A Requirement for Every Foreclosure Judge – Watch The Wolf of Wall Street

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By Sydney Sullivan

The Wolf of Wall Street - Sep 2013Without a doubt every foreclosure judge and any judge who has ruled in favor of the banks over duped homeowners should be required to watch The Wolf of Wall Street – not once but several times.

Every time the Courts consider ruling in favor of these decadent Wall Street creatures – they should be shoved into a room with a wide flat screen TV, handed a box of popcorn and ice cold Coca Cola and locked in there for 180 minutes – so they can see exactly what they are sustaining by ruling in favor of the banks. Continue reading →

Threats, Extortion Made By Banks Threatened By Eminent Domain

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12-RICHMOND1-master675Eminent Domain: a Long Shot Against Blight – Maybe Not

New York Times By 

You can’t fight city hall, the saying goes. But Gayle McLaughlin, the mayor of Richmond, Calif., a city of 100,000 souls, would tell you that fighting Wall Street is harder. Even for city hall. Continue reading →

Whistleblower Complaint Leads to $320M Settlement

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If one did it – you can pretty much figure they all did it.

justiceleague00's avatarJustice League

Whistleblower Complaint Leads to $320M Settlement

Taylor Bean & Whitaker Mortgage Corp. and Home America Mortgage will pay more than $320 million to resolve allegations that they falsified loan applications, created false documentation, and misrepresented qualifications of applicants in order to secure federally funded insurance for home loans that ultimately defaulted.

Two whistleblowers filed a False Claims Act complaint in 2006 in the U.S. District Court for the Northern District of Georgia claiming the businesses engaged in a pattern of fraudulent activity that resulted in false applications for mortgage guarantees to be presented to the Department of Housing and Urban Development.

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Isn’t it a Bitch When They Lie…

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And then they get caught?! No sense of consequence.

Painter

Failing to be honest costs a lot of money… omitting the truth is just as bad as lying.

Government extracts $2 billion in fines from JPMorgan in Madoff case

By , Published: January 7 E-mail the writer

Years of high investment returns at Madoff Securities left bankers in the London office of JPMorgan Chase skeptical of the methods of company chief Bernard L. Madoff. While the bank reported its suspicions to British authorities in 2008, it never said a word to anyone in Washington, the Justice Department says.On Tuesday, Madoff’s primary banker agreed to pay federal prosecutors and regulators more than $2 billion to resolve criminal charges that it failed to alert the government about Madoff’s Ponzi scheme. [Read more HERE]

KaBoom!! Wells Fargo Bank, N.A. v Erobobo | NYSC – REMIC Fail, Plaintiff obtained the mortgage and note without an intervening assignment, in violation of the PSA to closed Trust

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IMHO – the trusts are empty, the money is gone, gone to fill pockets of the elite, wars, bribes and a mess of a global economy…

justiceleague00's avatarJustice League

stopforeclosurefraud.com | January 2, 2014

Decided on April 29, 2013

Supreme Court, Kings County

Wells Fargo Bank, N.A., as Trustee for ABFC 2006-OPT3 TRUST, ABFC ASSET-BACKED CERTIFICATES, SERIES 2006-OPT3, Plaintiff,

against

Rotimi Erobobo, THE CITY OF NEW YORK ENVIRONMENTAL CONTROL BOARD, “JOHN DOE” AND “JANE DOE” said names being fictitious, it being the intention of Plaintiff to designate any and all occupants of the premises being foreclosed herein, Defendants.

31648/2009

Plaintiffs Attorney

Fein, Such & Crane, LLP.

28 East Main Street, Suite 1800

Rochester, New York 14614

(585) 232-7400

Defendants Attorney

Kenneth S. Pesinger, Esq.

3601 Hempstead Turnpike, Suite 305

Levittown, New York 11756

Wayne P. Saitta, J.

Plaintiff, WELLS FARGO BANK, N.A., as Trustee for ABFC 2006-OPT3 TRUST, ABFC ASSET-BACKED CERTIFICATES, SERIES 2006-OPT3, (herein “Plaintiff”), moves this Court for an Order for summary judgment pursuant to CPLR 3212.

Upon reading the Notice of Motion by V.S. Vilkhu, Esq., Attorney…

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CA Attorney General Kamala D. Harris Announces $2.1 Billion Mortgage Settlement with Ocwen

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California – ya gotta be proud!

justiceleague00's avatarJustice League

CA Attorney General Kamala D. Harris Announces $2.1 Billion Mortgage Settlement with Ocwen

California homeowners eligible to receive an estimated $268 million in first lien principal reductions and nearly $23 million in cash payments
Thursday, December 19, 2013
Contact: (415) 703-5837

SAN FRANCISCO – Attorney General Kamala D. Harris today announced a $2.1 billion multistate and federal settlement with Ocwen Financial Corporation and Ocwen Loan Servicing, LLC (Ocwen) over alleged mortgage servicing misconduct.

The settlement makes California homeowners eligible to receive up to $268 million in first lien principal reductions and nearly $23 million in cash payments to borrowers.
 
“This settlement will help homeowners who’ve been misled while trying to modify their Ocwen mortgages,” said Attorney General Harris, “But our work isn’t done. Too many California families are still ‎coping with uncooperative banks and mortgage service providers. My office will continue to fight on their behalf.”

The settlement resolves…

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Stern Words for Wall Street’s Watchdogs, From a Judge

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In the New York Times – By Published: December 16, 2013

NTBTGTJWASHINGTON — It used to be common for the federal government to prosecute prominent people responsible for debacles that rattled the financial system. Michael R. Milken, the junk bond artist, went to prison in 1991; Charles H. Keating Jr., the face of the savings-and-loan crisis, pleaded guilty to four counts of fraud in 1999; and it looks like Jeffrey K. Skilling, the former chief executive of Enron, will be in prison until 2017. Continue reading →