Foreclosure Fraud: How to not be a victim

Posted by on Jul 22, 2010 in Blog | 223 comments

Homeowners are continuing victims of this foreclosure fraud and their consequences and penalties continue, but the chief players in the fraud walk away from the game with a petty fine and huge profits and bonuses.  Suffice it to say, the rules really are different when you commit high level, mind-boggling crimes.

Next, consider the impact that senior judges, making $350/day are going to have on foreclosure cases.  These judges will be executing billions of dollars in judgments yet I fear they lack the resources and staff to properly supervise the files they are asked to plow through. I am deeply troubled by the feeling that our judicial branch is bowing to pressures from the legislative branch and I’m concerned by my perception that many of our elected judges feel like they have a duty to plow through these foreclosure cases…rather than examine the cases from a proper Court of Equity perspective.

The influence and interference of the Legislative branch with the judicial branch is a breach of basic Constitutional law. Law, justice, equity, fairness, equality, evidence have become merely words and have no outcome or relevancy  in the Courts. Like the old adage, “money talks”, with billions at stake, the banks and financial institutions will have the final say in the legal system. It is no longer “innocent until proven guilty” it has become of matter of “guilty until proven broke”. We were victims of predatory lenders, now we become the Defendants, when in a truly just society it should be the other way around.

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