| User Info
| And Here's Another One: Georgia in forum [Market-Ticker]
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Dashingdwl
Posts: 9760
Incept: 2007-06-26
los angeles
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Bank of America finds foreclosure mistakes: report On Monday October 25, 2010, 1:04 am EDT (Reuters) - Bank of America Corp (NYSE:BAC - News) acknowledged some mistakes in foreclosure files as it begins to resubmit documents in 102,000 cases, the Wall Street Journal said. The bank found errors in 10 to 25 out of the first several hundred foreclosure it examined starting last Monday, the newspaper said. The problems included improper paperwork, lack of signatures and missing files, as well as cases in which information about the property and payment history being unmatched, the Journal said. The bank told the newspaper that some of the defects seem relatively minor, and the bank has not found any evidence of wrongful foreclosures. The bank found the errors while preparing less than 1 percent of the first foreclosure files that it intends to resubmit to the courts in 23 states, the Journal said. http://finance.yahoo.com/news/Bank-of-Am....
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When you are hard and disciplined, you can be principled. People fear you because they have no leverage against you. It's the truest form of Liberty.
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Meltdown
Posts: 1844
Incept: 2008-03-18
FL
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I call BULL****!
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VICTORY BELONGS TO THE RELENTLESS!
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Tesla
Posts: 15541
Incept: 2008-04-03
State of Disbelief
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Not being a lawyer or playing one on TV, I'm a bit unsure about something.
When you submit documents to a court, isn't it fraud if they are incorrect ? For EVERY document submitted, do you have to attest that it is correct and you have personal knowledge of it ? Or just some documents ?
In the situation where BofA admits that property and payment info are incorrect, is that an allowable error or were they attested to and notarized ?
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"Even a dog knows the difference between being stumbled over and being kicked." -Justice Oliver Wendell Holmes
"Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." -Samuel Adams
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Genesis
Posts: 130746
Incept: 2007-06-26
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Yes, it is fraud.
Now show me someone willing to prosecute it.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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N9lhm
Posts: 92
Incept: 2010-01-28
South Bend, IN
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Karl, did you ever get any replies on your request for faxes of complete/correct foreclosure paperwork that you solicited? Inquiring minds want to know :)
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Genesis
Posts: 130746
Incept: 2007-06-26
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Not one.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Flyanddive
Posts: 578
Incept: 2008-10-10
Detroit
Online
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My question is what happens to a person who bought a REO home and the previous owner falls under this category.
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"I've seen people go into real poverty trying to pretend to be rich."
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Thetemplateblog
Posts: 945
Incept: 2008-10-21
Pa
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And I am still paying my morgage because?
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If it moves and it shouldn't, use duct tape.
If it doesn't move and it should, use WD40.
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go smoke in your little yellow circle...****ing sheep
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Snowman
Posts: 1798
Incept: 2009-03-09
avoiding yellow snow
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I am just waiting for Tavakoli's nuclear bomb on this whole ordeal. She has made some comments, she must have many detailed skeletons lurking around. but maybe it is all about timing....Some more "Georgia's".
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Genesis
Posts: 130746
Incept: 2007-06-26
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If you want my guess she's consulting with someone who is putting together some sort of massive legal action, and is going to wind up on someone's witness list.
If you're looking in the wrong direction when that happens your retinas will be instantly destroyed - her name appearing on any of these suits would mean instant death to the entire banking complex.
I hope she's armed and has good security.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Glassman1313
Posts: 5
Incept: 2009-12-06
pittsburgh
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So what should I do, 50% equity, MERS allover the deed, note sold 3 times in 8 yrs, current on pymts.,relatively stable re mrkt.... western pa., interest of 6% wanting to refi.??? Called local attorney and they are pretty much clueless to whats happening nation wide, I know way more than they do.But he did admit to getting a couple questions about mer's...... Anyone????????? I want to fight these bastages.
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Markpmc
Posts: 20
Incept: 2009-08-10
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Okay I admit it I didn't search.
I live in Alabama a non-judicial state. Does this apply as well? Is there some 'admin type' that we just be shinning a light on as they continue to approve this crap.
Mark
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Genesis
Posts: 130746
Incept: 2007-06-26
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The problem with non-judicial states is that getting STANDING in front of a court to blow the door off this thing is a LOT harder.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Sangell
Posts: 379
Incept: 2009-08-16
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This is pretty big deal. Fulton county is Atlanta no? This isn't like that Kentucky county judge, no offense to him or Kentucky, this a ruling in a major US metropolitan area that is HQ to the 5th largest US bank SunTrust.
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Genesis
Posts: 130746
Incept: 2007-06-26
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It's a suit at this point, not a ruling.
But yes, if this actually goes, it's huge.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Markpmc
Posts: 20
Incept: 2009-08-10
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Quote:
The problem with non-judicial states is that getting STANDING in front of a court to blow the door off this thing is a LOT harder.
Gen - I wasn't thinking about the court system, I was wondering if the 'admin foreclosure' documents could be audited and if found to error prone w/ assignments then some intelligent questions could be posed publicly. I understand the 'standing' issue, but I also know that 'public pressure' does count for something. Mark |
Genesis
Posts: 130746
Incept: 2007-06-26
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Yes.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Mannfm11
Posts: 3544
Incept: 2009-02-28
DFW, Tx
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A constructive contract is a remedy to constructive fraud. I believe constructive fraud isn't a claim it originated in fraud, but rests in it.
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The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
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End_the_bubbles
Posts: 9520
Incept: 2009-03-25
The New 3rd World
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Quote:These are getting rather, well, numerous. Kinda like rabbits... More like cockroaches! First small, then larger -  
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In the long run even the most despotic governments with all their brutality and cruelty are no match for ideas. Eventually the ideology that has won the support of the majority will prevail and cut the ground from under the tyrant's feet and rise in rebellion to overthrow their masters.
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Maverick2112
Posts: 69
Incept: 2007-08-29
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I bet a great real estate lawyer will be in big demand in the next few years. I talked to 2 lawyers and they know way less than I do. I told both of them to start educating themselves with the ticker.................I gave them the web addy.............
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Mikek31
Posts: 4357
Incept: 2009-05-04
Chicago
Online
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Of course it's fraud. If you think this is just a bunch of mistakes, you're either lying or you need to seriously check your headgear because you're being deluded by the MSM.
To prove fraud, you have to show either intent to deliberately conceal a material fact or recklessly make a false statement of fact, without knowing whether it is true or false. The former is a bit harder to prove, but the latter is bolded because IT HAS ALREADY BEEN PROVEN NUMEROUS TIMES IN SWORN TESTIMONY!
Additionally, this is vicarious liability on the part of any one of these corporations who used "robo-signers" that admitted this was company policy through depositions.
These bastards need to be taken down...
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Intentional manipulation of markets is usually thought of as a crime, not a benefit, and should lead to indictments, not praise. -Karl
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