Citizen Warriors | Listen Live from Florida on WSBR 740am 6-8pm EST
Guests Jeff about 1/26 Fraudclosure Teach in in Broward after break at 6:20pm Maia about 2/16 Foreclosure Awareness Day Rally in Tally after break at 6:40pm (this is just a quick update) Whistleblower about forced place insurance scam at 6:45pm Glenda about her effective actions in central Florida opposing due process violations in Judge Dickey’s … Read more
Up with Chris Hayes | Eliot Spitzer on the 50 State Fraudclosure Settlement “NO, NO, NO, NO” (VIDEO)
~ 4closureFraud.org Tweet
Bid Rigging | M&B Builders Fined $250,000, Ordered to Pay Restitution for Fixing Foreclosure Auctions
“The Obama administration has made prosecuting financial and real estate fraud a priority, and the Justice Department has touted each conviction.” ~ Mobile company fined $250,000, ordered to pay restitution for fixing foreclosure auctions MOBILE, Alabama — A local company will pay a $250,000 fine plus restitution for rigging real estate foreclosure auctions, a federal … Read more
Hawaii | Act 48 – Mortgage Foreclosure Law Revisions Advised
Mortgage foreclosure law revisions advised Foreclosures in Hawaii have plummeted 53 percent since the Legislature passed sweeping mortgage legislation last year, officials said Thursday. Hawaii had the nation’s 11th highest foreclosure rate in 2010, prompting lawmakers to establish a Mortgage Foreclosure Task Force to look into all aspects of judicial and nonjudicial foreclosures in the … Read more
NY Times | Forced Placed Insurance ONE of the Richest and Most Secretive Sources of Profit
“There is a lot to love about force-placed insurance — if you sell it. The policies typically cost at least three times as much as ordinary property insurance. Some borrowers have been charged much more — up to 10 times the prevailing rate” ~ Hazard Insurance With Its Own Perils By GRETCHEN MORGENSON “Force-placed insurance … Read more
