The Kafkaesque character of this litigation is difficult to deny. Having failed to receive a summons that may have been improperly served upon them, Marilyn and Michael Elliott learned that a default judgment had been entered against them, foreclosing on their home because of a mortgage that was allegedly in default. The home was sold in a sheriff‟s sale to the lending bank. Feeling confused and suspicious, they turned to the Indiana Attorney General, who directed them to file a complaint with the Comptroller of the Currency. The Comptroller‟s investigation revealed that Chase Bank, the ostensible plaintiff herein, is entirely unaware of the foreclosure proceeding. Moreover, Chase‟s records show that the mortgage was paid in full in 2001. Chase, therefore, executed and recorded a satisfaction of mortgage. Notwithstanding the satisfaction of mortgage, Chase‟s loan servicer—Ocwen Bank—continued to prosecute this action in Chase‟s name, attempting to force the Elliotts out of their home even though there has never been a trial and the lending bank has declared that the mortgage was paid in full. Finding this situation untenable, we reverse and remand for trial.
4closureFraud
www.4closureFraud.org
In the above mortgage related article. After the bank bailouts still no one is questioning that any mortgage that was
originated with less than 20 % down had Mortgage Insurance.
Intreresting how nobody questions that its like the Banks got to double dip so to speak, and got money on both ends.
Then some like me that was a good honest broker has to post comments for to make a living now.
NOT FAIR!
I HAVE THE EXACT SAME PROBLEM ITS JUST THAT MARSHALL C WATSON IS PUSHING CHASE AND WELLS FARGO NAME ON THE CLERK OF COURT PAPERS AND THE 2 JUDGES SAID THAT THEY NEVER SIGNED ANY PAPERWORK AND I HAVE THE PAID IN FULL PAPERS AND THE THE FLA STATE ATTORNEY AGREED WITH ME AND THE FEW LAWERYS I HAVE TALKED WITH SEEMS TO BE IN THE TWILIGHT ZONE! IF YOU GET HELP PLEASE CONTACT ME andreabethea@att.net. THEY HAVE GONE AS FAR AS TO DIG UP WATER METER AND POKE HOLES IN THE GROUND TO AND I ROLLED MY ANKLE AND THE WATER MAIN LINE FLOODED ONE OF MY CARS BECA– USE OF A PIPE BOMB FITTING ON THE END OF IT! I NEED HELP ASAP!!!!!
Finally got a loan mod approved by Ocwen in May 2010…..it said after you make 3 trial payment the loan will automatically be taken out of foreclosure status and I will continue to pay according to the terms of the mod for that timeframe. After loan mod downpayment and five consecutive payments into the mod Ocwen put a foreclosure sale date on my house. Called too many times to count, they ran me through the ringer and on Jan 31 2011 foreclosed on me. Really…………………What was the loan mod all about then? Now noone from Ocwen will talk or call me back. Any attorneys out their interested in putting this poor excuse of a company out of business. Just plan on being placed on hold for an hour while their India based call center tries to get a clue what hell their doing.
Hey, Rick..they got me the same way! Before I knew it,they were already done with all their tricks..and I was hitting the bricks. What a bunch of pricks..hope they all had strokes!!!
The Rockefellers are all a bunch of crooks so why expect anything different from their organizations they made plenty of money selling off peoples mortgage as derivatives and their shady loan schemes then they get bailed out millions from the tax payers…
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