01 December 2015

KingCast and Mortgage Movies Present: The Seattle Mortgage Economic Reality Summit (MERS).


6 Jan 2015 Update -- And there it is, folks.... Multnomah County v. MERS et al.... a $9M settlement against MERS in Oregon proving that our claims and arguments have substantial merit. (The problem is that it's an illegal agreement because it allows MERS to carry on with its well-established illegalities.... )The firms originally filed the case as a $38 million lawsuit against Mortgage Electronic Registration Systems, Inc. and its parent company MERSCORP Holdings, Inc. The county last May filed an expanded suit accusing MERS of fraud and seeking damages of $160 million. 

Though the case began in state court, it eventually moved to federal court, then mediation. “The abuse of the public recording system and failures of the MERS System are not some hypothetical wrong—they are real and have had devastating and long-term effects upon the public recording system and the homeowners who have been its victims,” the county's suit said. The agreement also resolves claims against several banks, and does not say which of "certain defendants" would pay the $9 million.

I will find the case in Lexis or Pacer later today and post it.


The videos: Share them. Will King County Recorder of Deeds face taxpayer litigation a la Downey v. Pierce County, 165 Wn. App. 152; 267 P.3d 445; 2011 Wash. App. LEXIS 2710 (2011) (Petition for Review Denied July 12, 2012 at 281 P.3d 688.... or will they Do the Right Thing? Time will tell.
Streaming interview Saturday 26 December at Robin Koerner Radio Show, hard link to follow.

Tune in 6pm Thursday 17 Dec. 2015 Eyes on Washington (The Answer 1590) for an hour of conversation with Doug, Marty, Marie and Yours Truly.

December Susan Harmon Hour (KKNW 1150) with Marie McDonnell


October Susan Harmon Hour (KKNW 1150) with Attorney Scott Stafne and Yours Truly.



Buy the Wolf v. Wells Fargo McDonnell Analytics Report: 

Marie McDonnell is providing an electronic copy of the expert report she wrote on behalf of the Plaintiffs in the Wolf v. Wells Fargo case in which the jury awarded the Wolfs $5.38 million.

The deliverables will be:

Securitization Analysis and Foreclosure Forensics™ report by Marie McDonnell
Fourth Amended Petition by W. Craft Hughes, Esq.
Jury Verdict
Media reports 

Collectively, these documents establish the "yellow brick road" that lead to this precedent setting jury decision and there are many pearls of wisdom to be gleaned therein.

Contact a FB administrator or Ms. McDonnell directly for purchase.
The Story shall be told.


Facebook page. The Story is Being Played out in Hollywood with Brad Pitt and Christian Bale in the Screen Adaptation of Michael Lewis’ “The Big Short.” 

The Big Short is a 2015 American biographical comedy-drama film written and directed by Adam McKay. It is based on the 2010 book of the same name by Michael Lewis, about the Financial crisis of 2007–2010 by the build-up of the housing and credit bubble. The film stars Christian Bale, Steve Carell, Ryan Gosling, and Brad Pitt. The film is scheduled to be released on December 11, 2015, by Paramount Pictures. Brad Pitt said of the film that “It’s a story that needs to be told because nothing has changed.” Trailer.


  This thread picks up on the older thread in which we addressed the City’s rejection of Marie McDonnell (2014 CV) and her reviews, regardless of her acumen.  We are now working to bring her to Seattle on our own accord. The top video is my trailer for the December 13 Event at the scene of the 2013 Foreclosure and Underwater Home forum conceived by Yours Truly and several housing advocates and attorneys and attended by 6 of 8 Seattle City Council Candidates. The second video is the Seattle Project overview produced by Fred Popke and Marie McDonnell.


The fact that the City refuses to fully embrace transparency is troubling: They requested confidentiality from their own consultant who was engaged to study public documents. They redlined her documents and would not allow her to simply state exactly what she stated to the Jury in Wolf.


The Press Release is below and replicated in the comments at bottom.

1 comment:

Christopher King said...

THE MORTGAGE ECONOMIC REALITY SUMMIT

How and why the Mortgage Crises affects housing,
rental rates, homelessness, your property values and education.

SUNDAY 13 DECEMBER 2015

Bethany United Church of Christ
6230 Beacon Avenue South
Seattle, WA 98108

Doors at 2:45 – Presentation to commence at 3pm.

***********************
This is an introductory event open to all individuals and groups interested in the foreclosure, housing and economic crisis in Washington State and discussing solutions. If you are a policy maker wanting to learn more, a homeowner suffering in silence, a member of a non-profit or faith based organization or simply a concerned citizen, come join us for an honest discussion.

In Seattle Mayor Murray called an emergency to address the homeless problem but without a systemic approach we are doomed to half measures that will never approach solvency. There are 3,000 homeless schoolchildren in Seattle alone, and nearly a million homes in Western Washington that are either underwater or in some stage of foreclosure.

Foreclosure – often illegal – is increasingly a root cause of all of this, and foreclosures are on a 12% rise this year across the Country.

Marie McDonnell of McDonnell Analytics will be keynote speaker and presenting her findings and recommendations relating to foreclosure in Washington State. As her abbreviated CV indicates (attached), she and her partner Fred Popke have trained attorneys general and provided substantial testimony in several states including landmark cases of Ibanez, Becker v. MERSCORP, and most recently in Wolf v. Wells Fargo et al., the Texas case in which a jury awarded the Plaintiff homeowners $5.4 Million in compensatory and punitive damages for fraudulent foreclosure. She also provided an Affidavit relative to the nefarious conduct of DocX’s Lorraine Brown, one of the few banking executives or partners to receive a criminal conviction based on mortgage and document fraud. Top tier law schools and their professors throughout the Country have vigorously supported her position.

Come and learn why it is important to YOU!

For further review please view the short trailer: https://www.youtube.com/watch?v=GNXokyqWHLU

As well as the ten-minute focus video produced by McDonnell analytics:
https://www.youtube.com/watch?v=ncJK1HOsGRE

……both available and our Facebook page.


TOGETHER WE CAN MAKE A DIFFERENCE