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BREAKING NEWS: HAWAII PASSES SB 651 – NATION’S TOUGHEST FORECLOSURE BILL

It’s official!  Just a couple of hours ago, the Great State of Hawaii’s legislature has passed the nation’s toughest foreclosure prevention bill, SB 651.  The bill proved to have overwhelming support,...

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Wal-Mart, Bill Clinton & Now Act 885… Things I know about Arkansas?

I didn’t realize it until now, but when I think about the State of Arkansas, only two things come immediately come to mind: Wal-Mart and William Jefferson Clinton.  That’s it.  Name a city in...

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HUD Investigation Shows Banks Covered Up Widespread Illegal Acts – Government...

It seems that the Department of Housing and Urban Development’s Inspector General has been conducting five confidential investigations into Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, and...

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AMERICA- YOU CAN’T HANDLE THE TRUTH

I want you all to take a moment to watch the video that is linked here below.  I’ve watched this scene quite literally hundreds of times and even today, after all those times, it still gives me...

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FLORIDA ATTORNEY GENERAL ANNOUNCES BILLION DOLLAR MORTGAGE SETTLMENT!

How about that?  According to the attached press release, Florida’s Attorney General announced that Floridians could get more than $1 Billion in relief and that the total relief nationwide could be as...

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Elizabeth Warren Battles With GOP Over CFPB

I have to say something about what’s going on in Congress these days, because it’s repulsive on an entirely new scale, and that’s saying something for our politicians. As you’ve probably already...

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White Paper | MERS, the Unreported Effects of Lost Chain of Title on Real...

Commentary — MERS, the Unreported Effects of Lost Chain of Title on Real Property Owners and Their Neighbors Location: New York Author: David E. Woolley Date: Wednesday, August 3, 2011 Many problems...

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CREDO Sends Letter Backing Up Schneiderman in Foreclosure Fraud Fight

Firedoglake just posted the letter… CREDO rightly points out that the robo-signing scandal which was the main impetus for the 50 state AG investigation was really just a symptom of fraud, as well as...

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More Propaganda | State AG Eric Schneiderman shouldn’t have used negotiations...

Looks like the Banksters have taken to the editorial / opinion boards of multiple newspapers today… If they consider this email that was sent out to supporters as fund-raising, I wonder what they...

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GUEST POST: Prove Fannie & Freddie Innocent Before Suing the Banks – And Here...

GUEST POST… By Jim Boswell, Executive Director and CEO of Quanta Analytics Last Friday the U.S. regulator, the Federal Housing Finance Agency (FHFA), which has the oversight responsibility of Fannie...

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Defeat the Florida un(Fair) Foreclosure Act

The banking lobby just simply has no shame. Are you kidding me? They name a bill the “Florida Fair Foreclosure Act” and the bill is about taking the foreclosure process from judicial to non-judicial....

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Former FDIC Chair William M. Isaac “Very few banks had anything to do with...

“We have wasted the past couple years pursuing a mindless vendetta against the banking industry, even though very few banks had anything to do with creating the crisis and most are victims of it. It’s...

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White Paper | DECONSTRUCTING THE BLACK MAGIC OF SECURITIZED TRUSTS

DECONSTRUCTING THE BLACK MAGIC OF SECURITIZED TRUSTS: HOW THE MORTGAGE-BACKED SECURITIZATION PROCESS IS HURTING THE BANKING INDUSTRY’S ABILITY TO FORECLOSE AND PROVING THE BEST OFFENSE FOR A...

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Mortgage Electronic Registraton System (MERS) Subpoenaed by NY Attorney...

MERS subpoenaed by New York, sued by Delaware Some excerpts from the report… MERS, the electronic mortgage registry used by the banking industry, was sued by Delaware on Thursday and accused of...

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Abigail Field | Policy Makers: Bank and Wall Street Greed, Not “Irresponsible...

  Policy Makers: Bank and Wall Street Greed, Not “Irresponsible Homeowners”, Caused Our Crisis Somehow the banking industry has convinced much of the public and most of our political leaders that our...

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The 11 Most Evil Things the Banking Industry Did in 2011

11 Most Evil Things the Banking Industry Did in 2011 It seems like every time we flipped on the news in 2011, the banking industry was finding a new way to blur the line between good business and...

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Harris County to Sue Mortgage Electronic Registration Systems (MERS) for Over...

Harris County to sue over mortgage fees Harris County Commissioners Court voted Tuesday to sue a mortgage-recording firm the county attorney’s office believes owes the county $11 million or more in...

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IT’S UNANIMOUS! AZ’s SB 1451 Passes Senate Banking Committee

    Arizona’s hundreds of thousands of hopelessly underwater homeowners are having the best day they’ve had since the “days of equity” back in 2006.  Even with opposition from professional...

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Atty. Bruce Levitt of Kemp v. Countrywide – A Mandelman Matters Podcast

The more you learn about the Kemp v. Countrywide case, the more you realize how unlikely it is that anything like it will ever happen.  This was the case on which the banking industry went to school....

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MUST SEE TV: WA State Supreme Court Hears Arguments in Case Against MERS

  “May a party be a lawful ‘beneficiary’ under Washington’s Deed of Trust Act if it never held the promissory note secured by the Deed of Trust?”   That’s the key question the Washington State’s...

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