If it's Bosco It's Bad: Judge Curly Rips Into Tiffany Bosco in this Recording

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LISTEN HERE JUDGE CURLEY RIPS INTO TIFFANY AND BOSCO FOR FRAUDULENT PRACTICES

WHY ISN’T BOSCO IN JAIL?

After years of reports of self-dealing, in-house robo-signing and outright lying in Court, Tiffany and Bosco is coming under the scrutiny of Judges and law enforcement. I have received dozens of uncorroborated reports about Tiffany and Bosco, telling me that Bosco utilized his secretary and his father as straw-men in friendly transactions that resulted in Bosco taking ownership of a house that never should have been foreclosed in the first place.

The practice of allowing the bid to slip quietly to friends has, according to all reports, been endemic to the entire foreclosure scenario. Since the Banks are not actually losing any money on these deals (having used investors money), they are allowing some properties to go to preferred people thus allowing a person to pick up a house that originally sold for $600,000 for as little as $40,000. I have personally seen US Bank fight tooth and nail for property that is of dubious value — except to the neighbor nearby who has wanted to grab it for years. I have no proof, but the deals out there probably include sharing fees and expenses of litigation and potentially contracts to sell the property to “friends of the bank” long before the foreclosure or long before the litigation is over.

To those who have received such benefits I would say, besides shame on you, that you are in a position where you could be liable for what you have done. You didn’t just buy a piece of property. You entered into a conspiracy to deprive a homeowner of their rightful home.

Tags: bankruptcy, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, LOAN MODIFICATION, modification, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
Posted in bubble, Corruption, Eviction, securities fraud |