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GLOBAL SUB-PRIME CRISIS BANKILEAKS Click on our Secret Library of Evidence ------> |
BANKILEAKS Secret Library Loan Application Forms (LAF's) Then Click on 'VIEW NOTEBOOK' |
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BFCSA
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MORTGAGE
DISTRESS SOS
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What BFCSA Does...
BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide. Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years. For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams. She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.
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Whistleblowers' Corner!
"Confidentiality is assured."
Cartoon Corner
Denise Brailey
Led by award-winning consumer advocate Denise Brailey, BFCSA (Inc) are a group of people who are concerned about the appalling growth of Loan Fraud around the world. BFCSA (Inc) is a not for profit organisation in the spirit of global community concern and justice.
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BFCSA: American Mortgage Fraud: FBI says "its the Banksters." BFCSA Members agree
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Our Australian Federal Police need lessons from the FBI. Look at the difference in websites!. AFP are the perfect example how not to handle mortgage fraud by treating victims with contempt and failing to investigate the Banksters. Its all too hard for ASIC.
These scams hit us right where we live.
From foreclosure frauds to subprime shenanigans, mortgage fraud is a growing crime threat that is hurting homeowners, businesses, and the national economy. We have developed new ways to detect and combat mortgage fraud, including collecting and analyzing data to spot emerging trends and patterns. And we are using the full array of investigative techniques to find and stop criminals before the fact, rather than after the damage has been done.
General Information
- Overview
- Mortgage Fraud Reports: 2010 | 2009 | 2008 | 2007 | 2006
- Response to Article on Mortgage Crisis
Key Mortgage Fraud Scams
- Emerging Schemes
- House Stealing
- Reverse Mortgages
Distressed Homeowners
Yearlong law enforcement effort charges 530 and finds more than 73,000 victims.Details
http://www.fbi.gov/about-us/investigate/white_collar/mortgage-fraud/mortgage_fraud
| Just the Facts: Mortgage Fraud Statistics | |
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| - | 2011 losses: $7.4 billion in fraudulent residential mortgage orriginations (Source: CoreLogic) |
| - | FY 12 Mortgage Fraud Suspicious Activity Reports (as of 9/25/12): 69,030 with losses of $2.6 billion |
| - | FBI Mortgage Fraud Task Forces/Working Groups: 83 |
| - | Pending Investigations (as of 6/30/12): 2,307 with 71 percent involving losses of $1 million or more |
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Cases opened in FY 2011 (as of 2/28/2011): 245
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| - | Successes in FY 2011: 1,220 indictments/informations; 1,089 convictions |
| - | States with Significant Mortgage Fraud Problems in 2011: Florida, Nevada, Arizona, Michigan, Rhode Island, Georgia, California, Illinois, New Jersey, and New York (Source: LexisNexis 14th Annual Mortgage Fraud Report) |
Duped
Australian Federal Police are you listening, at least the FBI are trying to do something. You guys are just as guilty as the banksters for not lifting a finger and trying to help Australian citizens from this ridiculous scam. Get off your lazy butts and do something, we have all the evidence you will ever need. Contact us!