Washington Post – 7 major lenders ordered to review foreclosure procedures

CITIBANK: It has strong training to ensure that employees in its foreclosure group are aware that they should have personal knowledge of the information in documents that require this before signing… ~ That spin reminds me of, “I did not have sexual relations with that woman.” Bill Clinton ~ 7 major lenders ordered to review … Read more

Re-Introducing Angela Nolan of JP Morgan Chase – Another form of Robo Signer – AutoPen

Q    Do you know about a requirement that allonges be permanently affixed to notes? ~ A    That’s–  I believe that was a Fannie Mae requirement that was eliminated several years ago. ~ Link -AutoPen… This deposition, originally posted last March, reveals another form of “Robo Signer”, a computer generated document, complete with a “real” signature … Read more

JP MORGAN INSIDER – “CHASE is in the Foreclosure Business, NOT the Modification Business.”

INSIDE CHASE and the Perfect Foreclosure “JPMorgan CHASE is in the foreclosure business, not the modification business’.”  That, according to Jerad Bausch, who until quite recently was an employee of CHASE’s mortgage servicing division working in the foreclosure department in Rancho Bernardo, California. I was recently introduced to Jerad and he agreed to an interview.  … Read more

Liening on Banks – Check out this LoopHole to Extinguish Second Mortgages

Second mortgages are next housing banking crisis Well well well.. Lookie here. Some excerpts from the NY Post Liening on Banks Underwater homeowners are jumping onto an unexpected financial life raft that lets them escape crippling second mortgage debts and keep their homes — Chapter 13 bankruptcy. How it works is this: If the home … Read more

Virtually All The Wall Street Banks Under Investigation – Defend Your Foreclosure!

Matthew Weidner with the commentary… The names of the Plaintiffs who are foreclosing on our neighbors across the county, by and large are not names that you recognize as your local banking or lending operations.  They are not, in most cases, the name of the lender that wrote the mortgage or lent the money.  The … Read more