It’s just an observation, but it certainly appears that foreclosure judges have been given orders to squash homeowners like a bug at the lower court level and if they can afford to appeal – maybe, just maybe, they might get some fair and balanced justice. The process so far has been highly unbalanced. Whether foreclosure judges are just not competent enough to understand the securitization, rehypothecation and securities scheme, or whether they’ve been told by higher-ups that if they don’t rule against homeowners all their pensions will be lost or the economy will crash – it’s just a bizarre and pathetic state of mind. Continue reading
Tag Archives: New York
Two Judges Who Get It About Banks – Too Many Other Judges Don’t
Big banks hold great sway in Washington these days, far more than troubled homeowners do. But outside the Beltway, many people remain caught in the maw of the financial giants, which is why it is heartening when some judges step into the fray.
Consider two opinions involving Wells Fargo, a bank that enjoys a somewhat better reputation than many of its peers. On Monday, a judge in a state court in Missouri ordered Wells to pay over $3 million in punitive damages and other costs for abusing a borrower. Then, on Thursday, a judge in Federal Bankruptcy Court in suburban New York ruled on behalf of another borrower, concluding that there was substantial evidence Wells Fargo forged documents when it foreclosed on a property. Continue reading
A.G. Schneiderman Sues Long Island & Florida Companies For Defrauding Homeowners In Mortgage Rescue Scheme
Court Issues Restraining Order Against Firms As Lawsuit Seeks Restitution For Consumers
NEW YORK – Attorney General Eric T. Schneiderman today filed a lawsuit in New York County Supreme Court against four interrelated companies and their principals for operating a fraudulent loan modification scam. The lawsuits were filed against Home Affordable Direct, Inc. (Farmingdale, NY), Home Affordable Solutions, Inc. (Farmingdale, NY), JR Holding Group Corp (Babylon, NY), Clear Solutions and Settlements, Inc. (Tampa, FL) and their principals, Javier Gutierrez and Shadi Soumekh. The companies and their principals are alleged to prey upon financially vulnerable consumers by claiming they can provide substantial relief from unaffordable mortgage payments through loan modifications and other forms of foreclosure prevention.
Hau’oli La Ho’omakika’i from DeadlyClear
BofA Invasive Tactic in Foreclosures Draws Scrutiny
Don’t think for a minute that this could not happen to you. This is much more prevalent than you can imagine.
The New York Times – by JESSICA SILVER-GREENBERG
Barry Tatum returned to his home in Chicago in December to find that his front and back doors had been torn from their hinges, leaving his possessions exposed to the frigid winds that whipped through his neighborhood.
Terrified that he had been robbed, Mr. Tatum, who had fallen behind on his Bank of America mortgage, raced inside only to discover an unlikely source of the break-in, he Continue reading
20 Cities That May Face Bankruptcy After Detroit
Generated from a Newsmax post:
Think Motown is the only major U.S. city in a boatload of financial trouble? Think again. By Stephen Moore
“Detroit’s bankruptcy filing sent shivers down the spine of municipal bondholders, government employees, and big-city urban residents all over the country. That’s because many of the 61 largest U.S. cities are plagued with the same kinds of retirement legacy costs that sent Detroit into Chapter 9 bankruptcy this summer. Continue reading
Hon. Philip S. Straniere – The judge in the “Sixth Sense” part of the Civil Court, seeing cases with “dead corporations” represented by “dead law firms”
“This is another case which is slowly convincing me that I am the judge in the “Sixth Sense” part of the Civil Court where, like characters in that film who only see dead people, I am relegated to seeing cases with “dead corporations” represented by “dead law firms,” citing Hon. Philip S. Straniere from CENTURION CAPITAL CORP., v. ANNA GUARINO.
Sounds a lot like mortgage foreclosure fraud, doesn’t it? Bankrupt mortgage lending companies resurrecting themselves as the ghost of the bank or pretender lender that exited years earlier – all of a sudden, without legal authority they appear in court trying to fool the homeowners, investors, state recordation offices and courts with fabricated (too late) assignments of mortgage to trusts that closed years earlier and are now rapidly depleting their assets – paid off likely with TARP funds – thank you very much. Continue reading
“Stay in Your Homes – You Are Going To Find They Don’t Have That “Paper” Up There On Wall Street”
One of the outstanding interviews after President Obama announced there would be an investigative task force into the Wall Street banks’ mortgage fraud was aired on The Rachel Maddow Show on Jan. 28, 2012. It is a MUST WATCH TV interview – click here.
New York Attorney General Eric Super-Schneiderman has been appointed by President Continue reading
Get Your Free Attorney General Phone Number Here!
Most homeowners have flawed, robo-signed and outright fraudulent assignment of mortgage documents. It’s time to take copies to the state AG, file a complaint and show them just how prolific the fraud is. You may not be able to go to hop a plane to help OccupyWallStreet – but you can show solidarity by contacting your Attorney General.
Do it now – call the AG, show them your assignment of mortgage documents and file a complaint. Click on your state below.
Do it today before the statute of limitations runs out. Continue reading
“Occupy Wall Street” – Thousands of protesters take-over Wall Street
Protesters Begin Effort to ‘Occupy Wall Street’
LIVE VIDEO – as it is happening! Tweets say it’s heavily policed….
Protesters are gathering on Wall Street today in a movement they call “Occupy Wall Street.” Continue reading