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Uploaded by on Jul 20, 2008

Borrowers Betrayed: Thousands of felons are licensed mortgage brokers in Florida, and have defrauded the public out of millions of dollars. Video by Chuck Fadely / Miami Herald

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News & Politics

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  • Reverse, rescind and vacate ALL foreclosures retroactive to 1913. Since the title company shows proof of ownership immediately when the note is signed, the home is paid in full. The banks books must balance at the end of every business day. If that's the case, where is the debt?

  • First thing to realize is that the banks can't show where a loan was even made. That's #1. The fraud starts at inducement, Secondly, banks should not be allowed to do ANYTHING (securitize) with the note/mortgage without naming the 'borrower' as recipient and sharing with in any and ALL profits derived from any movement so far as the note is concerned. Thirdly, since the bank can't show a loan, the banks are foreclosing on homes THEY NEVER OWNED IN THE FIRST PLACE.

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