Lenore Albert linked the notification of the court ruling to me last night. This is Huge!
Here is a link to her website - Interactive Counsel
I am asking ALL THOSE IN CALIFORNIA WHO HAVE AURORA LOANS AND DEUTSCHE BANK TO CONTACT LENORE ALBERT!
PLEASE JOIN THIS CLASS ACTION! DO NOT LOSE YOUR HOME OVER FRAUD!
I would also like to say THANK YOU, to all the law firms, most are small but are standing up for what is right for the people, who are filing the class actions for the people! I find it absolutely amazing that really big class action firms have not gotten involved in the MERS fraud! Is that because they are too heavily involved with the banks or it is not enough money in it for themselves and thus they are thinking that way, instead of doing for the people? I find the gold that glitters is those who are willing to do for others, though there may not be something huge gotten returned financially etc. At the end of this time on Earth, what will really matter? How much money was made or what you did to help others, overall?
LENORE ALBERT - THANK YOU FOR WHAT YOU ARE DOING!
Lenore Alberts information is the following -Contact her if you are in California and have Aurora Loans and Deutsche Bank for your mortgage! Also contact her for ANY MERS Bank you have - she will be able to help you and another Class Action could get started for other MERS banks - IMO!
Lenore L. Albert, Esq. SBN 210876
LAW OFFICES OF LENORE ALBERT
7755 Center Avenue, Suite #1100
Huntington Beach, CA 92647
Telephone (714) 372-2264
Facsimile (419) 831-3376
Email: lenorealbert@msn.com
LAW OFFICES OF LENORE ALBERT
7755 Center Avenue, Suite #1100
Huntington Beach, CA 92647
Telephone (714) 372-2264
Facsimile (419) 831-3376
Email: lenorealbert@msn.com
EDIT to add - I am asking all those people in California reading this. To PLEASE put Lenore Albert's information on California message boards, Craigslist, anywhere it will be seen by people who it will HELP and stand up to the fraud and join the Class Action against bank foreclosure fraud!
I am an attorney working in the southern California area, and have been watching closely to what Ms. Lenore Albert is accomplishing with this class action against MERS/Aurora/Deutsche. The favorable rulings from the courts thus far have been nothing short of amazing as the class of homeowner's continues to grow and gain momentum. I commend Ms. Albert for her continued efforts to protect the rights of homeowner's in California.
ReplyDeleteBravo to Lenore Albert for doing such a wonderful job of protecting homeowners and showing that justice still can reign in this nation.
ReplyDeletePlease call me. I emailed you to join the suit.
ReplyDeleteAdele Schneidereit
I assume those that borrowed money from the banks have a moral obligation to pay them back.
ReplyDeleteOr is this a way to exploit a technicality to get something like a house for free?
If the social consciousness does not do what is right but instead does what favors their personal situation, why in the would any banks loan any more money? What would that do to our economy?
Dear Anonymous, I am not in the class action but have been doing research on this matter in order to present it to a few journalists I know. The deeper I dig, the more I find yet I can't believe what I've found so far. I believe banks have committed outright fraud. Clearly you have no idea what has happened and neither do most people and if the public only knew the half of it, they would be outraged to the core. Banks paid rediculous bonuses and commissions to brokers and underwriters to peddle these predatory loans. Applications, appraisals and loan documents were tampered with and/or bait & switch tactics, non-disclosure techniques and even document forgery was often used to get these loans through because no one in their right mind would have signed them if they'd been properly disclosed or understood. TILA and RESPA violations were rampant in order to hide the terms from homeowners so they had no idea about the ever-increasing adjustable terms that, over time, often exceeded their income! Or discover the neg-am terms that used their equity as a payment,only to discover this after it was too late because most of these abusive clauses didn't kick in until after 3-5 years (after statutes expired) Often these loans 'balloon' whereby after making 30 years of bloated payments well beyond market rates, they owe more than when they began! It was only a matter of time before people would default but this is just the beginning! Once people began defaulting, the extent of this fraud was so massive, it knocked the bottom out of real estate and people became upside down and along with these new predatory payment requirements, they'd have no choice but to walk. Homeowners lost their down payments, equity and homes they'd owned for years while banks bank BILLIONS on the mortgage meltdown. How did banks make billions on this?? Because they pawned the liabiltiy of these bad loans off onto Wall Street - they packaged up these bad loans and dumped them onto the common man as this junk was sold into pension plans, 401k's and other vehicles Americans are privy to so they could take the hit when these loans defaulted! Yep! Pensions and 401k's across the nation ate the loss. But it gets worse. It turns out these loans were often sold 4 or 5 times to different investors!! Banks are getting away with it because of the morons in our country who don't have a clue about what is going on. Also many judges are either bought off, blackmailed, ignorant or non-sympathetic. These loans were organized into these securitization trusts and MERS which is a platform where that required robo-signers who fraudulently signed away and it was such an unorganized mess that most properties now have broken chains of title and often more than one owner on the same loan! There are few options for homeowners who have been screwed. When it's profitable to foreclose, banks won't modify. There were so many laws broken and this has been one of the worst crimes committed against consumers in history. One of these days, it will become public knowledge but right now, people are still brain-dead and have no idea all this has happened and lawyers are just beginning to make sense out of this mess. The problem is that class actions usually don't give homeowners much recourse and it's the lawyers who make all the money. Again, be careful with class actions. I would opt out and hire an attorney if you have a good case.
DeleteYou obviously have not looked into the mortgage fraud very much. You seem to not be aware of all that the banks have made and how they have screwed their investors. Before just making "moral" statements, I suggest actually educating yourself about the whole situation.
ReplyDelete98 percent of the people are totally unaware of what the Fractional Reserve System is or how it operates. Banks are required, by law, to LOAN MONEY, not CREDIT. Banks do not give you lawful money when a loan is made. They have you sign a Promissory Note in the amount of the loan, which is an asset for the bank, and then they give you a check book with CREDIT in the balance of the loan for you to "create" the circulating fiction, called money, with your signature on the checks you write. This is an unconscionable contract as the banks have NO RISK, but if you default, they obtain substance as well as your equity for NOTHING !
ReplyDeleteMoralize on that for a while.
So true! Banks do not loan money. They monetize promissory notes. Same for credit cards. No money involved. Counterfeiting! Each time you use a credit card, the card bank counterfeits the amount with a computer ledger entry and wires it to the store or where ever you used your card. You pay your card bill and the bank makes 100% profit on each and every payment that pay. If I print $100 on my ink jet printer and loan it to you, when you pay me back $100, I have just made $100 profit! Get it? A Large Scam or Fraud!
ReplyDeleteLooking for help with Mortgage modification Fraud committed by Santa Barbara Bank & Trust as seen at www.occquestions.com
ReplyDeleteSince July 2007 Santa Barbara bank & Trust has been overcharging me on my SBA Loan. Santa Barbara bank & Trust has compleatly ignored SBA Form 147 Note