Posted on 01/09/2012 1:57:35 PM PST by Chunga85
This Court Order was signed on January 5, 2012 by the Honorable John McConnell Jr., United States District Judge.
The following interpretation and commentary is mine and mine alone. I have no desire to mischaracterize the Order so PLEASE read it carefully and draw your own conclusions.
Justice is Blind. Justice should not be Blinded.
For too long has a dark cloud covered us. For too long the many have lived in the shadows of the few. For too long a fear has been in us that is palpable. The fear being that Justice has been Blinded by the Few at the expense of the many.
It is not healthy for us as a Nation and it is not healthy for us as individuals. It is no longer a conspiracy theory, or even a coincidence theory, that the "Powers That Be" have ruled over us with an unrelenting Iron Fist.
The bankers, their minions, and those responsible for keeping them in check are in league with each other.
They have formed an unholy alliance.
What I read in the Order is that this may be a "Turning". This Court may indeed by Blind; while refusing to be Blinded. What I read is the unholy alliance has serious problems.
Particulary noteworthy to this reader can be found on page 3, paragraph "e":
“Order the appearance of any persons necessary to settle any claims…”.
Does this mean filing Motions for Protective Order are prohibited by the Court?
It sounds like it to me. After all, what do they have to hide?
The Unholy Alliance has some serious issues to address lest they suffer the lash of a Trial by Jury.
(Excerpt) Read more at foreclosurehamlet.org ...
Specifically, if the title company is not satisfied that there is a good release on the old mortgage, won't it refuse to insure a new mortgage?
Same applies if paid in cash – still need title insurance with homeowner as named insured. No?
If they won’t that means bad title and no standing. Title companies are in bad shape already.
The last thing they need is carrying even more bad paper.
These and many other issues will need to be considered...carefully...in the smoky haze of the Unholy Alliance back room.
Are we on the precipice of Great Change?
I hope so; a Special Master may have appeared. One that the Unholy Alliance will have to answer to.
If you read the Judge's Order a couple of things stand out.
"Order the appearance of any persons necessary to settle any claims…".
"Order the appearance of any persons necessary to settle any claims completely and or order the appearance of any non-parties, including but not limited to municipal and other government officials and lien holders, that may be essential for a total resolution of the claims;".
Ok...so if this were simply a matter of failing to dot "i's" and cross "t's" will these alleged lenders be allowed to file Motions for Protective Order like they ALWAYS do?
Doing so makes it look like they trying to hide something.
I think what they are hiding is the fact that third parties via CDS have made them whole (mainly bailout bed-mate AIG); something they CAN legally do not more than once twice, not less than once never, but once. That, my friends, IS what they are hiding and how they have been unjustly enriched.
It has happened to you - whether in default or not. Your grand-children will be paying it back...and no; they won't be bailed out or receive a bonus.
The rubber will meet the road when the time comes to insure the title.
The Unholy Pig Men Alliance has some serious issues to address lest they suffer the lash of a Trial by Jury.
If a settlement takes place mustn't the mortgage must be released at closing by the current mortgage owner (who’s that?) before a new mortgage with title insurance is issued??
Specifically, if the title company is not satisfied that there is a good release on the old mortgage, won't it refuse to insure a new mortgage?
Same applies if paid in cash – still need title insurance with homeowner as named insured. No?
No title insurance means no standing means no foreclosure.
(Obligatory spam warning: Link goes to Foreclosure Hamlet. Advertising is not permitted. If you hate blogs do not click.)
Court Order embedded at link.
WELCOME BACK!
I like it ...
The lawyers in every instance know beyond a shadow of a doubt that they are filing false paper and stealing homes for a party that has no monetary interest in the property/note ... That’s why we have the Nevada Supremem Court case regarding failure to certify documents ... Lawyers in Floida routinely fail to comply with rule 1.110(b) which requires the same ...
SEND THEM TO JAIL ... or just disbarr the lot of them and leave them hanging with $200k in student loans to pay and no job.
Isn’t following the law a conservative principle?
Of course it is ,,, around here stating that can bring on an attack from the useful idiots.
Regardless, I hope the new year finds everyone well.
It is my understanding that efforts to "settle" the cases referenced in the Judge's Order are coming at a brisk pace.
I wonder why.
It is tragic that this problem is so obscure that not 1% of the population has a clue what is really at stake. The real issue is not the forclosure, which is tragic, and not about the forged documents, which is fraud. The real issue is the inability to effectively transfer clear title to the property because the proper paperwork was not filed. How do you repair that after the fact?
And the issue of double payment to the property owner (if anyone can actually identify the owner) Bank, investment company, investor.
What a mess.
Yup. It sure is. It isn't received well here at all, so it's hardly worth the bother.
Clever pictures of Spam cans, etc.
It is not received well because most cannot understand what this is about. “Serious Fraud” (not simply forged notary signatures)
Few here sympathize with those who lost a home to foreclosure, but if they have a title issue due to this mess, they will sing a totally different song.
Here’s a new development ... Citi hedgie that shorted RMBS’s as Obama’s chief of staff .. http://www.freerepublic.com/focus/f-news/2830851/posts
Can’t wait for the GSEs to come calling as they hold all the fake paper now.
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The GSE’s don’t hold the bad paper ,,, it was never held by the entities that sold/transferred it to the GSE’s ... The GSE’s have ,, AT BEST ,, unsecured collection rights... That is why the GSE’s are working to reverse as many of the sales as they can.
Well you just solved the case and the Court will now issue its decision based on what you just stated...I understand that GSEs could never lien against the homeowner after the GSEs bought up all the bad paper (at par) with taxpayer’s money to save the banksters, because the ‘note’ never followed along with the paperwork.
The problem is, one house mortgage and (example) 30 supposed lien holders, all wanting money that doesn’t exist because: 1. Evaporated during the RE correction 2. Over leverage with too many bad bets placed 3. Fraud or abuse in paperwork. Biggest losses will be the burden of banks to the tune of bankruptcy for all major banks. That is simple math unless you own the Bank of Congress.
They are trying to delay and find some way out of it but the banking system is broke in more ways than one.
Court want all ‘concerned’ to approach the bench or at least the special Master, GSEs should be one of many in line to protect imaginary lien rights (to bad they used taxpayer monies).
For Immediate Release FROM Senator Bethany Moura [R-RI] Jan. 10, 2012
Freshman RI Senator levels serious allegations at Fannie Mae & Freddie Mac - Jan. 10, 2012
Moura states, “Watching them beat families into submission, to eventually surrender their homes is something you have to see to believe. They rip families and communities apart, destroy property values, and leave in their wake a sea of emotional wreckage that cannot be measured. It is unbelievably cruel and despicable.”
This first-term Senator is so confident in her suspicions, she’s challenging the top executives of Fannie Mae and Freddie Mac to appear in Rhode Island in a public forum to defend her allegations – head on and face-to-face. Her message to them is simple. “Bring your attorneys and your staff, and I’ll have my notes, files and homeowners from Westerly to Woonsocket. Since you believe you are entitled to their money, I believe they are entitled to your answers”, declares Moura. “In this arena, I am a force to be reckoned with. Whether this fight takes a day or a decade, I will not retreat. They can bank on it (pun intended).”
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