By: Barbara Jackson

Barbara Jackson — Sat, 28 Mar 2009 04:34:20 +0000

re: Fraudulent Foreclosures, Illegal Seizures & Evictions, 1099 fraud upon the IRS—————————————————–Because more and more people are becoming homeless, an investigation is needed because far too many foreclosure proceedings are NOT even lawful due to lack of real party interest, while those debt collectors actually are being unjustly enriched! FORECLOSURE FRAUD also cheats Investors, and certain mortgage companies. This fraud occurs when debt collector attorneys deliberately file judicial foreclosures under names of defunct mortgage companies, or companies which do not own the promissory notes, effecting illegal seizures. Those collectors charge fees far beyond “Acceleration Clauses,” and make it impossible for borrowers to recover their properties or bring current mortgage arrears. SEE: http://chuckgallagher.wordpress.com/2008/01/03/foreclosure-fraud-an-interesting-variation-of-mortgage-fraud-comments-ethics-speaker-chuck-gallagher/. Even more $$ comes from protracted litigations like “Unfair Debt Collection Practices,” etc. (*Example of foreclosure litigation in: “Super Future Equities v. Wells Fargo Bank, et al.”) For predatory and deceptive mortgage lenders, foreclosure frauds are bonanzas because it makes possible real estate FLIPPING frauds, and misleads Investors concerning housing markets. SEE:www.lawgrace.org/2008/09/14/lehman-brothers%E2%80%99-mortgage-troubles-nationally-evidence-of-foreclosure-fraud-deception-and-conspiracy-with-wells-fargo-deceptive-judicial-filings/Foreclosure fraud also enables mortgage companies to file false IRS 1099-A’s and 1099-C’s and receive unlawful tax write offs and tax credits. SEE:www.lawgrace.org/2008/08/08/my-august-8-2008-statement-to-the-louisiana-secretary-of-state-office-of-financial-institutions-concerning-wells-fargo-irs-and-mortgage-frauds-sham-foreclosures-and-judicial-collusion-and-national-app/. Also, some unscrupulous debt collector attorneys are committing fraud in Bankruptcy Court by filing sham “lift stay” motions via use of movants which lack STANDING. For irrefutable proof and extensive details about real estate fraud, visit: http://www.lawgrace.org. Barbara Ann JacksonLaw & Grace, Inc

By: Paul Molinaro

Paul Molinaro — Sat, 14 Mar 2009 18:53:36 +0000

Words from a Very Outspoken and Opinionated California Litigation AttorneyHere in California, our Department of Real Estate website (dub dub dub dot dre dot gov) lists the companies that have DRE “permission” to modify loans… add to this list any licensed California attorney, and that is where you should begin your due diligence search when you seek help in California. Other states probably have similar laws, so check with your own state DRE and state bar.My law firm has been getting more and more calls recently from homeowners that were victims of predatory lenders who put them into an unaffordable loan and now fell into the hands of those same people who sold the toxic loans but profess to be saviors… DON’T BE A VICTIM TWICE! What’s that they say, “Fool me once, shame on you, but fool me twice, and I’ll sue your butt!”Do your homework and THOROUGHLY investigate any firm before hiring them to save your biggest asset and the place you call “home.” Scammers are popping up like dandelions on a freshly mowed lawn in April. They advertise on the Internet, freeway billboards, radio, television, and print media everywhere, not to mention spamming your email box with those third-world widows needing someone to receive three million dollars for them. Make no mistake, in many cases, these “loan modification experts” are the exact same loan officers and mortgage brokers who fleeced homeowners the first time around. After losing their jobs with the crash of the mortgage industry, they have found a new way to make ill-gotten profits from hard-working homeowners through loan modifications.In California, with very few exceptions (and attorneys are one exception… no coincidence there… attorneys make the laws), it is against the law for anyone to take money up front for helping a homeowner who is in default. Don’t trust a company that begins its relationship with you by breaking the law.HERE’S THE BOTTOM LINE!Hire an attorney – and not just any attorney either – one with experience in mortgage law, not just one with real estate law experience but one with experience in both FEDERAL and STATE litigation against mortgage companies, one who doesn’t also do family law, criminal law, admiralty law, and immigration law as well, one who limits the practice to mortgage law (or at least a great majority of it), one who has the experienced staff, training, and know how to take on the big lenders and their top notch lawyers (lenders have attorneys – and darn good ones – check out their counsel on the web – big names top schools, shouldn’t you have a lawyer too?).We are not talking about a refund on your broken television here, we are talking about hundreds of thousands of dollars and your HOME – if you don’t think this is the time to hire a highly educated and experienced professional instead of a weekend schooled, almost out of work, broker slash loan officer slash “expensive water in a wine bottle with alleged magical curative powers” salesperson, I don’t know what would make you take things seriously.Of course, this is one obnoxious lawyer’s totally biased opinion, but one based on many many distressing calls to my office every day. And, yes, my firm loves taking cases against loan modification companies who have violated laws. This field is quickly becoming one of the fastest growing sections for our mortgage law firm.- Paul J. Molinaro, Esq.

Comments on: What Would Horatio Alger Do?

By: Barbara Jackson

By: Paul Molinaro