Wednesday, December 21, 2011

Rob Harrington Contemplates the Death of His Father & Foreclosures

Independence Day?
July 4th, 2010 ---

Contributed by Rob Harrington

Today, I will remember my father who passed away so recently. He was a retired officer of the United States Air Force. A fervent defender of the Constitution and of fact and law, and an avid student of History, this highly decorated, honest man devoted his entire life to preserving our noble freedoms.
Last Memorial day in Washington D.C., as my mother and I visited Arlington National Cemetery where he is to be buried with full military honors, 100,000′s of Vietnam veterans were also visiting D.C. for “Rolling Thunder” to also pay their respects to fallen brothers and sisters of the Vietnam War. This was the same War my father earned a Bronze Star among many other decorations for valor and dedication while risking his own personal safety and life.

It was that Sunday I picked out a book in his vast historical library to begin a read for the long, sad trip home back to Florida. Florida is where I have been fighting fraud and for property rights for several long, frustrating years. The book I chose was written about the Vietnam War entitled The War of the Innocents by Charles Bracelen Flood. Published in 1970, Mr Flood foresaw the main reason WHY the South Vietnamese and the U.S. would EVENTUALLY LOSE the war against the Communist Viet Cong. The ex-Army, Harvard graduate keenly observed that the poor Vietnamese peasant farmers were CONSTANTLY having their PROPERTIES SEIZED ILLEGALLY BY A CORRUPT GOVERNMENT AND THEIR CORRUPT, WEALTHY BUSINESS PARTNERS.

The constant harassment, removal, and dislocation of the poor, peasant farmers and their families contributed greatly to the lack of support of their corrupt Saigon Government, and indeed the lack of responsibility of its own soldiers and citizens to fight effectively against the Communists.In 2010, even an 8 year old being removed from their home due to a questionable foreclosure could draw the same conclusion regarding a corrupt system that aids and abets illegal and fraudulent harassment, removal and dislocation of too many families who’s unalienable rights are being denied. Today, I will remember the millions of Americans who were defrauded by the Banks and are now being removed from their homes by the very governments who were supposed to protect them. Their protections are DENIED almost daily by the very consumer laws that are NOT being enforced nor upheld.

IF FACT AND LAW ARE NOT BEING UPHELD IN THE COUNTRY WHO HAS SHED THE MOST BLOOD FIGHTING COMMUNISM AND FASCISM IN THE HISTORY OF MANKIND, WHAT DOES THAT REVEAL ABOUT THE NATURE OF THOSE WHO SWEAR A HOLY OATH TO DEFEND AND PRESERVE THE CONSTITUTION OF THE UNITED STATES OF AMERICA AND OTHER LAWS– AND DO NOT?

Tomorrow, I begin researching “Fraud on the Courts” on forged complaints and so-called “supporting” documents made by so-called “officers of the court” in yet another legal battle on a case already dismissed once before.

Today, on the morning of the 4th of July, I will miss my father terribly. Today, I weep in utter despair as I write this message to whoever cares to read it. I sincerely question that his whole life was dedicated to being deceived by a collossal lie?

On July 4th, 2010, this is NOT a happy day for me. Is this really Independence Day in foreclosureland?
Rob Harrington
--
Rob Harrington
VP/Business Development - BPIA
rob.bpia@gmail.com
direct contact: (850) 259-6422
BP Investigative Agency, LLC
5200 SW Meadows, Ste. 150
Lake Oswego, OR 97035

Fax: (503) 726-5911
www.bpinvestigativeagency.com

Friday, December 16, 2011

NEVADA AG FILES LAWSUIT AGAINST LENDER PROCESSING SERVICES

On December 15, 2011, Catherine Cortez Masto, Attorney General of Nevada, filed Case No: A-11-653289-B in Dept XI on behalf of the State of Nevada versus Lender Processing Services, Inc; Fidelity National Information Service, Inc; LPS Default Solutions, Inc; DOCX, LLC, and various does in the District Court of Clark County, Nevada.

This complaint is enlightening for Washington Mutual borrowers who are being foreclosed by JPMorgan Chase Bank NA which utilizes the services of LPS to foreclose.We've heard about the robosigning but the list of abuses is piling up.  How long will LPS and Chase get away with foreclosing without accountability in California and other states?


The complaint alleges that LPS falsified, forged and/or fraudulently executed an unknown number of foreclosure-related documents in Nevada and elsewhere in the country; that LPS filed or knew would be filed in Nevada courts and/or with county recorders in Nevada; that LOPS knew would be provided to consumers; and that LPS transmitted to its mortgage servicer clients (Servicers such as JPMorgan Chase Bank NA); that LPS knew homeowners, courts, attorneys and Services would rely on these documents to pursue foreclosures on Nevada homeowners.


Further allegations:  


That allegedly LPS improperly directs and/or controls the work of foreclosure attorneys in the LPS Network.  LPS claims to be a mere technology provider and administrative middle-man when it actually handles core responsibilities traditionally in the purview of Servicers. 


And the list of issues goes on and on -- where are the prosecutions and complaints in California?
Where does AG Kamala Harris stand on this?

To review the complaint go to:
http://stopforeclosurefraud.com/2011/12/16/complaint-state-of-nevada-vs-lender-processing-services-inc-fnis-docx/

OCC Issues Guidance On Foreclosures For Banks–Check Out The Rules They Are Supposed To Comply With

Go to:    OCC CONSENT ORDER GUIDANCE ON FORECLOSURE

Wednesday, December 7, 2011

JPMorgan to Fight Mortgage Investors for 'Years': Dimon

Try Jim Cramer's Action Alerts PLUS
Financial Services

JPMorgan to Fight Mortgage Investors for 'Years': Dimon

Shanthi Bharatwaj

12/07/11 - 02:49 PM EST
NEW YORK (TheStreet) --JPMorgan Chase(JPM) CEO Jamie Dimon told investors Wednesday that the bank has built significant reserves for mortgage-related claims, but will emerge victorious from a prolonged litigation battle.

"We have hired top lawyers", Dimon said, and the bank has numerous legal and technical defenses, including the fact that investors were sophisticated and that the disclosures were clear. He also said damages are difficult to prove because so much of the loss may have stemmed from economic decline. "Housing prices fell 40%; hard to argue it was due to something else," he said.

JPMorgan Chase CEO Jamie Dimon
The bank faces litigation over $54.9 billion of original mortgage balances (excluding Washington Mutual) in the form of securities lawsuits and repurchase claims. But investors demanding repurchases are also likely to face substantial hurdles in challenging the bank.

"In either case, claimants are potentially facing years of litigation," Dimon said in his presentation.
In the case of repurchase claims, investors have to do a loan-by-loan analysis in order to prove that a breach in underwriting standards "materially and adversely" affected the value of the loan. The process can be lengthy and decidedly more difficult for private label investors compared to the GSE experience, according to Dimon.

The FHFA has the right to subpoena this information on behalf of Fannie Mae and Freddie Mac, but private label investors need to file a lawsuit to obtain these files or require about 25% to 50% of investor voting rights to get the trustee to obtain this information from the servicer.

He added that there is a significant overlap between repurchase and securities exposure. "We do not intend to pay twice for the same exposure," he said.

--Written by Shanthi Bharatwaj in New York

>To contact the writer of this article, click here: Shanthi Bharatwaj.
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Sunday, December 4, 2011

The Banksters $7.7 Trillion -- yes TRILLION $ - Bailout



What about the $7.7 TRILLION bailout they "the banks" and "our government" forgot to mention.  Makes TARP look like peanuts. Truly the banks get bailed out and we continue to get sold out.  If the banks would refinance the homes of distressed homeowners at the 0.01% interest rate that the Fed gave the banks, we could all save our homes. 
Jon Stewart sums it up beautifully and asks "Why the bleep did Martha Stewart go to jail?"  
My question is this:  When are the banksters going to jail?
http://www.thedailyshow.com/full-episodes/thu-december-1-2011-bob-costas?xrs=share_fb
 
Here is Eliot Spitzer's take on this story:
 
http://www.alternet.org/story/153291/eliot_spitzer%3A_5_ways_to_make_banks_pay_for_their_secret_%247_trillion_free_ride?page=2