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What should be ecstatic news for Americans was revealed in a recent article (May 5, 2011) from the
Curious Capitalist entitled, @


  
  
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that great news is that the Dept of Justice is suing Deutsche Bank for mortgage fraud. Basically the bank
defrauded the Federal Housing Administration.

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According to the Curious Capitalist, the DOJ is suing Deutsche under the False Claims Act, which was set
up to punish companies that lie to the government in order to get taxpayers money. This Act allows the
government to collect treble damages. So Deutsche Bank is looking at having to pay back nearly 1.2
billion dollars.

As a note, the FHA program that they ripped off was actually one set up by the government to help
middle income families buy homes.

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The Capitalist article closes with the heavy losses that FHA suffered and that the suit covers loans all the
way back to 1999. (hmmm, and the treble damages are only 1.2 billion? I should think that as the
months pass those numbers will rise dramatically).

I͛m pretty sure the list of banks that will get sued for this round of mortgage fraud against the
government will grow rapidly over the coming months. Almost a year ago now, Goldman Sachs settled
for 500 million with the Securities and Exchange Commission over similar crimes, mortgage fraud,
securities fraud, etc.

So it is good to see our government is protecting their taxpayer dollars.

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If you͛ve spent any time at all researching what is happening on behalf of the homeowner, you will find
it sums up to nothing other than pretense and lies. Honestly, I͛m going to have to assume that the
reason the DOJ is suing for lost taxpayer dollars caused by this mortgage fraud is because they were
tired of the pretense and lies being forwarded by the banks, so they got themselves sufficient evidence
of wrongdoing and filed suit ʹ V
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So we are at that point once again.  

 






 ! The government is
taking care of their needs, and the lenders are going to have to get that money from somewhere.

The problem with all these suits and investigations is that the government has not stopped the lenders
from foreclosing on these fraudulent loans. They͛re just going to punish the banks for all this mortgage
fraud by imposing huge fines. Meanwhile, you could become another wrongful foreclosure statistic.

But where is the bank going to get that money? We can figure that out pretty easily, it will come from
various moneymaking actions that banks partake in, and that includes foreclosure.

The banks don͛t stop foreclosure actions as we have all seen from earlier bank scandals for more than
what seems like a few minutes. You have to predict that the foreclosures are going to hit hard and
heavy as the banks work to pay off these punishments for the mortgage fraud they committed.

In essence, you have to protect your own interests. There are two excellent tools available to you to
ensure that the bank can͛t foreclose on you: The forensic loan audit (that reveals exactly what they are
getting punished for ʹ giving you a bad loan or not verifying that your loan was any good), and the
Securitization Audit (that goes more into the whole area that Goldman Sachs got busted for last year ʹ
turning your loan into stocks and bonds in such a fraudulent way that now the bank can͛t foreclose on
you anyway). But you͛ll have to get the audits done, and then put them in the hands of capable
professionals who can negotiate on your behalf. Tila Solutions is the place to go.

Let͛s face it: Just because the bank is guilty of mortgage fraud and getting sued, investigated and raked
over the coals by more entities than we can easily track these days doesn͛t mean they won͛t foreclose
on you, so join the crowd and protect your interest.

Just be smart and stop listening to the lies and pretences from those loan mod folks at your bank, it
only takes a couple of weeks to modify a loan, and how long have you been at that loan mod now?
Protect your interests, get audits which show where the guilt lies and opens doors that have been shut
to you.

Do yourself a favor and call Tila Solutions! I hope that you will too. 702 508 0335 ʹ or visit them online
at www.tila-now.com