Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

A Tiny Little Website....SPANKS THE BANKSTERS!

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Capt. Jack Donating Member (237 posts) Send PM | Profile | Ignore Tue Jun-15-10 01:23 PM
Original message
A Tiny Little Website....SPANKS THE BANKSTERS!
Right now I am so proud of the volunteers at The Foreclosure Hamlet!

The Palm Beach Post

http://blogs.palmbeachpost.com/realtime/2010/06/15/foreclosure-case-dismissed-after-judge-finds-he%E2%80%99s-been-misled-by-alleged-lender/

snip1>

Foreclosure case dismissed after judge finds he’s been misled by alleged lender
by Kim Miller

A foreclosure case against a St. Johns County couple was dismissed last week following confusion and possible deliberate “fraud upon the court” concerning the actual owner of the promissory note.

Foreclosurehamlet.org highlighted the case on its Web site and it appears to follow a judicial trend where judges are paying closer attention to who actually owns the note and whether the entity even has a right to foreclose.

snip1>

snip2>

"According to the June 10 ruling in St. Johns, the plaintiff originally said the note was lost, then claimed the note was found, then claimed it owned the note by virtue of an assignment. But a foreclosure action cannot be based on an assignment that didn’t even exist at the time the initial foreclosure was filed in February 2009.

The lender then claimed it was the servicer of the loan and that Wells Fargo owned the note, but a stamp on the amended documentation was from the First National Bank of Nevada, which closed in 2008 and therefore couldn’t have been added after the 2009 filing.

It’s all very confusing, but in the end, Circuit Court Judge Michael Traynor says the court “has been misled by the plaintiff from the beginning.”

snip2>

Ha! Wells Fargo...First National...IN YOUR FACE YOU SHAMELESS WEASELS!

Join in the merriment!

http://www.foreclosurehamlet.org
Printer Friendly | Permalink |  | Top
Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-15-10 01:30 PM
Response to Original message
1. I don't understand this whole thing that they pulled, but is this because
they bundled up the mortgages and sold them..sold them...sold them until they lost track of who had what mortgage/deed? If so, Good! I hope they burn the banks for engaging in this practice. It's time the homeowner wins a few.
Printer Friendly | Permalink |  | Top
 
dionysus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-15-10 01:32 PM
Response to Reply #1
2. yes. mortgages were actually split into shares, like a stock, and sold off.
once that has happened... how the hell can you determine who "owns the note"?
Printer Friendly | Permalink |  | Top
 
truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-15-10 01:44 PM
Response to Original message
3. I really really wish this type of story was on the first page of every daily in the USA
Instead we have these weaseley pieces like the one that ran in Press Democrat (Santa Rosa Calif) last week about how awful people are for walking away from the mortgage payments on the houses they were sold in 2005 and 2006.

Some of the Bigger Industry players are now suggesting we bring back Debtors Prisons - although the banks themselves routinely walk away from busines deals that are not good for them, We the People shouldn't be able to do that too.

And of course, the media gets huge Ad Money each week from banks, and not from us little folks.
Printer Friendly | Permalink |  | Top
 
ljm2002 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-15-10 01:54 PM
Response to Original message
4. Good work!!!!!
The law is the law. Or so I've heard. Nice to see it pan out for the little guys once in awhile.

K&R
Printer Friendly | Permalink |  | Top
 
Capt. Jack Donating Member (237 posts) Send PM | Profile | Ignore Tue Jun-15-10 02:08 PM
Response to Reply #4
5. Thanks!
Finally...I see some DU members joining our site!!!!

We welcome you with open arms!

This video explains the racket quite nicely ----> http://www.youtube.com/watch?v=nZ6lPaiKmwg

Thank You!

http://www.foreclosurehamlet.org
Printer Friendly | Permalink |  | Top
 
Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-15-10 02:38 PM
Response to Original message
6. K&R
Printer Friendly | Permalink |  | Top
 
Capt. Jack Donating Member (237 posts) Send PM | Profile | Ignore Tue Jun-15-10 02:45 PM
Response to Reply #6
7. As far as a deficiency judgment goes...I say...
Stuff it right up their TARP funds!

http://www.foreclosurehamlet.org
Printer Friendly | Permalink |  | Top
 
Capt. Jack Donating Member (237 posts) Send PM | Profile | Ignore Tue Jun-15-10 06:20 PM
Response to Original message
8. ANOTHER Investigation begins - David Stern Foreclosure Mill!
Yesterday I posted this notarized, witnessed, yet unsigned Assignment of Mortgage, recorded in the clerk of court, and executed by the David J. Stern Law Firm in a foreclosure action:

http://www.scribd.com/doc/32979257/Cheryl-Samons-David-J-Stern

Fast Forward to today:

What do have we here ladies and gentlemen? This Press Release is dated June 01, 2010 but was just discovered and pollinated by http://www.4closurefraud.org/

The full story can be read below.

http://4closurefraud.org/2010/06/15/kaboom-david-j-stern-djsp-enterprises-inc-under-investor-investigations-for-violations-of-federal-securities-laws/

snip>

"I bet this investor group would LOVE to hear about the Foreclosure Frauds perpetrated by this organization…

Kick Em While They’re Down

Just like they do to the homeowners that they are fraudulently foreclosing on…

PRLog (Press Release) – Jun 01, 2010 – An investigation on behalf of investors in DJSP Enterprises, Inc (NASDAQ:DJSP) securities over possible violations of Federal Securities Laws by DJSP Enterprises was announced.

If you are an investor in DJSP Enterprises, Inc (NASDAQ:DJSP) securities, you have certain options and you should contact the Shareholders Foundation, Inc by email at mail@shareholdersfoundation.com or call +1 (858) 779 – 1554."

snip>

Again, I thank DU and it's members for allowing (and helping) this message pollinate. I'm the Hamlet admin and see that a few folks from DU have joined up!

Bless you and welcome aboard. They can not cover all our eyes.

http://www.foreclosurehamlet.org

Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sun May 05th 2024, 03:51 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC