Articles Related To Mortgage Servicing Fraud

Date	Article Articles are added weekly	Source	Comment
10/29/21	Here is another lie: Wilmington Savings Fund Society	Living Lies	Here is another lie: Wilmington Savings Fund Society The purpose of this terminology and sentence structure is to create names, not entities. These are bankruptcy remote, liaiblity remote, reality remote names without any legal person or entity appearing in the chain. And let me be clear — yes I do think that anyone who has entered into a transaction in which a mortgage and note were signed has good reason to contest to existence of any debt, since it is not claimed as owned by anyone. Such ownership is ALWAYS erroneously and deceptively implied. The banks are highly exposed on this issue and they know it. Their only strategy that works is deep pockets for the long haul, deception and intimidation.
10/28/21	RE: Senate Bill No. 1017 - Legislation to Strengthen Rules Governing Attorney Conduct; Penalties for Misconduct	Mohan Harihar	RE: Senate Bill No. 1017 - Legislation to Strengthen Rules Governing Attorney Conduct; Penalties for Misconduct My name is Mohan A. Harihar – I am an American-born Citizen, raised here in the Commonwealth, currently residing in Acton, MA. Since 2011, I have been in active/ongoing litigation stemming from Homestead Protection Errors and an illegal foreclosure – as identified by: 1. The US Department of Justice (DOJ); 2. Federal Bank Regulators; and 3. The Massachusetts Office of the Attorney General (MA AGO) I am writing to you in support of Senate/House Bill No. 1017, to provide an (ongoing) decade- long case example(s) of why stricter legislation is necessary for holding attorneys accountable.
10/28/21	Boston launches fund to help homeowners avoid foreclosure	The Hill	Boston launches fund to help homeowners avoid foreclosure The mayor of Boston announced a new program on Thursday that would use emergency funds to help homeowners avoid foreclosure, according to The Associated Press. Boston Mayor Kim Janey (D) framed the program as an effort to address job loss related to the coronavirus pandemic.
10/28/21	Congressman Brad Sherman: Wall Street Has Been Underwriting Cayman Islands Shell Companies and Passing Them Off as the Real Chinese Companies	Wall Street On Parade	Congressman Brad Sherman: Wall Street Has Been Underwriting Cayman Islands Shell Companies and Passing Them Off as the Real Chinese Companies Congressman Brad Sherman (D-CA) knows a thing or two about accounting and law. He has a law degree from Harvard, where he graduated Magna Cum Laude. He has previously worked as a CPA and Certified Tax Law Specialist. Sherman chairs the House Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets.
10/27/21	$7 million remains in Connecticut's COVID mortgage assistance fund	CT Insider	$7 million remains in Connecticut's COVID mortgage assistance fund Connecticut doled out nearly $4.9 million in mortgage assistance during the first two phases of its homeowner assistance program, leaving just over $7 million in unused federal funds.
10/27/21	Why it isn’t really a trust — REMIC or otherwise.	Living Lies	Why it isn’t really a trust — REMIC or otherwise. The certificate holders are creditors of the beneficiary investment bank who is merely doing the business under the name or label of the “trust.” In short, it is a recitation of an investment bank doing business with itself.
10/26/21	QWR and DVL Guidelines	Living Lies	QWR and DVL Guidelines A QWR is a qualified written request under the rules of RESPA. A DVL is a debt validation letter under the rules of the FDCPA. Centers of either one must conform to the existing rules — not what they would like the rules to be.
10/26/21	Home price growth remained at record pace in August	Housing Wire	Home price growth remained at record pace in August Annual growth, at 19.8%, still at record level
10/25/21	Atlanta Fed’s GDP Now Says U.S. Third Quarter Growth Was Almost Nil at 0.5 Percent; Wall Street Economists Are Forecasting Over 3 Percent	Wall Street On Parade	Atlanta Fed’s GDP Now Says U.S. Third Quarter Growth Was Almost Nil at 0.5 Percent; Wall Street Economists Are Forecasting Over 3 Percent This coming Thursday morning at 8:30 a.m., the Department of Commerce’s Bureau of Economic Analysis (BEA) will release its advance estimate for U.S. Gross Domestic Product (GDP) in the third quarter. Some folks are going to have a lot of egg on their face at 8:31 a.m.
10/25/21	GSE forbearance rate declines to 1%	Housing Wire	GSE forbearance rate declines to 1% Total number of loans in forbearance decreased by seven basis points to 2.21% as of Oct. 17, according to MBA
10/25/21	New York poised to expand CRA rule to nonbank lenders	Housing Wire	New York poised to expand CRA rule to nonbank lenders The New York State Senate delivered on Friday a bill to Gov. Kathy Hochul. She has 10 days to approve or reject
10/22/21	It’s A Lie, Pure and Simple	Living Lies	It’s A Lie, Pure and Simple “Bank of New York Mellon as trustee for the certificate holders” is an exercise in deceit and fraud. Lawyers for homeowners should pay more attention to filing a motion to dismiss or a motion for more definite statement as to the identification of the claimant. It is simply human to try to skip to the main issue. But it is not wise if what you are skipping is in fact the main issue.
10/22/21	Black Knight: Foreclosure Starts Reverse Course in September, Pulling Back Despite Moratoria Expiration; Delinquency Rate Falls Below 4% for First Time Since Start of Pandemic	Yahoo Finance	Black Knight: Foreclosure Starts Reverse Course in September, Pulling Back Despite Moratoria Expiration; Delinquency Rate Falls Below 4% for First Time Since Start of Pandemic The national delinquency rate fell to 3.91% in September - the first time it's been below 4% in 18 months - marking a 2.3% decline from August and 41.3% from the same time last year
10/21/21	8 Florida federal judges had illegal stock ownership conflicts	Florida Bulldog	8 Florida federal judges had illegal stock ownership conflicts Eight of Florida’s federal judges had financial interests in one or more of their cases, according to a blockbuster newspaper report that identified 131 judicial scofflaws across the nation. The Wall Street Journal’s investigation into how federal judges handled 685 lawsuits during the years 2010-2018 has become a hot topic in Congress.
10/21/21	Fannie, Freddie give green light for remote appraisals	OC Register	Fannie, Freddie give green light for remote appraisals Big changes are coming for housing in 2022. First, forget real estate agents setting up meet, greet and appraise meetings. Forget drive by appraisals. Forget appraisers price gauging homebuyers — especially in rural regions. Remote appraising is all the rage.
10/21/21	The Fed Is Subsidizing the Money Market Funds Operated by Larry Fink’s BlackRock as BlackRock Manages a Big Part of Jerome Powell’s Wealth	Wall Street On Parade	The Fed Is Subsidizing the Money Market Funds Operated by Larry Fink’s BlackRock as BlackRock Manages a Big Part of Jerome Powell’s Wealth Last year, during the financial crisis, Fed Chairman Jerome Powell held five confidential phone calls with BlackRock’s Chairman and CEO Larry Fink.
10/20/21	Remote Online Notarization: Banks are ramping up the way they will conduct illegal foreclosures	Living Lies	Remote Online Notarization: Banks are ramping up the way they will conduct illegal foreclosures Nobody talks about ICE. But it owns the New York Stock Exchange, MERS and an incredible buffet of FINTECH capabilities and it operates as though it is a governmental or quasi governmental agency. It isn’t. And its practices have been institutionalized by longevity and the courts who have no idea what Wall Street is doing.
10/19/21	ICE Mortgage Announces Expansion of MERS Remote Online Notarization Capabilities	Mortgage Orb	ICE Mortgage Announces Expansion of MERS Remote Online Notarization Capabilities ICE Mortgage Technology, part of Intercontinental Exchange Inc., has announced that MERSCORP Holdings Inc., the mortgage industry’s national electronic loan registry, is expanding its capabilities to now include industry-wide, secure storage of Remote Online Notarization (RON) videos for lenders, investors and servicers.
10/19/21	The Wall Street Journal and New York Times Censor Yet Another Major News Story on the Fed and the Mega Banks It Supervises	Wall Street On Parade	The Wall Street Journal and New York Times Censor Yet Another Major News Story on the Fed and the Mega Banks It Supervises On October 13, Wall Street On Parade broke the story that the Federal Reserve had quietly released the names of the mega banks that had grabbed tens of billions of dollars of repo loans under the Fed’s emergency repo loan operations that began on September 17, 2019 – months before there was a COVID-19 case
10/19/21	“FOR THE CERTIFICATE HOLDERS” IS A DEAD GIVE-AWAY THAT THERE IS NO CREDITOR	Living Lies	“FOR THE CERTIFICATE HOLDERS” IS A DEAD GIVE-AWAY THAT THERE IS NO CREDITOR BANK OF NEW YORK MELLON AS TRUSTEE FOR THE CERTIFICATE HOLDERS OF CWABS, INC. ASSET BACKED CERTIFICATES, SERIES 2007-11. FACT CHECK 1. BONY IS NOT A TRUSTEE FOR ANY CERTIFICATE HOLDERS BECAUSE THE CERTIFICATE HODLERS ARE NOT BENEIFICAIRIES OF ANY TRUST. FACT CHECK 2: NO TRUST IS IDENTIFIED EVEN BY NAME. CONCLUSION: THE HOMEOWNER IS FIGHTING WITH A GHOST. THE INVESTMENT BANK IS HIDING BEHIND IT AND EVERYONE IS MAKING MONEY EXCEPT THE HOMEOWNER WHO UNKOWINGLY ALLOWED THE SECURTITIZATION SCHEME TO PROCEED WITHOUT ANY SALE OF THE DEBT.
10/18/21	FHFA to make desktop appraisals permanent	Housing Wire	FHFA to make desktop appraisals permanent FHFA Acting Director Sandra Thompson also announced expansions to the eligibility requirements for refinance programs geared toward low-income borrowers
10/18/21	Basic Bookkeeping and Accounting Knowledge Can Keep False or Unreliable Information Out of Evidence	Living Lies	Basic Bookkeeping and Accounting Knowledge Can Keep False or Unreliable Information Out of Evidence The current custom and practice is to substitute a partial report that is entirely hearsay (usually titled “Payment History”) for the expected and legally required loan account receivable. Such a report when revealed as such is not admissible into evidence if the homeowner raises an objection.
10/15/21	Exit your forbearance	CFPB	Exit your forbearance It takes a plan to exit mortgage forbearance. Learn about your options, get expert help, and find the right option for you. Plan your exit from mortgage forbearance: Watch a video about your repayment options Learn about your repayment options Learn about how options vary by agency
10/15/21	Lay People Look at What the Document Says. Lawyers Look for What the Document Does Not Say	Living Lies	Lay People Look at What the Document Says. Lawyers Look for What the Document Does Not Say I am often sent documents to review. And most of the documents purport to grant authority to some person or entity to do everything (or at least something) necessary to complete the process of foreclosure. In virtually all cases documents that are allowed to appear are merely part of the illusion of authority and not the source of Authority. In short, the grantor does not say that it owns or has the authority to grant authority to anyone else. This is considered a fatal defect on most documents but it occurs regularly in foreclosure cases.
10/15/21	Foreclosure Filings Reflect End of Moratorium	Mortgage News Daily	Foreclosure Filings Reflect End of Moratorium As was probably inevitable, foreclosure files rose significantly in the third quarter of 2021 and appeared to accelerate in the last month of that quarter. The moratorium on foreclosures which was put in place in March 2020 in response to the COVID-19 pandemic expired on July 31.
10/15/21	Fannie Mae: Mortgage rates and home prices will rise in ’22	Housing Wire	Fannie Mae: Mortgage rates and home prices will rise in ’22 Economists at Fannie Mae expect an increase mortgage rates and home prices in 2022 due to higher inflation, a tightening of monetary policy, and low home inventory.
10/15/21	The SEC Is Taking a Hard Look at Dark Markets, Except for the Darkest of All – Dark Pools	Wall Street On Parade	The SEC Is Taking a Hard Look at Dark Markets, Except for the Darkest of All – Dark Pools On Tuesday, SEC Commissioner Allison Herren Lee delivered an exceptionally well-researched speech on the rising dangers to the broader U.S. economy from the burgeoning dark private markets for non-publicly traded stocks. She makes many important points.
10/14/21	California Court Revisits Homeowner’s Bill of Rights	DSNews	California Court Revisits Homeowner’s Bill of Rights Borrowers regularly sue their loan servicers over alleged violations of the California’s complex Homeowner Bill of Rights (HBOR). Generally, the allegations have little merit. However, in the rare case that an actual violation exists, the Court of Appeal for the Second Appellate District recently confirmed that a loan servicer can
10/14/21	Democratic lawmakers ask Justice Roberts for info on judicial conflict failures	Reuters	Democratic lawmakers ask Justice Roberts for info on judicial conflict failures Two Democratic lawmakers on Thursday asked U.S. Supreme Court Chief Justice John Roberts for information on failures by judges to recuse themselves from cases in which they had financial conflicts as they questioned whether he had done enough to enforce ethics rules.
10/14/21	Mortgage Delinquency Rates Near Pre-Pandemic Levels in U.S.	World Property Journal	Mortgage Delinquency Rates Near Pre-Pandemic Levels in U.S. CoreLogic's latest monthly Loan Performance Insights Report shows that 4.2% of all mortgages in the U.S. during July 2021 were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3-percentage point decrease in delinquency compared to July 2020, when it was 6.5%. While overall delinquencies remain above the February 2020, pre-pandemic rate of 3.6%, this is the lowest rate since last March.
10/14/21	Foreclosures Tick Up After Moratorium Ends	DSNews	Foreclosures Tick Up After Moratorium Ends The first bits of foreclosure data are starting to come through after the federal government’s foreclosure moratorium expired July 31 and the numbers are not as bad as some experts were predicting at the start of the moratorium.
10/14/21	Federal appeals court rules against investors in Boston low-income housing case	WBUR	Federal appeals court rules against investors in Boston low-income housing case The U.S. Court of Appeals in Boston on Wednesday ruled that a Denver investment firm failed to prove its fight with a South End housing nonprofit belongs in federal court.
10/14/21	Senate Banking Chair, Sherrod Brown, Gives Fed’s Quarles a Scathing Bon Voyage	Wall Street On Parade	Senate Banking Chair, Sherrod Brown, Gives Fed’s Quarles a Scathing Bon Voyage Yesterday was the last day that Randal Quarles served in the post as Vice Chair for Supervision at the Federal Reserve. Senator Sherrod Brown, the Chair of the Senate Banking Committee that oversees the Federal Reserve, used the occasion to send a scorching letter to Fed Chair Jerome Powell assessing Quarles’ performance in the job, which began on October 13, 2017. Brown wrote:
10/13/21	Goldman Sachs: Home prices will rise another 16% in ’22	Housing Wire	Goldman Sachs: Home prices will rise another 16% in ’22 Home prices are currently up 20% year-over-year, but according to a new Goldman Sachs market forecast, they may not have reached their peak yet. Not even close. Goldman Sachs economists predict that home prices will grow another 16% by the end of 2022.
10/13/21	NY Judge Wilson: Prima Facie Elements Are not Issues of “Standing”	Living Lies	NY Judge Wilson: Prima Facie Elements Are not Issues of “Standing” US Bank v. Nelson, 36 N.Y.3d 998, 1000 (N.Y. 2020) (“Whether a plaintiff is a party to a contract – and therefore can sue for breach of contract – is not a question of “standing.” New York law suggests that true standing must be pleaded as an affirmative defense. But whether a plaintiff is a party to a contract and, therefore, can sue for breach, is not a question of standing – it is an essential element of a plaintiff’s claim, which must be pleaded affirmatively in a complaint.”)
10/13/21	Quietly, the Fed Releases the Names of Banks that Got Billions in Emergency Repo Loans in 2019	Wall Street On Parade	Quietly, the Fed Releases the Names of Banks that Got Billions in Emergency Repo Loans in 2019 The Federal Reserve Bank of New York has quietly posted the names of the banks that grabbed billions of dollars under the Fed’s emergency repo loan operations that commenced on September 17, 2019 – months before there was a COVID-19 crisis anywhere in the world.
10/12/21	The Dallas Fed Board Is Now Complicit in the Robert Kaplan Saga	Wall Street On Parade	The Dallas Fed Board Is Now Complicit in the Robert Kaplan Saga Last Wednesday, the Editorial Board of the Financial Times of London penned an editorial under a headline that read: “The Fed’s Trading Scandal Undermines Public Trust.” The editorial noted that the President of the Dallas Fed, Robert Kaplan, “held stakes over $1m each in 27 investments, and moved in and out of S&P 500 futures.
10/12/21	For those exiting “Forbearance” or Moratoriums — Be Careful What You Write!	Living Lies	For those exiting “Forbearance” or Moratoriums — Be Careful What You Write! After a few extensions, the mortgage payment pause officially ended — or will be ending soon — for 1.2 million out of an estimated 1.7 million loans that remained in forbearance as of August, according to CoreLogic. Wall Street is busy churning out even more disinformation than before because they are trying to avoid a mass revolution from consumers.
10/11/21	What the “affidavit” does NOT say is more important than what it does say	Living Lies	What the “affidavit” does NOT say is more important than what it does say This is an example of how the investment banks are responding to me without specifically giving me or my websites oxygen. They are now attempting to file affidavits from parties that appear to be the actual claimant and who appear to be The owner of the underlying obligation, the legal debt, the note and the mortgage. In truth, however, none of that is true.

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