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Barbara Ann Jackson
3 Comments
Housing Market Tracker - U.S./Global Subprime Review
Critical to the Foreclosure Crisis is FRAUD, which enables LENDERS to ILLEGALLY FLIP property. Such Debt Collector attorneys file foreclosure naming DEFUNCT mortgage companies, or companies which NO LONGER hold the Note; or affix "ransom" amounts (fees) exceeding "Acceleration Clauses. Any DECLARATION ABOUT $$$ billion dollar losses due to mortgage DEFAULT should be weighed against needless $$$$ to lawyers who outmaneuver -and persecute owners for opposing these frauds. " In States such as Louisiana, 2 particular mortgage companies which benefit from fraudulent foreclosures are Wells Fargo and FREDDIE MAC.
Despite a property owner's entitlement to Challenge CONTRARY-TO-LAW loss of his / her home, most property owners LACK legal knowledge; the Court System is REFRACTORY; and there are limited attorneys with Consumer Law acumen. Also, when borrowers sue for "Unfair Debt Collection Practices," damages, the collector gets to make more $$ through prolonged litigation, as co-conspirators enjoy the foreclosure fraud pie, Investors get zero. (See lawgrace.org)
Securities Investors need to take action, responsibility, and become better informed about how debt collection fraud as well as mortgage servicers' misdeeds hurts borrowers as well as siphons incalculable amounts of money from what Investors should reap. (See "Limiting Abuse and Opportunism By Mortgage Servicers," AND "Private Property Rights Deferred: Has Predatory Mortgage Servicing Destroyed The American Dream" by Rawle Andrews, Jr., Esq.,and Leroy Jones, Jr., J.D. Visit: www.msfraud.org/index.....) **In the near future, because of negligence, Investors will likely share liability for collectors’ misdeeds.
SEE:
Mortgage Mess, Foreclosure Fraud and Impediments to Justice,
newsblaze.com/story/20....
ILLEGAL REAL ESTATE FLIPPING...
www.lawgrace.org/2007/.../
Comment on the Foreclosure of Judge Reginald Badeaux’s Home
www.lawgrace.org/2007/.../
-Barbara Ann Jackson
lawgrace.org
Is it Time to Start Looking for a Bottom in the Housing Market?
Most critical to the Foreclosure Crisis is FORECLOSURE FRAUD. FORECLOSURE FRAUD enables MORTGAGE LENDERS to ILLEGALLY FLIP properties. It is HIGHLY COMMON for a DEBT COLLECTOR attorney to file a foreclosure naming a DEFUNCT mortgage company, or naming a mortgage company which is NO LONGER holder of the promissory note; or file a foreclosure affixing a "ransom" amount (the collector's fee) far exceeding the "Acceleration Clause." In States such as Louisiana, 2 particular mortgage companies which benefit from fraudulent foreclosures are Wells Fargo and FREDDIE MAC.
Any representation about $$$ billion dollar losses due to people defaulting on mortgages should be weighed against the fact that some mortgage giants needlessly pay DEBT COLLECTION firms outrageous legal fees for corporate lawyers to outmaneuver -and even persecute people who file court proceedings in opposition to fraudulent foreclosures. Despite a property owner’s entitlement to Challenge CONTRARY-TO-LAW loss of his / her home, most property owners LACK consumer and legal knowledge; the Court System is REFRACTORY; and there are limited attorneys with acumen to pursue Consumer Law. Also, when borrowers sue for “Unfair Debt Collection Practices,” damages, the collector gets to make more $$ through prolonged litigation, as co-conspirators enjoy the foreclosure pie. In fact, some collectors even file in Bankruptcy Court falsified “Motion To Lift Stay” pleadings for purposes of accomplishing SIMULATED AUCTION. Irrefutable proof of these things is posted on lawgrace.org. *In fact, some collectors even file in Bankruptcy Court a false “Motion To Lift Stay” pleading for the purpose of accomplishing a SIMULATED real estate auction.
Also, Securities Investors need to become more astute about how mortgage servicers' misdeeds hurts borrowers as well as siphons incalculable amounts of money from what Investors should reap. (See "Limiting Abuse and Opportunism By Mortgage Servicers," AND "Private Property Rights Deferred: Has Predatory Mortgage Servicing Destroyed The American Dream" by Rawle Andrews, Jr., Esq.,and Leroy Jones, Jr., J.D. Visit: www.msfraud.org/index.....)
Here’s a few more links:
Mortgage Mess, Foreclosure Fraud and Impediments to Justice newsblaze.com/story/20....
ILLEGAL REAL ESTATE FLIPPING...
www.lawgrace.org/2007/.../
Comment on the Foreclosure of Judge Reginald Badeaux’s Home
www.lawgrace.org/2007/.../
Barbara Ann Jackson
lawgrace.org
Time to Reform the Fed?
~~~~~~~~~~~~~~~~~~~~~~...
Freddie Mac’s warning on You Tube about foreclosure scams is contradictory. Representation about $$$ billion dollar losses due to people defaulting on mortgages should be weighed against the fact that Freddie Mac and Wells Fargo needlessly pay DEBT COLLECTION firms outrageous legal fees for corporate lawyers to outmaneuver –and even persecute people who file court proceedings in opposition to fraudulent foreclosures.
FORECLOSURE FRAUD enables MORTGAGE LENDERS to ILLEGALLY FLIP properties. It is HIGHLY COMMON for a DEBT COLLECTOR attorney to file a foreclosure: (i) in the name of a DEFUNCT mortgage company;(ii) in the name of a mortgage company which is NO LONGER holder of the security interest (the promissory note); or (iii) file a foreclosure and AFFIX a "ransom" amount (the collector's fee) far exceeding what the promissory note "Acceleration Clause" authorizes. In Louisiana, Wells Fargo and FREDDIE MAC greatly benefit from fraudulent foreclosures. Irrefutable PROOF of White Collar real estate and mortgage fraud is posted on my lawgrace.org website.
Despite a property owner's entitlement to Challenge CONTRARY-TO-LAW loss of his / her home, most property owners LACK legal knowledge; the Court System is REFRACTORY; and there are limited attorneys with Consumer Law acumen. Also, when borrowers sue for "Unfair Debt Collection Practices," damages, the collector gets to make more $$ through prolonged litigation, as co-conspirators enjoy the foreclosure fraud pie, Investors get zero.
Also SEE:
Mortgage Mess, Foreclosure Fraud and Impediments to Justice
newsblaze.com/story/20...
Viewpoint: Calls for Impeachment of New Orleans Federal Judge
G.Thomas Porteous"
www.opednews.com/artic...
Comment on Foreclosure of Louisiana Judge Reginald Badeaux’s Home
www.lawgrace.org/2007/.../
by Barbara Ann Jackson
lawgrace.org