60 Minutes | AHMSI’s Responses to Foreclosure Fraud Questions from Dan Ruetenik

Oh – these are not the ORIGINAL Assignments – those are still in the vault (sure they are)

HIGHLIGHTS FROM THE AHMSI LETTER TO 60 MINUTES:

“In addition to transferring the mortgage through an unrecorded assignment at the time the assignee securitization trust obtains the loan, it has been industry practice for the loan servicer to have an assignment of mortgage executed and recorded in the name of the trustee for the securitization trust typically shortly before a foreclosure action is commenced. This latter assignment would be recorded to put record title into the name of the owner or holder of the loan, to eliminate any confusion about the assignee being the appropriate plaintiff to commence the foreclosure action. However, this assignment would not act to transfer ownership or holder status to that assignee, which occurred earlier, as explained above.

Although there exists a signed and notarized unrecorded assignment of mortgage in favor of the securitization trustee in a loan file maintained under contract by a custodian retained by the trust, in most cases it is very burdensome and costly to obtain that old, original assignment and more troublesome to record it, which is a document in favor of blank (that is, the name of the assignee is not filled in) and is dated, signed, and notarized years ago; it is generally less burdensome, more efficient, and less expensive to have foreclosure counsel review the current state of title and counsel or a document preparer prepare, sign, notarize, and record a currently prepared assignment, pursuant to appropriate corporate authority.”

ENTIRE LETTER BELOW

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4closureFraud.org

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Responses to Questions From Dan Ruetenik, 60 Minutes

Comments
37 Responses to “60 Minutes | AHMSI’s Responses to Foreclosure Fraud Questions from Dan Ruetenik”
  1. Kim bradford says:

    they foreclosed on my home after 2008,my huband and I made our payments by check so have copies,and they cashed them and didn’t apply them to our mortgage,the following month they sent back that check,and said we didn’t pay them,Sincerely, Kimberly R Bradford

  2. Nicole says:

    Aloha Everyone,
    Im also going through the same thing in Hawaii. I have been working with the Senator Daniel Akaka. I am a divorced mother of two and have been fighting with amsi for two years now. They have been harassing and threatening me and I am still here and fighting. I will take this all the way to court if I have too. I get up everyday go to work to protect others and then on top of it I have to worry about whether my kids will have a place to lay their heads at night. Why does this happen? I would like to see justice prevail in this matter! Why are we putting our people out on the streets? That in its self is a crime. Mahalo, Nicole

    • Johnny says:

      Aloha Nicole!

      Just wanted to know, what is the update of your status? We can all learn from you, especially the ones here in Hawaii. I visited the Bureau of Conveyances and was told by the guy that saw me often down there that Lenders often DO NOT Record Assignments. I truly believe that once more people are aware of this mess, it will truly expose all of these Foreclosures and wrong doings. And, the mess with MERS?! OMG, where do we start? Hawaii needs to step it up and look into this as well. Maybe Mr. Akaka can help us as a group fighting, lead us to some great help. It will also help the State recover what should’ve been paid and help so many others out there fighting the fight.

  3. Guy Fawkes says:

    What makes me entirely sick is that not only is AHMSI using the term “surrogate signing” for the CRIME of FORGERY, so is 60 Minutes……can someone bring me out of the Twilight Zone??? Why are we letting the propaganda continue????

    SURROGATE SIGNING = CRIME OF FORGERY

    You and I will go to jail if we forged a legal doc, so let’s stop making these crimes sound nice and legit. OK???

  4. Spitfire says:

    PLEASE, PLEASE , PLEASE stop killing yourselves to negotiate a loan mod with a servicing company that does not even hold your note or you Deed of Trust. They CANNOT do a loan mod on a mortgage they do not own. It is illegal in every state. Every single loan mod that they supposedly do, will at some point be rescinded or sold to another fake “trustee” like Deustche Bank and then they will tell you that they will not honor the original agreement that you reached with A.H.M.S.I.

    Their entire goal as a “Debt Collector” (and this is a phrase that ALL of us need to keep repeating to ourselves because there are monetary sanctions that we can receive under Federal Law) because they are NOT A MORTGAGE COMPANY. They DO NOT HAVE YOUR MORTGAGE!!! Don’t you see how insane it is to keep pleading with someone to fix something of yours that they themselves do NOT possess??

    Please review this lawsuit that was just filed April 22, 2011 against these fraudsters. This attorney has done his due diligence and he is going after them from an Offensive position instead of a Defensive position.

    Donna Bolling vs. A.H.M.S.I. filed in Hartford County, Maryland ~ CASE # 12C11000359

    EVERY SINGLE ONE OF US whose has a notice from a pretender lender trustee that is affiliated with Duestche Bank is a victiim of FORECLOSURE BY DESIGN. Keep educating yourselves, save your energy for battling this fraud and corruption and stand your ground. Take an offensive position and PLEASE STOP negotiating with Debt Collectors. Until you do a detailed securitized audit, you will most likely never know what series of events have transpired on your original note, but it is a 99% chance that your note was forever destroyed when it became a “secured asset” or “securitized instrument” because FCC and UCC regulations stipulate that an ASSET and a STOCK cannot co-exist at the same time.

    Once the asset (your mortgage) is “converted” into a “stock” or a “traded commodity or traded investment” it CEASES to be a Mortgage. And once the “offering” time frame of 30, 60 or 90 days is CLOSED, it is closed forever. No one else can buy in to the REMIC or trust account once its closed. Which also means that they can NEVER EVER get that mortgage back. It has now been sold in little bitty pieces called TRANCHES to thousands of investors.

    So you see, there is no mortgage to modify. And once the Promissary Note is seperated for the Mortgage or Deed of Trust, there is a break in the chain of title. Once there is a break in the chain of title, there is then a CLOUD on the title.

    The ONLY solution is to go on the offensive and file for quiet title. Find an attorney that will help you go down and file this BEFORE your pretender lender beats you to it. Find out who has “Standing and Jurisdiction” on that mortgage (that no longer exists) and insist that you are happy to pay the mortgage as long as it can be PROVED that the mortgage was NOT paid off when they securitized it to the original lender.

    LOOK UP CLA– USE 23 of your Deed of Trust and research RELEASE or RECONVEYENCE of Security Instruments or other similiar terminology that explains that it does not matter one iota if some unknown rich uncle or some wall street entity paid that loan off to the original lender. If he was PAID ~ then they need to ORDER the TRUSTEE to do their jobs and reconvey the property back to the rightful owner and that would be YOU.

    Good luck everyone. PLEASE research the case I mentioned ~ take to as many local forums as possible and SPREAD THE WORD ~ “FORECLOSURE BY DESIGN”. Lets wake people up to the realities of what is happening and lets continue to support each other. Every win, no matter how large or small is a win for us all.

    • more and more lies says:

      @ spitfire everyone of us beleive you. since this fraudclosures began neil garfield and Ivent has been telling us the same info. but beleive me noone is going to be with me in court. look at all the broward county in soth florida. a judge leaves the bench because private practice is easer and pays better. what about all those fraudclosures this judge presided over. he was obviously working for the bank. all these foreclosures he ruled on should be null and void. deemed conflict of intrest by pam bindi. we have all been saying since this starte d that it sounds like the judges are being bribed by the banks. then some one would reply i have no proof. well here is your proof. so for you to tell us about false mods being illegal, our loans paid offect. its all fine i beleive you but the banks beleive them selves and their lies and it is unfortunetly up to us to prove fruad. but if oyu have a bribed judge there is no way to win and this is the problem in america today. we have no one on our side. my favorite is calling us deadbeats when the banks told us to stop paaying. when there is bet that someone is going tolose and you make money on that loss what would you do. we have thousands of dollars in bets on our homes. if we walk awy as 96% of the homeowners do they get the insurance money and the house.this is not mainstream and most people do not know what securitization means. sorry so long i am fustrated and wish we would have someone rescue us from this fraud.

      • Spitfire says:

        More and More Lies,
        While I do understand your frustration, the reason I referred everyone to the case in Point, Bolling vs. AHMSI et al (Deustche AltB) is because we need to follow the outcome. And if we KNOW in advance that we are dealing with crooked judges, then we need to do our research on them (they are not G-d or above the Law ~ as recent events have shown) and ask some hard questions. If we find out that the judge has ties with any of the board of directors or trustees for the servicing entities or pretender lenders, or if any part of their 401k’s or their pension plans are tied in with any of these REMIC’s and then ascertain that he is acting with prejuduce because he has a vested interest in the outcome, then we have an OBLIGATION to present our evidence and ask that they either REC– USE themselves or we take it to a higher court and have them REC– USED.

        We are NOT powerless and just because we were unaware and admittedly victimized, does not make us VICTIMS. Knowledge is POWER. And the more we learn and SHARE, the stronger we become. I do not know about you, but I am FIGHTING MAD. And the best way to fght them is together,
        armed with as much information and knowledge as we can possible share with ABSOLUTELY EVERYONE we meet that will listen.

        Which is why I stated earlier ~ this one phrase~ FORECLOSURE BY DESIGN ~ will be the catch phrase that gets everyones attention and makes them ask “What do you mean?” You are right. People are still to some degree clueless. But from where I am sitting, I am starting to see pockets of enlightenment everywhere.

        Please know that I do completely understand where you are coming from. I have owned my home
        almost twelve years and rarely had a late payment. I have a disease of the thyroid (autoimmune) and due to that and the current economy, I am now two and a half months late and AHMSI has escalated my loan. I live in Texas which is non judicial state ~ in fact it is the FASTEST FORECLOSING state in the United States. I have less than 60 days to pony up or my home goes to auction. I am also a single mom.

        But I can assure you, this ole girl ain’t going out without one helluva FIGHT. And I would suggest you buck up too Missy. I do not know if you are a mom, but you cannot let your children see you feeling and/or believing that you are already defeated, no matter where you are in this process. Educate them if they are old enough, tell everyone you know, WHAT you know and be bold when you go to court to assert your rights. You may lose a battle, but we are at war and unfortunately, there will be some losses. Thus far, most of those have been on “our” end as taxpayers. If we do not STEM this tide by being BOLD and OUTSPOKEN and STRONG enough to say it like it is, then it will continue indefinitely. And the future of our children wil be even more abysmal than it appears today and they deserve BETTER THAN THAT. For that matter, so do we.

    • Readdocs says:

      Thank you for that clear explanation of what is happening to mortgages.
      It helps to clear up some of the confusion.
      The part explaining what happens to an asset (mortgage) when it is changed through
      bundling and securitization to a stock.
      Please keep sharing your knowledge and how to so that more will be encouraged to fight
      against the scandal of designed to fail mortgages, the theft of american wealth, and the destruction
      of the right to own private property.

      • Spitfire says:

        Readdocs,

        You are so very welcome. And I will. I am meeting with an attorney this week to offer my services to him as a research assistant, gopher and internet “guru” if he will work with me. And I hope I can convince him to partner with me to become an advocate and a voice all those going through this insanity. I just wish I had done more digging sooner. I am disappointed that I am late to the “party”, but I plan to make up for lost time.

        Blessings,

        Spitfire

    • Digger says:

      Hey thank you for the help. I am up against it with Ahmsi and dont plan to back away.

  5. mary s says:

    Here is what happened to me.I requested ahmsi to modify my loan befor it was late(in late 2008).They said I was not late to call back on due date ,So I did exactly that .They said they didn’t want the money they wanted the house ,Refused to work with me @ all! U.S BANK foreclosed on me.12/2009 they sold the house @ sheriff sale to u.s. bank.I moved 2/2010 .Around august 2010 they served eviction notice.They changed the title & taxes in US BANK left the property taxes homestead .(.no one lives there) In june 2010 they put the house on the market. 12/2010 they pulled it off the market.1/2011 I recieved loan mod papers by mail @ my new address ,in a different state. I recieved forced insurance in my name. I called numerouse times asking why ? They told me the house was never foreclosed on according to their records! It was foreclosed on I have all the legal Docs.I even talked to the lawyers who did the foreclosure .They even said Ahmsi couldn’t rescind the foreclosure & not to move back in there.They had the forclosure on my credit report 6/2010 now that has been taken off my credit report & as of 4/2011 it says in foreclosure ! How can they get away with this ?They said I own that house ,they rescinded foreclosure, now when do I plan to make the past due payment?They continue to hurass me .’they threaten “foreclosure ” I say it’s already been foreclosed on then they act like I’m stupid or something .How can you reforclose on me ??when it’s already foreclosed on & the title is not even in my name. FRAUD ALL THE WAY!

    • mary s says:

      After all the hurassment …I finally reached someone who did listen ,who did investigate the situation ,who did call me back & his name was Fran James extension 70603 @ amhsi who said he was SORRY for the inconvience that was caused ..That the property in question was actually sold on 12-18-2009! He said they would send a letter out in the mail with in 30 days ,my credit report would also be fixed. We will see what happens from here .They are fraud ,they are so horriable to work with! I will update when or if I hear from them

      • mary s says:

        Guess amhsi has done it once again! They figured it out that they actually foreclosed on the home! They put it on the market again ! But continue to refuse to fix my credit report ! That Fran James 70603 refuses to return my calls! Amhsi says I have to put it in writing ! They had it in writing already !Imagine that …once again playing the same game .They can figure out when the foreclosure went threw but they can’t correct the date on my credit report !!!Fraud as usual ! They need to be stopped
        Even the bbb has thrm flagged with a “F “rating & says FBI INVESTIGATION ! SO FRUSTRATED!

  6. l vent says:

    These fraudsters have the nerve to dare say it is too troublesome or burdensome to produce the original documents? THESE ARE PEOPLES HOMES AND BUSINESSES! _ RESCIND OUR FRAUDULENTLY INDUCED MORTGAGE LOANS!!!! _THERE IS NO PROOF THESE MORTGAGE LOANS EVER EXISTED AND THEY NEVER DID EXIST BECA– USE OF THE ORIGINATION FRAUD!!!!!.

    • Jay Hayes says:

      Anybody up for an Online petition?

      • l vent says:

        @John Hayes: Let’s go for it! The louder we scream, the more likely we will be heard. We have to do everything that we can to STOP THE FRAUDCLOSURES NATIONWIDE. Someone like 60 Minutes needs to get the truth out there about the ORIGINATION FRAUD, THE FRAUDULENT INDUCEMENT OF THE MORTGAGES., The truth about the entire PONZI SCHEME HEIST must get out to_ ALL OF THE PEOPLE_ FROM ITS CONCEPTION IN CONGRESS TO ITS INCEPTION BY THE GSE’S FANNIE/FREDDIE AND WHO ALL THE CRIMINAL PERPS WERE INCLUDING BUT NOT ONLY THE BANKSTERS AND WALL STREET. THESE LOANS WERE FRAUDS BEFORE WE EVEN SAT DOWN AT THE CLOSING TABLE AND WE NEED TO TELL THEM WE ALL HAVE THE PROOF. WE NEVER AGREED TO PARTICIPATE IN THIS PONZI SCHEME AND WE WERE CRIMINALLY DECIEVED ABOUT THIS CABAL AND THEIR PLANS FOR US AND OUR COLLATERAL/HOMES. RESCIND OUR LOANS. GIVE THE STOLEN HOMES AND THE STOLEN WEALTH THEY MADE OFF OF US BACK TO THE PEOPLE AS WELL AS ALL OF THE STOLEN PENSION MONEY AND OTHER STOLEN INVESTMENTS THAT THEY STOLE FROM THE AMERICAN PEOPLE BEFORE. DURING AND AFTER THE ENGINEERED ECONOMIC COLLAPSE ON WALL STREET.

      • Spitfire says:

        to Ivent ~ I am with you!! I could not have said any of that any better and i think it is the way millions and millions more each day, of Americans are feeling. Time for a year of “Jubilee” where ALL debt
        is forgiven.

    • Terri says:

      On board. 3 years of emotional and physical torment.

  7. Lit Gant says:

    The answers are all out of the bank foreclosure play book. The same play “Rule” book used by judges. What is not asked and not answered, is the provision in the PSA of the trusts that specifically says the trustte is prohibited after the closing date from accepting any contributions (notes & mortgages) into any REMIC unless the trustee has received an opinion of counsel and the inclusion does not cause an adverse tax consequence to the trust. This means, all these assignments by MERS or some other document processor to a trust after the closing date, is all a sham. Regardless of what an attorney for the plaintiff in the foreclosure tells the servicer or the trustee (or its counsel), for anyone like DOCX or LPS to fabricate these fake assignments is fraud on the court. And for a trustee to knowingly use these fabricated assignments is fraud not only on the court but in regard to the investors. The fact is, they use these frauduent assignments because they no longer have to produce the note and the mortgage. They can then make a “lost note” claim and ask for reinstatement. And most robo-judges will grant this even in the face of a violation of UCC. But if a person demands the note be produced and at the same time contest the assignment, which is most cases are backdated (very apparent on the assignment), they can force the plaintiff to file the note and mortgage with the court. This is important because it stops them from having some other fradulent person (or company) from placing assignments on the back of the note. Now they will have to fabricate an allonge and say it or they indicate transfer of the note and mortgage to the trust. This is all fraud. But robo-judges who play by their book will grant the foreclosure. This means you need a really good attorney. And it also means you may need to try a quiet title action as Dave Kreiger has been saying. In any case, everyone must keep fighting. Lawyers for the defendants must keep looking for new rullings and new decisions based upon new testimony from experts, whistle blowers working for banks and even robo-foreclosure lawyers, and even those robo-signers of affidavits and assignments. Would be so nice if one of those working for the trusts would come out and disclose the corruption. And also a whistle blower who will tell us which judges were on the secret under the table payroll. The information in this letter to 60 Minutes was carefully crafted by lawyers who checked every word to make sure they did not disclose any corruption. Thanks to 60 minutes who went ahead and reported the story anyway. Thanks to Dan Ruetenik, you did an awesome job…..

    • Mary says:

      If I was a lawyer I would be begging people for business right now. On contingency. More and more people are ‘getting it’ and I am starting to see that some of the judges are saying no. I really was encouraged by the serviceman getting such a large settlement yesterday. He documented everything and that is what needs to happen if people are going to pursue their case.

      The REMIC and tax ramifications are another interesting piece of this puzzle and there are so many pieces it is hard to wrap my mind around them. Seems whatever particular issue one looks into another dozen come up. This is why I believe it will take years to sort it all out.

      How do you start over with 65 million loans in the MERS system, but that is the only way it can be fixed imho, and only if the borrowers are willing to sign new docs that exclude MERS. The loan modifications are a bandaid and do not address the real problem, the title is still clouded. The people that created this mess are hardly qualified to uncreate it. The foreclosures have to stop yesterday. The banks need to start pulling every loan in their portfolios and start over. If they want this economy rolling again they best start now.

      • Katheryn says:

        Boy oh boy…talking about missed opportunity!!! That would be a long running revenue stream if I ever saw one.

  8. l vent says:

    EVERYBODY, CHECK THIS OUT!!! ON TODAYS MAX KEISER REPORT MAX KEISER IS REPORTING THAT WHEN HE WORKED ON WALL STREET BACK IN 1980, CITIBANK WAS LAUNDERING DRUG MONEY AND IT WAS NOT A SECRET. MAX KEISER SAID THAT HE KNOWS FOR A FACT THAT _THE ENTIRE BANKING CARTEL _IS _RUN ON COCAINE MONEY_!!!! CHECK IT OUT ON _KEISER REPORT.COM_ 4closurefraud should post this video. I think this is a MEGA bombshell. This FACT PROVES THAT THE BANKSTERS/WALL STREET ARE INDEED ONE and also makes FRAUDCLOSURES even more DESPICABLE!!! HOW DARE THEY ALLOW THESE BASTARDS TO STEAL THE HOMES OF THE AMERICAN PEOPLE OR FORCE A FRAUDULENTLY INDUCED LOAN MOD ON THE IMPOVERISHED HOMEOWNERS,. THIS IMPOVERISHMENT WAS CA– USED BY THESE CRIMINAL PERPS AND IT WAS ALL BORN OF PURE GREED THE PLUTOCRACY MUST STOP NOW!!!

    • l vent says:

      There is a great interview on RT news with Jesse Ventura. Jesse is calling for a REVOLUTION IN AMERICA BY THE AMERICAN PEOPLE NOT VOTING FOR ANY REPULICONS OR DEMORATS.. VOTE OUTSIDE OF THE BOX AS AN INDEPENDANT, VOTE FOR ANYONE BUT A DEMORAT OR A REPUBLICON. JESSE IS SAYING THAT THE U.S. GOVERNMENT HID 16 MILLION DOCUMENTS FROM THE AMERICAN PEOPLE THIS YEAR AND THAT IS A CRIME. JESSE ALSO SAID THAT THE DEMORATS AND THE REPUBLICONS ARE BOUGHT AND SOLD AND THEREFORE THEY ARE OWNED BY THEIR BENEFACTORS. CHECK JESSE OUT ON RT.COM. JESSE IS RIGHT ON. SPREAD THE WORD TO EVERYONE THAT YOU KNOW. DO NOT VOTE FOR ANY OF THE ELITEIST OWNED DEMORATS OR REPUBLICONS WHO ARE OWNED BY THE MULTIANTIONAL CORPS AND THE MULTINATIONAL BANKSTERS!!!!! VOTE OUTSIDE OF THE BOX IN 2012!!!!

    • l vent says:

      GRETCHEN MORGENSON WROTE AN ARTICLE IN THE NEW YORK TIMES ABOUT THE MEXICAN DRUG CARTELS AND HOW WACHOVIA BANK LAUNDERED 378 BILLION DOLLARS FOR THEIR CLIENT CASA DE CAMBIO, A MEXICAN DRUG CARTEL. GRETCHEN ALSO REPORTED THAT THE MEXICAN DRUG CARTELS CA– USED THE STOCK MARKET TO CRASH WHEN THEY WITHDREW THEIR MONEY FROM THE NYSE, AFTER THEY WERE THREATENED WITH INVESTIGATION. I HEARD A RUMOR YEARS AGO THAT THE MONEY WE HAVE IN OUR POCKETS ALL HAS TRACES OF COCAINE ON IT. THE REASON THE FEDERAL RESERVE DOES NOT WANT AN AUDIT ACCORDING TO MAX KEISER IS BECA– USE PABLO ESCOBAR IS HIDING IN THERE SNORTING SOME OF THE PILES OF COCAINE THE CRIMINALS HAVE HIDDEN IN THERE.. RESCIND OUR LOANS. THE GUARDIAN.CO.UK HAS ALSO WRITTEN ABOUT THIS MASSIVE SCANDAL ON THIER WEBSITE.

  9. JamesM says:

    The argument that there is a prior “Old” assignment of mortgage that was done in “blank” many years ago, and it is just to hard to go and get it, is a very stupid argument.

    An “Assignment” cannot be in “blank”. A note can be endorsed in blank but an assignment has to be TO a person or legal entity. It is to evidence a transfer to a specific assignee. There is no such thing as a valid assignment in blank.

    That the writer of the letter also alleges the old Assignment in blank was previously notarized, with blanks to be filed in later is in direct contradiction to:

    a) Florida Statute 117 which forbids a notary from notarizing anything with blanks to be filled in later and

    b) The statutes that say it is a crime to materially alter documents intended to be recorded in the public records after they are executed and notarized, and a crime to later record such altered documents.

    This is the sort of fiction the alleged trustees have being spouting all along. It is horse shit.

    • Stupendous Man - Defender of Liberty - Foe of Tyranny says:

      I am not an attorney and cannot give legal advice. I am also not a resident of Florida so my knowledge of Florida statutes is limited. However, in perusing the Florida statutes I’ve come across 725.01, which says, in part:

      “No action shall be brought … unless the agreement or promise upon which such action shall be brought, or some note or memorandum thereof shall be in writing …”

      This is from the Florida Statute of Frauds and it would seem to support your comment JamesM.

      I suggest that EVERYONE read the history of the original “Statute of Frauds” from England in 1677. Here is a link to a NakedCapitalism post on exactly this:

      http://www.nakedcapitalism.com/2010/12/the-1677-statute-of-frauds-history-we-neglect-at-our-collective-peril.html

      Still a good idea to go in search of more a detailed history.

    • Mary says:

      Thank you. I have not seen many people questioning all the ‘signing in blank’ stuff the banks are doing. When I was in the business we were not allowed to have the borrowers sign anything in BLANK. Not even a Verification of Employment. I can’t even believe they did that and expect us to believe it was legal. The bank further states that the trustee needs no proof whatsover that he/she/they have interest in the loan and assignments don’t act as transfers on mortgages..who wote this!

      MERS demanded that the Note be signed in “Blank”. I am further amazed that the closing agents on the loans went along with this. I wonder how this part was explained to the borrower at closing.

      An aside, if I were Linda Green, I would be asking for a few big bonus checks that all the other Vice Presidents were getting. (I read and printed the bulletin that MERS put out that stated they were running into problems and all the parties had to appoint an employee of their firm to sign as an ‘officer’ of each entity involved to get around this problem. ) Perhaps her bonus check would pay her legal expenses. In fact a few hundred V.P.’ robosigners should be getting big bucks for being Vice Presidents of the TBTF banksters. Now there is a case a few honest lawyers should be looking into.

      • l vent says:

        This is the explanation for the FORGED COPY OF THE MORTGAGE AND THE FORGED COPY OF THE NOTE SENT TO ME BY MY PRETENDER LENDER AND ATTACHED AS EXHIBIT A AND B IN MY FRAUCLOSURE COMPLAINT TO THE COURT. I HAVE THE COPIES OF THESE ENDORSED IN BLANK FROM MY FRAUDULENT REFI. ALL OF THESE DOCUMENTS ARE RIDDLED WITH FRAUD AND FORGERIES THAT OCCURRED AFTER MY HUSBAND AND I LEFT THE CLOSING TABLE. MY ATTORNEY COULD NOT OFFER A GUESS AS TO WHO DID THIS FRAUD BUT SAID HE DEFINITELY DID NOT THINK IT WAS THE TITLE INSURANCE CO. I AM NOT SO CONVINCED, THEY INSURED IT. RESCIND OUR LOANS.

  10. Tdp1957 says:

    they can try to explain all they want, they take advantage of people looking for help, they contact the bank, the bank who collects the money but is not the investor is suppose to deal on behalf of the homeowner. My bank Wells Fargo only went to The investor (freddie mac I found out after they forclosed,Wells would not tell me after 3 years of asking)with 1 of the 3 short sale offers I had. Wells Fargo assigned a negotiator they call it ha no negotiation at all. I had a $250,000 offer on a condo that was appraised at $200,000 because the owner liked my top floor unit and had another in the building. Wells Fargo came back and said they wanted me to take a $70,000 loan from them and the buyer would have to come up another $10,000. The negotiator gave us not even 5 hours to get back to her on offer. My realtor told her the buyers where out of country so she closed the books on that one short sale like that. I got in touch with someone at Freddie Mac who said the would have taken the deal with out what Wells was trying to extort out of me. The fact is Freddie mac allows the banks to do what they want and does not go over the deal. If I had known freddie mac was my investor(now you can find out on line only if you have not been foreclosed)I would have called and tried to tell someone that the deal was a great one and it would avoid another forecloser. I have no idea why Wells Fargo did not bring up my other 2 short sales that where for less due to time when on and prices fell. Meanwhile the lawfirms that where hired by the banks to do the foreclosers where foreclosing while you had short sale going on. Three hands and no one was talking to the other. Mean while I get foreclosed on guess who bought my condo at rock bottom price of $148,000 (my cost was 1/2 a million) Wells Fargo. Then I get the 1099 for the difference between the $148k and $500k cost of the condo.. I lose everything when all I wanted was to redo my mortgage which led to a shortsale which led to a great deal for wells Fargo and all the players involved. Seems like a little conflict of intrest going on here. Since I was an investor I get no relief at all. My first 50K investment and I have lost around $250,000 dollars. It seems that no one feels for the guy who finally in life could invest for his retirement and lose everything. I need a good lawyer if anyone knows of any that understands this whole mess. I have hired so many I lost count who charge me consultation fees and then say they can’t handle the case but know someone who can and I get the same over and over. Does it ever end and will anyone go to jail.
    P.S everyone please rent inside job and learn how this all started

  11. l vent says:

    Yesterday I recieved a letter in the mail from none other FANNIE MAE’S CRIMINAL ATTORNEY NETWORK FISHER AND SHAPIRO regarding a FORCED loan mediation in court. I never knew the Supreme Court ruled IN RULE 218, that the lender must by law try to work out A FRAUDULENTLY INDUCED LOAN MOD with the homeowner before FRAUDCLOSING A//K/A A CASE MANAGEMENT CONFERENCE. WTF!!! WHAT, IS OUR JUDICIARY NOW THE AMERICAN GESTAPO? MY attorney told me DO NOT BOTHER TRYING TO GET A LOAN MOD BECA– USE THERE WILL BE A BALLOON HIDING IN THERE AND MY HO– USE PAYMENT WILL EVENTUALLY SKYROCKET AND THAT THIS MORTGAGE DEBT IS UNSUSTAINABLE. HE TOLD ME TO FIGHT BACK WITH THE FRAUD IN THE WHOLE OF MY LOAN. WELL LET ME SEE WHAT I HAVE HERE, First MERS IS TRYING TO SAY THEY ARE THE PARTY IN DUE COURSE THOUGHT MY PRETENDER LENDER IS THE PLAINTIFF. MERS better have the proof I owe them any money and as we all know, I cannot possible owe CYBERSPACE any money. Then there is the matter of the TOXIC TITLE that has all of the PROOF OF THE ORIGINATION FRAUD IN BLACK AND WHITE, then there is the not so small matter of the HOMEBUILDER FRAUD, ALSO PROVEN IN BLACK AND WHITE ON THE TITLE, THEN THERE IS THE REFI FRAUD , THE FORGING OF SIGNATURES ON THE COPY OF THE NOTE AND THE COPY OF THE MORTGAGE. NO ASSIGNMENTS RECORDED IN 19 YEARS. HMMM…. HOW DARE THEY TRY TO FORCE A FRAUDULENTLY INDUCED LOAN MOD WHEN THEY HAVE NOT SHOWN ME ANY PROOF OF WHO EXACTLY IS OWED ANY MONEY. I DO NOT OWE the PRETENDER LENDER,, MERS OR FANNIE MAE ANY MONEY, THIS LOAN NEVER EXISTED BECA– USE OF THE ORIGINATION FRAUD. MY TITLE PROVES NO LOAN TRANSACTION EVER OCCURRED AT ORIGINATION 20 YEARS AGO. THERE IS NO MORTGAGE LOAN ON THE TITLE. PERIOD. WTF!! WHY ARE THEY WASTING THE COURTS TIME, MY TIME AND THE TAXPAYERS MONEY BRINGING SHIT LIKE THIS INTO COURT??? I GUESS THEY THINK WE ARE FOOLS. THEY GUESSED WRONG.

  12. Doug says:

    What does he mean when he said there is no requirement in florida to have a valid assignment of mortgage on file before the conmencment of foreclosure ? Doesnt this whole thing depend on standing to foreclose ??

    • pparke500 says:

      Because in Florida the “law” is that the mortgage follows the note. So, even though assignments should be filed in the land records so there is a public chain of title (helpful in a title opinion), the argument now is that if the bank can show transfer of the note there is no use arguing about the lack of an assignment. At any rate, here in Lee County there is no use making any homeowner argument in front of the Rocket Docket judges so save your breath.

      • Mary says:

        Well, good luck to the title companies providing a clean title to the next owner. Guess they will make an ‘exception’ and if they do, why do we need title companies since that is their job and we pay them a few hundred dollars for that service. I wonder how those Rocket Docket judges sleep at night. I wouldn’t buy a house now if someone paid me too and I was in the mortgage business.
        (Before it became sleazy.)

  13. Peter Everts says:

    Pitchforks, torches, bankers cover in tar and feathers…what does it take to stop the corporate thieves?

    • losing my home in florida says:

      its not going to stop. until some prevails and exposes the fraud we are alls tuck defending these fraudclosues.. lies lies and more lies is all we get. no bail out for the homeowners constatnt bail out for everyone else. now the courts have been bailed out in fla. no one notices the extremely high foreclosure rate. no one notices this is unusual. they need to start defending us. maybe property taxes would stableize. they keep giving the houses to the bank property values keep getting lower. my home is about 111k on zillow, 127k for taxes, if i foreclose my house will sell at about 90k or lower. decreasin the amout of property taxes my house will generate for my county and schools. why has no one acknowledged this yet. i feel like i am living in the twilight zone.

      • housemanrob says:

        WANT OUT OF THE TWILIGHT ZONE? STOP THE CASH FLOW FOR THESE HOODLUMS! PUT A LID ON IT! STOP PAYING YOUR MORTGAGES! CHECKMATE!!! THEN WE WIN!!!!!!!

      • Mary says:

        Wonderland for me, have been saying this for years, but Twighlight zone, absolutely. I could never have imagined in my wildest dreams what they have done. Everything I ever learned, everything I did was so honest and above board, I loved my job. Now I want to vomit.

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