HUGE DEVELOPMENT IN FORECLOSURE FRAUD - FEDERAL Bankruptcy Trustee Joining In Litigation AGAINST FORECLOSURE MILLS AND MORTGAGE SERVICERS! | |
Resister User ID: 669410 United States 10/12/2010 10:19 AM Report Abusive Post Report Copyright Violation | Re: HUGE DEVELOPMENT IN FORECLOSURE FRAUD - FEDERAL Bankruptcy Trustee Joining In Litigation AGAINST FORECLOSURE MILLS AND MORTGAGE SERVICERS! "God forbid we should ever be 20 years without such a rebellion. The people cannot be all, & always, well informed... If they remain quiet under such misconceptions it is a lethargy, the forerunner of death to the public liberty... Let them take arms... What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. " - Thomas Jefferson in 1787 |
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rachald User ID: 1272198 United States 02/20/2011 09:10 PM Report Abusive Post Report Copyright Violation | Re: HUGE DEVELOPMENT IN FORECLOSURE FRAUD - FEDERAL Bankruptcy Trustee Joining In Litigation AGAINST FORECLOSURE MILLS AND MORTGAGE SERVICERS! Banks Got Caught! The Mortgage Litigation process is when attorneys sue the lender/bank on behalf of homeowners. Over the past decade, homeowners have fallen victim to deceptive practices by their lender in the way their mortgages have been implemented, recorded, transferred, and executed. One of the overlying themes that law firms are discovering in the majority of these cases is the securitization of mortgages. Over the past 10 years, lenders thought they had found an efficient and cheap way to buy and sell mortgages. Lender’s business practices were focused on making money any way they could with very little regulation. This was securitization, where they would routinely bundle large amounts of mortgage notes and electronically transfer them to large investment pools over and over again. As a result, these transfers were not properly recorded; therefore, it is being challenged that banks rightfully own these mortgages, and that they have been illegally collecting payments and fraudulently performing foreclosure actions. Our attorneys will file a lawsuit in the US court system against the homeowner’s bank! This takes the decision making ability away from the banks and offers the homeowner to get equitable justice. When lenders are forced into this position, you win! Contact me for more information: [email protected] |