My Foreclosure-Fighting Friends,
Would you please contribute your thoughts to this project?
You can leave your suggestions in the comments below…
Thank you, as always.
Fellow Fraudclosure Fighter
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The Top 10 Biggest Bank Lies About Foreclosures
1. The best way to promote the country’s economic recovery is to speed up more foreclosures.
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9.
10.
Final results will be posted once completed.
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1) Origination Fraud (we did have an attorney @closing) so he lied too!
2) bought more then we could afford. (we put 50k down just so our payments would be reasonable)
3) they lied to the VA about our loan.
4) first bank that got it was Washington Mutual (never recorded w/Recorders office, only found out about it when we got what we thought was our yr. end 1098
5) Called broker’s office to see what kind of paper work they had, was told paperwork was shredded after 5 yrs
6) note sold or assigned multible times lke a stripper at a BOA/Countrywide Christmas party!!!!!!!!
7) given false information about loan mods. Approved for a mod and three days later(after sendind almost 2k were told we could not have mod because BOA made a “Cap Fee) error)
8) Worked w/ Hopeless for Homeowners for 1 and 1/2 yrs. (contact called me on her own to say goodbye because she was quitting because she kept being repremanded for “taking too much time with clients) Thank God because I would never have been able to prove deniel for mod hence no fabricated mods.
8)they tried to say we were approved for aforementioned mod. anyway
9) sent notice of intent from Countrywide in 09 after a”Quit Claim Deed ” signed in 07 from ReconTrust Co.
10) all or most title companies bankrupt or fraudulant, Recon, Stewart, Ticor….
11) never had aproblem till Countrywide/BOA came into the picture.
12) lies to the IRS (which is ultimately going to bring them down)
13) notery fraud
12) signiture fraud. I never signed origination paperwork as it was a VA gaureented loan from my husbands service.
11) loan paid for multble times by force placed insurance.
12) collection calls with caller i.d of “J.C. Archangel”. Saved to memory in phone for proof.
There’s just so much I can’t think anymore. Why do I need to hire a lawyer for 2500 retainer and 1,000 a month
for relief from all of their fraud and lies? I’m quite sure millions of people didn’t all wake up one morning and decide to lose their homes!!! I will not be voting for anyone who does not address this “Control Fraud” as Professor William Black put it.
Ali
Blame the Victim not the Bankster>
Banksters are using a smear campaign to stigmatise victims of
Appraisal Fraud, Origination Fraud and Foreclosure Fraud.
We are not deabeats.
We had jobs, income, and credit to qualify for these mortgages.
This is part of the great land grab known as Agenda 21 –
As experts we understand your economic situtation better than you.
If you couldn’t afford it we wouldn’t lend it to you.
Although you are a senior citizen and can’t aford the payments; In my professional opinion as your loan consultant; the value of your home has increased so much you’d be stupid not to refi and invest the proceeds and if you cannot afford the payments you can always sell and have plenty of equity to pay cash for another home.
(Appraisal $830K Loan $630K Current Vale $250k Income $2K)
1. Hello, this is Bank of America, and we’re here to help!
2. Your Honor, even if the assignment out of MERS is not legal, the assignment is moot. The mortgage follows the note.
2. We are the holder in due course of your note (we own your loan)
3. We loaned your our very own money and are at risk of loosing if you don’t pay us back.
4. Your loan is/was not securitized
5. We are not responsible for the economic crash of 2008
6. It is all the governments fault… they forced us to loan money to those who can not afford to repay. In reality the responsibility is shared between the government the banks and to a very very small degree the borrowers. Banks had to make a mistake they should have known better over and over, whereas borrowers made only one mistake which they had no idea of and should not have been expected to know what the banks were doing with these loans.
7. We have done nothing wrong we should not be punished or go to prison.
8. We have paid back all the government help we have gotten with interest. In reality we have further ripped of the people with onerous fees and charges to bail ourselves out in record short time.
9. We are loaning money to people. Yeah the people the T-bills way.
10. come sign up for this loan mod it will save your house, when they really mean sign here so we can have a record of our note that we lost 6 years ago and we can have an much easier time foreclosing on you and stealing your equity thus your property and at least 6 years of your life and your life’s hard work.
2. The person or entity holding title, as recorded with the County Recorder’s office is the legal owner. (false)
3. MERS exists merely to record who has mortgaged the properties in its’ databases. (false)
4. MERS has no financial interest in any property. (false)
5. Mortgage companies always hold the truest copies of paperwork regarding real estate transactions. (false)
6. Banks are willing to work with homeowners experiencing difficulty in maintaining their monthly payments. (false)
7. Mortgage loan servicers are experts at developing home loan retention plans. (false)
8. It is up to the American taxpayers and government to bail out the banks in a financial crisis, because the expert bankers are unable to determine the volatility of the securities they purchase. (false)
9. A forbearance agreement that requires the homeowner to make accelerated payments and provide documentation in exchange for a promise to have their loan reviewed for modification (but not necessarily modified) is a legal contract. (false)
10. Owning a home is a part of the American dream. (turning into a nightmare for many!)
The banks lied to all of us from the time we signed the mortgage and note
telling us they were lending us money and all they had to lend was their credit
prohiibited by Art 1 Para 10 Cl 1 of the US Constitution,
making the mortgage and note an Ultra Vires contract,
a nullity from the beginning.
A Nullity conveys NO rights ever., not even for a bank.
If you make all your HAMP trial payments on time, you’ll get the loan modication. (false.)
If you appeal your HAMP denial to the OCC , your case will be taken seriously. (false)
They only review a small % of appeals filed. I’ve yet to learn of anyone’s denial being reversed by the OCC,
If you go to your servicer’s local offices, their staff can help you avoid foreclosure. (false)
After driving 20-30 miles to the nearest office, you’ll again be given the same options already offered over the phone by Loss Mitigation: short sale, deed in lieu, or the “opportunity” to re-apply for HAMP.” These are the only 3 options that bank employees have on their computer screens. These are not good options, especially if youi’re not underwater, are making your paymennts, and desire to keep your home.
The only thing the local staff can do is hand out more HAMP forms, or make certain all the forms you’ve sent are in the computer. You could do this by phone and fax.
Homeowners are better off with a foreclosure defense attorney.
1.You do not qualify because you have a perfect payment history.
2.You do not qualify for a modification because you do not have a government loan.
3. The loan servicer tells you you must make late payments or miss payments to qualify.
4. A customer service moron who makes $10.00 an hr. tells you you don’t qualify based on the 4 monetary figures they asked for.
5. They finally agree to the modification & the information submitted is like a legal brief.
6. They did not receive certain papers required…fax again.
7. You fax the paperwork again.
8. Still missing paperwork send again (THEY WON”T TELL YOU WHAT IS MISSING)
9.You now send by mail return receipt requested.
10. Sorry; paperwork is still missing!?!?!?!
10. You have filed bankruptcy…we can’t speak with you with out a letter from your attorney.
11. We do not have the letter from your attorney…we can’t speak with you.
12. The attorney had to fax it 3 times & finally set it return receipt requested by mail.
13. 8 payments later……………..YOU DON’T QUALIFY
14.The same $10.00 an hr. moron; can’t tell you why you don’t qualify.
15. It’s all a PONZI SCHEME to get you into default so they can foreclose on you,
BANKS HAVE NO INTENTION to give you a modification unless forced by the court.
WAKE UP PEOPLE this is violations of The Rico Act and the Federal government is allowing this to happen; from the banks to the judges & the courts.
Follow the money they are all in the pockets of the Banks; people & communities are meaningless.
It’s all about money & greed; this is white collar crime at it’s best because the pretender lenders think they can steal your house even if they have no standing.
We must fight back because if we don’t….it’s just the beginning of more injustice.
1. that the banks do not need a proper chain of assignment to have standing in court to foreclose on the homeowner
I forgot the latest lie that I heard from an attorney…….These loans are all securitized…just go ahead and check the SEC website, your loan is in there……
THE TRUTH: The loans were given to the banks secured by all of us, the U.S. TAXPAYER…….and the homes, were COLLATERALIZED at ORIGINATION…..BY ALL OF US…OTHERWISE THE BANKS COULD NOT HAVE GOTTEN THE MONIES……WITHOUT COLLATERAL TO BACK IT UP….WHICH WAS OUR SIGNATURE…GEITHNER STATED THERE CAN BE NO MONEY LENT TO A LENDING INSTITUTION WITHOUT COLLATERAL TO BACK IT UP…..WHICH WAS OUR SGNATURES………the banks DID NOT do their DUE DILLIGENCE after they got the monies from the U.S. TREASURY that released the COLLATERAL DEED to all of us, because the fact is our homes were paid for by all of us at the ORIGINATION……and that is why there is ORIGINATION FRAUD……and this massive cover up, the U.S. TREASURY did everything ASS BACKWARDS…….WE THE PEOPLE PAID FOR OUR HOMES FIRST AND COLLATERALIZED THE DEBT FOR THE CROOKS ON WALL STREET TO OVERSPECULATE AND THEY ALL GOT MASSIVELY WEALTHY OFF OF THE BACKS OF THE AMERICAN PEOPLE AND THEY GAMBLED ON EVERY ASPECT OF OUR SET UP TO FAIL THAT THEY CREATED……140 TRILLION DOLLARS WORTH…
I was listeneing to Thom Hartmann’s radio show today. I usually like Thom but today, not so much……He had the NERVE to say that why do WE think we do not owe the US. TREASURY MONEY….? Someone has to cover for all of the MISSING SOCIAL SECURITY AND MEDICARE MONEY THAT IS MISSING……!!!! WELL WTF? WHO STOLE IT ALL? WALL STREET DID TO TRY AND COVER UP FOR ALL OF THEIR PONZI SCHEME MORTGAGE FRAUD……..MAKE WALL STREET PAY, THEY STOLE IT ALL AND THEY AND THE FEDERAL RESERVE ARE STILL STEALING FROM MAINSTREET……….
I went to Downtown Chicago today…….it is amazing….NO SIGNS OF RECESSION DOWN THERE……THE OLIGARCHY IS ALIVE AND WELL AND PROPPING UP ALL OF THE SMALL BUSINESSES….WHILE THE SUBURBAN MIDDLE CLASS IS IN SHAMBLES…….NOT ONE FRAUDCLOSURE OR VACANCY DOWN THERE…IF YOU LIVE AND WORK IN A MAJOR CITY, YOU PROBABLY DO NOT HAVE A CLUE WHAT THE SUBURBS ARE DEALING WITH….THAT IS ALL THE PROOF I NEED THAT THIS IS A TOTALLY MANUFACTURED CRISIS…..THE METROPOLIS’ ARE NOT FEELING THIS MANUFACTURED ECONOMIC CRISIS AT ALL…..!!!!
SEURITIZATION DOES NOT OCCUR UNTIL THE ENTIRE LOAN FILE IS DELIVERED TO THE TRUST AND THE PROPER ASSIGNMENT IS RECORDED…THEY HAVE 90 DAYS,….THE ASSIGNMENT IS THE CONVEYANCE TO THE TRUST……. AND THAT MUST BE RECORDED IN MY STATE…….I HAVE BEEN TOLD THAT THE BANKS DO NOT HAVE TO RECORD………THAT IS TRUE, BECA– USE THE TRUTH IS THEY COULD NOT CREATE A LIEN BECA– USE THEY GOT THE CHECK, THEY WERE LENT THE MONEY, NOT VICE VERSA……..THE LENDING OF MONEY TO ALL OF US WAS A MIND GAME, ALL A SHAM AND A FRAUD….AND THE SECURITY WAS OUR SIGNATURES AND OUR PAID OFF COLLATERAL THAT WE PAID FOR AT THE ORIGINATION…. THEY NEVER LENT US ANY MONEY…..THE WHOLE PONZI SCHEME WAS AN ASSED BACKWARDS PLOT TO STEAL ALL OF OUR HOMES….BY THE IMF…..VIA FANNIE AND FREDDIE AND WALL STREET……WE HAVE THE COLLATERAL DEED BECA– USE OUR HOMES ARE PAID FOR FREE AND CLEAR BY ALL OF US…..THIS WAS A MASSIVE TWIST…..AN EVIL RULING ELITE PLOT TO STEAL EVERYTHING FROM THE AMERICAN PEOPLE THAT THEY DO NOT OWN……AND BANKRUPT ALL OF US…SHAME ON THE U.S. TREASURY..FOR COVERING THIS UP…….! HANK PAULSON, SHAME!!!!!
Six million homeowners woke up one morning in America, decided not to pay their mortgage payments and crashed the US economy
My favorite- 2007-2008…you don’t need an attorney…call your servicer or bank immediately to work out a payment plan….lol
Banks are overwhelmed with modification requests…that is why they cannot process these…but somehow manage to cram millions of foreclosures through the system
Your government has your best interests in mind; and is coming up with plans to rectify the housing mess
My new favorite…the new 1-800-bite me number called the HOPE LINE…which when called leads you directly to a rehashed version of the OLD HAMP..this time they can pin you down more accurately to find out how badly to screw you financially and in other ways
1. That the bank does not need to produce the original wet-ink signed promissory note in court
2. That both the mortgage and the promissory note don’t have to be brought before the judge
3. That copies of these documents will suffice
4. That the mortgager can send a non-employee to the court to represent them
5. That the documents don’t have to be recorded at the county records office
6. That the judges don’t recognize the fraud being brought to them
7. That the judges are participating in the fraud
8. That the sheriffs are not upholding their pledge to uphold the constitution
9. That the states are punishing the banksters only slightkly
10., That the state does not intend to compensate home owners with the bankster payoffs.
The top ten lies are: Anything, I mean ANYTHING they say to give the homeowner any hope. I mean ANYTHING that comes out of their mouths when they deal with the individual homeowner, is a LIE. They want your property….period !
NOW, their promises tend to be more truthful when they are FORCED to speak with a lawyer that “gets it”
but only because the lawyer has discovered some “truths” about the actual mortgage…….believe it !
(This comment was derived from dealings w IndyMac Bank…other Banks may be better, I doubt it )
I have many I could think of but I think the number one on my list would be the banks saying THEY WANT TO KEEP PEOPLE IN THEIR HOMES. What a bunch of crap. I totally agree with the other poster’s comments. Thy are all right on the mark. I had the same thoughts as well.
Maybe just a free dog house is what we deadbeats deserve
1. The best way to promote the country’s economic recovery is to speed up more foreclosures.
2. That the Bank loaned the Homeowner its own assets and will be damaged if not repaid.
3. That the Bank wants to work with and help homeowners prevent foreclosure.
4. That the Bank will ever bring its books into a Courtroom and prove they actually loaned the homeowner money.
5. That millions of Notes somehow were all “lost”.
6. That the Bank was unaware that Robo-signers and fake and forged documents were used to foreclose.
7. That when a Bank Securitizes the Note they have forever lost their ability to foreclose on the property based on the fact that the Bank was paid and the Note was turned into a Certificate by the Depositor and can never become a Note again.
8. That a Bank can foreclose on a homeowner in a non-judicial state which is a direct violation of the homeowners federal and state constitutional rights and the homeowner is striped of their due process.
9. That the Bank operates within the Federal Reserve system which is nothing more than a cover up for the Rothschild Banking cartel and the Federal Reserve is not Federal and there is NO reserve and is in direct conflict and violation of the Constitution.
10. That Deutsche Bank National Trust Company (who was the main financier of the holocaust) are claiming to be the Trustee on millions of properties and have absolutely no standing to foreclose as proven within the Trust laws in the State of New York and the Pooling & Servicing agreements.
1. You are 30 days late on your mortgage, and the “lender” sends a notice and tells you to contact them..You call them and they tell you, Yes, we are going to be participating in the HAMP PROGRAM soon,……Would you like us to check and see if you qualify?..you say, O.K..you give them some basic info and they tell you,.yes, you qualify…..do not send anymore payments until you recieve your loan mod package……
2. After receiving the loan mod package 2 months later you fill out the paperwork, send it in and start sending payments, You realize, you have sent 7 payments and have had no response from the lender……You call and wait 50 minutes on hold and finally get some one and say am I approved or what? Should I keep sending trial period payments and you are told stop sending payments, you are approved for the Obama Plan!!!!……Expect the contract to be coming via UPS in a few days…if it does not come….call us back and we will try and track it for you….
3. The loan mod contract does not show……you call call back and are put on hold for an hour……then they track down the person who has been handling your loan mod and you are told, YOU WERE DENIED THE LOAN MOD AT THE LAST MINUTE BY THE U.S. TREASURY……!!! And you say there has to be a mistake, I was told I was approved! Then you are told in a nasty tone of voice: Who told you that you were approved? They ask you for a name and you give them a name and you are told, I will track that person down….Then you ask, what are my options from here? and you are told,,,,try for an in-house loan mod with Fannie Mae……and you ask, what are my chances of being approved? and you are told……I can’t really say….and you ask, what if I get denied this loan mod?, then you are told……you will probably have to sell your house……and then you are completely devastated……
4. After you snap out of it you start calling every authority figure you can imagine, the FBI who tells you call the GSE who “owns” your loan..You get the run around from Fannie and then you are told WE CAN NOT TELL THE SERVICERS TO GIVE YOU A LOAN MOD…..and then you call the State’s Attorney who tells you to call the State AG’s office who tells you to file a complaint…then you are told to call HOPE which is a joke…..and not long after you get a call from an EXTORTIONIST working for the Pretender Lender who tells you that you owe them a huge sum of money, in my case $40,000.00. pay up or you lose your home…..hopefully you tell them to go to hell….then the merry-go-round continues. You go to the internet ot seek answers and I found Propublica and then this website 4 closure fraud.org…..who gives you tons of valuable info…..You go to your recorders office website and find out that there are no assignments and it looks like pretender lender never secured their lien…You go to the recorders office and find out…..by golly you have the DEED WITH NO LIENS ATTACHED…..AND THE RECORERS OFFICE GETS TO YOUR PAID DEED, WHICH YOU HAVE HAD IN YOUR POSSESSION ALL ALONG…VIA AN OLD PIN…WHICH YOU NEVER KNEW YOU HAD A NEW PIN…AND THAT IS WHERE THE ORIGINATION FRAUD IS HIDDEN!! YOUR RECORDERS OFFICE TELLS YOU YOUR HO– USE IS PAID FOR, IT HAS BEEN 18 YEARS AND NO ONE HAS RECORDED A LIEN TO YOUR DEED….THE STATUTE OF LIMITATIONS HAS RUN OUT ON THEM……YOU CAN LIVE IN YOUR HO– USE, SELL IT OR DO WHATEVER YOU WANT WITH IT….YOU OWN YOUR HOME FREE AND CLEAR…AND BTW,,,,IT IS THE SAME THING WITH YOUR COMMERCIAL PROPERTY…YOU ARE BLOWN AWAY BY THIS NEWS…! …You send the lender the certified RESPA request which they send you a copy of a note and a mortgage with all kinds of forgeries and typos on these copies which differ greatly from the docs that you have in your possession from the original closing…..and they tell you in a letter that you have requested too many things such as a copy of the PSA aggreement….and this is all they will send you…..then a few months later you get the knock at the door, it is someone delivering you a fraudclosure complaint……And all through out you look for answers to what got you to this horrible place and you realize, this is all a sham and a fraud…..and you own your home free and clear because of what these criminals did….and my recorders office told me that my house is paid for, I can live in it, sell or do whatever I want with it….and you still get the foreclosure complaint and you fight the illegal fraudclosure without an attorney because you find out quick, the attorneys are working for our enemies…..
Sorry, had to get thru the loan mod nightmare to get here….
1.) You owe this money to somebody.
2.) There is fraud in everyones loan, so therefore, there is fraud in no ones loan.
3.) You can hire an attorney who is honest and will fight for your home…
4.) The banks own the place.
5.) The banks did nothing wrong. this is what they did.
6.) Don’t bother fighing the fraudlosure, let the pretender lender have your home, besides, foreclosure is a great way to get out of debt.
7.) The homes of the people are underwater..and that is the fault of the people not paying thier mortgage……. when the TRUTH IS:, they were never worth the bubble prices…that was all BIG LIE, A GREAT DECEPTION born of specualtion, overleveraging which are nice words for….FRAUD..the criminals used,…to ring the people up with unsustainable debt….
8.) Save yourself, do a short sale or a deed in lieu.
9.) Forced loan mediations by judges with a pretender lender are for the benefit of the homeowner.
10.) People cannot afford these homes anymore…when in reality, the homes were already paid for at Origination by all of us, the U.S. TAXPAYER……FUNDED THE BUILDING AND PAID FOR ALL OF OUR HOMES……
The One Statement Least Heard by Bank Attorneys Pressing Foreclosure Cases:
“We have an undisputed ‘Standing to Foreclose’ in this matter and have provided herewith the authentic,certified authorization to act on behalf of the Owner and Holder of the note accompanied by an authentic,certified “chain of ownership” of said note!”
Top Ten Lies
1- No, the homeowner did NOT need to hire a qualified attorney to advise the homeowner on the legal underwriting of their loan.
2- No, the homeowner did NOT need to hire a qualified attorney to advise the homeowner on the lawful appraisal of their loan.
3- No, the homeowner did NOT need to hire a qualified attorney to advise the homeowner on the legal aspects of Respa and Tila violations on their loan.
4- No, the homeowner did NOT need to hire a qualified attorney to advise the homeowner on the legal closing paperwork of their loan.
5- No, the homeowners would never be given a fraudulent loan and defective product by the bank itself.
6- No, the homeowner would never have to fear not being protected by the Federal government and all of its regulatory oversight, including FDCPA.
7- No, the taxpayer would never have to fear being ripped off by the banks and their friends in Treasury and the Federal Reserve.
8- No, the citizens of a State would not have to fear their State government would shield any criminal activity against citizen homeowners from banks and their attorneys.
9- No, a corporation is a caring, compassionate, law- abiding, God-fearing and loyal to the U.S. citizen.
10- No, a citizen homeowner would never have to possess a law degree and 20 years legal experience to simply buy a home and live the American dream in the 21st century.
Rick Scott, GOP to consider taking courts out of foreclosure process
TALLAHASSEE, Fla. – Sept. 22, 2011 – The push is on in Florida to cut the courts out of the foreclosure process.
Supporters of the concept – which is used in nearly 30 states – say it will speed foreclosures, get houses back onto the real estate market and boost the economy.
Opponents say it puts property owners at the mercy of banks.
Gov. Rick Scott, House Speaker Dean Cannon and Senate President Mike Haridopolos all say they are interested in considering legislation to change Florida laws so judges won’t have to referee foreclosures.
And the House Civil Justice Subcommittee on Tuesday heard a presentation on foreclosures detailing states that include courts in the process versus those that don’t.
Bottom line: Foreclosures take longer and are more expensive in states that involve courts, said state economist Amy Baker.
“I don’t want to leave you with the impression that the data suggests the judicial process is a terrible process,” Baker told lawmakers. “It’s actually ultimately a policy decision on where you want the burden to be, where you want the rights protection to be.”
Florida has the nation’s second highest foreclosure rate, and is one of 20 states that require all foreclosures to go through the court system.
Court action isn’t needed in Michigan, Arizona, California and Nevada – other states with high foreclosure rates. On average, foreclosure proceedings in those states take from 392 days in Arizona to 511 in California, according to Jacksonville-based Lender Processing Services.
In Florida it takes 638 days.
That’s too long, Scott said in a recent interview with the Times/Herald.
“It’s not good for anybody in the process,” he said. “It costs money. Either the homeowners lose money or the lenders lose money, and the longer it takes, it slows down what actually happens in the real market.”
Scott said he is eager to learn more about how making the switch might impact Florida’s housing market.
“If we do go down that path does it really change anything?” he said. “ And we’ve got to make sure that citizens are treated fairly. We can’t create an environment where the homeowners aren’t treated fairly.”
In 2010, the Florida Bankers Association pushed unsuccessfully to change the state’s law so judges didn’t need to sign off on foreclosures, a process called nonjudicial foreclosure.
Much of the state’s housing crisis is caused by a glut of homes awaiting foreclosure, said Anthony DiMarco, executive vice president of government relations for the association.
“If you can move more quickly, properties can get back on the market, and it will stimulate the economy,” he said. “You won’t have blight. Property taxes will get paid. Condo fees and homeowners association fees will be paid. People will buy paint and furniture.”
But state Rep. Darren Soto, D-Orlando, who fought the 2010 legislation, said he will fight it again if it returns in 2012.
“I don’t think we need to be replacing people’s rights with expediency, particularly when we’re talking about property rights,” said Soto, a lawyer who represents homeowners facing foreclosure. “This is a homesteader’s right to access the courts. I can’t think of any property right more important.”
Even in state where judges aren’t forced to preside over foreclosure cases, property owners can take the proceedings to court.
But the filing fee alone costs almost $2,000 in Florida, Soto said. “That’s cost prohibitive for most people, and that’s not including the legal fees you’d have to incur to fight it,” he said.
At the least, Soto said legislation should include an exemption for homesteaded property owners who could be fighting to save their home.
© 2011 The Miami Herald, Janet Zink. Distributed by MCT Information Services
“We want new owners to buy the foreclosures so we can use their capitalized signatures to make more ponzi schemes!”
Lets send the banksters our invoice for moneys due to us from using our signatures…do you see how they always capitalize your name when addressing you? Because they have created a corporation in your name…not a live person…go figure…
Top Ten
1. We can not modify your loan unless you are at least 3 payments behind.
2. We have not received your modification application.
3. We need additional financial information to complete your modification review.
4. After 3 trial payments your modification will become a permanent modification.
5. Underwriting is still reviewing your application for pemenant modification.
6. The affiant has personal knowledge of the account information of the defendant …
7. The Lender is still putting together the necessary affidavit to go forward with a dispositive motion
8. Plaintiff holds the promissory note
9. Plaintiff “holds” the note as the “person entitled to enforce the note”
The loan was securitized and placed into a REMIC Trust and we (the trustee) have the original note, mortgage, with full chain of title to prove it (complying with the Pooled Service Agreement, NY Trust Law, IRS codes, and SEC regulations.
Top 10 Foreclosure Lies.
10. That the loan is in default.
9. This an affidavit of the amounts due and owing.
8. As a collection specialist of the Plaintiff I swear under penalty of perjury that the above stated complaint is true and correct to the best of my knowledge.
7. That this is the affidavit of the vice president of loan documentation who is familiar with the loan servicing process of the Plaintiff.
6. We did not get your paperwork.
5. If you would just submit your paperwork one more time we will have an updated file and be able to make a decision.
4. As long as you are working on obtaining a loan modification the foreclosure will not proceed, I’ll let our lawyers know.
3. Ninety days will be enough time for you to go to mediation and if that doesn’t work short sale your house.
2. When you short sale the house the Bank can’t come after you anymore.
The number one foreclosure lie is
1″WE ARE THE OWNERS AND HOLDERS OF THE NOTE.”.
2. We did not lie about the inflated appraisal…it was just a little puffery
3. We are here to help you stay in your home…as your file goes straight into the foreclosure pile
4. The banks have been hurt financially by these deadbeats who don’t pay
5. We did NOT loose your note…we’ve just temporarily missplaced it…while they are making a new one
6. MERS was created for efficiency not to cheat the states from revenue…you silly rabbits
7. If we just bulldoze these deadbeats homes down…the housing market will improve
8. Allowing the banks to hire their own investigative firms to investigate themselves for any wrongdoing
is completely fair and unbiased. It is in the bank’s best interest to be forthcoming with the truth.
9. The banks don’t buy off politicians and judges…you silly rabbits
10. Ponzi scheme you say….why we’ve never even heard of that…wall street..don’t know them…we are here to
serve our banking customers…..my you are very silly rabbits.
1. Banks are immune because the borrowers signed the Note/Deed of Trust/Modification agreement/mortgage documents (choose any or all). Nothing more needs to be proved in foreclosure process.
2. Servicers are not allowed to put in writing anything they say/promise over the phone.
3. Government/administrative agencies/Attorneys General had no idea about the mortgage fraud up to 2010.
4. Foreclosure attorneys (for the servicers) need to do what is asked of them without paying attention to any applicable law.
5. Mistakes happen. So what? We are TBTF.
6. We know better what amount is owed. Our records are correct. Request for bill of particulars does not need to be answered as well as Qualified Request.
7. MERS (the dear child and “mother”) has been a blessing for the mortgage industry and has a right to foreclose.
8. The society is benefiting when the property is foreclosed on.
9. The courts need more foreclosures to be filed to generate more income.
10. The big one. We respect the borrowers/investors/government/courts and law/partners/ourselves (choose any or all).
And The Fraudy List can go on and on and on…
Elizabeth, I DID NOT SIGN ANYTHING…… ANY ACT OF FRAUD IN A LEGAL CONTRACT NULLIFIES THE LEGAL CONTRACT….THAT MEANS I DID NOT SIGN THE CONTRACT, THE NOTE AND MORTGAGE……I SIGNED NOTHING……AND IF THE JUDGES WANT TO ACCEPT THE PRETENDER LENDERS WORD AND ASSUME I SIGNED THE MORTGAGE AND THE NOTE….LET’S SUBPOENA THE NOTARIES THEN..BECA– USE……….I DID NOT SIGN ANYTHING…….!!!! AND IF THE PRETENDER LENDERS ARE IMMUNE TO FRAUD THAN WHY ARE ATTORNEYS NOW ASKING CLIENTS TO SIGN CONTRACTS THAT PROTECT THE PRETENDER LENDERS:
WAIVER: SOME RESULTING AGREEMENTS MAY REQUIRE CLIENT TO WAIVE ANY RIGHTS TO FUTURE LEGAL ACTION AGAINST LENDER WITH RESPECT TO THE ORIGINAL MORTGAGE LOAN AND SUBSEQUENT MODIFICATION. CLIENT IS ENCOURAGED TO CONSULT WITH AN INDEPENDENT ATTORNEY REGARDING WAIVER OF THAT RIGHT IF AN AGREEMENT IS OFFERED WITH THIS LANGUAGE…
AND THE ATTORNEYS THEMSELVES ARE ASKING TO BE HELD HARMLESS FROM US, THEIR CLIENT…..
INDEMIFICATION: CLIENT AGREES TO INDEMNIFY AND HOLD HARMLESS ATTORNEY AND OTHER ATTORNEY ASSOCIATES, AGENT AND VENDERS, WHO MAY HAVE WORKED ON CLIENT’S FILE, FOR ANY LIABILITY OR CLAIM FOR DAMAGES REGARDING ANY BREACH BY CLIENT WITH RESPECT TO THIS LITIGATION DEFENSE PROCEDURE…..
We have done an investigation and all the loans that were foreclosed were in default. (could it be because they said to qualify for modification you had to be three months behind?)
1. Banks own your loans.
2. Homeowners are trying to get a FREE House.
3. The economy will get better once the backlog of foreclosures are completed.
4. Robo-signing was only a technical problem that could be reinstated.
5.The hidden lies were lies that were not diclosed to the borrower..i.e.. the loans were used for
securitization..etc..
6.Loans were placed into Trusts.
7.Servicers have the authority to foreclose.
8.MERS has the right to transfer Mortgages as the Assignee(nominee).
9.Mortgages and Notes were not bifurcated.
10. Banks are the holders/owners of the original mortgage/note.
We (the banks or servicers) don’t need the wet ink documents,
we have digital copies!
We never sell a borrowers signature.
The borrowers should always be on an only need to know basis
when it comes to the truth about their contract.
1 We can’t help you with a modification because you are current. We can only help if you stop paying.
2 We’re doing Gods work (nice one Blankfein)
3 We want to help.
4 It’s all the borrowers fault, they conspired against the banks
5 It’s just a few cases of defective paperwork
6 We have NEVER foreclosed on anyone who didn’t deserve it
7 Yes, we are solvent (Not really foreclosure related but a DAMN lie anyway as most are bankrupt)
I hope this format doesn’t come back to bite us. Who knows how
selective comprehension works. Please do one that states the
TRUTH about foreclosures. Reading this makes me cringe
Just praying its not misconstrude. Thanks for everything u
Guys do and great showing on local news last nite!! Xo deb 5613899339
Yes, Debbi. We do need something positive and let me start one
WE DO… The List of Hopes.
1. We do have foreclosure defense attorneys.
2. We do have the borrowers who prevail.
3. We do have rights, tools and grounds to fight the brazen and open fraud as well as the hidden one.
4. We are more educated and cautious now. Once bitten, twice shy.
5. We have allies on the government side now. Though, not as many as we would like to and not with the same goals.
6. We, the homeowners, are joining and putting together our defense forces. We don’t want and won’t allow anyone to defraud us.
7. We do care about our communities and families. That’s where we live and we will protect it.
8. We do respect courts and law.
9. We want to know the truth. The truth will eventually prevail. We will win based on truth and not on fraud.
10. We do need to return to basics and make the whole lending system simple to understand, trustworthy to use, and enforceable to rely upon.
Good suggestion…I feel the same….
Everything about foreclosure has been a lie.
From the sewer service to the shady compalints
And the lying lawyers and paid off judges.
The lies go all the way to the lime lite. The
Key note mother of ALL insurers. America—
The new frontier of liars, thieves and rapists. Debi
5613899339
2. Foreclosures are the free market at work. If the market was working the banks would have been allowed to burn-down and the notes sold for nearly nothing; the bailouts enable the foreclosures.
3. The bank lent the money and has a right to take the house. Investors lent the money, and most stand to make more if loans are modified to fair market value.
4. Robosigning isn’t a big deal: it’s just a paperwork issue. Robosigning exists because it is virtually impossible to sign off on affidavits in good faith.
5. MERS is legal, ethical, moral, or necessary.
6. Borrowers are all liars. A few are, but it’s more common that mortgage brokers either overtly encouraged borrowers to lie or altered paperwork before or after the fact.
7. The appraisals, that homeowners paid for and relied upon, were solely for the benefit of banks.
8. That forced placed insurance costs anywhere near what banks charge.
9. That the government didn’t know, before this broke into a national news scandal, what was happening. I am absolutely sure they knew because Lynn, Lisa, Michael R., and I unambiguously told plenty of government officials; they just didn’t care.
10. That it’s difficult to find the fraud. We’ve created tools that make it easier, but even without them it’s easy.
Great list, but I’ll add a couple.
1. Government regulators and prosecutors say that they are investigating the banks, but they are just trying to fool the public to perpetuate the myth that they act in the public’s best interests to ensure justice while they are actually just shaking the banksters down for a little more payola. Of course, they aren’t asking for too much because the banksters already own them and have pictures of them accepting bags of cash and blowjobs.
2. Congress and the state legislatures are looking in to what they can do to solve this banking crisis, but they are just trying to fool the public to perpetuate the myth that they act in the public’s bests interests while they are actually just shaking the banksters down for a little more payola and campaign contributions, after all an election year is coming up. Of course, they aren’t asking for too much because the banksters already own them and have pictures of them accepting bags of cash and blowjobs. Due to the foregoing, right after the next elections, they will pass legislation raiding the treasury to bail out the banks, provide further incentives to foreclose and make it easier to foreclose because we all know that the banksters were just victims of fraud, and even though it was their own fraud which caused all of the problems, the banksters are the ones with the bags of cash and everyone accepts it because no prosecutor will prosecute because the banksters own them, too.
3. Law enforcers say a crime is a civil matter if the banksters or their minions committed it, after all, they follow orders instead of their oaths to uphold the law, just like the SS. How did that work out? Oh, I seem to recall that a lot of innocent people and a lot of illegal order following enforcers did not have a very happy ending. Thank goodness that we all learned from that bankster engineered raping of the world, right?
It’s too bad that those Founding Fathers didn’t think to preserve any rights which the people could use to defend themselves when criminals took power and those who were supposed to enforce the law just followed the criminals’ illegal immoral orders. Think about that for a second.
2. This process will have the same outcome, whether the legal teams fight it in court or not, so we need to save the expense and time of involving the courts and get the homeowners on their road to recovery as soon as possible.
3. We have a legal right to the house, since we hold the Note and Mortgage or Deed of Trust (even if by illegal documentation and fabrication), because the homeowner signed the Note and agreed to repay the “loan.”
4. The bank does not have to prove chain of title, endorsements and allonges, because that goes beyond legal QWR guidelines.
Number one should be: All they(deadbeat homeowner’s) want is a “free” house.