NY Times – Document Flaws Have Put Brakes on Foreclosures

Flaws, how about FRAUDS! Other lenders said Thursday that their foreclosure procedures were proper. Properly full of SHIT! But, a spokesman for Bank of America, Rick Simon, said, “We do not have anything to tell you at this time.” ~ By DAVID STREITFELD Published: September 30, 2010 The foreclosure machinery that has forced millions of … Read more

[VIDEO] Fraud Factories: Rep. Alan Grayson Explains the Foreclosure Fraud Crisis, Shows Examples of Forgeries and Fraud

WOW ~ Fraud Factories: Rep. Alan Grayson Explains the Foreclosure Fraud Crisis ~ “Their is one set of rules for the banks and another set of laws for everyone else” “THE EASIEST WAY TO MAKE A BUCK IS TO STEAL IT” ~ 4closureFraud.org ~ “I haven’t seen any widespread problem” Sasser said

Al Franken Letter to the Justice Dept, Treasury – Investigate Foreclosure Irregularities and Criminal Misconduct

Now we are talkin… CRIMINAL MISCONDUCT Al Franken Letter to the Justice Dept, Treasury RE Foreclosure Fraud ~ 4closureFraud.org “I haven’t seen any widespread problem” Sasser said

Too Bad, So Sad – GMAC / Ally No Longer Sending New Referrals to Florida Default Law Group

Just in case you missed this in the Washington Post Article this morning… Lisa Nason, a spokeswoman for the Florida Default Law Group, said the firm will not comment on active cases. In regards to the state investigation, she said the company is “confident it will continue to be vindicated as a high-quality law firm.” … Read more

ProPublica – GMAC’s ‘Robo-Signers’ Draw Concerns About Faulty Process, Mistaken Foreclosures

GMAC’s ‘Robo-Signers’ Draw Concerns About Faulty Process, Mistaken Foreclosures by Marian Wang ProPublica Several states are investigating and others have ordered a freeze on foreclosures by Ally Financial’s GMAC mortgage unit after the company said last week it was suspending foreclosure evictions and sales in 23 states due to “a procedural error” that could require … Read more

Bloomberg News Columnist – Banks Foreclose First, Ask Any Questions Later: Ann Woolner

Banks Foreclose First, Ask Any Questions Later: Ann Woolner Ann Woolner Sept. 16 (Bloomberg) — U.S. home seizures reached a record for the third time in five months in August as lenders completed the foreclosure process for thousands of delinquent owners, according to RealtyTrac Inc. Bloomberg’s Su Keenan reports. (Source: Bloomberg) There was a time, … Read more

Washington Post – Lost in the system that took the house

Lost in the system that took the house By Ariana Eunjung Cha and Brady Dennis Washington Post Staff Writers Tuesday, September 28, 2010; 11:06 PM Luis Fernandez’s foreclosure documents never looked quite right. Critical papers regarding his Orlando home were missing dates, and some signatures appeared to him to be forged. The mortgage had been … Read more

Oh Ohio – Attorney General Cordray Instructs Courts Throughout the State to Monitor GMAC Cases for Questionable Practices

Cordray Asks Ohio Judges to Carefully Review GMAC Foreclosure Cases 9/28/2010 (COLUMBUS, Ohio) — In a letter sent today to Ohio judges, Attorney General Richard Cordray has requested the state courts to make a special review of all foreclosure cases that involve GMAC Mortgage. The letter was sent in response to recent reports of questionable … Read more