THE FORECLOSURE SOLUTIONS GROUP & Danny Hammond : GMAC RESCAP

Why Deregulation Is One of the Two Great Causes of 20 Million American Family Homes Being Wrongfull

Part 1:

“You can accomplish more with a smile, a handshake, and a gun than you do with just a smile and a handshake."

"I’m a kind person, I’m kind to everyone, but if you are unkind to me, then kindness is not what you’ll remember me for."

"Capitalism is the legitimate racket of the ruling class. A crook is a crook, and there's something healthy about his frankness in the matter. But any guy who pretends he is enforcing the law and steals on his authority is a swell snake. The worst type of these punks is the big politician."

Quotes from Al Capone (spun together into a light narrative by Danny Hammond)

by Danny Hammond

It's funny, I think about but I don't talk about the deregulation of banking being the hottest trigger of the three top reasons that you and I lost our homes. I wasn't behind on my payments at the time of my Missouri style non-judicial foreclosure and I can guess what happened to the caller within 3 minutes of when I get a call from someone who was done wrong and contacted me from this website. I have heard from hundreds, but each of them was facing it for the first time.

The reason that I say it is funny is because the reason that I don't talk about deregulation much is that no one much wants to hear about it. However, I think it is the most wicked and flagrant method anyone could dream up for attaining the illegal theft of a house.

Non-judicial foreclosure has been ruled in 26 states to be constitutional, but judges decided this. Thus began the problem of granting Imposters and Fictitious Payees that we mistakenly call banks the easily abused tool of enriching themselves and those they employee by using your money from your bank account to engage in risky lending and ventures that make them rich if they bet right and make you poor if they bet wrong.

In fact, after the historic Wall Street collapse of 1929, some really smart guys got together (I know who most of them were, but I'm going to leave them out of this short narrative because I cannot spell or pronounce all of the names) and they worked very hard to figure out what went wrong and they did find out what went wrong. What they found out, coincidently is exactly the same things that created the later crash of 2007 thru, well now.

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UNSEALED: DOJ CONFIRMS HOLDERS OF SECURITIZED LOANS CANNOT BE TRACED

THE DOJ IS NEVER GOING TO DO ANYTHING ABOUT THE

MORTGAGE FRAUD BEHIND MILLIONS OF ILLEGAL FORECLOSURES

by Danny Hammond

THE DOJ IS NEVER GOING TO DO ANYTHING

ABOUT THE MORTGAGE FRAUD BEHIND

MILLIONS OF ILLEGAL FORECLOSURES

This is the stupidest news story of all

time.

The Department of Justice can't find

a bunch of original Promissory Notes.

We have known that for six years. In

that time we have never seen even one

truly legal original Promissory Note.

But it sure does help me make my point.

In a filing unsealed on June 3, 2016, the Department of Justice (DOJ) confirms
what many of us have known for years. Nobody, not even the U.S. Government,
with massive resources, can determine who owns your loan and has the right to
collect on your promissory note.

(In hindsight many of those I visit with have learned that the ownership is of the

debt the Note represents)

The information comes from case files unsealed on June 3, 2016, by Federal Judge
Yvonne Gonzalez Rogers of the Northern District of California in the case of the
United States v. Discovery Sales, Inc.

The case involves some 325 fraudulent loans originated by Discovery Sales, Inc. (DSI)
between 2006 and 2008, many of which were then sold to Wells Fargo Bank and
JPMorgan Chase to securitize.

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Deregulation of Finance PART 2:

"In this life. One thing counts. ................In the bank...Large amounts

I'm afraid these don't grow on trees...You've got to pick a pocket or two

You've got to pick a pocket or two...Boys!
You've got to pick a pocket or two.

Large amounts don't grow on trees.........You've got to pick a pocket or two

Why should we break our backs? ............Stupidly...... Paying tax? Better get some untaxed income

Better pick a pocket or two.

You've got to pick a pocket or two...Boys!
You've got to pick a pocket or two.

Why should we all break our backs?.........Ya better pick a pocket or two"

The song "Pick a Pocket or Two" from the musical "Oliver"

by Danny Hammond

We ended up yesterday with the smart guys of 1933 putting together a new set of financial regulations to replace the old deregulated financial regulations (Which I call the no rules and no referees rule) that had replaced some good regulations. Yes, they all could sleep soundly now that the "Scoundrels of Wall Street" were playing the game with the new regulations (rules) which were being watched by new regulators (referees).

In fact, the simple but strict Glass Steagall Act of 1933 kept four generations of American families safe. There were blowups along the way, but nothing like the financial firestorm of the 1929 Stock Market conflagration. For 66 years this Act stood steady as a rock.

The Act was always under attack by the believers in what we call "Supply-Side Economics" which the true believers (financiers and stockbrokers and rich people) explained over and over that would help all Americans have plenty of money.

Supply-Side Economics means that if you don't tax the rich they will have more money and if they have more money the rich will spend it on stuff.

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VIDEO: NY D Rep. Gregory Meeks May Be The Exception! But I Have Been Very Hard On Congress..

I think there's a little bit of sizzling here. Honestly, I can feel it. The ions. Regis Philben

Regis

VIDEO BELOW:

Representative Meeks has not only has spoken about the wrongs in the finance and investment industries, but he may also be responsible for the resignation of CEO of Wells Fargo Bob Stumpf one week after Meeks interrogated a firestorm against Stumpf during the top exec's of Wells appearance before Congress when it was Rep Meeks turn to question Stumpf.

He became a hero of mine on that day. It was 7 years ago, but, I have seen him interviewed on the major channels ever more often since. Listen to his question of Stumpf seven years ago. He was so very much closer to the facts than any congressman.

I wish I could talk to him for ten minutes to fill him in on what I have seen. He would find it very disturbing. The video of the exchange of the two demonstrates which was the more intelligent and which was more of an American hero.

We are still standing & applauding this congressman for speaking the simple truth about Bank Fraud!! Representative Meeks is a true representative of the people. Who else can we say that about?

Reposted from September 2016 by Danny Hammond

VIDEO: NY REP (D) GREGORY MEEKS DESTROYS WELLS FARGO CEO JOHN STUMPF BEFORE CONGRESS!

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CONTRARY TO POPULAR BELIEF

by Danny Hammond

THE FOLLOWING CALCULATION IS RIDICULOUS MORTGAGE MYTH AND LEGEND--
BAD HOME LOAN = BAD HOME LOAN BORROWER

“I know no safe depository of the ultimate powers of the society but the people themselves and if we think them not enlightened enough to exercise their control with a wholesome discretion, the remedy is not to take it from them, but to inform their discretion by education. This is the true corrective of abuses of constitutional power.”

― Thomas Jefferson, Letters of Thomas Jefferson

by Danny Hammond

I posted an article on Facebook the other day and mentioned the movie “The Big Short”.

A good friend that I had not heard from for a while just happened to comment on my post and said that that he liked that movie but felt like he had to watch it three times to understand what these Wall Street Guys were actually doing.

I meant to write a short statement something like:

“The Big Short” is an excellent history about Wall Street and its penchant for inventing out of thin air financial instruments of no value to sell to institutional bond investors such as the Boston Police pension fund, The San Antonio Teacher’s Retirement Association, and thousands of others.

But, it was then that I saw a problem. This movie and most media reporting are drawing a direct comparison to the mentions of bad loans, and subprime lending to bad borrowers.

I think that is ultimate bullshit and grossly affects the already jaundiced perspective of much of America and is diverting our attention to the inventors of the instruments that assured the destruction of the life savings of tens of millions of Americans. READ MORE

My New Metaphor For "Foreclosure Fraud" Is a Gambling Casino That Plans To Let No One Win

WITHOUT ANYONE REALIZING IT

Danny Hammond

This was originally posted 04-16-2016 on this website. I am reposting it because I like it.

In a conversation yesterday I thought of an example of how something could be done right in front of the eyes of everyone without anyone seeing it.

Let me know if you think this is a good metaphor for Wall Street and Mortgage Fraud.

A casino decides to not let anyone win. There are 1000 people on the gambling floor, but few of them know each other.

All of them are losing consistently.

Each of them thinks that they are having a bad night of gambling because "it happens".

All of them go home losers, but they have no clue that everyone else went home a loser too.

There were no winners. It never occurs to any of them that all of them have been robbed in plain sight.

Of course, the casino keeps all of the money because no one knows it is missing."