Lack of a “Foreclosure Wave” Determined By Banks

Lack of a “Foreclosure Wave” Determined By Banks Here’s a pretty jerky victory lap clearly planted by the mortgage lending industry, with the boastful title “Foreclosure Wave Averted as Doomsayers Defied.” Let’s hear this out for a second. When banks pulled back on foreclosures two years ago following a government investigation into allegations of faulty … Read more

Kung Fu Expert Beats Up Mob of 50 Trying to Evict Him

To understand the background of the incident – and the plight of Chinese homeowners attempting to resist eviction when the government wants to build something on their land – watch this short video above. Now that you’ve got the background, you’re ready for the story from the Telegraph on the Kung Fu hero: When 38-year-old … Read more

Class Action RE Debt Collection – PEDERSON v. LAW OFFICES OF DANIEL C. CONSUEGRA

Class Action RE Debt Collection – PEDERSON v. LAW OFFICES OF DANIEL C. CONSUEGRA Class Action case filed in federal court last week….. against DANIEL C. CONSUEGRA, P.L.  Regarding their October 2012 debt collection letters sent on behalf of their client, Suntrust, to foreclosure defendants. Filed on 11/23/12 2:12-cv-14422-JEM PEDERSON v. LAW OFFICES OF DANIEL … Read more

Wells Fargo Foreclosure Practices Lawsuit Not Barred by Earlier Deal, U.S. Says

Wells Fargo Lawsuit Not Barred by Earlier Deal, U.S. Says Wells Fargo & Co. (WFC) can be sued in a federal lawsuit in New York over mortgage foreclosure practices without violating the terms of a settlement reached with the bank in another case, the Justice Department said. The department, in a filing yesterday in federal … Read more

Federal Judge Says FHFA Cases Against Banks Can Proceed

Federal judge says FHFA cases against banks can proceed NEW YORK, Nov 28 (Reuters) – A U.S. judge kept alive a federal regulator’s lawsuits against big banks including Credit Suisse Group AG and Bank of America Corp over allegations they misled Fannie Mae and Freddie Mac into purchasing billions of dollars worth of risky mortgage … Read more

Home Prices Seen Dropping 10% in U.S. on Foreclosures: Mortgages

Home Prices Seen Dropping 10% in U.S. on Foreclosures: Mortgages As many as 1.25 million of America’s least cared for homes are headed for auction after a year-long probe into foreclosure practices kept them off the market. Sales of repossessed properties probably will rise 25 percent this year from 1 million in 2011, according to … Read more

Animal Control Officer Killed, Bank Rep Injured by Shotgun Blast from Foreclosed Home

Animal control officer killed, bank representative injured by shotgun blast from foreclosed home GALT – A Sacramento County animal control officer has been killed and a bank representative wounded as they were trying to deal with a pet or pets left inside a home that fell into foreclosure. The former occupant of the home on … Read more

Lee Camp | The Most Powerful Psychopaths In The World

The Most Powerful Psychopaths In The World There are many incredibly powerful psychopaths in our society. They’re respected and loved and honored. You can spot them simply by looking at their bank accounts. [more at LeeCamp.net] ~ 4closureFraud.org Tweet

Felony Complaint | THE PEOPLE OF THE STATE MICHIGAN v LORRAINE O’REILLY BROWN (DOCX)

DOCX (LPS) COMPLAINT AGAINST LORRAINE BROWN ~ 4closureFraud.org Tweet

The Florida Bar Journal – Notes Are NOT NEGOTIABLE: A Critical Look at the Role of Negotiability in the Foreclosure Crisis

Negotiating the American Dream: A Critical Look at the Role of Negotiability in the Foreclosure Crisis by Thomas Erskine Ice Contemporary negotiable instruments law developed hundreds of years ago, before every important institution of the modern financial world: incorporated banks, business corporations, developed capital markets, global monetary systems, electronic transfers, and even paper currency.1 It … Read more

NOW You Noticed? (Student Loans)

The Market Ticker – NOW You Noticed? (Student Loans) I don’t know whether the laugh, cry, or wish for (another) hurricane or other natural disaster to destroy the clown-car brigade involved in this intentional, rabid and outrageous assault on our young people. Payments on 11% of student-loan balances were 90 or more days behind at … Read more

Richard Castaldo, Columbine Survivor, Fought for His Life 13 Years Ago, Now He Fights His Foreclosure

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The 2nd Circuit’s abiding fascination with MBS class certification

The 2nd Circuit’s abiding fascination with MBS class certification For investors, mortgage-backed securities class actions have, in the main, been a disappointment, with settlements in a half-dozen cases netting just pennies for every dollar of losses sustained by noteholders. But even as the last dozen or so pending MBS class actions plod toward a conclusion, … Read more

Rule of Law index: U.S. Ranks Low In Access To Justice Compared To Other Wealthy Nations

Rule of Law index: U.S. Ranks Low In Access To Justice Compared To Other Wealthy Nations Access to justice is a core American value. But a new survey of the rule of law across the globe finds that the U.S. ranks surprisingly low relative to its high-income peers in terms of access to legal counsel … Read more

Home Equity Loans Make Comeback Fueling U.S. Spending

  Home Equity Loans Make Comeback Fueling U.S. Spending Home equity lines of credit that fueled a spending spree during the U.S. property boom are back. After six years of declines, lending for so-called Helocs will rise 30 percent to $79.6 billion in 2012, the highest level since the start of the financial crisis in … Read more

Defending Foreclosure Actions

Defending Foreclosure Actions Abstract: With the rising incidences of residential foreclosures, many homeowners are overwhelmed by the foreclosure process and anticipated costs and often opt to vacate the premises without offering any defense. The American justice system rests on the premise that no person will be deprived of their liberty or property without due process. … Read more

We Dedicate this Song to All the Families that were Defrauded By Lender Processing Services (LPS) DOCX

Via YouTube / timmiller.com Writing for the next release – here’s the latest. Best viewed at 1080p HD. For more info: http://www.timmiller.com. A little while back I listened to an interview on the radio involving predatory lending practices. On one side, they had a family on the verge of being homeless because of these predatory … Read more

HIGHLY CONFIDENTIAL | Full Deposition of BRIAN T. MOYNIHAN In The Matter of: MBIA INSURANCE CORPORATION v. COUNTRYWIDE HOME LOANS, INC

No Evidence He Was Stoned, But Bank of America CEO Brian Moynihan Apparently Doesn’t Remember Much of the Last Four Years Thank God for Bank of America CEO Brian Moynihan. If you’re a court junkie, or have the misfortune (as some of us poor reporters do) of being forced professionally to spend a lot of … Read more

Lorraine Brown DOCX Indictments – Lender Processing Services (LPS) Gets Off The Fraud Hook (VIDEO)

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Deutsche Bank: Universal Banks are a Benefit to Society. Really?

Deutsche Bank: Universal Banks are a Benefit to Society. Really? A gentleman named Jan Schildbach of Deutsche Bank (DB) has published a research report “Universal banks: Optimal for clients and financial stability; Why it would be wrong to split them up.” This report is remarkable for many reasons, but not because it makes a convincing … Read more