http://4closurefraud.org/2010/10/10/4closurefraud-exclusive-president-obama-falls-victim-to-chase-robo-signer/
I think David Axelrod may live to regret those words,
especially after the public finds out that Obama was the victim of Robo-signer.
Check it out kids, there is definitely no mistaking it.
“The Obama administration opposes a moratorium on home foreclosures, but wants problems involving improper paperwork resolved as quickly as possible, senior adviser David Axelrod said Sunday.”I’m not sure about a national moratorium,”
Showing posts with label foreclosure moritorium. Show all posts
Showing posts with label foreclosure moritorium. Show all posts
Sunday, October 10, 2010
Friday, October 8, 2010
Bank Of America halts foreclosure in all 50 states
http://market-ticker.org/akcs-www?post=168584
Containment has been breeched Captain.
and the ship is going down.
Think Titanic, because that's how big and bad this is.
Containment has been breeched Captain.
and the ship is going down.
Think Titanic, because that's how big and bad this is.
Thursday, October 7, 2010
Grayson Sends Letter To Geithner, Bernanke Demanding Foreclosure Freeze, Warns Of Systemic Bank Failure Risk
http://www.zerohedge.com/article/grayson-sends-letter-geithner-bernanke-demanding-foreclosure-freeze-warns-systemic-bank-fail
The cats out of the bag now kids and it's running wild
Obama didn't give into the bankers
Everyone in the country is listening to this
And waiting for their reply!
Alan Grayson is back on the scene, having sent a letter to Financial Stability Oversight Council which includes pretty much all of Wall Street's pawns, including Bernanke, Geithner, Bair, Gensler, Walsh, and DeMarco, in which he asks the FSOC to "suspend foreclosures until this problem is understood and its ramifications dealt with." And the ramifications, per Grayson, Zero Hedge and everyone else, will be dire for the banking sector: "So far, banks are claiming that the many forged documents uncovered by courts and attorneys represent a simple 'technical problem' with foreclosure processes. This is not true. What is happening is fraud to cover up fraud... The banks didn't keep good records, and there is good reason to believe in many if not virtually all cases during this period, failed to transfer the notes, which is the borrower IOUs in accordance with the requirements of their own pooling and servicing agreements. As a result, the notes may be put out of eligibility for the trust under New York law, which governs these securitizations. Potential cures for the note may, according to certain legal experts, be contrary to IRS rules governing REMICs. As a result, loan servicers and trusts simply lack standing to foreclose. The remedy has been foreclosure fraud
The cats out of the bag now kids and it's running wild
Obama didn't give into the bankers
Everyone in the country is listening to this
And waiting for their reply!
Alan Grayson is back on the scene, having sent a letter to Financial Stability Oversight Council which includes pretty much all of Wall Street's pawns, including Bernanke, Geithner, Bair, Gensler, Walsh, and DeMarco, in which he asks the FSOC to "suspend foreclosures until this problem is understood and its ramifications dealt with." And the ramifications, per Grayson, Zero Hedge and everyone else, will be dire for the banking sector: "So far, banks are claiming that the many forged documents uncovered by courts and attorneys represent a simple 'technical problem' with foreclosure processes. This is not true. What is happening is fraud to cover up fraud... The banks didn't keep good records, and there is good reason to believe in many if not virtually all cases during this period, failed to transfer the notes, which is the borrower IOUs in accordance with the requirements of their own pooling and servicing agreements. As a result, the notes may be put out of eligibility for the trust under New York law, which governs these securitizations. Potential cures for the note may, according to certain legal experts, be contrary to IRS rules governing REMICs. As a result, loan servicers and trusts simply lack standing to foreclose. The remedy has been foreclosure fraud
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