IN THE MATTER OF CARLOS MOTA: Adversary Complaint Against Wells Fargo and its Foreclosure ‘Fraud’ Manual

IN THE UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK MANHATTAN DIVISION ——————————————————————-X IN THE MATTER OF CARLOS MOTA,                                                                            CASE NO: 10-13989(shl) DEBTOR ——————————————————————-X CARLOS MOTA, Plaintiff v. WELLS FARGO BANK, NA, and HSBC BANK USA NATIONAL ASSOCIATION AS TRUSTEE FOR WELLS FARGO ASSET SECURITIES CORPORATION, MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2006-8 COMPLAINT Defendants. —————————————————————-X … Read more

Moving Back in with Parents Becomes More Common for the Middle-Aged

Moving in with parents becomes more common for the middle-aged The number of Californians 50 to 64 who live in their parents’ homes has surged in recent years, reflecting the grim economic aftermath of the Great Recession. Debbie Rohr lives with her husband and twin teenage sons in a well-tended three-bedroom home in Salinas. The … Read more

Wells Fargo Foreclosure ‘Fraud’ Manual on Trial in Federal Court

Wells Fargo Foreclosure Manual on Trial Wells Fargo just lost the battle to keep its controversial Wells Fargo Home Mortgage Foreclosure Attorney Procedure Manual out of federal court. Wells Fargo is in a federal judge’s hot seat. America’s largest mortgage servicer just lost the battle to keep its controversial Wells Fargo Home Mortgage Foreclosure Attorney … Read more

What Happened to the Middle Class?

What Happened to the Middle Class? Restaurants like Olive Garden and Red Lobster are struggling, while high end dining is flourishing. At GE, demand for high-end dishwashers is racing ahead of sales growth for mass-market models. This leaves the question, what happened to the middle class? Generally the Middle-Class is thought of as making <$100,000 … Read more

Depositor In Failed Bank Loses It, Takes Hostages, Demands $700,000 Ransom

Depositor In Failed Bank Loses It, Takes Hostages, Demands $700,000 Ransom As RT reports, “he may be a client of the bank wishing to withdraw his deposit despite the bank losing its license…..Life News tabloid says it has identified one of the attackers as 46-year-old Aleksandr Vdovin, a client who holds the bank’s promissory notes … Read more

Are You Earning a Living Wage? (infographic)

Source: Accountingschoolguide.com 1. Adjust the slider at the bottom to match your wage. 2. On the left, select how many adults and children are in your household. 3. Select a state to see where you fall between a poverty wage and a living wage. – States that are brighter mean that you would earn closer … Read more

Happy Easter!

~ 4closureFraud.org Tweet

U.S. Regulators Examining Departures at Mortgage Electronic Registrations Systems (MERS)

U.S. Regulators Examining Departures at Mortgage Registry As the rest of the housing industry recovers, a little-known firm with a key role in U.S. mortgage finance remains stuck in limbo, wrestling with regulators, lawsuits and the departures of senior employees. The turbulence feeds uncertainty about the fate of Mortgage Electronic Registrations Systems Inc., or MERS, … Read more

Foreclosure Starts Up, Mortgage Originations Plunge To Lowest On Record

Foreclosure Starts Up, Mortgage Originations Plunge To Lowest On Record New mortgage originations fell over 23% month-over-month and a stunning 47% year-to-date according to Black Knight (formerly LPS). As they show in their detailed presentation, with a 65% year-over-year drop, new mortgage originations are at their lowest since their records began and what is perhaps … Read more

Foreclosure Fight Club: You Want Our Clients’ Houses? MOLON LABE!

Foreclosure Fight Club: You Want Our Clients’ Houses?  MOLON LABE! Cross-posted from The Law Offices of Evan M. Rosen By Evan M. Rosen The other night my wife and I saw the movie “300: Rise of an Empire.” It’s an expansion of the story behind the movie “300,” part prequel, part sequel.  The first of … Read more

“If You Don’t Have The Documents, Perhaps You Just Don’t Have The Right To Foreclose”

Watch the latest video at video.foxbusiness.com “IF YOU DON’T HAVE THE DOCUMENTS, PERHAPS YOU JUST DON’T HAVE THE RIGHT TO FORECLOSE.” Cross-posted from LIBERTY ROAD MEDIA In this largely friendly Fox Business piece from The Willis Report with host Gerri Willis, attorney Linda Tirelli alleges–as do we here at LRM–that Wells Fargo is in fact … Read more

Wells Fargo Foreclosure ‘Fraud’ Manual Under Fire

Wells Fargo foreclosure manual under fire Wells Fargo created an elaborate guide for how to produce missing documents to foreclose on homeowners, according to a lawsuit that has caught the attention of state and federal regulators. The bank denies wrongdoing, but the allegations rekindle claims that lenders, including Wells Fargo, used forged and shoddy paperwork … Read more

Foreclosure Fraud is Still Rampant. In Fact, it is More Brazen Than Ever!

Full details to come in the next few days on how to steal someone’s (a disabled vet) home…   PS This tops anything we have seen on an individual case to date. Beyond egregious. TBC… ~ 4closureFraud.org Tweet

Former Marshall Watson (Choice Legal Group) Robo-Signers, Patricia Arango and Caryn Graham, Suspended by Florida Bar

FOR IMMEDIATE RELEASE January 31, 2014 CONTACT: Karen Y. Kirksey; kkirksey@flabar.org TELEPHONE: (850) 561-5666  The Florida Bar  SUPREME COURT DISCIPLINES 21 ATTORNEYS Summaries of orders issued Nov. 13 – Dec. 13, 2013   The Florida Bar, the state’s guardian for the integrity of the legal profession, announces that the Florida Supreme Court in recent court orders disciplined 21 … Read more

Everyone Knows Plaintiff Owns the Loan, You Can Look It Up Online!

Know the Law, the Rules of Evidence and Procedure, the Facts and Don’t Give Up! Cross-posted from the Law Offices of Evan M. Rosen We won another trial recently.  Both the Plaintiff and the original lender were Suntrust.  For some reason, the Plaintiff moved to substitute to Fannie at the outset of trial.  I argued … Read more

Protect This House: The Value of a Building and Contents Policy

Protect This House: The Value of a Building and Contents Policy HBF home and contents insurance policies are intended to make your return to normalcy easier in the event of a fire, burglary or other adverse event. Building insurance covers damages to your dwelling structure itself, such as the walls or roof, while contents insurance … Read more

Robo-Zombies Attack! Full Deposition of Victoria Scott: Sham Verification of a Foreclosure Complaint

Robo-Zombies Attack! Robo-Signing Just Won’t Die Another great depo of a Robo Verifier who pretty much knows nothing about a foreclosure case… (be sure to check out the full depo below for the pre-fight, fight) The deposition of Victoria Scott took place on November 20, 2013, during which time Evan questioned Ms. Scott about her … Read more

AP IMPACT: The World Braces for Retirement Crisis

AP IMPACT: The world braces for retirement crisis WASHINGTON (AP) — A global retirement crisis is bearing down on workers of all ages. Spawned years before the Great Recession and the financial meltdown in 2008, the crisis was significantly worsened by those twin traumas. It will play out for decades, and its consequences will be … Read more

Pending Home Sales Plunge At Fastest Pace Since April 2011

Pending Home Sales Plunge At Fastest Pace Since April 2011 For the 5th month in a row, pending home sales missed expectations (though a silver lining is a positive print MoM – breaking a 5-month streak). Year-over-year, home sales collapsed at 4% – its worst drop since April 2011, and that even after prior data … Read more

Meet Wall Street: Your New Landlord – Blackstone’s Big Bet on Rental Homes

Blackstone’s Big Bet on Rental Homes The Blackstone Group LP, the world’s largest private equity firm, became the largest owner of rental homes in the U.S. , acquiring 41,000 homes in the past two years. In October, Blackstone offered the first-ever “rental-home-backed” security on Wall Street. The bond is backed by just a fraction — … Read more