Scores of HOMEOWNERS DO NOT CONTEST FORECLOSURES BECAUSE:
1. They don’t have knowledge of the law in order to recognize which aspects of foreclosure are legally challengeable or even fraudulent.
2. And even those who identify wrongdoing lack funds to pay for attorneys to represent them.
3. Homeowners are told to come to foreclosure auctions with $$$$$$$ that they do not have, SO THEY STAY AWAY from foreclosure auctions.
These homeowners are oblivious about sometimes “straw buyers” and sometimes lawyers in charge of foreclosures, obtain ILLEGAL ownership of people’s homes; and pay literally nothing through “credit bids;” and that those recorded deeds from such auctions are null! For these very reasons, there needs to be a probe of lawyers who file foreclosures. http://chn.ge/eU2zAm
Also, the average lay person doesn’t know about legal REQUIREMENTS of “standing” that prevents their homes from being repossessed via non-existent lenders or via lenders which have no ownership of promissory notes.
Yet, COURTS ARE SUPPOSED TO ENFORCE STANDING and compliance with established laws! Illegal, defective, fraudulent foreclosures are the cause of useless property deeds for real estate sales; title insurance companies refuse coverage on foreclosed properties –and more!
Further, after certain foreclosure auctions (via simulation) result in fraudulent – NOT LENDER ACQUISITIONS, by lawyers or straw buyers, the common scenario becomes property flipping, neighborhood blight, rodents, and so on!
*Sample of fraudulent foreclosure acts:
–Deliberately use defunct lenders, lenders without “standing” for false civil and bankruptcy foreclosure proceedings.
– Create and conceal malpractice foreclosure delays and engineer billable litigation.
– Orchestrate sham foreclosure auctions; property never acquired by lenders, but ‘straw buyers’
– Commit actionable wrongs (unfair debt collection, fraud, various torts) that create lawsuits
– Self-dealing foreclosures which certain lawyers themselves obtain foreclosed properties for flipping.
–Foreclosures naming defunct lenders, illegally recorded property deeds, flipping, blighted communities.
– Unconscionably create false deficiency judgments against property owners after straw buyers acquire homes for pennies on the dollar.
– Intentionally false BANKRUPTCY COURT “Motion to Lift” and “Proof of Claim” on behalf of non-existent lenders which conceals fact of “NON-SECURED” mortgage debt.
–Involved in fraudulent collection of property damage insurance, as well as mortgage-default insurance.
–Fraudulent foreclosures abet loss of property taxes to city revenue, rodents, vagrants
– Thousands of families made unlawfully homeless from null foreclosure proceedings.
Foreclosure lawyers are officers of the court. Lawyers are required to know applicable laws and civil procedure; this knowledge is not required from mortgage lenders, nor loan servicers. Lawyers are the ones who file those inadequate or questionable foreclosure which lead to useless property deeds and impediments to real estate sales; title insurance companies reluctance to cover foreclosed properties; mortgage default claims disputes due to defective foreclosures.
*MORE info: Request for Congressional Foreclosure Panel to Examine Foreclosure Lawyers
http://www.change.org/petitions/view/request_for_congressional_foreclosure_panel_to_examine_foreclosure_lawyers#
Hi all,
Please never forget that Fannie Mae helped design the current working model for securing loans, loan servicing, (and all the necessary background activities which are needed to make the aforementioned functional.
It is called ‘distancing yourself from the entity about to go down in flames’.
Nobody does USE YOU AND THROW YOU UNDER THE BUS quite as well as Fannie Mae.
Have you forgotten the Fannie Mae directive threatening to fine servicers for not foreclosing fast enough earlier this year?
Fannie Mae is notorious at trying to keep a good public image but they have no problem getting down and dirty in the back room. (”We don’t support Seller funded down payment”–while purchasing every file they could get under the table in order to help reach their American Dream Commitment which was totally about hitting benchmarks for bonuses and not at all about integrity or the true desire to increase home ownership in the us.
Fannie Mae is essentially owned by the federal government but the staff of Fannie Mae still operate pretty much according to the culture they have created over the past 15 years. Since they are exempt from bearing the brunt of risk AND there is the critical need to continue to cover up the mess they helped to create (MERS was a Fannie Mae brain child).
For those who are directly affected by the foreclosure crisis or those of us who are attempting in some way to uncover the mess or make a difference in some other way, it is critical that all of us continually remember everything we have learned over the space of the past few months, put that into the context of FACTS which have been in operation for long periods of time (usually years). It would probably be most appropriate to FIRST, be suspicious of anything stated or any action taken by anyone other than the consumer UNTIL an analysis of the statement or position was weighed in the context of the HISTORY of the entity/individual/organization making the statement. Taking what they say NOW, on its’ face, would be a mistake.
Servicers can’t take a position AGAINST LPS and others–they can’t continue their gig taking homes without them.
After eight years of watching the mortgage mess grow to the point where it has reached the tipping point, I am actually enjoying reading, day by day, how the onion is now being peeled. Do not misunderstand, I am distraught about the short term implications for millions of Americans but as a seasoned consumer advocate, the current pain is necessary to get to the greater good which awaits us in the near future. I was getting scared I wasn’t going to live long enough.
Things are looking up. New Jersey and New York could turn the country in a whole new direction.
–Former Fannie Mae Broker-Specialist (1999-2002)
Currently a consumer advocate and
foreclosure intervention speaker/trainer
robert shumake
Movie <b>News</b> Quick Hits: Bigfoot to get the 'Avatar' Treatment <b>...</b>
A leaked costume test from MGM's completed-but-shelved remake of 1984's 'Red Dawn' has found its way online. It's not much, but thanks to MGM's.
Opinion: Can Oprah Help Restore Civility? - AOL <b>News</b>
Oprah began her new cable television network -- OWN -- at noon on New Year's Day, a network dedicated to the total and complete absence of mean-spiritedness.
Shakesville: Brett Favre <b>News</b>
Brett Favre News. [Trigger warning for sexual assault, which applies to both links] [Link includes descriptions of sexual assault] Associated Press: "Two massage therapists sued Brett Favre on Monday, saying they lost them their ...
robert shumake
Movie <b>News</b> Quick Hits: Bigfoot to get the 'Avatar' Treatment <b>...</b>
A leaked costume test from MGM's completed-but-shelved remake of 1984's 'Red Dawn' has found its way online. It's not much, but thanks to MGM's.
Opinion: Can Oprah Help Restore Civility? - AOL <b>News</b>
Oprah began her new cable television network -- OWN -- at noon on New Year's Day, a network dedicated to the total and complete absence of mean-spiritedness.
Shakesville: Brett Favre <b>News</b>
Brett Favre News. [Trigger warning for sexual assault, which applies to both links] [Link includes descriptions of sexual assault] Associated Press: "Two massage therapists sued Brett Favre on Monday, saying they lost them their ...
robert shumake detroit
Scores of HOMEOWNERS DO NOT CONTEST FORECLOSURES BECAUSE:
1. They don’t have knowledge of the law in order to recognize which aspects of foreclosure are legally challengeable or even fraudulent.
2. And even those who identify wrongdoing lack funds to pay for attorneys to represent them.
3. Homeowners are told to come to foreclosure auctions with $$$$$$$ that they do not have, SO THEY STAY AWAY from foreclosure auctions.
These homeowners are oblivious about sometimes “straw buyers” and sometimes lawyers in charge of foreclosures, obtain ILLEGAL ownership of people’s homes; and pay literally nothing through “credit bids;” and that those recorded deeds from such auctions are null! For these very reasons, there needs to be a probe of lawyers who file foreclosures. http://chn.ge/eU2zAm
Also, the average lay person doesn’t know about legal REQUIREMENTS of “standing” that prevents their homes from being repossessed via non-existent lenders or via lenders which have no ownership of promissory notes.
Yet, COURTS ARE SUPPOSED TO ENFORCE STANDING and compliance with established laws! Illegal, defective, fraudulent foreclosures are the cause of useless property deeds for real estate sales; title insurance companies refuse coverage on foreclosed properties –and more!
Further, after certain foreclosure auctions (via simulation) result in fraudulent – NOT LENDER ACQUISITIONS, by lawyers or straw buyers, the common scenario becomes property flipping, neighborhood blight, rodents, and so on!
*Sample of fraudulent foreclosure acts:
–Deliberately use defunct lenders, lenders without “standing” for false civil and bankruptcy foreclosure proceedings.
– Create and conceal malpractice foreclosure delays and engineer billable litigation.
– Orchestrate sham foreclosure auctions; property never acquired by lenders, but ‘straw buyers’
– Commit actionable wrongs (unfair debt collection, fraud, various torts) that create lawsuits
– Self-dealing foreclosures which certain lawyers themselves obtain foreclosed properties for flipping.
–Foreclosures naming defunct lenders, illegally recorded property deeds, flipping, blighted communities.
– Unconscionably create false deficiency judgments against property owners after straw buyers acquire homes for pennies on the dollar.
– Intentionally false BANKRUPTCY COURT “Motion to Lift” and “Proof of Claim” on behalf of non-existent lenders which conceals fact of “NON-SECURED” mortgage debt.
–Involved in fraudulent collection of property damage insurance, as well as mortgage-default insurance.
–Fraudulent foreclosures abet loss of property taxes to city revenue, rodents, vagrants
– Thousands of families made unlawfully homeless from null foreclosure proceedings.
Foreclosure lawyers are officers of the court. Lawyers are required to know applicable laws and civil procedure; this knowledge is not required from mortgage lenders, nor loan servicers. Lawyers are the ones who file those inadequate or questionable foreclosure which lead to useless property deeds and impediments to real estate sales; title insurance companies reluctance to cover foreclosed properties; mortgage default claims disputes due to defective foreclosures.
*MORE info: Request for Congressional Foreclosure Panel to Examine Foreclosure Lawyers
http://www.change.org/petitions/view/request_for_congressional_foreclosure_panel_to_examine_foreclosure_lawyers#
Hi all,
Please never forget that Fannie Mae helped design the current working model for securing loans, loan servicing, (and all the necessary background activities which are needed to make the aforementioned functional.
It is called ‘distancing yourself from the entity about to go down in flames’.
Nobody does USE YOU AND THROW YOU UNDER THE BUS quite as well as Fannie Mae.
Have you forgotten the Fannie Mae directive threatening to fine servicers for not foreclosing fast enough earlier this year?
Fannie Mae is notorious at trying to keep a good public image but they have no problem getting down and dirty in the back room. (”We don’t support Seller funded down payment”–while purchasing every file they could get under the table in order to help reach their American Dream Commitment which was totally about hitting benchmarks for bonuses and not at all about integrity or the true desire to increase home ownership in the us.
Fannie Mae is essentially owned by the federal government but the staff of Fannie Mae still operate pretty much according to the culture they have created over the past 15 years. Since they are exempt from bearing the brunt of risk AND there is the critical need to continue to cover up the mess they helped to create (MERS was a Fannie Mae brain child).
For those who are directly affected by the foreclosure crisis or those of us who are attempting in some way to uncover the mess or make a difference in some other way, it is critical that all of us continually remember everything we have learned over the space of the past few months, put that into the context of FACTS which have been in operation for long periods of time (usually years). It would probably be most appropriate to FIRST, be suspicious of anything stated or any action taken by anyone other than the consumer UNTIL an analysis of the statement or position was weighed in the context of the HISTORY of the entity/individual/organization making the statement. Taking what they say NOW, on its’ face, would be a mistake.
Servicers can’t take a position AGAINST LPS and others–they can’t continue their gig taking homes without them.
After eight years of watching the mortgage mess grow to the point where it has reached the tipping point, I am actually enjoying reading, day by day, how the onion is now being peeled. Do not misunderstand, I am distraught about the short term implications for millions of Americans but as a seasoned consumer advocate, the current pain is necessary to get to the greater good which awaits us in the near future. I was getting scared I wasn’t going to live long enough.
Things are looking up. New Jersey and New York could turn the country in a whole new direction.
–Former Fannie Mae Broker-Specialist (1999-2002)
Currently a consumer advocate and
foreclosure intervention speaker/trainer
robert shumake detroit
robert shumake
Movie <b>News</b> Quick Hits: Bigfoot to get the 'Avatar' Treatment <b>...</b>
A leaked costume test from MGM's completed-but-shelved remake of 1984's 'Red Dawn' has found its way online. It's not much, but thanks to MGM's.
Opinion: Can Oprah Help Restore Civility? - AOL <b>News</b>
Oprah began her new cable television network -- OWN -- at noon on New Year's Day, a network dedicated to the total and complete absence of mean-spiritedness.
Shakesville: Brett Favre <b>News</b>
Brett Favre News. [Trigger warning for sexual assault, which applies to both links] [Link includes descriptions of sexual assault] Associated Press: "Two massage therapists sued Brett Favre on Monday, saying they lost them their ...
robert shumake
Movie <b>News</b> Quick Hits: Bigfoot to get the 'Avatar' Treatment <b>...</b>
A leaked costume test from MGM's completed-but-shelved remake of 1984's 'Red Dawn' has found its way online. It's not much, but thanks to MGM's.
Opinion: Can Oprah Help Restore Civility? - AOL <b>News</b>
Oprah began her new cable television network -- OWN -- at noon on New Year's Day, a network dedicated to the total and complete absence of mean-spiritedness.
Shakesville: Brett Favre <b>News</b>
Brett Favre News. [Trigger warning for sexual assault, which applies to both links] [Link includes descriptions of sexual assault] Associated Press: "Two massage therapists sued Brett Favre on Monday, saying they lost them their ...
robert shumake detroit
If you're a homeowner facing foreclosure in Florida, there is a way to stop the process - even if your home has been sold on the courthouse steps. Here, we're going to discuss this foreclosure law; ie, the right of redemption.
In order to understand this foreclosure law as it applies in Florida, the first thing you need to know is that not all states have these types of laws. And in states that do, they are applied differently.
Right of Redemption Laws: A General Overview
In most states, a homeowner is given a set period of time to buy their home back - even if it's been sold on the courthouse steps at auction. This period - in the vast majority of states - ranges from six months to a year.
Right of Redemption: Is It Really a "Law" in Florida?
Many foreclosure experts say that in reality, Florida does not have right of redemption period. Here's why.
As stated above, in most states there is a clearly defined period of time in which a homeowner can exercise their redemptive right to get their home back. Not so in Florida. In Florida, after a Certificate of Sale is issued, there technically there is no right of redemption.
But, there is a little caveat that gives them a window of time which many perceive as this right. It says something to the effect of:
"... a court is allowed to "review the sale of the property" to ensure that a fair price was paid. There is no definitive set time period written into law, but this period is roughly 10 days according to real estate experts."
Somewhat ironically - in the eyes of most experts -- this is approximately the same amount of time it takes for the certificate of sale to be filed and for the title clearance to take place.
Now that you understand what the right of redemption law is in Florida (or what it isn't depending on your point of view), let's turn our attention to how to use this foreclosure law to get your home back.
Stopping Foreclosure in Florida: What You Need to Do Get Your Home Back Using the Right of Redemption
If you want to get your home back using this mortgage foreclosure law in Florida, you have to be prepared to pay - not only the balance due on the mortgage, but the following as well: all fees incurred by the lender, as well as property taxes, HOA fees, homeowners insurance, lender attorney fees, etc.
Get a more detailed overview of Florida right of redemption laws.
Foreclosure Cleaning: An Evergreen Small Business Opportunity
Many savvy entrepreneurs are capitalizing on the home foreclosure crisis in Florida by starting a foreclosure clean up business. You can too!
robert shumake detroit
Movie <b>News</b> Quick Hits: Bigfoot to get the 'Avatar' Treatment <b>...</b>
A leaked costume test from MGM's completed-but-shelved remake of 1984's 'Red Dawn' has found its way online. It's not much, but thanks to MGM's.
Opinion: Can Oprah Help Restore Civility? - AOL <b>News</b>
Oprah began her new cable television network -- OWN -- at noon on New Year's Day, a network dedicated to the total and complete absence of mean-spiritedness.
Shakesville: Brett Favre <b>News</b>
Brett Favre News. [Trigger warning for sexual assault, which applies to both links] [Link includes descriptions of sexual assault] Associated Press: "Two massage therapists sued Brett Favre on Monday, saying they lost them their ...
robert shumake
robert shumake detroit
Scores of HOMEOWNERS DO NOT CONTEST FORECLOSURES BECAUSE:
1. They don’t have knowledge of the law in order to recognize which aspects of foreclosure are legally challengeable or even fraudulent.
2. And even those who identify wrongdoing lack funds to pay for attorneys to represent them.
3. Homeowners are told to come to foreclosure auctions with $$$$$$$ that they do not have, SO THEY STAY AWAY from foreclosure auctions.
These homeowners are oblivious about sometimes “straw buyers” and sometimes lawyers in charge of foreclosures, obtain ILLEGAL ownership of people’s homes; and pay literally nothing through “credit bids;” and that those recorded deeds from such auctions are null! For these very reasons, there needs to be a probe of lawyers who file foreclosures. http://chn.ge/eU2zAm
Also, the average lay person doesn’t know about legal REQUIREMENTS of “standing” that prevents their homes from being repossessed via non-existent lenders or via lenders which have no ownership of promissory notes.
Yet, COURTS ARE SUPPOSED TO ENFORCE STANDING and compliance with established laws! Illegal, defective, fraudulent foreclosures are the cause of useless property deeds for real estate sales; title insurance companies refuse coverage on foreclosed properties –and more!
Further, after certain foreclosure auctions (via simulation) result in fraudulent – NOT LENDER ACQUISITIONS, by lawyers or straw buyers, the common scenario becomes property flipping, neighborhood blight, rodents, and so on!
*Sample of fraudulent foreclosure acts:
–Deliberately use defunct lenders, lenders without “standing” for false civil and bankruptcy foreclosure proceedings.
– Create and conceal malpractice foreclosure delays and engineer billable litigation.
– Orchestrate sham foreclosure auctions; property never acquired by lenders, but ‘straw buyers’
– Commit actionable wrongs (unfair debt collection, fraud, various torts) that create lawsuits
– Self-dealing foreclosures which certain lawyers themselves obtain foreclosed properties for flipping.
–Foreclosures naming defunct lenders, illegally recorded property deeds, flipping, blighted communities.
– Unconscionably create false deficiency judgments against property owners after straw buyers acquire homes for pennies on the dollar.
– Intentionally false BANKRUPTCY COURT “Motion to Lift” and “Proof of Claim” on behalf of non-existent lenders which conceals fact of “NON-SECURED” mortgage debt.
–Involved in fraudulent collection of property damage insurance, as well as mortgage-default insurance.
–Fraudulent foreclosures abet loss of property taxes to city revenue, rodents, vagrants
– Thousands of families made unlawfully homeless from null foreclosure proceedings.
Foreclosure lawyers are officers of the court. Lawyers are required to know applicable laws and civil procedure; this knowledge is not required from mortgage lenders, nor loan servicers. Lawyers are the ones who file those inadequate or questionable foreclosure which lead to useless property deeds and impediments to real estate sales; title insurance companies reluctance to cover foreclosed properties; mortgage default claims disputes due to defective foreclosures.
*MORE info: Request for Congressional Foreclosure Panel to Examine Foreclosure Lawyers
http://www.change.org/petitions/view/request_for_congressional_foreclosure_panel_to_examine_foreclosure_lawyers#
Hi all,
Please never forget that Fannie Mae helped design the current working model for securing loans, loan servicing, (and all the necessary background activities which are needed to make the aforementioned functional.
It is called ‘distancing yourself from the entity about to go down in flames’.
Nobody does USE YOU AND THROW YOU UNDER THE BUS quite as well as Fannie Mae.
Have you forgotten the Fannie Mae directive threatening to fine servicers for not foreclosing fast enough earlier this year?
Fannie Mae is notorious at trying to keep a good public image but they have no problem getting down and dirty in the back room. (”We don’t support Seller funded down payment”–while purchasing every file they could get under the table in order to help reach their American Dream Commitment which was totally about hitting benchmarks for bonuses and not at all about integrity or the true desire to increase home ownership in the us.
Fannie Mae is essentially owned by the federal government but the staff of Fannie Mae still operate pretty much according to the culture they have created over the past 15 years. Since they are exempt from bearing the brunt of risk AND there is the critical need to continue to cover up the mess they helped to create (MERS was a Fannie Mae brain child).
For those who are directly affected by the foreclosure crisis or those of us who are attempting in some way to uncover the mess or make a difference in some other way, it is critical that all of us continually remember everything we have learned over the space of the past few months, put that into the context of FACTS which have been in operation for long periods of time (usually years). It would probably be most appropriate to FIRST, be suspicious of anything stated or any action taken by anyone other than the consumer UNTIL an analysis of the statement or position was weighed in the context of the HISTORY of the entity/individual/organization making the statement. Taking what they say NOW, on its’ face, would be a mistake.
Servicers can’t take a position AGAINST LPS and others–they can’t continue their gig taking homes without them.
After eight years of watching the mortgage mess grow to the point where it has reached the tipping point, I am actually enjoying reading, day by day, how the onion is now being peeled. Do not misunderstand, I am distraught about the short term implications for millions of Americans but as a seasoned consumer advocate, the current pain is necessary to get to the greater good which awaits us in the near future. I was getting scared I wasn’t going to live long enough.
Things are looking up. New Jersey and New York could turn the country in a whole new direction.
–Former Fannie Mae Broker-Specialist (1999-2002)
Currently a consumer advocate and
foreclosure intervention speaker/trainer
robert shumake detroit
Movie <b>News</b> Quick Hits: Bigfoot to get the 'Avatar' Treatment <b>...</b>
A leaked costume test from MGM's completed-but-shelved remake of 1984's 'Red Dawn' has found its way online. It's not much, but thanks to MGM's.
Opinion: Can Oprah Help Restore Civility? - AOL <b>News</b>
Oprah began her new cable television network -- OWN -- at noon on New Year's Day, a network dedicated to the total and complete absence of mean-spiritedness.
Shakesville: Brett Favre <b>News</b>
Brett Favre News. [Trigger warning for sexual assault, which applies to both links] [Link includes descriptions of sexual assault] Associated Press: "Two massage therapists sued Brett Favre on Monday, saying they lost them their ...
robert shumake
robert shumake
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