Fraud on the Court… It’s So Easy a Caveman Could Do It
For all of those blow-hard pontificators out there who think everyone in foreclosure deserves to be evicted, I have this to say, “Fuck you!” And I mean that in the nicest possible way.
I rarely waste my time on these people because their comprehension level doesn’t permit any thought that conflicts with their preconceived notions. There is a name for people like that, morons.
It comes down to this, unless you have been in a coma for the last ten years, we now know for absolute certain that the American mortgage loan was the lynchpin of a massive international Ponzi scheme.
If you have been in a coma, welcome back, you will not fucking believe what happened while you were out.
A third of American men don’t have jobs. Really! You can look it up. You remember Google, right?
Remember that budget surplus? It is now a massive $15 trillion dollar hole or nearly a hundred percent of GDP.
For anyone interested in the facts about where we are financially, the site below is fantastic. Please go there. You don’t need to be an accountant but all of the important numbers are right there. I keep saying that there will be no way out of our financial calamity, look at those numbers and see what you think.
29% of mortgages exceed the value of the home, our governments are all broke, and one by one going bankrupt.
Austerity will probably turn out to win the contest for word of the year.
The plan to solve all this? Well there isn’t one.
As a matter of fact, this is how they want it. The idea is that we should all embrace a period of “shared sacrifice.”
Every day they dig the hole a little deeper, secure in the knowledge that they will be exempt from actually sacrificing anything.
A whopping total of 91 people now own almost everything on the planet. And all over the country a crackdown on free speech is well underway.
They say it’s for our own good. If we really knew what was going on we would know too much and presumably they’d have to kill us. They need to keep almost everything secret from us because these are strange and dangerous times that our forefathers could never imagine when they crafted our Constitution, they say.
Note how many of our problems they suggest they could solve by just tweaking the Bill of Rights. Why not? We don’t use most of them anyway.
The police now routinely arrest people for videotaping them and the Supreme Court recently made warrantless searches the law of the land. Police are public officials performing duties in public and if they feel threatened by being observed and monitored they should seek other employment.
Besides, where can you go today on not be on camera. Everywhere we go we are on camera. It still startles me to see a life size image of me floating above the toilet paper in the supermarket. Remember when we thought that Nineteen Eighty-Four was fiction?
As for the Fourth Amendment, “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.” The Supreme Court nullified that Amendment on May 16, 2011.
The lone dissenter was Justice Ruth Bader Ginsburg who wrote the following. Remember, this isn’t me saying this; it is a Supreme Court Judge who sees it my way.
“The court today arms the police with a way routinely to dishonor the Fourth Amendment’s warrant requirement in drug cases. In lieu of presenting their evidence to a neutral magistrate, police officers may now knock, listen, then break the door down, never mind that they had ample time to obtain a warrant.”
“How ‘secure’ do our homes remain if police, armed with no warrant, can pound on doors at will and … forcibly enter?”
Again, that’s not me but the only Supreme Court Judge not bought and paid for by the global elite.
And just like Orwell’s Nineteen Eight-Four we have had ten years of endless wars and constantly shifting enemies, and the middle class has just about been wiped out.
We’ve been conned. We were the most productive workers on the planet, driving quarter after quarter of increasing GDP and then we were robbed of our livelihoods, our homes, our retirement funds, our social security and our Medicare. All through fraud; massive pernicious, pervasive fraud.
There was fraud in the design of debt backed securities, fraud in the design of the loans, fraud in the creation of the paperwork for the phony loan pools, fraud on the investors, fraud on borrowers, fraud on non-borrowers, fraud on county records and now routine fraud on the court in attempt to try to fix the broken title by unlawfully foreclosing on the property.
And talk about easy pick’ens. Ninety-six percent of all foreclosures go uncontested. In non-judicial states like California it is probably higher.
Anyone can file a Notice of Default.
Nationwide, robo-signed documents are prohibited in only a few counties. Any robo-signed document is a bald forgery created by a party with no legal claim. One way or another most are filed anonymously. So because anyone can, some do. Bank of America, J.P. Morgan Chase, Wells Fargo, you know too big to fail folks, bailout babies, stealing homes that they have no right to.
Time and time again they get away with it and when they are held accountable there is no penalty. In one recent settlement the offender was fined 2% of their illegal gain but they get to keep 98% of what they stole.
But the only ways they can steal our homes is if we or the courts let them. The only way they can do it is with fraudulent paperwork. In the past, when forgeries and perjured testimony were discovered, courts extracted harsh penalties.
Lawyers, whomever they represent are considered to be officers of the court. They are also expected to conduct themselves ethically.
No lying, no fabricated evidence, no made up witnesses, no bribing the other lawyer, no bribing the judge, arcane and naïve notions now it appears.
Most courts don’t seem to mind and dismiss the obvious forgeries as irrelevant in light of the fact that the borrower is in default.
Never mind that the borrower may have been steered to default after applying for a HAMP modification or through a now well documented series of servicing gimmicks.
It is important to be mindful of the real purpose of the loan and how it was used. Its real purpose was to back a bond issue of an aggregate amount and then default.
If the idea was for the pool to default, it didn’t really matter if there were loans enough to cover all the bonds, just make it look like there were enough loans.
This activity impacts a broad area of law extending from real property to complicated financial theory and includes taxation, trust law, commercial code and title law and homeowner’s lawyers are just now starting to grasp the complexity of the issues. This cocktail is further complicated by virtue of the level of deceit that permeates every attempt to mine down to the truth.
There is an old saying in the law; if you have the facts on your side, pound the facts. If you have the law on your side, pound the law, and if you have neither, pound the table.
For several years I have been dissecting these cases from all over the country and what has been going on in many of our courtrooms is that bank lawyers have been getting away with pounding the table with stacks of phony documents bought and paid for right of the menu at Lender Processing Services subsidiary DOCX.
The DOCX menu offers these and other products; NA01 Create Note Allonge, $12.95 plus shipping and handling.
Missing all those pesky intervening assignments? No problem for just $35 a-pop you can have as many IA03s as it takes to fool a judge.
But wait, there’s more!
If the whole damn file is missing they have a limited time offer to recreate an entire phony file, the CF01 goes for just $95 exclusive of third party costs. See how easy it is?
I’m a smart guy. Why didn’t I think of setting up a print shop that specializes in forgeries of legal documents? Lawyers would love it. They would never lose a case. I guess somehow, I just thought that would be wrong if not illegal.
There are various evidentiary standards for the variety of matters that come before the courts. These are called burdens of proof and you may have heard terms such as “beyond a reasonable doubt” or the lower burden of “a preponderance of the evidence”.
In foreclosure cases, in many courtrooms, there is no burden whatsoever and no amount of evidence favoring the homeowner is persuasive.
The evidence submitted by the banks themselves is generally sufficient to prove conclusively that they are not the creditor, if one even exists.
The only reason that an assignment would need to be made by the servicer out of an often bankrupt entity to a closed pool, two years after the fact is because the rules of the Pooling and Servicing Agreement were never met. The deeds, mortgages, notes, all with a proper chain of indorsements, were never delivered to the custodian for the trust.
In fact the trusts could not receive the notes at any time because they cannot own any property, just receive the pass through payments of tranches of either interest or principal payments.
The documents didn’t go to the custodian for the trust or they would have them. That is what is so funny. There are no actual loans in the loan pools, just references to loans. The trust holds nothing and for all the talk about loan securitization, it really didn’t happen.
Indeed, the loans were not originated for the purpose of financing property transactions they were originated to be references in multiple loan pools. Bank of America admitted as much recently in a Florida case.
“Indeed, it appears that many loans and other mortgage-related assets have been double- and even triple-pledged to various constituencies.”
There you have it. Exactly what I have been saying for years. But it does beg the question, why stop there? After two or three do they start to feel guilty? Hell no!
Every time they do make an admission it turns out to be a gross understatement.
Remember, that the investors actually buy bonds, not pieces of mortgages. The loan pools allowed Wall Street to create the illusion that there was actually something of value underlying those bonds.
They funded the bond buyers revenue shortfall each month with the investors own money, just like every Ponzi scheme, the new money coming in keeps the victims clueless until the thing collapses under its own weight. Think of Bernie Madoff on Steroids.
It’s so obvious a caveman could see it. Judges have yet to check their own titles and it’s almost as though they just don’t want to believe what is going on.
When you strip away the hateful rhetoric that attempts to shift the blame for America’s collapse onto the middle class, you discover that the issues go to the very heart of who we are and what our judicial system stands for.
Judges side with crooked bankstas to avoid the “moral hazard” of giving away “free houses”. But what of the far greater “moral hazard” of justice only for the rich and well connected?
If there is a class of people who can do whatever they want with impunity, why do we even need judges or an expensive court system? In the last few years, many average Americans have felt the brutal sting of a court stacked against them. As more and more people, having lost faith in a system of justice controlled by corrupt entities, unavoidably seek other methods of balancing the scale, restoring the dignity of the courts will be nearly impossible.
And then what would America stand for? This is more than a fight for our homes; it is a fight for our legal system and democracy. How far do we want to lower the bar?
George W. Mantor
The Real Estate Professor
Founder, American Foreclosure Resistance Movement
http://www.realtown.com/gwmantor/blog
http://www.gwmantor.hersid.com/
“First they ignore you, then they ridicule you, then they fight you, then you win.” — Mahatma Gandhi
~
I appreciated this article. In the near future we may not be able to read things like this as they will be restricted. I agree that we are going to become a society where IT IS FORBIDDEN TO EXPRESS YOUR THOUGHTS MUCH LESS YOUR RIGHTS AS THERE WILL BE NONE. They just about have the poor and what’s left of the middle class on their knees. Remember, in Russia, you have the right to live in a high rise with about 915 square feet and it will house you and 14 other relatives. You can also stand in line for hours to get milk-it will be sour. You also have the right to see the very rich live opulent lifestyles -you will be quiet and not protest because if you do you ,you will most likely spend the rest of your life in prison. Just give us another couple of years with no jobs and no food for our kids and you might be able to see the Russian lifestyle without even going there.
What an outrage on voting in the last episode of “Dancing with the stars…”
(We are all screwed, folks.)
The hope of the righteous shall be gladness: but the expectation of the wicked shall perish.
Proverbs 10:28
Vote in Dr. Ron Paul for president 2012. He has been talking about this his whole tenure in Congress. He wrote the bill to audit the Federal Reserve and he has been trying to do that for the past 20 years. He served in Vietnam as a flight surgeon and he was an obstetrician. The media marginalizes him because he wants to bring real change, no IRS taxes, bring our troops home, all the right things. He truly understands economics and is the ONLY presidential candidate that can actually discuss issues in depth, not in sound bites. Dr. Paul, 2012.
George Mantor is the voice of the Peoples’ Revolution.
sooo…he’s not about to give you a free house….he’s going to give it to the bank instead. Im tired of getting kicked around by the elite class. The judge is in that class too. I’ll bet he has a 4% mortgage. And cheap homeowners insurance…and schools in a strong tax base. When they tell me that…im going to tell them…the banks bought the rights to my paycheck….and nothing more. And that the court is helping to continue this fraud by forcing me to do business with them. Then i’ll say something disrespectful to the judge…as he had just said that disrespectful thing to me. Send me oatmeal raisin cookies to jail.
What you described and what we are all now going through was DESTINED to occur at this exact time and place. You ask what about a solution? Einstein stated that “problems cannot be solved at the same level of AWARENESS that created them.” These worldwide events are a catalyst for EVOLUTION for they force us to seek answers. The is evolution has to do with consciousness. The system collapsed. Why? It needed to. It did not serve the highest good so the larger question is: What will we, the people build from those ashes. Will we simply go around being the VICTIM? These events were to unfold at a critical time in our evolution so people would finally OPEN themselves to a higher truth – the real truth of who you are and how life really operates. This suppressed knowledge was DESTINED to be revealed at a time when people would SEEK answers.
I am an author and have written 2 books on Amazon, BN.com etc. However, I have written a FREE book as my GIFT to Humankind and posted it at slideshare.net under my name Lauren Tratar. It is entitled “2012: Humankind at a Crossroads – A Call to Action”. The time is now to learn why these events are unfolding so that you can be empowered instead of a victim. By the way, I am contesting 3 foreclosures as a Pro-Se litigant for if we do nothing, they win… This is a test. this is only a test. How are you responding?
WOW! What a well-written piece by Mr. Mantor. He sums it all up quite nicely. I am going to print copies of this post and send it to my legislators, as well as to the judge who told me he was not about to give me a “free house”. Free my ass! I felt like punching the judge in the nose when he said that.
Like the professor says “fraud in the design of the loans, fraud in the creation of the paperwork for the phony loan pools, fraud on the investors, fraud on borrowers, fraud on non-borrowers, fraud on county records and now routine fraud on the court in attempt to try to fix the broken title by unlawfully foreclosing on the property”
Does he need to say more?
You are right on Readsdocs but nobody has the cahones to stop the bastards. That is why the people have to get behind an end to the FEDERAL RESERVE and the our membership in the U.N. EN MASSE. No one can go that alone.
In looking at where this truly began, look at 1913. When the deal was done for controlling the flow
and printing of our money by a private entity instead of through our Dept. of Treasury. One of the
things our Founders advocated against. They were resolute in the banks not having control over the
printing of our money, because it gives the banks control of the whole nation.
And the people were lied to and fooled into agreeing to amending the Constitution for the federal
government to tax the labor of each individual. That is financial slavery.
The other first step of our enslavement is in 1933 when social security was forced upon us. And now
they have stolen all of the hard earned money put in it by the taxpayers, the politicians call it an
entitlement.
Once the camels nose was under the tent it wasn’t long until the whole camel had usurped our interior
space pushing us out into the cold.
We have been had, conned, lied to, and stolen from for over 100 years. The price has been high in
what we’ve lost in blood and treasure due to the rabid greed and power hungry elites across the
board.
.
WOW!!!! You just confirmed what I have been going through for the past year. I am a FIRGHTER and will fight to the end. WAKE UP PEOPLE!!!!!
You guys need to read Kent Denninger over at Market Ticker to see what’s coming
down the pike at us all. If we don’t get a balance budget, there’s not going to be a
economy, we’re going to look like Greece on a much larger scale.
Hope all is prepared!
You mean CARL D. I HAVE BEEN FOLLOWING HIM FOR A YEAR AND A HALF……VERY ENLIGHTENING EXPERT!
Yep.
http://market-ticker.org/akcs-www?post=189776
Posted 2011-07-11 15:09
by Karl Denninger
in Editorial
I always enjoy what Karl has to say. He really gets it.
Congress and Boehner are a bunch of NWO tools. Tell the NWO to forgive half of that 14 trillion debt they created and make their TBTF perps pay for the rest of it. There, problem solved. Clean slate. Then the U.S TREASURY can issue our own currency that is actually backed by something. Debt is enslavement.
THAT US DEBT CLOCK…………..HOOOLY SHIT!!!!!!!
IF THEY RAISE THE DEBT CEILING, THAT IS ANOTHER TBTF MAINSTREET FUNDED BAILOUT. THE CROOKS RANG AMERICA UP WITH SPECULATION AND THEY WANT MAINSTREET TO PAY FOR IT AGAIN..
Right on George!!!!! MAINSTREET has been screwed out of everything and they fully intend to destroy us to make us pay for all of their massive fraud. If there is a state in the union willing to secede from this tyranny, i will gladly move there in a heartbeat. If we have to live off the land, so be it. At least then we will be free from this tyranny.
Maybe the Amish had it right and we all had it all wrong. It is not good to be too dependant on Government, that is when they screw you and that is what they did..
I don’t believe for a minute the U.S. GOVERNMENT IS BROKE. Let’s do an audit of the U.S TREASURY and FORT KNOXX. Unless Geithner and his NWO cronies STOLE THAT TOO . Who backed the shit loans that the GSE’s rang us up with? THE U.S. GOVERNMENT, NOT MAINSTREET or U.S. TAXPAYERS. MAINSTREET SHOULD NOT BE ON THE HOOK FOR FRAUD BECA– USE OF NO COMSUMER PROTECTION AND NO U.S. GOVERNMENT OVERSIGHT OR REGULATION.. THEY SCREWED UP, NOT US. WE THE PEOPLE DID NOT CREATE OR APPROVE THE BAD LOANS AND BUNDLE THEM UP WITH GOOD LOANS AND SELL THEM TO INVESTORS ALL OVER THE WORLD., THE FDIC INSURED BANKS RANG US UP ALONG WITH IMF OWNED FANNIE MAE/FREDDIE MAC’S BLESSINGS..MAKE THE PONZI SCHEME CRIMINALS PAY. THE U.S. GOVERNMENT IS NOT BROKE, MAINSTREET IS BROKE BECA– USE OF THE CRIMINAL PONZI SCHEME THAT THE US.GOVERNMENT ALLOWED.
SEND WALL STREET THE BILL FOR THE DEBT CEILING, THEY CREATED THAT DEBT AND MADE HUNDREDS OF TRILLIONS OFF OF MERE SPECULATION.. THEY RANG AMERICA UP BIG TIME.
AMEN!
Ivent,
The federal government isn’t broke, it’s never made or earned any money. We the taxpayers
are broke because of all the TRILLIONS of dollars stolen from us since WW2.
I know the FEDERAL GOVERNMENT are gagillionaires. They rang UNCLE SAM UP AND UNCLE SAM LET THEM DO IT. THAT IS WHAT I MEANT. UNCLE SAM CRIES BROKE BUT THEY ALLOWED THE FOREIGNERS TO RING US UP. I AM ALL FOR MAKING ALL OF THEM PAY. .
Readsdocs, Maybe the U.S. TREASURY should issue the currency. What is in FORT KNOXX to back our own currency? That is what I would like to know. The FEDERAL RESERVE is a private banking corp. That is not our wealth. That is the NWO wealth. What is the U.S TREASURY hiding? We are the richest nation in the world and I am not meaning the FEDERAL RESERVE.
But Readsdocs, we never really had a mortgage payment thanks to the Ponzi Schemers. Our homes are paid for. Did you listen to the securtization podcast? These are unsecure debts. 40 million mortgages are not legally foreclosable. I think it is more. You are right about the property taxes but where else are we going to go for $900.00 a month?
Unless there is finally an inventory/audit done of the Federal Reserve we’ll never know what
is there or what has happened in the past. We have a right to know.
The same for Fort Knox, have they sold off all the gold that used to be stored there?
We have a right to know.
This same old thing of treating the people who pay the bills of this country as a box of dumb rocks
no longer works. We have and demand the right of clarity and truth in the way the business
of this country is being ran.
Readsdocs, Agreed, There are way too many “secret”s with the Government and that is not right. This is supposed to be a free and open society but we get deceived and lied to constantly. We The People have a right to know what the assets of this country are. I never hear Obama say we are broke or Geithner or Congress. Just we have a deficit. Well I don’t believe for a minute America is broke or we have no assets. They just keeping forcing us to pay more and blame us for borrowing and spending too much. It is the other way around, the Government borrows and spends way to much on things we don’t want or need. The rich multinational corps get away with tax breaks and loopholes and they are all breaking the backs of the people.
I vent, we need to move to Minnesota, they don’t have a government anymore…lol. I laugh but it is sobering,,maybe that is the plan, to shut down every state so the feds can take over the country and not deal with those pesky states and their pesky laws. Perhaps that is why the a.g.’s don’t care, they know their state will be shut down if they follow the ‘old’ laws.
I do see that coming. A strategic default state by state. The debt from all of the fraud and corruption is unsustainable. People cannot afford to pay for this robbery anymore.
What I meant by strategic default is the coming nightmare of the banks and mortgage/loan companies when more and more borrowers strategically default on their home loans.
And it’s already beginning. As more borrowers find they are paying on mortgages that are
now terribly upside down and will never recover their lost escrow, they are consulting attornies
about doing a strategic default. Why pay for something you will never truly own?
Look at it this way, if you even pay off the mortgage you still
do not own your own home.
You are permanently renting it from the local government through
property and school taxes.
If you stop paying that rent the county or city evicts you even
though you have title to it.
The american tax payer has been scammed for over 100 years.
Oh, and moving to Minnesota you’ll get to enjoy the rolling black outs they are now
experiencing.