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WEEKEND EDITION, SEPTEMBER 16 SEPTEMBER 20, 2013

Support Our Efforts By Being The First On Your Block To Own A ForeclosureGate Gazette Ball Cap, T-Shirt Or Mouse Pad >>>>>

MONDAY, SEPTEMBER 16, 2013


ACADEMIA ADVERSARIES ADVOCATES BLOGOSPHERE LEGAL LEGISLATE OP-ED HOMEOWNERS NEWS The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related News And Information Intended To Educate And Advance Justice For American Homeowners

Foreclosure nightmare: Family's home sold, but it wasn't for sale What would you do if you suddenly found out your mortgage company had sold your house right out from under you even though you always paid on time? An Altadena family suddenly facing eviction turned to Eyewitness News when that happened to them. The Altadena house has been home for Ceith and Louise Sinclair, who bought it in 2003. They've been living in it with four of their kids.

Late Breaking Foreclosure Information At Foreclosure Crime Scene News >>>>


The jerks got away with it! 5 years after economic collapse, theyre still smiling Five years ago, Sunday night was a time of action for the financial world. Top officials desperate to band-aid an oncoming meltdown would use the weekend to find a suitor. Why a Small California City Could Be Wall Street's Worst Nightmare The securities industry has threatened to make life miserable for Richmond and its residents if they move ahead with the plan.

Governor Christie Slams Third Veto On Foreclosure Assistance Bill A piece of legislation in New Jersey that would have essentially created a state-run program to buy foreclosed homes and properties and turn them into affordable housing has been vetoed by Republican Gov. Chris Christie.

Former CT Bishop Sentenced To Prison For Ponzi Scheme And Laundering Proceeds Through A Tarp Bank Blackwelder misrepresented to investors that he would in vest their money in safe, long - term commodities futures contracts, and that he was an experienced and successful commodities.

Will the housing recovery leave you behind? While some Americans are welcoming the reboot of the housing market, millions may have to kiss the American Dream goodbye. The growing momentum in the housing market has brought with it rising home prices and home equity

Foreclosure Processor Prommis in Bankruptcy

EC

Closing

Joins

EC Closing, which also uses the name CalWestern Foreclosure Services and Cal-Western Reconveyance Corp., listed assets of as much as $50 million, and debts of as much as.

CHASE committed a fraud upon the Court by claiming to be the plaintiff After Numerous Misrepresentations To The Court By Various Counsel For Chase, It Is Clear That The Actual Butler Mortgage And Note, Given In 2007 By The Defunct Washington Mutual Bank, Fa [Wamu], Was Acquired In 2007 By The Federal National Mortgage Association [Fannie Mae] From Wamu.

Homeowner/Foreclosure Legal Q&A:


HOA foreclosure's effect on 2nd mortgage >>>> The bank denied a short sale on my property and property will be sold at auction if the total sum with interest >>>> How do I file a Wrongful Foreclosure law suit? >>>> What I need to do to prevent a deficiency judgment on a property that was taken by HOA and is still on foreclosure by BOA >>>>

Independent Foreclosure Review (IFR) Crime Scene Developments:


The rise of Promontory >>>> 400,000 Foreclosure Settlement Checks Sent To Wrong Address >>>> More Conflicts For The Independent Foreclosure Reviews>>>> The billion-dollar black eye for the independent foreclosure review >>>>

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WEEKEND EDITION, SEPTEMBER 16 SEPTEMBER 20, 2013

Support Our Efforts By Being The First On Your Block To Own A ForeclosureGate Gazette Ball Cap, T-Shirt Or Mouse Pad >>>>>

TUESDAY, SEPTEMBER 17, 2013


ACADEMIA ADVERSARIES ADVOCATES BLOGOSPHERE LEGAL LEGISLATE OP-ED HOMEOWNERS NEWS The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related News And Information Intended To Educate And Advance Justice For American Homeowners

OneWest Bank pays 7 figures in mortgage fraud case A San Luis Obispo County couple has received a million-dollar-plus settlement and title to two houses in a case that is likely to result in more lawsuits by people who lost property to mortgage lenders after the bursting of the housing bubble. Greg and Irene Rigali of Shell Beach sued OneWest Bank, IndyMac Mortgage Services, U.S. Bank and GSR Loan Mortgage Trust after their home and a rental property in Grover Beach were foreclosed.

Late Breaking Foreclosure Information At Foreclosure Crime Scene News >>>>


People & Attorneys vs Wall Street Fraud Catarina Benitez, Esq. (CA) - one of Mr. Glaski's attorneys (Glaski vs BofA) will discuss the recent decision: In Glaski v. Bank of America, N.A., an individual wrongful foreclosure action Foreclosure Report: August was choppy; REOs rise 22% from July If the August foreclosure results from RealtyTrac are an indication, its possible the hiatus California had since the Homeowners Bill of Rights was.

Using eminent foreclosures

domain

to

prevent

Closing Attorney Sentenced for Using Trust Account to Fund Down Payments He submitted false statements with loan documents in order to obtain approval for mortgage loans that would, otherwise, not have been approved. In many instances, Davis, while serving as closing attorney, would.

Theres a unique strategy underfoot in the fight to keep underwater homeowners in their homes: cities using the power of eminent domain to prevent these homes from going into foreclosure. Eminent domain is the power that state local.

What Home Buyers Dont Know Could Cost Them With the housing recovery now well underway housing starts are up; builder confidence is at a 7-year high; there are fewer foreclosures; and home prices continue to rise

Bank of America Said to Send Property Reviews to India Bank of America Corp. opened a unit in India to review home-valuation reports as it seeks to rebuild share in U.S. mortgages at a lower cost, said four people with knowledge of the move.

FTC Files Suit Against Seven Firms in Foreclosure Rescue Scheme The Federal Trade Commission (FTC) filed suit in federal court to halt a mortgage relief scheme that allegedly deceived and preyed on distressed homeowners by charging them $2,000 to $4,000 based on bogus foreclosure rescue claims. The defendants allegedly falsely claimed they would provide legal help to save consumers homes from foreclosure and lower their mortgage payments, then charged them up-front fees in violation of.

Homeowner/Foreclosure Legal Q&A:


HOA foreclosure's effect on 2nd mortgage >>>> The bank denied a short sale on my property and property will be sold at auction if the total sum with interest >>>> How do I file a Wrongful Foreclosure law suit? >>>> What I need to do to prevent a deficiency judgment on a property that was taken by HOA and is still on foreclosure by BOA >>>>

Independent Foreclosure Review (IFR) Crime Scene Developments:


The rise of Promontory >>>> 400,000 Foreclosure Settlement Checks Sent To Wrong Address >>>> More Conflicts For The Independent Foreclosure Reviews>>>> The billion-dollar black eye for the independent foreclosure review >>>>

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WEEKEND EDITION, SEPTEMBER 16 SEPTEMBER 20, 2013

Support Our Efforts By Being The First On Your Block To Own A ForeclosureGate Gazette Ball Cap, T-Shirt Or Mouse Pad >>>>>

WEDNESDAY, SEPTEMBER 18, 2013


ACADEMIA ADVERSARIES ADVOCATES BLOGOSPHERE LEGAL LEGISLATE OP-ED HOMEOWNERS NEWS The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related News And Information Intended To Educate And Advance Justice For American Homeowners

Court Declines Injunction to Block Loan-Seizure Plan The city of Richmond, Calif., moved a step closer to implementing a novel plan to restructure mortgages using its powers of eminent domain when a judge Thursday declined for now to grant an injunction sought by several of the nations largest mortgage investors. U.S. District Judge Charles Breyer ruled on Thursday that bondholders request to grant an injunction wasnt yet ripe, meaning the city wasnt far enough along in its mortgage-seizure initiative for the court to intervene.

Late Breaking Foreclosure Information At Foreclosure Crime Scene News >>>>


Occupy Activists' New Fight for Regulation, Affordable Housing and Social Justice And while most of the Occupy camps have been destroyed by police, many of the former occupiers still maintain the same spirit that birthed the movement, but now theyre channeling their energy elsewhere, often in. Shake a Stick in Post-Financial Collapse America, and One Hits Poverty As a small percentage of the nation lives at the pinnacle of wealth, an increasing number of Americans are sinking into third world economic and living conditions - and being blamed for their plight.

U.S. Vows to Battle Abusive Debt Collectors Federal regulators are cracking down on questionable debt collection practices by some of the nations biggest lenders. The push comes after revelations that some of the same practices that have haunted the foreclosures of homes

Report says foreclosures declining, but some disagree Foreclosure rates in Fairfield County are declining, but that comes as no comfort to the homeowners who have engaged in short sales as a way to avoid the shame of having the bank take.

Bank of America: From liar loans to liar bonuses If a company paid bonuses to its employees precisely because those staff members took specific actions to harm its customers, would you:

Los Angeles Woman Pleads Foreclosure Rescue Scheme

Guilty

in

The defendants allegedly told homeowners that they would save their residences from foreclosure by arranging for investors to purchase their existing mortgage at a discounted price, thereby...

Group says foreclosure crisis still alive in West Seattle The news today tells us Seattles economic and housing revival is in full swing. As a result, the stories of those still mired in the foreclosure and underwater mortgage crisis that began in 2008 often times get drowned out, and a small group of victims and advocates gathered at the Delridge Library on July 1 to make sure that lingering reality.

Homeowner/Foreclosure Legal Q&A:


HOA foreclosure's effect on 2nd mortgage >>>> The bank denied a short sale on my property and property will be sold at auction if the total sum with interest >>>> How do I file a Wrongful Foreclosure law suit? >>>> What I need to do to prevent a deficiency judgment on a property that was taken by HOA and is still on foreclosure by BOA >>>>

Independent Foreclosure Review (IFR) Crime Scene Developments:


The rise of Promontory >>>> 400,000 Foreclosure Settlement Checks Sent To Wrong Address >>>> More Conflicts For The Independent Foreclosure Reviews>>>> The billion-dollar black eye for the independent foreclosure review >>>>

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WEEKEND EDITION, SEPTEMBER 16 SEPTEMBER 20, 2013

Support Our Efforts By Being The First On Your Block To Own A ForeclosureGate Gazette Ball Cap, T-Shirt Or Mouse Pad >>>>>

THURSDAY, SEPTEMBER 19, 2013


ACADEMIA ADVERSARIES ADVOCATES BLOGOSPHERE LEGAL LEGISLATE OP-ED HOMEOWNERS NEWS The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related News And Information Intended To Educate And Advance Justice For American Homeowners

Warren Criticizes U.S. Treasury Over Too-Big-to-Fail Research U.S. Senator Elizabeth Warren criticized the Treasury Department for not conducting a formal study to determine if some banks receive a funding subsidy for being perceived to be too big to fail. The best way to make an objective determination of whether too-big-to-fail continues to exist over time is by measuring the subsidy, and Treasury should develop its own metrics for doing so through the Office of Financial Research, Warren, a.

Late Breaking Foreclosure Information At Foreclosure Crime Scene News >>>>


Another Myth of Consumer Law? As the CFPB gears up to regulate arbitration clauses, a timely article by Omri Ben-Shahar has been posted on ssrn. Part of Ben-Shahars Myths of Consumer Law project. Mortgage apps plunge, refinancing hits 4 year low as rates soar Applications for U.S. home loans plunged as mortgage rates matched their high of the year, with refinancing activity falling to its lowest in more than four years.

BofA Says Ex-Workers Made Impossible Loan-Program Claims Bank of America Corp. said former workers who alleged the firm awarded bonuses for sending homeowners into foreclosure misrepresented their roles and made impossible claims about the lenders assistance program.

House GOP outlines plans for mortgage finance House Republicans released the details of legislation that would shutter mortgage finance giants Fannie Mae and Freddie Mac and nearly eliminate the governments role in backing the nations mortgage market.

Senators Introduce Bill to Separate Trading Activities From Big Banks Senator Elizabeth Warren on Thursday introduced an aggressive piece of legislation that intends to take the financial industry back to an era when there was a strict divide between.

Bank Of America Customers Seek Loan Modifications Amid Whistleblower Scandal In light of recent whistleblower allegations from former employees detailing Bank of Americas purported loan modification and foreclosure abuses, protesters descended upon a.

Elder Care Homes Ensnared By Foreclosure Crisis In California Millers fall and subsequent move led him to two different elder care facilities -- both of which, he discovered later, were in foreclosure. He now lives in a third facility called Morning Glory Care Home, a four-bedroom elder care house on a cul-de-sac in Vallejo, a city of roughly 117,000 that's 35 minutes northeast of San Francisco. But only a few months after moving in, he noticed some unusual visitors passing through the home.

Homeowner/Foreclosure Legal Q&A:


HOA foreclosure's effect on 2nd mortgage >>>> The bank denied a short sale on my property and property will be sold at auction if the total sum with interest >>>> How do I file a Wrongful Foreclosure law suit? >>>> What I need to do to prevent a deficiency judgment on a property that was taken by HOA and is still on foreclosure by BOA >>>>

Independent Foreclosure Review (IFR) Crime Scene Developments:


The rise of Promontory >>>> 400,000 Foreclosure Settlement Checks Sent To Wrong Address >>>> More Conflicts For The Independent Foreclosure Reviews>>>> The billion-dollar black eye for the independent foreclosure review >>>>

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WEEKEND EDITION, SEPTEMBER 16 SEPTEMBER 20, 2013

Support Our Efforts By Being The First On Your Block To Own A ForeclosureGate Gazette Ball Cap, T-Shirt Or Mouse Pad >>>>

FRIDAY, SEPTEMBER 20, 2013


ACADEMIA ADVERSARIES ADVOCATES BLOGOSPHERE LEGAL LEGISLATE OP-ED HOMEOWNERS NEWS The ForeclosureGate Gazette Is A Public Service Aggregate Of Foreclosure-Related News And Information Intended To Educate And Advance Justice For American Homeowners

The Fed's millionaires Ben Bernanke, the current chairman, might wield more power than his colleagues, but he's at the low end of the wealth list with assets between $1.1 million and $2.3 million. The report shows that Bernanke is carrying a mortgage of between $500,000 and $1,000,000 on his home. In addition to his government salary, the Fed chief also.

Late Breaking Foreclosure Information At Foreclosure Crime Scene News >>>>


The Courts have become nothing more than a one stop shop for Bank crimes to be legitimized This one caught my attention and I cant say why but it raised my level of frustration with a system that, as Danielle Kelley (my law partner) says will act on illegal behavior perpetrated against. El Monte considers eminent domain plan for underwater mortgages El Monte is considering a novel and controversial plan to take over underwater mortgages using its eminent domain power -- an idea highly unpopular among representatives of the financial industry but backed by anti-Wall Street groups.

Bankers Are Balking at a Proposed Rule on Capital OUR nations largest banks have grown accustomed to regulators who are respectful, deferential and mindful of these institutions needs and desires.

Living near a vacant foreclosure Once upon a time, the houses near yours were nice homes. But now, no one seems to live in some of them, and the properties have fallen into disrepair. This could be due to foreclosure.

Fifth Circuit gives servicers green light to foreclose without note The U.S. Fifth Circuit Court of Appeals gave servicers foreclosing in Texas the green light to proceed with a foreclosure even when the servicer lacks possession of the note.

One part of housing thats still in the doldrums prefabs Whatever happened to prefab (or prebuilt) homes? Thats the topic of a research paper from Patrick Simmons, director of strategic planning at Fannie Mae.

Fannie Maes role in debt reduction is merely creative accounting Fannie, which has been in federal conservatorship since 2008, created a paper profit of $50.6 billion during the second quarter of this year. Then it borrowed $50.6 billion in the financial markets and sent that borrowed money to the Treasury on June 28. This ended up reducing the federal budget deficit, as calculated by most people in Washington, despite the fact that the government is on the hook for every penny of the $50.6 billion.

Homeowner/Foreclosure Legal Q&A:


HOA foreclosure's effect on 2nd mortgage >>>> The bank denied a short sale on my property and property will be sold at auction if the total sum with interest >>>> How do I file a Wrongful Foreclosure law suit? >>>> What I need to do to prevent a deficiency judgment on a property that was taken by HOA and is still on foreclosure by BOA >>>>

Independent Foreclosure Review (IFR) Crime Scene Developments:


The rise of Promontory >>>> 400,000 Foreclosure Settlement Checks Sent To Wrong Address >>>> More Conflicts For The Independent Foreclosure Reviews>>>> The billion-dollar black eye for the independent foreclosure review >>>>

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