CNBC LIES: THE FRAUD IS IN REMIC, MERS, MBS, PSA'S AND CDS'S 10-4-2010
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Uploader Comments (traynickel)
Top Comments
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@beingmiddleclassdoto - provide the proof of who owns the debt and the foreclosure is legit. no proof? well, possession is 9/10 of the law.
1 year ago 2
All Comments (45)
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larry needs to crawl back into a bottle.
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Bottom line people are going to be living in their own homes rent-free.
I am a corporate whore for the banks… CNBC
We rewarding bad behavior? What a group of crack heads.
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SUE THE LENDER! OR FILE CHAPTER 13. THIS WILL FORCE THE BANKS TO PRODUCE THE TITLE DOCUMENTS.
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What a crock of crap regarding the defaulters. They were ROBBED! Hello? You think they would stop paying if they hadn't been ROBBED by these banksters!~???
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@TimeToThinkAwake and the best part is, They'll never be prosecuted for criminal activity. This is typical of the big players. THEY'RE ABOVE THE LAW. "THEY THINK THEY'RE GOD"
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BANK OF AMERICA = THE BIGGEST CROOK ON THE PLANET
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The same assets were SOLD multiple times! and those loans were PAYED MULTIPLE TIMES! to the scammers! who had the moneys transfered to secret offshore trusts. Often these scammers used 'straw man' stolen ID's , of unsuspecting ex wive's, children, others, etc!
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Why EXACTLY is it a good thing if artificially hyperinflated housing costs stay so high that a person's only choice is to be an endless debt slave to the banks?
Let the housing costs go back to reality. sorry, that's what needs to happen if we are to ever be free of the banksters.
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RICO cases have been filed. It's a tough decision about the homeowner being awarded the house. They still owe the debt. I think the real question is to whom the debt is owed. The issue is the separation of the deed from the note. Most banks are not able to produce the note, especially if they are in the MERS web of deceit. Foreclosure mills are processing foreclosures so fast the judges are not adhering to the law, neither are the lawyers. Moratorium now in effect in several states. Finally!
beingmiddleclassdoto 1 year ago 2
@beingmiddleclassdoto read the Kentucky Class Action Lawsuit. The penalties will easily cover the debt. That is small change compared to the damage to the CDO Derivative Market. $600 Trillion Dollars on worthless paper. Game Over!
traynickel 1 year ago 5
@traynickel read the Kentucky Class Action Lawsuit. The penalties will easily cover the debt. That is small change compared to the damage to the CDO Derivative Market. $600 Trillion Dollars on worthless paper. Game Over!
TOILET PAPER???
JUST THE TRUTH TV
VOTE THIS UP IF YOU LIKE THE TRUTH & WOULD LIKE THEM TO GOTO JAIL WITH THE BANKERS.
Diana ooo is an idiot!
JUSTTHETRUTHTV 7 months ago
@JUSTTHETRUTHTV the Kentucky Lawsuit is one of the first cases i read which brought all the fraud out in the open for me. The BIS ( Bank Of International Settlements) is reporting $600 Trillion, experts are saying that is only half. u are correct the game is over.
traynickel 7 months ago
This is old news in the foreclosure, economy blogs. It's about time this fraud has reached the level of importance to be picked up by cnbc. The housing market must be stabilized before our economy improves. The fraud perpetrated by the government and the banksters is appalling and whether you are able to pay your mortgage or not, it will affect you. If a homeowner cannot pay the mortgage, foreclosure is imminent. The abusive practices of lawyers, judges, and banks must be stopped.
beingmiddleclassdoto 1 year ago
@beingmiddleclassdoto The fraud activity may be RICO. There will be thousands of Americans that are not paying, that will be rewarded the house, attorney fees and damages. No Title, No Foreclosure.
traynickel 1 year ago 2