UNMASKING FANNIE MAE: It Appears Fannie’s Role in Foreclosures May Be Linked to Obamacare Funding Scheme

By Sydney Sullivan

In May 2017, US Secretary of Treasury, Steve Mnuchin, confirmed GSE Sweeps May Have Funded ObamacareThe meaning of this significant confirmation went virtually unnoticed by homeowners, their attorneys, and lawmakers for several reasons. The top of the list is the mainstream media suppression.

No matter what side of the political aisle you stand on, if you are a homeowner in or facing foreclosure – or if you lost your home since 2008, or are an investor in the Government Sponsored Enterprises (GSE), Fannie and the Treasury Continue reading

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Fannie and Freddie have not ‘repaid’ taxpayers one thin dime.

Bailed Out Fannie and Freddie Are Repaying Taxpayers? Answer:  FALSE

freddie_fannieIn a recent Committee on Financial Services report the truth comes out about government sponsored Fannie and Freddie that foreclosure defense experts and “MERS Blur” researchers realized long ago… There is no way Fannie and Freddie can ever repay the bailout debt; and, they were at the helm of the mortgage Ponzi-like scam to the detriment of the American public.

Washington, Nov 7 – Direct from the Committee’s website: Continue reading

Welcome to Freddie and Fannie’s Mortgage Shell Game

By Shawn Timothy Newman, J.D.
Adjunct Professor
Saint Martin’s University

Wheres-the-NoteIn common parlance, a mortgage (or Deed of Trust) includes the underlying loan (promissory note) and the security on that loan (mortgage or Deed of Trust). This ignores the fact that the note and mortgage (or DOT) are two separate contracts governed by some different laws and legal principals.

As noted in Powell on Real Property, sec. 37.27 [2] (Michael Allan Wolf ed., LexisNexis Matthew Bender 2010)  Continue reading

Death, Depression, Desperation and Despair; the homelessness of foreclosure is an atrocity of untold magnitude

In an effort to appear hunky-dory for the APEC Summit embarking on its shores in November 2011, Honolulu city council wanted to pass legislation to be able to “dispose” of the belongings of street people, many of which are families that have been displaced by foreclosure – a growing number that has been largely ignored by state and federal governments. Continue reading