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Anatomy of a Mortgage Fraud Nightmare

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Fortress Investment Group, Nationstar Mortgage, the City of Oakland, and Alameda County; What Could Go Wrong? Everything!

Posted on December 11, 2016 by Ralph Kanz
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It looks like Alameda County and City of Oakland officials will be falling all over themselves to approve a deal to potentially keep the Oakland Raiders football team in Oakland. Unfortunately City and Alameda County staff have done nothing to … Continue reading →

Posted in Uncategorized | 1 Reply

Nationstar Mortgage Cost us $89,000 and a HAMP Mod!

Posted on November 16, 2016 by Ralph Kanz
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Open Letter to Jay Bray, CEO, President and Chairman of the Board of Nationstar Mortgage, LLC Dear Mr. Bray, On July 1, 2013 your company, Nationstar Mortgage, LLC took over the servicing of our home loan. Our loan was originated … Continue reading →

Posted in Uncategorized | 1 Reply

Oakland Fraud Destroys Endangered Species

Posted on July 5, 2016 by Ralph Kanz
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  If you think the Oakland Police Department scandal is unique, and that other parts of Oakland government operate without similar corruption you are sadly wrong. The Planning Department has hit a new low with the production of a fraudulent … Continue reading →

Posted in Uncategorized | 2 Replies

DOJ Confirms: Holders of Securitized Loans Cannot Be Traced

Posted on June 6, 2016 by Ralph Kanz
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In a filing unsealed on June 3, 2016, the Department of Justice (DOJ)  confirms what many of us have known for years. Nobody, not even the government with massive resources can determine who owns your loan has the right to collect on … Continue reading →

Posted in Uncategorized | 2 Replies

Disorder in the California Courts

Posted on April 11, 2016 by Ralph Kanz
1

We assume when we go to court the judge will be impartial and give equal weight to both sides arguments and make a thoughtful, just decision based on law and precedent. If you go to court in California as a … Continue reading →

Posted in Uncategorized | 1 Reply

Nancy O’Malley Spent Trust Fund Monies In Violation of State Law

Posted on October 14, 2014 by Ralph Kanz
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In response to our continuing efforts to determine what Alameda County has done with the money in the Real Estate Fraud Prosecution Trust Fund (Trust Fund), County officials continue to stonewall, lie and obfuscate the truth. Since April 2014 we … Continue reading →

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Nancy O’Malley Cut Real Estate Fraud Prosecution Funding by 85%

Posted on April 28, 2014 by Ralph Kanz
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As we reported previously, Alameda County District Attorney Nancy O’Malley has proclaimed that her office will aggressively pursue cases of mortgage fraud. The previous post noted that in 2011 when the video below was recorded, O’Malley held a press conference … Continue reading →

Posted in Uncategorized | 1 Reply

Nancy O’Malley: Broken Promises and Funny Money

Posted on January 8, 2014 by Ralph Kanz
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Nancy O’Malley has been the Alameda County District Attorney for just over four years and has a track record of being soft on white-collar crime. Local, in-county white collar criminals are even less likely to be prosecuted that those from … Continue reading →

Posted in Uncategorized | 2 Replies

In 2008 Prosecutors Agreed to Not Prosecute Mortgage Origination Fraud, and They Have Kept Their Promise

Posted on December 11, 2013 by Ralph Kanz
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Do an internet search on mortgage fraud and try to find even a single case of a prosecutor going after a mortgage broker or lender for defrauding a borrower. I dare you. If you find a case please let me … Continue reading →

Posted in Uncategorized | 7 Replies

Make MERS Records Public

Posted on June 23, 2013 by Ralph Kanz
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Prior to 1997 it was easy to learn who owned real property and the identity of those with liens or other interests on a particular property. You could go to the county clerk/recorder’s office and look up the history of … Continue reading →

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