A Scathing Report of Judges and Rulings in The Foreclosure FRAUD! How They Keep Allowing Banks to resubmit Paperwork, Until it is Successful - BUT Do NOT Allow Homeowners ANY Second Chances! Judges are Accomplices to the Fraud of Banks!

Matt Taibbi of the Rolling Stones has done an Excellent Job in Revealing how the Judges and Courts are For the Banks and Against the Homeowners in the Foreclosure FRAUD!  Judges will allow banks to come in over and over with new "correct" paperwork, until they have something that looks almost correct!  BUT when it comes to homeowners, they don't allow one small mistake, nor second chances! 

The Judges are just as responsible for the Foreclosure Fraud as the Banks, as they are allowing it to happen over and over again!  I posted about the Miami Judge UPSET Foreclosures were being delayed and Halted.

On the 24th of last month, I posted the letter from the Florida Bar Association asking the Judges WHY they have not heard about the fraudulent paperwork of attorneys from the Judges and they were only hearing about it from the media.  I have not seen a follow up nor a response from the Judges yet, though that may not be made public anyway.

Matt Taibbi, blows the whole Foreclosure Fraud and Judges being a part of the fraud wide open!  They are accomplices to the fraud of the banks and attorneys for the banks.  They are allowing the fraudulent paperwork to go through!  Only if there is a homeowner who is fighting the foreclosure, does the Judge even consider the paperwork.  When the homeowners attorney, points out the fraud, is when the Judge tells the bank, to come back with the correct paperwork!  In other words, the Judge does NOT then admonish the bank by trying to foreclose through Fraud!  They Let the bank by and tell them, go ahead and fix the paperwork.  So that gives the bank time to go and create more fraudulent paperwork to foreclose! 

Portions of Article:

The rocket docket wasn't created to investigate any of that. It exists to launder the crime and bury the evidence by speeding thousands of fraudulent and predatory loans to the ends of their life cycles, so that the houses attached to them can be sold again with clean paperwork. The judges, in fact, openly admit that their primary mission is not justice but speed. One Jacksonville judge, the Honorable A.C. Soud, even told a local newspaper that his goal is to resolve 25 cases per hour. Given the way the system is rigged, that means His Honor could well be throwing one ass on the street every 2.4 minutes.

But in reality, it's the unpaid bills that are incidental and the lost paperwork that matters. It turns out that underneath that little iceberg tip of exposed evidence lies a fraud so gigantic that it literally cannot be contemplated by our leaders, for fear of admitting that our entire financial system is corrupted to its core — with our great banks and even our government coffers backed not by real wealth but by vast landfills of deceptively generated and essentially worthless mortgage-backed assets.

You've heard of Too Big to Fail — the foreclosure crisis is Too Big for Fraud. Think of the Bernie Madoff scam, only replicated tens of thousands of times over, infecting every corner of the financial universe. The underlying crime is so pervasive, we simply can't admit to it — and so we are working feverishly to rubber-stamp the problem away, in sordid little backrooms in cities like Jacksonville, behind doors that shouldn't be, but often are, closed.

This Part says it ALL!

Now, one might think that after a bank makes multiple attempts to push phony documents through a courtroom, a judge might be pissed off enough to simply rule against that plaintiff for good. As I witness in court all morning, the defense never gets more than one chance to screw up. But the banks get to keep filing their foreclosures over and over again, no matter how atrocious and deceitful their paperwork is.

Thus, when Soud tells Kessler that he's dismissing the case, he hastens to add: "Of course, I'm not going to dismiss with prejudice." With an emphasis on the words "of course."

Instead, Soud gives Kessler 25 days to come up with better paperwork. Kowalski fully expects the bank to come back with new documents telling a whole new story of the note's ownership. "What they're going to do, I would predict, is produce a note and say Bank of New York is not the original note-holder, but merely the servicer," he says.

In other words - the Judge is saying come up with paperwork I will accept - Don't care what it is, but make it look good, so you can foreclose on the house!

THIS IS SO SICKENING!  WHAT IS EVEN MORE SICKENING IS THE RUMOR THAT CONGRESS HAS A BILL READY TO PASS IN THE LAME DUCK SESSION THAT GIVES BANKS THE ALL CLEAR FOR ALL THE FRAUD IN THE PAST!  I will be posting about that soon!