States With Highest Foreclosure Rates Among Bank Deal Holdouts
Feb. 7 (Bloomberg) — California, New York, Nevada, Florida and Massachusetts are among the handful of states that haven’t signed a deal with banks over foreclosure abuses, according to state officials and two people familiar with the talks.
The holdouts include some with the highest rates of foreclosures. More than 6 percent of Nevada housing units had at least one foreclosure filing in 2011, giving it the nation’s highest foreclosure rate, according to RealtyTrac. California registered the third highest rate in 2011 with one in every 31 units having at least one foreclosure filing during the year, said the firm, which tracks foreclosures.
California Attorney General Kamala Harris and New York Attorney General Eric Schneiderman, who have been some of the most outspoken in pushing for changes to the deal, were among those who hadn’t joined as of yesterday’s deadline. More than 40 states signed on to the accord, according to Iowa Attorney General Tom Miller, who is helping to lead talks with the banks.
“Adding more numbers probably improves the political dimension of the settlement from the standpoint of the attorneys general,” said Ken Scott, a Stanford University law professor. “If you can say there were only a handful of diehards that didn’t sign on, that gives you some political protection.”
State Probe
All 50 states announced almost 16 months ago they were investigating bank foreclosure practices following disclosures that faulty documents were being used to seize homes. Officials from a group of state attorneys general offices and federal agencies, including the Justice Department, have since negotiated terms of a proposed settlement with five banks that is said to be worth as much as $25 billion.
Massachusetts Attorney General Martha Coakley and Florida Attorney General Pam Bondi haven’t signed on as of today, said the two people, who declined to be identified because the matter isn’t public. Delaware and Nevada also hadn’t agreed to the settlement as of yesterday, according to their offices.
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I wrote a letter to Eric Schneiderman asking him to stay focused and on the beaten track. We all need to support this man, even though he represents NY and I am in Florida I told him that all eyes are on him. He is a beacon to the rest of us, especially here in Florida where corruption is soooo rampant! I told him that the State of Florida has no faith in Pam Bondi, or the courts, or the judges. We are at the mercy of others who are the ‘doers’ and hopefully his steadfast on this subject will turn a leaf for some of the other states!
@ Ivent – I have not seen a post from Liz in Sarasota for a while, have you? Hope everything is okay with her!
BOBBI…I think she was on here not that long ago …but where are Marilyn Abdilla and housemanrob..??they really went dark!
You gotta be kidding Bobbi?? You guys don’t like mob politics? Welcome to. Cook County, Illinois, Chicago! The Land of Lincoln and Senator Obama…and BLEEPING GOLDEN SENATE SEATS!!! The most corrupt politicians on the planet..! Where Mayor Dick Daley, before he exited his throne, told the people of Crook County that we can expect a $155 billion dollar property tax increase by the year 2015….TOO COVER FOR ALL OF THE POLICEMAN’S AND FIREMAN’S PENSION MONEY….!!! MWAHAHA….!! WE ALREADY HAVE THE HIGHEST TAX BASE IN THE COUNTRY…..WE HAVE HIGHER TAXES THEN BEVERLY HILLS!!! AND THIS SURE AS HELL AINT BEVERLY FRICKING HILLS!!!! NOT BY A LONG SHOT!!!! NOPE, NOT A PALM TREE IN SITE! Enter the RAHMFATHER…DONT TURN AROUND..UH OH…THE COMMISARS IN TOWN…THE KING OF DRACONIAN MEASURES….! HE WANTS TO PRIVATIZE THE CHICAGO POLICE FORCE AND HIRE BLACKWATER…AND COVER THE CITY IN SPY CAMERAS….!!! WE ARE REALLY F**KED kNOW…THE JUDGES HAVE PRACTICALLY HANDED THEIR ROBES AND GAVELS TO THE BANK ATTORNEYS EVER SINCE RAHM GOT ELECTED…THE WORD IS MUM…AT THE RECORDERS OFFICE!!!…NO ONE EVEN SHOWED UP TO VOTE AND. RAHM STILL GOT “ELECTED” WITH ONLY 37% OF THE VOTE!!!! THE LOWEST VOTER TURNOUT IN CROOK COUNTY HISTORY!! HOW IS THAT EVEN POSSIBLE…YOU ASK??? IT IS HERE IN CROOK COUNTY!!!..ESP…WHEN YOU COME FROM A BANKING FAMILY!!!!! at least its warm and sunny down there in Fla…! The local news reported today..NO SURPRISE…..THE NEWS IS NOT GOOD….Illinois is right up there with Florida in Fraudclosures…Were both in the top 5…!! And the bodies are still piled up at the Cook County Morgue! WTF….??
@ Ivent – No, I have not seen a posting from Marilyn or Rob….and Rob was so good with his noteworthy postings. I remember, I think, that Marilyn had been ill for a while so I hope all is well with her.
The GREEDY cults of Legal Mercenaries are Licking thier MONOpolistic Chops at the SPECIAL SECRET $ettlement$ they will Have Deposited to THIR PRIVATE Secret numerically Coded Banster Accounts in UnTraceable FOreign Accounts withOUT the Juris of CORP u.S. where Inquiring PRYING EYES or the Sterilizing LIGHT of the SUN will NOT Shine and the VICTIMS will be RAPaciously “F”‘ed for the SECOND TIME and The Legaql Mercenaries PROFIT EXclusively ad infinitum!
With the TEFLON DON of the Chicag MOB and His MOUTHPIECE Shyster Legal Mercenary of the CHICAGO MOB sitting in the CAT BIRDS seat, singing SONGS of pro se Executing the VICTIMS and letting the PERPS go FREE, [King Shabazz Shabazz for One,] There IS NO justice Only: Just US the LEGAL ROBBERS, Gypsies Tramps and THIEVES, of the Bankster Legal Mercenary mercantil
Right on Chris!! The entire country is now living under the influence of the Cook County Mobsters!! I have always lived here so I know how it feels.!!! IT FEELS REALLY SCUMMY AND DIRTY, RIGHT?? EXACTLY… THE REAL CAPONES HAVE HIJACKED THE COUNTRY!! The ones who Drew Peterson model his life after…the life of corruption, crime and murdering the victims..!
And disposing of the bodies where they will likely never be found …THE COOK COUNTY MORGUE!!!
AKA CROOK COUNTY…BY THE PEOPLE OF CROOK!
We need another Tea Party and another Revolution..to throw out the FED..STOP PAYING…CONFORMING AND COMPLYING….CONGRESS MUST ISSUE OUR OWN CURRENCY AS THE U.S. CONSTITUTION REQUIRES TO MAINTAIN OUR NATIONAL SOVEREIGNTY AND THEREFORE OUR FREEDOM AND DEMOCRACY…U.S. BANK NOTES BACKED BY OUR OWN NATURAL RESOURCES….NATURAL GAS AND ELECTRIC….ETC.WILL FUND PROSPERITY….NATIONAL SOVEREIGNTY WILL PREVAIL!!!
Why don\t the state hold just place claims on the money, like foreclose on the banks so they don’t have to prostitute themselve for a price?
The corruption has caused fascism Ron..The Nazis are here, on American soil…!.This is all because of the UNCONSTITUTIONAL and THERFORE ILLEGAL FED!!! The people must remove the FED TYRANNY..STOP PAYING, CONFORMING AND COMPLYING…
OCCUPY…
DONT BACK DOWN..!!!! OCCUPY THOSE STOLEN HOMES!!!
THEY DONT HAVE THE RECEIPTS FOR THOSE NOTES TO PROVE THEY OWN THEM!!!! DONT BACK DOWN AMERCA!!! AMERICA IS OUR HO– USE…WE OWN IT!!!!…..
TELL THE SHERIFF…THE FORECLOSING ENTITY WAS AN IMPOSTER…!!!…
AND, THEY DONT HAVE A RECEIPT…TO PROVE THEY OWN YOUR HOME!!
STAND TALL AMERICA.!!!!!
..DEFEND YOUR HOMES AND BUSINESSES!!
OCCUPY!!!
The Government is protecting the moneyed elite who robbed America! They are corrupt and useless acting like a tyranny oppressing the people..Screw them..!! AMERICA IS OUR HO– USE!!! The FED, THE TREAS, CONGRESS. ALL OF THE POLITICIANS ARE RENTERS OF SPACE…! WE THE PEOPLE PAY FOR AND FUND EVERYTHING THESE CROOKS DO..! DONT BELIEVE THEIR LIES!! THROW THE TRAITORS OUT AMERICA…! THEY DONT HAVE ANY RECEIPTS TO PROVE THEY OWN ANYTHING……WE THE PEOPLE DO!!!
Dont believe for a minute the States owe the Banks a dime..that is another trick…THE BANKS , THE FED, THE COPS, THE JUDGES AND THE POLITICIANS ARE ALL RENTERS OF SPACE IN AMERICA…!!! ITS AN EMINENT FRONT…ITS A PUT ON!!!! THEY JUST STEAL, LIE AND MANIPULATE AND TRY AND MAKE US BELIEVE THEY OWN THE PLACE….!!!! WE THE PEOPLE PAY FOR AND FUND EVERYTHING..WE THE PEOPLE OWN THE PLACE..! WE ARE THE ORIGINATING LENDERS FOR EVERY DIME THEY HAVE EVER EARNED OR HAVE STOLEN..!!! WE THE PEOPLE HAVE BEEN SWINDLED BY THESE MONEYED ELITE CORPORATE CROOKS INTO BELIEVING THEIR LIES…ITS A BIG SWINDLE….A MIND GAME..!! WAKE UP AMERICA…WE THE PEOPLE ARE IN REALITY…FILTHY STINKING RICH..!!!
THROW ALL OF THESE TRAITORS OUT AMERICA!!!….THE POLITICIANS…THE FED..THE COPS…THE JUDGES…CONGRESS…THE BIG BANKS ARE ALL RENTERS OF SPACE….!!! AMERICA IS OUR HO– USE..!!
THERE SHOULD BE NOT ONE POOR, HOMELESS PERSON IN AMERICA….NOT ONE…!! WE GOT DUPED…WE ARE TRULY ALL FABULOUSLY WEALTHY!!! THROW THE FED OUT…!! THEY ARE THE RENTERS!!! WE NEED OUR OWN CURRENCY…BACKED BY OUR OWN NATURAL RESOURCES…OUR WEALTH….NOT THEIRS!!! THESE UTILITY COMPANIES ARE HOLDING OUR WEALTH HOSTAGE…WAKE UP AMERICA….HEALTH CARE AND COLLEGE OUR HOMES …..WE ALREADY PAY FOR ALL OF IT…IN OUR GAS AND ELECTRIC BILLS!!!!
AND THE TAX WE PAY ON EVERY THING WE BUY OR SELL!!
All these greedy bastards do is rob us….rob us…rob us….!
The TALMUDIC LEGAL Robber$, RAPISTS, and Mercenary Mecatile Merchant Thieves are Liky their GREEDY Lips at the Thoughts of GETTING off Scott Free while RAPING and Robbing the VICTIMs Twice!
The TEFLON DON, of the CHicago MOB and His Shyster MOUTHPICE Posing as Atty. General pro se Executes the Innocents while Protecting the CrimiNAZIs of the Bancksta’ Gangsta’ MOB Cults, SKATE
un-Obstructed in their RACKETEERING Theft Schemes!
The Atty Gen Won’t pr se cute the FELONS but will Go afte the VICTIMS of ATROCITES and TERRORIZE the innocents and states, by any means Possible!
and The BEAT Goes ON; ad infinitum and JUST US for all Banksta’s and Club of Roma Legal Mercenaries1
If they were followers of the Talmud they would not be legal robbers take a look at humathey are human beings made in the image of our Creator observe how low they stoop and you and are both are also human beings do you rob ? I don’t so why put stereo types on people just realize it… buddy you are part of the human clan and we are just getting the whole picture now on how greedy humans are be it Jewish, Christian, Mormon, Chinese, Arabic
rtc. we are all part of the human race take a look thank G-d we chose not to follow that path instead of name calling call a spade a spade they are human beings and it is despicable to see how low our brothers and sisters can stoop and it is going to keep getting worst if people like you divide us. Maybe
a better prespective would be they are very sick and corrupt and it has been going on for years
instead of throwing stones we need to put them away all of them and get their thinking rehabilitated if we can otherwise this new world as it is going to be called will still have human beings like this. No one likes to be in reality guess what … we woke up for a reason get these corrupt human beings out and
like drug addicts they need to have rehabilitation for their thinking let’s all stop looking the other way and
demand our freedom back
Right on wonton…! They liars and those trying to lie to cover up the MASSIVE, UNSUSTAINABLE DEBT FRAUD OF THESE CRIMINALS are in Satan’s Army….and some may not even realize it..!!! ..those who don’t believe Satan exists are under his evil spell..Satan is very clever and deceptive…Those followers of Satan should know…he cares nothing about them…he cares only about himself and his evil plans for mankind..He uses very clever tricks to seduce … but gives no loyalty in return! The space between right and wrong…otherwise known as …what they want to make us believe….is GOD and the TRUTH!!! GODS ARMY IS ALL POWERFUL!!! The truth shall set us free….!! THESE CRIMINALS AND TRAITORS ARE A NULLITY…UNCONSTITUTIONAL AND THEREFORE ILLEGAL…THE FED IS THE HEAD OF THE. BEAST IN AMERICA…THROW THE TRAITORS OUT!!!
absolutely shocked to see Florida on this list!!!
Blondie knows the truth..they don’t have the trust agreements…AKA the LEGAL ASSIGNMENT…OR THE RECEIPTS…ALL OF THE AG’S know the TRUTH IS…because of the ORIGINATION FRAUD…the contracts and therefore the notes are a nullity..! There is no legal fix for their massive fraud…and besides that…their debt is UNSUSTAINABLE…These crooks committed $700 trillion in mortgage note fraud…their debt can never be repaid!!! This is a failure of the POLITICIANS AND NO ONE ELSE…THEY ALLOWED THE FED TO HIJACK THE U.S. TREASURY..AND OVER GAMBLE WITH THE PEOPLE MONEY…THE U.S. TAXPAYERS MONEY…THE RESULT OF THAT…THESE CRIMINALS NOW OWE $1.2 quadrillion dollars in derivatives fraud…their debt is unsustainable…and can never be repaid!! ..THE FED OWNS AND REGULATES THEIR OWN FINANCIAL INSTITUTIONS…THIS IS NOT THE FAULT OF FREE MARKET CAPITALISM…..THIS IS THE FAILURE OF CORRUPT POLITICIANS WHO ALLOWED THIS TO HAPPEN..