Oct 25, 2016 by Charles Scaliger Every four years, Americans are treated to a tawdry, months-long spectacle pitting two typically (but not always) establishment-anointed candidates against one another for the ultimate prize: a four-year stint as the “most powerful person on Earth.” That, at least, is the establishment media’s term for the president of … More Taking Back Presidential Power
Sept 24, 2016 by Joe Wolverton, II, J.D. Arlene Harjo of Albuquerque, New Mexico, is making payments on a car she doesn’t own. She’s not crazy or crazy rich — she’s the victim of a civil asset forfeiture law that was invalidated but is still being enforced by police in New Mexico’s largest city. As reported … More Albuquerque Police Ignore Laws Restricting Civil Asset Forfeiture
Aug 29, 2016 by Steve Byas The only type of asset forfeiture that is legitimate is “post-conviction,” Oklahoma Attorney General Scott Pruitt (shown) recently told an interviewer with the CATO Institute. The comments by Pruitt, a Republican first elected in 2010, will assuredly heat up the issue of civil asset forfeiture in Oklahoma. The decision … More Oklahoma Attorney General Calls for Limits on Asset Forfeiture
June 17, 2016 by Brena Swanson Intercontinental Exchange, ICE, announced on Friday that it plans to acquire a majority equity position in MERSCORP Holdings, the owner of Mortgage Electronic Registrations Systems, collectively known MERS, sending a signal to the market that MERS is finally vindicated. [ How this show vindication is not stated. What it … More Majority stake in MERSCORP Holdings acquired by NYSE parent company ICE
As you may be aware, it is common practice nationwide for a municipality to place a lien on real property where it has provided services that are not paid (example – water, sewer, trash). A federal court has ruled that without notice to the owner, a municipality cannot place a lien because it violates “due … More Federal Court Rules that a Municipality Cannot Place Lien on Property
June 2 2016 by Michael Tennant Last week, the House Judiciary Committee approved by voice vote a bill to make it harder for law enforcement to confiscate the property of innocent Americans and easier for victims of such confiscation to recover their property. The bill, named the Deterring Undue Enforcement by Protecting Rights of … More House Panel Approves Asset-Forfeiture Reform Bill
May 20, 2016 By GRETCHEN MORGENSON When Washington took over the beleaguered mortgage giants Fannie Mae and Freddie Mac during the collapse of the housing market and the financial crisis of 2008, it was with the implicit promise that they would be returned to shareholders after being nursed back to health. But now, with the … More Fannie, Freddie and the Secrets of a Bailout With No Exit
March 24, 2016 by Jonathan Turley The United States Court of Appeals for the Seventh Circuit has issued an unanimous opinion overturning a district court that had forfeited $271,080 in cash seized by the federal government, even though owners brothers, Pedro and Abraham Cruz-Hernandez, were never criminally charged. Pedro and Abraham contested the forfeiture under 18 … More Seventh Circuit Reverses Civil Forfeiture Of $271,000 Seized From Brothers Who Were Never Charged With A Crime
Decision could affect Delaware case on legality of net worth sweep March 3, 2016 Sarah Wheeler A decision by the Ninth Circuit Court of Appeals yesterday could have big implications for a Delaware case where plaintiffs are arguing that Fannie Mae and Freddie Mac are Delaware corporations and therefore are subject to state, not federal law. … More #FannieGate: 9th Circuit rules that Fannie and Freddie are private companies
Jan 26, 2016 by findsenlaw Freddie Mac Kicks Off 2016 with Largest Ever Delinquent Loan Auction article here: The transaction announced on Friday is Freddie Mac’s third bulk NPL sale worth more than $1 billion. The previous two were worth $1.1 billion each. Overall, it will be Freddie Mac’s ninth bulk Standard Pool Offering (SPO) … More Freddie and Fannie Sell Your Home Loans to Vultures for Pennies on Dollar: Vultures Pick the Bones of Distressed US Homeowners
