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I read and analyze everyday and the one thing that is becoming evident is that there are two streams of reporting on the wrongful foreclosures — the one that the Banks write and get published in places like Business Week (see below) and the ones that are written by people who actually know what is going on and are willing to report it.

No “progress” is being made if you think progress means correcting past errors and owning up to the defects in the liens, transfers and foreclosures. Plenty of progress is being made by Wall Street PR spin machines to give the impression that we are still just dealing with a paperwork problem instead of a swindle.

Side by side, I get articles that foreclosures are winding down and winding up. Side by side I get articles that the real estate market is improving and declining. Side by side I get articles that tell us the economy is improving and that things are worse than ever and looking bleak for consumers, taxpayers and the average Joe just trying to make it through the day. Joe gave up trying to get through the month or the week because of the economic shocks he receives every day, each one unexpected.

The media continues to ignore the warnings from the bench by more and more judges about the defects in the mortgages, notes, obligations and foreclosures. The banks still own the place. But this conflict is barely half way over. We have years to go and banks will tumble again, just like in 2008-2009. If you don’t want another bailout of the banks and instead you want people in power to pull the levers for the good of the country, then you had better elect them.

There are thousands of vacancies that can be filled with people who understand the words “public servant” instead of aristocracy. Their offices are vacant, waiting for YOU to get active and run for office. The people in there are  just taking up space. Knock on their door and there is nobody home. FILL THOSE OFFICES WITH PEOPLE OF INTEGRITY AND HONESTY. Don’t let the bastards get you down — that is how they win.

And don’t believe articles like this one

Mortgage Servicers Make Progress to Fix Flawed Foreclosures

servicers making progress — BLOOMBERG and Business Week

Nov. 22 (Bloomberg) — Banks and mortgage servicers are making progress in improving their processes and reaching out to homeowners hurt by invalid or flawed foreclosures, the Office of the U.S. Comptroller of the Currency reported.

The regulator released an interim report today on actions taken by 12 banks and servicers to comply with a set of April consent orders that require them to correct deficient and unsound foreclosure practices.

“While much of the work to correct identified weaknesses in policies, operating procedures, control functions and audit processes will be substantially complete in the first part of 2012, other longer-term initiatives will continue through the balance of 2012,” the OCC report concluded…..

Mortgage servicers earlier this month began reaching out to borrowers who may have suffered financial injury from errors and misrepresentations. The companies also established a centralized website to help borrowers contact servicers and file claims.

The agency released the names of consultants hired by banks to review claims by borrowers. Clayton Services LLP, Ernst & Young LLP, Deloitte & Touch LLP and Promontory Financial Group LLC are among the companies processing borrower complaints on behalf of the banks.

Companies including JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. were part of the April accord.

Borrowers can get information about filing a claim at


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