Comments on: NY AG Eric Schneiderman Announces Lawsuits Against Wells Fargo & Bank of America for Repeatedly Violating the Terms of the National Mortgage Settlement

By: hateny

hateny — Mon, 29 Jul 2013 18:48:55 +0000

In reply to talktotennessee. Ah, your mistaking our Attorney General for our moron of a Governor, Andrew Cuomo. This is the anti-constitution, make an "emergency law" when it's not an emergency in the middle of the night with no public input (purposely to get it passed) that will likely run for president. Please don't vote for this a$$hole if he does. Thanks. (BTW, will be leaving NY for good asap for TN!! Love your state!!).

By: Laura

Laura — Tue, 07 May 2013 18:14:37 +0000

I’m glad he’s doing it, but out of all the people who have been harmed by the banks you can only find this lady to put on stage? Some woman whose whole family is in default? Her sister, her daughter, her. Come on, its a joke. A PR nightmare, & she has a foreign accent too boot. She and her defaulting family are just going to make Tea Party members hopping mad. Not going to garner too much sympathy – even for those sympathetic. I’d say it almost hurts the cause. Try a little harder for your poster child for Pete sake.

By: Ronald Williams

Ronald Williams — Tue, 07 May 2013 17:35:03 +0000

In reply to talktotennessee. The 2000 pound gorilla in the room are the courts nationwide. Case after case after case has saw courts relieving banks of the legal obligation to establish standing in the manner required by the Uniform Commercial Code. Courts are enabling banks to use papers completely outside of UCC requirements to establish standing. The Washington Mutual, FDIC and Chase connection is a classic example. When the FDIC placed WAMU mortgage notes in receivership and thereafter sold them to Chase, it was done under the Purchase and Assumption Agreement. Even though that agreement calls for transfers of notes sold to Chase by the FDIC to be done by either a Receiver's Deed or Receiver's Bill of Sale (PAA, Article III, Sect. 3.3) Court are not requiring Chase to produce either document. Nor are courts requiring Chase to produce the original notes. The foreclosure fraud is being made possible by the Courts and their refusal to simply enforce the UCC

By: talktotennessee

talktotennessee — Tue, 07 May 2013 02:22:46 +0000

In reply to Steve. Why other states aren't filing suits? Maybe their Attorney General isn't running for president?

By: Steve

Steve — Tue, 07 May 2013 02:14:20 +0000

There, more proof. Why aren’t other states following this example.

By: tigers' den

tigers' den — Tue, 07 May 2013 01:18:22 +0000

Sorry – without the entire batch – all of them – this is weak and toothless . . . what about the other servicers not included in the settlement – when are they even going to be mentioned – let alone called out by law enforcement for flagrant violations and fraud. BA and Wells good start – but not enough . . . it is discriminatory to pick two out of the crowd and allow the others to run free . . . every homeowner that has dealt with this mess should be getting both legal assistance and compensation whether or not their ‘lenders’ are named on the settlement.