May 23: Attorney General Kamala D. Harris Announces Major Initiative to Protect Homeowners from Mortgage Fraud
WHAT: Attorney General Kamala D. Harris will make a major announcement regarding criminal and civil responses to mortgage fraud. She will be joined at the announcement by Los Angeles Mayor Antonio Villaraigosa.
Immediately following the announcement, representatives of the Attorney General’s office will convene a roundtable where Los Angeles homeowners will describe the crimes, frauds, and other scams to which they have been subjected.
WHEN:
Monday, May 23
2:45 p.m. – Announcement
3:45 p.m. – Roundtable
WHERE:
Office of the Attorney General, 1st Floor
300 South Spring Street
Los Angeles, CA 90013
NOTES:
Please RSVP at agpressoffice@doj.ca.gov or 415.703.5837 by close of business on Friday, May 20.
SOURCE: http://oag.ca.gov/
I must say, I am impressed. Hope they don’t let us down…
Don’t anyone hold their breath.
My votes on the dog and pony show. They already wasted a year on the Financial Inquiry Commission just to write a 650 pg. book and still nothing. They told us to submit our complaints to the Dept. of Corps. Any word on that? I don’t see the need for this. Betting it is going to be a bunch of beware scams and contact Hud and Make home Affordable B.S. It’s RSVP- meaning Reserved to Select Vulnerable Pushovers
They are all acting like just what they are supposed to act like. A bunch of useful idiots. The proof of the massive mortgage fraud and the Ponzi Scheme is everywhere. The play it for as long is we can routine has grown tired and old. The dumber they try to look, the more guilty, corrupt and complicate they all look. Either they are invested in the fake MBS’s, or they aided and abetted in the PONZI SCHEME or/and the cover up, these corrupt politicians and their minions are soo totally OBVIOUS. Over 2 years now since the ENGINEERED FINANCIAL COLLAPSE AND NOT ONE OF THESE CRIMINALS WHO ROBBED THE AMERICAN PEOPLE HAVE PAID FOR THEIR FINANCIAL TERRORISM IN ANY WAY, SHAPE OR FORM. The POLITICIANS, BOTH DEMORAT AND REPUBLICON,. just keep kicking the can down the road, trying to bury this thing. Sorry, too many people got screwed in this gigantic PONZI SCHEME SWINDLE AND HEIST and it is still going on up on WALL STREET and at the FEDERAL RESERVE. They just keep robbing the American people more and more everyday and are forcing all of us to pay for our own robbery.. It is all going to blow up in their faces. These homes are now worthless because of them and they cancelled out their own fake debt they created. They never had any skin in the game and made 100 trillion on the mortgage derivative fraud alone. CNBC reported WALL STREET made 60 TRILLLION DOLLARS IN 1999 off of the mortgage derivatives fraud alone. TIME TO MAKE WALL STREET PAY, STOP THE FRAUDCLOSURES. THESE HOMES ARE PAID FOR FREE AND CLEAR BECA– USE OF THE PONZI SCHEME.
Let’s all make sure that this so called meeting by the California AG is not to go after the little sharks that have done loan mod scams or credit repair shams and so on, but also to go after the banksters and Wall Street for allowing all the foreclosure debacle to happen in the first place. Let’s all pressure the AG to go after the mortgage lenders and holders of the mortgage notes like Fannie Mae and Freddie Mac to provide actual relief to troubled homeowners like real principal reduction, legally cancelling fraudulent, prdatory loans and literally holding off on foreclosure and Trustee’s Sales until all this mortgage mess is straightened out. The AG must take on the real issues of troubled homeowners and not just send out “be aware of scams” BS notices to the public. Homeowners have already been scammed and defrauded by the banksters. The AG must implement real solutions for homeowners. Period.
When the attorney general announces the news to the homeowners, I hope she will tell us she is not in bed with the banks, like Senator Dianne Feinstein is. It is public record that the Feinstein/Blum family took $25 billion of the TARP funds to buy up foreclosed homes of the tax paying homeowners. She also stop MERS (which is the banks) from operating in California. They have stolen billions of taxes from the counties, which would have funded our schools and police/fire departments and other state agencies. Our Congressman Geo. Miller has done nothing for the homeowners in Contra Costa county, yet he pushes the HAMP (Help All Mortgage Predators) loan modification that has failed. Even the President Obama has stated the program is a failure. It’s a known fact that banks want homeowners to default on the note, so they can collect the insurance which pays three times the value of the home, plus they sell the homeowners property, and cash in again. WHAT DO THE BANKS AND OUR POLITICIANS THINK WE ARE IDIOTS?
Kamala would rather spend time promoting the LGBT agenda in Kalifornia klassrooms.
She need the lenders donations for her run at Governor. She will likely promote a blanket pardon for violations of the Penal Code and a fine in the tens of millions of dollars. Chase Home Loans’ net income is $1B (billion) a MONTH. In my county alone she would be leaving an estimated $75M a year on the table, just for loans where the beneficiary on Notices of Default were assigned AFTER the filing dates of the Notices. And it’s prima fascia evidence in county recorder’s office. A good database programmer could find it with a few quick inquiries – about 5 days work, total.
PESSIMISTIC…is the first thought that comes to my mind! A new AG and a cheater!
Suggest people show up to flood the first floor of the building and downtown in front of the building to get press coverage like a NACA event. Third and Spring Street downtown L.A. Ez to find and hang out Monday lunchtime and all afternoon to get answers if necessary. Its about time they had a consumers town hall instead of bankers town halls for judges like they had in the O.C. last year. g
WTF? WHERE IS CONGRESS? ARE THOSE BASTARDS DOING ANYTHING BESIDES LINING THEIR POCKETS?
CONGRESS ARE A BUNCH OF LOW DOWN DIRTY EFFING COWARDS. OFF WITH THEIR HEADS!!! DEATH TO THE FASCIST TYRANNY!!!!!!!!!!
THERE IS CLEAR PROOF HUNDREDS OF TRILLIONS OF DOLLARS IN FRAUD HERE BY WALL STREET AND THE BANKING INDUSTRY AND ALL OF THE POLITICIANS IN CONGRESS SIT IDLE AND PRETEND TO BE IGNORANT TO ALL OF THIS. WHERE IS THE MORATORIUM ON FRAUDCLOSURES, CONGRESS?? YOU HAVEN’T DRAFTED A BILL YET, TO STOP THIS ROBBERY OF THE AMERICAN PEOPLES HOMES????? THE FRAUD IS PROVEN MASSIVE AND UNCONSTITUTIONAL BY THE GSE’s, WALL STREET AND THE BANKSTERS. THERE IS PROOF OF MASSIVE MALFEASANCE IN THE BANKING INDUSTRY. ALL OF THE SILENCE AND IGNORANCE IS PROVING THAT ALL OF THESE POLITICIANS, IN BOTH PARTIES, HAVE ALOT OF EXPLAINING TO DO.,.THIS IS COMPLACEANCY IS PROVING ONE THING TO THE AMERICAN PEOPLE, ALL OF YOU ARE INDEED COMPLICANT. DEATH TO THE TYRANNY!!!!!!!!! DON’T VOTE FOR ANY DEMORATS OR REPUBLICONS, THEY ARE ALL COMPLETELY CORRUPT AND — USELESS TO AMERICA.
I HEARD A REPORT ON RT NEWS THAT THE CALL GIRL INDUSTRY IN WASHINGTON D.C IS BOOMING AND NOW SURPASSES L.A. AS D.C. IS NOW THE HOOKER CAPITAL OF AMERICA.
WE ALL KNOW THE HOOKERS ARE NOT REALLY THE WHORES, IT IS REALLY THE POLITICIANS. AND WHO PAYS FOR ALL OF THOSE HOOKERS? THE AMERICAN TAX-PAYER.,
This may be another nail in the coffin of the ill-starred 50 state AG banker settlement. To have AGs of the two largest states in the country, NY and CA, pursue independent action has got to be a major blow to Miller’s clearly bought and paid for efforts.
I’m sure the crimes they will be discussing are the ones defended by the bank and not reported by the public. Hopefully they take a hard look at these fraudulent banks and keep an open mind.
The more independent initiatives that are undertaken the better. Publicity is our friend. Politicians react to public opinion and public opinion is shaped by multiple events regardless of how minor. The greatest fears that large business entities or corporations have (having worked for one that guarded their image as close as their money even) is their public image. Public opinion can destroy a business more than a lawsuit worth billions. When it opinion turns it is extremely hard to restore. Published events, protests at shareholder meetings, etc. These events may not get action but they receive press, particularly when people are arrested or dragged off. Remember how much AIG suffered in the fallout? They still have a negative image but they were not alone in the crash.
Negative publicity is the key to gain action. Another 60 minutes type expose would be great! The good it generated is immeasurable yet it covered basically a limited story. We need another story soon.
The company I worked with surveyed their own employees to discover who they knew that could influence public opinion or shape litigation. They were particularly interested in political offices, any level. Their mantra was “Get our Story out.” They had employees volunteer for charitable work, calling the media to cover.
No story was too small.
We are beginning to roll when Sheila Barr FDIC makes the statement that foreclosure files are “infected.” Very effective for our position.
Get YOUR story out, talk it up! Ask public questions, be positive, support your peers, protest!!!!
Sounds hopeful………………
but …………………..could it be just another Dog and Pony show ?
I hope they get the right Californians at that round table!
Proverbs 21:18
The wicked (attorneys general for not doing their jobs) shall be a ransom for the righteous, and the transgressor for the upright (afflicted, honest homeowners).
I would like to be hopeful, really I would. I will reserve judgment until I see the outcome. I have contacted Harris’ office several times with complaints about MERS and complaints about the banksters/fraudclosure. She has never once even deigned to respond.
Sounds really good perhaps this is a start for the West coast and maybe other places as well.Lets hope so!!!