http://news.firedoglake.com/2011/01/06/floridas-killer-presentation-on-foreclosure-fraud/
If you do nothing else today find the time to flip through the Florida AG's slide presentation and see for yourself why the foreclosure fraud is being made such a big deal of.
Foreclosure is running unchecked, across this country and all the banks used the same system, which is the one the Florida AG has outlined here for you.
I seriously doubt that another foreclosure can legally take place anywhere in this country unless the note was procured after "the light of reason" showed just how illegal the banking foreclosure procedures where.
Ladies and gentleman , this country has been systematically raped and robbed by it's own investment banking elite, who not only knew better, but they personally designed the system in which to do it in.
It's time that their wings were clipped and cuffed, and that they be instituationalized like the jail birds they should be.
There is no more turning a blind eye to the elite, it's now time to place them under the heat of the magnifiying glass under the full glare of the sun.
I’ve mentioned this report from the Florida Attorney General’s office twice now, but I thought I’d highlight it again, because it makes the issues in foreclosure fraud so completely clear. The report consists of 98 slides, laying out the specific activities of mortgage servicers, foreclosure mills and the parent company banks to swindle homeowners and pursue illegal foreclosures with fraudulent documents. It’s a full pictorial history of the past decade in the mortgage industry, complete with actual shots of improper mortgage assignments. They show the same name of a bank officer being written four different ways, clearly forged. They show stamps from notarizations that expired after before they were used to certify foreclosure documents.
I don’t have a copy of the script that goes along with this presentation, but the slides make it very clear. In slide 7, you see the text “The History of Mortgages in America: Banks used to take the original note and mortgage and secure it in a vault.” That simple line shows how radical a change we’ve seen in the past decade, where notes are traded like bubble-gum cards, routinely lost or not conveyed properly at all, and then mocked up and forged after the fact. Slide 14: “Keep in mind these are some of the largest banks in the country… losing ownership paperwork!”
Starting with Slide 15, the presentation explains why the assignments of mortgages used in foreclosure cases are completely invalid, leading to an ineligibility to foreclose, and total chaos
