ProPublica Rounds Up Best Reporting On Foreclosure Crisis

The Best, Most Revealing Reporting on the Foreclosure Crisis by Blair Hickman ProPublica, Feb. 17, 2012, 1:24 p.m.Answers to homeowners’ questions about the Independent Foreclosure Review.The administration’s website for the foreclosure prevention program. Provides an FAQ, homeowner examples, and other tools to see whether you might qualify for the program.A list of HUD-approved housing counseling […]


“What’s happened is that, almost overnight, we’ve switched from democracy in real-property recording to oligarchy in real-property recording. There was no court case behind this, no statute from Congress or the state legislatures. It was accomplished in a private corporate decision. The banks just did it.” -Christopher Peterson, a law professor at the University of […]

Mortgage Relief Bill Needs Your Participation

This information from Foreclosure Strategists: CALL TO ACTION – SB1451 BACKGROUND: AZ SB 1451, the Mortgage Finance Reform Act, would allow AZ homeowners to refinance at or near current market value.  It will lower monthly payments by at least 33%. It doesn’t cost the state a nickel. SB1451 it passed the Senate Banking Committee 6 […]

ProPublica on How Citi Dumped Bad Mortgages on Our Government

How Citibank Dumped Lousy Mortgages on the Government by Cora Currier ProPublica, Feb. 16, 2012, 5:34 p.m. Citigroup agreed yesterday to pay $158 million to settle a lawsuit over bad loans that the bank passed on to the Federal Housing Administration to insure. The whistle-blower who originally brought the case, Sherry Hunt, an employee of […]

San Francisco Audit Reveals Pervasive Faulty Foreclosures

No shock here but try explaining these defects to an Arizona judge.  Apparently none of this pervasive fraud leading to the 40-state AG’s investigation, the OCC (worst regulator of all time) Consent Orders, numerous Congressional reports, Ben Bernanke’s Treasury Investigation and White Paper issued this year, happened in Arizona.  Even when you show it to […]