House Banking Committee | FORECLOSURE FRAUD | by DinSFLA

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[VIDEO] AZ Rep. Seel Questioned About Personal $100K Home Principal Reduction

[VIDEO] AZ Rep. Seel Questioned About Personal $100K Home Principal Reduction


Read this post below for further explanation to this craziness…

AZ Rep. Seel Drops Amendment Requiring Pre-Foreclosure Chain of Title, 2 Days After Servicer Grants Principal Reduction


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AZ Rep. Seel Drops Amendment Requiring Pre-Foreclosure Chain of Title, 2 Days After Servicer Grants Principal Reduction

AZ Rep. Seel Drops Amendment Requiring Pre-Foreclosure Chain of Title, 2 Days After Servicer Grants Principal Reduction


Another Exclusive from Mandelman

Remember Arizona’s Senate Bill 1259 that would have required servicers to produce a declaration that they had the proper chain of title prior to foreclosing on someone’s home?  You know… the one that passed the Arizona Senate 28-2 that I wrote about back on February 23rd of this year?

Remember maybe a month ago when I tried to follow up to see how the bill was proceeding in the Arizona House of Representatives… only to find out that on the way to the House… it disappeared… the text replaced by some bill about firefighting with the same number?  And no one was saying a word about it?  If you missed it, I wrote about it here.

Okay, well… it appears that the story is not over yet.



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Nancy McLain on SB 1259 “Well, there were people that came and talked to me about it”

Nancy McLain on SB 1259 “Well, there were people that came and talked to me about it”


via KPHO.com

“I’ve got to ask, did lobbyists have anything to do with your decision?” Erwin asked McLain.

“Well, there were people that came and talked to me about it,” she responded.

“Representative, of course the bankers aren’t going to like this bill, it doesn’t help them. But have you talked to the constituents, the folks in foreclosure who could have been assisted by this?” Erwin questioned.

Were these the people who went to speak with her?

SB 1259 – foreclosures; proof of ownership – DO PASS

Zack Porter, Banking and Insurance Committee Intern, explained the bill and answered questions
posed by the Committee.

Senator Reagan, bill sponsor, further explained the bill and answered questions posed by the
Committee.

Wendy Briggs, Lobbyist, Arizona Bankers Association, testified in opposition to the bill and
answered questions posed by the Committee.

William Hultman, Senior Vice President, MERSCORP, Inc., testified in opposition to the bill and
answered questions posed by the Committee.

Lee Miller, Lobbyist, Arizona Trustee Association, testified in opposition to the bill and answered
questions posed by the Committee.

Darrell Blomberg, representing self, testified in support of the bill and answered questions posed
by the Committee.

Beverly Hall, representing self, testified in opposition to the bill and answered questions posed by
the Committee.

Senator Reagan moved SB 1259 be returned with a DO PASS recommendation.
The motion CARRIED with a roll call vote of 4-0-2 (Attachment 2).

Senator Driggs explained his vote.

[ipaper docId=54025690 access_key=key-15nfpnjyeder7sjcfy80 height=600 width=600 /]

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[VIDEO] Arizona SB 1259 “Proof of Showing Ownership of Note” Disappear Right Before Your Eyes!

[VIDEO] Arizona SB 1259 “Proof of Showing Ownership of Note” Disappear Right Before Your Eyes!


Thank you Karl “Ticker Guy” Denninger

by on Apr 24, 2011

Arizona abuse of process in the House Banking Committee – raw, in-your-face usurpation of the Democratic process on display by Rep. McClain (R-3)

Text associated with this video is displayed here:
http://market-ticker.org/akcs-www?post=184886

You’re a worthless viper Ms. McClain.

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