Latest Foreclosure Fraud News 11/14/11

Stop Foreclosure Fraud presents the following...

JIM FULLER, CLERK OF THE COURT, DUVAL COUNTY, FLORIDA vs. MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. (MERS), MERSCORP - 2011-11-11 14:37:51-05

IN THE CIRCUIT COURT, FOURTH JUDICIAL CIRCUIT, IN AND FOR DUVAL COUNTY, FLORIDA JIM FULLER, CLERK OF THE CIRCUIT COURT, DUVAL COUNTY, FLORIDA, in his official capacity and on behalf of all those similarly situated, Plaintiff, vs. MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., a Delaware corporation; and MERSCORP, INC., a Delaware Corporation Defendants. Scribd iPaper(72570476, 'key-2j0q77ii32icyuhv6dnf', [...]

Mortgagors, BEWARE! Ocwen Set to Buy $15 Billion in MSRs from JPMorgan - 2011-11-11 18:53:13-05

Something strange is going on here and it looks like a complete set up… Don’t ask me why it just seems like risky business. Wanna Bet? The M Report- JPMorgan Chase & Co. has a buyer for $15 billion in mortgage servicing rights from the financial institution, with the announcement that Ocwen Financial Corp. would [...]

****Ocwen just took over Litton Loan (Goldman Sach's loan servicing)  Why are they taking over the top Wall Street bank servicing companies?  What do they know we do not?******

CITIZEN RESEARCHERS: PLEASE HELP WRITE THIS ARTICLE - 2011-11-11 19:05:58-05

WHY INVESTORS, HOMEOWNERS AND THE ECONOMY BENEFIT FROM PRINCIPAL WRITE-DOWNS Principal write-downs have been condemned as morally hazardous. Failure to include such write-downs may well sink any chances of an economic recovery. To demonstrate the value of write-downs, this research documents the history of homes now on the market due to foreclosure, and the losses [...]

Bondi has wrong priority - 2011-11-12 09:24:26-05

You should know by now that no one and I mean no one is coming to the borrowers rescue, even after all the fraud, after all the robo-signing… No one has tried to put a stop to this fraud. A simple halt to investigate and an examination of the documents would easily demonstrate the massive [...]

Foreclosed Homeowners Could Receive Small Checks Under Big Bank Foreclosure Fraud Settlement - 2011-11-12 10:10:42-05

HuffPO- The deal as currently stands would extract $17 billion worth of mortgage modifications and principal reduction for struggling borrowers, among other things, according to a source familiar with the situation. Another $3 billion would be set aside to boost refinancing. And from $5 billion paid directly to state and federal governments, foreclosure victims abused [...]

ROCKWELL P. LUDDEN, THE MERS MORTGAGE IN MASSACHUSETTS: GENIUS, SHELL GAME, OR INVITATION TO FRAUD? - 2011-11-12 11:39:18-05

BY: ROCKWELL. P. LUDDEN But Mousie, thou art no thy lane, In proving foresight may be vain: The best-laid schemes o’ mice an’ men ……………Gang aft agley, An’ lea’e us nought but grief an’ pain, ……………For promis’d joy! To a Mouse, Robert Burns MERS, the Mortgage Electronic Registration Systems, was the creation of a mortgage [...]

U.S. Bank calls for court to hear MERS class-action suit - 2011-11-13 22:10:41-05

Highly recommend that if anyone wants to go after MERS, you first read STATE OF DELAWARE v. MERSCORP, Mortgage Electronic Registration Systems, Inc., (MERS) to get familiar with some specifics.    Observer- Reporter U.S. Bank National Association has asked U.S. District Court to hear a class-action suit, filed by Washington County on behalf of all counties [...]

California refuses to accept Obama’s banking sellout, or just holding out - 2011-11-13 22:25:05-05

I have mixed emotions on this one because I am seeing California teeter totter, not sure of the outcome. As Matt Stoller wrote about AG Kamala Harris Network: she shares them with President Obama, who endorsed her late in 2010 for the AG office. Her brother-in-law, Tony West, was key fundraiser for Obama in California, [...]

Appeals Judge Roasts Special Judge Sandra Taylor — STATE JUDGE SAYS THAT BANK LAWYER WAS UNETHICAL IN FORECLOSURE CASE— WITH TAYLOR’S “COMPLICITY” - 2011-11-13 22:27:31-05

EX PARTE COMMUNICATION, TOO KWTNBLUE- It was just a routine foreclosure case. Nothing special. Just another poor smuck losing his house. The pupose of the hearing was to determine how much the smuck was going to have to pay the bank in addition to giving up his house. In legalese, that’s a deficiency judgement. The [...]

Whistleblower: Despite payments, a foreclosure threat - 2011-11-13 23:07:35-05

Mark my words, Someone is going to die from all the frustration these banks are causing and they are going to regret they ever fraudulently foreclosed on that person. If it hasn’t occurred already. There are very ill people out there and this is going to cause a severe tragedy, for an unavoidable circumstance. A [...]

County clerks warn that private home loan registry may cloud titles to thousands of Central Texas homes - 2011-11-13 23:45:16-05

We know for a fact and the government knows for a fact that if MERS is on your documents, a cloud also exists. Their “quick fix” might come as simple as accepting a modification, principal reduction or a refi, to cover this all up and creating new paper. If any of your new docs have [...]