Sheldon Questions Geithner on Foreclosure Crisis
During this hearing of the Senate Budget Committee, Senator Whitehouse questioned Treasury Secretary Geithner about the need to put pressure on the big banks to address the foreclosure crisis. Specifically, he highlighted the bureaucratic nightmare families are forced to endure when trying to obtain a mortgage modification.
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My lender was MortgageIt which was owned by GMAC, sold to Duetsche Bank and so approved. then sold to YndyMac taken over by FDIC negotiated a sweetrheart deal by George Soros a friend of somebody then sold to HBSC and Luminent Mortgage represented by some Lawyer to evict my family from their Homeschool schedule of Aviation Mechanics and Aeronauticle Engineering Plus messing up my daughters music school destinystealing our $1,000,000. house selling it for $412,000 doing much damage to my health. When at 80 years old and not many years left to enjoy my kids, To determine Punitive damage to measure punishment to a billionair.
Dear Senator Sheldon: The example of Short Sale in motion and resulting foreclosure part of the Banking & Insurance Fraud. CREDIT ENHANCEMENTS – Bond Insurance – default event 90 days or more triggers events thru which Master Servicer of ‘Loan Trust’ holding reference to unsecuritized promissory notes creates documents including the robo-Assignment. The Servicers follow the ‘script if you will’ of the RECONSTITUTED SERVICER AGREEMENT and order the local Legal/Debt Collector Firm to process the Complaint for Foreclosure and the Master Servicer may have filed insurance claims to collect the monthly payments to the unsecuritized loan trust. In addition, CREDIT ENHANCEMENTS can include to the MASTER SERVICER the right to collect for a period of 23 months, and its in the best interests of the MASTER SERVICER to engage the services of an enhanced REO Broker who will be able to collect payments montly because the Master Servicer has privleges to not apply insurance monies to TRUST for investors but will take those insurance payments as long as they can, hold the property as an asset at full value in their treasure chest, have been able to cure the broken chain of title, and wait for the market to come back up. Banks are fat and happy and all of the unlawful business acts which occurred at the onset of the loan origination ignored.
The United States of America, as you know balanced form of goverment depends upon Congress creating laws under Article I, Executive Branch Enforcing Laws under Article II and the Judiciary reviewing Complaints and providing remedies as allowed by state and federal law.
There was INTENT to take property by deception, CUSTODIAN allowed third party to take possession of consumer property in larcenous manner, false claims, false statements, misrepresentations, and they spit upon the Court and our Constitution.
Geither may be without Power but the President of the United States, our President Barack Obama has the duty to protect the welfare of the nation by enforcing laws which were not enforced. If I was President Barack Obama i’d be investigating using my power of Executivie Powers to bring forth a case of the United States v. Defendants (MEMBERS of the private financial exchange who worked together as BUYER and SELLER) who ignored the laws and instructed others to ignore the laws, Wells Fargo & JPMorgan at the top of the list do not record their own retial tranactions and only use MERS to record electronic promissory notes when they intend to sell the originations and/or rights to something …
all of this is true what you said mary at saveamerica.com. however, your words DO NOT consitute a claim against any lender or servicer or trust holding the no blue ink docs mortgages like bear stearns trusts that are being sued in the federal district court in new york by the investors. Guess what
it seems those trusts are NOT being reported to the SEC anymore. stopped in 2007 when the FED merged them into jp morgan chase. but they do NOT appear on chases financial statement.
so where did 1 million loans go. where are they ? now that is the question . wonder if the attorneys for the investors which is cohen and milstein in new york or the attorneys for the defendanst bear stearns trust know. these are first trust loans and was TARP MONEY — USED to pay to chase to absorb them or is the fed not disclosing them o ntheir balance sheets. check out the lawsuit on the federal court of southern new york state in new york city website. the suit is there. or on http://www.cohenmilstein.com
anyway. as I have said. there is relief out there if we use the enemy’s energy againts them.
the art of war says use your enemy’s energy against them
our mortgage payments are paying for this situation with the banks. again a classic art of war strategy or tactic by the banks to use our money to pay their legal bills to rip us off and make more money on the foreclosures like $ 1 trillion of pure profit and guarantedd paymen since the govt owns the trusts.
do you get the picture now.
now what if
we all f iled claims through save american . com that were filed o n our behalf before secretary donovan of HUD under the mortgage discrimination provisions of the Fair Housing Act of 1964. thi sis not voluntary like HAMP . this is statutory law and it has admin provisions that you can file a claim that has to be perfected by HUD ( now there is a big wrinkle ) and it costs the homeowner nothing to get a chance at full restitution in other words your HO– USE AND PAYMENTS RETURNED TO YOU” at federal govenment and the banks expense.
and you get a free attorney if and when your claim is perfected. and you can depose the bank and yo ucan unlike attorneys name individuals that did you dirty in subpoenas. all for free and served by the u.s.marshal.
now
That is some law.
now what if
20,000,000 yes 20 million claims were filed with copies to congress to ask their help in getting them perfected.
think of the possibilites.
we need to act to produce real claims against the banks that eventually they have no money to defend against because they are overwhelmed and how about a national boycott against big banks
the ones are doing us all in like the 4,000 active duty military families that were foreclosed on by chase in violation of the servicemembers civil relief act that is supposed to prevent them .
yet the chairman of the house veterans committee praised chase for its foreclosures on those active duty military families. NOW aint that just special ”
lets get it and get on with it.
file claims that are free and must be processed by federal law and the constitution.
we file 20,000,000 claims with HUD that is going to be a mighty big statement to the higher ups.
and you can do it online but I recommend in writing using the hud downloadable form from http://www.hud.gov
no matter what your case is about DO IT FILE IT AND GET RECEIPTED BY HUD COPIES
then raise hell with congress and ask their help to get your claim won.
this law is even more powerful that what I can write here.
check it out and DO IT PEOPLE>
blogging is NOT going to get our homes and payments back paid to a bunch of crooks who sold us bad loans and they do NOT EVEN HAVE The “BLUE INK ” notes
best regards
DAvid B.
Thank you David for your thoughful reply.
The contents of the ‘LOAN TRUST”’ if you will, in the current version, can be sold, swapped, converted at any time and purchased by another ‘LOAN TRUST’ Master Servicer.
One of the more profitable transactions of the trust are absorbing REO properties.
The rules of the ‘LOAN TRUST’ game are based upon one MASTER SERVICER controlling the ‘TREASURY’ you know like in Monopoly the ‘banker’ gives out money in exchange for buying properties which are not secured.
Another rule of the ‘LOAN TRUST’ game are the ‘certificates’ are alike ‘bearer bonds’ can be cashed anytime for they are unsecuritized and the bearer of the documents from the loan trust the MASTER SERVICERS of the private member financial exchange swap all the time.
MASTER SERVICERS have been passing along ‘promissory notes’ held in the ‘TREASURE CHEST’ to other public MEMBERS of the financial exchange.
The ‘MASTER SERVICERS’, you know him or her.
Remember when you were a kid, that there was always one or two kids who made up their own rules and were either so charming or controling that you had to follow or you could not play.
‘MASTER SERVICERS’ are self-elected and put into the rules, their own rules which believe it or not are in writing in the Agreements which anyone can read who exist in the public domain with google.com know how to seach and find the Agreements.
Have you bought the game ‘LOAN TRUST’ and read the directions? You and I have read the Agreements which alike a ‘Joker’ cards in many playing decks can be assigned a privlege ‘Joker good as cash to any bearer’ and the card holder allowed to change the direction of the game any time.
Majority of players don’t read the public agreements or ‘game instructions allowing the MASTER SERVICER to cheat.
Afterall, even the enforcers OCC, OTS, FRB, FDIC of the rules of the game don’t want to read the agreements and/or don’t understand the rules that the “LOAN TRUST” game comes with. You see the Agreements are not in their ‘job description.’
The MASTER SERVICER of the rules knows what they can’t see can hurt the players but the rules of the game of the MASTER SERVICERS are he who dies with the most toys wins since 1995 forward. Warrent Buffett, Bill Gates, Ichan protect the rules and pay for the members to belong to the private financial exchange. To make the LOAN TRUST game appear legitimate, Agreements are created and placed right where everyone can access and read them whether they play or not.
For example, the ENFORCERS are some of the smartest players in the world and and are free to ‘cheat’ attend private functions and social exchange good golf games together and share how each make rules so the MASTER SERVICER they are rooting of course for their own home team wins. Some ENFORCERS help make the rules of the game appear complicated and know that the old ‘sheep pack’ wants to feel safe will follow along. The sheep pack are smart enough to know that they can benefit from participating in the game. Afterall it’s a game isn’t it?
Best Regards,
Mary Cochrane
David Black,
What is the claim of discrimination you would file with a HUD complaint?
hello Mary
they ignored me for 8 months. but I have their attention now. two investigators are coming next month. I raised hell but what did it is that we have a new congress person now and she is republican. three days after she got into office, her staff called me at home and went to bat for me. wow that woke up the other side quick
I only filed the complaint 7 times. but I got receipts to and I sent it to secretary donovan as well in washington, d.c. so now he is on the hook . suggest you do that as well sent it to d.c. and get your local mortgage counseling agency involved as well. get receipts for everything.
you have to meet certain criteria to get the complaint perfected so you need to read up on what those criteria are. if is available on the internet on topic discrminatory mortgage lending or predatory lending policy by HUD>
this agency does NOT want us to file these complaints .. that is very obvious.
but keep trying. never give up.
write your senators and congressman and complain that hud is igoring your complaint and send them a copy of your complaint that is stamped as received by HUD> . remember the trash can is heavily used in hud with these complaints just like the VA and social security do as well.
it is adversarial.
best of luck to you mary
David B.
hello ron
go to website http://www.hud.gov and get mortgage discrimination . as in predatoryh lending and or reverse redlining. you are going to have to get educated. and do the research. I am not a lawyer and thi sis not legal advice. always consult a licensed competent counself for sound legal advice.
this mortgage discrimination stuff is complicated and lots of traps along the way to defeat you.
remember though better to download the official form and fill it out and send it in or take it in and get a receipt for your submittal as in a stamped copy of what you submitted. there are several court cases that define what mortgage discimination is and what criteria constitute discrimination .
just keep researching and of course write your congressman and senators in washington and ask their help i ngetting HUD sec retary donovan to PERFECT your claim. now there is the wrinkle. that gate opening is very narrow .
the thing I like about this law is that it has an admin feature. you can raise hell with your lender but you dont have to g oto court. but you should know who your trust is and who owns the trust etc. so that is important info you get by filing a QWR with your servicer.
it is complicated but that is the way it is for now.
good luck to you
David B
meant to say ” you can NOT modify something you dont have any legal standing or interest in ”
hi david wells fargo modified us jan, 2010. i got no new truth in lending docs just a change in loan. how can the legally do that. what happened was at first back 6/09 i signed a forebearance agreement.. the told me to be considered hamp i must be escrowed. so i ssigned the paper work to be escrowed it takes them all the wa to nov. to set it up and gues what happened between june and nov the kept loosing (shredding) m paper work so of course by nov i was denied for hamp. in jan the put me an “in house” fraudication. added 10k to my alread underwter mortgage (i paid my mortgage june, july, aug, and sept of 09 it went intoa separate computer software i never saw the credit for thos panets. i lived on credit cards. by oct 09 m credit card was maxed out i call they told me to stop paying what ever i owe will get added to my mortgage but 10k?/ they also dinged my credit score. it was awful. then in jqqn 2010 the call to tell about this mod. it was a take it or leave it loan. either sign the papers or lose our house. i was escrowed now m mortgage 1400+, original mortgage 1200+ could afford that one aske dfor a princible reduction the refused me. so we signed. so what is my legal standing. i never got and tila closing paper nothing at all th epaper work to sign in front of a notary. yet all my original mortgage paper work is blank and the asignment with the count is wells fargo from closing no transfer of asignment to the trust. its rediculous i am so un laweze. ima nurse. this craz to tak eall our homes like this . i hav ethe original blue ink deed
sounds bad. chase tried to pull that crap with me. not sure about all your details. I would say you need to form a posse of persons around you including legal counsel, bankruptcy attorney etc and stop them in their tracks and have witnesses that can testify abut what they are and did to you.
never try to fight these people alone. in your community you have a HUD certified not for profit mortgage counselor with your local HUD mortagage counseling agency. they are independent of HUD fhe federal agency but they are community based. look them up on the hud website and find out where they are. make an appointment with the counselor . take all of your docs and ask for help.
I am not an attorney only relating what I did . always get competent legal counself to help . thi sis not legal advice from me. however years ago I filed a chapter 13 bankruptcy and I stopped the bank cold in trying to continue to defraud me. I had them on the run for 3.5 years and eventually they paid me a settlement.
they lied to everybody including real estate agents buyers got caught red handed not telling the truth to the new buyer of my home. that caused a near riot by the new buyer.
now I have taken the positiion that I am dealing with an ongoing and continuing criminal enterprise. in othere words alleged racketeering banks and their agents and servicers all approved by the state ags and the feds.
that position has worked sofar.
my second trust mortgage trustee is being sued for civil racketeering in kentucky in a massive class action suit in federal court.
we are dealing with alleged criminal enterprises. so do what yo uhave to do but do NOT do it alone.
that is what they count on.
good luck and keep fighting
david b.
hello loosing my home
here is wa we are title theory non judicial foreclosure state. the bottom line is that in many cases allegedly, the lender does not have original blue ink notes and /or deeds of trust.
they were destroyed. none of this was supposed to happen ina perfectly corruput mortgage lending business backed up by paid off allegedly politicians and lawyers, but it did happen what is going on now. the debate about the illegal foreclosures.
the mod as they call it is a change to a fraudulently originated loan as in predatory loan.
secondly you can mod something that you have no standing or interest in. if you dont have the blue ink notes as required by and the blue ink deeds of trust two separate docs in this state, then you cant modify anything because you have no standing or interest in the mortgage and or any lien against it.
finally, it is all a bluff by the big corrupt banks and foreclousure agents. by federal law the trustees for the 1st and second trusts or mortgages are supposed to keep the blue ink notes in a vault. wel l guess what they didnt do that.
they left it up to the servicer. well guess what the servicer threw them away.
so in one case after a year of haggling with the servicer emc chase, wells fargo asking where the blue ink notes and deeds of trusts since I am one of their customers , wells fargo sued emc chase because they dont’ have the blue ink documents. so
wells fargo as trustee has to tell the trust owner which is in my case and perhaps i nyour case, the federal reserve bank of new york , that their trusts like Maiden Lane I and II are worthless trash because their are no blue ink notes and/ or deeds of trust.
so the moral of the story is.
do a qwr to your mortage company under RESPA section 1594 for the owner of your trust and the trust name then go to the sec website http://www.sec.gov and seee if you your trust is registered.
if is not then something is amiss. then demand that you know the location of the blue ink notes and deeds of trust ofr your loans or trusts and demand a certired true copy forensically authenticated as being true and accurate and notarized signature of the authenticator with names and addresses of the parties.
bet you a dollar to a doughnut yo unever get a response. if you get a plain old copy that is NOT good enough and if it is notarized that is not good enough either . it has to be authenticated because there have been a lot of cases proving that the banks are forging the lost notes.
see their story is unravelling.
if you apply for a mod DEMAND TILA AND RESPA AND HUD 1 docs before you sign anything or agree to anything’
because the fed is requiring a NEt PRESENT VALUE software program run to evaluate your property and loan to grant the mod.
but it isnt a mod. it is a NEW LOAN called a mod. so you deserve to have all the truth in lending docs three days after you are asked or lured into a mod. demand them
bet you wont get them either if you dont get them dont apply for amod and if yo udo get them stil dont apply because you will be foreclosed on while you think they are going to give you th emod.
happening all over the cournty. tne feds are telling the banks cherry pick the best loans through NPV and the foreclose on the rest and get rid of them
all in the interest of the country’s banking system while you are outo nthe street with your groceries and no place tolive
best regards
but there is hope because you can go down and file a discrimnation complaint with the HUD office near you.
fair housing act . http://www.hud.gov look under mortgage discrimination download the form fill out and get a receipted copies of everytthing you tur n into hud .
then raise hel why they are NOT doing anythingl to help.’
the federal law says they are supposed too.
best regards
David. b.
i am not a lawyer and this is not legal advice. it is just a story of what i am doing. alwyas consult with a license lawyer or other competent legal counsel that is out there for a few dollars a month to get help.
meant to say ” you can NOT modify something you dont have any legal standing or interest in ” or a loan that is predatory or fraudulent to begin with. that is why shut down Countrywide.
a change to my original above. to try to fix my error
David Black,
Sounds like I am on the same path as you with Chase and Deutsche. I think I know the lawsuit you referred to in KY. Can you give me a little insight into your deal?
Chase was my originator and servicer then sold it into an MBS with Deutsche as the Trustee, unbeknownst to me. I asked for and got a trial mod, then while in the mod, Deutsche started a foreclosure. I have never heard of them, much less knowing they owned my mortgage.
We responded to the foreclosure and have heard nothing for months. I am in KS and it is a judicial state, plus a homestead state for bankruptcy. When we ask for discovery, we will file counter claims for fraud, breach and contract, like RICO etc. Plus, Deutsche is not even on the assignments here in KS. They did not register the note when they sold it into the MBS trust.
I have an attorney who is a BK guy just in case I need to go that way too.
Ron LItton
ron10s@aol.com
CORRUPTION=BUDGET DEFICITS=BANKRUPTING OF AMERICA
get this all my mortgae paper work is blank more corruption. i hope my blank paper owrk was against the law. isnt it a law you get original signed doc at closing?? i am so piised off. so now what hey can lie
i feel alone in this mess please we need to figure out as people of this country how to fight back
@losing my home in florida: Don’t feel alone. There are millions of us. We just need to stick together and keep calling out these criminals and all of their fraud . I still say if they don’t have the original blue ink notes and we have the deed, they can’t fraudclose. The FBI told me in a round about way the crime is in the Origination Fraud and if Fannie backs the loan they are a GSE so they are the ones we should be calling out here. Maybe they are the ones we should all be filing lawsuits at. They are the ones hiding behind the banks/servicers and their criminal attorney network. Fannie/Freddie are the ones who packaged up the shit loans and sold them to the investors and they are the ones who are forcing the FRAUDCLOSURES to try and cover-up for the Origination Fraud. I think Fannie/Freddie are the real culprits here in Fraudclosuregate. They are not the head of the snake but we are getting pretty close. I say we sue the piss out of them because they were the ones who did not check to see that all of the i’s were dotted and the t’s were crossed and their fingerprints are all over this crime scene.
HI “i vent” DO YOU LIVE IN FLORIDAH WE ARE HAVING A RALLY ON TALLY MARCH 9TH I HOPE YOU CAN BE THERE. YOU CAN TAKE THE MICROPHONE A SPEAK. WE NEED A GOOD PUBLIC SPEAKER TO ADDRESS PEOPLE AT THE CAPITOL STAIRS?
rallys are good. but letter writing to your state and local and federal reps and senators esp the senate banking committe and house banking and financial services committes is vital.
also you have relief in filing mortgage discrimination complaints through hud.
go to http://www.hud.gov. go to mortgage discrimination complaint fill out the forms and send by certified mail return receipt and put a copy to be stamped by hud and returned to you include a self addressed envelope. so you have a stamped by hud receipt of what yo u filed.
that keep raising hell with congress put your copy in your envelope and ask them for help to get HUD to fight for you. the fair housing act provides for free attorney full restitution and rep’g by the us justice dept on your behalf. screw the statute of limitations and file annway . do nothing over the phone . do it in writing and in u.s. mail. or i nperson . get receipts for everything.
write complaints to the occ timothy geitner ben bernake. keep up the pressure more letters more phone calls and more filings with congress . learns how to pro se represent yourself in federal court . and state court file anyway .
a guy just won his pro se case in florida by himself and stopped foreclosure.
you can stop foreclosure instantly with a chapter 13 bankruptcy and you can do it yourself.
th is is not legal advice and it is only wha t i did. always consult proper legal counsel in your state to get the proper rep’g and proper advice. but you can do research. and you can read complaints filed in court that are o nthe internet that can show what to say in a legal brief and how to style it properly.
someone always helps those who help themselves.
start a group to hel p each other learn this stuff.
FIGHT FIGHT and NEVER GIVE UP THE SHIP.
write obams write the V.P. keep writing and always be respectful . keep it short an d sweet.
you haev ten seconds to please your case on one sheet of paper that the person or persons will read. use the KISS principle each letter is simple stupid and factual and well researched in the law.
read about TILA LAW and quiet title to save your home.
filea QUITE TITLE on your own.
FIGHT GET EDUCATED and KEEP UP THE PRESSURE>
demand arrests and prosecutions of bank fraudsters.
demand shut downs of corrupt banks and their crooked agents like the stearns guy in florida. he is broke for what the 4closurefraud.org bloggers have done for all of us.
DAMN THE torpedoeS Full speed ahead.
IN THOSE DAYS TORPEOES WERE SEA mines. BUT YOU GET THE IDEA.
DAVID b.
Thanks for the invite, I do not live in FLA,.I live in Ill and as you probably know we have always had a lot of problems up here with corruption. We just had a 67% tax hike shoved down our throats and now they are talking about a 55 billion dollar property tax increase by 2015 so the crooks can “cover-up” for all of the missing policemans and firemans pension money. Now the next thing is the “election” for Mayor of Chicago and we all know who that will be and our newest debt imposition will be the new Rahmtax. America is a mess. I will try to come to FLA. We all should try to go to Washington. A million or more of us need to protest the corruption that is destroying America.
HO DO YOU LIVE IN FLORIDAH WE ARE HAVING A RALLY ON TALLY MARCH 9TH. WE NEED GOOD PUBLIC SPEAKERS TO ADDRESS THE CROWD ON THE CAPITOL STAIRS MAYBE YOU CAN RITE A MOTOVATIONAL SPEACH.??? THANKS
what kind of pressure are they going to put on banks? to speed up foreclsoures. where is our mortitorium where is our bail out. i am a nurse for 23 yrs. i moved away from s. florida where i worked for 18 years 300 miles north florida is now a right to work state. nurses with out a unio get fired just like any job no respect for the profession we are. most RNs are over 40, they make us work 12 hr shifts and if we complain about staffing ratios here the boot. so because we have a salary they approved nurses for 5x their salary in houses. what was wrong with no!!!!! 2 to 3x salary that is it!!! 5x salary we were doomed from closing4 one job on eillness is all it took. so manu nurses in flroida are in foreclosure. please every one rally in tally march 9th please pass it on we need our voices heard
Hey Geithner, where are all of our ORIGINAL BLUE INK NOTES? You and your pals up on Wall Street along with your Bankster cronies in crime DESTROYED THEM. WE OWN OUR HOMES and you and all of your captialist crony robber baron friends know this is true and WE have the DEEDS to prove it. That mortgage debt never existed and you and your cronies robbed America blind and you still are with the help of your cohort Bernanke and his Federal Reserve money printing machine. You are trying to bankrupt America. The American people want all of you in prison and we want our money and our homes returned to us. You white collar criminals and your elite friends are done screwing with America. The jig is up. We are sick and tired of your class/psychological warfare B.S.
Well said.
UPSIDE DOWN PONZI.
PONZI sold promissory notes . banks dont have OUR PROMISSORY NOTES OR DEEDS OF TRUST BLUE INK NOTES”
but the upside down PONZI by the banks and govt is
LETS FORECLOSE on those promissory notes WE DONT have SO WE CAN MAKE $ 1 trillion on foreclosure and bankrucpty fees to keep ourselves liquid and afloat so we are solvent.. God help us govt guys if the bad guy bankers cop a deal to squeal who in government approved all this fraud and got paid off by the fraudster banks and foreclosure agents.
uh oh sounds like the cops are going to do
” lets follow the money investigation and find a patsy to blame this on or a fall guy to distract from the really really bad guys conducting the COVERUP”
“gee sounds like WATERGATE to me hun !
DID YOu hear about the prosecutors dropped all charges against that ex country wide president”
as saturday night reruns start playin on tv
“NOW AIN”T THAT JUST SPECIAL ”
david b.
Yes, some are calling it FORECLOSUREGATE. I was reading on wordpress.com that the SEC is part of the outfit, and they are actually accomplices. Their job is NOT to go after any of the white collar crooks because they are “in” with them. Everything is B.S. I did hear about Mazillo. He is part of the syndicate and they sent him down the ratline. Guess we all just have to keep calling them out any way we can. They hate that.
Democracy is a SHAM and a FRAUD. They sold us homes we would NEVER OWN because of property taxes. They tricked us into paying a Morgage that never existed because they do not want us to own ANYTHING but DEBT. They stole all of the equity out of our homes so we could not profit from their scam and thought we would walk away if our homes were so called “under water”. Don’t do it people, we have the Warranty Deed that proves we own the house. These homes were paid off by us for a nominal fee to a second bank by US so that they could turn in those ORIGINAL BLUE INK NOTES and generate a WARRANTY DEED from the TREASURY that we have in our possession and possession is 9/10ths of the law. They — USED OUR SIGNATURES as COLLATERAL in the BIGGEST PONZI SCHEME IN HISTORY up on WALL STREET and then the proceeded to DESTROY THE EVIDENCE by DESTROYING THE ORIGINAL NOTES THAT PROVE WE OWN IT. DO NOT ACCEPT A FALSE MORTGAGE DEBT LOAN MOD. IT IS A SHAM. We are already paying the “mortgage” via our property taxes. WE ALREADY OWN OUR HOMES, they own the land it sits on but, not the homes. Protest those hyper-inflated property taxes they are defrauding the American people to cover-up for their crimes. The mayor of the my city states that we will all be incurred a 55 billion dollar property tax increase by 2015 in order to cover for all of the missing policeman and fireman pension money? WHAT??? Where is it?. THE ELITES STOLE IT.
God Damn Kebler Elf lookin’ Geithner. All he is, is a placating sedative putting us under until Bernanke busts out with the Chainsaw and gets to work!
Senator Whitehouse needs 10,000 emails 10,0000 phone calls and 10,000 letters sent to him right away. He needs a lesson on “How to slap them upside their heads”. Then we will find out if he is on a campain mission or if he’s on a people mission.
Is Whitehouse in campaign mode or is he really concerned that the TARP money paid these crooked banks for these mortgages and the bank now wants the house no matter that it’s been paid for! Where is Obama on this mess? He appointed Geithner so why are the banks allowed to steal these homes? I thought Obama was against the big corporate machine! These people are are crooks and liars and they are out to destroy this country. Start calling your Senator and Congressman and demand that this theft be stopped.
For the last time.THERE IS NO SORTING OUT THIS MESS. OUR HOMES ARE PAID FOR OR WE WOULD NOT HAVE THE WARRANTY DEED and the PAY OFF LETTER FROM A SECOND BANK TO PROVE IT. The banks CANNOT give a loan modification on a NON-EXISTANT MORTGAGE DEBT. Hey Geithner, YOU KNOW THIS and WHERE ARE THE ORIGINAL BLUE INK NOTES THAT GENERATED THE PAID OFF DEEDS? CAN THEY PROVE THERE WAS EVER AN ACTUAL MONEY TRANSACTION BETWEEN US AND THEM at ORIGINATION?. THEY ARE ALL LYING THROUGH THEIR TEETH AND PUTTING ON A SHOW FOR SOMEBODY, PROBABLY EACH OTHER. STOP THE CHARADES AND STOP HO– USESTEALING AND GIVE BACK THE HOMES THAT YOU ALREADY STOLE or WE WILL MOVE ON WASHINGTON AND THE CAPITALS OF EVERY STATE IN THE UNION. YOU STOLE OUR WEALTH AND ARE ALL DESPICABLE
GEITHNER IS AN ACCOMPLICE IN THE ROBBERY OF OUR WEALTH OR HE WOULD BE PUSHING FOR A NATIONWIDE MORATORIUM ON ALL FRAUDCLOSURES. HE IS STILL AIDING AND ABETTING THE CABAL BECA– USE HE IS AS GUILTY AS ALL OF THE REST OF THEM, IF NOT MORE. HE IS A ROBBER BARON FOR THE ELITE.
yes i am with you!!!!!!!! how can he speak and say what he does and the next page they are are foreclosing on a policeman>???? people are dying to save there homes. how do we get through to our government. foreclsoures must stop. we are so stressed. we were frauded. stop the foreclsoures and figure it out from there. houses at 90% property value . it would stim. the economy.
agreed now start writing letters and get your whole family town and state to call your reps and senators at the state and federal level and the AG too. in other words, raise hell and never give up tiill we geitner gone and bernakd and walsh at occ and restitution is paid t othe american homeowners and dimon from chase is gone too. along wit h their board of directors.
David
The Egyptians didn’t write letters or wait on some politician to pay attention to them, they got out in the streets demanded that Mubarak get the hell out and stood their ground until they got their demands met!
Force and unity are the only things these parasites understand, and they have used force and a twisted unity to drive the nation to the brink of destruction.
They haven’t said it but they sure do act like it, they don’t care what happens as long as they continue to make that profit and get the bonuses!
Damn the people and keep passing the money!
What happened to the moratorium? I must have blinked and missed it!
We start boycotting and blocking bank doors, close accounts, stop all payments,
pullout the money in gold or silver, take no paper money!
AND SUE THE GREEDY BASTARDS!
They do not listen to us. I have been screaming for months to and about all of these people as many millions have They do not care what we think or what we want. I guess what they really want is a revolution in America. There is no other explanation for their arrogant behavior. They act like Imperialist, sociopaths with a neurosis of some sort.
they are cherrypcking the loans they want to keep. using hamp as the lure it is not statutory law. purely voluntary. then the bank screens the loan usin gthe net present value model. if you fail yo uget foreclose whhile the bank lies to you.
it is the down side of the upside predatory lending scam. the upside PONZI scheme and everytime the banks and the govt mr geitner run into trouble they run to the federal reserve to write a new regulation.
like taking the QUIET TITLE PROVISIONS for relife from a predatory loan by the homeowner. that law exists in every state yet no one is telling us about it. it is part of the federal TILA LAW.
it gives the homeowner the ability to strip the lien of the first and second trusts from the loans and then the bank can’t foreclose. all they have is an unsecured loan. but wait a minute
THEY DONT HAVE THE ORIGINAL BLUE INK NOTES AND OR DEEDS OF TRUST> they tore them up or lost them .
so that means if you fight you probably wil lwin because it is all a bluff.
THE BANKS dont have anything except the $ 5 billion in grease money they pay to capitol hill.
if that is cut off since it is mortgage payments they are using to pay them like that.
my guess is that the pendulum will swing t othe people who have the votes to keep em in office.
That is the middle class home owner.
get up and fight . just got notice today that two HUD INVESTIGATORS are coming to our community to meet with me and other s on mortgage discrimination complaints known as reverse redlining or predatory lending .
the Fair Housing Act of 1964 provides for full restitution to the homeowner for predatory lending and payment of attorneys fees when the homeowner prevails.
go get em and keep fighting.
David
They are Nazi’s and Nietzsche is their bible..
4,000,000 people DID NOT get HAMP modifications. Liar, liar, pants on fire. The Congress made the HAMP program voluntary for the banks. So, he’s right, he doesn’t have the power to compel because Congress did not want to upset the banks. So, bend over, the government is here to help you.
Thank you Senator for sinking your teeth into the substance and not letting Timmy shake you loose!! I wish I could call the man ‘F…..g stupid’, but he’s obviously ‘F……g EVIL.’
No ‘power to compel?’ He’s Treasury isn’t he? It’s the World Economy isn’t it? He took an Oath didn’t he? Why would our President abide such cold and chronic prevarications?
Was I mistaken, or did Timmy report to the world that the only mortgages that are in trouble are mostly on 2nd homes. Wouldn’t such misapprehension of the facts get you and me fired in a heartbeat?
President Obama- you’re missing your ‘Lincoln Moment.’ Think back briefly: what an inauguration day it was. The energy. The UNISON. The Hope.
Right now, I’m having a kind of Mubarak Moment of my own.
The majority of the people with second homes who could not afford them lost them 2 years ago. There were no loan mods. for them, but the class warfare is still raging, the second home market is NOT the problem we all know they are trying to hide the truth. They are all mobsters and liars trying to cover-up so they can move safely down the ratline. I heard that the World Economic Forum in Davos was all about the elite trying to figure out ways to save their asses because they are the ones who caused the entire intentional fianancial crisis. There is no covering up, the world knows the truth is we were ROBBED by the elite and now they want to bankrupt the world and continue to steal from the people to try and hide what they did. People around the world are starting to revolt on their eliteist agenda.NO ONE wants their New World Order garbage, except them…and thankfully there are alot more of us.
i am tring m best take this all in and learn there are 2 types of title states. from the net::
In a Title State, the lending institution holds title to the property in the name of the borrower through a Deed of Trust. In a Lien State, the deed stays with the borrower (mortgagor), and the lender (mortgagee) places a lien on the property using the mortgage instrument. Generally, foreclosure in Title States occurs through a non-judicial proceeding, while Lien States are conducted via judicial methods; it varies with each state.
Florida is a lien theory state. This means that when a home is purchased, the deed is given to the borrower (also known as the mortgagor) while the lender (also known as the mortgagee) places a lien on the property. The lien is satisfied when the borrowed amount is paid in full. In a title theory state the lender holds the deed.
florida is a lien theory state. This means that when a home is purchased, the deed is given to the borrower (also known as the mortgagor) while the lender (also known as the mortgagee) places a lien on the property. The lien is satisfied when the borrowed amount is paid in full. In a title theory state the lender holds the deed.
the definitions are all great but they do not explain what happens after securization and fraud . in the paer today the tampa tribune reported the fact that appraisals are important to waht a lender will finance and crooked appraisers were appraising homes the banks beleived them fianced the home and the money betwen the real value (asking price) and the appraised value are split. this is straw buers. this is what is on m appraisal
so with all this in the open then mortgage mods are a farce. if the dont have my original wet note how can modif y my mortgage
( i vent by the wa my husband is from chicago , glendale heights. his brother just lost his home in plainfield to a short sale.)
Would you try to modify your loan if you suspect a PONZI scheme. So you just supported a fraud. Corporate Greed + Political Greed = Financial Terrorist. I thought we don’t negotiate with terrorist.
what else are we suppose to do they are still foreclsoure i am trying to save what is mine
No one should be FORCED to accept a FRAUDULENT LOAN MODIFICATION for a “MORTGAGE’ that DOES NOT EXIST and NEVER DID. The MORTGAGES were FRAUDULENTLY INDUCED at the ORIGINATION of the loan. If the people can PROVE that a physical MONEY TRANSACTION NEVER OCCURED, WE WERE DEFRAUDED and TRICKED INTO PAYING A MORTGAGE THAT NEVER EXISTED. THE RECORDED TRANSACTIONS VIA ASSIGNMENT AND RECORDATION OF ORIGINAL NOTES DO NOT EXIST BECA– USE A LOAN TRANSACTION NEVER OCCURRED. We were DEFRAUDED and more PROOF OF THE FRAUD is the NON-EXISTANT ORIGINAL BLUE INK NOTES. THE ORIGINAL PAID OFF BLUE INK NOTES PROVE AS DOES OUR WARRANTY DEED THAT WE HAVE IN OUR POSSESSION (9/10ths of the law) THAT OUR HOMES ARE PAID FOR AMERICA. DON’T BELIEVE THE LIES. THERE IS NO ONE ANYWHERE THAT CAN PROVE YOU OWE THEM A MORTGAGE PAYMENT. WE WILL NOT EXCEPT A LOAN MOD. WE WOULD BE CONTRIBUTING TO THE COVER-UP OF THE BIGGEST PONZI SCHEME ROBBERY OF OUR WEALTH IN HISTORY. WE WILL NOT AID AND ABED THESE CRIMINALS. THAT WOULD BE UNAMERICAN. WE ALSO NEED A NATIONWIDE TAX REVOLT. WE MUST STOP THE ROBBERY OF THE PEOPLE.THEY ARE TRYING TO KILL AMERICA.
I agree with ivent totally.
time for a national boycott against all the big banks and their foreclosure ageints. publicity as to who they are by state. sue them all and pull our deposits out of the federal biggie banks and put them in safer place.
they are using our mortgage payments t o pay their legal bills and we should be filing ethiics complaints with our state bars when we catch the attorneys doing that. that is what is happening in “dual tracking” after you apply for the mod.
get the attorneys disbarred.
and sue them as wel l for participating ina rico fraud ponzi scheme. they al lo think they are prima donnaa and are immune to prosecution and lawsuit.
best regards
David B.
Nobody is getting mods, it’s set up to fail.
How can pay more perks to foreclose by 100% and wonder why no mods are done?
they pay only $400 to do a modification
They pay the servicer $800, then an additional $1900 to foreclose, which program do you think the greedy pigs will choose to do first?
Incentives to do what again?
Liars all of them are such liars.Anybody checking how many are denied or never get a chance to modify their loans?
Look at the money to be made on loans, on homes you don’t even own, never on your books and no one to investigate what you are doing?
The perfect crime, bank robbery committed by the banks!
we should be affording our homes. we shouldnt need mods if they would have approved the loans the right way. i have a straw buyer in my appraisal. that is waht happened what brought up property values. fraudulent mortgages to begin with
They are using many methods of terrorism in order to “trick us” out of what we have left. Class warfare is one of the weapons though not the only one they are using. They are psychologically screwing with all off us such as “blaming the victim””, and “black is white” it is all a part of their game theory machevillian plan. They have been methodically planning this for a very,very long time. The eliteists are fascists and they want to destroy America. . Bankrupting us intentionally is one weapon of the strategic class warfare assault.The begining basis of the crisis was said to be the people bought homes they could not afford. Boldfaced lie! When you lose your livielihood what can you then afford when there is no viable replacement for that lost income? There was the intentional “Set up to Fail” part of the plan. We can not be fooled about the deviciveness and sheer evil intent of the eliteist agenda as the plan is much broader.
Overwhelming. We do not have the authority to compel. Congress did not give us that authority. Congress gave us trillions to do with as we please, but not the power to compel.
I wish Senator Sheldon had put Geither on the spot and asked him to explain ‘We dont’ have the authority to compel’ that Congress did not give him that authority.
Under Article I Congress created laws to be enforced that are to protect the welfare of the nation, the economy recognized to be the third element of our national security.
Under Article II, President Obams his boss has the Authority of Execitive Orders to have the United States of America v. Defendants (BUYERS & SELLERS) ‘Master Servicers’ private members of the financial exchange who ordered creation of the ‘Loan Trust’ in the US there will be a business entity created, and in the UK there will only be reference over SEC to a 10K name of ‘Loan Trust’ or ‘Pass-Thru-Certificate-Series’ and no record of a business entity. In any case, the ‘Loan Trust’ is a business entity treated stand-alone and OFFICERS of a United States National Bank and or a Federal Savings Bank, order the transactions and order donot record the lawful securitized land and property records, and order break the chain of title, because we created the ‘loan trust’ to hold unsecuriizted documents – promissory notes that anyone can convert to cash anytime.
David, I will record my complaint with HUD again but they ignored me. But I will do as you suggest.
Can you please ask everyone to use the First Amendment to request their Congressman/woman and two senators and any Assembly members of the State their personal request
Dear Authority,
I humbly submit my Petition to Redress Grievances seeking injunctive relief of my Authority members of the House and Senate to enforce laws the bank’s as MASTER SERVICER’s broke instructing employees of the national banks of the United States of America and the federal savings banks of America, and state and federal credit unions to not follow the laws. The Master Servicers did sell the promissory notes in secret with intent of take consumer property by deception. The Master Servicers did with intent instruct employees of banks as CUSTODIANS to sell properties in violation of the Bank Secrecy Act selling to consumers certificates which allowed the MASTER SERVICER to swap properties and swap cash whenever they want using the unauthorized promissory notes taking possession in a larcenous manner. The MASTER SERIVCER did clearly break laws that Congress created that must be enforced as the MASTER SERVICERS have harmed the economy, third element of our national security. The MASTER SERVICERS are trying to get the enforcers of the law to destory the evidence of the unsecuritized promossiry notes – evidence of the crimes destoryed and new laws that will destroy the Federal Republic. We prayerfully seek injunctive relief and remedies as allowed under federal laws and state laws. We seek President Barack Obama to bring forth first impression case before Supreme Court and protect the economy and UNITED STATES of America v. ‘Banks as Master Servicers’.
Thank you,
Your Humble Constitutient,
LIttle Timmy needs to go. He and Summers belie any real concern from Obama for the middle class or for reform of Wall Street and the banks. Foxes in the henhouse feasting on the commons.
bull bull bull you add the rest.
regulation 30 of the occ allows mr geitner to shut it all down in ten days.
he is NOT telling the truth and it is obvious he is bought and paid for. get rid of him before the whole country goes down the train. he is just a recording saying the same bull over and over again.
the bottom line is that come july 1st every bank in the country will be using the net present value for home mod evaluation . if the homeowner flunks then they are forelcosed on if they apply for the MOD.
that is fact not fiction.
secondly when the NPV is used by the lender it constitutes prima facie evidence of applying for a newloan.
part of the NPV is getting an appraisal. thus A NEW LOAN.
but NO DISCLOsure of THE FACTs of the new loan as IN TILA RESPA HUD 1. it is absolute fraud and racketeering . as of JULY 1 thi s year mr walsh and mr geitner control every federal bank in the counrty.
the OTS is gone as of JULY 1.
you dont get appraisals for MODs. so the bottom line mr geitner and mr walsh are setting the stage for everybody to be on dual track and the house is foreclosed.
get it everyone.
COVER UP THE BAD LOANS make tons of money on the down side of mortgages from foreclosure and bankruptcy fees and then tear the house down and built it again.
WAKE UP! start calling and writing letters file suit pro se. ACT ! or you wont have a house and prolly not be able to get another one for twenty years. cause you cant get a loan the bank ruined your credit .
FIGHT BACK for 47 cents write a letter every week to your state and federal reps. make phone calls. join PICO.
GET RID OF geithner is the slogan.
best regards
DAvid
HOORAH