The Market Ticker – An Open Letter To The California Democratic Caucus

An Open Letter To The California Democratic Caucus Dear Sirs and Madams; I’ve read your impassioned letter to Ben Bernanke, Eric Holder and Comptroller Walsh. You have good intentions, but you miss the point. The excuses we have heard from financial institutions are simply not credible three years into this crisis. People in our districts … Continue reading

Army of Homeowners Unite Help Join the Fight

AN ARMY OF HOMEOWNERS If Homeowners want to change the system then Homeowners have a duty to fight these foreclosures which are filed by Plaintiff’s who often cannot prove that it owns the very loan it seeks to foreclose. Right now there is a numbers game going on.   Judges and Plaintiffs’ Attorneys know that they … Continue reading

Mother Jones Andy Kroll EXCLUSIVE: Fannie and Freddie’s Foreclosure Barons

All of our efforts and all of our work on exposing these fraudsters is coming to a head. More and more, almost everyday, there are reports coming from highly respected organizations of what we all have been screaming about for years… Now is the time to push even harder. Do not let up and keep … Continue reading

MIT, Harvard Report: Forced Sales and House Prices – Foreclosures Reduce Home Values by 27%

“The discount is particularly large for foreclosures, 27% of a house’s value on average. It is smaller for death-related sales at 5-7% of value, and smaller again for bankruptcy-related sales at 3% of value.” ~ Abstract This paper uses data on house transactions in the state of Massachusetts over the last 20 years to show … Continue reading

Federal Home Loan Mtge. Corp. v Raia – Foreclosure Fraud, False Allegations, Assignment of Bid Sets Up Steven J. Baum, P.C Foreclosure Mill for Sanction Hearing

District Court of Nassau County, First District Federal Home Loan Mortgage Corp., Petitioner(s) against Paul Raia, “John Doe” Through “Jane Doe”, Respondent(s) SP 002253/10 REPRESENTATION: 4closureFraud dot org Steven J. Baum, P.C., Attorneys for Petitioner, 200 Northpointe Parkway, Suite G, Amherst, New York 14228, 716-204-2400; Jeffrey A. Seigel, by: Rudolph de Winter, of Counsel to … Continue reading

Father of Mortgage Backed Securites Lewis Ranieri: Securitization is Not the Villain

Ahhh but I say yes it is. He claims that the abuse of securitization is to blame. Well, I say if it is abusable, then securitzation IS to blame. “Securitization is not the villain. Abuses in securitization are to blame,” Mr. Ranieri wrote. In Mr. Ranieri’s view, the practice he invented wasn’t the culprit in … Continue reading

Blast from the Past – Mark A. Adams JD/MBA Constitution Party Conference Boca Raton 2008

Added New Video to the video tab… ~ Mark A. Adams JD/MBA Constitution Party Conference Boca Raton 2008 4closureFraud.org

Dodd-Frank Reform Bill Includes Extension of Protecting Tenants at Foreclosure Act, Additional Housing Provisions

FOR IMMEDIATE RELEASE Contact: Taylor Materio 202-662-1530 x227; taylor@nlihc.org Dodd-Frank Reform Bill Includes Extension of Protecting Tenants at Foreclosure Act, Additional Housing Provisions Washington, DC – The National Low Income Housing Coalition applauds the expected enactment of the Dodd-Frank Wall Street Reform and Consumer Protections Act (H.R. 4173), which has passed the House and Senate … Continue reading

Two Dead in Foreclosure Eviction Standoff in Home of Over 30 Years

Fatal Eviction Home Was Barricaded Reno, NV Deputies serving an eviction notice at the home where two people died in a standoff and fire, made an unexpected discovery that alerted them to problems before they heard what they believed was gunfire. Excerpts from the report… Eviction notices had already been served and Tuesday was to … Continue reading

Did Palm Beach County Florida Just Announce it is a NON-Judicial County?

The image above reminds me of what is happening across our country regarding the mass foreclosure crisis… How can it be that there are MILLIONS upon MILLIONS of people losing everything they ever had due to the same circumstances? Answer: FRAUD Fraud perpetrated on the people, not by the people… 20 million homeowner did not … Continue reading

Whoa – President Obama Visits 4closureFraud.org?

The Executive Office of the President (EOP) consists of the immediate staff of the President… First of all I want to thank everyone for a very successful gathering at the Florida Bar Event. Over the last few days we organized, networked and strategized with the best of the best in the “Foreclosure World” arena. We … Continue reading

The Market Ticker – Consumers Learning From Banksters

The Market Ticker Posted by Karl Denninger No surprise here…. Foreclosure has allowed them to stabilize the family business. Go to Outback occasionally for a steak. Take their gas-guzzling airboat out for the weekend. Visit the Hard Rock Casino. Yes, the tone of the article is rather negative toward these individuals. Guess what – I … Continue reading

Enough is Enough – Owners Stop Paying Mortgages, and Stop Fretting

From the lenders’ standpoint, people who stay in their homes without paying the mortgage or actively trying to work out some other solution, like selling it, are “milking the process,” said Kyle Lundstedt, managing director of Lender Processing Service’s analytics group. LPS provides technology, services and data to the mortgage industry. These “free riders” are … Continue reading

Predatory Grizzly “Bear” Attacks Innocent, Elderly, Poor, Minorities, Disabled & Disadvantaged With Predatory Lending Scams & Frauds!

Random Repost Blast from the Past. Going to start off each day with a random repost from the archives… The Story of Bear Stearns Direct Involvement In And Support Of Predatory Lending In America! Here is a 105 page report witten by Nye Lavalle going back over ten years… INTRODUCTION This report documents what is … Continue reading

To All Community Journalist’s Take “Note” (no pun intended) How to Report REAL Foreclosure News – New Rule Says Banks Must Prove Ownership Before Foreclosing

New rule says banks must prove ownership before foreclosing (Since it was ordered by the FL Supreme Court since February) By Kimberly Miller Palm Beach Post Staff Writer Foreclosure filings have backed off this year, dropping 36 percent in Palm Beach County last month compared to March, but it may not be a brightening economy … Continue reading