Barbara Ann Jackson [Visitor] in response to: Fannie and Freddie Seek Mega Damages

Barbara Ann Jackson [Visitor] — Sun, 04 Sep 2011 12:25:37 +0000

If self-dealing lawyers are allowed to both defend against the FHFA lawsuit, and cover their malpractice & criminal conduct, the FHFA lawsuit could be tail wagging the dog. Decades of attorney unjust enrichment, and extortion via “simulated” auctions \ illegal “credit bids” \ properties gained via theft must be terminated! Mortgage fraud is simply not about only INVESTORS. When foreclosures become filed, knowledge of laws & civil procedure is not required from mortgage lenders and bankers.

Further, Freddie Mac has (knowingly or unknowing) shelled out $$$$$$$$$$$$$$$$$$$$ toward real estate theft, criminal frauds, and social tyranny! This FHFA lawsuit, or some additional one needs investigation and recovery of those moneys. People who acted in furtherance of those financial frauds ought to be brought to justice! With our nation’s high unemployment, self-dealing and unscrupulous exploiting of people who owe debt is ravishing America.

A factual instance of Freddie Mac’s involvement in foreclosure frauds: A defunct lender’s identity was utilized to place a “credit bid” at a sham foreclosure auction of my home (non-existent lenders cannot bid \ have no“standing”!) From the so-called auction, a deed was recorded into the defunct lender’s name. (void as a recorded Hibernia deed, rather than Capital One.) Six weeks after the so-called auction, Freddie Mac paid an imposter $86,000 for the worthless deed.

Such in-your-face fraud transactions have continued unaddressed for decades. Fraudulent flipping of real estate make the housing market appear thriving; impresses Investors. In our land of rules and laws, identity theft is criminal, and so is Freddie Mac buying stolen property. However, all that has really mattered were the benefits to be gained by defaulted mortgage loans –even jurists and their allies stand to become enriched from foreclosures. Moreover, acceptable practices include crippling property owners who interfere with foreclosure objectives!

HUNDREDS OF PEOPLE have experienced some form of abusive, illegal tactics associated with owing debt, and have signed this petition. Their names and pleas can be seen here: http://www.change.org/petitions/request-for-congressional-foreclosure-panel-to-examine-foreclosure-lawyers

Equally as important to America as Investors, they are pleading for help –because they too are victims of the Feds’ failure to properly oversee, regulate, and rein in mortgage industries.

I continue speaking out because attention to foreclosure crisis is vital in this area, while the monster roams! A monster is so brazen, it sets forth its asinine contentions about defaulted borrowers unentitled to know why they’re being forced to abet mortgage frauds, subjected to invaded privacy, Constitutional wrongs, threats, etc. –all directly associated with real estate frauds. These all the more make is essential to tell the facts of how egregious and far reaching is mortgage fraud.

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Barbara Ann Jackson [Visitor] in response to: Fannie and Freddie Seek Mega Damages