BANKING & REAL ESTATE FRAUD
Forsberg v. The Land Court, Sun Trust, Harmon Law, Today Real Estate, CA 10-
Monday, May 16, 2011
Foreclosure Mills Exposed
Forsberg v. The Land Court, Sun Trust, Harmon Law, Today Real Estate, CA 10-
http://www.cafalawblog.com/CAFA.pdf
March 18, 2009
UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF MASSACHUSETTS CIVIL ACTION NO. 08-
DARLENE MANSON, DEBORAH and KEITH NICHOLAS,
and GERMANO DEPINA, on behalf of themselves and all others similarly situated
This class action,1 originally filed on November 20, 2008, in the Business Litigation
Section of the Suffolk Superior Court, arises out of harms caused to the named plaintiffs and others similarly situated by defendants’ alleged improper mortgage foreclosure practices.
Plaintiffs further allege that the defendant banks and law firms knew that the
foreclosures violated: (i) the Statute of Frauds, Gen. Laws ch. 259, § 1; (ii) the
statutory notice and sale requirements, Gen. Laws ch. 244, §§ 14 and 35A, and ch.
183, § 21; and (iii) the common-
Defendants GMAC Mortgage, LLC (GMAC), Avelo Mortgage, LLC (Avelo), and U.S.
Bank National Association (US Bank) comprise the “Named Foreclosing Defendants.”
Harmon Law Offices, P.C. (Harmon) and Ablitt Law Offices, P.C. (Ablitt) are the “Law Firm Defendants.”
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Not only does Harmon have Law Offices, it apparently conducts its own auctions at http://www.harmonauctions.net I think that this is reason enough for one to consider them suspect and reason for them to “hasten” things along because it is in their own personal best interest to do so.
This is in direct opposition to their response and the one from the new legal council which stated that: “All Harmon Law did was represent Sun Trust.” this is obviously not true at all.
They use Commonwealth Auction Associates, Inc. MA license 2235 and Irving Schectman &Co., Inc. MA license AU658, employ licensed auctioneers. and also work in Rhode Island and New Hampshire http://www.commonwealthauction.com/ which redirects to harmonauctions.net. All this in an effort to hide and disguise the real truth of what they are illegally doing to the public.
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Patterns of Behavior For Top Dot
In June, 2009 Top Dot Mortgage lost its FHA approval for...failing to document the
borrowers’ income, evaluating creditworthiness and approving loans with excessive
debt-
Ginnie Mae will also terminate Top Dot as an issuer in its mortgage-
WASHINGTON, DC -
Today’s action prevents Top Dot from participating in FHA programs and seeks a monetary penalty of $674,000.
In addition, the Government National Mortgage Association (Ginnie Mae) is defaulting
and terminating Top Dot as an issuer in its Mortgage-
“This lender demonstrated a pattern of utter disregard for how we do business and its behavior not only put the FHA insurance fund at risk, but placed their own customers at greater risk of foreclosure,” said FHA Commissioner David Stevens.
“FHA approval is a privilege that we entrust to the most responsible lenders. If any lender violates that trust, the MRB will take action to protect borrowers, the FHA insurance fund and FHA programs.”
Mary Kinney, Ginnie Mae’s Executive Vice President, said “Ginnie Mae’s requirements are in place to protect the borrower and the American taxpayer. Both, Ginnie Mae and FHA are working aggressively to ensure that borrowers are not harmed by the misdeeds of lenders. These lenders are on notice that they must strictly adhere to Ginnie Mae and FHA regulations to maintain their status within HUD programs.”
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Patterns of Banking Corruption (cont’d)