“Ghetto Loans” City accuses Wells Fargo of engaging in illegal “Reverse Redlining”
By BEN NUCKOLS (AP) BALTIMORE — A federal judge suggested Monday that he might restrict the scope of a first-of-its kind lawsuit filed by the …
Posts tagged bank fraud
REALITY TV: Private Sector and Government Response to the Mortgage Foreclosure Crisis
Laurie Goodman, Senior Managing Director, Amherst Securities, and veteran MBS analyst serves up painful facts about mortgage defaults. Click Here To View Archived Webcast Here’s …
bankruptcycdoCorruptionFannie MaeforeclosureForeclosure Fraudfreddie macMERSmortgage electronic registration systemMortgage Fraud
Fair Game – Lawsuit Reveals the Problems Inside Wall Street’s Mortgage Machine
Gretchen Morgenson does it again! Get Ready, Get Set, Point Fingers By GRETCHEN MORGENSON Published: December 12, 2009 DURING the lending mania, as Wall Street’s …
bankruptcycdoCorruptionFannie MaeforeclosureForeclosure Fraudfreddie macMERSmortgage electronic registration systemMortgage Fraud
“Pretender Lender” IndyMac Defies Court Order in Yano-Horoski Case!!!
Indy Mac claims $474,936.78 still is owed two weeks after Justice Jeffrey Spinner ordered the mortgage canceled. Source: Judge orders parties back to court in …
Banksters Say No Way to Proposed Mortgage Bankruptcy Changes
Financial Reform: Cramdown Fails, CFPA Preserved Dec. 11 (Bloomberg) — Republican lawmakers defeated a mortgage “cram-down” amendment that would have given federal judges the power …
cdoCorruptionFannie MaeforeclosureForeclosure Fraudfreddie macMERSmortgage electronic registration systemMortgage Fraudsecurities fraud
Toxic Titles – “Pretender Lenders” Walking Away from Foreclosures
Governor Elizabeth A. Duke At the Community Stabilization Symposium, NeighborWorks Training Institute, National Harbor, Maryland December 9, 2009 Keys to Successful Neighborhood Stabilization “Communities with …
MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., Appellant, v. LISA MARIE CHONG, LENARD E. SCHWARTZER, BANKRUPTCY TRUSTEE
MERS SMACKDOWN in NEVADA!!! Dist. Ct. Case No. 2:09-CV-00661-KJD-LRL Bankr. Ct. Case No. BK-S-07-16645-LBR “This appeal arises from eighteen cases in which MERS filed motions …
A New Foreclosure Tactic – Lenders / Debt Collectors Holding Second Mortgages Freeze Bank Accounts
Priority? What’s That? “If you wondered how ugly things would get in terms of lenders ignoring priority (after the government wantonly did so) here’s your …
bankruptcycdoCorruptionFannie MaeforeclosureForeclosure Fraudfreddie macMERSmortgage electronic registration systemMortgage Fraudsecurities fraudUncategorized
The Giant Pool of Money – How They Transfered the Wealth
The Giant Pool of Money “The problem was that even though housing prices were going through the roof, people weren’t making any more money. From …
Foreclosure Defense – Use the UCC
Something interesting I came across… Thoughts??? “In light of the fact that virtually all promissory notes taken by banks, mortgage companies, etc., were sold at …