Category Archives: Foreclosure

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

The Real Fraudsters: Banks or Homeowners like Barbara Bratton?

I was informed last night that Barbara Bratton—who sued U.S. Bank in 2012 over the foreclosure of her home in Ontario, California–was recently convicted on 6 counts of real estate fraud and now faces up to 6 years in prison.  … Continue reading

Posted in Everything Is Rigged, Financial Terrorism, Foreclosure, Foreclosure fraud, Living Lies, US Bank | Tagged , , , , , , , , | 4 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

Wells Fargo Beatdown over endorsements that are not “genuine”

Here at LRM, I have written a lot about the importance of endorsements on promissory notes, specifically what has come to be known as a “ta-da” endorsement, which is roughly defined thusly: “…endorsements that magically turn up on promissory notes … Continue reading

Posted in Conspiracy, Endorsement, Everything Is Rigged, Foreclosure, Foreclosure fraud, Securitization Fail, Wells Fargo | Tagged , , , , , , , | 3 Comments

Wall Street Wanted Homeowners To Default And MIHOP

Great article from Neil Garfield today–How Servicers Engineer Defaults Using the Escrow Accounts, Forced Placed Insurance and False Projections— about how the Wall Street wolves got their defaults to trigger the big payoff from the CDS: manipulate escrow accounts.  Exactly … Continue reading

Posted in Financialization, Foreclosure, Foreclosure fraud, Redistribution | Tagged , , , , , , , , , | 1 Comment

MERS: Fake organization sues pranksters pretending to be MERS

Ah, MERS—the “mortgagee of record” on some 62 million + mortgages.  Their very business model is fakery, in that they claim to be the “beneficiary” or “mortgagee” of these millions of mortgages, when they know that they are in fact … Continue reading

Posted in California, Foreclosure, Foreclosure fraud, MERS, Paper terrorism, Securitization Fail | Tagged , , , , , , , | 1 Comment

Why didn’t Yvanova help Yvanova? Q & A with CA attorney David Seal

  The foreclosure defense arguments of some California homeowners were given a big boost by the recent California Supreme Court decision in Yvanova v. New Century Mortgage.  In fact, just last week, we published an interview with one such homeowner, … Continue reading

Posted in California, Foreclosure, Foreclosure fraud, Securitization Fail | Tagged , , , , , , , , , , , , | Leave a comment

First Yvanova, Now Hernandez—Courts Warming Up to Homeowner Arguments

California homeowner advocate Sherry Hernandez is feeling great these days about her efforts to fight her wrongful foreclosure by Penny Mac (i.e., PNMAC). “I’m trying to enjoy my time because I know that it’s not going to be easy going … Continue reading

Posted in Foreclosure, Foreclosure fraud, Securitization Fail | Tagged , , , , , , , , | 73 Comments

Why Not Simply Follow The Law? Yale Law Journal’s Novel Idea for Foreclosure Judgments

In a recent post (Judges: Not Dupes—TOTALLY In On It), we decided that when it comes to foreclosure cases, judges are not guileless, impartial innocents deceived by wily banks into throwing people into the street.  No, the judges are (to … Continue reading

Posted in Foreclosure, Foreclosure fraud, Judicial Misconduct, Kangaroo court, Too big to fail | Tagged , , , , , , , | Leave a comment

Judges: Not Dupes—TOTALLY In On It

In the past couple of years, we’ve written a number of articles—not quite a series, but more than a couple—asking the following question regarding whether or not judges are impartial, or favor Goliath over David, or whether they really can … Continue reading

Posted in Foreclosure, Foreclosure fraud, Judicial Misconduct, Kangaroo court | Tagged , , , , , , , | 4 Comments