APPARENTLY: The buyer gets a mortgage via the shadow counterfeit mortgage ‘network’. It allows for the creation of counterfeit mortgages that never appear anywhere, accept that the ‘funds’ obtained are then transferred to a secret account, likely overseas, via the ‘network’.
It is not clear if payments are ever made on these mortgages, and if they need be made at all.
These ‘mortgages’ literally only exist in the digital world, and almost never are even findable.
Once in a while a homeowner might get mail to his house, that states some other person is the home owner, derived from the Homeowners Database. This apparently is because ChoicePoint picked up some digital trace of the loan.
Apparently ID Theft is often part and parcel of this fraud,.such that the the perpetrator conceals his identity using the ID’s of others ONLY to the extent that he might create fictitious ‘straw men’ from merging data from an ex spouse, or the like, using varying dates of birth, soc sec #’s, names, etc.

It was said that there was 40 BILLION in bad mortgages back in 2008-9. NOT 14 TRILLION. Logic suggests there are 14 TRILLION (or MORE) in FAKE MORTGAGES.
Foreclosures allow for the coverup. Or so it would seem. IMHO.

MERS = MONEY LAUNDERING OF COUNTERFEIT MORTGAGES, SUPPRESSING THE LIEN (CONCEALING THE FRAUD) FROM THE COURTHO– USE?

HOW? APPARENTLY COUNTERFEIT MORTGAGES = MONEY LAUNDERING = FRAUDULENT FUNDS SHELTERED. STUDY NBank OF COMMERCE GEORGIA. SHUT DOWN IN 2008. POSSIBLY A MODEL. APPARENTLY THE PRIME MOVERS IN THIS RACKET WERE NEVER CAUGHT. RICO. THE ECONOMY OF USA APPARENTLY WAS TRANSFERRED TO SECRET ACCOUNTS. THE PERVS ARE YET UNTOUCHED. CORRUPTED BANK INSIDERS (LOAN OFFICERS, LOAN GUARANTEE OFFICERS) GOT WEALTHY. (NOT THE BANKS) SO IT WOULD APPEAR. LAWYERS (CO RACKETEERS, ACCESSORIES BEFORE AND DURING AND AFTER THE FACT) ARE THE PROTECTION, CORRUPTING THE JUDICIAL SYSTEM, AND THE DA”S OFFICES. SIMPLE RACKETEERING IN THE EXTREME. FORECLOSURE FRAUD IS ACTUALLY A MEANS TO CONCEAL THE MORTGAGE FRAUD.
POLITICIANS (INCLUDING JUDGES, DA’s) MAY HAVE INADVERTENTLY TAKEN DONATIONS FROM THESE PERVS, THUS BEING SET UP TO HAVE THEIR SILENCE EXTORTED. THIS YOUTUBE VIDEO SEEMS TO MAKE THE RACKET MORE UNDERSTANDABLE. IMHO.

We rent the property from the shadow Government, Warrany Deed $10.00, Now they want the house, too. Greedy Bastards!!!

Michael, the recorders office also told me that I would l need a notarized copy of that letter if I go to court. The FBI told me I could request a copy of the original release letter from any branch of that Bank. I do not think that pay off letter is insignificant. What do you think?

There is also a release of mortgage legally recorded and attached to the mortgage, the doc #’s match.. It is hidden under the old pin#. Sneaky, sneaky.

Michael, I left out one key element to this letter it begins, KNOW ALL MEN BY THESE PRESENTS, that _THE NAME OF THE SECOND BANK F/K/A ANOTHER BANK BY SUCCESSOR AND _MERGER_ TO MY ORIGINAL LENDER, They hid this release with a new pin# which I never knew I received. .I think the key to this is SUCCESSOR BY MERGER WITH THE ORIGINAL LENDER. My County Recorder’s office told me my house is paid for free and clear. I am not saying it is soley because of this letter, they never assigned a lien in 20 years which is way past the 12 year statute of limitations in my state. Why would they have hid this with a new pin. I spoke with a private attorney about this and he told me they do sometimes give new pins but this practice is generally not done 7 years after the ORIGINATION. What do you think they were hiding?