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MORTGAGE FRAUD WAS NOT ONLY NEVER FIXED, BUT IT WAS ALSO NEVER CHANGED AT ALL. FORECLOSING PARTIES ARE STILL ASSIGNING MORTGAGES AND DEEDS OF TRUST TO TRANSFER THE OWNERSHIP OF YOUR DEBT. THE SUPREME COURT MADE IT CLEAR THAT AN ASSIGNMENT OF A MORTGAGE HAS NO EFFECT... IN 1872!

Wednesday, April 12, 2017

MY NEW METAPHOR FOR "MORTGAGE FRAUD" IS A GAMBLING CASINO THAT LET'S NO ONE WIN WITHOUT ANYONE REALIZING IT

“He snorted and hit me in the solar plexus. I bent over and took hold of the room with both hands and spun it. When I had it nicely spinning I gave it a full swing and hit myself on the back of the head with the floor.” 
                      Raymond Chandler
by Danny Hammond

This was originally posted 04-16-2016 on this website.  I am reposting it because I like it.


I am always trying to find a simpler way to describe how there could even possibly be so many illegal foreclosures because it has been very difficult to explain to someone who is unaware of the size and scale of the scheme of something that really is kind of unbelievable.


Then in a conversation yesterday I thought of an example of how something could be done right in front of the eyes of everyone without anyone seeing it.


Let me know if you think this is a good metaphor for Wall Street and Mortgage Fraud.




A casino decides to not let anyone win. There are 1000 people on the gambling floor, but few of them know each other. All of them are losing consistently. 

Each of them thinks that they are having a bad night of gambling because "it happens". 


All of them go home losers, but they have no clue that everyone else went home a loser too.


There were no winners. It never occurs to any of them that all of them have been robbed in plain sight.


Of course, the casino keeps all of the money because no one knows it is missing."

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