Posts Tagged ‘bank foreclosures’
Foreclosures Filings- The Press Reports on the Surge
Author: Matthew D. Weidner, Esq.
Matthew Weidner, a St. Petersburg lawyer who focuses on foreclosures, doesn’t see an end to the doomsday scenario caused by foreclosures. He blames executives at Wall Street lenders for the increased filings.
“This is a catastrophe being laid upon a crisis,” he said. “America is foreclosing upon ourselves. The federal government is foreclosing on taxpayers to pay rich bankers. This is madness.”
The Banks Are Gonna Moonwalk Away From Fraudclosuregate
Author: Matthew D. Weidner, Esq.
Rumors are that regulators are floating a $20 million settlement with all the servicers. That’s an obscenely low number and there’s still much to fight about, but some version of this insanity will pass. It’s inevitable. The banks own us and they are going to get away with murder. Our courts are lost. Critics and those who speak out are targets of campaigns of suppression…(I can speak quite directly and personally about that)…..In short, the fix is most definitely in. Those wizards who are crafting this doom don’t seem to mind that in writing off all the wrong that was done, we miss the opportunity to start heading in the direction of repair and reclaiming our country…..more below from reuters:
Banking regulators and a coalition of state attorneys general are trying to forge a settlement with the largest U.S. banks, which have been accused of foreclosing on borrowers without having the necessary paperwork in place.
A settlement would relieve a potentially large legal liability and reputational black eye for the banks, as they could face a myriad of lawsuits and fines without a universal agreement.
Sources familiar with the talks say the various groups disagree on the parameters of a settlement, with bank regulators pushing to outline a settlement plan as soon as mid-March.
Analysts said the discussions highlight the difficulties of reaching a universal settlement as disparate groups are involved in the negotiations.
“It is herding cats, there’s no question about it, and they are not always the most agreeably tempered cats,” said Karen Shaw Petrou, managing partner at Federal Financial Analytics, a firm that advises on regulatory policy.
Banks are Home Invasion Felons- Why No Criminal Charges?
Author: Matthew D. Weidner, Esq.
Attached here is yet another story of a bank kicking down the door, drilling out the locks and attempting to take the property of a homeowner.
In this case they totally had the wrong home, but in thousands of other cases across the country, they get away with burglarizing homes, stealing property and violating the most basic and fundamental laws because they cannot be caught or when they are caught noone is willing to stand up to them.
I want to expose this practice and go after these banks for engaging in this systematic campaign of wrongdoing. If they believe they can get away with it, they will only become more emboldened.
