The problem with the theory that criminal prosecution of the banks could have a negative effect on the world economies is that the banks have already had their effect on the world economy. Along with their own well-deserved hit to their reputations they took the U.S. reputation and probably the whole Eurozone with them.
Refusing to prosecute is like saying we should not prosecute organized crime — or even the same crimes committed by smaller institutions — because someone might get killed or jailed or swindled out of more money than they already lost.
Our rating has dropped by all accounts in all the rating services — a consequence of not getting our house in order and not controlling institutions whose importance is obviously parallel to that of a water or electric utility. And people are still losing wealth and homes, thus undermining any prospect of a true economic recovery.
Eric Holder’s logic is simply not sustainable and the people of Maryland are doing the best they can to keep criminal banks out of their state. We should all do that, and do what the State of New York came close to doing — revoking the license of criminal banks to ply their snake oil financial products within their state. Now that does something to protect the public and puts everyone on notice that doing business with criminal mega-banks is risky business no matter what the smiling bank representative tells you.
The biggest flaw in Holder’s so-called logic about the banks being too big to jail is that an important part of justice has been thwarted. In fraud cases the victim receives some restitution from a receiver appointed after the culprit’s assets are seized. That can’t happen as long as we avoid criminal prosecution. And until there is criminal prosecution judges will continue to think that borrowers are deadbeats instead of victims.
Investors is the fake mortgage backed bonds issued by empty REMIC trusts that were never funded and thus never entered into a transaction in which they acquired loans deserve restitution. Clawing back the money held in the Cayman’s, Cyprus and other places can never happen as long as criminal prosecution is avoided.
The trust we earned from world central bankers,investors and borrowers has been destroyed and that is what is causing economic problems all over the world. Nobody knows where to put their money or even what currency will ultimately survive. This uncertainty is undermining our claim to moral superiority across the board in matters of state as well as commercial activity. We have opened the door to allowing Chinese firms to take the lead, like Alibaba which has quietly become larger than Amazon and EBay combined and is on track to become the world’s first trillion dollar company.
If we truly want to survive and prosper we can show the world that we know how to do the right thing rather than become an accessory during and after the fact of a continuing crime that ranks as the greatest fraud in human history. When investors get a check from a court-appointed receiver in a criminal case, when we see bankers go to jail, and when the amount demanded from borrowers is reduced by payments to the banksters, THEN confidence will be restored along with wealth, investment and employment.
We are pursuing a going out of business strategy. By holding back on the basis of the Holder Doctrine we are confirming that we lost our moral high ground. Someone will fill that void and don’t think for a minute that the Chinese are not acutely aware of their opportunity.
Remember when we made fun of Japanese products as cheap unreliable imports? They fixed that, didn’t they. The Chinese are now spreading out creating new standards of morality in the marketplace such as not releasing money to an online seller until the buyer is satisfied.
It won’t be long before Chinese currency and currencies pegged to Chinese currency become the standard medium of value replacing western currencies, unless we change and start running a country that controls and disciplines its players domestically and on the world stage.
Money-laundering firm should get no welcome in Maryland
http://www.baltimoresun.com/news/opinion/oped/bs-ed-hsbc-20130325,0,1565911.story
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Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: bank prosecutions, banking, Bond Ratings, business, Confifdence, Cyprus, Eric Holder, finance, TBTF |
Thank you for the auspicious writeup. It actually was a leisure account it.
Glance complicated to far introduced agreeable from you!
However, how can we communicate?
I tend not to drop many remarks, however after looking at
through some of the remarks here Eric Holder Doctrine: Decriminalize Big Crimes | Livinglies’s Weblog. I do have 2 questions for you if you don’t mind.
Could it be simply me or does it appear like a few of these comments
look as if they are written by brain dead individuals?
😛 And, if you are writing on other sites, I would like
to keep up with everything fresh you have to post.
Could you list of the complete urls of your social networking sites like your linkedin profile, Facebook
page or twitter feed?
[…] we all know that, thanks to the Holder Doctrine, the government isn’t going to sue! So if you were a trader or a bondholder, a New York […]
In a word….KGB…….their moles have infiltrated everything…..they pose as many entities….they are all imposters to our Constitutional Republic….these SECURITIES FRAUDS aren’t worth 30 pieces of silver…they aren’t worth jack shit.
The richest nation on the planet….the U.S. of A. does not bow down to any nation or need to borrow/invest with any nation outside of our borders. That is simply a globalist/communist scam to destroy our National Sovereignty ….our freedom and independence as a people & a nation. Bottom Line…these are SECURITIES FRAUDS…NOTHING THEY ARE DOING IS CONSTITUTIONAL OR LEGAL .. and nothing changes that fact…. All of these entities are therefore a nullity…null & void.
Trespass ….. they are all imposters and wanton felons. Without the legal assignment, there is NO SECURITY. Without the Security these entities can be anybody….terrorists….foreign mobsters ..who knows. The Title Companies dumped the Securities Frauds into a Public Trust……a GLOBAL DARK POOL….END OF CLAIM….This is not just a National Security issue, this is a Personal Security issue…The legal assignment joins the note and the mortgage and those 3 documents represent one contract. Without the Legal assignment the former and the latter do not exist. The Legal Assignment is the Security. This is Securities Fraud and it has the entire nation in peril….
The book The Thunder of Justice by Ted and Maureen Flynn, copyright 1993 lays out this entire evil plan and proves beyond a shadow of a doubt these Acts against us were entirely premeditated. It also reveals the long held third secret of Fatima is Russia/ China ….. are the Beast & the Dragon…. and are behind everything bad that has happened to us. Their evil eye committed 9/11 and they are behind all of these financial horrors. They wear many masks and they are not our friends.
@Tresspass
The original contract we signed was fraud…so of course EVERYTHING after that contract is fraud…the WHOLE SYSTEM is fraud upon fraud…upon fraud. Until that is acknowledged, the homes will continue to be stolen, and the perpetrators will keep building fraud upon fraud, and not be called to ACCOUNT for their deeds.
I was talking about theft by conversion, where someone claims to have lost a right and demand a remedy of property and through fraud, deceptive acts, intentional deeds, and documents appearing to support their claim but a discovery of the contents and awareness of those who signed the documents would reveal no one is making a claim, all are suggesting the facts are true to the best of their knowledge. Then there is the paperwork filed as if One is on the payroll of the Grantor and filing on behalf of the Grantor, when that is not true. The Grantor is left out of the process entirely.
So from substitution of trustee, there is no Grantor signature whereas on the original Deed of Trust, the Grantor did sign acknowledging the named Trustee. Then the subsequent filings adding other parties to the property by the Substitute Trustee, who ultimately adds the Grantor as an additional party in the County Records.
When my home was stolen and the Title Deed was transferred, it carried the name of the Substitute Trustee as Grantor and the Pretend Lender as Grantee. I got a certified copy that day and delivered it to the Attorney General’s office. Three days later, that filing was modified and instead of the Substitute Trustee showing as the Grantor and the Pretend Lender as the Grantee, my name was added a the Grantor.
That is theft by conversion to record documents transferring property that should not have been transferred in the recordings when there is no supporting contract behind it, per the Statute of Frauds code in the state.
Stripes, I agree with your comment at http://livinglies.wordpress.com/2013/03/25/eric-holder-doctrine-decriminalize-big-crimes/#comment-209301
Who will enforce the enforcer of contracts.
Judges are supposed to enforce them or declare them null and void.
I don’t want to contract with a court, and accept their unjust decision, just to “try” keep someone from creating or operating a contract by fraud.
http://www.operationrest.org/WrongfulForeclosure
Factual issues inherent in determining issues of agency may preclude summary judgment before discovery into the agency issue has been completed. See Vance v. Barton-Malow Thatcher, Inc., 680
So. 2d 492, 494 (Fla. 1st DCA 1996).
The sheisters lost track of their Securities Frauds so they dumped them in a Global Dark Pool…..AKA..ONE PEOPLES PUBLIC TRUST…., Oh Hell No Your Not…!
Or are you talking about the illegal Re-purchases of the Securities Frauds….? They are ignoring the fact these are Securities Frauds and are committing heinous Acts of perversion with these Frauds. They are sick, evil perverted control freaks. These re-purchased securities frauds should be called Sanduskys…they are sick perversions.
You are talking about illegal conversion of the title tresspass? Is that what it’s called…? I thought that was called illegal conveyance or illegal reconveyance. Whatever it’s called it’s unconstitutional, illegal, criminal and evil.
There has to be a Contract and the Contract can only exist if both parties Perform on that contract….any act of fraud renders that contract a nullity….and when it comes to financial contracts, disclosure of every aspect of the financial transaction must be given. There are 2 parts that make a signature Legal….signing & full disclosure. Notice must be given if there are any changes to that contract.
An unauthorized assumption and exercise of the right of ownership over goods or personal chattels belonging to another.
Their paper securities were used to claim a right they did not have, and with the use of their fraudulent documents, judges issued orders to have people terrorized out of their homes.
Do you not remember images of people squatting and not leaving and streaming the video of their stay on the internet and police storming the home, seeking the video first to stop the stream and ‘arresting’ (kidnapping) the people and causing all kinds of additional financial problems when they tried to protect their right to ‘no be evacuated from the building’ of their property.
Theft by conversion via terroristic act.
Trespass Unwanted, Creator, Corporeal, Life, Free, Independent, State, Conscience, Alive, In Being, In Jure Proprio, Jure Divino
If it was only securities fraud, then it’s paper theft only and the people would still be in their homes.
It is theft by conversion.
Trespass Unwanted, Creator, Corporeal, Life, Free, Independent, State, Conscience, Alive, In Being, In Jure Proprio, Jure Divino
Sorry trespass…….this is about the truth…what the Law says about Conversion…..you must create the Security….. Jan Van Eck is wrong on this….The truth is No Conversion occurred. These are Securities Frauds…..nothing more.
Sequestration.
In general, the process by which property or funds are attached pending the outcome of litigation. See also Sequester
Contracts. A species of deposit which two or more persons, engage in litigation about anything, make of the thing in contest with an indifferent person who binds himself to restore it, when the issue is decided, to the party to whom it is adjudging to belong. Civ. Code La. art. 2973.
English ecclesiastical law. The act of the ordinary in disposing of the goods and chattels of one deceased, whose estate no one claims.
Equity practice. A writ authorizing the taking into custody of the law of the real and personal estate (or rents, issues, and profits) of a defendant who is in contempt, and holding the same until he shall comply.
International law. The seizure of the property of an individual, and the appropriation of it to the use of the government. Expropriation.
—————————————————————————
Since this Sequestration has been going on, I find it interesting that WalMart is having problems stocking their shelves. The article doesn’t explain how they can have merchandise in the back of the store such that employees can’t navigate around it, but they make no effort to move it out into the store for sale.
http(colon)//www(dot)bloomberg.com/news/2013-03-26/customers-flee-wal-mart-empty-shelves-for-target-costco.html
I have watched WalMart due to their circular currency system.
They pay their workers such low wages that the workers can only afford to shop at WalMart for their needs. That usually meant what was paid in wages was guaranteed to be received in business and profits in a short turnaround time frame.
Something about the Sequestration, or the reclassifying employees from independent contractors, or something else has affected how they did business.
http(colon)//www(dot)irs(dot)gov/uac/IRS-Expands-Voluntary-Worker-Classification-Settlement-Program.
Yahoo and others recalled their remote employees when that IRS rule was implemented on how they could define a contractor for tax purposes.
Trespass Unwanted, Creator, Corporeal, Life, Free, Independent, State, Conscience, Alive, In Being, In Jure Proprio, Jure Divino
They never converted the instruments. They pretended to convert the instruments. They pretended to lend, securitize and create security entitlements.
It was a pay to play scam.
Person…Name…..the only Persons that matter are the Issuers of the checks/notes….We The People…. and what the Issuer of the Original Bills of Credit did in the taking of those Instruments in our Names.
What that Issuer did with those checks/notes was commit massive Securities Frauds in our Names, without knowledge or consent of the Persons……We The People.
The UCC governs banks and banking RE transactions regarding negotiable instruments, secured transactions, bank deposits and collections and banks responsible for the payment of a check/note. Perfection is the only way to create a secured transaction….Article 3-103 Acceptance & Article 3-303 Consideration, and is evidenced by the Legal Assignment…that is the Security.
You are living lies if you believe this was massive Securities Frauds.
Blacks Law does not have any legal legs RE fc…..these are Massive Securities Frauds.
Nothing more.
It was Theft by Conversion, that’s why Jan Van Eck stated it and that’s why I defined it, so people, here, can see for their selves and not let someone who communicates in the affirmative on this site, or who communicates with authority or a know it all tone, guide them in directions that are distorted.
People have developed their discernment skills a lot, and just because someone ‘tells’ them something is not, doesn’t mean it is so.
We have the technology to go look for ourselves.
There is evidence of the theft by conversion of many things, and the system is caving in on itself. It’s the snake eating its own tail because they wrote in the rules to protect the people from what was done, but the people ‘let them teach us the rules’. So as long as we didn’t know our remedy, they could keep doing what they did.
When we lost ‘confidence’ in them telling us what was real and true and ‘seeked and found’ for our selves, we realized our ‘ignorance was not bliss’, and we were playing a role in our own enslavement by letting the enslavers tell us what we should know.
I bring the Conscience of the information to this blog.
Trespass Unwanted, Creator, Corporeal, Life, Free, Independent, State, Conscience, Alive, In Being, In Jure Proprio, Jure Divino
Black’s Law is the definitions they are using.
If they say you ‘lost’ your home, they are using that definition. If they say you are a ‘person’, they are using that definition. If they ask what is your ‘name’, they are using a definition found in Blacks’s and not Webster’s. and I have told people it seems Henry Campbell Black wrote the rules of the games and defined the words used in the game.
Google ‘Henry Campbell Black’ from the early 1900’s in books.google.com and you’ll find treastise’s written for court and chancery, mortgages, and more. I’ve had my eyes opened by seeing the books that Harvard and other elite universities had on their shelves that we won’t find at amazon.com or available through our regular sources. For that, I’m grateful google wanted to digitize everything.
He defined how they would see and run the world.
I have yet to find a definition on Black’s that contradicts what they are doing.
Black’s provides the true definition of a prisoner.
Webster’s is the fraud.
Books past Black’s Law 5th start changing the definition of some words until later version have distorted or diluted the original meanings. But just like the etymology of a word, to really know something is to know the origin of it.
Trespass Unwanted, Creator, Corporeal, Life, Free, Independent, State, Conscience, Alive, In Being, In Jure Proprio, Jure Divino
Paul McGuire — The Satanic Elite — AMERICAN MIND CONTROL & WORLD GOVERNMENT….
http://newswithviews.com/McGuire/paul151.htm
Did the KGB Arrange the Assassination of J.FK.?
http://www.scientiapress.com/kgb-kennedy
Top 10 Traitors in US History…
http://listverse.com/2010/07/04/top-10-traitors-in-us-history/
This is not “goosebumps news,” these events have already been foretold. On February 28,1982 there was a warning that a great trial would befall all humanity and our godless nation…. the first Act against US would be by a Muslim that wears a long robe and a turban …..he would be connected with Russia and the Russians. He will be a communist he will be an antichrist…he would be very intelligent and well equiped for nuclear war…he will rise out of Mohommedan race…his first Act against us would be on New York…they would be committed by the eye of Satan. They would use missiles that would hit New York City….some would be intercepted but some would not and big, big buildings would fall down. America would know poverty and defeat as a result of this.
I am not frightened of anything Christine….however, maybe you should be.
From 5:35 pm until 8:08 pm, the imbecile has been frightened silly and adding to it by reading goosebumps news. And because misery loves miserable company, she’s been posting everything she’s read that frightens her. You know… for company.
Is there any limit to imbecility?
Friday September 18, 1992 there was a dire warning for mankind ….”I have come because there are terrible events that will befall a godless humanity…”..There will be a New Blood On The Doorpost….and “the mark of a cross on the forehead of all who deplore and disapprove of filth.”..Some “governments’ will begin to protect all sorts of abominations of the devil.”….Congresses and parliaments will make laws against truth, and some have already done so. Those who speak the truth will be considered criminals. It is then that the general persecution of the Christians will begin. The law will prohibit the truth and the law of God.
“…Today as never before we see the Servants of Satan, all of the evil spirits, and Antichrists, openly proclaiming their hatred of God and his kingdom and saying, We are rejecting God and his kingdom, because we shall govern the earth as we ourselves want.”
“In Russia preparations are under way for a world-wide revolution; the forces of hell that control the world will continue to say everything they are doing is for the sake of peace and the welfare of the people, but at the same time they will continue to take away the freedom and the free will from the people.” They will continue to persecute the church, but in another way. The overseer, Leaders of the Red Dragon are so sure they have defeated the nations. And as their dictatorial power throttles the throats of the people, it says “Now you have peace and security,” but, there will be NO SECURITY.”
“From antiquity, God changed the name of Lucifer and gave him the name of the Dragon, the Serpent and Satan, because of his rebellion against the Lord, he always opposes God’s plan.
WOW! I just copied this out of the local paper….. this is the forclosing party? Has anyone seen this before? Plaintiff: BANK OF AMERICA, N.A., SUCCESSOR BY MERGER TO BAC HOME LOANS SERVICING, LP FKA COUNTRYWIDE BANK, N.A.
Interesting link…is the antichrist Russian president Putin….?
http://www.revelation13.net/Putin.html
It’s the Vatican., its D.C…it’s the pope…. it’s the monarchs of Europe & the Germans…its the oligarchs of big business…it’s wall street….it’s Congress ..the Senate….the plutocrat politicians…its the 8 illuminati banking families….it’s the rothschilds…it’s the fourth Reich…the 13th bloodlines……its the Jews…the Christians…the bankers ….obama & co…..the masons…the cops…the greeks……..the lawyers….the media….the judges…..the courts…the governments ….the FED…..
What it really is….. the Ancient Brotherhood of Luciferians…the Synagogue of Satan.
There was a prophecy from Fatima that if the heart of Russia was not converted by a life of prayer & pennance, consecrated to God, Russia and the Red Dragon of Communism would spread her errs of Communism all over the world and, the U.S. would have much to suffer as a result.
Fear of the result of the third secret being revealed would plunge the church and the capitalist west to be entrapped by the U.S.S.R..
The third Secret of Fatima was revealed and it is Russia.
The prophecy goes on to warn mankind the seat of the Antichrists rule would be in Rome but not its physical presence. We were told to pray for the hard hearts of men to avert coming cataclysms and the final battle. There would be one last warning before the time of the end. One last chance for Conversion. If the final warning is not heeded and the Conversion does not occur, there will be a horriffic end before a rebirth. If the Conversion occurs, there will be a peace on earth never seen before in history. All former things will be washed away and humanity will believe as they did in ancient times, that there is one God.
If I were a gambler, I would place a hefty bet that Vladimir Putin is the Antichrist. Notice RT NEWS is blaming everything on the U.S. GOVERNMENT yet, this is not our Government.
When you hear the number 666….or the name of it….the Beast….that is a command from God to pay attention.
CNN reported last week the name of Obama’s car is the Beast…and it ran out of gas at the airport and had to be towed to the airport. The number denoted was 6.5…..that number denotes this is Satan’s little helper ran out of gas….and thiat is proof God is hearing our prayers.
If you are Catholic….read what the Catholic Encyclical says about Feudalism and Usury…..none of what these crooks are doing follows Catholic Church Doctrine.
If you are an American Citizen, read the U.S. CONSTITUTION/BILL OF RIGHTS……it is easy to understand nothing they are doing is Constitutional.
Read the State trust laws and property laws and the law of Conversion in the UCC 3…..nothing they are doing is Legal.
Read the Protocols of the Learned Elders of Zion at the link below. Everything they are doing is immoral, unethical and evil.
Blacks Law is a hoax. Look it up. These imposters are sheisters… they live for the Art of the con. If they can’t con you their fun is over. My God look at what they have done so far. Forget their methods of socialism…communism….. to achieve ..totalitarianism…
This is the Black Hand we are dealing with here. It is all about the Art of the Con….what they can make us believe. They love nothing more than to cause distractions and send us down their rabbit holes.
They are practiced at the Art of Deception…. Wizards of the Art of the Machevillian Con…
They are one true evil.
THIS WAS THEFT BY NON-CONVERSION…..SECURITIES FRAUD …
They gave the illusion a legal contract existed. That is all they needed to do to screw everybody.
I said it many times. It is grand larceny….grand theft of everything We The People worked our asses our entire lives for.
I like Noory…I like Pete Santilli as well..
The truth is, none of this stuff they speak of crazy talk anymore.
This is an open and hostile takeover of our Constitutional Republic.
There is a thief in our house, the U.S.A….
This thief is spying on everyone and operates like a thief in the night.
It is not our Government it is the Synagogue of Satan.
It was definitely theft by conversion, but who will recognize the claim and who will exercise the authority drop the illusion of someone’s right to steal, and protect someone’s right to shelter.
These ‘supposed civilized times’ are as barbaric as the timelines that had no ‘advanced technology’ or computers.
We live in a time where the mentally ill and spiritually under-developed perceive power of the wise and spiritually mature.
It’s easy to hurt someone and be selfish.
It takes power and courage to love someone that has done unloving things and to be self less and not try to harm mirror
Black’s Law 5th Edition
Conversion. An unauthorized assumption and exercise of the right of ownership over goods or personal chattels belonging to another, to the alteration of their condition or the exclusion of the owner’s rights. Any unauthorized act which deprives an owner of his property permanently or for an indefinite time. Unauthorized and wrongful exercise of dominion and control over another’s personal property, to exclusion of or inconsistent with rights of owner. Catania v. Garage De Le Paix, Inc. Tex.Civ.App., 542 S.S.2d 239,241. See also Embezzlement; Equitable conversion; Fraudulent conversion; Involuntary conversion.
Act of exchanging a convertible security for another security. See Convertible securities.
Theft. A popular name for larceny. The taking of property without the owner’s consent. People v. Sims, 29 Ill.App.3d 815, 331, N.E.2d 178,179. The fraudulent taking of personal property belonging to another, from his possession, or from the possession of some person holding the same for him, without his consent, with intent to deprive the owner of the value of the same, and to appropriate it to the use or benefit of the person taking.
It is also said that theft is a wider term than larceny and that it includes swindling and embezzlement and that generally, one who obtains possession of property by lawful means and thereafter appropriates the property to the taker’s own use is guilty of a “theft”. Kidwell v. Paule Revere Fire Ins. Co., 294 KY. 833, 172 S.W.2d 639, 640; People v. Pillsbury, 59 Cal.App.2d 107, 138 P.2d 320, 322.
Trespass Unwanted, Creator, Corporeal, Life, Free, Independent, State, Conscience, Alive, In Being, In Jure Proprio, Jure Divino
I Like Jan! … REPOST! …… Jan van Eck, on October 23, 2012 at 1:32 pm said:
The “break in chain of title” is not properly described as a “civil theft,” but as a “criminal theft,” a larceny, although admittedly in actual practice nobody is going to do anything about it. The difference is that if you describe it as a “theft by conversion” then you can obtain as a remedy, either twice or three times the value of the property converted (depends on the State, of course). In my view, in many cases, suing for “conversion,” even if you still have possession of the home and the adverse has effectively seized the title by filing transfers on the Land Records, is much more profitable. Getting whacked for treble damages on a conversion count takes the fun out of stealing houses. Banksters beware: I will whack you every single time on a conversion count. usually attracts attorney fees also (a nice touch).
Louise,
You bet! Won’t get any truth from St. Kudlow or Anderson Vanderbilt Cooper… Gotta get if from somewhere, right?
Christine: I check out everything. I can cross pollinate between websites, and it gives very good information. After all, the lamestream media is FOS as we all know. You will not get the truth there.
thanks Christine.
And Louise,
Coast to Coast is only fringe up to a point, unless foreclosure defense is fringe. Noory’s interviewed Catherine Austin Fitts, William Black and a few others who’ve been involved in it for a few years. Right now, zero point energy may look fringe but don’t forget that Keshe Foundation has been giving away its patents for a couple of years and those concern cold fusion.
I’m open minded. ‘Cuz the way I look at it, Gallileo was fring for a few centuries andf we’ve come a long way since. And I’m in good place: Paul Hellyer, former Canadian Defense Minister, is in it up to his eyebrows. Good company, if you want my opinion…
What we are dealing with here in America today are inhuman acts by inhuman beings. They have broken not only every manmade law in America with impunity but everyone of Gods commandments. That is all the proof anyone needs.
I have nothing to “come clean” about christine. You and your comrades however, are the lowest of the low and the worst of mankind. It is always the first one to hurl the stone, who lives in a glass house. Therefore that would be all of you. I won’t take your rotten cheese as bait. I won’t stoop to your low level. I have too much respect for myself to allow the lowest form of life on the planet to force me to engage in your evil.
This is all about control by evil for evil and I for one will not be a party to it. You should really work on getting your own house in order before you worry about anyone else’s house. God knows major renovations are necessary and needed.
Obama & co are carrying out the evil agenda of the S.O.S….they are being well paid to deceive the many into believing they are the enemy. There is one enemy. Their Babylonian Talmudic belief system. It is evil, unconstitutional & illegal.
They said they would send the nihilists upon us….that is exactly what they have done. They have put in power the worst degenerates and most immoral agents they could find. Look into every one of their pasts. They have all done evil & even unspeakable things and no one bothers to look past their facades. The bad seeds were planted long ago and this is the result.
Louise,
Government is not spying on us. However, scumbags who still don’t have a clue are, indeed, snooping but it will be short lived. I’m not worried. Pissed? You bet! Worried? Naw…
Stripper,
I’d tell you to go F. yourself but you might enjoy it too much. Remember what the end road is. And since you believe in that odd thing you call Gawd, remember also that, in your belief system, you’ll have to come clean. Might take a while… I’d start now if i were you.
Congress and the Senate have done nothing but bitch & moan about everything so that makes them Suspect #1…..they have all the power to stop anything Obama does even during times of manufactured war such as these. They are all in the kabal AKA The big fat EVIL Synagogue of Satan. Congress & the Senate are Gog & Magog on U.S. soil…….everyone else, including Obama & co are pimps and whores of Babylon.
If you don’t like it Christine…don’t come around here no more. The facts don’t lie.
I agree they are kicking many while they are down…car title loans…cash for gold, pawn shops, and other vulture joints have popped up everywhere. That’s when you know the place has gone to the vultures.
This is a conspiracy of evil by evil doers who worship evil. The drones are a perfect example of this. They have drones the size of mosquitoes to take innocent people out…. What do you call that…? Call it what you want, I call it evil Acts by evil doers and we are all bearing witness to it in one way or another.
I recommend the book The Thunder of Justice by Ted and Maureen Flynn, Copyright 1993. The evidence is all in there. These worshippers
of evil have been planning this for a long time. They instituted this phase of their evil plan to rob us and re-distribute our wealth at the Rio Summit in Brazil in June of 1992.
Christine: speaking of alternative stuff–check out Mesh Network an alternative Internet (in case they try to censor the Internet we now have) that is parallel and wireless. Check it out. It probably will be the way to go to avoid the govt snooping in your Internet even more than they do now. Had some fool outside my house today, but I got his license plate. I now have the scum%&$s at (blank) servicing as my new servicer.
Now, it’s two for the price of one! Hilarious.
Let take the bank blatant disregard to the public right now with the 300% payday loans that are more than loan sharks were charging and that not legal. However Obama who been this lame duck has shown not stomach for actually dealing with the banks because he is the banks.
You cannot take $1.7 billion in the largest percentages from bank interest donations and expect for Obama not to work for their interest. As a black person I see where all the other blacks in my family and around us have lost their mind behind Obama Presidency.
However it not stop us from the ungodly behavior, and if anything it gotten worst, just take the 17yr old and the 10yr old that shot the 18 month baby in his stroller. I have never heard of something like that other than Ghaddafi grandchildren (two toddler and one infant) that were in there home when we bomb the personal resident of Ghaddafi’s son’s home.
We drone attack suspects homes in Pakistan with drones and murdered every one inside, yet we expect the same man giving horrible orders in a war that been over 11yrs ago, to care about the 10 million that have been foreclosed since Obama been in office.
I see the pure evil but the devil got a silver tongue, and has this far persuaded to keep their pie hole shut, in hopes that Obama would pull them out the fire. However Obama talking about everything else what hurting blacks hurt by this crisis!
Now here comes the part after over 4yrs of trying to fight and get people their homes back, that I am called a Uncle Tom because I don’t fell Obama don’t JACK!
These agents of evil and their agencies have seduced a large part of the nation into their evil global cult. By many secrets and methods they have many people believing a lot of lies about who they are and what they want. They are evil and want our total acceptance and devotion to evil.
The only thing I hold dear is my freedom & independence from anything evil.
Forced cooperation is not acceptance of evil, it is in fact, the face of evil. ..
They have used fraud to hijack our freedom & independence and as a direct result they have their evil boot on the throat of our Life, Liberty and Property.
Because I know who my enemy is, I recognize its evil calling card.
Therefore, I refuse to cooperate with it and what I cannot refuse to cooperate with to see my basic needs are me, t empowers me to free myself from their evil clutches even more.
Mister Garfield, why won’t you allow my comments about GNMA? I hope it’s because you want to run with it yourself. Please do.
The function of gnma is to guarantee / insure va and fha loans for the benefit of the lender. With the explosion of securitization, it appears gnma has made a new contract with issuers of mbs’s which impacts the rights of the investors and the duties of the issuer. In short, the issuer is to make and keep the investors whole.
The issuers may then benefit from gnma’s guarantee.
from GNMA
“In the Ginnie Mae program, Issuers are financially responsible for their securities, even if the underlying mortgage collateral becomes delinquent.”
jg: so the issuer of securities remains liable (“responsible”) for payment to the investors on the securities it issued.
If that’s true, then the issuer is primarily liable to the investors, not the borrower.
“While the GSEs are responsible for the financial losses related to the loans in their investment portfolios and MBS, the Ginnie Mae Issuer must make principal and interest pass-through payments to investors for delinquent loans, as well as provide the funds to re-purchase loans to foreclose on a home or modify a loan.”
jg: the issuers must 1) continue payments to the investors on the securities and 2) repurchase the loan to a) foreclose or b) modify. This says to me that trusts should never be the foreclosing party on
fha or va loans. “repurchase loans to foreclose”. If they do it anyway (prompted by the issuers), it’s possible if not likely they are abandoning the GNMA guarantee, which could cause an unwarranted loss to the investors.
“Ginnie Mae Issuers are responsible for any unreimbursed costs associated with either violating insurers’ servicing guidelines or for inadequate insurance coverage. This requirement provides a strong incentive for private institutions to make better quality mortgage loans.”
jg: not sure what all this means. There is something GNMA won’t cover to issuers, but it’s not clear just what that is.*
“It is important to note that Ginnie Mae does not have a financial obligation to MBS investors unless the Issuer becomes insolvent.”
jg: this to me is huge. GNMA does not recognize the investors as the lenders. GNMA’s guarantee is not to the investors unless the issuer is insolvent (like to see more on this hummer).ONLY if the issuer becomes insolvent does GNMA’s guarantee pass to the investors. The guarantee is to the issuer, whom to get the benefit, must repurchase the loan to modify or foreclose and THEN GNMA’s insurance or guarantee will kick in TO THE ISSUER. So it appears that without repurchasing as is contractually required, the
issuers instead use the credit bid of a trust to get the collateral or
show the trust as the foreclosing party and sell at f/c sale to a third party. The issuers don’t appear to be complying with this contractual obligation when arranging a foreclosures in the names of the trusts,, so whether or not the issuer then passes the gnma guarantee / insurance monies to the investors is unknown, at least to me. (the investors were to have been made whole by issuer repurchase before the foreclosure (taken out of the act) but aren’t being. Hard to conclude anything else when the foreclosures are being done allegedly by the trusts whic: violates the issuers’ contractual obligation with GNMA,to repurchase, issuers cause reliance on poss of an alleged original note by the trusts for the trusts rights to enforce the notes in the trusts own right right. The contract between the issuers and GNMA is being violated in one “trust” foreclosure after another. And If the investors don’t ultimately benefit from GNMA’s guarantee, it is further heinously criminal, which begs the question: WHO is looking out for the trusts? Do the pension funds, say, even know how this is supposed to work?
Some people comment here about GNMA and loans. GNMA has never purchased loans nor do they hold original notes. A copy of
certain documents from the loan file (which was presumably underwritten to FHA and VA guidelines)* are sent to GNMA who
then issues a certificate of guarantee (VA) or insurance (FHA) to the party who tendered the documents for the guarantee
or insurance. If not for the contract between the issuers and GNMA, the guarantee or insurance would inure to the benefit
of the current lender (he who has a properly negotiated note and assignment of the coll instrument). Another contract has intervened
in the relationship between the trusts and enforcement of loans. By that contract, the loans are not enforceable by the trusts, but this can only be true if somewhere this is spelled out between the issuers and the trusts, i.e., the trusts had to agree to this or the whole thing is one big farce, for lack of a better word. At least
contractually, these particular loans are not enforceable by the trusts. A third party, the issuer, has contractually agreed to repurchase upon borrower default. .
Further, it’s my understanding that GNMA thru FHA and VA will only respond to claims made by GNMA approved servicers. I have seen FHA tell an unapproved servicer, who under the terms of the GNMA – Issuer contract would be making the claim on these particular loans for the issuer who repurchased the loans) to eat a rock for lack of that approval.
*there may be times when GNMA has refused guarantee or insurance on a loan if, say, a spot audit found the loan was a
piece of crud not underwritten to their guidelines and that may be the part referred to above (or that the loan is being serviced by a non-approved servicer).
lay opinions – ask a lawyer or 10
The function of gnma is to guarantee / insure fha and va loans for the benefit of the lender. With the advent of
securitization, it appears gnma has made a new contract with issuers of mbs’s
which impacts the rights of the investors and the duties of the issuer.
from GNMA
“In the Ginnie Mae program, Issuers are financially responsible for their securities, even if the underlying mortgage
collateral becomes delinquent.”
jg: so the issuer of securities remains liable (“responsible”) for payment to the investors on the securities it issued.
If that’s true, then the issuer is primarily liable to the investors, not the borrower.
“While the GSEs are responsible for the financial losses related to the loans in their investment portfolios and MBS, the
Ginnie Mae Issuer must make principal and interest pass-through payments to investors for delinquent loans, as well as
provide the funds to re-purchase loans to foreclose on a home or modify a loan.”
jg: the issue must 1) continue payments to the investors on the securities and 2) repurchase the loan to a) foreclose or
b) modify. This says to me that trusts should never be the foreclosing party on
fha or va loans. “repurchase loans to foreclose”.
“Ginnie Mae Issuers are responsible for any unreimbursed costs associated with either violating insurers’ servicing
guidelines or for inadequate insurance coverage. This requirement provides a strong incentive for private institutions to
make better quality mortgage loans.”
jg: not sure what all this means. I think it’s in code or means nothing.
There is something GNMA won’t cover to issuers, but it’s not clear just what that is.
” It is important to note that Ginnie Mae does not have a financial obligation to MBS investors unless the Issuer becomes
insolvent.”
jg: GNMA’s guarantee is not to the investors unless the issuer is insolvent. ONLY if the issuer becomes insolvent, GNMA’s
guarantee passes to the investors. The guarantee is to the issuer, whom to get the benefit, must repurchase the loan to
modify or foreclose and THEN GNMA’s insurance or guarantee will kick in TO THE ISSUER. So it appears that without
repurchasing as is contractually required, the
issuers instead use the credit bid of a trust to get the collateral or
show the trust as the foreclosing party and sell at f/c sale to a third party. Whether or not the issuer then passes the
gnma guarantee / insurance monies to the investors is unknown, at least to me. (the investors were to have been made whole
by repurchase before then and aren’t being, would be my thought). To get around their contractual obligation with GNMA,
issuers rely on poss of an alleged original note by the trusts for the trusts rights to enforce the notes in their own
right. The contract between the issuers and GNMA is being violated in one ruse after another. And If the investors don’t
ultimately benefit from GNMA’s guarantee, it is further heinously criminal.
Some people comment here about GNMA and loans. GNMA has never purchased loans nor do they hold original notes. A copy of
certain documents from the loan file (which was presumably underwritten to FHA and VA guidelines)* are sent to GNMA who
then issues a certificate of guarantee (VA) or insurance (FHA) to the party who tendered the documents for the guarantee
or insurance. If not for the contract between the issuers and GNMA, the guarantee or insurance would inure to the benefit
of the current lender (he who has a properly negotiated note and assignment of the coll instrument). Further, it’s my
understanding that GNMA will only respond to claims made by GNMA approved servicers. I have seen them (FHA) tell an
unapproved servicer, who should be making the claim on these particular loans for the issuer who repurchased the loans) to
eat a rock for lack of that approval.
*there may be times when GNMA has refused guarantee or insurance on a loan if, say, a spot audit found the loan was a
piece of cr– not underwritten to their guidelines and that may be the part referred to above.
lay opinions
“In the Ginnie Mae program, Issuers are financially responsible for their securities, even if the underlying mortgage
collateral becomes delinquent.”
jg: so the issuer of securities remains liable (“responsible”) for payment to the investors on the securities it issued.
If that’s true, then the issuer is primarily liable to the investors, not the borrower.
“While the GSEs are responsible for the financial losses related to the loans in their investment portfolios and MBS, the
Ginnie Mae Issuer must make principal and interest pass-through payments to investors for delinquent loans, as well as
provide the funds to re-purchase loans to foreclose on a home or modify a loan.”
jg: the issue must 1) continue payments to the investors on the securities and 2) repurchase the loan to a) foreclose or
b) modify. This says to me that trusts should never be the foreclosing party on
fha or va loans. “repurchase loans to foreclose”.
“Ginnie Mae Issuers are responsible for any unreimbursed costs associated with either violating insurers’ servicing
guidelines or for inadequate insurance coverage. This requirement provides a strong incentive for private institutions to
make better quality mortgage loans.”
jg: not sure what all this means. I think it’s in code or means nothing.
There is something GNMA won’t cover to issuers, but it’s not clear just what that is.
” It is important to note that Ginnie Mae does not have a financial obligation to MBS investors unless the Issuer becomes
insolvent.”
jg: GNMA’s guarantee is not to the investors unless the issuer is insolvent. ONLY if the issuer becomes insolvent, GNMA’s
guarantee passes to the investors. The guarantee is to the issuer, whom to get the benefit, must repurchase the loan to
modify or foreclose and THEN GNMA’s insurance or guarantee will kick in TO THE ISSUER. So it appears that without
repurchasing as is contractually required, the
issuers instead use the credit bid of a trust to get the collateral or
show the trust as the foreclosing party and sell at f/c sale to a third party. Whether or not the issuer then passes the
gnma guarantee / insurance monies to the investors is unknown, at least to me. (the investors were to have been made whole
by repurchase before then and aren’t being, would be my thought). To get around their contractual obligation with GNMA,
issuers rely on poss of an alleged original note by the trusts for the trusts rights to enforce the notes in their own
right. The contract between the issuers and GNMA is being violated in one ruse after another. And If the investors don’t
ultimately benefit from GNMA’s guarantee, it is further heinously criminal.
Some people comment here about GNMA and loans. GNMA has never purchased loans nor do they hold original notes. A copy of
certain documents from the loan file (which was presumably underwritten to FHA and VA guidelines)* are sent to GNMA who
then issues a certificate of guarantee (VA) or insurance (FHA) to the party who tendered the documents for the guarantee
or insurance. If not for the contract between the issuers and GNMA, the guarantee or insurance would inure to the benefit
of the current lender (he who has a properly negotiated note and assignment of the coll instrument). Further, it’s my
understanding that GNMA will only respond to claims made by GNMA approved servicers. I have seen them (FHA) tell an
unapproved servicer, who should be making the claim on these particular loans for the issuer who repurchased the loans) to
eat a rock for lack of that approval.
*there may be times when GNMA has refused guarantee or insurance on a loan if, say, a spot audit found the loan was a
piece of crud not underwritten to their guidelines and that may be the part referred to above (or that the loan is being serviced by a
non-approved servicer).
lay opinions – ask a lawyer or 10
I agree Charles. Nothing they are doing is moral by most peoples standards let alone Constitutional or Legal.
Many call it Complete Corruption but, Corruption is only a symptom of a larger problem ….. what these people believe and worship.
They believe in and worship evil and it is no longer secret or hidden. They have secretly put the entire nation on the black hand path. I for one will not be a party to that evil.
Part of these secret society thing show true in this very simple fact that the first President of color after Tiger Woods was caught screwing 18 women at like the same time while married, and the current President feel that politically spend a $1 million of tax payer money to play 27 holes of golf with the very success golfer.
Tiger Woods only golfs as Jay-Z only raps, but both are worth over $500 million. Obama not golfing with people of his own skill set, in economist or the financial people that were not involved in the insane situation we find ourselves in.
Yesterday we were supplied with foreclosure number of the top 10 foreclosing banks and we only in the fist quarter of this year. And once they blow through this settlement, the greater part of these shadow foreclosures will not have any real resistance, and if it does gain any, what a few billion settlement for a trillion dollars of loans most of which the bank don’t own and cannot prove they own.
Why was Obama not with Holder asking why there were no investigations instead of playing golf or spending close to a week in Israel, where homeboy did not even have talks of peace. Hell we been at war for the last 12yrs!
CITIZENS ALERT….READ ABOUT THEIR BIG IDEA & METHOD HERE…THE PROTOCOLS OF THE LEARNED ELDERS OF ZION….
http://educate-yourself.org/cn/protocolsofsion.shtml
Beware they are teaching acceptance of the Devils Bible as fact and calling it rule of law in the schools and in the media. The outline of this is in the Babylonian Talmud and the methods are in The Protocols of the Learned Elders of Zion.
I no longer differentiate any party to this massive SECURITIES FRAUD crime spree by our enemies. They are of every race, nation and creed. The name of this mafia is the Synagogue of Satan….call them banksters, corps, government agencies & agents, the courts, the judges, attorneys, media, Russia, China, Rome, Europe, they are one evil Corp of Satanists. They are totus tu evil. They want your Life, Liberty and Property either by compliance, cooperation and conformity or by force. The S.O.S. wants your Freedom & Independence by any means.
Nothing they are doing is Constitutional or Legal….. therefore, you do not have to cooperate.
These are the consequenses of decades long secrets, lies, deceit, & fraud. We have EVIL running the place. The warning signs were there for a long time but, they were very subtle. This cabal have slowly turned everything on its head by misrepresenting everyone and everything. There were many things i thought were odd. Like the FDIC insuring we were good for the money. They intentionally failed.
This was a set up to fail by our enemies and we are all living the result of their evil endgame Hitler plan. To that I have no doubt. There are vipers everywhere we turn who are robbing us out of every dime and are holding our Life, Liberty and Property hostage.
This is the direct result of many crimes against We The People but the most heinous of all is their MASSIVE SECURITIES FRAUD.
That is why 9/11 happened and why we are all in this terrible situation.
The most perilous part of this is, the millions who don’t know the truth about who these people are and what they have done to their freedom and independence by committing massive SECURITIES FRAUD in their name without their knowledge or consent.
They are not our government. They are not our friends. They are the Synagogue of Satan. They hide behind many masks such as Corporate Shields and Government. They have seducer millions into their Cult. This Culture of Open and Secret Evil.
NO ONE is safe in their Persons, Papers Property or Effects and their Life, Liberty and Property are in Peril as a result of what these traitors and Imposters have done.
This Corp of crooks have robbed We The People of a Quadrillion dollars of our wealth, and transferred it out of the country, they have collected $60.4 trillion more in payments and 20 + million of our properties since 2008 they were not owed.
The media reports nothing about what this really is. They are faithfully keeping up the charade until we are all bankrupt and then the real evil plan will be revealed. These crooks will seize everything from everyone and it will be open totalitarianism.
Then everyone will be openly fighting for their survival and it won’t matter what you thought your status was. It won’t matter if you thought you were safe. It won’t matter if you are gay or straight, a politician, an attorney, a religious leader, a cop, a judge, or a member of the press. It won’t matter if you thought you had money, a secure livelihood, a secure retirement, you owned property or if you are already impoverished and in fraudclosure. Everyones status will be the same. There will be no Private Ownership of anything, not even your own person.
That will be the result of the ongoing cover up for Massive SECURITIES FRAUD by these traitors and imposters.
The true meaning of Totalitarianism to most is Complete Control, Complete Communism but Complete Control by WHO and WHY is the most evil part of this plan. To say these are Communists and they want totalitarianism is deceptive.
What totalitarianism is …? It is satanism. Who these control freaks are is clear..they are Satanists who belong both openly and Secretly to The Synagogue of Satan. That is why nothing they are doing is Constitutional or Legal.
The most important thing to know about this GLOBALIST cult who wants everyone to believe they own everyone & everything is …they don’t own everyone & they own nothing. Believing them will be to your own peril. No one will want to live under them.
Zurrenarrh,
My pleasure. I’ve noticed that it is a recurrent trend here: very short attention span. Cases come and go and people seem to rely on a court decision as being the final and finite outcome and ramification, without really wondering what further implication they may have on the overall foreclosure defense picture.
I tend to look for the best possible take on anything because, in the end, that’s the only one that will help me.
christine,
Thanks for sharing the article on Kemp. The article which your article rebuts was very troubling, and I’m glad there’s now a rebuttal available which makes great arguments.
How U.S. DOJ manages this country’s drug money laundering operations through courts & banks:
http://narcosphere.narconews.com/userfiles/70/Agreement.pdf
People will always have opinions about your decision because they’re not courageous enough to take action on their opinion.
Steve Maraboli
DONE DEAL:
Welcome to the United States of Narco-Banks, Narco-Traffickers & Narcosists:
____________http://narcosphere.narconews.com/
U.S. Gov. totally runs all Mexican & South-American drug cartels from right here (USA) through its banks, its Treasury, military, DOJ and courts:
___________http://narcosphere.narconews.com/notebook/bill-conroy/2011/04/mexican-narco-trafficker-s-revelation-exposes-drug-war-s-duplicity
Making Cable News Obsolete Since 2010:
________________http://www.narconews.com/nntv/index.php
How does a DOJ allow a settlement were something is given to 4.2 million households that were foreclosed but the issue of removing the foreclosures is not address in the settlement.
Both side have agreed that something was wrong without guilt, and there going to be a price paid but the action remains record? No matter what the settlement amount received there been admission that there was some damage.
Holder has been sitting on the sideline and should have resigned because of his past association with these banks and MERS. MERS is a mortgage registry that is partner with the lender recording information into the data systems of this registry, which automatically creates a conflict of interest, because MERS claims to be the beneficiary for one side of the recording.
However as MERS claims to be this national registry that in the state of Nebraska they ask and received the ruling from the NE Supreme Court that they are not a “mortgage bank” and back this up by not registering with the state as a foreign corporation doing business in the state.
So we got a company that all about registering but refused to register to do business in the state of NE and by doing business in the state violate the state statute, and then they also violate the state statute by submitting assignments of DOTs when in fact they have no financial interest in the Notes.
So we have a situation were this company is committing a financial crime but is being allowed to still conduct business nation way, while violating financial crimes. For the same reasons that Holder does not choose to prosecute the banks, he does not prosecute MERS.
So this is the claim that I have formally submitted to the DOJ and Nebraskans are going to be awarded some amount for these claim under the settlement, so how does the criminal activity not get address?
You got a $25 billion Robo signing settlement where one of the robo signers in Docx in Dec 2012 admitted to 1 million forged mortgage assignments, and now we got a $10 billion settlement of financial crimes yet the FBI is acting like prostitutes in church. If part of the action is wrong then all the action is wrong. If you should not have foreclosed then any action after the foreclosure is harm for those foreclosed.
UKG,
The Kemp case is still very much being discussed but nothing else happened. The guy won. The bank lost. If I recall, it was already an appeal of a prior decision. That’s it, isn’t it?
http://www.beneschlaw.com/Files/Publication/f76c73e2-b184-4f34-85ce-39f852b785c9/Presentation/PublicationAttachment/10eac0ed-7478-4517-996d-3b8793253735/Full%20Disclosure,%20Winter%202012.pdf
E. ToLLe,
I am not the only one to believe that we are at the disclosure point. Things are happening behind the scene and rather than spread fear like some here, we need to all support the efforts. Because it is happening, with or without our individual support. And not a minute too early!
“Consultant Joel Garbon discussed his 25 years of travels through a fascinating international scene some call the free energy underground, and detailed how energy breakthroughs have been suppressed. His organization, the New Energy Movement, is a grassroots, non-profit outreach effort for the public to become aware of technologies that aren’t receiving mainstream attention. The class of technology involving cold fusion, initially produced startling results, but then was generally dismissed. This rush to judgment did a great disservice to the technology, Garbon commented. But now 24 years later, cold fusion has been declared to be real, and a number of companies and start ups, such as Brillouin Energy are experimenting with various techniques. These technologies may eventually be used to heat water, and generate steam. Italian inventor Andrea Rossi has gotten a lot of attention for his process, he added.
A colleague of Garbon’s has been investigating many different technologies and has come up with a self-charging energy device shaped like a coin, that is comprised of very thin layers of nanomaterials, and could possibly be incorporated into smaller electronics like cell phones. So often our elected leaders don’t have the public’s interest at heart when it comes to developing new energy technology, he remarked. His team provides a technology vetting service for inventors that are springing up from all over, though sometimes the inventors have not done front end testing of their products in advance that would make their performance claims valid.
Read more: http://www.disclose.tv/forum/coast-to-coast-am-3-25-2013-vatican-ets-free-energy-t86041.html#ixzz2OeGzrnnF“
“Did you really think we want those laws observed?” said Dr. Ferris. “We want them to be broken. You’d better get it straight that it’s not a bunch of boy scouts you’re up against… We’re after power and we mean it… There’s no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren’t enough criminals one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What’s there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced or objectively interpreted – and you create a nation of law-breakers – and then you cash in on guilt. Now that’s the system, Mr. Reardon, that’s the game, and once you understand it, you’ll be much easier to deal with.”
― Ayn Rand, Atlas Shrugged
Neil , big picture , by having the banks in this position the criminals in Washington D.C. have more power over them. Make no mistake the way the banksters are performing regarding property rights and the rule of law is coming from the top of the government.
THE TRUTH: Red Dawn:Obama hires Russian Troops For Homeland Security…..
http://cleowaller.blogspot.com/2013/03/red-dawn-obama-hires-russian-troops-for_18.html?m=1
UKG,
I wonder the same thing about Kemp v. Countrywide. I can’t find anything online about an appeal. These endorsements are fake. No question about it. I wasn’t aware of the Geline/Kennerty thing you mentioned–will have to read up on it. But if one bank doesn’t do endorsements until needed for litigation purposees (as Linda DeMartini testified to in Kemp), we can rest assured that ALL the banks did the very same thing. They’re monolithic in that respect, i.e., if there’s any advantage to be had or any corners to be cut, no bank will let another bank outmaneuver them when it comes to such methods.
Ex-Rezcko Partner Bankrupt…
http://freerepublic.com/focus/f-news/2186849/posts
The Demonic Cabal…..
http://www.hermes-press.com/cabal_index.htm
“A society becomes totalitarian when its structure becomes flagrantly artificial. That is when its ruling class has lost its function but succeeds in clinging to power by force or fraud.” – George Orwell
I honestly had no idea that poster was going to appear.
Red Mafiya: How the Russian Mob Has Invaded America…
http://www.amazon.com/Red-Mafiya-Russian-Invaded-America/dp/0316294748
[…] Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud Tagged: bank prosecutions, banking, Bond Ratings, business, Confifdence, Cyprus, Eric Holder, finance, TBTF Livinglies’s Weblog […]
Jan has not been completely honest and forthcoming either. There are very few who are truly defending our Constitutional Republic. I am one of the very few who have been demanding real justice for We The People, who are the only victims here.
Defendants demand the cases be dismissed with prejudice …3x the face value of the notes plus clear title and all costs associated with these claims including all property tax bills and attorney’s fees be assessed to the plaintiff.
Sass….the only self destructive element in this country is the Synagogue of Satan and all of their minions & cohorts who have done enough damage to this country with their decades long crimes spree to earn them all the death penalty.
This bankster Corp of crooks robbed and screwed everybody by misrepresenting every aspect of this crime. The judges are not looking good by being a party to this crime spree against our Constitutional Republic. The correlation between what this same cabal did in Nazi Germany and what is occurring today is startling.
True. This blog is a reflection of how self-destructive this country has become.
What is happening to this site is the truth is being revealed. Lies always catch up. Decades of sneaky, evil, criminal b.s. are being exposed because the proper correction for this massive SECURITIES FRAUD crime against We The People was virtually ignored. As a result, all traitors and imposters are being revealed. These evil doers asked for it. They are in every religion, nationality, race, profession and every walk of life. Many do not even know what they are condoning by cooperating with this evil. I refuse to be a party to it.
Jan speaks the truth, my friends. the real deal, to be sure! I would love to see everyone getting Foreclosure settlement money to pay attorneys to file their actions. Plenty of causes out there now.
and the Judge threw out 15 cases at one time. I only hear about two being successfully challenged.
Don’t think for a minute that these judges aren’t being pressured to make these bad decisions. It’s up to us to keep pushing these cases all the way up the ladder. It’s getting really embarrassing for some of these folks to have to look the other way and pull rulings out of their asses to protect the lawyers. The good, earnest foreclosure defense attorneys are getting their asses chewed out by irritated judges, but when presented with the law, the judges have to rule correctly. Eventually. It takes some appellate cases argued properly in multiple districts to get the law on the books. This field is completely vacant of case law. We’ve never had to fight fraudulent conveyances and securities fraud like this; at least since the Farm Crisis.
does anybody know whatever happened with Countrywide/BofA vs. Kemp? did that stick? that’s where it was testified to that the documents never left the originators’ custody.
That testimony is also found in the Geline/Kennerty depo. He also states the documents are created after the fact to allude to delivery that never occurs.
i just want to say its a darn shame …whats happening on this site is there any wonder ” we the people” dont get it, and there are some mean ass people writing mean ass things to others, why
Back to the IRS. OPPT comes incredibly handy in case where a towing company, sheriff’s office or any other outfit comes to your door on behalf of the IRS.
Not one of those outfits realizes that the IRS will never, ever hold them harmless or indemnify them for acting as their agent. Your job is to educate the people willing to do the IRS dirty job.
Educate yourselves. Some feeding the monsters you’ve created.
For those who don’t know: the IRS never, NEVER, NEVER seize anything. They DO NOT have the authority. They will retain a towing company, they will call the sheriff to do the dirty job WITHOUT the proper court document.
The IRS does not seize. In large cases, they may even call ATF.
The IRS will not, cannot seize anything.
christine, what is your understanding the “20k” per file was for exactly?
okay, stripes, this one time I’ll bite. Just how did 9/11 cover up
securities fraud??
Read all about the Synagogue of Satan….
http://www.texemarrs.com/032007/synagogue_of_satan_article.htm
re: christine’s link at 5:25: I refuse to believe that many of (most?) our politicians are the pathetic, spineless, bought and sold, lily-livered, dyed in the wool wimps they appear to be. What I CAN believe is even worse – the cartel has got them and us by the short ones but not for the reasons we generally prescribe to tbtf. It’s probably much worse. (remember the day a couple years ago when there was an alleged wrong key stroke that found billions of dollars lost and gained?)
So the govt is eyes wide shut robbing Peter to pay Paul. We know who is peter and who is paul. Christine may well have it right – starve the beasts if the gov won’t or can’t do anything about it. I’m surprised any of us who know that taxpayers were forced to bail out the likes of AIG, a company which operated like it were run by people who flunked out of potty training best I can tell, are remotely sane. WHY would AIG take all those bets? GS 5’s, t & a, big man on campus, mojitos? SOMEone in that joint had to see the writing on the wall and looked away in favor of SOMEthing. Was it stupidity, was it greed, or was there a specific, not general, target? Anyone know how AIG was able to repay a big chunk of their gazillion dollar bail out? Market manipulation? Wrong key stroke? I realize I haven’t really said anything, except to maybe cast my vote for starvation (not an economist, so don’t know if that’d do it or who would actually be starved) well, the material at c’s link torked me anew. In fact, it’s hard to believe.
The Synagogue of Satan are the cause of all of the bad in the world. They hide behind many masks.
They hijacked the cures for everything. That is one way they control. They steal the free will of the people in many ways. Taxation is one method. So is illness. Everything they do is contrived by them. Well planned and instituted. You can’t have an illness without first having a cause and a cure. Nothing comes from thin air. Like the real cause for 9/11 was to cover up for massive Securities Frauds and the sacrifice of thousands of American lives was their cure…. They do everything in reverse. They use causation as a weapon. The medical establishment are supposed to heal the sick not make us sick or treat the sick. Again they elimate the cure by being the cause.
These evil doers believe they are rewarded by causing mass human suffering and mass human casualties. That is why they tell us the only way to salvation is through suffering. That is their belief and suffering is fraudulently induced upon us by them. Take hospice as one example. That is the devils work. They are not humane in any way. This is a really sick bunch of sadomasochists who have hijacked this world.
The IRS refuse to participate in meetings organized by We The People. Sherry Jackson went to jail but she won’t give up. Nor will I.
The whole system is coming undone. Too many people tearing at it from every angle. And not ONE agency willing to come clean. Why? Because they are dirty!
http://www.youtube.com/watch?v=L4S-PkQFrKI
Pick your hero. Pick your cause. Pick your battle.
Sen Warren & Rep Cumming requested from the OCC & Fed Reserve the information that they back in Jan that only one of the 14 question were answered.
I hope that Sen Warren before she get DC infected is able to get to the bottom of this circus that was the Independent (wink wink) Foreclosure Review Board, and the sudden halt and the backroom deal on the eve of the deadline.
The review people are wanting us to believe that it took almost $20,000 per loan reviewed (103,820) at a total of $2 billion.
The Sen & Rep caught the fact that before the start of the IFR that the OCC & Fed talked of their findings were that there was widespread abuse. However now we get the OCC spokesperson for the OCC in Jan 2013 saying there was little to none but even one is to much.
These clowns are trapped and is the reason for this quickly settlement!
louise – just yesterday or so I cited material from a law firm which says that any assignment executed for consideration is a done deal (as to the parties thereto only, more specifically the assignor, and to the extent the assignor has anything to assign). To me this means that if the assignor is claiming they biffed – for any reason, the fix is not or at least shouldn’t be a “corrective” assignment. The proper procedure is for the assignee to assign back to the assignor whatever may have been conveyed in the allegedly messed up orig assignment and then the orig assignor may assign properly. I believe it because that’s what I’ve always been taught. Can’t swear to it, have no case on point and I’m a lay person to boot. If the original assignment had NOT been recorded, I imagine the two parties could agree to just rip up (say) the orig and have a new one executed and delivered. But I believe the recordation of the orig one changes that, and not only should the new one be recorded, but also the one back from the assignee to the assignor (the record would show three assignments: a to b to a to b)
Maybe those who are being impacted by these “corrective” assgts will be able to find support of how biffs are truly supposed to be handled.
The Catholic church always worried about communist infiltration … that is one way that evil operates.
BTW….If we were not civil you would all be hanging from the lampposts by now….that day might still come when the masses find out what you crooks have done there is no telling what they will do. Alot of God fearing people do believe in an eye for an eye…
Ha, look at Christine, the pot calling the kettle black.
Progressive radio show host promoting gun control tonight…..He said guns kill….. I say so does massive SECURITIES FRAUDS committed by talmudic imposters….
Can’t blaspheme a monstrosity. That Gawd thing you believe in sure as hell didn’t teach you much civility, temperance, measure or any characteristics of a civilized human being.
Just happens that Jamie boy and you have the same one. Nothing I can do about that.
Neil is definitely doing good works.
This is a Talmudic, Devils Bible Conspiracy…..We will know them by their bad fruits. We will know the good people by their good works is my motto.
Stop blaspheming God Christine. You are a disrespectful thing. The Treasury was robbed and is still being ransacked by these evil doers.
The truth is, no money ever changed hands RE the ISSUER OF THE CREDIT….electronic money is not CONSTITUTIONAL or LEGAL in the U.S.A…therefore, they simply staged an event and used that staged event to give the illusion they lent money….THAT IS HOW THEY ROBBED US OF OUR WEALTH… THEY COLLECTED MONEY FROM US…BUT NEVER GAVE ANY MONEY IN RETURN…THEY NEVER PERFORMED ON THE CONTRACT…..THAT IS CRIMINAL… SECURITIES FRAUD & THAT IS WHAT THEY ARE HIDING…..
REMEMBER…..If you can’t put your finger on it…..it does not exist. This was an electronic scam by the Talmud crowd to fraudulently induce the MICROCHIPPED MARK OF THE BEAST….GIVE ME BACK MY STOLEN PAYMENTS YOU SHEISTER CROOKS…! OBAMACARE IS ANOTHER ELECTRONIC SCAM BY THE BEAST….
Congress Is About to Make Financial System Even WORSE
by Washingtons Blog – March 22nd, 2013, 2:00am
Congress Did Nothing to Rein In One of the Main Causes of the Financial Crisis … and Is About to Let Things Get Even MORE Insane
“… in an era of partisan gridlock in the nation’s capital, Democrats and Republicans have come together to repeal or weaken those rules…”
http://www.ritholtz.com/blog/2013/03/congress-is-about-to-make-financial-system-even-worse/
I don’t get it. Congress is performing exactly according to plans, as it always has and as it only can. What am I missing? You’re still feeding them, right?
E. Tolle I realize that I am not the best writer nor have I ever wish to be, nor thought that I would have to communicate in this manner. However I am sure you understand what I was saying about HUD conduct where the picked BOA and not Wells Fargo for like conduct.
Now I did spell Neil name wrong which I should not have done, but there was not a need I thought to enter his last name, because he is the reason for these discussions and there has not been any one else who has been commenting here with the name of Neil.
I do believe that you understood “Neil I believe to be Jewish and he is fighting against the large bank”, so if I were talking to you and people were just talking about Jews, as in all Jews being involved in this financial plot, I would have said the what I wrote in the same manner.
Now it been over 5yrs since this financial crisis started and some very excellent writer have written on this subject, but they had not been even remotely close to being right. We got Harvard grad in financing working in the White House, as their writing my be in the best writing forms but are not true to the fact going on.
So that the White House put out great letters but are factually incorrect, what the F. Here is what I am trying to say very simply, and that is if you are in possession of a blank Note or Notes who did you pay for them? Where is your proof of purchase of a $100,000 item?
Come on! $60K and they’re up in arms? Can someone show a little perspective here? Last I checked, Congress is getting a raise starting on 3/27/13. I’m not making it up. Signed and wrapped up by our president himself!
http://ml-implode.com
BakTag! Congress Furious That IRS Spent $60K Making Horrible Star Trek Fan Film
2013-03-25 — wp.me
Members of the House Ways and Means Committee are furious the IRS spent $60,000 in 2010 making a horrible Star Trek themed management video.
I contacted every entity imaginable as well Charles. They are all operating a protection racket for these criminal evil doers.
Fed “Earnings” and Treasury Remittances Are Collapsing! What Does It Mean?
Posted on 24 March 2013 by admin
by Lee Adler, Wall Street Examiner
The Fed reported in January that it returned “profits” of $89 billion to US taxpayers in 2012 via its weekly remittances to the US Treasury. That was an average of $1.7 billion per week. As the Fed grew the SOMA beginning in late 2008, those remittances had grown from a pre-crisis level of an average of around $750 million per week to a peak average of around $1.7 billion when the Fed ended QE2. It had built the SOMA from under $500 billion during the crisis, when it had funded emergency alphabet soup programs by raiding the SOMA, to around $2.65 trillion in mid 2011. The income from the account remained near $1.7 billion per week while the size of the SOMA remained stable.
But the bottom dropped out in January, 6 weeks after the Fed began to settle its QE3 MBS purchases in mid November. Starting the week of January 11, the weekly average remittance to the Treasury dropped to $963 million, just a little more than half of the 2012 average.
What does it mean? While it may be fun to note that the Fed isn’t much of an investor and might even operate at a loss in the future when interest rates rise, for practical purposes, it’s meaningless. The Fed could operate at zero profit, or even at a loss, indefinitely by merely increasing its liability to the Treasury, or heaven forbid, marking to market some of the $460 billion in gold that it owns and carries on the books at a cost basis of $42 billion. The Fed will also probably never sell any of the paper that it holds, and since it doesn’t mark to market it will probably never in actuality show a “loss.” Its remittances to the Treasury, while shrinking to near zero, should continue.
What???
http://ml-implode.com/staticnews/2013-03-25_FedEarningsandTreasuryRemittancesAreCollapsingWhatDoesItMean.html
Well… since it is completely co-mingled, we don’t know where our money is (Jamie boy did have a hefty bonus, though. Thank Gawd! For a minute there, i almost got worried… ) and everyone has his hand in our pocket, the first thing to do is sew those damn pockets shut once and for all. Anything you stop feeding will keel over. Science at its best. ‘Cuz the way I see it, by paying taxes, we are only prolonging forever everyone’s misery by acknowledging the treasury and the feds’ existence.
These evil doers have dishonored We The People exponentially …They have used, abused and robbed us in every way shape & form imaginable without our knowledge or consent.
This is definitely not a Jewish, Muslim, Catholic conspiracy. This is a Talmudic, Devil’s Bible Conspiracy. These evil doers are against anyone whose beliefs are in line with the Creator. There is only one true God who made everything. There is only one maker of the notes..WHO ARE…..AMENDMENT 9…..WE THE PEOPLE. No power is Superior to the Maker of the Notes…WE THE PEOPLE…
So Charles, how can I say this without hurting your feelings? That’s most definitely not my intention here. But when you write:
“So why in Jan 2012 did not HUD while hanging BOA for the Countrywide FHA loan not deal with Wells Fargo and the Washington Mutual Bank loans in the Ginnie Mae pools.”
Do you understand the concept of double negatives?
Hint = two wrongs do not make a right.
Or:
“ Niel I believe is Jewish and he fighting against the large bank.”
Heyzeus man, can you not even spell Garfield’s name? Or formulate your thoughts in a coherent statement? Or look up from the keyboard now and again to see what it is you’re writing?
I say this because you want all of us to listen to the reasons that you’ve beckoned TPTB to hear your cause against G-Mae. But I’d be damned if I would pay attention to anyone writing with such a lackadaisical usage of English, especially when appealing to people in high positions in government. This is exactly how pro se folks send law back to the dark ages.
You’ve already answered me once about this. Your response was along the lines of typing too fast or whatever. That explanation just plain gives out when you profess to having higher knowledge about intricate securities deals that you’d like a reckoning of, but when the reality is that you can’t even write an intelligent comment on a blog explaining your thoughts. Is this necessary? Or are you just in a hurry?
Am I too impatient in wanting basic literacy on your part? Or are you just too impatient to look up now and again and use a spellchecker?
I have been writing Eric Holder about the securities problem since Oct 2010 without a single response to what at first singled out as a Wells Fargo crime with the Washington Mutual Bank government insured loans.
However within the next year I widen the scope of the crime with every single government insured loan that was in a Ginnie Mae pool, and was foreclosed.
I know that as I told the OCC of what I had discovered and I do believe that this helped in bring about the first part of the shame of the Independent (wink wink) Foreclosure Review Board to head off the 50th States Atty Gen.
I believe that the complaints were not address before the Robo signing Jan 2012 was worked out because it involved Ginnie Mae who order the foreclosures, so that they could pay the Fed back for the MBS they purchase.
What tells me that the Federal Government purposely over look the securities part of this crime is just recently Lynn Szymoniak Jul 2010 letter to the SEC reporting that the trust did not properly have secured loan, and my Whistle -Blower claim in Aug 2011 about the fact that Ginnie Mae in every case did not purchase the debt of the Notes/Loans.
So why in Jan 2012 did not HUD while hanging BOA for the Countrywide FHA loan not deal with Wells Fargo and the Washington Mutual Bank loans in the Ginnie Mae pools.
As I said before and have written everybody is that Ginnie Mae present the Notes and let see if they are all still blank endorse and if not where is the money transaction proof. We know for a fact that all the Notes placed in a Ginnie Mae pool should forever and a day be blank, because they are relinquish to Ginnie Mae who cannot purchase these Notes!
Mr. Holder has allowed for 4yrs all the borrowers to be called deadbeat and refused to investigate as Frontline put in the public domain that the DOJ investigation headed by Lanny Breuer was not even preforming investigations into these matters!
Correction…$ 60.4 TRILLION DOLLARS IN PAYMENTS & 20 + MILLION PROPERTIES STOLEN BY THESE CROOKS WHO ROBBED US OF A QUADRILLION DOLLARS AND WERE NOT OWED ANYTHING SINCE 2008….
These crooks must pay the price for what they have done under everyones radar. 9/11….A quadrillion dollars in SECURITIES FRAUD…PLUS $60.4 IN PAYMENTS & $20 + MILLION PROPERTIES STOLEN SINCE 2008…..2 ILLEGAL WARS….It is all open Satanic Worship. These evil crooks sacrificed 3000 American lives in the biggest Act of Satanic Human Sacrifice in human history right in front of our eyes. Thousands of U.S. Soldiers were killed or disabled. One million Iraqis were massacred. They are absolutely inhuman.
Why should we have to pay to extinguish their fraud in a bankruptcy …? These crooks owe us what we deem just….WE ARE THE ONLY HARMED PARTY….I demand 3x the face value of the notes PLUS clear title. That is what the Law says about not exercising ordinary care in the taking of an instrument, the harmed party is the only party who can estimate the damages incurred.
How do we get rid of crack in black neighborhoods it we don’t talk about the black who are selling the drugs or white who are doing Meth or Mexicans who are bring drugs across the border.
However not all blacks, rural whites or trailer home whites, or Mexicans are involved in the crimes I mention, but if we ignore the fact of there involvement by their family members we turn a blind eye and they turn a blind eye to the crime being committed.
Niel I believe is Jewish and he fighting against the large bank. However there are guys like Blankfien & J. Paulson who I believe are in the Jewish Mafia but it just so happen to be in the white collar crime area, so they are not treat like the black gang banger, but they created more harm to many more families.
Let take Holder who is the black US Atty Gen and works for the first President of color but they are in the position to stop the crimes against their own but chose not too.
Most all of Bernard Madoff victims were Jewish and his crime was for a $65 billion Ponzi Scheme were Madoff was the ex-Chairman of the NASDAQ, where in the financial world it don’t get to much higher.
I think Jews like black have to be even harder working at ridding what other think about us that frankly is true, or suffer the consequences. Blacks will starve and be the criminals because of poverty, and Jews will be the victim of crime because they are lump into the very rich and are the closes to the victims of the financial crime, as the wealth will have fled.
To me it looks like the beginning of another world war, and I believe Cyprus has change some of the very America rich, get away plan in trying to avoid taxes. It going to take us, meaning all of us white, black, Hispanic, Asian to fight what currently going on on Wall Street!
Unsecured debt is dischargeable in bankruptcy. Period. The banks created a system of massive unsecured “mortgage” debt in the housing industry starting in 1999-2000, so they could create a huge derivatives windfall, but it’s all based on accounting fraud…all of it. All the fake paperwork created after the fact are merely attempts at cover-up…and it’s working.
The cure for every disease and illness is in the Devil’s Bible. The Codex Gigas has all of the mystical medical formulas and cures….These evil doers hijacked the knowledge given to us by the Creator. That is how they control everyone. They forbid us to eat of the tree of knowledge, not the Creator.
The Talmud Unmasked….
http://www.biblebelievers.org.au/talmud1.htm
Same Babylonian talmudic belief system on Wall Street, with their investors, in the media and in the educational and medical profession….it is not moral, constitutional or legal because it threatens the Life, Liberty & Property of every American. It is the epitome of EVIL….
The Politicians, the banksters, the Corps, law enforcement, the judiciary, the courts, including the Supreme Court are following the Protocols of the Elders of Zion…..the Babylonian Talmud AKA THE DEVILS BIBLE….
THE TALMUD IS AKA THE DEVILS BIBLE…
THERE ARE 9000 PAGES OF BABYLONIAN TALMUDIC LAWS ASSOCIATED WITH OBAMACARE…..
Holder is wrong and so are most of Congress, the Senate & the White House. The secret is out…..these people worship the BABYLONIAN TALMUD….They are secret fundamentalists who secretly follow the Babylonian Talmud. They are of every race, religion, nationality. They are all secret fundamentalists who call themselves Muslims, Jews, Catholics, Italians, Germans, Spanish, Canadian, Russian no matter…..they are Fundamentalists and Supremacists whose beliefs are inhuman and are fundamentally and Supremely flawed because they follow the belief system of the Babylonian Talmud. That is what they are hiding. It is hidden in every religion and in many bibles. They misrepresent who they are and they secretly hate everyone who believes otherwise….such as those who believe in the word of the Creator and the U.S. CONSTITUTION ….the Creator warned of the Synagogue of Satan…they wear many disguises. They are the moneychangers and their beliefs are hidden in the Talmud. The Protocols of the Elders of Zion explain the evil that is the Talmud. That is why nothing they do is moral, constitutional or legal.
Jan Van Eck: Good response, but I want to know how you look for LPS/Docx on mortgages, notes, assignments and “corrective” assignments. Seems to me that “corrective” sounds fishy. The first assignment blew up on them and the foreclosure action was thrown out for lack of standing, so they sued again and used the trust as owner and a “corrective” assignment signed by the same boob who was VP of MERS on the first assignment.
I wish Neil Garfield and Family and to all the rest a HAPPY PASSOVER.
NEVER AGAIN.
Please make comments to Forbes. Judge Schack has been a leader in this fight and they are trying to intimidate him!
NY Court Reinstates Foreclosure, Chides Judge For `Robosigning’ Sanctions
Comment Now Follow Comments
(Photo credit: Wikipedia)
A New York appeals court reversed a Brooklyn judge’s 2011 decision throwing out a foreclosure and ordering $15,000 in sanctions against lender HSBC, saying the judge had abused his discretion by consulting the Internet and newspapers for evidence of “robosigning.”
It was the second time Kings County Judge Arthur Schack had his hand slapped for taking the politically popular, but legally questionable move of dismissing foreclosure proceedings against borrowers who had clearly defaulted on their loans. The judge was also reversed in a similar case in 2011, and in its March 20 decision the Appellate Division of the New York State Supreme Court chided Schack for failing to follow the law.
Finding Little Evidence Of Foreclosure Fraud, Feds Give Up
Daniel Fisher
Forbes Staff
Bank Of America’s Mortgage Tab: $42B And Counting
Halah Touryalai
Forbes Staff
“We take this opportunity to remind the Justice of his obligation to remain abreast of and be guided by binding precedent,” the five-judge panel said. The case was remanded to be heard by a different judge.
The decision undermines a popular strategy promoted by lawyers around the country of challenging foreclosures by claiming the lender doesn’t have legal right to the collateral. The theory often involves claims that the chain of ownership was broken through “robosigning” or the use of the central registry known as MERS, leaving the property in legal limbo which, conveniently enough for the borrower, prevents the home from being foreclosed.
These lawyers sometimes charge thousands of dollars in fees and throw around impressive-sounding terms like “quiet title,” but have had little success in proving that lenders have forfeited their claims on collateral. Last November, the Idaho Dept. of Finance filed a cease and desist order against one such firm, Residential Litigation Group, for putting out advertisements in the form of fake “litigation notices” designed to lure borrowers into paying a $6,000 fee for assistance challenging foreclosures. No one at Residential Finance was immediately available to comment.
According to the New York appellate decision, Eileen N. Taher defaulted on her home loan and HSBC initiated foreclosure proceedings in 2009. As is common in foreclosure proceedings, Taher never appeared in the case.
Judge Schack, after performing his own investigation including reading newspaper articles and the Internet, decided that HSBC lacked standing to foreclose because the bank had engaged in robosigning, or submitting court documents that were signed by low-level employees without direct personal knowledge of their contents. He also determined that the original lender, not HSBC, was the only party with the right to foreclose because the transaction transferring the note to HSBC was invalid.
The judge also criticized HSBC for allowing Ocwen, the mortgage servicer, to handle the foreclosure, and ordered $15,000 in sanctions against the bank and its lawyers for that and various other transgressions.
But the appeals court threw out the sanctions and ordered the foreclosure proceedings reinstated, strongly criticizing Schack in the process. First, the appeals court noted, Schack had no power to use lack of standing as a reason for dismissing the foreclosure since the borrower had waived that argument by failing to show up in court. The judge also abused his discretion by holding a hearing on sanctions.
Since Judge Schack was reversed approximately two months before he dismissed this complaint, the appeals court said:
We take this opportunity to remind the Justice of his obligation to remain abreast of and be guided by binding precedent. We also caution the Justice that his independent internet investigation of the plaintiff’s standing that included newspaper articles and other materials that fall short of what may be judicially noticed, and which was conducted without providing notice or an opportunity to be heard by any party, was improper and should not be repeated.
NG – I have to congratulate you on writing such an articulate, literate post. You know I love you, but sometimes your sentence structure makes me weep – not this time!
Very Good Advise Jan! I agree with Neil … Holder is Wrong! Without prosecutions there is NO TRUST! Smart people do not do business with people or corportations they do not trust! Not investers! Not borrowers! And Not depositors!
Definition of the term khazar…
http://m.urbandictionary.com/#define?term=khazaria
Why do they lie to everybody…? Most of the real Jews, decendants of the Hebrews, Abraham, Jacob, Moses, from the Old Testament, were annihalated for the most part during the first Century A.D.
99% of the Jews we see today are actually decendents of the Khazars, a pagan race who used to live in Khazaria and have name changed to RUSSIA TODAY. They are AKA THE THIRTEENTH TRIBE…
jve – good info. thanks. this is awkward because you’re the attorney and I’m not, but it happens that I have read a number of those bad notary cases and what I can report is that courts are split, so have to find the bomb in one’s juris and be willing to argue against it if needed.
fwiw, imo, all loans where the notary is required that don’t meet the law should be 86’d, esp when there has been a notary signature falsified. In fact the falsification should be prosecuted as allowable, as you say.
The employer is liable for the act of its employee when that employee is acting within the scope of its employment. imo.
The function of gnma is to guarantee / insure fha and va loans for the benefit of the lender. With the advent of securitization, it appears gnma has made a new contract with issuers of mbs’s
which impacts the rights of the investors and the duties of the issuer. In short, the issuer is to make and keep the investors whole.
The issuers may then benefit from gnma’s guarantee.
from GNMA
“In the Ginnie Mae program, Issuers are financially responsible for their securities, even if the underlying mortgage collateral becomes delinquent.”
jg: so the issuer of securities remains liable (“responsible”) for payment to the investors on the securities it issued. If that’s true, then the issuer is primarily liable to the investors, not the borrower.
“While the GSEs are responsible for the financial losses related to the loans in their investment portfolios and MBS, the Ginnie Mae Issuer must make principal and interest pass-through payments to investors for delinquent loans, as well as provide the funds to re-purchase loans to foreclose on a home or modify a loan.”
jg: the issue must 1) continue payments to the investors on the securities and 2) repurchase the loan to a) foreclose or b) modify. This says to me that trusts should never be the foreclosing party on
fha or va loans. “repurchase loans to foreclose”.
“Ginnie Mae Issuers are responsible for any unreimbursed costs associated with either violating insurers’ servicing guidelines or for inadequate insurance coverage. This requirement provides a strong incentive for private institutions to make better quality mortgage loans.”
jg: not sure what all this means. I think it’s in code or means nothing.
There is something GNMA won’t cover to issuers, but it’s not clear just what that is.
” It is important to note that Ginnie Mae does not have a financial obligation to MBS investors unless the Issuer becomes insolvent.”
jg: GNMA’s guarantee is not to the investors unless the issuer is insolvent. ONLY if the issuer becomes insolvent, GNMA’s guarantee passes to the investors. The guarantee is to the issuer, whom to get the benefit, must repurchase the loan to modify or foreclose and THEN GNMA’s insurance or guarantee will kick in TO THE ISSUER. So it appears that without repurchasing as is contractually required, the
issuers instead use the credit bid of a trust to get the collateral or
show the trust as the foreclosing party and sell at f/c sale to a third party. Whether or not the issuer then passes the gnma guarantee / insurance monies to the investors is unknown, at least to me. (the investors were to have been made whole by repurchase before then and aren’t being, would be my thought). To get around their contractual obligation with GNMA, issuers rely on poss of an alleged original note by the trusts for the trusts rights to enforce the notes in their own right. The contract between the issuers and GNMA is being violated in one ruse after another. And If the investors don’t ultimately benefit from GNMA’s guarantee, it is further heinously criminal.
Some people comment here about GNMA and loans. GNMA has never purchased loans nor do they hold original notes. A copy of certain documents from the loan file (which was presumably underwritten to FHA and VA guidelines)* are sent to GNMA who then issues a certificate of guarantee (VA) or insurance (FHA) to the party who tendered the documents for the guarantee or insurance. If not for the contract between the issuers and GNMA, the guarantee or insurance would inure to the benefit of the current lender (he who has a properly negotiated note and assignment of the coll instrument). Further, it’s my understanding that GNMA will only respond to claims made by GNMA approved servicers. I have seen them (FHA) tell an unapproved servicer, who should be making the claim on these particular loans for the issuer who repurchased the loans) to eat a rock for lack of that approval.
*there may be times when GNMA has refused guarantee or insurance on a loan if, say, a spot audit found the loan was a piece of cr– not underwritten to their guidelines and that may be the part referred to above. I think guest and charles reed are off, but I wouldn’t have found this if not for their comments.
lay opinions
Jan van Eck
Agree.
Mtc Financial dba trustee corp. omg look on maricopa county recorder what this mill has done issuing trustees deeds upon sale
These guys are what recirders office call their special customers, what does that mean a discount?
It would be hell of a class action
You can Google that link is blocked..correct error…It is the Chabad Lubavitch Sect
Putin Puppet of Chavad-Lubavitch Sect
http://www.henrymakow.com/putin_a_puppet_of_lubav.html
Treason in our constitutional government has been committed by the Zionists. They are agents and agencies of the bank owners.
HSBC Bank is notorious for using falsified documents that it typically purchases from outside vendors, in its foreclosure attempts. In going after HSBC, check for the non-obvious: for example, a notary acknowledgment where the notary lives several counties away from the place of the signing. That typically is an indicator that somebody put that notarial stamp and signature on the document, a common enough occurrence with all the legacy banks. You can check notarial signatures by going back to the State that issued the authority and reviewing the original application, and the application for notarial bond. These are found in the Notaries section of the Secretary of State, who will provide you with a “certified copy” for about ten dollars. Always obtain a “certified copy” as that document becomes self-authenticating in Court. Some States requires the use of an “Official Signature” and the notary is required to only use the “official signature,” on file with the Notaries Section, and if that is not on your disputed document, then it is grounds to have the document declared void.
HSBC employees have no compunction about issuing a second assignment of mortgage where the first one is facially defective. They do not provide any coherent explanation for doing this, other than to say that it is a “corrected assignment” or that the first one is “inoperative.” All of that is fertile ground for attacking the cesspool of fraud that defines the operations of HSBC.
Finally, don’t be shy about filing suit against the attorneys that “represent” HSBC. If the “foreclosure mill” has filed falsified documents, they have a direct exposure, which their insurers will be loathe to attempt to defend in Court. One client, beating back a foreclosure attempt, took a six-figure Judgment against the attorney.the insurer wrote the check. When these mills get sued by the thousands, then it takes the fun out of stealing your house.
These zionist agents are working within all governments…including in Russia and China…they are the largest shareholders/bondholders/directors…they are the owners and are the Board of Directors of this scam by many proxies.
There needs to be a sit in on Lanny Breuers front lawn….he and VP Biden are who are blocking criminal prosecutions of their criminal friends on Wall Street.
http://whatreallyhappened.com/content/joe-biden-zionist-vp
PRIVATIZED means Everything We The People paid for has been stolen or hijacked Christine……these Zionist crooks have monetized everything without our authorization…..Therefore these are SECURITIES FRAUDS…..NOTHING MORE…..
Look at who is behind Holder…..Zionist Lanny Breuer. Look at who is behind obama, Zionist Joe Biden…..these aren’t Jews in the traditional sense. These are talmudic Jews…AKA….the Synagogue of Satan.
Completely on topic.
http://www.newscientist.com/article/mg21729090.200-banks-gone-bad-our-evolved-morality-has-failed-us.html
There is an obvious disconnect between what takes place in a small band, in which moral outrage leads to hurtful punishments that fit with hurtful crimes, and a very large system of international finance in which the negative consequences are so much less direct and the power to deter gets lost in the process.
To this we must add the fact that the US democratic system of popular representation, and to a degree that of other nations, is compromised by lobbying that too often amounts to institutionalised bribery. Reform is unlikely because the heavily lobbied politicians we elect are in charge of both our electoral system and, to an extent, our system of justice.
The result is that lobbies often trump what we fondly refer to as the people’s will, as long as really serious, electorally significant moral indignation in the populace can be avoided. Banking institutions loom large on the lobbying stage. A 2009 report from the International Monetary Fund concluded that lenders who lobbied most were those engaged in riskier practices.
Add in our long-standing tradition of coddling white-collar offenders whose acts seem to impact only on corporations, and the sheer complexity of judging the economic consequences of errant behaviour, and maybe we can better understand why moral outrage doesn’t translate into action.
Ultimately we are still left with what to do about this, how to regulate a free-market economy to deter behaviour that causes major fiscal problems. Morality aside, economists learned from the Soviet Union that excessive regulation leads to gross economic inefficiency, and most people in capitalist economies believe in having sensibly but minimally regulated economies that largely organise themselves.
Modern democracies are quite similar to egalitarian hunting bands in that moralistic public opinion helps to protect populaces against social predation, and dictates much of social policy. In a sense, the Founding Fathers were brilliant in creating a larger-scale system, one that basically guarantees personal autonomy yet permits enough centralised control to run a much bigger ship.
However, the sheer scale of society, combined with the internationalisation of business, has produced cognitive challenges that must, in an age of increasing manipulation by lobbyists, be met by ordinary voters. Fortunately, voters don’t always follow the political advertising money.
Simplistic solutions, such as criminalising any financial rule-breaking that leads to serious social harm, would provoke much debate. What is beyond debate is that in the case of major corporate crimes an ancient approach to making justice serve the greater good is creaking and groaning, and that new answers must be sought.
Christopher Boehm is author of Moral Origins (Basic Books) and professor of biological sciences and anthropology at the University of Southern California
The Department of Justice has been hijacked by Imposters. These are our enemies both Foreign and Domestic. These wolves in sheep’s clothes are not our Government because everything they are allowing and doing is unconstitutional and illegal. This is an open & secret war on our Constitutional Republic….. These Corps and Politicians are working for the Fourth Reich. This is Helter Skelter….. by our enemies both Foreign and Domestic. These are Black Assassins and I don’t mean the color of their skin. Skin color is merely symbolic….Black is White & White is Black. That means everything is the polar opposite of what it appears to be. It’s Joe Biden and the rich white Republican Senators who are really calling the shots.
Holder seems explicitly practicing the Talmudic form of SEA Mercenary’s Warrior TriBa’al Legal Guild KULT’S crafty secret Technical Black DEMONIC ARTS by Legal WAR; deploying Tzun Tzu’s proven “ARTS of WAR” modality; thru DECEPTION to DESTROY America via: The Criminal’s Just US System / Legal merchant styled stealthy Tactical Blitz Krieg! And OTHER special pogroms
The federal government has not ruled over any of the those agencies for over 20 years. I mentioned it a while back in connection with OPPT. Everything has been privatized. Under those conditions, why should we pay taxes to enrich private corporations? They get to bid on contracts and we, the constituents, have no say in the matter. What is the likelihood that most of those contractors have well-connected buddies in state and federal government and legislature? Very, very high indeed. And we know exactly what happens when there is no government oversight.
http://www.presidency.ucsb.edu/ws/index.php?pid=23625
George Bush
Executive Order 12803 – Infrastructure Privatization
April 30, 1992
Weekly Compilation of Presidential Documents
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By the authority vested in me as President by the Constitution and the laws of the United States of America, and in order to ensure that the United States achieves the most beneficial economic use of its resources, it is hereby ordered as follows:
Section 1. Definitions. For purposes of this order: (a) “Privatization” means the disposition or transfer of an infrastructure asset, such as by sale or by long-term lease, from a State or local government to a private party.
(b) “Infrastructure asset” means any asset financed in whole or in part by the Federal Government and needed for the functioning of the economy. Examples of such assets include, but are not limited to: roads, tunnels, bridges, electricity supply facilities, mass transit, rail transportation, airports, ports. waterways, water supply facilities, recycling and wastewater treatment facilities, solid waste disposal facilities, housing, schools, prisons, and hospitals.
(c) “Originally authorized purposes” means the general objectives of the original grant program; however, the term is not intended to include every condition requires for a grantee to have obtained the original grant.
(d) “Transfer price” means: (i) the amount paid or to be paid by a private party for an infrastructure asset, if the asset is transferred as a result of a competitive bidding; of (ii) the appraised value of an infrastructure asset, as determined by the head of the executive department or agency and the Director of the Office of Management and Budget, if the asset is not transferred as a result of competitive bidding.
(e) “State and local governments” means the government of any state of the United States, the District of Columbia, any commonwealth, territory, or possession of the United States, and any country, municipality, city, town, township, local public authority, school district, special district, intrastate district, regional or interstate governmental entity, council of governments, and any agency or instrumentality of a local government, and any federally recognized Indian Tribe.
Sec. 2. Fundamental Principles. Executive departments and agencies shall be guided by the following objectives and principles: (a) Adequate and well-maintained infrastructure is critical to economic growth. Consistent with the principles of federalism enumerated in Executive Order No. 12612, and in order to allow the private sector to provide for infrastructure modernization and expansion, State and local governments should have greater freedom to privatize infrastructure assets.
)(b) Private enterprise and competitively driven improvements are the foundation of our Nation’s economy and economic growth. Federal financing of infrastructure assets should not act as a barrier to the achievement of economic efficiencies through additional private market financing or competitive practices, or both.
(c) State and local governments are in the best position to assess the respond to local needs. State and local governments should, subject to assuring continued compliance with Federal requirements that public use be on reasonable and nondiscriminatory terms, have maximum possible freedom to make decisions concerning the maintenance and disposition of their federally financed infrastructure assets.
(d) User fees are generally more efficient than general taxes as a means to support infrastructure assets. Privatization transactions should be structured so as not to result in unreasonable increases in charges to users.
Sec. 3. Privatization Initiative. To the extent permitted by law, the head of each executive department and agency shall undertake the following actions: (a) Review those procedures affecting the management and disposition of federally financed infrastructure assets owned by State and local governments and modify those procedures to encourage appropriate privatization of such assets consistent with this order;
(b) Assist State and local governments in their efforts to advance the objectives of this order; and
(c) Approve State and local governments’ requests to privatize infrastructure assets, consistent with the criteria in section 4 of this order and, where necessary, grant exceptions to the disposition requirements of the “Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments” common rule, or other relevant rules or regulations, for infrastructure assets; provided that the transfer price shall be distributed, as paid, in the following manner: (i) State and local governments shall first recoup in full the unadjusted dollar amount of their portion of total project costs (including any transaction and fix-up costs they incur) associated with the infrastructure assets involved; (ii) if proceeds remain, then the Federal Government shall recoup in full the amount of Federal grant awards associated with the infrastructure assets, less the applicable share of accumulated depreciation on such asset (calculating using the Internal Revenue Service accelerated depreciation schedule for the categories of assets in question); and (iii) finally, the State and local governments shall keep any remaining proceeds,
Sec. 4. Criteria. To the extent permitted by law, the head of an executive department or agency shall approve a request in accordance with section 3(c) of this order only if the grantee: (a) Agrees to use the proceeds described in section 3(c)(iii) of this order only for investment in additional infrastructure assets (after public notice of the proposed investment), or for debt or tax reduction; and
(b) Demonstrates that a market mechanism, legally enforceable agreement, or regulatory mechanism will ensure that: (i) the infrastructure asset or assets will continue to be used for their originally authorized purposes, as long as needed for those purposes, even if the purchaser becomes insolvent or is otherwise hindered from fulfilling the originally authorized purposes; and (ii) user charges will be consistent with any current Federal conditions that protect users and the public by limiting the charges.
Sec. 5. Government-wide Coordination and Review. In implementing Executive Order Nos. 12291 and 12498 and OMB Circular No. A-19, the Office of Management and Budget, to the extent permitted by law and consistent with the provisions of those authorities, shall take action to ensure that the policies of the executive department and agencies are consistent with the principles, critiera, and requirements of this order. The Office of Management and Budget shall review the results of implementing this order and report thereon to the President 1 year after the date of this order.
Sec. 6. Preservation of Existing Authority. Nothing in this order is in any intended to limit any existing authority of the heads of executive departments and agencies to approve privatization proposals that are otherwise consistent with law.
Sec. 7. Judicial Review. This order is intended only to improve the internal management of the executive branch, and is not intended to create any right or benefit, substantive or procedural, enforceable by a party against the United States, it agencies or instrumentalities, its officers or employees, or any other person.
George Bush
The White House,
April 30, 1992.