Michigan Foreclosure Prevention Legislation Signed by Gov. Snyder

Booher’s foreclosure prevention legislation signed by Gov. Snyder LANSING — Gov. Snyder signed legislation on Friday to help Michigan homeowners avoid foreclosure. The Legislation was sponsored by Sen. Darwin Booher, R-Evart. “The impact of a foreclosure on the family and the entire community is devastating,” said Booher. “The psychological and financial effect on families is … Read more

The Young Turks | Neil Barofsky: Without another financial crisis, President Obama is unlikely to prosecute ‘too big to jail’ banksters

Neil Barofsky: Without another financial crisis, President Obama is unlikely to prosecute ‘too big to jail’ banksters Cenk Uygur and Neil Barofsky, former Troubled Asset Relief Program special inspector general, discuss how HSBC managed to escape charges of helping drug trafficking organizations launder money without any criminal prosecution. “It is another form of bailout,” Barofsky … Read more

FL Judge ALAN R. SCHWARTZ To Foreclosure Defense Attorney: You Will Have A Short And Unhappy Career…

Judge To Foreclosure Defense Attorney: You Will Have A Short And Unhappy Career… Outrageous is all I can say…that, and I’m sad for this profession of law, for our court system, and for the people of this formerly great nation who now live in a country much different than what we we’re all promised as … Read more

Liz Coursen, A Sarasota Author, Sues JPMorgan Chase (WAMU) for Racketeering Over Fraudclosure

“The pattern of racketeering included at least two acts, transmission through the use of mail of fake assignments of mortgage and fictitious corporate signatures,” the judge wrote in a 14-page order issued in early August. Coursen “must be afforded the opportunity to prove the allegations through the discovery process.” ~ Sarasota author suing biggest U.S. … Read more

FBI Report Mentions Plot To Kill Occupy Protesters Via Suppressed Sniper Rifles

Revelations from the Occupy FOIA request. An identified [redacted] of October planned to engage in sniper attacks against protestors in Houston, Texas, if deemed necessary. An identified [redacted] had received intelligence that indicated the protesters in New York and Seattle planned similar protests in Houston, Dallas, San Antonio, and Austin, Texas. [Redacted] planned to gather … Read more

As Foreclosure Crisis Drags On, So Does Flawed Government Response

As Foreclosure Crisis Drags On, So Does Flawed Government Response by Paul Kiel ProPublica As the sixth year of the foreclosure crisis comes to an end, the percentage of loans in foreclosure remains a staggering eight times higher than it was in 2005. About 5.3 million homeowners u2014 about 11 percent of all borrowers u2014 … Read more

Government and Big Banks Joined Forces to Violently Crush Peaceful Protests

Mussolini Would Call It Fascism The definition of fascism used by Mussolini is the “merger of state and corporate power“. Government and the big banks are in a malignant, symbiotic relationship. And our economy now exhibits a merger of state and bank power. Prominent economist Robert Kuttner said in 2009: What we have is something … Read more

Independent Foreclosure Review Scrapped On Eve Of Critical Watchdog Report, Congressman Says

“The data suggests that of the 4 million families who lost their homes to foreclosure since the housing crash, more than 400,000 had some bank-caused problem in their loan file.” ~ Foreclosure Review Scrapped On Eve Of Critical Watchdog Report, Congressman Says The surprising decision by regulators to scrap a massive and expensive foreclosure review … Read more

Blanket Settlement Expected on Past Fraudclosure Abuses in Home Loans

Settlement Expected on Past Abuses in Home Loans Banking regulators are close to a $10 billion settlement with 14 banks that would end the government’s efforts to hold lenders responsible for foreclosure abuses like faulty paperwork and excessive fees that may have led to evictions, according to people with knowledge of the discussions. Under the … Read more