Why Hasn’t the Government Gone After Mortgage Fraud?

From: Charles Cox [mailto:charles@bayliving.com]
Sent: Tuesday, December 06, 2011 7:15 AM
To: Charles Cox
Subject: Why Hasn’t the Government Gone After Mortgage Fraud?

http://www.cbsnews.com/video/watch/?id=7390540n

I watched it Sunday night…wanted to reach through the TV and choke the sweating, lying, incompetent and arrogant scumbag!!!! Adverts to wade through…but about 14 minutes of this piece…

Offensive, offensive, offensive…HOW ABOUT ILLEGAL YOU JERK, DOING A GREAT JOB MY ASS!!!!!

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Author: timothymccandless

I have spent most of my professional life helping people who were being taken advantage of by systems they did not fully understand. As an attorney, I represented consumers against predatory lending practices and worked in elder law protecting seniors from fraud. My family lost $239,145 to identity theft, which became the foundation for my seniorgard.onlime and deepened my commitment to financial education. Since 2008, I have maintained a blog at timothymccandless.wordpress.com providing free financial education. Not behind a paywall. Free, because financial literacy should not cost money. I trade with real money using the exact strategy described in this book. My current positions: Pfizer at $16,480 deployed generating $77,900 per year net. Verizon at $29,260 deployed generating $51,000 per year net. Combined: 293% annualized pace. These are my only active positions. Not cherry-picked.

6 thoughts on “Why Hasn’t the Government Gone After Mortgage Fraud?”

  1. I am a certified Bloomberg Forensic Loan Auditor and found numerous amounts of fraud on these loans, It remains a big Mystery as to why the Federal Government would not Prosecute!!

    1. If they actually start investigating the CRIMINALS that robbed the Country it leads to the Donations that finance their Political Pay Checks
      Campaign Financing with Stolen TRILLIONS
      CRIMINAL CAMPAIGN FINANCIERS are being allowed off the hook, Policy of Corruption …. RICO and Mispressions of MILLIONS of Felonies, Holder’s Boss and many of his CRONIES are directly involved in MILLIONS of Felonies. Holder is Obstructing Justice and Guilty of Misspression of Millions of Crimes Eric This Is NOT a State Of Mind http://www.nypost.com/p/news/national/jon_bubba_twist_2uQpRRaeEVM7RNVGelCojO#.Tt9yNw3COZk.facebook

      See also

      http://www.google.com/search?rlz=1C1GGGE_enUS370US372&gcx=c&sourceid=chrome&ie=UTF-8&q=Bank+Looting+Subprime+Witham+S%26L+Scandal

  2. YES! Kudos to Steve kroft lately for going after the meaty stuff and exposing all of this – so great for “60 Minutes” and for us – truth out!!

  3. Definitely, corruption is extremely taking over, economic power really matters. Decentralizing is probably the ultimate solution for this mortgage issue that is hovering now and becomes the primary concern of people.

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