Daily News related to the Foreclosure Crisis

The biggest unpunished heist in human history - Max Keiser

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Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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07/19/18

TRUMP NOMINEE FOR CFPB ADMITS IN HEARING SHE HAS NO BACKGROUND IN CONSUMER PROTECTION OR FINANCIAL REGULATION The Intercept

TRUMP NOMINEE FOR CFPB ADMITS IN HEARING SHE HAS NO BACKGROUND IN CONSUMER PROTECTION OR FINANCIAL REGULATION
ON THURSDAY, THE Senate Banking Committee heard from Kathy Kraninger, an official at the Office of Management and Budget with no background in financial regulation or consumer protection.

07/19/18

CFPB Deserves a Clear Champion for Consumers at Its Helm Medium.com NACAdvocate

CFPB Deserves a Clear Champion for Consumers at Its Helm
In July 2011, Richard Cordray­–formerly an Ohio Attorney General and Ohio state representative– was nominated by President Barack Obama as director of the burgeoning Consumer Financial Protection Bureau.

07/19/18

Record Of Failure Politico.com

Record Of Failure
Kathy Kraninger’s Disastrous Tenure at the Office of Management and Budget Staff Report Prepared for Senator Elizabeth Warren July 2018

07/19/18

In one chaotic courtroom, free counselors and attorneys have saved 11,000 Philly homes from foreclosure Philly.com

In one chaotic courtroom, free counselors and attorneys have saved 11,000 Philly homes from foreclosure
Two months and 13 days before Linda DaCosta stepped into Courtroom 676 in Philadelphia City Hall, the single mom of twin girls answered a knock she never expected.

07/16/18

WHO HOLDS THE TITLE? AN INTERVIEW WITH DAVID DAYEN 2018 4closurefraud.org

WHO HOLDS THE TITLE? AN INTERVIEW WITH DAVID DAYEN 2018
During the 2007 – 2008 financial crisis, Florida was one of the top states hit with foreclosures. Unfortunately, what wasn’t given enough attention were the many residents that were being foreclosed on illegally. David Dayen came across three ordinary citizens in Lake Worth, Florida, who uncovered the crimes that banks were committing and who fought vigorously to inform the public.

07/14/18

Tense eviction in Fitchburg ends peacefully Sentinel and Enterprise

Tense eviction in Fitchburg ends peacefully
FITCHBURG -- The standoff as a city homeowner was evicted Friday morning was brief, tense, and ultimately unsuccessful. "This is illegal! This is an illegal eviction," Cheryl LeBlanc shouted to the crowd that had gathered outside the front door of the home in which she and her sons have lived since 2002.

07/13/18

Modification Muddle Living Lies

Modification Muddle
There is a great deal of conflict and confusion in the world of foreclosure defense about the prospect of modification. It is obvious that approvals are random only to create the impression that an entire system devoted to foreclosing on as many homes as possible is purportedly attempting to work with homeowners.

07/12/18

The Big Lie. Deadly Clear

The Big Lie.
It’s time for the foreclosure defense arguments to evolve. These contracts are not traditional mortgages. They are, and continue to be, securities transactions without any disclosure to homeowners. Secreted securitization is bad enough; however, hidden rehypothecation, not only from the homeowners but also the courts, is a process of wiping out our national land records and title system – an unprecedented destruction of our liberty.

07/12/18

NY Monroe Case: Default entered against homeowner — CASE DISMISSED on Standing — US Bank Never refiled. Living Lies

NY Monroe Case: Default entered against homeowner — CASE DISMISSED on Standing — US Bank Never refiled.
I have held off on discussing this case until some time passed. As far as I now know US Bank, like several cases I won, has not refiled for foreclosure. There is a good reason for that. US Bank is not the Plaintiff. The Plaintiff is named as a REMIC Trust, for which the attorneys claim that US Bank is the Trustee.

07/11/18

Pulitzer Prize Winner Benoît Bringer Documents the Financial Crisis of 2008! Richard M Bowen

Pulitzer Prize Winner Benoît Bringer Documents the Financial Crisis of 2008!
Award-winning French investigative journalist and documentary filmmaker, Benoît Bringer, and his cameraman, Mathias Denizo, recently spent an afternoon around my kitchen table where they interviewed me regarding my role as a Citigroup whistleblower.

07/11/18

GARFIELD PREMISES Living Lies

GARFIELD PREMISES
Most people really don’t completely understand our premise when we investigate, research, examine and analyze a case or case documents. We have several premises with which we start and check to to see if they apply. While the answer is short the work behind it is long and complicated.

07/10/18

Foreclosure Intervention Program Actionnewsjax.com

Foreclosure Intervention Program
The city of Jacksonville is launching a program to help homeowners get out of foreclosure. The program provides mortgage counseling services, loan modification and refinance counseling as well as budgeting and financial literacy. The program is on a first come, first serve basis.

07/09/18

Indiana reopens embattled foreclosure prevention program following criticism from federal auditors Theindychannel.com

Indiana reopens embattled foreclosure prevention program following criticism from federal auditors
Hardest Hit Fund offering up to $30K to homeowners

07/06/18

Understanding a foreclosure Xenia Daily Gazette

Understanding a foreclosure
Foreclosure is a process that many of us have heard and read about, especially with the bursting of the “housing bubble” and the economic downturn of 2008. Foreclosures remain an issue today in housing in America.

07/03/18

Pay Attention! Look at the money trail AFTER the foreclosure sale Living Lies

Pay Attention! Look at the money trail AFTER the foreclosure sale
My confidence has never been higher that the handling of money after a foreclosure sale will reveal the fraudulent nature of most “foreclosures” initiated not on behalf of the owner of the debt but in spite of the the owner(s) of the debt.

07/02/18

Kathy Kraninger Is the Wrong Choice to Lead the CFPB National Review

Kathy Kraninger Is the Wrong Choice to Lead the CFPB
The post is too important — and too powerful — to be left to an unqualified nominee. The White House recently nominated Kathy Kraninger,

07/02/18

After Long Career Bailing Out Big Banks, Obama Treasury Secretary Tim Geithner Now Runs Predatory Firm That Exploits the Poor for Profit Common Dreams

After Long Career Bailing Out Big Banks, Obama Treasury Secretary Tim Geithner Now Runs Predatory Firm That Exploits the Poor for Profit
After a lengthy government career defined by his central role in bailing out predatory Wall Street banks as former President Barack Obama's Treasury Secretary, Timothy Geithner appears to have found his true calling

07/02/18

Forbes: TBTF Banks have $3.8 Trillion in Reported Loan Portfolios — How much of it is real? Living Lies

Forbes: TBTF Banks have $3.8 Trillion in Reported Loan Portfolios — How much of it is real?
The five largest U.S. banks have a combined loan portfolio of almost $3.8 trillion, which represents 40% of the total loans handed out by all U.S. commercial banks.

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