Tax Deed Treasures

Toxic Titles | Imagine Buying a House then Finding Out Years Later that Someone Else Claims to Own Your Land (VIDEO) | Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge

taxdeedtreasures — Tue, 21 Feb 2012 15:19:10 +0000

Imagine buying a house then finding out years later that someone else claims to own the land under your home. That’s what happened to a St. Petersburg woman. Now she faces a lawsuit and threats that.

via Toxic Titles | Imagine Buying a House then Finding Out Years Later that Someone Else Claims to Own Your Land (VIDEO) | Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge.

The Foreclosure Fraud Iceberg « Reality Check

taxdeedtreasures — Tue, 21 Feb 2012 15:03:21 +0000

U.S. Housing Secretary Shaun Donovan is playing Julie the Cruise Director on the Titanic, telling everyone ‘Don’t worry, there’s no icebergs in these waters. Really, if you see any floating ice in front of us, it’s not the visible tenth of a catastrophe to come.’ Unfortunately ice is visible, it is an iceberg, and the leading edge of the submerged ice is already ripping into our democracy and our economy, leaving deep damage.

via The Foreclosure Fraud Iceberg « Reality Check.

They’re Still Trying to Spin This Robosigning “Settlement” | Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge

taxdeedtreasures — Tue, 21 Feb 2012 14:51:57 +0000

You did read the report out of California, right? 80+% of the foreclosures have indications of fraud and nearly half of the so-called resales of homes where title changes hands appears to have had a grantor that didn’t have an interest in the title itself read: the transfer was in fact a transfer of nothing, as the seller had no interest to convey!

via They’re Still Trying to Spin This Robosigning “Settlement” | Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge.

Why Inequality Matters: 3 Ways the Mortgage Crisis Has Undermined Our Legal System » New Deal 2.0

taxdeedtreasures — Sun, 19 Feb 2012 22:05:49 +0000

Banks are demonstrating that if you have enough money and influence, you’re not expected to follow the same laws as everyone else.

For several years, I have been writing that extreme economic inequality is among the most destructive forces in a society. As inequality grows, it undermines the effective functioning of the economy, the basic tenets of capitalism, and the foundations of democracy.

via Why Inequality Matters: 3 Ways the Mortgage Crisis Has Undermined Our Legal System » New Deal 2.0.

Washington AG Rob McKenna sides with consumers and homeowners vs. MERS forclosures | OregonLive.com

taxdeedtreasures — Sun, 19 Feb 2012 21:55:47 +0000

homeowners this week when he alleged the mortgage industry’s nationwide recording system violates state law and leaves homeowners at risk of fraud and multiple debts. In a case before the Washington Supreme Court, McKenna said that actions by the Mortgage Electronic Registration Systems Inc. violate Washington’s deed of trust and consumer protection laws. He said MERS has illegally deceived homeowners about the true owner of their mortgages and about its authority to foreclose and transfer deeds or loans. “Stated succinctly, the use of MERS … has brought chaos to the mortgage marketplace and stopped the efficient processing of foreclosures,” McKenna said.

via Washington AG Rob McKenna sides with consumers and homeowners vs. MERS forclosures | OregonLive.com.

Why No Investigation? – Credit Slips

taxdeedtreasures — Sun, 19 Feb 2012 03:43:38 +0000

Here’s a bombshell: the San Francisco City Assessor commissioned a serious audit of foreclosure documentation filed in the past few years. The audit examined 400 foreclosures. It found problems with 85% of them, often multiple problems. What’s more, some of the problems are pretty serious as they implicate not only borrowers’ rights, but the integrity of mortgage-backed securities and the property title system.

via Why No Investigation? – Credit Slips.

California Audit Finds Broad Irregularities in Foreclosures – NYTimes.com

taxdeedtreasures — Sun, 19 Feb 2012 03:25:16 +0000

Anecdotal evidence indicating foreclosure abuse has been plentiful since the mortgage boom turned to bust in 2008. But the detailed and comprehensive nature of the San Francisco findings suggest how pervasive foreclosure irregularities may be across the nation.

The improprieties range from the basic — a failure to warn borrowers that they were in default on their loans as required by law — to the arcane. For example, transfers of many loans in the foreclosure files were made by entities that had no right to assign them and institutions took back properties in auctions even though they had not proved ownership.

via California Audit Finds Broad Irregularities in Foreclosures – NYTimes.com.

From Across the Pond | America’s Homeless Resort to Tent Cities (BBC VIDEO) | Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge

taxdeedtreasures — Fri, 17 Feb 2012 06:32:59 +0000

From Across the Pond | America’s Homeless Resort to Tent Cities (BBC VIDEO) | Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge.

Fraudclosure | Wrongful Foreclosure, Fraud and Deceit… All Allegations at the Center of a Lawsuit Against JPMorgan Chase (VIDEO) | Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge

taxdeedtreasures — Fri, 17 Feb 2012 06:23:08 +0000

Fraudclosure | Wrongful Foreclosure, Fraud and Deceit… All Allegations at the Center of a Lawsuit Against JPMorgan Chase (VIDEO) | Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge.

Trashed Out | Chase, Safeguard Properties Clean Out House, Family Heirlooms Gone from Home with NO Mortgage (VIDEO) | Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge

taxdeedtreasures — Fri, 17 Feb 2012 06:15:35 +0000

Trashed Out | Chase, Safeguard Properties Clean Out House, Family Heirlooms Gone from Home with NO Mortgage (VIDEO) | Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge.