Let’s Make A Deal | Fraudclosure Settlement to be Filed in Federal Court on Monday? as Government Seeks Court Approval of $25 Billion Pact

Government to seek court approval of $25 billion mortgage pact

(Reuters) – A previously announced $25 billion settlement between five major banks accused of abusive mortgage practices and government officials will be filed in federal court on Monday, people familiar with the matter said late Friday.

The pact unveiled February 9 is expected to result in payments and other mortgage relief for about one million borrowers, but must first be approved by a judge.

Bank of America Corp, Wells Fargo & Co, JPMorgan Chase & Co, Citigroup Inc and Ally Financial Inc agreed to the settlement after 16 months of negotiations with state attorneys general and federal agencies, including the U.S. Justice Department and the U.S. Department of Housing and Urban Development.

But the fine print took another month to finalize.

Negotiators had hoped to file a settlement on Friday, but the deal was held up at the last minute over a disagreement between Nevada and Bank of America, people familiar with the matter said.

Rest here…

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4closureFraud.org

Comments
11 Responses to “Let’s Make A Deal | Fraudclosure Settlement to be Filed in Federal Court on Monday? as Government Seeks Court Approval of $25 Billion Pact”
  1. The payoff from Countrywide? remember on the news they were sending out or had sent out checks? funny thing I never received one, and I followed through and nothing! oh that/s right I owned more than one home, silly me, American Dream/Dreamer!!

  2. ones witrh jobs have already moved on with new homes, I think people are too exhausted from spent anger to go forward or support any disagreement that one might want supported! I mean llike it seems useless!

  3. Lynn says:

    Here in NJ to get the big 2000 that you are being paid off for…. You must have been thru the sheriff sale already. So if you are short saling your home, No money for you. even tho you aren’t making a dime on the sale. I called and got an Oh Well this is the way it is. Good luck to anyone getting anything The person I spoke too, told me it is only 2 grand, why get upset????.

  4. TheHutMaster says:

    These CRIMINAL BANKS should be jailed, not given a Get Out of JAIL deal. The banks, along with the AG’s (especially Florida’s Bondi) should be tried, jailed, and then deported for TREASON. This scam is domestic TERRORISM and any sheriff that takes their oath seriously, should promptly ARREST those involved for Domestic Terrorism.

    These banks pose far greater of a threat to the American people, than Iran. I say (starting with bank of America), BREAK UP THE BANKS, take the pieces and place them with local banks, and jail the scum like Jamie Dimon. Of CHASE and the dirt bags at Wells Fargo..

    “Fight The Good Fight”
    Every Minute, Every Day.

  5. readdocs says:

    Once a fraud, always a fraud. Nevertheless what the courts decide today, tomorrow will
    see the truth outed and the courts reverse this decision.

  6. Jason Werner says:

    As a friend of the court, I do not see why we cannot occupy the court by filing “friend of the court” briefs to tell the real story and show the real damages.

    • lvent says:

      Jason Werner, I am afraid that if these judges continue to ignore the U.S. CONSTITUTION, THE U.S. BILL OF RIGHTS and THE RULE OF LAW OF THIS GREAT LAND …AND CONTINUE TO ACT LIKE A NAZI COMMIE DICTATORSHIP and keep imposing NAZI COMMIE IDEOLOGIES on THE AMERICAN PEOPLE..WHO FUND AND PAY FOR EVERYTHING IN THE UNITED STATES OF AMERICA…INCLUDING THEIR RIGHT TO SIT ON THAT BENCH……then what this entire UNCONSTITUTIONAL and ILLEGAL FRAUDCLOSURE SCAM may come down to is a complete rejection of ALL OF THEM, BY WE THE PEOPLE, and ALL of their evil COMMIE, NAZI PLANS FOR THE AMERICAN PEOPLE and all of their evil plans for the complete CRIMINAL AND UNCONSTITUTIONAL AND ILLEGAL DESTRUCTION OF THE NATIONAL SOVEREIGNTY OF THE UNITED STATES OF AMERICA by these NWO GLOBALIST NAZI COMMIES…..and non-compliance and non-particiaption in this UNCONSTITUTIONAL AND ILLEGAL COMMIE IMPOSED TYRANNY…. by WE THE PEOPLE.. a boycott of the fraudclosure courts and Occupying our homes…GUTS, GUNS, GOD…!

      These Judges ARE NOT FOLLOWING THE RULE OF LAW IN THESE COURTROOMS….I HAVE WITNESSED THIS FIRST HAND…THEY ARE USING CRIMINAL DECEPTION IN ORDER TO CARRY OUT THESE FRAUDCLOSURES….! These Judges are CRIMINALLY, ILLEGALLY AND UNCONSTITUTIONALLY FRAUDCLOSING on the AMERICAN PEOPLE and stealing our homes and businesses that WE THE PEOPLE PAID FOR AND FUNDED, AND THEREFORE these judges have NO LEGAL RIGHT TO TAKE…. and the lawyers who claim to be representing WE THE PEOPLE are who are preying on unsuspecting Americans fighting fraudclosure by giving them loan mods or talking them into short sales or just not fighting for our property rights and are aiding and abetting these fraudclosures by lying to the people and covering up this NWO GLOBALIST, NAZI COMMIE UNCONSTITUTIONAL AND ILLEGAL CRIME OF THE CENTURY…….!

      JUST LIKE WHAT OCCURED IN NAZI GERMANY…TOO MANY AMERICANS…DO NOT GET IT…AND ARE WAY TOO TRUSTING OF THE GOVERNMENT AND OUR LEGAL SYSTEM AND DO NOT REALIZE THE SIZE AND SCOPE OF THE FRAUD AND CORRUPTION AND WHY IT IS OCCURRING AND THAT IS OCCURRING IN ORDER TO SNEAK IN COMMUNISM AND THEN NAZI COMMUNIST CONTROLLED TOTALITARIANISM…. ALL OF THIS IS BEING DONE UNCONSTITUTIONALLY AND ILLEGALLY IN ORDER TO STEAL OUR NATIONAL SOVEREIGNTY…..TOO MANY AMERICANS ARE STILL BELIEVING THEIR MASSIVE, CRIMINAL LIES, DECEPTIONS AND FRAUD…. LIKE THEY CANT WIN…BECA– USE THE AMERICAN PEOPLE DO NOT KNOW THE TRUTH IS…THAT WE THE PEOPLE ARE THE ONLY LEGAL TITLE HOLDERS TO OUR PROPERTY…AND IT IS THE FEDERAL RESERVE AND WALL STREET BANKSTER CROOKS WHO DO NOT WANT TO PAY BACK THE AMERICAN PEOPLE WITH THEIR OWN ILL GOTTEN GAINS….

      PLEASE…DO NOT BE FOOLED BY THEM…. THE DOCUMENTED PROOF THAT WE THE PEOPLE ARE THE ONLY TRUE AND LEGAL OWNERS IS IN THE FACT…THAT WE THE PEOPLE ALL HAVE THE STAMPED, PAID WARRANTY OR TRUST DEEDS IN OUR POSSESSION…SINCE THE ORIGINATION FRAUD OCCURRED…….AND THE TRUTH IS THAT THESE FEDERAL RESERVE BANKSTER CROOKS NEVER LENT US ANY MONEY…THE AMERICAN PEOPLE LENT OUR MONEY TO THEM AT THE ORIGINATION VIA AN UNCONSTITUTIONAL AND ILLEGAL SCAM WITH THE U.S. TREASURY DEPT UNDER LARRY SOMMERS AND HANK PAULSON AND THE CLINTON AND BUSH ADMINISTRATIONS…THAT IS WHY THE ORIGINATION FRAUD OCCURRED…AND THESE DEEDS ARE ONLY SECURED TO ALL OF US…THE AMERICAN PEOPLE.. !

      Even the fact that these FED RESERVE BANKSTER CROOKS are trying to FRAUDCLOSE on the FEE SIMPLE DEED…IS A SHAM AND A FRAUD….THEY DO NOT LEGALLY HOLD TITLE TO OUR LAND…THEY HIJACKED IT UNDER RICHARD M. NIXON…UNDER THE GUISE OF MONEY LENDING…AND THEY NEVER LENT US ANY MONEY…!! AND THESE CROOKS NEVER PAID FOR IT….OR ANYTHING….

      ;…..THE AMERICAN PEOPLE DID…AND THEY HAVE US ALL BRAINWASHED INTO RENTING OUR LAND VIA PROPERTY TAX FRAUD….WE NEED A NATIONWIDE PROPERTY TAX REVOLT AS WELL….!!

      THE AMERICAN PEOPLE BETTER WAKE UP AND REALIZE THAT EVERYTHING THAT THESE CRIMINALS TOLD IS ALL TO BELIEVE IS AN UNCONSTITUTIONAL AND ILLEGAL SHAM AND A FRAUD AND THIS EVIL PLAN ALL BEGAN WHEN CONGRESS FRAUDULENTLY INDUCED THE FEDERAL RESERVE BANK IN 1914….!!

      THE AMERICAN MUST GET EDUCATED…AND REALIZE THAT THE U.S. TAXPAYERS FUND AND PAY FOR EVERYTHING THAT THESE NWO GLOBALIST NAZI COMMIES DO….AND WE THE PEOPLE DO NOT OWE THEM A DIME…THESE FEDERAL RESERVE BANKSTER CROOKS AND WALL STREET CROOKS OWE THE AMERICAN PEOPLE GAGILLIONS…AND ALL OF OUR LAND AND ALL OF OUR HIJACKED STOLEN WEALTH …LIKE OUR NATURAL RESOURCES….WAKE UP AMERICA…!!! …

      PLEASE EDUCATE YOURSELVES…!!!
      AND STAND UP FOR YOUR RIGHTS…AND KNOW THAT EVERYTHING THAT THESE NWO GLOBALIST NAZI COMMIES BELIEVE IS JUST THE OPPOSITE OF WHAT OUR FOUNDING FATHERS WANTED FOR ALL AMERICANS…AND THEY HATE OUR U.S. CONSTITUTION, OUR U.S. BILL OF RIGHTS AND ALL LAWS THAT PROTECT ALL OF US UNDER THE LAWS OF THIS LAND, AS WELL AS OUR RIGHT TO BEAR ARMS….HERE IN THE UNITED STATES OF AMERICA…!!!

      THEY BELIEVE IN IS EVERYTHING THAT GOES AGAINST GOD AND THE U.S. CONSTITUTION AND THE U.S. BILL OF RIGHTS…
      PLEASE, PLEASE, PLEASE…..DO YOUR HOMEWORK AMERICA….READ THE PRELIMINARY DRAFT OF THE WORLD CONSTITUTION…THEIR PRELIMINARY PLAN FOR GLOBAL COMMUNIST TOTALITARIANISM…ANYTHING WITH A MICROCHIP GOES AGAINST THE WILL OF GOD…INCLUDING DEBIT AND CREDIT CARDS…ANY CREDIT ISSUED BY THE FEDERAL RESERVE BANKSTERS IS REALLY CREDIT ISSUED TO THEM BY THE U.S. TAXPAYERS VIA THE U.S. TREASURY DEPTS…!! GOOGLE THE WORDS…WORLD CONSTITUTION AND PARLIAMENT…

      THIS IS TRUE EVIL AND IT IS COMMUNISM AND TOTALITARIANISM AND IT IS ON
      ALL OF OUR DOORSTEPS DISGUISED AS ….
      FRAUDCLOSURES…AND FREE MARKET CAPITALISM AND GLOBALIZATION AND MONEY LENDING AND TOO BIG TO FAIL AND MANY OTHER LIES…!!
      http://www.worldbeyondborders.org/chicagodraft.htm

      • J. Alonzo says:

        Whats you say is true. The American people are worried about what candidate cares about, abortion, gay marriages and all the other B/S Yet we keep electing and accepting the abuse from these Neocons. They let the banks run fraud through are court system. They want more wars to police the world, while the sheeples children give their lives for oil. They print money which causing are dollar to be worthless. Both Democrats and Republicans are responsible for this. We need to wake up and vote for freedom. Vote to get these corrupt politicians out of office before all our civil rights are completely gone one day. Its to bad everyone is worried about getting the New Ipad they really cant afford, nor need.

  7. Charles Deihl says:

    Where is the Publics Vote on these issues that Destroyed alot of Peoples Lives & Communitys,Citys,Countys & States ? We ALL were the Victoms,not these Elected Officials that are making these backroom Deals on the Backs of every Tax Payer out there !!!!

  8. Can we all give a rousing “Ho, hum …”? -Yawn-

  9. mario kenny says:

    makes sense the federal court is where we are going to fight the banks, so they are blocking the federal way out for us by doing this, I think this is something to be very mindful with, it would be easy for the federal court to use that settlement to institute rules that block homeowner litigation on certain issues.

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