Wells Fargo, N.A. v Mcnee :: Another win for the Law Offices of Robert E. Brown!!

The Law Offices of Robert E. Brown, P.C.

Another win for the Law Offices of Robert E. Brown, P.C.! As real estate has the saying - location, location, location. Foreclosure Defense should have Standing, Standing, Standing! This proves once again that lenders will go to any length to foreclose.

Wells Fargo Bank, N.A. v McNee
Full decision below:

Wells Fargo Bank, N.a. v McNee w

Urban Institute: Foreclosure backlog to 'take decades to complete'

There's a good chance there will be parts of the country that may never recover. My belief is that all of the government programs put into place simply created a false bottom (not to mention they were a huge failure). We need a rock solid bottom in order to be able to move forward. As I've stated before the Fed simply should have told all the lenders in 2008 that they (the Fed) would purchase any defaulted loan at .50 cents on the dollar. Sure, at the time many of the banks would have told the Fed "thanks but no thanks". But as they dug themselves deeper (and with no bailout money to save them) they would have changed their tune. Then the Fed could have modified the loans any way they liked. Yes, there would have been multiple banks going under. But their assets most certainly would have been picked up by stronger banks.

http://www.housingwire.com/2011/12/29/urban-institute-foreclosure-backlog-to-take-decades-to-complete

Independent Foreclosure Review Fail | NY Times – Foreclosure Relief? Don’t Hold Your Breath

Independent. I'm not so certain bankers or our government for that matter truly understand the meaning of the word "Independent". How can one (auditor/reviewer) provide an "independent" review of another party's (banks)documents when there is a previous relationship between the two parties? Just asking!

http://4closurefraud.org/2011/12/28/independent-foreclosure-review-fail-ny-times-foreclosure-relief-dont-hold-your-breath/

The Law Office of Robert E. Brown is featured on CNN Money

The Law Offices of Robert E. Brown, P.C.

Foreclosure free ride: 3 years, no payments

NEW YORK (CNNMoney) -- Delinquent borrowers facing foreclosure are learning that they can stay in their homes for years, as long as they're willing to put up a fight.

Click Here: CNN Money

Lawmaker Presses for Criminal Investigation of GSEs

The fact that BOTH Fannie and Freddie entered into non-prosecution agreements with the SEC and agreed to cooperate in the litigation against their former executives should have told us this wasn't going anywhere anyway. MORE politicians need to step up to the plate like Senator Scott Brown. Hopefully, one day soon we'll see handcuffs on these bankers.

http://www.dsnews.com/articles/lawmaker-presses-for-criminal-investigation-of-gses-2011-12-23

Foreclosure dismissed-- Frivolous conduct by HSBC

The Law Offices of Robert E. Brown, P.C.

Foreclosure dismissed on basis of Frivolous conduct by HSBC.

Decision can be found here: HSBC Bank USA, N.A. v Taher

Silverberg Decision Hammers Elpiniki

The Law Offices of Robert E. Brown, P.C.

Silverberg decision hammers Elpiniki

Click here for Decision

Another win for The Law Offices of Robert E. Brown, P.C.

The Law Offices of Robert E. Brown, P.C.

This was a big win for us. Bank of New York was told over a year ago that they must comply with the court's OCA Affirmation. Last year Chief Judge Jonathan Lippman apparently had enough with repeated attempts by lenders to put onto the court documents that let's say were "not up to par". This affirmantion requirement bascially puts the bank and their attorney on the hot seat. They in effect are stating that the file has been reviewed and info in the file is correct.

See attached decision:

TROPIANO

Expunged from Public Record: Evidence of Fraud Warning to Future Buyers and Real Estate Researches

What the hell is going on in Florida? How does an affidavit just "disappear". Unbelievable!!

http://4closurefraud.org/2011/12/25/cover-up-whistleblowers-affidavit-exposing-mortgage-and-foreclosure-fraud-on-195-grove-city-terrace-unit-3-disappears-from-public-records/

Fannie Builds Servicing Business via Secret Contracts

And so the back-door deals of Washington continue. . . . . .

http://www.americanbanker.com/issues/176_243/fannie-mae-secretly-become-mortgage-servicing-giant-1044951-1.html?ET=americanbanker:e9198:1903271a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=AB_top10_122311

Capital One Financial | More Illegal Conduct By Banks Excused?

If you had a bankruptcy that discharged your credit card debt and the bank is still trying to collect from you please call our office immediately for a FREE consultation. Since your debts have been discharged they can not try to collect from you.

http://4closurefraud.org/2011/12/23/capital-one-financial-more-illegal-conduct-by-banks-excused/

Petition to Enforce | PEOPLE OF THE STATE OF CALIFORNIA, KAMALA HARRIS v FEDERAL HOME LOAN MORTGAGE CORPORATION

There are many reasons why they refuse to cooperate. The first two reasons that come to mind are fraud and (bungling) bureaucracy.

http://4closurefraud.org/2011/12/23/petition-to-enforce-people-of-the-state-of-california-kamala-harris-v-federal-home-loan-mortgage-corporation/

6 Things Renters Need to Know About Eviction from Foreclosed Properties

These are the things that home owners need to know as well. If you're not certain how to protect yourself you need to seek out an attorney familiar with foreclosures and the law pertaining to tenancy. Should you have any questions please feel free to call our office at 718-979-9779

http://4closurefraud.org/2011/12/23/5-things-renters-need-to-know-about-eviction-from-foreclosed-properties/

Special Report: The watchdogs that didn't bark

Great article. Be sure to read to the end. It does seem as if Washington (Eric Holder)is deathly afraid of both the banks and Wall Street. If I didn't know any better you'd think Eric Holder is afraid of getting beat up (bloody nose anyone?)So what gives??? What's with all of the settlement attempts? Seems to me there are plenty of fraud cases to go around to keep all prosecutors busy for a very long time. I can't help but think about the discussion I recently had with Neil Barofsky
(SIGTARP). He simply put it this way "to collect via settlement is better politically". Again, how sick is that? Homeowners get screwed over by their brokers, lenders and now by those who were supposed to protect them from the wolves.


http://www.reuters.com/article/2011/12/22/us-foreclosures-idUSTRE7BL0MC20111222

For Every Two Homes for Sale, There's One in the Shadows

Shadow inventory. A few years ago it seemed the banks equated those words to the dreaded boogeyman. I believe the numbers stated here are on the low side. I think this is much bigger than any of the banks want to admit. Internally this is slowly crushing them. We still have another 5 years in this foreclosure crisis. So add that potential black cloud to these current numbers and you'll see the banks are in very bad position.

http://www.dsnews.com/articles/for-every-two-homes-sale-there-is-one-in-shadows-2011-12-21

Fannie Mae, Freddie Mac Sued by California Attorney General

Both should have been brought to the dumpster a long time ago. Bungling, bureaucracy and losing money seems to be their expertise.

http://www.bloomberg.com/news/2011-12-20/fannie-mae-freddie-mac-sued-by-california-attorney-general.html

BofA to pay $335 million in fair-lending settlement

Extracting these types of awards are great. These home owners absolutely deserve it. As usual though there are no indictments! Indictments leading to long prison sentences is what's needed.

http://www.housingwire.com/2011/12/21/bofa-to-pay-335-million-in-fair-lending-settlement

Principal reduction outpaces short sales under HAMP

The Law Offices of Robert E. Brown, P.C.

A borrower is more likely to get a principal reduction than a short sale or deed-in-lieu of foreclosure under the Home Affordable Modification Program.

The Full Story: housingwire.com

NYSC Judge Hammers Fremont, MERS, Pillar, Steven J. Baum PC, U.S. Bank “ASMT from MERS is defective, as it had no right, authority... .. ..

Full Story: stopforeclosurefraud.org

U.S Bank National Association v. Alan Bressler

U.S. Bank National Association, AS TRUSTEE FOR SG MORTGAGE SECURITIES ASSET BACKED CERTIFICATES, SERIES 2006-FRE2, Plaintiff,



against



Alan Bressler, CCU LLC, MERS, INC. ET AL, Defendants.


Full Decision can be found here: nycourts.gov


This case also calls Steven J. Baum's master "Robo-Signer" Elpiniki Bechakas into question again. When is somebody going to depose her and make an example of this behavior!