Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
Articles |The FORUM |Law Library |Videos | Fraudsters & Co. |File Complaints |How they STEAL |Search MSFraud |Contact Us
Nye Lavalle
Gasperino on CNBC at around 7 AM today. Go to CNBC for video.
Quote 0 0
Ed Cage

WOWSERS Nye!

Unbelievable to say the least..

http://www.marketwatch.com/news/story/citigroup-write-offs-could-reach-24/story.aspx?guid=%7B6EA380CE-98C0-4231-8ED5-9B3E934F69AA%7D

Above is the site for those of you interested in Nye's blockbuster up to the
minute news.. Indeed this year of 2008 is going to be the year we bring
fraudulent mortgage servicing entities to justice.

Same goes for their greed-driven individual executives.  These are the
master criminals behind the great mortgage hoax and its ultimate
collapse.

The truth is the mainstream employees are really not guilty of crimes per
se.. All they've heard are rumors.. Mortgage servicing fraud is cautiously
and deliberately structured in "need-to-know" cubicles or work environments..
Each separate unit is carefully insulated from the other.. Even the
supervisors (not all of them mind you) are honestly unaware of the big
picture of an elaborate scheme to illegally defraud investors, employees,
and especially mortgage customers.

Arch mortgage fraudster James Brantley of the failed AMC scam machine
was promptly hired (at a mega salary) not in spite of his notoriety as a
mortgage servicing criminal.. Indeed Brantley was hired by Citi Residential
BECAUSE of his ability to deceive and cheat both investors and customers.

Now his life is about to change as is that of Citi Residential I might add.

I will testify if asked.

Thanks for the (historic) update Nye.
Ed Cage
1804 Cross Bend, Plano Texas 75023
972-596-4363 (Listed)
ecagetx@tx.rr.com


Quote 0 0
Wow, that's way over the 18 Billion I heard!  I guess its no wonder whey no one whats to deal with Citi, just look at the ownership, and controlling interests!!
 
but 24 Billion?  Just 90 days ago it was what? 6-7?   The Banking system is broken, the meltdown has really begun! 
 
I can only suggest everyone read "Cicero" on the fall of Rome, and begin to prepare.
Quote 0 0
Gary I hope that some of the "20,000 jobs that were put
at risk" by Citi include a healthy portion of their prime
scamsters like James Brantley who Citi Residential
promptly hired after he helped drive the corrupt AMC
mortgage serving firm into the ground.

 

By hiring known criminals like James Brantley, Citigroup
let the world know the path of greed and dishonesty it
had chosen for its employees, investors, and exploited
customers and then cast its die.                                   

                                Snake-eyes.

 

Unbelievable to say the least.. Unconscionable says it best.  

http://www.marketwatch.com/news/story/citigroup-write-offs-could-reach-24/story.aspx?guid=%7B6EA380CE-98C0-4231-8ED5-9B3E934F69AA%7D  

I am available to testify under oath.
Ed Cage,
1804 Cross Bend, Plano Texas 
972-596-4363 (Listed)
ecagetx@tx.rr.com
 
Quote 0 0
Moose
Yet another small dose of reality...

The sky is not falling.

People - you have to read past the headlines. It's a staggering figure, but Citigroup still had a $3.62 billion-dollar profit for the whole year. Which is 83 percent lower than the prior year's so it cost the CEO his job, but with 375,000 employees, they're trimming their workforce by barely 1% over the coming year. And they're still paying a dividend.

Yes, a company's stock price is going to be hammered with that kind of a performance, and since Citi is so widely held it's going to affect the portfolios and retirement accounts of millions of people.

But if you take a deep breath, step away from the edge of the cliff and stop reading headlines and stories that are designed to alarm, you'll soon learn that there are cycles to everything. This is yet another one and we may not be at the bottom of it.

The media is helping talk us into a recession.

Moose







Quote 0 0
Write a reply...