The Gun Rights Solution -- Jury Nullification!

The Jury has the Right, the Power, and the Duty to always vote their conscience and VETO BAD LAWS!

Be a Fully Informed Juror!

Jury Nullification - America's Salvation

This is a webcam version of a speech I gave at the Liberty Toastmasters in Colorado, explaining how important juries are.



The jurors have the power to ignore the court's instructions and bring in a not guilty verdict contrary to the law and the facts. Horning v. District of Columbia, 254 U.S. 135, 138 (1920).

STOP THE LOOTING AND START PROSECUTING

To the Tea Party:Go Screw Yourself

by Karl Denninger

Yes, I mean it.

Here's a "reprint" of my interview with Dylan Ratigan last night:



I, and FedUpUSA, ought to sue anyone using this moniker for their so-called "political affiliation" for defamation.

Yeah, that's a joke.

But so are you.

All of you.

Especially Sarah Palin, Newt Gingrich, Bob Barr, and douchebag groups such as the "Tea Party Patriots." FULL STORY

MY COUNTRY MY ASS!

MY ENDORSEMENT FOR 92nd STATE HOUSE CANDIDATE

After reading the Editorial: 92nd District state House endorsement in the Muskegon Chronicle this morning, I decided to make my local endorsements public. While I know that I don't have many readers here in Muskegon, perhaps the ones I do have will share this with others.

The district covers Fruitland, Laketon and Muskegon townships and Muskegon, Muskegon Heights and North Muskegon.

The Muskegon Chronicle and Paula Holmes-Greeley, the Editorial Page editor, is endorsing Democrat Marcia Hovey-Wright. What a surprise. One has to read the article to see their reasoning. Hovey-Wright is a social worker in private practice. She also was a health care administrator and school social worker.

"However, we like Hovey-Wright’s 35 years of experience as a community volunteer and political activist and her mainstream, practical ideas. Her approach to the campaign displays her broad community contacts and organizational skills, something that will be needed when she reaches Lansing."

These are not qualities that I look for in a candidate. I want to know what that candidate is going to do about the fact that here in Muskegon County, county employees wages, pensions and health care eat up 85% of the general budget before the County Commissioners vote to spend even more of our money.

I want to know what a candidate is going to do to balance the State Budget because the State has the same problem with unsustainable employee wages, healthcare and pensions promises.

But as you can see, Muskegon Chronicle's Editor, Paula Holmes-Greeley isn't concerned about these problems that plague the Privet Sector Citizens of Muskegon, those of us who have to pay for every expansion of government that Hovey-Wright will vote for.

I am Endorsing John McNally who describes himself as a technology entrepreneur and holds a master’s in business administration. He also has worked in insurance and real estate. Offers 20 years experience competing in the global knowledge-based economy in California. He offers a plan he calls “economic farming” which grows the economy with existing businesses by creating an atmosphere that encourages entrepreneurial risk taking and business expansion.

So to my Muskegon readers, here are your choices, McNally who has first hand knowledge of being an entrepreneur and has a Master's in Business Administration or a Social Worker/Community Organizer. Don't we have one of those in the White House? How's that been working out for you?

Muskegon County Court employee arraigned for embezzling

MUSKEGON COUNTY — A Muskegon County 14th Circuit Court clerk charged with embezzling public funds has been arraigned on a 10-year felony.

Lisa Renee Hovis, 43, 2539 Dalson, Twin Lake, was arraigned Thursday in Muskegon County 60th District Court before Judge Maria Ladas Hoopes on one count of embezzlement by a public official over $50.

Hovis, who formerly worked as an account clerk for the Friend of the Court division, received child support payments from clients as part of her job, but is accused of taking some of the funds for her personal benefit, according to authorities. FULL STORY

Justice facing re-election admits using N-word

Chicago Tribune
By ED WHITE
Associated Press Writer

DETROIT — A Michigan Supreme Court justice running for re-election acknowledged Friday that he used the N-word during a private conference with other justices in 2006.

Robert Young Jr. responded after former Justice Elizabeth Weaver gave a speech this week saying he used the racial slur and that it shows why he doesn't deserve another eight-year term on the court. FULL STORY

Michigan Supreme Court Justice (Retired) Elizabeth A. Weaver speaks out

Michigan Supreme Court Justice (Retired) Elizabeth A. Weaver speaks out at the 9/12 meeting in Traverse City, October 19, 2010, on the fitness of Justice Robert Preston Young, Jr., and Third Circuit Court Chief Judge Mary Beth Kelly. Both are seeking seats on the state’s highest court.
CLICK HERE TO READ MEMO:

Read more at Delayed Justice.com

Michigan Supreme Court - Who Will You Vote For???

I recently wrote an article titled "The Forgotten Candidate - The Judge". We have FIVE candidates asking us to hire them for the TWO positions open on the court. WHO WILL YOU VOTE FOR??? Have you checked into the backgrounds of each candidate? Have you checked to see how they answer important questions to how they will function on the highest court in our state? If not, then now is the time to do your homework to determine who YOU will vote for. Here is your chance to stack the Michigan Supreme Court and change the face of justice.

I have already made my decision which I will share with you and why I have made these choices. You may agree or disagree with me, that's your option.

My First Choice is Bob Roddis. When I went to Bob's web site, he had posted for all to read, the answers of all Five candidates to the League Of Women Voters. CLICK HERE for this Q&A.

The first thing about Bob Roddis that caught my eye was he isn't already a member of the corrupted black robe society. The second thing that stood out was his answers to the League of Women Voters.

Q 3. What do you preceive as the greatest obstacle to justice, if any?

A 3. The Constitution protects your natural rights to personal liberty, financial liberty and sound money. The greatest obsticale to justice is the almost universal belief that government has the magical healing powers which, unfortunately, is taught in the law schools and academia. In fact, government is the primary cause of our current social and financial collapse. This "Fairy Godmother" theory of government encourages judges to override our essential liberties and approve government programs that are not only unconstitutional, but which lead inevitably to more crises and more unconstitutional programs. Judges have a basic duty to strike down such unconstitutional Laws.

Holy Cow!!! This is the type of Judge we have all been screaming for and yet how many of you have even heard of him? Oh, I forgot, Bob Roddis doesn't have a POLITICAL PARTY backing him and can't afford to buy media time to run campaign commercials like Republican backed Young and Kelly.

Here we have a candidate who understands the Constitution and Rule of Law, and I'm pretty sure that Bob Roddis would never tell you that Jury Nullification is "CIVIL DISOBEDIENCE" as Bob Young believes. Justice William Goodloe, Washington State Supreme Court, retired, believes that JURY NULLIFICATION is just the opposite. Read his article - JURY NULLIFICATION: EMPOWERING THE JURY AS THE FOURTH BRANCH OF GOVERNMENT

Wouldn't it be wonderful to have a Judge on the Michigan Supreme Court who would uphold Habeas Corpus? Individual Property Rights? (Smoking ban on business???) (Illegal Bank Foreclosures???)
I believe that if we elect Bob Roddis to the Michigan Supreme Court, it will encourage other Constitutionalists to run next time.

Q 4. What is your vision for the future of our judicial system? What changes would you advocate and why?

A 4. My vision for the future is that judges might understand and enforce the written Constitution. Pursuant to the Constitution: "No State shall...make any Thing but gold and silver Coin a Tender in Payment of Debts". If this provision had been properly enforced, there would have been no unconstitutional creation of the Federal Reserve, no Great Depression, no recent housing bubble and no unconstitutional bank bailouts. In 2008, Fed chairman Bernanke unconstitutionally created $1 trillion of bank reserves out of thin air which unconstitutionally diluted your purchasing power. The Founding Fathers would have executed Bernanke for such a stunt.

You can find more information on Bob Roddis HERE.

Second Choice. Alton Thomas Davis. I'm not as impressed with Davis as I am with Roddis, but I feel he is the better choice of the other three remaining candidates.

From the 6th circuit pattern jury instructions

Committee Commentary 1.02

(current through December 1, 2009)

A panel of the Sixth Circuit quoted paragraph (4) of this instruction and stated that it
cured any confusing statements made by the district court during voir dire. United States v.
Okeezie, 1993 WL 20997 at 4, 1993 U.S. App. LEXIS 1968 at 4 (6th Cir. 1993) (unpublished).
The jurors have two main duties. First, they must determine from the evidence what the
facts are. Second, they must take the law stated in the court's instructions, apply it to the facts
and decide whether the facts prove the charge beyond a reasonable doubt. See Sparf v. United
States, 156 U.S. 51, 102-07 (1895); Starr v. United States, 153 U.S. 614, 625 (1894).

The jurors have the power to ignore the court's instructions and bring in a not guilty
verdict contrary to the law and the facts. Horning v. District of Columbia, 254 U.S. 135, 138
(1920).

But they should not be told by the court that they have this power. United States v.
Krzyske, 836 F.2d 1013, 1021 (6th Cir. 1988); United States v. Avery, 717 F.2d 1020, 1027 (6th
Cir. 1983); United States v. Burkhart, 501 F.2d 993, 996-97 (6th Cir. 1974).

They should instead be told that it is their duty to accept and apply the law as given to them by the court. United States v. Avery, supra at 1027.

Jury nullification is very important

Chinese Professor

www.cagw.org. This new ad is part of an ongoing communications program in CAGW's decades-long fight against wasteful government spending, increased taxes, out-of-control deficit spending, and a crippling national debt that threatens the future and survival of our country.

If You Aren't Wealthy - This Mistake Could Ruin You

Who Will Replace Mike Cox As Attorney General for Michigan?

In my humble opinion, there is only one candidate who will do the job here in Michigan that Mike Cox has repeatedly refused to do. One who will do an honest investigation into the Fraud and Stealing of property by the Banksters that even the Tea Parties here won't address. Just call him up and ask him yourself, I did. 269--588-0420

DANIEL GROW FOR ATTORNEY GENERAL

YOU HAVE A CHOICE. YOU CAN MAKE A DIFFERENCE.

Foreclosure Expert Confirms Mortgages Pledged Multiple Times, Not Actually Securitized, Document Problem Is Really a System of "Push-Button Fraud"

If the loans had actually been securitized, the issue would not arise. They were not securitized. This was a mass illusion or hallucination induced by Wall Street spiking the punch bowl. The gap (second tier yield spread premium) created between the amount of money funded by investors and the amount of money actually deployed into “loans” was so large that it could not be justified as fees. It was profit on sale from the aggregator to the “trust” (special purpose vehicle). It was undisclosed, deceitful and fraudulent.

Thus the “credit enhancement” scenario with tranches, credit default swaps and insurance had to be created so that it appeared that the gap was covered. But that could only work if the parties to those contracts claimed to have the loans. And since multiple parties were making the same claim in these side contracts and guarantees, counter-party agreements etc. the actual documents could not be allowed to appear nor even be created unless and until it was the end of the road in an evidential hearing in court. They used when necessary “copies” that were in fact fabricated (counterfeited) as needed to suit the occasion. You end up with lawyers arriving in court with the “original” note signed in blue (for the desired effect on the Judge) when it was signed in black — but the lawyer didn’t know that. The actual original is either destroyed (see Katherine Porter’s 2007 study) or “lost.” In this case “lost” doesn’t mean really lost. It means that if they really must come up with something they will call an original they will do so.

So the reason why the paperwork is all out of order is that there was no paperwork. There only entries on databases and spreadsheets. The loans were not in actuality assigned to any one particular trust or any one particular bond or any one particular individual or group of investors. They were “allocated” as receivables multiple times to multiple parties usually to an extent in excess of the nominal receivable itself. This is why the servicers keep paying on loans that are being declared in default. The essential component of every loan that was never revealed to either the lenders (investors) nor the borrowers (homeowner/investors) was the addition of co-obligors and terms that neither the investor nor the borrower knew anything about. The “insurance” and other enhancements were actually cover for the intermediaries who had no money at risk in the loans, but for the potential liability for defrauding the lenders and borrowers.

The result, as anyone can plainly see, is that the typical Ponzi outcome — heads I win, tails you lose. FULL STORY

Flash update: Mortgage mayhem spreading!

by Martin D. Weiss, Ph.D. 10-20-10

The Mortgage Bankers Association (MBA) has just announced that new mortgage applications have slumped again despite some of the lowest interest rates in history — a drop in demand that bodes ill for the entire housing market.

Moreover, the slumping market can only be aggravated by the foreclosure fraud crisis that has burst onto the scene in recent days.

Some people thought Bank of America’s decision this week — to restart its foreclosure machine in 23 states — ended that crisis. But it didn’t.

Right now, as I write these words, the White House is meeting with regulators and administration officials to review federal investigations into the foreclosure fraud crisis. Not a good sign!

Also right now, 50 state attorneys general are plowing ahead with their investigations of the nation’s largest mortgage lenders, including Bank of America, JP Morgan and many others. FULL STORY

NY Fed, 8 Firms Threaten BofA Over Mortgage Securities

A law firm on Tuesday sent a notice alleging failures by Countrywide Financial to properly service loans that were part of certain mortgage-backed securities. Countrywide was acquired by Bank of America in 2008.

"We want to enforce the holders' contract rights," Kathy Patrick, the lead attorney representing the bond holders, told CNBC. "Today's action begins the clock ticking ... If these issues of non-performance are not addressed and cured, then our clients will be able to enforce their rights in court."

"There were representations made to my bond holders when they purchased these securities. They are contractual representations about the credit quality of these mortgages...and my clients are concerned," Patrick added, "that the mortgages in question did not, at the time they were securitized, conform to those representations." FULL STORY

Where is the Tea Party Outrage on ForeclosureGate

FedUpUSA was born in early 2008 after Bear Stearns collapsed and was forcibly merged into JPMorgan using taxpayer dollars without a single vote from Congress and no representation of the people. After multiple protests against this outright thievery in New York on Wall Street and in Washington DC in front of the Federal Reserve, the Tea Party idea really took off after Rick Santelli’s now historic rant on CNBC TV.

Since then, the Tea Parties have lost site of the fraud and corruption almost entirely, despite the concrete evidence that surfaces daily that the big TARP banks are illegally foreclosing on homeowners and have also defrauded investors who bought their toxic securities. Why have Tea Parties ignored the blatant crime? Does no one care that BOTH parties have continued to cater to the banking cartel that pays for their campaigns? I’ve got news for people: the real economy isn’t coming back no matter who is in office as long as the fraud and corruption is not prosecuted and the looting of the American People stopped. You can take THAT to the bank. FULL STORY

Lisa Hovis, former clerk for Muskegon County 14th Circuit Court, charged with embezzling child support funds

MUSKEGON — A Muskegon County 14th Circuit Court clerk who was fired earlier this year for allegedly stealing public funds has been charged with embezzlement.

Lisa Hovis, 43, who formerly worked as an account clerk for the Friend of the Court division, has been charged with one count of embezzlement by a public official over $50, a 10-year felony, according to Muskegon County Prosecutor Tony Tague.

A warrant was issued Oct. 14, Tague said, but Hovis had not yet been arraigned in Muskegon County 60th District Court as of Monday.

The allegations stem from her receiving child support payments from clients “and taking some of the money for her personal benefit,” Tague said. FULL STORY

Banks Sold The Same Mortgages To Multiple Investors!

No, They Didn’t Sell The Same Thing Twice….

Oh wait…. they did!

It appears as though many loans and other mortgage-related assets have been double and even triple-pledged to various constituencies.

Boa Answer to Freddie Objection in Re Taylor Bean & Whitaker Mortgage Corp.

And here I thought that all the missing paperwork and “re-created” foreclosure documents were all a mistake, and not an attempt to cover up something nefarious that happened earlier? FULL STORY

Proof Countrywide Never Assigned Collateral To Bank of America

First, we have a print-out from the Oakland County, Michigan Register of Deeds. This is the authority in this county where all transactions pertaining to real property MUST be recorded. The 1st mortgage on the property was originated by Countrywide. All subsequent transactions were also with Countrywide (with the exception of the quit claim deeds, which were done by the homeowner for the purposes forming an estate trust). There was the original mortgage in 2002, a refinance for a lower interest rate in 2003; then there was a home equity line of credit (HELOC) established at the same time as the refinance; and finally there was a refinance of the HELOC into a 2nd mortgage at a fixed interest rate in 2007. The homeowner never transacted with anyone other than Countrwide. Notice what is glaringly missing: Never is there any conveyance of the security interest to Bank of America by way of assignment from Countrywide. If this ocurred, in order for it to be legal and binding, it would have had to have been recorded at the Oakland County Register of Deeds and would show up clearly on this print-out obtained directly from them. FULL STORY

So, if you are facing foreclosure here in Michigan, your first step is to get a printout from your county Register of Deeds and see if it matches the name of the party who is foreclosing against you. If not, than you need to file an "Injunction" in your circuit court to stop the foreclosure.

GVSU LipDub 2010 *OFFICIAL*

Grand Valley State University's LipDub video.

Featuring the song "Come Sail Away" by STYX (rights requested)

Directed by Greg Kort and Chris Coleman
Produced by Kim Roberts, Greg Kort, and Chris Coleman

Special thanks to all the students, staff, faculty, and administration for making this video possible!

http://www.gvsu.edu/lipdub

http://www.facebook.com/gvsulipdub

Foreclosure Counterattack – Propaganda, Pseudo-Legality, and Thuggery

As Foreclosuregate, the legal crisis, looms ever larger and becomes a major political issue, the banks and government have scrambled to mount a counteroffensive against the consequences of their crimes. We can see how flat-footed they were caught. They seem to have become so comfortable with cutting every legal corner and evading every requirement which was even mildly inconvenient that they’re truly surprised this has escalated with such abruptness and violence. Their plan is to try to bluster and bully their way through by any means possible. They expect lies and lawlessness to prevail as always.

The first line of defense is the propaganda line that this is just a technical glitch, not a fundamental problem with the loan or the security, or any kind of systematic intentional fraud. So far this has been the preferred PR line for the administration and the mainstream media. But the banks are also working the line that no matter what the flaw, it can simply be legalized by legislative brute force. FULL STORY

DYLAN RATIGAN: FORECLOSURE FRAUD & $45 TRILLION DOLLARS

House Stealing: Tickerguy's Perspective

We have turned a blind eye to these lawless acts for the better part of a decade - not one indictment has issued for securities fraud over these matters. And it's not just mortgages - we know banks were involved in ripping off communities such as Jefferson County, we know they are alleged to have been involved in rigging municipal debt offerings (which raised the cost of living for everyone through higher taxes) and yet not one bank officer or bank itself has been placed under indictment for any of it. Further, the FBI warned in 2004 of an "epidemic" (their words) of mortgage fraud, and instead of it being prosecuted the agents were pulled and reassigned.

We have had two sequential administrations - Bush and now Obama - that have intentionally refused to prosecute any of this lawless behavior. This refusal continues to this very day with admissions in depositions under oath of the commission of literal tens of thousands of felonies per month (each instance of falsely swearing before a court is a separate count of fraud upon the court and, in the case of "robosigning", forgery - affixing a notary's signature by other than the actual notary.) Yet despite this having been confirmed in multiple depositions going back several months not one indictment has issued thus far and Attorneys General talk about not wanting to "upset" the banks or the "economy." FULL STORY

Foreclosuregate: Time to Break Up the Too-Big-to-Fail Banks

Only the beneficiaries — the investors who advanced the funds — can claim ownership. And the mortgages had to have been recorded ( with the county register of deeds ) in the name of the beneficiaries the year the MBS closed. The problem is, who ARE the beneficiaries who advanced the funds? In the securitization market, they come and go. Properties get sold and resold daily. They can be sliced up and sold to multiple investors at the same time. Which investors could be said to have put up the money for a particular home that goes into foreclosure? MBS are divided into “tranches” according to level of risk, typically from AAA to BBB. The BBB investors take the first losses, on up to the AAAs. But when the REMIC is set up, no one knows which homes will default first. The losses are taken collectively by the pool as they hit; the BBBs simply don’t get paid. But the “pool” is the trust; and to qualify as a REMIC trust, it can own nothing.

The lenders were trying to have it both ways; and to conceal what was going on, they dropped an electronic curtain over their sleight of hand, called Mortgage Electronic Registration Systems or “MERS.” MERS is simply an electronic data base. On its website and in assorted court pleadings, it too declares that it owns nothing. It was set up that way so that it would be “bankruptcy-remote,” something required by the credit rating agencies in order to turn the mortgages passing through it into highly rated securities that could be sold to investors. According to the MERS website, it was also set up that way to save on recording fees, which means dodging state statutes requiring a fee to be paid to establish a formal record each time title changes hands.

The arrangement satisfied the ratings agencies, but it has not satisfied the courts. Real estate law dating back hundreds of years requires that to foreclose on real property, the foreclosing party must produce signed documentation establishing a chain of title to the property; and that has not been done. Increasingly, judges are holding that if MERS owns nothing, it cannot foreclose, and it cannot convey title by assignment so that the trustee for the investors can foreclose. MERS breaks the chain of title so that no one has standing to foreclose. FULL STORY

Ron Paul speech to Tea Party uncensored

Rep. Ron Paul brought a crowd at the Virginia Tea Party Patriots Convention to its feet October 9th, delivering a fiery speech about an "intellectual revolution." He said the economy is going "to get a lot worse before it gets better" and advocated getting rid of the IRS and the income tax.

Foreclosure Fiasco’s Trail Leads to Washington: Jonathan Weil

By Jonathan Weil - Oct 13, 2010 9:01 PM ET
Bloomberg Opinion

What were banking regulators doing while some of the biggest U.S. lenders routinely filed false foreclosure documents in local courthouses around the country? In the case of IndyMac Federal Bank, it turns out the Federal Deposit Insurance Corp. was running the joint.

This may help explain why the mortgage-servicing industry got away with such misbehavior for so long. The government, in one form or another, was doing it, too.

The facts are there for anyone to see in the records of a circuit-court lawsuit against Israel and Neena Machado, a West Palm Beach, Florida, couple who last year beat back IndyMac’s attempts to foreclose on their home mortgage. They even won a judgment ordering IndyMac to pay $38,117 in legal fees. FULL STORY

View Oral Argument - U.S. Bank National Association v. Ibanez

Docket # SJC-10694

Date October 7, 2010

Video View oral argument with Windows Media Player

Summary
(prepared by Suffolk University Law School) Real Property; Mortgages-- Whether plaintiffs were assignees of mortgages such that they had legal authority to foreclose on the mortgages.

Appealed From Land Court, Justice Keith C. Long

White House in Crisis

Section 4 of the 25th Amendment likely to be invoked; Obama being shipped out!

By Wayne Madsen

Washington has not witnessed so much top level White House intrigue since October 20, 1973, when a Saturday night saw President Nixon fire the Watergate independent counsel, the U.S. attorney general, and the deputy attorney general in the “Saturday Night Massacre.” Just ten days earlier, Vice President Spiro Agnew resigned after being charged with accepting bribes while governor of Maryland.

In the case of President Obama, the senior firings are not happening during a single nght but the recent involuntary sudden departures of the White House chief of staff and national security adviser, along with what WMR can confirm from multiple sources is a president who is suffering from Nixonian levels of paranoia, depression, and schizophrenia, has some top-level administration officials considering the first-ever invocation of Section 4 of the 25th Amendment — the involuntary removal of the president from office. The White House meltdown has the Washington political circuit buzzing under the surface. FULL STORY

Why Stocks Could Collapse... Beginning as Soon as October 31st!

Want a peak at the next couple of years here in America? Then you have to connect the dots on what is happening today.

“People are going to wait for the elections in November. They think they’re going to have some other change that they can believe in. It won’t happen. When the economic winter sets in, then you’re going to start seeing people protesting more and more. This is just the beginning.” Gerald Celente

Why Stocks Could Collapse... Beginning as Soon as October 31st!

Dennis Slothower is one of the world’s leading technical analysts. He’s one of the few advisors whose readers completely avoided ALL losses during the disaster that was 2008.

And now he’s issuing another dire warning.

His technical indicators suggest that the market manipulation we’ve seen over the last several months is about to come to an end…and that means thousands of investors are about to get clobbered. STEALTH STOCKS

Foreclosure Fraud: 6 Things You Need To Know About The Crisis That Could Potentially Rip The U.S. Economy To Shreds

#1 According to the Associated Press, financial institutions were hiring just about whoever they could find, including hair stylists and Wal-Mart employees, as "foreclosure experts" to help them rush through the massive backlog of foreclosures that were rapidly piling up.

#2 There is soon going to be a colossal legal scramble to figure out who actually owns millions of U.S. mortgages.

#3 Legal battles over foreclosure documents could soon spawn thousands upon thousands of lawsuits across the United States.

#4 The problems with foreclosure paperwork may be more widespread than anyone would have dared to imagine.

#5 If some banks discover that they are missing the paperwork for large numbers of mortgages (as is currently being alleged), those banks could be forced to significantly revalue those assets (as in "close to zero") on their balance sheets.

#6 Renowned investor Jim Sinclair is actually warning that the collapse of securitized mortgage debt could be the "final shot" that will wipe out many financial institutions across the United States. FULL STORY

Is David J. Stern the poster boy for the foreclosure mess?

Meet David J. Stern. He's the high-living Florida lawyer who just might be the poster boy for the foreclosure mess that has currently embroiled Washington and Wall Street. Legal documents examined by The Upshot offer details on how Stern's firm, and other "foreclosure mills" like it, may have helped to unfairly force thousands of struggling Americans from their homes. FULL STORY

FORECLOSUREGATE – JPMORGAN CHASE AND MERS MORTGAGE ELECTRONIC REGISTRATION SYSTEMS

So yesterday, early in the day, the associated press announced LINK – JPMorgan exits electronic mortgage tracking system…

NEW YORK — JPMorgan Chase’s CEO says the bank has stopped using the electronic mortgage tracking system used by major financial institutions.

JPMorgan’s CEO, Jamie Dimon, made the announcement in a conference call Wednesday to discuss the bank’s quarterly earnings.

Shortly thereafter some of the stories started to change throughout the internet…

Then CNBC Diana Olick reports LINK – JP Morgan Chase Drops Electronic Mortgage Clearing House…

It was news to me, and to the AP wires, but a spokesman confirms, JP Morgan Chase no longer uses MERS, the electronic mortgage clearing house, that is at issue now in foreclosure litigation across the country. They dropped MERS in 2008.

So I asked Kelly why they dropped MERS. First he said, “In truth some courts won’t accept MERS for foreclosures.” But then he said it was “a matter of policy.” I’m sure they don’t want to come right out and say, well, we’re not exactly sure MERS is all that legal.

So, now my question to you Mr Kelly… FULL STORY

Mortgage Mess: Could it Bring on Another Crisis?

Oct. 13 (CNBC) -- Assessing whether the foreclosure freeze could bring on another crisis, with CNBC's Diana Olick, David Faber and David Cho, Washington Post.

An Open Letter To Our President, Congress, And The States

"The underlying issue is that many of these so-called "securities" (MBS, CDOs, etc) were issued "light" of the required legal mandates to keep the chain of assignments and actual consent signatures required for enforcement. Many people charge that the reason behind this was simple volume. I disagree.

I believe that a large part of the root cause of these "lost" documents is to cover up blatant and in many cases outrageous fraud. It is difficult to prove that a bank or other lender knew and ignored stated-income fraud (or allegedly "investigated" and "underwrote" a file when it did not) when the original file has been turned into ticker-tape confetti courtesy of the closest paper shredder!

MERS has thus given cover to a tremendous amount of fraudulent conduct - the very conduct that predatory lending statutes, "wet signature" and "chain of title" laws are supposed to prevent.

The real bottom line here is that securitized bondholders may in fact be holding worthless pieces of paper."

We have been treated through the last few weeks to repeated claims that the reported foreclosure problems are "just a technicality."

I believe this claim is not only false, it is knowingly false and maliciously intended to deflect attention from the actual scandal: a multi-year fraudfest that was absolutely essential to inflating the bubble in housing, and without which it would have been flatly impossible to do so.

These acts, in short, are both responsible for the bubble and for the economic crisis we find ourselves in today.

It is time for action, not promises, and you have one month to demonstrate that you mean what you say, disassembling these edifices of fraud, bringing indictments, and in the housing sector, calling a full-stop to all foreclosure and REO resale activity until the provenance of each and every note contained in these securitized deals, including those at Fannie and Freddie, can be proved up. FULL LETTER

CNBC: How Deep Does It Go? (Foreclosuregate)

Discussion about the true issues related to Foreclosuregate – gee, we bloggers were in front of this, but finally, after hammering on the issue for more than a year with MERS, and more than three and a half in total, we are getting some mainstream media coverage.

My only question: What the hell took you so long? Sticking your head in the sand at the direct behest and perhaps orders of your corporate backers – until you couldn’t any more?

Now add to this that it is being reported that JP Morgan/Chase – one of the founders of MERS – has walked away from it. If the legs under that stool get kicked out all of the MBS trusts created using this mess are recognized as being invalid and over $6 trillion dollars of this crap, including a whole lot of Fannie and Freddie paper along with virtually all private-label MBS - all blows up at once.

No, The Fed can’t contain that, and neither can the Government. Not in their wildest dreams can they put a cork in the litigation alone, say much less the rest. FULL STORY

Fight against foreclosures gaining momentum

Michigan, Kansas, Massachusetts cases set precedents

By Diane Bukowski

Michigan Citizen

DETROIT — Over 40 Wayne County homeowners have filed a $10 million class action lawsuit that could invalidate tens of thousands of mortgage foreclosure sales executed while Warren Evans was Sheriff.

“In addition to the technicalities listed in the lawsuit, such as the fact that Evans’ subordinates were not authorized to sign deeds of sale, we are contending that sheriff’s auctions were not even held in many cases,” said Cross. “The sales should be null and void, and the original property owners should still own their homes under the law.”

In January 2009, Sheriff Evans made headlines when he imposed a moratorium on foreclosures in Wayne County. He asserted that the Troubled Asset Relief Program, known as TARP, allowed sheriff’s departments to stop foreclosure sales.

The lawsuit charges fraud, taking without just compensation, and civil conspiracy, among other allegations. Under terms of the Michigan Consumers’ Act, says Nicoletti, property owners may be awarded compensatory damages, including costs of loss of the home’s contents and subsequent vandalism of the homes. The defendants are Evans, the Wayne County Sheriff’s Department, Board of Commissioners, and Wayne County itself. FULL STORY

Muskegon Schools Immersion Program Creating Global Fascist Citizens Of The Future

Two tongues: Immersion program creating students fluent in Spanish and English

Climb the stairs to the second floor of the Steele Middle School and step into the classroom of fourth- and fifth-graders, and you easily could forget you’re in Muskegon.

Puerto Rico, Ecuador or Argentina perhaps, but not Muskegon. FULL STORY

That's the first two sentences of an article in todays Muskegon Chronicle. While the battle rages on in America to bring our country back within the Constitution, while we fight every day to save our Sovereign Rights as a Country, our tax money is being used to steal our children through education.

Will these children who are in this Immersion Program be taught about how great America is? Are they being taught Patriotism to this country? Are they being taught the "American Dream" of entrepreneurship, or are they being prepared to accept "Global Corporate Fascism".

“If our children graduate from college together, and my child is fluent in Spanish and English and yours is only fluent in English, who’s going to have a better chance at getting a job with a multinational company with operations in Central America?” said Cathy Young, whose first-grade son attends the two-way immersion program.

Well, you will have to read the article for yourself and make up your own mind about this. Do you want your children and grand children close to you during your golden years, or do you want them living in another country, away from you? I wonder if these young parents have thought about not seeing their adult children even on Holidays. How about their grandchildren? Have they thought about what it's like not to be there when the grandchild is born, or to be there to watch the grandchild grow up? It's called "Diversity".

Has anyone ever really looked at this word "DIVERSITY"?

ORIGIN Middle English : from Old French diversite, from Latin diversitas, from diversus ‘diverse,’ past participle of divertere ‘turn aside’ (see divert).

divert |diˈvərt; dī-|
verb [ trans. ]
1 cause (someone or something) to change course or turn from one direction to another : a scheme to divert water from the river to irrigate agricultural land.
• [ intrans. ] (of a vehicle or person) change course : an aircraft has diverted and will be with you shortly.
• reallocate (something, esp. money or resources) to a different purpose : more of their advertising budget was diverted into promotions.
2 distract (someone or their attention) from something : public relations policies are sometimes intended to divert attention away from criticism.
• [usu. as adj. ] ( diverting) draw the attention of (someone) away from tedious or serious concerns; entertain or amuse : a diverting book | nursery rhymes can calm and divert all but the most fractious child.

I don't know about you, but I OBJECT to my property tax money going to pay for programs that divert our children from being Americans and turning them into a "GLOBAL FASCIST CITIZEN".

Iranian, Chinese Computers Also Discovered to Have Been Hacking D.C. Internet Voting System

In his stunning public testimony --- before a single member of the D.C. Board of Ethics and Elections (BoEE), and a nearly empty chamber --- Halderman explained how the team had, by the time they discovered their fellow intruders, already gained complete control of the system, it's encryption key and its passwords. The system was developed as part of an Internet Voting pilot program with the Open Source Digital Voting Foundation.

As The BRAD BLOG reported last week, Halderman's team was able to take over the system within 36 hours after it had gone live for testing. After having "found and exploited a vulnerability that gave [them] almost total control of the server software," his team was able to steal the encryption key needed to decode "secret" ballots; overwrite every single ballot cast on the test system; change the votes on those ballots to write-in candidates; discover who had already been voted for and the identities of the voters; install a script that would automatically change all votes cast in the future on the same system; install a backdoor to allow them to come back later; and then leave a "calling card" --- the University of Michigan fight song --- which was programmed to play in the voter's browser 15 seconds after each Internet ballot had been cast. FULL STORY

Markets, currencies, jobs, Fed, foreclosures

October 8, 2010

When A Recession Comes Again, We Are Going To Have A Serious Problem

October 9, 2010
Jim Rogers in CNBC

Every 4 to 6 years in the history of America we`ve had a recession or an economic slowdown. It comes fairly regularly. So by 2012 we are overdue again. Whether it comes in 2011 or in 2013, I don`t know. My only point is, its coming again and when it comes the next time what is the government going to do? We can`t quadruple the debt again, Mr. Bernanke can`t print any more money, there are not enough trees for him to print that much money.

So we are going to have a serious problem.

Latest video interview, Yahoo Finance`s TechTicker.

What Must Be Done To Clean Up Fraud Foreclosure Mess

What Must Be Done – Today

Foreclosuregate is rapidly spiraling out of control, and is going to get worse.

As I have repeatedly said since 2007, this is not about bad paperwork. It is about fatally-defective securities sold to investors for half a decade and the fraud up and down the line that enabled those sales.

In no particular order the biggest (but by no means the only) problems are:

Borrowers overstated income, assets or both. In some cases they did so willingly and knowingly. In others loan officers changed numbers to “ram it through” the computer-operated approval systems, submitting files multiple times while doctoring figures. In the latter case perhaps the borrower knew, perhaps not – many people didn’t read the entire 100+ page stack of paper at closing. That’s dumb but it’s not criminal. Changing the figures or lying, on the other hand, is criminal.

Lenders stuffed paper they either knew was bad or had the ability and legal duty to verify the provenance of but intentionally did not into securities sold to investors. This has been disclosed in FCIC hearings and is no longer speculative, although as I noted in 2007 it had to be the case because it was the only way the deals that were being done could have possibly been done. This was an act of deception and in my opinion (along with many others, including plenty of attorneys) meets the legal definition of fraud.

The land title system in this nation was intentionally subverted and corrupted by both intentional act and intentional laziness, all driven by the motive of profit. Original paperwork was either shipped overseas or intentionally destroyed. In even more cases it was not conveyed as legally required by the trust documents. This has massively-corrupted the chain of title for perhaps as much as one third to one half of all residential housing units in this country and if not corrected will render these homes unmarketable in the future. This is the vastly unappreciated problem with what has been done to date.

There is a template for resolving this sort of problem, and The States can implement it right now. It was used in large part in Florida to resolve the “swampland” mess that arose during the 1920s, and with minor changes we can adapt it to what we face now.

The correct, just, and only way to resolve these problems is to force a clearance of the chain of title, which in turn forces proof of provenance of the indebtedness claimed to be owed by the homeowner. FULL STORY

Grayson's Letter On Foreclosures - And A Way Forward

Love him or hate him, here are two points to keep in mind when it comes to Alan Grayson:

He's an attorney.

He "gets it" when it comes to the root causes of Foreclosuregate. It took him a while (too long, in my opinion, even though I've been hammering his office since he was elected and his staff indicated a willingness to listen), but he finally connected the dots.
A letter he sent out yesterday is linked in full at the bottom of this Ticker. Here are the salient points for you to ponder, from my perspective:

So far, banks are claiming that the many forged documents uncovered by courts and attorneys represent a simple "technical problem" with foreclosure processes. This is not true. What is happening is fraud to cover up fraud.

Yep. As Grayson goes on to cite, The FBI noted an "epidemic" of mortgage fraud earlier in the decade. Nothing was done about it. These lenders were engaged not in making mortgage loans but rather in an elaborate asset-stripping scheme where the key point was to force the homeowner back into the lender's office in a couple of years so they could grab another few thousand dollars in fees.

Repayment didn't factor into their decisions and was immaterial to their thought process. FULL STORY

'This is the biggest fraud in the history of the capital markets'

Ezra Klein: What’s happening here? Why are we suddenly faced with a crisis that wasn’t apparent two weeks ago?

Janet Tavakoli: This is the biggest fraud in the history of the capital markets. And it’s not something that happened last week. It happened when these loans were originated, in some cases years ago. Loans have representations and warranties that have to be met. In the past, you had a certain period of time, 60 to 90 days, where you sort through these loans and, if they’re bad, you kick them back. If the documentation wasn’t correct, you’d kick it back. If you found the incomes of the buyers had been overstated, or the houses had been appraised at twice their worth, you’d kick it back. But that didn’t happen here. And it turned out there were loan files that were missing required documentation. Part of putting the deal together is that the securitization professional, and in this case that’s banks like Goldman Sachs and JP Morgan, has to watch for this stuff. It’s called perfecting the security interest, and it’s not optional. FULL STORY

'Fear is the tool of the thugs in government.'

Why isn't Mike Cox doing his job here in Michigan?

Why hasn't Mike Cox, Michigan Attorney General, called for a halt on all foreclosures in Michigan? As other state attorneys general around the country step up to bat for their respective citizens, one AG has been noticeably missing – for a long time: Attorney General Mike Cox. While citizens of Michigan will remember his boisterous campaign for the Republican gubernatorial nomination, and his shameless sucking up to Tea Party groups, as well as his perpetually leading in the polls – culminating in reality with a third place finish – what citizens of Michigan will really remember about Mike Cox is his complete and utter failure to protect the people of this state from the rampant foreclosure fraud. READ MORE HERE

Bank of America gets Friday deadline to halt foreclosures in N.C.

Attorney General Cooper wants to know why bank stopped proceedings in other states but not N.C.

N.C. Attorney General Roy Cooper is giving Bank of America until Friday to halt foreclosure proceedings in the state amid concerns the Charlotte bank and other lenders haven't properly reviewed documents.

In a letter sent to the bank, Cooper questioned why Bank of America voluntarily suspended foreclosures in 23 states that involve a judicial process but not in its home state. North Carolina requires a "quasi-judicial" process in which clerks of court frequently review affidavits submitted by banks.

"If Bank of America has halted foreclosure proceedings in other states due to flaws in its affidavit process, we do not understand why Bank of America should routinely continue with foreclosures with the same flaws in North Carolina," Cooper's office wrote. FULL STORY

Ticker-Guy on MSNBC’s the Dylan Ratigan Show

Also, Chris Whalen from Institutional Risk Analytics gave a terrifying presentation on the foreclosure crisis yesterday: Chris is an expert on banking risk – and is not to be ignored. He is one of the very few who also had all this figured out a very long time ago. FULL STORY AT FedUpUSA

In foreclosure controversy, problems run deeper than flawed paperwork

By Brady Dennis and Ariana Eunjung Cha
Washington Post Staff Writers
Thursday, October 7, 2010; 12:01 AM

Millions of U.S. mortgages have been shuttled around the global financial system - sold and resold by firms - without the documents that traditionally prove who legally owns the loans.

Now, as many of these loans have fallen into default and banks have sought to seize homes, judges around the country have increasingly ruled that lenders had no right to foreclose, because they lacked clear title.

These fundamental concerns over ownership extend beyond those that surfaced over the past two weeks amid reports of fraudulent loan documents and corporate "robo-signers."

The court decisions, should they continue to spread, could call into doubt the ownership of mortgages throughout the country, raising urgent challenges for both the real estate market and the wider financial system. FULL STORY

4closurefraud.org

Gerald Celente on Goldseekradio 01 oct 2010

“We’re looking at a currency crises,” says Celente, speaking about the Crash of 2010. “In an effort to increase exports, countries are devaluing their currencies.” Celente says the smart money is moving out of paper money and into gold.

BOB SCHULZ RESPONDS TO TIME MAGAZINE

WTP Chairman Bob Schulz is featured in the cover story of the Oct. 11, 2010 issue of TIME magazine titled, ""Locked and Loaded: The Secret World of Extreme Militias." NOTE: The TIME article is volatile and highly misleading. What follows is Bob's response. Please send it to as many people as you can. Thank you.  Dear Editor: I am featured in your cover article, written by Barton Gellman, though I cannot understand why.  You have wholly mischaracterized me and the works of my Foundation, in order to shoehorn me into a piece that may work for TIME, but has no relevance to what Gellman and I discussed. The information I provided to Gellman, through more than six hours of face-to-face interviews, plus e-mails and written documentation, has been twisted and wholly taken out of context, rendering it inaccurate, misleading and libelous. There are so many falsehoods in what was attributed to me that I cannot address them all in this letter. I will take them up with TIME management.  For the record, I have never advocated violence, I do not and have never belonged to any militia, nor do I communicate with militias or influence militias in any way that I am aware of.  However, I do fully support the Constitution's guarantee of well-regulated militias in every State. To quote the mandate of the second Amendment, "A well regulated Militia, being necessary to the security of a free State, the Right of the People to keep and bear arms shall not be infringed." Therefore, the absence of well-regulated Militias in every State is repugnant to the constitution.  This article serves neither the truth nor the People of this nation. While it wastes thousands of words regurgitating the intricate details of militia activities, their confrontations with government officials, and a handful of blatantly criminal acts, the article fails to address the fundamental "secret" re-invigorating the Patriot consciousness of Americans across the land.  The "secret" that the mainstream media appears to have an extreme aversion against putting forward or openly discussing, is that over many administrations, with the support of both Parties, the federal government has all but abandoned our Constitution. (Continued...)

Getting to know Rick Snyder

Here is an honest, up front interview that will give you a look at what type of Governor Rick Snyder will be and if he is ready to take of on day one. 

My opinion is that Michigan needs a Governor who has the experience to know what to do, and get the job done. I think that Rick Snyder has that experience. 

Michigan Capitol Confidential - Snyder Interview, Part 1

Michigan Capitol Confidential - Snyder Interview, Part 2

Congress looks at laws that criminalize non-criminal behavior

It's about time someone called a halt to this insanity. Federal prosecutors don't care who's life they ruin and it seems neither do the politicians who pass these laws.

By Lesley Clark | McClatchy Newspapers

WASHINGTON — Abner Schoenwetter, a Miami seafood importer, spent six years in prison, paid tens of thousands of dollars in fines and legal fees and is at risk of losing his home.

His crime? Agreeing to purchase lobster tails that federal prosecutors said violated harvest regulations — in Honduras.

Now Schoenwetter, 64, is a convicted felon with an ailing wife, no job or right to vote and three years of supervised release ahead of him. But he's also a star witness for congressional efforts aimed at stemming what a growing number of legal experts and lawmakers consider "overcriminalization" — the federal government's penchant for writing new laws to criminalize conduct that could be addressed with fines or other remedies.

"We must put an end to the notion that we need to prosecute every individual for every perceived offense," said Rep. Bobby Scott, a Virginia Democrat who chairs a House Judiciary subcommittee that last week held its second hearing on overcriminalization. "We continue to lock up people for offenses that should not even require incarceration." FULL STORY

IMF warns against currency war

(Reuters) - The head of the IMF warned that a growing drive by nations to cap the strength of their currencies risked derailing economic recovery while the dollar dropped further on Wednesday.

Concerns that the Federal Reserve is about to embark on another round of policy easing that could weaken the dollar, tallied with China's polite refusal to let its yuan rise fast, has pushed currencies to the top of the agenda at Friday's meeting of finance chiefs from the Group of Seven nations.

Few hold out much hope of any meaningful agreement at the G7 or the International Monetary Fund meeting that follows.

"It's doing nothing for the American economy, but it's causing chaos over the rest of the world. It's a very strange policy that they are pursuing," Nobel economics laureate Joseph Stiglitz said of U.S. policy.

The dollar extended its losses on Wednesday, falling to an 8-1/2 month low against a basket of currencies and edging toward a 15-year trough versus the yen. FULL STORY

Fraud Factories: Rep. Alan Grayson Explains the Foreclosure Fraud Crisis

My question is: Where has Mike Cox, Attorney General for the State of Michigan been during all the FRAUD foreclosures taking place in our state? I know that complaints have been filed with his office. Was Mike Cox just to busy campaigning for Governor? What about now?

Where are the Judges in Michigan? Other Judges around the country have been putting a stop to this FRAUD upon their courts. Does Michigan need "JUDICIAL ACCOUNTABILITY?"

I know, everyone is asking, "is this an issue because Rose's home is in foreclosure?" NO. My home isn't much, but it is paid for. But FRAUD is against the LAW. We elect people to investigate and enforce the LAW. So what are they doing about this?

Here in Michigan foreclosure cases do not go in front of a jury. Is this why Justice Bob Young told us that Jury Nullification is "CIVIL DISOBEDIENCE?" Is the PRIORITY of our judges to protect the CORPORATE INTERESTS OF THE STATE?

This is Rep. Alan Grayson explaining the crisis of foreclosure fraud and how it links to the entire securitization chain of Wall Street.

Should the US sell GM to China?

by Dan Murphy
September 22, 2010 06:58 AM EDT

After spending billions of dollars to bail out General Motors Co. last year, the US government is eager to unload its 61% stake of the now profitable automaker. That unloading could happen as soon as November, when GM’s anticipated IPO is launched to the general public.

One company showing increased interest in the pending IPO is GM business partner, and Chinese company, SAIC Motor Corp. According to the Wall Street Journal, SAIC has been central to GM’s success in China and is expected to continue to play a major role in future success. In fact, GM’s sales in China rose 19% for the past year, ending in August. That’s contrary to a struggling US and European market.

The sticky issue is the potential political backlash caused by selling an American icon, which was rescued from failure by the American taxpayers, to a non-American company. When the general public is allowed to purchase stock, buying is not limited to domestic investors. Anyone from foreign companies to sovereign wealth funds can purchase shares. FULL STORY

Justice Young: “You’re DONE!”

This column picks up where yesterday’s leaves off: with Michigan Supreme Court Justice Robert P. Young, Jr., at a Q&A session of the Muskegon Tea Party meeting, September 28, 2010.

At any rate, Justice Young in an article published in the Texas Review of Law and Politics (Tex. Rev. Law & Pol. 299, Spring, 2004. 299-) had much to say about our common law. I want to make sure I haven’t taken things out of context, so please read it for yourself, here. Here’s how he sets up his argument: FULL STORY

STATE JURISPRUDENCE, THE ROLE OF THE COURTS, AND THE RULE OF LAW:
THE FEDERALIST

SOCIETY: PANEL II: A Judicial Traditionalist Confronts the Common Law

NAME: Robert P. Young, Jr.*

Shocking: How Your Political System Works

It is important that individuals like Mr. Jimmy Williams discuss their lobbying experiences on news outlets, and we commend him for his efforts. But the only real solution to these problems are the ones that will leave Mr. Williams and those in similar lines of work unemployed. FULL STORY

Visit msnbc.com for breaking news, world news, and news about the economy

Senate Expands IRS Form 1099 Reporting Requirement to Include All Rental Property Owners

More than 10 million Americans are in for a rude awakening in January.

Tuesday, September 28, 2010
By Chris Neefus

(CNSNews.com) – Millions of Americans who own rental property are in for a bit of a rude awakening, beginning in January.

Congress has presented a bill to President Obama that would expand the IRS Form 1099 reporting requirements set out in the health-care reform law to include private citizens who own rental property.

The Patient Protection and Affordable Care Act, President Obama’s health care law, requires that small businesses file a Form 1099-MISC with the IRS for any goods they purchase from an outside vendor valued at over $600.

But the new bill, the Small Business Jobs and Credit Act (H.R. 5297), extends the mandate to private individuals who own property from which they receive rental income. Those people would also now have to fill out paperwork reporting any expenditure they make on that property valued over $600 for the year.

Section 2101 of the bill accomplishes this by considering anyone receiving rental income as “engaged in a trade or business.”

The provision is a revenue-raising measure designed to offset other small business tax incentives and the Small Business Lending Fund Program created in the bill. It is expected to create about $2.5 billion in revenue, according to the Joint Committee on Taxation, the nonpartisan body that determines the budget effects of bills that Congress produces. FULL STORY

"INSIDE JOB"

Widespread Foreclosure Fraud; Forged Signatures

In Georgia, an employee of a document processing company, Linda Green, for years claimed to be executives of Bank of America, Wells Fargo, U.S. Bank and dozens of other lenders while signing off on tens of thousands of foreclosure affidavits. In many cases, her signature appeared to be forged by different employees.

Green worked for a foreclosure document company owned by Lender Processing Services. The company is being investigated by a U.S. attorney in Florida for allegedly using improper documentation to speed foreclosures. FULL STORY