5 Responses to “Fed Continues Foreclosure Scam Prevention”

1. foreclosure relief Says: March 9th, 2009 at 10:42 pm

   I agree. If you are in need of a recovery firm, do background checking just to be sure that they have licensed councilors to help.

2. Tim Manni Says: March 10th, 2009 at 10:45 am

   foreclosure relief,

   Good point. Just make your life easier and go through a government agency like HUD. Yet, I’m sure there are scammers out there that try to disguise themselves as HUD sponsored. Do your homework first and be safe. Thanks for your comment.

   -Tim

3. Barbara Ann Jackson Says: March 18th, 2009 at 10:19 pm

   A thorough investigation is needed for the FORECLOSURE FRAUD which is causing people to FALSELY lose ownership of their properties and become evicted; it cheats Investors, and certain mortgage companies. This fraud occurs when debt collector attorneys deliberately file judicial foreclosures under names of defunct mortgage companies, or companies which do not own the promissory notes, effecting illegal seizures. Those collectors charge fees far beyond “Acceleration Clauses,” thereby making it impossible for borrowers to recover their properties or bring current mortgage arrears. Incredibly (through use of another’s identity), the foreclosure “plaintiff” is actually sometimes the disguised collector. SEE: http://chuckgallagher.wordpress.com/2008/01/03/foreclosure-fraud-an-interesting-variation-of-mortgage-fraud-comments-ethics-speaker-chuck-gallagher/.

   Collectors make even more $$$ from protracted litigations for “Unfair Debt Collection Practices,” etc. (*Example of foreclosure litigation in: “Super Future Equities v. Wells Fargo Bank, et al.”) Accordingly, people actually HAVE NOT lost ownership of their properties, but those owners don’t know it!! For predatory and deceptive mortgage lenders, foreclosure frauds are bonanzas because it makes possible real estate FLIPPING frauds, and misleads Investors concerning housing markets. SEE:
   http://www.lawgrace.org/2008/09/14/lehman-brothers%E2%80%99-mortgage-troubles-nationally-evidence-of-foreclosure-fraud-deception-and-conspiracy-with-wells-fargo-deceptive-judicial-filings/

   Foreclosure fraud also enables mortgage companies like Wells Fargo Bank to file with the IRS false 1099-A’s and 1099-C’s and receive unlawful tax write offs and tax credits. SEE:
   http://www.lawgrace.org/2008/08/08/my-august-8-2008-statement-to-the-louisiana-secretary-of-state-office-of-financial-institutions-concerning-wells-fargo-irs-and-mortgage-frauds-sham-foreclosures-and-judicial-collusion-and-national-app/. Also, some unscrupulous debt collector attorneys are committing fraud in Bankruptcy Court by filing sham “lift stay” motions via use of movants which lack STANDING. For irrefutable proof and extensive details about real estate fraud, visit: http://www.lawgrace.org.

   Barbara Ann Jackson
   Law & Grace, Inc.

4. Ziller Says: July 23rd, 2009 at 1:36 am

   Hey man, thanks for the blog post, really great info here. Thanks Again!

5. Tim Manni Says: July 24th, 2009 at 10:49 am

   Tom,

   No problem, thanks for reading.

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