The pretender lenders have no collateral to back up all of their debt they fraudulently created out of thin air…….they just want to steal everything from the people!!!!!!….Throw them all in prison. 40 trillion in collateral fraud with 8 trillion in real estate to back that up adds up to a big fat ZERO…..They do not own our homes…These are unsecured debts….they destroyed all of the evidence of their ownership of anybodies loans to carry out their crimes……these were no mere paperwork mistakes because they were in a hurry to sell loans…..THIS WAS MASSIVE PERNICIOUS MORTGAGE FRAUD….Committed by WALL STREET for one reason and one reason only, to steal everything from MAINSTREET….!!!

Their books are cooked and all of their ill gotten gains are hidden in overseas bankster accounts….They want to convince all of us that we did this to the economy because we bought stuff we could not afford….They want all of us to pay for their massive mortgage fraud ponzi scheme.. until the whole country is busted. First they bankrupt the people of a nation, then their Government….This was all done before in Weimar Germany and in America as well during the last Great Depression….Same players…same goal, world domination…..Jesse Ventura said it on his show conspiracy theories, AMERICA IS NOT BROKE……America is one of the richest nations on the planet……WALL STREET IS INSOLVENT ON PAPER…….BUT THEY HAVE HIDDEN AWAY THEIR TRILLIONS IN ILL GOTTEN GAINS…… but, what they want is to force us into bankruptcy to pay for all of their fraud…….It’s all been done before.This was a Hitler Plan by the ruling elite, MAKE WALL STREET PAY!!!!!

That’s right Rob, 40 trillion in collateral fraud, 10 mortgages per property. Their books are cooked, they are insolvent. They rang America up with trillions in fraud and never thought they would get caught.

YES !!!

This is similar to the Deutsche Bank suit against CHASE, filed a while back. In that case much of the evidence was taken directly from U.S. Senate testimony by WAMU (Now Chase).

http://www.scribd.com/doc/51208375/deutsche-vs-chase-2006-4-09-01656-0032

Excerpts:

“C. WaMu Breached the Representations and Warranties

65. In April 2010, the United States Senate Subcommittee on Investigations (the“Senate Subcommittee”) held hearings about WaMu’s origination and securitization of mortgageloans. Based on the Senate Subcommittee’s findings, as well as the reports of othergovernmental agencies, the Trustee has reason to believe that many of the mortgage loans in theTrusts do not comply with the Representations and Warranties and that WaMu breached theRepresentations and Warranties, which breaches had a material and adverse effect on the valueof the loans or the interests of the Trusts therein.

69. The Senate Subcommittee found that “WaMu selectedand securitized loans thatit had identified as likely to go delinquent,without disclosing its analysis to investors whobought the securities.”The Senate Subcommittee also found that WaMu “securitized loans tainted by fraudulent information,without notifying purchasers of the fraud that wasdiscovered .” Id., Hearing Ex. #1a, at p. 6 (emphasis added).

70. The Senate Subcommittee report, associated hearings, and documents releasedrelated to those hearings (collectively, the “Senate Record”) provide multiple examples of WaMu’s breaches of Representations and Warranties. For example, the Senate Record indicates that WaMu lacked effective internal controls, used shoddy lending practices, performed inadequate underwriting, failed to follow procedures, and committed critical errors. Thesepractices by WaMu breached the Governing Documents, including, but not limited to, Sections6(vi), (ix), (xvii), (xxii), (xxxii), (xxxvii), (xlviii), and (lviii) of the MLPA, which, in turn,triggered WaMu’s Repurchase and Notice Obligations with respect to the mortgage loans in theTrusts.”

HA! HA! HA! what a great cliche. How about adding…….BOA is DOA ANY DAY.