Posted on August 22, 2012 by Deadly Clear

“The solution now being considered is for municipalities to simply take ownership of the mortgages through eminent domain. This would allow them to clear title and start fresh, along with some other lucrative dividends.”

This makes much more sense and would allow the lost state pension and trust funds to be replenished.

Meanwhile, if the current administration were smart – they’d call a moratorium to foreclosures, evictions and deficiencies and investigate the massive amounts of bank frauds against the homeowners and enable the municipalities to get organized.

Two landmark developments on August 16^thgive momentum to the growing interest of cities and counties in addressing the mortgage crisis using eminent domain:

(1) The Washington State Supreme Court held in Bain v. MERS, et al., that an electronic database called Mortgage Electronic Registration Systems (MERS) is not a “beneficiary” entitled to foreclose under a deed of trust; and

(2) San Bernardino County, California, passed a resolution to consider plans to use eminent domain to address the glut of underwater borrowers by purchasing and refinancing their loans.

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Foreclosure Woes Of The Rich And Famous

Posted on August 18, 2012 by Deadly Clear

The depression of losing your home and the disruption to the family as a unit leaves a scar of shame thinking how could we have not seen the scheme? Maybe the thought that famous celebrities, who have “handlers”, agents, lawyers, accountants, and money managers also got run over by the foreclosure fraud bus driven by Wall Street banksters with a giant securitization Ponzi scheme will help to ease some of the pain. The fact of the matter is – we’re not alone. There are over 84 million American homeowners Continue reading →

“MERS is not a “holder” under the plain language of the statute,” says the Supreme Court of the State of Washington

Posted on August 16, 2012 by Deadly Clear

Finally, the Rule of Law is followed by the brilliant masters of the Washington state Supreme Court system. Yea! This ruling affects over 67 million MERS mortgages – whether in foreclosure or not. As good as it is – there are still more facts that need to be adequately plead and addressed by the Court(s).

The Washington Supreme Court ruled unanimously today in Bain (Kristin), et al. v. Mortg. Elec. Registration Sys., et al., No. 86206-1 defining the statutes to determine that MERS (Mortgage Electronic Registration Systems, Inc. – the mortgage industry’s controversial document-recording system) was not entitled to be a beneficiary in Deed of Trusts and Continue reading →

How Far From the Truth Will They Venture to Go?!

Posted on August 13, 2012 by Deadly Clear

New York Times Opinion Pages printed an article by Joseph E. Stiglitz, a professor of economics at Columbia and Mark Zandi who is the chief economist at Moody’s Analytics. The story, “The One Housing Solution Left: Mass Mortgage Refinancing” started out by stating:

“MORE than four million Americans have lost their homes since the housing bubble began bursting six years ago. [Ed. note: On what planet have these fellas been living over the past 6 years?!] Continue reading →

Bank of America drills open customer safe deposit box and removes contents.

Posted on August 12, 2012 by Deadly Clear

So, you think keeping your valuables and extra cash in a bank safe deposit box is safe? Well, think again. Bank of America drilled open a customer’s safe deposit box, removed the contents and shipped it to their corporate holding center across the country in South Carolina. DANVILLE, CA (CBS 5) Carried the story and stated that many consumers often use store valuable possessions in safe deposit boxes assuming it’s secure, but a Danville, California couple found that’s not

Continue reading →

Hon. Philip S. Straniere – The judge in the “Sixth Sense” part of the Civil Court, seeing cases with “dead corporations” represented by “dead law firms”

Posted on August 12, 2012 by Deadly Clear

“This is another case which is slowly convincing me that I am the judge in the “Sixth Sense” part of the Civil Court where, like characters in that film who only see dead people, I am relegated to seeing cases with “dead corporations” represented by “dead law firms,” citing Hon. Philip S. Straniere from CENTURION CAPITAL CORP., v. ANNA GUARINO.

Sounds a lot like mortgage foreclosure fraud, doesn’t it? Bankrupt mortgage lending companies resurrecting themselves as the ghost of the bank or pretender lender that exited years earlier – all of a sudden, without legal authority they appear in court trying to fool the homeowners, investors, state recordation offices and courts with fabricated (too late) assignments of mortgage to trusts that closed years earlier and are now rapidly depleting their assets – paid off likely with TARP funds – thank you very much. Continue reading →

“You Can Take That To The Bank You Miserable Son Of A Bitch…”

Posted on August 11, 2012 by Deadly Clear

The Daily Sheeple (“Wake the Flock Up!”) reported a story that merits repeating.

Alan Simpson, Republican Senator from Wyoming and co-chair of President Obama’s deficit commission, calls senior citizens the “Greediest Generation” as he compared Social Security to a Milk Cow with 310 million teats. Here’s a response in a letter from Ms. Myers, said to be a career school teacher in Montana… It appears she is a little ticked off!

She also tells it like it is! Continue reading →

Going Down – JPMorgan Chase Slammed With Libor Subpoenas – Stock Sliding

Posted on August 9, 2012 by Deadly Clear

Breaking News on stopforeclosurefraud.com:

Huffington Post reports “JPMorgan Chase Libor Subpoenas Coming From Everybody In The World”

“Pretty much everybody in the world with subpoena power has hit JPMorgan Chase with requests for information in the Libor-rigging scandal.

The biggest U.S. bank revealed the extent of its involvement in the probe in a filing Thursday morning with the Securities and Exchange Commission, saying regulators in the U.S., U.K., Canada, Switzerland and more had asked it for information:

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RSN: Will the Peasants Go Medieval on Bankers?

Posted on August 6, 2012 by Deadly Clear

February 10, 2022: Questions: Is the rush to vax to beat out the new COVID tests or the domino fall of the pension funds worldwide? Whose fault are the shortfalls aka pension deficits aka losses aka zero (0) funds? Now ask the title question.

“The pension industries in many countries are in a bad way. According to a Citibank report from 2016, the 20 largest OECD countries alone have a US $78 TRILLION shortfall in funding pay-as-you-go and defined benefit public pensions’ obligations. This shortfall is far from trivial. It is equivalent to about 1.8 times the value of these countries’ collective national debt.” CLICK HERE

Readers Supported News: By Washington’s Blog

While everyone from Tony Blair to Nouriel Roubini is debating whether or not bankers should be hanged, the Wall Street Journal and Bloomberg provide some fascinating historical context.
Dark subjects: A Red Saunders creation. This picture is called Wat Tyler and the Peasant’s Revolt, 1381. Continue reading →

SECURITIZED DISTRUST – PART TWO

Posted on August 2, 2012 by Deadly Clear

“The abuses and dishonesty and multiple breaches of contract within the shadow banking world of securitized trusts appear to have been endless, now with new revelations regarding the rigging of Libor rates, as well as constituting a litigation puzzle for borrowers and for their attorneys seeking to use those abuses and dishonesty to their advantage. But how?”

SECURITIZED DISTRUST PART TWO provides another outstanding synopsis of the banking foreclosure fraud and little known hidden secrets used by lenders to defraud the borrowers and the courts.

Continue reading →