Ohio Man Defies Foreclosure - Locks Self in Home - LIVE

[Capt. Jack]

Source: UStream

http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20100504/NEWS16/5040408

Article published May 04, 2010
Man seals self inside foreclosed residence
Householder pleads for help from bank
Photo
Sadler

Zoom | Photo Reprints
By JENNIFER FEEHAN
BLADE STAFF WRITER

STONY RIDGE, Ohio - Through a golf ball-sized hole drilled into a front window, Keith Sadler has a message for banks foreclosing on people like him who fall behind on their mortgage payments.

He wants a little help, a little understanding, and a big demand: an end to foreclosures and evictions. In the meantime, the 53-year-old said he's not leaving the house that he owned for 12 years and lived in for 20.

"Even though on paper and legally it's no longer my house, I still consider this my home and I refuse to be kicked out by a greedy bank that is only interested in its bottom line," Mr. Sadler said in a phone interview.

Read more: http://www.ustream.tv/channel/keith-sadler-foreclosure-resistance-live

---

The power has been shut off to the house - but they have a generator.

They will be back on live soon and need support.

http://www.foreclosurehamlet.org/profiles/blogs/man-seals-self-in-foreclosed

You can also watch it here:

http://www.foreclosurehamlet.org

http://www.4closurefraud.org

[RandomThoughts]

1. I hope people in that situation find a way through that difficulty.

But there is more to the writing of that story, then just home foreclosures.

[Capt. Jack]

2. I think there will be an interview on MSNBC soon

They were on yesterday.

Please help stop the madness!

http://www.foreclosurehamlet.org

http://www.4closurefraud.org

Wall Street $22 Trillion - Main Street $0

[RandomThoughts]

7. But systems of corruption are wounded, and it is not over.

And that scoreboard is only relevant in the money world, you can't take money with you.


Personally I can't lose, but what is winning?

To avoid any madness in my life I remember one of my favorite verses.

2 Timothy 1 : 7 For God hath not given us the spirit of fear; but of power, and of love, and of a sound mind.


It has kept me sane through the years, being able to think and feel.

[mdmc]

45. Thanks for the reminder

:toast:

[Blue_Tires]

75. welcome to the site!

[sabrina 1]

3. If he was a Goldman Sachs CEO, he would be bailed out

with tax dollars from people like him. Then, Congress would be passing laws making whatever it was caused the problem, legal and retroactive.

Every bank that received full payment for their failed investments, from AIG, a list Timothy Geithner will not reveal, had they been this man, would have been allowed to fail.

Banks were supposed to renogiate mortgages with people like him as part of the conditions of the bail-outs. We have since learned that most of the money set aside for that purpose, was not used used and most of the banks, like Wells Fargo eg, have refused to even respond to requests even from people who qualified. Yet, Congress has done nothing about that.

I hope the publicity he is getting will force his bank to negotiate, as they are supposed to do, and that he gets to stay in his home.

He is doing what Marcy Kaptur advised home-owners facing fore-closure, to do. She advised people not to leave their homes. Until the American people take a stand the Wall St. criminals will go free richer than they were before, and millions more people like this will lose their homes.

Obama was supposed to place a moratorium on fore-closures. What happened to that?

Let's see if Congress will be as quick to help this American out as they are to help Wall St.

[Capt. Jack]

5. Thank You Sabrina!

You are right! I watched this all last night. They are waiting for the police to enter forcibly and have already cut off the power.

I am doing my best to light up the phone lines in Ohio...

For PROOF POSITIVE of Foreclosure Fraud:

http://www.foreclosurehamlet.org

http://www.4closurehamlet.org

http://mattweidnerlaw.com/blog/2010/05/banks-are-home-invasion-felons-why-no-criminal-charges/

[sabrina 1]

13. Good for you! There are some wonderful organizations

around the country where there are people working hard, and in some cases, succeeding in helping people like this man. I saw a great show on foreclosures and one man who has been so successful, (he may have been in Ohio, he was not in NY so could not help my friend) on the Bill Moyers Show a few months ago. I cannot remember his name but did write it down somewhere.

As for fraud, yes, and I am hoping that Neil Barofsky the Special Investigator for Tarp funds, will find out why the money set aside to help people like this, has not been spent. He is certainly interested in it.

See my post below about my friend and how they completely ignored her requests too. Which they are not supposed to do. CNN was covering this refusal by the banks to work with people for a while, but I guess they got the word to drop the coverage.

It IS sad to see people on THIS board, who clearly don't know much about this topic, so willing to blame the home-owner. I expect that on rightwing boards. But now, the 'left' seems to have moved to the right since Democrats gained power and don't care about ordinary people either.

One man was killed by cops about a year ago when he refused to leave his home. About two days after the killing, it was discovered that he too, qualified for help under the Tarp bail-out agreements.

I hope they do not shoot this poor man and I am appalled at the lack of empathy for him here to be honest. Lately I have been rethinking my political affiliations. I really do not want to belong to a party that has as much concern for those who are not rich, as the Republicans do.

Thank YOU for caring. Funny how little scrutiny there was of the Big Banks, in fact we don't even know who they are thanks to Tim Geithner and Paulson who are keeping their identities secret. But a poor man like this is being subjected to scrutiny right here, for what is a pittance compared to what we the tax-payers, gave to those banks, the same ones refusing to talk to him.

[Capt. Jack]

69. Who will help me fight?

Hi Sabrina,

I am new to your site. Do you have any ideas on how to promote activities with the intent of "un-stacking" the deck against consumers? I am going to set up a Ustream stream LIVE in the near future with the founder of our group. She is a nurse, singe-mom, and a very powerful speaker. She is just a "regular" person...but is NOT afraid to face these powerful entities.

Right now my personal project is reaching out to law school blogs in an effort to engage lawyers and aspiring lawyers to help us.

Thank You!

http://www.foreclosurehamlet.org

I hope I don't come across as a troll...this effects all of us - like it or not.

Below is a video of our founder on the steps of the capital building in Tallahassee. We stopped the Florida Bankers Association for now...but they will be back. We will be ready.

http://www.foreclosurehamlet.org/video/where-is-the-moral-and-ethical

[Marthe48]

26. People have less rights than corporations -- needs to change!

nt

[Capt. Jack]

73. Very sobering statistics....

The future doesn't look very bright...

http://theaffordablemortgagedepression.com/2009/05/11/when-will-the-housing-recession-end--a-graphical-illustration-why-the-depression-will-persist-through-2013.aspx

...unless we fight back!

http://www.foreclosurehamlet.org

http://www.4closurefraud.org

http://www.livinglies.wordpress.com

[Capt. Jack]

74. How long will we stand for this?

Below is not opinion....but clear examples of FRAUD.

http://www.ohnd.uscourts.gov/Clerk_s_Office/Notable_Cases/re_forclosure.pdf

http://4closurefraud.org/2010/04/20/another-ny-style-beat-down-judge-jeffrey-spinner-gets-it-sanctions-bank-100000-for-outrageous-improper-and-wrongful-activities/

http://4closurefraud.org/2010/03/26/scandalous-substantiated-allegations-of-foreclosure-fraud-that-implicates-the-florida-attorney-generals-office-and-the-florida-default-law-group/

http://stopforeclosurefraud.com/2010/05/10/tennessee-vs-mers-mortgage-electronic-registration-systems-april-20-2010-recording-fraud/

http://www.vatitlece.com/VirginiaTitle/?p=16

http://blogs.wsj.com/law/2010/04/19/judge-finds-fraud-in-foreclosure-mess/tab/article/

http://www.foxnews.com/us/2010/04/29/criminal-probe-looks-goldman-trading/

http://industry-news.org/2010/05/10/moodys-under-sec-investigation/

I could go on all day long.

http://www.youtube.com/watch?v=nZ6lPaiKmwg

YOU can help!

http://www.foreclosurehamlet.org

[ConcernedCanuk]

4. What is it with people that don't help out their fellow humans these days.

.
.
.

i am living on propane and a generator in an 18 foot trailer

100 feet away from a 3-bedroom house occupied by a single person on the same property.

Have not talked with them for over a year, almost a year since they cut the hydro to my trailer.

Our social assistance network has not found me other accommodation, despite my efforts to rent another dwelling.

2010

59 years old, worked since I was 19, but now on welfare.

living in a trailer in a field, no hydro(unless I'm running my generator) - no running water - and yeah - no bath or shower . . .

and FOOD! - how the hell do you eat half decent without a refrigerator??

IS THIS REALLY CANADA???

(sigh)

[SusanaMontana41]

82. The late great Howard Zinn said to effect change,

neighbors must vow to protect one another. I'd like to see the neighbors of resident mentioned in the OP grab lawn chairs and peacefully block the entrances. Make the cops haul them away. THAT will get on TV and maybe mobilize others. My son and I plan to do this if it happens in our neighborhood. Book us, jail us. We'd wear the arrest records as badges of honor.

[Demobrat]

6. Something's off here. If he's owned the house for 12 years

and hasn't used it as an ATM he should be able to sell it for at least enough to pay off the loan. And if he has used it as an ATM he deserves no sympathy.

[sabrina 1]

10. He may be, like millions of others, someone whose income

was affected temporarily, as happened to my friend when her husband died. According to the bail-out agreements with the Banks, criteria were set up to help people like this renegotiate their mortgages while they get back on their feet.

So, my friend wrote to her bank explaining her circumstances, not asking for a free ride, and never using her home as an ATM, just asking for a temporary reduction in her mortgage payments until she could recover from the loss of her husband and of his income. This was supposed to done by the banks. For a full hear she attempted to contact the bank and did not even receive a response as to them, she was not human.

Her friends found a lawyer to help her out, but Wells Fargo refused to respond to his letters also. Not once did they even acknowledge her. And on Veterans Day last year, she received a final notice to 'vacate' her property within weeks, this without ever having addressed her requests or her attorney's. Her husband was a veteran btw.

Her attorney finally got a response when he asked that the bank give her more time. They gave her another month airc. She left her home which she had lived in and paid for, for nearly eight years, in January. The house is still vacant, now uncared for and she is paying rent that could have been paid to this bank. Her neighbors' property values have gone down as did hers as a result of other foreclosures in the area.

I don't know why you believe that this must be the fault of the home-owner. What makes you think that he did not try to sell the house?

My friend had her home on the market for over eight months but it did not sell. At least while she was there she took care of the property, now it is falling apart, vandals have knocked over the mail-box, windows are broken etc.

But most important is the fact that the Banks have refused to even speak to people to see what can be worked out. As a matter of fact, this is something being looked into by the Tarp Special Investator, Neil Barofsky. Clearly he is not blaming homeowners, he is curious about why so few who themselves were bailed out, have refused to honor the agreement they made.

I don't care if this guy made some money on his house, I really doubt he did in this economy. But he is one of millions of Americans, like my friend, who did nothing wrong other than run into a rough period which only required a renegotion, a temporary lowering of the mortgage payment. And in a different world, that's what would have happened with people who have always paid their bills in the past.

Look at his situation in a different way. He owned the house for 12 years and presumably paid the bills until recently.

Wells Fargo, my friend's lender, (although we discovered her mortgage had been transferred three times in eight years) received two government bailouts. Why? They failed, yet we, my friend, this man, helped save them, whether we wanted to or not. When is Congress going to help the average person?

[Capt. Jack]

11. Congress won't bite the hand that feeds them!

The legislature cares more for the lobbyist's money than the voters. It is all very sad.

http://www.foreclosurehamlet.org

http://www.4closurefraud.org

It seems hopeless but we can't stop fighting!

http://mattweidnerlaw.com/blog/2010/04/chief-judge-about-florida-ag-investigation-i-would-be-very-skeptical-theyre-the-only-ones-our-anecdotal-experience-are-its-pretty-widespread/

[Capt. Jack]

12. FBI to Investigate

http://mattweidnerlaw.com/blog/wp-content/uploads/2010/05/Federal-Bureau-of-Investiga...pdf

[POAS]

14. He became disabled due to an

injury. He is getting insurance money but it amounts to about half of what he was making in the auto industry.

Consequently he fell behind but immediately called his bank to try and make arrangements. They told him they are working on a plan to help him and others like him stay in their homes but after he fell four months behind and still with no word from the bank about the "plan" he got a pay up in 30 days notice.

He was interviewed on Thom Hartman's show this morning.

[sabrina 1]

16. Thanks for that information. That's I thought might have happened.

This is TYPICAL of what the banks are doing. When my friend did not get any response to her many attempts to get in touch with Wells Fargo, she sent a check for what she could afford as she did not want the money to build up. They returned that check, with no comment.

He sounds like a perfect candidate for the Obama program. He seems to meet that criteria laid out in order to be eligible for a renegotiation.

There have been a few success but only when the people involved got some media attention. I hope he is successful.

I wonder too if he has looked at his mortgage papers, we discovered too late, that my friend's mortgage had four different lenders in eight years. That could mean that Wells Fargo the final lender, actually did not legally own the mortgage. We are going to check further. If her mortgage was bundled and sold to investors as part of those fraudulent investments, then it is the investors who own the home.

Several judges have ruled against foreclosures when banks could not produce the proper paper trail. Someone should ask this man to check if he is one of those whose mortgage was passed around and bundled and then bet against by people like Goldman Sachs. We are looking into it for my friend, and if it turns out to be true, she will have been fore-closed on illegally.

[Capt. Jack]

17. They are on live now

FYI.....

http://www.ustream.tv/channel/keith-sadler-foreclosure-resistance-live

[Capt. Jack]

25. CFE

The best place to start is with a GOOD Certified Fraud Examiner!

http://www.foreclosurehamlet.org

http://www.4closurefraud.org

[sabrina 1]

30. Thank you, I will look into that.

[hugo_from_TN]

19. Still, with 12 years of payments he should not be under water.

The house was not bought at the height of the bubble, and 12 years of principal have been paid down. I'm confused as to why he can't sell the house to pay off the mortgage. (Yes, I realize he would then need a new residence. Hopefully he could find something more in line with his current limited income.)

[Demobrat]

21. I hope you get a good answer to this.

I don't get it either. I get that he can't make the payments anymore - but I don't get why he can't sell the house, pay off the loan and use whatever is left to move. Of course that in itself is a sad situation - but that's not the point. Why is this man being foreclosed on rather than selling and getting what he can out of the house? It doesn't quite make sense.

[sabrina 1]

24. I posted a comment in this thread that explains why

he might not have sold his house. Btw, why didn't the failed banks just sell their banks, instead of asking us to bail them out? He isn't asking for free money, he's asking for what Obama promised when he bailed out the banks. Those banks agreed to renegotiate mortgages for people like this who need some temporary help to get on their feet.

My friend who was fore-closed on by one the those banks who received two huge bailouts and agreed to Obama's program to help keep people in their homes, without ever having them even respond to her requests to renegotiate the loan. That was in clear violation of the terms under which they, in her case, Wells Fargo, were bailed out by the American people.

What good was Obama's program if banks like these just take the money and ignore the agreements they made?

My friend had her house on the market for eight months and it did not sell. Now the bank owns it and it is still not sold.

Interesting how ignorant people seem to be about this foreclosure problem, about Obama's 'help Mainstreet' programs and how the banks are ignoring the conditions under which THEY were saved from foreclosure.

Maybe if this guy was wearing an Armani suit and owned a mansion and a yacht somewhere, you would not be so quick to question his motives. After all other than their huge holdings, where's the difference in Goldman or Wells Fargo and this man? At least he has a non corrupt excuse, he became disabled on the job. They went into dfault because of greed.

I save my outrage for those who caused this problem and are now wealtier than they were before, while holding up the money set aside to help people like this family.

[Blue Diadem]

51. Home sales in the county were and still are awful.

When his home went to auction it was the bank that bid on it, bought it for IIRC, starting bid of $33,333. Even at auction with such a low starting bid, there was no competition. It was appraised at 50,000 according to the Sheriff's website and according to the real estate tax page, it was valued by the county at somewhere in the $90,000's.

I know his area pretty well and the road he's on is high traffic/both trucks and autos. Even when times are good, it can take a long time to sell a home on that road.

[ipaint]

23. For people who don't understand this situation,

here is a link for you.

http://www.facebook.com/group.php?gid=51493151528

[Demobrat]

28. So IOW anybody who wonders why

someone who is not underwater cannot avoid foreclosure is automatically a Reagan Republican. Hey, if calling names is the best you can do why bother to post a link? Why not just call names? I'll start. You're a foolish little ninnie.

[sabrina 1]

31. Please post the 'names' I supposedly called anyone.

I think you directed your post to the wrong person. I stated some facts, I don't believe I mentioned 'Reagan Republicans', but since YOU did, it's not at a bad description of those who are blaming the little guy, while excusing the likes of Tim Geithner, Henry Paulson, Summers, Greenspan et al. THESE were the people who committed crimes against the American people. They are the ones who bet against America and Americans and when their schemes failed, came running to people like this man for a hand-out.

I am hoping that Neil Barofsky will find out why the money that was supposed to help people like this, has not been used for that purpose.

Btw, were in favor of bailing out corrupt failures like Goldman Sachs? Did you ask 'how come they are underwater, there is something suspicious about this'? Because there was, something very suspicious and hopefully there will be some indictments soon, starting I hope, with Tim Geithner and Henry Paulson.

[Demobrat]

33. Who mentioned Geithner, Paulson, Summers or Greenspan?

Not me. You might try learning to respond to what's actually written, rather than just spewing nonsense. Just a thought.

[sabrina 1]

35. I mentioned them. I asked a question which you

did not answer. They are very relevant to this story to anyone who has been following the foreclosure scandal and the money that has been held back from the purpose of helping people facing foreclosure, in accordance with Obama's program and the agreement made by the bailed out banks when they took the people's money to save THEM from foreclosure.

I did not, however, mention 'Reagan Republicans' speaking about 'responding to what is actually written, rather than just spewing nonsense'.

[sabrina 1]

37. I made a mistake. I thought your comment about Reagan

was directed to me which is why it made no sense. It wasn't, you might have pointed that out rather than resorting to insults.

[ipaint]

32. lol. and to answer your question...yes. nt

[Demobrat]

34. This is true.

Which leads me to believe there's a chapter missing from this story (the one about the HELOC).

[ghurley]

8. WTF?

"I hate touting the Obama plan, but it's a plan based on a percentage of income you make and the bank has to work out an interest rate that allows you to make payments,"

I don't get it, the man is trying to help you stay in your house, and you have to say that you hate touting it??

[Capt. Jack]

9. This really is NOT a left/right issue

This is about the LAW.

To wit:

Outcome based collateral appraisals.

Outcome based CDO, CMO, GSE appraisals.

Credit Default Swaps.

Bailouts.

http://www.foreclosurehamlet.org

http://www.4closurefraud.org

[Socal31]

15. Are people actually arguing that banks shouldn't make good on their promise to forclose

if you default?

Good luck with that.

[Demobrat]

18. Yes that seems to be the case.

The argument seems to be that if you buy a piece of property and the value goes up you get to keep the profits - but if the value goes down you should have your loan amount lowered so you don't lose anything. I'm all for negotiating terms so that people aren't hit with huge recasts - but I'm not so sure about cramdowns. If I buy a diamond ring on credit and it loses half it's value I still have to pay what I agreed to. Why is real estate different?

[Doremus]

38. I suppose that one could look at the argument that way.....

if one were pro-Wall St. and
anti-people,
i.e. blue dog, 'centrist', repuke.

But, like most everything else that particular group says/does/thinks, it would be wrong.

[sandnsea]

81. If you buy diamond stock

and discover the diamond mines were lying about the new diamond strike - why should you take the loss on your stock? Wouldn't you sue for fraud?

[sabrina 1]

20. People are arguing that banks should honor the agreement

they made with the Obama administration when WE THE PEOPLE bailed them out, that they would help people stay in their homes if they met certain criteria, which this man appears to have done.

Are you actually arguing that tax payers, including this man, should have thrown nearly a trillion dollars at these failed, and mostly corrupt banks, without asking THEM to return the favor?

Obama set up a program for just this kind of situation. Are you saying that banks are not obligated to abide by their agreement to help Main St. when they themselves were helped BY Main St.?

[Capt. Jack]

22. Thanks again Sabrina!

Bingo.

And it is doubtful the diamond ring was securitized, over-appraised, and insured 30X over at full value by AIG's Credit Default Swaps.

http://www.foreclosurehamlet.org

http://www.4closurefraud.org

[sabrina 1]

36. Don't give them any ideas. They are already trying

to see how much money they can make from betting on the deaths of employees and the younger people die, the richer the gamblers will be.

I have zero concerns about the big banks, as some here appear to have. I am concerned about ordinary Americans, like this family.

[Capt. Jack]

39. Sabrina, I'd like to welcome you to our group.

We are all *volunteers*.

And as Admin I'd like to welcome you personally!

http://www.foreclosurehamlet.org

[Mojeoux]

77. The Banks got bailed out, the Banks should bail out Homeowners

They can't bail this guy out? Of course they can but they would set a precedent.

God forbid millions of Americans could stay in their homes?

They could prune the roses they planted, clear their gutters and

sit in their living rooms and drink a damn cup of tea.

I hope Capt.Jack will be safe. I hope they don't hurt him.

I pray the Banks have a groundbreaking change of heart, or

maybe someone finds a way that Banks can make more money by keeping people in their homes.

A heartwarming Hollywood ending is what I pray for you Jack.

The truth is stranger than fiction.

[Capt. Jack]

78. We can save ourselves by POLLINATING information!

Thank you for the kind thoughts! The biggest sword we wield is that of information. We can NOT fight Wells Fargo, AIG, JPMorgan, etc., with money.

They have through illegal means taken the money of millions and then taken their homes because they have no money.

This is wrong. The administrators of this site KNOW who is watching. So do I....and "They" know it.

"They" cannot watch us all. Please...if you are concerned about my safety...get involved. Pollinate information!

If just one person learns what is happening...that person can inform another and so on and so forth.

I beg you....get involved. YOU CAN MAKE A DIFFERENCE!

Join us!

http://www.foreclosurehamlet.org

[Cal Carpenter]

40. The problem is systemic, it's institutional

it isn't about this one individual. It's about our economic system and the markets as a whole.

Who created the bubble that has put millions of people in this situation? The banks and the financial institution did by selling and trading crappy mortgages. By funding the over-production of mediocre housing and pushing subprime mortgages on people whose only crime was to listen to the 'experts' who are supposed to advocate for them.

Sure it's easier to blame some individual for a bad choice rather than stepping back and looking at the big picture. This man represents a lot of people in this country. People who are being screwed by the system of profit-over-people. Those profiteers would rather see people living in tent cities while empty homes are boarded up for some future time when the markets allow them to profit some more. This is civilization? Give me a fucking break.

And as others have pointed out, the bailouts...well, it's all been said...Fuck wall street.

More power to him. Power to the people.

[mdmc]

46. Did Obama promise to help struggling homeowners or just the banks?

I thought that the bank / Wall Street bailouts were meant to also help struggling homeowners ("Main Street") keep their homes. I know that TARP and the bailouts helped Wall Street. Did it have an additional purpose or does Obama need to address the needs of struggling homeowners?

[Socal31]

53. What do you propose he does? Makes the payments for them?

If people are in more house than they can afford, it is time to do something else in life.

It will benefit you much more to move into an affordable housing situation than to keep struggling to pay for something you never should have had in the 1st place (In the case of people who bought too much house, not the unemployed).

[Lorien]

68. Um, no. Obama himself suggested a six month suspension of payments for those facing

foreclosure, plus encouraging the banks to renegotiate the loans. If the banks foreclose on a home that's "underwater" they'll still need to resell it at loss. It's better to have families living in homes than in homeless shelters, or having the homes end up in the hands of more investors.

[sandnsea]

80. The mortgage reduction program begins this month

Until then, the banks appear to prefer foreclosure to a reasonable principal and fixed rate mortgage. I've been helping my daughter with BofA and it is a nightmare.

[Vidar]

56. I certainly hope so!

[riderinthestorm]

27. K& R back to the top of the page. Special thanks to sabrina for extra info. nt

[Capt. Jack]

29. Video Live From Outside

FYI...

http://www.foreclosurehamlet.org

They just mentioned The Hamlet!

[Capt. Jack]

41. The Government is Complicit

There comes a point of saturation after which the lethargy of the legislative branch, having been repeatedly informed and shown clear, undeniable evidence of the massive criminal fraud behind the foreclosure crisis, can only be viewed as tacit approval and complicit aiding and abetting of the criminal fraud itself.

I have seen fraud on the face of each and every mortgage I examine currently being foreclosed on.

Unlawful and false affidavits of indebtedness, parties filing foreclosure who are not parties to the transaction, false endorsements and/or allonges that merely contain a stamp on a blank piece of paper with no identifying features of the property it claims to attach itself to, and mere copies of purported documents being passed off as original documents.

Is it possible to walk into a bank with a copy of a check and expect the teller to cash it - of course not. A copy of a check is no more negotiable than a copy of a promissory note. I have seen assignments of mortgage that have so much white sticky white out strips all over the face of the document where there is writing on top and underneath the white strips, assignments of mortgage that state BOGUS as the grantor, and assignments of mortgage that have witnesses signing as a completely different name than the typed name under the signature line.

In addition, if, between 2001 and 2007, You or anyone in your family signed a mortgage backed promissory note, I urge you to hire any of the top fraud examiners in your state to review what may amount to an eye-opening experience. Sometimes, personal experience is the best educator.

All of the above mentioned items are fraudulent. From this point going forward, elected government officials are hereby noticed that there is enormous fraud occurring on practically each and every foreclosure filed against Florida homeowners each and every day.

By ignoring the rampant fraud perpetrated by illegal parties, elected officials automatically become an accessory after the fact which is a crime.

Furthermore, their eagerness to sign their names to bills that will literally result in extraordinary harm to their constituents is causing red flags to go up that they personally may have an undisclosed relationship with the parties pushing so hard to get these bills passed so quickly.

I urge our elected officials, if they feel they must cast votes on these bills and based on the factual information that is very easily supported with absolute evidence that is contained in the aforementioned paragraphs, then I urge you to table these bills and take some time to, at the very minimum, allow yourselves and your colleagues to hear from at least a few of the millions of voices who have a different perspective than those who wrote to stump for this legislation that will accomplish nothing more than a continuation of the massive fraud perpetrated by the very same people pushing for the passage of these very same bills.

http://www.foreclosurehamlet.org

http://www.4closurefraud.org

[Capt. Jack]

42. On LIVE again now

http://www.ustream.tv/channel/keith-sadler-foreclosure-resistance-live

[jxnmsdemguy65]

43. That's exactly what we need more of...

active resistance to the banksters!

[Blue Diadem]

44. Mr. Sadler was removed from his home and arrested early this morning.

http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20100507/NEWS02/305079997

STONY RIDGE, Ohio - Wood County sheriff's deputies arrested a Stony Ridge man Friday morning who has been holed up inside his foreclosed residence in an attempt to resist eviction.

Authorities carried Keith Sadler from his U.S. 20 home without incident as many protesters watched from the front of the structure. He was carried by his hands and feet and then placed into a Wood County sheriff's vehicle.

Mr. Sadler was being transported to the Wood County jail and protesters were following him there shortly after 8 a.m. Friday.

Lance Crandall, a spokesman for the Toledo Foreclosure Defense League, said about 4-5 protesters were arrested earlier at the scene. A live stream set up by Mr. Sadler shows several members of a SWAT team first arriving at the house at 3:28 a.m. Friday.

Video of swat inside house at 3:28 is at link.

[mdmc]

47. In a way, I am releaved. This is a better outcome then I expected

thanks for the info and link..

I thought the dude would gas up the house and torch it as the door was broken down. Glad he got out alive..

[Blue Diadem]

49. He just wanted to draw attention to people losing their homes.

Another story about his arrest including pictures here:

http://sent-trib.com/trib/index.php?option=com_content&view=article&id=14453:stony-ridge-standoff-ended-peacefully&catid=1:fp&Itemid=115

Snip: Sadler, who had lived in the house for 20 years and got foreclosure notices after getting laid off last year, was hoping his standoff would result in a moratorium on foreclosures. As he sat on the floor of his cluttered house this morning, he said that while he hadn’t reached that goal he had generated awareness.
“I think we accomplished more than we set out for,” he said. “We were able to gain more and more support. Maybe something will get done over this.”

[mdmc]

50. Yes. He was trying to bring attention to this major problem..

I was afraid that he would go Buddhist monk and burn himself and the house down..

[Commie Pinko Dirtbag]

52. I have sympathy with this fellow. I guess that makes me a morally corrupt person, according to some.

I'm glad he was aprehended unharmed, and hope he is well treated in jail and manages to find a place to live.

You know, I tend to take the side of the least powerful. (Instead of the most powerful like the dominant ideology mandates.)

[Blue Diadem]

54. It all makes me so sad.

I'm with you...I tend to be for those who are less fortunate and least powerful.

I'd heard that Mr. Sadler was afraid of being arrested, that he might lose his temporary census job. They're saying on the live website chat that it looks like those arrested are being charged with misdemeanors so maybe he'll be able to keep his job.

[Lorien]

67. It's just sick that the "dominant ideology" is alive and well on a site like DU. nt

[Xenotime]

48. It is so sad that this is what the US has been reduced to.

[Capt. Jack]

55. It's not over!

We're remaining in contact with the group in Ohio and will keep everyone posted as to what happens and will have a video stream soon.

We have captured the video file of the police entering the home...it can be viewed at the Hamlet.

http://www.foreclosurehamlet.org

[harry_pothead]

57. I know this has been said many times before, but where the fuck is his bailout?

[Joanne98]

58. 7 arraigned after foreclosure protest at Stony Ridge home

Source: Toledo Blade

STONY RIDGE, Ohio - Seven people were arrested during the forced evacuation of a Stony Ridge house early Friday, including the homeowner who spent the week barricaded inside with several protesters in an attempt to resist eviction because of foreclosure.

The defendants appeared via video conference Friday afternoon in Perrysburg Municipal Court, all represented by attorney Terry Lodge. Judge Dwight Osterud released them on their own recognizance. Pretrial hearings will be scheduled later. The judge asked homeowner Keith Sadler if he understood that he could not return to his residence and he answered in the affirmative.

It took nearly two hours for authorities to arrest all in the home, including Mr. Sadler, 53, of Stony Ridge; Connie Smithingell, 20, of Perrysburg; Bryan Baumgartner, of Toledo, 19; Nicholas Botek, 23, of Maumee; Jessica Angelov, 20, of Oregon; Daniel Orange, 25, of Toledo; and Johnny W. Kutsch, Jr., 22, of Oregon.

Authorities broke down the front door of the U.S. 20 home about 6:30 a.m. Friday, Mr. Crandall said. About 30 protesters stood in the pouring rain and chanted "Keith's house" as Mr. Sadler was carried out by his hands and feet and placed into a Wood County sheriff's vehicle just before 8 a.m.


Read more: http://toledoblade.com/article/20100507/NEWS02/305079997/0/LOG

[ipaint]

59. Not a bankster in jail but we got ourselves a low income homeowner...

throw the book at him. Must protect the banks property.

[Juneboarder]

60. This is just sad...

But I do have to question why this 53 year old man had a bunch of young adults there to support him, and nobody in his own age group? Does he have family? Who were these protestors, one being from an opposite state of the country?

[xxqqqzme]

61. Thom Hartmann interviewed him

on Wednesday. They were people who were there to protest the eviction. I guess this was getting coverage in the area and people just showed up in solidarity. The sheriff's department had cut his main power cable the night before. Thom asked him if he had any guns. The guy laughed & said no. He was upset because he had worked out a payment plan w/ the bank, the bank either close or they sold his loan as part of a package. The new loan owners foreclosed. I think that is what happened. I came halfway through the interview so I missed the history.

[Chicago dyke]

63. somebody should run against that sheriff

on a platform of "if you elect me sheriff, i will protect you from crime, not the banks' property portfolios."

it makes me so mad that they tossed this guy out of his own home. cramdowns are fair, and should be happening everywhere. because i'm sorry folks, but values aren't going to go back up. get used to it. so much of the "value" the banks think they deserve to be paid is smoke and paper. that's the essential lesson of the bailout and i'm sorry so many people can't understand. but the truth is the banks are doing this sort of shit out of desperation, the real numbers show they are hold paper worth far, far less than they want to believe.

[orbitalman]

62. Question or no question. Imagine yourself being kicked out...

of your home. How would you react? How would you feel? Regardless of the CAUSE, the bank sells your mortgage to cut losses instead of working things out. The new mortgager forecloses (if you even know who it is-many times mulitple investors ) and you're out after 20 YEARS. But really, let's be intellectual and ask questions, dance around, and point at negative possibilities.

[Capt. Jack]

64. Stoney Ridge, Ohio jail 419-354-7744

Just in case anyone wants to say "Hi".

http://www.foreclosurehamlet.org

[slackmaster]

65. If the six people other than the foreclosed person each recruited six more people,

Who each recruited six more to help out, and each of those people contributed $162, they could have raised enough money to buy the house.

[Capt. Jack]

76. Here is somone who has taken it a step further..

I confess to never having watched the Oprah Winfrey show in my life - but I stumbled across this:

http://dipdive.com/news/17312

The music artist Wil.i.am just paid off two families mortgages in full. Watching this live on the Oprah Winfrey show nearly brought me to tears.

The travesty is that Wil.i.am, God bless his soul, probably made payments to parties that were not the "holders in due course" of the obligation.

[Lorien]

66. Many of the banks are booting people out just for spite

especially those who are "underwater". They COULD renegotiate the loan to what it would be when they sell the house to someone else (an investor most likely) so that the family could afford to stay. But no, they want the family out and an investor to own the home for what they would get or less. Bastards.

Whatever happened to Obama's plan to stop foreclosures by giving homeowners a six month grace period on payments? We've cut the greedy banks every bit of slack in the world and given them OUR money-so where's help for those of us who fund them???

[Capt. Jack]

70. Moore details

http://www.michaelmoore.com/words/latest-news/stony-ridge-standoff-ended-peacefully

[sandnsea]

79. They give the grace period

Then they add that money to the principal and offer another interest free loan. The banks are gaming the mortgage assistance programs every way they can.

[Capt. Jack]

83. Please support the Rally in Michigan!

http://www.moratorium-mi.org/

We need national attention...

[Capt. Jack]

71. Silence from the Right is deafening!

First off, Happy Mother's Day to all you Mom's out there!

Remember the howling and screaming from the Right with regard to the Whitewater Development Corporation? Demands fro Special Prosecutors, Congressional Hearings, etc. Where is the outrage now?????

http://en.wikipedia.org/wiki/Whitewater_controversy

Snip>

In 1985, Jim McDougal set his sights on investment into local residential construction, labeling the project Castle Grande. The 1,000 acres (4 km²), located south of Little Rock, Arkansas,<10> were priced at about $1.75 million, more than McDougal could afford on his own: due to financial laws, McDougal could borrow at most $600,000 from his own Savings and loan, Madison Guaranty. McDougal subsequently involved several others to produce the additional funds. Among these was Seth Ward, an employee of the bank, who helped funnel the additional $1.15 million required.

*****To avoid potential investigations, the money was moved back and forth among several other investors and intermediaries.*****



Hillary Clinton, then an attorney with the Little Rock-based Rose Law Firm, provided legal services to Castle Grande.

In 1986, their scheme was unveiled by federal regulators who realized that all of the necessary funds for this real estate venture had come entirely from Madison Guaranty; regulators called Castle Grande a sham.<16> In July of that year, McDougals resigned from Madison Guaranty. Seth Ward fell under investigation, along with the lawyer who helped him draft the agreement. Castle Grande earned $2 million in commissions and fees for McDougal’s business associates,<16> as well as an unknown amount of legal fees by Hillary Clinton’s law firm, but in 1989 it collapsed, at a cost to the government of $4 million.<16> This in turn helped trigger the 1989 collapse of Madison Guaranty,<16> which federal regulators then had to take over. Taking place in the midst of the nationwide Savings and Loan crisis, the failure of Madison Guaranty cost the United States $73 million.<17>

Snip>

http://www.foreclosurehamlet.org

[Capt. Jack]

72. CNN Live Radio *Mortgage Fraud* Expose 5/10 8:30 AM

Listen here: Neil Garfield

http://www.cnn650.com/