Well Hello – Huffington Post – Pelosi Calls For Investigation Of Foreclosure Fraud

“It really does show you, though, left to their own devices, [the banks] no sense of community, no sense of what’s right for our country,” said Pelosi. ~ “Just get something so we can turn it into a financial instrument so we can short it or long it or whatever, and privatize the gain and … Read more

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

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

Naked Capitalism – Latest Real Estate Time Bomb: Title of Foreclosed Properties Clouded; Wells Fargo Dumping Risk on Hapless Buyers

A post from 4closureFraud.org  on Toxic Titles from last February gets a little attention over at the Naked Capitalism Blog… I am starting to see things ramping up here everyone. More and more respected outlets on the web are catching on the the games we all have been screaming about for years… Check out the … Read more

H.R. 4953 Miller, Ellison Introduce the Mortgage Servicing Conflict of Interest Elimination Act Bill to Address Conflict of Interest in Mortgage Companies

Washington, D.C. – Just moments before the House adjourned last week, Reps. Brad Miller (D-NC)  and Keith Ellison (D-MN), both Members of the Financial Services Committee, introduced legislation that will eliminate a conflict of  interest that may be preventing large mortgage companies from modifying troubled mortgages voluntarily. Many large mortgage companies own second mortgages on … Read more

The Irony – Wells Fargo Forecloses on Philadelphia’s Housing Chief Carl Greene

No! It can’t be true!!! ~ Kirk Dorn, a spokesman for Greene, confirmed Thursday that the housing chief was “involved in a dispute with his mortgage company.” But… Wells Fargo is not seeking to evict him. Isn’t that sweet… Philadelphia Housing Authority chief Carl Greene facing foreclosure By Jennifer Lin Inquirer Staff Writer The mortgage … Read more