Prosecutors Getting Tough? Small Banks ONLY!!

CHECK OUT OUR EXTENDED DECEMBER SPECIAL!

What’s the Next Step? Consult with Neil Garfield

For assistance with presenting a case for wrongful foreclosure, please call 520-405-1688, customer service, who will put you in touch with an attorney in the states of Florida, Tennessee, Georgia, California, Ohio, and Nevada. (NOTE: Chapter 11 may be easier than you think).

Editor’s Comment and Analysis: Abacus Bank has only $272 million in deposits. In rank, it is near the very bottom of the ladder. And apparently justifiably, federal prosecutors have seen fit to prosecute the bank for fraud. The quandary here is why the prosecutors are putting their muscle behind just the low-hanging fruit and why they are settling with the mega banks for the same acts — without threat of prosecution. If we could offer $17 trillion in various forms of “relief” for the banks, they certainly could pony up $1 billion and investigate the truth behind the securitization claims. The only conclusion I can reach is that the administration, so far, doesn’t want proof of the truth.

One of the things that Yves gets right here is that when Fannie and Freddie get involved, it isn’t the end of the line and it certainly does not mean that the loan was not “securitized” using the same fake documents at origination and the same fake mortgage bonds, albeit guaranteed by Fannie and Freddie who serve as “Master Trustee” of the investment pools that presumably “bought the loans with actual money. Like their cousins in the non government guaranteed loans, the money largely comes from fat accounts where the investors’ money was commingled beyond recognition and the investment bank who created and sold the bogus mortgage bonds was the “buyer” on paper so that they could bet against the same loans and bonds they were selling to investors.

Yves still refers to the scheme as reckless as though a judgment was made without knowing the consequences of the banks’ actions. Nothing could be further from the truth. This wasn’t reckless.

It was intentional because that was where the big money came from. The scheme was to take as much as possible from money advanced by pension funds and keep it, while giving the illusion of a securitization scheme for funding mortgages and reducing risk.

The mega banks even bet on their success and the investors’ loss, the borrowers’ loss and the loss shouldered by taxpayers, increasing their leverage positions up  to 42 times (Bear Stearns). As we all know, the risk was magnified not reduced and the only experts that really knew were in the departments where collateralized debt obligations were packaged on paper, sold to investors and never transferred to any trust, REMIC of SPV.

With Abacus, the punch line is that their default rate was 1/10th that of the national average indicating that contrary to the practices of the mega banks, some underwriting was involved and some verification and oversight was employed.

What is avoided is that $13 trillion in loans were originated using the false securitization scheme in which the borrower was kept in the dark about who his lender was, and where upon inquiry the borrower was told that the identity of the lender was confidential and private, nearly all of which loans were classic cases of fraud in the execution, fraud in the inducement, breach of contract, slander of title, and recording false documents in the county records. The perpetrators of these schemes are settling for fractions of a penny on the dollar with full agreement that their conduct will not be reviewed.

So here is the question: If Abacus is guilty of fraud and caused minimal damage to the economy or the borrowers, isn’t the bar set higher for the mega banks. Why are they allowed to slip through without getting the same treatment as a bank whose deposits equal less than 1/10 of 1% of the size of the megabanks who caused mayhem here and around the world?

Quelle Surprise! Prosecutors Get Tough on Mortgage Fraud….At an Itty Bitty Bank
http://www.nakedcapitalism.com/2013/02/quelle-surprise-prosecutors-get-tough-on-mortgage-fraud-at-an-itty-bitty-bank.html

About these ads

102 Responses

  1. Ray Shelton, on December 19, 2013 at 12:20 am said:

    US Bank and SN Servicing has submitted Forged documents in our federal bankruptcy case too and we will never stop perusing them in court for damages. We are also asking our Federal judge to prosecute their current attorney out of Jacksonville Florida who continued to defend this case knowing that forged document are before a federal court. All the offending parties at SN Servicing and their attorneys are committing a serious crime against our country. We have filed a formal complaint with the FBI and the US attorney general and many great Judges all across this nation are finally stopping them from this kind of fraud on American families. US Bank and SN servicing and their attorneys are also violating a serious consent order that was to protect the people from these crimes but they could care less. Please feel free to have your clients join a class action suit so that we can end their behavior with a multi billion dollar punitive damage suit. Join us, call Ray Shelton in Florida at 352 274 8467

  2. The Lawless America Movement Presents Proposed Legislation to Save America

  3. It doesn’t matter how rich or educated you are, when you comply with tyrants, you will never win…..

  4. When you cooperate with tyrants, you never win.

  5. Posted: 3:39 p.m. Monday, Feb. 4, 2013

    Florida Bar pursues discipline against foreclosure-mill boss David J. Stern

    9 4 1 19

    

    By Kimberly Miller

    Palm Beach Post Staff Writer

    The Florida Bar is seeking disciplinary action against Florida foreclosure baron David J. Stern, whose massive law firm collapsed in 2011 amid allegations that it mishandled the cases of the nation’s largest mortgage holders by filing forged and fraudulent court documents.

    Grievance committees found probable cause to pursue punishment in 17 cases stemming from formal complaints made by homeowners, defense attorneys, judges and a bank representative.

    It’s the first attempt by the Bar to hold Stern accountable for actions that occurred at his so-called “foreclosure mill,” which grew quickly following the real estate crash to more than 1,500 employees and more than 140,00 cases statewide. Ten probable cause findings were approved Jan. 25 with seven more following on Friday.

    Stern’s company closed in March 2011 after losing most of its clients, including federal mortgage backers Fannie Mae and Freddie Mac, as concerns about robo-signing hit lenders and law firms nationwide.

    The allegations against Stern where probable cause was found include notary fraud, backdating documents, misleading the court, failing to appear before the Fifth District Court of Appeal, failure of his attorneys to appear at hearings, and the inability of a Michigan-based bank to get clear title to a property because a lawsuit notice was never withdrawn from official records.

    Attorney Jeff Tew, who is representing Stern, said he will defend against the charges. The Bar has closed 19 complaints against Stern with no findings.

    “Our position is David didn’t do anything wrong, ethically or otherwise,” Tew said. “He had a very complete system of supervision and didn’t participate in any of the individual situations.”

    Stern, as well as a handful of other large law firms that represent banks in foreclosures, escaped state scrutiny when the courts ruled the attorney general’s office could not subpoena law firms in its investigation of the companies.

    Foreclosure defense attorneys grew frustrated that two years after Stern’s firm closed _ a move that left about 100,000 cases statewide in limbo _ he is still a member in good standing with the Florida Bar.

    “I was greatly relieved to hear that the Florida Bar is doing its job,” said Fort Lauderdale attorney Kenneth Trent, who filed a complaint against Stern in August 2010, and was recently told that probable cause was found to move forward. “They still teach you in law school about ethics and these guys made a mockery of it.”

    A grievance committee finding is similar to a grand jury finding, said Ken Marvin, director of lawyer regulation for the Florida Bar.

    The next step is for the Bar to file a formal complaint with the Florida Supreme Court, which typically assigns the case to a circuit court chief judge, who then assigns it to a circuit judge who will act as a referee in the case. Marvin said the Supreme Court likes to see a case resolved within six months, but that with 17 findings against Stern, his case could take longer.

    Because cases are referred to judges in the adjoining district, it is likely Palm Beach County Chief Judge Peter Blanc will get the case from the Supreme Court, Marvin said. Stern’s firm was based in Plantation in Broward County.

    “Eventually we’ll have a non-jury trial open to the public and the referee will make a recommendation as to appropriate discipline,” Marvin said. “If either side seeks a review of the referee’s findings, it could take another year to complete.”

    Marvin said there are still cases pending against Stern that the Bar will review. None of the complaints against Stern has come from the banks he represented, Marvin noted.

    In December, the owner of the Law Offices of Marshall C. Watson in Fort Lauderdale agreed to plead guilty to foreclosure-related offenses found during a Florida Bar investigation. A consent judgment signed by attorney Marshall C. Watson included a 91-day suspension, which requires him to close his firm and show proof of rehabilitation before being reinstated to the practice of law.

    The action was the first taken by the Florida Bar against one of the law firms that had been under investigation by the state.

    Matt Weidner, a St. Petersburg foreclosure defense attorney, said the Stern cases will be interesting because the Florida Bar is set up to hold attorneys accountable for their own actions, not law firms.

    “Clearly the Bar is saying ‘We are holding the captain of the ship accountable,’” Weidner said. “Your name is on the letterhead, you are ultimately responsible

  6. 2/4/2013COMMENTS (0)

    Bank of America’s proposed $8.5 billion settlement with investors in Countrywide mortgage-backed securities gets all the attention, most recently in a column Sunday by Gretchen Morgenson of The New York Times, who cited new claims that echo old allegations of banks shortchanging MBS noteholders through modification of underlying investor-owned loans. Meanwhile, though, a similar global MBS deal between institutional investors and Residential Capital, the now bankrupt former mortgage lending arm of Ally Financial, has garnered much less outside attention, even though it permits MBS holders to assert an $8.7 billion claim in the bankruptcy, without opposition from ResCap. Friday was the deadline for objections in ResCap’s Chapter 11 to MBS investors’ $8.7 billion allowed claim. And the details that emerged in filings by ResCap bondholders, unsecured creditors and bond insurers that oppose the $8.7 billion deal add up to as compelling a story as the BofA saga, when it comes to assigning blame for and assessing victims of the mortgage crisis.

    According to the new filings (especially those of the trustee for senior unsecured ResCap notes, the ad hoc committee of junior unsecured noteholders and the unsecured creditors committee), ResCap’s $8.7 billion allowed-claim settlement with MBS investors was engineered by Ally, which wanted to minimize its own liability to its mortgage unit. The filings point to emails and other evidence suggesting that Ally’s chief in-house litigation counsel, Timothy Devine, led negotiations with Kathy Patrick of Gibbs & Bruns, who represents the big institutional investor group that first notified ResCap of alleged breaches of its representations and warranties on underlying mortgages back in October 2011. (That group, like the BofA investor group, includes BlackRock and Pimco.)

    The objectors claim that as ResCap approached Chapter 11, Ally executives estimated that Ally’s exposure to its ailing mortgage subsidiary could be as high as $2 billion. To minimize its own contribution to the ResCap estate, objectors assert, Ally supposedly agreed to back an unreasonably large estimate of ResCap’s put-back liability to MBS noteholders in exchange for support from MBS investors, who are ResCap’s primary creditors, for a $750 million settlement between Ally and ResCap. The supposed quid pro quo between Ally and the MBS investors group was a win for both of them but, objectors contend, only at the expense of monolines and ResCap’s other creditors. They argue that an $8.7 billion allowed claim for MBS investors would give holders of mortgage-backed notes an inflated share of the ResCap estate.

    The new objections also assert that ResCap’s board hurriedly approved the $8.7 billion deal in May 2012 without really understanding its terms. In particular, the filings suggest that the board misunderstood, or was misinformed about, whether the settlement included MBS investors’ securities claims (it didn’t) and whether it resolved claims by monolines, a significant point considering that MBIA alone has asserted $2 billion in claims against ResCap. The board isn’t alone in its supposed confusion over how the settlement treats bond insurer claims against ResCap; MBIA’s objection says that point is “debatable.”

    Filings by MBIA and its fellow bond insurer, Financial Guaranty, raise an interesting point, arguing that the investor group represented by Gibbs & Bruns (as well as a separate ResCap MBS investors group that is represented by Talcott Franklin and also supports the $8.7 billion allowed-claim settlement) doesn’t have standing to settle with ResCap, since put-back claims belong to MBS trustees, not investors. MBIA, Financial and Assured Guaranty also assert that bond insurers have stronger put-back claims than investors, since they can cite insurance law as well as contracts. MBS investors shouldn’t be permitted to resolve monoline claims as if they were the same as investor demands, the bond insurers argue.

    Ally, ResCap and Gibbs & Bruns all filed briefs Friday that address objectors’ arguments. The Gibbs brief, for instance, lays out the statistical underpinning of ResCap’s liability to MBS investors to justify the size of the allowed claim. According to the firm, the $8.7 billion settlement isn’t too high at all; Gibbs argues that based on the breach rate calculated by an expert for the unsecured creditors, MBS investors would be entitled to demand the repurchase of fully $16 billion in underlying ResCap loans. Only if ResCap succeeded in all of its defense arguments, such as time bars and loss causation, would allowed put-back claims fall below $8.7 billion.

    As for investors’ standing, the Gibbs brief points out that ResCap, and not its clients, filed the motion asking U.S. Bankruptcy Judge Martin Glenn of Manhattan to approve the $8.7 billion allowed claim, and the debtor certainly has standing to make that motion. MBS trustees have separately said they will abide by Glenn’s ruling on the fairness of the proposed settlement, according to Gibbs & Bruns.

    Briefs by Ally and ResCap take great pains to minimize Ally’s involvement in the negotiations that produced ResCap’s proposed settlement with MBS investors, arguing that there was no quid pro quo between investors and Ally in which Ally agreed to back the investors’ too-high allowed claim in exchange for support for its own too-low contribution to the ResCap estate. The MBS allowed-claim deal, according to Ally’s and Rescap’s briefs, was the product of arm’s-length negotiations that met the standards established by the 2nd Circuit Court of Appeals in its 2007 decision in In re Iridium.

    This case is generating billable hours for a wide swath of the bankruptcy bar. ResCap is represented by Morrison & Foerster; Ally has Kirkland & Ellis. The unsecured creditors have Kramer Levin Naftalis & Frankel; senior bondholders have Cleary Gottlieb Steen & Hamilton; and junior bondholders have White & Case and Milberg, Tweed, Hadley & McCloy. MBIA is represented by Cadwalader, Wickersham & Taft, Assured by Proskauer Rose and Financial Guaranty by Jones Day.

    I called or emailed lawyers from all of the firms but heard back only from Gibbs & Bruns. “These are important issues,” said Gibbs partner Patrick. “In other significant bankruptcies (such as Lehman and Washington Mutual), RMBS investors have had to wait years to get their claims resolved. The evidence developed before and after the settlement in this case show this is a reasonable compromise and we are confident the settlement will be approved.”

    Judge Glenn will hold a hearing next month on the fairness of the $8.7 billion allowed claim, two months before a similar hearing in New York State Supreme Court on Bank of America’s proposed $8.5 billion settlement with the same institutional MBS investors. Should be quite a show.

    (Reporting by Alison Frankel)

  7. The BEDROCK PRINCIPLES of our Constitutional Republic….THE U.S. CONSTITUTION AND THE U.S. BILL OF RIGHTS….THESE FOUNDING PRINCIPLES ARE OUR LEGAL RIGHTS & WERE PUT IN PLACE BY THE FOUNDERS ……SO THAT WE THE PEOPLE WOULD ALWAYS ABLE TO PROTECT THE LEGAL RIGHTS OF WE THE PEOPLE BY THE PEOPLE & FOR THE PEOPLE….LIVING IN OUR CONSTITUTIONAL REPUBLIC……THESE LEGAL RIGHTS THAT WERE AFFORDED TO WE THE PEOPLE ARE UNCONDITIONAL…..AND MAY NOT BE INFRINGED.

  8. Its all about being in control that is the one thing i agree with you know who on, the elected is put there by a minority rule ( those with the gold to support campaign and special interests) so its kinda foolish to think there are no IOU, s attached, look at his right hand men. We are indeed in very big trouble tbis time. Unless the criminal prosecutions start so those at the top who wrote the music and others who orchestrated it are brought to justice. The people deserve no less. Same rule of law for all.

  9. http://victoryoverchase.blogspot.com/2013/01/evidence-establishes-fdic-assigned-wamu.html This appears trust can not hold the notes. When your doc says a trust holds the notes better read this article.

  10. You control freaks popped the cork way too early. WE THE PEOPLE were not as ignorant as you HOPE to your false idols that you worship and that you praise in the name of totalitarian CHANGE through the gods that you made.

  11. No Champagne for me, I’ll bring the whine… teehehe… I mean I will bring the Wine.

  12. “So, the future is bright after all. When the above happens, it’s party time at LL. I’ll buy the Champagne.”

    And I’ll drink to that.

  13. E TOLLE……. YOU TROLLS ARE THE PERFECT EXAMPLE OF “PRETEND IGNORANCE.”…….YOU ARE_ WHO_MAY NEED SERIOUS PSYCHIATRIC EVALUATION…..I AM RIGHT ON TARGET….AND THAT SCARES YOU…YOU MAY NEED XANAX…& PLEASE DO USE FAKE IGNORANCE AND IGNORE THE WARNING LABEL..

  14. The American people need to educate themselves so PRETEND IGNORANCE by the courts, law enforcement, the media and the traitor politicians, posing as Americans, cannot be used against WE THE PEOPLE to ROB US OF EVERYTHING AND OVERTHROW OUR CONSTITUTIONAL REPUBLIC………..PRETEND IGNORANCE BY IMPOSTERS WILL LEAD TO TOTALITARIANISM ….STOP COOPERATING WITH TYRANTS AMERICA…!

  15. @straps….crawl back under your bridge. You are Major Dreck. Your insanity is creeping into every crevice of your twisted mind. Soon, very soon, you will fly apart at the seams and need medication and hospitalization. And then you will be silenced, for they won’t allow you to fill this board with your hatred and nonsense. No computers in the loony bin. YAY!

    So, the future is bright after all. When the above happens, it’s party time at LL. I’ll buy the Champagne.

  16. These are well educated IMPOSTERS…..OUR FOREIGN ENEMIES OPERATING OPENLY ON U.S. SOIL….. using PRETEND IGNORANCE to steal America. Our own ignorance about the modus operandi….PRETEND IGNORANCE to achieve the real objective, which is totalitarianism, allows this.

  17. The courts are openly robbing us by our own ignorance they are using ignorance as an operation of law and it is criminal. It is no different than what the media are doing by pretend ignornance of the crimes of the FED and the politicians. It is no different than the pretend ignorance of the “FEDs own “monetary policy”….is in reality THEFT….it is no different than the fake ignorance of “law enforcement.” It is no different than the fake ignorance of Obama and Obamacare …It is no different than the Politicians ignorance of the way hypertaxation is in fact robbery…..A FELONY…IGNORANCE IS BEING OPENLY USED AS A COVER UP FOR THE ROBBERY OF AMERICA..

  18. E TOLLE….This “financial crisis” is completely manufactured by the OWNERS of the FEDERAL RESERVE BANK…..They are stealing America under the guise of debt owed when in reality, they lend no money and they are the borrowers, defaulters and deadbeat debtors to the US. TAXPAYERS. It is all a scam and a clever illusion by con artists. The American people are largely ignorant to the bankster scam.

  19. From 2009, but still a good read:

    But once the money left the building, the government lost all track of it. The Treasury Department knew where it had sent the money, but nothing about what was done with it. Did the money aid the recovery? Was it spent for the purposes Congress intended? Did it save banks from collapse? Paulson’s Treasury Department had no idea, and didn’t seem to care. It never required the banks to explain what they did with this unprecedented infusion of capital.

    Good Billions After Bad

  20. They are all psychopathic scumbag crooks pretending they are normal and everything is functioning normally. They are sicko’s and it is sickening to watch people go along with these tyrants and what they are doing. People are simply uneducated or are educated but they are cowards.

    The criminal abuse of the American people by these tyrants is obvious to those who “get it” and can only be compared to the worse kind of psychological abuse imaginable. The mainstream media are the biggest part of the problem. Their war against the American people is severe psycholical warfare. By the media’s utter and outright refusal to discuss the crimes of the FEDSTERS and the politicians they are intentionally ignoring what these tyrants are doing.

    The judges are ignoring the rule of law in the courtrooms and it does not matter if you have an attorney or not. You can see the frustration from those who know this is totalitarianism. The judges are not applying the rule of law when defendant’s or their attorney’s are pointing out the serious crimes of the banks and make no mistake, these are serious crimes of the judges as well. This is outright theft of not just the property of the American people but, the outright theft of our liberty for the unjust enrichment of OUR FOREIGN ENEMIES….

    The mainstream pussbag media are reporting on China computer hacking into facebook is a serious crime that the injustice department is looking into. These so called “serious issues” are all, in reality, serious non issues that are an intentional distraction from the theft of our country by the FOREIGN ENEMY OPERATING OPENLY ON U.S. SOIL….

    This FOREIGN ENEMY who is OPERATING OPENLY ON U.S. SOIL AND IS STEALING THE LIBERTY & FREEDOM OF WE THE PEOPLE…THIS TOTALITARIAN DICTATOR, THIS IMPOSTER, THIS FICTITIOUS PAYEE, THIS CLEVER THIEF IS WEARING MANY CLEVER DISGUISES BUT MAINLY WEARS THE CLOAK OF IGNORANCE.

    IT PRETENDS TO BE STUPID ABOUT THE RULE OF LAW….THE JUDGES ARE DOING THIS. THE JUDGES OUTRIGHT REFUSAL TO BEAR WITNESS TO THE CRIMES OF THIS FOREIGN IMPOSTER, WHO ARE….THE FED INVESTORS….ALLOWS THEM TO IGNORE THE RULE IF LAW & NOT APPLY IT.

    I CAN’T HEAR YOU….IS UNCONSTITUTIONAL & THEREFORE ILLEGAL..

    IT IS HEAR NO EVIL, SEE NO EVIL, SPEAK NO EVIL BEING USED AS AN OPERATION OF LAW BY THE COURTS AND IT IS OPENLY CRIMINAL…. IF ITS EVIL IS SPOKEN ABOUT OR OPENLY ADDRESSED AS A GREIVANCE, IT IS IGNORED AND BYPASSED….COVERED UP & CONCEALED AND BURIED, THE TRUTH IS BEING SQUASHED AND ERASED FROM THE PUBLIC RECORD. BY NEVER BEING ALLOWED TO SEE THE LIGHT OF DAY, THE CRIMINAL FRAUD IS NOT BEING DOCUMENTED.

    STAND UP TO IT AMERICA BECAUS, INTENTIONAL IGNORANCE OF THE CRIMES BY THE OWNERS OF THE FEDERAL RESERVE BANK AND THE POLITICIANS BY THE COURTS IS HEINOUSLY CRIMINAL BY ITS DECEPTION AND MUST NOT BE TOLERATED BY ANY AMERICAN.

  21. Abstract

    We are in the midst of the worst financial crisis since the Great Depression. This crisis is the latest phase of the evolution of financial markets under the radical financial deregulation process that began in the late 1970s. This evolution has taken the form of cycles in which deregulation accompanied by rapid financial innovation stimulates powerful financial booms that end in crises. Governments respond to crises with bailouts that allow new expansions to begin. As a result, financial markets have become ever larger and financial crises have become more threatening to society, which forces governments to enact ever larger bailouts. This process culminated in the current global financial crisis, which is so deeply rooted that even unprecedented interventions by affected governments have, thus far, failed to contain it. In this paper we analyse the structural flaws in the financial system that helped bring on the current crisis and discuss prospects for financial reform.

    Oxford Journals

  22. poppy they are having title issues, guess how it gets resolved here in AZ A JUDGE BYPASSES THE RULE OF LAW AND” QUIETS” IT ( now consider our own Atty G settled because of such malfeasances on our wonderful maricopa county land records with all those very important robosigners on displayand trustees deed upon sale ect ect ect and.despite material facts of my case- that have been ignored and manipulated to fit the foregone conclusive decision,
    however there is rule 60b it can be raised 1 year after the ruling- now what. my home had lis pendens lifted and was reconveyed, and now under rule 60b i raised the errors and no thanks to a certain judge and a manifest error of law. that is part of the basis of my appeal. good luck and god speed your victory poppy.

  23. Some of you who are dealing with Ocwen…altisource.com, Altisource Portfolio Solutions S.A. (commercial title closer), is the break-off company taking the homes and selling them through HUBZU.com. They are all, one in the same. HUZBU was launched on 09/17/2012 and auctions “stolen” homes. It is my understanding they are having title issues with the properties, LOL imagine that?

  24. They are ALL on their last leg on paper. What they have stolen from US and hidden away is astronomical. CNBC reported these maniacs have stolen $60.4 trillion dollars from US since 2008 and that is nothing compared to the Origination Fraud….Usury, fees and the profits from a quadrillion dollars in derivatives fraud backed by U.S. TAXPAYERS $12 TRILLION DOLLAR INITIAL INVESTMENT…..The hogs get fatter and more totalitarian everyday…They are empowered by most Americans denial or sheer lack of giving a shit enough to PAY ATTENTION…. CNBC reported WALL STREET made $60 trillion dollars selling derivatives in the year 1999…..the year Glass Steagall was repealed….and the FEDSTERS are still robbing US unabated.

    Not pleased to meet you and I have already guessed your name….what’s not puzzling me is the nature of your game….TOTALITARIANISM ….Complete Communist control of the American people by evil psychopaths….AKA…..the 8 largesse Illuminati banking families…..the enemy is close at hand and far away….just like J.F.K said.

  25. My interpretation is, people are too trusting and do not pay attention until something bad happens and then they go into denial even when things don’t make sense or they know things are wrong. People fear the wrong things. Instead of fearing evil they should stand up to it and deny its power. Then evil has no power.

  26. guest, on February 3, 2013 at 1:29 pm said:
    WINSTON-SALEM, N.C., Jan. 28, 2013 /PRNewswire/ — Triad Guaranty Inc. (the “Company”) (TGIC) today will file a Form 15 with the U.S. Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934….less than 300 owners of record. And this used to be a blue-chip company for many years.

    Triad sent me a letter asking me to contact my servicer to work something out. Huh? I sent them the fraud suit, and told them I would add them in a realignment of plaintiffs. Haven’t heard a word. Now they’re on their last leg. Interesting….

  27. Note the words in the Rolling Stones song Sympathy for the Devil…..I shouted out who killed the Kennedy’s, when after all it was YOU & ME……

    MWAHAHA…

  28. I would beware of anything Oliver Stone or anyone in Hollywood has to say. He is another master of deception. He is a paid Illuminati schill. Remember in the movie J.F.K…he tried to make it all look like an Inside Job but, like 9/11 and the current manufactured mess it was all ordered by our foreign enemies. These people are control freaks who will stop at nothing to make us blame ourselves…Stone will no doubt blame it all on the freemasons, the perps of the black nobility. They are all evil but these orders come from the revived Roman Empire….the Knights Templar’s…..the Illuminati banksters. These people are all totalitarian dictators.

  29. The FEDSTERS have a video posted on 4closurefraud of some guy with the holy bible on display behind him, blaming everything on the banks & their attorneys. Who put them up to this fraudclosure scam….? The FEDSTERS…..THEY ARE ALL COMPLETE PREDATORS, CRIMINAL, IMMORAL & UNETHICAL …. What a bunch of lousy hypocrites …..! Using the Holy Bible now as a ploy after they all destroyed the place…Evil knows no bounds.

  30. http://www.sho.com/sho/oliver-stones-untold-history-of-the-united-states/home

    Watch this and share with your family and friends–It is a documentary series by Oliver Stone that talks about the real, UNTOLD history of the United States—which 100% relates to all the crap we are going through now…it is a wonderful series and more people need to see it—especially the last episode…a very important series that everyone should watch.

  31. Allow me to rephrase that….YOU ARE DECEPTIVE, GREEDY, LYING, SELFISH CRIMINAL BASTARDS.

  32. WRONG AGAIN guest YOU and the FED are the only old worn out strippers ….. NO ONE was living high on the hog except for YOU….YOU stole everyones rainy day savings from the only stakeholders who actually paid for anything………THE U.S. TAXPAYER’S ……. Allow me to refresh your memory…DOES THE ORIGINATION FRAUD RING A BELL……? WE THE PEOPLE WERE NOT JUST INVESTORS…WE THE PEOPLE PAID FOR EVERYTHING YOU CROOKS DID…..AND NEVER GAVE ANYONE PERMISSION TO INVEST IN WHAT WE PAID FOR……YOU ARE GREEDY, SELFISH BASTARDS.

  33. The FED INVESTORS have a serious God Complex …… they keep trying to convince people of their lies as if they are God and they are infallible. That is simply not the case. The truth is, the FED failed to perform on their Original Contracts and that was intentional..& there is no legal fix for that. Then, the FED’s goombas on Wall Street took the FEDs defaulted loans that they intentionally defaulted on and destroyed the value of everything WE THE PEOPLE busted our rearends to pay for by WALL STREET overissuing a QUADRILLION dollars in investments in nothing. There is no monetary fix for that. Therefore, it is about time the FEDSTERS admitted their failings, stop terrorizing the middle class and pay back what they have stolen and hijacked from WE THE PEOPLE so we can have some peace.

  34. You are not a taxpayer, you are not an invester, you didnt save one dime for rainy days, and you cashed out all your equity and lived high on the hog on it. You are nothing but an old worn out stripper. You reap what you sew! End of Story!

  35. Where’s the receipts that prove you crooks paid for anything….? Oh yeah….that’s right….you crooks don’t have any receipts that prove you paid for anything because you crooks don’t pay for anything…..& investment is not ownership if you don’t pay for anything in the U.S.A….THE TRUTH IS THE STAKEHOLDERS….THE U.S. TAXPAYERS PAID FOR EVERYTHING UPFRONT AT THE ORIGINATION….LIKE WE ALWAYS DO AND YOU CROOKS DEFAULTED ON OUR KINDNESS AND TOOK ADVANTAGE OF US TO THE TUNE OF A QUADRILLION DOLLARS IN DERIVATIVES FRAUD…..THE FEDSTERS ARE NOW UNAFFECTIONATELY KNOWN AS…… “THE DEADBEAT INVESTOR CLUB”….

  36. GUEST……The truth is always just the opposite of what you crooks try to sell….. THE TRUTH IS…..YOU are. WHO is up shit creek without a paddle…SO…CRY ME AN OCEAN…

  37. I know the truth…all you crooks got caught stealing the country…..you all have rotten egg all over your faces and you smell bad….please move on right to the guilotione….or would you prefer hanging….or lethal injection….maybe you would rather just get shot and get it over with….? Maybe you should all repent and give back what you stole because I hear hell ain’t no country club….

  38. UKG,

    Same here. I’m in for the laugh. I go elsewhere for the serious info.

    Funny, though. In your part of the world, you call them a douche. In mine, we call them a “barium enema”. Ain’t no light shining there either…

  39. You are up Shit Creek without a paddle and you want me to cry you a river.. I think Not! Know the Truth and Accept It! Move On!

  40. Editor’s Analysis: How simple do I need to make this. If you admit the debt and that it was due and you didn’t pay it, everything else is window dressing for “gimme a break.” The 11th Circuit Court of Appeals had no choice but to rule against the borrower and to affirm the lower court’s ruling.
    The facts stated by the court included the fact that the homeowner had refinanced by “entering into a transaction with IndyMac.” How does the Court know that transaction occurred? Because that is what the borrower said and that is the end of the discussion.
    If the borrower said that there was no completed transaction with IndyMac, that any signed documents were the product of fraudulent concealment of the real lender, leaving the borrower with no real lender to hold accountable for compliance with TILA and state lending laws, and not even a lender that was authorized to issue a satisfaction of mortgage, then the Court would not have said that the borrower entered into a transaction with IndyMac. Instead it would have said that the facts were in dispute as to whether the Plaintiff’s loan was the result of a transaction with IndyMac or some other entity.
    The court also recites that Plaintiff failed to make a payment due. Where did they get that fact? From the borrower’s tacit or explicit admission. If the Plaintiff said that there was no payment due and that just because an instrument calls for a payment is not ipso facto proof that the payment is due. It might have been paid by someone else or it might not have been due at all because there never was a deal between Plaintiff and IndyMac and its successors.
    After dealing with those admissions, the court basically concluded that the other errors, fabrications and even forgeries of the banks and servicers were not particularly important. What was the harm. The borrower’s right to due process doesn’t mean that he can admit the debt, admit the default, admit the collateral, admit the note and then say he should nonetheless win.
    You must remember that due process does not mean the same thing as “justice.” It means an opportunity to be heard. And this Plaintiff was heard to complain about illegal activity of the foreclosing party on a debt that the Plaintiff admitted was owed and secured by the house and on which he hadn’t paid.
    Once again, the Court recites that its opinion is based upon the facts as plead.
    SUMMARY of Case: Link Below for Full Opinion
    Citation:
    Milani v. One West Bank FSB, Case No. 11-15378 (11th Cir. October 17, 2012) (unpublished) (per curiam).

    Ruling:
    Plaintiff Borrower failed to state sufficient facts to support claims for wrongful foreclosure, quiet title or fraud. Nor could Plaintiff maintain an action for declaratory judgment because the events had already occurred causing the material rights to accrue.
    Procedural context:
    An action was commenced in state court, then removed to federal court in the Northern District of Georgia. The District Court granted motions to dismiss by the Defendants on several grounds and determined that amendment of the complaint would be futile. On review, the Court of Appeals affirms the District Court.
    Facts:
    Plaintiff refinanced debt secured by his home in 2005. In his complaint, Plaintiff alleged that he had defaulted on the loan, that the security deed he signed was assigned through the defendants and that one of the defendants had initiated foreclosure against his home. Plaintiff did not present sufficient factual allegations to state a claim for wrongful foreclosure – duty, breach, cause, or damages. Nor could Plaintiff prevail on his action for quiet title because he stated in his complaint that he had signed over legal title in the security deed but no facts that the assignee’s title was fatally defective. His claim for fraud was not supported by factual allegations identifying with particularity the materially false representation nor valid grounds for concealing material information. Declaratory judgment was unavailable because Plaintiff had already defaulted on the note. Finally, Plaintiff failed to provide a factual or legal basis for his argument that foreclosure was improper because the defendants “separated the pertinent note and security deed in the process of engaging in the ‘illegal scheme of securitization of residential mortgages’ — leaving the note unsecured and the security deed unenforceable — and because certain of the assignments of the pertinent security deed were fraudulent or ‘doctored’”.
    Judge(s):

  41. Oh cry me a river you crooks….

    Whatsthematteryou Guest…? Are you and your equity stripper criminal friends running out of places to steal…? I am only so glad to oblige…..

  42. Your so funny stripper, You call me a crook because I work and pay my bills and you gally wag around all day long and do nothing but complain about the Fed not paying its bills like it is an excuse for you not to pay yours. You are the Biggest Joke on this Site!

  43. GUEST….The classic example of a CRIMINAL DEADBEAT would be YOU lying trolls trying to clean up the mess for the FED OWNERS that their incessant greed caused…..

    WELL GUESS WHAT….? I AM NOT INTIMIDATED BY YOU TROLLS BECAUSE YOU ARE LIARS & FELONS & I KNOW IT & NEIL KNOWS IT.

    I KNOW THE TRUTH …..FELONS & CROOKS DO NOTHING BUT LIE & TRY TO INTIMIDATE….. IN ORDER TO STEAL…..YOU ARE THERFORE….A NULLITY…..NULL & VOID.

    Remember….I am from Chicago..I have been dealing with bigger & meaner mobsters than you my entire life. The only way you can steal is by making people BELIEVE YOUR INCESSANT LIES….

    WELL GUESS WHAT…..? I DO NOT BELIEVE THEM AND I NEVER WILL… WANT TO KNOW WHY…? HERE’S WHY….

    BECAUSE WHEN YOU “GET IT”…THERE IS NO GOING BACK TO YOUR DEADBEAT LEVEL…

    THE FEDSTERS ARE SCREWING PEOPLE OUT OF EVERYTHING BECAUSE THEY BELIEVE THEIR LIES YOU ARE SPREADING…. THAT IS THE BIG SWINDLE …..THEREFORE IT IS MY PATRIOTIC DUTY TO ALERT THE AMERICAN PEOPLE ABOUT THE FEDSTERS BIG SWINDLE…… THAT IS THE ONLY REASON I AM HERE … AND NEIL IS A U.S. PATRIOT ……

    WE KNOW YOU TROLLS ARE LYING SCUMBAGS AND THE FEDSTERS HAVE RELEASED THE COMMIE NIHILISTS ON WE THE PEOPLE……

    WELL NOT SO FAST YOU DIRTY CROOKS….!

  44. It is criminal fraud for the “Plaintiff’s” to perform on a contract after they defaulted on their original contract. That is Concealment of the Original Fraud committed by the Issuer. A surety bondsman does not cure the Origination Fraud by the Original Issuer….and are actually aiding and abetting this crime spree by these Imposter Plaintiff’s who are “fictitious payees.”

  45. Stripper of Lies, Please take your rubbish elsewhere. You apparently do not understand that this ranting is not going to help you save your home. The only reason I think Neil lets you stay here is because you are the Classic Example of a Deadbeat!!

  46. WINSTON-SALEM, N.C., Jan. 28, 2013 /PRNewswire/ — Triad Guaranty Inc. (the “Company”) (TGIC) today will file a Form 15 with the U.S. Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934.

    The Company is eligible to deregister its common stock because it had fewer than 300 holders of record of its common stock at the beginning of its current fiscal year. Upon the filing of the Form 15, the Company’s obligation to file certain reports with the SEC, including Forms 10-K, 10-Q and 8-K, will be automatically suspended. Other filing requirements will terminate upon the effective date of the deregistration, which is expected to occur 90 days after the filing of the Form 15.

    The Company’s Board of Directors believes that the anticipated accounting, legal and administrative cost savings from deregistration substantially outweigh any benefits of continued registration and are in the best interests of both the Company and the holders of its common stock. As previously reported by the Company on December 11, 2012, the Company’s mortgage insurer subsidiary, Triad Guaranty Insurance Corporation (“TGIC”), has been placed into rehabilitation, whereby the Illinois Department of Insurance has been vested with possession and control over all of TGIC’s assets and operations, and the Company no longer has any oversight or authority over TGIC and its business affairs. As a result, the Company has no significant operating activities and limited remaining cash and other assets on hand. Going forward, the Company expects to explore various strategic alternatives, and in the absence of an acceptable option, anticipates seeking to dissolve the corporation either through Chapter 11, Chapter 7 or otherwise.

    The Company expects that its common stock will continue to be quoted on the OTC Pink tier operated by OTC Markets Group, a centralized electronic quotation service for over-the-counter securities, following its deregistration, so long as market makers demonstrate an interest in trading in the Company’s common stock. However, there is no assurance that trading in the Company’s common stock will continue on the OTC Pink tier or on any other securities exchange or quotation medium. Following deregistration, the Company does not expect to publish periodic financial information or furnish such information to its stockholders except as may be required by applicable laws.

    Additionally, the Company announced that, effective immediately, the Company’s principal business office has moved. The Company’s new principal business address is:

    Triad Guaranty Inc.
    P.O. Box 100503
    Birmingham, Alabama 35210

  47. A surety bond is a contract among at least three parties:
    The obligee – the party who is the recipient of an obligation,
    The principal – the primary party who will be performing the contractual obligation,
    The surety – who assures the obligee that the principal can perform the task

    European surety bonds are issued by banks and are called “Bank Guarantees” in English and “Caution” in French. They pay out cash to the limit of guarantee in the event of the default of the Principal to uphold his obligations to the Obligee, without reference by the Obligee to the Principal and against the Obligee’s sole verified statement of claim to the bank.

    Through a surety bond, the surety agrees to uphold — for the benefit of the obligee — the contractual promises (obligations) made by the principal if the principal fails to uphold its promises to the obligee. The contract is formed so as to induce the obligee to contract with the principal, i.e., to demonstrate the credibility of the principal and guarantee performance and completion per the terms of the agreement.

    The principal will pay a premium (usually annually) in exchange for the bonding company’s financial strength to extend surety credit. In the event of a claim, the surety will investigate it. If it turns out to be a valid claim, the surety will pay it and then turn to the principal for reimbursement of the amount paid on the claim and any legal fees incurred.

    If the principal defaults and the surety turns out to be insolvent, the purpose of the bond is rendered nugatory. Thus, the surety on a bond is usually an insurance company whose solvency is verified by private audit, governmental regulation, or both.

    A key term in nearly every surety bond is the penal sum. This is a specified amount of money which is the maximum amount that the surety will be required to pay in the event of the principal’s default. This allows the surety to assess the risk involved in giving the bond; the premium charged is determined accordingly.

    Surety bonds are also used in other situations, for example, to secure the proper performance of fiduciary duties by persons in positions of private or public trust.

    Annual US surety bond premiums are approximately $3.5 billion.[1] State insurance commissioners are responsible for regulating corporate surety activities within their jurisdictions. The commissioners also license and regulate brokers or agents who sell the bonds.

  48. UKG…..If by stripper you mean stripper of the lies than YES… that would be me….

  49. UKG……if you come here you just may see the light.

  50. The FED ….who is insolvent on its balance sheets are extorting & stealing our wealth to REPURCHASE their own criminal fraud with U.S. TAXPAYER’S MONEY….. when they are finished bankrupting US…..they will tell US they own US…..BIG LIE…

  51. Yes, so ridiculous it is stupid to give the banks their own policing and allow this charade. The public is not stupid. This is exactly that, a huge charadebetween the white house dancing with the banks. When charges of grand theft house should be happening.

  52. UKG asks…..WHO IS this person other than numerous derogatories…..? A U.S. PATRIOT THAT’S WHO…

  53. If I were a bank biyatch I wouldn’t be exposing the fraud therefore you must be the bank biyatch…..

  54. The freak show is live in real time thanks to the foreign corporate investor owned trolls who have hijacked this site like christine. US PATRIOTS TO THE RESCUE….with some factoids people can use….After all, Darkness is the malefactors secret place…..

    The REIT ETF FUNDS ……THESE WERE EXCHANGE TRADED FUNDS THAT MOSTLY INVEST IN THE EQUITY OF REAL ESTATE INVESTMENT TRUSTS……

    SECURITIES FRAUD…….THIS IS A SERIOUS CRIME WHERE VITAL INVESTOR INFORMATION IS MISREPRESENTED.

    RED FLAG SECURITY …… IS A SECURITY THAT HAS UNDESIRABLE CHARACTERISTICS.

  55. UKG…You think bank attorneys are telling the truth on here…?
    I said the subversive (YOU) must be a bank attorney. What a dope. What a moron. What a douche. Ban this bitch, would you?

  56. Christine, “freak show” is an understatement.

    ” You are probably a bank attorney. Whatever you are, it’s quasi evil.”

    what is this person if not an anarchist? a nut-bag? a wing-nut? I just come here for laughs now. There is no more news or newsworthy commentary. It’s just the stripper (and friends) degrading the site.

  57. This information site has really turned into a freak show.

  58. Jan van Eck, on October 23, 2012 at 1:32 pm said:
    The “break in chain of title” is not properly described as a “civil theft,” but as a “criminal theft,” a larceny, although admittedly in actual practice nobody is going to do anything about it. The difference is that if you describe it as a “theft by conversion” then you can obtain as a remedy, either twice or three times the value of the property converted (depends on the State, of course). In my view, in many cases, suing for “conversion,” even if you still have possession of the home and the adverse has effectively seized the title by filing transfers on the Land Records, is much more profitable. Getting whacked for treble damages on a conversion count takes the fun out of stealing houses. Banksters beware: I will whack you every single time on a conversion count. usually attracts attorney fees also (a nice touch).

  59. Hey Masterservicer, if you’re going to bother quoting me, how’s about quoting something that I actually said or wrote? What you referenced was your writings. WTF is that?

    So you saved a home? Good going. At what point will you break even in your atonement? Do you have to collate how many hundreds of thousands, or millions that you made in your years of stealing folk’s homes through bad securitizations and then equal out that amount in homes saved? If that’s the case, I sure hope you’re not still charging $500 per hour like your brethren do. That would be akin to finding religion in prison, IMHO.

  60. The reason the TBTF do not comply with anything…? Because they are a foreign controlled Corp doing business as unincorporated from the TBTF Corp in D.C. but in fact work through that Corp secretly. That is how they hide & evade compliance with everything as well as evade criminal prosecutions. AKA shell corporations, they exist in name only so there is no paper trail of their “unique” existence.

    Yes America, D.C. is a foreign controlled corp who has hijacked America and it is a full blown hostage situation….However, the FOURTEENTH AMENDMENT SECTIONS 1 & 4 protects WE THE PEOPLE from these “hidden” foreign invaders…Section 4 tells WE THE PEOPLE WE ARE NOT LIABLE FOR… assuming or paying any debt or obligation incurred in aid of insurrection or rebellion against the United States and all such debt shall be held illegal and void. Section 3 of Amendment 14 …Congress may by a vote of 2/3rds of each house, to remove traitors. AMENDMENTS 9 &10 tells us if they are all traitors then the power rests with the people. AMENMENT 14…Section 1 tells us we naturalized American citizens shall not be deprived of life, liberty or property without due process of law.

  61. It’s really great to hear the truth MS even if it’s not pretty. The saddest thing about the American people is even when the truth is apparrent, people are still so incredibly gullible. People know this government is horrible but are still playing along with it. Some of the most brilliant people have no common sense. When faced with the prospect of non compliance they shudder and criminalize themselves. They claim it would be immoral for them to not comply with crooks. Even though these crooks comply with nothing.

    Too many Americans fear facing reality and shudder at the prospect they could lose their fake credit rating. Even if you tell them these crooks have reduced their credit rating to worthless junk long ago. We are so completely unsophisticated in our thinking and that took about 30 years to accomplish according to a KGB agent report. They have been intentionally poorly educating us and financially weakening us for decades. We have been reduced to a nation of mental midgets so this totalitarian takeover could occur. These crooks envisioned only a few dissenters would be left behind who would still have the ability to look in the can and see it is full of worms. Those enlightened ones would be largely ignored and told tobshut up stupid, or paid off for their silence.

    The truth is, America is the last vestage of freedom on the planet. We still have the money power to take back what they have stolen and with that, the ability to push back hard on these crooks. We need to unionize under this idea and stop paying these crooks. People who say these crooks have plenty of money don’t realize the truth is, yes they do and the reason why they do is because they don’t pay for anything and they want US PAYING FOR EVERYTHING…..The government in D.C. are the biggest Joe lunch box, mortgage whore, freeloading scumbags on the planet….STOP COOPERATING WITH THESE CROOKS WHO WANT TOTALITARIANISM AND TAKE YOUR MONEY OUT AMERICA…or they will take your money power out of your hands when you least expect it. Give yourselves the respect and the dignity you deserve America because YOU PAID FOR EVERYTHING…..!

  62. [...] Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud Tagged: Abacus, Fannie, fraud, Freddie, Investigation, Naked Capitalism, Ponzi scheme, PROOF, prosecution, yves Smith Livinglies’s Weblog [...]

  63. We all know they TBTF has failed to comply with any consent orders or settlements for years now. Do you really think they are going to comply now? hahaha … The proof is in the pudding already….

  64. @MS, my 1099s are rolling in from coast to coast. Wink! Wink!

  65. E. ToLLe, on February 2, 2013 at 3:28 pm said:

    I am somewhat bitter , confused still and shell shocked. I know what I am talking about . I testified in the CA appeals case , in a criminal matter and one of the largest banking fraud cases in California. I have testified and can tell you my affidavit won the Henderson Contra Costa CA their home owing $625,000 for $150,000.

    Four clients elected to settle and move for an aggregate award of over $150,000.

    Each Holdover or unlawful retained I prevailed in is moot I guess as the lenders came back and came back again until they wore the clients out. But In January I was involved in cases which were going to sale and taken indefinitely off calender or were served a three day notice and the rafter rescinded.

    I know , from their mouth to my and your ears THERE IS NOTHING TO FORECLOSE ON . NOTHING. DID I ONCE DO WHATS HAPPENING TO YOU AND OTHERS ? YES AND I WAS VERY GOOD AT TAKING YOUR HOME …BUT IT WAS NOT IN ACCORDANCE WITH THE CIVIL CODE …FEW IF ANY LENDERS CARE ABOUT THE CIVIL CODE .

    What do lenders think of you – homeowners? Commodities , mortgage whores, Joe lunch Bucket and a lot of Mouches.

    What I learned from an attorney general early on even shocked me . What GMAC counsel told me inadvertently was as bad but no longer shocked me. The IRS agent was the most class and helpful of anyone to date . But what he kept telling me made NO SENSE …NONE.

    A client back east who I still consider a class person and friend …has gone his own way as time goes bye and that’s fine. But his desire to put me on eh phone with a respected accountant and CFO last minute, one Sunday last spring. The call caught me off guard and so did his comment after I explained my view in capsule form to both on as conference call. He asked the accountant if he understood any of the crap I was spewing . Accountant said “shut up…is that what they did ? My God

  66. UKG…You think bank attorneys are telling the truth on here…? You are more subverted than I thought. You trolls are deep, deep subverters of the truth. You are probably a bank attorney. Whatever you are, it’s quasi evil. Not the purest form of alchemy that’s for sure. A really good one can turn worthless crap into gold. You trolls just make everything crappier. The really good ones are tied up in a basement somewhere being subverted into complete communists. I guess US PATRIOTS will have to get the job done.

  67. gotta be a subversive enterprise at work there…..I think they’re called bank lawyers.

  68. I can’t believe he lets the crap continue. I would think NG would protect the site from this kind of sabotage. Too much time invested. Why let this go on, Neil? Why do I care?

  69. I agree about the cancellation of the debt but they should also give back the wealth they have stolen from the people. Cancelling debt does not make the free markets work…..the crooks still have our stolen wealth and still have the control freak upperhand. They know it takes wealth to create wealth and they stole quadrillions from US and have the rest of it hijacked. That is also terrorism. When a robber cleans you out, they victimize you not just financially but psychologically, mentally and emotionally. Robbery is terrorism.

  70. All the name calling and false accusations/lies in the world don’t change a thing. These people are totalitarian control freaks who don’t own anything but fear. The truth is, they are all on a fake power trip.

  71. The truth is the truth. When you know the truth, the truth is unchangeable.

  72. Congrats MS!

  73. E. ToLLe,

    Garfield knows. End of story.

  74. E TOLLE…..I am the only poster under the name stripes. I take full credit for exposing all of you totalitarian radical supremests & all of your totalitarian supremist beliefs……AS WELL AS ALL OF YOUR IMMORAL, UNCONSTITUTIONAL, ILLEGAL AND UNGODLY METHODOLOGIES THAT FLY IN THE FACE OF FREEDOM & LIBERTY….. AKA RULES FOR RADICALS…FRAUD #1….AMERICA IS A DEMOCRACY….THE TRUTH….AMERICA WAS NEVER A DEMOCRACY…..AMERICA IS A CONSTITUTIONAL REPUBLIC……DEMOCRACIES ARE DICTATORSHIPS ….FRAUD #2……BANKS LEND MONEY…….THE TRUTH….BANKS NEVER LEND MONEY……BANKS PRETEND TO LEND BY BORROWING OUR SIGNATURES AND CONVERTING CREDIT SLIPS INTO INVESTMENTS THAT THEY OVERISSUE & INVEST IN WITH OUR STOLE WEALTH……

    THE TRUTH IS….THE FED OWNS NOTHING….THE FED IS A GLOBAL PRIVATE INVESTMENT BANK THAT DOES NOT LEND MONEY…..IT OVERSELLS INVESTMENTS IN THE CREDIT WE LEND THEM BY CONVERSION VIA WALL STREET……THE FED PRINTS AND ISSUES MONEY FROM THE CREDIT THEY DESTROY IN OUR NAMES WITHOUT OUR KNOWLEDGE OR CONSENT…THEY USE OUR STOLEN WEALTH TO BUY INTO THEIR OWN FRAUD AND DESTROY THE VALUE OF EVEYTHING THEY TOUCH…….THE FED IS A SCAM..AND A WEALTH STEALER & JOB DESTROYER…..THEREFORE A FREEDOM DESTROYER.

  75. For those of you who don’t know what this strips/assvent is up to, it’s like Master Servicer alluded to yesterday….by filling Neil’s site with this incessant nonsensical ranting, the moron is filling Neil’s content with a plethora of keywords that bots such as Google and Bing and the like mine and then they believe that this site is about commie bastards and anarchists and the like. Those of us who write HTML code go to great lengths to use keywords throughout a website for these very purposes, for ranking and content display, only in our cases for purposes that are in keeping with accepted practices, not for the subversive tactics of the lunatic posting 24/7.

    Also as MS said, there are probably several different people posting under that moniker, which would explain the round the clock posts. I’d suggest that each and every person who has had enough with her rants and destructive purposes write Neil at – neil f garfield at hotmail dot com. Please make note of the f in the middle. I’ve heard Neil say that there’s some poor bloke in England who keeps getting emails with legal stuff attached. I hate when that happens. Also, do not respond to assvent. Feeding the troll is always counterproductive.

    So, as we’ll never know who’s paying her to do this, but it’s absolutely clear what her gameplan is: to subvert Living Lies into an impossible to find resource for those trying to find assistance in foreclosure defense. Not to mention just causing general mayhem in each and every thread. She’s an idiot and must be starved.

  76. These people are in the Center of their own universe. They call everyone else immoral when nothing they do is moral by anyones standards and none of what they do based in law or fact. These are simply RULES FOR RADICALS…

  77. It was a good week –
    Thanks Ron for keeping the faith.

    TRUSTEE SALE INFO

    Last Update: February 21 st, 2013 03:58:00 PM

    Case: # 12-519078
    Property Address:330 North Howard Street,
    Unit 207, Glendale, California
    Property County:Los Angeles
    Opening Bid:$0.00
    Added Bid Instruct: _____
    Auction Location:400 Civic Center Plaza,
    City / State / Zip :Pomona, California 91766
    Auction Time:11:00 AM
    ——————————————————————
    Sale Scheduled Date: SUSPENDED
    Sale Status: Off Calendar
    PP/CANCEL REASON: BENEFICIARY

    registerclaims@live.com

  78. How can these politicians or judges or bank attorneys or law enforcement officials be moral and uphold the U.S. CONSTITUTION & THE U.S.BILL OF RIGHTS….THESE MORAL & LEGAL DOCUMENTS…OR THE LAWS OF THIS LAND .when they are indoctrinated with IMMORAL Supremist beliefs ..? How can they make moral and legal decisions when they are being mind controlled by Supremist dictators who pay them with our hijacked wealth & mind control them with their Suremist beliefs…..? They can’t unless we take our minds and our money out of their control freak hands….

  79. When moral people collect money from 300 million Americans who are paying for everything you get private healthcare, rule of law and civility. When immoral people are collecting that money you get THE ROBBERY OF ALL OF ALL YOUR FREEDOMS AND LIBERTIES IN THE FORM OF 9/11, WAR, DEATH, FAMINE, DISEASE , PESTILENCE, THE PATRIOT ACT, THE NDAA, THE ROBBERY OF YOUR WEALTH…TBTF, OBAMACARE..FRAUDCLOSURE AND THE RE-SOCIALISM OF UNSUSTAINABLE DEBT. IT IS CALLED TOTALITARIANISM AND IS BEING CREATED BY TOTALITARIAN SUPREMECIST CRONY CAPITALIST DICTATORS WHO ARE IMMORAL , HATE EVERYONE AND DON’T GIVE A DAMN ABOUT YOU, YOUR FREEDOM, OR YOUR LIBERTY, THEY HATE THE CONSTITUTION & EVERYTHING YOU LOVE..IT IS A MASSIVE CONTROL FREAK AGENDA BY TOTALITARIAN SUPREMIST CONTROL FREAKS WHO WANT TO MAKE YOU BELIEVE LIES. THEY ARE HIDDEN EVERYWHERE…THEY ARE LIARS. THEY ARE THESE SUPREMISTS ARE HIDDEN IN PLAIN SIGHT AND ARE THE GREAT DECEIVERS OF MANKIND.

  80. Our right to affordable healthcare is a moral issue…not a legal issue…Should private healthcare be affordable to everyone…? YES…Because there are 300 million americans paying taxes on everything they do in this country..However PRIVATE HEALTHCARE IS UNAFFORDABLE FOR A REASON…… the CRONY CAPITALISTS HAVE HIJACKED THE ENTIRE PRIVATE HEALTHCARE SYSTEM BY INVESTING THEY ARE CONTROLLING THE PRICES…OBAMACARE HAS NOTHING TO DO WITH YOUR LEGAL RIGHTS..IT HAS EVERYTHING TO DO WITH THE IMMORAL ACTIONS OF THE CRONY CAPITALIST COMMUNISTS WHO HAVE HIJACKED AMERICA THROUGH INVESTMENT….AND I FOR ONE AM NOT PAYING THEM FOR IT.. THROUGH OBAMACARE OR HYPERTAXATION OR WITH MY LABOR OR PROPERTY….THEY ALREADY GOT PAID…WAY TO MUCH TO OVERTHROW OUR CONSTITUTIONAL REPUBLIC AND I WILL NOT COOPERATE BY AIDING AND ABETTING THESE COMMUNIST SUPRREMICISTS WHO WISH TO DESTROY OUR FREEDOM AND LIBERTY TO CREATE TOTALITARIANISM….I REJECT THEM AND ALL OF THEIR EVIL.

  81. The Saul Alynskiites who are running the country and the U.S. Courtrooms are subverting the REAL LEGAL ISSUE….NO LEGAL ASSIGNMENTS in order to convert massive criminal fraud into something of value that never existed. These are simply communist subversion tactics that have no legal basis…No basis in law or fact. it is Totalitarian Supremecy that has infiltrated everything ,every aspect of our lives and is disguised as anything from “you didn’t build that” to ‘gun rights’ to ‘AFFORDABLE HEALTHCARE’., MAKING HOME AFFORDABLE… pension fund entitlements to TBTF to FRAUDCLOSURES…. .SOCIAL ISSUES….they use social justice fixes for fraud that fly in the face of common sense, our moral and religious beliefs, our legal rights to be free and rule of law…they are subverting.THE U.S. CONSTITUTION, U.S., FEDERAL AND COMMON LAW to convert America into a Totalitarian dictatorship. These subvertors of the truth are in reality, perverted , Nazi, totalitarian control freak subvertors of all of our moral & religious beliefs and most importantly, they are using these deceptive tactics to overthrow the rule of law and our Constittutional Republic to steal everything from us…13,000 pages of FEDERAL rules and regs in OBAMACARE reported FOX NEWS last night….that is not freedom…that is not affordable healthcare…that is fascism and totalitarianism disgusied as a social justice fix for fraud…..your right to healthcare…HEALTHCARE IS NOT A LEGAL RIGHT….

  82. The Saul Alinsyites are the modern day KKK….commie subverters of our time….RULES FOR RADICAL DEMOCRATS…..They make up their rules as they go along….They use unwarranted character assassinations and other intimidation tactics if you don’t agree with them. Their ultimate goal…..totalitarianism …..For example …. calling people who want to own more than one gun crazy….STUDY SAUL ALINSKYS BOOK RULES FOR RADICALS…..THE LOCAL MEDIA IN CHICAGO REPORTED THAT BOOK IS OBAMAS BIBLE………this is who these crooks are and how they operate….they are attacking the judiciary with RULES FOR RADICALS…..They are attacking the U.S. CONSTITUTION…..THE RULE OF LAW….RELIGION…EDUCATION AND HEALTHCARE WITH RADICAL COMMUNIST RULES ……BIG IDEAS THAT FLY IN THE FACE OF THE RULE OF LAW AND OUR FREEDOM AND LIBERTY….

  83. You trolls are commie Supremicist subverters….You make up your totalitarian rules for radicals as you go along. No one believes you.

  84. Complying, conforming and cooperating with totalitarianism as a fix for a QUADRILLION dollars in criminal fraud committed in our names, without our knowledge or consent is unacceptable. We should never trust or do business with these psychopaths ever again. This Government is out of control, these people and their behavior are simply intolerable. To go along with them will mean a death sentence sooner or later because all of us were meant to be free and independent. The truth is, totalitarianism always becomes intolerable to everyone at some point. Time to restore our Constitutional Republic because in reality, no matter what they tell you, these people are control freaks who hate our freedom and liberty even more than they hate us.

  85. Blah blah BLAH!!!

  86. You may need some innocculations to ward off the sicknesses that you may soon develop from swimming in the sewer with sewer rats.

  87. You better be careful Christine….you are swimming in your own toxic crap..

  88. Blah blah blah BLAH BLAH blah blah…? BLAH BLAH blah blah blah. Blah blah blah BLAH BLAH. Blah. BLAH BLAH BLAH. BLAH BLAH BLAH…?

    Moron.

  89. Screw these commie GLOBALIST crooks….we don’t need any stinking global initiative or global anything. WE ARE SOVERIGN FROM THESE GLOBALIST CROOKS…& WE WANT BACK WHAT THEY STOLE…FORGIVE THEM FOR ROBBING US…? OH HELL NO….PAY US BACK AND GET OUT…FOR GOOD… I don’t want to patronize their GLOBALIST criminal Corp and I don’t want their GLOBALIST criminal Corp patronizing me. Screw them..I am never trusting them again…never…ever. I refuse to buy the crap they sell…

  90. Who do you think is behind that Globalist movement ….? Nothing happens by accident with these Globalists..They want to get which debt forgiven…? The quadrillion in debt they owe us or the quadrillion in debt they created by committing massive criminal fraud with our signatures ….? Please clarify…… Time to sue these crooks …abolish them and issue our own currency….Beware of wolves in sheep’s clothes bearing “gifts”…….There is no such thing.

  91. Coming full circle… About time that Nardi deposition bore some fruit!

    FLORIDA CIRCUIT JUDGE DENIES SUMMARY JUDGMENT TO JPMORGAN CHASE BASED ON ISSUES IN NARDI DEPOSITION AND ADMISSIONS OF JPM IN FEDERAL CASE

    February 1, 2013

    Today, a Hillsborough County, Florida Circuit Judge has denied a motion for summary judgment filed by JPMorgan Chase Bank, N.A. involving a WaMu origination. The borrower is represented by Jeff Barnes, Esq. who argued the matter in a Tampa courtroom this morning. Mr. Barnes filed the Lawrence Nardi deposition in which Mr. Nardi, as a former employee of WaMu who became employed with JPM after the failure of WaMu, testified that although a schedule of WaMu mortgage loans to be purchased from the FDIC was contemplated, it was never prepared, has never been produced in any case, and does not exist. JPM separately admitted in the Federal litigation that it is not the successor in interest to WaMu in its own motion for summary judgment which it filed in that case, which Mr. Barnes filed as well.

    Based on the questions as to JPM’s standing raised by the Nardi deposition and the Federal court admission and the lack of any sworn testimony in JPM’s Affidavit as to when and how it came into possession and ownership of the Note, the Court denied summary judgment.

    Mr. Barnes has filed the Nardi deposition and the Federal court admission in several cases, but this was the first time that they were tested for summary judgment purposes, resulting in summary judgment being denied. The Court also ordered that Mr. Barnes may take the deposition of a corporate representative of JPM in light of the issues.

    Jeff Barnes, Esq., http://www.ForeclosureDefenseNationwide.com

  92. You are right expose…..we should all bring a small recording device and expose these tyrants on you tube…I could tell some stories that would make everyone arm themselves for sure. What is going on within our judiciary with the taking of our legal rights and property is not civil…..it is totalitarian, unconstitutional and criminal.

    CNN reporting threats against judges are on the rise. No surprise there. That is the direct result of totalitarian legal theories replacing the rule of law….people are sick of getting judged, ruled over and screwed over by people who have no morals themselves in most cases.

  93. This is a worldwide movement. I have no doubt that we will get there soon.

    The Debt Realignment Initiative

    For a global problem we need a global solution.

    Proposal:

    It is proposed that an Economic Summit be called among the nations of the world. At this Summit, with agreement among all national executives, legislatures, and central banks that this be done only once, by law, it shall be ordered by all governments that in all ledgers, all balance sheets, all accounts in the computers around the world, and on the books of all central banks and lending institutions worldwide that all debt, debits, be transferred as an asset, as a credit, to all creditor’s accounts in their respective banks, either in real terms, or as a ratio of the then present debt, to be determined, to get all on an even playing field as of February 1, 2013. If this is done in present real terms, or as a ratio, this means currencies will have to be realigned also if not doing so would promote inflation, or if other variables are present. Negotiations and discussions on this obviously will have to take place among the nations. This writing provides the direction, the outline, hopefully the impetus for this to be a reality. The specifics shall be determined by the various experts of different countries, the executive branches, and the central banks at the Summit.
    With modern technology this can be accomplished in a relatively short-time with the realization that technological means allows this to be, in fact, also, relatively an easy action. It is vastly superior to what is presently being done.

    The goal is zero global debt. The Summit should occur as soon as possible with the debt realignment event date being in the accomplished before the middle of 2013. The sooner the better. It takes vision. It takes courage. It takes effort. It takes leadership. The European Union, and others, have had Summits, but at a Summit there must be a global plan that will work, not worn-out old ideas of austerity, taxation, and more borrowing. The world would welcome a plan that will work. This plan will work.

    All creditors receive payment.

    All debt of nations will be realigned and all debtor nations released from their obligations. All holders of national debt will receive credits in their accounts. All governmental entities within the respective countries also shall have their debts realigned. In addition, to be truly global, all individuals and companies on the globe will have their contractual debt realigned as a credit, in real terms, or at a ratio to be determined in their respective accounts. The globe would be free of debt. This is a win-win for all.

    No one loses anything but the debt. No one suffers. The creditor nations and international banks get asset capital on their ledgers. The debtor nations lose their debt — worldwide. This is not debt forgiveness. No one loses. Countries, states, counties, municipalities, individuals, companies all can perform at their maximum. This is the essence of global debt realignment.

    A new balance sheet in each institution is started with oversight and regulations in place, and with a new awareness of the pitfalls of wanton speculation and poor regulation. Nations are free to prosper. People can advance. Everyone is free to put their house in order. Nations can fully focus and fund the many challenges that face our planet; put their people to work; prosper. The world can advance.
    Example for a country:

    A country owes 200 billion dollars to the World Bank or the International Monetary Fund (IMF). Authorization is given to the World Bank or IMF to put on its books 200 billion in credit, 100%, or a ratio to be determined, derived from the debtor country’s debt. The debtor country’s debt is transferred as a credit. The debtor country owes no debt. The bank has credit to loan. The country is free from the debt. This can be repeated with every country, the poor and the rich. Countries are free “to promote the general welfare” without the burden of debt.

    Another Example:

    America owes over a trillion dollars in Treasury Bills to different countries. It is agreed that the holders of these bills be realigned as a credit, in real terms, or as a ratio to be determined in the amount of the debts in the bank where the debt is on the balance sheet as a debit. The Treasury Bills are paid off. Interest payments cease. Resources are freed. Debt is gone. We move on. It is simple. But simplicity is what we need now. We do not need wild loans putting more debt and bondage on people, resources, and countries. What if a country or fund does not want to cash in its notes? The debtor’s bank, or one designated, is instructed to holds the credits in a special account until such time as demand is made. In any event the governmental debt will equal zero after debt realignment with credits available on the balance sheets. Europe no longer has to worry about Greece, Ireland, or Portugal. These countries are freed from their debts and their creditors do not lose and do not have to lend them more just to keep them above water. The people of these countries stop demonstrating and jobs become available with the capital now created with the realignment.

    Precedent:

    The ancient Hebrews handled massive debt every 50 years with a “Year of Jubilee,” where “all were returned to their possessions.” Leviticus XXV, The Old Testament.

    Let us not be so sophisticated in our minds to think that there is nothing to learned from this. Debt realignment is the evolved model. With modern technology and banking expertise, it can be done. All we have to do is do it.

    To be sure, the World Bank, the International Monetary Fund, and the separate Central Banks of the nations around the world will be much more comfortable, as will Wall Street, other markets, individual investors, and workers when this is accomplished. Then, refinements of the more conventional nature can be applied when the need arises.

    sj@thedebtrealignmentinitiative.com

  94. That thing came directly from Alcuin and Flutterby but this is one of the many links LL rejects,

  95. • When debt is fraudulent, debt forgiveness is the logical and only remedy.

    • Debt or credit which cannot be paid back is never an asset; it is always a liability.
    • All debt which charges a percentage originates in delusion. Debt grows exponentially indefinitely; income and other financial growth cannot do this.

    • The total amount of money in circulation today in the West can only pay for a tiny fraction of the total private and public debt in the West. This fact is evidence of systemic fraud.

    • Debt is manufactured through fraudulent means to reward a creative criminal élite.

    • If the intention of a financial transaction tied to a loan, or tied to a financial inducement, is extortion, if it is, in effect, an élite bankster scheme to bamboozle the borrower with small print or to blind him with science, that loan or inducement, should be struck off the record immediately and completely. The debt was not incurred with the informed consent of the borrower. The debt did not benefit the borrower. And the élite lender was well aware of these facts when the loan papers were signed.

    • You cannot solve the debt problem by issuing more debt. You solve the debt problem by cancelling, completely, all national, corporate and personal debt. You do this simultaneously across the planet, and you do it permanently.

  96. Why not Video Tape & Record all current Wrongful Foreclosure Lawsuits all over the country so we can all see for ourselves how the American Justice System opperates for the American People or for the Banks. Would be interesting to see.

  97. I agree Shelley, it is up to WE THE PEOPLE to kick their asses out….these politicians are totalitarian Supremacist control freaks and Democracy is totalitarianism in disguise. The United States of America is a Constitutional Republic where the citizenry are the Government …The Second Amendment was given to WE THE PEOPLE to protect OURSELVES from politicians who have become completely corrupt and are oppressing the people. That truth couldn’t be more apparent. The tyranny & oppression by these crooks couldn’t be anymore obvious … What will it take mass arrests before the people realize it’s time to revolt…? They are already threatening to pass a gun law in the ILLINOIS GENERAL ASSEMBLY that will criminalize gun owners of banned guns. If you don’t turn in the banned weapon these tyrants will send the cops out to arrest you…WTF…WAKE UP…& STOP COOPERATING with these TYRANTS & DICTATORS America…!

  98. The bread & circuses are getting slimmer & slimmer. People aren’t falling for their crappy entertainment so much anymore. The more they are oppressed the less they are able to pursue happiness….that makes people feel caged. People don’t like that. Especially when the media is blowing smoke about an improving economy and selling the grand illusion of Wall Street’s big rally. They are full of shit…they are insolvent on their balance sheets and robbing us into poverty. There are no free markets …..they have been hijacked by crony capitalist communists and they have a stranglehold on the middle class…it is all going upwards to the entitlement people. The ones who think they are so above this…..and they are never going to feel the pain of this ongoing robbery by the TBTF entitlement people at the top…..big mistake to trust these crooks..no one & nothing is safe from them.

  99. Yves has an investor mentality but she does bring up good points. Yves knows there is a massive cover up going on. Not telling all you know just empowers the crooks. Yves should tell everything she knows and so should everyone who knows what these crooks are up to…it’s totalitarianism ….and no one, not Yves or anyone would want to live under the iron fist of these tyrants. No one should let them have their way no matter what your investments are. Those fighting foreclosure are living proof there is no loyalty with these crooks. They don’t give a damn about us. It’s all about mind control. WHO they are and the truth being revealed about all of their evil plans for mankind…WORLD DOMINATION needs to go mainstream….

  100. We the people need to put petitions together to stop this crime. It i sup to us to do this. Our government is not there for us, and is missing broken and ran by the banks.

  101. Jones states he feels like grabbing the note in court and saying I hold the note and risking a day in jail to prove any theif can hold the note.

  102. This is no surprize, the big banks get rid of their competitition and the general public credit the government for being stern and prosecuting banks, with out realizing the big banks are getting away with a horrific crime with no prosecution of any bank or their employees, and the people pay for the bank crime by taxes and property loss. Thats fair if you are organized thug theivery mafia. Attorney Jones in Seattle told the Wa Senate on Tuesday, lack of transparency and allowing the holder even a theif holding the note is a crime and unjust therefore we need bill BS 5191 passed in Wa to keep anyone including a theif holding the note to gain unfair enrichment. It must be the owner of the note and not the holder. However before this bill came to the senate floor the banking association entered a subsitute bill that undid the entire bill. What the ?????? The banksters gamed the bill with the blessing of the politicians. We are looking into putting this language for the people to vote it in. Our government is not there for us. It is broken, paid for and ran by the banksters.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 3,442 other followers

%d bloggers like this: