The Occupy Wall Street Journal is available now

The Occupy Wall Street protestors have put together an interesting article here for everyone to read. Follow the link to Naked Capitalism below to read the full paper. #OccupyWallStreet Publishes First Issues of “The Occupied Wall Street Journal”

Foreclosure Defense Nationwide - Mortgage Foreclosure Help - Free Advice

 This is what I was talking about last week in a story stating that everyone is part of the 99% even thought they felt removed from the foreclosure crisis because they are paying off their mortgage or have paid their mortgage off.  This article reveals the depth of the issues.  This case dates back to 2005 and finally the judge denied a Well's motion for summary judgement.  The bank, again showing no shame, dared to motion for summary judgement when the already admitted under oath that they didn't have the proper documents to confirm they indeed had the right to foreclose. 

Here is the problem.  100s of these situation exist across the country where the banks are making claims on property when they have no proof of ownership.  If we have a 10, 000 cases that end up the same way, the economy will a giant mess. 


This Article is from:

Foreclosure Defense Nationwide - Mortgage Foreclosure Help - Free Advice

October 4, 2011
Wells Fargo has voluntarily dismissed a foreclosure action in Iowa after the state Court Judge denied Wells Fargo’s Motion for Summary Judgment and set the case for trial. This case, which began in 2005, has been discussed several times on this website throughout its interesting history.
The homeowner, who had originally represented herself, had been told by Wells Fargo back in 2005 that Lehman Brothers was the “investor” on the loan. Notwithstanding this issue relating directly to chain of title to the note and mortgage and the ability of the servicer (WF) to foreclose, the Court granted summary judgment to WF in 2005, which it later vacated in 2010 after WF brought Lehman into the case as a party Defendant and made certain admissions as to lack of ownership of the mortgage loan. The Court was concerned as to many issues, including how WF could claim under oath in 2005 that it owned the loan but admitted in 2010 that it did not and that the Note was lost, with WF not knowing the details as to the “loss”.
WF nonetheless moved for summary judgment a second time in 2011. The homeowner asserted numerous disputed issues of material fact, including the failure of WF to file or record any Assignment pursuant to a Servicing Agreement between WF and Lehman; failure of WF to demonstrate compliance with the Seller’s Warranties in the Servicing Agreement; failure to demonstrate compliance with the Custodial Agreement; Plaintiff’s admission that it has no knowledge of the true and present owner of the Note; failure to offer any proof as to when the Note was lost; failure to identify the nature and extent of admitted interests in the Note on the part of a Lehman securitized trust; infirmities in WF’s “Affidavit” of the “Default Litigation Specialist”; and failure to satisfy Iowa Code Sec. 554.1201 (relating to proof requirements in lost note claims).
The Court issued a written opinion denying WF’s second Motion for Summary Judgment. The case was thereafter set for trial. Today, the Notice of Voluntary Dismissal was received.
The homeowner is represented by Jeff Barnes, Esq. (who was admitted pro hac vice in the case and prepared the opposition to WF’s second Motion for Summary Judgment) and local Iowa counsel Christine Sand, Esq. of the Beverly Wild Law Office.

Santorum try reading the news! Coverage Grows for Wall Street Protest - NYTimes.com

 Maybe Rick Santorum has been too busy  to read the news the past few weeks.  Here is an article from the NY TIMES October 5, 2011.  He is missing the boat here and being brainwashed by the big banks, money and the administration.  Clearly he hasn't been keeping up on the news. 

Coverage Grows for Wall Street Protest - NYTimes.com
“Live, from Occupy Wall Street.”
The Occupy Wall Street protesters and people sympathetic to their movement accused mainstream media outlets of playing down the first days of their protests in New York City in September.
But as the protests have spread to other cities in recent days, there has been a surge in media coverage on television, online and in print. And on Wednesday, for the first time, a national television news program moved itself to Lower Manhattan to cover the protests at length.
The program was that of Tamron Hall, the 2 p.m. anchor on MSNBC. Standing beside Zuccotti Park, the focal point of the Occupy Wall Street protests, Ms. Hall said that “protests are being held and planned right now in more than 50 cities.” On the screen were videos of earlier protests in New York, Chicago, Boston and Los Angeles.
There are no immediate plans for other programs on MSNBC to broadcast from the protest site. Still, the presence of Ms. Hall attests to the growing amount of media attention that the protests are garnering. While there were reporters at the park on Sept. 17, the first day of the occupation, there are many more now.
There were only a smattering of mentions of the protests on television in the first week, and some of those mentions — like the first one on Current TV’s “Countdown,” the liberal program anchored by Keith Olbermann — were about the lack of media coverage.
Television regulars like Michael Moore helped spur some coverage in late September. The Pew Research Center’s Project for Excellence in Journalism found that the protests represented a small sliver of the national news hole last week: the economy accounted for 14 percent of news coverage, and Occupy Wall Street accounted for about 12 percent of that economic coverage.
Arrests of protesters on two consecutive Saturdays, Sept. 24 and Oct. 1, generated much more coverage, including reports on nightly newscasts. By the time the protests entered a third workweek on Monday, all of the network morning news shows were discussing them.
“In a matter of weeks, Occupy Wall Street has grown from a small group of protesters squatting in New York’s Zuccotti Park to a national movement,” Mr. Olbermann said on his program Tuesday night. “Support from organized labor and progressive groups is increasing by the day, while the protesters — who were once sneered at by most national media and The New York Times — are now part of the testimony on Capitol Hill, part of the conversation on the campaign trail, and part of the calculations on Wall Street.”
The proximity of the main Occupy Wall Street protest to the newsrooms of television networks and national newspapers may have helped draw coverage. Erin Burnett, a new anchor for CNN, visited the park, interviewed protesters and showed one of the interviews on her program with a heavy dose of sarcasm on Monday night.
In a separate segment, Ms. Burnett told one of her guests, “I was in Tahrir Square during the Egyptian revolution, and this lacked the intensity, to say the least.”
Others seem to disagree.
When Nick Kristof, a columnist for The New York Times, visited the park on Sept. 29, he wrote on Twitter, “I’ve just been interviewing people at the Occupy Wall Street protests. Reminds me of Tahrir Square.” Mr. Kristof, too, was in Egypt during the revolution there, and he said he saw similarities in the “social media savvy, carnival mood and deep sense of frustration & disenfranchisement” of both crowds.
Dylan Ratigan, an afternoon MSNBC anchor who rails against what he calls financial and governmental corruption, has spent time at the park each day since Sept. 30, and spoke with Ms. Hall on her show on Wednesday. He sent an e-mail to fellow journalists on Tuesday that read, “If you haven’t been down to Zuccotti Park I highly recommend it. Not to simply get crowd shots, but to actually meet and talk with some of these people who are of all kinds, ages and economic standings.”
He has not yet broadcast his daily TV show from the park, however.