complaint filed by the Nevada Attorney General against … Read more

NY Times | Treasury Investigates Freddie Mac Investment

Treasury Investigates Freddie Mac Investment The Treasury Department is investigating a report that Freddie Mac, the mortgage giant, bet against homeowners’ ability to refinance their loans even as it was making it more difficult for them to do so, Jay Carney, a White House spokesman, said on Monday. The report came just as the Obama … Read more

Fla. AG Pam Bondi urged to get tough on foreclosure deal

Fla. AG urged to get tough on foreclosure deal TALLAHASSEE, Fla. — Religious and community groups urged Attorney General Pam Bondi on Monday to take a tougher stance on a proposed settlement with the nation’s five largest mortgage lenders over deceptive foreclosure practices. A pair of ministers and an evicted former homeowner delivered a letter … Read more

Bets Against Homeowners Must Stop, Freddie Mac Was Told

Bets Against Homeowners Must Stop, Freddie Mac Was Told by Jesse Eisinger and Cora Currier, ProPublica, and Chris Arnold, NPR Answers to homeowners’ questions about the Independent Foreclosure Review.The administration’s website for the foreclosure prevention program. Provides an FAQ, homeowner examples, and other tools to see whether you might qualify for the program.A list of … Read more

FHFA Statement on Freddie Mac “Refinance” Story RE Betting Against American Homeowners

FHFA Statement on Freddie Mac Refinance Story A ProPublica–NPR news story today suggested that a mortgage financing vehicle utilized by Freddie Mac may be preventing homeowners from refinancing. While FHFA does not typically comment on its supervisory activities, the circumstances here require some clarification. Freddie Mac has historically used the structuring of Collateralized Mortgage Obligations … Read more

Abigail Field | NV AG Masto Defends Nevadans Against a Rushed and Bad Servicer Settlement

NV AG Masto Defends Nevadans Against a Rushed and Bad Servicer Settlement States’ Attorneys General across the nation are under tremendous pressure to sign off on a “deal” resolving the foreclosure fraud, servicing fraud, at least some origination fraud and perhaps more, committed by the biggest banks(wearing their mortgage servicing hats.) They’ve been told to … Read more

Mandelman | DOER ALERT: Wells Fargo this is Unnecessary, Unreasonable and Unthinkable

DOER ALERT: Wells Fargo this is Unnecessary, Unreasonable and Unthinkable Look, Wells Fargo… we have to talk. And frankly, I’d appreciate it if you’d jot down a few notes as we go because I really don’t want to have to repeat myself on this subject… and dear Lord, trust me when I say that you … Read more

38 Questions | As Mortgage Settlement Deal Nears, Nevada AG Raises Important Concerns

As Mortgage Settlement Deal Nears, Nevada AG Raises Important Concerns As the Obama administration, state attorneys general and the nation’s biggest banks close in on a settlement over allegations of widespread mortgage fraud, Nevada’s attorney general is pushing back with concerns and questions. Meanwhile a Feb. 3 deadline looms for states to declare whether they … Read more

Bloomberg | Proposed 50-State Fraudclosure Accord Deadline Set for Feb. 3

Proposed 50-State Foreclosure Accord Deadline Set for Feb. 3 State attorneys general have until Feb. 3 to decide whether to sign a proposed nationwide settlement of foreclosure wrongdoing with banks including JPMorgan Chase & Co. (JPM) and Citigroup Inc. (C) that may total as much as $25 billion. State and federal officials have been negotiating … Read more

Catch the Replay of Citizen Warriors Radio Jan 29, 2012 on 4closureFraud.org

Just in case you missed the live stream of Citizen Warrios this weekend you can catch it on the Radio Show tab above. To view show from the beginning, click on the Jan 29th show in the video library. Special guest Phillip Taylor, Oklahoma Anti-Fraudclosure Attorney with two recent strong Oklahoma Supreme Court wins under … Read more

Occupy Oakland January 28, 2012 – Police Brutality (VIDEO)

~ 4closureFraud.org Tweet

Help Wanted | Wells Fargo “Robo-signing” Specialist 3 (Final Docs Dept. /Default Assignment Team) NO JOKE!

In the world of you just can’t make this stuff up… ~ Loan Servicing Specialist 3 (Final Docs Dept. /Default Assignment Team) From the job description… SHIFT AVAILABLE: The hours will tentatively be 7am-3:30pm. Shifts are subject to change based on business needs. The Default Assignment team is responsible for the creation, execution, and recordation … Read more

Jason Werner | Salvage Title for Houses

Salvage title for houses By Jason Werner The phrase SALVAGE TITLE is most commonly known in the auto industry. For example, CarFax, which they self-proclaim themselves “the most trusted provider of vehicle information” develops reports that “may include: Title information, including salvaged or junked titles Flood damage history Total loss accident history Odometer readings Lemon … Read more