Comments on: The Market Ticker – And Then…. It’s Gone… (Secured Interest, That Is) Sheridan Decision Idaho Bankruptcy Judge Myers

By: erkme73

erkme73 — Sat, 23 Oct 2010 02:13:05 +0000

In reply to indio007.

All the reason to get nauseated when BAC announces they’ve found no problems with the 100+k foreclosures they’re resuming.

Isn’t the silence of the national media deafening? I scan all three networks each week night waiting to hear something about the mortgage fraud. Every once and a while they mention something about foreclosure ‘mistakes’, but leave the viewer with the impression that the dead-beat home owner is just postponing the inevitable. Not a peep about the potential clouded titles of over 62 million homes – most of which are NOT delinquent or in foreclosure. I keep thinking, “Just wait till everyone learns about this…” But as of recent, I’m starting to think the media will never report on it.

By: indio007

indio007 — Sat, 23 Oct 2010 01:10:02 +0000

I can’t believe how criminal these people are. I’ve read alot of cases there seems to be a plethora of post hearing affidavits and “original note” note submissions.

There are like 5 frauds rolled up in this one post hearing evidence submission. It’s frickin’ mind boggling!

By: DebbiCat

DebbiCat — Fri, 22 Oct 2010 23:28:31 +0000

Quick question- if the homeowner has a “copy” of the note they signed at closing and take it to court with them, and the plaintiff provides a “new” note which looks nothing like what the owner has, it that a slam-dunk?

By: pelucheven

pelucheven — Fri, 22 Oct 2010 21:40:24 +0000

it is not a free house, he may face capital gail taxes, gift, etc.

they will claim unjust enrichment, like they have never stolen anybodys home before. but that homeowner got in court.

By: jlsemidey

jlsemidey — Fri, 22 Oct 2010 21:22:11 +0000

under most pooling and servicing agreements the servicer and master servicer must continue making payments on your loan, even if you have failed to send them your check. So all 7,000,000 foreclosures so far have been done on people who were current on their payments to the true creditor.

Now that the truth about the illegal assignments, the fraudulent affidavits, the illegal shell games the bankers have played are out, the next battle is the accounting, that is where the rubber meets the road. Most loans declared in default were and have been played in full several times over, and your Notes have been over pledged to so many investors that you would need ten or fiteen notes as yours to cover their hedges.

that is why besides fraudulent liens, affidavits, etc. you may be the victim of having several fraudulent notes flying around in the walls street zone.

challenge everything!

By: jlsemidey

jlsemidey — Fri, 22 Oct 2010 21:14:12 +0000

Here rescission rights under TILA ARE relevant, and you and your lawyer must have exhausted all administrative options available and set the lender in administrative default, you will have superior evidence and the judge will most likely look deeper into things.

By: jlsemidey

jlsemidey — Fri, 22 Oct 2010 21:09:27 +0000

yes!, he gets to keep the house and if the true creditor, meaning the investor, since the trust is only a money pass throgh conduit, it owns nothings, it only manages and distrubutes the funds to the bond holders and other UNDISCLOSED BENEFICIARIES AND CO OBLIGORS, IF THE CLAIM IS NOT PERFECTED DURING THE BK THE NOTE IS VOID IN THE DISCHARGE AND THE TRUE CREDITOR, EVEN IF BY MISTAKE THEY DID NOT FILE OR PERFECT THEIR CLAIM CANNOT FORECLOSE, THE DEBT IS DISCHARGED, AFTER THE DISCHARGE THE HOME OWNER NEEDS TO DO AN ACTION TO QUIET TITLE AND THE U.S. SUPREME COURT EARLY THIS YEAR RULED REGARDING THIS.

SO BK LAWYERS, ALL OF YOU OUT THERE WHO NEVER EVEN SHOW UP FOR THE LIFT OF STAY HEARINGS, YES ALL OF YOU, YOU MAY HAVE BEEN NOT ONLY NEGLIGENT BUT MAY BE LIABLE FOR MALPRACTICE, FOR FAILING TO PROPERLY ADVICE AND PROMOTE THE INTERESTS OF YOUR MILLIONS OF CLIENTS.

CONSIDER THE BK RULES ARE BY DISTRICT BUT PROPERTY LAW WHEN PROPERLY EXCECUTED WILL RULE ON FAVOR OF THE HOMEOWNER UNDER THE PYRAMIDAZATION (SECURITIZATION) SCHEME AS IT IS BEING PLAYED OUT.

I WILL SLEEP BETTER TONIGHT, ONE OF THE PRETENDER LENDERS NEVER SHOWED UP IN MY BK, AND THE OTHER WAS BLOCKED FROM FORECLOSING UP TO THE DISCHARGE.

ACTION TO QUIET TITLE ANY ONE!

By: erkme73

erkme73 — Fri, 22 Oct 2010 20:13:41 +0000

Why am I getting goosebumps reading this stuff!? So what happened with the homeowner? Does he get to keep the house?

By: burythehatchet

burythehatchet — Fri, 22 Oct 2010 19:08:03 +0000

May I inquire why the type font on this page is 50% gray? I’m 50 years old and have enough trouble reading. What is the point of making it more difficult? Please, use black, it’s worked for like a long time.