Comments on: Freddie-Fannie Push Bank Bad Debt Cost to $84 Billion: Mortgages https://4closurefraud.org/2012/08/15/freddie-fannie-push-bank-bad-debt-cost-to-84-billion-mortgages/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Thu, 04 Dec 2025 13:54:59 +0000 hourly 1 https://wordpress.org/?v=7.0.2 By: chitown2020 https://4closurefraud.org/2012/08/15/freddie-fannie-push-bank-bad-debt-cost-to-84-billion-mortgages/#comment-402388 Sat, 25 Aug 2012 22:26:03 +0000 https://4closurefraud.org/?p=51552#comment-402388 They never sold the loans, however, they passed them around and over sold investments in them exponentially. That is how they created a quadrillion dollars in debt selling investments in things that are not tangible things, things that don’t exist. An honest bank attorney told me when I told him I am going to ask him for discovery told me, there is no discovery, there is no trust and there is no trustee.

]]> By: chitown2020 https://4closurefraud.org/2012/08/15/freddie-fannie-push-bank-bad-debt-cost-to-84-billion-mortgages/#comment-402373 Sat, 25 Aug 2012 20:01:25 +0000 https://4closurefraud.org/?p=51552#comment-402373 Most people don’t get the securitized part. What they did was oversell investments in fraudulent securities and fraudulent contracts. They were fraudulent sales and transfers because the Originator never paid the Original loan back to the Treasury. The securitization part to them never happened. What they did was oversell investments in counterfeit securities, the notes and fraudulently induced contracts, the mortgages. Neil Garfield wrote a good article about how securitization is not legal under U.S. and Common Law. That is why they did not securitize their fraud to themselves but they want us to believe their fraud is securitized to us. They are masterful counterfeiters. Even in the fraudclosures they are uttering forged instruments with no legal claim. Being granted fraudclosures with no proof of payment for the Original loan is counterfeiting. It is RICO.

]]> By: mary https://4closurefraud.org/2012/08/15/freddie-fannie-push-bank-bad-debt-cost-to-84-billion-mortgages/#comment-402368 Sat, 25 Aug 2012 19:11:23 +0000 https://4closurefraud.org/?p=51552#comment-402368 How can they buy back, if they were alleged to be turned into securities??

]]> By: Mystify https://4closurefraud.org/2012/08/15/freddie-fannie-push-bank-bad-debt-cost-to-84-billion-mortgages/#comment-400610 Fri, 17 Aug 2012 01:41:30 +0000 https://4closurefraud.org/?p=51552#comment-400610 It’s time to let this ship sink! No more bailouts, do not sign on the dotted line, so not pass go, just stop the madness. Time to let things fall where they may will it be painful, yes but in the end we will be better for it.n read creature from Jekyll island and you will read this is Daja vu same as the first depression but this time the banksters are taking allmthe money. It is time to fight and end the fed!

]]> By: 1ofthemany https://4closurefraud.org/2012/08/15/freddie-fannie-push-bank-bad-debt-cost-to-84-billion-mortgages/#comment-400539 Thu, 16 Aug 2012 17:09:06 +0000 https://4closurefraud.org/?p=51552#comment-400539 Shouldn’t that depiction state “The People are propping them up until investor confidence returns” so many forget WE are Uncle Sam via taxation and “illegal manipulation” (i.e Fraud) known more-so these days as laws.

]]> By: Mary https://4closurefraud.org/2012/08/15/freddie-fannie-push-bank-bad-debt-cost-to-84-billion-mortgages/#comment-400354 Wed, 15 Aug 2012 18:12:50 +0000 https://4closurefraud.org/?p=51552#comment-400354 Is that what they did with Goldman regarding the toxic loans in the securitized trusts?? What happens to the loans in say: GSAMP2007HE2?

Anybody got an answer for that?

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