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Foreclosure filings down 20% in first half of 2016

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Mortgage Professional America | 18 Jul 2016, 08:15 AM Agree 0
While several states saw annual increases in foreclosure activity, the nationwide average continues to trend downward
  • | | 18 Jul 2016, 03:52 PM Agree 0
    The courts across the country are allowing forged and fabricated evidence to be used to steal homes in fraudulent foreclosures. Legal instruments authenticate ownership and outlined rights of both buyer and seller, but when banks resort to fabrication and forgery to create the illusion of ownership the entire system breaks down.When a mortgage servicer is able to steal a home by presenting forged documents and no proof that they paid for a mortgage; life, liberty and the pursuit of happiness are violated.We recognize the long history and complex nature of the act of corruption, bribery, and fraud in government and among corporations. Corruption destroys the economy, faith in government and an individual’s freedom and right to due process.
    Fannie Mae, in cahoots w/bank of america, (or as they prefer in their falsified assignments: fka Countrywide), KNOWINGLY LIED to the District Attorneys about modifications in regards to their ponzi scheme mortgages , and instead underhandedly, bundled up the mortgages AGAIN, but not before forging owner's signatures on DOT's and adding falsified stamped "ta-da" endorsements, fabricated assignments and then handed them over to others, such as Ditech (FKA GreenTree), who then handed the fabricated documents over to their handy dandy substitute less than "trusty" trustee attorneys (One example: Samuel I White ..attorneys formerly w/ Shapiro & Burson who Freddie supposedly Stopped using due to their widespread fraudulent practices.... who skipped and STILL are skipping to the courthouses across the country and turning in their fabricated evidence to foreclose on thousands of homeowners, who were NOTHING , but bamboozled from the start. But it's ok because evil bank of america dished out anywhere from $300-$2000 per homeowner a few years ago as their hush hush punishment. Then the games began...lies about modifications, lies about trial payments, lies about lost modification applications....all to stall and then bundle them up again with the newfound forgeries and falsifications. But it's ok because after Fannie Mae(hiding behind their handy dandy substitute trustees) kicks the defrauded homeowners to the curb, they'll make up for it by selling the home to minorities or small time investors. Sorta like if a child molester rapes a child and then on the way home stops by the candy store to buy a gumball for a kid on the street. How pathetically evil! Anyone who believes the wall street bailout ended in 2008 is sadly and sorely mistaken.
  • $$$ | | 18 Jul 2016, 07:59 PM Agree 0
    Well said. Should be interesting how BONY handles the Borrowers after the 515 trusts are settled, little lone the toxic 15 trusts that are separated.
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