Got ‘Em! – Prosecution of Foreclosure Fraud Hits High Gear in Stanislaus County, California

  Prosecution of foreclosure fraud hits higher gear in Stanislaus County STANISLAUS COUNTY — Authorities appear to be taking foreclosure fraud prosecution to a new level in Stanislaus County, with possible implications elsewhere in California. A Turlock couple face felony charges of trying to stall foreclosure of their property by filing phony documents with the … Read more

Historic Church Tied to MLK Continues to Fight Impending Foreclosure

Historic church members remain optimistic in face of foreclosure It is a church deeply rooted in history and the civil rights movement in St. Augustine. Dr. Martin Luther King Jr. rallied marchers at St. Mary’s in the 1960s. Almane Lowndes, now nearly 100 years old, can still remember that day. “Words can’t express how I … Read more

Former Secretary of HUD Henry Cisneros: The Nation Underestimated Impact of Foreclosure Crisis

Henry Cisneros: The nation underestimated impact of foreclosure crisis A former Secretary of Housing and Urban Development, Henry Cisneros believes the banking sector has not done all they could in the foreclosure crisis The debate over the real estate bubble and the consequential foreclosure wave that swept the nation has been reinstated as regulators announced … Read more

Increased Foreclosure Rates Approaching

Increased Foreclosure Rates Approaching Foreclosures slowed between a peak in 2010 and the close of 2012 due to pending legal action against big banks and growing demand by the federal government that foreclosure practices be better executed and monitored. Now that settlements have been reached and a U.S. housing recovery is in progress, however, many … Read more

That Robo-Signing Gal: Fake Girlfriends, Real Damages – 800,000 Foreclosures that Should have been Avoided

Fake girlfriends, real damages It is with a heavy heart that I dedicate this column to my dead, fake girlfriend. Had she existed, Drucilda’s dying words would have been, “Go into that office (wheeze) and write (cough, cough) like you’ve never written before (gurrgh).” My editors usually complain that my writing reads like I’ve never … Read more

Lawsuit: Law Office Charged Me Ten$ of Thousand$ for Foreclosure Defense, Yet Had Me File As ‘Pro Se’ Defendant

The Worst Law Office in the World? CHICAGO (CN) – A “foreclosure defense” office charged a client $41,000 for “filing fees” and charged her for filing her own legal work, telling her filing pro se would “give her an advantage” on appeal, the woman claims in court. Lori Lappas sued Illinois Foreclosure Defense LLC and … Read more

‘Four Horsemen’ Trailers: Leading Economists Explain 1%’s Criminal Fraud

Four Horsemen is a new 98-minute documentary of 23 leading economic voices explaining how banking/financial elite transfer trillions of dollars to themselves through privilege of creating what we use for money as debt that they make out of nothing, and then using this debt-money to earn interest and gamble. The two trailers are here and … Read more

Michigan Supreme Court Justice Diane Hathaway Charged With Criminal Bank Fraud

Diane Hathaway, Michigan Supreme Court Justice, Charged With Fraud DETROIT — Federal prosecutors have filed a fraud charge against Michigan Supreme Court Justice Diane Hathaway, just a few days before she leaves the state’s highest court in a scandal involving the sale of a Detroit-area home and suspicious steps taken to conceal property in Florida. … Read more