Florida Attorney General Pam Bondi (Aka Blondie) A Bank Moral Hazard? Why Can't She Be A California Girl?- – Wall of Shame
Dd you read her arrogant statements in the Palm Beach Post article yesterday? That article stated that Attorney General Pam Bondi would not comment on California dropping out of negotiations except to say that she has no plans to follow suit. Well I think that is a pretty arrogant response to have. That is after you consider that California Attorney General Harris had just stated that the banks offer to bring relief to the homeowners was NOT EQUAL TO THE PAIN THAT HOMEOWNERS EXPERIENCED. This is why I guess we are to assume that Pam Bondi thinks that the banks settlement offer DOES EQUAL THE PAIN that the Florida homeowners experienced. Well — do the Floridians feel that their settlement money going directly to the State of Florida will equal the pain that they suffered?
Well it looks like Californians will celebrate a very special 4th of July today after of the announcement of the Homeowner Bill of Rights yesterday being one step closer to becoming law now that it has passed the California Legislature. This is because the bills were approved 53 to 25 in the State Assembly and 25 to 13 in the Senate and are now on the desk of Governor Jerry Brown for consideration.
Now many California’s who are currently struggling with their home being foreclosed on are wondering just what kind of immediate relief — if any — this will bring to them – and so do I. I mean, I understand that the two identical bills passed by the conference committee contain key elements of the legislative package and provide protections for borrowers and struggling homeowners, including a restriction on dual-track foreclosures, where a lender forecloses on a borrower despite being in discussions over a loan modification to save the home. I also understand that the bills also guarantee struggling homeowners a single point of contact at their lender with knowledge of their loan and direct access to decision makers. I understand that, for the first time, the Homeowner Bill of Rights imposes civil penalties, of up to $7,500, on the repeated filing of foreclosure documents without verifying their accuracy, a practice commonly known as “robo-signing.” In addition, I also understand that homeowners may now require loan servicers to document their right to foreclose – and so on.
I know the California Homeowners Bill of Rights calls for the following:
- Fighting neighborhood blight and increasing fines against owners who don’t care for their properties.
- Tenant protections that honor existing leases or gives them 90 days before they can be evicted from a house that is foreclosed on.
- A $25 fee to be paid by mortgage services, or a bank, every time they record a notice of default.
- Creation of a special grand jury to investigate real estate crimes.
- It said that will help homeowners who have been unjustly foreclosed on, people who have tried to get modifications and help tenants.
- As well as the following: California Homeowners Bill of Rights
However, many Californians do not understand what this bill does for those who are currently foreclosed on now. For example, has the Homeowners Bill of Rights provided a process that will help stop the foreclosure and sale of a home where there have been multiple trusts and multiple beneficiaries existing where the bank is unable to accurately identify the actual owner of the debt? I ask this because that is pretty much the situation with almost every single loan in foreclosure out there. That is why I am going to spend the next few days trying to answer that question.
Nevertheless, make no mistake, because the California Homeowners Bill of Rights is a major step in the right direction.
There has been a variety of positive responses from many people around the other states in our union here at Piggybankblog.com about the historic California Homeowners Bill of Rights being passed here in California — while wondering why their Attorney General does not do the same thing.
In retrospect — it almost sounds like Pam Bondi is willing to accept money from the banks to not prosecute them for their crimes. Now I do not know what you call that — but I call that “racketeering talks” and not “settlement talks.” This might imply that Florida Attorney General Pam Bondi might be eating out of Bank of Lobbying America’s piggy trough with the other AG’s in these potential racketeering talks.
Campaign Contributions frm Companies CURRENTLY Under Investigation by Pam Bondi
Sure, let’s make a big deal about the firings of the AG’s investigators June Clarkson and Theresa Edwards. We should and we must.
But the fact that Bondi took campaign contributions from Lender Processing Services WHILE there’s an active investigation into Lender Processing Services is even more concerning. (Not to mention the hiring of Joe Jacquot, a former lawyer from Bondi’s office by LPS the same week that June and Theresa were fired. His new position, Senior Vice President of Government Affairs for Lender Processing Services, Inc.)
The firings can be dismissed as inter-office politics; the campaign contributions are best described as bribes.
Firings + Bribes = CORRUPTION?
How can you take campaign contributions from a company that the AG Office investigating?
Who can the AG negotiate in good faith with the other states’ AGs against the banks when she has a dog in the fight?
Florida’s Attorney General Pam Bondi took campaign contributions from TWO companies CURRENTLY under investigation by her office for foreclosure fraud-related activities, Lender Processing Services and Provest. Lender Processing Services donated directly to Bondi’s campaign through LPS, its subsidiaries/affiliates, its in-house counsel, and at least one attorney employed by its in-house counsel. Members of Provest’s senior management, including its founder and CEO, as well as an executive vice president’s WIFE, contributed to Bondi’s campaign.
There are SEVENTY NINE PAGES of Bondi campaign contributors: there may be many more contributors with a direct relationship with companies currently under investigation by the Florida Attorney General.
- Bill McCollum began investigations into LPS and Provest while Attorney General.
- Did Bondi fail to research the AG’s office and familiarize herself with investigations started under her predecessor/opponent in the primary prior to campaigning for his job?
- How can Bondi properly investigate companies already under investigation if she took “contributions” from them?
- How can Bondi act in good faith and represent the citizens of Florida in negotiations with the other states’ attorneys general against the banks when she took campaign contributions from companies/their managements whose businesses are dependent on the very banks under investigation? (4closurefraud.org) (Picture posted by piggybankblog) - read more
This is why Florida Attorney General Pam Bondi might have all the finger prints of being a pawn for the banks. This is after you consider in July Queen Attorney General Bondi would end up firing two of the leading foreclosure fraud attorneys for what she called “poor performance.” As if Queen Attorney General Bondi is one to talk! Yet let the record show that there were many that were suspicious of Queen Bondi firing these two when one of them was Orlando House Democrat Darren Soto (D-Orlando).
Darren Soto had written the following letter to Queen Attorney General Bondi:
Dear Madam General,
It has come to my attention that two assistant attorney generals, Theresa Edwards and June Clarkson, were recently terminated by your office for poor performance. However, public records indicate that these terminations occurred while they were in the midst of successful mortgage fraud litigation and in spite of prior successful reviews. As a member who represents an area ravaged by foreclosure fraud, these terminations present an overwhelming public concern.
REQUEST IS HEREBY MADE pursuant to Public Records Act, Chapter 119 of the Florida Statutes that your office provides me with any and all records related to job performance of Theresa Edwards and June Clarkson within the past 3 years. Please also provide a list of all case numbers for all currently active cases managed by Theresa Edwards and June Clarkson for your office as well as the amounts of any settlements occurring within the past 3 years in any cases managed by Theresa Edwards or June Clarkson along with corresponding case number.
If you have any questions or comments, please do not hesitate to contact my office. Thank you in advance for your attention to this matter.
Darren M. Soto
Then Florida Attorney General Pam Bondi goes on to say that it is a bi-partisan effort because she wants to get every penny back for the State of Florida that she can — while at the same time –Pam Bondi stipulated IN MARCH that she is opposed to a principal reduction for homeowners. Her reasoning was because it was unfair to people paying their mortgages and could create a “moral hazard” that would lead to others planning on defaulting. Now I find it interesting that Queen Attorney General Bondi seems to identify anything other than Bank of Defrauding America as a “Moral Hazard.” Yet don’t all of you find it interesting that Queen Attorney General Bondi does not seem worried about rewarding Bank of Lobbying America? Instead — she seems more worried about people who do not pay their mortgage being rewarded according to an article in 4closurefraud.org.Let the record show that Bondi does not seem too concerned with WHY people are refusing to pay their mortgage. What if it is because Bank of Defrauding America is doing things like maybe putting themselves down as the beneficiaries of the sale of a house they fraudclose on after they told us they were just the “Servicer?” What if it is because the “Investor” has already collected the insurance money. In this example — it would means “The Servicer” KEEPS THE MONEY FOR A HOUSE THEY DO NOT OWN! If true — would this mean Bank of Defrauding America might also be keeping the mortgage payments we make to them FOR A LOAN THEY DO NOT OWN?
Something tells me that Queen Bondi does not really care about victimized homeowners — after she makes statementss such as this below:
“Some homeowners may simply default on their loan and use the States’ agreement to obtain a principal reduction — whether or not they actually made an effort to maintain their mortgage,” wrote Bondi, who serves on the negotiating group’s executive board.
She called it a potential “moral hazard” that “rewards those who simply choose not to pay their mortgage — because they can simply take advantage of lenders‘ obligation to honor virtually automatic principal write-downs.” – article
So let me get this right — because “some might” default on their loan to get a principal reduction — which by the way she has not produced even one person as evidence of this — Bondi feels it is appropriate to punish the ones who did not pay their mortgage who are not paying because they are victims. Instead — Queen Bondi finds it appropriate to maybe be both Attorney General and Judge before people have had their day in court.
Now does that sound fair Queen Bondi?
The picture above might be better represented if it said instead:
“Don’t reward those who simply choose not to pay their mortgage. Instead you should reward Bank of Defrauding America for their potentially irregular, illegal, unsafe and simply abusive fraudclosure procedures.”
At least we don’t have to guess what side she is on. SHE IS ON THE BANKS SIDE! This is because apparently Florida Attorney General Pam Bondi might think that people who did not pay their mortgage deserve to be victims of a irregular, fraudulent, illegal and simply unsafe mortgage banking practices.
Yet — why should the Florida people care what she thinks about people not paying their mortgage? She is not Queen for crying out loud. She is only THE FLORDIA STATE ATTORNEY GENERAL and NOT A STATE LEGISLATOR.. The Florida Attorney General Pam Bondi’s job is to protect Floridians by upholding Florida’s laws and the Constitution — which by the way — as defined in the Florida Constitution the Attorney General should be appointing a statewide prosecutor to prosecute violations of the law. Does anyone here think the banks violated the law? Anyway it does not say that she is able to pick and choose laws to stop a “Moral Hazard.” This is a potential abuse of power — if not an obstruction of justice — in which a civil rights lawsuit should be maybe filed against her with no further delay.
Bondi should have walked out of the settlement talks like Wall of Fame Winner Kamala D. Harris did.
Oh I wish they all could be California girls!
That is why I urge the Florida people to write Florida Lt. Governor Jennifer Carroll to do the same thing that California Lt. Governor Gavin Newsom did here in California. Tell her that the Florida people want her to put pressure on Queen Bondi to reject the bank foreclosure potential racketeering settlement. Let Lt. Gov Jennifer Carroll know that you will hold her accountable in any future elections by not voting for her if she does not try and help protect you from Florida Attorney General Pam Bondi.
Jennifer Carroll Email: firstname.lastname@example.org
Therefore does the Piggybankblog Council findFlorida AG Bondi Blondie guilty or not guilty?
That is why it seems the only “Moral Hazzard” might be Florida Attorney General Pam Bondi herself.
My name is John Wright AND I AM FIGHTING BACK!
All Rise! The Honorable Judge Wright has left The Courtroom of Public Opinion!
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Piggybankblog posted on 07/29/12
Cross linked story with 4closurefraud.org
As most of you know, Bondi is not a friend to some on this list and is definitely not a friend to our fight against unnecessary/fraudulent and illegal foreclosures.
As Mitt Romney draws closer to a decision about his 2012 running mate, speculation about who the Republican presidential candidate will select to be his No. 2 has reached a fever pitch.
Romney is expected to make the announcement sometime after he returns from overseas next week. In the meantime, his campaign has launched a major surrogate blitz, dispatching seven of the most buzzed-about VP contenders to rally Romney supporters in swing states.
But this afternoon, the campaign added a surprise name to the list: Florida Attorney General Pam Bondi.
According to a campaign release, Bondi will travel miles away from her home state on Saturday to stump for Romney at three stops in New Hampshire, including a Women for Mitt Kickoff Breakfast in Concord, and campaign office openings in Bedford and Stratham.
Incidentally, the events will put Bondi in close proximity to both the Romney campaign headquarters in Boston and the Romney family’s vacation compound on New Hampshire’s Lake Winnepesaukee.
Conventional wisdom would suggest that Bondi is not high on Romney’s VP list. The specter of Sarah Palin still looms large over the Republican Party, and Bondi, with her unknown background and all-American sorority-girl looks would undoubtedly spur Palin comparisons and a 2008-style media feeding frenzy.
But there are actually some compelling reasons why Romney might be considering Bondi for his No. 2 spot. And given that everything anyone writes about the VP process so far is only speculation, we might as well have some fun.
Here’s why Bondi might be on Romney’s shortlist:
- She’s a woman. And she’s young. While the Romney campaign is said to be looking for experience and gravitas, there are obvious demographic advantages to picking someone who can appeal to women and young people.
- She’s from Florida. Bondi could give Romney a much-needed advantage in the crucial swing state.
- She tried to take down Obamacare — and almost won. Bondi was the lead attorney general in the lawsuit to overturn the Affordable Care Act. With her as VP, Romney would have one less problem to deal with.
- She’s really pretty.
Piggybankblog posted on 11/03/12
Cross linked with myfloridalegal.com
TALLAHASSEE, Fla.—Attorney General Pam Bondi, President-designate Don Gaetz and Speaker-designate Will Weatherford today jointly announced their support for a plan for allocating the remaining $300 million that the Attorney General recovered for Floridians in the national mortgage settlement. The plan ensures that the entirety of these funds will be spent consistent with the terms of the settlement agreement, but also that the funds will be allocated through the legislative process. These settlement funds are in addition to the approximately $7.5 billion in expected relief that the national mortgage settlement provides directly to Florida homeowners.
At the next meeting of the Legislative Budget Commission, with the support of Gaetz and Weatherford, Bondi will seek approval for budget amendments to disburse $60 million of the settlement funds. Bondi anticipates proposing that the $60 million be used to fund down payment assistance for Floridians, foreclosure-related legal assistance and counseling, state court initiatives to ease the foreclosure backlog and Attorney General’s office enforcement efforts.
The balance of the funds will be allocated through the appropriations process in the upcoming legislative session. Gaetz and Weatherford have agreed to support the appropriation of approximately $200 million for housing-related purposes, consistent with the terms of the settlement agreement. Although the specific appropriations must be determined through the legislative process, possible uses of these funds include foreclosure prevention, neighborhood revitalization, affordable housing, homebuyer or renter assistance, legal assistance, counseling and other housing-related programs. Finally, consistent with the discretion afforded her under the settlement agreement, Bondi will designate approximately $40 million of the settlement funds as additional civil penalties.
“This plan gets much-needed assistance to the homeowners and communities suffering the effects of the foreclosure crisis, and ensures that the settlement funds are spent with the transparency, accountability and flexibility that comes from the legislative process,” said Bondi. “I thank President-designate Gaetz and Speaker-designate Weatherford for working together with me to implement the mortgage settlement in a way that’s in the best interests of our state.”
“I am grateful to Attorney General Bondi and Speaker-designate Weatherford for working with us on a proposal which ensures that these funds are appropriated by the legislature in a transparent and accountable manner,” said Senate President-designate Don Gaetz (R-Niceville). “Together with the approximately $7.5 billion in relief that will go directly to homeowners, this funding will play an important role in the multitude of state and federal efforts to provide relief for homeowners facing foreclosure.”
“I appreciate the hard work of Attorney General Pam Bondi and Senate President-designate Don Gaetz both in securing the settlement for distressed homeowners and for representing the interests of the state,” said Speaker-designate Will Weatherford (R-Wesley Chapel). The framework that has been outlined today will enable the Legislature to fulfill its important duty as appropriators while also directing these funds to those who have been negatively impacted. I look forward to working together in the upcoming legislative session.”
Attorney General Bondi formally entered a landmark $25 billion joint federal-state agreement with the nation’s five largest mortgage servicers over foreclosure abuses and unacceptable nationwide mortgage servicing practices. In addition to the funds described above, the agreement provides direct relief to homeowners and mandates extensive reforms of the banks’ mortgage servicing practices. For more information regarding the settlement, please click here: http://myfloridalegal.com/pages.nsf/Main/C13C72583D0EF5BB8525799F00595D99
My name is John Wright AND I AM FIGHTING BACK!
All Rise! The Honorable Judge Wright has left The Courtroom of Public Opinion!
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