Taking the Foreclosure Fraud Fight to Des Moines to Meet with Attorney General Tom Miller
As you read this, homeowners and community leaders from 12 states are making their way to Des Moines, Iowa to meet with the Attorney General Tom Miller, the leader in the nationwide investigation into big banks’ fraudulent foreclosure practices.
Tell Attorney General Miller and your state’s AG to hold the big banks accountable for mortgage fraud
The Letter…
Dear Attorneys General,
We, the undersigned thank you for investigating fraudulent and illegal foreclosure practices by the nation’s biggest banks.
Your investigation is the best hope for homeowners and communities since this crisis began. Americans are watching. Our expectations are high that we will see justice for the millions of families who have lost their homes, the millions more who are at risk of foreclosure, and the neighborhoods across the country devastated by falling housing values and vacant properties as a result of widespread mortgage fraud.
The bank executives who committed fraud should be prosecuted. Any settlement needs to go beyond fixing paperwork, fully addressing ongoing abuse and ending the flood of unnecessary foreclosures.
We demand that any overarching settlement agreement contain mandatory loan modification programs, including principal reduction for owner-occupant families facing foreclosure and remedies for those families who have already lost their homes.
Now is the time for bold leadership from the nation’s Attorney Generals to hold big banks accountable for the damage they have done to families, communities and the nation’s economy.
So far, big banks like Bank of America and Chase have traveled to Iowa multiple times to advance their side of the story with Mr. Miller and his team. Tomorrow’s meeting is the first time that an organized group of homeowners will provide Mr. Miller with first-hand experience of the banks’ fraudulent practices and urge him to stand up for everyday Americans.
They will bring stories of the pain and suffering that big banks have inflicted on their families and communities, and press for a strong settlement that will force banks to stop flooding the market with foreclosures that drive down housing values for everyone.
Afterwards, they will take these stories directly to the big banks, condemning the oversized bonuses they are handing out to top executives while they continue to foreclose on millions of Americans. Homeowner groups in California and New York will be holding similar protests and vigils this week.
Sign on to our letter to Attorney General Miller and your state AG telling them that it’s about time to hold these big banks accountable and push the reset button on the housing market.
We will be sure to share with you the results of our meeting.
Thanks!
PICO National Network
Click here to sign the letter…
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http://www.change.org/petitions/view/request_for_congressional_foreclosure_panel_to_examine_foreclosure_lawyers#
LAWYERS WHO FILE FORECLOSURES SHOULD ALSO BE INVESTIGATED
Foreclosure lawyers are officers of the court; knowledge of applicable laws and civil procedure is not required from mortgage lenders, nor loan servicers. Inadequate or questionable foreclosure leads to useless property deeds that impede real estate sales; title insurance companies reluctant to cover foreclosed properties; mortgage default claims are being disputed due to defective foreclosures. . .Sample of fraudulent foreclosures:
–Deliberately use of defunct lenders or lenders without “standing” to execute false civil and bankruptcy foreclosure proceedings.
– Create and conceal malpractice, delay foreclosures, engineer billable litigation fees.
– Orchestrate sham foreclosure auctions; property never acquired by lenders, but by ‘straw buyers’
– Commit actionable wrongs (unfair debt collection, fraud, various torts) that give rise to lawsuits
– Engage in self-dealing foreclosures by which some lawyers themselves gain foreclosed properties
–Foreclosures via names of defunct lenders, illegally recorded property deeds, flipping, blighted communities
– Unconscionably create false deficiency judgments against property owners after straw buyers acquire homes for pennies on the dollar
– Intentionally false Bankruptcy court “Motion to Lift” and “Proof of Claim” on behalf of NON-EXISTENT lenders, concealing fact of “non-secured” mortgage debt.
–Involved in fraudulent collection of property damage and mortgage insurance for illegally foreclosed homes
–Fraudulent foreclosures abet loss of property taxes to city revenue, rodents, vagrants
– Thousands of families made unlawfully homeless from null foreclosure proceedings.
**more: Request for Congressional Foreclosure Panel to Examine Foreclosure Lawyers
http://www.change.org/petitions/view/request_for_congressional_foreclosure_panel_to_examine_foreclosure_lawyers#
hello
how about adding this to your list for why to go after the foreclosure lawyers
1. in many cases, the lawyers are being paid by the lender and the trustee from mortgage payments put in suspense accounts by the lender while telling the homeowner they are getting a modification. this is outright interstate fraud and racketeering on the lenders part and the lawyers who know this is being done and accepting these funds to pay their legl bills to the lender and that goes for the foreclosure property eviction agents like Field Asset Services and Asset Managment Services here in Seattle.
best regards
David.
I am here to demand bank accountability! This is how Wells Fargo defrauded us.
Wells Fargo originated us a fraudulent mortgage loan in 2005.
Wells Fargo’s fraudulent appraisal valued our home for $718,000.
Wells Fargo’s review appraisal valued our home for $475,000.
Nevada Attorney General’s Office suspended the appraiser’s license for committing appraisal
fraud on our home in 2008.
We put $151,000 downpayment. Between 2005 and 2009 we paid Wells Fargo around
$350,000.
On June 15, 2010, Wells Fargo still foreclosed our home, knowing that it is a Category C
felony to make a mortgage loan and foreclose our home based on a fraudulent appraisal.
On November 3, Wells Fargo demanded us to appear in front of the Judge to state cause why
Wells Fargo can’t foreclose our home based on fraudulent appraisal.
Please sign the petition on our website. http://www.wellsfargomortgagefraud.com and let our voice
to be heard.
That petition letter is pathetic and unconscionable. The criminal, thug bankers must not be allowed to merely “settle” their fraud with silly principal reduction or sorry modifications. You cannot modify fraud or try to correct it in a civil way. The evildoers at the banks and their third-party friends (which includes their attorneys) must face real criminal prosecution (many attorneys shall be disbarred too, along with the “judge” friends), and the victims be be given real restitution: Nothing less. All lawsuits by financial instutions must cease immediately; many investigators and prosecutors must be charged with obstructing justice and held before the people to answer why they aided and abetted their friends’ crimes for so long. “To do justice and judgment is more acceptable to the LORD than sacrifice (settlement or modifications).”
I live in Des Moines and will be happy to help anyone coming here for this meeting in any way I can. Respond to my comment if there is anything I can do.
here is my attempt to get the atg and the senate banking committee to stop this foreclosure gate
letter was sent october 18. no response as usual.
best regards
David B. letter was dated oct 18 and sent to their office by fax and letter usps
U.S. Senator Merkley (D)
U.S. Senate Banking Committee and
The Honorable U.S. Senator for the State of Oregon
c/o Mr. Corcoran, Salem State Wide Office, Salem, Oregon
Transmitted by fax to Mr. Corcoran on October 18, 2010.
Dear Senator Merkley and Mr. Corcoran:
I am writing to you because of your letter to Timothy Geitner and Mr. Donovan of the U.S. Treasury and HUD Department concerning foreclosures and the current mortgage meltdown.
I spoke with Mr. Corcoran about seeking your assistance in making inquiries of HUD and Treasury in reference to Redlining, Predatory Lending and Mortgage Modification Scams complaints including Discriminatory Housing that I allegedly have been victimized by EMC/Chase and parties, et al.
I am enclosing Mr. Kroger’s Oregon Attorney Generals’ findings that Oregon Law may have been broken. They have to decide how to prosecute these findings. Like me, Mr. Kroger is a military Marine Corps veteran. As I told Mr. Corcoran, I am a total and permanently disabled Navy veteran pursuant to VA and SSA federal law.
I have filed complaints before TREASURY, HUD, OCC, FTC AND THE FDIC AND THE WASHINGTON STATE ATTORNEY GENERALS OFFICE, Mr. Huey and Mr. Becca. To date, there has been no meaningful effort by any agency to correct these problems.
I ask your help in having my complaint before Mr. Donovan for REDLINING and DENIAL of HAMP ACCESS perfected within HUD for Housing Discrimination pursuant to the Federal Fair Housing Act.
I am at risk of losing my home as a Senior Disabled veteran. I am not behind in my payments nor have I ever been. But according to my attorneys who are experts in these fields, I have been allegedly victimized and legally violated, redlined and preyed upon by EMC/Chase. As you may know, the FTC already has fined them, i.e., $ 24 million dollars in the past for such questionable practices but they just allegedly continue with these DISCRIMINATORY Practices. It would seem that the Marching Order of the Day is Forbearance with regard to these lenders, mortgage originators, mortgage servicing firms and foreclosure mills to do whatever they want, when they want because they perceive allegedly that they are the U.S. Government and have the full tacit approval of our government to do whatever they wish with no regard to the rule of law. Their thinking appears to be: “WHO IS GOING TO STOP US, THE BANKS THAT CAN NOT FAIL“.
My family has been serving our country since 1917 and my son served in Iraqi Freedom. My father and I and my brother all went to Annapolis, the U.S. Naval Academy and that is where I was disabled in the line of duty. I have worked for the National Security Agency and DOD and have held the highest security clearances in the U.S. Government. I hold a Master’s Degree in Banking and Finance from George Mason University.
Because of your Oversight Powers over the OCC and U.S. Treasury and your interest in protecting seniors and disabled veterans in your own state as well as the border counties here in Vancouver, Wa. I am asking for your help. Yes I have asked Senators Murray and Cantwell and Congressman Baird to help. To date, it seems that all I have done is offend their staffs and no help has been forthcoming. For that, I am sincerely sorry.
I ask your help in resolving my cases before the FDIC, OCC, Treasury and HUD and the Justice Department, Civil Rights Division and the Federal Trade Commission.
Personally, this mortgage pipeline meltdown is a disgrace on our banking system that is a national security asset. In my case, from information provided by federal law requests (QWR) under RESPA federal law it became apparent that in my case, from the Bear Sterns fiasco, that the FEDERAL RESERVE BANK Of NEW YORK may own my mortgages and they are the lead agency to prevent REDLINING by National Banks pursuant to the Community Reinvestment Act.
Thank you and Mr. Corcoran for your time and possible assistance in this matter. Please see attached documents. I continue to be allegedly defrauded by both mortgage servicers, EMC/Chase every month for the last 30 months and I find this to be intolerable.
With HAMP and VA Fixed Rate Home Loan for which I am eligible and entitled and have had before, with mortgage write-down, my problem can be solved quickly and efficiently. Yet, I was not only allegedly defrauded with a mortgage mod scheme by emc/chase that cost me $ 18,000 when I was told it would be free, but also DENIED access to HAMP while emc/chase received FEDERAL TARP MONEY Bailouts.
I have asked the OCC to issue a REGULATION 30 Cease and Desist Order to Chase to stop this allegedly fraudulent behavior. I ask you to ask Mr. Walsh, the OCC Acting Director, the same. Ms. Sharon Gilstrap of the OCC’s Office of Ombudsman was very rude to me the other day and hung up on me when I asked her about my case. She has had over a year to do something and she has done nothing. That seems to be the official policy of the OCC. DO NOTHING. I filed a REDLINING complaint with the OCC’s Office of Community Reinvestment office which has not GIVEN AN OFFICIAL RESPONSE BY MR. WALSH.
As you know, there are substantial federal fines regarding REDLINING. Pursuant to the FTC fine and federal complaint in U.S. District Court by the FTC, there may be as many as 1 million of these REDLINING/PREDATORY loans up to a maximum of 65 million loans in the alleged Fraudulent MERS database with fines amounting to billions of dollars against the banks and lenders.
Redlining or REVERSE redlining has been adjudicated as legal fact by the Federal Judge in Baltimore this past July, in a case styled as City of Baltimore vs. Wells Fargo Bank for alleged Predatory/Redlining Practices by Wells Fargo that violated both the CRA federal law as well as the Fair Housing Act Federal Law and the Federal Civil Rights Act of the U.S. pursuant to U.S. Federal Code.
I filed complaints with the OCC about Chase to which there has been no response from Chase or OCC yet the Federal Law about such complaints DOES require a written response. Now there are three complaints and still no written response. I have in my possession from FOIA requests, hundreds of complaints filed in Oregon, Washington and the OCC against EMC/Chase. Yet there has been NOTHING DONE TO STOP these violations of federal and state law. It would seem that the banks have allegedly been able to TURN OFF the entire state and federal regulatory process of enforcement and regulation to prevent this mortgage disaster now or in the future.
EMC/Chase is NOT supposed to be contacting me in any way pursuant to their notification that I am under the protection of the consumer provisions of the Federal Bankruptcy Act that prevent harassment by lenders against borrowers. Despite not being in actual foreclosure or bankruptcy, as you can see from the attached letter from EMC, received this past Saturday, they have no regard for federal law or any LAWS of this land. I do NOT wish to hear from or discuss with them any one on one issue. They may communicate as allowed by federal law with my attorneys in Salem, Oregon, Olsen and Daines, Mr. Swartz or Mr. Olsen. Please ask them through the OCC to do so.
I ask that you bring this matter up before the full Banking Committee on which you sit and let these documents be entered into the Congressional Record for the Committee’s hearing scheduled for November 16, 2010 on the current foreclosure meltdown. As stated earlier, this mortgage mess is just a part of a massive fraud mechanism for the entire mortgage pipeline by various lenders.
Please note a federal class action lawsuit has been entered about this matter, i.e., a civil RICO action against my second trust trustee, U.S. National Bank. There are 375 counts in that federal lawsuit in the U.S. District Court in Kentucky.
We homeowners, Seniors and Disabled veterans representing 67 million Americans need to see your Committee demand federal indictments and arrests for these perpetrators of this massive fraud mechanism, i.e., bank executives and mortgage servicing firms and foreclosure mills. In my case, it appears that none of the parties have possession of the original “wet ink” trust documents that I signed for my house.
Despite multiple requests and demands, no authenticated trust documents as in originals have been produced by any trustee or mortgage servicing firm including requests for such by the Oregon Attorney General’s office.
I have asked for your help as well as Mr. Geitner and Mr. Donovan. I want to stay in my home and achieve my dream of owning my home in my Senior years.
Best regards,
David F. Black
Cc: Ariana Cha, Washington Post, 4closurefraud.org Blog
Reference: complaints and requests for help filed previously with Wa State Cong and Senate offices in Vancouver, Olympia and Seattle, Wa.
I hereby state, that I, David F. Black, do hereby grant under the Privacy Act of the U.S. any and all access to records etc or authority to make inquiries on my behalf to the Honorable Senator Merkeley of Oregon or his staff, this 18th day of October, 2010.
Signed by me David F. Black
Please seen attached documents referencing this matter.