In light of the story, Reuters | Old Mortgages Rise from the Dead, Haunt Homeowners, we re-present the post that discuses mortgage reincarnation from a few weeks ago.
The post features the Bowers family from the Reuters piece…
Enjoy!
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Manufactured Fraudclosure Via Revocation of Satisfaction of Mortgage
Over a year ago, we started noticing documents filed in county land records that were “clarifying” or “correcting” previous documents. The previous documents happened to state that a mortgage was satisfied, or paid off, and the debt was extinguished. Then a new document showed up, “clarifying” and “correcting” any “error” that suggested that a mortgage had been paid off. “Oh, no no no. Our bad. That mortgage was not paid off. Oh No! That Sucker still owes us a LOT of money and we are moving to fraudclose!”
We have many examples from many different states, as well as a few reports of court cases over this very issue.
When families’ attorneys attempt to ask questions via depositions or discovery, they are shot down at every turn.
I wonder how bank puppet elected officials or judges would handle a “revocation” of a mortgage satisfaction on their own property? Would they just keep quiet and docile and resume payments on a reincarnated debt that had been deemed paid off?
The key language in these documents is:
The mortgage has not been fully paid off, satisfied, nor discharged, but instead continues to exist; and further, that Certificate of Satisfaction which was made in error, should not be construed as any impairment on the mortgage.”
Think you paid off your mortgage?
Think you are golden when the bank discharges the mortgage debt?
Think again Suckers!
Here are some examples of mortgage reincarnation documents filed around the nation, followed by a Kansas bankruptcy judge’s order and memorandum on this issue.
AZ
AZ Err in Release of Deed of Trust.pdf
AZ Err in Release of Deed of Trust2.pdf
AZ Err in Release of Deed of Trust3.pdf
FL
- Linda Green Broward AoC1.pdf
- Linda Green Broward AoC2.pdf
- Linda Green Broward AoC3.pdf
- Linda Green Broward AoC4.pdf
- Linda Green Broward AoC5.pdf
- Linda Green Broward AoC6.pdf
- Linda Green Broward AoC7.pdf
- Linda Green PBC AoC1.pdf
- Linda Green PBC AoC2.pdf
- Linda Green PBC AoC3.pdf
- Linda Green PBC AoC4.pdf
- Linda Green PBC AoC5.pdf
- Linda Green PBC AoC6.pdf
- Linda Green PBC AoC7.pdf
- Linda Green PBC AoC8.pdf
- Linda Green PBC AoC9.pdf
- Linda Green SLC AoC1.pdf
- Linda Green SLC AoC2.pdf
- Linda Green SLC AoC3.pdf
- Linda Green SLC AoC4.pdf
WA
NY (400 in one fell swoop)
Chase to 400 New Yorkers Who Have a Paid Off Home in Suffolk County – “SORRY SUCKERS! You Still Owe!” http://ning.it/pyJ9KV
KY
Just Kidding! Not Paid Off. KY Aff Err Sat 04.07.09.pdf
KY JPMCBNA Err Sat 08.06.05.pdf
NC
NC NWT made error in recording sat.pdf
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4closureFraud.org
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The banks look at a full paid off house, uncontrollably salivating as something to steal – knowing full well they can without consequence as they are above the law. Government gets its’ cut from the trivial hand slap fines and wants the fraud to continue for this reason!
Well they say the past will come back to haunt you,guess we are seeing mass reincarnation at its finest.Just when you thought it was becoming safer and Kaboom they hit you with this.Welcome to the golden age.WOW!!!