FDIC – Hide & Sneak …and Seal

The Federal Deposit Insurance Corporation (FDIC) chairman serves at the pleasure of the President of the United States. During the financial crisis of 2008, Sheila Bair was chairman of the FDIC and was a member of a very small club: competent crisis-era financial regulators. Bair was one of the primary policymakers in Washington, DC during the 2007–2009 financial force majeure.

It was during that time many banks and pretender lenders failed, including IndyMac Bank, FSB and Washington Mutual aka “WaMu”. Deals were contrived between banks by the FDIC as it stepped in as receiver to peel off assets making Master Purchasing Agreements between parties.

In some cases, like IndyMac and WaMu, these deals were struck before a bank could seek reorganization under bankruptcy protection. These “deals” included sealing documents that it appears pertain to sale agreements and the operations of the banks that probably should have led to a Securities and Exchange Commission investigation – rather than covering up the potential for fraud under court seal of, as it appears, the “Unassigned Records” as in the case of IndyMac.

Computerized Robo-Signing: Is Green Tree Servicing Taking Robo-Fraud to a Whole New Level?

Never let it be said that where there is big money invested, there won’t be crooks in the kitchen.  It doesn’t matter how big you are there’s always a short cut that can that can potentially create more wealth – if you don’t get caught.

An investigator in the northwest uncovered just such a scam – so big that authorities claim it needs multi-state attention. It appears Green Tree Servicing has been flying under the radar and was hardly noticed until a recordation research team began uncovering similarly signed documents – yup, the old robo-signed Assignment of Mortgage trickery again… but this time new and improved via computer, maybe for speed and precision, ya think?

It appears the signatures are in the computer – no dummies needed to sign – just fill in the

Judging De Minimis: Does the Judge in Your Foreclosure Case Own Stock in the Bank Foreclosing on You?

What would you do if you found out that the judge presiding over your foreclosure owned stock in the bank foreclosing on you?  

[The poll at the bottom of the post is still open to vote.]

Michael J. Fuchs has been living through a Hawaii court process that turned into a reality show nightmare.  The Judge in his case owns a lot of stock in the foreclosing bank! And that’s not all…

HBO‘s former CEO and Chairman of the Board, Michael J. Fuchs, invested over $100 million (dollars) in a Big Island Hawaii development that sank like the Titanic with the economy in 2007.  The Hawaii scales of justice have not been tipped in Mr. Fuchs’ favor –  apparently they haven’t even been balanced.

Hawaii attorney Gary Dubin, discovered a seriously conflicted situation with more than an appearance of impropriety and asked that the Judge, Honorable Bert I. Ayabe, recuse

Investors One Corp. to Bank of America – Psychotic Behavior – An Intentional Pattern of Abuse:

“Psychosis is a clinical condition in which the affected person loses contact with reality altering key functions for the human being as the thoughts, feelings, perceptions and behavior.”

In Atlanta, a Dekalb County sheriff evicted a four-generation family, which had been occupying its home, in a 3 a.m. raid earlier this week.