The Market Ticker – Nobody Committed Any Crimes (Except Fraud!)
First, MBIA says it has evidence of “widespread mortgage-origination fraud” at Countrywide:
Feb 16 (Reuters) – MBIA Inc claimed it has new evidence of “widespread mortgage-origination fraud” at Bank of America Corp’s Countrywide unit, hoping to bolster its $1.4 billion lawsuit accusing that unit of fraudulently inducing it to insure risky mortgage-backed securities.
The insurer made its claim in a letter on Wednesday sent to New York State Supreme Court Justice Eileen Bransten seeking to force Countrywide to turn over a variety of documents.
By the way, here’s what the courts have ruled as to what constitutes fraud:
MBIA’s prospects in the case brightened last month when Bransten ruled that to establish fraud, MBIA need only show Countrywide misled it about the $20 billion of securities it insured, not that such misleading caused its losses.
And we had what testimony under oath before the FCIC? Oh yeah, that Citifinancial knew that 80% of its loan origination did not meet quality guidelines (that would be “misleading”, right?)
Hmmmm….
Then there’s this, which is even more outrageous:
The global banking giant HSBC lodged a complaint that blocked access to a WND story reporting a whistleblower’s charge that the London-based corporation has engaged in a massive international money-laundering scheme.
So WND publishes an expose’ that comes from a whistleblower alleging massive fraud perpetrated by insiders within HSBC (and really folks, you ought to read this one — the original article is good, and if there’s anything to it this really takes the cake) and in response rather than say “oh man, we gotta call the cops!” HSBC instead tries to have the story removed from the Internet!
Uh, yeah.
But remember, according to Governor Gary Johnson, who wants to be the Libertarian Presidential nominee (along with President Obama, who has said the same thing), nobody committed any crimes.
I clearly need to update the scrolling “credits” on that little ditty…. perhaps we will need a V3, V4, V5, V6….. and I’m going to keep doing it right up until Gary Johnson repudiates his line of crap and apologizes in public for his blatant and outrageous falsehood.
~
There is no STATUTE OF LIMITATIONS for FRAUD COMMITTED UPON THE COURT. Fraud is considered such a heinous crime that you can sue for years after the one year rule to contest a FINAL SUMMARY JUDGMENT if you can prove that fraudulent documents were submitted to the court thereby impeding a Court in issuing a fair decision.
Don’t let the banks intimidate you. If you have robo signed documents and lasered signatures on your supposed Original Note in the courthouse-go after them. Anybody have an Allonge to the Note will a known robo signer, barcode on the Allonge and no date? Anybody have an Assignment of Mortgage dated years after the trust closed and signed by a robo signer? ASMs are especially suspicious if notarized in Dakota county, MN or Tarrant county, Texas. Google the names on your documents and uncover the fraud. Keep fighting.
coco i have a “lazered” signature on my note by wells fargo. we closed 6 years ago. the title company is what is going to save us. they typed in on my mortgage and note my name and with my middle intitial. o signed the mortgage with my middle initial and if i signed the note at the same time i am sure i signed with my middle initial too. what wells fargo presents is a signature from another document. the fraudulent modification they gave is? the signature fraud give away is the different pen. a thinner pen, larger font and you can see (with my glasses) the gyrations of a lazered signature. pretty slick. its sad for me i am so stressed. how can they do this to me. i have worked all my life fo rmy home. if they wanted forge and do it the right way they should have at least sign with my middle initial included. please help pray for me i have 2 of the best lawyers defending my case
oh coco that to!!!! my endorsement is a rubber stamp of joan m mills
It might be a good idea to contact the SEC and file a report for fraud-especially if you are being foreclosed upon a Plaintiff that lacks standing to foreclose. Most likely, your Note was not properly securitized into the trust. And, even though, the lenders are purporting that the fraudulent Assignments of Mortgage do not matter, as it is the Note only that matters, many disagree. If the ASM does not matter, then why are these foreclosure mill law firms in such a hurray to get an ASM to the Courts? These ASMs are often robo signed and dated years after the trust is closed. Have you checked your Original Note in the courthouse? It may or not be valid.
The attorneys are filing Notes that do not match the Notes on file with the servicers. Anyone can fabricate a rubber stamp. Also, the IRS is very interested in the fact that these attorneys and lenders have avoided taxes by improper securitization of the Notes years after the cut off dates and closing of the trusts have taken place. The SEC will provide a copy of your Prospectus and 8-k if you send for it. Unfortunately, the banks will probably take your property initially, but, YOU CAN GET YOUR FORECLOSURE REWOUND AND SUE ALL INVOLVED FOR FRAUD. Just don’t give up. Our numbers are growing. As Lisa says, ‘SHAME ON YOU’ to the banks and the legislatures that play their game. Keep fighting and never give up for your chidren and their children’s sake. They don’t deserve this.
The REAL FRAUD in America is the UN FEDERAL RESERVE BANKING CARTEL AND THEIR ENTIRE FRAUDULENT
MONETARY SYSTEM….!!! WE NEED A MODERN DAY TEA PARTY….!!!! .U.S. BANK NOTES BACKED BY OUR OWN NATURAL RESOURCE REVENUES….!!!! NATURAL GAS AND ELECTRIC REVENUES…!!!. AND ISSUED BY OUR OWN STATE BANKS…..!!!! WE NEED TO TELL PRESIDENT OBAMA, AMERICA NEEDS THIS U. S. BANK NOTE TEA PARTY NOW….!!!