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Keyword: foreclosuregate

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  • The Case of The Disappearing Docket Entry re: Alleged Original Note & Mortgage

    06/20/2011 11:49:29 AM PDT · by Chunga85 · 18 replies
    The Foreclosure Hamlet ^ | 6/19/2011 | L
    Copy your dockets frequently People! This is a case that had one copy of the ............ahem..........alleged endorsed "original note" filed in a foreclosure lawsuit, and then a completely different endorsed copy of the ..............ahem.............alleged "original note" filed in a subsequent case (after the first case was dismissed). Featured Here.
  • Broward chief judge resigns to join so-called “foreclosure mill”

    05/18/2011 10:42:14 AM PDT · by Chunga85 · 11 replies
    The Palm Beach Post ^ | 5/18/2011 | Kim Miller
    Broward Chief Judge Victor Tobin will resign his post June 30 to work for the Law Offices of Marshall C. Watson in Fort Lauderdale. In an e-mail sent Tuesday afternoon to judges and judicial assistants in the 17th Circuit Court, Tobin said he notified Gov. Rick Scott of his pending resignation earlier in the day. Read letter to governor here. Read Tobin’s letter to judges here. “I wish to express my sincere thanks to each judge for permitting me the honor of being your Chief Judge during the last four years,” Tobin wrote. “I appreciate the confidence you placed in...
  • Have lying mortgage bankers met their match?

    05/05/2011 7:44:03 AM PDT · by Chunga85 · 75 replies
    CNNMoney.com ^ | 5/4/2011 | Colin Barr
    How fitting that when Wall Street finally takes a hit after years of mortgage malpractice, the stick is called the False Claims Act. If there is one thing that's never in short supply in banking circles, after all, it is false claims. Internet stocks are good as gold! House prices never fall! Derivatives make the financial system safer! Those particular false claims aren't the ones that have Wall Street looking down the barrel of a $1 billion-plus government civil suit, mind you. Preet Bharara, the U.S. attorney who sued Deutsche Bank (DB) Tuesday, is going after the bank's alleged practice...
  • The foreclosure mess isn’t going away

    04/05/2011 7:53:31 AM PDT · by Chunga85 · 18 replies
    Yahoo News - The Lookout ^ | 4/4/2011 | Zachary Roth
    We've told you before about how big banks cut corners on paperwork over the last few years in order to speed struggling homeowners into foreclosure. And a "60 Minutes" report that aired last night offers fresh anecdotal reporting on just how irresponsible--and potentially fraudulent--the banks' practices were. Meanwhile, compelling video of a grandmother being evicted from her home by a SWAT team last week suggests the banks aren't slowing down their rush to foreclosure and eviction. Banks profit by processing a vast number of homes into foreclosure as quickly as possible. But as "60 Minutes" details, many of the mortgages...
  • The Next Housing Shock

    04/04/2011 6:45:19 AM PDT · by Chunga85 · 28 replies
    CBS 60 Minutes ^ | 4/3/2011 | CBS 60 Minutes
    Video Only. Link below to 60 Minutes "Overtime Edition" Mortgage mess: Who really owns your mortgage?
  • Fraudclosure Fighter Under Attack | ForeclosureHamlet.org aka Lisa Epstein Under Attack

    03/31/2011 7:30:08 PM PDT · by Chunga85 · 4 replies
    Zero Hedge ^ | 3/31/2010 | Michael Redman
    Well well well… For the longest time, we were all ignored by everyone we tried to call out or warn. Once they did start listening, they ridiculed us and treated our allegations and findings as irrelevant, then technicalities (felonies)… Now that they all starting realize that the gig is up and their games are coming to an end, and have nowhere else to turn, they want to fight us. Next stage? Only time will tell… We have wondered when a day like this would come. Now it has arrived and it is time to fight. It will be an interesting...
  • To Geithner's Disappointment Non-AIG Bidders Emerge For Maiden Lane II Assets

    03/22/2011 5:38:59 AM PDT · by Chunga85 · 11 replies
    Zero Hedge ^ | 3/21/2011 | Tyler Durden
    When two weeks ago it was disclosed that AIG is willing to pay $15.7 billion for the same toxic securities that two years ago caused AIG to sell 92% of itself to an involuntary taxpayer, and currently make up Maiden Lane II (which is marked on the Fed's books by BlackRock at $15.9 billion) we asked why this process is not open up to broader public auction. After all these are taxpayer assets and should receive an arms-length treatment in recouping best returns for the taxpayer. It seems that other bidders are now starting to appear. The FT reports: "Barclays...
  • Deutsche Banker Suspended For Taunting Protestors With A £10 From His Office Window

    03/14/2011 9:06:39 AM PDT · by Chunga85 · 31 replies
    Business Insider ^ | 3/14/2011 | Katya Wachtel
    A Deutsche banker has been suspended after TV reporters caught him taunting protestors who were demonstrating against the National Health Service in London last week. According Here is the City, a group of Deutsche bankers were captured at the window of the firm's London HQ, pointing and laughing at demonstrators. One of them was waving around what appeared to be a £10 note, and allegedly mouthing "get a job" at the protestors. The chairman of the Medical Practitioners' Union told the Mirror, "It was shocking to see people acting in this way when we passed the bank. If it wasn't...
  • TARP Police! Step Away From the Bailout Money!

    03/09/2011 11:32:52 AM PST · by Chunga85 · 24 replies
    CNBC Legal/Law Matters ^ | 3/09/2011 | CNBC
    Early this week, a request for proposal for police-car upgrades by the Special Inspector General of the TARP bank bailout program began circulating in Washington. That prompted a lot of head scratching around town: Huh? You mean the mild-mannered auditors who mind the taxpayer money in the $700-plus billion TARP program? What do they need police-car upgrades for? It may come as a surprise to people in the financial industry - it certainly did to me - but TARP's inspector general is not just a financial watchdog. Under its outgoing leader, Neil Barofsky, it has quietly built itself into a...
  • Flush The AGs: 27 Pages Of Fluff

    03/08/2011 6:21:08 AM PST · by Chunga85 · 2 replies
    The Market Ticker ^ | 3/7/2011 | Karl Denninger
    The 27-page fluff-piece is now out where we can see it.... Let's be blunt: There's no "there" there. The entire document is a rehash of what servicers had a legal mandate to do right up front. Accurately apply payments. Respond to inquiries. Operate in good faith. Use a NPV test for HAMP (was in the HAMP program originally.) Document the assignment chain before foreclosing. There's exactly one substantive change, in that HAMP did not prohibit "dual-track" (that is, foreclosure while attempting modification.) Essentially every other item in this 27 pages is something that Servicers already had a legal duty to...
  • March 6th - ForeclosureHamlet.org & 4closureFraud.org LIVE FORECLOSURE FRAUD RADIO

    03/06/2011 6:31:46 AM PST · by Chunga85 · 4 replies
    The Foreclosure Hamlet ^ | 3/6/2011 | Foreclosure Hamlet
    This weeks guests will be Lisa Epstein and Michael Redmond from foreclosurehamlet and 4closurefraud. From 12pm to 1pm on Power Talk 1420 AM Joann Hennessy's Property Law Today we will be discussing the upcoming 2nd Annual Rally in Tally, and other fraudclosure related topics. Live Stream.
  • Congress Blames Bank for Troop Suicides

    03/03/2011 5:53:22 AM PST · by Chunga85 · 26 replies
    Militay.com - TODAY IN THE MILITARY ^ | February 10, 2011 | Bryant Jordan
    Lawmakers argued Feb. 9 that some of the suicides among American troops in recent years were related to financial woes, including failure to meet mortgage payments. And as far as Rep. Bob Filner, D-Calif., is concerned, those deaths are the fault of banks that put profits ahead of troop welfare. "I would call it homicide," said Filner, the House Veterans Affairs Committee's ranking member, during a hearing into why JP Morgan-Chase overcharged servicemembers' on their mortgages and foreclosed on some troops' homes. The bank now admits that it mistakenly charged too much interest on thousands of mortgages of activated troops...
  • Foreclosure Fight Club | George Babcock to Mark Harmon

    03/02/2011 10:38:43 AM PST · by Chunga85 · 8 replies
    4closurefraud ^ | 3/2/2011 | Michael Redman
    Check out this letter sent from “Foreclosure Stoppage” Attorney George Babcock to opposing counsel Mark Harmon… Dear Mr. Harmon, Please be advised that I have been retained by Mr. Conley regarding the notice of illegal foreclosure you mailed to him on February 4,2017. The chain of title to this properly and the note is like a walk down the yellow brick road. Is Harmon Law the Wizard of Title? You display extreme indifference to the law by noticing a foreclosure on this property. As you know, I take great pride in defending my clients against the evil forces that guide...
  • HSBC suspends foreclosure actions

    03/01/2011 8:31:41 AM PST · by Chunga85 · 8 replies
    Buffalo News ^ | 3/1/2010 | Jonathan D. Epstein
    Bank made disclosure in annual SEC report Updated: March 1, 2011, 6:33 AM HSBC Bank USA and HSBC Finance Corp. have stopped all home foreclosures until further notice and may face unspecified regulatory actions or fines, after regulators found “certain deficiencies” in servicing and foreclosure procedures, HSBC said in government filings Monday. The disclosure by HSBC, buried deep within its annual financial report to the Securities and Exchange Commission, marks the first time HSBC has admitted to a foreclosure moratorium in the wake of a legal and paperwork crisis that swept the industry. That’s a dramatic reversal from its stance...
  • Inside Job: Best Documentary Oscar Winner Notes Nobody Has Served Jail Time For Financial Meltdown

    02/28/2011 6:27:24 AM PST · by Chunga85 · 47 replies
    MEDIAite ^ | 2/27/2011 | Colby Hall
    As of this evening, Charles Ferguson is no longer just a documentary filmmaker, he is now a Academy Award winning documentary filmmaker for his film Inside Job. The film focused on the connections between the government and financial institutions that led to insane levels of profit-taking which endangered the global economy. Mr. Ferguson will also be known for creating perhaps the most entertaining and contentious moment during a thus far lackluster Academy Awards when he pointedly noted that no one has gone to jail for the financial misconduct. It was the first quasi-political moment In a broadcast that has been...
  • On the Air 12pm EST | 4closureFraud and Foreclosure Hamlet Live on Property Law Today WDJA 1420

    02/27/2011 8:37:33 AM PST · by Chunga85 · 6 replies
    4closurefraud ^ | 2/27/2011 | Michael Redman
    Join us today at 12pm est as we go live on the air with Joann M. Hennessey, Property Law Today… RADIO SHOW Joann is the Host on Property Law Today, which airs every Sunday from 12-1pm on WDJA 1420 in the Palm Beachs. Listen on the internet at www.powertalk1420.com
  • There's One Shocking Aspect Of Obama's $20 Billion Foreclosuregate Settlement

    02/24/2011 6:45:55 PM PST · by Nachum · 16 replies
    businessinsider.com ^ | 2/24/11 | Joe Weisenthal
    This morning news broke that the White House is pushing a big, $20 billion global settlement to end the foreclosuregate mess. There's one surprising thing. The market is taking this to be an actual punishment of the news. Our presumption would be that any settlement would somehow end up being a positive, but maybe a punishment is a punishment... The market is down, but the big banks, like Bank of America (down over 2.3%) are getting hit much wors
  • Ice, Ice Baby – Iceland’s people give cold shoulder to paying for acts of reckless bankers.

    02/22/2011 5:50:53 AM PST · by Chunga85 · 23 replies
    Mandelman Matters ^ | 2/22/2012 | Martin Andelman
    When Iceland’s online bank, Icesave, failed, the British government stepped in and covered $3.8 billion in deposits that its citizens were owed by the bank. The Dutch government did the same to the tune of another $1.8 billion. Iceland’s three largest banks collapsed as a result of the meltdown in the global financial markets and the result was that the country’s deposit-insurance, like our FDIC, was overwhelmed. Now, the British and Dutch governments want their money back, but Iceland’s people are saying, well… no, not to put too fine a point on it. You might even say that the Icelanders...
  • Lawyer’s name shows up on foreclosure docs filed months after she resigned

    02/21/2011 2:26:40 PM PST · by Chunga85 · 10 replies
    Palm Beach Post ^ | 2/21/2011 | Kim Miller
    A glitch in the computer system at the Boca Raton-based law firm of Shapiro & Fishman led to a former firm attorney’s name showing up on foreclosure documents months after she resigned. Still, attorney Anna E. Malone, who now works for Lender Processing Services, Inc., in Jacksonville, sounds none too pleased about the mistake in a letter she’s written to the firm and filed with the Orange County Clerk of Courts. Malone resigned her Shapiro job in July, but some of the foreclosure-related court documents with her electronic signature on them were filed as late as mid-December. “I expect a...
  • Internal Instructions on how to copy/cut/paste, perjury & fraud upon the court

    02/21/2011 7:15:19 AM PST · by Chunga85 · 20 replies
    The Foreclosure Hamlet ^ | 2/19/2011 | L
    We are in receipt of a document from an anonymous source (Anonymous.pdf), which we are attaching here just the way we received it (the handwriting and highlighting on it were already there). It purports to be instructions for paralegals as to how to create affidavits for filing so that the signatures could be mixed and matched at will. For example, it instructs them to make sure the page break is right before the signature, so that any signature page can be used on any affidavit. Although, the anonymous document did not disclose which law firm it came from, we were...