In what may be the most blatant and stunning discovery to date in the mortgage fraud game, actual public records with the words “BOGUS ASSIGNEE” and “BOGUS ASMTS” as the GRANTEE in the records themselves have been found in cases in AL and FL that have been used in actual foreclosure proceedings resulting in people [...]
Today the Huffington Post came out with a great article to encourage Americans to take action - non partisan, populist action - and put their money into small community banks and get it out of the Too Big To Fail Bailed Out Bully Banks -
Read the article here: Move Your Money - A New Years [...]
This piece from Greg’s Law and Economic Blog demonstrates the Extend and Pretend Game that is still in full force across the nation as more and more loans go delinquent, yet fewer and fewer go to foreclosure, short sale, loan modification or refinance…
Proof banks are sitting on severely delinquent home loans
The housing market is not [...]
Continue reading about Proof Banks are Still Playing Extend and Pretend
Bloomberg Reported on August 5th that analysts for Deutsche Bank predict Underwater Mortgages to Hit 48% Before the Housing Crisis Done
“The percentage of “underwater” loans may rise to 48 percent, or 25 million homes, as prices drop through the first quarter of 2011, Karen Weaver and Ying Shen, analysts in New York at Deutsche [...]
Continue reading about ‘Underwater’ Mortgages to Hit 48%, Deutsche Bank Says
