LPS Whistleblower Details How the Massive Service Provider Jacks Up the Math on “Defaulted” Mortgages So, a Lender Processing Services whistle blower submitted a sworn statement in the NJ investigation, detailing how some of the math “mistakes” are made. From Taibbi’s Mailbag: Answering a question about new regulation and policy: The main thing that matters to […]
http://www.dylanratigan.com/2011/03/25/is-this-man-a-terrorist-exclusive-interview-with-steven-lerner/ Here’s Lerner on the Tea Party’s defense of the big banks: You know I can’t explain it. Why Glen Beck and this group of people are basically shilling for Wall St. and the big banks it just makes no sense. So I can’t get into their head on why they’re doing it, what it […]
In a refreshing development of a court following the rules of evidence in a foreclosure case, the Wisconsin appellate court reversed a summary judgment for Aurora Loan Services because there was no admissible evidence supporting its claim to be the holder of the promissory note. Check out Aurora v. Carlsen. posted on http://www.stopforeclosurefraud.com.
From a story by Catherine Reagor in the Arizona Republic, also reported in the Phoenix Business Journal: The Arizona attorney general’s lawsuit against Bank of America over alleged mortgage fraud will remain in state court. The lender had asked the case, filed in late December, be moved to federal court. State Attorney General Tom Horne, […]
http://showdowninamerica.org/node/949 For years, homeowners have been engaged in a lopsided fight with the nation’s largest banks to save their homes. The big banks have bullied and bribed their way towards ensuring that they don’t have to help homeowners, even if it means breaking the law. At every step along the way, the very people and […]
Don’t be mad; let’s do something. There might be a resurrection of this bill, which requires nothing but simple honesty regarding the authority of a foreclosing party. More details later…
This should be required viewing for every judge and bank attorney that has not seen Inside Job, the Oscar winning documentary by Charles Ferguson on the economic crash, the securitization food chain, and academic dishonesty by the economist mafia. http://www.nakedcapitalism.com/2011/01/mit-lecture-by-charles-ferguson-on-the-financial-crisis.html