yet more

Demand To See Your Mortgage Note! -
Brand New Website Makes It Simple - Make The Bank Show Proof
By: Pitchfork
http://dailybail.com/home/demand-to-see-your-mortgage-note-brand-new-website-makes-it.html

Where's your note? Has it been lost somewhere along the way?

You can also verify your loan servicer with MERS online -- takes about 45 seconds.

An excellent resource - Send this one to friends


Federal Reserve Works To Strip A Key Mortgage Protection For Homeowners Against Predatory Lending
By: Pitchfork
http://dailybail.com/home/federal-reserve-works-to-strip-a-key-mortgage-protection-for.html

Fed moves to gut predatory lending protection

AP Washington - The Federal Reserve is pushing a new mortgage regulation that would effectively eliminate the most powerful federal remedy for predatory lending.

Under the Fed's new proposal, however, borrowers would be required to pay off the balance of the loan before the bank loses its right to foreclose -- that means borrowers could still lose their homes, even in cases where banks have broken the law.

MERS DEATH ZONE - Double Class Action
Lawsuits Filed Against Mortgage Registration Puppet
By: Pitchfork
http://dailybail.com/home/mers-death-zone-double-class-action-lawsuits-filed-against-m.html

We can only imagine the blood-curdling feeding frenzy as trial lawyers gash the bones and suck the marrow from the fraudulent banks.
http://sherriequestioningall.blogspot.com/2011/01/i-started-lawsuit-against-litton.html

Both lawsuits are detailed inside...

GOVERNMENT TOOK YOUR JOBS SO THE BANKS COULD TAKE YOUR HOMES TO COVER THE COSTS OF THEIR MORTGAGE-BACKED SECURITY FRAUD

http://www.youtube.com/watch?v=mtKqx0whZY0

There is no question that the banks have decided that looting the American people to keep themselves afloat is the only solution they have, and equally apparent that government at the state and Federal level are going to help them do it, as evidenced by the way in which Bank of America was let off the hook for foreclosure fraud by the US Government and all 50 states (in exchange for a piece of the action).
http://foreclosureblues.wordpress.com/2011/01/08/ibanez-decision-analyzed/

extract wealth from their fellow human beings by stealth and by force, which is pretty much what is happening here today. The bank robbers are the ones inside the banks.
http://uruknet.com/?p=m73701&hd=&size=1&l=e

Absent some draconian "solution" by the Federal Government, the US banking system has dug its own grave and will drag the US Government down with it. Draconian action by the government to allow the banks to evade the legal consequences of their short-cutting the mortgage system to expedite the looting of homes will provoke a Constitutional crisis.

Worse, when the government declares a "National Emergency" and is seen to activate the FEMA laws to save the very banks that created this mess, more than likely this will provoke the violent reaction that even now the military is being trained to deal with.

More than likely this spate of phony terror bombing in Maryland and Washington DC is a pathetic attempt to make it look like the "domestic terrorists" (i.e. Americans pissed off at being robbed at the point of a fountain pen) have struck the first blow.

But we know different. The US Government has drawn first blood.

http://www.shtfplan.com/headline-news/confirmed-were-literally-on-the-brink-of-catastrophic-collapse_01062011

Americans whose homes were taken by fraud are dying of the harsh winter we were told was not possible because of global warming. The number of American citizens murdered by the US Government rises every day. The war has already begun, and the bad guys have the initiative! There is no turnng back. IN the eyes of the enemy, strip-mining your lives to pay for their $100,000 watches is their only path to survival, under the religious rules they worship.

There are no innocent bystanders.
We are all targets for their greed.
We are all the resistance. We are all Palestinians.

In 1999 Congress repealed Glass-Steagal, triggering a reckless gambling binge on derivatives by banks using their customers (not their own) money.

One of the "products" created by Wall Street during this binge was the mortage-backed security. These were sold and "ponzied" to create the immediate impression of runaway profitability.

Demand was so great for this new product that there was a shortage of new mortgages to put into the MBS. This launched the availability of the sub-prime mortgages, and Congress, themselves invested in the Wall Street firms trading the MBS, dangled an $8000 home-buyer tax credit before Americans to lure more of them in, to "front load" the bubble machine. Demand for mortgages for the MDS was so great that some brokers, either intentionally or possibly due to a goof within MERS (itself created to short circuit the title transfer process), sold the same mortgages into multiple MBS; a clear case of fraud.

Then the wheels came off the bandwagon and the purchasers across the world who invested in the MBS started to realize that many of those mortgages in the MBS were no good, already in default, and/or oversubscribed. Wall Street banks were forced to repurchase those fraudulent securities, attempting to do so quietly lest word of the colossal fraud escape to the general public.

The banks' losses were staggering and hundreds of banks began to fail despite massive cash infusions from the US taxpayers, again courtesy of that same Congress whose members were themselves invested in the Wall Street firms that created this mess.

In order to recapitalize and avoid collapse, the banks started foreclosing on homes in order to take them and place the value of the asset (inflated under mark-to-market accounting practices declared legal again despite the ENRON disaster) on their books.

Speed was life, the rush to foreclose was on. The so-called mortgage modification program was a polite fiction to convince the voters that the same government that had baited them into the scam with that $8000 tax credit was now on their side. But people trying to use mortgage modification were told they had to be in default, and were tricked into withholding payments, which allowed the banks to initiate more foreclosures. More homes were lost in the mortgage-modification program than were saved.

Foreclosure fever dripped the banks, and abuses started to pile up. Homes that were not delinquent on their mortgages were foreclosed. Homes without mortgages were foreclosed. Banks were selling homes without actually owing the title.

Finally, as the scandal became public the courts demanded the paperwork at least have the semblance of proper form and legality. But the use of MERS had severed the link between the mortgage and the note. Both are required legally to foreclose a property.

Lenders who had the note had no idea where the actual title was located, so the "foreclosure mills" were born; legal offices specializing in "recreating" missing paperwork to expedite the foreclosure process.

Documents were forged and robo-signed. This is criminal felony fraud!

http://www.creditwritedowns.com/
While the banks may get a free pass from the US and state governments, civil cases and class-actions are piling up alongside lawsuits from foreign banks that will not be cowed by threats from Washington DC.

The shock waves from the Ibanez case are rippling through the banks and I have no doubt there are emergency meetings going on today on boardrooms across America. Tens of millions, possibly hundreds of millions of foreclosures have just been invalidated, foreclosures already counted on the books as income-to-be-received.

The too-big-to-fail banks may already be insolvent as I type this.
http://revolutionarypolitics.tv/video/viewVideo.php?video_id=13536

The panic is on.

http://globalresearch.ca/index.php?context=va&aid=22672
http://www.doctorhousingbubble.com/beverly-hills-foreclosure-16-million-90201-foreclosure-correction-beverly-hills-50-percent-off/

The fangs are out.
http://poorrichards-blog.blogspot.com/2011/01/six-zionist-companies-own-96-of-worlds.html
Guess whose blood the bankers hunger for.
http://foolscrow.wordpress.com/2011/01/04/irish-leaders-castigated-as-greatest-traitors-of-all-time/

http://saladin-avoiceinthewilderness.blogspot.com/2011/01/please-pay-climate-change-tax-on-your.html
http://globalresearch.ca/index.php?context=va&aid=22690