http://topclassactions.com/lawsuit-settlements/lawsuit-news/153210-hsbc-and-phh-hit-with-class-action-lawsuit-over-unnecessary-mortgage-fees/
...let's all pile on!
http://topclassactions.com/lawsuit-settlements/lawsuit-news/153210-hsbc-and-phh-hit-with-class-action-lawsuit-over-unnecessary-mortgage-fees/
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http://www.housingwire.com/articles/34968-exec-at-center-of-first-tarp-bank-failure-gets-8-years-in-prison
Finally, the federal mortgage fraud task force gets their man! With a rap sheet longer than Michael Brown, seven counts of various conspiracies involving the disappearance of $1.1BN, and losses to FDIC of $677,000 Ebrahim Shahudin is moving to the Graybar Hotel. Eby appears to be the first person we've caught for the widespread looting of America by the Wall Street Boys. To make matters even worse, Eby will return $347,000 of his ill-gotten gains. Hey, Eby, can you send me a new license plate down to Texas? Do you take PayPal? People of Earth – Law enforcement is not abandoning you to the depredations of your financial institutions. FIRREA of 1987 assigned enforcement of all these actions, both criminal and civil to the USAG. Our USAG has been busy,busy,busy, with his/her Mortgage Fraud Task Force devising, enforcing, and monitoring consent judgments resolving all this corruption and decay. Eric Holder’s big achievement has been the recovery of some $80BN+ in fines and restitution from these vampire squids. OTOH, Eric Holder’s big achievement has been selling protection from prosecution to these institutions for a ridiculously cheap amount of some $80BN+. No one has yet appeared before a jury or gone to the Graybar Hotel. I am helping Loretta at the moment down in New Orleans 5USCA #14-51224. I expect we’ll have a new USAG soon, and we may make some meaningful progress. These things take time.
Meanwhile, in the monitoring reports by Joseph A Smith, we have new judicial theory and practice. Some of these multinational financial syndicates service more than 10,000 mortgages/month. Some service millions. In lieu of the $1M fine per error that they have consented to, and in view of the vast sums involved, we have devised a threshold error value, below which no penalties will be assessed or paid. For instance, if you service 100,000 mortgages (with your eight employees), you are allowed .05% errors, which may be forgiven. 100,000*0.005 = 50 mortgages. It is allowable to accidentally foreclose 49 houses, before being exposed to fines or incarceration, which seems only fair. This philosophy has not yet made it to the national bar exams, but we should see some questions next year or so. To simplify, if you were to arrest 100,000 black kids (about a day’s work in America), you might accidentally shoot and kill 49 of them, at that threshold error rate. 99-1/2% of #blacklivesmatter, but 1/2% doesn’t matter that much. Or if you’re a neurosurgeon, and you practice on 100,000 patients in your lifetime (or if Medicare patients, about two weeks)…the first 49 deaths are free. But, you should be pretty careful after that. :) Senator-
I have been acting on behalf of Eric Holder in a qui tam action vs. a large financial since November 2012. As Eric has passed on, I now act qui tam Loretta Lynch. We're at 5th USCA currently, #14-51224, awaiting judgment before proceeding to SCOTUS. You are in receipt of my draft SCOTUS filing by separate cover. Que cera, cera. I've had some issues finding and securing qualified and competent counsel, but have been and am completely comfortable proceeding pro se. I'm a retired steel mill engineer, and have certainly completed projects of similar complexity. I read the rules, and now have practiced before county/state jurisdictions, federal District Court, Federal Appellate Court, Federal Bankruptcy Court, and am now considering and preparing for SCOTUS. It would be to my advantage if I were admitted to the American Bar Association as an attorney, like your self. I wonder if I could 'read the law,' under your guidance and take the bar exam in Vermont. Vermont is one of the four states that accept such experience. As far as the MEE and MPT go, I've now amassed ~2,750 pages of pleadings, motions, replies, responses, briefs, et infinimo cetera, and have a comfortable body of work for review. I am of good character. Would you be interested in serving as advisor in such an arrangement? Please let me know earliest. Thanking you in advance. /s/ David McCrae - [email protected] - www.phmortgagemustbedestroyed.weebly.com August 28, 2015
Ben Carson C2-POTUS United States of America On the Trial If it’s Friday, This Must Be Syracuse Dear Ben, I hope things are going swimmingly in your campaign today. Like Paul, you are carrying a new message which must be heard. It sounds like you are having some good effect. I’d like to send you a few thoughts on the Judiciary, which one day may be yours. In my engineering life, many years ago, I remember one night back around 1986 or so, when I had a crew welding up our slabbing mill, through which the operators had cranked a cold bar, and broke right in half. We were all taking turns welding it up, about a three-day undertaking. We heard a big boom, about 0300, louder than thunder, and with those aftershocks which you feel in your bones and sense more trouble out there somewhere. I peeked out of the slabbing mill, and saw a nice sized chunk of the BOF roof lying in the courtyard. I took a couple of my welders over to see what was up, as I knew I would be getting a phone call soon inquiring of things. They had dropped a water cooled lance in the furnace somehow, encapsulating a chunk of water, which quickly turned to steam, and blew up half the building, the south half. These things happen, nobody was killed. I had a little rig available over at the blast furnace, we had some slag trucks in the vicinity, so I pulled a few people off my crew and we started picking up stuff. I was making a list of spare parts we could start to gather when it got light, and Jack Bush, our CEO, walked up behind me. ‘What happened here?’ he asked, as Jack Jenkins was not in work yet. I told him the roof had just blown off the building due probably to a stuck lance, and he advised me to call the structural shop and get them out posthaste. I replied that I was the structural shop, I was new in town, and we hadn’t met yet. We looked around, and he realized it was my crew loading up debris, cutting up the big chunks, and my trucks were busy hauling. I continued to move up in rank and responsibilities, most of my life. I think about this time you were working in Australia, and weren’t quite CEO at Johns Hopkins yet. I know John Hopkins was running their emergency rom back then, prior to your hire, they were certainly operating during your period of responsibility, and they are most likely peacefully operating now. A big organization depends on responsible people, and responsible people are pleased to serve the purposes of a large corporation. The Supreme Court is languishing. I hope one day they may be yours. In the spirit of constructive improvement, I hope you will consider my input. I’m sending you a calendar of the 2016 session, which is issued today. You will note that they have scheduled 36 working days, of 365, and their workload is completely docketed. It’s hard to coordinate nine people’s vacations so far in advance, so you can see they have just scheduled the whole court on vacation for June, July, and August. The trouts bite every day in Vermont, but some days are too rainy. This is customary. I have a case currently languishing at 5th USCA down in New Orleans, awaiting oral argument or judgment. We have fully briefed the case, since March of this year. Just as a precaution, I’m sending you my draft writ of certiorari to SCOTUS. We won’t be docketed for 2016, which is published today, but I want to be ready for 2017 when it jumps out from behind the corner. Now, I’m just asking, is this any way to run a railroad? Imagine if we hired nine more Justices, like an A crew and a B crew. We could easily schedule 72 days of work in the hearing chamber, and both crews could easily manage their ex-parte meanings, conferences, inquiries, amici curiae presentations, write-up reviews, et cetera, outside the court, where they now occur, at no inconvenience to anyone. We could accomplish two years of work, in one year. I know that you weren’t the only neurosurgeon at Johns Hopkins, and other neurosurgeons and their crews were and are able to employ that neurosurgical theater, effectively, every day. This is how business is routinely done in America, and why America is such a great place to live. I think our nine Justices make about $500,000/yr. all in, with $2m or so in staff. Don’t forget they have a batch of interns, who work for free. I was never able to do that, but I hear it’s great for one’s future career, and well worth the expense of $0.00. With two crews working, we would have increased payroll of ~22.5M or so. My case alone, represents a dispute of ~$50 Billion (with a B), and I am certainly willing to drive up to Washington and argue it, at the convenience of the Court, either the A Team, or the B Team. We might be able to achieve our goal in 2016, and 2017 would be open. Now, imagine an A-Team, a B-Team, a C-Team, a D-Team, an E-Team, an F-Team, a G-Team, an H-Team, a J-Team, and a K-Team. We could accomplish TEN YEARS WORK each year, and 90 more Americans would have good jobs. This is why You, Donald, and Carly are being received so favorably by Americans all over America. We’ve been Down So Long It Looks Like Up to Us. Keep up the good work. Non illegitimati carborundum est. Sincerely yours, /s/ David McCrae BTW, I love the bumper sticker. I’m seeing more all around. Gentlemen,
I am in receipt of your motion for protection. Thank you for mentioning to the court that I oppose it. I would caution you that such a motion does not and cannot apply to my actions in this matter, as I am not a member of the bar, in any state, and am not limited by any statute or custom in any way in my own action. This is embodied in the Constitution of the United States, especially the First Amendment, clarifying the entire document, and which forms the underlying basis of all our laws and statutes in this country. This is a case of consumer fraud, moved up from local courts, through federal bankruptcy courts, through federal District Court, and now languishing at 5th US Circuit Court of Appeal #14-51224. As you note, our briefing is complete, and we await oral argument in support of our claims. The matter is relatively complex. Strangely, we’ve never met. We’ve never had a mandatory dispute resolution meeting. We’ve never participated in an arbitration proceeding. We’ve never met with a judge or administrative judge in any ex parte discussion. We’ve never conferred over a docketing schedule. We’ve never moved for discovery of any material. We’ve never met before a jury. A jury has never been empanelled or considered our dispute, which exceeds $20. In short, our relationship to date has only involved attempted intimidation by any and all means available to a multi-million dollar corporation with agents in 46 states of 50, excluding Hawaii, Colorado, Nebraska, and Illinois, though your client may also be operating in those states without formal registration. Such is a matter for discovery, never pursued. Your client pursues ~23,000 foreclosures per business quarter, based on publicly reported information, and expends ~50M/quarter in legal expense in pursuit of his ongoing racketeering influenced corrupt practices. I continue to represent the current USAG, Loretta Lynch, and stand in opposition to those practices. I continue to employ my standing as a physically damaged person, Class Member 0, and any of my own resources necessary to recover my own damages, and those of my Class. I continue to seek qualified and competent counsel. I continue to act in the public interest, among other interested citizens. I am not an attorney, and provide no advice, assurance, or warranty to the public. My patience is not infinite. Probably we should meet, if only to clarify our thoughts. I’m looking forward to oral argument in New Orleans, and I will also be conducting a teach-in on Lafayette Square on the day prior to our court procedure, talking with the populace, talking with the media, and screening the movie Inside Job, a very apt and educational documentary directly relevant to our own differences. Should you decide to make yourself available for a meeting and an attempt at a good faith resolution of our issues, I am available. Should you desire, I will require a meeting here in Austin at our local FBI field office, in the presence of a US Attorney. We will videotape all discussion. You may offer any information you wish. You may avail yourself of any outside resources. Ours is only a civil matter at the moment. Any criminal issues encountered will be preserved for use by others, but I have no interest in incarceration and feeding of your clients. I want my money. Prior to or during our meeting, I will require for review-
I accept and am fully conversant with electronically stored information, in any form. For Truth, Justice and America, David McCrae [email protected] For Free Distribution, unlimited in any way It’s getting pretty tough to be a giant multimillion dollar mortgage servicer these days. There are apparently a lot of errors being made by their computers, and each error potentially leads to a pissed off client, and even worse a (multi)million dollar fine, or (unthinkably) a short stay in the GrayBar Hotel. With modern technology, even federal prosecutors can delve into your computers and print out Electronically Stored Information of each fraudulent act. When all these acts are printed out, the defense has to turn to issues. Current leading edge economic theory is that, in such cases, should you hold 1,250,968 mortgages, theoretically your computers might commit about 1.25% errors, or 15,637. You might inadvertently repo a house with people still living in it, possibly as many as 15,637 of them, each house being worth a median of $138,625, or $2,167,692,987.50 total erroneous income. The issue might be that this many errors of relative insignificance should not be considered criminal, just an unfortunate consequence of the Economic Law of Large Numbers. It’s unfortunate for the people who used to live there, but within acceptable limits for the banks. On the other hand, by way of risk mitigation, the banks might accidentally give away 15,637 properties, and post a loss of $2,167,692,987.50. This situation would definitely require an explanatory footnote in the quarterly report.
We’re considering this issue today, among ourselves, and soon will call in the jury. Oh Happy Friday! You can come out from under your bridge now. At least some of us can. The first round of consent judgments have been satisfied and some of these companies can return to normal business. Some can't, of course, because they remain noncompliant and show no signs of effective, lasting change. Some prohibitions must remain. And it turns out that there are a lot of unclaimed funds, since people haven't been reporting their last addresses. So if your last address is General Delivery, Austin Texas, come on out from under the bridge and get your check! Or it will be turned over to Unclaimed Funds.
https://livinglies.wordpress.com/2015/06/19/occ-finds-6-banks-have-not-complied-with-consent-orders/occ-nr-2015-6-servicers-actions-restricted-and-3-services-released-2015-06-17/ Then you can go back under your bridge. See ya, wouldn't want to be ya! PHH had a bad day in court last year with the CFPB Administrator in CFPB's first ever administrative action, when they were order to pay back $6.4 million in fraudulent reinsurance fees. They had an even worse day on appeal in 2015 when the administrative judge recalculated the penalty up to $109 million. Our claim vs. PHH excludes reinsurance, which we have always felt to be trivial :)
http://www.acainternational.org/cfpbarticle-cfpb-director-richard-cordray-increases-mortgage-lenders-fine-in-administrative-ruling-36088.aspx The wages of sin in America are not Death, but they do appear to require a continuously enlarging set-aside. Then there are the legal fees to consider. Join us in New Orleans for Oral Arguments! It's pretty boring stuff, but outside on Lafayette Square we'll be screening INSIDE JOB, the movie, continuous showings all day! For free tickets, just tell them you're a Friend of Carlotta! (I'm them). Watch this space for schedule TBA.
-------------------------------------------------------------------- Hi Mike- I am acting pro se as litigation case manager in the matter of David McCrae v. PHH Mortgage and BBDFTE, et al in the 5th US Circuit Court of Appeal in New Orleans. I am in this matter representing Loretta Lynch, current USAG (yes, Eric Holder has left the movie). It is the duty of the USAG to enforce these matters, unless her dance card is full up, in which case any citizen can. I am any citizen. Your movie makes a fantastic opening statement, as I am sure you are well aware. It’s a little long, but I think it communicates the general situation in a very understandable format. These are complex issues. Freedom is another complex issue, and Apocalypse Now did us all a tremendous service. But I digress….I would be interested in showing your movie on Lafayette Square, in a public park in front of the courthouse on the day before oral arguments are presented. For oral argument within the courthouse, I am limited to fifteen minutes (excluding question time at the discretion of the three judge panel). I’d like them to be able to view the movie, maybe at lunchtime the day before, or after 5:00pm CDT, so they are able to formulate more intelligent questions. Maybe they will ask the movie to be screened in court, who knows? Question #1 - Are you interested in screening the movie? Question #2 - Can you provide a video truck, speakers, big screen like the Cleveland Cavs have for basketball and stuff, for the day? Question #3 - Would you like to invite some of your screen stars for autographs, etc? Question #4 - I’m planning to bring two of your minions into court with me for the actual argument phase, in non-speaking parts, just to serve coffee and finger foods while I do my schtick. There’s a costume rental place right up the street from the courthouse. Could you get me a discount? Or do you have better costumery available? or…REAL MINIONS??? The oral argument is not scheduled, but we will have 30 days notice. The appellant briefing, appellee reply, appellant reply, are all in. They’re really boring, but by tradition and regulation are all in 12pt, double spaced, b/w, 1” margin, etc. I have a little more freedom during the actual oral argument, anything that might improve communication or understanding. This is serious stuff. And to my knowledge, this is the first actual litigation of this timely issue that appears of some social significance. I’m funding this entire effort myself, and currently have $900 tied up IN PAUPERIS but pledged depending on eventual recoveries. My statement of claim is >$1,000,000,000 USD, or equivalent BitCoin, which I actually prefer. I can offer you half, or let me know what you feel is fair. At this point, I am only addressing the civil penalties. As you know, there are criminal concerns which need to be addressed in future, but I will need a little more active DOJ involvement by then. David McCrae [email protected] Save The World. Overwrite? (Y/N) -------------------------------------------------------------------- attn: Charles Ferguson Charles- I am intending using your film 'Inside Job' as a jury screening and issue familiarization tool to present complex economical issues in America in 1:28 or so. I am managing litigation on behalf of Loretta Lynch, as she is otherwise occupied. It was the same way with Eric Holder before this. These issues take time to work through the courts. I only have standing vs. PHH and BBDFTE, as they are the ones who stole money from me, and several million of my friends and associates. We never got to the jury at Western Texas District Court, so I am currently appealing that sad error before Fifth USCA in New Orleans. Among the many errors in the lower courts, skipping over the jury part seems the most puzzling to the appellate panel of three judges who have never owned a mortgage or flipped a house. Those judges have been recused. We've filed our appellant brief, the appellees have replied, I've replied to the appellees, and now we are all set for oral arguments. Sometime more than thirty days from today, a date will be set for our oral arguments, and we will each have 15 minutes to present our case to the panel. Everybody has read the few thousand pages of pleadings, responses, motions, replies, etc. we have accumulated to date. My opponents are very closemouthed and don't speak much. I have everything to gain with being as public as possible, and nothing to lose. I have accordingly waived all privacy concerning my own affairs, and post them on my website for anyone who lacks funds to read everything on PACER (Public Access Court Electronic Records). It's been a long time since all the financial skulduggery which you have done such a fine job documenting, and I believe I have the first case actually before the courts. I need to find a way to present these relatively complex ideas to a jury, so I had a brainstorm and said to myself 'Why don't I just show the movie?' As you may know, it's inadmissible; it's not double spaced, 1" margin, indexed and cited, properly bound to lay flat when open, and full of hearsay. Nevertheless, I've asked Sony how they might feel about showing the movie on Lafayette Square in New Orleans, in a public park right outside the courthouse, continuous showings for 24 hours the day before the oral argument. Maybe some movie stars might want to show up for autographs, etc. Maybe we could have a red carpet, bright lights, helicopters, sound truck, big screen TV, who knows? Would you like to participate in some form? This is all public information which would certainly not contaminate a curious judge or other bystander. The experience might be motivational to encourage searching for a deeper understanding of the issues, and asking more intelligent questions in court. It would be kind of like a teach-in. Or, if we bend the rules a bit, I can certainly screen it in court on my little iMac. Please let me know if you might have any interests or other ideas to generate publicity. I may have funds available. Thanks for your interest, David McCrae [email protected] Save The World. Overwrite? (Y/N) |
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