COCHRANE ON MORTGAGE IT – REQUIRED READING

MortgageIt (don’t let the name fool you to how egregious the transactions are) and intent! Subsidiary of MortgageIt Holdings, Inc. (New York State business entities).

Notice Jurisdiction ‘Maryland’ so in Federal Reserve Report there is no ‘Mortgage It’ 12/31/2006 but there is a note below on DB Mortgage as related to closings of MortgageIT and low and behold we have a relationship:

405 —-* DB MORTGAGE INVESTMENT INC. (2691215) 273 BALTIMORE MD Domestic Entity Other

Flows to #273 – who is:

273 —* DB HOLDINGS (NEW YORK), INC. (1442737) 268 NEW YORK NY Domestic Entity

Flows to #268 – who is:

268 –* DB U.S. FINANCIAL MARKETS HOLDING CORPORATION\ (2259679)
102 NEW YORK NY Domestic Entity Other

Flows to #102 – who is:
102 -* TAUNUS CORPORATION (2816906) 1 NEW YORK NY Financial Holding Company – Domestic

Who Flows to #1 – Who is:
1 * DEUTSCHE BANK AKTIENGESELLSCHAFT (1242423) FRANKFURT GERMANY F i n a n c i a l H o ld i n g Company – Foreign

Who was in charge at that time saying ‘they did not know what the bubble was?’ Why did Greenspan exclude form his reports will be loophole and someone should identify to correct defect.

Deutsche Bank “DB” MortgageIT – halted wholesale lending

MortgageIT – consolidated with DB Home Lending, rumored to be offering agency loans only

MortgageIT – layoffs and branch closure

Deutsche Bank AG was in big hurry to blow off entity bad debt moving money and attention to: Deutsche Bank “DB” MortgageIT – halted wholesale lending (but from where?)

MortgageIT – consolidated with DB Home Lending, rumored to be offering agency loans only (11/5/2010 list update related to article and link below 2/7/21 “A List of Mortgage Closures, Mergers and Layoffs”

MortgageIT – layoffs and branch closure

MORTGAGEIT registered in NYS 2/22/1999 as
MIT DOT COM, INC. Renamed June 15, 1999, as MORTGAGEIT, INC.

NYS Business Entity registered 1999 Stock Information as follows:
# of Shares / Type of Stock / $ Value per Share
22,000,000 Par Value .01
7,500,000 Par Value .01
24,250,000 Par Value .01

———————————————————–
FEDERAL RESERVE SYSTEM
‘Follow the Money”

MORTGAGEIT CAPITAL TRUST I (3629831) NEW YORK NY Domestic Entity Other
Created 01/02/2007 – Still open 05/02/2011

MORTGAGEIT CAPITAL TRUST II (3629859) NEW YORK NY Domestic Entity Other
01/02/2007 Created and 04/30/2008 CLOSED

MORTGAGEIT CAPITAL TRUST III (3629868) NEW YORK NY Domestic Entity Other
01/02/2007 Created still open 05/02/2011

MORTGAGEIT SECURITIES CORP. (3918030) NEW YORK NY Domestic Entity Other
02/02/2007 Established
4/30/2008 Institution Closed with Federal Reserve.
Not with SECCIK 1305551 (Asset-Backed Securities) Oldest transactions 10/12/04 – 10/25/05 only PROSPECTUS’s.
IRS# 56-2483326
Doug W. Naidus CEO

10/12/2004
$10,000,000,000 100% Maximum Offering
Registration Fee $1,267,000 (paid to underwriters & Master Servicer just for publishing proposed maximum offering!)

OFFERED SECURITIES
“MortgageIt’ will establish 1 or more trusts and sell ‘mortgage pass-through certificates or mortgage-backed notes’

‘TRUST FUND’
Securities will be secured by a TRUST FUND
a segregated pool of mortgage loans
-mortgage loans servued by 1st and jr. liens on the related mortgage property;
-home equity revoling lines of credit (HELOC)
-mortgage loans little or no equity in related mortgagge property
-mortgage loans secured by ? (what)? residential
-mortgage loans secured by ? (what?) commercial
-manufactured housing conditional sales contracts and installment loan agreements – secured by what?

MORTGAGEIT acquired from one or more affiliated or unaffiliated institutions.

May include any one or any combination:
a financial guaranty insurance policy,
mortgage pool insurance policy,
letter of credit,
special hazard insurance policy, or
reserve fund,
currency or interest rate exchange agreements,
orther type of credit enhancement described in this prospectus (REDWOOD TRUST?)

In addition or in lieu of the foregoing, credit enhancment may be provided by means of subordination of one of more classes of securities by cross-collateralization or by overcollateralization.

MortgageIT Securities Corp/Mortgage Loan Trust/Series 2007-1

MortgageIT Securities Corp/Mortgage Loan Trust/Series 2007-2

MORTGAGEIT SPV HOLDINGS, INC. (3630154) NEW YORK NY Domestic Entity Other
01/02/2007 Created
12/17/2008 Institution Closed.

MORTGAGEIT, INC. (3629840) NEW YORK NY Domestic Entity Other
01/02/2007 CREATED and still open 05/02/2011.

http://www.ffiec.gov/nicpubweb/nicweb/SearchForm.aspx

MortgageIT Parents are:
Deutsche Bank Aktiengesellschaft a (Financial Holding Company – Foreign) and
TANUS Corporation a (Financial Holding Co Domestic)

MortgageIt operates under FRB ‘characteristic’
Domestic Entity Other:
Domestic institutions that engage in banking activities usually in connection with the business of banking in the United States.

Deutsche Bank AG (Foreign) & Taurus (Domestic) operate thru Federal Reserve System using characteristic since 2000 (Gramm-Leach-Bliley Act)

Please read this part slowly (Every 10 Years must sell and keep moving, moving, moving …)

Federal Reserve System ‘Characteristic’

Financial Holding Company
A financial entity engaged in a broad range of banking-related activities, created by the Gramm-Leach-Bliley Act of 1999.

These activities include: insurance underwriting, securities dealing and underwriting, financial and investment advisory services, merchant banking, issuing or selling securitized interests in bank-eligible assets, and generally engaging in any non-banking activity authorized by the Bank Holding Company Act.

The Federal Reserve Board is responsible for supervising the financial condition and activities of financial holding companies. Similarly, any non-bank commercial company that is predominantly engaged in financial activities, earning 85% or more of its gross revenues from financial services, may choose to become a financial holding company. These companies are required to sell any non-financial (commercial) businesses within ten years.

MortgageIt, Inc. New York,FRB: RSSD ID 3629840
(note did not exist in 2006 for flow of currency in that name)

Business Entity Search 2 Entities exist:
MortgageIt, Inc. 2/22/1999
Jurisdiction NY: Active

CEO Dug W. Naidus
60 Wall St
15th Floor
New York, NY 10005

Former nameMIT DOT COM, Inc. 2/22/1999
6/5/1999 changed to MORTGAGEIT, Inc.

MORTGAGEIT HOLDINGS, CIN
6/22/2004 Jurisdiction MD, County NY
Termination 10/20/2009
DOUG W. NAIDUS CEO
33 Mainden Lane
6th Floor
New York, NY 10038

(RELATED TO “MAIDEN LANE?”? for another day

Notice Jurisdiction ‘Maryland’ so in Federal Reserve Report there is no ‘Mortgage It’ 12/31/2006 but there is a note below on DB Mortgage as related to closings of MortgageIT and low and behold we have a relationship:

405 —-* DB MORTGAGE INVESTMENT INC. (2691215) 273 BALTIMORE MD Domestic Entity Other

Flows to #273 – who is:

273 —* DB HOLDINGS (NEW YORK), INC. (1442737) 268 NEW YORK NY Domestic Entity

Flows to #268 – who is:

268 –* DB U.S. FINANCIAL MARKETS HOLDING CORPORATION\ (2259679)
102 NEW YORK NY Domestic Entity Other

Flows to #102 – who is:
102 -* TAUNUS CORPORATION (2816906) 1 NEW YORK NY Financial Holding Company – Domestic

Who Flows to #1 – Who is:
1 * DEUTSCHE BANK AKTIENGESELLSCHAFT (1242423) FRANKFURT GERMANY F i n a n c i a l H o ld i n g Company – Foreign

Who was in charge at that time saying ‘they did not know what the bubble was?’ Why did Greenspan exclude form his reports will be loophole and someone should identify to correct defect.

Deutsche Bank “DB” MortgageIT – halted wholesale lending

MortgageIT – consolidated with DB Home Lending, rumored to be offering agency loans only

MortgageIT – layoffs and branch closure

Lehman passes transactions through

Have to let you know in Agreements during foreclosue that Master Servicer BUYER ‘Lehman’ and ‘entity called AURORA” passes all loans to be foreclosued thru
“National City” see 2010 list ” – ceases wholesale lending”

Report includesnfo on Aurora as what the renamed Lehman Brothers Bank FSB? that is not what Aurora Loan Financial Inc and LLC are/were.

Bloomberg TRUSTED SOURCE remember they report what they are given and print what they are given. I would guess then the companies pay a big fee to be part of BLOOMBERG so get their promotional information into the public domain. Another form of deceptive advertising and American’s feeling ‘safe’ to Mortgage It!

//Company Overview
MortgageIT, Inc., a residential mortgage banking company, provides retail, wholesale, and correspondent lending products and services in the United States. The company focuses on originating and lending residential mortgage loans in the United States. It originates residential mortgage loans of various types, including prime adjustable-rate (ARM) and fixed-rate, first-lien residential mortgage loans, sub-prime mortgage loans, home equity lines of credit, and second lien loans. The company also originates prime first lien conventional and non-conventional, conforming single-family residential mortgage loans; non-conforming first lien single-family residential mortgage loans, such as jumbo loa…

MortgageIT, Inc., a residential mortgage banking company, provides retail, wholesale, and correspondent lending products and services in the United States. The company focuses on originating and lending residential mortgage loans in the United States. It originates residential mortgage loans of various types, including prime adjustable-rate (ARM) and fixed-rate, first-lien residential mortgage loans, sub-prime mortgage loans, home equity lines of credit, and second lien loans. The company also originates prime first lien conventional and non-conventional, conforming single-family residential mortgage loans; non-conforming first lien single-family residential mortgage loans, such as jumbo loans, non-prime loans and ‘‘Alt A’’ loans, as well as home equity and second lien mortgage loans. In addition, it purchases prime first-lien closed mortgage loans from small to mid-sized banks, credit unions and mortgage bankers. MortgageIT offers its products and services through various business channels, such as retail lending, wholesale lending, correspondent lending, and title closing/settlement services. MortgageIT, Inc. was formerly known as MIT DOT COM, Inc. and changed its name to MortgageIT, Inc. in February 1999. The company was founded in 1988 and is based in New York, New York. MortgageIT, Inc. operates as a subsidiary of MortgageIT Holdings, Inc. “”

How Deceptive: FOUNDED IN 1988
33 Maiden Lane
6th and 7th Floor
New Yor 10038
212-651-7700
212-719-0933 (Fax)

GOOGLE.COM states ‘Mortgagei, Inc. is a subsidiary Company
SIC Industry “Mortgage Bankers & Brokers Revenu
Revenue: $295,000,000,000
Employees 2,328?
NAICS: Wholesale Trade Agents and Brokers (425120)

Norm Merritt President
Doug Naidus Co-Founder Chairman and Chief Executive Officer

Aurora – stopped wholesale and correspondent lending

Aurora Loan Services – 160 employees laid off

Aurora Loan Services – laid off 70 in Florida,
139 in NJ

Aurora Loan Services – cut 93 jobs in El Toro, CA
——————————————————————-
Source of MortgageIt and relationship to DB from updated 2010 list related to this article 2/7/21:
A List of Mortgage Closures, Mergers and Layoffs
21Feb07
So why are all these mortgage companies consolidating, laying off employees, sending out warnings, and going out of business?
Well, a recent statistic revealed that 2.33% of all US mortgages are currently delinquent, a number which is sure to rise. And repurchases have tripled between the first and second quarter of 2006.
Not to mention declining home values in almost every metropolitan area throughout the United States, sky-high home prices, rampant fraud, a deteriorating secondary market and unmanageable mortgage payments.
I recently began adding mortgage lenders from parts of the world other than the United States that have issued profit warnings, as well as companies that remain open but have been affected seriously by the mortgage crisis in one way or another.
According to a recent report, there were 86,126 mortgage job cuts in 2007, with another 30,000 to 40,000 expected by early 2008.
___________________________

STRANGER DANGER ALERT:
AURORA’ IS A PRETENDER LENDER. NEVER A LENDER THEY ARE SINCE 2005 A ‘LOAN MITIGATOR’ FOR LEHMAN COMMODITIES.

AUROA LOAN SERVICES

http://www.thetruthaboutmortgage.com/a-list-of-recent-mortgage-closures-mergers-and-layoffs/

For example website Foreclosue Help By Bank:
Wells Fargo, PHH MORTGAGE and PHH Bank! RBS, Quicken Loans, PNC, , US Bank NA, AmTrust Bank, FlagStar Bank, Countrywide (logo’s) ‘Ally fictitious name for GMAC Mortgage Corp the one in agreements with Wells Fargo Bank NA – Wells Fargo & Co/MN (formerly Norwest). BB&T BOA CapitalOne Bank, Chase, Citibank, Goldman, HSBC, KeyBank ING Bank, Merrill Lynch, Morgan Stanley, Option One, Regions, Sovereign, TD Bank, UBS, Union Bank, USAA

33 Responses

  1. Donaldson Lufkin & Jenrette Securities Corp
    DLJ Mortgage Capital
    Uses ‘Wells Fargo Bank NA’ PO Box 85071, San Diego CA

    Filing Agent 25,837 Filings (3/10/98 to 4/8/11)
    Norwest Asset Sec Corp Mort Ps Thr Cert Ser 1998-1 Trust of:

    CSMC Mortgage-Backed Trust 2007-5 · 10-K · For 12/31/07

    Filed On 4/15/08 4:25pm ET ·
    SEC File 333-140945-07 ·
    Accession Number 1056404-8-1198
    Registrant CSMC Mortgage-Backed Trust 2007-5
    Top of Form
    1 Closely Related:

    Office Address
    Norwest Bank Minnesota N A
    1100 Broken Land Parkway
    Columbai, Maryland 21703
    U.S.A.

    301-696-7900
    INCORPORATED New York, U.S.A.SEC CIK 1056404

    SIC Code 6189 Asset-Backed Securities (ABSs)SEC 12/20/99

    Deutsche Bank Trust Company Americas is now an affiliate of MortgageIT since
    the purchase of MortgageIT holdings, Inc.

    (“MortgageIt Holdings”), MortgageIT’s former parent company, by an affiliate of DB Structured Products, Inc.

    Deutsche Bank Trust Company Americas is now an Affiliate of Chapel Funding,
    LLC (“Chapel Funding”) since the purchase of Chapel Funding bay an affiliate
    of DB Structured Products, Inc.

    Pricewaterhouse reports:
    LaSalle Bank National Association’s (“LaSalle”)
    Report on Assessment
    of Compliance with Servicing Criteria for 2007 (reporting errors)

    R&G Mortgage Corp. and R-G Premier Bank of Puerto Rico, wholly owned subsidiaries of
    R&G Financial Corporation (together the “Company”)

    in accordance with the transaction agreements

    Commission File Number: 333-140945-07
    Issuing Entity:
    CSMC Mortgage-Backed Trust 2007-5

    As Depositor
    Credit Suisse First Boston Mortgage Securities Corp.

    As Sponsor DJL Mortgage Capital, Inc.
    Jurisdiction New York State

    IRS#’s
    54-2200307
    54-2200308
    54-2200309
    54-2200310
    54-2200311
    54-6755309

    c/o Wells Fargo Bank NA
    9062 Old Annapolis Rd
    Columbia MD 21045
    (410) 884-2000
    Securities: None

    Pooling & Servicing Agreement
    Dated 7/1/2007 (errors from 7/1/2007 – 12/31/2007) not reported until 3/31/2008 in 10K?

    Depositor
    Credit Suisse First Boston Mortgage Securities Corp DE Corp
    Seller DLJ Mortgage Capital, Inc. DE Corp
    Servicer Wells Fargo Bank, NA
    (a national banking association

    In its capacity as Servicer
    BANCO POPULAR DE PUERTO RICO “Banco Popular”
    State charter bank as Servicer and
    Backup Servicer
    Servicer Back-up Banco Popular
    Master Servicer Wells Fargo Bank, NA
    Trust Administrator Wells Fargo Bank, NA

    Company did not comply with backup servicer requirement.

    On February 14, 2008, the transaction
    agreement was replaced with a new
    transaction agreement filed with the Securities and Exchange Commission under
    Form 8-K/A on that same date.

    The new transaction agreement, requires the
    Company to provide certain periodic information about the pool assets only at
    the request of the back-up servicer.

    SERVICER:
    SELECT PORTFOLIO SERVICING, INC. (“SPS”),

    a Utah corporation, as a servicer
    (in Special Servicer SELECT PORTFOLIO SERVICING, INC Modification Oversight Agent

    SELECT PORTFOLIO SERVICING, INC
    And
    TRUSTEE
    U.S. BANK NATIONAL ASSOCIATION

    US Bank National Association, a national banking association, as trustee (the “Trustee”)

    (incorporated herein by reference from

    Exhibit 4.1 of the Current Report on Form 8-K/A of the issuing entity, as filed with the Securities and Exchange Commission on February 13, 2008 as File No. 333-140945-07, Film No. 08606774, CIK No. 0001407650).

    as Custodian
    33.2 Banco Popular de Puerto Rico
    34.2 Banco Popular de Puerto Rico
    33.3 Deutsche Bank National Trust Company
    34.3 Deutsche Bank National Trust Company
    33.4 LaSalle Bank, National
    34.4 LaSalle Bank, National Association

    as Servicer
    33.5 R & G Mortgage Corporation
    34.5 R & G Mortgage Corporation
    35.2 R & G Mortgage Corporation

    33.6 Select Portfolio Servicing, Inc.
    34.6 Select Portfolio Servicing, Inc
    35.3 Select Portfolio Servicing, Inc
    33.7 Wells Fargo Bank, N.A. as
    34.7 Wells Fargo Bank, N.A.

    Master Servicer
    33.7 Wells Fargo Bank, N.A. as
    34.7 Wells Fargo Bank, N.A.
    35.4 Wells Fargo Bank, N.A.

    Trust Administrator

    33.7 Wells Fargo Bank, N.A. as
    34.7 Wells Fargo Bank, N.A.
    35.4 Wells Fargo Bank, N.A.

    Custodian
    33.8 Wells Fargo Bank, N.A.
    34.8 Wells Fargo Bank, N.A.

    “Bruce Kaiserman”Latest Filing: 3/28/11 as Signatory

    As: Signatory (Director, Officer, Attorney, Accountant, Banker, Agent, etc.)

    PHH Mortgage Trust/Series 2008-Cim2

    1 Closely Related:

    RegistrantPossibly Inactive per 1/22/09
    Form 15

    Office Address
    11 Madison Ave
    New York, New York 10010
    U.S.A. 11 Madison Ave

    C/O Credit Suisse First Boston
    New York, New York 10010
    U.S.A.
    212-325-2000 Delaware, U.S.A.–
    SEC CIK 1440463
    SIC Code
    6189 Asset-Backed Securities (ABSs)SEC 3/24/09

    2 Affiliate Relationships (based upon SEC Files: Parents / Subs., Directors / Officers, et al.)

    Last Filing Registrant 3/28/11
    Credit Suisse First Boston Mortgage Acceptance Corp [ formerly DLJ Mortgage Acceptance Corp ]
    Registrant Formerly
    Assigned On
    DLJ Mortgage Acceptance Corp
    2/22/023/31/08
    Home Equity Mortgage Trust 2007-1

    DLJ Mortgage Acceptance Corp Mort Pass Thr Cert Ser 1995-Q6 · 424B5 · On 11/24/95
    Filed On 11/24/95 · SEC Files 33-77722, -14 · Accession Number 912057-95-10407

    This Filing’s “Filed As Of” Date was Corrected by the SEC on 4/2/04.

    Depositor:
    DLJ Mortgage Acceptance CorpTRUST FUND
    Pool conventional, adjustable-rate, fully-amortizing, 1-4 family, first lien mortgage loans to be deposited by DLJ Mortgage Acceptance Corp into TRUST FUND for benefit of Certificateholders.

    (REMIC)11/1/1995 CutOff Date.

    All Loans Originted or Acquired By:
    Quality Mortgage USA, Inc.
    SELLER:
    Quality Mortgage USA Inc.
    (sold by Seller)
    To BUYER “DLJ Capital Inc.
    Prior to date of initial issuance of Certificates

    BUYER
    DJL Mortgage Capital, Inc.
    Affiliate of Depositor.

    As Depositor
    DJL Capital Inc. acquired by form affiliate on Delivery date

    Mortgage Loans Serviced
    Temple-Inland Mortgage Corp
    Master Servicer
    Temple-Inland Mortgage Corp
    Cut-Off Date 11/1/1995
    Delivery Date On or about 11/21/1995

    Variable Strip Certificates maintained by Depository Trust Co. represented by one or more certificates registered in the name of Cede & Co.

    No person acquiring a beneficial interest in Class of DTC Registered Certificate (each, a Beneficial Owner) will be entitiled to receive a Certificate except under limited circumstances.

    DTC will effect payments to and transfer of related DTC Registered Certificates among respective Beneficial Owners by means of electronic recordkeeping services acting throu organizations that participate in DTC.

    Proceeds to the Depositor are expected to be approximately $133,013,214 plus accrued interest, before deducting issuance expenses payable by the Depositor

    Certificates
    To be offered when accepted by Underwriter…
    Donaldson Lufkin & Jenrette Securities Corp
    Same Day Funds Settlement System Of the Depository Trust Co
    Donaldson, Lufkin & Jenrette Securities Corporation, New York, New York, on
    or about November 21, 1995, against payment therefor in immediately available funds.

    Quality Mortgage USA INC

    “The Seller-Loan Delinquency,
    Forbearance, Foreclosure,
    Bankruptcy and REO Property Status”
    and, to the extent provided by
    Lomas Mortgage USA, Inc. as described herein, the information set forth herein under

    “The Seller-REO Property Liquidation Experience”) has been provided by the Seller.

    “The Seller-REO Property Liquidation Experience” has been provided
    by Lomas Mortgage USA, Inc. in its capacity as servicer during the periods indicated.

    No representation is made by the Depositor, the Underwriter, the
    Master Servicer, the Seller, the Trustee or any of their respective affiliates as to the accuracy or completeness of the information provided by Lomas Mortgage
    USA, Inc.

  2. FIFTH AMENDMENT TO FIRST AMENDED AND RESTATED WAREHOUSING CREDIT AND SECURITYAGREEMENTFIFTH AMENDMENT TO FIRST AMENDED AND RESTATED WAREHOUSING CREDIT AND SECURITYAGREEMENT (this “Amendment”) dated as of January 25, 2006, between MORTGAGEIT,INC., a New York corporation (“Borrower”), and RESIDENTIAL FUNDING CORPORATION,a Delaware corporation (“Lender”).A. Borrower and Lender have entered into a revolving mortgage warehousingfacility with a present Warehousing Commitment Amount of $650,000,000, which isevidenced by a Replacement Promissory Note dated September 20, 2005 (the”Note”), and by a First Amended and Restated Warehousing Credit and SecurityAgreement dated as of April 12, 2005 (as the same may have been and may beamended or supplemented, the “Agreement”).B. Borrower has requested that Lender increase the Warehousing Commitment Amountand amend certain other terms of the Agreement, and Lender has agreed to suchincrease and those certain other amendments, subject to the terms and conditionsof this Amendment.NOW, THEREFORE, the parties to this Amendment agree as follows:1. Subject to Borrower’s satisfaction of the conditions set forth in Section 24,the effective date of this Amendment is December 21, 2005 (“Effective Date”).2. Unless otherwise defined in this Amendment, all capitalized terms have themeanings given to those terms in the Agreement. Defined terms may be used in thesingular or the plural, as the context requires. The words “include,” “includes”and “including” are deemed to be followed by the phrase “without limitation.”Unless the context in which it is used otherwise clearly requires, the word “or”has the inclusive meaning represented by the phrase “and/or.” References toSections and Exhibits are to Sections and Exhibits of this Amendment unlessotherwise expressly provided.3. The Table of Contents and Exhibits Page to the Agreement are amended andrestated in their entirety as set forth in the Table of Contents and ExhibitsPage attached to this Amendment.4. Article 1 of the Agreement is amended and restated in its entirety as setforth in Article 1 attached to this Amendment. All references in the Agreementand other Loan Documents to Article 1 (including each and every Section inArticle 1) are deemed to refer to the new Article 1.5. Article 3 of the Agreement is amended and restated in its entirety as setforth in Article 3 attached to this Amendment. All references in the Agreementand other Loan Documents to Article 3 (including each and every Section inArticle 3) are deemed to refer to the new Article 3.6. Article 4 of the Agreement is amended and restated in its entirety as setforth in Article 4 attached to this Amendment. All references in the Agreementand other Loan Documents to Article 4 (including each and every Section inArticle 4) are deemed to refer to the new Article 4.7. Article 5 of the Agreement is amended and restated in its entirety as setforth in Article 5 attached to this Amendment. All references in the Agreement and other LoanDocuments to Article 5 (including each and every Section in Article 5) aredeemed to refer to the new Article 5.8. Article 6 of the Agreement is amended and restated in its entirety as setforth in Article 6 attached to this Amendment. All references in the Agreementand other Loan Documents to Article 6 (including each and every Section inArticle 6) are deemed to refer to the new Article 6.9. Article 7 of the Agreement is amended and restated in its entirety as setforth in Article 7 attached to this Amendment. All references in the Agreementand other Loan Documents to Article 7 (including each and every Section inArticle 7) are deemed to refer to the new Article 7.10. Article 8 of the Agreement is amended and restated in its entirety as setforth in Article 8 attached to this Amendment. All references in the Agreementand other Loan Documents to Article 8 (including each and every Section inArticle 8) are deemed to refer to the new Article 8.11. Article 10 of the Agreement is amended and restated in its entirety as setforth in Article 10 attached to this Amendment. All references in the Agreementand other Loan Documents to Article 10 (including each and every Section inArticle 10) are deemed to refer to the new Article 10.12. Article 11 of the Agreement is amended and restated in its entirety as setforth in Article 11 attached to this Amendment. All references in the Agreementand other Loan Documents to Article 11 (including each and every Section inArticle 11) are deemed to refer to the new Article 11.13. Article 12 of the Agreement is amended and restated in its entirety as setforth in Article 12 attached to this Amendment. All references in the Agreementand other Loan Documents to Article 12 (including each and every Section inArticle 12) are deemed to refer to the new Article 12.14. Exhibit A to the Agreement is amended and restated in its entirety as setforth in Exhibit A to this Amendment. All references in the Agreement and theother Loan Documents to Exhibit A are deemed to refer to the new Exhibit A.15. Exhibit E-1 to the Agreement is amended and restated in its entirety as setforth in Exhibit E-1 to this Amendment. All references in the Agreement and theother Loan Documents to Exhibit E-1 are deemed to refer to the new Exhibit E-1.16. Exhibit E-2 to the Agreement is amended and restated in its entirety as setforth in Exhibit E-2 to this Amendment. All references in the Agreement and theother Loan Documents to Exhibit E-2 are deemed to refer to the new Exhibit E-2.17. Exhibit H to the Agreement is amended and restated in its entirety as setforth in Exhibit H to this Amendment. All references in the Agreement and theother Loan Documents to Exhibit H are deemed to refer to the new Exhibit H.18. Exhibit I to the Agreement is amended and restated in its entirety as setforth in Exhibit I to this Amendment. All references in the Agreement and theother Loan Documents to Exhibit I are deemed to refer to the new Exhibit I.19. Exhibit B-SML is hereby added to the Agreement in the form attached to thisAmendment. 20. A Sublimit Promissory Note is hereby added to the Agreement inthe form attached to this Amendment.21. The Payment Option Loan Rider attached to this Amendment amends, restatesand replaces your existing Creditable Mortgage Loan Rider in its entirety andsuch amendment, restatement and replacement is effective as of the dateappearing in the preamble of such Payment Option Loan Rider (whether or not suchdate differs from the Effective Date or the date of this Amendment).22. Upon execution of this Amendment, Borrower must pay to Lender the pro rataWarehousing Commitment Fee on the increased portion of the WarehousingCommitment Amount for the time period from December 21, 2005, to December 31,2005.23. Section 7.2(a) of the Agreement requires the delivery of certain financialstatements of Borrower within specified time frames. Borrower failed to deliverthe required monthly interim financial statements for the months of June, July,September and October 2005. Failure to comply with this requirement constitutesan Event of Default pursuant to Section 10.1(b) of the Agreement.Borrower has requested that Lender waive its rights and remedies with respect tothe above-described Event of Default. Lender agrees to waive its rights andremedies with respect to the above-described Event of Default; provided,however, that this waiver is limited to the specific Event of Default describedabove and is not intended and will not be construed to be a waiver of any futureDefault or Event of Default of Section 7.2(a) of the Agreement or any existingor future Default or Event of Default under any other provision of theAgreement.BORROWER IS NOTIFIED THROUGH THIS AMENDMENT THAT LENDER REQUIRES STRICTCOMPLIANCE BY BORROWER OF ALL TERMS, CONDITIONS AND PROVISIONS OF THE AGREEMENTAND LOAN DOCUMENTS.The waiver of Lender under this Amendment may not be construed as establishing acourse of conduct on the part of Lender upon which Borrower may rely at any timein the future, and Borrower expressly waives any right to assert any claim tosuch effect at any time.24. Borrower must deliver to Lender (a) two executed copies of this Amendment,(b) the executed Sublimit Promissory Note, (c) the executed Payment Option LoanRider, (d) the Additional Commitment Fee, and (e) a $1,500 document productionfee.25. Borrower represents, warrants and agrees that (a) except as stated inSection 20 above, there exists no Default or Event of Default under the LoanDocuments, (b) the Loan Documents continue to be the legal, valid and bindingagreements and obligations of Borrower, enforceable in accordance with theirterms, as modified by this Amendment, (c) Lender is not in default under any ofthe Loan Documents and Borrower has no offset or defense to its performance orobligations under any of the Loan Documents, (d) except for changes permitted bythe terms of the Agreement, Borrower’s representations and warranties containedin the Loan Documents are true, accurate and complete in all respects as of theEffective Date and (e) there has been no material adverse change in Borrower’sfinancial condition from the date of the Agreement to the Effective Date.26. Except as expressly modified, the Agreement is unchanged and remains in fullforce and effect, and Borrower ratifies and reaffirms all of its obligationsunder the Agreement and the other Loan Documents. 27. This Amendment may be executed in any number of counterparts, each of whichwill be deemed an original, but all of which shall together constitute but oneand the same instrument.IN WITNESS WHEREOF, Borrower and Lender have caused this Amendment to be dulyexecuted on their behalf by their duly authorized officers as of the day andyear above written.MORTGAGEIT, INC.,a New York corporationBy: /s/ Robert A. GulaIts: Chief Financial OfficerRESIDENTIAL FUNDING CORPORATION,a Delaware corporationBy: /s/ Robin SwansonIts: Director TABLE OF CONTENTS1. THE CREDIT……………………………………………………1-11.1. The Warehousing Commitment……………………………………..1-11.2. Expiration of Warehousing Commitment…………………………….1-11.3. Warehousing Note/Sublimit Note………………………………….1-12. PROCEDURES FOR OBTAINING ADVANCES……………………………….2-12.1. Warehousing Advances…………………………………………..2-13. INTEREST, PRINCIPAL AND FEES……………………………………3-13.1. Interest……………………………………………………..3-13.2. Interest Limitation……………………………………………3-23.3. Principal Payments…………………………………………….3-23.4. Buydowns……………………………………………………..3-43.5. Warehousing Commitment Fees…………………………………….3-53.6. Loan Package Fees, Wire Fees and Warehousing Fees…………………3-53.7. Miscellaneous Fees and Charges………………………………….3-53.8. Overdraft Advances…………………………………………….3-63.9. Method of Making Payments………………………………………3-64. COLLATERAL……………………………………………………4-14.1. Grant of Security Interest …………………………………….4-14.2. Maintenance of Collateral Records……………………………….4-24.3. Release of Security Interest in Pledged Loans and Pledged Securities……………………………………………………4-24.4. Collection and Servicing Rights…………………………………4-34.5. Return of Collateral at End of Warehousing Commitment……………..4-44.6. Delivery of Collateral Documents………………………………..4-45. CONDITIONS PRECEDENT…………………………………………..5-15.1. Initial Advance……………………………………………….5-15.2. Each Advance………………………………………………….5-25.3. Force Majeure…………………………………………………5-36. GENERAL REPRESENTATIONS AND WARRANTIES…………………………..6-16.1. Place of Business……………………………………………..6-16.2. Organization; Good Standing; Subsidiaries………………………..6-16.3. Authorization and Enforceability………………………………..6-16.4. Authorization and Enforceability of Guaranty……………………..6-16.5. Approvals…………………………………………………….6-26.6. Financial Condition……………………………………………6-26.7. Litigation……………………………………………………6-26.8. Compliance with Laws…………………………………………..6-26.9. Regulation U………………………………………………….6-36.10. Investment Company Act…………………………………………6-36.11. Payment of Taxes………………………………………………6-36.12. Agreements……………………………………………………6-36.13. Title to Properties……………………………………………6-36.14. ERISA………………………………………………………..6-46.15. No Retiree Benefits……………………………………………6-46.16. Assumed Names…………………………………………………6-46.17. Servicing…………………………………………………….6-47. AFFIRMATIVE COVENANTS………………………………………….7-17.1. Payment of Obligations…………………………………………7-17.2. Financial Statements…………………………………………..7-1 7.3. Other Borrower Reports…………………………………………7-27.4. Maintenance of Existence; Conduct of Business…………………….7-37.5. Compliance with Applicable Laws…………………………………7-37.6. Inspection of Properties and Books; Operational Reviews……………7-37.7. Notice……………………………………………………….7-37.8. Payment of Debt, Taxes and Other Obligations……………………..7-47.9. Insurance…………………………………………………….7-47.10. Closing Instructions…………………………………………..7-47.11. Subordination of Certain Indebtedness……………………………7-57.12. Other Loan Obligations…………………………………………7-57.13. ERISA………………………………………………………..7-57.14. Use of Proceeds of Warehousing Advances………………………….7-58. NEGATIVE COVENANTS…………………………………………….8-18.1. Contingent Liabilities…………………………………………8-18.2. Pledge of Servicing Contracts…………………………………..8-18.3. Restrictions on Fundamental Changes……………………………..8-18.4. Subsidiaries………………………………………………….8-18.5. Deferral of Subordinated Debt…………………………………..8-28.6. Loss of Eligibility, Licenses or Approvals……………………….8-28.7. Accounting Changes…………………………………………….8-28.8. Minimum Tangible Net Worth……………………………………..8-28.9 Distributions to Shareholders…………………………………..8-28.10 Transactions with Affiliates……………………………………8-28.11 Leverage Ratio for Guarantor……………………………………8-28.12 Minimum Tangible Net Worth for Guarantor…………………………8-28.13 Minimum Modified Liquid Assets for Guarantor……………………..8-38.14 Operating Losses for Guarantor………………………………….8-38.15 Recourse Servicing Contracts……………………………………8-39. SPECIAL REPRESENTATIONS, WARRANTIES AND COVENANTS CONCERNING COLLATERAL……………………………………………………9-19.1. Special Representations and Warranties Concerning Eligibility as Seller of Mortgage Loans…………………………………….9-19.2. Special Representations and Warranties Concerning Warehousing Collateral……………………………………………………9-19.3. Special Affirmative Covenants Concerning Warehousing Collateral…….9-39.4. Special Negative Covenants Concerning Warehousing Collateral……….9-410. DEFAULTS; REMEDIES……………………………………………10-110.1. Events of Default…………………………………………….10-110.2. Remedies…………………………………………………….10-310.3. Application of Proceeds……………………………………….10-510.4. Lender Appointed Attorney-in-Fact………………………………10-510.5. Right of Set-Off……………………………………………..10-611. MISCELLANEOUS………………………………………………..11-111.1. Notices……………………………………………………..11-111.2. Reimbursement of Expenses; Indemnity……………………………11-111.3. Financial Information…………………………………………11-211.4. Terms Binding Upon Successors; Survival of Representations………..11-211.5. Assignment…………………………………………………..11-211.6. Amendments…………………………………………………..11-211.7. Governing Law………………………………………………..11-311.8. Participations……………………………………………….11-311.9. Relationship of the Parties……………………………………11-311.10. Severability…………………………………………………11-311.11. Consent to Credit References…………………………………..11-3 11.12. Counterparts…………………………………………………11-411.13. Headings/Captions…………………………………………….11-411.14. Entire Agreement……………………………………………..11-411.15. Consent to Jurisdiction……………………………………….11-411.16. Waiver of Jury Trial………………………………………….11-411.17. Waiver of Punitive, Consequential, Special or Indirect Damages…….11-511.18. Merger of Obligations…………………………………………11-511.19. Waiver of Events of Default Under Existing Agreement……………..11-511.20. Confidentiality………………………………………………11-512. DEFINITIONS………………………………………………….12-112.1. Defined Terms………………………………………………..12-112.2. Other Definitional Provisions; Terms of Construction…………….12-12EXHIBITSExhibit A Request for Advance Against Eligible LoansExhibit B Procedures and Documentation for Warehousing Mortgage LoansExhibit B-SML Procedures and Documentation for Warehousing Seasoned Mortgage LoansExhibit C Schedule of Servicing PortfolioExhibit D SubsidiariesExhibit E-1 Compliance Certificate (Borrower)Exhibit E-2 Compliance Certificate (Guarantor)Exhibit F Schedule of Lines of CreditExhibit G Assumed NamesExhibit H Eligible Loans and Other AssetsExhibit I Schedule of Miscellaneous FeesExhibit J Commitment Summary Report FIRST AMENDED AND RESTATED WAREHOUSING CREDIT AND SECURITY AGREEMENTFIRST AMENDED AND RESTATED WAREHOUSING CREDIT AND SECURITY AGREEMENT, dated asof April 12, 2005 between MORTGAGEIT, INC., a New York corporation (“Borrower”),and RESIDENTIAL FUNDING CORPORATION, a Delaware corporation (“Lender”).A. Borrower and Lender desire to amend and restate the Existing Agreement(defined below) and to set forth herein the terms and conditions upon whichLender will continue to provide financing to Borrower.B. Subject to Borrower’s satisfaction of the conditions set forth in Article 5,the “Closing Date” for the transactions contemplated by this Agreement is thedate set forth as the Closing Date on the signature page to this Agreement.NOW, THEREFORE, the parties to this Agreement agree as follows:1. THE CREDIT1.1. THE WAREHOUSING COMMITMENTOn the terms and subject to the conditions and limitations of this Agreement,including Exhibit H, Lender agrees to make Warehousing Advances to Borrower fromthe Closing Date to the Business Day immediately preceding the WarehousingMaturity Date, during which period Borrower may borrow, repay and reborrow inaccordance with the provisions of this Agreement. Lender has no obligation tomake Warehousing Advances in an aggregate amount outstanding at any time inexcess of the lesser of (a) the Warehousing Commitment Amount, or (b) theAggregate Warehousing Collateral Value. While a Default or Event of Defaultexists, Lender may refuse to make any additional Warehousing Advances toBorrower. Effective as of the Closing Date, all outstanding loans made under theExisting Agreement are deemed to be the initial Warehousing Advances made underthis Agreement. All Warehousing Advances under this Agreement constitute asingle indebtedness, and all of the Collateral is security for the Notes and forthe performance of all of the Obligations.1.2. EXPIRATION OF WAREHOUSING COMMITMENTThe Warehousing Commitment expires on the earlier of (“Warehousing MaturityDate”): (a) June 30, 2006, as such date may be extended in writing by Lender, inits sole discretion, on which date the Warehousing Commitment will expire of itsown term and the Warehousing Advances will become due and payable without thenecessity of Notice or action by Lender; and (b) the date the WarehousingCommitment is terminated and the Warehousing Advances become due and payableunder Section 10.2.1.3. WAREHOUSING NOTE/SUBLIMIT NOTEWarehousing Advances, other than Warehousing Advances made against SeasonedMortgage Loans, are evidenced by Borrower’s promissory note, payable to Lenderon the form prescribed by Lender (“Warehousing Note”). Warehousing Advances madeagainst Seasoned Mortgage Loans are evidenced by Borrower’s sublimit promissorynote, payable to Lender on the form prescribed by Lender (“Sublimit Note”).Warehousing Note and Sublimit Note are collectively referred to as, “Notes.” Theterms “Warehousing Note” and “Sublimit Note” as used in this Agreement includesall amendments, restatements, renewals or replacements of the originalWarehousing Note and Sublimit Note and all substitutions for them. All terms andprovisions of the Warehousing Note and the Sublimit Note are incorporated intothis Agreement.END OF ARTICLE 1 3. INTEREST, PRINCIPAL AND FEES3.1. INTEREST3.1 (a) Except as otherwise provided in this Section, Borrower must pay intereston the unpaid amount of each Warehousing Advance from the date the WarehousingAdvance is made until it is paid in full at the Interest Rate specified inExhibit H.3.1 (b) As long as no Default or Event of Default exists, Borrower is entitledto receive a benefit in the form of an “Earnings Credit” on the portion of theEligible Balances maintained in time deposit accounts with a Designated Bank,and Borrower is entitled to receive a benefit in the form of an “EarningsAllowance” on the portion of the Eligible Balances maintained in demand depositaccounts with a Designated Bank. Any Earnings Allowance will be used first andany Earnings Credit will be used second as a credit against Miscellaneous Feesand Charges (including Designated Bank Charges), Warehousing Commitment Fees,Loan Package Fees, Wire Fees, Warehousing Fees and any other fees payable underthis Agreement, and may be used, at Lender’s option, to reduce accrued interest.Any Earnings Allowance not used during the month in which the benefit wasreceived will be accumulated and must be used within 6 months of the month inwhich the benefit was received. As long as no Default or Event of Defaultexists, any Earnings Credit not used during the month in which the benefit wasreceived will be used to provide a cash benefit to Borrower. Any Earnings Creditretained by Lender as a result of a Default or Event of Default will be appliedto the payment of Borrower’s Obligations in the order Lender determines in itssole discretion. The Earnings Credit and the Earnings Allowance for any monthwill be determined by Lender in its sole discretion and Lender’s determinationof those amounts is conclusive and binding absent manifest error. In no eventwill the benefit received by Borrower under this Section exceed the DepositoryBenefit.Either party to this Agreement may terminate the benefits provided for in thisSection effective immediately upon Notice to the other party, if the terminatingparty determines (which determination is conclusive and binding on the otherparty, absent manifest error) at any time that any applicable law, rule,regulation, order or decree or any interpretation or administration of such law,rule, regulation, order or decree by any governmental authority charged with itsinterpretation or administration, or compliance by such party with any requestor directive (whether or not having the force of law) of any such authority,makes it unlawful or impossible for the party sending the Notice to continue tooffer or receive the benefits provided for in this Section. No Notice isrequired to terminate the benefit provided for in this Section as a result of aDefault or Event of Default.3.1 (c) Lender computes interest on the basis of the actual number of days ineach month and a year of 360 days. Borrower must pay interest monthly inarrears, not later than 9 days after the date of Lender’s invoice or, ifapplicable, 2 days after the date of Lender’s account analysis statement,commencing with the first month following the Closing Date and on theWarehousing Maturity Date.3.1 (d) If, for any reason Borrower repays a Warehousing Advance on the same daythat it was made by Lender, Borrower must pay Lender an administrative fee equalto 1 day of interest on that Warehousing Advance at the Interest Rate that wouldotherwise have been applicable under Exhibit H. Borrower must pay alladministrative fees within 9 days after the date of Lender’s invoice or, ifapplicable, within 2 days after the date of Lender’s account analysis statement.3.1 (e) After an Event of Default occurs and upon Notice to Borrower by Lender,the unpaid amount of each Warehousing Advance will bear interest at the DefaultRate until paid in full.3.1 (f) Lender will adjust the rates of interest provided for in this Agreementas of the effective date of each change in the applicable index. Lender’sdetermination of such rates of interest as of any date of determination isconclusive and binding, absent manifest error.3.2. INTEREST LIMITATIONLender does not intend, by reason of this Agreement, the Notes or any other LoanDocument, to receive interest in excess of the amount permitted by applicable law. If Lenderreceives any interest in excess of the amount permitted by applicable law,whether by reason of acceleration of the maturity of this Agreement, the Notesor otherwise, Lender will apply the excess to the unpaid principal balance ofthe Warehousing Advances and not to the payment of interest. If all WarehousingAdvances have been paid in full and the Warehousing Commitment has expired orhas been terminated, Lender will remit any excess to Borrower. This Sectioncontrols every other provision of all agreements between Borrower and Lender andis binding upon and available to any subsequent holder of the Notes.3.3. PRINCIPAL PAYMENTS3.3 (a) Borrower must pay Lender the outstanding principal amount of allWarehousing Advances on the Warehousing Maturity Date.3.3 (b) Except as otherwise provided in Section 3.1, Borrower may prepay anyportion of the Warehousing Advances without premium or penalty at any timepursuant to Section 3.4 or Section 4.3(d). If at any time the WarehousingAdvances outstanding under this Agreement exceed the lesser of (i) theWarehousing Commitment Amount or (ii) the Aggregate Warehousing CollateralValue, Borrower must immediately pay to Lender without the necessity of priordemand or Notice from Lender, and Borrower authorizes Lender to cause theFunding Bank to charge Borrower’s Operating Account for, the amount of suchexcess.3.3 (c) Borrower must pay to Lender, without the necessity of prior demand orNotice from Lender, and Borrower authorizes Lender to cause the Funding Bank tocharge Borrower’s Operating Account for, the amount of any outstandingWarehousing Advance against a specific Pledged Asset upon the earliestoccurrence of any of the following events:(1) One (1) Business Day elapses from the date a Warehousing Advance was made ifthe Pledged Loan to be funded by that Warehousing Advance has not closed andfunded.(2) Ten (10) Business Days elapse without the return of a Collateral Documentdelivered by Lender to Borrower under a Trust Receipt for correction orcompletion.(3) On the date on which a Pledged Loan is determined to have been originatedbased on untrue, incomplete or inaccurate information or otherwise to be subjectto fraud, whether or not Borrower had knowledge of the misrepresentation,incomplete or inaccurate information or fraud, or on the date on which Borrowerknows, or has reason to know, or receives Notice from Lender, that (A) one ormore of the representations and warranties set forth in Article 9 wereinaccurate or incomplete in any material respect on any date when made or deemedmade or became inaccurate or incomplete after any such date with respect to suchPledged Loan or (B) Borrower has failed to perform or comply with any covenant,term or condition set forth in Article 9 with respect to such P …

  3. Since the US Government (private agencies) harmed the economy, trying snipets to understand

    Federal Reserve is independent within government in that “its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government.”

    However, its authority is derived from the U.S. Congress and is subject to congressional oversight.

    Additionally, the members of the Board of Governors, including its chairman and vice-chairman, are chosen by the President and confirmed by Congress.

    The government also exercises some control over the Federal Reserve by appointing and setting the salaries of the system’s highest-level employees. Thus the Federal Reserve has both private and public aspects.

    The U.S. Government receives all of the system’s annual profits, after a statutory dividend of 6% on member banks’ capital investment is paid, and an account surplus is maintained. In 2010, the Federal Reserve made a profit of $82 billion and transferred $79 billion to the U.S. Treasury.

    Appelbaum, Binyamin (March 22, 2011). “Fed Had Profit From Investments of $82 Billion Last Year”. The New York Times. http://www.nytimes.com/2011/03/23/business/economy/23fed.html?_r=1&ref=business. Retrieved March 22, 2011.

    Here is Federal Reserve System Domestic Entity Other.
    FRB ACAP REPO
    33 Liberty St
    New York NY US 10045 RSSD ID 3399675
    Domestic Entity Other 7/15/2002 Created.
    Find no parent, just a charter for Domestic Entity Other

    Domestic institutions that engage in banking activities usually in connection with the business of banking in the United States

    Federal Reserve Board
    Automated Claim Adjustment Process
    REPO Close Reversal Service

    Make collateralized loans to primary dealers.

    REPO temporialy adds reserve balances to banking system

    In a REPO dealers bid on borrowing money verus varous type of collateral.

    Is this going to help me win my case? No. It’s going to make me smarter than a fifth grader.

  4. It’s not that our rights are worthless. They took advantage that we were ignorant. We are not stupid! We are a resiliant body of consumers who can win!

    Yes, we can win through due process of law, and be protected from unlawful seizure of property.

    The Federal Republic is still alive. There are more good people than bad.

    Sadly there are a lot of people who made money in real estate as part of their business. The top employer in 2005 for people who got buy-outs was realestate and they all are harmed too!

    Want to find the culprits who benefitted. Look around. WHo is not hurt?

  5. Thank you Mary for looking into AHM

    Looking at SEC Info AHM Invest. Corp. Ex. 10.1 Asset Purchase Agreement 2007 – the agreement between AHM and W.L. Ross and Co.

    It states: “Mortgage Loan Documents” means, for each Mortgage Loan, ALL documents
    pertaining to such Mortgage Loan, including the Mortgage Note, the mortgage or
    deed of trust and all assignments of the mortgage or deed of trust, all
    endorsements and allonges to the Mortgage Note, the title insurance policy with
    all endorsements thereto, any security agreement and financing statements, any
    account agreements, and any assignments, assumptions, modifications,
    continuations or amendments to any of the foregoing.”

    I requested docs pertaining to financing under Homeowner Mortgage Disclosure

    They wrote back its their right not to disclose. What rights? I don’t know.

    They wrote they are not affiliated with the loan originator.

    AMERICAN HOME MORTGAGE INVESTMENT CORP. 12/31/06 Ex.21.1

    LIST OF SUBSIDIARIES
    AHM Financial
    AHM Mortgage
    American Brokers Conduit–MY LOAN ORIGINATOR
    American Home Mortgage
    American Home Mortgage of New York
    ……..lots more in the list

    They know are rights as individuals are worthless.

    Agree, there’s a lot more going on with these REIT’s and Domestic Entity Others

  6. Information from SEC, Google, FFIEC, Secretary of State. Information shared that reveals how businesses appear to operate so consumers can understand there is not one Lender, one Servicer, and one Loan Trust, rather whoever you purchased a mortgage product in the public domain, is in business and agreements with manufacturers, distributors, brokers, dealers, agents, attorney’s, private funding, public companies.

    Definition of AHMH:
    “Correspondent/Broker Agreement” means any agreement between the
    Company or any Subsidiary, on the one hand, and a broker, correspondent or other
    originator or purchaser of mortgage loans, on the other hand, pursuant to which
    such broker, correspondent or mortgage loan originator or purchaser may sell
    mortgage loans to the Company or its Subsidiary
    or deliver mortgage loan
    applications to the Company or its Subsidiary.”

    The lawful custodian is important see Section 4.11
    SECTION 4.11. Custodial Accounts.

    (a) The Company and its Subsidiaries have full power and authority
    to establish and, to the extent applicable, maintain escrow accounts (“Custodial
    Accounts”) for the Mortgage Loans and are the lawful fiduciaries of all
    Custodial Accounts related to the Mortgage Loans.
    “Custodial Accounts” has the meaning specified in Section 4.11(a).

    Annomyous question related to ‘Colonial’ and Servicing and bank could have been a simple one line answer 2001 Colonial National Real Estate Finance a Domestic Entity. That data element is meaningless to a consumer who is trying to understand how the US Goverment allowed the economy to be harmed, third element of our national security. Therefore inquiring minds do want to know ‘snipets’. The world is not flat! Christopher Columbus remember its round and four dimensional and so is commerce.

    Important to know how the foreign organizations do business inside the USA using private brand labels, pieces of companies, an old bank charter alike a trade name, used to affix ‘national banking association’ onto any substitute trustee affiliate the SERVICER wants to send into Court and with intent to take property by deception, allows third party to use confusing terms they defined in SEC agreement but are not legal lawful terms outside the context of said SEC Agreement.

    And so I hope you found the resouces to provide valuable information that you too can find and read full comprehensive documentation.

    Who is ‘servicing’ as related to Columbia National… with the limited information available, and of the 10 ‘Real Estate Finance’ hits, perplexing there is only the ‘one’ Columbia National entity as of 2001. Cannot connect the Federal Reserve System information.

    As to the ‘Servicer’ referenced in American Home Mortgage’s update links lead to:

    Columbia National
    Loan Servicing
    Columbia Office
    10270 Old Columbia Road, Suite 600 Columbia, MD 21046
    410-381-2400

    As related to information inside SECINFO.COM
    ‘American Home Mortgage Holdings Inc. qcquired Columbia National, Incorporated a Maryland Corporation 6/13/2002. Prior to the acquistion Columbia reported to be an independent LENDER.
    Columbia reported to engage in origination, sale and servicing of residential first mortgage…
    the Loan Servicing Segment was immaterial prior to acquistion of Columbia June 2002. Therefore results are included in Loan Production Segment results.

    To originate a mortgage loan, AHMH draws against a pre-purchase warehouse facility with UBS Paine Webber, a bank syndicated facility led by Residential Funding Corp, CDC IXIS Capital Markets North America Inc, Morgan Stanley Bank, and Credit Lyonnais.

    STOCK PURCHASE AGREEMENT

    dated as of June 13, 2002

    among

    COLUMBIA NATIONAL HOLDINGS, INC., DE

    COLUMBIA NATIONAL, INCORPORATED

    and

    AMERICAN HOME MORTGAGE HOLDINGS, INC.

    These warehouse facilities are secured by mortgages owned by AHMH and certain other assets.

    Under the company’s Warehouse Facilities, AHMH cannot finance a mortgage loan:

    if rejected as ‘unsatisfactory for purchse’ by ULTIMATE INVESTORS and exceeded its permissible 120-day warehouse period;

    if AHMH fails to deliver applicable mortgage note or other documents evidencing loan within the time period;

    underlying property that secures the loan has sustanied a casualty loss in excess of 5% of tis appraised value;

    or loan ceases to be an eligible loan as determined pursuant to applicabel warehousing agreement.

    In additional to Paine Webber, CDC, RFC, Morgan Stanley and Credit Lyonnais warehouse facilities, AHMH has purchase and sale agreements with Paine Webber, Greenwich Capital Financial Products, Inc, and Fannie Mae and allow AHMH to accelerate more-effective use of Warehouse facilitiy.

    AHMH makes certain representations and warranties under the purchse and sale agreements regarding:
    compliance with laws and regulations;
    conformity with ultimate investors’ underwriting standards;
    accuracy of information.

    In the event of breach of representations and warranties eraly payment default, AHMH may be required to REPURCHASE the loans, indemnify investor for damages caused by breach. (Who is INVESTOR? the procurement of credit enhancement like Redwood Trust Inc, private funding, Class A securities?

    AHMH has been required to repurchase loans it sold from time to time.

    Liability for fair value of obligation is immaterial.

    AHMH has term loan facility with a bank syndicate led by RFC, company uses to finance its mortgage servicing rights.

    Term loan facility expires 5/28/04.

    American Home Mortgage Holdings acquired First Home Mortgage Corp 1/30/2000.

    Plan of Merger 7/12/2003
    American Home Mortgage Investment Corp (formerly AHM New Holdco, Inc.) and Apex Mortgage Capital Inc.

    9/11/2003 Plan of Reorganization

    AGREEMENT AND PLAN OF MERGER

    Dated as of July 12, 2003

    by and among

    AMERICAN HOME MORTGAGE HOLDINGS, INC.,
    a Delaware corporation

    AHM NEW HOLDCO, INC.,
    a Maryland corporation

    and

    APEX MORTGAGE CAPITAL, INC.,
    a Maryland corporation

    11/14/03 10Q – Columbia National, Inc. is a subsidiary along with American Home Mortgage Corp.

    I share the 10 hits for ‘real estate finance’ from Federal Reserve System:

    ABACUS REAL ESTATE FINANCE CO. (1300042) CHICAGO IL Domestic Entity Other 6/28/1990

    ASSOCIATED PACIFIC REAL ESTATE FINANCE (1296985) WASHINGTON DC Domestic Entity Other 12/30/1975

    BARCLAYS CAPITAL REAL ESTATE FINANCE INC. (3280634) NEW YORK NY Domestic Entity Other
    No date

    CITIGROUP REAL ESTATE FINANCE ASIA (3143793) TOKYO JAPAN International Nonbank Sub of Domestic Entities 9/20/2007

    COLUMBIA NATIONAL REAL ESTATE FINANCE, LLC (3009004) COLUMBIA MD Domestic Entity Other No Date

    COUNTRYWIDE COMMERCIAL REAL ESTATE FINANCE, INC. (3267484) CALABASAS CA Domestic Entity Other

    HILLIARD LYONS REAL ESTATE FINANCE, INC. (2782551) LOUISVILLE KY Domestic Entity Other

    JOHN HANCOCK REAL ESTATE FINANCE INC. (3286672) BOSTON MA Domestic Entity Other

    RBC REAL ESTATE FINANCE INC. (3755589) HOUSTON TX Domestic Entity Other

    REPUBLIC BANK REAL ESTATE FINANCE, LLC (3101186)

    There is no Rouse Real Estate Finance.

    The Federal Reserve System as
    Columbia National Real Estate Finance LLC
    7142 Columbia Gateway Dr
    Columbia MD US 21046
    RSSD ID 3009004
    Domestic Entity Other
    3/2/2001.

    Achieving Success

    After nearly 70 years of dedication to our clients’ complete success, we’ve established long-term relationships with lenders, developers and investors alike. They continue to rely on Columbia National for innovative financial solutions for their commercial real estate ventures, just as they’ve come to expect our superior advisory and customer support throughout the process.

    I am not a lawyer and I do not know law and even if I think I do I don’t. I am a researcher finding ‘loopholes’ used by foreing organizations who harmed the economy and wonder if the same loopholes exist. As a consumer of an inferior class, targetted by the foreign organizations, and least protected by Congress, I seek to learn and get educated. I do hope Mr. Soliman will share not how he participated as COO but use his valuable information to save his country.

  7. American Home Mortgage Holdings Inc. of Melville NY purchasing Columbia National Inc. 57 Branches ( Maryland, Virgina, New Jersey and Illinois). Originally part of Rouse Co, Rouse Real Estate Finance acquired by PaineWebber in 1984. Repurchased by Columbia National management 1993 and renamed Columbia National.

    The Rouse Company,
    10275 Little Patuxent Parkway
    a Maryland corporation,
    formed in 1963.

    Built a new city. Land acquistion – Connecticut General Life Insurance, Chase Manhattan Bank, Teachers Insurance and Annuity of America joined other investors. 1970 Two additional Lenders Joined: Morgan Guaranty and Manufacturers Hanover Trust Companies.

    Rouse Co acquired 1985 Connecticut General’s (CIGNA’s) interest making it a wholly-owned subsidiary.

    SEC: 1996 ROUSE Co
    “Underwriting Agreement EX-1”
    Preferred Stock
    $50,000,000 deposit with a bank or trust company (which may be an affiliate of the Corporation) that has an office in theBorough of Manhattan, City of New York, or in Baltimore, Maryland) that has or is an affiliate of a bank or trust company that has, a capital and surplus of at least $50,000,000 common stock and any cash necessary for such redemption, in trsut, with irrevocable instructions…

    /s/ Bruce I. Rothschild
    VP, General Counsel and Secretary

    /s/ Anthony W. Deering
    President & CEO

    In January 1998, Rouse officially became a Real Estate Investment Trust, or REIT.

    REITs were exempt from federal income tax if they funneled all their profits into stockholder dividends, they proved exceptionally popular among investors, and generally enjoyed share values roughly double those of standard companies.

    Although Rouse had initially resisted becoming a REIT, primarily because of restrictions imposed on REITs by tax regulations, in the end the company determined that raising its market value was the key to long-term growth.

    Ultimately, the strategy did result in a major boost to the company’s stock. By April 1998, its share price rose to $32; in February 2004, the value exceed $50 a share.

    Columbia National Real Estate Finance is a member of REFA (Real Estate Finance Alliance), a national affiliation of independent commercial mortgage bankers. REFA members are companies like Columbia National– leaders in major real estate markets across the country

    Read more: http://www.answers.com/topic/the-rouse-company#ixzz1LXUoRmnGfrom Maryland, Virginia, New Jersey and Illinois.

    Columbia National serves as correspondent for the major life insurance companies from around the country.

    Columbia National is a correspondent for the following institutions:

    Aegon USA Realty Advisors
    Genworth Financial
    Allstate Life Insurance Company
    Thrivent Financial for Lutherans
    AIG J.P. Morgan
    American Express Financial Corp.
    Natixis (formerly IXIS)
    One America Nationwide Insurance
    Assurant State Farm Life Insurance Co.
    National Cooperative Bank
    Sun Life of Canada
    CIGNA Teachers Insurance & Annuity
    Freddie Mac
    United Farm Bureau Family Life
    UNUM / Provident
    GNMA / HUD
    Credit Suisse/Column Financial Morgan Stanley Mortgage Capital
    Goldman Sachs National Life of Vermont/Life of the Southwest

    The vast resources and experience, which Columbia National can access through its own professional and lender base, are unparalleled in our industry.

    Fact of the matter, Rouse Real Estate Finance acquired by Paine Webber Group in 1984, repurchased by company management in 1993 and renamed Columbia National.

    ROUSE CO.
    10275 LITTLE PATUXENT
    COLUMBIA, MD, UNITED STATES 21044
    Domestic Entity Other
    RSSD ID: 1037928
    10/2/1982 as of 12/10/2010 (1) Institution Found.

    No parent and no relatives connected in FFIEC.GOV.

    There are two entities in SEC:

    Rouse Company ‘RSE’ SEC#85388
    Registrant Filing 2/11/94 with last 4/18/2006.

    Rouse Co. LP Filing 9/2/10 Last 11/8/10

    Signatory, the ROUSE Company for 2 Registrants:
    Rouse Capital and Rouse Company:

    Filing Agent & a few of the relationships:

    Fried Frank Harris Shriver & Jacobson/NY Filing Agent: One New York Plaza, NY 10004. NO IRS#
    212-820-8179

    They are the Filing Agent for 830 Registrants including

    Lehman Brothers Holdings LLC / Bond Investors -SEC CIK#1129073 – IRS# 52-2250175 DE Corp

    (American Retirement Corp Issuer SC-13G)
    Joseph J. Flannery
    (31 Registrants)
    including Wyndham International, Starwood,
    Interstate Hotels, Lehman …

    and

    Barrett DiPaolo
    Signatory GLG Partners/Inc

    formerly Freedom Acquistion Holdings Inc,
    LB/HRC Bond Investors LLC, Lehman Brothers
    Holdings Inc.; LB Bond Invesors LLC, owned by:
    PAMI LLC a wholly-owned by
    Property Asset Management, Inc., is 99.75%
    owned by Lehman ALI Inc. and Lehman ALI Inc is
    wholly owned by
    Lehman Brothers Holdings, Inc.
    Lehman ALI Inc.
    Goldman Sachs Hedge Fund Partners LLC
    Goldman Sachs Group and Private Eqity Partners
    CountryWide Funding Corp
    Countrywide Credit Industricts Inc
    Countrywide FInancial Corp
    Countrywide Capital I
    Sutton Holding Corp….

    November 2005, Chicago-based General Growty Properteis, Inc acquired the Rouse Company development activiites in Columjbia.

    Filing Agent:
    Fried Frank Harris Shriver & Jacobson/DC/FA
    1001 Pennsylvania Ave NW Suite 800
    Washington DC 20004-2505
    IRS# NONE
    202-639-7000
    Rouse Capital (same address as above)
    NO IRS#
    SEC CIK# 1002148 (410-992-6000)
    SYmbol RSEpZ
    11/13/95 S-3/A
    —————————————————-

    REVERSE REPURCHASE AGREEMENT COUNTERPARTIES (5)

    ABN AMRO Bank N.V.
    ABN AMRO Inc.
    Bear Stearns and Company Inc.
    Chase Manhattan Bank
    Credit Suisse First Boston
    Deutsche Bank AG
    Deutsche Bank Securities
    Donaldson, Lufkin, & Jenrette, Inc.
    Goldman Sachs Asia Limited
    Goldman Sachs & Co.
    Goldman Sachs International Limited
    Lehman Brothers Inc.
    Lehman Brothers Holdings International
    Merrill Lynch (Asia Pacific) Limited
    Merrill Lynch Government Securities Inc.
    Merrill Lynch International Limited
    Merrill Lynch Pierce, Fenner, and Smith
    Morgan Stanley Asia Limited
    Morgan Stanley & Co. Inc.
    Morgan Stanley International Limited
    Paine Webber Group Inc.
    Paine Webber International (UK) Ltd.
    Paine Webber Intl. (Asia) Limited
    Salomon Smith Barney Hong Kong Limited
    Salomon Smith Barney Inc.
    Salomon Smith Barney Intl. Ltd. (London)

    (4) Subject to change on notice by the Bank, except that the Customer may direct the Bank in writing not to enter into Cash Instrument transactions with specified counterparties.

    (5) Securities purchased under reverse repurchase agreements may be held
    with other custodial banks under tri-party arrangements.

    Global Custody Agreement – U.S. Law
    May 2000 version (very interesting posted in DTC)

  8. ANONYMOUS:

    Do you think it wise to send a letter to the Deutsche Bank address I have in Santa Ana, CA, asking for documentation stating whether or not my property is listed in a particular securitization trust? I have read that sometimes it’s an “empty pool”…does that make sense?

  9. Mary_Cochrane@saveamericaone.com,

    Do you know what “Columbia” bank is being referred to in the “loan servicing” agreement below??

    carie

    Agree.

  10. Sociopathic materialists…

  11. A culture of sociopaths…scary…

  12. anonymous,

    You ask “how did we let this happen?”

    It happened because WAY too many people “in control” have absolutely NO moral compass…hell, they don’t even know what that MEANS…

  13. Inquiring minds want to know how American Home operates: Agreements are perpetual unless terminated.

    1999: First Union National Bank;
    $40 Million warehouse facility with
    secured by mortgages originated & certain othe rassets. In negotation to replace this facility with a new $60Million Warehouse Facility.
    In 2002, the three institutions that bought the most loans from theCompany were Wells Fargo Funding 51%, Countrywide Financial Corporation 18% and Fannie Mae 11%, respectively, of the Company’s total loan sales.

    Generally, the Company sells the servicing rights to its loans at
    the time it sells those loans. The prices at which the Company is able to sell
    its mortgage servicing rights vary

    Recently, the Company has begun to retain the servicing rights on a portion of
    its loan production. When the Company retains servicing rights, it earns an
    annual servicing fee.

    LOAN SERVICING SEGMENT

    The Company acquired a $8.5 billion servicing portfolio in
    connection with the acquisition of Columbia. Prior to the acquisition, Columbia
    serviced on a non-recourse basis substantially all of the mortgage loans that it
    originated pursuant to contracts with Fannie Mae, Ginnie Mae and Freddie Mac.
    Currently, the Company sells the majority of its loans on a serviced-released
    basis, retaining servicing on certain Fannie Mae and Freddie Mac loans.
    Servicing mortgage loans includes collecting and remitting loan payments,
    responding to borrower inquires, making property protection and principal and
    interest advances when required, accounting for principal and interest, holding
    custodial (impound) funds for payment of property taxes and hazard insurance,
    making physical inspections of the property, counseling delinquent mortgagors,
    supervising foreclosures and property dispositions in the event of unremedied
    defaults and generally administering the loans. The Company receives an annual
    fee for servicing mortgage loans, ranging generally from 1/4% to 1/2% of the
    declining principal balances of the loans. The Company also realizes other
    revenues generated from its loan servicing activities, such as late charges.
    Additionally, the Company benefits from administering custodial balances through
    a reduction in the interest rate paid on warehouse borrowings.

    Purchase and sales agreements with Fannie Mae, Greenwich Capital Financial Products, inc, Prudential Securities Funding Corp and Paine Webber Real Estate Securities Inc.

    • Realtor Joint Ventures. The Company uses joint ventures with mid-size real estate brokerage firms to expand distribution of its mortgage offerings. Typically, the Company and its joint venture partners each have a 50% interest in the venture. Each venture makes loans, retaining the application and processing fees, points and discounts earned in connection with the mortgages it originates. The venture then sells the mortgage loans to the Company, which in turn resells the loans to institutional buyers.

    Obtain commitments from ultimate buyer to purchase loan.

    Loans sold together with commitment from the end investor to one of the four institutions above who take responsibility for consumating the financial transactions, accelerating sale & more effective use of warehousing facility.

    “Affiliate” shall mean, with respect to another entity, an entity that directly or indirectly controls or is controlled by, or is under the direct or
    indirect control of the same person as, such other entity.

    (3) Divisions:

    Wholesale division actively solicits referrals of borrowers from this network of independent mortgage brokers.

    We generally sell our loans within 30 days after funding. We use hedging and other strategies to minimize our exposure.

    We fund substantially all of our loans through our two warehouse facilities and under a loan purchase and sale agreements with one institutional investor.

    Our financing facilities require us to observe financial and other covenants. If we default on our covenants and are unable to access funds under any of these arrangement, then we will have to reduce our mortgage originations, which would reduce our revenues. (…strategic acquisitions of mortgage lenders and other mortgage-banking related companies..).

    We depend upon our loan originators to generate customers by, among other things, developing relationships with consumers, real estate agents and brokers, builders, corporations and others.

    We sell the loans we originate, and the related servicing rights to institutional buyers rather than hold the loans for investment.
    Exclusive relationship with Real Estate Village, online marketplace of realtors and real estate related services, we originate mortgage loans trough the following:
    Microsoft Home Advisor;
    Get Smart;
    LendingTree;
    Consumer Financial Network;
    RealEstate.com and
    LoanWeb.

    Retail Division over 80% of mortgage loans we originate made thru this division.
    Joint Ventures with Realtors. Wholesale division accounts for 19%-16.8% of the mortgage loans, makes loans through a network of independent mortgage brokers. Internet Origination Channel: Form exclusive participating relationships with additional Web sites. Open third internet call center.

    Qualify to offer mortgage loans through the Internet in the remaining 15 states in which we are not yet qualified. Launch enhancement to web site to allow applicant to apply, lock-in a rate and receive a commitment, all during one continuous online session.

  14. tnharry…
    thanks for the heads up .. but.. maybe the msm media would be more to you liking ?
    last i checked the info in Mary’s post IS the reason we frequent LL..
    the name shifting enterprises poses the pertinent question why????????
    thanks Mary

  15. Heck. I should of just printed this and brought it to the judge. They already had lawsuits filed against my lender with employee confessions while I was outside mowing the lawn.

    120. According to Confidential Witness 33, a former Senior Underwriter at AHM,
    underwriters’ objections to loans were frequently vetoed. Confidential Witness 33 stated that
    underwriters would “say[] ‘no way’ on a lot of things, ‘I would never give a borrower a loan like
    this,’” but the loans would be approved nonetheless. According to Confidential Witness 33,
    loans would be approved over the underwriter’s objection if he refused to put his name on a loan.
    “It happened more than it should have.”

    http://securities.stanford.edu/1037/AHM_01/200863_r01c_0701898.pdf

  16. crazy beans!!!! No one connects the dots like Cochran!!!! Go Girl!! Before every document is changed and all is unaccessible. Thank you for your time, and Thanks Livinglies for giving us a chance to read what otherwise would have taken us too much time to find. We can decide what is insightful and what is not.

  17. ANOTHER MOTION TO DISQUALIFY THE JUDGE

    The Judge could not have read the Amended Motion to Dismiss prior to his Order because the Amended Motion to Dismiss was not even in the Court file. !!!!!
    Posted on May 4, 2011 by Mark Stopa http://www.stayinmyhome.com

    I had a disturbing hearing today before a local judge. By way of background … this is the only judge in this area who rules upon (and, nearly always) denies motions to dismiss without a hearing. Candidly, I’ve often suspected that the judge does not read these motions to dismiss as carefully as he should. I hate to say it, but I’ve sometimes wondered if he reads them at all.

    Anyway, at today’s hearing, I argued that his prior Order denying the Motion to Dismiss should be vacated because he had not ruled on my Amended Motion to Dismiss (which was drafted specifically because he tends to rule on motions to dismiss without a hearing). When he tried saying he had reviewed the Amended Motion and had intended to deny it through his “inartfully” drafted Order, I had no choice but to inform him, in open court, that he could not have read the Amended Motion to Dismiss prior to his Order because the Amended Motion to Dismiss was not even in the Court file.

    Look. I know judges are backlogged. It’s unfair, it really is. However, is this what it’s come to? Saying you read a motion and intended to deny it when the motion was not even in the Court file? Would it really have been that big of a deal to vacate the Order and rule on the Amended Motion to Dismiss (even if that ruling was another Order denying)?

    Suffice it to say this sequence of events prompted me to file this Motion to Disqualify Judge.

    http://www.stayinmyhome.com/blog/wp-content/uploads/2011/05/Motion-to-DQ-Judge.pdf

    Mark Stopa Esq.

  18. Thanks, Mary, great post. And, how many other entities — as you have posted before, have changed names over time – to conceal affiliations??

    All business to avoid investigation and cover the trail. In fact, the only real business that supported the US economy — outside of consumption — has been deregulated financial services (from which consumption was derived). Does not matter who, what, when, how, or where — (Rico terms?). the American homeowner was the target of huge fraud — that sustained the US economy — until it collapsed.

    My question is — since investors have recouped “investments” by bail-out — or lawsuit — when will the people realize restitution from the US government or in courts of law?? Yes, some succeeding by response to court actions – and lucky enough to be before an astute judge — most are still just drowning.. Not enough attorneys to defend – not enough power. Appears government recoupment – due to current economic state — is the only thing that currently matters to officials..

    So, how do we incorporate government/investor lawsuits into individual cases in state/federal court?? Do we need our own class action that alleges what the government/investors allege and have access to by investigation — but for which the real homeowner victims have been denied in courts? (There could have been NO investors – or fraud against — without fraud FIRST against the targeted homeowner victims).

    If investor/government lawsuits are draining perpetrator funds (most likely insurance funds in the end) — nothing will be left for the homeowner victims. How did we let this happen???

    We are dealing in courts with insurance companies — and default service providers — who also represent the insurance providers. Many of the original “players” are gone — insurance coverage gone. US government/investors — have powerful law firms that will force settlement with extended “non-covered” entities –does not matter who those entities now are — only the power matters.

    None of the mass fraud lawsuits would have been possible without the fraud against the real victim homeowner targets. What can we do for our own mass action? Any attorneys without fear?

  19. Ukg…. Can’t tried… I’m agreeing with you 100%

  20. then skip it. next?

  21. Ukg. You made me laugh. I needed that so bad today

  22. Thank you for the link Mary.

    When American Home Mortgage got bought in 07 by WL Ross and Co. LLC he changed the name to American Home Mortgage Servicing Inc. (AHMSI)
    Ross and Co. are classed under- Domestic Entity Other. That leaves complaints to be filed at Federal Reserve Board.

    Now how in the heck was the average borrower to know about the NIC. Not one state or Federal agency told me to go look them up, or let alone looked up them up through the NIC. They all just sent letters back passing the buck. Talk about suppressing borrowers.

  23. Neil, I have to thank you very much for providing a great service to the American consumer. You indeed are a Patriot.
    Kind Regards,
    Mary

  24. TnHarry,

    From the bottom of my heart know that I am truly sorry for breaking the flow of conversation and acting as an interloper.

    The matters before our great nation ignored by the United States Goverment are too important to remain hidden.

    All – Please look at actual Agreements, Articles of Incorporation, and examine each transaction with the understanding in order to do business in the United States of America (commerce) the transactions are four dimensional.

    Why is no one and I mean no one discussing the intermediary funding except for me? Could it be the very body of attorney’s who for a decade processed the refinances are in Agreements with the affiliates and don’t want these documents in the public domain? Don’t want their Agreements between themselves and the LENDER to come into the public domain?

  25. Los Angeels-says-deutsche-bank-among-citys-largest-slumlords-files-suit-seeking-hundreds-of-millions.

    http://latimesblogs.latimes.com/lanow/2011/05/la-says-deutsche-bank-among-citys-largest-slumlords-files-suit-seeking-hundreds-of-millions.html

    NEVER AGAIN

  26. It’s been my experience that personal attacks come out when one either lacks vocabulary or information upon which to rely when commenting. If you read my comment I wasn’t disparaging either Neil or Mary – I was pointing out that there have been many good and informative articles in the past and that Mary’s cut and paste jobs have been in heavier rotation of late. My only point is that her info is readily available on the internet via SEC, yahoo, etc and doesn’t apply to the larger audience. I imagine that someone specifically impacted by those entities may be very interested. But for the masses who are not impacted, it’s a wall of text.

  27. tnhairless, if you’d have been here the last three years you would understand.

    I, for one, am appreciative, for Mary has singlehandedly brought to light the Wells/HSBC/Deutsche relationship numb-nuts like me didn’t know about. If you open your newspaper, hairless, to the legal notices, you would see that 90% of the foreclosures are conducted in the names of the criminal enterprises that are mentioned here often.

    Is there order? No. Is there continuous information provided as it is discovered? Absolutely.

  28. Just a note to advise that the address for the entities named, 60 Wall Street, is the Deutsche Bank tower in the Financial district. All operations that were formerly at the Liberty Street tower were moved there when Liberty Street was contaminated after the collapse of the WTC towers. DB sued the insurers demanding 1.1 billion for the building; it got ugly. Incidentally I speculate they call it “MortgagelT” as the German word for money is “gelt.” So you have “Mortgage Gelt,” or “mortgage money.” Cute, huh?

  29. @TN

    Have read enough of your antagonizing comments!

    If you don’t like what is being posted for ALL of us to read…
    would you please just STFU!!

    Thanks Neil and Mary for all your time and effort!!

    Get well soon Neil!

  30. […] Source: Livinglies’s Weblog […]

  31. tnharry- while I am not a fan of cut-and-paste websites where everyone is quoting everyone else in a circle, Mary Cochrane is performing an invaluable service in that she is shining a light (a big bright light) on parts of the lending fraud ponzi scam that otherwise would remain hidden. I would bet that these previously unnamed entities have not paid or even reported any income since inception. Just a guess.

  32. Neil, why are you so starved for content that you keep slapping these cut and paste jobs from Mary on the site? There have been many insightful articles posted, yet every other day we get a wall of text copied from SEC site(s) posted by Mary

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