"THE EFFECT ON THE NATION, AND THE EFFECT ON THE NUMBER OF AMERICANS DIRECTLY AND PROFOUNDLY IMPACTED BY THIS FRAUD EXCEEDS THE REACH OF OSAMA BIN LADEN. THE PATRIOTIC THING TO DO IS TO CHALLENGE THE LENDERS, CHALLENGE THE TRUSTEES, CHALLENGE THE COURTS, CHALLENGE THE SHERIFF, CHALLENGE THE TITLE, CHALLENGE THE NOTE, CHALLENGE THE NOTE, FIRING THE AMMUNITION WE HAVE…[...]
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We have an odd sort of political system in practice and maybe in design. The founders assumed that we would be distracted most of the time and that those most adept at distracting us would assume power. I address here those people who have an interest in the outcome of the foreclosure mess, whether they are in foreclosure, have a…[...]
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Apparently on the assumption that most of these voters are either Democrats or otherwise people who will blame Republicans for not regulating Wall Street and Lenders, Republicans with close ties to the largest foreclosure law firm in the State, which raised $250,000 for them, have taken control of the polling and are removing people from the voting rolls if their…[...]
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QUESTION: 1. A friend of mine let me see his papers he received from the Attorney's office that's the trustee for a bank that's foreclosing on him. One of the papers that sent was titled Allonge. On the paper it says: PAY TO THE ORDER OF NEW CENTURY MORTGAGE COMPANY _______________________________________ without recourse Company Name: ACE MORTGAGE FUNDING LLC by: …[...]
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QUESTION: I have received a five day notice. Do I have to leave? ANSWER: Technically the answer would be yes, you are being ordered to leave. As a practical matter however, there are several procedural steps that the Trustee or "lender" must take before they can actually remove you from the premises. And of course in most cases, it is…[...]
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Government: If you think our problems are bad, wait until you see our solutions. Note: If you are planning to attend it would be wise to book now. Experience has shown us that sometimes a large number of lawyers show up at these workshops intending to register at the door. We don't want you driving two hours only to find…[...]
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ALL OF THESE FORECLOSURES ARE TAINTED BY THE PROBABILITY THAT EVERYONE HAS RECEIVED PAYMENT BUT THEY ARE TRYING TO GET THE PROPERTY TOO AS WINDFALL TO ONE OR MORE OF THESE FRAUDULENT PLAYERS. THE BORROWER IS LEFT HOLDING THE BAG WHILE EVERYONE ELSE GETS PAID OR BAILED OUT. One of the issues I am repeatedly pointed out here is that…[...]
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Mortgage lenders are abusing the bankruptcy court system by pursuing unjustified foreclosures
Sep 10, 2008
By Kevin McCoy, USA TODAY Mortgage lenders are abusing the bankruptcy court system by pursuing unjustified foreclosures against struggling homeowners, piling on questionable fees and misstating the amounts owed, witnesses alleged at a congressional hearing on Tuesday. The result is a systemic breakdown that increases foreclosures, raises the number of families losing their homes and threatens the integrity of the…[...]
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For you Californians or residents of other states who think your transaction is exempted from usury, take another look: (1) the real lender was not a bank and (2) the real transaction was securities transaction in which the borrower was duped into executing documents that consituted the start of the securitization process, so it wasn't your typical purchase money first…[...]
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Take away a person's home and you strike a blow to their hearts. Movements like this will likely increase until real relief occurs for borrowers. So far, we have seen relief for investors, investment bankers, banks etc. --- anyone with big money and a lot of clout. But individuals, banded together, have far more clout --- financially and politically ---…[...]
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