http://market-ticker.org/akcs-www?post=172452
The slime that calls itself your public representatives are trying to pull a fast one on you kids.
It looks like HR-3808 is not quite the dead issue "WE" all hoped that it was.
Just like with the bank bailout bill, you voice is going to be overridden again in favor of protecting the Wall Street Investment Banks.
The passage of HR-3808 will allow them to foreclose on any state without judicial consent by bi-passing the court system totally.
They only think that the TSA problem is a nightmare, if they push this one through people will revolt.
There cannot be two rules of law in this country.
It can't be ruled a bank mistake and granted a do over while it's called a fraud for you with prison time served.
It time to light up the White House phone lines, as well as your House Reps and Senators.
Time is short so hit them hard and make your voice heard.
All men were created equal, and the doling out of Justice should be no different.
They really are going to try to override the Presidential Veto tomorrow (11/17/2010)
GET ON THE PHONE TO YOUR REP AND SENATORS RIGHT NOW!
From 4closurefraud.com:
2:15 P.M. -
ONE MINUTE SPEECHES – The House proceeded with one minute speeches.
H.R. 3808:
to require any Federal or State court to recognize any notarization made by a notary public licensed by a State other than the State where the court is located when such notarization occurs in or affects interstate commerce
2:14 P.M. -
VETO MESSAGE FROM THE PRESIDENT – The Chair laid before the House the veto message from the President on H.R. 3808. The objections of the President were spread at large upon the Journal, and the veto message was ordered to be printed as a House Document No. 111-152. Pursuant to the order of the House of earlier today, further consideration of the veto message and the bill are postponed until the legislative day of Wednesday, Nov. 17, 2010, and that on that legislative day, the House shall proceed to the constitutional question of reconsideration and dispose of such question without intervening motion.
2:13 P.M. -
The House received a message from the Clerk. Pursuant to the permission granted in Clause 2(h) of Rule II of the Rules of the U.S. House of Representatives, the Clerk transmitted H.R. 3808, the “Interstate Recognition of Notarization Act of 2010,” and a Memorandum of Disapproval thereon received from the White House on October 8, 2010, at 12:55 p.m.
Mr. Scott (VA) asked unanimous consent That, when the House adjourns on Monday, November 15, 2010, it adjourn to meet at 12:30 p.m. on Tuesday, November 16, 2010, for Morning-Hour Debate. Agreed to without objection.
Mr. Scott (VA) asked unanimous consent That, when a veto message on H.R. 3808 is laid before the House on the legislative day of today, then after the message is read and the objections of the President are spread at large upon the Journal, further consideration of the veto message and the bill shall be postponed until the legislative day of Wednesday, Nov. 17, 2010; and that on that legislative day, the House shall proceed to the constitutional question of reconsideration and dispose of such question without intervening motion. Agreed to without objection.
These damn snakes have not yet had their heads cut off!
Showing posts with label mortgage-gate White house. Show all posts
Showing posts with label mortgage-gate White house. Show all posts
Tuesday, November 16, 2010
Sunday, October 10, 2010
Government had been warned for months about troubles in mortgage servicer industry
http://www.washingtonpost.com/wp-dyn/content/article/2010/10/09/AR2010100904125.html
They were aware of the flaws, but they couldn't do anything about it, because they needed help with Fannie and Freddie.
So if they know about the flaws, which are created entirely due to MERS, what do they actually need help with regarding Freddie or Fannie?
MERS cannot foreclose on people and the service providers have not right to.
The MERS problem is not going to go away, just because the White House refuses to acknowledge it.
What the "People" want to know is, Is the White House going to force the Banks to eat all of those mortgages that Fannie and Freddie now can't trace a clean title to?
The way this article reads, government officials still have no idea that Fannie and Freddie are stuck permanently with all of those home loans, because the act of foreclosure does not belong to them and they have no legal recourse in furthering their ability to do it.
In recent days, amid reports that major lenders have used improper procedures and fraudulent paperwork to seize properties, some Obama administration officials have acknowledged they had been aware of flaws in how the mortgage industry pursues foreclosures.
But the officials said they could take only limited action to address the danger. In part, this was because they wanted lenders' help carrying out federal programs to modify mortgages that had fallen into default or were poised to do so.
New concerns about improper practices - such as those involving faked documents or "robo-signers" who signed tens of thousands of documents without reviewing them - have prompted the mortgage servicing arms of the country's largest banks to freeze millions of foreclosures. As momentum builds for a national moratorium, the administration has begun assessing the potential impact, examining the threat it could pose for the ailing housing market and the wider financial system.
There is no evidence so far that the specific abuses made public in the past few weeks were known to government officials. Nor is it clear whether they were aware that the process of the selling and reselling of mortgages among financial firms - which became extremely common and highly profitable during the housing boom - was raising legal questions about who actually owned the loans and had the right to foreclose if they went bad.
But government officials
They were aware of the flaws, but they couldn't do anything about it, because they needed help with Fannie and Freddie.
So if they know about the flaws, which are created entirely due to MERS, what do they actually need help with regarding Freddie or Fannie?
MERS cannot foreclose on people and the service providers have not right to.
The MERS problem is not going to go away, just because the White House refuses to acknowledge it.
What the "People" want to know is, Is the White House going to force the Banks to eat all of those mortgages that Fannie and Freddie now can't trace a clean title to?
The way this article reads, government officials still have no idea that Fannie and Freddie are stuck permanently with all of those home loans, because the act of foreclosure does not belong to them and they have no legal recourse in furthering their ability to do it.
In recent days, amid reports that major lenders have used improper procedures and fraudulent paperwork to seize properties, some Obama administration officials have acknowledged they had been aware of flaws in how the mortgage industry pursues foreclosures.
But the officials said they could take only limited action to address the danger. In part, this was because they wanted lenders' help carrying out federal programs to modify mortgages that had fallen into default or were poised to do so.
New concerns about improper practices - such as those involving faked documents or "robo-signers" who signed tens of thousands of documents without reviewing them - have prompted the mortgage servicing arms of the country's largest banks to freeze millions of foreclosures. As momentum builds for a national moratorium, the administration has begun assessing the potential impact, examining the threat it could pose for the ailing housing market and the wider financial system.
There is no evidence so far that the specific abuses made public in the past few weeks were known to government officials. Nor is it clear whether they were aware that the process of the selling and reselling of mortgages among financial firms - which became extremely common and highly profitable during the housing boom - was raising legal questions about who actually owned the loans and had the right to foreclose if they went bad.
But government officials
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