Matt Weidner Blog

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Entries Tagged as 'mortgage fraud'

The Banks Win, We All Give Up, You Can Have The Keys To The Courthouse.

July 22nd, 2010 · 1 Comment · Foreclosure

We’re all acutely aware that there is a foreclosure crisis across this country and in the State of Florida in particular.  It has been widely reported that there are 33,000 active foreclosure cases pending in Pinellas County, Florida.  I actually think the number of foreclosures that could be filed would be closer to double or [...]

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Are The Law Offices of David J. Stern Even Law Offices At All?

June 27th, 2010 · 3 Comments · Foreclosure

The “Law Offices of David J. Stern” is perhaps the biggest, by volume, Foreclosure Mill in the State of Florida. The general consensus in the legal community and my personal opinion is that the pleading and legal work that bears the identification of the Law Offices of David J. Stern is sloppy and unsophisticated at [...]

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WOW! Indymac No Longer Able to Pursue Foreclosures?

June 8th, 2010 · 3 Comments · Foreclosure

So I’m preparing for a foreclosure trial that involves Indymac as the originator of the loan and they are also the Plaintiff named in the complaint. Because the originator of the loan was the one suing, I was thinking we didn’t have many issues to work with.  Then a colleague shared with me the agreement [...]

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Bank of America / Countrywide Slammed with $108 Million Fine

June 8th, 2010 · No Comments · Foreclosure

We’re all acutely aware of the problems with servicers…..fines like this one and the abuses detailed are just too bad to ignore.
Please read the story here…

PR: wait…
I: wait…
L: wait…
LD: wait…
I: wait…
wait…
Rank: wait…
Traffic: wait…
Price: wait…
CY: wait…
I: wait…
YCat: wait…
C: wait…

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Hazard For The Title Insurance Industry Part II- New Financial Collapse Coming

May 26th, 2010 · 1 Comment · Foreclosure

The US economy collapsed in 2008 and we would have fallen into an economic and  societal abyss had the federal government not taken massive interventions that we’ll be paying for for decades to come.  As we know from the investigations that are now being made public, and which will continue to develop in the years [...]

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Foreclosures- The End Game of Wall Street’s Fraud, Lies and Deceit

May 9th, 2010 · 9 Comments · Foreclosure

One of the many problems those who are fighting foreclosures have to deal with is the fact that some judges and most people on the “outside” of the mortgage meltdown don’t understand that the Fat Cats set the mortgages up to fail from the very beginning–because mortgages that were “bad” paid the Fat Cats much [...]

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Allonges should NEVER be used to prove ownership of a mortgage note. (And yet another smack at MERS)

April 28th, 2010 · 5 Comments · Foreclosure

A few months back I started looking closely at an allonge in on of my cases.  A sloppy, unprofessional, illegible mess that the Plaintiff asserted was all they needed to show ownership of a $500,000 asset.
Come on…all you need to show ownership of something worth $500,000 is some sloppy, squiggly line that is facially questionable?  [...]

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“The Poor Little Subprime Borrowers Will Not Last Long”…”Not Feeling Too Guilty About This”

April 26th, 2010 · No Comments · Foreclosure

A constant theme I’m going to keep pounding on is why our local circuit court judges feel so compelled to grant foreclosure judgments, throwing their neighbors out on the street just to line the pockets of Fat Cat Bankers and Fast Talking Wall Street dealers who hold the American people in contempt.
They were betting hard [...]

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Foreclosure Fraud Fight- From Blogs to the Wall Street Journal!

April 3rd, 2010 · 4 Comments · Foreclosure

For months now, blogs like my Foreclosure Fraud Fighters blog, Foreclosure Hamlet, 4ClosureFraud, Max Garndners Livinglies, DinSFLA and other consumer advocacy blogs have been SCREAMING about systemic fraud in the foreclosure process.  We’ve speculated that it wouldn’t be long before news of serious investigations of the players in foreclosure fraud would break.
Some reasonable people, including [...]

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Foreclosure Case Killer!- An Allonge Is Not Admissable Evidence of Bank’s Ownership

March 23rd, 2010 · 4 Comments · Foreclosure

Across the country, banks are attaching “allonges” to original promissory notes, then using the attached allonge to allege their ownership of the note and their standing to foreclose.
The problem for the banks is an allonge is only supposed to be used when there is not sufficient blank space on the front or the back of [...]

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