Editor’s Comment and Analysis: So here we are with trillions in unreported profits resulting from illegal trades. The setting is almost identical to AL  Capone who went to jail for income tax evasion and died there from syphilis. Based upon information in the public domain and those subject to disclosure through freedom of information laws, […]

Tags: anonymous claims to IRS, IRS, Whistle-Blower
Posted in bubble, Corruption, Eviction, securities fraud |

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Tags: 14.5 million, BAC.N, Bank of America, Chase, Citi, countrywide, Gregory Mackler, Gross Domestic Product, Hagens Berman law firm, HAMP, inflated appraisals, Kyle Lagow, mortgage fraud, mortgage litigation, New York, Rick Rothacker, Shayne Stevenson, Titans of Wall Street, trading profits, U.S. False Claims Act, Urban Lending Solutions, US Justice Department, Wells Fargo, Whistle-Blower, whistleblower
Posted in Uncategorized |

Rule of Thumb: If they can’t execute a release or satisfaction of the mortgage, then they can’t foreclose. And if they did, it is reversible. Whistle-Blower: Banks Give Homeowners the Runaround “In our managers meeting, which can last eight or nine hours, we probably addressed mortgage modifications five minutes or less,” the banker said. Editor’s […]

Tags: ABC World News, creditors, DAVID MUIR, Diane Sawyer, foreclose, foreclosure defense, heavy caseloads, homeowners, judicial states, Mortgage, mortgage modification, non-judicial, release, satisfaction, securitization, securitized mortgages, Wells Fargo, Whistle-Blower
Posted in bubble, Corruption, Eviction, securities fraud |