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Ohio official calls for DOJ probe of Chase mortgages

An Ohio state official called on the Justice Department to open an investigation into J.P. Morgan Chase's residential mortgage unit.

"Mortgage foreclosure documents must be notarized according to the law," Ohio Secretary of State Jennifer Brunner said in a statement on Thursday. "Requiring this is not an afterthought or an exercise of form over substance -- the law must be followed when taking away someone's home, regardless of the circumstances."

Brunner, who is also the state's chief elections officer, brought up an interesting point related to the upcoming elections. She said she issued a directive instructing Ohio's 88- county board of election that it may not cancel a voter registration soley because someone is in foreclosure. Because of the high rate of foreclosure in some districts, it's possible this may swing some local elections.

By Ariana Eunjung Cha  | September 30, 2010; 11:30 AM ET
Categories:  Housing  
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Next: OneWest Bank employee: 'Not more than 30 seconds' to sign each foreclosure document


Commercial and residential real estate foreclosures via deceptive and fraudulent proceedings enable lenders to repeatedly, illegally flip properties, and enables falsified IRS form 1099-A’s. Foreclosure fraud is the best means by which unscrupulous foreclosure mill lawyers deceptively auction and bid (or insiders bid) and acquire those properties; and some neighborhoods blighted.

Foreclosure fraud deliberately utilizes defunct mortgage lenders companies or companies which no longer own promissory notes; huge ransom “fees makes it even harder for property owners to regain properties. Two particular companies “which benefit from fraudulent foreclosures are Wells Fargo and Freddie Mac.

Representations about Freddie Mac billion dollar losses should be weighed against the needless money that Freddie –as well as other lenders– PAY foreclosure mills and debt collectors who utilize courtrooms to outmaneuver and persecute property owners who oppose fraudulent foreclosures. Further, when justified lawsuits for fraud –as well as for OUTRAGEOUS “Unfair Debt Collection Practices,” become filed against lenders and mills, those same lawyers make additional $$$$ from litigating and concealing their own wrongdoing!

Further, THE SHOCKING fabricated pleadings filed in Bankruptcy courts for FRAUDULENT REPOSSESSION of commercial and residential real estate res ipsa loquitur is demonstration of intentional foreclosure fraud. Foreclosure fraud has many far reaching effects; for example, years later, people UNFAIRLY become answerable for IRS tax bills and unjustified “deficiency judgments.” *MORE @

Posted by: lawgrace | September 30, 2010 3:05 PM | Report abuse

This is my second mortgage with Chase Home Finance and I was told 2 weeks ago there was a sale date on my home by a Chase Rep without being served ANY PAPERS!!! I lost my job in healthcare first of the year and I have been in contact with Chase every month to let them know of my employment status. I filled out modification papers earlier this year and received no word from them.
So please someone explain to me how can there possibly be a sale date!
KP of Naples, Florida

Posted by: Anonymous | September 30, 2010 3:29 PM | Report abuse

The common thread is they were lying.

They lied when they said these were AAA rated liquid investments based upon industry standard underwriting standards for residential mortgages

They lied when they said this property is worth more than the principal that was borrowed.

They lied when they said these loans are in default

They lied when they said they were giving a complete accounting for the transaction

They lied when they said “I have personal knowledge”

And they are lying now when they say the contents of the fraudulent documents are true but the person was wrong. If that was true all they would have to do is submit a corrective instrument signed by someone who would swear again under oath that the facts were true. But they don’t have that person because there are no such “true facts.” The whole thing is a myth and now it is starting to unravel. There is a way out of this mess for everyone, but nobody listens to the facts — they (the banks) insist on stepping on rake after rake as they walk off a cliff. Who is advising these people, Daffy Duck?

Crushing their own credibility, GMAC, Ally and Chase and soon other banks and their foreclosure mills will soon be trying to tell us that the information on the affidavit is correct, that the substitution of trustee is valid, that the notice of default is genuine, that they are the holder of the note (even if the obligation inures to the benefit of another party), and that the lien has been perfected. They continue to proceed as though they can fool all the people all of the time.

Memo to Banks: your advantage in procedure is vanishing — there are about 5,000 judges across the country that are questioning themselves and their docket and most of all YOU, whom they trusted. Judges don’t like it when someone uses the system to make a mockery of the rules, and they really don’t like it when they realize that they just rubber stamped 3,000 foreclosures that were fatally defective. RULE #1: Don’t make the Judge angry. Oops, you already did that.

Nobody liked or trusted the banks before the revelations by GMAC and Chase corroborating what I have been saying for three years and teaching in my seminars about evidence, objections and the rules of civil procedure. Your credibility is going down the drain, what was left of it. You can’t use fake affidavits to circumvent the requirements of evidence and substantive law anymore. You can’t submit assignments, endorsements, substitutions of trustee, notices of default, notices of sale and file motions for summary judgment unless you are actually entitled to win on a level playing field. That means you need a live witness who is going to say that the assignment was executed by them on behalf of an entity that had something to assign and with authority from that entity that can be shown within the proffer of other evidence. You need a live person who is willing to perjure themselves. And even if

Posted by: jlsemidey | September 30, 2010 4:18 PM | Report abuse

And even if you found one, they will never survive cross examination, discovery and investigation.

It is no longer a secret that there were no assignments, no endorsements, no allonges, no transmittal of the paperwork until you decided to foreclose. It’s no secret that when the new paperwork was signed, the people signing it had no more idea what they were signing than those characters who signed the affidavits. It’s no secret that the auctions were based upon fraudulent “credit bids” and that title was improperly documented and thus not actually transferred — not in the eyes of any competent title examiner. It’s no secret that it was all a sham — not anymore. So you can either continue to strategize with Daffy Duck as your chief adviser or you can choose another path. If you continue down the current path, do the math. It doesn’t work out very well. Do the politics. It doesn’t work out very well.

Congratulations, you just became the loss insurer for millions of American homeowners — and at the same time you have exposed your other activities in student loans, credit cards, auto loans and other debt.


Posted by: jlsemidey | September 30, 2010 4:29 PM | Report abuse

Juistice, Justice. Let these monster bankers learn. maximum 200 years each.

Posted by: Anonymous | September 30, 2010 6:21 PM | Report abuse

The Hue of My Skin is not my Fault
Chase increased my fixed mortgage in 2004 by 50% destroying my quality of life.
Hard work and perseverance, which has enslaved me and the help of God, have carried me thus far.
Chase have upgraded its scale of attack and declare war, lying I am backwards in mortgage payments by ten months.
Truth been told ever since that increase my mortgage has been one month late.
That is something I hate, it’s the only way I could keep my gate
Luckily the bank has those dates.

Now to qualify for loan modification I have to accept their lies or I will be forced to sever ties through foreclosure
Throughout my journey of life I have been an honest soldier.
I will not lie to secure modification, I rather face starvation!

How many people throughout the years have faced the wrath of Chase in this nation?
It is time for someone to take a stand.
I am asking God for a helping hand to stop their plan.
And allow us to enjoy the same privileges of others who have acquired the American dream of home ownership.
Someone to wake us out of this nightmare we have been experiencing throughout the years.
The hue of my skin is not my fault!

Posted by: Anonymous | September 30, 2010 6:57 PM | Report abuse

My mother has been the victim of this same fraud, she was in the midst of renegotiating the mortgage with Chase when I visited her one day to find a note taped to the door stating that the house has been sold and she had a fixed number of days to vacate. After fighting it for months the foreclosure agents perjured themselves in court declaring that my mother had indeed signed and received all pertinent notices. The Sheriff's department changed the locks last week and this weekend I am helping my 75 year old mother move a lifetime's worth of possessions into storage.

The truly sick aspect of this is that the sale seems to have been conducted with inside knowledge. The buyer was a former manager at Chase's mortgage unit and bought the house weeks before my mother even knew it was on the market.

I hope Chase goes down in flames.

Posted by: Anonymous | September 30, 2010 7:05 PM | Report abuse

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Posted by: chloemia01 | October 1, 2010 6:21 AM | Report abuse

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Posted by: Anonymous | October 4, 2010 8:30 PM | Report abuse

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Posted by: Anonymous | October 4, 2010 8:31 PM | Report abuse

Chase closed on my mortgage without a certificate of occupancy and I was locked out for 9 months and they expected me to pay. The note said I had to take posession within 60 days or I committed purgery. Chase committed purgery Help Allan 561-912-8173

Posted by: Anonymous | October 5, 2010 7:26 AM | Report abuse

In recent press release, Wells Fargo blamed all its fraudulent mortgage loans on Wachovia.

I can say for a fact that Wells Fargo made mortgage loan and foreclosed my home based on hugely inflated and fraudulent appraisal.

Wells Fargo and its army of attorneys knew it is Category C felony to make mortgage loan and foreclose home based on fraudulent appraisal. However they chose to defraud us by foreclosing our home.

For almost a year, we pleaded with Wells Fargo to carry out its promises to us to rescind the loan contract and help
us to recovery our finanical losses. Wells Fargo bluntly refused and challenged us to sue it for justice.

Wells Fargo committed prosecutable crime against us. We lost our home. Something is wrong with this picture.

1. it is illegal for Wells Fargo to make mortgage loan to us based on hugely inflated appraisal.

Fact: - Wells Fargo's fraudulent appraisal valued our home at $718,000
- Wells Fargo's own review appraisal valued our home at $475,000
- Nevada Attorney General's office suspended the appraiser's license for committing appraisal fraud on our home.
- Nevada Appraiser Licensing Board mandated the appraiser to complete appraisal fraud course before regaining his
real estate appraiser license.
- Nevada Revised Statue NRS 205.372 states that it's category C felony to make mortgage loans based on fraudulent appraisal.
- Cases of Attorney General's indictments against attorneys, loan brokers for teaming up make fraudulent loans to
defraud homeowners.

2. it is illegal for Wells Fargo to wrongfully foreclose our home based on fraudulent appraisal and mortgage loan.

You can find all the facts on our website.

Posted by: WellsFargoFraudVictim | October 7, 2010 5:42 PM | Report abuse

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