Comments on: FHFA vs Illinois | FHFA Strikes Back – Sues Clerk of Courts’, Dept of Revenue to End Real Estate Transfer Taxes on Fannie and Freddie

By: ChrisYAHanWatcher4YAH

ChrisYAHanWatcher4YAH — Sat, 15 Dec 2012 18:35:09 +0000

Last time we checked: There IS NO: statute of limitations on FRAUD; and limits on: 18 U.S.C. 1961 et al. Racketeering: Two or more persons involved in a common scheme and design; to obtain money good/s or: “other Value”, by artifice schemes devices or instruments to concoct FRAUDS!

By: Barbra Orr

Barbra Orr — Mon, 25 Jun 2012 18:18:35 +0000

I would love to know how they are still in operation? They are in the same status as BOA- idiots in suits.

By: Sharon

Sharon — Sun, 24 Jun 2012 15:11:08 +0000

Does anyone know if the Qui Tam lawsuits against Freddie and Fannie for non-payment of transfer taxes were dismissed? This is unbelievable.

The timing of this lawsuit is suspect. I wonder if they waited until the Qui Tam lawsuits were dismissed before they did this. This would be one reason they would be emboldened to file their own lawsuit. This is wrong.

By: Tim Bryant

Tim Bryant — Sat, 23 Jun 2012 18:24:33 +0000

If they now claim that Fannie and Freddie are “agencies of the government”, than they cannot purchase RMBS on private homes without violating the Takings Clause. They also, could NEVER, pursue a non-judicial foreclosure.

They are “government SPONSORED entities” (GSEs), not government agencies.

If this goes through, homeowners who had their homes taken by Power of Sale, from the GSEs, could take them to court for Constitutional violations (Takings clause).

Is that what FHFA really wants? ….morons!!!

By: Hell NO! No More Bankster Bailouts!

Hell NO! No More Bankster Bailouts! — Sat, 23 Jun 2012 16:31:47 +0000

So if Fannie and Freddie are government-sponsored, then my brother who was ripped off when he was guided into buying stock in Fannie shortly before it’s stock lost all value, should be compensated by the government.

I never had heard of any ‘government entity’ that has stock outstanding (the stock still exists, just has no real value).

By: neidermeyer

neidermeyer — Sat, 23 Jun 2012 15:56:25 +0000

CELEBRITY DEATHMATCH! Put me on the Jury , I’m an Illinois landowner..

By: John

John — Sat, 23 Jun 2012 15:21:30 +0000

That’s what you want, jury trial!

Got to have someone with some sense making these decisions.
Nothing like 12 normal people.

By: Ken Hansen

Ken Hansen — Sat, 23 Jun 2012 14:21:23 +0000

Agency is out of control, no need to guess who or why.