Most big banks, including B of A, are trying to avoid the real issue: years of bank fraud, on most every loan, with fraudulent foreclosures and fraudulent collection of loans that have already been paid by AIG or other insurance companies.  The estimates are over 90% of loans contain fraud, and the fact is: all 50 Attorney Generals and the US Government, under Fair Housing Finance Agency, are sueing the top banks.  This fact should be a wake up call to ALL homeowners who want to check for fraud in the securitization of their own promissory notes, and further...into getting their homes free and clear.  This is a great alternative to being forced out of their homes with a foreclosure or short sale, when they would prefer to stay in their homes, and bank fraud is their ticket.  It's a financial windfall for about 9 out of 10 families who pursue this option.

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Tags: Bank, Fraud, Quiet, Securitization, Title

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Comment by Joseph C. Alfe on January 17, 2012 at 11:20pm

The real fraud occurred when the banks packaged B&C paper with A paper bundles and sold it to Wall Street.

Comment by Joseph C. Alfe on January 17, 2012 at 11:19pm

your numbers are dead wrong. real bank fraud?  less than 1%.  This is why any good foreclosure defense attorney will tell you the chances of you litigating and successfully quashing a foreclosure permanently and getting ownership of the property is slim to none.  These attorneys can string out a foreclosure with procedural delays but actually win a case of fraud?  Not really.

Comment by Victoria Frieberg on January 17, 2012 at 12:33pm

ok, I'll bite.. how would a flat broker homeowner pursue this?

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