October 26, 2013:
R&L Associates Law has sued Lender Processing Services, Inc. for failing to clear clouded property titles they created, which fixing the titles was part of their settlement agreements with the U.S. Department of Justice (DOJ), 46 states & the District of Columbia.
LPS’ former subsidiary DocX’s CEO went to prison for the title scam, and LPS agreed to fix all the clouded titles; however, that is simply not happening and DOJ nor any state AG is doing anything about it. The damage is still affecting consumers in the District and around the country.
October 26, 2013:
R&L Associates has filed a lawsuit against Suntrust Mortgage, Inc. for discriminating against minorities with their terms and prices. The lawsuit has been filed in Washington, D.C. Suntrust admittedly discriminated against minorities in the District and around the country, charging them higher prices and rates.
UPDATE: October 1, 2013
Based on new evidence received from the District of Columbia Attorney General’s Office directly related to the Defendants / D.C. residents who have been defrauded, R&L voluntarily dismissed the lawsuit filed in June referred to below and we are filing multiple lawsuits on the same legal issues, starting next week, that includes our new evidence both in the District and Nationwide.
July 18, 2013:
Prescott Lovern Sr.’s massive [multi-trillion dollar] Private Attorney General, law enforcement, pending action against Merscorp Holdings, Inc. / Mortgage Electronic Registration Systems, Inc. (MERS), Fannie Mae, Fidelity Title, Seterus [IBM], Lender Processing Services, Inc. (LPS) et al should shut down MERS forever, provided the court follows the law. The lawsuit explains in detail how the banks that control MERS systematically, and in a premeditated plan destroyed the real estate chain of title system in the United States between the years 2000 and July 2011; and, it is beyond repair. MERS and their criminal banking partners / Members have engaged in mortgage, title & foreclosure fraud nationwide beginning in 2000, and continue to do so even though the Regulators claim they are stopping it, which is nothing but disinformation.
To make matters worse, the federal government has been trying to conceal as much of this as possible in an attempt to protect their “Too Big To Fail” banks / entities. The mortgage / banking regulators are part of the problem.
The next big revelation will be the mortgage, title & foreclosure fraud associated with commercial property, all created by MERS.
June 20, 2013:
Today R & L Associates Law added Seterus and Fidelity Title Group to the private attorney general, extraterritorial, lawsuit that also names MERSCORP Holdings, Inc., Mortgage Electronic registration Systems, Inc. (MERS), Fannie Mae, Lender and Processing Services. [D.C. Superior Court case No. 003715 B]. The lawsuit covers every MERS fraudulent title conveyance document recorded nationwide between 2000 and July 2011. Each victim is entitled to statutory damages in the amount of $10,500, and their are millions of victims, which equates to hundreds of billions of dollars.
“There will be more lawsuits filed against banks, mortgage companies, mortgage service companies, banking regulators, government officials, and foreclosure law firms,” stated Lovern.
May 28, 2013
Prescott Lovern, Sr. has filed a Private Attorney General lawsuit against Mortgage Electronic Registration Systems, Inc. (MERS II), it’s parent company Merscorp, Inc. (MERS I), Fannie Mae & Lender Processing Services, Inc. This is the first of a series of lawsuits designed to stop mortgage / foreclosure fraud. Additional defendants will be added to this case. If the law is applied correctly, fraudulent MERS II title conveyance documents will no longer be able to be used to facilitate illegal foreclosures, as a result of this lawsuit. The mortgage registration system created by the bank / mortgage industry was ill-conceived and MERS I & II need to be shut down.
The millions of properties nationwide that do not have clear title because of MERS I & II fraudulent title conveyance documents, now those current & former home owners have a chance to receive just compensation for the frauds perpetrated on them by MERS I & II et al, part & parcel to this lawsuit and upcoming lawsuits to be filed against banks, mortgage companies, mortgage service companies, & corrupt government officials who have been lying to the public for years. This lawsuit will pave the way to finally, once and for all, clean up the mortgage / foreclosure fraud in the United States, which has trillions of dollars of liability. There is no bank too big to fail.
The National Mortgage Settlement is a joke, giving home owners whose house was stolen form them a few hundred dollars in restitution. Now state & federal government officials will have to deal with the truth. Fannie Mae, Freddie Mac, HUD & the Veterans Administration, et al, and their banking partners, continue to participate in mortgage / foreclosure fraud daily, despite evidence given to them by Prescott Lovern, Sr.
UPDATE – December 10, 2012:
Two key defendants hid from service processors so we dismissed without prejudice and will re-file two new suits against VIA and its executives.
October 1, 2012
Prescott Lovern today sued VIA Motors, Inc. (VIA) and three of its executives over alleged securities fraud connected to Raser Technologies, Inc. (a.k.a. Cyrq Energy). The lawsuit, filed in D.C. Superior Court, also names Kraig Higginson, Richard Clayton and Alan Perriton. The lawsuit states the Defendants manipulated the market in violation of District and federal securities laws with false SEC filings when VIA was owned by Raser Technologies, Inc.
October 1, 2012
Prescott Lovern filed a Private Attorney General lawsuit today in D.C. Superior Court, Case No. 2012 CA 007778B, over the illegal collection of social security numbers, part and parcel to Currency Transaction Report (CTR) – FINCEN Form 104, because the banks doing the form on behalf of the federal government, and the Form itself, do not provide required statutory disclosure before collecting the SSN, resulting in federal felonies every time a 104 CTR is done. There are between 12-14 million CTRs done annually, and there have been over a 100 million federal felonies committed in the last 4 years by the executive branch and U.S. banks.
Statutory damages are in the trillions for each named defendant, and their are 56 named defendants, including Treasury Officials, FINCEN Officials, National Bank Executives, Bank Regulators, Ben Bernanke – Federal Reserve Chairman, all federal reserve banks, and major bank holding companies who have branches in Washington, D.C. [Citigroup, Bank of America Corporation,BB&T Corporation, Citizens Financial Group,JP Morgan Chase & CO, Fifth Third Bancorp, HSBC North America Holdings, Inc., M&T Bank Corporation, PNC Financial Services Group, Inc.,SunTrust Banks, Inc.,TD Bank US Holdings, US Bancorp, and Wells Fargo & Co]; plus, Deutsche Bank Corporation and Deutsche Bank Trust Company Americas.
September 7, 2012: [This case was originally filed over a year ago but kept under seal by the current administration in two different courts to try and prevent exposure before the election].
Prescott Lovern of R& L Associates Law has filed a Qui Tam lawsuit against THE PRUDENTIAL INSURANCE COMPANY OF AMERICA; DEUTSCHE BANK TRUST COMPANY AMERICAS; MERRILL LYNCH CREDIT PRODUCTS, LLC; MERRILL LYNCH L.P. HOLDINGS INC.; MERRILL LYNCH, PIERCE, FENNER AND SMITH INCORPORATED; ZURICH AMERICAN INSURANCE COMPANY; THERMO NO. 1 BE-01, LLC; INTERMOUNTAIN RENEWABLE POWER, LLC.; RASER TECHNOLOGIES, INC. – Case No. 12-00704, U.S. District Court, District of Columbia, to recover almost a $100 Million Dollars on behalf of U.S. Taxpayers.