Comments on: Letter to FHA | Mortgage Bankers Association wants to use E-signatures on Home Loans

By: maggie may

maggie may — Fri, 03 Jun 2011 18:51:22 +0000

In reply to Pamela. THEY ARE BIPOLAR BIPOLAR PEOPLE HAVE NO SELF CONTROL AND THEY MAY HAVE LOST AN ARMY BUT THEY THINK THEY NEVER GET CAUGHT! HOW WRONG THEY ARE!!!!!!

By: Pamela

Pamela — Fri, 03 Jun 2011 18:46:07 +0000

Just one more way for the fraudsters to run rampant with not only our money but our signatures as well.Do these morons get that we are onto them or are they just inherently stuck on stupid.They really have brass ones if they think the people will allow them to get this through.

By: Sandra

Sandra — Fri, 03 Jun 2011 18:18:20 +0000

As a notary, I met face to face with Borrowers who signed their mortgage documents, and MANY times that meeting disclosed irrefularities with the Borrower’s info, or revealed representations & #s given to the Borrower in writing before the signing were different on the actual loan documents. In one case the “signer” was portraying himself as his deceased father of the same name. Sometimes the lenders had inserted $1000s more in loan fees into the closing documents than had been agreed to. And sometimes I found the Borrower had misrepresented his situation, or was unemployed or terminated from his job and had no income with which to repay the loan. Making THAT loan certainly wouldn’t have saved the bank money. With such big financial indebtedness being incurred, it is only prudent and good business to know who actually is making the promise to repay. Digital signatures create a great defence: “Who actually pushed the button to create that signature”. No handwriting expert can help you there.

By: Bust them!

Bust them! — Fri, 03 Jun 2011 17:40:59 +0000

My wife’s (now exwife) ex husband appears to have taken out a well concealed fraudulent loan on my inherited house. He is a member of the MBA. He uses MERS. GET REAL!

By: indio007

indio007 — Fri, 03 Jun 2011 16:59:29 +0000

The E-Sign Act doesn’t apply to UCC-3 . So hit the bricks MBA.
ELECTRONIC SIGNATURES IN GLOBAL AND
NATIONAL COMMERCE ACT

SEC. 103. SPECIFIC EXCEPTIONS.
(a) EXCEPTED REQUIREMENTS.—The provisions of section 101
shall not apply to a contract or other record to the extent it is
governed by—
(1) a statute, regulation, or other rule of law governing
the creation and execution of wills, codicils, or testamentary
trusts;
(2) a State statute, regulation, or other rule of law governing
adoption, divorce, or other matters of family law; or
(3) the Uniform Commercial Code, as in effect in any State,
other than sections 1–107 and 1–206 and Articles 2 and 2A.
(b) ADDITIONAL EXCEPTIONS.—The provisions of section 101
shall not apply to—
(1) court orders or notices, or official court documents
(including briefs, pleadings, and other writings) required to
be executed in connection with court proceedings;
(2) any notice of—
(A) the cancellation or termination of utility services
(including water, heat, and power);
(B) default, acceleration, repossession, foreclosure, or
eviction, or the right to cure, under a credit agreement
secured by, or a rental agreement for, a primary residence
of an individual;
(C) the cancellation or termination of health insurance
or benefits or life insurance benefits (excluding annuities);
or
(D) recall of a product, or material failure of a product,
that risks endangering health or safety; or
(3) any document required to accompany any transportation
or handling of hazardous materials, pesticides, or other toxic
or dangerous materials.

By: l vent

l vent — Fri, 03 Jun 2011 16:17:18 +0000

This is why Obama let it be known he signed that Patriot Act extension with the robo pen from Europe. He was calling out the American people about the fraud the New World Order is trying to use to destroy our freedom. These same criminals who robbed America in the Ponzi Schmeme want to digitize everything to hide their ongoing criminal enterprise of rampant fraud so they can party on. They are trying to destroy a paper trail. They want to digitize the currency too and have only digital currency. Ever hear of the new digital wallet? The American people must reject this idea and stop going along with their communist plan to take over America and the world.

By: noel poe

noel poe — Fri, 03 Jun 2011 16:15:41 +0000

this is already disturbingly common in many types of business today. i could get an e-mail contract to buy a car under the name Barack H. Obama, “click to sign,” and turn it back in and that’s apparently that’s ok with johnny law these days. the mba will very likely get what they want. i mean, that’s assuming obama could get financing.

By: Tim Bryant

Tim Bryant — Fri, 03 Jun 2011 16:12:33 +0000

In reply to Illegitimate Authority. Let's not forget that they also created MERS.

By: maggie may

maggie may — Fri, 03 Jun 2011 16:02:42 +0000

In reply to Illegitimate Authority. LOL

By: maggie may

maggie may — Fri, 03 Jun 2011 15:59:52 +0000

WTF WHATS WORSE AND UGLIER THEAN A BAD MOVIE::???