18 May 2012
H/T Nye Lavalle & Attorney Jacqulyn Mack UNITED STATES DISTRICT COURT MIDDLE DISTRICT OF FLORIDA TAMPA DIVISION CASE NO: 8:12-cv-690-T-26EAJ ELIZABETH H. COURSEN, Plaintiff, v. JP MORGAN CHASE & CO., JPMORGAN CHASE BANK, N.A., WASHINGTON MUTUAL BANK, and FEDERAL NATIONAL MORTGAGE CORPORATION, Defendants. O R D E R THIS CAUSE comes before the Court on [...]
Posted in STOP FORECLOSURE FRAUD3 Comments
19 May 2012
AlterNet JPMorgan Chase losing $2 billion on a risky trade has many pundits calling for more regulation. But they’re still missing so much of the story. Reading over the coverage of JPMorgan Chase’s $2 billion fiasco, it’s impossible not to be reminded of the heady early days of the Lesser Depression. Not because the scale [...]
Posted in STOP FORECLOSURE FRAUD0 Comments
19 May 2012
Cummings also Succeeds on Amendment to Increase Diversity, Curb Hazing The House passed by a vote of 394 to 27 an amendment to the National Defense Authorization Act (NDAA) introduced by Rep. Elijah E. Cummings, Ranking Member of the Oversight and Government Reform Committee, Rep. Bob Filner, Ranking Member of the Veterans Affairs Committee, and [...]
Posted in STOP FORECLOSURE FRAUD0 Comments
18 May 2012
Dear Fellow Advocates and Friends, This life is filled with many ups and downs. Early this AM I got a great up that I shared with all of you. Now, I received a great down and ask your prayers and thoughts for my good friend and colleague, Max Gardner. Max was the VERY first lawyer [...]
Posted in STOP FORECLOSURE FRAUD2 Comments
18 May 2012
KTSM- According to the FBI, Texas is among the top ten states victimized by mortgage fraud. Mortgage fraud can be committed by a borrower or lender. But, if you’re a homeowner, and you’re about to unjustly lose your property, what do you do? That’s what one El Paso woman is trying to figure out. She [...]
Posted in STOP FORECLOSURE FRAUD0 Comments
17 May 2012
Abigail C. Field- Perhaps you’ve heard the line about not wasting a crisis. It means seize the opportunity to make big changes. Well, the banks are doing just that: they are using their self-created foreclosure crisis to build pressure to dismantle judicial foreclosures. The bankers want it to be much cheaper and easier to take [...]
Posted in STOP FORECLOSURE FRAUD0 Comments
17 May 2012
Lets see how well Mr. Lawsky does with this. WSJ- New York’s top financial regulator turned up the heat on banks and insurers that sell homeowners policies to struggling borrowers, accusing them of an “intricate web of relationships” that pushes distressed families “over the foreclosure cliff” and also hurts mortgage-bond investors. New York Department of [...]
Posted in STOP FORECLOSURE FRAUD0 Comments
17 May 2012
Alison Frankel- The key detail in the two securities fraud complaints filed so far against JPMorgan Chase isn’t that CEO Jamie Dimon told analysts that news reports about the bank’s risky credit default swap position were a “tempest in a teapot.” Even though that’s the statement both complaints pinpoint as best evidence so far of [...]
Posted in STOP FORECLOSURE FRAUD0 Comments
17 May 2012
This is never the way! HUFFPO- Last Saturday night, Norman Rousseau reportedly spent hours trying to fix an old RV. He was facing the prospect of foreclosure, and he wasn’t about to see his family forced onto the street. Then mid-morning, with the RV’s engine in pieces, he shot and killed himself, CBS Los Angeles [...]
Posted in STOP FORECLOSURE FRAUD0 Comments
17 May 2012
REUTERS- Edward DeMarco, the temporary director of the Federal Housing Finance Agency, continues to endure blistering criticism for refusing to allow Fannie Mae and Freddie Mac to pay for large-scale principal reductions for underwater borrowers (those who owe more than their homes are worth) or to facilitate refinancings for those stuck with high interest rate [...]
Posted in STOP FORECLOSURE FRAUD1 Comment
17 May 2012
HuffPO- Timothy Geithner is worried about a problem of perception. The Treasury Secretary told PBS Newshour that it’s “a problem” having a banker like JPMorgan Chase CEO Jamie Dimon sit on the board of the Federal Reserve Bank of New York. That’s because, in Geithner’s view, it creates the perception that the institution, one charged [...]
Posted in STOP FORECLOSURE FRAUD0 Comments
17 May 2012
H/T Alison Frankel This will allow those breaking the law to continue. It’s an addiction! [REUTERS] U.S. lawmakers showed little support on Thursday for tinkering with a regulatory policy of settling cases without requiring defendants to admit to misconduct. U.S. District Judge Jed Rakoff last year rejected a proposed settlement between the Securities and [...]
Posted in STOP FORECLOSURE FRAUD0 Comments
17 May 2012
Reuters- JPMorgan Chase & Co Chief Executive Jamie Dimon will be invited to testify before Congress over the recent trading losses announced by the bank, U.S. Senate Banking Committee Chairman Tim Johnson said in a statement posted on the committee website. [REUTERS] © 2010-12 FORECLOSURE FRAUD | by DinSFLA. All rights reserved. www.StopForeclosureFraud.com
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16 May 2012
H/T Deontos The bill passed both houses of the legislature and became effective after being signed by Governor Barbour on March 15. Not only are representative capacity substitutions permitted, but appointments of trustees ab initio are also allowed, helping to overcome the problem of a trustee inadvertently omitted from the deed of trust. This bill also resolves [...]
Posted in STOP FORECLOSURE FRAUD0 Comments
Added on 15 October 2011
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