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An Article
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AMERICA'S HOME FORECLOSURES AND MORTGAGE SECURITIES FRAUD
Housing and Stock Market fraud
January 24, 2008
By
AHRC News Services
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| San Diego, California - Politics, legislative and judicial fraud, the privatization of housing ( homeowner associations operated by foreclosure profiteers), the delivery of public services (including justice and law enforcement), the collapse of the world financial systems - all these are related to the rights and property of homeowners in, not only America, but the world. Nothing is an island, everything is of one warp and woof.
Decades ago, AHRC News Services, U S News and World Report, Congressionel Quarterly, and other publications, warned of America's Homeowner Association litigation floods.
AHRC News Services reported that governors (Governor George W. Bush, Governor Gray Davis..) and other public officials, judges and foreclosure lawyers were colluding together by electing and appointing forecloseure interests to positions of power in government and courts, writing illegal laws and contracts and using courts and enforcement agencies to rob the homes, property and earnings of homeowners.
In addition to forcing American home buyers to suffer in a housing fraud, they securitized the fraud-based American mortgages to unsuspecting international investors around the world. They also violated the fundamental rights of citizens in the process.
As America's homeowners began walking away from the fraudulent mortgages which the politicians, judges and lawyers burdened them with for their own enrichment, the foreclosure tsunami swept away the homes of millions of Americans. International investors feared they would lose their investments as the American mortgage market pushed the U S economy into a recession. Hence,their governments scrambled to reassure their investors.
On Monday (Martin Luther King holiday) jittery international investors fearing an international economic crisis began dumping their American mortgage investment shares. As the stock market meltdown spread across the international stock markets on the Martin Luther King holiday with headlines like " Horror day for Australian stock market", the US Federal Reserve Bank and officials scrambled to cut bank rates, build investor confidence and curb a U S Stock market meltdown. Nevertheless, the the global sell-off continued in the global markets and the United States.
Today while the President is looking to borrow more money from foreign investors to save America's economy, and the world's leading central banks are attempting to reassure their investors who lost billions in America's securitized fraud-wrought mortgages, and save their economies from further collapse, lawyers are busy filing securities fraud lawsuits,
And the real victims of America's mortgage fraud, the defrauded homeowners, the ones herded into illegal homeowner association housing and mortgage contracts, try to survive the hounding process servers, lawyers, judges and sheriffs and the profiteers of America's home foreclosure fraud. |
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