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Housing Crisis

Mortgage Fraud Kingpin

Mortgage Fraud Kingpin Fails To Report To Federal Prison

Judge Issues Arrest Warrant For Mortgage Fraud Kingpin   Ronnie Duke, the habitual criminal who rose to become the kingpin of a multi-million dollar mortgage fraud operation has failed to report to federal prison in West Virginia. Duke was convicted and sentenced in April to 13 years in prison for using a scheme that used fake […]

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Michgan GOP

Is The Michigan GOP Using Mortgage Banking Theories Created On Fantasy Island?

Michigan GOP Sponsored Foreclosure Bills Would Cost Banks Money & Would Not Speed Up Foreclosures As I wrote about last week, the Michigan GOP dominated Michigan Legislature is using legislation written by the Michigan Bankers Association and lobbyists representing foreclosure mill operator David Trott to shorten Michigan’s post Sheriff’s Sale redemption period from six months

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Is The Michigan GOP Using Mortgage Banking Theories Created On Fantasy Island? Read Post »

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Make A Michigan Senator Your Boy Toy For $16,000

Booher And Richardville Play Boy Toy To Lobbyists By Introducing Bill To Gut Homeowners’ Rights After Pocketing A Combined $137,000 Michigan Senate Majority Leader Randy Richardville and Freshman Senator Darwin Booher played boy toy to banking lobbyists. The two senators introduced Senate Bill 383 on Wednesday. The bill would reduce Michigan’s post-foreclosure redemption period from

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Reagan Appointed Federal Judge Upholds MERS Tax Dodging Scheme In Michigan

Reagan Appointed Federal Judge Upholds MERS Tax Dodging Scheme In Michigan On Friday, Judge Robert Holmes Bell dismissed Ingham County Register of Deeds Curtis Hertel’s lawsuit seeking unpaid Michigan Real Estate Transfer Taxes on property being transferred in and out of Fannie Mae, Freddie Mac with the use of the MERS database system. Holmes ruled

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See I Told You The Mortgage Settlement Was Horse Pucky

Mortgage Settlement Is Garbage Last year, when the 49-state AG mortgage agreement with the banks was signed, corporate media praised it, Obama almost broke out his happy feet and mortgage activists celebrated with tears of joy as if it was their favorite contestant won American Idol. But buried deep below all the hoopla from the

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