Matt Weidner | Why Are The Banks Foreclosing On Homes Then Holding Them? What Is Going On Here? (VIDEO)

WHY ARE BANKS GETTING FORECLOSURE JUDGMENTS THEN NOT SELLING THE HOMES?

The two excel spreadsheets come from my county’s foreclosure sales website. The first shows the results of all auctions 1/1/12 through 2/29/12; the second shows all upcoming auctions 3/18/12-4/30/12…both data sets show the banks taking the vast majority of the properties back, the banks bidding up the properties to far, far, far more than they are worth. Are the feds paying them to take properties back? Do the banks not want to report the real value of their mortgages? Right now they show the assets as the value of their judgments…if they put them all up for public sale would that force them to report the MASSIVE losses that are very much real, but hidden today? Why are the banks forcing people into the streets then not selling the properties?

AuctionResults11229 here…

AUCTIONSMARCH18APRIL30 here…

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4closureFraud.org

Comments
9 Responses to “Matt Weidner | Why Are The Banks Foreclosing On Homes Then Holding Them? What Is Going On Here? (VIDEO)”
  1. Lynne says:

    You are my hero, Matt. Keep up the good work…wish we had someone like you in NC. There is not a single attorney who will even represent homeowners in NC…they are all afraid of the law firm acting as trustee for the ‘deeds of trust’ on the majority of the loans in the state. I find it odd with all the foreclosures…that none are contested. Very scary times…NC is a non-judicial state – DO NOT ALLOW Fla. to go that route….

    Thanks again…

  2. dcbingo286 says:

    Someone on another site suggested that the banks are taking the homes, selling them to the government so that the government will own (nationalize) all the private property (just like Stalin did) but are doing it on the sly (like a slow boiling pot) and Obama’s administration and the fed reserve are in on the whole scam.

  3. The Banksters are holding a very big shadow inventory, to slow the housing downturn other wise houses will be at 65% less value just like in Nevada, not to mention that they also want to keep their second loans alive so they don’t have to show them as loss because everybody will see that they have no money, everything has been stolen in this ponzi scheme

  4. Ali says:

    They are not holding them, the PEOPLE are wising up, they know they can’t get a clear title on the property. They don’t want to buy and sometime down the road have an investor pop up to claim their (il gotten) property. I ‘m with you IVENT, this is the “hope & change” we were promised by comrad Obama. The largest redistibution of weath, only he hit the middle class the hardest. They want to make us a nation of renters, gov’t controlled hsing and heathcare, and look at all the jobs lost, soon he’ll find a way to make everyone fed employees. He bows to Saudi princes and really like the way China does buisiness. The hand writing is on the wall, and now there are videos to prove it. Everyone must resist and take our gov’t back, they work for us!!! I was going to put in a complaint to the VA regarding the fake origination of our VA home loan and what a beaurocracy that is. They do everything electroniclly and are ripe for the pickings. THe brokers only have to hold on to the orinignation papers for 1 year after the loan is closed with the VA. We never authorized tthe closing of the VA loan but somehow they di it, there were too many rules and regs they had to follow so they took out 2 maybe 3 loans and then paid and closed the VA loan and funded the securitization with the rest. Thank goodness I saved everything, my husband was calling me a hoarder. NO more. I found out we didn’t even have a clear title when we bought. What a brilliant scheme. Those who knew make alot of money off of our backs. Those loans are in fact paid. Judges need to wise up. What do they have on them? Just wondering.

  5. lvent says:

    America is waking up and realizing that the commies have hijacked AMERICA and they are holding AMERICA AND THE AMERICAN PEOPLE hostage via the FEDERAL RESERVE BANK..They own Obama on all sides of the commie coin…but he is also a member of the commie party. The local media in Chicago waited way too long to report the truth about Obama and how Saul Alinskis COMMIE FASCIST book entitled RULES FOR RADICALS….is AKA as Obamas bible.GOOGLE THAT TITLE…AND CHECK IT OUT….So there you have it folks the truth…So now is the time for some TRUE AMERICAN PATRIOTS TO INFILTRATE THE COMMIES AND TAKE AMERICA BACIK….BUT THE TRUTH IS……. ITS NOT GOING TO BE EASY…BUT, NOTHING WORTHWILE EVER IS…SO LETS ALL PARTICIPATE IN THE OVERTHROW OF THIS UNCONSTITUTIONAL AND ILLEGAL COMMIE DICTATORSHIP THAT HAS HIJACKED AMERICA AND IS HOLDING THE AMERICAN PEOPLE AND THE UNITED STATES OF AMERICA HOSTAGE….THE TRUTH IS IT IS THE FEDERAL RESERVE BANKSTERS WHO ARE THE REAL ENTITY THAT DOES NOT WANT TO PAY THIER BILLS THAT THEY OWE TO THE AMERICAN PEOPLE….WE THE PEOPLE PAID FOR EVERYTHING UP FRONT AT THE ORIGINATION….FRAUDCLOSURES AND THE FEDS FASCIST MONETARY POLICIES AND THE TOO BIG TO FAIL BAILOUTS THAT ARE STILL OCCURRING IS ALL MASSIVE CRIMINAL FRAUD BEING COMMITTED BY THE FEDERAL RESERVE BANKSTERS AND THE U.S GOVERNMENT…WITH THE INTENT TO DEFRAUD THE AMERICAN PEOPLE…..THESE CRIMINALS ALL GOT PAID UP FRONT BY THE AMERICAN PEOPLE AT THE ORIGINATION……THAT IS WHY THE ORIGINATION FRAUD OCCURRED IN THE FIRST PLACE…AND WHY THERE WAS NEVER A LEGAL LIEN PUT ON OUR PROPERTY…BECA– USE THE AMERICAN PEOPLE LENT THIS FEDERAL RESERVE BANKSTER CABAL THE MONEY UP FRONT…VIA THE U.S. TREASURY DEPT….AND THAT IS WHAT THEY ARE HIDING…AND FRAUDCLOSURE IS THE BIGGEST INSURANCE FRAUD SCAM IN HISTORY….THE FEDERAL RESERVES FASCIST COMMIE MONETARY POLICIES, TOO BIG TO FAIL, AND FRAUDCLOSURES IS MASSIVE FRAUD…AND ARE …BEING — USED BY THESE COMMIES TO STRATEGICALLY ROB AND BANKRUPT THE AMERICAN PEOPLE UNDER THE GUISE OF MONEY LENDING…WHEN THEY DO NOT LEND ANY MONEY….THE U.S. TAXPAYERS BORROW OUR MONEY TO THEM VIA THE U.S. TREASURY DEPT…THESE COMMIES AT THE FED HIJACKED THE U.S TREASURY DEPT AND FORT KNOXX VIA THE TRAITOR POLITICIANS….WHEN THE FED WAS INSTITUTED BY COMMIE TRAITORS IN CONGRESS….AND THAT IS PRECISELY HOW THEY HAVE BEEN ROBBING THE AMERICAN PEOPLE FOR DECADES…AND TO THIS DAY THEY ARE HOLDING AMERICA HOSTAGE AND BANKRUPTING THIS COUNTRY…AND OBAMA AND CONGRESS ARE ALL ALLOWING IT…SO THEREFORE THEY ARE ALL TRAITORS….AND ALL MUST BE REMOVED BY WE THE PEOPLE….. THEY CAN ALL TRY TO IGNORE ALL OF US BUT WE KNOW THE TRUTH…AND IT IS TIME FOR THE AMERICAN PEOPLE TO TAKE AMERICA BACK, SUE THE FEDERAL RESERVE BANKSTERS…….THE PEOPLE OF THE UNITED STATES OF AMERIA-V-THE FEDERAL RESERVE……RECOVER OUR HIJACKED STOLEN WEALTH…RESTORE OUR U.S. CONSTITUTION AND THE U.S. BILL OF RIGHTS TO ITS ORIGINAL FORM…ISSUE OUR OWN CURRENCY..U.S. BANK NOTES ….ISSUED VIA STATE BANKS…..HOLD ALL POLITICAL TRAITORS AND FINANCIAL CRIMINALS FULLY ACCOUNTABLE..NATIONAL SOVEREIGNTY WILL PREVAIL…! GOD BLESS AMERICA…!.

    • lvent says:

      I ALMOST FORGOT TO MENTION THE FRAUDSTERS AT AIG ARE KEY TO THE BIGGEST MORTGAGE FRAUD INSURANCE SCAM IN HISTORY BEING COMMITTED UPON THE AMERICAN PEOPLE BY ALL OF THEM…AIG, WALL STREET, THE SO CALLED GSE’S, THE FEDERAL RESERVE BANKSTERS AS WELL AS THE FEDERAL AND THE U.S. GOVERNMENT WITH THE INTENT TO DEFRAUD…
      THE PROOF OF THE INTENT TO CA– USE PERMANENT HARM TO THE AMERICAN PEOPLE IS IN THE HOMELESSNESS AND THE POVERTY THAT HAS BEEN FRAUDULENTLY INDUCED UPON THE AMERICAN PEOPLE BY THESE COMMIE CRIMINALS………..

      DO NOT BE FOOLED …

      THIS WAS WELL PLANNED, INSTITUED AND THIS WAS INTENTIONAL.

      THIS IS ALL BEING DONE IN ORDER TO ROB THE AMERICAN PEOPLE OF EVERYTHING OF VALUE…
      AND STEAL THE NATIONAL SOVEREIGNTY OF THE UNITED STATES OF AMERICA…AND CREATE A NATION OF INDENTURED SERVANTS TO MASSIVE UNSUSTAINABLE FRAUDULENTLY INDUCED DEBT THAT WE THE PEOPLE NEVER OWED IN THE FIRST PLACE….
      THESE COMMIES WHO OWN THESE ENTITIES ARE ENEMIES OF AMERICA…

      BUT, THE TRAITOR POLITICIANS FROM WITHIN ARE THE BIGGEST ENEMY OF OUR FREEDOM, OUR LIBERTY, OUR WEALTH, OUR PROSPERITY, OUR INDEPENDENCE AND OUR NATIONAL SOVEREIGNTY….!

      WHAT THESE COMMIE FASCIST REALLY WANT IS A NATION OF IMPOVERISHED RENTERS…BUT THE TRUTH IS THAT….
      THESE CRIMINALS NEVER LENT THE AMERICAN PEOPLE A DIME…THE U.S TREASURY LENT OUR WEALTH TO THESE CRIMINALS AND THAT WAS ALL DONE BEHIND OUR BACKS…..

      SO, ARE WE PISSED YET….?

  6. woodknotgo says:

    Thank you Matt-for trying to deterine WHY BANKS ARE NOT SELLING FC Homes !
    this is happening in every county in Florida. They are not transferring Title from the Homeowners that have been tossed in the street and allowing Code Violations to pile up in the “former owners” names.
    I have been watching my county Clerk website as numerous Court Sales being cancelled & witnessed several hopeful bidders denied.
    Please continue your investigation and raise awareness to more possible bank & Insurance Fraud.

  7. Samuel Burn says:

    Mike Whitney:
    “The reason that housing prices have dipped only 33.6 percent in the United States instead of 60 percent as they have in Ireland, is because the big banks have been keeping inventory off the market. ”

    Banksters are “fixing” things and “gaming” the system. And we let them get away with it.

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