This is where I first learned the term of political fraud pandering. American Homeowners thought they had a cheerleader and it turns out Marcy Kaptur and the rest of her political cronies were just another bunch of do nothing politicians. They had the chance to write legislation to outlaw the fraudulent securitization schemes, robo-signing and UNREGULATED DERIVATIVE and they did nothing! The small in consequential crap they did do, like the $25 million National Mortgage Settlement that Kamala Harris oversaw, was a drop in the bucket to the TRILLION$ of debt the banks created from Americans’ mortgages and never helped the over 56+ million American families that lost, short sales, or walked away from their homes. This and other bank/government “settlements” were just a smokescreen leading up to another election.
Sometimes (most of the time) we have to wonder – whose bright idea was the foreclosure and eviction moratorium? Did they have no sense of consequence? The idea in and of itself was good at the time – but the execution leaves a lot to be desired. Why in the world would the Congress agree to a moratorium of mortgage payments be allowed to use a “forbearance” program?! Here we go again.
March 1, 2021 MEDIA CONTACT: Office of Communications Tel: (202) 435-7170
NEW REPORT FROM CONSUMER FINANCIAL PROTECTION BUREAU FINDS OVER 11 MILLION FAMILIES AT RISK OF LOSING HOUSING Federal foreclosure moratorium slated to end June 30, 2021 WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued a report that warns of widespread evictions and foreclosures once federal, state, and local pandemic protections come to an end, absent additional public and private action. Over 11 million families are behind on their rent or mortgage payments: 2.1 million families are behind at least three months on mortgage payments, while 8.8 million are behind on rent. Homeowners alone are estimated to owe almost $90 billion in missed payments. The last time this many families were behind on their mortgages was during the Great Recession.
The stories you are about to read are relatively true with some poetic liberties, the names have been changed to protect the innocent. God took care of the guilty.
Karma comes from the Sanskrit word, karam, or action. The Law of Karma talks about the consequences of our actions. Or in other words, cause and effect. You may or may not call it karma, but for most of us, we have one of the following ideas already implanted.
You reap what you sow –
What goes around comes around –
You get what you give –
Life always come “full circle” –
How does this apply to bank foreclosure attorneys?
“In an alternate reality, the one progressives wanted, the government wouldn’t have bailed out the banks during the 2008 crash. When mortgage-backed securities began catching flame like newspaper under logs, the government would have prioritized struggling homeowners instead. It would have created a corporation to buy back the
For over a decade, American Homeowners have been fighting the corruption that stems from the banks to legislators and down through the judiciary… and all the way up to the top of the political chain. Mortgages and Notes were faux pieces of paper created after American Homeowners filled out Fannie Mae 1003 applications where their personal information and properties were sold into securitization/rehypothecation slavery before they signed the fake mortgage deals.
With this corruption grew tons of charlatans riding the gravy train at the expense of naive, sleepy homeowners and business owners who trusted their banks and Continue reading →
In Britain, the mortgage market is worth more than £1.3 trillion, but how many of these mortgages are fatally flawed through the complicity of legal professionals? Sounds a lot like our mortgage corruption in America. It appears we are looking at a worldwide attack on property ownership.
Host Ross Ashcroft is joined by the film-makers Michael O’Bernicia and Michael O’Deira to find out what is really going on with our mortgages and the banks that provide them.
American Homeowners and GSE Shareholders – WAKE UP! The Treasury and GSEs hold the toxic MBS with inflated appraisals, flawed/fraudulent financial products, forged paperwork – and its what’s backing the Federal Reserve. Your property is their Gold Standard. #AuditTheFed Is it any wonder why HAMP was a scam when you realize this? Now you can understand why you could never get a modification – when the servicers told you to miss 3-4 payments in order to qualify. Sounds like they intended to put you into default, doesn’t it? Is this why nobody wants to talk about wrongful foreclosures and toxic (worthless) property assets – would that bring down the Fed? Continue reading →
For all the talk about a divided America (mostly political that we shy away from on the DC blog), there is a HUGE group of people that can collectively agree we were screwed, smeared, and denied due process in courts that failed to follow the Rule of Law. This is the massive population of American Homeowners.
The majority of over 84 MILLION families were unwittingly lured into a corrupt Wall Street securities scheme that cost them their clear title properties and in some cases their lives or the lives of their loved ones. American Homeowners can easily collaborate and identify with each other because the same crimes were committed over and over on each of them. Talk about a united, cohesive bunch of people – we are the American Homeowners!Continue reading →
The main focus this week, Blackrock & PIMCO, et al v. U.S. BANK NATIONAL ASSOCIATION, was so powerful it deserves to be highlighted. As usual legal protocol, the Plaintiffs’ claims are accepted by the court to be true. For example, the next move for the Defendant might be to file a motion to dismiss, a court must accept all well-pleaded facts as true, viewing the facts in the light most favorable to the plaintiff.
WARNING:The contents of this complaint is likely to make certain foreclosure judges with hefty Plaintiff hedge funds preferred shares in their investment portfolios extremely nauseous.
Plaintiffs Blackrock & PIMCO and a multitude of subsidiaries, affiliates, associates, closely related and closely held companies for each sued U.S. BANK NATIONAL ASSOCIATION for BREACH OF CONTRACT; VIOLATION OF THE TRUST INDENTURE ACT OF 1939; BREACH OF FIDUCIARY DUTY; BREACH OF DUTY OF INDEPENDENCE; AND NEGLIGENCE. Continue reading →