Comments on: EXCLUSIVE | The Sophisticated and the Scammed – MBS Trusts Keeping Assets on the Books Long After they are Liquidated https://4closurefraud.org/2012/02/20/exclusive-the-sophisticated-and-the-scammed-mbs-trusts-keeping-assets-on-the-books-long-after-they-are-liquidated/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Mon, 23 Feb 2015 16:10:11 +0000 hourly 1 https://wordpress.org/?v=7.0.4 By: izraul https://4closurefraud.org/2012/02/20/exclusive-the-sophisticated-and-the-scammed-mbs-trusts-keeping-assets-on-the-books-long-after-they-are-liquidated/#comment-588266 Mon, 23 Feb 2015 16:10:11 +0000 https://4closurefraud.org/?p=42794#comment-588266 Keeping paid off loans on the books and replacing them with phony loan numbers from “sample contracts”… see how many of these bullshit numbers you can find in bloomberg lol

]]> By: izraul https://4closurefraud.org/2012/02/20/exclusive-the-sophisticated-and-the-scammed-mbs-trusts-keeping-assets-on-the-books-long-after-they-are-liquidated/#comment-588264 Mon, 23 Feb 2015 16:06:19 +0000 https://4closurefraud.org/?p=42794#comment-588264 If I may be of some help here.. ehm!! pay attention now because I am about to hand you a big tube of vasoline for you to use on these bastards.. you just be sure to provide your own sand paper condoms to go with it when you bend them over!

lawinsider.com the honey pot of shit! phantom loans and milled up docs!!

]]> By: Roy Blizzard https://4closurefraud.org/2012/02/20/exclusive-the-sophisticated-and-the-scammed-mbs-trusts-keeping-assets-on-the-books-long-after-they-are-liquidated/#comment-336764 Sat, 25 Feb 2012 06:46:37 +0000 https://4closurefraud.org/?p=42794#comment-336764 While all this is true, the real question that we are still awaiting a jury trial to find out is how you change a negotiable instrument into a security instrument and back again while SEC and IRS law states that you can’t do this. You can change it once, but not back. So we have all these millions of loan notes that have been changed to security instruments, sort of like stocks or bonds, but now are being used by the crooked banks and servicers as a means to foreclose on property that was to be secured by negotiable instruments. HMMM. The lower court judges don’t even understand this issue. But maybe one day one intelligent judge will arise to slay the monster with one decision.

]]> By: lvent https://4closurefraud.org/2012/02/20/exclusive-the-sophisticated-and-the-scammed-mbs-trusts-keeping-assets-on-the-books-long-after-they-are-liquidated/#comment-332963 Tue, 21 Feb 2012 20:48:01 +0000 https://4closurefraud.org/?p=42794#comment-332963 It was all a giant ILLEGAL…scam and a giant ILLEGAL fraud…FROM THE FRAUDULENT INDUCEMENT AND THE FRAUDULENT SALES…..ALL OF .those MBS TRUSTS WERE AND ARE A MASSIVE CRIMINAL ELITE WORK OF FICTION……THAT NEVER EVER EXISTED…..AND SO ARE THE MBS’S AND ALL OF THE DERIVATIVES THEY SOLD….A GIANT SCAM…..AND A GIANT WORK OF ILLEGAL, FINANCIAL AND CRIMINAL FICTION….!! MWAHAHA…!! TELL THEM TO ASK THE SEC OR THE FDIC….THEY KNOW THE TRUTH IS IT WAS ALL A MASSIVE FRAUD AND A MASSIVE SCAM….AND ALL OF THEIR INVESTMENTS WERE A MASSIVE, ILLEGAL SCAM AND A FRAUD AND ALL OF THE INVESTORS GAMBLES CRAPPED OUT THE DAY THE ILLUMINATI INTENTIONALLY CRASHED THE STOCK MARKET BY INSIDER TRADING IN 2008……….SEE THE YOU TUBE VIDEO ENTITLED…CNBC SAYS….THE ILLUMINATI CRASHED THE STOCK MARKET….!! IF I WERE THE INVESTORS….I WOULD PERSONALLY FIND OUT WHO ALL OF THESE CRIMINAL DEFRAUDERS ARE AND SUE THEM OUT OF EXISTANÇE…….THEY CAN START BY LOOKING FOR RELEVANT, LEGAL INFORMATION FROM THE SEC, THE FDIC AND MOVE ON TO SUBPOENA AND CRIMINALLY INDICT HANK PAULSON AND THE U.S. TREASURY DEPT AND THOSE WHO WERE RUNNING THE FEDERAL RESERVE UNDER CLINTON AND BUSH AND THEN SUBPOENA AND CRIMINALLY INDICT OR JUST SUE THE GSES AND THE IMF….BECA– USE THIS MASSIVE FRAUD BEGAN WITH THE ILLEGAL AND FRAUDULENT — USE OF OUR SINATURES AND THE SMELLY TRAIL WILL LEAD THEM ALL THE WAY TO THE WORLD BANK…THE INTERNET SHADOW BANK AND MERS AND INSIDE OF THAT THAT…THEY WILL FIND THE HEAD OF THE BEAST HIDING…..THE WIZARDS BEHIND THE FRAUD CURTAIN…..THE SMOM/VATICAN/JESUIT/ROTHSCHILD CRIME SYNDICATE…..THE REAL OWNERS OF ALL OF THE FRAUDULENTLY INDUCED SECRETS, LIE, DECEIT AND FRAUD….THEY SHOULD DO THEIR HOMEWORK…AND GO AFTER THE REAL CRIMINALS WHO ROBBED THEM….BECA– USE THE AMERICAN PEOPLE DONT HAVE THEIR STOLEN WEALTH….THESE CROOKS COMMITTED THESE VERY SAME CRIMES AGAINST US …EXPONENTIONALLY..WITH THE SAME AGENDA…METHOD AND FRAUD…ALL IN ORDER TO ROB, FINANCIALLY RAPE AND PILLAGE ALL OF HUMANITY….!!! OFF WITH ALL OF THEIR CRIMINAL HEADS….!

]]> By: Beth A. https://4closurefraud.org/2012/02/20/exclusive-the-sophisticated-and-the-scammed-mbs-trusts-keeping-assets-on-the-books-long-after-they-are-liquidated/#comment-332761 Tue, 21 Feb 2012 15:10:00 +0000 https://4closurefraud.org/?p=42794#comment-332761 Excellent report – Well done!!!!!!

Amazing fraud scheme – they steal and commit fraud upon the homeowners THEN turn around and steal from the trust (e.g., charging servicing fees for non-existent home loans).

Where are the regulators on this? Oh yeah…what was I thinking.

]]> By: indio007 https://4closurefraud.org/2012/02/20/exclusive-the-sophisticated-and-the-scammed-mbs-trusts-keeping-assets-on-the-books-long-after-they-are-liquidated/#comment-332594 Tue, 21 Feb 2012 09:24:32 +0000 https://4closurefraud.org/?p=42794#comment-332594 Nice work! Way to bust them!

]]> By: lvent https://4closurefraud.org/2012/02/20/exclusive-the-sophisticated-and-the-scammed-mbs-trusts-keeping-assets-on-the-books-long-after-they-are-liquidated/#comment-332471 Tue, 21 Feb 2012 06:22:30 +0000 https://4closurefraud.org/?p=42794#comment-332471 NO ONE IS SAFE FROM THE EVIL NWO AGENDA….NOT EVEN THE NWO THEMSELVES….! ALL OF THEIR EVIL BEHAVIOR IS SET TO SELF DESTRUCT AND BLOW UP IN THEIR EVIL FACES….AS THE TRUTH IS SLOWLY REVEALED ABOUT ALL OF THEIR EVIL PLANS FOR MANKIND……THE TRUTH WILL SET US FREE.!!!

]]> By: Gene https://4closurefraud.org/2012/02/20/exclusive-the-sophisticated-and-the-scammed-mbs-trusts-keeping-assets-on-the-books-long-after-they-are-liquidated/#comment-332299 Tue, 21 Feb 2012 01:26:24 +0000 https://4closurefraud.org/?p=42794#comment-332299 The stuff is hitting the fan (SF Property Appraiser Ting, Pino, now finally some word about MBS) and our elected officials are preparing to rubber-stamp these practices. Now I understand why the investors were not heard from while the AGs settled away our rights. I do not think the proposed legislation in Tallahassee will stand up on appeal, but the destruction to displaced homeowners will be swift and likely permanent while the litigation weaves its way around the courts. Hopefully some judge will do the right thing and place an injunction to mitigate damage. I know this is off topic, but I too am so tired and frustrated to hear about the vastness of this “sloppy paperwork” while every branch of our government not only turns a blind eye, but assists them!

Great investigative work 4closurefraud!

]]> By: To Tell The Truth https://4closurefraud.org/2012/02/20/exclusive-the-sophisticated-and-the-scammed-mbs-trusts-keeping-assets-on-the-books-long-after-they-are-liquidated/#comment-332169 Mon, 20 Feb 2012 22:24:33 +0000 https://4closurefraud.org/?p=42794#comment-332169 Bank of New York Melon, did they not take over Safra just after Mr Safra was killed in a fire in his penthouse? What is the law in Florida regarding returning notes/mortgages to the buyer after it is paid off or refinanced? And what is the law regarding the recording of these satisfaction?

]]> By: To Tell The Truth https://4closurefraud.org/2012/02/20/exclusive-the-sophisticated-and-the-scammed-mbs-trusts-keeping-assets-on-the-books-long-after-they-are-liquidated/#comment-332168 Mon, 20 Feb 2012 22:22:02 +0000 https://4closurefraud.org/?p=42794#comment-332168 I agree with you, Ali, that is what I have been saying all along. Am watching closely a Quiet title case in Florida. I believe that BOA is holding some ‘satisfied’ loans from either complete pay off or refinances on their books that should not be there. I said this the other day. There are notes floating out there that were never returned to the owners and still showing as assets to these banks….more exposures/disclosures are yet to come also as I predicted.

I also believe that insurance fraud is rampant where these fraud-closures are concern…what happen to these mip and pmi insurances? Also the forced insurances by companies owned by the banksters or the servicers…and how soon after the property goes into delinquency do the insurance protection kick in for the banks/servicers/ investors?
Did someone say that a delinquent loan has to be removed from the trust account? And that it cannot be transferred into another Trust account due to its delinquent status? What about those mortgages that were considered portfolio loans? Does that mean they never went into a trust? How are those dealt with in foreclosures? If they were portfolio loans, then how were they serviced? Or does it mean they were serviced in house but sold to investors? Thanks in advance for you answers.

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