Remember 2013 JP Morgan Settlement

http://www.stopfraud.gov/iso/opa/stopfraud/2013/13-ag-1237.html Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Tuesday, November 19, 2013 Justice Department, Federal and State Partners Secure Record $13 Billion Global Settlement with JPMorgan for Misleading Investors About Securities Containing Toxic Mortgages   *CORRECTION: The release below previously stated that New York is receiving $613.8 million in this settlement, however, theContinue reading “Remember 2013 JP Morgan Settlement”

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Toxic Loans – Settlement for Investors, SCREW THE BORROWERS!!!

Settlement can be found at: Click to access 471201471413656848428.pdf This Settlement Agreement (“Agreement”) is entered into between the United States acting through the United States Department of Justice (“Department of Justice”), along with the States of California, Delaware, Illinois, and New York and the Commonwealth of Massachusetts, acting through their respective Attorneys General (collectively, “theContinue reading “Toxic Loans – Settlement for Investors, SCREW THE BORROWERS!!!”

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I Was Depressed, But Am Much Better Now…

After I read some posts on others’ blogs, I really do feel much better. Wanna know which ones I read? Here they are: “NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION” On Liberty Road Media: http://libertyroadmedia.wordpress.com/2014/06/20/no-endorsement-no-negotiation-no-negotiation-no-securitization/ and I read this and it helped too!: Ineptocracy from here: http://tomfernandez28.com/2014/06/20/ineptocracy-3/ Of course this Helped a lot!: http://www.newser.com/story/188674/miss-usa-doesnt-know-her-state-capital.html butContinue reading “I Was Depressed, But Am Much Better Now…”

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Exclusive: NY Judge in Largest Bankruptcy Case in History Receives IRS & SEC Whistleblower Filing 24 APRIL 2014 63 COMMENTS **WORLD EXCLUSIVE BREAKING STORY.** **MUST CREDIT INVESTIGATIVE JOURNALIST MARINKA PESCHMANN** Creditor and Whistleblower evidence alleges securities fraud, income tax fraud and income tax evasion. Further investigation is necessary to protect millions of homeowners. If you haveContinue reading

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FHFA Settles With BofA for $5.83 Billion Over Countrywide Legacy Loans http://nationalmortgageprofessional.com/news47937/FHFA-Settles-With-BofA-%245.83-Billion-Over-Countrywide-Legacy-Loans?utm_source=MadMimi&utm_medium=email&utm_content=NMP+Daily%3A+FHFA+Settles+With+BofA+for+%245_83+Billion+Over+Countrywide+Legacy+Loans+and+More+___&utm_campaign=20140327_m119753830_NMP+Daily%3A+FHFA+Settles+With+BofA+for+%245_83+Billion+Over+Countrywide+Legacy+Loans+and+More+___&utm_term=FHFA+Settles+With+BofA+for+_245_83+Billion+Over+Countrywide+Legacy+Loans Thu, 2014-03-27 18:47 — NationalMortgag… The Federal Housing Finance Agency (FHFA) has announced it has reached a settlement in cases involving Bank of America, Countrywide Financial, Merrill Lynch, and certain named individuals totaling approximately $5.83 billion. Bank of America Corporation owns Countrywide and MerrillContinue reading

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From Our Friends at LivingLies Hearsay on Hearsay

  Hearsay on Hearsay: Bank Professional Witnesses Using Business Records Exception as Shield from Truth by Neil Garfield Wells Fargo Manual “Blueprint for Fraud” Well that didn’t take long. Like the revelations concerning Urban Lending Solutions and Bank of America, it is becoming increasingly apparent that the the intermediary banks were hell bent for foreclosure regardlessContinue reading “From Our Friends at LivingLies Hearsay on Hearsay”

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         Foreclosure filings were reported on 124,419 U.S. properties in January 2014, an 8 percent increase from December but still down 18 percent from January 2013.  Foreclosure filings were reported on 1,361,795 U.S. properties in 2013, down 26 percent from 2012 and down 53 percent from the peak of 2.9 million propertiesContinue reading

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Whistleblower, Szymoniak Has It Going On!

http://www.nationalmortgagenews.com/features/Banks-Mortgage-Companies-Defrauded-HUD-Veteran-Whistleblower-Says-1041017-1.html?zkPrintable=true Friday, February 14, 2014   Banks, Mortgage Companies Defrauded HUD, Veteran Whistleblower Says By Kate Berry FEB 5, 2014 1:30pm ET   A whistleblower with a track record of wresting large settlements from banks is suing 22 companies for allegedly filing fraudulent mortgage documents with the Department of Housing and Urban Development. Lynn E. Szymoniak,Continue reading “Whistleblower, Szymoniak Has It Going On!”

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Jeff Barnes/Foreclosure Defense Nationwide “New Legal Issues”

NEW LEGAL ISSUES COMING UP IN TRIAL AND APPELLATE COURTS DECEMBER 16, 2013 With the release of the US Bank admissions per our post of November 6, 2013; the issuance of the opinions from the Supreme Courts of Oregon and Montana holding that MERS is not the “beneficiary”; and recent opinions from various jurisdictions whichContinue reading “Jeff Barnes/Foreclosure Defense Nationwide “New Legal Issues””

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Sentiments of US District Judge, Jed S. Rakoff – We Need More Judges Like This One!

I was reading some information about the financial crisis in this country (USA), and ran across a paper written by US District Court Judge Jed S. Rakoff.  If we had more Judges with the mind of this one, we would not be in nearly as bad a shape as we are in.  I have notContinue reading “Sentiments of US District Judge, Jed S. Rakoff – We Need More Judges Like This One!”

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Jeff Barnes, Esq. On the Ball!

http://foreclosuredefensenationwide.com/?p=533 US BANK ADMITS, IN WRITING FROM THEIR CORPORATE OFFICE, THAT THE BORROWER IS A PARTY TO AN MBS TRANSACTION; THAT SECURITIZATION TRUSTEES ARE NOT INVOLVED IN THE FORECLOSURE PROCESS; HAVE NO ADVANCE KNOWLEDGE OF WHEN A LOAN HAS DEFAULTED; THAT THE “TRUE BENEFICIAL OWNERS” OF A SECURITIZED MORTGAGE ARE THE INVESTORS IN THE MBS;Continue reading “Jeff Barnes, Esq. On the Ball!”

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New post on Livinglies’s Weblog Fannie and Freddie Demand $6 Billion for Sale of “Faulty Mortgage Bonds” by Neil Garfield You read the news on one settlement after another, it sounds like the pound of flesh is being exacted from the culprits again and again. This time the FHFA, as owner of Fannie and Freddie, isContinue reading

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New Upcoming Fines for JP Morgan and Chase Co.

Mortgage group concerned about payment structures for fines  http://www.insidecounsel.com/2013/10/08/mortgage-group-concerned-about-payment-structures?t=litigation  Group says large banks have the option to leverage loans they don’t own in order to settle violations BY CHRIS DIMARCO October 8, 2013 • Reprints  While the Department of Justice (DOJ) and J.P. Morgan and Chase Co. have still yet to reach a settlement toContinue reading “New Upcoming Fines for JP Morgan and Chase Co.”

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Mark Stopa’s “The Erosion of the Judiciary”

Foreclosure Court: The Erosion of the Judiciary                                                                                                Continue reading “Mark Stopa’s “The Erosion of the Judiciary””

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Another Great Article From Living Lies, Telling It Like It Is!

LAST CHANCE FOR JUSTICE Posted on August 19, 2013 by Neil Garfield https://livinglies.wordpress.com/2013/08/19/last-chance-for-justice/ “We are still in the death grip of the banks as they attempt to portray themselves as the bulwarks of society even as they continue to rob us of homes, lives, jobs and vitally needed capital which is being channeled into natural resources so thatContinue reading “Another Great Article From Living Lies, Telling It Like It Is!”

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DOC X IN HOT WATER AGAIN!!!

STATE OF MICHIGAN ATTORNEY GENERALBILL SCHUETTE FILES CRIMINAL CHARGESAGAINST FORMER MORTGAGE PROCESSORPRESIDENT FOR ROLE IN FRAUDULENTROBOSIGNINGhttp://www.michigan.gov/ag/0,4534,7-164-46849_47203-290350–,00.html http://www.linkedin.com/osview/canvas?_ch_page_id=1&_ch_panel_id=1&_ch_app_id=49029150&_applicationId=103900&appParams=%7B%22document%22%3A%22cf986799-3863-43e3-91bd-69e1d8db8438%22%2C%22method%22%3A%22document.view%22%2C%22layout%22%3A%22layout_blank%22%2C%22target%22%3A%22blank_content%22%2C%22surface%22%3A%22canvas%22%7D&_ownerId=57736655&completeUrlHash=_VxgNovember 26, 2012 LANSING – Michigan Attorney General Bill Schuette today announced he charged Lorraine Brown, former president of mortgage document processor DocX, with racketeering for her alleged role in authorizing the fraudulent signing of mortgage documents filed inContinue reading “DOC X IN HOT WATER AGAIN!!!”

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Federal Judge Magner: Wells Fargo’s Behavior “Highly Reprehensible” – Mandelman Matters

  Federal Judge Magner: Wells Fargo’s Behavior “Highly Reprehensible” Does anyone know what’s happened at Wells Fargo Bank?  If so, please let the rest of us know, because in a line up of TBTF bank CEOs, to stand out as being particularly awful is no easy task… and yet Wells Fargo’s CEO, John Stumpf hasContinue reading “Federal Judge Magner: Wells Fargo’s Behavior “Highly Reprehensible” – Mandelman Matters”

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Fed Blesses Banks’ Foreclosure-Rental Approach – Developments – WSJ

April 5, 2012, 5:55 PM http://blogs.wsj.com/developments/2012/04/05/fed-blesses-banks-foreclosure-rental-approach/ Fed Blesses Banks’ Foreclosure-Rental Approach By Alan Zibel Reuters Federal Reserve Chairman Ben Bernanke The Federal Reserve set out new polices for banks that decide to rent out foreclosed homes, endorsing a strategy for managing the huge number of distressed properties that have piled up during the housing bust.Continue reading “Fed Blesses Banks’ Foreclosure-Rental Approach – Developments – WSJ”

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Mortgage Tornado Warning, Unheeded – NYTimes.com

http://www.nytimes.com/2012/02/05/business/mortgage-tornado-warning-unheeded.html?_r=2&ref=business A Mortgage Tornado Warning, Unheeded Gary Bogdon for The New York Times After his own experience dealing with a mortgage mess, Nye Lavalle set out to learn all he could about the mortgage industry, traveling nationwide to dig into records. In 2003, he compiled a dossier of practices at Fannie Mae. In hindsight, theContinue reading “Mortgage Tornado Warning, Unheeded – NYTimes.com”

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Foreclosure Fallout: Robo-Signing deal falls flat

Oppenheim Law, http://www.linkedin.com/news?viewArticle=&articleID=5567684076652986380&gid=1467337&type=member&item=91028246&articleURL=http%3A%2F%2Fsouthfloridalawblog%2Ecom%2F2012%2F01%2F24%2Fforeclosure-fallout-robo-signing-deal-falls-flat%2F&urlhash=qxrl&goback=%2Egde_1467337_member_91028246 This was shared by Tiffany Arthur in Foreclosure Prevention:  Real Estate Agents, Investors, Bankruptcy Attorneys, Mortgage/Lending Agents @ LinkedIn Will Obama Target Housing Crisis During State Of The Union?  Obama and the State of the Union — a Political Jekyll and Hyde? President Obama is likely to talk about this in tonight’sContinue reading “Foreclosure Fallout: Robo-Signing deal falls flat”

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