Bank Satisfied Mortgage in PINO after Fraudclosure Exposed But Can’t Seem to Pay Off Four Judges in the Florida Supreme Court
PINO CASE – FL Supreme Court readies for case on Fraudclosure docket (4th DCA opinion here) FL Supreme Court docket here and document links here. and Ice Legal answer brief here. Email Florida Supreme Court let them know the nation is watching the Fraudclosure Case Pino v BONYM SC11-697 email@example.com
Bank was caught red handed in their fraud and dismissed the case voluntarily.
Fraudclosure defense attorney, Ice Legal, said,
“Not so fast. We want an evidentiary hearing and a ruling on the fraud so these fraudsters can’t just come back and try again with spiffed up fraudulent documents.”
Court, Judge Menu Sasser, said
“No. I am a biased bank friendly corrupt judge.”
4th DCA said,
“We are biased bank friendly corrupt judges so we don’t want to touch this with a 10 foot pole. We say Judge Sasser was right but we’ll turf this hot potato up to the Florida Supreme Court.”
Up Pino goes to the Florida Supreme Court.
Both parties request the Court dismiss the case.
A satisfaction of mortgage appears on Pino’s mortgage.
Florida Supreme Court, or more honestly, FOUR out of seven judges (majority) refuse to dismiss the case and are moving forward!
I’ve done some work on the trust BoNYM as trustee for CWALT 2006-OC08, linked here and here. This trust was among the 597 trusts in the 18 FHFA lawsuits against financial institutions listing origination fraud, securities fraud, and underwriting fraud. This trust was named in the Countrywide Financial lawsuit here.
Here’s some preliminary data on the trust.
Original Balance: $1,693,916,200
Initial Number of Loans 6,734
Current Number of Loans 3,032 (45% of initial loan count)
Current Number of NON-Performing Loans 1687
Total Number of NON-Performing Loans 5,389 (80% of initial loans)
Total Number of PERFORMING LOANS 1385 (20% of initial loans)
Satisfaction of mortgage below…