DUAL TRACKING VIOLATIONS DURING MODIFICATION PERSIST

Dual tracksDual tracking is when a servicer has you filling out modification paperwork and sending them your bank statements, proof of residency, tax returns, P&Ls, payroll stubs, etc. (over and over) and actually is processing your foreclosure at the same time.  Homeowners were supposed to be protected from dual tracking during modification.

But in case you were wondering if you can sleep at night while under the modification game – here are some interesting facts just released from the California Reinvestment Coalition (CRC) who distributed a survey to housing counselors in February 2013 to Report on how the banks were holding up their end of the bargain. So, if California is any indication of what the banks are doing around the rest of the country – be very wary. Continue reading →

Assault on Wall Street – The Movie…the dream…COMING SOON!

Assault on Wall Street covrMOVIE INSIDER: A security guard for an armored truck, Jim (Dominic Purcell) is a blue-collar New Yorker who works hard to earn a living. His wages support himself and his wife Rosie (Erin Karpluk), who is on the upswing recovering from a near-fatal illness. Yet things start to fall apart after Rosie’s health insurance stops covering her treatment and Jim’s life savings are lost via a disastrous investment his stockbroker had advised him to make. As a row of professional and personal dominoes falls, Jim is confronted by the realization that, after being abused and exploited by financial institutions for far too long, he has only one choice: to strike back. Sounds all too familiar?

Here are the movie trailers that are more than compelling drama. Assault on Wall Street is a stirring and probably a recurring dream for many foreclosed homeowners and pension-less employees that have been stripped of their savings, equity, homes and security. Continue reading →

THE PAST BECOMES THE PRESENT – A ‘WAG THE DOG’ WITH THE POTENTIAL FOR A NUCLEAR NIGHTMARE?

Wolfowitz:

THE IRAQ WAR WAS A LIE- LISTEN TO BUSH INSIDERS….DESCRIBE WAR CRIMES

Posted by:  | on April 5, 2013

“Hubris” (Full Film) Iraq War Documentary – Rachel Maddow (02-18-2013)

MSNBC host Rachel Maddow reports on how the Bush administration viewed the terrorist attacks of 9/11 as an opportunity to remove Saddam Hussein from power in part one of Hubris.   Continue reading →

Deutsche Bank: helped its customers maintain more than 300 secretive offshore companies and trusts through its Singapore branch

Why is this important when $12 Trillion ends up off shore? Among other obvious reasons, as noted by Frank Wehrheim, the former head of the tax investigation unit in German financial hub Frankfurt, big banks such as Deutsche Bank are responsible for “aiding and abetting tax fraud, money laundering and similar crimes.” Because of complex structures in tax havens, tax investigators can “very rarely look into these acts,” Wehrheim said…and trillion$ of dollars are hidden from taxes…

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Deutsche Bank: helped its customers maintain more than 300 secretive offshore companies and trusts through its Singapore branch

Largest German bank’s Singapore unit helped birth companies and trusts in tax havens

Germany’s largest financial institution, Deutsche Bank, helped its customers maintain more than 300 secretive offshore companies and trusts through its Singapore branch, an investigation by German newspaper Sueddeutsche Zeitung, German public broadcaster NDR and the International Consortium of Investigative Journalists has found.

More than 100 customer consultants at Deutsche Bank Singapore helped create or manage 309 offshore entities for its customers in the British Virgin Islands and other tax havens, according to secret records obtained by the news organizations.

Most of the companies carry fantasy names like “Thrilling Returns Incorporated,” “Amazing Opportunity Limited” or “Market Dollar Group Limited.” Public sources don’t show any business activities for most of these companies.

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Have We Reached A Tipping Point In The Financial System?

The Daily Sheeple logo

The DAILY SHEEPLE says:

“March and April 2013 may go down in history as the tipping point for the western financial system.

We have already seen:

  • Lehman Brothers and many other financial firms collapse.
  • $700 Billion in TARP funds arranged by banking insiders for banking insiders at the expense of US taxpayers. Continue reading →

Where did all the money go? Secret Files Expose Offshore’s Global Impact

Is a third of the world’s wealth tied up in the secret area of offshore? The mega-rich use of complex offshore structures is exposed.

630secrecyforsale_header_homeHIGHLIGHTS OF OFFSHORE LEAKS SO FAR
By Emily Menkes
April 4, 2013, 1:00 pm

Today marks the beginning of one of the biggest financial leaks in history.

The International Consortium of Investigative Journalists has just released the first stories from a global collaborative project into the world of offshore money. The Tax Justice Network, an advocacy group claims that a third of the world’s wealth is tied up in the secret area of offshore. Continue reading →

Sell Now! Confessions Of An Ex-Stockbroker

fiscalcliffroadblockIt’s pretty obvious to anyone studying securitization in foreclosure defense that the mortgage-backed securities scheme is fraught with fraud and teetering on the brink of disaster.

And when the next crisis happens it will be a non-partisan financial force majeure.

Affirmations have been coming out more recently by those fed up with the dealings of Wall Street’s greed and fear operations. This post by John Meyers in Personal Liberty  rings all too true.      Continue reading →

The mattress safe – the latest way to bank with confidence

My Mattress Savings BankEuropeans are a stone’s throw across the pond and what happens there eventually, like the Beatles, happens here. Many in the Euro-zone are asking each other and themselves:

“Is your money safe in the bank? Obviously not if you deposited large sums in Cyprus – where the decision to raid savings accounts has rung alarm bells in other countries teetering on the bank bailout high-wire,” posts  of the UK’s Guardian News. Continue reading →

Stockton, CA CalPERS – The Next Cyprus-like Haircut?

STOCKTON-BANKRUPTCYSTOCKTON, CA – BANKRUPT!

If you don’t think the Wall Street corruption and securities fraud, including mortgage-backed securities, isn’t affecting everyone – think again. Stockton, California has succumbed to bankruptcy due in large part to bad securities investments.

Look out California public employee retirees for the next Cyprus-like haircuts. Continue reading →