Confidence Game – The Film Unraveling Mortgage Fraud

Are Promissory Notes actually Securities before the homeowner signed the mortgage documents?  That’s a heavy thought isn’t it?  

Listen to short clip here.

As DeadlyClear interviewed Blue Chip Films Producer/Director Nick Verbitsky about his new documentary film Confidence Game based on the demise and collapse of Bear Stearns, there emerged a confirmation to a missing piece of the mortgage-backed securitization process long suspected by foreclosure defense researchers and analysts that may expose a whole new avenue of fraud and even invalidate/void mortgage loan documents.  

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A Leopard Doesn’t Change It’s Spots – Don’t Expect Wall Street Banks To

The proposed multi-state Attorneys General Wall Street bank fraud settlement has been the top-watch of foreclosure defense families and attorneys at war with the banks.

The disapproval of this settlement ranks highest among those in the throws of research and who understand the mathematics (or lack of) bantered about by various news stories.

The real statistics are staggering.   Continue reading

The Reality of Mis-Perception – Bankster Brainwashing & Barack

A good friend once said, “Perception becomes the reality.”

When opinion is accepted as fact, perception soon becomes reality, at least for those who share these opinions and cling to the resulting perceptions. Herein lies the reason for the division in America today and unless we make a concerted effort to separate perception from reality, opinion from fact, fiction from truth, that division will continue [JB Williams 2005].

While the President’s State of the Union speech was… Continue reading

Republicans Reflect – Where Did Your GOP Go?

By DEADLY CLEAR

Republicans keep calling every national program – Socialism. They had been told to blame Democrats for social security, Medicaid and Medicare – all popular programs that they use and need. The inconvenient truth is that the entire world economy, controlled by the elite [aka SWAMP], is a Financial Socialist Order. The new Democrat Elite Financial Socialism has caused this global destruction, destroyed the old parties, made it so clouded with infiltration you couldn’t tell the difference between left and right – and failed to let their own party folks know – the good ol’ days are gone for the hypocrites too.


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The Sucker Punch – The Elite’s Attack on Pension and Retirement Funds

THE HIDDEN TRUTH

PF-retirement_1666571aBehind the collapse of the economy in the U.S. and around the world is the massive loss of pension and retirement funds belonging to government employees, union workers and corporate 401k beneficiaries – these were the “investors” in the securitization fraud stemming from the unregulated derivatives.  Hordes of lawsuits have been filed by investors against Wall Street banks, but it’s pretty obvious the money is gone. Continue reading

U.S. Is Set to Sue a Dozen Big Banks Over Mortgages – Yeah, sure.

So, what’s this? Another charade? Did Geithner or Bernanke suggest, “Hey Barack we’ll fix it, we’ll just file a big lawsuit against everybody and then we’ll cut a deal that let’s the banks off the hook for everything for the $20 billion the AG’s won’t settle on…”

New York Times

By 
Published: September 1, 2011

The federal agency that oversees the mortgage giants Fannie Mae and Freddie Mac is set to file suits against more than a dozen big banks, accusing them of misrepresenting the quality of mortgage securities they assembled and sold at the height of the housing bubble, and seeking billions of dollars in compensation.

The Federal Housing Finance Agency suits, which are expected to be filed in the coming days in federal court, are aimed at Bank of America, JPMorgan Chase, Goldman Sachs and Deutsche Bank, among others, according to three individuals briefed on the matter.

The suits stem from subpoenas the finance agency issued to banks a year ago. If the case is not filed Friday, they said, it will come Tuesday, shortly before a deadline expires for the housing agency to file claims. Continue reading

Nye Lavelle’s “After The Storm” – Mortgage Fraud Report

Attorney Matt Weidner shared an excellent post on Nye Lavelle’s “After The Storm” – Mortgage Fraud Report that is well worth reading from cover to cover.  In fact – it is a MUST read.

After The Storm – Mortgage Fraud Report–In The Eye Of The Storm
August 19th, 2011 | Author:

Put down Reckle$$ Endangerment, or Exiles in Eden or whatever novel you’re currently reading about the financial armageddon we’re in and click on Nye Lavalle’s After The Storm Report….it’s a gripping encyclopedia with names, dates and serial numbers that document the collapse we’re all still right in the middle of.  The only problem is the title…the storm at nearly over.  If it seems a little more quiet, that’s just because we’re in the eye of the hurricane. Continue reading

Will you support the regulation of derivatives?

There is only one question to ask any politician starting this year:

Will you support the regulation of derivatives?

That’s it.  Everything else is ancillary and fades into the background.  

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The Free House Myth – or Reality?

The Free House Myth – or Reality?
July 20, 2011

Katie Porter posted an interesting viewpoint on the Credit Slips blog this week called the The Free House Myth.  A synopsis of the column points to the fact that the banks may
have bad paper now – but they’ll be back.  It almost sounded like Katie had been drinking  Kool-Aid with RCO when she stated in her closing line, “[T]he free house is political handwringing, not legal reality.”

Porter came under fire by no less than (my personal favorite) Adam J. Levitin, Professor of Law at Georgetown University.  Professor Levitin has provided significant testimony before Congress and has dissected the Wall Street securitization scheme that collapsed our economy.  Professor Levitin posted his comments to politely debunk Porter’s ‘no free house’ viewpoint…
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