Category Archives: Fannie Mae

Fannie and Freddie Open Records Act Passes House!

Posted on May 2, 2017 by eggsistense

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 bailout, conservatorship, Fannie and Freddie Open Records Act of 2017, Fannie Mae, FHFA, FOIA, Freddie Mac, Freedom of Information Act, Maria Bartiromo, Steve Mnuchin | 2 Comments

First Look: New Linda Tirelli Suit Against Bank of America

Posted on December 2, 2016 by eggsistense

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 Bank of America, bankruptcy, Countrywide, David Spector, deposition, endorsement, endorsments, foreclosure, foreclosure fraud, fraud, Helen Racanelli, Laurie Meder, Linda DeMartini, Linda Tirelli, Nationstar, non-negotiable, Recontrust, securitization, securitization fail, Sourcecorp, U.S. Bank, UCC 9 | 19 Comments

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

Posted on April 30, 2015 by eggsistense

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 assignment, bifurcation, Carpenter v. Longan, deed of trust, Fannie Mae, foreclosure, foreclosure fraud, Freddie Mac, mortgage, negotiable instrument, note, nullity, Shawn Newman, shell game | 4 Comments

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

Posted on March 26, 2015 by eggsistense

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 1099, 400 National Way, Bank of America, Eric Mains, Fannie Mae, FDIC, Kemp v. Countrywide, Linda DeMartini, Living Lies, Matt Weidner, Max Gardner, MBS, Michele Sjolander, negotiation, non-negotiable, Pasadena, securitization fail, Simi Valley | 9 Comments

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

Posted on November 17, 2014 by eggsistense

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 bailout, conservatorship, Fannie Mae, FHFA, Gretchen Morgenson, James Lockhart, MBS, New York Times | 1 Comment

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

Posted on November 12, 2014 by eggsistense

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 4closurefraud.org, allonge, assignment, Bank of America, Chase, Claire Swagey, Countrywide, deadbeat, Deadly Clear, default, deposition, deregulation, Deutsche Bank, Fannie Mae, Foreclosure Defense Nationwide, Foreclosure Hamlet, Freddie Mac, GAAP, Glass-Steagall Act, HAMP, involuntary servitude, Jeff Barnes, Jeff Stenman, JPM, Kemp v. Countrywide, Lawrence Nardi, Living Lies, Lorraine Brown, LPS, Lynn Szymoniak, Matt Weidner, MERS, modification, Northwest Trustee Services, Ocwen, Ponzi, Promontory, Recontrust, Richard Roman, scam, securitization, Shelley Erickson, stopforeclosurefraud.com, WAMU, Washington, Wells Fargo | 2 Comments

COUNTRYWIDE FALLOUT: MOZILO AGAIN FACING FEDERAL CHARGES?

Posted on August 20, 2014 by eggsistense

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 Angelo Mozilo, Countrywide, FIRREA, lawsuit | Leave a comment

IT’S ALL ABOUT THE ENDORSEMENTS, Y’ALL

Posted on July 15, 2014 by eggsistense

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 foreclosure, Naked Capitalism, negotiation, ta-da endorsement, UCC, UCC 3, us bank, Violent Femmes, Yves Smith | 1 Comment

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

Posted on June 20, 2014 by eggsistense

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 allonge, bailout, Bank of America, Barkley Sutton, Everything Is Rigged, Fannie Mae, Living Lies, MBS, Mindy Scheller, motion in limine, Neil Garfield, promissory note, QE, ta-da endorsement, Wells Fargo, ZIRP | 3 Comments

NO ENDORSEMENT, NO NEGOTIATION–NO NEGOTIATION, NO SECURITIZATION

Posted on June 20, 2014 by eggsistense

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 Abigail Field, bailout, Bank of America, Bank of New York, Countrywide, endorsement, Kemp v. Countrywide, Laurie Meder, Linda DeMartini, Linda Tirelli, Michele Sjolander, motion in limine, QE, robo-stamped, ta-da endorsement, THe Housing Justice Foundation, Wells Fargo | 5 Comments