“Kevin Matthews had all his possessions stolen from him, and nobody under this agreement will go to jail for that theft.”
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David Dayen over at Firedoglake has an interesting addition to the debate on the 27 page AG settlement. There is a field hearing of the House Oversight Committee in Baltimore this morning and he got to interview the star witness, Sgt. Kevin Matthews.
From the interview…
Where the Proposed Foreclosure Fraud Settlement Falls Short
Here’s what I can add to this. This morning, there just so happens to be a field hearing of the House Oversight Committee in Baltimore. In fact, it just started at 9am ET. Rep. Elijah Cummings, who represents the area, called the hearing, which will feature the mayor of Baltimore and the Governor of Maryland, among others, to examine the foreclosure crisis and the abuse carried out by mortgage servicers. I got a chance to talk with the star witness yesterday.
His name is Sgt. Kevin Matthews, and he served in Iraq in 2005-2006. He was wounded in the line of duty and returned to the US a disabled veteran. He bought his home in 2008 and then lost his job a year later. He exhausted all of his funds to keep up with the mortgage payments, but eventually went into default. In the second half of 2009 he sought a variety of modification packages with his mortgage servicer, USAA (GMAC Mortgage actually serviced the loan, but Matthews interfaced with USAA). “I basically got the runaround,” Matthews said.
In February of 2010, Matthews received the notice of intent to foreclose within 45 days, but by then he had been approved for disability from his injuries. He had a local housing agency put in for a modification for him, reflecting this new information, in April 2010.
The crucial piece of information here is that Matthews had a VA loan. “With a VA loan, foreclosure is supposed to be the last option,” Matthews explained. “By contract, they cannot foreclose until all options are exhausted: a modification, deed-in-lieu, or a short sale.”
But instead of reacting to the new information in the modification package received in April 2010, Matthews’ servicer simply ignored it, and made good on the foreclosure sale on May 21, 2010. Under the law governing federally-funded VA loans, the servicer was to rescind that sale date as they pursued a modification. “They got the package but never pushed back the sale date,” Matthews said.
Here’s where the story takes quite a turn. Matthews was away at school on June 8, 2010, and he returned home to find the locks changed on his house. The servicer had gone into the house and taken all of his belongings out, in preparation for the foreclosure sale. This violated Maryland law, because the servicer needed to file a writ of possession to remove Matthews from the home. “They stole my stuff, stole my kid’s stuff,” Matthews said. “They took everything in the house. They took my lawn mower.”
You can check out the rest of this report here…
If this is what is happening to military personnel, you can just imagine what is happening to the “civilians” facing foreclosure…
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“A mortgage-servicing settlement proposal sent to banks represents a “mixed bag” for investors in home-loan securities, making a “mockery” of some bondholder concerns, Amherst Securities Group LP analysts said.”
http://www.bloomberg.com/news/2011-03-09/mortgage-proposal-with-investor-benefits-has-lien-mockery-amherst-says.html
So investors aren’t happy either.
But we can count on The Obama Administration to legalize theft and fraud.
Instead of sending letters and files and proof of what these fraudsters have done to politicians and the legal eagles (no offense intended to any attorneys out here) we shoulld start a major network of sending our documented cases and proofs of illegal deeds and so on to every potentially interested journalists. Let them investigate and dissect what has been done. It just would offer so much more exposure showing how much damage has been caused and is continuing to be caused. If we can dig up specific information about pensions of real people who have been robbed, the public can relate. We need real stories of real people with real facts.
They would be an interesting target for Wikileaks and Anonymous, A group like that might be able to bring down Wall Street.
I will be the first to pay for tickets to that event
no necessity for them to lie to the government; they are all in it together
Very good article, but we are making progress. It is a fact that these banks will now piss on regulators, investigators, and the government directly on their fact now, so that will eventually make them mad. The banks will lie to our government, so they are about to fall into their own hole that they dug.
Just wondering if we formed groups to protect homeowners from being forcibly removed from their homes, due to parties that actually do not own the note by law, if the RESCUE DOCTRINE is applicable.
Essentially, in its pure form the Rescue Doctrine boils down to 4 main elements – all of which must be met in order to bring it to bear for the person asserting its privilege;
1. There must be peril or the appearance of peril to a third party, caused by the defendant.
2. That peril or appearance of peril must be imminent
3. A reasonable person would recognize the peril or appearance of peril and the plaintiff must also have actually recognized it.
4. The plaintiff must have exercised reasonable care in effecting the rescue.
A homeowner can do this invoking MOLITER MANUS IMPOSUIT, which states;
MOLITER MANUS IMPOSUIT, pleading. In an action of trespass to the person,
the defendant frequently justifies by pleading that he used no more force
than was necessary to remove the plaintiff who, was unlawfully in the house
of the defendant, and for this purpose he gently laid his hands upon him,
molitur manus imposuit.
2. This plea may be used whenever the defendant laid hold of the
plaintiff to prevent his committing a breach of the peace.
3. When supported by evidence, it is a complete defence. Ham. N. P.
149; 2 Chit. Pl. 574, 576; 12 Vin. Ab. 182; Bac. Abr. Assault and Battery, C
8.
AND COOKIES DOWN BELOW TOO!
HERESSSSSSSS JOHNNY!
Uhhh… what ever happened to NO EX POST FACTO LAWS!!! Change the law all they want, it’s the past lawless acts they need their heads held to the grinding wheel over. If they make a change in the Law, that effectively retro-acts the Law, then it’s time for civil riots…. as I agree with what “Officer of the Law” says…. maybe we should resurrect Aerosmith’s “Eat The Rich” as a movement theme song.
I think they want anarchy. There is no other explantion for their rogue, arrogant behavior.
Many Americans may not know that Abraham Lincoln in the 14th Ammendment did not just abolish slavery, he abolished our sovereignty under the individual states. We are all citizens of the U.S. Government and not protected by the States. It appears that honest Abe was an enabler. Because of that we became the Holy Roman American Empire and we have been living under the rule of the papal Caeser since July 28,1868.. Eric Phelps speaks about this in his youtube video entitled, True History of the Jesuits-by Eric Phelps.
Lincoln made slavery unmarketable. It still exists in a “non-profit” sort of way. Counties get money for kids that go into foster care and for adoption. Only if the child has a birth certificate does the counties get federal funds. Try not to get a BC for your kid. The state will steal the child knowing the parents don’t know how to assert there rights and force a BC on the child. All the states have made an adoption mandatory if the child is under 4. They have to in murder to be available for FED adoption incentive funds. Then they are sold to adoptive family . Effectively twinning a stream of revenue. The property right to a human child.
Funny thing is now the eliteists with the blessing of OUR OWN GOVERNMENT are trying to turn us into DEBT SLAVES. check out yesterdays Keiser report. Max is spot on as usual. http://rt.com/programs/keiser-report/ It is episode #127
The more things change the more they stay the same….
.”Whenever discontent becomes the only condition of indulgence among any people,, they cannot be happy, and, least of all, a people situated as those of Massachusetts were, at this singular period. They were just about quitting a well fought contest, in which almost every man had personally assisted. The applause of the world was fresh on their minds, and they felt a title to retirement and repose. Whatever interrupted this right, naturally appeared like a grievance, and became discountenanced as an abridgment of their liberties. They could not realize that they had shed their blood in the field, to be worn out with burdensome taxes at home; or that they had contended, to secure to their creditors, a right to drag them into courts and prisons.”
The History of the insurrections of Massachusetts in the year Seventeen Hundred and Eighty Six
and the Rebellion and consequence thereon.
The main point is this: you can make all the guidelines you want, and basically, the 27-page term sheet has most of them. You can demand a single point of contact for borrowers, an end to the dual track process of the servicer pursuing modifications and foreclosures simultaneously, specific mandates for modifications and all the rest. You can even set stricter guidelines for dealing with military families. All of those are in the term sheet, and many of those kinds of guidelines are in the VA Home Loan that Sgt. Kevin Matthews received. It didn’t matter. Neither did all the promises servicers have made to reform their systems going back to 2003. Servicers pretty much don’t follow the law. That’s why they were under investigation. A document that tells them to comply with the law, in language the banks are already using, doesn’t seem like it’ll make much of a difference.
When justice cannot be obtained in the courts, the law returns to might makes right, and then, the most ruthless hunters and killers will inevitably rule the land.
By the way, that is not the banksters. Instead, the banksters and their minions in government will be the prey!
Think about that you banksters and you pieces of shit who protect them and do their dirty work!
This is the direct result of a Nazi takeover of the world. Who is behind the take over? http://aftermathnews.wordpress.com/2007/10/01/blackwater-knights-of-malta-in-iraq/ Send this link to everyone that you know and tell them they are all out ready to exterminate us first by using financial terrorism. They are hididng under the disguise of American institutions A/K/A the Multinational Banksters and the Multinational Corporations. There are TREASONISTS running around America disguised as Americans. They are Jesuit imposters. They were trained to hate and want to destroy America. They have a clear, and evil agenda and it is called Agenda 21, Yahoo search it. Via the U.N. their clear goals are: Abolition of all ordered governments, Abolition of private proverty, Abolition of inheritance, Abolition of patriotism, Abolition of the family, Abolition of religion, A global population of 500 million, Creation of a world government. BANKER; David Rockefeller said on Sept. 23,1994: “This present window of oopportunity, during which a truly peaceful and interdependant world order might be built, will not be open long-We are on the verge of a global transformation. ALL WE NEED IS THE RIGHT MAJOR CRISIS and the nations will accept the NEW WORLD ORDER.” General Douglas MacArthur: “I am concerned for the security of our great nation; not so much because of any threat from without, but because of the insidious forces working from within. Charley Reese-Orland Sentinel: If a nation values anything more than freedom, then it will lose it’s freedom; and the irony of it is that if it is comfort and security that it values, it will lose that too. Unknown Americans must decide: Are we to be governed by Americans or by an International organization? I, for one, owe no allegiance to the UNITED NATIONS nor will I give it any. I obey only THE U.S. CONSTITUTION. You had better think about this issue, for if the U.N. can viiolate the Sovereignty of Haiti, Iraq and other countries, it can violate ours….The United States may not be the top dog 15 years from now, U.N. security council resolutions, backed by say Chinese soldiers, could be aimed at us. America must WAKE UP.
Doesn’t this story just warm the cockles of your heart.The people who fight to keep our country free so the rest of us can go to bed at night and sleep peacefully are now on the front lines of a different kind of war and one that they are not equipped to fight.VA is the biggest joke going and anyone that has ever had the misfortune of running up against them knows this.They are a law unto themselves and thats what they will tell you.USAA and AARP are two more that also have a high entertainment value.Corporate smoke being blown up where smoke does not belong.Maybe now people will get the idea that Government is for nobody in the human population.It is for Government only, once again bought and paid for.Absolutely reprehensible behavior in regards to people never mind someone who is service connected and a disabled vetran of a current war.Do we not owe ourselves better treatment.somone needs to help this young man and his family my guess would be it won’t be VA or USAA or AARP or any of the other orginizations that are supposed to.When are we going to make a stand and do something to fix this problem?