Posted by 4closureFraud on August 18, 2010 · 1 Comment
An open letter to Louis Ranieri* My name is Michael Olenick. I’m the founder and owner of Legalprise, Inc. We work for foreclosure defense lawyers. Their clients face the same wall that yours do, from the same people, mortgage servicers who – using the verbiage defining right from wrong in our local courts – “[have] … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, bail out, bank fraud, cdo, cds, clouded title, foreclosure, Foreclosure Crisis, Foreclosure Fraud, INC, Legalprise, Louis Ranieri, MERS, Michael Olenick, mortgage backed security, mortgage electronic registration system, predatory lending, securities fraud, wrongful foreclosure
Posted by 4closureFraud on July 26, 2010 · 4 Comments
Ahhh but I say yes it is. He claims that the abuse of securitization is to blame. Well, I say if it is abusable, then securitzation IS to blame. “Securitization is not the villain. Abuses in securitization are to blame,” Mr. Ranieri wrote. In Mr. Ranieri’s view, the practice he invented wasn’t the culprit in … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, Front Page, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, bank fraud, bankruptcy, cdo, cds, conspiracy, criminal, Fannie Mae, foreclosure, Foreclosure Fraud, fraud, freddie mac, homeless, Lewis Ranieri, MERS, Michael Lewis, mortgage backed security, mortgage electronic registration system, Obama administration, predatory lending, Salomon Brothers, securities fraud, securitization, securitized, subprime, wall street fraud
Posted by 4closureFraud on July 22, 2010 · 2 Comments
From the letter… Discussion Pursuant to 12 U.S.C. § 371, national banks may “make, arrange, purchase or sell loans or extensions of credit secured by liens on interests in real estate, subject to * * * such restrictions and requirements as the Comptroller of the Currency may prescribe by regulation or order.” The OCC’s real … Read more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, securities fraud · Tagged with 12 U.S.C. § 371, 4closurefraud, CFA, Federal Preemption, fight the banks, foreclosure, Foreclosure Defense, Foreclosure Fraud, mortgage backed security, national banks, OCC, Office of the Comptroller of the Currency, securitized, trustee
Posted by 4closureFraud on May 30, 2010 · 1 Comment
From the Hamlet Again, let’s revisit that “deadbeat borrower” stigma again. The pervasive yet hollow-toned propaganda aimed at diverting attention from the real perpetrators of the biggest scam in the history of the world by blaming the family whose scheming ways had them planning and executing the downfall of the global economy (and even worse, … Read more
Filed under bankruptcy, cdo, cds, Corruption, foreclosure, Foreclosure Fraud, MERS, mortgage electronic registration system, securities fraud · Tagged with 08-13555-jmp, 4closurefraud, Andrew D. Velez-Rivera, assignment, bank fraud, bankruptcy, Beth Cottrell, cdo, cds, clouded title, conspiracy, criminal, foreclosure, Foreclosure Fraud, fraud, Lehman Brothers, Lehman Brothers Holdings, lynn Szymoniak, MERS, mortgage backed security, mortgage electronic registration system, Racketeering, securities fraud, securitized, trustee, U.S. Bankruptcy Trustee, wall street fraud
