PIAZZA vs CITIMORTGAGE | Nevada Supreme Court – Lenders Must Have Foreclosure Papers to Foreclose
Nevada court: Lenders must have foreclosure papers (AP) LAS VEGAS — A pair of Nevada Supreme Court rulings requiring mortgage lenders to produce all required foreclosure documents before repossessing a house won’t establish a new legal standard because they rely on state high court opinions issued last July, a court official and a lawyer involved … Read more
STATE OF ILLINOIS v STANDARD & POOR’S | MADIGAN SUES STANDARD & POOR’S FOR ENABLING FINANCIAL MELTDOWN
MADIGAN SUES STANDARD & POOR’S FOR ENABLING FINANCIAL MELTDOWN Lawsuit: ‘Profits Were Running the Show’ at Leading Credit Ratings Agency Chicago — Attorney General Lisa Madigan today filed a lawsuit against Standard & Poor’s for its fraudulent role in assigning its highest ratings to risky mortgage-backed investments in the years leading up to the housing … Read more
GAO Report | HOMELESS WOMEN VETERANS Doubles from 2006 – Actions Needed to Ensure Safe and Appropriate Housing
HOMELESS WOMEN VETERANS Actions Needed to Ensure Safe and Appropriate Housing The number of homeless female military veterans more than doubled from 2006 to 2010, according to new government estimates. Acknowledging “limited VA data,” homeless female vets numbered 3,328 in 2010, according to a report by the General Accounting Office published on Monday, up from … Read more
George Mantor | The Real State of the Union
The Real State of the Union Wow! More hope, less change. It sounded like a campaign speech. Where’s the beef? Tepid at best and mostly more of the same piled higher and deeper. Four years ago he promised to change the very way Washington does business and remake politics itself. Well, I’ll have to admit … Read more
AUDIO | California’s Attorney General Kamala Harris on Fraudclosure Settlement
Click to play. This week, attorneys general across the country are reviewing a multi-billion dollar settlement proposal for five of the nation’s biggest mortgage servicers over their role in the housing crisis. California Attorney General Kamala Harris has expressed doubts about the deal, arguing banks shouldn’t be protected from claims that haven’t been investigated. Harris … Read more
13-1 | FL House Civil Justice Committee Votes Favorable With Amendments for the Florida (un)Fair Foreclosure Act HB213!
Bill Number: PCS for HB 213 Bill Name: Judicial Proceedings Action: Favorable With Amendments Committee: Civil Justice Subcommittee Location: 404 HOB Duration: 2.50 Date: 1/25/2012 8:00:00 AM Sponsor: Subject: Judicial Proceedings Y Abruzzo Y Gaetz Y Kiar Y Passidomo Y Stargel Y Bernard Y Hager Y Metz – Plakon Y Steinberg Y Eisnaugle Y … Read more
KABOOM | JPMORGAN FAILED TO ENSURE THAT TITLE TO THE UNDERLYING MORTGAGE LOANS WAS EFFECTIVELY TRANSFERRED
Yesterday we put up John Hancock Life Insurance Co. v. JPMorgan Chase | JPMorgan Chase Sued by John Hancock Life Over Mortgage-Backed Securities. Unfortunately I do not have time to read every complaint I put up. That is what I rely on you all for. Well, someone just brought to my attention section IX from … Read more
PRESS RELEASE | Public Citizen to Financial Regulators: Bank of America Poses a Grave Threat to U.S. Financial Stability, Should Be Broken Up
PRESS RELEASE Jan. 25, 2012 Public Citizen to Financial Regulators: Bank of America Poses a Grave Threat to U.S. Financial Stability, Should Be Broken Up Petition Calls on the Federal Reserve and Financial Stability Oversight Council to Reform Banking Behemoth, Create Smaller, Simpler and Safer Institutions to Guard Against Financial Crisis WASHINGTON, D.C. – Bank … Read more
Loreley Financing v. Citigroup Global Markets | Citigroup Sued for Fraud Over $1 Billion of CDOs
Citigroup sued for fraud over $1 billion of CDOs (Reuters) – Citigroup Inc (C.N) was sued for fraud by Loreley Financing over nearly $1 billion worth of collateralized debt obligations purchased in 2006 and 2007. Citigroup is accused of defrauding Loreley into purchasing “fraudulent investments that are now worthless,” Loreley said in a complaint filed … Read more
Harris County to Sue Mortgage Electronic Registration Systems (MERS) for Over $11 million in Mortgage Fees
Harris County to sue over mortgage fees Harris County Commissioners Court voted Tuesday to sue a mortgage-recording firm the county attorney’s office believes owes the county $11 million or more in unpaid filing fees. Mortgage Electronic Registration Systems Inc., or MERS, was formed by the mortgage-banking industry to “streamline the mortgage process,” its website says. … Read more
Mic Check! Occupy Wall Street Offers a Rebuttal to State of the Union #OWS
Mic check! Occupy Wall Street offers a rebuttal to State of the Union Everybody’s got a response to the State of the Union these days — including Occupy Wall Street. Or at least a branch of Occupiers in D.C. do. They were supposed to deliver it live post-State of the Union in McPherson Square … Read more
Jan 26, 2012 South Florida Anti-Fraudclosure Forum 7-10pm | Panel of Housing Rights and Foreclosure Fraud Experts
January 26, 2012 Occupy Ft. Lauderdale Foreclosure Mobilization Forum 7-10pm Occupy Ft Lauderdale has begun an initiative, the Occupy Ft. Lauderdale Foreclosure Mobilization, to build a grassroots political force to fight on behalf of foreclosure victims NOW! Join us and our panel of housing rights and foreclosure fraud experts from Take Back the Land, City … Read more
Oregon Live Picks Up Bar Complaint Story on David E. Fennell of NTS & FEI Accused of Engaging in the Dishonest and Deceitful Practices
The press is watching… As first reported here on Jan 21, 2012 ~ Bar Complaint | David E. Fennell of NTS & FEI Accused of Engaging in the Dishonest and Deceitful Practice of Falsely Charging Clients Inflated Non-Judicial Foreclosure Publication Costs This just in and it appears to be a huge bombshell. They operate in … Read more
Fox Business | Dimon Talks Politics, Regulation and His Legacy at JPMorgan (VIDEO)
Watch the latest video at video.foxbusiness.com Part 1 Jamie Dimon: We Need to End ‘Too Big to… JP Morgan Chase Continues PR Blitz I was watching the FOX Business channel, and who did I see again–Jamie Dimon, Chairman and CEO of JP Morgan Chase. Charlie Gasparino had what he called a “no holds barred” … Read more
Naked Capitalism | Is Schneiderman Selling Out? Joins Federal Committee That Looks Designed to Undermine AGs Against Mortgage Settlement Deal
Is Schneiderman Selling Out? Joins Federal Committee That Looks Designed to Undermine AGs Against Mortgage Settlement Deal It’s clear what the Administration is getting from getting Schneiderman aligned with them. It is much less clear why Schneiderman is signing up. He can investigate and prosecute NOW. He has subpoena powers, staff, and the Martin Act. … Read more
David Dayen | The Schneiderman Gambit: Financial Fraud Unit Appears Designed to Fail, and Grease Skids for Foreclosure Fraud Settlement
The Schneiderman Gambit: Financial Fraud Unit Appears Designed to Fail, and Grease Skids for Foreclosure Fraud Settlement By: David Dayen I’ll pepper in my thoughts on the State of the Union Address throughout the day, but I would be remiss if I didn’t start with the announcement of a Unit on Mortgage Origination and Securitization … Read more
Fraud Digest | SOTU – Prosecuting Mortgage Document Fraud
PROSECUTING MORTGAGE DOCUMENT FRAUD In the State of the Union address on January 24, 2012, President Barack Obama announced the creation of a special unit within the Financial Fraud Enforcement Taskforce to deal with mortgage origination and securitization abuses: And tonight, I am asking my Attorney General to create a special unit of federal prosecutors … Read more
President Obama’s 2012 State Of The Union Address: Enhanced Version (VIDEO)
President Obama delivers the 2012 State of the Union Address to Congress and the nation. ~ 4closureFraud.org Tweet
Abigail Field | Nice Try, President Obama. Breuer and Khuzami Have to Go. And Indictments Have to Be Immediate
Nice Try, President Obama. Breuer and Khuzami Have to Go. And Indictments Have to Be Immediate By Abigail Caplovitz Field President Obama, you’re right, critics of yours from the left–people like me–love the idea of NY Attorney General Eric Schneiderman chairing a “special unit to investigate misconduct and illegalities that contributed to both the financial … Read more
CNN: Law Enforcement Is Intimidated By Anonymous (VIDEO)
~ 4closureFraud.org Tweet
