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by E. Tolle

Tuesday, September 20th, 2011

Roughly 10.4 million mortgages, or one in five outstanding home loans in the U.S., will likely default if Congress refuses to implement new policy changes to prevent and sell more foreclosures, according to analyst Laurie Goodman from Amherst Securities Group. (In addition to the 5 million plus already taken)

Now there’s a story stating that nearly everyone other than those in Congress or not in upper management of a major bank is heading for foreclosure, and the perils that await us if this is allowed to continue unchecked. Then the very next article, also from Housing Wire:

Notice of default filings jumped nearly 70% in California from the previous month, led by renewed activity from Bank of America according to the data provider ForeclosureRadar.

Foreclosure starts increased in five West Coast states from the previous month: California, Arizona, Washington, Oregon and Nevada.

BofA foreclosure starts more than doubled in August, jumping 116% from the previous month. Wells Fargo and U.S. Bank also showed increases but fell short of the BofA restart, according to ForeclosureRadar, which monitors West Coast states.

“While it can’t be said for every state in the nation, we are seeing continued improvements in foreclosure volumes in many areas of the country, and that is a potential harbinger for housing market recovery,” a BofA spokesperson said. “Strong gains like that from July to August demonstrate our progress – primarily in non-judicial states like California and Nevada – clearing more volume to advance to foreclosure once we pass the numerous, improved quality controls we have in place and only after all other options with homeowners have been exhausted.”

The first story discusses the obvious in your face dangers of a nation pursuing foreclosures upon nearly everyone holding a mortgage. The very next story in the same publication quotes B of A as saying that they are experiencing “continued improvements” in ratcheting up the foreclosure machine.

Have we yet heard the results from the Cease and Desist orders from the OCC? John Walsh demanded corrections on the very same issues that AZ’s AG is itching to sue on as we speak. What’s wrong with this picture? The crooks are again allowed to go back to business as usual, even though absolutely NONE of the defects (read: FRAUD) that were detailed by the normally asleep at the Wheel John Walsh slapped B of A and others for just late spring. This is dereliction of duty on the OCC’s part, and an obvious failure to adhere to a regulators orders on the part of B of A. Where in the world is Congress? Where’s Obama? Where’s the Justice Department? The FBI? Does anyone care about laws any longer?

It’s a sad state of affairs when we’re reduced to a few AG’s and two county recorders going after the most significant crimes against humanity of all time….and our government watches from the golf course. “Hell of a shot Boehner,….Thanks Barack…”

25 Responses

  1. For Mario,

    Contrary to your belief that things are fine in Cal., they are not. The major banks are still pursuing illegal foreclosure actions against many. At least in Northern Cal.

  2. Having moved out of our home in Cal since Wells sold illegally during course of in’force forbearance agreement, we have resigned to the fact that this is hopeless. Even our attorney has, with our consent, decided to dismiss unlawful foreclosure part of suit. Chalk up one more house that the bank(s) now own.

  3. tnharry,
    more proof that scumbag attorneys like you have no respect for the Law, namely the 1st Amendment and the Common Law from whence it came.

  4. Maybe I put the original comment on another page Anyhow all press in “Give me Liberty” and look for an article called
    (stealing a nation the isms of social progressivism by Jon Christian Ryder)

    It is a summary of how our Nation ended up in this massive forecclosure fraud.

  5. @e Tolle, Carie, Mario Kenny, Fury, John Galt,Lies are all they tell and everyone else too

    I left out a lot of names for the below posting please all of you on the foreclosure sites trying to stop this massive fraud, read it too.

  6. Whoops—here it is:

  7. Another really good Dylan Ratigan video from Friday—re. money corrupting politics—must watch!!!

  8. If you haven’t seen already—a must watch Dylan Ratigan video re. the truth of the banks:

  9. more proof that there is no moderation of comments….

  10. “Judge, by what authority do you overturn the standing decisions of the United States supreme Court. You sat on the bench while I read that case law. Now how do you, a District Court Judge, have the authority to overturn decisions of the Supreme Court?” He says, “Oh, those were old decisions.” I said, “Those are standing decisions. They have never been overturned. I don’t care how old they are; you have no right to overturn a standing decision of the United States Supreme Court in a District Court.”


    He said, “Name any decision of the Supreme Court after 1938 and I’ll honor it, but all the decisions you read were prior to 1938, and I don’t honor those decisions.” I asked what happened in 1938. He said, “Prior to 1938, the Supreme Court was dealing with Public Law; since 1938, the Supreme Court has dealt with Public Policy. The charge that Mr. S. was being tried for is a Public Policy Statute, not Public Law, and those Supreme Court cases do not apply to Public Policy.” I asked him what happened in 1938. He said that he had already told me too much–he wasn’t going to tell me any more.


    Well, I began to investigate. I found that 1938 was the year of the Erie Railroad v. Tompkins case of the Supreme Court. It was also the year the courts claim they blended Law with Equity. I read the Erie Railroad case. A man had sued the Erie railroad for damages when he was struck by a board sticking out of a boxcar as he walked along beside the tracks. The district court had decided on the basis of Commercial (Negotiable Instruments) Law: that this man was not under any contract with the Erie Railroad, and therefore he had no standing to sue the company. Under the Common Law, he was damaged and he would have had the right to sue. This overturned a standing decision of over one hundred years. Swift v. Tyson in 1840 was a similar case, and the decision of the supreme Court was that in any case of this type, the court would judge the case on the Common Law of the state where the incident occurred–in this case Pennsylvania. But in the Erie Railroad case, the supreme Court ruled that all federal cases will be judged under the Negotiable Instruments Law. There would be no more decisions based on the Common Law at the federal level. So here we find the blending of Law with Equity. This was a puzzle to me. As I put these new pieces together, I determined that all our courts since 1938 were Merchant Law courts and not Common Law courts. There were still some pieces of the puzzle missing.


    Fortunately, I made a friend of a judge. Now you won’t make friends with a judge if you go into court like a ‘wolf in black sheep country.’ You must approach him as though you are the sheep and he is the wolf. If you go into court as a wolf, you make demands and tell the judge what the law is–how he had better uphold the law or else. Remember the verse: I send you out as sheep in wolf country; be wise as a serpent and harmless as a dove. We have to go into court and be wise and harmless, and not make demands. We must play a little dumb and ask a lot of questions. Well, I asked a lot of questions and boxed the judges into a corner where they had to give me a victory or admit what they didn’t want to admit. I won the case, and on the way out I had to stop by the clerk’s office to get some papers. One of the judges stopped and said, “You’re an interesting man, Mr. Freeman. If you’re ever in town, stop by, and if I’m not sitting on a case we will visit.


    Later, when I went to visit the judge, I told him of my problem with the supreme Court cases dealing with Public Policy rather than Public Law. He said, “In 1938, all the higher judges, the top attorneys and the U.S. attorneys were called into a secret meeting and this is what we were told: America is a bankrupt nation–it is owned completely by its creditors. The creditors own the Congress, they own the Executive, they own the Judiciary and they own all the state governments. Take silent judicial notice of this fact, but never reveal it openly. Your court is operating in a Admiralty Jurisdiction–call it anything you want, but do not call it Admiralty.


    The reason they cannot call it Admiralty Jurisdiction is that your defense would be quite different in Admiralty Jurisdiction from your defense under the Common Law. In Admiralty, there is no court which has jurisdiction unless there is a valid international contract in dispute. If you know it is Admiralty Jurisdiction, and they have admitted on the record that you are in an Admiralty Court, you can demand that the international maritime contract, to which you are supposedly a party, and which you supposedly have breached, be placed into evidence. No court has Admiralty/Maritime Jurisdiction unless there is a valid international maritime contract that has been breached. So you say, just innocently like a lamb, “Well, I never knew that I got involved with an international maritime contract, so I deny that such a contract exists. If this court is taking jurisdiction in Admiralty, then place the contract in evidence, so that I may challenge the validity of the contract. What they would have to do is place the national debt into evidence. They would have to admit that the international bankers own the whole nation, and that we are their slaves.


    But the bankers said it is not expedient at this time to admit that they own everything and could foreclose on every nation of the world. The reason they don’t want to tell everyone that they own everything is that there are still too many privately owned guns. There are uncooperative armies and other military forces. So until they can gradually consolidate all armies into a WORLD ARMY and all courts into a single WORLD COURT, it is not expedient to admit the jurisdiction the courts are operating under. When we understand these things, we realize that there are certain secrets they don’t want to admit, and we can use this to our benefit.

  11. Does anyone have information on why B of A has ramped up its foreclosures in California? It must be a strategic decision. Why? Is it relayed to the negotiation going on with the states’ AG’s? With B of A facing financial crisis? Do they think the foreclosure door will slam shut?

    … Fred

  12. I look at my friends in CA, and they are doing just fine, the case has to be in the BK court, the Federal court and the superior court all at the same time. A litigant has to have the subsistence to fight and do it very well.

  13. Crimes against humanity…what a blight in American history this is…

  14. Notice of Defaults jumped in California because the courts have said,’We dont’ care, and you can’t sue” then to add insult to injury, anyone with the gumption to pursue a lawsuit and appeal it, has to pay the costs of the appeal. Sucks to be in Cailfornia.

  15. Borrowers need to learn to be prepared. Have an escrow
    account for the mortgage payments not being sent into
    the servicer and or owner of the note.
    Ask the entity being paid if they have authority to modify
    the note. If not how to communicate with the owner of the
    note about a modification.

  16. I think B of A is in high gear, stealing all the houses they can in the nonjudicial states, because they are going down. This is a last mad dash to loot and pillage as much as they can.

  17. “This is dereliction of duty on the OCC’s part, and an obvious failure to adhere to a regulators orders on the part of B of A.”

    Walsh is a captured crony regulator. He is doing a swell job for his bankster masters, although it is a slap in the face to the taxpayers who foot this creature’s salary. I’ve pointed out this man’s corruption and asked those who rank above him numerous times that he be forced to step down. Hopefully, some others will request it too.

  18. Maybe if Fox and Google’s host want one and two to be Romney and
    The Govenor from Texas, when we the people vote on Saturday for florida’s straw poll, they will realise the man to solve the economic stress in the nation is Ron Paull and vote him in

  19. Chris , you are exactly right , I have all my evidence and a few aces up my sleeve , will I triumph , is my health and sanity wort this house ? I will strip it to bare bones anyway , we don’t owe a thing because of a Chapter 7 and B of A wants me to send them the court documents that state that , go to Greenbelt Md and get your own damn copies but you nailed it , is this OUR country ? I just wish I could laugh and enjoy life like I used to , but I have so much anger and hate built up inside me after 4 + years of this crap I don’t know if my marriage will last and I cannot be a good father or grandfather because it has affected me to that point , God help us all.

  20. I am really outraged to read that these banks are still, still pursuing to foreclose on homes!! They are one of the main reasons many homeowners are facing foreclosure, had the banks helped people in distress from the beginning instead stalling and delaying causing people to fall further and further behind in their t payments, we would not have this current situation! I am one of those people, I requested a HAMP loan modification in 2009 when I first started to get into trouble, it wasn’t until 2011 that I was denied a modification, by then I was 8 months behind in my morgage payments!! Had I gotten a loan mofication when initially requested, I would not be in the trouble I am in today!!

    Also, with FHA mortgage loans, the homeowner is required to maintain PMI insurance on the home, so when the banks collects the PMI insurance payment from a distressed home, who owns the home at that point…certainly NOT the banks, as they were paid off???

  21. Whenever the people decide they have had sufficient reason to see that they have been plundered, they may climb over the highest gate and do what is right. It may not happen for 100 years or it may not happen at all.

  22. Man , are you guys really thinking justice will be served the benefits us , the peasants??? the boston tea sparked a war over unfair taxes on freakin tea !!!! I did not it to come to this ,Now Is The Time For ALL GOOD Men To Come To The Aid Of Their Country – Prepare for Civil War II -I wish our justice system was not as dirty as our government , I do not consider them my elected officials anymore , it all about who donates what to whom and how it benefits them down the road , may God have mercy on my son and grandkids. and your children and families as well -Malco

  23. There is relatively no help. Retainers for an attorney cost $5-10,000, which most people in distress cannot afford, so Pro-se is the only option. The banks dangle and drag you around and have the resources to lie, cheat and forge documents, while you scramble to find meaningful, sustainable work to pay what you have agreed to, as a decent person. The fallacy that everyone bought what they could not afford is just that, a lie! It is my opinion this is the “greatest scam” ever perpetrated on human kind and the participants are numerous and enabling the financial giants to steal houses and billions of dollars, maybe trillions, while every single homeowner is affected. This is an outrage and the every single law in the land relating to property ownership and proper filing, even appropriate due diligence is being compromised, while our legislatures turn a blind eye and attorneys in every state rake in millions too and understand the meaning of what they are doing and sell the entire country out for money! Everyone in this mess is “NOT A DEADBEAT”. Some of us just need an olive branch and get nothing but disdain and loss of an entire lives work. Are we still in America?

  24. Good morning Neil, I’ve been doing some digging in NH as Ms. Ingress goes Federal on Wells Fargo, AHMSI…..

    KingCast/Mortgage Movies sees Attorney Paula Lee Chambers join Shawn Masterson in the liar’s club in nasty Wells-Fargo case: Ingress v. AHMSI 2011-CV-373.

    Still no original docs despite the representations made by Attorney Masterson….. so you gotta figure by now he’s lying or would have body-slammed me with the documents so hard I couldn’t see straight….

  25. How high can a gate be built?.

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