California Audit Finds Broad Irregularities in Foreclosures, 84 Percent of the Files Contained what Appear to be Clear Violations of Law

Audit Uncovers Extensive Flaws in Foreclosures


An audit by San Francisco county officials of about 400 recent foreclosures there determined that almost all involved either legal violations or suspicious documentation, according to a report released Wednesday.

Anecdotal evidence indicating foreclosure abuse has been plentiful since the mortgage boom turned to bust in 2008. But the detailed and comprehensive nature of the San Francisco findings suggest how pervasive foreclosure irregularities may be across the nation.

The improprieties range from the basic — a failure to warn borrowers that they were in default on their loans as required by law — to the arcane. For example, transfers of many loans in the foreclosure files were made by entities that had no right to assign them and institutions took back properties in auctions even though they had not proved ownership.

Commissioned by Phil Ting, the San Francisco assessor-recorder, the report examined files of properties subject to foreclosure sales in the county from January 2009 to November 2011. About 84 percent of the files contained what appear to be clear violations of law, it said, and fully two-thirds had at least four violations or irregularities.

Kathleen Engel, a professor at Suffolk University Law School in Boston said: “If there were any lingering doubts about whether the problems with loan documents in foreclosures were isolated, this study puts the question to rest.”

Rest from the NY Times here…

Copy of the report below…




3 Responses to “California Audit Finds Broad Irregularities in Foreclosures, 84 Percent of the Files Contained what Appear to be Clear Violations of Law”
  1. Bloodsoaked says:

    FURY : Because there political careers are being threatened by there bosses and they figure they have put up a fight and the people will remember them for that and say oh they tried to do there jobs they where the good one’s. “BULLSHIT” NONE of them are any good. They all have political ambition and are walking the blood line between there future political agenda and we the people. Common, whom do you think they are going to line up with? In the end they only care about themselves. We live in a country that is based on a recycling of society and we are in the grinder of human mulch of there money garden. The social soil has no more nutrience left to sustain there PLANTS OF GREED. So into the mulch we go and the recycling begins. They want to recycle the old AMERICANS living under the old CONSTITUTION and BRAIN WASH OUR CHILDREN and replace us with foreigner’s to start THE NEW GAME CALLED THE NEW WORLD ORDER. ( Who would want to live under anything that ends with the word Order? I will not take order’s from no man or so called KING or Supreme Ruler!) IT’S LIKE THE GAME MONOPOLY! They have it all and it’s no fun for the rest to play any more so to keep the game going they give you credit to keep you in play on the board long enough to take every last shred you have YOUR FREEDOM. We don’t have any sanctity for preserving our heritages anymore. We tear down our old historic buildings and ignore our history. We are tot these days to throw away and recycle. Not restore, save and build your families heritage and future. I have spoke with allot of young teenagers and they refer to the past as THE OLDEN DAZE! There consensus is that the views of the older generation has worn out and out of date. And they are much smarter now because they are growing up in hi tech times. I say to them CAN YOUR FREEDOM WARE OUT? CAN THE LAWS THAT WERE WRITTEN LONG AGO TO PROTECT YOU AS AN INDIVIDUAL AND SAFEGUARD YOU AND YOUR ENTIRE FAMILY BLOODLINE FROM ENSLAVEMENT BEEN WRONG ALL THESES YEARS? If so how would you write the CONSTITUTION AND BILL OF RIGHTS to protect your future? MOST THINK THAT THE CONSTITUTION WAS AN OLD BATTLESHIP OR JUST AN OLD PAPER WRITTEN BY OLD DUDES IN WIGS! So with this mentality of thinking. IT’S LIKE SAYING THE CHILD IS SMARTER THAN THE PARENT! Go figure. The child is the student, the parent is the teacher and that is the way it is meant to be. Your computer and cell phone will be of no use when you are homeless without electricity or they’ve shut down the grid. And what have we learned from REALITY TV, MTV,DANCING WITH THE STARS or AMERICAN IDOL???? BE SOMETHING WE CAN ALL IDOLIZE AND MAKE A STAND FOR YOUR AMERICAN HERITAGE. They stole this land from the Indian’s and gave it to use. We have a MORAL OBLIGATION NOW TO PROTECT THIS LAND AND THE FREEDOM AND PROSPERITY WE PROMISED AS A NATION OF EQUALITY FOR EVERYONE IN THE WORLD THAT WANTS TO LIVE FREE. ISN’T THAT WHAT WE TOOK THIS LAND FOR? SORRY TO THE NATIVE INDIANS OF THIS LAND. FOR YOU WERE TRULY THE FREE PEOPLE LIVING AS GODS CHILDREN OF THE LAND. THE EUR PEON’S FUCKED US ALL IN THE END. OUR POOR MISGUIDED YOUTH. IF YOU DON’T LISTEN AND LEARN FROM THE PAST YOU WILL ONLY LISTEN TO LEARN TO FALLOW ORDER’S IN THE FUTURE. People Of The UNITED STATES And Around THE WORLD STAND TOGETHER AND RESIST YOUR HOME IS JUST THE FIRST LINE OF DEFENSE IN THE BATTLE YOUR HO– USE IS NOT THE TARGET! IT IS YOUR SOVEREIGNTY AND YOUR FREEDOM AND YOUR CHILDREN THEY WANT! TEACH YOUR CHILDREN HOW TO COOK REAL FOOD, BASIC FIRST AID, HOW TO SURVIVE ON BASIC NECESSITIES, AIM LOCK LOAD AND FIRE! KNOWLEDGE – GOD – GUN’S – GUT’S N GLORY GOD BLESS THE FREE PEOPLE

  2. Fury says:

    how on earth can any AG sign that bogus settlement when there is such
    rampant violation of laws and fraudlosure??!! there haven’t been proper
    investigations done!

    • Bobbi Swann says:

      @ Bloodsoaked – your posting was an excellent piece! I wish I had some way of getting it posted on Facebook. I think what you should do is read this aloud as a video and post it on YouTube. You could awaken some of the “children of the corn” so to speak….

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