Dont answer a flyer that comes to your house on mortgage refinance or help for forclosure. they get you to pay to represent you then file an answer in court under different company. then give your documents to the bank were they lost your note and yes you pay them to steel your paperwork the lawyer who filled your answer becomes lawyer who steels your house in forclosure. They put fake email to your attorney so you never receive forclosure papers. Fraud upon fraud. Manipulate and swindle a group of lawers to take your home. Canot sell no payoff can not have your day in court. Court puts motions after ffilled later than when you file so they can say yiu did after the fact and file for title befor the date of hearing. See fl barr. Complaints . Group of attorneys these fl mills for forclosures.

Sonya,

I’d be very interested in hearing from you or talking to you. You may be interested in the ongoing litigation against BofA. This is not a class action suit but a Mass Joinder lawsuit where each person is actually a named Plaintiff in the case. I’d like to talk to you more about this so please email me when you have a moment gregmoeller2005@yahoo.com
Greg

I think anyone with a mortgage, and even those who’ve had a mortgage discharged within the past four or five years, should check the records, regardless of the status of their payments or the value of their property.

Although there’s some truth in this article, the writer fails to TELL THE WHOLE TRUTH within the full context of the problem itself.

According to David Pelligrinelli – “The mortgage recording method which created this title flaw did not exist until recently. As title abstractors are just seeing this problem emerge now but a wave of title claims is coming over the next year or so.”

Unless I’ve been misinformed, recording paper mortgages in county records has been a staple in American real-estate up until the rabid SECURITIZATION enabled by The MERS business model. Consumer Warning Network has done an excellent presentation on Mortgages between borrower and lender that date back to the 1600’s.

Nevertheless, as far back as 1993, WAY BEFORE THE HOUSING BOOM, The Mortgage Bankers Association was brainstorming the idea of a “digital clearinghouse” to make “mortgage assignments as extinct as dinosaurs at Jurassic Park” according to Phyllis K. Slesinger, then General Counsel for HUD and Mortgage Banking Association Alumni.

By that, its reasonable to suspect that “mortgage assignments” were as American as Apple Pie prior to the creation of the SECURITIZED housing bubble with the help of a “digital clearinghouse” now known as MORTGAGE ELECTRONIC REGISTRATION SYSTEMS.

The article goes on to state:

“Owners of the loan normally do not publicly record each of the transfers out of expediency, and cost. Filing a document of transfer (called an assignment) in the land records incurs a substantial fee paid to the county clerk.”

In my opinion, that statement is just plain Hogwash because it justifies the Rationale that got us into this mess with MERS in the first place. One of the excuses to create MERS was to “save customers money”. But nobody stops to ask, who is saving the money and who is being denied the money saved?

The parties “saving money” on recording FEE’S are the same parties that just walked away with $23.7 Trillion in welfare – The Banks.

The people being “denied money” are the jobless General Public and furloughed Local Municipalities who depend on revenue to survive. Upon last check, the average cost to Record Documents at a County Recorders is on or about $14.00 for the first page and $3.00 for an additional page. Compared to a substantial fee of $23.7 Trillion Dollars Recording Costs are a drop in the bucket.

Ever stop to think who’s crying about that “Substantial Fee” anyway? You guessed it: THE SAME BANKS TRYING TO STEAL YOUR PROPERTY.

So the question is: who is helped from the decision to STOP recording and who is hurt?

As you can see, this “cloud on title” is great for pretender lenders using the lower courts to take possession of property from borrowers and a nightmare for homeowners and investors looking for concrete answers.

If GSE’s would not have encouraged this reckless methodology of IGNORING REAL ESTATE LAWS ALREADY ON THE BOOKS, this tremendous cloud on title issue would be a moot point. Why? Because Chain-of-Title would be clearly recorded and evidenced to show who owns what, when they came to own it, and how much it is worth.

When you buy a car, it must be “registered”.

When you copyright a movie or story is must be “registered”.

Should real estate be any different?

“Don’t Believe The Hype” – Public Enemy