Just 47 years ago, on November 22, 1963, President John F. Kennedy was assassinated in Dallas, Texas. This marked the turning of the American National Security State apparatus against its own leadership.
Those of us who were alive that day all remember this sad photo of Vice President Lyndon Baines Johnson being sworn in as President of the United States following the assassination of President Jack Fitzgerald Kennedy.
In a 2007 analysis of bankruptcy mortgage claims, University of Iowa law professor Katherine Porter found that about 40 percent of the time, banks didn’t provide the proper paperwork—specifically, the note—to enforce a mortgage claim...
This is really not hard to understand or get right. Foreclosures now are producing losses that exceed 70% of the mortgage balance on average. A deep principal mod for viable borrowers would be a win-win for everyone besides the servicer...
In this Russia Today interview Daniel Estulin describes the role the Bilderberg Group is playing in the destruction of "Nation State Republics" in the west. The best part of the interview starts at the 4 minute mark.
Matt Taibbi explains how our system of title transfers which is hundreds of years old is being thrown out and replaced by the MERS system. Matt talks about how the banks are creating fraudulent paperwork for the courts.
As much as I’ve read plenty of reports of dubious judicial behavior in Florida, I still find myself appalled when new stories crop up.
Did you catch that? This is pure Keystone Cops. Countrywide can’t find the note, then says it has located the note, then it submits a lost note affidavit dated BEFORE the date when the note mysteriously appeared!
The banks are in serious trouble if there are widespread securitization fails. If the loans weren't transferred to the securitization trusts, then they are on bank balance sheets, which means that (1) the losses on the loans are the banks...
The attorney for the foreclosure mill was put on the stand and said that she had transferred a note from an originator, which at the time of the assignment, was bankrupt. That entity had no way of authorizing this action, since it no longer had any..
Jim, the author of JFK and the Unspeakable: Why He Died and Why It Matters, demonstrates that John F. Kennedy was assassinated not by the usual "lone nut," himself killed by another lone nut, but because he turned towards peace.
As one hedge fund investor noted, “Whenever we’ve gotten into situations on the short side, no matter how bad we think it is, it always proven to be worse.” The mortgage securitization mess looks to be adhering to this script.
In this MSNBC interview Matt Taibbi of Rolling Stone magazine explains the greatest fraud in American history.
If in fact no transfers took place then the entire MBS chain is arguably void as there are no mortgages in the securities. This would constitute the largest fraud ever perpetrated upon investors in the history of the world.
The report goes through the fact that the land recording system that was set up in this country in the colonial age has only recently been disrupted by the advent of MERS, the electronic registry which short-circuited that process...
Why is it that neither I or anyone else that I'm aware of has actually seen any properly-conveyed notes?
When an impressive contrail was spotted off the California coast last week, it sparked widespread reports of a mystery missile launch in the area – a theory the Pentagon squashed, but the odd contrail was even seen from space.
This law would allow the banks to just make up documents and use them to take your house, even if they couldn't actually find the title to your house (because they'd sold your mortgage, say, or because you don't have a mortgage).
Editor Note: For over 6 years I have waited for the MERS "Ponzi Scheme" to come to the knowledge of the general public. But now as the greatest fraud of all time is starting to come to light, the congress decides to enshrine it in law...
What this means is that the government will throw contract law out the window under the guise of punishing the banks. Instead they will screw the average homeowner facing foreclosure, for the benefit of the banks.
They really are going to try to override the Presidential Veto tomorrow (11/17/2010) This will be a death blow to the Rule Of Law in this republic, as well as the end of over 200 years of real estate law at the state level.
The 50 state attorneys general are in negotiations over an agreement over foreclosures...
If in fact basically none of these notes have been properly conveyed into the trusts, and as such the trusts are a legal nullity, then investors have spent billions of dollars as unknowing participants in a massive fraudulent scheme.
Sheriff Dart and his deputies pulled an unscientific sample of 400 foreclosure cases processed by the courts. He said they found that only 20 of them had the proper paperwork and that the others were missing “very significant” documents.
We get the judges' side, which is rather hilarious: "there is no evidence, nothing has been presented to us in the 4th circuit, that there is any fraud being perpetrated upon the court.
In every case involving a trust, the original mortgage assignment to the trust was missing. Wells Fargo used Assignments prepared years later – most often within a few months of the foreclosure – and often prepared AFTER the foreclosure was filed.
Israel has decided that America is going to war with Iran. The new congress, the one Israel openly boasts is under their total control, will make it happen, it was why they were put there. The upcoming war will leave the United States crippled...
Jesse goes inside the secret billionaire’s boy’s club to find out what caused the financial meltdown and how the group allegedly continues to manipulate and control the stock market and oil, gold and silver prices. From Wall Street to Washington, the
The Congressional Research Service issued a memo to prepare members of Congress to rebut and defuse questions constituents were asking regarding Barack Obama's presidential eligibility under the "natural born citizen" requirement of the Constitution
Their stated mission isn’t to decide right and wrong, but to clear cases and blast human beings out of their homes with ultimate velocity. They certainly have no incentive to penetrate the profound criminal mysteries of the great American...