Month: May 2014

Thousands of Aggressive Homeowners Secretly Settle Fraudclosures With Gag Clauses

Livinglies's Weblog

It was only a matter of time before it became common knowledge. My guess is that tens of thousands of homeowners have successfully litigated their foreclosure cases only to come to a fork in the road where they must make a decision: (1) finish the case at trial or (2) accept an incredibly “generous” offer from the pretender lender. My choice is option #1. But Homeowners understandably most often choose option #2.

By way of example, and not to disclose any of the details in the hundreds of cases I know have been settled to the satisfaction of the homeowner, pick a number. Let’s say you have a mortgage and note that you are successfully litigating — i.e., showing that the origination was false, that the payee and mortgagee were falsified, and that the assignment was fabricated based upon a fictitious sale of the loan because no money ever exchanged…

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PATTERN RECOGNITION: EVERYTHING IS RIGGED

LIBERTY ROAD MEDIA

Stock market: rigged.  Money: out of thin air.  Wall Street bonuses: more than all federal minimum wage employees combined.  The pattern recognition skills of the public have GOT to be kicking in by now, yes?

EVERYTHING. IS. RIGGED.

From Zero Hedge (discussing high-frequency trading with “Flash Boys” author Michael Lewis):

Lewis explains the game, exposes the rigging, and slams the mainstream media’s “defense” of this…

LEWIS:  So of course the tourists get fleeced all the time in the poker games, because they don’t know the deck is rigged.  The poker players pay the casino a cut of what they make.  The casinos, operators, pay the tour group – the tour group company money to bring in the tourists.

So in this case, casino’s the exchange, the poker players are the high-frequency traders, and the tour group operators are the banks and the brokers that handle the stock…

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