Dubious Fees Hit Borrowers in Foreclosures
Key Excerpts from Article on Website of New York Times
Dubious Fees Hit Borrowers in Foreclosures
New York Times, November 6, 2007
Posted: 2007-11-11 08:49:49
As record numbers of homeowners default on their mortgages, questionable practices among lenders are coming to light in bankruptcy courts, leading some legal specialists to contend that companies instigating foreclosures may be taking advantage of imperiled borrowers. Because there is little oversight of foreclosure practices and the fees that are charged, bankruptcy specialists fear that some consumers may be losing their homes unnecessarily or that mortgage servicers, who collect loan payments, are profiting from foreclosures. Bankruptcy specialists say lenders and loan servicers often do not comply with even the most basic legal requirements, like correctly computing the amount a borrower owes on a foreclosed loan or providing proof of holding the mortgage note in question. “Regulators need to look beyond their current, myopic focus on loan origination and consider how servicers’ calculation and collection practices leave families vulnerable to foreclosure,” said Katherine M. Porter, associate professor of law at the University of Iowa. In an analysis of foreclosures in Chapter 13 bankruptcy, the program intended to help troubled borrowers save their homes, Ms. Porter found that questionable fees had been added to almost half of the loans she examined, and many of the charges were identified only vaguely. Collectively they could raise millions of dollars for loan servicers at a time when the other side of the business, mortgage origination, has faltered. In one example, Ms. Porter found that a lender had filed a claim stating that the borrower owed more than $1 million. But after the loan history was scrutinized, the balance turned out to be $60,000. And a judge in Louisiana is considering an award for sanctions against Wells Fargo in a case in which the bank assessed improper fees and charges that added more than $24,000 to a borrower’s loan.
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U.S. Military Wanted to Provoke War With Cuba
2001-05-01, ABC News
In the early 1960s, America's top military leaders reportedly drafted plans to kill innocent people and commit acts of terrorism in U.S. cities to create public support for a war against Cuba. Code named Operation Northwoods, the plans reportedly included the possible assassination of Cuban emigres, sinking boats of Cuban refugees on the high seas, hijacking planes, blowing up a U.S. ship, and even orchestrating violent terrorism in U.S. cities. The plans were developed as ways to trick the American public and the international community into supporting a war to oust Cuba's ... Fidel Castro. America's top military brass even contemplated causing U.S. military casualties, writing: "We could blow up a U.S. ship in Guantanamo Bay and blame Cuba," and, "casualty lists in U.S. newspapers would cause a helpful wave of national indignation." The plans had the written approval of all of the Joint Chiefs of Staff and were presented to President Kennedy's defense secretary, Robert McNamara, in March 1962. But they apparently were rejected by the civilian leadership and have gone undisclosed for nearly 40 years. The Joint Chiefs even proposed using the potential death of astronaut John Glenn during the first attempt to put an American into orbit as a false pretext for war with Cuba. Should the rocket explode and kill Glenn, they wrote, "the objective is to provide irrevocable proof ... that the fault lies with the Communists." The scary thing is none of this stuff comes out until 40 years after.
Note: Why was ABC the only major news source to report on this highly revealing story? Read the shocking declassified documents on Operation Northwoods. Many military and political leaders look at the world as a grand chessboard. Sacrificing pawns (innocent civilians) is sometimes necessary to capture the queen. Explore revealing news articles on military corruption. Then check out eye-opening 9/11 news articles.
Inside the secretive Bilderberg Group
2005-09-29, BBC News
How much influence do private networks of the rich and powerful have on government policies and international relations? One group, the Bilderberg, has often attracted speculation that it forms a shadowy global government. Every year since 1954 [they have brought] together about 120 leading business people and politicians. At this year's meeting in Germany, the audience included the heads of the World Bank and European Central Bank, Chairmen or Chief Executives from Nokia, BP, Unilever, DaimlerChrysler and Pepsi ... editors from five major newspapers, members of parliament, ministers, European commissioners ... and the queen of the Netherlands. The chairman ... is 73-year-old Viscount Etienne Davignon. In an extremely rare interview, he played down the importance of Bilderberg. "I don't think (we are) a global ruling class because I don't think a global ruling class exists." Will Hutton ... who attended a Bilderberg meeting in 1997, says people take part in these networks in order to influence the way the world works, to create what he calls "the international common sense". And that "common sense" is one which supports the interests of Bilderberg's main participants. For Bilderberg's critics the fact that there is almost no publicity about the annual meetings is proof that they are up to no good. Bilderberg meetings often feature future political leaders shortly before they become household names. Bill Clinton went in 1991 while still governor of Arkansas, Tony Blair was there two years later while still an opposition MP. All the recent presidents of the European Commission attended Bilderberg meetings before they were appointed. Informal and private networks like Bilderberg have helped to oil the wheels of global politics and globalisation for the past half a century.
Note: Why is this meeting of top world leaders kept so secret? Why, until a few years ago, was there virtually no reporting on this influential group in the major media? Thankfully, the alternative media has had some good articles. And a Google search can be highly informative. Explore many other revealing major media news articles on powerful secret societies. And for those interested, check out reliable, eye-opening information covering the big picture of how and why these secret societies are using government-sponsored mind control programs to achieve their agenda.
[9/11] Hijack 'suspects' alive and well
2001-09-23, BBC News
Another of the men named by the FBI as a hijacker in the [9/11] suicide attacks on Washington and New York has turned up alive and well. The identities of four of the 19 suspects accused of having carried out the attacks are now in doubt. Saudi Arabian pilot Waleed Al Shehri was one of five men that the FBI said had deliberately crashed American Airlines flight 11 into the World Trade Centre on 11 September. His photograph was released, and has since appeared in newspapers and on television around the world. He told journalists there that he had nothing to do with the attacks. He has contacted both the Saudi and American authorities. He acknowledges that he attended flight training school at Daytona Beach in the United States, and is indeed the same Waleed Al Shehri to whom the FBI has been referring. But, he says, he left the United States in September last year [and] became a pilot with Saudi Arabian airlines. Abdulaziz Al Omari, another of the Flight 11 hijack suspects ... says he is an engineer with Saudi Telecoms, and that he lost his passport while studying in Denver. Meanwhile ... a London-based Arabic daily says it has interviewed Saeed Alghamdi. He was listed by the FBI as a hijacker in the United flight that crashed in Pennsylvania. And there are suggestions that another suspect, Khalid Al Midhar, may also be alive. FBI Director Robert Mueller acknowledged on Thursday that the identity of several of the suicide hijackers is in doubt.
Note: The deceptions in the 9/11 official story are clearly shown in this key story. The FBI never revised its list of alleged hijackers. These four are all listed in the official 9/11 Commission report as the hijackers. Click here and scroll down a little over half way to see their photos in the official report. For more, see this webpage. Explore also concise summaries of deeply revealing news articles with evidence of a 9/11 cover-up from reliable major media sources. Then examine an abundance of reliable information suggesting a major 9/11 cover-up.
The above three are excerpts from the 20 most revealing news articles ever published.
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Nasa forms independent team to study unexplained UFO sightings
2022-06-09, The Guardian (One of the UK's leading newspapers)
Nasa is launching a study of UFOs as part of a new push toward high-risk, high-impact science. The space agency announced on Thursday that it was setting up an independent team to see how much information is publicly available on the matter and how much more is needed to understand the unexplained sightings. The experts will also consider how best to use all this information in the future. Nasa's science mission chief, Thomas Zurbuchen, acknowledged the traditional scientific community may see Nasa as "kind of selling out" by venturing into the controversial topic, but he strongly disagrees. "We are not shying away from reputational risk," Zurbuchen said. "Our strong belief is that the biggest challenge of these phenomena is that it's a data-poor field." Nasa considers this a first step in trying to explain mysterious sightings in the sky known as UAPs, or unidentified aerial phenomena. The study will begin this fall and last nine months, costing no more than $100,000. It will be entirely open, with no classified military data used. Nasa said the team will be led by astrophysicist David Spergel, president of the Simons Foundation for advancing scientific research. Spergel said the only preconceived notion going into the study is that the UAPs will probably have multiple explanations. "We have to approach all these questions with a sense of humility," Spergel said. "I spent most of my career as a cosmologist. I can tell you we don't know what makes up 95% of the universe. So there are things we don't understand."
Note: Once again we see evidence of a planned roll-out to get people used to the idea of UFOs when undeniable evidence of significant ET involvement has been available for decades. For more along these lines, see concise summaries of deeply revealing news articles on UFOs from reliable major media sources.
Uvalde officials are using a legal loophole to block the release of shooting records
Uvalde city officials are using a legal loophole and several other broad exemptions in Texas to prevent the release of police records related to last month's mass shooting that left 19 children and two teachers dead, according to a letter obtained by NPR. Since the May 24 shooting at Robb Elementary School, law enforcement officials have provided little and conflicting information, amid mounting public pressure for transparency. The Texas Department of Public Safety, which is leading the state investigation, previously said that some accounts of the events were preliminary and may change as more witnesses are interviewed. The City of Uvalde has hired a private law firm to make its case, which cited the "dead suspect loophole," to deny the release of information because the gunman died in police custody. The legal exception bars the public disclosure of information pertaining to crimes in which no one has been convicted. The Texas Attorney General's Office has ruled that the exception applies when a suspect is dead. The maneuver has been used repeatedly by Texas law enforcement agencies to claim they're not required to turn over the requested information because a criminal case is still pending, even though the suspect is dead. The loophole was established in the 1990s to protect people who were wrongfully accused or whose cases were dismissed, said Kelley Shannon, executive director of the Freedom of Information Foundation of Texas. "It is meant to protect the innocent," Shannon said.
1 month after the Uvalde shooting, here are 5 questions that are still unanswered
2022-06-20, ABC News
Nearly a month after a gunman killed 19 students and two teachers inside Robb Elementary School, shattering a West Texas community, a litany of key questions about the police response remain unanswered. The shifting narrative from state and local leaders in the massacre's aftermath could threaten to exacerbate the trauma for those affected. "These types of tragedies can tear communities apart," said John Cohen, a former senior Homeland Security official who is now an ABC News contributor. "One of the ways the healing process can begin is for the community to have a clear understanding of what happened, and of what will be done to prevent something similar from happening again." As families of the victims lay their loved ones to rest, residents of Uvalde continue to hope for answers. They may start to get some on Tuesday, when a Texas House panel convenes to hear testimony regarding the shooting. Since the very first days after the attack, law enforcement officials have said their response was stymied by ... a locked door. But now surveillance video shows that police never tried to open the door. Two months before the mass shooting, the Uvalde school district hosted an all-day training session for local police and other school-based law enforcement officers that was focused on "active shooter response." But basic training protocols - including those involving communication channels and chain of command - went unheeded.
Note: For more along these lines, see concise summaries of deeply revealing news articles on police corruption from reliable major media sources.
The above three are excerpts from the news stories most recently posted to this website.
Explore our index to revealing excerpts of news articles on several dozen topics.
Don't miss amazing excerpts from the 20 most revealing news articles ever published.