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.
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bwssr
If you make a complaint to the Consumer Financial Protection Bureau a part of the DOJ. Your complaint does not go where you think it does it goes to the bank you are complaining about. Kind a like telling a cop you witnessed a crime and he goes to the criminal to tell him about your complaint. With nothing happening to the criminal.  What a bunch of crap.
They get a bailout and we get the boot.
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bankbuster
bwssr,

We are getting dealt to from a VERY stacked deck. It won't be until "We the People" are at their doors with pitchforks, will we see justice prevail.

http://www.huffingtonpost.com/2012/01/20/eric-holder-banks-lanny-breuer_n_1218452.html
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bankbuster
...and yet another pile of whale dung that should be imprisoned....

http://www.truth-out.org/buzzflash/commentary/lanny-breuer-cashes-in-after-not-prosecuting-wall-street-execs-will-receive-approximate-salary-of-4-million-dollars/17885-lanny-breuer-cashes-in-after-not-prosecuting-wall-street-execs-will-receive-approximate-salary-of-4-million-dollars
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texas
Who are "We the People?"
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arkygirl
You have no idea just how "stacked" this deck is....against "We the People". Definition of "We the People" by today's politicians: "Potential voters who should be stroked every two to four years and bent over all the rest of the time".

The DOJ only trolls for small fish and has no interest in prosecuting any of the Administration's buddies on Wall Street or in banking; they have effectively bought immunity. In fact, Eric Holder committed fraud with his bogus inflated claims and should prosecute HIMSELF for being a sham "public servant", taking taxpayer dollars for doing nothing in his job description! Grab the pitchforks!

Fortunately, Bloomberg News (and others) noticed:

The Justice Department made a long-overdue disclosure late Friday: Last year when U.S. Attorney General Eric Holder boasted about the successes that a high-profile task force racked up pursuing mortgage fraud, the numbers he trumpeted were grossly overstated.

We're not talking small differences here. Originally the Justice Department said 530 people were charged criminally as part of a year-long initiative by the multi-agency Mortgage Fraud Working Group. It now says the actual figure was 107 -- or 80 percent less. Holder originally said the defendants had victimized more than 73,000 American homeowners. That number was revised to 17,185, while estimates of homeowner losses associated with the frauds dropped to $95 million from $1 billion.

The government restated the statistics because it got caught red-handed by a couple of nosy reporters. Last October, two days after Holder first publicized the numbers, Phil Mattingly and Tom Schoenberg of Bloomberg News broke the story that some of the cases included in the Justice Department's tally occurred before the initiative began in October 2011. At least one was filed more than two years before President Barack Obama took office.

After their initial story, I asked a Justice Department spokeswoman, Adora Andy, several times over the course of a month for a list of the people charged and their case details so I could look them up myself. She promised repeatedly to provide one, until she finally stopped responding to my requests.

Her e-mails to me were priceless. On Oct. 19, Andy said: “We’ll have a list to you -- it will take some time to pull it together.” On Oct. 26, she said: “You will get a list,” explaining that “this is a labor-intensive process.” On Nov. 5, she said: “It looks like we should have the list to you by the end of the week if not sooner.” On Nov. 13: “Hold tight. Finalizing things on this end. Should have something to you tonight.” Again, no list. “I assure you I’m working as hard as I can to get this to you along with the lead agency on this matter, FBI,” she said later that same day. “It’s just very laborious with so much going on and so little staff.”

My column about the Justice Department's refusal to come clean ran a few days later last fall. And it seems obvious now why I wasn't given the list. The government would have been handing me the proof that the numbers it was touting were wrong.


There is more at this link:

http://www.bloombergview.com/articles/2013-08-11/eric-holder-owes-the-american-people-an-apology

And this one:

http://www.motherjones.com/mojo/2013/08/department-justice-holder-distressed-homeowner-initiative

And this one:

http://hotair.com/archives/2013/08/12/surprise-dojs-mortgage-fraud-prosecutions-claim-turns-out-to-be-fraudulent/


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bankbuster
Spot on, Arkygirl!!! I owe you big time for that "We the People" definition... Maybe Texas can comprehend that, although I do have my doubts... :-)

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George Burns
This administration has been a bigger disappointment than I imagined possible. But what is even worse is the lack of public outcry and outrage.
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texas
Geoge Burns, that what election are a part of...
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bwssr
If you can get an honest person elected and then if this person can stay honest.
They get a bailout and we get the boot.
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Sharon
I'm sorry to say that I have been an activist for 25 years and the way I see it is a majority of Americans started buying into thirty-second sound bites.  While corporations were dividing the country by getting us to hate each other with guns, birth control and gays they took away our rights right before our very eyes. 

It is "We the People" that allowed ourselves to be hoodwinked and we are getting exactly what we deserve.  But I do see hope for once a majority of the citizens of the US realize what has been going on there will be change.
Sharon
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