www.bpinvestigativeagency.com/jpmorgan-chase-ordered-to-produce-wire-transfers-of-borrowers-payments-to-trust/ Posted by Bill Paatalo on Feb 26, 2018  (See: Proodian-V-Chase-Order) Things are going to get real interesting now! On February 15th, 2018, the following Order was handed down in the Circuit Court for Palm Beach County, Florida. Here is a little background on this case. The Plaintiff is current on his loan that was originated in 2005 by Washington Mutual…[...]

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Tags: investigator bill paatalo, JPMC, JPMorganChase
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Editor's Note:  This article fails to raise the issue that Fannie Mae is insuring millions of loans that are defective and did not meet the PSA guidelines and are prime for default. Why Fannie Mae Will Likely Fall to $0 By Paul Price Mixing business with politics is a recipe for disaster, and that's never been proven more true than…[...]

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By Erica Bryant   Elizabeth McGriff got her house back. She always believed in her right to 618 Cedarwood Terrace, which was lost in a foreclosure many called unjust. Now — after years of bank negotiations, eviction blockades, public rallies, acts of civil disobedience, prayer services, lockouts and a sustained "live-in" —  she has the deed. And Take Back the Land, an organization that says housing should be a human…[...]

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People who can’t afford to pay bills face arrest and jailing because of powerful money-hungry debt collectors. By Jennifer Turner, Human Rights Researcher, Human Rights Program, ACLU FEBRUARY 21, 2018 https://medium.com/aclu/debt-collection-companies-have-hijacked-the-justice-system-6a2c5bf5b874 As in Zencka’s case, and in thousands of other similar cases around the country, courts are issuing arrest warrants and serving as taxpayer-funded tools of the multi-billion-dollar debt collection…[...]

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A new report details how easily you can be put in jail simply for owing a company money. https://www.thenation.com/article/prosecutors-and-judges-have-brought-back-debtors-prisons/ By David Dayen One of the defining features of my work has been the loss of integrity in the justice system, not just because of separate tiers of accountability for the rich and powerful, but also because of the active collusion…[...]

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By J. Guggenheim/Lendinglies staff Fannie Mae and Freddie Mac have separately announced sales of non-performing loans this week.   Offsetting these toxic mortgage securities target smaller investors, including nonprofits and minority- or women-owned businesses who can't afford to take the hit when they realize they bought defective repackaged securities the big lenders now avoid. In 2017, through both Fannie Mae and…[...]

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History suggests that the Trump administration's zeal for financial deregulation could lead to an economic crisis. By David Dayen February 20, 2018 The Trump administration is delivering on its promise of financial deregulation. Mick Mulvaney has eroded the Consumer Financial Protection Bureau since being installed as acting director in November. The agency’s new strategic plan says it will “fulfill the…[...]

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By T. Anderson Abstract - US Residential-Mortgage Transfer Systems - A Data Management Crisis Investigator Bill Paatalo won't stop digging until he unearths the entire skeleton of the fraudulent securitization scheme.  He recently stumbled upon a golden nugget contained in a white paper on residential mortgage transfers.  Confirming what Paatalo has already discerned from his decade of research, “"The loans…[...]

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Tags: Bill Paatalo, data management crisis, loan level audit, mortgage transfer, mortgage transfer systems
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Hat tip to Bill Paatalo who brought this to my attention. see: Abstract - US Residential-Mortgage Transfer Systems - A Data Management Crisis U.S. Residential-Mortgage Transfer Systems: A Data-Management Crisis John Patrick Hunt† , Richard Stanton‡ , and Nancy Wallace§ May 16, 2012 Abstract This paper reviews the current state of residential-mortgage data structures from origination through the securitization supply…[...]

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Fraud for the first time in history has been institutionalized into law. It is foolishness to believe that the banking industry is trustworthy and that they have the right to claim legal presumptions that their fabricated documents, and the forged documents are valid, leaving consumers, borrowers and in particular, homeowners to formulate a defense where the banks are holding all…[...]

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Tags: Bank of America, Chase Bank, Citibank, Citimortgage, Royal Bank of Scotland, Wells Fargo Bank
Posted in Corruption, discovery, evidence, Fabrication of documents, legal standing |