Federal Home Loan Mtge. Corp. v Raia – Foreclosure Fraud, False Allegations, Assignment of Bid Sets Up Steven J. Baum, P.C Foreclosure Mill for Sanction Hearing

District Court of Nassau County, First District Federal Home Loan Mortgage Corp., Petitioner(s) against Paul Raia, “John Doe” Through “Jane Doe”, Respondent(s) SP 002253/10 REPRESENTATION: 4closureFraud dot org Steven J. Baum, P.C., Attorneys for Petitioner, 200 Northpointe Parkway, Suite G, Amherst, New York 14228, 716-204-2400; Jeffrey A. Seigel, by: Rudolph de Winter, of Counsel to … Read more

When Denying Loan Mods, Loan Servicers Often Wrongly Blame Investors

When Denying Loan Mods, Loan Servicers Often Wrongly Blame Investors by Karen Weise ProPublica Arthur and Alberta Bailey are about to lose their home near New Orleans, and their mortgage company says one thing stands in the way of relief: The investors who own their mortgage won’t allow any modifications. It’s a story heard again … Read more

PBS Need to Know – Elizabeth Warren on The Next Foreclosure Crisis

The 2,300 pages of the Restoring American Financial Stability Act of 2010 comes as home foreclosures have hit a historic high but another potential real estate crisis looms. Many commercial real estate loans will mature soon, and community banks will feel the strain if property owners can’t pay — much in the way bigger financial institutions … Read more

Keri Selman Robo-Signer Extraordinaire “MS. SELMAN IS A MILLINER’S DELIGHT BY VITUE OF THE NUMBER OF HATS SHE WEARS.” (Honorable Arthur M. Schack)

Who’s on First? KERI SELMAN In a decision dated July 23, 2007, Wells Fargo Bank, N.A. v. Gloria Byrd et al., Case No. A0700643, Court of Common Pleas, Hamilton County, Ohio, Keri Selman executed an Affidavit in Support of Summary Judgment on behalf of Wells Fargo Bank, N.A. The Court ruled on behalf of Wells … 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

Florida 4th DCA Rehearing of Riggs v Aurora = Justice Rigged?

Here is an interesting report from ForeclosureHamlet.org Riggs v Aurora = Justice Rigged? rigged –verb (used with object) to manipulate fraudulently to describe situations where unfair advantages are given to one side of a conflict to manipulate in a fraudulent manner, esp for profit to arrange the outcome of by means of deceit to swindle … Read more

Foreclosure Fraud to be Discussed on Nationally Syndicated Radio Show The Power Hour

JOIN US TOMORROW MORNING FOR HOURS OF RADIO TIME ON THE NATIONALLY SYNDICATED RADIO SHOW THE POWER HOUR. The show can be heard here Listen Live THURSDAY – JULY 8 – SPECIAL “Foreclosed Upon” FEATURE: Florida foreclosure activist and former guest on TPH LISA EPSTEIN (Foreclosure Hamlet) provides updates to the major headway, and the … Read more

National Mortgage Delinquency Rate Skyrockets to 9.2% LPS Mortgage Monitor

Month over Month Increase of 2.3%, Year over Year Increase of 7.9% ~ May Foreclosure Rate = 3.18% Year over Year Increase of 13.5% ~ Total Non-Current (including Delinquencies and Foreclosures) Florida 22.4% ~ Foreclosure Starts –Nevada and Florida are still the hot spots ~ JACKSONVILLE, Fla., July 6 /PRNewswire-FirstCall/ — The May Mortgage Monitor … Read more