Washington state Pardo v. NWTS — KingCast Mortgage Movies
Stafne Trumbull Crush NWTS, RCO, MERS, MERSCORP in King County Superior Court Motion Hearing: Civil Conspiracy Moves to Discovery
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Tag Archives: Fraud
Rolling Rebellion, Lawyers and Citizens Protest Seattle Bankster UCC Uniform Law Conference
Coming up on July 11th is the national Uniform Law Committee conference in Seattle at the Westin Hotel.
Whether or not you are in foreclosure, if you own a home and have a mortgage or intend some day to own a home, this national ULC conference affects you. For hundreds of years states have owned and recorded their own lands – and now it appears the United States federal government would like that to change. Continue reading
Fed Recognizes Foreclosure Abuse – Admits Errors (well, some of them anyway)
Press Release
Release Date: July 7, 2014
The report released today provides information on the process for the review of the foreclosure files during the IFR and file review results, including servicer error rates during the IFR, up to the time the IFR was replaced. The report also contains updated information on direct borrower payments and other assistance from the Payment Agreement and discusses the Federal Reserve’s ongoing supervision of corrective actions the mortgage servicers are required to implement. The report focuses primarily on servicers regulated by the Federal Reserve. Continue reading
“Real Cause Is Regulatory Capture/Corruption”
Posted by Larry Doyle of Sense on Cents
Letter to Editorial Board of The New York Times: “Real Cause Is Regulatory Capture/Corruption”
EXCERPT: “Lying, fraud, self-dealing, blatant misrepresentations and more as laid out in this lawsuit against Barclays are symptoms of a Wall Street that remains out of control. What is the cause that needs to be addressed, exposed, and rectified? A financial regulatory system that covers the spectrum of being ill-equipped, incompetent, captured, and corrupted.” Continue reading
Sense on Cents: Message for Tim Geithner On the Release of Stress Test
By Larry Doyle
Dear Tim,
Congratulations on the release of your book. I assure you that I will read it and review it here at my blog.
Given your positions formerly as head of the New York Federal Reserve and Secretary of Treasury, you will certainly receive enormous media attention and exposure in touting your book and your take on dealing with the crisis of 2008. To wit, I see just this morning that The Wall Street Journal is running your editorial entitled The Paradox of Financial Crises.
Tim, let’s cut the bull$hit. Continue reading
Stern Words for Wall Street’s Watchdogs, From a Judge
In the New York Times – By ADAM LIPTAK
Published: December 16, 2013
WASHINGTON — 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
Criminal Action Is Expected for JPMorgan in Madoff Case
New York Times posted by JESSICA SILVER-GREENBERG AND BEN PROTESS
JPMorgan Chase and federal authorities are nearing settlements over the bank’s ties to Bernard L. Madoff, striking tentative deals that would involve roughly $2 billion in penalties and a rare criminal action. The government will use a sizable portion of the money to compensate Mr. Madoff’s victims.
The settlements, which are coming together on the anniversary of Mr. Madoff’s arrest at his Manhattan penthouse five years ago on Wednesday, would fault the bank for turning a blind eye to his huge Ponzi scheme, according to people briefed on the case who were not authorized to speak publicly. Continue reading
Libor Lies Revealed in Rigging of $300 Trillion Benchmark
No – we’re not making this up.
According to Bloomberg By Liam Vaughan & Gavin Finch – Jan 28, 2013: “The benchmark rate for more than $300 trillion of contracts was based on honesty. New evidence in banking’s biggest scandal shows traders took it as a license to cheat.” Graphic: Bloomberg Markets Continue reading
Scorsese’s ‘Wolf of Wall Street’ Gets In Under the Oscar Wire
By MICHAEL CIEPLY and BROOKS BARNES
LOS ANGELES — Last week, Martin Scorsese winged off to Marrakesh, Morocco, where he will spend nine days adjudicating Prince Moulay Rachid’s film festival.
But he left a not-so-little something behind: “The Wolf of Wall Street,” a two-hour, 59-minute cinematic romp through the securities business — his longest film ever.
Every State Should – AUDIT LAND RECORDS
By Sydney Sullivan
“[L]and records across the country have been polluted, diluted, laundered and rendered useless by MERS (the Mortgage Electronic Registration System), and Landtegrity.com has posted a petition demanding answers from the White House,” wrote Richard Zombeck, in the Huffington Post April 2103.
No answers have been received. Now is time to prepare for the 2014 elections and get the point across. We need to unite and visibly display our discontent for the damage done to our property records. Let’s put a bumper sticker on every car!
Order your bumper sticker now so that every politician can clearly see the #1 agenda on the minds of every homeowner in America is to clean up the land records. Continue reading
Deadly Clear 