Let me ask you a question . Would you promise to pay someone back who didn’t lend you any money ??? of course not !!! that would be lunacy right ??? well that’s exactly what millions of Homeowners did from 2001 to 2007 . Countrywide , and in my case , Option One , were ” straw man lenders ” ( Sub – prime Lenders ) who bridged the gap between Investment Banks , and Depository banks in order to fuel a scheme for obscene profits !! ending with FREE Houses being given to Depository Banks like , Bank of America , Wells Fargo , JP Morgan Chase , Citi Group …… These two Banking systems don’t belong in the same conversation let alone a business contract with each other , so they created entities that would shoulder all the liability of a scheme that would play investor against borrower , both ends of a contract against the middle . That contract is the Mortgage Backed Securities ( MBS ) The reason I asked the question in the beginning was because all the loans created by the Sub-Prime entities were funded secretly by the Investment Banks , with Investor Money . and the Straw Man Lender , just SERVICED that Loan and hid that from you . You think your paying a Mortgage but your in a different contract where your monthly payments go to the investors as a cash flow claim with all the entities involved getting fee’s for handling the payments . It’s all SMOKE AND MIRRORS at this point just to confuse you and bring their scheme to an end . The Depository banks don’t want to service the Loan , they want the free house !!! sorry , but that’s the truth . The fact that these loans were secretly funded by another entity is Fraud in the Inducement , and the fact that another contract was brokered instead of a Mortgage , behind your back and without your permission is Fraud in the Factum , and is subject to Rescission / Cancellation . The Promissory Note is the contract !!! and you promised to pay someone who did not lend you any money !!!