Mark Stopa | Banks Steal Homes, and I have PROOF

Banks Steal Homes, and I have PROOF The name “Danielle Sterling” may not mean much to you. Frankly, it shouldn’t. Danielle Sterling was a receptionist for American Home Mortgage until 2005, when she was promoted to a “Collateral Reviewer,” a position she held until 2007, when American Home Mortgage went out of business. I don’t … Read more

Replay of Florida Senate and Banking Committee RE SB 1890 Foreclosure Act 02/27/12

Click Through to View ~ 4closureFraud.org Tweet

George Mantor | The Future of Greece and What it means to Americans

The Future of Greece and What it means to Americans Most Americans don’t pay much attention to global events. We feel like what happens elsewhere doesn’t matter here. For most of our history, that has been true. But, there is a drama playing out in a place that could not seem more distant and irrelevant … Read more

A Critical Analysis of The Florida Senate Banking Meeting And The Foreclosure “Reform”… It’s Just Crazy…

And contrary, to representations made at the hearing yesterday, the letter in opposition to the bill written by Henry Trawick applies to many of the issues that are still addressed in the current version of the litigation. Replay of the hearing on SB 1890 here… Henry Trawick’s honored opinion and analysis of this bill should … Read more

Subject Matter Jurisdiction | 100,000+ Foreclosures Defective in Pennsylvania According to State Superior Court

“Since the Superior Court has now ruled that this Act 91 letter is wrong … the foreclosures that have happened in the past are a problem and for sure no more foreclosures should go forward if that deficient letter is in people’s files” ~ Halt foreclosures on homes due to paperwork errors, group says Housing … Read more

Sussex NJ Family Wins Fight Against Regions Mortgage Foreclosure and Illegal Eviction

Sussex NJ Family Wins Fight Against Regions Mortgage Foreclosure and Illegal Eviction SUMMARY: An illegal eviction scheduled by Regions Mortgage was averted last Friday February 24, 2012 at the Judicial Center in Newton after Adam Deutsch Esq., of the law firm Denbeaux & Denbeaux presented the motion to keep the McMullen family in their home. … Read more

Statement of Edward J. DeMarco Director FHFA On the State of the U.S. Housing Market: Removing Barriers to Economic Recovery

Statement of Edward J. DeMarco, Acting Director Federal Housing Finance Agency Before the U.S. Senate Committee on Banking, Housing, and Urban Affairs On the State of the U.S. Housing Market: Removing Barriers to Economic Recovery February 28, 2012 Chairman Johnson, Ranking Member Shelby and members of the Committee, I am pleased to be invited here … Read more

VICTORY: Occupy Homes MN Saves US Marine from Foreclosure (VIDEO)

For more information or if you are facing foreclosure contact us at occupyhomesmn@Gmail.com For updates, follow Occupy Our Homes MN on facebook and twitter: http://www.facebook.com/OccupyHomesMN http://www.twitter.com/OccupyHomesMN Occupy Homes MN has declared victory in their fight to save US Marine Bobby Hull’s family home from foreclosure. Following a two-month campaign of public pressure bringing media attention … Read more

Dylan Ratigan | Spitzer: Indicting Corporations Over ‘Fraudclosure’

Former New York Governor Eliot Spitzer joins MSNBC’s Dylan Ratigan and the show’s mega panel to talk about states that have been using fraudclosure settlement money for their own state budgets, rather than giving it to struggling homeowners. ~ 4closureFraud.org Tweet

Rep. Lofgren and 115 Reps. Call for Fannie Mae and Freddie Mac to Help Underwater Homeowners Via Principal Reductions

Rep. Lofgren and 115 Reps. Call for Fannie Mae and Freddie Mac to Help Underwater Homeowners Washington, DC – Today Rep. Zoe Lofgren, chair of the California Democratic Congressional Delegation, released a letter signed by 116 Members of Congress to Ed DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA), calling for mortgage principal … Read more

Up w/ Chris Hayes | Architecture Brings New Life to Foreclosure Crisis

Up host Chris Hayes pivots the conversation from the foreclosure crisis plaguing Detroit, to the future of suburban housing communities and how architecture may play a role. Architect Michael Bell joins Up to discuss this shift, and his installation in New York’s Museum of Modern Art that addresses “rehousing the American dream.” ~ 4closureFraud.org Tweet

HUD CHARGES BANK OF AMERICA WITH DISCRIMINATING AGAINST HOMEBUYERS WITH DISABILITIES

HUD CHARGES BANK OF AMERICA WITH DISCRIMINATING AGAINST HOMEBUYERS WITH DISABILITIES Bank of America allegedly applied discriminatory lending requirements for borrowers with disabilities WASHINGTON–The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging Bank of America with discriminating against homebuyers with disabilities. HUD alleges that Bank of America imposed unnecessary … Read more

New Jersey’s Looming Foreclosure Crisis

New Jersey’s Looming Foreclosure Crisis As long as NJ allows major lenders to file documents using a private electronic system, there’s no way of achieving a transparent review process “I’m not surprised [investigators] would find a high percentage of irregularities, even fraud,” said Phyllis Salowe-Kaye, executive director of New Jersey Citizen Action, which counsels people … Read more

Experienced Robosigners Wanted | JPMorgan, BofA Strain for Qualified Staff to Clear Foreclosures

JPMorgan, BofA Strain for Qualified Staff to Clear Foreclosures JPMorgan Chase & Co. and Bank of America Corp. told regulators they were straining last year to hire and keep enough qualified people who could clear a backlog of foreclosure complaints. JPMorgan, the largest U.S. bank by assets, vowed to expand training after its review found … Read more

Damnit Tickerguy is Right Again (Banks Rip Us Off Again)

The Market Ticker – Damnit Tickerguy is Right Again (Banks Rip Us Off Again) I have to be wrong eventually with one of these calls, you know… So if you’re a bank, told to write down $5 billion worth of mortgages (your “share” of the total) and given discretion as to which ones you write … Read more

This Should Stop Them | FBI Announces Public Service Announcement by Gordon Gekko on Securities Fraud and Insider Trading

FBI Announces Public Service Announcement by Michael Douglas on Securities Fraud and Insider Trading This morning the FBI announced a new public service announcement featuring Michael Douglas, soliciting tips and information on securities fraud and insider trading. This is part of the continued push—and focus on a top FBI priority—to root out criminal behavior in … Read more

Abigail Field | Dear State Attorneys General: You Failed America. Yes, You.

Dear State Attorneys General: You Failed America. Yes, You. By Abigail Caplovitz Field Update: My original headline said “Sold Out” where it now says failed. I think it’s more accurate. Dear State Attorneys General: Rumor has it that this week we will learn precisely how you failed us all regarding the criminal enterprise that is … Read more

SB 1890 | Bill to Streamline Foreclosures Moves One Step Closer to Florida Law

Bill to streamline foreclosures moves one step closer to Florida law For the first time since the real estate crash crippled Florida’s economy and battered struggling homeowners, a bill to hasten foreclosures through the courts is headed to the full House and Senate. A narrow 6-4 vote Monday in a specially scheduled meeting of the … Read more

“The court will hear those meritorious defenses, but unfortunately it’s not a meritorious defense to say, ‘I just don’t want to pay,’ ” Passidomo said.

“It’s not the bank’s fault or the lender’s fault, if you will,” Richter said. “It’s not the lender’s fault when someone loses their job. The mortgage document basically says I promise to pay, it doesn’t say I promise to pay if I’m employed.” ~ Foreclosure bill narrowly passes last committee despite some Republican hesitation TALLAHASSEE … Read more