Comments on: Chris Whalen On JPM And Fraudclosure (IMPORTANT!)

By: Apple

Apple — Fri, 05 Oct 2012 10:59:53 +0000

Chris Whalen’s comments are just the tip of the iceberg. More fraud than you can even dream of, if you know the questions to ask.

By: Mary

Mary — Thu, 04 Oct 2012 19:52:03 +0000

As to the last post when is it time for the Foreclosure Mills like one Phelan Hallinana and Schmieg llp to go down since they were invovled and do the same kind of pratices that Howard Sterm associates did and Baum and the Fact is clear now that Mr Phelan has a brother who was clearly working for Fannie Mae as VP and Risk management officier Every one can clearly see the evident line of the exchanges of private documents being moved under the scope for illegal fabricatios along with the fact Mers does not have the authority to do all that they have been doing for years (misrepresentations all along the way makes room for the people to continue to fight for thier Property even after the sale for it to be returned to give it back to rightful owner ,but clerly again the system makes out by deceptive theft . all these places very clearly need shut down. the fines each county and state would be entitly to would be a very substancial amount that would clearly help each and every community.

By: stripes

stripes — Thu, 04 Oct 2012 17:51:42 +0000

Yes, they were loan swapping and they hid alot of it in MERS. There was even loan swapping going on at the closing table and I have proof of that. They most certainly do not want to produce any General Accounting Ledgers of their crimes or reveal who were parties to their crimes..and that they were all insured on this massive fraud.

By: Alabama John

Alabama John — Thu, 04 Oct 2012 16:58:49 +0000

Until there is punishment instead of rewards for the wrongs being done, there will be no reason to stop.
That is the thinking today and so far, its been very accurate..

By: johnrdJohnR

johnrdJohnR — Thu, 04 Oct 2012 15:53:18 +0000

I both agree and disagree with what “davellforge says” when he states “You failed to mention the real culprit in the matters of Fraudclosures, and that happens to be the Fraudclosure Mills.” And I disagree only in that the REAL culprit, it seems to me, are all of the Attorney’s who, under oath and threat of loss of license, have brought fraudulent and forged documents (made by the above mentioned Mills) and then submitted them into the Courts as if they were valid AND the Judges who, even after being informed that those same doc’s were in fact fraudulent and forged documents that, because of the terms within the foreclosing Trusts controlling doc’s (PSA), could not possibly be legal, foreclosed on the homeowners anyway. The Fraudclosure Mills are bad… very, very, very bad (and genuinely stupid too!) but our Legal System is proving itself to be nothing but cheap, ignorant puppets for the financial elite… and that makes them, in my own mind, many times worse.

By: elexquisitor

elexquisitor — Thu, 04 Oct 2012 15:47:30 +0000

Guess what. Had a recent hearing in CA Inferior Court where I pointed out reason for JPM not being a holder in due course, and therefore had to prove its claim to possession of the note per UCC-3, citing statutes, case law, and requesting a statement of decision. Judge blew me off.

By: Ken Hansen

Ken Hansen — Thu, 04 Oct 2012 14:05:30 +0000

Other blogs maintain “this wasn’t an issue” especially one Naked outlet – if the general public understands just a lil’ bit more ’bout how the game is rigged this would be harmful to certain interests. Naturally, there are “lawyers” who will say this isn’t a big issue. Depends on whether ” multiple pledges of loans for different RMBS” is made an issue. Can’t rely on any politician however, since they are hopeless until forced into action.

By: daveleforge

daveleforge — Thu, 04 Oct 2012 13:00:17 +0000

You failed to mention the real culprit in the matters of Fraudclosures, and that happens to be the Fraudclosure Mills. Those greedy bast@#@s are suppose to have complete knowledge of foreclosure law. One would only think they should know that each foreclosure suit filled is fraud before filling them. They should be held to a higher accountability. How fast do you think the Banks will react when they have no foreclosure mills willing to take on the fraud when the mills know they will be held 150% accountable??? COMMON SENSE STUFF HERE.