Posted on March 23, 2011 by Foreclosureblues Fannie and Freddie Hiding Over $100 Billion of Losses? Today, March 23, 2011, 3 hours ago | Yves Smith Bank expert Chris Whalen has a little bombshell in his current newsletter. It’s so obvious that it should not only have occurred to me but pretty much everyone on […]

Tags: bailout, credit crisis, disclosure, Fannie, foreclosure, foreclosure defense, fraud, Freddie Mac, Lender Liability, Mortgage, mortgage meltdown, rescission, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

Hey Dave, that thing in your throat is called an order of disgorgement. Posted on02 November 2010. Tags: affidavits, assignment of mortgage, baron, djsp enterprises, fannie mae, files, foreclosure fraud, fraudulent documents, Freddie Mac, law offices of david J. stern plantation florida 33324, Tammie Lou Kapusta Fannie, Freddie Take Loan Files From Florida Law Firm […]

Tags: Fannie, Freddie, Stern
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s Note: All this because they won’t face reality and insist on maintaining the illusion that the “loan” transactions were anything but empty promises based on misrepresentations. There is another way out of this without letting the Wall Street socialists continue to dine at the taxpayer trough. To do that we have to put aside […]

Tags: bailout, Fannie, Freddie
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s Note: While the courts hear arguments and decide this way and that about standing and real party in interest, the elephant in the living room is that we have highly publicized reports of LOSSES associated with more than $5 trillion in loans bought or guaranteed by Fannie and Freddie. That amounts to around 25 […]

Tags: bailout, Debt Collection, Fair Game, Fannie, Freddie Mac, Gretchen Morgenson’s, losses on loans, REAL PARTY IN INTEREST, standing, unsecured debt
Posted in bubble, Corruption, Eviction, expert witness, foreclosure mill, Modification, securities fraud, Servicer |