4closureFraud Action Alert – It’s Back! H.R. 3808 Interstate Recognition of Notarization Act of 2010

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Tue, 11/16/2010 - 23:17 | 733164 Newsboy
Newsboy's picture

HR 3808 = Robosigner Validation Act

Tue, 11/16/2010 - 23:05 | 733155 IrrationalMan
IrrationalMan's picture

tomorrow will mark the start for the interview process for the lame duck politicians, interviewing for their next job... =at the banks

Wed, 11/17/2010 - 01:19 | 733342 Fish Gone Bad
Fish Gone Bad's picture

+1

Tue, 11/16/2010 - 22:45 | 733126 Ned Zeppelin
Ned Zeppelin's picture

 

Vote "NO" to override the President's recent veto of H.R. 3808, the “Interstate Recognition of Notarization Act of 2010". It is not the time for this law to be passed.

This is an attempt to make it easier for the banks who have botched their paperwork in their mortgage securitizations to evade the requirements of law in connection with foreclosures - there is no other plausible reason for the "urgency" to pass this law.  

I am certainly open to other legislation to enable legal foreclosures and fixing minor errors, as long as it is coupled with prosecution for those responsible on Wall Street and elsewhere for the rampant fraud in the mortgage origination and securitization business that led to the financial crisis still hurting many Pennsylvanians. 

(sent tonight to Congressman Jim Gerlach)

 

Tue, 11/16/2010 - 22:21 | 733088 RECISION
RECISION's picture

Is there some way of getting the names of the Bills sponsors - and then all the names of all those who vote "Aye", and getting them listed up here?

There may not be an official record kept of the vote, but there must be a way to get the names.

Name and shame...  (or add to the hit-list... either/or)

Tue, 11/16/2010 - 21:43 | 733013 weinerdog43
weinerdog43's picture

Done.  Pretty sad that the banksters can jam this through. 

Tue, 11/16/2010 - 21:20 | 732972 RockyRacoon
RockyRacoon's picture

I just emailed my Representative to tell him (not urge) NOT to override the Presidential veto.  It was not a reasoned request -- it was a demand.

Tue, 11/16/2010 - 21:02 | 732947 Kina
Kina's picture

No wonder they wrote into the Consitution the right to bear arms. Not for protection against the British but the Banksters.

 

 

Tue, 11/16/2010 - 20:43 | 732909 iDealMeat
iDealMeat's picture

if this passes it will be the inflection point where I seriously consider:

1. ways to cheat the system.

2. missing mortgage and cc payments.

3. not voting

Tue, 11/16/2010 - 19:41 | 732775 ThroxxOfVron
ThroxxOfVron's picture

Secret & Anonymous votes are BULLSHIT.

The American Citizenry should not accept the Legality of ANY Votes to which their Representatives do not have the honesty to adhere their Names and whether or not they are FOR or AGAINST into the Congressional Record.

NOTHING Honorable can be done Anonymously by Congress in the Dark and off Record.

Tue, 11/16/2010 - 19:29 | 732746 George Washington
George Washington's picture

PLEASE VOTE THIS STORY UP AT REDDIT AND OTHER SOCIAL MEDIA SITES ...

Tue, 11/16/2010 - 19:23 | 732726 Fecund Stench
Fecund Stench's picture

Done.  Thanks

Tue, 11/16/2010 - 18:37 | 732591 greenewave
greenewave's picture

To find out more about the Imminent Collapse of the Global Economy, watch the YouTube video "Wall Street Thieves, Bailouts Galore, Broken America" at (http://youtu.be/I93dzfs8WIc).

The United States economy is rotten at the core and has been stolen from the American people by the Wall Street Thives that drove the Titanic into the iceburg in the first place!!

32 minutes ago

KA-BOOM! Crash will be any day now! It is going to be like nothing else ever seen? here or anywhere else in history. God bless!

-Anonymous

Tue, 11/16/2010 - 18:31 | 732573 Captain Thunderbolt
Captain Thunderbolt's picture

Mailed Rep and purchased 18k worth of phys silver yesterday.  Love to imagine it helping.

Tue, 11/16/2010 - 18:27 | 732559 Sam Clemons
Sam Clemons's picture

done as well.  aarskever, very true.  the bills that get crammed through always seem to have huge benefits to someone besides the majority of the people.

Tue, 11/16/2010 - 17:46 | 732383 fallst
fallst's picture

I still cant get over these voice votes?

I am shocked (actually other people are shocked that I'm shocked) , over these  House AND Senate 3808 voice votes!

No recorded voting! Done in secret! Like December 21 and 23, 1913..Has to be unanimous? So, 4 Repugnants can voice vote anything in at 2 am? What?

But the veto vote will afford them no secrecy this time.. 

Somebody is scaring the shit out of these guys...and now us, because of these obviously desperate acts of our elected officials.

Tue, 11/16/2010 - 20:34 | 732894 cdskiller
cdskiller's picture

The voice vote is the key bit of information. What the lobbyists have told them is that if the widespread fraud the banks committed is NOT made retroactively legal by way of H.R. 3808, the major banks would collapse and every single piece of shit toxic asset lawmakers just forced taxpayers to buy will be forever worthless. Trillions. Being semi-retarded to begin with, what they didn't realize is those assets are already worthless and the insolvency is impossible to avert. This is just about who eats the losses. Investors, ie, hedge funds and pension funds and sovereign wealth funds, or the banks. The lobbyists also told them that anyone who doesn't vote for it would be blacklisted. Democrats, desperate to NOT be on the record as complicit in covering up massive fraud, made a deal with Republicans to not put the measure up for an actual vote so they could hide behind the anonymity of just saying "aye". Republicans, knowing they already have the banks in their back pockets, agreed, with the quid pro quo being that Democrats would agree to the temporary extension of the Bush tax cuts.

May they all rot in hell.

Wed, 11/17/2010 - 04:35 | 733436 Jendrzejczyk
Jendrzejczyk's picture

Hope you don't mind, I did some slight editing to your post and sent it off to my Critter so he realizes someone is paying attention. Thanks

Tue, 11/16/2010 - 17:49 | 732465 aarskever
aarskever's picture

I have to say I find it pretty astonishing that there is political willpower to override a veto while at the same time nothing else gets done.. Amazing testament to the power of lobbies.

Tue, 11/16/2010 - 19:26 | 732735 Cleanclog
Cleanclog's picture

Concur, with disgust for our "leaders".  Woeful.

Tue, 11/16/2010 - 17:23 | 732368 flattrader
flattrader's picture

Also done.

You would think the keyboard commandos on ZH could at least mange an email to their Rep. rather than waste valuable keyboard strokes telling the rest of us what a wast of time it is.

Thanks for the ALERT.

Tue, 11/16/2010 - 17:00 | 732253 Village Idiot
Village Idiot's picture

Done.

Tue, 11/16/2010 - 16:55 | 732224 billhilly
billhilly's picture

Thanks for the link to the House.  I just emailed my rep.  It is easy to sit and do nothing but at least TRYING is certainly better than not.  Do I feel this'll make a difference, probably not, but you just never know.  Being able to be active is the best part of this country....now go and buy some Silver!

Tue, 11/16/2010 - 16:44 | 732182 StockInsanity
StockInsanity's picture

<Mr./Mrs. House Representative>:

I am writing you today and asking that you vote NO on HR 3808 that was vetoed by the president before ajournment a few weeks ago.

"H.R. 3808 Interstate Recognition of Notarization Act of 2010" is legislation that the banks of the country have pushed through sleezily trying to get around the FRAUD that they have perpetuated in the handling of mortgages.They securitized these mortgages and now no longer know who owns the pieces of them and cannot foreclose upon consumers who have fallen behind. Rather than have proper documentation showing chain of title they have not kept records showing the different organizations/trusts that owned these mortgages and have been accused of "Robosigning" foreclosure documents and creating out of thin air the chain of title that they need to foreclose. This legislation is to force courts to accept these "robosigned" documents that are notorized by notaries in states outside of their juristiction.

The banks are trying to cover their fraud, nothing more, nothing less.

Please vote NO on HR 3808.
Thanks

Tue, 11/16/2010 - 18:07 | 732510 xenophobe51
xenophobe51's picture

Submitted to Rep. Culberson with spelling corrections and the following edits:

I am writing you today and asking that you vote NO on HR 3808 that was vetoed by the president before adjournment a few weeks ago.

"H.R. 3808 Interstate Recognition of Notarization Act of 2010" is legislation that the banks of the country have pushed through nefariously trying to get around the FRAUD that they have perpetuated in the handling of mortgages. They securitized these mortgages and now no longer know who owns the pieces of them and cannot foreclose upon consumers who have fallen behind. Rather than have proper documentation showing chain of title they have not kept records showing the different organizations/trusts that owned these mortgages and have been accused of "Robosigning" foreclosure documents and creating out of thin air the chain of title that they need to foreclose. This legislation is to force courts to accept these "robosigned" documents that are notarized by notaries in states outside of their jurisdiction.

The banks are trying to cover their fraud, nothing more, nothing less. A 'yes' vote would make you complicit in this fraud. Don't be an accomplice.

Please vote NO on HR 3808.

Thanks

Tue, 11/16/2010 - 21:34 | 733002 illyia
illyia's picture

That is a very nice letter.

I think I will send one to my congress critters.

It cannot hurt.

 

Tue, 11/16/2010 - 16:40 | 732167 e_goldstein
e_goldstein's picture

email my representative?

bah ha ha ha ha ha.  a lot of good that did with TARP.

you want a real solution? listen to this French guy:

http://www.youtube.com/watch?v=-Uop5R7E314

Tue, 11/16/2010 - 16:40 | 732162 max2205
max2205's picture

Perfect....they can blame the outgoing losers....we are so fucked..

people 0, bankers 255364875895995

Tue, 11/16/2010 - 16:38 | 732156 Duuude
Duuude's picture

 

 

FTW

 

 

 

Tue, 11/16/2010 - 16:38 | 732155 New Revolution
New Revolution's picture

Small wonder the Norman's wanted to kill the Saxons,... they were long too and would sell their grandmother to the arabs to escape a hard down turn.

Tue, 11/16/2010 - 17:14 | 732333 Saxxon
Saxxon's picture

How much skin you have in this game?  I'd say zero.  Are you here to play or to whine? 

Tue, 11/16/2010 - 17:30 | 732394 Tortfeasor
Tortfeasor's picture

Please, anyone, tell me why you think this has any affect on mortgage foreclosures.  Cite to the text of the bill please.

Tue, 11/16/2010 - 21:44 | 733015 rookie
rookie's picture

I think that by allowing electronic notarizations it makes it easier for the banks to prepare the correct (back-dated) Assignments of Mortgages and also approves the electronic, digitized Promissory Notes ( since they shredded the real ones).

Tue, 11/16/2010 - 18:46 | 732610 Winston Smith 2009
Winston Smith 2009's picture

Just as with their credit card operations, they'd move all of their notarizing activities to the state(s) with the loosest requirements and then work to loosen them even more through bribes... I mean political contributions.

Eventually, the significance of "notarizations" which would be required to be recognized as valid by all other states would approach what they already are for robo-signers - "I have signed this document without looking at it."

Tue, 11/16/2010 - 16:30 | 732114 Saxxon
Saxxon's picture

The e-mails of the masses mean nothing to these people.  Why not get long right around now?  This bill WILL pass because it has to. 

That and the GM pump should put us in good shape for a long trade the next 72 hours.

Tue, 11/16/2010 - 20:55 | 732935 Kina
Kina's picture

Half of this is true.

The masses basically have a choice of two political parties, which are really one party split in two and each give a blue and red shirt and names like Republican and Democrat. But the name of the overiding party, the party before it is split into two shadows, is the Bankster Party. The bankster by their own hand have admitted that they own both sides of politics, utilise this power to push down the public to increase their wealth and power..aka the documentary

 

The Secret of Oz

http://www.youtube.com/watch?v=U71-KsDArFM&feature=player_embedded

 

If there is a way that Congress can override Obama's veto then they will, IF it is the will of the banksters.

 

 

Tue, 11/16/2010 - 20:46 | 732920 Squid-puppets a...
Squid-puppets a-go-go's picture

So what if they do pass it? does anyone think it will prevent people taking legal action? this bill might make the banks win more often, but there are a number of legal issues to fraudclosure that are ripe to be thrashed out in court - to the point where banks are still likely to settle out of court with sizable haircuts.

And the other aspect of this is, so what if the peasants are fucked over? its not going to stop the various stakeholders in the industry cannibalising each other to see who wears the cost for the meltdown

Tue, 11/16/2010 - 20:26 | 732882 Selah
Selah's picture

What part of TBTF don't the peasants that junked you understand?

The Fascist Train has left the station, so ya'll might as well make some money on the ride. It sure beats the alternative (as history has demonstrated).

Benito would be so proud of the former USofA.

 

Tue, 11/16/2010 - 20:23 | 732874 Buck Johnson
Buck Johnson's picture

Your spot on, it will pass.  Because without it the banks are open to fraud and lawsuits and even put backs by investors, for money they don't have.  Also the GM pump is exactly that, a pump.  They need GM to go up to 60 or 70 dollars a share and maintain for awhile in order for the insiders to make money and the retailers to then be able to buy at the top when it deflates.  The funny thing is that anyone that did just a little bit of research knows that GM doesn't even deserve 20 dollars a share.  They still got the legacy issues and the pensions and the Unions to still deal with, that hasn't changed.  All that happened was that the govt. made a special bankruptcy for GM and changed Bankruptcy law in order to protect a company that should have been at best sold off in pieces to pay off senior investors and/or go belly up.

This IPO is so controlled that it won't even be allowed to go down, just watch.  Our markets are nothing more but govt. controlled ponzie schemes.

Wed, 11/17/2010 - 00:50 | 733310 jeff montanye
jeff montanye's picture

oh the banks are still (wide) open to fraud lawsuits and put backs from investors (and, should the u.s. government ever prosecute anyone except whistle blowers or petit larcenists) tax suits based on abuse of the remic exemption.  the investor fraud is based on the (fraudulently described) bad mortgages knowingly put in the products sold.  the notary problems have to do, as i understand it, with clearing the tracks for processing foreclosures.

Tue, 11/16/2010 - 16:43 | 732180 Hook Line and S...
Hook Line and Sphincter's picture

You're correct. 

So this is what it feels like to be a boxer who can take a round of punches, but can't even throw a measly left.

Tue, 11/16/2010 - 23:59 | 733222 Problem Is
Problem Is's picture

Boxing's Latest Hype: The "No Hoper" Kid
The "Boxer" is a lanky fuck from Chicago with no resolve, no stamina, no guts, no nads and a glass jaw...

Takin' the Cash and Takin' a Dive
The "Boxer" is taking a dive in the 2nd round...

Because big money TBTF banks are giving the orders...

What Do You Expect?
The "Boxer" beat up a woman and an old man to get the title... Even then they were 12 round decisions...

Wed, 11/17/2010 - 00:43 | 733296 jeff montanye
jeff montanye's picture

great metaphor.  well done.

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