AMERICAN HOMEOWNERS: CALL FOR A MORATORIUM ON ALL FORECLOSURES IN 2019!

It’s no surprise that states with the highest number of foreclosures and evictions have overwhelming homeless problems – why can’t politicians figure this out?! Click HERE and sign this petition for a MORATORIUM on foreclosures and STOP the banks from using our properties to prop up their institutions.
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Hawaii Legislature and Consumer Protection Dept. Recognize Mortgage Fraud – But Defer Action This Year

By Sydney Sullivan

Homeowners in Hawaii are still victims of the mortgage fraud that originated at the turn of the century. Hawaii led the CHARGE changing some of the foreclosure statutes that were relatively unjust toward homeowners and in conflict with due process issues.

Even with those changes the foreclosure process, fraud on the courts, fraudulently concealed parties, forged documents, and troubling securitization/rehypothecation process still plague state records and the courts. Hawaii State Senator Mike Gabbard championed a Resolution “Requesting the Director of Commerce and Consumer Affairs to convene a MORTGAGE foreclosure fraud task force to develop recommendations to improve mortgage fraud protections for consumers.” Interest by many gave an opportunity for testimony and gained a hearing last Monday. SRC 181. Continue reading

The Rise and Fall of Securitized Trusts: Eleven Future Strategies To Dismantle Them in Their Retreat

Your Host: Attorney Gary Victor Dubin
with
Co-Host:  Former Hawaii Governor John D. Waihee 

At first, securitized trusts received obedient kowtowing from the American Judiciary, unwittingly deceived by, if nothing else, their long impressive titles including in their names the names of otherwise past respected financial institutions supposedly acting as their trustees.

And when securitized trusts, starting with the mortgage crisis of 2008, began their unending wave of foreclosures, they did so exclusively as mortgagees, since state foreclosure laws have always been written to exclusively authorize foreclosures on traditional mortgages only and not in favor of the holders of promissory notes. Continue reading

American Nightmare – The Plight of GSE Investors and American Homeowners

By Sydney Sullivan

This will be one of several posts on the future of Fannie Mae and Freddie Mac. Your thoughts and your owns stories are welcome in the comments section.

Nearly a decade ago, in September 2008, US Treasury Chief Hank Paulson unveiled his historic government takeover of twin mortgage buyers, putting the government in charge of the mortgage giants and the $5 trillion in home loans they back. The plan eliminated the top executives which were out and replaced with Wall Street titans.

The House Oversight and Government Reform Committee held a hearing on the financial collapse of Fannie Mae and Freddie Mac, their takeover by the federal government and their role in the financial crisis. The video below is a 4 hour review of a planned response to the crisis in the housing and mortgage markets at the time of the economic meltdown and crash of 2008.

The titans that replaced Freddie CEO Richard Syron and Fannie CEO Daniel Mudd  were two Wall Street finance veterans and were charged with restoring the mortgage magnates to health. Herb Allison formerly served as president of Merrill Lynch was Continue reading

The Habitat for Humanity Scam – Disguised as a charity.

This ought to infuriate just about everyone… How much have we all in construction DONATED to Habitat for Humanity?! Well, let me shed some light on costs to build affordable housing, especially when there is so much labor donated. Separate the materials from the labor and materials will run about $36 -$42 psf on the high side. Full on licensed labor is usually less than $65 psf. Even if nothing is donated an entire affordable home would cost less than $100 psf. The larger the floor plan the less per square foot – it decreases.

What I found astounding, but not surprising is that Habitat for Humanity is in bed with Fannie Mae, of course… never miss a nickel or a chance to land grab, huh?

Community Organizations Through partnerships at the community level, Fannie Mae is able to meet the needs of families in a far more direct and impactful way. We work with established organizations in communities across the country to prevent foreclosure, revitalize neighborhoods, address homelessness, and much more. For example, in 2011 we partnered with HomeFree-USA, local community and elected officials, and area mortgage servicers to open a Mortgage Help Center in Prince George’s County, MD, to help struggling homeowners in the Washington, DC area. (Read more about Fannie Mae Mortgage Help Centers on page 19 of this report.) Also, as a result of our long-standing partnership with Habitat for Humanity, Fannie Mae employee volunteers built and refurbished homes and properties in particularly hard-hit communities. See A Report on Fannie Mae’s Mission Activities

These guys would securitize their mothers! How horrendous is it to target the poor and then overcharge them for their fictitiously free home – and then have the kahunas to foreclose on these folks?!  Look in your land records office – these crooks even did 80/20 loans – and for someone who cannot afford a home any other way – that sure stinks like intent to tilt the homeowners right on into foreclosure.

Every state in the nation ought to sue the Habitat for Humanity organization, audit their books, follow the money and throw them out of the state! Deceptive advertising is the least of this – targeting the poor for the profits of securitization is morally corrupt;  nah, worse than that – morally and mentally bankrupt.

freedomsandtruth

Donation_Scam

It’s been a awhile since i posted anything, mainly because I was busy and as real life has a habit of doing, forces you to deal with it.  While I was dealing with life, I had spoken with a neighbor who asked that I sit in with a group of neighbors on the street to hear their story.   The people involved are homeowners who received their homes via Habitat for Humanity.

I’ve always thought of Habitat for Humanity as a good charity who helps people get a home, that they otherwise wouldn’t get.  And that was as a far I as I saw it.   I never went through the process they have, and didn’t dig much into how they operate. I assumed like most that this charity was good and my thoughts never went past that.

So I went and sat with the ten families on my street who…

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Paul Krugman Propaganda Fully Exposed and Debunked

Paul KlugmanThe New York Times posted a Paul Krugman article “Sanders Over the Edge” criticizing Bernie Sanders that is obviously politically (and Wall Street) driven propaganda. What Krugman and the majority of politicians fail to realize is that the Wall Street banks created a new “non-traditional’ mortgage “securitization” that has directly affected over 180 MILLION Americans and indirectly affected 180 million more folks across the United States of America.

With that said the biggest failure that Krugman and his pals overlook is that American homeowners are wising up and researching exactly what has happened to their properties and precisely who was behind the scheme. Continue reading

In Defense of “Free Houses” – Yale Law Journal

House-free (1)The authors of In Defense of “Free Houses” – Yale Law students Megan Wachspress, Jessie Agatstein and Christian Mott have taken a surface view of an extremely deep and dark lake of fraud, criminal behavior and intent.

Understanding the depth of the mortgage securities related corruption would need several scuba dives to get behind the 1990’s intentionally orchestrated criminal behavior. Researchers like Ken Continue reading

2016 Five Star Housing Government Forum – Homeowners Uninvited?

By Deby Morrow and Sydney Sullivan

2016 Five Star forum2016 Five Star Institute’s “Housing Government” Forum in Washington, DC Without a Single “Housing” Representative (i.e., a homeowner) in Attendance. Whoa, Congress – right under your nose!

The forum is a daylong event where leaders in both servicing and federal government come together to engage in honest and open dialogue about the industry’s most pressing issues and challenges affecting both your business and the entire housing economy… Without a single homeowner representative on the Agenda. Continue reading

REHYPOTHECATION IS YOUR WEAPON TO ESTABLISH THERE WAS NEVER A MORTGAGE LOAN – THESE WERE ALWAYS SECURITIES!

By Sydney Sullivan

2448936411_Wall_Street_answer_1_xlargeIn a world where the American Dream and Wall Street greed collide, when your life and home are no longer your own, we must look beyond the facade of the documents and dig deeper into the public archives to seek the truth of the concealed path that is destroying our nation built on the rule of law, the slavery of the collateral consisting of people and land records so that a few may prosper while millions of others face peril. It may seem like an impossible battle – until NOW! There is one thing that they didn’t count on – knowledge and truth that will awake your hero and cause the fatal change in their course.

Rehypothecation is your sword – know it well! Continue reading

The Moral Decay and Degradation to the American Society Stemming From the Foreclosure Judiciary

Judicial ActivismIt’s just an observation, but it certainly appears that foreclosure judges have been given orders to squash homeowners like a bug at the lower court level and if they can afford to appeal – maybe, just maybe, they might get some fair and balanced justice. The process so far has been highly unbalanced. Whether foreclosure judges are just not competent enough to understand the securitization, rehypothecation and securities scheme, or whether they’ve been told by higher-ups that if they don’t rule against homeowners all their pensions will be lost or the economy will crash – it’s just a bizarre and pathetic state of mind. Continue reading