Will Rogers: FDR explained “the banking crisis so clearly that even the bankers understood it.”

Will Rogers: FDR explained “the banking crisis so clearly that even the bankers understood it.” h/t Matt Stoller That’s from an amazing podcast between Congressman Brad Miller and Dylan Ratigan, part of the Huffington Post/Dylan Ratigan series this week “No Way to Live”.  The Huffington Post is looking at how housing is crashing muni revenues, … Continue reading

PB Post | Florida Bar Says Foreclosure Lawyers MUST Report Fraud to Court

“I haven’t seen any widespread problem” ~ If they only would of listened… Florida Bar says foreclosure lawyers must report fraud to court By Christine Stapleton and Kimberly Miller In an opinion that could have unfathomable consequences in countless foreclosure cases, The Florida Bar says attorneys must notify a judge about potential fraud — including … Continue reading

Search All the Documents in the FCIC’s Treasure Trove

Search All the Documents in the FCIC’s Treasure Trove by Marian Wang ProPublica, Jan. 31, 2011 After the Financial Crisis Inquiry Commission released its final report last Thursday, many considered it a rather lackluster report telling us little more than what we already know. But while the 662-page report may not be a page-turner, the … Continue reading

Ohio | Local Judges Get Tough on Foreclosure Documents

Local judges get tough on foreclosure documents By John Futty In response to a national outcry over fraudulent foreclosure filings, three Franklin County judges are requiring lawyers to verify that all of the documents in residential-foreclosure actions are valid. Six of the lawyers affected by the order are fighting back. They have asked the Ohio … Continue reading

Securities Fraud | Fresno County Employees’ Retirement Association v. Countrywide

The Fresno lawsuit accuses Countrywide of having “repeatedly touted its prudent, conservative and risk-managed lending practices,” while abandoning them in a drive for greater market share in a booming housing market that began to collapse four years ago. Once losses began to mount, prices on Countrywide securities plummeted, causing losses of millions of dollars for … Continue reading

Foreclosure Radio Interview – Granny Fights to Save her Home – Alleges Robosigner Mayhem!

Lisa and Attorney Steve talk with guest caller GRANNY who is fighting to save her home from foreclosure and alleges she has uncovered forgery in her foreclosure documents… Click here to listen… ~ 4closureFraud.org

Friday February 4, 2011 West Palm Beach – First Fridays Lunch & Learn for Foreclosure Defense Attorneys (and list of upcoming events)

ATTENTION PLEASE:  ALL weary, embattled foreclosure defense attorneys.  It’s time for another First Fridays Lunch & Learn! Good opportunity to discuss news stories like this Foreclosure Document Fraud Drives Notaries to Take the Fifth http://t.co/zly1gcl via @AOL We are honored to announce this month’s featured speaker, Michael Wrubel, Esq. (appellant in Frost). Please join us … Continue reading

Michigan AG Schuette Sues Countrywide Financial To Recover $65 Million in Taxpayer-Funded Investment Losses

Michigan AG Schuette Sues Countrywide Financial To Recover $65 Million in Taxpayer-Funded Investment Losses LANSING – Attorney General Bill Schuette and Treasurer Andy Dillon today announced that the State of Michigan has taken legal action against Countrywide Financial Corporation, its underwriters, auditor and some of its former executives and directors to recover $65 million in … Continue reading

OREGON FILES SECURITIES LAWSUIT AGAINST COUNTRYWIDE FOR MISLEADING FILINGS THAT CAUSED $14 MILLION IN LOSSES TO STATE

OREGON FILES SECURITIES LAWSUIT AGAINST COUNTRYWIDE FOR MISLEADING FILINGS THAT CAUSED $14 MILLION IN LOSSES TO STATE Oregon Treasurer Ted Wheeler and Attorney General John Kroger today announced a securities lawsuit against Countrywide Financial Corp. to recover losses to the state pension and workers’ compensation funds caused by false statements that improperly inflated the prices … Continue reading

In Response to Florida House Representative George R. Moraitis, Jr. Values Your Input on Expedited Foreclosures and Goals for the Judicial System

Below are some responses to Florida House Representative George R. Moraitis, Jr. Values Your Input on Expedited Foreclosures and Goals for the Judicial System What I find the most interesting is that he processes distressed sales through his firm. So is he really concerned for the banks and their interests or his own? The original … Continue reading

Nationwide Title Clearing | Scientology founder’s tenets drive Pinellas title company, under fire for rapid document processing

Scientology founder’s tenets drive Pinellas title company, under fire for rapid document processing By Susan Taylor Martin, Joe Childs and Thomas C. Tobin, Times Staff Writers In 2009, a low-profile Pinellas County company drew unwelcome attention in a growing national controversy over home foreclosures. Employees of Nationwide Title Clearing, a leading processor of mortgage-related documents … Continue reading

WELLS FARGO BANK, N.A., v. SANDRA A. FORD | NJ APPELLATE DIVISION Reverses Foreclosure Due to Lack of Standing

Below is a well thought out decision by the SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION. The court decided that Wells Fargo lacked standing to foreclose. Some excerpts from the opinion… (Emphasis added by 4F) WELLS FARGO BANK, N.A., as Trustee, Plaintiff-Respondent, v. SANDRA A. FORD, Defendant-Appellant. This appeal presents significant issues regarding the evidence … Continue reading

Judge Blasts Florida Default Law Group for Wasting the Court’s Time

UPDATE: The Order posted earlier was the the result from Mike Wasylik’s motion. Below is his commentary… Judge Blasts Florida Default Law Group for Wasting the Court’s Time by Mike on January 28, 2011 Here’s a great way to end a Friday: I just got an order in one of my cases throwing the case … Continue reading

NY Times | A Bank Crisis Whodunit, With Laughs and Tears

“Countrywide was one of the greatest companies in the history of this country,” Mr. Mozilo maintained, “and probably made more difference to society, to the integrity of our society, than any company in the history of America.” ~ A Bank Crisis Whodunit, With Laughs and Tears By GRETCHEN MORGENSON TRULY startling revelations were few in … Continue reading

Must View Video | Bank Bailouts Explained and the Foreclosures Continue

Bank Bailouts Explained ~ 4closureFraud.org