“if you provided funds up front to someone to purchase an object and then asked them to pledge the object as collateral for guarantee you would pay them back, and then they stopped paying you or refused to pay you as they had agreed to do, would you not want your collateral back that they pledged to you?? ” Yes, that is why the Investors of the MBS are suing the banks.

i paid my mortgage til they forced homeowners ins that i already had in place (proved it to them, they paid out of escrow) they applied all my payment to BALBOA ins escrow and filed foreclosure. i was never in default. the fn judge covered his ears. i am not the only one

Not only that, but the allegedly ‘damaged’ banks/servicers don’t actually lose any money on a default since they get paid off with credit default insurance (CDS). The borrower should get a free home once the bank is made whole by the CDS payoff.

Litton is the supposed servicer for supposedly BNY-Mellon.

Yet after Litton was already the servicer and BNY-Mellon was already the supposed Trustee Litton was working for, Debra Lyman signed the concocted assignment in favor of that very same BNY-Mellon Trustee. This document was even produced far after the foreclosure had been initiated by Litton, and in fact, was generated even after a Proof of Claim had been entered into the Bankruptcy case that I filed.

So the assignment was produced specifically to match up with the Proof of Claim they had already filed. I contend that is FRAUD.

Additionally, that assignment document ATTEMPTS to assign even the NOTE! MERS is not on the original note so CA courts are already ruling such assignments are void regarding the NOTE.

This bogus assignment attempts to assign a supposedly defaulted mortgage into a Trust. That is another no-no.

It assigns it into a trust that closed 5 years ago.That is another no-no.

MERS can not assign as NOMINEE of a corporation that does not now exist. In fact, the lender named on the original loan documents NEVER has existed. That is just another little ole Litton no-no.

Oh, yeah, and this is one of those trusts with a PSA that directs that multi-step chain of assignments, not this single-step, impossible ‘chain’ from a company that never existed into a trust that closed years ago!

Infact, even the name of the Trustee has changed over the ensuing years. The PSA specifies the Trustee is BNY. Now after 2005, BNY merged with Mellon, forming BNY-Mellon. The Litton assignment assigns to the f/k/a trustee.

Additionally, if the assignments had even been performed at the proper time, there would not have been any Litton involvement in the generation of the fabrications. The initial servicer was CountryWide. Litton only became the servicer AFTER the supposed default occurred.

Because the NOTE and DEED both name a fictional LENDER, fabrications were inevitable. IF the mortgage was ever paid off, someone would have had to sign for that fictional company on the satisfaction of mortgage. Either that or generate the false assignment to another company that would have signed for the satisfaction of mortgage. In that case, there is no guarantee that they would not have also falsely assigned the debt to other company simultaneously that did NOT issue a satisfaction of mortgage. As long as they are signing false documents, what is to stop them from creating a satisfaction at the same time they produce a non-paid-off assignment?

With the supposed default, they had to generate the fabricated assignment because they can not foreclose in the name of a TRADENAME. See Pagano v America’s Wholesale Lender. See also Silverstein v America’s Wholesale Lender.

Get Real, We were all paying our bills on time for the last 25+ years until the ILLUMINATI INTENTIONALLY CRASHED THE STOCK MARKET IN 2008. GO…TO…YOU…TUBE….AND….SEARCH…FOR,,,,,THE VIDEO ENTITLED………….CNBC THE ILLUMINATI CRASHES THE STOCK MARKET. THEN YOU WILL ANSWER YOUR OWN QUESTION. IT IS CALLED TOO MUCH POWER IN THE HANDS OF A FEW GIANT FOREIGN OWNED AND OPERATED MULTINATIONAL CORPORATIONS A/K/A AND OLIGARCHY…….THAT WILL NOT STAND IN THE UNITED STATES OF AMERICA UNDER THE U.S. CONSTITUTION AND THE U.S. BILL OF RIGHTS. GOD BLESS AMERICA……OUR HOMES ARE PAID FOR FREE AND CLEAR BECA– USE OF THEIR PONZI SCHEME SWINDLE AND HEIST, THE PROOF IS IN THE ORIGINATION AND ON TITLE…………………WE THE PEOPLE OF THE UNITED STATES OF AMERICA PLAN ON NATIONWIDE MORTGAGE DEFAULTS AND TAX REVOLTS AND DECLARING OUR NATIONAL SOVERIEGNTY FROM THE FOREIGN MULTINATIONAL TYRANNY!!!!!!!!!!!!!!!! FREEDOM WILL REIGN SUPREME!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Hey Wakeup, why would anyone buy a car before test driving it, hence it would have to have an engine to do so…whos stuid now???

Hey GET REAL…you’re pretty sharp cookie. What if you bought a new car, signed the note, agreed to make payments, and the car didn’t have an engine! Would you keep paying? if you say yes, you’re a liar. Wake up stupid!

Kinda makes you go Hmmmmm. FRAUD thats all it is and the Banks dont want the public to know and I think like everyone else here that it goes A WHOLE lot depper than what we really know………
Keep up the great work everyone!!!!!
The more I dig in my own case, the more fraud I find….

DID YOU HEAR THAT WASHINGTON??????????????????????????