Ohio Secretary of State Jennifer Brunner – Notarize This: The Brewing Foreclosure Storm

From the Huffington Post…

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This is beginning to look like a storm that blew right into Oz.
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Just as it took a dog named, “Toto” to pull back the curtain to see what was being perpetrated on Oz, maybe what some consider a minor detail, like notarizing documents as the law requires, will help the Dorothy’s of this day and age have a home to go to.

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Jennifer Brunner

Jennifer Brunner

Ohio Secretary Of State

There is a gargantuan storm brewing. The conditions were set for it with Congress’ repeal of the Glass-Steagall Act in 1998, loosening restrictions on banks to sell securities and still lend money for consumers to buy homes.

In just 12 years these pressure fronts are about to erupt because of something as simple as how documents are notarized. I am reminded of the fact Timothy McVey was apprehended, not because he robbed a bank, but because the tags on his car were expired. One thing leads to another, and what unfolds is the discovery of something so fundamentally wrong that it can’t be ignored.

Ever wonder why President Obama brought into the White House financial advisors who seemed to have come from the thick of financial practices we were trying to shed? That’s because our home mortgage financial transactions and what happens to the paperwork after we sign it have become so complicated, it took people who knew the system to clip the right wires so the bomb didn’t detonate.

I’m from Ohio, where home mortgage foreclosure rates remain among the highest in the nation. My parents grew up in a rural Ohio town so small that the town residents today still go to the post office for their mail. What I learned from my parents was to be honest and work hard. We were taught, like many others, to respect authority, play by the rules, only take what is yours, be kind, treat others with respect and stand up for what is right.

That’s not what American consumers have gotten from today’s lending industry. Since the repeal of Glass Steagall, the creation and trading of mortgage-backed securities have become a norm, enjoying less regulatory oversight than for traditional securities trading. Mortgages now became parts of “tranches,” a French word for “pieces,” that back securities sold. Mortgage notes, which must to be recorded to become a lien on real estate are now, through a sleight of hand, secondary to the interests of the mortgage backed securities traders with the advent of Mortgage Electronic Registration Services, Inc. (MERS) which facilitates trading without recording the changing ownership interests in mortgages. Local governments lose revenue from recording those changing interests, and the original note often becomes lost in the brisk shuffle of trading and reassigning them to various tranches that back purchases of them from all over the world.

You can check out the rest here…

Thank you Ms. Brunner!

Give me a call, would love to chat…

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4closureFraud.org

Comments
6 Responses to “Ohio Secretary of State Jennifer Brunner – Notarize This: The Brewing Foreclosure Storm”
  1. Elyse says:

    All the banksters are involved so I might suggest everyone get any money they have in any bank and open an account in a CREDIT UNION…Those are operated by the members for the members and not shareholders!!

    This is going to finally blow and keep whatever you have left…as safe as you can!
    Just do not leave your homes…they do not own them…

  2. azusgm says:

    Secretary Brunner still should have gone to her state attorney general to gain support. Together, they should have gone to the other various state secretaries of state and state attorneys general, not the Feds. It is a hand-off of jurisdiction to get the Feds involved. The involvement of the federal executive branch of government may have been self-defeating to the cause of cleaning up of the mess and justice for all parties (including prosecution or financial destruction of the guilty racketeers).

    • Danno says:

      You should learn the law before you spout off criticism that has no basis other than your opinion. Look up the Ohio statutes that grant her authority and you will see that she was not able to take it to the atty general. Had she done it your way it would not have been a valid enforcement action on her part. You are wrong, wrong, wrong.

      • azusgm says:

        If you don’t mind, could you please send me the links to the relevant statutes? I would enjoy reading them. (No sarcasm. I truly would enjoy reading the statutes tonight.)

        I’m still waiting for some sign of life from the Justice Department, but have seen nothing of significance so far. Since Wash DC appears to continue to be captured, the states seem to offer more hope.

        Here are some state officials testifying before the FCIC earlier this year. It sounds as if some of the state officials are saying that, at times, the federal regulators have a way of claiming supremacy and making investigations come to naught.

        http://www.c-spanvideo.org/program/291321-2

  3. mogle says:

    It’s so about time! That, along with Ohio Attorney General letter to the courts is all we needed. Ours started with gathering info for re-finance. No one could tell us who had the note. We’ve got proof of the fraudulent documents filed against us and an exact address of the robo-signer for summons on a fraud counterclaim.

    Even my boss of 10 years (an attorney who does not specialize in foreclosure defense) told me a couple weeks ago that I might as well just pay them even if they aren’t the real party in interest, holder in due course, filed fraudulent docs, etc., because I owe “someone” and at least I would have record of paying “someone”. I was shocked. My last words to him were that such an idea insults my intelligence and that this massive foreclosure fraud is getting ready to blow wide open. He hasn’t talked to me since. (note: He’s retirement age and a diehard republican. His portfolio is probably going to take another dive. I’m a veteran Marine and don’t take much !@#$% from anyone, nor do I have a portfolio. 😉

  4. John says:

    I know a man that served 2 years in federal prison for ading and abetting in the filing of a false report to a federally insured bank. Wonder how much time these folks that actually created and/or signed forged documents will get?
    Does the law only punish non bank individuals or does it hold bankers and their employees just as responsible?

    I think I know the answer!

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