Some Home Foreclosures are Actually Disguised Real Estate Extortions (extracted from NEWSBLAZE: Some Home Foreclosures are Actually Disguised Real Estate Extortions)

Some people think that those who fall delinquent on their mortgage debts deserve whatever happens to them. Deadbeats, is what they call us, even when becoming delinquent on a debt was an unavoidable occurrence. Some of us (like me) did not know that marriage failure would bankrupt us. My story is about what collection on a loan via fraud and deception can do to a person.

For 4 years, I fought through the court systems to prevent the fraudulent taking of my home. In so doing, I was repeatedly ravished by merciless litigators. They caused me lost jobs and blacklisting. I was always vilified and made to seem like a crazy outcast. I was persecuted and castigated by judges; I spent lots of ill-affordable money in legal costs; my privacy was shockingly, repeatedly invaded; I was falsely arrested; at one occasion, I was so tormented, I went to the bathroom on myself; and my freedom yet remains in jeopardy. Also, there's an amazing plethora of distorted humiliating documents and statements about me in federal court records.

Foreclosure mill attorney, deliberately filed a foreclosure in the name of an entity which did not have standing for my New Orleans mortgage loan. I might not have been inclined to fight so hard for my home if it were not for the deceptive method in which I could lose it. Red flags led me to search and find out there was no "perfected lien" on my home; and that a novated loan document was not lawfully enforceable.

During litigations, an Affidavit (posted on my website), signed by the "successor" mortgage company came to light. Years, later, due to Wells Fargo filing a false IRS form 1099-A for my property, I had Internal Revenue enquiries. . ." *Read entire article @ http://newsblaze.com/story/20100411123047lawg.nb/topstory.html

*MORE READING ON ABUSIVE COLLECTIONS, AND FORECLOSURE INJUSTICE:

▬"Piling On: Borrowers Buried by Fees" by Gretchen Morgenson
http://www.nytimes.com/2008/04/20/business/20gret.html?hp

▬"DEBTOR'S HELL", a 4-part investigation by the Boston Globe
http://www.boston.com/news/specials/debt/

▬"Lack of Legal Help: One More Way the Deck Is Stacked Against Homeowners"
http://www.huffingtonpost.com/arianna-huffington/lack-of-legal-help-one-mo_b_310353.html

▬Super Future Equities Inc. v. Wells Fargo, et al.,
http://www.bankruptcylawnetwork.com/2007/05/11/what-are-those-mortgage-servicers-doing/
Paragraph 37- "pattern of initiating litigation. . .designed to further its own interests. . .at the expense of the Trust and the more senior Certificateholders." Paragraph 38- "expanded its business activities from those of a mere loan servicer to those of a market manipulator and unscrupulous "litigation machine."" Paragraph 64- ""After foreclosure, . . .ORIX makes "servicing advances," which include legal fees spent by ORIX to pursue claims against the borrowers. All of these "advances," as well as the interest thereon, are ultimately re-paid by the Certificateholders. At the time of foreclosure, ORIX receives additional foreclosure related fees, in addition to all the other fees collected from the Certificateholders. On information and belief, Wells Fargo benefits from these improper foreclosures by charging inflated and unexplained "expenses" to the Trust in connection with the foreclosures.""

"Boiler Room Justice in Louisiana"

http://www.lawgrace.org/2006/07/01/boiler-room-justice-in-louisiana/

“Response to: "Louisiana Courts' Low Ranking Based on Flawed Data" http://newsblaze.com/story/20100327052856lawg.nb/topstory.html