Mitt Romney | FORECLOSURE FRAUD | by DinSFLA

Tag Archive | "Mitt Romney"

Romney takes money from Major Michigan Foreclosure Firm Trott & Trott PC

Romney takes money from Major Michigan Foreclosure Firm Trott & Trott PC


Romney also profited from lenders foreclosing on thousands of floridians … winning support of BFF LPS and Pam Bondi.


FREEP-

A Farmington Hills law firm that represents mortgage giants Fannie Mae and Freddie Mac in foreclosure and eviction cases has contributed $200,000 to a super PAC supporting Republican Mitt Romney for president.

That super PAC, Restore Our Future, has run ads against Romney’s GOP rival Newt Gingrich, attacking his ties to Freddie Mac and accusing him of “cashing in” on the foreclosure crisis.

The Dec. 27 contribution, disclosed Tuesday in a Federal Election Commission filing, was written from the corporate account of Trott & Trott PC. A 2010 Supreme Court decision allows corporations and unions to spend unlimited amounts on independent campaigns to support or oppose federal candidates.

Managing partner David Trott is a member of Romney’s Michigan finance committee. He and his wife also contributed $7,500 to the Romney campaign, and his employees contributed more than $11,000 to Romney.

[FREEP]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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EXCLUSIVE: Romney Profited From Mortgage Lenders Foreclosing On Thousands Of Floridians

EXCLUSIVE: Romney Profited From Mortgage Lenders Foreclosing On Thousands Of Floridians


They’re all connected to Wall Street and against us.

Go ahead and vote for this winner who was cashing in on you getting booted out your home!

ThinkProgress-

A ThinkProgress examination of Mitt Romney’s presidential personal financial disclosuresfrom May 2011 reveal that the former Massachusetts governor and his wife own or owned millions of dollars worth of a Goldman Sachs investment fund invested heavily in mortgage-backed obligations. And the current owners of those mortgage debts began foreclosure proceedings against thousands of Floridians.

Along with his investments in Bain Capital funds linked to offshore tax havens, the Romneys have large investments in the Goldman Sachs Strategic Income Fund (institutional class). The firm’s March 2011 annual report for the fund notes that about 8 percent of the fund is invested in banks and 24.5 percent is invested in mortgage-backed obligations. Romney’s form says he has invested between $1,000,001 and $5,000,000 in the fund and his wife Ann has invested an additional $1 million-plus. Since the 2008 economic meltdown and the enactment of the Troubled Asset Relief Fund, this fund has done quite well, growing 7.88 percent between April 2010 and March 2011.

[THINKPROGRESS]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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Abigail Field: Meet FL AG Pam Bondi, Foreclosure Fraudsters’ BFF

Abigail Field: Meet FL AG Pam Bondi, Foreclosure Fraudsters’ BFF


I’d like to add this tid bit: An attorney for Lender Processing, Martin Fiorentino, who lobbied on behalf of the company, is actively involved in both state and national politics. Fiorentino is a well-known political fundraising bundler, and has raised at least $102,9000 for presidential hopeful Mitt Romney. The Fiorentino Group has been paid at least $180,000 by Lender Processing Services since 2009.

Guess which Presidential candidate Bondi just endorsed?

Abigail C. Field-

Our national foreclosure crisis has epicenters; Florida is one. Florida’s Multiple Listing Service currently lists 15,755 foreclosure properties in Miami alone (Jan 8, 2012). Prices have fallen so far in some areas homes are selling for less than “a used Toyota.”

Foreclosure statistics, like all numbers, fail to convey the human misery involved. If “irresponsible borrowers” caused Florida’s crisis, well, no one would look to the Attorney General for action. What does law enforcement have to do with irresponsible borrowers? But that’s not what happened–banker fraud and gambling wrecked the housing market. And now the banks are resorting to document fraud to process the millions of foreclosures their earlier bad acts set in motion.

[REALITY CHECK]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Posted in STOP FORECLOSURE FRAUDComments (1)


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Kenneth Eric Trent, www.ForeclosureDestroyer.com

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