http://www.nytimes.com/2016/08/30/business/dealbook/prosecution-of-financial-crisis-fraud-ends-with-a-whimper.html White Collar Watch By PETER J. HENNING AUG. 29, 2016   Photo In 2011, Robert Khuzami of the Securities and Exchange Commission announced charges against top executives from Fannie Mae and Freddie Mac. Credit Win Mcnamee/Getty Images One source of great frustration from the financial crisis has been the dearth of cases against individuals over subprime lending practices and…[...]

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Tags: countrywide, FIRREA, NYTimes, SEC
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https://www.buzzfeed.com/chrishamby/super-court?utm_term=.dcLRxkdWZ#.hnZ8QB0r6 A parallel legal universe, open only to corporations and largely invisible to everyone else, helps executives convicted of crimes escape punishment. Part one of a BuzzFeed News investigation. Chris Hamby BuzzFeed News Reporter Imagine a private, global super court that empowers corporations to bend countries to their will. Say a nation tries to prosecute a corrupt CEO or ban…[...]

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Tags: chris hamby buzzfeed, court that rules the world, ISDS, TPP, transpacific partnership
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http://www.detroitnews.com/story/business/2016/08/28/michigan-sets-parole-linda-green-robo-signer/89525028/ By Brian O'Conner The only person jailed in connection with a foreclosure forgery scandal that swept through Michigan and the rest of the country after the collapse of the housing bubble spends her days confined to the Women’s Huron Valley Correctional Facility in Pittsfield Township. But not for long. Sentenced in May 2013 to serve up to 20 years…[...]

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[caption id="attachment_39635" align="alignnone" width="300"] Unconscionable Acts by Debt Collectors[/caption]   Under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd Frank Act), all covered entities are legally required to refrain from committing unfair, deceptive, or abusive acts or practices (collectively, UDAAPs) in violation of the Act. Certain acts or practices related to the collection of consumer debt that could,…[...]

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Tags: cfpb consumer protection act, udaap
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http://bpinvestigativeagency.com/washington-mutual-bank-sold-these-67529-toxic-loans-and-not-one-single-foreclosure-by-the-investors/  Having investigated the WaMu/FDIC/Chase fact pattern for nearly seven-years now, and having investigated hundreds of foreclosure cases where JPMorgan Chase claims sole ownership of specific Washington Mutual Bank loans by virtue of the “Purchase & Assumption Agreement” (PAA) with the FDIC, one fact is now well established – no schedule or inventory of assets listing any specific WMB mortgage loan…[...]

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Tags: Bill Paatalo, bpinvestigativeagency, WAMU, wamu/fdic/chase
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As I am on the road, I will limit my comments. see Cenlar FSB v. Joseph L. Malenfant FREE HOUSE Cenlar FSB v. Joseph L. Malenfant 2016-2015-vt-93 The dissenting justice gets it right. In essence he is saying that it isn't the borrower's fault that these files, these loans, these documents are all screwed up and that if that produces…[...]

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The Neil Garfield Show has been cancelled this evening. Join Neil next week when he will discuss his recent Florida win.  Partnering with Ft. Lauderdale attorney Patrick Giunta, Neil successfully argued securitization.  Neil Garfield will be writing a blog post this week detailing his win.  [...]

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In the course of litigation, homeowners often acquire documents through internet searches, discovery and other means that might help others.  Servicing manuals, scripts, proprietary system information, and other documents can prove invaluable in fighting foreclosure fraud. We encourage people with inside knowledge or in possession of evidence that might help others to send documentation anonymously to our email address at…[...]

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[caption id="attachment_39982" align="alignnone" width="480"] “My conclusion is that it’s pretty clear—from what she’s saying and the document that she attaches—that they’ve been doing what I’ve been saying they were doing all along: telling clients want to say. These are listed out for the attorneys to ask the witness, and the answers that the witness needs to give are right there.…[...]

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Former Fannie Mac CEO reaches agreement that places no restrictions on future work http://www.wsj.com/articles/to-settle-sec-case-government-pays-itself-100-000-1471991173 By Aruna Viswanatha Aug. 23, 2016 6:26 p.m. ET   Former Fannie Mae chief executive  Daniel Mudd reached a “settlement” with the Securities and Exchange Commission in a crisis-era case it filed against him. The deal, filed on Monday, requires essentially nothing of Mr. Mudd. The settlement…[...]

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