They’re all out of control!
Last week we learned that the West Virginia AG spends foreclosure fraud settlement money on political ads
Saporta Report-
The deputy secretary of the Department of Housing and Urban Development said Thursday in Atlanta that Georgia did not spend its $99.4 million share of the $25 billion National Mortgage Settlement as the federal government had intended.
Maurice Jones, who is HUD’s second most senior official, said he was “disappointed in what I’ve seen in Georgia.” Jones was the keynote speaker at a the annual meeting of, “Piece by Piece: A Regional Foreclosure Initiative,” which was held at the Carter Center.
Clayton County Commission Chairman Eldrin Bell asked Jones what the federal government was doing to respond to Georgia’s decision. Jones responded that the administration had three approaches to states that, like Georgia, had used the money for purposes other than for mortgage resolution.
image: blog.hud.gov
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HUD has to check itself as under them Ginnie Mae is the biggest offender in this foreclosure scam as they are ordering foreclosures on properties they don’t even own.
Ginnie Mae has got Wells Fargo Bank and MERS fraudulent submitting assignment document claiming that MERS or Wells is the “holder in due course ” and then foreclosing on every one of Washington Mutual Bank loans that were placed into the Ginnie Mae Mortgage Backed Securities program.
Billion in stolen properties of our Troop stolen by Ginnie Mae with HUD looking the other way, so what States do HUD cares nothing about it because Ginnie Mae needs all these banks to help them commit fraud!