And Then There Was Five – Connecticut Attorney General Investigating Defective GMAC/Ally Foreclosure Docs, Demands Halt To Its CT Foreclosures

Connecticut Attorney General’s Office Press Release Attorney General Investigating Defective GMAC/Ally Foreclosure Docs, Demands Halt To Its CT Foreclosures September 27, 2010 Attorney Richard Blumenthal announced today his office is investigating defective foreclosure documents filed by GMAC/Ally Finance, Inc. in Connecticut and demanding the company freeze all foreclosures in the state. “I am demanding a … Read more

Naked Capitalism – Florida’s Kangaroo Foreclosure Courts: Judges Denying Due Process on Behalf of Banks

It’s spreading… The article below is written by Yves Smith, if you do not know who this individual is, I suggest you  research the name. These comments are not coming from “some loose cannon”, or from some “unemployed housewife”, or from some “deadbeat borrower” or some “tin foil hat conspiracy theorist”. This is coming from, … Read more

The Market Ticker – Why Do YOU Obey The Law?

Why do you??? Why does anyone??? Really, why do you??? Think about it, really really think about it… “I haven’t seen any widespread problem” ~ I am not sure why anybody does anymore… From The Market Ticker ® The Market Ticker – Why Do YOU Obey The Law? I’ve got to ask. It’s a tough … Read more

Now This is FUNNY!!! Ally’s / GMAC’s New Campaign Replaces Commercials That Showed Bankers as Cheaters

HA ha ha HA ha HA ha he he Ha HA! The article below, Ally’s New Campaign Replaces Commercials That Showed Bankers as Cheaters, came out on Bloomberg at 7:00am Monday Sept 20, 2010, just about an hour before they reported on Ally’s GMAC Mortgage Halts Home Foreclosures in 23 States By Denise Pellegrini – … Read more

Bloomberg – Ally Said to Tell Freddie Mac of Faulty Foreclosures Weeks Ago

Ally Financial Inc.’s GMAC Mortgage unit told Freddie Mac that foreclosures by the auto and home lender might have been faulty weeks before halting its own evictions, according to two people briefed on the matter. Ally informed Freddie Mac on Aug. 25 that affidavits for court proceedings might not be valid, according to a person … Read more

Washington Post – Ally’s mortgage documentation problems could extend beyond 23 states

So yesterday I get an email from the Washington Post requesting some documents that Jeffrey Stephan signed in NON-Judicial states, since they are only halting their proceedings in 23 states, and sent some over… This morning I get a “Thank You Again!” from the reporter over at the post with a link to their latest … Read more

Washington Post Nails It! Amid mountain of paperwork, shortcuts and forgeries mar foreclosure process

Now this is what I call some kick ass journalism… We have been screaming about the massive frauds that have been perpetrated in our courts and against millions of Americans who are losing their homes for over a year and our efforts are finally paying off.. Check it out… It is blowing up!!! Amid mountain … Read more

GMAC, You Ain’t the Only One – Full Deposition of Beth Cottrell Chase Home Finance – Robo-Signer Extraordinaire

Q. So if you didn’t review any books, records, and documents or computerized records, how is it that you had personal knowledge of all the matters contained therein? ~ A. Well, I have personal knowledge that my staff has personal knowledge.  That is our process. Wow… She doesn’t know anything… She doesn’t even read ANYTHING! … Read more