Foreclosure Fraud = Failing Banks = Pension Fund Problems ?

I've been hearing a lot about Greece and the riots and stikes due to the huge debt load that the country can no longer afford.  It has spread to other European countries as well.  Argentina has gone through similar. In fact Switzerland is one of the few countries with low debt ratio.  I must admit I don't understand it all but I'm learning.

The greed of the banks in America very well could be our undoing. I caution the government officials,  when going after the banks, do not get big settlements for future foreclosure prevention or cleanup, but to return the money to those who have lost their homes wrongfully or are in process.  Send the criminals to jail and restore Americans rightful ownership.   Fraud visciates everything.. there was fraud so there is no contract, no loan , no foreclosure.



“Fraud destroys the validity of everything into which it enters,” Nudd v. Burrows, 91 U.S
426. “Fraud vitiates everything,” Boyce v. Grundy, 3 Pet. 210. “Fraud vitiates the most solemn
contracts, documents and even judgments,” U.S. v. Throckmorton, 98 U.S. 61.

Viral Report of BANK FRAUD: BEST REPORT SEEN! Video included

BEST Report I have seen on the bank and political FRAUD involved in foreclosure fraud.  Now they need an in depth report on the MORTGAGE FRAUD.    If you are concerned that you might have mortgage fraud search through the blog posts using tool above.  OR Check Many of the blogs on the blog roll to right and join mortgage-challenge yahoo group and showmetheloan.net.   You can also find out about foreclosure fraud and resources on these groups.

30-90% are WRONG.  Everyone I know says the figure is 90% and sometimes more.

If you know someone facing eviction give them the information on where to get help by letting them know of these groups.   It is not to late.

Listen to the report above and pay attention to the securities and chain of title.   WE need to save AMERICA  and deal with the fraud.  FRAUD is FRAUD is FRAUD.  PENSION funds are affected.

KUDOS to MSNBC for the BEST article I have seen! And to see the full video report of Woman burglarized by her bank CLICK HERE

Grayson calls on Florida Chief Justice to halt “foreclosure mill” cases � Florida Independent: News. Politics. Media

Grayson calls on Florida Chief Justice to halt “foreclosure mill” cases � Florida Independent: News. Politics. Media:

"Citing the reporting of Mother Jones and the New York Times, Congressman Alan Grayson has sent a letter calling on the Chief Justice of the Florida Supreme Court to “abate” foreclosure cases involving three law firms currently under scrutiny from the Office of Attorney General Bill McCollum until the investigation is complete.

NOTE insertion: read full article by clicking title link. Follow links to see original information. The letter by Grayson is on several websites.

“If the reports I am hearing are true, the illegal foreclosures taking place represent the largest seizure of private property ever attempted by banks and government entities,” Grayson wrote. “This is lawlessness.”

The Attorney General’s investigation specifically names the Law Offices of Marshall C. Watson, Shapiro & Fishman, and the Law Offices of David J. Stern. Together, Grayson wrote, they account for nearly 80 percent of all foreclosure cases in Florida.

In its�press release announcing the investigation, McCollum’s office said  >>>>keep reading


Also check out  Living Lies article on same

Political Economy - Ally's GMAC mortgage unit temporarily halts evictions in 23 states

MY NOTE: sound familiar???? the suspension reasoning - OH YEA!

Political Economy - Ally's GMAC mortgage unit temporarily halts evictions in 23 states:

Ally's suspension may be due to several cases in Maine being pursued by a group of pro bono attorneys. While investigating complaints by homeowners about unjust foreclosures, the group discovered that the filings were all signed off by one GMAC employee, the "team leader for document execution."

In his deposition, this employee -- who signed documents for foreclosures across the country -- stated that when he signs them, he does not know what information the file contains other than the borrower's name, that he does not inspect the exhibits he's supposed to, and that the notary who supposedly witnessed his signing was not in the room. r

ead fulll article 

Here's the full list of states that are affected: (from article referenced above)

"Connecticut

Florida
Hawaii
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Nebraska
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Pennsylvania
South Carolina
South Dakota
Vermont
Wisconsin"

read fulll article by clicking title link above. stay tuned for more news as more is coming down the newspipe! 

Daylight showing in Court battles for Fighting Foreclosure: Free Seminar

Are you delinquent, in foreclosure fighting eviction? Attend the free seminar Sept. 15th.  5 seats left.  nlss.audits@gmail.com. 

sxc.hu

I am JAZZED -  TODAY I found wins in appellate court and blogged  about the CO-OP going against HUD.  Awesome! 


THEN  one of my auditor friends calls and tells me one of my favorite lawyers won a forcible detainer  against my nemesis Tiffany and Bosco.   GO LAWYER GO!!!! 
  


Not only that on another case yesterday this same lawyer stopped a trustee sale.  Big Deal you say- you've done that?   WELL get this!!!  He not only stopped the sale - it is STOPPED UNTIL the litigation is over.  These things have not been happening in YEARS.. .I stopped my friend long enough to ask him WHY didnt' I get invited to this party???????

 AND THAT'S NOT ALL - WAIT THERE'S MORE

Another lawyer in our group  (by the way)  Won the right to a jury trial.... 1st jury trial granted in foreclosure cases in 30 years.  Oh yes it IS Arizona State law that you have the right to a jury trial  - but our commisioners (acting as judges) DO NOT GRANT JURY TRIALS.  They MUST think it costs too much to allow a person their civil rights.  Makes you wonder doesn't it? 

If you want to find out more about your options,  check out lawyers that "GET IT" or find out more about foreclosures in general - I have 5 seats left.  so EMAIL fast  nlss.audits@gmail.com  

Goldman Sachs fined $27 million: largest fine in SEC history

The Associated Press: UK agency fines Goldman Sachs $27 million:

"LONDON — Britain's financial regulator hit Goldman Sachs International with a 17.5 million pounds ($27 million) fine on Thursday for failing to notify U.K. authorities about an investigation in the United States.

It was the second-largest fine ever imposed by the Financial Services Authority, eclipsed only by the 33.32 million pounds fine announced in June against J.P. Morgan Securities Ltd. for mishandling clients' funds.

The British agency's investigation began in April after the U.S. Securities and Exchange Commission filed civil fraud charges against Goldman Sachs for allegedly misleading buyers of complex mortgage-related investments in 2007. Goldman settled the charges in mid-July by agreeing to pay $550 million — the largest penalty against a Wall Street firm in the SEC's history."

additionally the article mentioned this: "GSI did not set out to hide anything, but its defective systems and controls meant that the level and quality of its communications with the FSA fell far below what we expect of an authorized firm," Cole said.

NOTE:  Banks misleading people and corporations? Say it isn't so. Is the  Largest Fine in history  too little? 

Read full article by clicking on title link.

$1 billion nationwide: NPS foreclosure damage grant

sxc.hu

»	byLeonardini

Maryland foreclosures: State to get $6.8 million to help stabilize neighborhoods damaged by foreclosures - baltimoresun.com: "Maryland communities will receive $6.8 million to combat the damage that foreclosures have wreaked in neighborhoods, the federal government said Wednesday.


The grants are part of $970 million the U.S. Department of Housing and Urban Development is handing out nationally"   Additional locations receiving help include:

St. Louis REgion (including Illionois)  with award of  $16.2 million    this is in addition to the previous 14+ million awarded in previous years. Illinois will recieve $30 million


Oregon will receive funds. $5 million on top  two previous awards of  $19.6 million and $6.8 million. The state has used those awards to acquire more than 350 properties for rehab or resale in 45 communities including Portland, Gresham, Salem and Bend.




Nevada  who leads in foreclosures nationwide; expects $43 million to help with foreclosure
 crisis.. 




Florida  200 million.. .what is slap in the face -  where was  all the help for homeowners whose modifications were never considered and were not helped. Those who were evicted and yet now look at what is said: 

"These homes are going to be the primary residence of those who are working hard during these difficult times, yet are still struggling to own their own home," Brown said. "Additionally, the program puts people to work immediately since many of the homes require renovation."

NOTE:  What about the over 1 million people yearly nationwide that were trying to stay in their homes? 


JUST OUT: -  ARIZONA gets help: 

Arizona to receive $45 million more to fight foreclosure crisis

AZ Central.com - Lynh Bui - ‎1 hour ago‎

8, 2010 01:14 PM Arizona will receive an additional $45 million in federal dollars to help with the state'sforeclosure crisis. Arizona counties, cities and ...

  ROBINHOOD:  STATES IN 


TIGHTS? 

                  


WASHINGTON (MarketWatch) -- The U.S. Housing and Urban Development Department on Wednesday allocated $1 billion in funding to U.S. states to help stabilize neighborhoods faced with many foreclosures. The sweeping bank reform bill, the Dodd-Frank Act, allocated the funds for the programs. "These grants will support local efforts to reverse the effects these foreclosed properties have on their surrounding neighborhoods," said HUD Secretary Shaun Donovan. States can use the funds to acquire land and property; demolish or rehabilitate abandoned properties. 


NOTE:  Read that bold part again... States  can now take advantage of homeowners who has their homes stolen (see florida) by illegal foreclosure mills etc.   Doesn't that just make your brown eyes - blue?  Let's see conflict of interest.... help homeowners?  or help grow cities or state lands?  Dont' staes make laws that affect the homeowners ability to win or lose their foreclosure fight in court?




NOTE:  the ultimate slap in face is evicting homeowners, especially those trying to get help, and then allowing THEIR tax dollars to help fund recovery for the aftermath of foreclosure frenzy




I could go on and on, but it is getting pretty disgusting to listen to ALL the taxpayer money being awarded, when this was PREVENTABLE.   Dont' get me wrong I think neighborhoods need cleaning up and crime preventation and restoration BUT I am sick at heart that states, cities, banks and insurance companies get funding and homeowners get the boot. 




alll images creative commons, public domain.
money funnell is through sxc.hu

»	byLeonardini (

HERE IS SOMETHING YOU CAN DO–MAKE ELIZ. WARREN HEAD OF CPA � Livinglies's Weblog

HERE IS SOMETHING YOU CAN DO–MAKE ELIZ. WARREN HEAD OF CPA � Livinglies's Weblog:

"ELIZABETH WARREN IS NOT JUST A VIABLE CANDIDATE FOR THE JOB OF HEAD OF THE CONSUMER PROTECTION AGENCY, SHE IS THE ONLY ONE ON EARTH WITH SUFFICIENT UNDERSTANDING ABOUT WHAT REALLY OCCURRED TO BE EFFECTIVE IN THAT JOB."

HERE IS THE PROBLEM: The Banks will do ANYTHING to keep her from getting that job. If the President nominates her, it will provoke a big fight in the Senate. If you like the idea of bailing out the banks again, if you like the idea of plunging the country into a recession, if you like the idea of ruining the lives of 20 million homeowners, and if you like the idea of stealing money from investors all around the world, then by all means join hands with the banks and do nothing."

READ entire article by clicking on title link above. 

Fannie Mae frauded zillions of Homeowners: Watch how it makes $$ from YOUR carbon credits

Please retweet this blogpost if you find it helpful in learning about government mortgage homeownership and bank loan modifications

In a departure from the normal posting here, consider this: You don't think what happened to American homeowners and their mortgages has anything to do with you? You can watch this slide show from a popular blog and see how the fraud works in foreclosures. You can also scroll down and watch the video from my previous post about how the mortgage providers profit from short sales and foreclosures.

Evidently, if you can fraud one group of people successfully then you can go on to fraud even more. Not everyone thinks that the majority of home loans was a cesspool of fraud, but many think it has been a fraud nightmare for years. Left unchallenged power corrupts, and with big money at stake power and greed make a frightening partnership.

FANNIE MAE is now planning to do with CARBON CREDITS what it did with the mortgage market. In its first step Fannie Mae has obtained patent rights for system to trade household energy into carbon credits...Be AFRAID be VERY AFRAID

For years its been drilled into us to save... and now they will profit big time READ the article here:

---

HEAT OF THE MOMENT

Disgraced Fannie Mae deep in carbon scheme

Mortgage giant set to collect millions marketing homeowners' energy savings

---

Posted: June 25, 2010
11:10 pm Eastern

By Jerome R. Corsi
© 2010 WorldNetDaily

With the Obama administration pushing for cap-and-trade legislation, former Clinton and Obama adviser Franklin Raines has positioned the government-sponsored mortgage giant Fannie Mae to make millions by selling carbon credits from American homes.

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Not much to link to in news with short time on the weekend.. BUT WATCH for news about the FBI / Obama sweeps for bank fraud. Basically making fraud mortgages go back to originator if I heard the news correctly.

FANNIE MAE and FREDDIE are now OFF the stock exchange. 5 -10 years ago they were hot investment stock and now they are deader than a doornail for investing.

My Realtor friends say to watch for HUGE fall out with new avalanche of mortgages. One of my Realtor friends feels the banks are just holding back on some foreclosures. YOU tell us what you think................

How to find MORTGAGE and LOAN Fraud

Please retweet this blogpost if you find it helpful in learning about government mortgage homeownership and bank loan modifications

Do you wonder if you have loan fraud?

Get out those closing documents!

1) Loan Rescission Notice - Many loans in 2006 did not receive copies of this important notice. If there is more than one person on the loan, each party is to have received a copy.

2) TILA law violations - TILA is the Truth In Lending Act check the link for laws and compare to your documents. You may want to pay for a forensic audit. If you need an audit email me alrady40@yahoo.com and I can refer you to reliable auditor. Did you know that if your loan closed less than 3 years ago you can rescind your loan fairly easily?????? A sister law to this is FDCA, Fair Debt Collections Act.

3) Amounts owing are in error or do not add up. A difference of just 65 bucks makes a HUGE difference and is a red flag to challenge the loan.

4) HOEPA I just recently learned about is that loans under 150,000 or interest rates of 8% or more, or points and fees in excess of $583 are red flags. This can be in violation of HOEPA,Home Ownership and Equity Protection Act. Many self employed people were given higher interest rates. We had a high rate but it did not qualify. FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261.

DO You Need Help Reading Your Documents?

If you want a forensic audit you can have one done free through NACA.com. I have not used them and cannot vouch for how well they perform. I do have a forensic auditor I recommend to those that email me. The cost is reasonable and probably less than you pay for one months mortgage.

Finding fraud can help to fight foreclosure, save your home and give you the ammunition to modify that loan to benefit you and not the bank.

COMMENTS/Questions

How to Document Fraudulent recorded paperwork

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Just a simple video today that I nabbed from Matt Weidner's blog. You can learn a lot from the blogs I am following (see left column). But this piece of information was priceless. AFter the video are a couple of articles on making extra money, check them out, it helps my extra income efforts!

Wasnt' that awesome... What do you think? Leave a comment below! Check out these money producing, saving articles too:

How to Apply for free Federal Student Aid - 7

How to Consolidate Debt

How to Increase Social Security by about 1,000 per month

How to Get the Most from Doctor Visit

How to Make Money Today With Little Effort

• How to Get Government Interest Free Loan for up to 10 Years
• How to Make Money Today Quickly
• How to Find A Need and Fill It : Make Millions

Read more: Alrady | eHow.com http://www.ehow.com/members/alrady-articles.html?sortby=Earning&sortorder=0#ixzz0qaLmJqnZ

Bank of America slapped again: Settled for 108,000,000

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This is great news for us that were hit hard by BAC. We were assessed excessive fees for drive by appraisels and they threatened property inspection by entrance to home on notice that property was vacant. Do they just MAKEUP facts? I wonder what they would have had to pay if they had not settled for 108,000,000. It sounds like a lot but is not much considering the accusations read around the net of fraud. Are the avoiding distration as it says? or something more sinister?




June 7, 2010
Bank of America to Pay $108 Million in Countrywide Case
By THE ASSOCIATED PRESS
WASHINGTON (AP) — Bank of America will pay $108 million to settle federal charges that Countrywide Financial Corporation, which it acquired nearly two years ago, collected outsized fees from about 200,000 borrowers facing foreclosure.
The Federal Trade Commission announced the settlement Monday and said the money would be used to reimburse borrowers.
Bank of America purchased Countrywide in July 2008. FTC officials emphasized the actions in the case took place before the acquisition.
The bank said it agreed to the settlement “to avoid the expense and distraction associated with litigating the case,” which also resolves litigation by bankruptcy trustees. “The settlement allows us to put all of these matters behind us,” the company said.
Countrywide hit the borrowers who were behind on their mortgages with fees of several thousand dollars at times, the agency said. The fees were for services like property inspections and landscaping.
Countrywide created subsidiaries to hire vendors, which marked up the price for such services, the agency said. The company “earned substantial profits by funneling default-related services through subsidiaries that it created solely to generate revenue,” the agency said in a news release.
The agency also alleged that Countrywide made false claims to borrowers in bankruptcy about the amount owed or the size of their loans and failed to tell those borrowers about fees or other charges.


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UTAH Judge rules against BAC: Bank of America

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Because this one hits so close to our home it grabbed my attention. UTAH JUDGE has ordered that Bank of Amercia (BAC) must stop all foreclosures in UTAH. Because this is so important and INCREDIBLE - I am simply providing an introduction below this paragraph, to the blog that brought it to my attention. The blogpost includes a visual of the judge's order and link to the TV news article. Bookmark the bloglink for future reference. This is the best news I've heard all week.

BOMBSHELL – JUDGE ORDERS INJUNCTION STOPPING ALL FORECLOSURE PROCEEDINGS BY BANK OF AMERICA; RECONTRUST; HOME LOAN SERVICING ET AL

Posted by Foreclosure Fraud on June 6, 2010 · 1 Comment

(St. George, UT) June 5, 2010 – A court order issued by Fifth District Court Judge James L. Shumate May 22, 2010 in St. George, Utah has stopped all foreclosure proceedings in the State of Utah by Bank of America Corporation, ; Recontrust Company, N.A; Home Loans Servicing, LP; Bank of America, FSB;www.envisionlawfirm.com. The Court Order if allowed to become permanent will force Bank of America and other mortgage companies with home loans in Utah to adhere to the Utah laws requiring lenders to register in the state and have offices where home owners can negotiate face-to-face with their lenders as the state lawmakers intended (Utah Code ‘ 57-1-21(1)(a)(i).). Telephone calls by KCSG News for comment to the law office of Bank of America counsel Sean D. Muntz and attorney Amir Shlesinger of Reed Smith, LLP, Los Angeles, CA and Richard Ensor, Esq. of Vantus Law Group, Salt Lake City, UT were not returned.

The lawsuit filed by John Christian Barlow, a former >>>>>> KEEP READING

3 things to do when talking to Mortgage Holder or BANK

1) DO NOT go delinquent in order to try for modification. Get a forensic audit and negotiate with the bank BEFORE going late. THIS IS IMPORTANT the bank will tell you that you cannot modify because you are not deliquent. Once deliquent they will start modification process. PAY THE FULL amount paid previously, even if offered lower payments. Just trust me on that one.

2) Do not believe them when they say they will call back or fax you. Call them weekly.

3) Start a file with all details of conversations and all contact numbers. Keep computer copy and paper copy

The thing is home modification offers are temporary and take time. The temporary trial modification lasts six months. You should not hire a modification company, spending thousands as there are many scams out there. Instead try to find good advice, perhaps consulting with a couple of different attournies. Bankruptcy if you are too far down the road in payments can be useful solution that a SKILLED lawyer can help negotiate saving your home for you.

Check out websites about home mortgage fraud and the laws of TILA and RESPA.