Precisely the point! And who is Freddie Mac? The answer: A government agency (FHFA) run corporation seized under Bush claiming false pretenses and strangled under Obama. FHFA has ZERO judicial oversight and we can all look to the Pelosi Congress for creating an agency that usurps the balance of powers that preserves our liberty.
When are we collectively going to stand up and assert these were never meant to be traditional mortgages?! These faux mortgage documents are intent to defraud the homeowners, shareholders and pension beneficiaries rather than legally inform the homeowners they were participating in a securities scheme. There are no laws governing quasi-securities transactions with no disclosure.
You gotta laugh at this. Apparently, Mr. Cohen didn’t have terribly deep conversations with Sean. And it wouldn’t be surprising if Mr. Hannity’s real estate attorney doesn’t have in-depth knowledge of the securitization scheme… because Sean’s comment, “I hate the stock market. I prefer real estate” demonstrates the naivety most of the public has about the housing market. If Hannity didn’t pay all cash and buy properties outright and perform full & detailed title search on each and every property – chances are he’s still in the stock market. That’s what mortgages are – stock/securities transactions. Not to mention the fact that half the time these banks don’t know exactly where and what they have rehypothecated. Refer to: https://deadlyclear.wordpress.com/2015/01/18/rehypothecation-distorting-legal-principles-by-risking-mortgage-loans-nemo-dat/
Fox News host who said Trump’s fixer ‘knows real estate’ has a portfolio that includes support from Department of Housing and Urban Development, a fact he did not mention when interviewing secretary Ben Carson last year
When Sean Hannity was named in court this week as a client of Donald Trump’s embattled legal fixer Michael Cohen, the Fox News host insisted their discussions had been limited to the subject of buying property.
“I’ve said many times on my radio show: I hate the stock market, I prefer real estate. Michael knows real estate,” Hannity said on television, a few hours after the dramatic hearing in Manhattan, where Cohen is under criminal investigation.
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Here’s a description of the case and Order. Good information. http://www.foreclosurehour.com/files/127657701.mp3
You can find the Order linked: http://www.foreclosurehour.com/past-broadcasts.html
How did the UNREGULATED DERIVATIVES MBS debt reach $11 TRILLION when there are only 100 million mortgaged homeowners?
By Sydney Sullivan
In a world where the American Dream and Wall Street greed collide, when your life and home are no longer your own, we must look beyond the facade of the documents and dig deeper into the public archives to seek the truth of the concealed path that is destroying our nation built on the rule of law, the slavery of the collateral consisting of people and land records so that a few may prosper while millions of others face peril. It may seem like an impossible battle – until NOW! There is one thing that they didn’t count on – knowledge and truth that will awake your hero and cause the fatal change in their course.
Rehypothecationis your sword – know it well!
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