Tag Archives: foreclosure

Are banks like Wells Fargo the new slumlords? Pam Ragland’s post-foreclosure story.

Though it gets less publicity these days than it did in years past, the foreclosure crisis in the U.S. lingers. Sometimes it isn’t even the homeowners who suffer most from foreclosure. Approximately 40% of the time, according to some estimates, … Continue reading

Posted in California, Eviction, Foreclosure, Foreclosure fraud, Securitization Fail, US Bank, Wells Fargo | Tagged , , , , , , , , , , , , , , | 1 Comment

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 , , , , , , , , | 20 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 , , , , , , , , , , , , , , , , , , , , , | 19 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

“Secret Shame” of Middle Class vs. Shamelessness of Banks

, While there is certainly much to appreciate in “The Secret Shame of the Middle-Class,” Neal Gabler’s recent article in The Atlantic, I still felt that it ultimately acts as an indictment of, rather than a gesture of solidarity with, … Continue reading

Posted in Crap-italism, Everything Is Rigged, Federal Reserve, Financial Terrorism, Foreclosure fraud, QE unlimited, Securitization Fail, Too big to fail | Tagged , , , , , , , , , , | 2 Comments

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

The connection between money-laundering and mortgages

I first came across the story of chemist Dean Moore and HSBC via this very tantalizing headline from Michael Krieger: “How the U.S. Government and HSBC Have Teamed Up to Hide the Truth From a Pennsylvania Couple”.  After reading through … Continue reading

Posted in Everything Is Rigged, Foreclosure, Foreclosure fraud | Tagged , , , , , , , , , , , , , , , | Leave a comment

“Standing” up for homeowners, against banks: Yvanova decision

This one–the Yvanova decision by the California Supreme Court–was a no-brainer, of course. Had the Court ruled that homeowners cannot challenge a bogus assignment, there would be no point in a bank or other purported holder of  California mortgages following … Continue reading

Posted in Foreclosure, Foreclosure fraud, Paper terrorism, Secondary debt market, Securitization Fail | Tagged , , , , , , , , , | 3 Comments

American “Capitalism”= “Pay or Die”: The system we actually have is not the system we think we have.

In a very revealing appearance on Gary Dubin’s vital radio program—“The Foreclosure Hour”—Washington attorney Scott Stafne accurately gets to the core of what is behind not only the crisis faced by homeowners trying to save their homes from foreclosure via … Continue reading

Posted in Crap-italism, Everything Is Rigged, Foreclosure, Foreclosure fraud, homeless, Paper terrorism, Rent-seeking, Too big to fail, Tyranny, Washington | Tagged , , , , , , , , | Leave a comment

99 Homes Review: Letting the banks off the hook? (SPOILERS)

If you have not yet seen the powerful new film 99 Homes and want to be surprised how it all turns out at the end, you might want to stop reading this now, because I am about to spoil the … Continue reading

Posted in Bank of America, Crap-italism, Debt, Eviction, Foreclosure, Foreclosure fraud, Hollywood, homeless, Paper terrorism, Too big to fail | Tagged , , , , , , , , , , , , | 2 Comments