Clouded title is epidemic to this, er, epidemic. It’s not as though we have not been warning the servicers, judges, and title insurers. On Credit Slips: Wrongful Foreclosures and Clouded Title posted by Adam Levitin I think there’s a much bigger problem lurking in the shadows behind the GMAC/JPMChase foreclosures freezes due to concerns about faulty foreclosures: […]
I feel compelled to discuss a few things here. Normally I do not editorialize too much but I’m breaking my rule. Three things: Lies about who you are, who you represent, that entity’s interest, lack of personal knowledge, whether a note has already been satisfied, and trumping up fake assignments of a deed of trust […]
Go here if you are interested in signing change.org’s petition to halt foreclosures in the US for pervasive fraud.
This snippet from the NY Times article resonated: “Margery Golant, a Boca Raton, Fla., foreclosure defense lawyer, said GMAC “has cracked open the door.” “Judges used to look at us strangely when we tried to tell them all these major financial institutions are lying,” said Ms. Golant, a former associate general counsel for the lender […]
Ally (formerly GMAC) has only suspended foreclosures in judicial foreclosure states. That means that fraud continues in hard hit non-judicial states like Arizona, Nevada and California. The press is finally on this! The Washington Post and Mother Jones and numerous other reporters are looking for homeowners’ evidence on this. Go to this link and send in […]
If I’ve seen one, I’ve seen a thousand, and believe me, it is not just GMAC. Just take a look at the Maricopa County Recorders Office filing or foreclosure cases on PACER if you want to see some trumped up evidence (the federal judiciary has no trouble side stepping this, along with many of the […]
If only we could get more of the judges to understand the gravity of the situation regarding concocted evidence and candor to the tribunal, especially in Arizona federal district court. It is bizarro world out here. A clip from Bloomberg on the GMAC situation, full link below: In December 2009, a GMAC Mortgage employee said […]