When Holder first trotted out these figures last October, he bragged during a press conference about the results of the government’s “Distressed Homeowner Initiative,” which he called “a groundbreaking, yearlong mortgage-fraud enforcement effort” and “the first ever to focus exclusively on crimes targeting homeowners.”
~
Eric Holder Owes the American People an Apology
The Justice Department made a long-overdue disclosure late Friday: Last year when U.S. Attorney General Eric Holder boasted about the successes that a high-profile task force racked up pursuing mortgage fraud, the numbers he trumpeted were grossly overstated.
We’re not talking small differences here. Originally the Justice Department said 530 people were charged criminally as part of a year-long initiative by the multi-agency Mortgage Fraud Working Group. It now says the actual figure was 107 — or 80 percent less. Holder originally said the defendants had victimized more than 73,000 American homeowners. That number was revised to 17,185, while estimates of homeowner losses associated with the frauds dropped to $95 million from $1 billion.
The government restated the statistics because it got caught red-handed by a couple of nosy reporters. Last October, two days after Holder first publicized the numbers, Phil Mattingly and Tom Schoenberg of Bloomberg News broke the story that some of the cases included in the Justice Department’s tally occurred before the initiative began in October 2011. At least one was filed more than two years before President Barack Obama took office.
After their initial story, I asked a Justice Department spokeswoman, Adora Andy, several times over the course of a month for a list of the people charged and their case details so I could look them up myself. She promised repeatedly to provide one, until she finally stopped responding to my requests.
Her e-mails to me were priceless. On Oct. 19, Andy said: “We’ll have a list to you — it will take some time to pull it together.” On Oct. 26, she said: “You will get a list,” explaining that “this is a labor-intensive process.” On Nov. 5, she said: “It looks like we should have the list to you by the end of the week if not sooner.” On Nov. 13: “Hold tight. Finalizing things on this end. Should have something to you tonight.” Again, no list. “I assure you I’m working as hard as I can to get this to you along with the lead agency on this matter, FBI,” she said later that same day. “It’s just very laborious with so much going on and so little staff.”
Be sure to check out the rest here…
~
You all really need to look at who Obama has appointed in cabinet positions…and mind you, appointed…and how in the he** we are going to get these facists out! He knows exactly what he’s doing…tearing this country down piece by piece by piece. A wife who blatently comments she hates ‘white people’ and a rearing of anti-white preaching and socialist behavior. Yep, he’s fully aware of what he’s doing! And yet, the news focuses on some cowboy clown in Missouri who wore an Obama mask and poked fun…poor guy lost his job…so how much does a clown cowboy make anyways that the press has to go and destroy what little bit of life he has? How good they all must feel when they lay their heads down tonite. There’s no more investigative reporting anymore by the news….they want to keep their jobs. It’s just all so very sick. Honestly, I think we are headed for Titanic II.
It is not just Obama, we have been in the sinking Titanic since Clinton and every president after. They are all related to each other just cousins away.
Nothing the government has done has been to protect the people but a sham to protect the banks and put the middle finger to the public. TARP, HAMP the modifications and Promontory and the scam companies investigating the fraud and crime in the banks to cover up the fraud and a three hundred dollar check to most homeowners after literally stealing their houses bank admitting thirty percent not to be in default, a number that is believed to be very low. RUST sending the checks in junk mail form to the wrong addresses and 400 thousand checks returned and how many thrown away because they looked like junk mail. http://washingtonexaminer.com/video-geithner-sacrificed-homeowners-to-foam-the-runway-for-the-banks/article/2502982. We are the target!
When Holder first trotted out these figures last October, he bragged during a press conference about the results of the government’s “Distressed Homeowner Initiative,” which he called “a groundbreaking, yearlong mortgage-fraud enforcement effort” and “the first ever to focus exclusively on crimes targeting homeowners.” He meant an effort to enforce mortgage fraud against the American people and targeting the homeowners. You just read it wrong.
Great article!! More people should get in the know about how our government is handling the mortgage debacle!