It is always good when spotlights can be pointed at foreclosures, especially
NULL foreclosures here in Louisiana –which means that thousands of homeless people have NEVER lawfully lost ownership of their properties! Wells Fargo is notorious for its egregious crimes here! A start could happen with this lawsuit:
State District Court Clerk sued 17 banks and mortgage companies http://theadvocate.com/news/2600141-123/ebr-court-clerk-sues AND HERE>>
http://economywatch.msnbc.msn.com/_news/2012/04/19/11269115-inside-the-foreclosure-factory-theyre-working-overtime But Louisiana’s scourge is the
LAWYERS who deliberately utilize court systems to filed fabricated /fatally-flawed foreclosure proceedings in Civil Courts and
in Bankruptcy Courts!
LAWYERS, NOT LENDERS are REQUIRED to know the law! Thousands of property deeds recorded after “simulated” auctions carried out by means of sham foreclosure auctions via “CREDIT BIDS” that are not valid! Due to the fact that LENDERS named in those foreclosures do NOT have “STANDING,” and some lenders are DEFUNCT,
clearly the foreclosure auction is not lawful –it is null! Thus, people who buy those homes have property title problems of mammoth proportions! More $$$$$$ to be made for lawyers to litigate!
Furthermore, an excellent expose’ about the purported computer crash that caused the loss and scrambling of mortgage and real estate records for New Orleans and surrounding area, provides information that can connect some dots about activities involving those “17 bank and mortgage companies.” See, “The Big Crash” @ http://nola.humidbeings.com/posts/detail/181180/Our-Own-Worst-Enemy
Not only have Clerks of Court in Louisiana have “Cause of Action,” so does ALL Cities in Louisiana because of being deprived of City Revenue; they have been wronged by NEEDLESS blight, unpaid property taxes, etc., particularly after people moved out under beliefs that foreclosures were legally executed. There is a big, big picture to yet be revealed about the DECADES OF FORECLOSURE RACKETEERING. More of racketeering activities would become unraveled if Banks and Lenders began suing “Foreclosure Mill” firms for not providing the legal services for which they were paid –but instead working both angles. *more info foreclosure fraud @ http://www.change.org/petitions/request-for-congressional-foreclosure-panel-to-examine-foreclosure-lawyers
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