Chicago Explores Eminent Domain Mortgage Seizure for Underwater Properties

Posted by 4closureFraud on July 27, 2012 · 6 Comments 

City of Chicago Ordinances Eminent Domain On July 25, the City of Chicago City Council heard a resolution calling for a “hearing concerning the implementation of a program under which the City of Chicago would acquire underwater mortgages through eminent domain.” Eminent Domain The resolution states “that the Corporation Counsel, the Commissioner of the Department … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

Cummings Issues Statement on DOJ, OCC Settlement Against Capital One for Violating the Rights of Servicemembers

Posted by 4closureFraud on July 27, 2012 · 3 Comments 

Cummings Issues Statement on DOJ, OCC Settlement Against Capital One for Violating the Rights of Servicemembers Washington, DC (July 26, 2012)—Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, issued a statement today in response to an announcement by the Department of Justice and the Office of the Comptroller … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

KABOOM | COURSEN vs JP MORGAN CHASE, FIDELITY NATIONAL FINANCIAL (FNF) MTD DENIED – RICO, Racketeering, Perjury, Fraud, Sham, Fabricated, Manufactured Evidence

Posted by 4closureFraud on July 27, 2012 · 4 Comments 

UNITED STATES DISTRICT COURT MIDDLE DISTRICT OF FLORIDA TAMPA DIVISION ELIZABETH H. COURSEN, Plaintiff, v. JP MORGAN CHASE & CO., et al., Defendants. Motion to Dismiss DENIED – RICO, Racketeering, Perjury, Fraud, Sham, Fabricated, Manufactured Evidence BIG, BIG, BIG WIN A FLA Fed court accepted arguments of “manufactured default” allowed discovery to establish that FNF, … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, Front Page, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

Numerous Top Bankers Call for Break Up of Giant Banks

Posted by 4closureFraud on July 27, 2012 · 5 Comments 

Banking Titans Call for Break Up of “Too Big to Fail” The following bankers are calling for the big banks to be broken up: Former Citi CEO Sandy Weill Former Citi CEO John Reed Former Citi chairman Richard Parsons Former Merrill Lynch chairman and CEO David Komansky Former Morgan Stanley CEO Philip Purcell Former managing … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud