Comments on: David Dayen’s Chain of Title Book Confirms What You Always Suspected: The Game is Rigged

By: Debra Riley

Debra Riley — Mon, 23 May 2016 01:03:21 +0000

I have a question. We are 99% sure that this is the situation that our mother’s house is in. (Washington Mutual -> Chase -> SPS) Online I found the original mortgage note with WaMu but there have been no court papers filed since then with any updates. Does this indicate that the Note was never formally transferred to the new companies? Or if it was filed, would it be in a different state?

By: Mike Drouin

Mike Drouin — Fri, 20 May 2016 16:36:43 +0000

The heart of the matter lies in the question of weather a mortgage contract even exist or the Note is even enforceable ….. If the sole purpose of the entity is to DECIEVE the homeowner into thinking they are in a Mortgage Contract when in fact a ” securities contract ” was brokered between them and Investor using money that existed in the REMIC , then the entity is not the owner of the NOTE and therefore cannot transfer anything . It is an ILLUSION OF OWNERSHIP . This is Felony theft by deception !!!! and Felony theft by conversion . In my State , NH a promissory Note is considered ” personal property ” to the one who created it , and it is against the law to use someone’s personal property for self gain . Also , the violation of the UETA occurred under this deception because the swindlers were suppose to get your expressed permission in order to electronically transfer your signature which is require during securitization , but how would they get your permission when they didn’t even want you knowing about the contract you were in ???? Not only was this illegal but they protected it by a multi-layered canopy of LIES . The truth is surfacing and soon the Homeowners are going to have their day to repay these Criminals !!!!

By: Big ba---s

Big ba---s — Fri, 20 May 2016 12:58:19 +0000

Americans believe if they owe someone for a home loan then they must, monthly, pay someone. The crooked banks play on that honesty by giving them someone to pay or be foreclosed on.
Many get letters from several financial institutions saying they are the ones you should pay. The homeowner just pays one they feel is the right one as they owe someone. What if they are paying the wrong one? Would that company give the money back if the right one was found?
I think not, so its best to not pay anyone that cannot prove in court that they are the right one by showing they have the original note.
Have a lawyer write them by federal express a demand for a “signed and notarized statement from an officer of that bank” or financial institution along with a copy of the ORIGINAL note stating the original is in their possession and give them 30 days to get your request back to you or you will stop sending any more payments until they can prove to you they are the right one to receive it. State you have read this good book and are nervous about banks now.
This is only common sense since no one should pay anyone anything that cannot show you owe them something or you would be getting request for payments from everyone that is crooked and knows how stupid you are.
After the 30 days, record your letter, sue them or all of them involved company and individually and record their letters demanding payment and quit paying anyone. Do keep paying your homeowners insurance and taxes and keep the receipts showing you are paying them yourself and record them and keep copies. Who is paying the taxes and insurance goes a long way with a jury and judge.
Demand a jury trial as is your American right and wait.
They would be a fool to go to court and will most likely disappear or make you great offers to drop the suit. Don’t drop it, trust the jury to make it right, AS they already have in awards from BIG, BIG, banks already.
Be aggressive, not ashamed of your circumstances. They are the ones that should be ashamed.
Good Luck!!!