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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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Explosive Revelations!! Affidavit of Whistle Blower - Bank Insider

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.......Make your eyes bulge .....will I.....Hmm?
...... Much to learn you still have.....
.insider documents.....bring Yoda.....a must read....

All is possible...........Justice and weapons,..... I carry.......
Kryptonite........ strike deep into the dark  hearts of the evil bankers....... it will........

This is just the beginning! ............The Force is with you!

 



NY Attorney General Eric Schneiderman is suing JPMorgan over "multiple fraudulent and deceptive acts" in selling mortgage-backed securities causing losses of over $20bn.

The complaint contends that Bear Stearns and its lending unit EMC Mortgage defrauded investors who purchased mortgage securities packaged by the companies from 2005 through 2007. The firms made material misrepresentations about the quality of the loans in the securities, the lawsuit said, and ignored evidence of broad defects among the loans that they pooled and sold to investors.

Moreover, when Bear Stearns identified problematic loans that it had agreed to purchase from a lender, it was required to make the originator buy them back. But Bear Stearns demanded cash payments from the lenders and kept the money, rather than passing it on to investors, the suit contends.

The action does not focus on a particular deal that harmed investors or an individual who was central to a specific transaction. Rather, the suit contends that the improper practices were institution-wide and affected numerous deals during the period.

Affidavit of Whistleblower from Clayton + Watterson Prime (Mortgage Due Diligence Firm) in Ambac vs. EMC

 

 

DTI = Debt to Income  LTV = loan to Value  CLTV =  all Client Loans to Total Value

Evil Bankers ......over confident are they,.......

..... the Force of Justice,....... is with us,....... once initiated............ what a powerful ally it be....

....  the very foundations strike we.....an Kryptonite missile launched be , .......targeting the Evil Empires very core .......impaired it be.......

Powerful you have become,.........use the Force wisely.....

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  • Denise
    Denise Tuesday, 02 October 2012

    GO YODA! Banksters beware....we are coming after you with weapons of choice - documentary evidence
    [email protected]

  • doyla66
    doyla66 Tuesday, 02 October 2012

    AOFM HELLO: improper practices institution-wide; quality misrepresentations > ignored evidence of broad defects in securities among the loans that they pooled and sold to investors.

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