Posted by MortgageFraudNC . on Thursday, May 23, 2013,
Bankers go free while cops tase peaceful protesters and the Department of Justice targets journalists
... Continue reading ...
Finding Pooling and Servicing Agreements (PSA’s) for Securitized Mortgage loans could Kill your Foreclosure
Posted by MortgageFraudNC . on Monday, April 15, 2013,
The “Pooling and Servicing Agreement” is the legal document that
contains the responsibilities and rights of the servicer, the trustee, and others
over a pool of mortgage loans. The Pooling and Servicing Agreement can
be a stand-alone document or it can be part of another paper, usually
called the “Prospectus.” If the securitization is public, these
documents must be filed with the Securities and Exchange Commission
(SEC), and will be available to the public at www.s... Continue reading ...
Maggie Walker fighting foreclosure in (Wake County) Raleigh, NC
Posted by MortgageFraudNC . on Sunday, April 14, 2013,
Mortgage Fraud in North Carolina | NC Homeowner Faces Illegal Foreclosure by American Home Mortgage
Part 1 North Carolina Mortgage Fraud.
Maggie
Walker, NC Homeowner, has been fighting for 4 years to keep her home.
She has been subject to Mortgage Fraud & Illegal Foreclosure from
Too-Big-To-Fail Banks, Mortgage Companies & their Attorney, Gerald
Shapiro & Grady Ingle.
Maggie wants to thank Erin
Brockovich, who taught her that "it only takes one person to make a
change". ... Continue reading ...
FHA needs $943 Million Bailout
Posted by MortgageFraudNC . on Sunday, April 14, 2013,
(Reuters) - The
cash-strapped Federal Housing Administration will likely require a $943
million taxpayer bailout to cover expected losses on loans it insured as
the U.S. housing bubble was deflating, the Obama administration said on
Wednesday.
It would be the first bailout of the government's mortgage insurer in its nearly 80-year history. The
White House estimated the FHA has about $30 billion on hand, but said
its cash reserves would likely be swamped by souring loans. FHA
Commissioner... Continue reading ...
Warren on Banking Committee Hearing – Illegal Foreclosures and The Independent Foreclosure Review
Posted by MortgageFraudNC . on Sunday, April 14, 2013,
“You have made a decision to protect the banks
but not to help the families who were illegally foreclosed on.
Families get pennies on the dollar for being the victims of illegal
activities. And you know of cases where the banks broke the laws, but you are not going to tell the homeowners. People want to know that their regulators are watching out for the American public, not the banks.” “You work for the people not the banks"! http://www.youtube.com/watch?feature=player_embedded&v=... Continue reading ...
Home Owners Across the Nation Sue All Bank Servicers and Their Offshore Havens;
Posted by MortgageFraudNC . on Tuesday, May 8, 2012,
Spire Law Officially Announces Filing of Landmark
Lawsuit
Largest International Money Laundering Network in History
Formed During Obama Administration; U.S. Banks' Theft of Home Owners'
Money Laundered Through Cayman Islands, Isle of Man and Numerous
Offshore-Based Affiliates
Continue reading ...
Dozens Occupy Home to Defend Raleigh Family Against Eviction, 9 Arrested
Posted by MortgageFraudNC . on Tuesday, April 10, 2012,
99 to 1. Those Odds are Great. Stand Together. Credit: Shawn Rocco/News & Observer: http://bit.ly/HDmBcF
On April 9 in Raleigh, N.C., over 30 community members came out to
help defend a victim of mortgage fraud from her and her family’s
impending eviction (see details below).
At approximately 2:45pm, more than 40 police and over 10 SWAT Team
members descended on the ho... Continue reading ...
RALEIGH NC Homeowner needs our help
Posted by MortgageFraudNC . on Friday, February 10, 2012,
Posted on May 27, 2011 by Neil Garfield
EDITOR’S NOTE: I am tired of reading about how economists express
surprise at the sluggish economy. The same goes for when they express hope at
slightest uptick in any index that is followed, none of which are real
representations of economic activity. As the recent New
York Times Editorial stated, as housing goes, so goes the economy. Housing is
corrupted by the ongoing fraud being perpetrated by Wall Street. We have
fraudulent loans compound... Continue reading ...
OUTRAGEOUS!!! Look at our NC legislative officials talking SMACK
Posted by M Robinson on Saturday, May 28, 2011,
GOP legislator pays jobless worker $8 for yard work,
chides her in email
Post
on May 27, 2011 by Sarah Ovaska 30 Comments »
Rep. Stephen LaRoque, a Kinston
Republican, was the subject of this Huffington Post story earlier this
afternoon, where it reported he paid one of the 46,000 jobless workers without
unemployment benefits $8-an-hour to do yard work at his house.
The Huffington Post story gave
mention to a testy email exchange Treadway and LaRoque had on Thursday. Scroll
down this... Continue reading ...
MortgageFraud in North Carolina has the support of Take Back the Land
Posted by M Robinson on Thursday, May 26, 2011,
The Take Back the Land Movement is rooted in the following principles:
- Housing is a human right;
- Local community control over land and housing;
- Leadership by impacted communities, particularly low income women of color;
- Direct action oriented campaigns.
The overarching objective of the Take Back the Land Movement correlate significantly with our principles:
- Fundamentally transform land relationships;
- Elevate housing to the level of a human right;
- Community control ...
Continue reading ...
North Carolina Foreclosure Laws
Posted by M Robinson on Thursday, May 26, 2011,
North Carolina Overview
Judicial |
Non-Judicial |
Process Period |
Sale Publication |
Redemption Period |
Sale/NTS |
Yes |
Yes |
110 Days |
25 Days |
None |
Sheriff |
Pre-foreclosure Period
Foreclosures go through the courts when there are title problems. A
lawsuit is f... Continue reading ...
Cummings seeks bank subpoenas on foreclosure crisis
Posted by M Robinson on Thursday, May 26, 2011,
Baltimore
Rep. Elijah E. Cummings on Wednesday requested that the House Oversight
Committee issue subpoenas to six banks he said have refused to
voluntarily provide documents detailing their role in the mortgage
foreclosure meltdown.
Cummings, the top-ranking Democrat on the committee who has made the
foreclosure issue a top pri... Continue reading ...
Raleigh man sues mortgage companies
Posted by M Robinson on Wednesday, May 25, 2011,
Christopher Joy story, http://www.wral.com/news/local/story/8564574/ Continue reading ...
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