Connecticut Attorney General Richard Blumenthal to State Judicial Department – Freeze ALL Home Foreclosures for 60 Days

Where you at May!!! Connecticut Attorney General’s Office Press Release Attorney General Asks CT Courts To Freeze Home Foreclosures 60 Days Because Of Defective Docs October 1, 2010 Attorney General Richard Blumenthal today asked the state Judicial Department to freeze all home foreclosures for 60 days because of defective document filings and institute measures to … Continue reading

Florida Supreme Court Says it is Powerless to Freeze State Foreclosures – I Disagree and Offer a Solution

This just in from the Palm Beach Post… By Kimberly Miller Palm Beach Post Staff Writer Florida Supreme Court powerless to freeze state foreclosures Excerpts from the report… The Florida Supreme Court says it has no authority to freeze foreclosure proceedings as was requested by U.S. Rep. Alan Grayson in light of state investigations into … Continue reading

Florida Supreme Court Letter to Rep Alan Grayson RE Foreclosure Freeze – We are Powerless

Florida Supreme Court Letter to Rep Alan Grayson RE Foreclosure Freeze I disagree and offer a solution… LINK – Florida Supreme Court Says it is Powerless to Freeze State Foreclosures – I Disagree and Offer a Solution 4closureFraud.org

And Then There Was Five – Connecticut Attorney General Investigating Defective GMAC/Ally Foreclosure Docs, Demands Halt To Its CT Foreclosures

Connecticut Attorney General’s Office Press Release Attorney General Investigating Defective GMAC/Ally Foreclosure Docs, Demands Halt To Its CT Foreclosures September 27, 2010 Attorney Richard Blumenthal announced today his office is investigating defective foreclosure documents filed by GMAC/Ally Finance, Inc. in Connecticut and demanding the company freeze all foreclosures in the state. “I am demanding a … Continue reading

The Market Ticker – Why Do YOU Obey The Law?

Why do you??? Why does anyone??? Really, why do you??? Think about it, really really think about it… “I haven’t seen any widespread problem” ~ I am not sure why anybody does anymore… From The Market Ticker ® The Market Ticker – Why Do YOU Obey The Law? I’ve got to ask. It’s a tough … Continue reading

Mortgage Fraud: The Untold Story of the Housing Meltdown

Was the financial crisis caused by “systemic failure” or mortgage fraud? Or a combination of the two? And why are so many American homeowners still paying the price? When Travis Paules worked as a branch manager for American General Finance in Pennsylvania in the late 1990s, he tried to do things by the book. He … Continue reading

Obama Orders Realtors Who Sold Foreclosed-Upon Houses To Give Their Commission Back

Sorry, couldn’t resist… 🙂 Obama Orders Realtors Who Sold Foreclosed-Upon Houses To Give Their Commission Back FOR SALE: Cozy, charming 2 br, 1ba. in desirable location near I-95 overpass. New brakes, tires. Hurry! Only $374,999.00. For every half-broke family who were advised to “buy as much house as you can get financing for” during the … Continue reading

GROUNDBREAKING Report on Fraudulent & Forged Assignments of Mortgages & Deeds In U.S. Foreclosures

Friends and colleagues… Attached please find my updated report on assignment fraud and forgeries.  It dovetails my reports over the past decade as well as provides ammunition for all of you.  Enjoy, I dedicate it to all of you who have worked hard in battle and who inspire me! Nye Lavalle Pew Mortgage Institute mortgagefrauds@aol.com … Continue reading

Open Letter to Louis Ranieri, Father of Mortgage Backed Securities – Solving America’s Foreclosure Crisis

An open letter to Louis Ranieri* My name is Michael Olenick.  I’m the founder and owner of Legalprise, Inc.  We work for foreclosure defense lawyers.  Their clients face the same wall that yours do, from the same people, mortgage servicers who – using the verbiage defining right from wrong in our local courts – “[have] … Continue reading

More and Better Predatory Loan Servicing Fraud

Commentary by George W. Mantor RISMEDIA, August 17, 2010—As the vast majority of applicants for loan modification have learned, HAMP, the Home Affordable Modification Program, is little more than a thinly disguised mechanism through which to conclude the foreclosure process on behalf of financial intermediaries who never loaned a dime and never lost a dime … Continue reading

Tues 08/17/10 9:00-1:30 Listen Live Treasury Conference on Housing Finance with the Father of Mortgage Backed Securites and Others

August 12, 2010 TG-826 Obama Administration Announces Panelists and Agenda for Conference on the Future of Housing Finance WASHINGTON – Today, the Obama Administration announced additional details about its August 17 Conference on the Future of Housing Finance, including a list of panelists and the conference agenda. This event will provide a forum for public … Continue reading

The Shell Game Continues – Media Picks up on Investor Settlements but Where Does the Money Go and Why?

The shell game continues. While the media picks up stories about “settlements” giving rise to the presumption that Countrywide Home Loans and Bank of America and the rest of the securitization players committed various violations of statutes, duties, rules and regulations, the main point gets lost. Where is this money going and WHY? What is … Continue reading

Fair Game – In the Mortgage Drama, One Role Is Enough – Gretchen Morgenson

Enter Mr. Miller’s bill, the Mortgage Servicing Conflict of Interest Elimination Act. It bars servicers of first loans they do not own from holding any other mortgages on the same. ~ “Unless we can make servicers modify mortgages through bankruptcy or eminent domain, the servicers are not going to reduce principle,” ~ “Their stance does … Continue reading

Support Elizabeth Warren – The Main Street Brigade Presents: A Sheriff Warren Wrap (Video)

Elizabeth Warren, chair of the Congressional Oversight Panel and professor of law at Harvard University, is getting some eye-catching support in a progressive push for the bailout watchdog to lead a new consumer financial protection agency. In a new western-themed music video from Main Street Brigade, Warren is hailed as “the new sheriff.” The spot … Continue reading

Promissory Fraud – Consider Using if You had a Predatory Lender?

From: 83jjmack Let’s not forget about promissory fraud. Homeowners were promised many things during the loan origination process that never materialized. Promissory fraud permits the recovery of punitive damages and allows for the avoidance of procedural bars such as Statute of Frauds and parol evidence rule. Promissory fraud can also give rise to criminal liability. … Continue reading