AG Jack Conway Calls MERS a Ghost and a Front – Files a Lawsuit Against MERSCORP Holdings, Inc.

Weep no more my lady
Oh! weep no more today!

Bravo – Kentucky Attorney General Jack Conway!

3ghostsAttorney General Jack Conway announced that his office filed a lawsuit on January 23, 2013 in Franklin Circuit Court against MERSCORP Holdings, Inc., and its wholly owned subsidiary Mortgage Electronic Registration Systems, Inc. (MERS) for violations of Kentucky law. The lawsuit is a result of Attorney General Conway’s investigation of mortgage foreclosure issues in Kentucky.

The lawsuit alleges that MERS violated Kentucky law by not   Continue reading

HAMP – The Modification Scam …and NOW SETTLEMENT SHAM!

By Shelley Erickson, January 18, 2013

HOC_slide01_01The contents in the synopsis of the Wall Street and the Financial Crisis: Anatomy of a Financial Collapse will bring you up to speed on how, why and what happened causing the recent crimes against the homeowners by the banks, S&P and our politicians that led us into the HAMP & MOD SCAM AND NOW SETTLEMENT SHAM. Continue reading

Banks Get To Name Their Own Price – Independent Foreclosure Review More Like Priceline.com

110714obamabanksters“Sneaky” comes to mind to describe the government and the banksters regarding two settlements between US banks and government regulators who alleged that the banks were guilty of widespread abuse of the foreclosure system that allowed banks to seize homes from defaulting borrowers. The banksters agreed to pay out more than $20 billion on Monday to resolve claims arising from the mortgage crisis. Continue reading

Where are you George Bailey? You apparently are not in the White House…

In 2010, Meg Rehrauer, a J.D. Candidate at Northeastern University School of Law, wrote a memorable paper:

Its a Wonderful Life color jacketREGAINING THE WONDERFUL LIFE OF HOMEOWNERSHIP POST-FORECLOSURE DEFENDING HOMEOWNERS FROM EVICTION AFTER FORECLOSURE BY ATTACKING THE OWNERSHIP RIGHTS OF THE FORECLOSING ENTITY

It’s Christmas 2 years later and we’re still reeling in foreclosures and frauds committed by the banks because America is stuck in the portion of George Bailey’s dream as if he hadn’t been born. Continue reading

Inside the Hostess Bankery – A Hostess Employee Tell-All

Via Crooks & Liars, the Daily Kos, a story that reads like a horror movie script. A Hostess Employee Tells All About CEO Gutting Pensions, Pay Scales.

Amazingly, Washington did not offer Hostess a bailout. This discriminatory policy may be a constitutional violation — denial of equal protection of the laws. Since the onset of the financial crisis, the government has decided that some systemically important financial institutions are too big to fail. Why, any fair-minded person will ask, was Hostess not TBTF? How can the American government let an 82-year-old brand can die?

Well first, there is the apparently failed oversight “accounting error”:

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“American Banksters” Reminds Presidential Candidates the Housing Crisis Is Not Over

STOP UNNECESSARY FORECLOSURES – PROTECT AFFORDABLE HOUSING
KEEP HOMEOWNERSHIP AVAILABLE

For too long, the rules of Wall Street have been written by the bankers themselves. The result was the financial crisis that cost Americans millions of jobs, along with billions in taxpayer-funded bailouts, and trillions of dollars in pension funds, home values, and retirement savings.

Remind Presidential Candidates the Housing Crisis Is Not Over.
You Can Take Action!

Sign the Petition: Click here Continue reading

Computerized Robo-Signing: Is Green Tree Servicing Taking Robo-Fraud to a Whole New Level?

Never let it be said that where there is big money invested, there won’t be crooks in the kitchen.  It doesn’t matter how big you are there’s always a short cut that can that can potentially create more wealth – if you don’t get caught.

An investigator in the northwest uncovered just such a scam – so big that authorities claim it needs multi-state attention. It appears Green Tree Servicing has been flying under the radar and was hardly noticed until a recordation research team began uncovering similarly signed documents – yup, the old robo-signed Assignment of Mortgage trickery again… but this time new and improved via computer, maybe for speed and precision, ya think?

It appears the signatures are in the computer – no dummies needed to sign – just fill in the Continue reading

Foreclosure Woes Of The Rich And Famous

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

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

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.

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

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