From your lips to his honor’s ears!!!
Category Archives: Uncategorized
SIX YEARS LATER … AND THEY’RE STILL ROBOSIGNING!
Courts must stop ignoring these facts. Add this to the National Mortgage Settlement and various government agency Consent Orders mandating fraudulent (robo-signed), lacking actual bank officer signatures, be withdrawn and removed from state and court filings that have been ignored. We won’t be able to clean up the government until we enforce the court orders and completely remove and destroy all forged/fraudulent assignments/documents. And maybe in order to do that homeowners ought to continue to name and sue those people whose names have been used to forge the documents clouding the homeowners’ title.
Fannie & Freddie Repackage Defective Loans and sell them to Naive Investors.
Unfortunately, the investors are not naive. This is basically paper laundering. It has to stop because it is attached to fraudulent documents coast to coast.
South Florida Attorney Evan M. Rosen asks “What’s Wrong with Florida’s Third District Court of Appeal? “
Stop dancing. Pull the judges’ financial disclosure statements. Then cross search EVERY mutual fund and investment with “MBS”, “Fannie” and then GSE. Either they’re conflicted or total idiots…so then push to get them off of payroll.
Servicer’s don’t want Payments they want Defaults
Dirty paper, dirty tricks! We’re all sick and tired of it. Let’s get real here folks – it’s not just Citibank and it’s probably not Citibank at all. It is likely that all roads lead to the fraudulently concealed Fannie Mae and Freddie Mac – along with their ol’ pal …U.S. Treasury.
Federal Reserve Replaces Board Members at Wells Fargo
It’s about time…
The Federal Reserve on Friday ordered Wells Fargo & Co. to replace four of its board members and face restrictions on its asset growth.
The Fed’s order limits growth in the firm’s total consolidated assets beyond levels reported at the end of 2017, unless it receives prior approval from the regulator.
The bank will also replace three current board members by April and a fourth by the end of 2018, the Fed said in a press release.
“We cannot tolerate pervasive and persistent misconduct at any bank and the consumers harmed by Wells Fargo expect that robust and comprehensive reforms will be put in place to make certain that the abuses do not occur again,” Fed Chairwoman Janet Yellen said in a statement about what will likely be her last major act in charge of the Fed’s governing board. “The enforcement action we are taking today will…
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How Do You Fix SEC Broken Windows? The answer is – you can’t!
The Securities and Exchange Commission (SEC) has recently announced it is discontinuing their enforcement program requiring admissions of wrongdoing and the prosecutorial approach they were supposedly taking after the 2008 financial crisis. Steven Peikin, co-director of the SEC’s enforcement division, said the SEC would drop the “broken windows” strategy of pursuing many cases over even the smallest legal violations, and may also pull back from trying to make some companies admit to wrongdoing as a condition of settling with the SEC.”
Remember in 2013, under Mary Jo White’s leadership, the SEC announced it would make companies and individuals admit wrongdoing as a condition of settling civil charges in certain cases. Continue reading
Christiana Trust/Wilmington Savings Crash and Burn on Standing and More
“Times they are a changin’…”
This is paper laundering (same as money laundering) trying to confuse the true ownership identity, a faulty chain of title and failures to properly & physically transfer the paperwork – and in most cases, you will find Fannie or Freddie concealed in the background calling the shots as the ultimate investor.
Plaintiffs should have to sign an affidavit that this loan was a final SALE, not a pledge, nor participation in rehypothecation and that no underlying agreements have been executed in relation to this loan and other parties at any time. It should be a federal crime to conceal the true ownership of the debt or to participate in a paper laundering scheme devised to create fraud on the court.
Fannie and Freddie have allegedly sold loans in bulk to 3rd parties (likely to get the debt off their books and create an image of healthy corporations). Where are the assignments? And what are the underlying agreements? How much of the sale that the third party recovers do the GSEs collect? Is it a case of, “here’s the loan mortgage schedule – whatever you sell Fannie gets X%” and the 3rd party pays the legal fees rather than buy the loans outright for value?
Everything else they do is crooked – why would this be any different?
Deutsch Bank National Trust Company Was Crushed in Texas in 2015. Why isn’t anyone listening?
Lying lawyers?! How unusual. Judges are beginning to tune-in, maybe they feel they can now. Maybe judges don’t think foreclosure blood money should be used to prop up Obamacare either, or that Fannie & Freddie should be held in unnecessary captivity any longer.
Fact Check: Robo-witness knows nothing
Are we not yet clear on the distortion of nemo dat? Lay the ground work and pop the $11 Trillion dollar question. “Is this loan encumbered by (a GSE) either Fannie, Freddie and/or the U.S. Treasury?” None of which have appeared before the court or the homeowner in any form since the inception of the loan or their engagement in participation. Deception runs deep as the servicer has, in many cases, stated to the homeowner, “sorry, you can’t get a HAMP modification because you are not a Fannie or Freddie loan” …when in fact it is.
A securitized trust operates from the basis of an electronically transferred “mortgage loan schedule” spreadsheet in a computer file. Not a physical cardboard box of papers. The trust is not a physical store, it’s a computer file.
The attorneys filing the foreclosure for the trust are hired by the servicer(s) who work for usually Fannie or Freddie. The foreclosure attorneys know that the GSEs select and approve the attorneys the servicers hire and that they front for the GSEs. The attorneys hired by the servicer know that the GSEs are intentionally concealed. They also know there are back room rehypothecation agreements with the trusts, and they also know that the trusts may no longer exist or have been paid off.
The reason the trusts are still fronting for the GSEs and/or the Treasury is because the paperwork surrounding the loans and property titles are a mess. And because the fraud on the courts and the debt is so massive that the GSEs and Treasury don’t want the taxpayers, shareholders or Congress to get a grip on the overall debacle.
Reportedly, America has “$11 TRILLION” in MBS debt” – $5 TRILLION is said to be held by the GSEs and the rest by the Treasury. How, when the universe of mortgaged American homeownership is only about 100 million properties – much of which is in “affordable” housing, did the debt become so exorbitant? Do the math.