“In other words, if a specific mortgagor fails to make the January payment, a third party will make the payment for the mortgagor. Accordingly, the allegation in a foreclosure proceeding that the January payment was not made and is in default is false.”

Neil at Living Lies has said the same thing, but I don’t know how to prove this in my case. Then again–thinking out loud here–I know that my note was sold to Fannie Mae and in the Fannie Mae trust documents I’ve read, Fannie says they guarantee monthly payments to the investors, even if a specific borrower defaults. In fact, the Fannie Mae investments are called “GUARANTEED Mortgage Pass-Through Certificates.”

So I suppose that in my case, Fannie Mae made my payments that I didn’t make. And I guess that sucks for Fannie Mae since the investors actually own my note and I have no agreement with Fannie Mae. Not only that, my deed of trust has never been publicly assigned to Fannie Mae AND MERS, not Fannie Mae, is the supposed beneficiary of the deed of trust.

So if Fannie Mae made the payments I didn’t make, then Fannie Mae is shit out of luck if they ever hope to collect that money from me OR take my house, because I’m not legally obligated to them in ANY fashion.

Hmmm…OK, I guess that’s the detail I was looking for (correct me if I’m wrong)…I just read so much of this foreclosure stuff that doesn’t make sense to me for a long time and it’s only after I’ve read the same points made by different people in different ways that I start to see the connections and the light bulb goes on over my head…