Fraudclosure Against America’s Middle Class – A War with Serious Repercussions

A Foreclosure Primer from a Washington State Paralegal.

I.             War Against America’s Middle Class.

bankers-warsWhile most Americans’ (and in fact the world’s) attention is on Syria, I would like to point out that there has been a war waging right here at home for several years, and it is far more likely to have a direct impact on you than anything overseas.

There is a financial war being waged that is arguably as damaging as any war in recent history.  Warren Buffet said “In my view, derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal”. [Click HERE for PDF – Warren Buffet on Derivatives] Continue reading

REALITY CHECK – The Banks Are Going to Lose the FHFA Suits

The Banks Are Going to Lose the FHFA Suits, So They Are Trying to Shoot The Messenger.

By | September 10, 2011

FHFAEver since the Federal Housing Finance Authority (FHFA, Fannie Mae & Freddie Mac’s overseer) filed its blockbuster securities fraud suits against 17 banks and 131 individual bankers, a lot of commentators have said, essentially: How dare FHFA sue banks for securities fraud? Fannie and Freddie were crooks too! (Er, Fannie and Freddie were too sophisticated to be fooled! Fannie and Freddie couldn’t have been defrauded by the banks!) Continue reading

The Man Who May Bring the Banksters to Justice (If They Don’t Break His Knees First)

Miles Mogulescu for HUFFINGTON POST
Entertainment attorney, writer, and political activist

New York State Attorney General Eric Schneiderman may go down in history as the most important public official in reforming the corrupt financial system that caused the great Financial Crisis of 2008 and holding the perps responsible — if he can hold out against pressure from Wall Street, the Federal Reserve, and the Obama administration to give Wall Street a “Get Out of Jail Free” card.

Eric Schneiderman has played a key role in the investigation of foreclosure fraud and robo-signing by 50 state attorneys general against JP Morgan Chase, Bank of America, Wells Fargo, Citigroup, and Ally Bank. Reportedly, most of of the attorneys general — Continue reading