Why You Need to be Thinking About GAAP

by Neil Garfield

For 15 years I have tried to get CPA auditors to enter the field of expert witnesses against the investment banks. While some have nibbled at the line, none have taken the bait or come on board. So homeowners and their lawyers must familiarise themselves with some basic accounting concepts to avoid the many trap doors and pitfalls the investment banks have set for them.

The premise here is that nobody has maintained a loan account receivable on any accounting ledger. That would be the account where debits and credits are posted, resulting in an adjustment of the value of the account. That is, in other words, the place where the loan can be found. That is the only place. Litigants have been mucking up their requests for information by asking for the wrong things. The simple truth is that the loan no longer exists on any accounting ledger.


There is only one way an entry is made on any ledger — a transaction has occurred and the ledger shows the debit from one account and a credit to another account. Each transaction has a paper trail usually starting with receipt or payment of money. So there is a wire transfer receipt, ACH receipt, or canceled check that will prove the payment along with some bill of sale or other documents describing the transaction in which a third party has agreed to the terms. This is how auditors prove up the financial statements that are published or used for loans, shareholders etc.

Auditors do not use the published statements from management. they look at the ledgers. And it is in the ledgers that virtually all foreclosures fail because there is no debt, there is no owner and there is no authority to administer, collect or enforce the “debt” that seemed to have been previously created — no matter how crazy or counter-intuitive that seems to be.

The rules for accounting are well-established over centuries and while there are tricks and gambits played by management, the basic rules have been in place for millennia. The application of those rules is now law adopted in all U.S. jurisdictions. And the short name for it is GAAP (Generally Accepted Accounting Principles).

GAAP are those principles recognized by the accounting profession and the SEC as the uniform rules, conventions, and procedures necessary to define accepted accounting practices at a particular time. GAAP principles are the official standards accepted by the SEC and promulgated in part by the American Institute of Certified Public Accountants (“AICPA”).


SEC Regulation S-X (17 C.F.R. § 210.4-01(a)(1)) states that financial statements filed with the SEC that are not prepared in compliance with GAAP are presumed to be misleading or inaccurate, despite footnote or other disclosures. SEC Regulation S-X requires that interim financial statements must also comply with GAAP, with the exception that interim financial statements need not include disclosures that would be duplicative of disclosures accompanying the most recent annual financial statements. 17 C.F.R. § 210.10-01(a)(5). Additionally, SEC registrants are required under SEC rules to maintain sufficient systems of internal controls to ensure fair reporting in conformity with GAAP. PA. Public School Employee Retuirement System vs. Bank of America see yesterday’s post for copy of complaint.

That is the law and no amount of argument can escape the simple fact that if someone is claiming an unpaid loan, it must exist.

It is under these laws that investors sue companies who gave them false information, that bankers charge bank fraud and that homeowners can claim and establish that their opposition in foreclosure has failed and refused to respond to statutory requests for information (QWR under RESPA and DVL under FDCPA), proper and timely discovery requests, Court orders requiring the response, and even grace periods for purging themselves of contempt.


They can’t respond because their clients won’t let them. And their clients (investment banks acting through intermediaries like purported “subservicers”), won’t let them because to respond truthfully would be to admit there was no claim.

The rules work simply after that. The entire premise of every foreclosure is the collection of a debt that is presumed to be owned by the claimant and which is unpaid and therefore causing the claimant to be damaged. Without the loan account receivable on a proper accounting ledger there can be no such claim and there isn’t. This is why the “Creditor” is never identified.





Foreclosure Daily News update ⋅ February 19, 2021



Dothan Eagle

L2692 MORTGAGE FORECLOSURE SALE Default having been made in the payment of the indebtedness secured by that certain mortgage executed …





To stop foreclosure, Westchester condo developer files for bankruptcy

The Real Deal

Westchester County developer DeNardo Capital filed for Chapter 11 bankruptcy Tuesday, stopping a planned foreclosure auction on its luxury condo …





NY Court of Appeals Rules on Foreclosure Deceleration, SOL


Engel, which centered around whether lenders who opt to accelerate through foreclosure may then voluntarily discontinue that action later on, and if …





NY high court revives foreclosure actions, clarifies law


The New York Court of Appeals has revived four foreclosure actions in a ruling that clarifies when lenders’ actions stop and start the statute of …





Queen K Center faces foreclosure suit

Maui News

KAHULUI — Despite facing a foreclosure lawsuit after defaulting on a massive loan, Queen Ka’ahumanu Center owners through a representative …





GreenPath and Homeownership Preservation Foundation Helps COVID-19 Affected Homeowners …

Business Wire

In addition to foreclosure prevention, HPF’s certified counselors assist … an initial forbearance and 3) placed a moratorium on foreclosures through …





CRDA hit with $5M loss in foreclosure on downtown Hartford hotel where agency helped finance …

Hartford Courant

A New York lender has foreclosed on the 18-story Red Lion Hotel, whose top nine floors have been …





NY high court revives foreclosure actions, clarifies law


Chief Judge Janet DiFiore wrote for the court on Thursday that when a mortgage loan has been validly accelerated by a prior foreclosure action, the …





North Miami Beach office building targeted in foreclosure

South Florida Business Journal

The Fort Lauderdale-based bank (Nasdaq: OPHC) filed a foreclosure complaint Feb. 5 against the 975 N Miami Beach Blvd Trust, along with guarantors …





The post NY Court of Appeals Rules on Foreclosure Deceleration, SOL appeared first on DSNews

Appraisal Buzz

A legal expert discusses why this is good news for mortgage servicers and how it provides a “clear, bright path” forward for cases that may have been …

The post Mixed Reactions to Biden’s Foreclosure-Ban Extension appeared first on DSNews – Appraisal Buzz

Full Coverage





Avoid foreclosure: Don’t buy a home before you’re ready | Dave Ramsey

Knoxville News Sentinel

A: Buying a home when you’re broke is the easiest way I know to become a foreclosure statistic. I’m glad you two are being thoughtful and sensible …





Biden extends forbearance and foreclosure protections through June. Here’s how forbearance works


He will extend though June 30 a ban on foreclosures for homes with federally backed mortgages. Dreamstime/TNS PHOTO.





Tenth Month Of Record Low Chicago Foreclosure Activity


However, the recent plunge is the result of the moratorium placed on foreclosures in light of the Covid-19 crisis. Because the foreclosure activity data is …





Residential Evictions: What Homeowners Need To Know – February 2021

JD Supra

Can I be removed from my home as a result of a foreclosure proceeding during the COVID-19 emergency? No. On March 19, 2020, New Jersey …





Alexandria Provides Updates; Weather-Related Schedule Changes; COVID-19 Case Milestone …


foreclosure and eviction moratoriums through June 30 for most FHA-insured or Home Equity Conversion mortgages. The FHA has also extended the …





Wells Fargo Foreclosure Successful Despite Debtor’s Bankruptcy

Bloomberg Law

All Writs Act petition fails to stop foreclosure · District court didn’t have jurisdiction over case.





New Administration, More Forbearance: Biden Administration Announces Extension of COVID-19 …


The FHFA’s foreclosure moratorium applies to GSE-backed, single-family mortgages only. The eviction moratorium applies to properties that have been …





NY Court Of Appeals Issues A Landmark Decision On The Statute Of Limitations In Mortgage …

JD Supra

The Plaintiffs in Engel and Naidu both asserted that their foreclosure actions were timely commenced because they had affirmatively revoked prior …





Loop landlord escalates court fight with lender

Crain’s Chicago Business

Less than three months after being hit with a foreclosure suit over a Loop office tower, local investor Musa Tadros has struck back at his lender with a …





President Biden Extends COVID-19 Relief for FHA, USDA, and VA Borrowers

JD Supra

For FHA, USDA, and VA borrowers, the foreclosure moratorium is extended through June 30, 2021. Additionally, borrowers who entered into a …





Warner applauds extension of homeowner relief during COVID-19

Brunswicktimes Gazette

Extending the foreclosure moratorium for homeowners through June 30, 2021;. · Extending the mortgage payment forbearance enrollment window until …





Elected Officials, Advocates Convene to Urge New York Tenants Having Difficulty Paying Rent to …

The New York State Senate

The act suspends eviction and foreclosure proceedings for 60 days to give court administrators, housing advocates, landlords, tenants and homeowners …





Greenspoon Marder LLP Financial Services Client Alert: State of New York – Statute of Limitations …


Lenders seeking the foreclosure remedy in New York frequently encounter the statute of limitations defense based on a prior acceleration of the debt, …





Around the nation: Biden extends moratorium on foreclosures through June

The Daily Briefing

The White House on Tuesday announced the Biden administration plans to extend a moratorium on foreclosures for federally guaranteed mortgages …





Moratorium on some evictions, foreclosures to end March 1

The Guam Daily Post

The nearly yearlong protections against local evictions for renters or foreclosure action on property owners unable to keep up with their mortgage …





Tenant, homeowner protections heading to Northam’s desk after General Assembly passage

Roanoke Times

“Virginia must take action to protect homeowners from foreclosure during this economic crisis,” McClellan said in a statement. “This bill passed with …





Fannie, Freddie reap billions from ‘adverse market’ fee


That included $4 billion for projected forbearance defaults, $1 billion in foreclosure moratorium losses and $1 billion in loan servicer compensation …





Fla. Supreme Court Holds Consumers May Recover Attorney’s Fees in ‘Account Stated’ and …


… attorney’s fees in favor of consumers in the context of mortgage foreclosure, holding that a borrower who prevails in a mortgage foreclosure action in …





Disabled Taylor veteran gets help saving his home from Wayne County

FOX 2 Detroit

And then his home was going into tax foreclosure. Craig Ogden. “The Disability Network Wayne County Detroit is helping our veterans and disabled …





Flint City Council could vote again on fate of Jefferson Elementary School


2nd Chance Church owned the school when it was lost through tax foreclosure in March 2016 and the city requested and received a deed to the …





Mergers: Commission clears acquisition of Varian by Siemens Healthineers, subject to conditions

EU News

The foreclosure of competitors resulting from the acquisition would therefore have likely led to reduced choice in products and loss of innovation to the …





VA Extends Existing Moratoriums on Evictions and Foreclosures


WASHINGTON, D.C. — The Department of Veterans Affairs (VA) will extend the existing moratorium on evictions and foreclosures, as well as extend …





NT: Pappas gives final State of the City speech

Niagara Frontier Publications

Pappas proclaimed Feb. 15-19 as “Foreclosure Prevention Awareness Week.” The proclamation supports the “Stay In Your Home” campaign, a cross- …





‘New Haven to Go!’ offers prix fixe takeout meals from 33 city restaurants

Hartford Courant

CRDA hit with $5M loss in foreclosure on downtown Hartford hotel where agency helped finance apartment conversion · CRDA hit with $5M loss in …





2020 Year in Review: Consumer Finance

JD Supra

These requirements included, most notably, the mortgage forbearance and foreclosure moratorium provisions of the Coronavirus Aid, Relief, and …





NY lawmakers urge tenants to complete ‘hardship’ paperwork to delay eviction

Queens Daily Eagle

A group of New York lawmakers on Thursday urged tenants and homeowners at risk of eviction and foreclosure to fill out new paperwork intended to …





Six financing options for first-time homebuyers


If there was a foreclosure, the waiting period is seven years from the date of the sheriff’s deed. MSHDA Loan (1% Vested). The MSHDA loan (Michigan …





Morning Roundup: Black Officers Allege Racist Mistreatment Within Maryland’s State Police …


[WUSA 9]; One of D.C.’s most expensive office buildings is expected to be sold at a foreclosure auction. [WBJ]; The owner of a D.C. axe throwing …





Oakland Park retail center sold by lender for $11M

South Florida Business Journal

Country Wide Mortgage Funding took title to the property in 2007 through a $7 million foreclosure action. It was built on the 11.5-acre site in 1987.





Fitch Affirms 4 Atlantes Mortgages RMBS Transactions

Fitch Ratings

To address regional concentration risk, Fitch has applied higher rating multiples to the base foreclosure frequency assumption to the portion of the …





Plattsburgh extends property tax exemptions for seniors, homeowners with disabilities

Local 22/44 News

It bars eviction, foreclosure and negative credit reporting for New Yorkers who can document a pandemic-related hardship. The law also extends …





Hotel Bankruptcies On The Rise As Lenders Lose Patience With Recovery


With many hotels on the brink of foreclosure, the next two quarters of hotel performance will determine the fate of many properties. If this summer’s …





Mars landing, Kitty goes to Washington and auctioning digital art


Millions of people in the US are at risk of losing their homes when federal eviction and foreclosure moratoriums expire. But it will take more than the next …





1099 Forms: Explaining the many types of 1099 forms and their uses

Fallon County Extra

1099-A. This form is a consequence of foreclosure or bank repossession of secured real property such as one’s home if used for collateral for a loan, …





From living in a tent to securing stable housing: Veteran thrives with VA assistance

VAntage Point Blog

… day in 2010, Marine Corps Veteran Robert McMahon returned from a fishing trip to find his house completely boarded up and already in foreclosure.





Court procedures change during COVID-19 pandemic


Foreclosure filings showed an encouraging downward trend as there were 96 foreclosures filed in 2019. Magistrate Kristina Morris, in the domestic …





Tenant, homeowner protections heading to Northam’s desk after General Assembly passage


Jennifer McClellan, D-Richmond, carried to expand foreclosure protections for Virginian homeowners. The bill, SB 1327, would require mortgage …





5 Things Your Mortgage Lender Wishes You Knew


On the other hand, obtaining a mortgage that you can’t afford could eventually result in a foreclosure. If you go into the process aware of all the steps …





Team Marti: 7 key trends expected to shape Real Estate in 2021


Homes will be lost to foreclosure … stimulus and forbearance plans wrap up, a percentage of homeowners will find themselves facing foreclosure.





Existing Home Sales Rise, But Inventories Hamper Results

Mortgage News Daily

Fewer than 1 percent of sales were distressed, that is foreclosure or short sales. Sales results for January were mixed across the four major regions, …







An In-Depth Look at Loan Modifications to Stop Foreclosure

Loan Lawyers

Know about the most popular options property owners have to stop foreclosure here in this article. Contact Loan Lawyers to get a free consultation.





President Biden’s Foreclosure Extension Met With Mixed Reactions – Gryphon USA

Gryphon USA, Ltd.

President Biden’s Foreclosure Extension Met With Mixed Reactions. By: Navi Persaud – NationalMortgageProfessional.com. Yesterday, President Joe …





What Is The Process In Filing A Homeowners’ Claim For Florida Foreclosure Surplus Funds?

Haynes Law Group

Today, we will be discussing the process that takes place when a former Florida Homeowner files their claim for Florida mortgage foreclosure surplus …





Residential Foreclosure Checklist (CT) | Practical Law

Practical Law – Thomson Reuters

A Checklist outlining important steps to consider when preparing for and conducting residential mortgage foreclosure actions in Connecticut involving …





Residential Foreclosures (Nonjudicial) (CO) | Practical Law

Practical Law – Thomson Reuters

A Practice Note discussing nonjudicial foreclosure procedures and proceedings under Colorado’s public trustee system. This Note outlines the …





Residential Foreclosure Flowchart (NJ) | Practical Law

Practical Law – Thomson Reuters

A Flowchart outlining the stages of a residential mortgage foreclosure action in New Jersey. This Flowchart includes pre-foreclosure notices, required …





General Laws of Rhode Island Section 34-27-5 (2018) – Mortgage foreclosure advertisement …

Justia Law

An advertisement for foreclosure may, if describing the real estate being foreclosed, describe the real estate to be foreclosed by metes and bounds …





About KHC – RFP – Foreclosure and Bankruptcy Legal Services

Kentucky Housing Corporation

Services Requested. Legal representation of KHC in foreclosure and bankruptcy proceedings for KHC’s single-family loans;; Legal representation of …





Power of Sale vs. Foreclosure | Steve Welker and Company

Steve Welker and Company

A foreclosure involves the lender taking ownership of the property in exchange for forgiving the mortgage. They have no duty to sell the property. If they …





General Assembly Votes To Expand Foreclosure Protections | VPM


Virginia’s currently foreclosure laws only provide for two weeks notice. The bill passed both the House and Senate with bipartisan support. Following the …





SB56 | Georgia 2013-2014 | Property; purchaser of condominium development at a foreclosure


… transactions so as to require the purchaser of a condominium development or other property development at a foreclosure sale to take title subject to …





Duplin County Tax Foreclosure Sale

Duplin County NC

Thursday, February 25, 2021 at 10:00 AM Duplin County Courthouse Steps Parcel 12-892 Opening Bid $3975.42 Approximately 0.59 Acres Located …





(Realtor Edition) FHFA extends foreclosure, eviction moratorium to February


FHFA extends foreclosure, eviction moratorium to February The Federal Housing Finance Agency announced Tuesday that Fannie Mae and Freddie …





SB 1288 (2011) – Nonjudicial Foreclosure/Commercial Real Property | Florida House of …

Florida House of Representatives

Provides that provisions concerning the trustee foreclosure procedure do not impair or otherwise affect a foreclosing creditor’s right to bring a judicial …





Critical Foreclosure Prevention Program Reopens for District Homeowners | Making Justice Real

Making Justice Real

The DC Housing Finance Agency (HFA) has recently announced the reopening of HomeSaver, a foreclosure prevention program that provides …





HO001WT RECORDING: Foreclosure Tune-up – Winter VTI | CollaborNation®

CollaborNation® |

It’s been a year or more since you successfully completed HO109 Foreclosure Basics, and we know how important it is for you to have convenient …





chippewa county tax auction

Frontenac Medical Clinic & Associates

View Chippewa County tax sale house photos, foreclosure tax sale home details, home tax sale outstanding loan balances and tax lien deeds …





foreclosure in western ma

Florence HERIAU

These money-making opportunities can deliver huge savings on your next purchase. Aquinnah Foreclosed Condos. COME CHECK OUT THIS 1910 …





President Biden Extends Foreclosure Protections | The Presidential Prayer Team

The Presidential Prayer Team

No foreclosures on homes until June 30. On Tuesday, the White House announced that President Biden had again extended protections for …





cabo rojo foreclosures – Estatic Store

Estatic Store

Cabo Rojo County,PR Foreclosures & Foreclosed Homes Discover foreclosed homes for sale and foreclosure listings for real estate in …





foreclosures derby, ks


Search 5 Foreclosure Listings in 67037, with data on unpaid balances and auction dates. Arnold Donald G Jr Real Estate. 5 Miles. Derby, KS …





What You Need to Know When Buying a Home Through a Short Sale | Lake County Real Estate …

Lake County Estate Planning Attorney | Illinois Bankruptcy Lawyers | Libertyville

Lake County Real Estate Attorney. Stop Foreclosure. 1512 Artaius Parkway …





Biden Admin Extends Foreclosure Moratorium, Mortgage Forbearance Through June – TBA Law Blog

Tennessee Bar Association

A voluntary professional association, the TBA offers its members a variety of programs and services designed to assist in professional development and …





Biden extends forbearance and foreclosure protections through June. Here’s how forbearance …

Omaha World Herald

Biden extends forbearance and foreclosure protections through June. Here’s how forbearance works. Zach Wichter Bankrate.com (TNS); Feb 18, 2021 …





President Biden Extends Mortgage Relief, Foreclosure Bans through End of June – Shelter Realty

Shelter Realty

The moratorium on foreclosures was initially set to end on March 31, but has … Originally, before Biden took office, the foreclosure moratorium passed …





Donate to House in Foreclosure – GoFundMe


You’re supporting House in Foreclosure. Your donation will benefit Julie Wehmeyer. Enter your donation. $ USD .00. Tip GoFundMe services.





TAX FORECLOSURE SALE – *CANCELLED* | Calendar with Agenda & Minutes | Chatham …

Chatham County, NC

Skip to Main Content. Chatham County, NC. Home Menu. Search Go. Font Size: larger smaller. Home Staff Directory Tax Records Libraries Contact …





Clay County, NE Foreclosure Trends | RealtyTrac


Foreclosure Status Distribution for Clay County, NE. January 2021. The current distribution of foreclosures based on the number of active foreclosure …








Mortgage Fraud Daily NEWS update ⋅ February 19, 2021


Today’s mortgage and refinance rates: February 19, 2021 | Rates soar

Business Insider

Refinance rates on all mortgages have ticked up since last Friday, and since last month. Best ways to get a low mortgage rate. Both fixed and adjustable …

US long-term mortgage rates rise slightly; 30-year at 2.81% – Lincoln Journal Star

Full Coverage


Macomb County judge says he adjourned body builder’s trial for the last time

The Oakland Press

Bashi, who also has resided in Oakland County, spent over five years in federal prison for a multi-million dollar mortgage fraud scheme. Macomb …


A Quick Guide to Closing Costs

The New York Times

Getting the Loan. Most lenders charge a fee for initiating and underwriting a mortgage. This will typically include application and commitment fees and …


Ald. Patrick Daley Thompson got secret deal from Bridgeport bank shut down for ‘massive fraud

Chicago Sun-Times

They had a $505,000 mortgage from 2004 on their residence and two other mortgages, totaling $293,500, on their rental property two doors away. No …


Macomb County judge says he adjourned body builder’s trial for the last time

The Macomb Daily

Bashi, who also has resided in Oakland County, spent over five years in federal prison for a multi-million dollar mortgage fraud scheme.


Fannie, Freddie reap billions from ‘adverse market’ fee


How are mortgages performing? Pretty darn well. A Feb. 11 MBA press release indicated a dramatic drop in mortgage delinquencies. “The 92-basis …


Facebook employee called inflated ad metrics ‘deeply wrong’


A judge this month refused to dismiss fraud claims and said the company should … “Facebook knew the problem was largely due to fake and duplicate …

Facebook knew for years ad reach estimates were based on ‘wrong data’ but blocked fixes over … – TechCrunch

Full Coverage


Tax Fraud Blotter: Pants on fire

Accounting Today

Chamere Henderson also filed false federal tax returns for two other … Gregory financed a portion of the purchase with a seller-backed mortgage to …


Questions lawmakers should ask at the GameStop hearing.

The New York Times

… much your company could do to guard against market manipulation, but why shouldn’t your company be held liable if there is fraud on its platform?

Robinhood says it doesn’t monitor social media stock discussions. One lawmaker called such posts … – Business Insider

Full Coverage


US Housing Starts Fell in January for First Time Since August


… pre-pandemic levels thanks to the Federal Reserve’s ultra-easy monetary policy pushing mortgage rates to record lows and driving demand upward.


CoreLogic Launches New Digital Title and Closing Solution to Accelerate Mortgage Origination …

Odessa American

Traditionally, mortgage lenders have had to manually re-key dozens of … Closing Solution also works to reduce potential wire fraud – and ultimately …

CoreLogic Launches Digital Title And Closing Solution – National Mortgage Professional Magazine

Full Coverage


Canada: The New Tort Of Internet Harassment

Mondaq News Alerts

attacked lawyers who had acted in mortgage proceedings against her, claiming that they were guilty of mortgage fraud;; launched attacks which moved ” …


Congress plans barrage of tech hearings


… it be falsehoods about the COVID-19 vaccine or debunked claims of election fraud, these online platforms have allowed misinformation to spread, …


FormFree Expands Income and Employment Verification to Cover 85% of Working Americans


As the pioneer of the mortgage industry’s first truly automated verification of … pay (ATP) and mitigates risks associated with human error and document fraud. … “Mortgage lenders have been longing for an income and employment …


Like zombies, troubled assets still stalk the halls of the Treasury Department

Federal News Network

So with that, they get a lowered mortgage payment to one that’s affordable … And so we knew that a lot of people were being scammed and learning …


Australian leader urges Facebook to lift its news blockade

Associated Press

An article about how fake news would replace credible journalism in Australian feeds carried the headline: “’Fakebook’ shows all it cares about is …

Facebook’s news ban heightens the risk of misinformation and conspiracies spreading in Australia … – Business Insider

Full Coverage


CoreLogic Launches New Digital Title and Closing Solution to Accelerate Mortgage Origination …


Industry-first solution helps mortgage lenders save time and reduce costs … fraud – and ultimately enhances the consumer homebuying experience.


Host of ‘Reply All’ Podcast Steps Down After Accusations of Toxic Culture

The New York Times

In recent years, “Reply All” episodes have taken listeners inside phone scam rings in India, to a maximum-security prison in Illinois, and on a journey …


Trump’s former fixer Cohen interviewed by Manhattan DA’s office and newly hired litigator

Duluth News Tribune

… including alleged falsification of records, and insurance and tax fraud. … Trump’s big commercial holdings, including a $160 million mortgage on the …


California, US unemployment claims leap higher, pointing to weak job market

The Whittier Daily News

Still, fraudulent claims for jobless aid in some states and other issues, … set aside about half that increase for further review out of concern about fraud.


Black Business Spotlight: Hightower brothers launch ‘soul bowl’ concept

The Columbus Dispatch

… in prison for the mortgagefraud scheme, which took place in 2006 and 2007, and involved 38 Columbus properties, mostly on the Near East Side.


YC-backed Queenly launches a marketplace for formalwear


There have been no cases of counterfeit brands to date, Bantigue said. Queenly’s next plan is to bring on boutique stores and dress designers for …


R1.8bn Bosasa fraud case postponed


The R1.8bn Bosasa fraud and corruption case was again postponed on Thursday. One of the accused, Bosasa whistleblower Angelo Agrizzi, was too …


Reversing Course, 11th Circuit Says Georgia False Claims Act Suit Over VA-Backed Loans May …


The appeals court last month revived the case against Mortgage Investors Corp. … Edwards, who was also sued for state claims of fraudulent transfer, …


Proptech startup Knock secures $20M to grow SaaS platform for property managers


It also plans to expand its product portfolio to include AI communications, fraud prevention, applicant screening and leasing, and intelligent forecasting …


Netflix’s Cecil Hotel documentary: An irresponsible, bloated mess


Regardless, Cecil Hotel stretched my patience for fake teases and false cliffhangers. Watching any serialized documentary series demands a …


Why accidental death and dismemberment coverage usually isn’t enough life insurance on its own

Business Insider

Most people get life insurance to cover the mortgage, education, and other expenses so their family can continue after they die. If you need life …


US existing home sales, and prices, rise again in January


The average rate on the benchmark 30-year fixed-rate home loan rose to 2.81% this week from last week’s 2.73%, according to mortgage buyer Freddie …


USC rides Isaiah Mobley’s career night to blowout win over Arizona State


There was his pump-fake, side-eye-at-the-defender 3-pointer, followed shortly by a lob to Evan Mobley that just cleared the fingertips of Sun Devil …


FormFree’s Expanded Income and Employment Verification Covers 85% of Working Americans

Lompoc Record

As the pioneer of the mortgage industry’s first truly automated verification of … pay (ATP) and mitigates risks associated with human error and document fraud. … “Mortgage lenders have been longing for an income and employment …


Lengthy postponement in Free State asbestos tender fraud case


It will be a lengthy wait before ANC secretary-general and former Free State premier Ace Magashule and his co-accused confirm or deny their …


Facebook, Google, Twitter CEOs will testify about misinformation before US Congress

Financial Post

“Whether it be falsehoods about the COVID-19 vaccine or debunked claims of election fraud, these online platforms have allowed misinformation to …


Plex begins beta testing integration with Apple’s TV app


… send you notifications, and prevent fraud. The integration does not appear to be fully rolled out just yet. Sigmon reports that content he has stored on …


House Democrats want to raise another $1.2 trillion in taxes on the wealthy just by auditing them …

Business Insider

And increasing penalties on millionaires who put false information on their tax returns. Khanna’s bill could prove less controversial than proposals from …


Best free web hosting in 2021: Cheap gets expensive fast


… Some operators make money by selling link farms to spammers, or to sites hyping gambling or drugs, or to online scammers, or worse. Your site …


Telekom Slovenije reports 60% increase in cyber-attacks in 2020


Also on the increase were targeted attacks on selected companies, by circumventing security mechanisms, as well as CEO fraud.


Financial Expert Marion G. Cuff, CFS®: Understanding Your Credit Report

The Pike County Courier

… especially for something significant like a mortgage, you’ll want to get and … Your report is inaccurate because of fraud, including identity theft Visit …


Why explainability is key to success in machine learning

The Paypers

We’ve come a long way from the old days of fraud prevention. … With ML used today in everything from mortgage application approvals to police facial …


Volume of loans granted could have “devastating” impact on traditional lending

Mortgage Introducer

The majority of commercial mortgage brokers think that it is unlikely banks and non-bank lenders will be able to meet the future needs of SMEs for a …


Natti Natasha pregnant: Who is the father of her baby, Raphy Pina?

Monsters and Critics

He has a previous felony conviction for mortgage fraud to which he pled guilty in 2016. Used for the like, share, comment, and reaction icons …


Attorney in Ace Magashule’s office when he was premier now in dock too


The three people who have been added to the asbestos fraud and corruption case have been named. They are Nozipho Molikoe, chief financial officer …


NatWest issues vital scam warning on passwords – ‘don’t make it easy for criminals!’

Daily Express

This time around, Jason Costain, Head of Fraud Prevention at NatWest sat down … Mortgage warning: SEISS is ‘red flag’ – impact of furlough & SEISS …


Google Stadia hit with class-action lawsuit over 4K game quality


“Google has done nothing to correct the false information concerning the power and resolution of the games available on Stadia and does not disclose …


Robinhood CEO calls on SEC to revise ‘outdated’ trading rules


… or other interests to the detriment of their customers is “absolutely false and market-distorting rhetoric.” Robinhood’s GameStop saga started on Jan.


Scientists are using AI to create artificial human genetic code

Digital Trends

Eventually, the generator is so good at creating fake versions of whatever it is attempting that the discriminator can be fooled. It’s no longer able to …


Jury convicts chef who made up kidnap story after skipping work

Swindon Advertiser

The 36-year-old denied perverting the course of justice and fraud by false representation. But jurors at Swindon … By October 2017, he was working in a Wanborough pub and struggling to pay his mortgage. He received news a …


‘Flip flopping’ & ice to cool down: Inside Mbuyiseni Ndlozi & Redi Tlhabi’s spicy exchange


Here is the fearless Ausi @RediTlhabi qualifying her condemnation of an instance of racist, fake, abusive & idiotic journalism. Truly heartbreaking …


Risk Management, QA and Fraud Prevention Forum | Mortgage Bankers Association

Mortgage Bankers Association

Risk Management, QA and Fraud Prevention Forum. Sep 19 – 21, 2021. JW Marriott Phoenix Desert Ridge Resort & Spa, Phoenix, AZ.


Fraud Analyst Job in Fuquay-Varina, NC at Right By You Mortgage Member FDIC – ZipRecruiter


Easy 1-Click Apply (RIGHT BY YOU MORTGAGE MEMBER FDIC) Fraud Analyst job in Fuquay-Varina, NC. View job description, responsibilities and …









Crime Stoppers: Wanted Person of the Week

Fox 56

All of them related to theft by deception and theft of identity. If you know where Winfield is, Crime Stoppers wants to hear from you. Call the tip line at …





SD&G OPP investigate and warn of romance scam

The Review Newspaper

… of the Romance Scam, contact your local police service. You can also file a complaint through the Canadian Anti-Fraud Centre, Crime Stoppers at …





Police charge man in major fraud investigation

Mirage News

A 52-year-old man has been charged with 23 fraud offences as part of a … You can report information about crime anonymously to Crime Stoppers, …





South Dundas resident loses $45K to romance scam

Cornwall Seaway News

South Dundas resident loses $45K to romance scam … complaint through the Canadian Anti-Fraud Centre, Crime Stoppers at 1-800-222-8477 (TIPS), …





CRIME STOPPERS: Kamloops Wanted — February 18, 2021

CFJC Today Kamloops

Fraud x 9. Theft Under $5,000 x 3. ——. If you have any information on the whereabouts of these individuals, call Crime Stoppers at 1 (800) 222-8477.





South Dundas resident conned out of almost $45K via online dating site

Nation Valley News

“Recognize, Reject and Report Fraud,” police say. You can also file a complaint through the Canadian Anti-Fraud Centre, Crime Stoppers at …





SD&G OPP investigate reports of CRA scam

The Review Newspaper

SD&G OPP investigate reports of CRA scam … OPP at 1-888-310-1122 or Seaway Valley Crime Stoppers at 1-800-222-TIPS(8477) or you can submit …





Man facing charges after Durham police uncover counterfeit ID lab in Brampton


Anyone with information about this incident is asked to call D/Cst. Smith at 1-888-579-1520 ext. 5281, or Crime Stoppers at 1-800-222-8477 (TIPS).







Now You Can Unlock the Power of Justice and the Rule of Law with FRAUD STOPPERS


Are you tired of being a victim of financial fraud, seeking the justice and legal remedy you deserve? Look no further – FRAUD STOPPERS is here to empower you with the comprehensive tools and support necessary for success. With a wide range of services tailored to your needs, we are your ultimate ally in the fight against fraud.

FRAUD STOPPERS Arsenal of Solutions includes but is not limited to:

  1. Audits & Investigations: Our team of skilled professionals will meticulously analyze your case, leaving no stone unturned in uncovering the truth. We employ cutting-edge techniques and resources to expose the fraud and gather irrefutable evidence. We are the only organization (to our knowledge) that can provide you with a Full Level 4 Bloomberg Securitization Audit and all the loan level data and trust information for all Government Sponsored Loans (GSE’s) and loan placed in private trust (shipped off shores) that do not report to the Securities and Exchange Commission (SEC).
  1. Expert Witness Affidavits & Testimony: Our network of esteemed experts will provide compelling affidavits and testify on your behalf, lending credibility and authority to your case. Their specialized knowledge and experience will strengthen your position in the legal battle.
  1. Turnkey Litigation Packages: We understand that navigating the complex legal landscape can be overwhelming. That's why we offer comprehensive litigation packages, equipped with all the necessary documents and strategies to mount a strong defense against fraudsters.
  1. Professional Paralegal Support: Our dedicated paralegals are committed to assisting you every step of the way. They will guide you through the process, offer invaluable insights, and provide crucial administrative support to ensure your case is well-prepared.
  1. Nationwide Attorney Networks: We have established a vast network of highly skilled attorneys across the country who specialize in fraud cases. Rest assured, you will be connected with a trusted legal expert who is passionate about seeking justice on your behalf.
  1. Legal Education and Training: At FRAUD STOPPERS, we believe that knowledge is power. That's why we provide comprehensive legal education and training resources, empowering you to understand your rights, navigate the legal system, and make informed decisions throughout your case.
  1. Debt Settlement Negotiations: Our experienced negotiators will engage with creditors on your behalf, striving to reach favorable debt settlement agreements. We will advocate for your interests, aiming to alleviate the financial burden caused by fraud.
  1. Private Lending: If you require financial assistance to support your legal battle, our private lending options can provide the necessary funding. Our trusted lending partners offer competitive rates and flexible terms, ensuring you have the resources to fight for justice.


And much more! Save Time, Money, and Increase Your Odds of Success with FRAUD STOPPERS' Proven Products and Programs

If you're serious about getting the legal remedy you deserve, FRAUD STOPPERS has everything you need to succeed while saving time, money, and increasing your odds of success. Our comprehensive range of proven products and programs is designed to streamline the process, maximize efficiency, and deliver results.

Time is of the essence when it comes to combating fraud, and we understand the importance of expediting your case. With our expertise and resources, we can minimize delays and ensure efficient progress. By leveraging our extensive experience in fraud investigations and legal strategies, you can navigate the complexities of the legal system with confidence, saving valuable time in the process.

We also recognize the financial burden that fraud can impose, and we are committed to providing cost-effective solutions. Our competitive rates for services, private lending options, and expert negotiation skills can help you save money while maximizing the value you receive. Rest assured that we strive to optimize your resources, enabling you to fight fraud without breaking the bank.

Partnering with FRAUD STOPPERS significantly increases your odds of success. Our proven track record and extensive network of experienced professionals ensure that you have the best possible resources at your disposal. From expert witness testimonies to strategic litigation packages and effective debt settlement negotiations, our carefully curated products and programs have a track record of achieving favorable outcomes. With FRAUD STOPPERS by your side, you can maximize your chances of holding fraudsters accountable and obtaining the justice you deserve.

By choosing FRAUD STOPPERS, you can save time, save money, and increase your odds of success. Our proven products and programs, combined with our commitment to your cause, empower you to reclaim your future. Take the first step towards justice by completing the form below.

Remember, with FRAUD STOPPERS, you have a trusted partner dedicated to saving you time, money, and increasing your chances of success. Let us fight by your side and help you put an end to fraud once and for all.

Our commitment to your success knows no bounds. We are constantly expanding our services and partnerships to provide you with the most effective tools in the fight against fraud.

Ready to get started?

Simply complete the form below to begin your journey towards justice. Once submitted, check your email inbox or email spam folder for detailed instructions on how to move your file forward.

Remember, you don't have to face fraud alone – FRAUD STOPPERS is here to champion your cause and bring you the justice you deserve.

Join us in the battle against fraud today!

Complete the form below and then after submission, check your email inbox or spam folder for detailed instructions on how to move your file forward to get the legal remedy you seek and deserve.



Fraud Stoppers Logo

THIS SITE IS NOT INTENDED TO BE MISCONSTRUED AS LEGAL ADVICE. FRAUD STOPPERS is a Private Members Association PMA. FRAUD STOPPERS PMA is NOT a law firm, non-profit organization, or government agency.  FRAUD STOPPERS PMA does not operate in the public sector. Although this website is visible to the public  FRAUD STOPPERS PMA does not intend for any information contained in this website to be considered as legal advise.

The information about Foreclosure law and other legal information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only.  Information on this website may not constitute the most up-to-date legal or other information.  This website contains links to other third-party websites.  Such links are only for the convenience of the reader, user or browser; FRAUD STOPPERS and its members do not recommend or endorse the contents of the third-party sites.

Readers of this website should contact their attorney to obtain advice with respect to any particular legal matter.  No reader, user, or browser of this site should act or refrain from acting on the basis of information on this site without first seeking legal advice from counsel in the relevant jurisdiction.  Only your individual attorney can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation.  Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client relationship between the reader, user, or browser and website authors, contributors, contributing law firms, or committee members and their respective employers. This site provides “information” about the law and is only designed to help users safely cope with their own legal needs. But legal information is not the same as legal advice — the application of law to an individual’s specific circumstances.

The views expressed at, or through, this site are those of the individual authors writing in their individual capacities only – not those of their respective employers, FRAUD STOPPERS, or committee/task force as a whole.  All liability with respect to actions taken or not taken based on the contents of this site are hereby expressly disclaimed.  The content on this posting is provided “as is;” no representations are made that the content is error-free.

For instant access to an affordable local competent attorney click here


Spread the love