Attorney General Richard Blumenthal today asked the state Judicial Department to freeze all home foreclosures for 60 days because of defective document filings and institute measures to assure the integrity of future filings.
Blumenthal made the request after a second bank, JP Morgan Chase, acknowledged filing defective foreclosure documents. Like GMAC/Ally, JP Morgan admitted that so-called “robo-signers” signed affidavits without verifying the information in them. The GMAC robo-signer said under oath that he signed 8,000 to 10,000 foreclosure affidavits a month while a robo-signer for JP Morgan testified to spending less than two minutes on each affidavit.
Blumenthal is investigating GMAC/Ally and JP Morgan, as well as whether other banks may have engaged in similar practices.
Submitting defective documents is a possible fraud upon the court, potentially undermining foreclosures and underlying mortgages.
“This freeze should stop a foreclosure steamroller based on defective documents and enable effective remedies,” Blumenthal said. “The actions of GMAC/Ally and JP Morgan are inexcusable, a possible fraud on the court undermining the integrity of the legal process and consumers’ ability to fight foreclosures. Banks that lured consumers into loans they couldn’t afford now seek to stampede them into foreclosure. We must stop this runaway foreclosure train, restoring proper procedure and property owner rights.
“The Judicial Department should take additional measures — including requiring signers to state the basis for verifying information in affidavits — to restore the integrity of foreclosure documents. This appalling practice must be stopped before it poisons the legal system and unfairly evicts families from their homes.”
Similar Posts:
- Ct Atty Gen Investigating GMAC/Ally Defective Foreclosure Documents, Demands Halt To Foreclosures
- GMAC Stops Evictions In Connecticut, Mass, NY and 20 Other States
- Wells Fargo Finally Admits It Has Flaws In Its Foreclosures
- Lenders Meeting Resistance From Judges In Trying To Paper Over Faulty Foreclosures
- Massive Foreclosure Investigation Launched In All 50 States
- Wells Fargo May Have Also Submitted False Foreclosure Documents
last ditch effort huh…..
[...] Atty Gen Blumenthal Asks Judges For 60 Day Freeze On All Connecticut Foreclosures. [...]
Take a look at this deposition of a former David J. Stern law firm employee, in which she testifies about backdated documents, missing documents recreated behind closed doors, signatures photoshopped, employees coached in the fine art of forgery, tearful customers begging for help but sent to voice mail hell:
http://4closurefraud.org/2010/10/18/another-4closurefraud-bombshell-full-deposition-of-kelly-scott-of-the-law-office-of-david-j-stern/
Then, if you have the stomach for it, take a look at what people are talking about when they say “robo-signer.” These are examples of what purports to be the signatures of Erin Collins Cullaro, an attorney at the foreclosure mill of the Florida Default Law Group. Many times her signature is notarized by Lisa L. Cullaro – a sister? cousin? mother? Too cozy!
http://4closurefraud.org/2010/10/21/bout-time-ags-office-reprimands-erin-cullaro-for-foreclosure-mill-work/
Anyone who thinks the banks didn’t orchestrate the most pervasive scheme of fraud on the American public ever in this foreclosure mess needs their head examined.
If you suspect you might have a fraudulent affidavit, the place to start is Max Gardner’s Top 200 Signs you have a false document. The #1 sign is that the affidavit was created in Dakota County, Minnesota, home of Fidelity National Foreclosure Solutions. Those people were churning out phony affidavits by the thousands every day.
I spent three hours at our local courthouse this afternoon. Fraud is EVERYWHERE. This is going to bring our country to its knees.