Five Biggest Mortgage Firms Defrauding Taxpayers say Federal Auditors

Bank of America, Chase, Wells Fargo, Citigroup and Ally Financial (GMAC) have been (and still are) cheating taxpayers by wrongfully foreclosing and then claiming millions of dollars in reimbursements from HUD, FHA & other governmental bodies for losses on mortgage loans. Why won’t you let the dog sniff your locker? As the article below shows, [...]

Chase stole mortgage money and foreclosed on troops

If you are a REALTOR working with a homeowner who is in the military and J.P. Morgan Chase is the mortgage servicer then get ready to rumble.  If you are not taking advantage and leveraging the Servicemembers Civil Relief Act (SCRA) then you are trying to do your job with a knife while your enemy [...]

Holiday Foreclosure Freeze? No, not for Texas.

Although Fannie Mae, Freddie Mac and several other large lenders are claiming a Holiday Gift with their self imposed foreclosure freeze sadly it won’t help Texans one single bit! This “gift” is nothing more than a shameless attempt at improving their poor public image. Why won’t it help Texans? Because although they will suspend foreclosures [...]

Chase’s deceptive loan modification

Press hard, third copy is yours.  What did you just sign? Tim Hammond, an experienced REALTOR in the Greater Houston area, posed a question to our team last week.  He heard mortgage servicers are mass mailing loan modifications (and/or mass mailing approvals for loan mods), especially to those folks facing foreclosure.  Is this true? Since [...]

Bank of America’s fraud causes foreclosure halts!

Stay tuned as Bank of America has started pulling foreclosures in 23 states just as Chase & GMAC/Ally. On the other hand, Wells Fargo claims that they have the documents in order.   Really, hey Wells Fargo, watch this blog as on Monday I’ll post your fraudulent Notice of Sales here in Texas. – The Bank [...]

Is your mortgage modification trials rolling past 3 months?

Have three months have past by and you’re still awaiting your “permanent” modification?  As Gomer Pyle says, Surprise, surprise, surprise.  USA Today points out that Chase & Bank of America just don’t quite seem to know how to calculate three months.   It seems three is the same as five or six or NEVER! Unfortunately, this [...]

JP Morgan Chase is shut down and barred from trying to foreclose

Is it possible to win against these big lenders?  Yes, the homeowner listed below won a suit against Chase and the Judge BARRED the bank from coming forward again to try and foreclose. As Neil Garfield says…The Pretender Lenders have now tried to use all the major parties and some of the minor parties in [...]

Chase produces a Fraudulent Assignment of Mortgage

J.P. Morgan Chase along with its attorneys cranked out some bogus docs or so it seems.   These guys will stop at nothing to get their way.  Thanks to 4closurefraud.org for posting this info. – The Bank Slayer J.P. Morgan Chase / LPS Produced a Fraudulent Assignment of Mortgage! Memorandum of Law of The United [...]

Chase says NO to Obama’s loan modification plan

JP Morgan Chase still owes $40+ Billion to federal agencies but has decided they can tell Obama and Co. that they want no part of loan modification if it involves principal write downs. If you read between the lines in the Huffington Post article below you’ll see the real reason…while they don’t give a darn about jacking around [...]