SunTrust Finds Problems in Foreclosures, Admits to 4,000 Counts of Perjury

Here we go with those “Document (FELONY) Irregularities” again…

SunTrust Finds Problems in Foreclosures

(Reuters) – SunTrust Banks Inc is refiling documents in 4,000 foreclosure cases after an internal review found problems with the bank’s home repossessions.

The Atlanta-based bank said in its 2010 annual report filed with U.S. securities regulators on Friday that some foreclosure affidavits were signed by employees who did not directly review documents to ensure accuracy and instead relied on the work of others.

SunTrust said it is refiling the documents and expects to have the process substantially completed by the end of first quarter 2011.

The process, dubbed “robo-signing” by critics, forced some of the largest U.S. mortgage lenders to halt foreclosures last Fall amid a firestorm of public criticism.

SunTrust is the latest bank to admit problems in its foreclosure process and is one of 14 U.S. mortgage lenders at the center of several investigations by state and federal authorities.

Read more about these CRIMES here…

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4closureFraud.org

Comments
12 Responses to “SunTrust Finds Problems in Foreclosures, Admits to 4,000 Counts of Perjury”
  1. John Fisher says:

    We have a loan from SunTrust Mortgage. We have 5 different security deeds, 1 on 7-24-06,3 on
    7-27-06 and 1 on 7-28-13. We have three different closing dates, 4 mortgages, a first and second
    mortgage on a loan that states that we have a 100% fixed rate loan, no representative from Sun
    Trust ever signed the loan, we were never verified as the borrowers of the loan, the loan was app-
    roved for a $204,900.00 home on a $17,000.00 part time job. the fixed rate was set up to adjust
    after the first 120 months. Even though an attorney was present, he signed as the notary, there was no unofficial witness on the copy that we received yet the supposed true and correct copy that we got from SunTrust does not match ours. The loan officer made up the additional finance to
    get the loan approved by adding my income to my wife’s income without any verification of income
    or how she jumped from $17,000 per year to $69,000 per year without proof. They violated the
    U.S. Patriot Act by not verifying the borrower ability to repay the loan. They forged or copied my
    wife’s signature on documents on days in which we were never at the closing. They are suing us
    for only $163,900.00 on a home that they sold us for $204,900.00. We reported our issues to
    SIGTARP and they want to know if there are 5 different security deeds, why did the cut checks that amount to over $459,800.00 dollars on a house that they sold us for $204,900.00 and they
    are only suing us for $163,900.00. Upon trying to foreclose on us we simply asked them on
    which security deed and then proceeded to show them all of the others that apply. This has been
    going on for 7 years now as we purchased the home in July of 2006.

  2. Ron Moss says:

    Yes, I think the Old Testement rules out false wittness, alsoThirty strips or stoning is appropriate punishment

  3. Larry Okarski says:

    SunTrust was somehow able to sell my delinquent ninja refi to FNMA while they had possession of the $5 Billion in TARP money. I thought the TARP money was to resolve troubled assets with? Instead, the flipped the tab to The Taxpayers !? The SAME Taxpayers who lent them $5 Billion in the first place, makes no sense.

    • l vent says:

      I just want to pass this info along. They most likely did not sell your delinquent loan off to Fannie. Fannie no doubt always owned it. Check your mortgage loan docs and see if Fannie’s fingerprint is on the so called security instrument, mortgage or note. You would probably be very shocked at all of the blatant fraud, F/K/A as lies A/K/A liars loans/mortgage fraud,, you will find in these documents. These trusts/mortgage servicers/banks are just a fraudulent front for Fannie Mae, they are a big put on. Fannie was hiding behind SunTrust and SunTrust just passed the hot potato (your refi) back to Fannie Mae so their fraudulent criminal attorney network can try and fraudclose. I have discovered this is what they do and they are very deceptive about it.

      • cat says:

        What do I look for in the docs? I had a construction to perm loan on a residence and now I find out it was written as a commercial loan with no disclosure of such. They had us sign a builder direct disbursement which allowed them to pay the builder directly taking us out of the payment loop They proceeded to pay him all the money and the house is only 60-65% completed. There is alot more to this story here: http://bit.ly/aDYF43

  4. Joyce says:

    The old testament contains a number of prohibitions of false witness, lying, spreading false reports, etc. In cases where false testimony was suspected, the judges were to make a thorough investigation, and if false testimony were proven, the false witness was to receive the punishment he had intended to bring on the person falsely accused. For example, since murder was a capital crime, giving false testimony in a murder case was subject to the death penalty. Those eager to receive or listen to false testimony were also subject to punishment

    If robo signers had to lose their own homes as a punishment for their lying, I believe foreclosure cases would go down a little differently.

    You can cast aspersions at my old testament “example” if you want to, but the God of the old testament is still God Almighty and I guarantee you these liars and thieves may look as though they’re getting away with murder now, but their time is coming.

    Exodus 23: 1, 2 – You shall not spread a false report. You shall not join hands with a wicked man to be a malicious witness. You shall not fall in with the many to do evil, nor shall you bear witness in a lawsuit, siding with the many, so as to pervert justice, nor shall you be partial to a poor man in his lawsuit.

    Proverbs 6: 16-19 – 16 These six things doth the LORD hate: yea, seven are an abomination unto him: A proud look, a lying tongue, and hands that shed innocent blood, An heart that deviseth wicked imaginations, feet that be swift in running to mischief, A false witness that speaketh lies, and he that soweth discord among brethren.

  5. David Black says:

    Well it seems my suspicion was right that this site is hacked on a regular basis. the wash state bill

    post and all the comments were wasted and no longer there. just gone. and they call the post rumor.

    the bottom line is we have non judicial foreclousure here in wash state and this proposed law makes it worse.

    I just had a legislator write me and say the mers actually possesses the blue ink notes and deeds of trust

    did you hear me. MERS possesses the blue ink notes and deeds of trust signed by homeowners.

    well I think NOT

    I just wrote the whole legislature saying abolish non judicial foreclosure.

    in washingto state and oregon as well. give us homeowners our property rights back.

    seems the bad guys and banks are really worried that they are going to go to jail.

    best regards
    David B.
    I came over here to kee pthe washington state thread going.

    • l vent says:

      They are really saying MERS has the original blue ink notes and the deeds of trust? These documents have suddenly magically appeared? Hmmmmm…. Why haven’t they been bringing these into court and why do they keep on presenting fraud upon the court in order to try and steal homes from the people? . Maybe MERS has been busy manufacturing bogus unsecured notes and deeds while we have all been busy trying to figure out ways to save our homes. I have a copy of my original note and my pay-off letter from a second bankster so I would like to see exactly what it is they have. If we have the warranty deed that is because the original blue ink note was paid in full that is what generated the deed for us. Marcy Kaptor clearly stated in the Michael Moore film Capitalism a Love Story that they do not have the notes up on wall street and I believe her.

      • l vent says:

        Hope I can sue them into oblivion. Remember the case to the right of the page? Judge Drains Order PHH Mortgage. PHH Mortgage could not come up with the note proving they were owed the money and PHH lost this landmark case it was ruled in favor of the homeowner.. There are greedy pigs who do not want the gravy train to stop and want us to keep paying for all of their fraud and corruption. They are continuing to use scapegoats to hide behind such as MERS, Banksters, Mortgage servicers, and criminal attorney networks to try and keep the ongoing criminal enterprise in motion to keep the investors quiet.. I want to see this corrupt Oligarchy facsist dictatorship revived roman empire shit burn to the ground.

  6. Suntrust’s “glitch” in their fabrication dept. is largely a result of the NOTES being LOST to BEAR STEARNS.

  7. Jason Werner says:

    According to Ohio’s law, they would also be guilty of tampering with records along with their perjury, all of which is still endorsed and permitted by government until this day so far. I’ve been thrown out of courtrooms for blowing the tampering-with-records whistle. Please note the tampering with records.

    • l vent says:

      Wow. You were thrown out of the courthouse for whistle blowing? You are a hero for standing up for all of us. I know of an attorney who is not a real estate attorney and he got thrown out ot fhe court and heavily fined for trying to help a friend save their home from fraudclosure. Liberty and Justice for all? Ha! Not for the peasants.

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