settlement – Manifest Injustice

Department of Justice http://www.justice.gov/opa/pr/2014/July/14-ag-733.html Office of Public Affairs FOR IMMEDIATE RELEASE Monday, July 14, 2014 Justice Department, Federal and State Partners Secure Record $7 Billion Global Settlement with Citigroup for Misleading Investors About Securities Containing Toxic Mortgages Citigroup to Pay the Largest Penalty of Its Kind – $4 Billion The Justice Department, along with federalContinue reading

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Freddie Mac Is Putting an 83 Year Old Lady Out on the Street!

It never ceases to amaze me. With all these numerous govt. programs that are supposed to be helping Homeowners/Borrowers stay in their homes, I have to wonder just who the hell it is that they are allegedly helping. A case in Colorado, that I have become aware of, the 83 year old woman is mostContinue reading “Freddie Mac Is Putting an 83 Year Old Lady Out on the Street!”

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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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Manifest Injustice Through Judicial Corruption

POLICY: LAW http://washingtonexaminer.com/a-whistleblowers-worst-nightmare/article/2546069 A whistleblower’s worst nightmare BY DIANE DIMOND | MARCH 21, 2014 AT 2:52 PM TOPICS: 2007 HOUSING CRISIS WHISTLEBLOWERS LAW Photo – Sadly, there is not enough space here to tell you the entire 7-year saga of whistleblower Michael Winston, but the bottom line is this: He got royally screwed by theContinue reading “Manifest Injustice Through Judicial Corruption”

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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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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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Certified Forensic Loan Auditors, LLC | AG Biden Says $25B Settlement Not the End, Securitization Next

AG Biden Says $25B Settlement Not the End, Securitization Next mortgagenewsdaily.com | May 16, 2012 Delaware Attorney General Beau Biden said recently that the states’ attorneys general need to make it clear that the recent $25 billion settlement with five major banks is the beginning not the end of their enforcement actions. Biden, speakingContinue reading “Certified Forensic Loan Auditors, LLC | AG Biden Says $25B Settlement Not the End, Securitization Next”

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For America’s hard-hit homeowners, little relief from settlement | Reuters

http://www.reuters.com/article/2012/02/10/us-mortgage-settlement-homeowners-idUSTRE81907T20120210 For America’s hard-hit homeowners, little relief from settlement Houses under construction are seen in Phoenix, Arizona, August 23, 2011. Credit: Reuters/Joshua Lott By Jilian Mincer NEW YORK | Fri Feb 10, 2012 12:15am EST NEW YORK (Reuters) – Crystal Morello’s family pleaded for months with their lender for a cheaper mortgage on their familyContinue reading “For America’s hard-hit homeowners, little relief from settlement | Reuters”