Deadly Clear

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Deadly Clear

Not even the Federal Government Can Determine Who owns Your Loan

Unknown's avatarLivinglies's Weblog

It was impossible to trace the majority of the mortgage loans on the over 300 homes sold by DSI that were the subject of the FBI investigation; it would have been harder yet to identify individual victims of the fraud given that the mortgages were securitized and traded.(Emphasis added.)

THE FOLLOWING ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU CAN RELY IN ANY INDIVIDUAL CASE. HIRE A LAWYER.

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Originally posted at http://mortgageflimflam.com
With additional edits by http://4closurefraud.org

“Counter-intuitive” is the way Reynaldo Reyes (Deutschbank VP Asset Management) described it in a taped telephone interview with a borrower who lived in Arizona.  “we only look like the Trustee. The real power lies with the servicers.”

And THAT has been the problem since the beginning. That means “what you think you know is wrong.” This message has been delivered in thousands of courtrooms in millions of cases but Judges…

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David Dayen: Mortgage Companies Seek Time Travelers to Find Missing Documents

CoreLogic is full of baloney. The foreclosure crisis started before Lehman died…and there were over 14 million foreclosures by 2010. Think about the numbers. By 2009 the banks’ PR was being released in percentages. MERS depos talk about 72 million MERS mortgages. Another 20-30 million were no MERS. Figure roughly 100 million homeowners were scammed and on the way to the foreclosure slaughter. 6.2 million, baugh humbug! Way low. Maybe in 2009 alone – or they got it confused with jobs lost…

Unknown's avatarLivinglies's Weblog

intercept

Mortgage Companies Seek Time Travelers to Find Missing Documents

Recruiters are hiring for a job that shouldn’t exist: finding “missing” documents required to “complete” broken chains of title on mortgages entering foreclosure.

Since all assignments of mortgage should have been prepared and recorded within days of the transfer or sale — and the failure to do so irreparably ruptures chain of title — the companies would seem to be looking for time travelers or magicians.

Or maybe they want to manufacture false evidence to introduce into courts as a means to take away people’s homes.

Without a chain of title documenting the sequence of historical transfers of title to a property, foreclosure proceedings cannot continue in a legal fashion. 

Alluvion Staffing, a recruiting firm from Jacksonville, Florida, posted a listing on Career Builder for a “Default Breach Specialist” for an unnamed mortgage company, who would be tasked…

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