A Funny Thing Happened on the Way to the AZ House of Representatives… After passing the Senate 28-2… SB 1259 Completely Disappeared Posted by 4closureFraud on April 22, 2011 · 25 Comments

Well, kind of disappeared…

It actually was completely revised…

We covered this bill back in February…

Posted by Foreclosure Fraud on February 23, 2011 ·

Remember SB1259? Goodnight Banks: Arizona Well what do we have here? A. FOR ANY BENEFICIARY WHO IS NOT THE ORIGINATING BENEFICIARY ON THE DEED OF TRUST, THE BENEFICIARY SHALL RECORD A SUMMARY DOCUMENT REGARDING THE BENEFICIARY’S LEGAL INTEREST IN THE DEED OF TRUST THAT CONTAINS THE FOLLOWING INFORMATION IN CHRONOLOGICAL ORDER: THE FULL NAME AND ADDRESS OF RECORD … Read more

Now we have this and I find it very concerning… After passing 28-2 the bill changed from foreclosures; proof of ownership to noncontiguous county islands; fire services? WTF?

From Mandelman…

I called an Arizona foreclosure defense attorney, Don Loeb, who lives in Phoenix, and who had suggested that we meet for dinner during my stay in the Valley of the Sun, and while I had him on the phone, I asked him about the status of Senator Reagan’s bill, as I had been unable to find anything about its status online. In fact, when I had searched for information on-line, S.B. 1259 seemed to be about something about firefighters… I was sure I was doing something wrong.

What I heard Don say, however, made no sense to me whatsoever and it simply wasn’t sinking in for the first minute or two… Don said S.B. 1259 was gone, replaced by something having to do with firefighting… he said I needed to speak with Beth Findsen to get the details.

I hung up feeling kind of numb, to be honest. How could such a thing have happened? I went back to Google to search for anything describing what had transpired… to absolutely no avail. There was not a single news story on S.B. 1259’s demise… nothing written by a journalist… nothing even on the state senate’s Website.

Beth Findsen is a foreclosure defense and consumer lawyer whose been a reader of mine for some time now, and I like her a great deal. Her husband is an ex-Wall Street type… not a banker per se, but more an financial advisor kind of guy I think.

Beth answered her cell phone when I called, having arrived in Phoenix the night before… and she confirmed that although she couldn’t comment on every aspect of Michelle Reagan’s bill as a result of attorney-client privilege issues, she could confirm my that it had vanished into thin air. It had happened over the weekend just prior to it landing in the House for the vote.

Check out the post in full here…

Well I went and pulled the bills versions and posted them below.

Completely different. You would never know that they were ever related.

The banksters are powerful.

They “win” again, for now…

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4closureFraud.org

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Arizona SB1259 Foreclosures; Proof of Ownership

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Arizona SB1259; Relating to Fire Districts

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