Thursday, December 8, 2011

MORE ON FRAUDULENT PRACTICES OF NEW CENTURY: MERS ASSIGNMENTS CANNOT BE EFFECTIVE AS NEW CENTURY REPUDIATED ITS CONTRACT WITH MERS AS PART OF ITS BANKRUPTCY

 Here is a recent article taken from Foreclosure Defense Nation Wide website. You can read the full article by following the link at the end of this post. 

You can see that quite possibly we are seeing the uncovering of evidence that may get the country to open its eyes to how extensive the fraud and abuse have been by the banks.  It would be nice to have banks held accountable after screwing the entire country for years and for screwing so may hard working Americans out of their retirement.  They massive fraud and abuse has been seen as acceptable by the government crooks and the banksters who work in tandem to fleece the hard working people of our country.  All of the propaganda efforts by the government to pretend they are doing something is absurd and has been more wasted tax dollars taken by the banks to line their own pockets.  
You can see the arrogance factor still in play as Chase CEO brags of how deep their pockets are to fight to allow the banks to continue to commit fraud.  This has been the trump card in the past for the TBTF banks.  They have always had the deepest pockets and could intimidate anyone in order to keep them from filing fraud charges against them. 

The world is finally starting to wake up to the massive, pervasive, nationwide fraud which has been engaged in with impunity by MERS, Deutsche Bank, Wells Fargo, Bank of America, US Bank, and their servicers and “trustees” in their never-ending quest to reap massive profits at the expense of homeowners and damn the consequences. It is no longer homeowners who are seeking relief. Attorneys General are also taking action: the Attorney General of Massachusetts has sued several of the “banksters” for fraudulent mortgage practices; the Attorney General of Delaware has sued MERS for fraudulent practices both in foreclosure and its attempt to avoid recording fees; and yesterday, the Attorneys General of California and Nevada formed a joint task force to pursue foreclosure fraud. It is no longer a situation of simply foreclosure defense: the new wave is grounded in affirmative claims against the banks and their agents for their outright fraudulent conduct all over the United States.
The good news is that the CEO of one of them, that being JPMorgan Chase CEO Jamie Dimon, has publicly announced that JPM has plenty of reserves to defend the lawsuits against it. On behalf of the Attorneys General and  private litigants who are going after JPM for its nationalized pattern of fraudulent conduct, we thank you, Jamie, for affirming that JPM is a still a collectible entity.







MORE ON FRAUDULENT PRACTICES OF NEW CENTURY: MERS ASSIGNMENTS CANNOT BE EFFECTIVE AS NEW CENTURY REPUDIATED ITS CONTRACT WITH MERS AS PART OF ITS BANKRUPTCY

1 comment:

  1. The MERS scam may finally be blowing up but hard to tell because the government has not the stones to stand up to big money fraud because they survive off of these donations. They are beholden to the banks and they act as if it is normal and should be accepted. Banking governmental complex is what we live in and it is a complete scam of the American People and a rape of the word democracy.

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