Must ReadLatest Submissions

bankruptcycdocdsCorruptionFannie MaeforeclosureForeclosure FraudForeclosuregatefreddie macFront PageMERSmortgage electronic registration systemMortgage Fraudsecurities fraud

LPS Class Action – CITY OF ST. CLAIR SHORES GENERAL EMPLOYEES’ RETIREMENT SYSTEM v. LENDER PROCESSING SERVICES, INC.

CLASS ACTION COMPLAINT FOR VIOLATIONS OF THE FEDERAL SECURITIES LAWS Keywords from the complaint… false and misleading statements deceptive and improper document execution improper use …

Read more 3 Comments
bankruptcycdocdsCorruptionFannie MaeforeclosureForeclosure FraudForeclosuregatefreddie macMERSmortgage electronic registration systemMortgage Fraudsecurities fraud

LA Times: Despite Judge Meenu Sasser’s Vehement Protestations Otherwise, Foreclosure “Paperwork” Problems are Widespread ~ US Treasury Official

LINK – Lawsuit claims that Florida’s largest foreclosure firm faked documents Aug 3, 2010 … “I haven’t seen any widespread problem,” Sasser said. The same …

Read more 8 Comments
bankruptcycdocdsCorruptionFannie MaeforeclosureForeclosure FraudForeclosuregatefreddie macMERSmortgage electronic registration systemMortgage Fraudsecurities fraud

CoreLogic: Shadow Inventory Jumps More Than 10 Percent in One Year, Pushing Total Unsold Inventory to 6.3 Million Units

CoreLogic: Shadow Inventory Jumps More Than 10 Percent in One Year, Pushing Total Unsold Inventory to 6.3 Million Units CoreLogic estimates shadow inventory, sometimes called …

Read more 6 Comments
bankruptcycdocdsCorruptionFannie MaeforeclosureForeclosure FraudForeclosuregatefreddie macMERSmortgage electronic registration systemMortgage Fraudsecurities fraud

Bank Directors Too Busy Researching Which Countries Do Not Have Extradition Agreements w/US to Address Shareholders’ Concerns?

PR10-11-104 Contact: Sharon Lee, (212) 669-3747 November 18, 2010 SHAREHOLDERS DEMAND: WHERE ARE BANKS’ DIRECTORS IN FORECLOSURE MESS? Liu: “Their Silence is Deafening” NEW YORK, …

Read more 5 Comments
bankruptcycdocdsCorruptionFannie MaeforeclosureForeclosure FraudForeclosuregatefreddie macMERSmortgage electronic registration systemMortgage Fraudsecurities fraud

WAPO – The “Great MERS Whitewash Bill”, Aggressive Lobbying Defends Mortgage-Trading System

Aggressive Lobbying Defends Mortgage-Trading System By Ariana Eunjung Cha and Brady Dennis Washington Post Staff Writers Thursday, November 18, 2010; 11:10 PM The financial services …

Read more 6 Comments