Foreclosure Hamlet

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"Justice is justly represented blind, because she sees no difference in the parties concerned. She has but one scale and weight, for rich and poor, great and small."

WILLIAM PENN, Some Fruits of Solitude

Special Master 1-5-2012

This Court Order was signed on January 5, 2012 by the Honorable John McConnell Jr., United States District Judge.

The following interpretation and commentary is mine and mine alone. I have no desire to mischaracterize the Order so PLEASE read it carefully and draw your own conclusions.

Justice is Blind. Justice should not be Blinded.

For too long has a dark cloud covered us. For too long the many have lived in the shadows of the few. For too long a fear has been in us that is palpable. The fear being that Justice has been Blinded by the Few at the expense of the many.

It is not healthy for us as a Nation and it is not healthy for us as individuals. It is no longer a conspiracy theory, or even a coincidence theory, that the "Powers That Be" have ruled over us with an unrelenting Iron Fist.

The bankers, their minions, and those responsible for keeping them in check are in league with each other.

They have formed an unholy alliance.

What I read in the Order is that this may be a "Turning". This Court may indeed by Blind; while refusing to be Blinded. What I read is the unholy alliance has serious problems.

Particulary noteworthy to this reader can be found on page 3, paragraph "e":

“Order the appearance of any persons necessary to settle any claims…”.

Does this mean filing Motions for Protective Order are prohibited by the Court?

It sounds like it to me. After all, what do they have to hide?

The Unholy Alliance has some serious issues to address lest they suffer the lash of a Trial by Jury.

If a settlement takes place mustn't the mortgage must be released at closing by the current mortgage owner (who’s that?) before a new mortgage with title insurance is issued.

Specifically, if the title company is not satisfied that there is a good release on the old mortgage, won't it refuse to insure a new mortgage?

Same applies if paid in cash – still need title insurance with homeowner as named insured. No?

If they won’t that means bad title and no standing. Title companies are in bad shape already.

The last thing they need is carrying even more bad paper.

These and many other issues will need to be considered...carefully...in the smoky haze of the Unholy Alliance back room.

Are we on the precipice of Great Change?

I hope so; a Special Master may have appeared. One that the Unholy Alliance will have to answer to.

Further background:

Federal Foreclosure Judge Requests Evidence. In Fact He Insists.

America - We Are At The Brink Of Our Own Destruction

State Of Rhode Island Foreclosure Moratorium?

TRO and Preliminary Injunction Granted. Who cares? Not Harmon Law.

A Happy Thanksgiving Story for the Grady Family

Foreclosure Fight Club Lawyers - Listen Up

Foreclosure Fight Club | George Babcock to Mark Harmon "Send Your M...

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Tags: Foreclosure Fight Club, Foreclosure Fraud, Jan. 5, 2012 Court Order, John J. McConnell, Jr., Merrill W. Sherman, Special Master, Too Big To Fail

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Comment by Capt. Jack on January 9, 2012 at 6:45pm

I have a funny feeling these cases are being settled at a brisk pace.

"Special Master" does sound rather sinister; and being a banker undoubtedly carries a certain stigma. Let's give her a chance.

If you read the Judge's Order a couple of things stand out.

"Order the appearance of any persons necessary to settle any claims…".

"Order the appearance of any persons necessary to settle any claims completely and or order the appearance of any non-parties, including but not limited to municipal and other government officials and lien holders, that may be essential for a total resolution of the claims;".

Ok...so if this were simply a matter of failing to dot "i's" and cross "t's" will these alleged lenders be allowed to file Motions for Protective Order like the always do?

Doing so makes it look like they trying to hide something.

I think what they are hiding is the fact that third parties via CDS have made them whole (mainly bailout bed-mate AIG); something they CAN legally do not more than once twice, not less than once never, but once. That, my friends, IS what they are hiding.

It has happened to you - whether in default or not. Your grand-children will be paying it back...and no; they won't be bailed out or recieve a bonus.

The rubber will meet the road when the time comes to insure the title.

Comment by Ace on January 6, 2012 at 10:39pm

Did I say RAT? I really meant a bankster.

Comment by Ace on January 6, 2012 at 10:36pm

What We Have Here, is A Failure, To Communicate...                            http://www.youtube.com/watch?v=a3WcuvL737A

The above Order stipulates that RI will now have an official MEDIATOR that works for and answers to the court. (@ $300/HR btw). Good move RI Legislature & Finally, a RI FCFC Defense Atty's that get's it & get's some respect. (See George Babcock here... http://www.babcocklawoffices.com/content/)

All US States' Foreclosure Mediation rules here...

http://www.nclc.org/issues/foreclosure-mediation-programs-by-state....

Yet, upon my initial vetting of Ms. Merrill W. Sherman as a former? Pres & CEO of Bancorp Rhode Island.?

2009 was a good year for her anyway...and 2006?

http://people.forbes.com/profile/merrill-w-sherman/9932

Why no info on what happened in 2006 on Wiki? Hmmmmm?

AND THEN WE HAVE 2011.

12-27-2011

Form 8-K on 27-Dec-2011, Filed w/ the SEC...

http://biz.yahoo.com/e/111227/bari8-k.html 

$3,577.478.79 in compensation and not a word about her stepping down @ Bancorp RI to take on the new RI Court Master Servicer position? Hmmmmm Strange you say?

I Smell A Rat. PLEASE SOMEBODY PROVE ME WRONG. Thanks For Playing.

For Your Own Vetting Enjoyment, Links Here...

http://en.wikipedia.org/wiki/U.S._Bancorp

http://valuewiki.wikia.com/wiki/Bancorp_Rhode_Island,_Inc._%28BARI%29

http://biz.yahoo.com/e/111227/bari8-k.html

Comment by Capt. Jack on January 6, 2012 at 4:00pm

Phred - really? Is this something you've actually done before or are you gossiping? You don't need a license to gossip or flap your lips non-stop on a chat board. Please provide some PACER links to your cases to clear things up.

Honestly, some of this stuff could give an aspirin a headache.

Comment by Phred Maldonaldo on January 6, 2012 at 3:42pm

This is so much BS. All they have to do is commit to returning the original promissory note after any FC and if note not returned within 60 days, FC is rescinded, borrower gets the house, and treble the amount of payments made by borrower.

Notice the Order referred to production of 'information' as opposed to the precise meaning of the word 'documents'. Hearsay is 'information'.

Comment by cc on January 6, 2012 at 3:32pm

For anyone interested, George Babcock will be on the Buddy Cianci radio show today at 4:30. You can listen online here http://630wpro.com/sectional.asp?id=18073, or if you are in the RI area it is 99.7 FM. Tune in, should be a good show!!

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