foreclosure process – DTC Systems Inc

The Mortgage Meltdown of 2006-2010: A Crisis of Fraud, Plausible Deniability, and Failed Legal Oversight

By Daniel Edstrom *
September 24, 2024

The mortgage meltdown of 2006-2010 wasn’t just the result of risky loans or Wall Street’s greed. It was a perfect storm where nearly every step of the process—from mortgage origination to foreclosure—was marred by misrepresentation, fraud, and systemic negligence. Central to this crisis was the culture of plausible deniability, where every participant could claim ignorance of wrongdoing, allowing the entire system to collapse without anyone being held fully accountable. And even when the crisis hit, the legal and regulatory system showed significant leniency toward financial institutions while homeowners were left to face severe consequences.

Investors Admit Criminal Enterprise at David J. Stern Law Firm in Florida

Investors Admit Criminal Enterprise at David J. Stern Law Firm in Florida

By Daniel Edstrom
DTC Systems, Inc.

Note the following from Neil F. Garfield on LivingLies:

Posted on January 5, 2012 by Neil Garfield

EDITOR’S COMMENT: This is the start of what we have been waiting for. Investors who purchased David Stern’s operation — a foreclosure mill that had been bank-rolled literally by the Banks. They actually have the necessary files, documentation and proof needed because they now own the company and they realize they were induced to buy a “criminal enterprise.”

This is what I have been talking about. Investors of all shapes and sizes are starting to awaken to the fact that the entire foreclosure process has been permeated by false statements as to the amounts due, the identity of the creditor, and the documents that “perfected” the lien, transferred the loan and were the basis for foreclosure. None of the foreclosures are real. That is a grandiose statement, but it will prove to be true. Continue reading “Investors Admit Criminal Enterprise at David J. Stern Law Firm in Florida”