Comments on: U.S. Bank Nat’l Ass’n v. Ibanez | How does a loan for $103,500 actually cost the investors a loss of $274,340.89? https://4closurefraud.org/2012/04/20/u-s-bank-natl-assn-v-ibanez-how-does-a-loan-for-103500-actually-cost-the-investors-a-loss-of-274340-89/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Mon, 01 Dec 2025 17:03:13 +0000 hourly 1 https://wordpress.org/?v=7.0.7 By: Momma https://4closurefraud.org/2012/04/20/u-s-bank-natl-assn-v-ibanez-how-does-a-loan-for-103500-actually-cost-the-investors-a-loss-of-274340-89/#comment-371680 Sun, 22 Apr 2012 01:14:16 +0000 https://4closurefraud.org/?p=45990#comment-371680 Good questions, Pedro. Good questions. The investors don’t know either. Only the banksters know. It isn’t just lawyers, Beth. The servicers add a lot of “junk fees” to every loan. It is a scam that pays the banks multiple times. Don’t forget these loans are insured for losses (remember AIG?) and have pools of reserves for losses. One loan, so many ways to profit…

]]> By: acmodspecialists https://4closurefraud.org/2012/04/20/u-s-bank-natl-assn-v-ibanez-how-does-a-loan-for-103500-actually-cost-the-investors-a-loss-of-274340-89/#comment-371672 Sun, 22 Apr 2012 00:45:35 +0000 https://4closurefraud.org/?p=45990#comment-371672 Simple, fraud on top of fraud

]]> By: Pedro https://4closurefraud.org/2012/04/20/u-s-bank-natl-assn-v-ibanez-how-does-a-loan-for-103500-actually-cost-the-investors-a-loss-of-274340-89/#comment-371631 Sat, 21 Apr 2012 20:09:11 +0000 https://4closurefraud.org/?p=45990#comment-371631 Wait a second…isn’t the Ibanez loan the same loan that the banksters/servicers couldn’t provide proof to the court that the loan was even a part of the trust that employed the servicers?

If memory serves me correctly, the banksters had over two years to provide evidence to the court that the Ibanez loan was in fact a part of the trust. In the end all that was provided to the court at trial, by the bankster’s lawyers was a printout of the trust’s PSA from the “Edgar” website and no further proof of ownership.

How is it possible that the “investors” in this trust are letting the servicers deduct these “losses” from the cash flow of the trust?

If the banksters couldn’t prove ownership to the court in order to receive a “quiet title”, how are these same banksters able to allege ownership of this loan by the trust for the purposes of collecting fees?

Is this another layer of fraud that isn’t covered in the settlement?
I’m not asking these questions rhetorically, I would like to know what other readers have to say.

]]> By: Beth A. https://4closurefraud.org/2012/04/20/u-s-bank-natl-assn-v-ibanez-how-does-a-loan-for-103500-actually-cost-the-investors-a-loss-of-274340-89/#comment-371594 Sat, 21 Apr 2012 15:06:16 +0000 https://4closurefraud.org/?p=45990#comment-371594 Cost of litigation.
You have lawyers for the banksters feeding off the system as well.

Unreal.

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