New York State Attorney General (NYAG) Eric Schneiderman sued international bank, Barclays, the other day. Foreclosurepedia obtained a copy of the suit and was struck by the ironic language used with respect to Barclays. The same type of environment which appears to support lying; supports fraud; and black balls the innocent is best summed up by the actions of the National Association of Mortgage Field Services (NAMFS) Regime. I mean if you simply tweak some of the names and issues, the NAMFS Regime could well be the Defendant.
Barclays is running a dark pool. That is really no secret. Coming on the heels of their Libor Scandal, the problem is that the United States must send a message. Now, NYAG Schneiderman seems a bit more poised to follow the law than the US Attorney General Eric Holder whom has simply ensured that the Obama Administration limps through its lame duck term. The last time we saw someone like Holder was under the Nixon Administration where John Mitchell buried his head in the proverbial sand.
Barclays and the National Association of Mortgage Field Services have a lot in common, actually. Both Barclays and the NAMFS Regime seem to attempt to threaten and intimidate the innocent. We saw this in Eric Miller’s attempt to sue me a year ago; Heather Berghorst, the disgraced former NAMFS Regime Secretary’s attempt to sue me; and Carol Boyd whom was a Bronze Level Contributor to the NAMFS Regime threatening the children of an elderly witness. On the Boyd point, we are working on an ENORMOUS PIECE to come out next week which will dwarf her previous atrocities. The question presents whether or not the NAMFS Rank and File will oust the current NAMFS Regime Board and get in front of their problems, thus saving their reputation, or whether it will be business as usual.
Eric Miller and Adam Miles have been working on the Great Wall of Silence for quite sometime now. The biggest problem with this is that UNLIKE Barclays, the NAMFS Regime does not have financial backing to weather the storm now destroying many of its fraudster Members — #OpNAMFS. More on point, though, many of the NAMFS Regime fraudsters are creating nightmares for some of the largest non conventional financial portfolio holders like Ocwen. It is unfair and will have to be addressed at some point-in-time.
The interesting take off is this: So, you have Ocwen, Altisource and Berghorst Enterprises all Members of the National Association of Mortgage Field Services. Heather Berghorst, along with Buczek Enterprises duped Altisource into sending a tremendous amount of work even as they were refusing to pay Contractors for amounts reaching into the millions of dollars. The problem with this is that the Mortgage Field Services Industry is representative of a Dark Pool in that the NAMFS Regime facilitates this type of egregious behavior daily; there is no oversight with respect to consumer protection. Altisource has somewhat begun the process of performing due diligence; however, they still seem recalcitrant in engaging legitimate Contractors whom have bona fide credentials. More on this next week when I return from several Interviews with Altisource Employees in Boston.
We all know where this goes. As the National Association of Mortgage Field Services Membership continues to be stubborn; as the Clients of the NAMFS Regime begin to suffer the toll from a veritable onslaught of Consumer Financial Protection Bureau (CFPB) Complaints from Contractors whom have been victimized, a political gambit begins to emerge. Whether it is an incumbent or challenger, politicians know well the value of utilizing the governmental apparatus to ensure misery. It is apparent, now, that Contractors are beginning to key to the financial and psychological warfare value of this as well.
I have never made any bones about the fact that I am an Advocacy Journalist nor that I write in Gonzo fashion. Foreclosurepedia is an Opinion Blog and I could personally give two shits about the delicacy of the criminal psyche. The cat is out of the proverbial bag. The concept is that cats used to be tied up inside burlap sacks and thrown into the river before there were humane society shelters. In this analogy, the cat is knowledge of the CFPB Complaint process; the bag is the ability of the Mortgage Field Services Industry to keep Contractors financially dependent upon them; and the river is the fraud which has been wrought upon innocent men and women. It is dangerous, now, as Contractors have realized that they may file frivolous Complaints to potentially destroy innocent Clients. Albeit, Clients have legal avenues to pursue against Consumers and Contractors alike, the reality is that most of these people have neither money nor assets so it is a self perpetuating construct in futility. If you are experiencing an issue you believe to be newsworthy, feel free to reach out to Foreclosurepedia today for a free Initial Consultation.