KABOOOOM!!!! NEVADA ATTORNEY GENERAL SUES LENDER PROCESSING SERVICES FOR FRAUD

4closureFraud's picture

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Zero Govt's picture

Attorney sues the fraudulent lawyers... 4yrs and counting at long last...no banks (yet) are indited who hired them and are the entire reason for this endless criminality kicking off

Hopefully the rest falls like dominos once the snake oil (legal) industry are skewered

 

 

PS. the inditement case file says 'Contact Jennifer Lopez'. Could i have her Mobile please? ..to set up a lunch date (cough), sorry, i mean business lunch 

 

Temporalist's picture

I scanned the article and that was the first thing I saw.  I imagine people calling and saying "I love your music!"

Careless Whisper's picture

8) Demanded a kickback/referral fee from foreclosure firms for each case referred to the firm by LPS

wooooahhhhh

Bartanist's picture

And yet, an attorney general, who has the legal position to do so is not charging them with criminal fraud.

Odd, no?

eatthebanksters's picture

Here's why Holder won't go after these corrupt cretins...

http://www.nakedcapitalism.com/2011/12/bill-black-dante’s-divine-comedy-–-banksters-edition.html

enjoy!  remember, re-elect Obama!  (I fyou want more of this shit).

j0nx's picture

Harry Reid no doubt in bed with all of them imo. Yet Nevadans keep reelecting that corrupt prick. No sympathy from me for Nevadans. They made their bed the last time they reelected Reid now it's time for them to wallow in it.

legal eagle's picture

Ad hominen and empty.....thumbs down, from a Nevadan who dislikes Reid but dislikes haters more.

Lmo Mutton's picture

Kaboom is right.

monoloco's picture

Now, if they'd just go after the banks that knowingly contracted them to file the fraudulent docs.

rmsnickers's picture

Fuck yeah, I just copped JLo's digits...thanks 4closurefraud.

WTF_247's picture

3 ... 2 ... 1

 

Thats about how long it will probably take Eric Holder to serve up a lawsuit to prevent Nevada from protecting its citizens from fraud.  They will claim federal superiority.  After all, that works with immigration and almost everything else.  I would imagine he is already on the case now, preparing for Monday to put an end to this.

Gromit's picture

Too ****** early again! (LPS September Puts)

LasVegasDave's picture

By all means, lets keep the deadbeats in their homes as long as possible.  Who cares if they dont pay property taxes either.

Hell, maybe the taxpayers (FNMA, FHLMC) should just give the scumbags the houses as compensation for the emotional distress they suffered.

eatthebanksters's picture

you sir, are an example of an ignorant fuckball.

ebworthen's picture

That's the problem.

If you don't hold banks, lawyers, and politicians accountable for fraud, how can you expect people to pay their mortgage or taxes?

VodkaInKrakow's picture

By all means, let us keep zombie banks and deadbeat mortgage lenders propped up after they have systematically destroyed several hundred years of best practices regarding land ownership that served so well. They f*cked up so badly, through greed and fraud, that no one is quite sure who owns what. This is called Rule of Law. If you can not hack it, go live in Zimbabwe. They take dollars.

RULE OF LAW, BITCHEZ! IT WORKS BOTH WAYS.

It is ignorant posts like yours that require a swift kick in the ass. What, you jealous that your lender didn't give you a subprime and help you falsify your sheiesse? Kurwa!

LasVegasDave's picture

Why do you presume I support the banks?  Im not in favor of bailing them out.  In fact, its high time that crony capitalism gets exposed and criminals prosecuted. 

Same for lying-ass mortgage brokers. 

But deadbeat borrowers dont get a free pass. 

If you dont pay your mortgage, get the fuck out of the house. 

Pretty simple.

eatthebanksters's picture

What if you lost your job as a result of an econmy that imploded because of criminal acts by the banks...if the law says there has to be a chain of title and there is none recored do the current property owners have legal standing?  Yes they do! Politicians have stood in the way of the law beingapplied properly.  If the securitization of the note was improper and thus invalidates the note, does the current owner/occupant have standing?  Under the law they do, but political animal AG's have not pressed on on behalf of the wronged because the party that is guilty controls the money (an frankly there are major financial and economic ramifications for going after the the TBTF banks).  The guvmnt has basically chosen expedience over the law and in doing so has set anexample for every US citizen that breaking the law for personal gain if quite alright.  Sometimes learning from our mistakes is painful.  I say cleanthe shit up right, let the chips fall where they belong and hang the guilty.  At least we can start out fresh  with real market conditions andfaith that our system of laws actually works.

ebworthen's picture

Problem = moral contract broken

Magna Carta = void

Individual Property rights = rescinded, all property now owned by municipality for tax revenue purposes (see "KELO" decision by Supine Court)

LeBalance's picture

if you made a clerical / criminal related "error" (the documents never were) whose result is that you hold NO legal paper on the loan you gave me, you have NO right to collect it and You are stuck "sucking it up" (C. Munger).

I have a free house.  You have a loss.

MrBoompi's picture

Fraud is now the accepted business practice of the Government/Wall St partnership.  NO lawsuit will allowed to harm it.

LeBalance's picture

"now" ???

new in these parts?

VodkaInKrakow's picture

Never underestimate the power of a State AG harnessing people power when seeking higher office. If she does this right, she will crush all contenders for office. Obama could have done it, yet he remains the servant of Wall Street.

eddiebe's picture

Hard to believe. What's going on here?? Could it really be that we the people have actual champions?

BennyBoy's picture

What the hell took her so long?

legal eagle's picture

Takes time to investigate.  She also was instrumental in passing the law where lenders foreclosing in Nevada must sign an affidavit stating they own the note under penalty or perjury before they can start the foreclosure process.  September Notice of Defaults 4000, October 688.  She has effectively stopped the banks from foreclosing on loans they dont own.  Smart girl.

Below Zero's picture

Holy bat guano! Do my eyes deceive me or is she not even up for reelection in 2012? Wow! How refreshing! How many politicians seeking donors and looking at 2012 elections will now jump aboard the sue the banksters gravy train? 

VodkaInKrakow's picture

Right on the money-gold. If she wins this, that is a lot of votes. Something the kurwa suka pols in Washington have not yet realized. To comfortable and short-sighted.

chunga's picture

Fraud? That's not possible. The pigmen would never do anything fraudy...or crimey.

tOO BiG To fAiL LOan MOdIFiCATioN FOrm r.1.A.002.B.XXXX

(Link goes to Hamlet pdf embeds)

FreudianSlip's picture

Every now and then Nevada gets it right.  They do have a sense of supporting personal rights and individualism.

 

Hooray for Catherine Masto.  Fire Eric Holder and let Catherine do his job.  We are finding our people to support politically during this chaos.  Make notes.

LasVegasDave's picture

Catherine is a tool of puppet master Harry.

Its amateur hour in Carson City, trust me.

chunga's picture

Sorry...but if you're casting your lot with LPS you might not be very trustworthy..lol.

SmittyinLA's picture

Soo the victims were bottom feeding scumbag foreclosure mill lawyers?

Cry me a river, who gives a shit?

Dr. Horrible's picture

Couldn't happen to nicer people.

I wish other state attornies would join this lawsuit.

 

monopoly's picture

We got ourselves a real Lady here in Nevada. Ms. Masto YES!

VodkaInKrakow's picture

Wait and see. Hope for the best. Be prepared for the worst. That is all.

tony bonn's picture

go cathy go!!!

sue those assholes into area 51 and then drop an abomb on the whole abortion....

apberusdisvet's picture

Can we claw back Mozilo's "get out of jail free" card?  He should be stoned in a public square on PPV.

VodkaInKrakow's picture

Bernanke. Geithner. Summers. Rubin. Bush. Cheney. Frank. Dodd. Obama. Congress.

 And we have not even gotten to theIMF, World Bank, High Street, Europe, Asia, and everywhere else. That is a long list.

Of curse, we are speaking metaphorically.

ddtuttle's picture

And sell tickets to throw the rocks.  I'd pay $100 per rock!

Doubleguns's picture

Nevadas in 49 to go.

Sweet Chicken's picture

Isn't this the case where the whistle blower Tracy Lawrence suddenly took her own life!?

 

http://www.huffingtonpost.com/2011/11/30/tracy-lawrence-whistleblower-de...

 

 

Sofa King's picture

Must have drowned in the Hot Tub.

Careless Whisper's picture

nah, that's the preferred suicide method used buy oil companies.

Careless Whisper's picture

the cause of death has not been determined. there was no suicide note.

VodkaInKrakow's picture

Does a pillow over the face count? Done right, it counts as 'natural causes'.

Dr. Horrible's picture

Yes, In typical Las Vegas fashion.

Two to da head, one in the chest, gun in left hand.

 

High Plains Drifter's picture

kind of like hunter s thompson, the man who saw too much and filmed too much of certain individuals who were into doing bad things to children............as portrayed in the book,  the franklin coverup...........

VodkaInKrakow's picture

Wasn't he on the phone when he popped himself? And remember that case in Belgium?