Category Archives: Fannie Mae

Fannie and Freddie Open Records Act Passes House!

So I was watching the above video with Steve Mnuchin and Maria Bartiromo because of its title: “Mnuchin on Fannie And Freddie Funds Used to Pay for ObamaCare: It’s True”.  Bartiromo mentions in passing that a bill was being considered … Continue reading

Posted in Everything Is Rigged, Fannie Mae, Federal Reserve, Foreclosure, Foreclosure fraud, Secondary debt market, Securitization Fail | Tagged , , , , , , , , , | 2 Comments

First Look: New Linda Tirelli Suit Against Bank of America

Attorney Linda Tirelli, a rockstar in the arena of foreclosure defense, has just filed an adversarial bankruptcy suit in the Southern District of New York naming the following as defendants: Bank of America, Nationstar, U.S. Bank, and Recontrust. As many … Continue reading

Posted in Bank of America, Everything Is Rigged, Fannie Mae, Financial Terrorism, Foreclosure, Foreclosure fraud, Paper terrorism, US Bank, Wealth transfer | Tagged , , , , , , , , , , , , , , , , , , , , , | 10 Comments

“Welcome to Freddie and Fannie’s Mortgage Shell Game”: Still As True As The Day It Was First Published

Due to some recent concerns from well-respected foreclosure fighters concerning this fantastic article from the great Shawn Newman possibly being disappeared from the Internet, we present “Welcome to Freddie and Fannie’s Mortgage Shell Game,” still as true today as it … Continue reading

Posted in Conspiracy, Crap-italism, Everything Is Rigged, Fannie Mae, Foreclosure, Foreclosure fraud, Paper terrorism | Tagged , , , , , , , , , , , , , | 4 Comments

WTF? BANK OF AMERICA AND FANNIE MAE SUPPOSEDLY HAVE THE SAME ADDRESS AND PHONE NUMBER

If we were to discover that a Mob boss shared the same address and phone number with a legitimate business–like a liquor store or some such—what would we say about that liquor store?  We’d say that the liquor store was … Continue reading

Posted in Bank of America, California, Conspiracy, Crap-italism, Everything Is Rigged, Fannie Mae, Foreclosure, Foreclosure fraud, Secondary debt market, Securitization Fail | Tagged , , , , , , , , , , , , , , , , , | 7 Comments

FANNIE “MBS”= MORE BULLS@!#: MORGENSON MISTAKEN?

In an article from last week about Fannie Mae pursuing deficiency judgments in Florida, Gretchen Morgenson essentially defends Fannie Mae, saying this (“Borrowers, Beware: The Robo-Signers Aren’t Finished Yet,” New York Times, Nov. 15 2014): “Fannie Mae is certainly justified … Continue reading

Posted in Crap-italism, Endorsement, Everything Is Rigged, Fannie Mae, Foreclosure, Foreclosure fraud, MERS, Paper terrorism, Secondary debt market, Securitization Fail, Uncategorized | Tagged , , , , , , , | 1 Comment

WAKE UP AMERICA—YOU HAVE BEEN SCAMMED! (GUEST POST)

A first for LRM—a guest post, and it’s from the great Shelley Erickson!  For the most part, the formatting and highlighting herein is the same as it appeared when Shelley sent this to me at the end of last year.  … Continue reading

Posted in Bank of America, Conspiracy, Debt, Endorsement, Everything Is Rigged, Fannie Mae, Foreclosure, Foreclosure fraud, Judicial Misconduct, Living Lies, MERS, Secondary debt market, Securities, Securitization Fail, Too big to fail, Washington, Wells Fargo | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

COUNTRYWIDE FALLOUT: MOZILO AGAIN FACING FEDERAL CHARGES?

By now, we’ve all learned not to get our hopes up when the government sues the banks, but still, it’s nice to see it happen, especially when it happens twice, as is happening to Countrywide’s founder and California raisin poster … Continue reading

Posted in Bank of America, Crap-italism, Fannie Mae, Financial Terrorism, Securitization Fail | Tagged , , , | Leave a comment

IT’S ALL ABOUT THE ENDORSEMENTS, Y’ALL

As we have written about many times here at LRM, endorsements on promissory notes are a big deal, to put it lightly (see list of articles at the end of this post).  The judges know this.  The banks know this.  … Continue reading

Posted in Endorsement, Everything Is Rigged, Fannie Mae, Foreclosure fraud, Kangaroo court, Securitization Fail, US Bank | Tagged , , , , , , , , | 1 Comment

PT. 2: NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION

Revisiting a great Neil Garfield article today on the subject of “ta-da” endorsements and the Wells Fargo manual (posted an excerpt of this article in my last post, which got me to reading over it again).  He had this to … Continue reading

Posted in Bank of America, Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Fannie Mae, Financial Terrorism, Foreclosure fraud, Kangaroo court, Living Lies, MERS, Paper terrorism, QE unlimited, Securitization Fail, Wells Fargo | Tagged , , , , , , , , , , , , , , , | 3 Comments

NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION

Incredible story making the rounds the last few days about a rather high percentage of unendorsed notes being offered by the Bank of New York in foreclosure/bankruptcy cases.  As high as 79%.  That’s more than three quarters of the notes … Continue reading

Posted in Bank of America, Debt, Everything Is Rigged, Fannie Mae, fiat currency, Foreclosure, Foreclosure fraud, Living Lies, MERS, QE unlimited, Redistribution, Securitization Fail, Wells Fargo | Tagged , , , , , , , , , , , , , , , , | 4 Comments