Property Rights Gone Wrong
Dylan Ratigan Huffington Post Most mortgages in America are now backed by our government. And in order for a bank to get that backing from…
Housing
Secretly-passed bill to provide foreclosure cover to banks on Obama’s desk
Dees Illustrations Scot J. Paltrow Reuters A bill that homeowners advocates warn will make it more difficult to challenge improper foreclosure attempts by big mortgage…
Congressman Grayson: “Breaking and Entering Does Not Become Legal Just Because a Big Bank Does It. The Rule of Law Must Apply Equally to Everyone”
Washington’s Blog Congressman Alan Grayson’s office sent me the following statement by the Congressman on the rampant foreclosure fraud, and the unlawful breaking and entering…
Banks Breaking Into Occupied Homes In Foreclosure To Change Locks
Dees Illustration Huffington Post In their zeal to complete foreclosure proceedings, some banks send representatives to change the locks on properties in foreclosure, even as…
Financial Warfare and the Failure of US Military Leadership
Damon Vrabel Lew Rockwell The “War on Terror” has become the most successful military diversion in history, having lasted twice as long as WWII so…
Shock Therapy for Wall Street: Banking Giants Suspend Foreclosures
Ellen H. Brown Web of Debt “Maybe this is like shock therapy. Maybe this will actually get the lenders to the table and encourage them…
Fraud Factories: Rep. Alan Grayson Explains the Fraud Foreclosure Fraud Crisis
Youtube – RepAlanGrayson This is Rep. Alan Grayson explaining the crisis of foreclosure fraud and how it links to the entire securitization chain of Wall…
JPMorgan Suspending Foreclosures
David Streitfeld The New York Times In a sign that the entire foreclosure process is coming under pressure, a second major mortgage lender said that…
Lauderdale man’s home sold out from under him in foreclosure mistake
(Robert Duyos, Sun Sentinel / September 19, 2010) Harriet Johnson Brackey Sun Sentinel When Jason Grodensky bought his modest Fort Lauderdale home in December, he paid cash. But seven months…
Ally Financial legal issue with foreclosures may affect other mortgage companies
Ariana Eunjung Cha The Washington Post Some of the nation’s largest mortgage companies used a single document processor who said he signed off on foreclosures…
15 Bone Chilling Signs That Part Two Of The Double Dip Housing Crash Has Begun
The Economic Collapse Blog These are harrowing times for anyone trying to sell a home or for anyone who is trying to make a living in…
Grayson Calls Illegal Foreclosures “Largest Seizure of Private Property Ever Attempted by Banks and Government”
Zero Hedge The key story from this morning was the Bloomberg report that GMAC Bank had halted foreclosures in 23 states, following disturbing news from…
Home Prices Drop in 36 States; Beazer Warns on Orders; 8 Million Foreclosure-Bound Homes to Hit the Market; Prices to Stagnate for a Decade
Mish’s Global Economic Trend Analysis The small upward correction in home prices from multiple tax credit offerings died in July. Worse yet, inventory of homes…
Foreclosures Rise; Repossessions Set Record
Joseph Pisani CNBC News Associate US foreclosure activity rose in August from the previous month, and banks and lenders took ownership from homeowners at a…