4closureFraud's blog

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"Sheu, an optimistic and philosophical man, often compared the United States with his original home in communist China. He told his associates and others that while in China whistleblowers were usually killed or imprisoned, he was certain that in the United States of America those pursuing justice would ultimately prevail. With this philosophy, Sheu was confident that if his story were known by the press and authorities, no one would dare harm him." It appears he was wrong...

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“Lenders are gangsters, and they can’t prove they own these homes. So they have no right to foreclose” AND “I plan to continue to take homes from Fannie Mae and Freddie Mac. I would buy them, but those groups can’t produce the notes showing they are the rightful owners to sell or foreclose on them.” So "I haven't been contacted by either entity nor has either one done anything to stop me"

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"This Court is mindful of the impact that this decision may have on the mortgage industry in New York, and perhaps the nation... Nonetheless, the law must not yield to expediency and the convenience of lending institutions. Proper procedures must be followed to ensure the reliability of the chain of ownership, to secure the dependable transfer of property, and to assure the enforcement of the rules that govern real property."