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BY MARY COCHRANE

Come On – 60 Minutes Editors! Where is your Due Dilligence?

I thank you very much for replaying falsified documents documentatory. Why did you not include any new updates? For petes sake why did you ‘spin’ the ‘servicers’ loan modification conventions again? And NACA Bruce Marks provides interesting coverage of some video clip accusing Chase’s CEO for Home Retention and the link does not work. The new integrated NACA-Lynx (sound familiar eLynx?) link does not work. As a consumer who wonders who is NACA and you gave them spin as a legitimate entity operating as a non-profit, could you please followup and see if they are a legitimate organization? There use to be a NACA. That entity expired. Did someone use the same name of a former non-profit? Or did someone legitimately restart the non-profit?

60 Minutes we count on you! These ‘conventions’ placing thousands of borrowers’ in harms way. Consumer’s don’t know that the ‘Servicer’ may purchase the bad loan and in the modification securing a lien against all assets of the borrower they will act as an intermediary funder and provide bridge loans in a mofidication of the existing mortgage.

And for consumers not in default but struggling they are input into the computer with a big red flag -FCI – foreclosure imminient!

The SERVICER advance funds to the TRUSTEE paying the loans which must be performing to stay in the ‘loan trust.’ Already securitized as collateral they cannot be again resold rather ‘modified’ ‘liquified’ ‘swaped’ perhaps but not sold.

Sixty Minutes, why don’t you do an update again and incorporate details of the nationwide network in which TD Services dba TD Escrow Services CLOUD integrated with nationwide bank attorneys, closing agents, settlement agents, title companies, insurance companys, through pipeline of Fidelity which integrated with MERS and eLynx, SERVICES-Link, CTS-Link,.

What about a story about US Trust acquiring Chase Manhattan Corporation? processing?

What about a story how Bank of America NA TRUSTEE is US TRUST?

What about a story on the former Neighborhoor Assistance Corp of America, NACA? which was a real non-profit who had report taxes to state and federal goverment.

What about the new NACA Bruce Marks have they provided state and federal tax reports to the state and federal government?

What about educating all viewers who borrow money for a real estate loan, that the ‘mortgage brokers’ and ‘Banker’ ‘Consultants’ don’t have ‘authority’ to restructure mortgage?

60 Minutes please research and you’ll see that consultants of the bank do not have authority to ‘restructure’ mortage and what the consumer could do over the phone requesting a loan modification would save them from sleeping on the streets in line for a convention that mispresents what it has the authority to do. They don’t have ‘special funds’ available to help consumers.

Just call on the phone and get a lawful attorney who is not an REO BROKER and is NOT part of the nationwide network of FIDELITY – TDServcies dba TD Escrow Services, eLynx, MERS, Service Link , etc.

All of the loans part of securitized transactions ‘mortgage notes’ are already collateral of the loan trust and trust fund ‘closed’ when the ‘loan revenue’ was committed as collateral.

Bank consultants can’t modifiy a loan in default, nor can TRUSTEE of ‘loan trust’ or trust fund.

The lien against the deed lawfully recorded placed lienholder ‘TRUSTEE’ c/o temporary lender of ESCROW which really is PREFUNDING and the date the ‘mortgage note’ and ‘lenders policy’ recorded attached to the loan trust named as in the assignment in a judicial state prior to the foreclosure so the loan cannot be sold period, and the loan can be swaped if liquidated with like kind which occurs after the default, complaint and Summary Judgement in which the Court of Equity will rule the party standing is the lawful party or they get proeprty by default if borrower does not respond to the complaint.

At these conventions “Somebody” paying big bucks to rent convestion centers. The NACA calls them ‘Bank’ Consultants’ who input data into a nationwide network. Hellow. Where is the info going? Same place during Origination when the Mortgage Broker input the data for inquiry to get an appraisal when a consumer sought a home equity loan, for example.

A real story documented with tons of juicy facts sits on the SEC regarding the merger of Layers TItle Servcies following Chase Manhattan Corp, Norwest Corp and GMAC-RFC, and the virtual network in which mortgage brokers during origiantion or consumers who input virutal inquiry are attached to the ‘pipeline’ that the ‘mortgage note owner of the collateral’ part of as related to the 11 Bank Credit Facility – Lawyers Title Corp merger, Landamerica, Commonwealth, Fidelity, First National Financial, …nationwide network of bank attorneys, title & settlement agencies, agents, brokers, dealers, distributors who trade eLoans and eNotes.

Lynn S. MY HERO providing the good example of what DOJ, FBI could do if but for the classification the FEDERAL RESERVE affixed national association and federal association preventing the NJ DOBI for example from collecting ‘real evidence’ acceptable as ‘Federal Civil Evidence’ as per this incredible expert witness but for the OCC’s vistorial powers preventing enforcement of laws that otherwise would protect consumers.

The original mortgage brokers are pretender lenders’ connected to a pre-determined pipeline if they work for ‘WFHM’ or are independents who are connected via agreement part of the pipelines.

The ‘secret’ closing transactions in which ‘mortgage broker’ is a pretender lender, and ordered bank attorneyh part of nationwide network to issue title lenders policy in the name of ‘X’ for the amount of ‘X’ and the settlement agent who accepted the ‘deposit’ in their name as ESCROW representing PREFUNDING of an ‘Issuing Entity’ passing the loan as an undisclosed Alt-A INVESTMENT, which the nationwide network of underwriter “temporary lender” closed with the mortgage broker’s bank attorney, title agency, title company, closing and settlement services,

Let’s have a story on PREFUNDING of ESCROW via CREDIT FACILITIES (of 11 to 10 Banks) during origination who are the same parties during the conventions ‘Servicers’.

Don’t sleep on the streets! Get an attorney and review your situation but make sure they are not part of the nationwide network. That’s a story – who is not part of the network?

Who pays these ‘consultants’ to sit at the table and plan how they will take property and as REO benefit from the transactions.

The real owner of the ‘mortgage note’ ‘TRUSTEE” is not part of any of this.

In Illinois, Wells Fargo’s Home Mortgage Consultants’ promoting on the radio ‘WGN’ today invited all ‘Wells Fargo Home Mortgage’ borrowers to come on down if struggling to make payments and/or already in default or foreclosure.

800-405-8067.

Home preservation events

•Since 2009, we have participated in more than 300 home-preservation events, including large-scale Wells Fargo Homeownership Preservation Workshops for our customers in some of the nation’s hardest-hit markets.

•At Wells Fargo-sponsored events, customers can confidentially share details of their financial circumstances with a home preservation specialist. Additionally, nonprofit financial counselors provide information to customers about non-mortgage debt and a viewpoint of their options.

Chicago Illinois’ United Center – Gate 6,Wed Thur 8/17 and 8/18 . Website and services of this ‘convention’ just for Wells Fargo borrowers. www . wfhm . events . com / leadingthewayhome

Wells Fargo’s instructing borrowers to get on line and bring their papers.

Why won’t the radio station take calls from listeners who want to ask some important questions. Like why does Wells Fargo not have the documents they need already?

How can the Mortgage Consultants have the ‘authority’ to authorize a loan modification when its the TRUSTEE who approve loans which are in good standing, and its the SERVICER’s REO/LENDER/Underwriter who does not have standing in the DEED of TRUST and will now go after your other assets if you sign a loan modification amending the current ‘mortgage’ promissory note, and they will attache to the recent statemetns for every savings, money market, cd, bond, stock IRA and 401(k) account,.
Is there a disclosure on these ‘modifications’ other than defective language that will provide the ‘Servicer’ of the bad debt with access to all assets to satisfy the ADVANCES paid to the TRUSTEE of the securitized loan trust, trust fund, CDO’s, CLO’s etc?

Anyone experieince first-hand or second-hand what happens at the NACA ‘Neighborhood Assistance Corporation of America’ convestions which Wells Fargo Home Mortgage clearly states the IL and other www . wfhm . events . com / leadingthewayhome are not part of. Even though Wells Fargo Home Mortgage advertising these events, they acknowledge on the website there will be ‘other’ consultants from non-profits there.

For a fact, WFHM brokers are part of the nationwide pipeline connected to Fidelity, TD Services dba TD Escrow, eLynx, MERS, SERVICE Link, CTS Link as TRUSTEE of the mortgage note collateral, remitters, servicers, who trade ‘loans’ thru eLENDERS Correspondent Lenders of Wells Fargo Home Mortgage a Division of Wells Fargo BanK NA, 2701 Wells Fargo Way, Minneapolis MN (Wells Fargo Funding).

The ‘Servicers’ may be issuing the new lien attaching to all assets in the modification a 40 year mortgage, in which you are forced to refinance at the point the anniversary of 30 years would have been, and they appended all of the late fees and compounded interest to the last 10 years, and the existing mortgage can’t be paid off until the 10 years fees are paid off and if you can’t refinance they will get all your assets in court now with a restated and amended assignment you did sign in modification.

So called ‘non-profit’ Neighborhood Assistance Corporation of America, or NACA conventions on 60 minutes I researched and found the former company was a real non-profit and was inactive and appears someone just ‘using the name.’?

Who is the NACA?

The Neighborhood Assistance Corporation of America, or NACA, held its fourth loan modification convention in L.A. last weekend, coming face-to-face with homeowners to try to do what their banks can’t.

Non-profit and mortgages don’t go together, like oil and water.

Anyway, who is traveling the country, and who is paying to hold what are essentially loan modification conventions in which ‘S. Show up with all your paperwork, they put you with a counselor and then face-to-face with a bank representative. Some 5,000 people a day filed through L.A.’s Shrine Expo Center over five days last weekend. It’s called the Save the Dream tour, organized by the Neighborhood Assistance Corporation of America — or NACA. Homeowners lined up for blocks, some camped out overnight.

Conversation on website of NACA of a CONVENTION:

Inside we met Shawn Ricks, one of the NACA housing counselors

Vahe Azarian: I’m an in interest-only loan as of now. And we are just renting; paying just like a rent.

Vigeland: What did the bank tell you when they decided not to modify your loan on their own?

Azarian: They came up with kind of excuses, they said, ‘your loan is with us but since it wasn’t Fannie Mae or Freddie Mac or whatever, we cannot do anything at this point.’ And the interest rate’s so high, it was killing us.

Vigeland: Shawn, is any of this difficult to you, because he doesn’t have 20 percent value in his house?

Shawn Ricks: I really don’t understand why the banks do that. To me, if your homeowner comes and he’s struggling, and you can help them, why not?

More WFHM events coming your way! Be aware and share what additional harms ‘may’ befall consumers who seek loan moficiation help from the non-profits and ‘special events’ to be hosted by WFHM in Dallas, TX, Boston, MA, Atlanta, GA, Nashville, TN, Philadelphia, PA, Kansas City, MO, San Antonio, TX, Fort Lauderdale, FL, Fort Meyers, FL, Orlando, FL, Jacksonville, FL, Charlotte, NC

Beware of foreclosure rescue scams
This is a Wells Fargo Home Mortgage workshop designed to provide options for homeowners who are having diculty keeping up with mortgage payments. If you have
any concerns about the validity of this workshop, go to http://www.wmevents.com/leadingthewayhome to view a video from past events.

Wells Fargo Bank, N.A. is required by the Fair Debt Collection Practices Act to inform you that if your loan is currently delinquent or in default, as your loan servicer, we will be attempting to collect a debt, and any information obtained will be used for that purpose. However if you have received a discharge, and the loan was not
rearmed in the bankruptcy case, we will only exercise our right as against the property and are not attempting any act to collect the discharge debt from you personally.

With respect to those loans located in the State of California,
the state Rosenthal Fair Debt Collection Practices Act and the federal Fair Debt Collection Practices Act require that, except under unusual circumstances, collectors may not contact you before  a.m. or after p.m. They may not harass you by using threats of violence or arrest or by using obscene language. Collectors may not use false or misleading statements or call you at work if they know or have reason to know that you may not receive personal calls at work. For the most part, collectors may not tell another person, other than your attorney or spouse, about your debt. Collectors may contact another person to confirm your location or enforce a judgment. For more information about debt collection activities, you may contact the Federal Trade Commission at

FTC-HELP or http://www.ftc.gov.

We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your
credit report.

Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. Wells Fargo Bank, N.A. All rights reserved. NMLSR ID

Wow – just before I hit update and post – NACA email arrives

October 29th NACA Actiona against FANNIE MAE
While we continue to get affordable solutions for many, we have encountered a serious roadblock due to the refusal of Fannie Mae to support the long term affordable solution – Fannie Mae sets the industry standard.

We will be campaigning against them on Wednesday October 29th at Fannie Mae’s corporate headquarters in Washington D.C at 3900 Wisconsin Avenue. We will meet at 10:00 a.m. at the park behind Mc Donald’s around the corner from Fannie Mae at Upton and 42nd; or if you are not sure of the location meet us at NACA’s Washington D.C. office 1716 14th street NW at 9:00 a.m.

This effects everyone since Fannie Mae owns or guarantees 30% of all mortgages and sets the standard for “Accepted Servicing Practices” adhered to by the industry. For most borrowers with an unaffordable mortgage, Fannie Mae will not permanently reduce the interest rate to achieve an affordable mortgage payment.

We will highlight the impact of their foreclosing on so many homeowners. We will be delivering to them our furniture, clothing and any other personal items that symbolize the taking of our homes. Your participation is important:
When: Wednesday – October 29th
Meeting Time: 10:00 A.M.
Where: Park at 42nd and Upton (off of Wisconsin). Behind the McDonalds
What: Demonstration at Fannie Mae. It may last for the day so come when you are available for as long as you can.
More information: Call NACA at 1-888-302-6222 and select 1.
Confirm your participation: click here to confirm your participation or Email NACA at HomeSave@naca.com
Bring your family, friends and as many others as possible. Also, since Fannie Mae is taking our homes, we should bring personal items (old clothes, stuffed animals, furniture Etc) to leave with them to symbolize the devastating impact of their actions. We look forward to your participation and your being part of this historic event.

Sincerely,

Bruce Marks
NACA – CEO

P.S. NACA is only able to provide affordable solutions as a result of demonstrations and actions to change the foreclosure policies of servicers and investors.

Bruce Marks
CEO

Headquarters:
Boston, MA
(888) 297-5568

OFFICES:
ATLANTA, GA
(404) 377-4545
AUGUSTA, GA
(706) 855-7464
BALTIMORE, MD
(410) 783-0465
BIRMINGHAM, AL
(205) 942-8111
BOSTON, MA
(617) 250-6244
BUFFALO, NY
(716) 834-6222
CHARLESTON, SC
(843) 556-0497
CHARLOTTE, NC
(704) 536-7676
CHICAGO, IL
(773) 723-6222
CLEVELAND, OH
(888) 297-5568
COLUMBIA, SC
(803) 255-0223
DALLAS, TX
(972) 283-1171
DENVER, CO
(303) 217-7015
HOUSTON, TX
(713) 706-3400
JACKSON, M S
(601) 922-4008
JACKSONVILLE, FL
(904) 306-9272
KANSAS CITY, MO
(816) 531-6222
LAS VEGAS, NV
(702) 562-4387
LAWRENCE, MA
(978) 687-3993
LITTLE ROCK, AR
(501) 687-2960
LOS ANGELES, CA
(310) 412-2600
MEMPHIS, TN
(901) 348-0115
MILWAUKEE, WI
(414) 442-6222
MINNEAPOLIS, MN
(612) 605-6192
NASHVILLE, TN
(615) 783-1696
NEW HAVEN, CT
(203) 562-6220
NEW ORLEANS, LA
(504) 482-3000
NEWARK, NJ
(973) 679-2601
OAKLAND, CA
(510) 652-6622
PHILADELPHIA, PA
(888) 297-5568
PHOENIX, AZ
(602) 383-3744
RALEIGH, NC
(919) 855-8484
SAN ANTONIO, TX
(210) 826-2828
SPRINGFIELD, MA
(413) 788-6220
ST LOUIS, MO
(314) 645-8333
TAMPA, FL
(813) 287-5051
WASHINGTON, DC
(202) 328-6333

The Neighborhood Assistance Corporation of America (“NACA”) is a non-profit, community advocacy and homeownership organization. NACA’s primary goal is to build strong, healthy neighborhoods in urban and rural areas nationwide through affordable homeownership. NACA has made the dream of homeownership a reality for thousands of working people by counseling them honestly and effectively, enabling even those with poor credit to purchase a home or refinance a predatory loan with far better terms than those provided even in the prime market.

Investing in working people
The NACA homeownership program is our answer to the huge subprime and predatory lending industry. NACA has conclusively shown that when working people get the benefit of a prime rate loan, they can resolve their financial problems, make their mortgage payments and become prime borrowers. NACA’s track record of helping people who have credit problems become homeowners or refinance out of a predatory loan debunks the myth that high rates and fees are necessary to compensate for their “credit risk.”

Started in 1988, NACA has a tremendous track record of successful advocacy against predatory and discriminatory lenders as well as providing the best mortgage program in America with $10 billion in funding commitments. NACA is the largest housing services organization in the country and is rapidly expanding by growing its existing 30+ offices, headquartered in Boston, MA, opening many new offices nationwide, and expanding the services it offers its membership. NACA’s confrontational community organizing and unprecedented mortgage program have set the national standard for assisting low- and moderate-income people to achieve the dream of homeownership.

NACA – America’s Best Mortgage Program
The incredible NACA mortgage allows NACA Members to purchase or refinance homes with:

◦no down payment,
◦no closing costs,
◦no fees,
◦no requirement for perfect credit,
◦and at a below-market interest rate.
Everyone gets the same incredible terms, including the below-market interest rate, regardless of their credit score or other factors. NACA also provides free, comprehensive housing services. NACA counsels Members into the extraordinary NACA mortgage using character-based lending criteria that takes each Member’s circumstances into account to determine whether they are ready for homeownership and what they can afford. This is in contrast to risk-based pricing where people are often given loans they cannot afford while brokers and others make tremendous fees and profits.

Property renovation and foreclosure prevention
NACA also provides property renovation assistance and Membership Assistance for NACA homeowners. NACA’s Home and Neighborhood Development (“HAND”) Department addresses repair issues, and where appropriate provides rehab assistance throughout the renovation process. NACA’s Membership Assistance Program (MAP) provides comprehensive counseling for Members who are delinquent on their home payments, including establishing payment agreements and providing financial assistance to help Members avoid foreclosure.

Innovative technology
The NACA program has developed state-of-the-art mortgage software for web-based counseling, processing and underwriting., called “NACA Lynx”, which is the envy of the mortgage industry. This is a paperless system that allows for character lending, loan processing and underwriting to be done on a very large scale.

Powerful national advocacy
NACA has revolutionized mortgage lending with its mortgage services and advocacy. NACA’s organizing department continues the aggressive advocacy against predatory lenders and the fight for economic justice. NACA is a high-profile organization, with its program and advocacy featured in the national media, including the Wall Street Journal, Prime Time Live, Boston Globe, Washington Post, major news outlets, and local networks nationwide.

NACA’s committed staff and contacting NACA
Our staff of hundreds of dedicated staff is committed to working with you to access this incredible mortgage product and to advocate for strong neighborhoods and economic justice. We are always looking for qualified staff—see our current job listings for details. To keep updated on NACA services, campaigns, and relevant legislative happenings, sign up by clicking Contact Us.

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  3. Norwest and Alt-A Land Title & Fidelity National Insurance morpted into Microsoft open platform on CLOUD and portals now through which new GMAC Mortgage & State of Maryland in the pass-thru-agency state portal funded to access FIS, FNF, LPS, DOCX, TDSFinancial eLynx, MERS, etc.

    http://livinglies.wordpress.com/administrative/2011/08/14/all-about-fis/

    Joint Venture created the newly acquired affiliate of Norwest Corp in which GMAC-RFC and Chase Manhattan Mortgage proudly announced in 1996 their newly acquired affiliate NASCOR “Norwest Asset Securities Corp” the pass thru registrant c/o Norwest Minnesotta Bank, NA of Minneapolis MN. Meanwhile ‘GMAC Mortgage Corporation of Iowa’ handled the servicing for multiple vendors including Norwest Asset Securities Corp, ……

    IBM, Microsoft, FREDDIE, Chase, GMAC, Norwest & WFC, BOA, CITI… control entire real estate industry over www since 1995! Back in the day Lawyers Title Corp merged Commonwealth, Norwest has Commonwealth Leasing hmmm, largest producer non-confirming products related to alternative investments and Alt-A Loans, ….

    What about Norwest Corporation’s relationship with Fidelity National Insurance and Alt A ….

    FNF could be the next domino to fall.

    Schuette said criminal investigative subpoenas were sent to four companies, which have until June 30 to provide documents “regarding the mortgage processing companies’ operations in relation to foreclosure and/or bankruptcy-related document processing,” Schuette’s office said in a prepared statement.

    http://www.businessweek.com/ap/financialnews/D9NT395O0.htm

    Schuette said the companies are affiliated and lists them as Lender Processing Services Inc., Fidelity National Financial Inc., CT Corporation System, and DocX.

    1 NORWEST CORP RSSD ID 1120754
    #39 NORWEST BANK MINNESOTA, NA ‘NATONAL BANK’ MINNEAPOLIS MN MONEY FLOWED DIRECTY TO #1 NORWEST CORP RSSDID 1120754 AS OF 12/31/1996

    39 -* NORWEST BANK MINNESOTA, NA 995151 TO #1 MINNEAPOLIS MN NATIONAL BANK
    40 –* NORWEST TRUST COMPANY, NEW YORK 90618 FLOWS TO #39 NEW YOR – NON-DEPOSIT TRUST COMPANY NON-MEMBER

    41 –* NORWEST BANK INTERNATIONAL 680756 FLOWS TO #39, MINNEAPOLIS MN EDGE CORPORATION – BANKING
    42 —* NORWEST DO BRASIL SERVICES LTDA 2345853 FLOW INTO #41 SAO PAULO BRAZIL
    43 –* PEREGRINE CAPITAL MANAGEMENT, INC 1121087 #39 MINNEAPOLIS DOE
    44 –* NORWEST BUSINESS CREDIT, INC 1146101 TO #39 MINNEAPOLIS MN FINANCIE CO
    45 –* NORWEST EQUIPMENT FINANCE, INC. 1149885 #39 MINNEAPOLIS MN FINANCE CO
    46 —* FIRST INTERSTATE EQUIP FINANCE INC 1087790 MINNEAPOLSI MN DOE TO #45
    47 —* RD LEASING, INC 2134208 TO #45

    48 —* COMMONWEALTH LEASING CORP 2135148 #45 MINNEAPOLIS MN
    49 –* NORWEST FUNDING II, INC 1383559 FLOWS TO #39 DES MOINES IA (DOE)
    52 –* NORWEST FUNDING, INC 1970614 FLOWS TO 39 MINNEAPOLIS MN DOE
    53 –* SUPERIOR ASSET MANAGEMENT INC 2015268 TO #39 NEW CASTLE DE (DOE)
    54 –* CRESTONE CAPITAL MANAGEMENT INC 2293196 TO #39 ENGLEWOOD CO
    55 –* GALLIARD CAPITAL MANAGEMENT INC 2343813 TO #39 MINNEAPOLIS MN (DOE)
    56 –* NATIONAL BUSINESS FINANCE, INC 2514659 TO #39 DENVER CO FINANCE COMPANY
    57 -* BANK OF MONTANA SYSTEM (1020199) TO #1 BILLINGS MONTANA BANK HOLDING
    58 –* NORWEST BANK MONTANA, NATIONAL ASSOC TO #57 BILLINGS MT NATIONAL BANK
    59 —* OSPREY ASSET MANAGEMENT, INC. 22553211 TO #58 NEW CASTLE DE
    60 -* FIDELITY NATIONAL LIFE INSURANCE COMPANY (1049060) TO #1 PHOENIX AZ (DOE)
    61 -* UNITED BANKS INSURANCE SERVICES, INC. TO #1 DENVER CO (DOE)
    62 -* GOLDENBANKS OF COLORADO, INC 1050637 TO #1 MINNEAPOLIS MN BANK HOLDING CO
    63 –*+ NORWEST BANK COLORADO, NATIONAL ASSOC 728854 TO #62 DENVER CO NATIONAL BANK
    64 –* NORWEST NATIONAL BANK 2349413 TO #62 WESTMINSTER CO NATIONAL BANK
    65 -* NORWEST BANK ARIZONA, NATIONAL ASSOC TO #1 PHOENIX AZ NATIONAL BANK
    66 –* CARDINAL ASSET MANAGEMENT, INC 2287739 #65 NEW CASTEL DE DOE
    67 -* WYOMING NATIONAL BANCORPORATION 1051447 TO #1 CASPER WY BANK HOLDING CO
    68 –* NORWEST BANK WYOMING NA TO #67 CASPER WY NATIONAL BANK
    69 -* AMERICAN REPUBLIC BANCSHARES, INC 1066517 TO #1 MINNEAPOLIS MN BANK HOLDING CO
    70 –* NORWEST BANK NEW MEXICO, NA 599951 TO #69 ALBURQUERQUE NM NATIONAL BANK
    71 —* RAVEN ASSET MANAGEMENT, INC 2535980 TO #70 NEW CASTLE DE
    72 -* KEN-CARYL INVESTMENT CO 1067578 TO #1 MINNEAPOLIS MN BANK HOLDING CO
    73 –* NORWEST BANK COLORADO, NA 728854 TO #72 DENVER CO NATIONAL BANK
    74 —* LINCOLN BUILDING CORP 1049051 TO #73 DENVER CO (DOE)
    75 —* FREMONT PROPERTIES INC 1494651 TO #73 DENVER CO (DOE)
    76 —* FALCON ASSDET MANAGEMENT INC 2185367 TO #73 NEW CASTLE DE (DOE)
    77 —-* BLUE SPIRIT INSRUANCE CO 1028515 TO #76 BURLINGTON VT (DOE)
    78 —* NORWEST COLORADO COMMUNITY DEVELOPMENT CORP 2308344 TO #73 DENVER CO (DOE)
    79 -* VICTORIA BANKSHARES INC 102125 TO #1 MINNEAPOLIS MN BANK HOLDING CO
    80 –* VICTORIA FINANCIAL SERVICES INC 1927131 TO #79 NEW CASTLE DE BANK HOLDING CO
    81 —* NORWEST BANK TEXAS, SOUTH CENTER 364869 TO #80 VICTORIA TX NON-MEMBER BANK
    82 —-* VICTORIAL CAPITAL CORP 1102134 81 VICTORIA TX (DOE)
    83 —-* KENEDY-RUNGE 2465434 TO #81 VICTORIA TX (DOE)
    84 —* CEN-CAL 2465443 TO #81 VICTORIA TX (DOE)
    85 -* COPPER BANCSHARES INC (1103980) TO #1 MINNEAPOLIS MN BANK HOLDING CO
    86 –* NORWEST BANK NEW MEXICO, NA 599951 TO #85 ALBURQUERQUE NM NATIONAL BANK
    87 —* RAVEN ASSET MANAGEMENT, INC. 2535980 TO #86 NEW CASTLE DE (DOE)
    88 -* HENRIETTA BANCSHARES INC 1104008 TO #1 MINNEAPOLIS MN BANK HOLDING CO.
    89 –* HENRIETTA DELAWARE FINANCIAL CORP 1952786 TO #88 NEW CASTLE DE BANK HOLDING CO
    90 —* NORWEST BANK TEXAS, WACO NA 550064 TO #89 WACO TX, NATIONAL BANK
    91 —-* TDM CORP 1102983 TO #90 WACH TX (DOE)
    95 -* ALICE BANCSHARES, INC 1109973 TO #1 MINNEAPOLIS MN BANK HOLDING CO
    96 –* BANCSHARES HOLDING CO (1877704) TO #95 NEW CASTLE DE BANK HOLDING CO
    97 —* NORWEST BANK TEXAS, ALICE (342858) TO #96 ALICE TX, STATE MEMBER BANK
    98 —* NORWEST BANK TEXAS, PREMONT 979665 TO #96 PREMONT TX NON-MEMBER BANK
    99 -* COMFORT BANCSHARES INC 1110175 TO #1 MINNEAPOLIS MN BNAK HOLDING CO
    100 –* NORWEST BANK TEXAS, COMFORT 950851 TO #99 COMFORT TX NON-MEMBER BNAK
    101 -* NORWEST AGRICULTURAL CREDIT INC 1120763 TO #1 SIOUX FALLS SD (DOE)
    102 -* NORWEST BANK MINNESOTA WEST, NA 123253 TO #1 MOORHEAD MN NATIONAL BANK
    103 –* SUPERIOR WEST ASSET MANAGEMENT, INC 2015204 TO #102 NEW CASTLE DE (DEO)
    104 -* NORWEST SERVICES INC 1120772 TO #1 MINNEAPOLIS MN ‘DATA PROCESSING SERVICER
    105 -* NORWEST PROPERTIES INC 1120790 TO #1 MINNEAPOLIS MN (DEO)
    106 -* NORWEST AUDIT SERVICES INC 1120839 TO #1 MINNEAPOLIS MN (DOE)
    107 -* NORRWEST INVESTORS INC 1121014 TO #1 MINNEAPOLIS MN (DEO)
    108 –* NORWEST V.C. PARTNERS (1121041 TO #107 MINNEAPOLIS MN (DEO)
    109 -* NORWEST ASIA LTD 1121031 TO #1 HONG KONG HONG KONG (INTERNATIONAL NONBANK SUB OF DOMESTIC ENTITIES)

    110 –* NORWEST INTERNATIONAL COMMERCIAL SERVICES LTD 2151081 TO #109 HONG KONG HONG KONG
    111 -* NORWEST CAPITAL MARKETS INC 1121078 TO #1 MINNEAPOLIS MN (DOE)
    112 -* NORWEST ALLIANCE SYSTEM, CIN 1121096 TO #1 MINNEAPOLIS MN (DEO)
    113 -8 NORWEST INVESTMENET SERVICES, INC. 91121117 TO #1 MINNEAPOLIS MN SECURITIE SBROKER DEALER
    114 –* NISI WYOMING INSURANCE 2461847 TO 113 MINNEAPOLIS MN (DEO)
    115 -* LINDEBERG FINANCIAL CORP 1121827 TO #1 MINNEAPOLIS MN BANK HOLDING CO
    116 –* NORWEST BANK MINNESOTA, NA TO #115 MINNEAPOLIS MN NATIONAL BANK
    117 —* NORWEST TRUST CO, NY 90168 TO #116 NEW YORK NY -NON DEPOSIT TRUST CO NON-MEMBER
    118—* NORWEST BANK INTERNATIONAL 680756 TO #116 MINNEAPOLIS MN EDGE CORP BANKING
    ….
    199 -* NORWEST INSURANCE INC 1149830 TO #1 MINNEAPOLIS MN
    200 –* NORWEST INSURANCE WYOMING INC 1051456 TO #199 MINNEAPOLSI MN
    201 –* NORWEST INSURANCE ARIZONA INC 1194371 TO #199 MINNEAPOLIS MN
    202 –* REGENCY INSURANCE AGENCY INC 1848151 TO #199 MINNEAPOLIS MN
    203 –* RURAL COMMUNITYINSURANCE AGENCY INC 1940309 TO #199 MINNEAPOLIS MN
    204 —* CROP HAIL MANAGEMENT 1468090 TO #203 SIOUX FALLS SD
    205 —* NORWEST RURAL INSRUANCE SERVICES INC 2253145 TO #203 SIOUX FALLS SD
    206 –* ATI TITLE AGENCY OF OHIO, INC 2253275 TO #199 CLEVELAND OH
    207 –* DIRECTORS INSURANCE SERVICE 2292117 TO #199 MINNEAPOLIS MN
    208 -* LOWRY ILL INVESTMENET ADVISORS, INC T1153958 TO #1 MINNEAPOLIS MN
    209 -* NORWEST INVESTMENT MANAGEMENT INC 1153967 TO #1 MINNEAPOLIS MN
    210 -* MIDWEST CREDIT LOIFE INSURANCE CO 1155644 TO #1 PHOENIX AZ
    211 -* MINNETONKA OVERSEAS INVESTMEENT LTD T1196562 TO #1 GEORGE TOWN CAYMAN
    212 –* MINNETONKA REPRESENTACOES COMMERCIAIS LTDA #211 SAO PAULO BRAZIL 2059963 BRAZIL FOREIGN ENTITY

    215 –* NORWEST BANK OHIO, NA 239323 TO #214 VAN WERT OH NATIONAL BANK
    216 –* NORWEST BANK INDIANA NA 417448 TO #214 FORT WAYNE IN NATIONAL BANK
    217 —* NABANKCO, INC 1844658 TO #216 SOUTH BEND IN
    218 —-* LASALLE INC. 1844603 TO #217 SOUTH BEND IN
    219 —* COPPER ASSET MANAGEMENT INC 1852877 TO #216 NEW CASTLE DE
    220 –* CLINTON STREET GARAGE CO INC 1197037 TO #214 FORT WAYNE IN
    221 -* BLACKHAWK BANCORPORATION 1202511 TO #1 MINNEAPOLIS MN BANK HOLDING CO

    222 –* NORWEST BANK IOWA, NA 660842 TO #221 DES MOINES IA NATIONAL BANK
    223 —* IOWA ASSET MANAGEMENT, INC 1852859 TO #222 NEW CASTLE DE (DEO)
    224 —* TOWER DATA PROCESSING CORP 2134431 TO #222 DAVENPORT IA DATA PROCESSING SERVICER
    225 —* INTRAWEST ASSET MANAGEMENT INC 2135429 TO 222 NEW CASTLE DE
    226 —-* INTRAWEST INSURANCE CO 1149111 TO #225 PHOENIX AZ
    227 –* BLACKHAWK LEASING CORP 1147114 TO #221 MINNEAPLIS MN
    228 –* + NORTHWEST VENTURE PARTNERS, A MINNESOTA LTD PARTNER 1963830 TO #221 MINNEAPOLIS MN
    229 -* NORWEST BANK LA CROSSE NA TO #1 LA CORSSE WI NATIONAL BANK
    230 –* LACROSSE ASSET MANAGEMENT INC 1856950 TO #229 NEW CASTLE DE
    231 -* LA PORTE BANCORP 1207664 TO #1 MINNEAPOLIS MN BANK HOLDING CO
    232 NORWEST BANK INDIANA NA 417448 TO #231 FORT WAYNE IN NATIONAL BANK
    233 —* NABANKCO, INC 1844658 TO #232 SOUTH BEND IN
    234 —-*LASALLE INC 1844603 TO #233 SOUTH BEND IND
    235 —* COPPER ASSET MANAGEMENT INC 1852877 TO #232 NEW CASTLE DE
    236 -* PEOPLES MORTGAGE AND INVESTMENT CO 135529 TO #1 CEDAR RAPIDS IA
    237 -* NORTHERN PRAIRIE INDEMNITY LTD 1383577 TO #1 CAYMAN ISLANDS
    238 –* FIDELITY NATIONAL LIFE INSURANCE CO 1049060 TO #237 PHOENIX AZ
    239 –* BANCSHARES LIFE INSURACE CO 1148990 TO #237 MINNEAPOLIS MN
    240 –* SUPERIOR GUARANTY INSURANCE CO 1843455 TO #237 BURLINGOTN VT
    241 —* MORTGAGE SERVICING SALES LTD PARTNERSHIP 2462134 TO #240 MINNEAPOLIS MN
    242 —* + CONDOR INVESTMEENTS LIMITED PARTNERSHIP 2462134 TO #240 MINNEAPOLIS MN
    243 -* TEXSAS BANCORPORATION INC 1417249 TO #1 MINNEAPOLIS MN BANK HOLDING CO
    244 –* TEXAS BANK 963169 TO #243 ODESSA TX NON-MEMBER BANK
    245 -* UNITED NEW MEXICO CREDIT LIFE INSURNACE CO 1422261 TO #1 ALBUQUERQUE NM
    246 -* NORWEST LIMITED INC 1423549 TO #1 MINNEAPOLIS MN
    262 –* NORWEST EQUITY PARTNERS IV, A MINNESOTA LP 1425637 TO #246 MINNEAPOLIS MN
    263 —*+ TELEX COMMUNICATIONS INC TO #262 BLOOMINGTON MN
    264—* + BRIGHT HORIZONS CHILDRENS CENTERS INC 1963438 TO #262 CAMBRIDGE MA
    265 —* LINKSCORP LLC 1963568 TO #262 NORTHFIELD IL
    270 —*_ OPTICAL SENSORS INC 2001609 262 EDEN PRAIRIE MN
    271 —* FORTE SOFTWARE INC 2001618 TO #262 OAKLAND CA DATA PROCESS SERVICER
    273 —*+ MASADA SECURITY HOLDINGS INC 2022789 TO #262 BIRMINGHAM AL
    274 —*+ INFORMATION ADVANTAGE INC 2033691 TO #262 MINNETONKA MN
    275 —*+ RASTER GRAPHICS INC 2055826 TO #262 SUNNYVALE CA
    276 —*+ PRISM SOLUTIONS INC 2055862 262 SUNNYVALE CA
    277 —*+ GENERAL SURGICAL INNOVATIONS INC 2147093 262 PALO ALTO CA
    278 —*+ PLASMA & MATERIALS TECHNOLOGIES INC 2185095 TO #262 CHATSWORTH CA
    293 E-VENTURES LLC 2306948 TO #262 MINNEAPOLIS MN
    295 –* NORWEST EQUITY PARTNERS V, A MINNESOTA LP 2306966 TO #246 MINNEAPOLIS MN

    360 -* SUPERIOR GUARANTY INSURANCE CO 1843455 TO #1 BURLINGTON VA
    361 –* MORTGAGE SERVICING SALES LP 2399070 TO #360 MINNEAPOLIS MN
    362 –*+ CONDOR INVESTMENTS LP 2462134 TO #360 MINNEAPOLIS MN
    363 -* NORWEST BANK TEXAS, BAY CITY, NA 84855 TO #1 BAY CITY TX NATIONAL BANK
    364 -* NORWEST HOLDING CO (1847912) TO #1 MINNEAPLIS MN BANK HNOLDING CO
    365 –* NORWEST BANKI MINNESOTA, NA 995151 TO #364 MINNEAPOLIS MN NATIONAL BANK
    366 –* NORWEST TRUST CO NY 90618 TO #365 NEW YOR NONDEPOSIT TRUST OC NONMEMBER
    367 —* NORWEST BANK INTERNATIONAL 680756 TO 365 MINNEAPOLIS MN EDGE CORP BANKING
    378 —* NORWEST FUNDING INC 1970614 TO #365 MINNEAPOLIS MN
    383 –* RESIDENTIAL HOME MORTGAGE, LLC 2292078 TO 364 MINNEAPLIS MN
    384 -* NORWEST NOVA, INC 1852729 TO #1 MINNEAPLIS MN
    385 –* NORWEST MORTGAGE, INC 1632332 TO #384 DES MOINES IA (DEO)
    386 —*+ MISSION SAVINGS & LOAN ASSOC, A FEDERAL ASSOC 215372 TO #385 RIVERSIDE CA
    387 —* NORWEST MORTGAGE CONVENTIONAL 1, INC TO #385 DES MOINES IA
    388 —* NORWEST MORTGAGE INSURED 1, INC 1844706 TO #385 DES MOINES IA
    389 —* NORWEST MORTGAGE INSURED 2, INC 1844715 TO #385 DES MOINES IA
    390 —* NORWEST MORTGAGE CLOSING SERVICES, INC 1844724 TO #385 DES MOINES IA
    391 —* ATI HOLDINGCO 1940318 TO #385 MINNEAPOLIS MN
    392 —-* AMERICAN LAND TITLE CO INC 1844788 TO #391 OMAHA NE
    393 —-* WARRANTY TITLE, INC 184833 TO 391 SAINT PAUL MN
    394 —-* ATI TITLE NETWORK OF BUFFALO 2292041 TO #391 DES MOINES IA
    395 —-* ATI TITLE COMPANY OF CALIFORNIA 3495226 TO #391 DES MOINES IA
    397 —* NORWEST MORTGAGE ASSET MANAGEMENT CORP (1963371) TO #385 DES MOINES IA
    398 —-* INFORMATION SERVICES, INC 2292032 TO #397 DES MOINES IA
    399 —-* INFORMATION SERVICES OF THE ROCKY MOUNTAINS LLC 2467997 TO #398 BOULDER CO DATA PROCESSING SERVICER
    400 —-* RESIDENTIAL HOM EMORTGAGE INVESTMEENT LLC 2292087 TO #397 DES MOINES IA
    401 —* NORWEST MORTGAGE OF NEW YORK INC. 1967342 #385 DES MOINES IA
    402 —* PROSPERITY MORTGAGE CO 2149828 TO #385 DES MOINES IA
    403 —* ATI TITLE AGENCY OF ARIZONA INC 2215965 TO #385 DES MOINES IA
    404 —* LEGACY MORTGAGE 2234788 TO #385 DES MOINES IA
    405 —* NORWEST VENTURES, INC 2330626 TO #385 DES MOINES IA
    406 —-* FIRST CAPITAL MORTGAGE CO 2292050 TO #405 DES MOINES IA
    407 —* MOUNTAIN PACIFIC MORTGAGE 2304252 TO #405 DES MOINES IA
    408 —* CARLSON MORTGAGE CO 2329406 TO #405 DES MOINES IA
    409 —* TOWN SQUARE MORTGAGE 2347286 TO #405 DES MOINES IA
    410 —-* CORNERSTONE MORTGAGE 2347295 #405 DES MOINES IA
    411 —-*SOUTHEASTERN RESIDENTIAL MORTGAGE 2359908 #405 DES MOINES IA
    412 —-* MORTGAGE PROFESSIONALS 2420666 #405 WEST DES MOINES IA
    413 —-* NEXT HOME MORTGAGE 2431176 #405 CLIVE IA
    414 —-* C.M.H. MORTGAGE CO 2446938 TO #405 WESTERVILLE OH
    415 —-* REAL ESTATE FINANCIAL 2461696 #405 PALM HARBOR FL
    416 —-* MORTGAGE CENTER 2498227 #405 WEST SPRINGFIELD MA
    417 —-* CENTRAL FEDERAL MORTGAGE CO 2503194 TO #405 STATE COLLEGE PA
    418 —-* ADVANCE MORTGAGE 2513531 TO #405 CHESAPEAK VA
    419 —* NORWEST ELECTRONCI TAX SERVICE INC 2377304 TO #385 DES MOINES IA
    420 —* VIE, INC 2377340 TO #385 DES MOINES IA
    421 —* VALUATION INFORMATION TECHNOLOGY, INC #385 DES MOINEA IA
    422 —* MORTGAGE SERVICING SALES LP 2399070 385 MINNEAPOLIS MN
    423 —* NORWEST MORTGAGE OF MASSACHUSETTS, INC. 2399203 TO #385 DES MOINES IA
    424 —* NORWEST ASSET SECURITIES CORP 2495208 TO #385 DES MOINES IA
    425 —* NORWEST STRUCTURED ASSETS, INC. 2536035 TO #385 FREDERICK MD
    426 –* AMERICAN LAND TITLE CO OF KANSAS CITY INC 2228796 TO #384 KANSAS CITY MO
    427 -* NORWEST COLORADO INC 1870590 #1 MINNEAPOLIS MN BNAK HOLDING CO
    428 –* Norwest Bank Colorado NA 728854 #427 Denver CO National Bank
    429 —* Lincoln Building Corp 1049051 #428 Denver CO
    430 —* Fremont Properties Inc 1494651 #428 Denver CO
    431 —* Falcon Asset Management INc 2185367 to #428 New Castle DE
    432 —-* Blue Spirit Insurance CO 1028515 #431 Burlington VT
    433 —* Norwest Colorado Community Dev Corp 2308344 #428 Denver Co
    432 –* Norwest Bank Grand Junction-Downtown NA 2383882 #427 Grnad Junction CO National Bank
    435 –* Norwest Bank Grand Junction, NA 2383903 #427 Grand Junction CO National Bank
    436 -* Norwest Credit Inc 1967324 #1 Minneapolis MN Finance Co
    437 -* Independent Bancorp of Arizona Inc 2058528 #1 Minneapolis MN Bnak Holding Co
    438 –* Norwest Bank Arizona NA 49362 to #437 Phoeniz AZ National Bank
    439 —* Cardinal Asset Management, Inc 2287739 #438 New Castle DE
    440 -* Norwest Foundation 2135447 #1 Minneapolis MN
    441 -* LOMAS Properties Inc 1285581 #1 Minneapolis MN
    442 -* GST Co 2190567 #1 Minneaplis MN Bank Holding Co
    443 –* United New Mexico Financial Corp #442 Minneaplis MN Bank Holding Co
    444 —* Norwest Bank New Mexico NA 599951 #443 Albuquerque NM National Bank
    445 —-* Raven Asset Managemetn Inc 2535980 #444 New Castle DE
    446 —* United New Mexico Credit Services Inc 1926620 #443 Albuquerque NM
    447 —* United New Mexico Real Estate Services Inc 1944727 to #443 Albuquerque NM
    448 –* FORD BANK GROUP, INC 1136036 #442 MINNEAPOLIS MN BANK HOLDING CO
    449 —* FORD BANK GROUP HOLEDINGS INC 1823279 #448 NEW CASTLE DE BANK HOLDING CO
    SKIPPING FEW
    457 –*+^ RESIDENTIAL HOM EMORTGAGE INVESTMENET LLC 2292087 #442 DES MOINES IA
    458 -* FOOTHILL GROUP INC 2222066 #1 LOS ANGELES CA FINANCE CO
    459 –* FOOTHILL CAPITAL CORP 1558478 #458 LOS ANGELES CA FINANCE CO
    460 —* CONDOR INVESTMENTS LIMITED PARTNERSHIP 2462134 #459 MINNEAPOLIS MN
    461 —* FCC HOLDINGS LTD 2468015 #
    447 —* United New Mexico Real Estate Services Inc 1944727

    246 -* NORWEST LIMITED INC 1423549 TO #1 MINNEAPOLIS MN
    247 –* NORWEST GROTH FUND INC 1120802 TO #246 MINNEAPOLIS MN
    248 —*+ SPARTANICS, LTD 1255704 TO #247 ROLLING MEADOWS IL
    249 —*+ PORTLAND FOOD PRODUCTS CO 1687341 TO #247 PORTLAND OR
    250 —* + CAD-TEL SYSTEMS INC 1963456 TO #247 PHOENIX AZ
    251 —*+ DATAKEY INC 1963513 TO #247 BURNSVILLE MN
    252 —* + EMC CORPORATION 1963522 TO #247 SAINT PAUL MN
    EMC CORP MOVED TO NY? SOLD TO? JOINT VENTURE? EMC MORTGAGE CORP

    IS #252 RELATED TO ‘EMC MORTGAGE CORP?’ WHICH MOVED TO NY

    PAGE 14 OF 30
    253 TO 260
    MANAGEMENT GRAPHICS INC BLOOMINGTON MNNATIONAL PSYCHIATRIC CENTERS INC LONG BEACH CA
    NORWEST PIPE CO PORTLAND OR
    PERFORMANCE SEMICONDUCTOR CORP SUNNYVALE CA
    VEE CORP MINNEAPOLIS MN
    JEFFERSON PARTNERS LP MINNEAPOLIS MN
    COMMUNICATION PACIFIC BROADCASTING CORP SALINAS CA
    VARICAST INC PORTLAND OR

    ——————————————————————————–

    GMAC-RFC (RESIDENTIAL FUNDING CORP) DBT CO LTD OF NEW JERSEY FILE ATTACHED 6/30/2006

    #1 * GMAC LLC 1562859 DETROIT MICHIGAN, BANK HOLDING COMPANY AS OF 12/31/2008 PARENT.
    #154 -* GMAC MORGAGE GROUP LLC 3897340 DETROINT MI TO #1
    #156 –* RESIDENTIAL CAPITAL LLC (3899906) MINNEAPLIS MN #154

    Follow other direction now GMAC-RFC Holding, LLC (3900521) #156 Minneaplis MN (DOE)
    to #178

    178 —* GMAC-RFC Holding Company, LLC 3900521 #156 Minneapolis MN DOE
    179 —-*Residential Asset Mortgage Products, Inc. #178 Minneapolis MN DOE
    180 —-* Residential Asset Securities Corp 3901434 #178 Minneapolis MN DOE
    181 —* Residential Funding Company LLC 3901724 #178 Minneapolis MN DOE
    182 —-* Residential Funding Securities LLC 3628843 #181 Minneapolsi MN DOE
    183 —-* Homecomings Financial LLC 3901779 #181 Minneapolis MN DOE
    184 —–* Homecomings Financial Real Estate Holdings, LLC 3902084 #183 Minneapolis MN
    185 —-* Residential Funding Mortgage Exchange LLC #181 Minneapolis MN DOE
    186 —–* Residential Funding Real Estate Holdings, LLC 181 Minneaplis MN DOE
    187 —-* RFC Asset Holdings II, LLC 3902020 181 Minneapolsi MN
    188 —–* GMAC Mortgage Servicer Advance Funding Co LTD 3902815) #187 GeorgeTown Cayman Islands
    189 —–* RAHI A, LLC 3904631 187 Las Vegas NV
    190 ——* GmAC Mortgage Advance Funding Company LTD 3902815 George Town Cayman Islands
    191 ——* RAHI B LLC 3904659 187 Las Vegas NV
    192 —-* Foreign Obligation Exchange Inc 2002-HI4 #187 Cayman Islands
    193 —-# Foreign Obligation Exchange Inc 2002-HI5 to #187
    194 —–* FForeign Obligation Exchange Inc 2003-HI1 #187 Cayman Islands
    195 —–* Foreign obligation Exchange Inc 2003-HI2 187
    196 —–* Foreign Obligation Exchagne Inc 2003-Hi4 #187 Cayman Islands
    197 —–* Foreign Obligation Exchagne Inc 2004-Hil 187 Cayman Ilsands
    198 —–* Foreign Obligation Export Inc 3962743 #187

    199 —-* MFC Asset LLC 3902048 to #181 Minneapolsi MN
    200 —–* RFC Construction Funding LLC 3902057 to #181 Minneapolsi MN
    201 —-* Asset Lending Company II LLC 3902093 to #181 Minneaplis MN
    202 —-* GMAC RFC International Holdings Cooperatief UA 3902105 to #181 Den Haag Netherlands
    203 —–* GMAC Residential Funding of Canada Ltd to #202 3902141 Toronto CA
    204 —–* Canada Mortgage Acceptance Corp #203 Toronto CA 3902226
    205 —-* GMAC-RFC Europe Ltd 3902114 181 London UK to #181
    206 —–* GMAC-RFC Investmenets BV 3902123 to 205 Den Haag Netherlands
    skipping a bunch to
    217 —-* GMAC MODEL HOME FINANCE I, LLC 3902244 to #181 Minneapolis MN
    220 —–* CMH Holdings LLC 3902990 #217 New York NY
    222 —-* Equity Investment I, LLC 3902374 #181 Minneapolis MN
    223 —-* Equity Investment III LLC 3902392 to #181 Minneaplis MN
    223 —-# Equity Investment IV, LLC 3902431 #181 Minneapolis MN
    225 —–* Marbella Lakes Associates LLC 3962800 to #224 Minneaplis MN
    226 —-* Equityh Investmenet II LLC 3902468 #181 Minneapolis MN
    227 —-* GMAC Financiera SA DE CV SOCIEDAD Financiera De OBJ 3902486 #180 Monterrey Mexico
    228 —-* GMAC Hipotecaria SA DE CV Sociedad Financiera De Obj 3902486 #181 Monterrey Mexico
    229 —-* EPRE LLC 3902758 181 Minneapolis MN
    230 —-* RFC-GSAP Servicer Advance LLC 3902794 #181 Minneapolis MN
    231 —-* RFC Investmenet sLtd 3903979 181 Bracknell UK
    32 —–* RFC International LTD 3904574 #231 Bracknell UK
    233 —-* GMAC-RFC Holdings Ltd 3904033 #181 Bracknell UK
    234 —–* GMAC-RFC Property Finance Ltd 3904088 #233 London England
    235 —–* PRIVATE LABEL GROUP LIMITED 3904136 #233 LONDON UK
    236 —–* PRIVATE LABEL MORTGAGE SERVICES LIMITED 3904556 #235 LONDON UK
    237 – —-* GMAC-RFC LIMITED 3904469 #233 BURNLEY UK FOREIGN ENTITY
    ….

    ——————————————————————————–

    #178 —* GMAC-RFC HOLDING COMPANY, LLC (3900521) FLOWS TO #156, MINNAPOLIS MN (DEO)
    #156 –* RESIDENTIAL CAPITAL LLC (3899906) MINNEAPLIS MN #154
    #154 -* GMAC MORGAGE GROUP LLC 3897340 DETROINT MI TO #1
    #1 * GMAC LLC 1562859 DETROIT MICHIGAN, BANK HOLDING COMPANY AS OF 12/31/2008 PARENT.

    ——————————————————————————–

    GMAC-RFC Holding Company not registered under FFIEC until 12/2008 parent ‘RSSDID GMAC LLC 12/31/2008 RSSD ID 1562859.

    #88 DID ‘GMACI HOLDINGS LLC (3900240) SOUTHFIELD MI ‘DOMESTIC ENTITY OTHER’ #88 WHICH FLOWS DIRECTLY #88 -* TO #1* GMAC LLC GET REPLACED BY GMAC-RFC? OR IN ADDITION TO NEW MONEY FLOW?

    ——————————————————————————–

    GMAC BANK, ‘FICTITIOUS NAME’ REGISTERED IN PENNSLYVANIA, IS A BANK IN MIDVALE UT, A NON-MEMBER BANK RSSD ID 3284070 FLOWS TO # 83

    #83 -* IB FINANCE HOLDING COMPANY, LLC (3867147) BANK HOLDING COMPANY FLOWS TO GMAC LLC #1.
    #1 *

    ——————————————————————————–

    Attached is a report extracted from FFIEC.Gov Parent GMAC LLC which will reveal how money to/from flowed.

    Example#166 —–* GMAC MORTGAGE SERVICER ADVANCE FUNDING COMPANY LTD (3902815) Cayman Islands
    Money flowed to #165
    #165 —–* PASSIVE ASSET TRANSACTIONS,LLC, (3900491) TO #158 FORT WASHINGTON PA TO #158
    #158 —-* GMAC MORTGAGE, LLC (3900437) FORT WASHINGTON PA FLOWS TO #157
    #157 —* GMAC RESIDENTIAL HOLDING COMPANY LLC (3899915) LAS VEGAS NV TO #156
    #156 –* RESIDENTIAL CAPITAL LLC (3899906) MINNEAPLIS MN #154
    #154 -* GMAC MORGAGE GROUP LLC 3897340 DETROINT MI TO #1
    #1 * GMAC LLC 1562859 DETROIT MICHIGAN, BANK HOLDING COMPANY AS OF 12/31/2008 PARENT.

    ALLY FINANCIAL INC. (1562859) as of 12/31/2010

    Hierarchy report with the following institution types: HMDA Reporters

    7 Institution(s) Found.
    Seq Num Name (RSSD ID) Parent Seq Num City State / Country Institution Type
    1 ALLY FINANCIAL INC. (1562859) DETROIT MI Bank Holding Company
    2 -IB FINANCE HOLDING COMPANY, LLC (3867147) 1 DETROIT MI Bank Holding Company
    3 –* ALLY BANK (3284070), (0000057803 FDIC ALLY BK) 2 MIDVALE UT Non-member Bank
    4 -GMAC MORTGAGE GROUP LLC (3897340) 1 DETROIT MI Domestic Entity Other
    5 –RESIDENTIAL CAPITAL, LLC (3899906) 4 MINNEAPOLIS MN Domestic Entity Other
    6 —GMAC RESIDENTIAL HOLDING COMPANY LLC (3899915) 5 MINNEAPOLIS MN Domestic Entity Other
    7 —-* GMAC MORTGAGE, LLC (3900437), (4216200005 GMAC MORTGAGE LLC) 6 FORT WASHINGTON PA Domestic Entity Other

    Page 1 of 1

    * Institutions Matching Selection Rule
    + For purposes of Regulation Y, the top-tier reporter’s ownership level in this banking organization does not meet the definition of “control”; however, the ownership level does meet the FY Y-10/10F reportability criteria as this banking relationship is regulated by the Federal Reserve. ^ Although this relationship is not governed by U.S. banking statutes, it is included because it is of interest to the Federal Reserve.

    NIC Home | FAQ | Help | Contact Us

    Institution History for ALLY FINANCIAL INC. (1562859)

    6 institution history record(s) found.
    Event Date Historical Event
    1914-11-16 GENERAL MOTORS ACCEPTANCE CORPORATION located at 3044 WEST GRAND BLVD., DETROIT, MI was established as a Domestic Entity Other.
    1989-05-01 GENERAL MOTORS ACCEPTANCE CORPORATION changed from Domestic Entity Other to Finance Company.
    2006-07-20 GENERAL MOTORS ACCEPTANCE CORPORATION was renamed to GMAC LLC and moved to 200 RENAISSANCE CENTER DETROIT, MI.
    2008-12-24 GMAC LLC changed from Finance Company to Bank Holding Company.
    2009-06-30 GMAC LLC was renamed to GMAC INC..
    2010-05-10 GMAC INC. was renamed to ALLY FINANCIAL INC..

    prior 12/31/2006 Ally related to:

    You asked for:
    GMAC LLC

    This institution has been renamed (see Institution History). The current information is:
    ALLY FINANCIAL INC.
    200 RENAISSANCE CENTER
    DETROIT, MI, UNITED STATES 48265

    Institution Type: Bank Holding Company
    Primary Federal Regulator: FEDERAL RESERVE
    RSSD ID: 1562859

    Activity: SALES FINANCING

    GMAC LLC (1562859) as of 12/31/2006

    Hierarchy report with the following institution types: Commercial Bank, Cooperative Bank, Credit Union, Edge/Agreement Corporation, Financial Holding Company, Holding Company, Industrial Bank, Insurance Co. Broker/Agent/Underwriter, Nondepository Trust Company, Other Company, Savings Bank, Savings and Loan Association, and the Securities Broker/Dealer/Underwriter

    1 Institution(s) Found.
    Seq Num Name (RSSD ID) Parent Seq Num City State / Country Institution Type
    1 * GMAC LLC (1562859) DETROIT MI Finance Company

    FFIEC Parent ‘Ally Financial Inc’ only created

    Institution History for GMAC-RFC HOLDING COMPANY, LLC (3900521)

    1 institution history record(s) found.
    Event Date Historical Event
    2008-12-24 GMAC-RFC HOLDING COMPANY, LLC located at MINNEAPOLIS, MN was established as a Domestic Entity Other.

    GMAC-RFC HOLDING COMPANY, LLC
    MINNEAPOLIS, MN, UNITED STATES 55423

    Institution Type: Domestic Entity Other

    RSSD ID: 3900521

    ——————————————————————————–

    Institutions Acquired by ALLY FINANCIAL INC. (1562859)
    View additional information for an institution by selecting that institution.

    2 Institution(s) Found

    Name (RSSD ID) Acquisition Date Description
    ALLY LONG-TERM INCENTIVE PLAN LLC (3900129) 2010-12-31 The acquired institution sold its assets to the acquiring institution.
    PREFERRED BLOCKER INC. (3899616) 2009-10-16 The acquired institution sold its assets to the acquiring institution.

    ——————————————————————————–

    CHASE MANHATTN CORPORATION RSSD ID 1039502

    #116Y9 -* CHASE MORTGAGE FINANCE CORP 1900947 #1 EDISON NJ

    #1148 —–* CHASE MANHATTAN MORTGGAE CORPORATION 1612400 #1147 EDISCON NJ
    #1147 —-* MARGARETTEN FINANCIAL CORP 2397290 #1122 EDICSONNJ
    #1122 —* CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION 489913 #1106 WILMINGTON DE NATIONAL BANK
    #1106 –* CBC HOLDING (DELAWARE) INC 1022924 #1083 WILMINGTON DE BANK HOLDING CO
    #1083 -* TEXAS COMMERCE EQUITY HOLDINGS, INC 1832132 #1 WILMINGTON DE BANK HOLDING CO
    #1 * CHASE MANHATTAN CORP NEW YORK ,NY BANK HOLDING CO

    BROWN & COMPANY SECURITIES CORP 1040601 BOSTON MA ‘SECURES BROKER DEALER

    #81 —* CHEMICAL MORTGAGE ACCEPTANCE CORP 1647617 #79 NEW YORK FINANCE COP
    #79 –* CHEMCIAL ACCEPTANCE CORP 1646160 #17 NEW YORK NY FINANCE CO
    #17 -* CHASE MANHATTAN BANK 852218 #1 NEW YORK STATE MEMBER BANK
    31 * CHSE MANHATTAN CORP NEW YORK NY BANK HOLDING CO 1039502

    ——————————————————————————–

    4 institution(s) matched the specified criteria.

    To view additional information for an institution, select that institution.

    Name (RSSD ID) City State/ Country Institution Type As of Date
    CHASE MANHATTAN MORTGAGE & REALTY TRUST (1543308) NEW YORK NY Domestic Entity Other 1980-07-06
    CHASE MANHATTAN MORTGAGE CORPORATION (1612400) EDISON NJ Domestic Entity Other 2004-12-31
    CHASE MANHATTAN MORTGAGE CORPORATION (2236465) TAMPA FL Domestic Entity Other 1996-03-31
    CHASE MANHATTAN MORTGAGE HOLDINGS, INC. (2161585) TAMPA FL Domestic Entity Other 1999-05-03
    institution has been acquired (see Institution History). The current information is:
    CHASE MANHATTAN MORTGAGE CORPORATION
    343 THORNALL STREET
    EDISON, NJ, UNITED STATES 08837

    Institution Type: Domestic Entity Other

    RSSD ID: 1612400
    Institution History for CHASE MANHATTAN MORTGAGE CORPORATION (1612400)

    5 institution history record(s) found.
    Event Date Historical Event
    1993-05-03 MARGARETTEN & COMPANY, INC. located at 205 SMITH STREET, PERTH AMBOY, NJ was established as a Domestic Entity Other.
    1994-09-28 MARGARETTEN & COMPANY, INC. was renamed to CHEMICAL RESIDENTIAL MORTGAGE CORPORATION.
    1994-12-19 CHEMICAL RESIDENTIAL MORTGAGE CORPORATION moved to 343 THORNALL STREET EDISON, NJ.
    1996-04-01 CHEMICAL RESIDENTIAL MORTGAGE CORPORATION was renamed to CHASE MANHATTAN MORTGAGE CORPORATION.
    2005-01-01 CHASE MANHATTAN MORTGAGE CORPORATION was acquired by CHASE HOME FINANCE LLC.

    Institution History for CHASE HOME FINANCE LLC (3330025)

    2 institution history record(s) found.
    Event Date Historical Event
    2005-01-01 CHASE HOME FINANCE LLC located at ISELIN, NJ was established as a Domestic Entity Other.
    2011-05-01 CHASE HOME FINANCE LLC was acquired by JPMORGAN CHASE BANK, NATIONAL ASSOCIATION.

    This institution has been acquired (see Institution History). The current information is:
    CHASE HOME FINANCE LLC
    ISELIN, NJ, UNITED STATES 08830

    Institution Type: Domestic Entity Other

    RSSD ID: 3330025

    JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
    1111 POLARIS PRKWY
    COLUMBUS, OH, UNITED STATES 43240

    Institution Type: National Bank
    Primary Federal Regulator: OCC Insurance: FDIC/DEPOSIT INSURANCE FUND
    RSSD ID: 852218 FDIC Certificate #: 628
    Routing Transit Number (RTN): 021000021
    Activity: COMMERCIAL BANKING

  4. ian,

    I second Carie —

    The media? You hit the nail on the head.

  5. 1/1/2009 RECONTRUST COMPANY, NATIONAL ASSOCIATION FLOWED TO/FROM COUNTRYWIDE BANK FEDERAL SAVINGS BANK TO EFFINITY FINANCIAL CORP TO BANK OF AMERICA CORPORATION. ASSETS RECONTRUST ACQUIRED BY BANK OF AMERICA.

    Recontrust Company, National Association
    1800 Tapo Canyon Rd
    Simi Valley, CA 93063
    Non-Deposit Trust Company – Member
    RSSDID 3313943
    FDIC Certificate #58026
    RTN 122243907
    Activity, Trust, Fiduciary and Custody Activities
    OCC Primary Regulator

    Non-Depository Trust Company: Accepts and executes trusts, but does not issue currency. Non-Depository Trust Companies can either be Federal Reserve Members or Federal Reserve Non-members.

    BAC ‘Acquired’ RECONTRUST COMPANY – DOMESTIC ENTITY OTHER ON JUNE 1ST, 2009.

    RECONTRUST COMPANY ASSETS SOLD TO ‘ACQUIRING INSTITUTION’ BANK OF AMERICA CORPORATION.
    1/4/2005 Established as Non-deposit Trust Company – Member 225 West Hillcrest Dr. Thousand Oaks, CA and moved to address above 7/1/2010

    As of last date RECONTRUST COMPANY RSSD ID 3703870 reported 05/31/2009 (Report ran 8/13/2011) Parent Bank of America Corporation.

    Recontrust Company, National Assocaition, RSSD ID 3313943, Thousand Oaks, CA, a Non-deposit Trust Company Member

    US DOLLARS ‘DEPOSITS’ flows to/from

    Bank of America, National Association, Charlotte, NC,
    National Bank, RSSD ID 480228

    BANA HOLDING CORPORATION, Charlotte NC –
    Financial Holding Company – Domestic RSSD ID 1379552

    BAC North America Holding Company Charlotte NC,
    Financial Holding Company Domestic RSSD ID 1379552

    NB HOLDINGS CORPORATION Charlotte, NC Financial Holding Company Domestic RSSD ID 2173092
    ‘NB’ Nations Bank AND/OR Nationsbanc

    PARENT FLOWS DOWN TO/FROM
    Bank of America Corporation, Charlotte NC –
    Financial Holding Company Domestic RSSD ID 1073757

    RECONTRUST ‘TRUSTEE AUCTIONS’

    ‘Foreclosure Search by Price’ $ Zero to $Million

    California 31,073 properties listed for Trustee Sale.

    State Number of Properties
    Alaska 101
    Arizona 9733
    California 31073
    Idaho 944
    Mississippi 321
    Montana 553
    Nebraska 50
    Nevada 2953
    Oregon 5769
    Tennessee 449
    Texas 3328
    Utah 493
    Virginia 824
    Washington 1705

    BANK OWNED OR REAL ESTATE OWNED SALES:
    Search Results
    CALIFORNIA 4,701 TRUSTEE sold properties.
    Alaska 11
    Arizona 1596
    Arkansas 38
    California 4701
    Idaho 173
    Mississippi 73
    Montana 54
    Nebraska 18
    Nevada 1046
    Oregon 196
    Tennessee 104
    Texas 295
    Utah 164
    Virginia 223
    Washington 214

    RECONTRUST and you’ll see to look at the upcoming sale you need the ‘TS#’.

    ReconTrust Company, N.A. is a wholly-owned subsidiary of Bank of America, N.A. Bank of America, N.A. Member FDIC. Equal Housing Lenders

    Foreclosure Processing and Default Services:
    Knowledge. Experience. Excellence

    Rising foreclosure activities can be a distraction for any servicer. If you’re not positive your business is prepared to handle the rising numbers, let’s talk. ReconTrust’s default management services could take the weight off your operations, so you can focus on your core business.

    A partner you can rely on. Are you looking for a focused default services partner with a reputation for integrity, flexibility and quality? Look no further than ReconTrust Leverage our mortgage industry expertise and our nationwide network of partner law firms, and allow us to deliver a high level of compliance, technology, customer service and efficiency to your organization

    ReconTrust Company, N.A. is a wholly-owned subsidiary of Bank of America, N.A. Bank of America, N.A. Member FDIC. Equal Housing Lenders

    When it comes to foreclosures, timing is everything. Unresolved matters cost your organization precious time and money. Leave it to ReconTrust to provide timely foreclosure and default solutions with exceptional levels of service ReconTrust: Your nationwide partner for non-judicial foreclosure processing and default services.

    RECONTRUST, in 16 states
    Special Release Services
    1800 Tapo Canyon Road,
    Simi Valley, CA 93063
    Mail Stop: CA6-914-01-02

    Our offerings include:

    •Foreclosure services in non-judicial states:

    We currently offer foreclosure trustee services in Alaska, Arizona, Arkansas, California, Hawaii, Idaho, Mississippi, Montana, Nevada, Nebraska, Oregon, Tennessee, Texas, Utah, Virginia, and Washington with plans for expansion into additional non-judicial jurisdictions.

    •Compliance standards that adhere to stringent regulatory requirements: We are held to Federal Reserve, Office of the Comptroller of the Currency (OCC), as well as Sarbanes-Oxley corporate governance requirements.

    •Customer service: Our goal is providing customized solutions for your business, with unmatched customer support.

    •Strategic alliances with partner law firms: Our extensive law firm partner and vendor network allows us to provide superior service and access to an array of knowledgeable experts.

    •Technology: Our proprietary systems integrate seamlessly with your existing interface. Refer single or multiple files to us, check for updates, and create status reports with ease-all from your desktop.
    A proven track record.

    When you partner with ReconTrust, you leverage the technological resources, operational scale and financial strength of one of the largest default service providers in the nation. Our track record includes:

    •Exceptional state level time line compliance ratios

    •An average of 16-plus years of senior management tenure in the mortgage industry

    Rising foreclosure activities can be a distraction for any servicer. If you’re not positive your business is prepared to handle the rising numbers, let’s talk. ReconTrust’s default management services could take the weight off your operations, so you can focus on your core business.

    ReconTrust Company, N.A. is a wholly-owned subsidiary of Bank of America, N.A.
    Bank of America, N.A. Member FDIC. Equal Housing Lenders Some products may not be available in all states.

    2009 Bank of America Corporation. All rights reserved.

    The information on this web site regarding foreclosures in process and foreclosure sale dates and times is provided as a courtesy only. It may not be the most current information available as these dates and times can change. In addition, unaffiliated companies or web sites may report on ReconTrust’s business activities. For the most current information regarding ReconTrust’s business, please contact the servicers, trustees, or other contacts listed in any written notices you may have received or contact ReconTrust directly at (800) 281-8219 or by mail at 1800 Tapo Canyon Road, Simi Valley, CA 93063.

    We provide foreclosure services in 16 states.
    The following states have properties listed for Trustee Sale.

    Alaska
    Arizona
    Arkansas
    California
    Idaho
    Mississippi
    Montana
    Nebraska
    Nevada
    Oregon
    Tennessee
    Texas
    Utah
    Virginia
    Washington

    FEDERAL RESERVE SYSTEM NATIONAL INFORMATION CENTER ‘A REPOSITORY OF FINANCIAL DATA AND INSTITUTION CHARACTERISTICS COLLECTED BY FEDERAL RESERVE SYSTEM.

    Institutions Acquired by RECONTRUST COMPANY, NATIONAL ASSOCIATION (3313943)
    View additional information for an institution by selecting that institution.

    1/1/2009 RECONTRUST COMPANY, NATIONAL ASSOCIATION,
    THOUSAND OAKS CA
    NON-DEPOSIT TRUST CO-MEMBER
    US DOLLARS FLOW TO/FROM

    COUNTRYWIDE BANK, FSB (1469211), ALEXANDRIA VA, ‘FEDERAL SAVINGS BANK’

    TO /FROM

    EFFINITY FINANCIAL CORP (2934819) ALEXANDRIA VA, DOMESTIC ENTITY OTHER TO
    BANK OF AMERICA CORPORATION PARENT #1 FINANCIAL HOLDING COMPAN-DOMESTIC.

  6. 2/6/06

    • Old FIS merged into one of our wholly owned subsidiaries;

    • the shares of Old FIS common stock were converted into the right to receive shares of our common stock;

    • we changed our name from “Certegy Inc.” to “Fidelity National Information Services, Inc.”, and changed our New York Stock Exchange trading symbol from “CEY” to “FIS”; and

    “$3.8 trillion, and over 235 million deposit accounts and non-mortgage consumer loans and leases are processed on our core bank processing platform. We also provide customized business process outsourcing related to aspects of the origination and management of mortgage …”

    “Additionally, we currently are engaged in significant efforts to upgrade two of our most important applications: our core bank processing software and our mortgage processing software. These applications were acquired upon our acquisition of FI from Alltel Information Services, Inc. in 2003. We spent the period immediately following the acquisition discussing with key customers the changes that they would like to see made in those products. In 2004, we began the development work to implement changes required to keep pace with the marketplace and the requirements of our customers. Including amounts already spent, we expect to spend approximately $60.0 million on the development of our mortgage servicing platform”

    What is Fidelity Acceptance Holding, Inc. dba Norwest Financial Inc., renamed 7/1/2000 to Wells Fargo Financial Inc. and
    Fidelity Acceptance Corp (Parent Wells Fargo & Co)
    Federal Reserve System currency flows to/from Norwest Financial Inc. RSSD ID 1141991, to/from Norwest Financial Services, Inc. RSSD ID 2250313, to Wells Fargo & Co. Parent #1120754 then a Bank Holding Company.

    And relationship with FIS? What is the ‘Unique’ Business Model, John Stumpf, Howard Atkins, Dick Kovacevich, Pete Wissinger, Mark Oman, David Hoyt speak of? Just that they make money whether BULL or BEAR Market. One makes money during Originations (Loans) other makes money during (SERVICING). WHY DO THEY SPEAK OF THEIR ‘UNIQUE’ MODEL BEFORE ‘COMMERCIAL CLIENTS’ THEY WANT AS THEIR CLIENTS?

    1997-08-18 FIDELITY ACCEPTANCE HOLDING, INC.
    located at 206 8TH STREET, DES MOINES, IA was established as a Finance Company.
    Through 2003-12-31 FIDELITY ACCEPTANCE HOLDING, INC. was acquired f206 8th Street, Des Moines IA RSSD ID 2618502
    Wells Fargo Financial, 800 Walnut St, Des Moines IA RSSD ID 1141991

    Institution History for WELLS FARGO FINANCIAL, INC. (1141991)
    1982-08-31 NORWEST FINANCIAL, INC. located at DES MOINES, IA was established as a Domestic Entity Other.
    1987-01-01 NORWEST FINANCIAL, INC. moved to 206 EIGHTH STREET DES MOINES, IA.
    1987-06-01 NORWEST FINANCIAL, INC. changed from Domestic Entity Other to Bank Holding Company.
    2000-07-01 NORWEST FINANCIAL, INC. was renamed to WELLS FARGO FINANCIAL, INC..
    2002-12-10 WELLS FARGO FINANCIAL, INC. moved to 800 WALNUT STREET DES MOINES, IA.

    FIDELITY ACCEPTANCE CORPORATION located at 330 2ND AVENUE SOUTH, SUITE 790, MINNEAPOLIS, MN was established as a Domestic Entity Other.
    1995-08-21 FIDELITY ACCEPTANCE CORPORATION moved to 1100 MAIN STREET, SUITE 2350 KANSAS CITY, MO.
    1997-08-31 FIDELITY ACCEPTANCE CORPORATION moved to 206 8TH STREET DES MOINES, IA and changed from Domestic Entity Other to Finance Company.
    1999-12-30 FIDELITY ACCEPTANCE CORPORATION was acquired by COMMUNITY CREDIT CO..

    ACTIVE: WELLS FARGO FINANCIAL ACCEPTANCE LLC ‘FINANCE CO’ DES MOINES IA 50309 RENAMED:

    FIDELITY ACCEPTANCE CORPORATION located at 330 2ND AVENUE SOUTH, SUITE 790, MINNEAPOLIS, MN was established as a Domestic Entity Other.
    1995-08-21 FIDELITY ACCEPTANCE CORPORATION moved to 1100 MAIN STREET, SUITE 2350 KANSAS CITY, MO.
    1997-08-31 FIDELITY ACCEPTANCE CORPORATION moved to 206 8TH STREET DES MOINES, IA and changed from Domestic Entity Other to Finance Company.
    1999-12-30 FIDELITY ACCEPTANCE CORPORATION was acquired by COMMUNITY CREDIT CO..

    NORWEST TO BUY FIDELITY ACCEPTANCE FROM BANKBOSTON
    Published: June 24, 1997Sign In to E-Mail

    The Norwest Corporation agreed to buy the Fidelity Acceptance Corporation, the BankBoston Corporation’s auto finance company, for $340 million. Norwest, based in Minneapolis, will repay BankBoston $800 million in outstanding debt obligations. BankBoston expects an after-tax gain of about $40 million. The bank had a previous deal to sell Fidelity to the Mercury Finance Company for $392 million in Mercury stock, until accounting irregularities pushed Mercury close to bankruptcy. A bank spokeswoman said the purchase price was lower this time because the transaction with Mercury was a stock transfer. She also said the auto finance market had changed as a result of Mercury’s problems.

    Notice Of Proposed Class Action Settlement And Hearing (15 KB)
    IN THE CIRCUIT COURT OF WASHINGTON COUNTY, ALABAMA TOMMI AND R. C. COATES, et al., : : Plaintiffs, : : v. :CV-94-048(M) : FIDELITY ACCEPTANCE CORPORATION and : FIDELITY FINANCIAL SERVICES, INC. : : Defendants. : NOTICE OF PROPOSED CLASS ACTION SETTLEMENT AND HEARING YOU MAY HAVE BEEN CHARGED BY FIDELITY ACCEPTANCE CORPORATION OR BY FIDELITY FINANCIAL SERVICES, INC. FOR INSURANCE

    NORWEST ACQUIRED FIDELTIY ACCEPTANCE FROM BANKBOSTON JUNE 24,1997.

    ? PARENT BANKBOSTON CORP BANK OF AMERICA

  7. FIS Serve was speculated = Originator for Freddie Mac listed as of 7/19/2011 Vendor

    4/1/2001: Microsoft stated it continues to have multifaceted relationships with both J.P. Morgan Chase and GMAC-RFC. As such, they are also working with Microsoft on the sale of the mortgage division. Both partners remain interested in the future direction of this technology, and both J.P. Morgan Chase and GMAC-RFC, along with Freddie Mac and more than 50 mortgage customers (lenders like J.P. Morgan Chase and GMAC-RFC), are currently using the mortgage technology in their daily business operations. To what extent each will remain a partner in the venture, however, is unknown at this point. “It’s possible that J.P. Morgan Chase could buy [the Tuttle platform], ” J.P. Morgan Chase or GMAC-RFC to buy the solution and make it an external platform also would be difficult for either lender to sustain.

    Purchasing the lending platform portion of HomeAdvisor Technologies is not out of the question for Freddie Mac, according to Beidl. This could finally give the industry giant the control that it needed to make HTI successful in the first place.

    Beidl says the platform would be a sensible addition to Freddie Mac’s GoldWorks [R]. The only question is whether Freddie Mac’s charter would permit it to buy the platform and whether it would be willing to face the industry scrutiny that would certainly accompany such a purchase. Although the GSE has made acquisitions in the past, including the purchase of a real estate–owned (REO) property management firm, HTI already has proven a sensitive subject for Freddie Mac.

    The GSEs hedge their bets …

    In the absence of a buyer emerging from among the current equity partners, other technology vendors could serve as potential acquirers.

    A mortgage industry provider that understands the lending process, like an EDS, is a good possibility, Beidl says. And companies such as ALLTEL and

    Fiserv could also use a strong secondary market technology solution, according to Beidl. If a provider can purchase the unit and maintain a relationship with Microsoft Network without having Microsoft control the venture, such a purchase would be very worthwhile and likely could be much more successful than HTI.

    “Microsoft can let it go for a good price and still maintain a relationship or equity interest,” Beidl says. “Microsoft is skilled in providing general business applications. I don’t know that you can say, ‘If they can’t do it, it can’t be done.'”

    What comes next?

    The restructuring of HTI would make Freddie Mac’s relationship with Microsoft more like its relationship with the LendingTree Web site and Fannie Mae’s arrangement with competing home-buying portal Homestore. Beidl says that both GSEs watch other technology providers carefully and have learned from the failure of several dot-com companies. Freddie Mac’s struggle with such a major technology endeavor also could have played a role in Fannie Mae’s recent creation of its own e-commerce initiative.

    “In some sense, the agencies have the same job and the same goals,” Beidl says. “Each very carefully observes what the other is doing.”

    Although both Microsoft and Freddie Mac confirm that the original agreement among all partners will be renegotiated,

  8. Ratings please. Did Microsoft & Freddie Mac’s investment in technology dramatically improve the way homes are financed, bought, sold and maintained as claimed in 2000 and HTI breakup in 2001. A series of unfortunate events in which Microsoft wanted to control the banks as owner. A buyer of the platform could be a large lender. Was it?

    The technology offered by HTI is not starkly different than what’s already available in the mortgage market, and any one of the large brick-and-mortar banks could easily purchase the lending platform.

    Chase & Freddie long relationship includes The US Trust Corp who acquired Chase Manhattan Mortgage 1993 and the Processing division was separated.

    Chase . com and J.P. Morgan Chase, which purchased technology from Microsoft prior to the creation of HTI, is a leading candidate for such a purchase, was it them?

    “The fact that they are selling it to one lender [rather than to several equity partners] won’t slow the rate of adoption in the industry. It may come down to the fact that there are existing investors who are familiar with the technology and have already begun to integrate it,” Karris says. “My belief is that the HTI underwriting system can exist with other technologies.”

    According to Karris, J.P. Morgan Chase could easily integrate HomeAdvisor Technologies’ platform into its own transaction management platform without having to manage it themselves. The benefit to the lender would be exclusive access to consumers who access home-buying information on the HomeAdvisor.com Web site.

    Formed in March 2000 and backed by Microsoft Corp., HomeAdvisor Technologies (HTI) promised to dramatically ‘improve’ and consists of three divisions focused on delivering the tools and services necessary to revolutionize the real estate and mortgage transaction while delivering significant time and cost savings to consumers as well as real estate and mortgage professionals.

    Mortgage Technology Propels HTI … the Internet’s most complete guide to everything about the home, launched its redesigned site (original launch in July 1998).

    A rocky union from the start

    To make up for its lack of industry experience, Microsoft solicited four major lenders as equity partners in the venture: J.P. Morgan Chase; GMAC-RFC; Wells Fargo Home Mortgage (the former Norwest Mortgage), Des Moines; and Bank of America, Charlotte, North Carolina. In addition, the company signed Freddie Mac as a major technology partner and acquired mortgage-technology provider Tuttle Decision Systems as the foundation for the platform. At the time of the announcement in March 2000, officials at Microsoft said they understood the importance of industry expertise in the venture.

    But the marriage was shaky from the beginning.

    Freddie Mac, arguably the most valuable resource and key to the adoption of any technology produced by the venture, would contribute technology to HomeAdvisor Technologies and hold what the announcement described as a “financial interest” in the venture. Whether or not Freddie Mac held an equity stake was a point of contention among many in the industry, especially small lender groups that criticized the government-sponsored enterprise (GSE) for signing on to a venture that would give large lenders such a distinct and exclusive advantage in the market. Only a few weeks before announcing its role in HTI, on February 29, 2000,

    Freddie Mac signed an agreement with CUNA Mutual Mortgage to provide credit unions with access to loan decisions through Loan Prospector[R] on the Internet. Although the agreement enables small lenders to access the same technology as was being committed to HTI, small banking groups still pounded Freddie Mac for its role in the arrangement, challenging its financial interest in the venture as beyond its charter restrictions.

    In a June 2000 statement, America’s Community Bankers (ACB), Washington, D.C., said it had asked both the Department of Housing and Urban Development (HUD) and the Office of Federal Housing Enterprise Oversight (OFHEO) to examine the advantages larger-volume seller-servicers dealing with both Freddie Mac and Fannie Mae may have over other lenders. Smaller lenders have been excluded from partnering in the HTI program, according to ACB, which also asked HUD to examine the mission appropriateness of Freddie Mac’s arrangement and asked OFHEO to analyze safety and soundness issues.

    small banks jumped on Microsoft for its role in the arrangement, challenging its financial backing for the venture and requesting that the GSE open the alliance to all lenders. However, with no equity stake, Freddie appeared to have little control over many aspects of HTI, including its major technology partner.

    In light of its initial problems, sources say the dissolution of HTI did not come as a complete surprise. The venture was struggling and that a restructuring in its future. Microsoft announced that the venture would be available exclusively to its large lender partners, Freddie Mac appeared unable to respond to requests from small lender groups to open the venture. And the absence of two of the venture’s original equity partners–Bank of America and Norwest/Wells Fargo–when HTI closed its $100 million initial round of equity funding Microsoft subsequently named a new chief financial officer to the venture.

    Freddie Mac is the 900-pound gorilla when it stepped into the ring with Microsoft

    Criticism about Freddie Mac’s financial interest in HTI quieted after OFHEO denied the request from America’s Community Bankers to investigate the arrangement, sources say its lack of equity was precisely what put the GSE in a poor position to control the direction of the company and its technology development–something Microsoft sorely needed.

    Did Freddie make an equity investment that would have given them control with a different partner?

    April 1st, 2001 Laura Doster reported on a Sunday about
    THE BREAKUP OF HomeAdvisor Technologies
    WITH THE REPORTED BREAKUP OF ITS MUCH-BALLYHOOED HOME-Advisor [TM] Technologies venture, Microsoft [R] confirmed that even a technology giant needs the help of some mortgage experts to successfully tap the online mortgage industry.

    In information released in February by its public relations firm, Microsoft revealed that it is folding its HomeAdvisor.com consumer portal and Realty Desktop [R] technology into Microsoft Network (MSN) and is divesting itself of the mortgage technology business.

    Divesting – restructuring – sold to …. acquired HTI (HomeAdvisor Technologies Inc.) …

    Was it a temporary relief for many small lenders that opposed the venture because of the involvement of Freddie Mac and the exclusivity of the arrangement. Industry sources say the venture

    Other partners in the venture did not comment on the restructuring,
    familiar with the terms of the strategic alliances

    For now, it appears that Microsoft is content to focus its energy on the real estate industry by increasing the content and home-listing material available on its HomeAdvisor.com site and developing more technology products like Realty Desktop for Realtors. ”

    Microsoft is divesting itself of the mortgage platform division and says it is working with Freddie Mac, New York-based J.P. Morgan Chase and Minneapolis-based GMACRFC, which still hold an equity stake in HTI, to find a strategic buyer for the mortgage portion of HTI.

    Sources say the remaining equity partners will have to decide how to make the venture work with a new buyer and the same technology that was initially produced or acquired by HTI, or abandon the venture altogether.

    HomeAdvisor Technologies consisted of three divisions: the HomeAdvisor.com division, the Productivity Tools division and the Transaction Platform division. The first division included Microsoft’s own consumer portal and Internet technology, while the Transaction Platform division relied mainly on technology from Microsoft’s acquisition of Tuttle Decision Systems, Inc., a mortgage technology provider based in Mill Valley, California, and from Freddie Mac.

    The Productivity Tools division included the company’s own Realty Desktop product. Created by Microsoft and unveiled in February 2000, Realty Desktop is still the only product included in this division, according to Microsoft. The solution helps real estate professionals generate new leads and manage existing customers after the home sale has closed. In addition, Realty Desktop helps agents automate other tasks associated with real estate transactions and access additional homeownership services. In announcing HTI, Microsoft stated the goal of this division was to develop new technology for real estate professionals built on technology used in the Transaction Platform division.

    By meeting the individual division goals, Microsoft planned to build a technology platform that would enable real estate and mortgage professionals to automate the entirety of their business by integrating all the technology produced by the venture. By combining business on a single platform, major lenders also could achieve a scale that would enable them to strike discount deals with major vendors–a strategic advantage over smaller loan providers.

    Sources close to the venture say the intention was a win-win for all parties, but the plan fell apart when Microsoft was unable to reconcile the different technologies and partners.

  9. FIS a former subsidiary of Fideltiy National Financial (FNF) was spun off 2006 now repurchasing stock under agreement.

    Fact of the matter any Large and Mid-size Institutions who want to conduct business with INVESTOR ‘Freddie Mac’ and its UNIFORM COLLATERAL DOCUMENT PROCESSING of Loan applications and Appraisals and ‘Authorized Lender Admin and Invited Users’ must be in agreement of other integrated suppliers. FIS is the only authorized vendor under ORIGINATION on Fannies’ 7/19/2011 list.

    FIS traces its roots to the 1960s, with the inception of data processing operations at Marshall & Ilsley (M&I Bank) in 1964 and the launch of the Systematics core banking solution in 1968.

    A former subsidiary of Fidelity National Financial (FNF), FIS was spun off into a separate, publicly traded and NYSE-listed company (NYSE:FIS) in 2006.

    FIS is a member of the Standard and Poor’s (S&P) 500 Index.

    FIS has processing and technology relationships with 40 of the top 50 global banks, including nine of the top 10.

    FIS supports the success of more than 14,000 financial institutions in over 100 countries through its global workforce of more than 30,000 strong.

    FIS boasts 27 strategic operating centers outside of the United States.

    FIS is a leading provider of core banking solutions in North America, Europe and Asia.

    FIS is a leading provider of third-party card processing in Brazil, Australia, New Zealand and Thailand.

    FIS has been a perennial leader in the annual FinTech 100 rankings by American Banker and Financial Insights.

    Hmmmmmm. American Banker, and affilaites ….

    FIS Market Penetration
    FIS’ financial technology solutions support more than 2,250 core processing customers, more than 320 million items processed through our branch capture network and new account risk management, and deposit screening services to more than 8,700 financial institutions.

    FIS was ranked the #1 mobile banking provider by ABI Research in 2009.

    FIS has approximately 6,000 financial institutions participating in the nation’s first operational image exchange network.

    Globally, FIS supports more than 70 million credit card accounts, nine million loyalty accounts, 125 million debit cards, 301,500 ATMs and nearly two million POS locations through its NYCE nationwide EFT/PIN-debit network.

    FIS is at the forefront of the Loyalty market with more than 6,000 debit, credit and checking account loyalty and rewards programs.

    FIS processes nearly 70 million prepaid cards annually.

    In 2008, FIS processed more than 280 million e-bill payments.

    In 2008, FIS processed more than 100 million prepaid card transactions, representing more than $7.5 billion in value.

    NEWS on FIS website:
    FIS to Commence Share Repurchases
    JACKSONVILLE, Fla., August 4, 2011 – FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, today announced plans to begin repurchasing shares of common stock under its existing share repurchase authorization. The announcement follows today’s earlier statement by FIS that it is no longer engaged in discussions regarding a potential acquisition of Misys PLC.

    Approximately 13.6 million shares remain available for repurchase under the existing authorization that was approved by the company’s Board of Directors on February 4, 2010. FIS may make purchases in the open market at prevailing market prices or in privately negotiated transactions at the discretion of management, subject to its assessment of market conditions and other factors.

    “We believe that share repurchases represent a very attractive use of capital at this time,” stated Frank Martire, president and chief executive officer of FIS. “This action clearly indicates our confidence in the continued success of FIS and is consistent with our strategy to effectively deploy capital to fund growth initiatives, manage financial risk and return value to our shareholders.”

    About FIS
    FIS (NYSE: FIS) is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. FIS is ranked 426 on the Fortune 500, is a member of Standard & Poor’s 500® Index and consistently holds a leading ranking in the annual FinTech 100 list. For more information about FIS, visit http://www.fisglobal.com

    FNF clearly merged with Landamerica, Commonwealth, Lawyers TItle Services back in 1996 integrating all of the existing bank attorneys, real estate attorneys, title and settlement agents and agencies, insurance agents, brokers, dealers, distributors, appraisers, etc.

    MORE ‘history’ relating Lawyers TItle Services and FNF and FIS

    For Release: February 24, 1998

    LAWYERS TITLE CORPORATION AGREES TO DIVEST

    12 “TITLE PLANTS” TO SETTLE FTC CHARGES THAT MERGER WOULD REDUCE COMPETITION

    The Federal Trade Commission today announced that it was publishing for public comment a proposed consent order with Lawyers Title Corporation (LTC) that would require the company to divest title plants in 11 localities in three states and in the District of Columbia. The divestiture would settle FTC charges that LTC’s proposed acquisition of the title insurance operations of Reliance Group Holdings, Inc., including Reliance Group’s indirect subsidiaries Commonwealth Land Title Insurance Company and Transnation Title Insurance Company, would reduce competition in local markets for title plant services. Title plant services are used in underwriting title insurance and for other purposes in the real estate industry.

    “Title plants provide a service that many realtors, consumers and others rely upon when buying real estate. The divestitures that would be required in this case will ensure that these services are provided at competitive prices,” said William J. Baer, Director of the FTC’s Bureau of Competition.

    Title plants are privately-owned collections of real estate title information obtained from public records that can be used to conduct title searches or otherwise determine the ownership of real estate and other property. Title plants permit users to research property ownership information more quickly than by consulting the original public records, which may be located in a number of separate public offices — for example, in offices of the county recorder, tax collector, and state and federal courts. Because of the county-specific way in which title information is generated and collected and the highly local character of the real estate markets in which the title plant services are used, geographic markets for title plant services are highly localized, consisting of the county or other local jurisdiction embraced by the real property information contained in the title plant.

    The FTC’s analysis found that the acquisition would be likely to reduce competition in title plant services in the following local areas: the District of Columbia; Brevard, Broward, Clay, Indian River, St. Johns, St. Lucie, and Pasco Counties in Florida; Ingham, Oakland, and Wayne Counties in Michigan; and St. Louis City and County in Missouri.

    According to the agency’s complaint, in each of these counties or local jurisdictions, the market for title plant services is highly concentrated and LTC and the Reliance Group are direct competitors. The complaint also alleges that because of high fixed costs, entry into the market for title plant services in each of these areas is difficult and unlikely to occur at a sufficient scale to deter or counteract the anticompetitive effect of the acquisition. Therefore, the complaint alleges that the effect of LTC’s acquisition of the Reliance Group may be to lessen substantially competition in these locations.

    The proposed consent order would require LTC to divest the pre-acquisition title plant interests of either LTC or Reliance Group in each locality to a buyer or buyers approved by the Commission within six months of the consent order being signed. In addition, the proposed order would require LTC to maintain the viability and marketability of the title plants until the divestiture is completed.

    The Commission vote to publish the proposed consent order for public comment was 4-0, with Commissioner Mary L. Azcuenaga not participating.

    An announcement regarding the proposed consent agreement will be published in the Federal Register shortly. The agreement will be subject to public comment for 60 days, after which the Commission will decide whether to make it final. Comments should be addressed to the FTC, Office of the Secretary, 6th Street and Pennsylvania Avenue, N.W., Washington, D.C. 20580.

    There is more but the ‘connector’ of the open system platform who licenses from FCC the commercial and members license private channels is Microsoft.

    The announcement of FREDDIE MAC and Microsoft and partners speaks for itself as controlling access to the integrated network ‘CLOUD’ in which Microsoft CEO & President, Steve B. & partnership with FREDDIE MAC and therefore FREDDIE and Fannie’s VENDORS, INVESTORS, LENDERS, Finance Universe Origination and Servicing through FIS…..TDS…ServiceLine…CoreLogic, FNF’s LPS/DOCX … communicate, exchagne data including all of the employees hired at $10 bucks and hour to falisfy documents over the commercial communication channels of the wide world web licensor Microsoft a direct benefactor.

    Microsoft Joins Forces With Freddie Mac, Chase Manhattan, GMAC-RFC, Norwest Mortgage and Bank of America To Form New Company

    HomeAdvisor Technologies Inc. Created to Revolutionize Mortgage And Real Estate Transactions for Consumers and Industry Professionals

    REDMOND, Wash., March 16, 2000 — Microsoft Corp. today announced the formation of HomeAdvisor Technologies Inc., a new company that will revolutionize the way homes are bought and sold, shaving weeks off of the mortgage-closing process and saving consumers more than $2,000 over the life of a loan by providing lower rates and reduced closing costs. The new company will be announced today in front of more than 100 of the nation’s leading real estate brokers by Steve Ballmer, president and CEO of Microsoft, as well as executives from Freddie Mac; Chase.com; GMAC-Residential Funding Corp. (GMAC-RFC); Norwest Mortgage Inc., a Wells Fargo company; and Bank of America. This is the latest step in fulfilling the MSN TM vision of the Everyday Web, which includes building strategic partnerships to deliver the strongest services, information and marketplaces for all MSN customers.

    HomeAdvisor Technologies is the result of more than a year of development on an open software platform that will automate real estate and mortgage transactions for consumers and industry professionals. Partners in HomeAdvisor Technologies are committed to the widespread adoption of the platform and will distribute to their partners, representing the majority of the nation’s real estate and mortgage professionals.

    The HomeAdvisor Technologies loan platform, which will debut on HomeAdvisor TM .com in the coming weeks, automates many of the steps required to approve and finance a mortgage, including credit checks, appraisals and underwriting decisions. As a result, this new process can save the average home buyer more than $2,000 over the course of a loan, enable them to instantly lock a real loan rate online, and cut the closing process from more than a month to just 10 days. The platform will also eliminate many of the closing costs associated with mortgages today.

    HomeAdvisor Technologies also announced today the acquisition of Tuttle Decision Systems Inc., a mortgage technology company that enables the loan platform to provide risk-based, lockable loan rates from multiple lenders more cost-effectively than those available anywhere else.

    “HomeAdvisor Technologies makes buying a home easier and more affordable, thanks to groundbreaking new technology and some incredible partners,” Ballmer said. “HomeAdvisor Technologies is dedicated to helping everyone — consumers as well as real estate and mortgage professionals — save countless hours and thousands of dollars with new products developed as a result of this partnership with Freddie Mac, Chase.com, GMAC-RFC, Norwest Mortgage and Bank of America.”

    HomeAdvisor Technologies will consist of three divisions, each with distinct goals for improving the way homes are bought, financed, maintained and sold. Together, these three groups will form the nation’s leading consumer and business-to-business real estate and mortgage e-commerce company:

    • The Transaction Platform Division will combine Microsoft® technology with electronic loan decision and processing tools (credit, underwriting and property valuation) from its partners to streamline and automate all aspects of the mortgage and real estate transaction, saving consumers money while virtually eliminating paperwork and red tape. This platform will be developed and maintained by HomeAdvisor Technologies and distributed by partners to banks, lenders and real estate professionals, allowing real estate and mortgage professionals to pass along significant savings in time and cost to their own customers.

    • The Productivity Tools Division will provide real estate professionals with the tools essential for expanding their businesses profitably and better serving their customers while enabling industry professionals to fully utilize customized versions of the products developed by the Transaction Platform Division. Last month, HomeAdvisor Technologies announced Realty Desktop, its first productivity tool. Realty Desktop is a complete suite of tools designed specifically for the nation’s leading real estate companies.

    • The HomeAdvisor.com Division is expanding the scope of HomeAdvisor.com to address every home-related decision that consumers make in their lifetime. The new site will help consumers with every aspect of buying, financing, moving into, maintaining, improving and selling their home. HomeAdvisor.com will also be the first site to offer the company’s new loan platform and plans to provide many other rich new content offerings in the coming weeks. The new site will be promoted through aggressive consumer marketing campaigns.

    “A mortgage may be the largest transaction a person ever makes, and people want to purchase one with the same ease and simplicity they currently enjoy with other goods and services,” said Jonathan Gaw, research manager of consumer e-commerce at IDC. “Overcoming that barrier by marrying expertise in technology and mortgages to deliver up-front and binding mortgage quotes in real time significantly boosts the development of the online real estate and mortgage category.”

    Microsoft will hold a majority stake in HomeAdvisor Technologies Inc.; Chase.com, Chase Capital Partners, GMAC-RFC, Norwest Mortgage and Bank of America will also be taking an equity interest in the new venture, and Freddie Mac has provided significant technology contributions and has a financial interest in the new company. The new company will have strong ties back to its industry partners and parent companies in the form of commercial agreements for technology sharing and distribution through online and offline channels. Bryan Mistele, general manager of HomeAdvisor, will continue to lead the new company.

    “The mortgage market is undergoing revolutionary changes, driven largely by advances in technology,” said Leland C. Brendsel, chairman and CEO of Freddie Mac. “Through HomeAdvisor Technologies, we are responding to these changes by making our suite of innovative tools available to our lending partners and enabling them to deliver a faster, more efficient and lower-cost mortgage process to consumers.”

    Freddie Mac is one of the nation’s largest investors in residential mortgages, helping home buyers save billions of dollars on their home loans each year. Chase, GMAC-RFC, Norwest Mortgage and Bank of America represent more than $400 billion dollars in mortgage originations each year, based on relationships with a vast majority of real estate and mortgage professionals.

    The acquisition of Tuttle Decision Systems and its Electronic Services Platform enables HomeAdvisor Technologies to link data capture, decisioning and underwriting engines and third-party service providers to mortgage pricing conduits in the secondary loan market. Tuttle’s technology links more than 800 mortgage banks across the country to the nation’s largest mortgage conduits and facilitated the electronic registration of more than $26.5 billion in mortgages last year. Seamless data exchanges and integration of key underwriting engines and loan origination systems enable HomeAdvisor Technologies to save considerable time and money for both consumers and industry professionals.

    “This unique venture is a natural extension of Chase’s long-standing relationship with Microsoft and brings together highly trusted companies and industry leaders that share a clear vision for creating new business models for the Internet economy,” said Denis O’Leary, executive vice president of Chase Manhattan and head of Chase.com. “The formation of HomeAdvisor Technologies is an example of how Chase Home Finance, the nation’s leading mortgage originator and servicer, is using the Internet to deepen relationships with Chase’s entire home financing customer base — correspondents, brokers, realtors and corporate customers.”

    HomeAdvisor Technologies will maintain its strong ties to MSN through a long-term commercial agreement that makes HomeAdvisor.com the network’s exclusive channel for home, real estate and mortgage decisions. This relationship provides MSN customers with best-of-breed decision tools and marketplaces for every home-related decision, which gives HomeAdvisor.com customers access to the most integrated shopping and e-commerce experience available on the Web today.

    “We’ve taken a critical look at several industry players and now know that Microsoft is the mortgage technology company best positioned to deliver real value to its customers,” said Bruce Paradis, president of GMAC-RFC. “The combination of its technology leadership with our deep relationships and expertise in the mortgage finance industry make for a formula that will be extremely tough to beat.”

    “As the nation’s largest direct lender to consumers, we are very excited to enter into this relationship,” said Pete Wissinger, president and CEO of Norwest Mortgage Inc. “HomeAdvisor Technologies extends our ability to improve the value and service we provide the American home buyer. It is a natural fit with our ongoing strategy to serve our customers when, where and how they want to be served.”

    About HomeAdvisor Technologies Inc.

    HomeAdvisor Technologies, Inc. is dedicated to dramatically improving the way homes are financed, bought, sold and maintained. The new company, already backed by Chase Manhattan Mortgage, Freddie Mac, GMAC-RFC, Microsoft, Norwest Mortgage and Bank of America, consists of three distinct divisions focused on delivering the tools and services necessary to revolutionize the real estate and mortgage transaction while delivering significant time and cost savings to consumers as well as real estate and mortgage professionals. The company’s award-winning consumer Web site, HomeAdvisor.com, helps consumers address every home-related decision while providing the lowest loan rates available on the Web. (Details of guarantee will be available online at http://www.homeadvisor.com/ .)

    About Microsoft

    Founded in 1975, Microsoft (Nasdaq “MSFT” ) is the worldwide leader in software for personal and business computing. The company offers a wide range of products and services designed to empower people through great software – any time, any place and on any device.

    Microsoft, MSN and HomeAdvisor are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.

    The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

  10. FIS – ORIGINATION – GSE Vendor approved Freddie & Fannie

    Loan Syndication and Trading – integrated functional modules that support the lending process from deal building through servicing and trading

    FIS is one of the world’s top-ranked technology providers to the banking industry. With more than 30,000 experts in 100 countries, FIS delivers the most comprehensive range of solutions for the broadest range of financial markets, all with a singular focus: helping you succeed. Every FIS solution has the strength you need for profitability today, and the power to help you manage whatever comes next.

    FIS is part of the S&P 500. FIS has also been named the number one overall financial technology provider in the world by American Banker and Financial Insights (FinTech 100).

    FIS ‘PREFERRED AND ONLY ORIGINATOR’ LISTED AS APPROVED VENDOR OF NEW PROGRAMS. VENDOR LIST BELOW incorporates all of its global subscribers related to real estate industry. ‘EXCLUDES’ Small …’

    Midtier and Large Banking – flexible channel, integration and core solutions to meet every banking need from originations to servicing.

    Uniform Collateral Data Portal (UCDP)
    Solution Providers as of (Vendor/AMC List) July 19, 2011

    -ACI – appraisal . com
    -a la mode, inc. Mercury Network
    -Avista Solutions, inc. – Avista Agile(tm) Loan Origination System (LOS)
    -Bradford Technologies, inc. – Appraisal/World Connection
    -Calyx Software – Point(r) PointCentral(r)
    -CORE LOGIC VALUATION SERVICES – CORE LOGIC APPRAISAL MANAGEMENT SERVICES
    -ELLE MAE, INC. – eNCOMPASS 360(R)
    -FIS – ORIGINATOR
    -Fisserv – EasyAccess & Unlflo Pro Mortgage
    -FNC, Inc. – Collateral Management System (r) (CMS) & Collateral -Headquarters ™ (CHQA)
    -Global DMS, LLC – OASIS Valuation Management Platform & ——–Global Klnex WebServices
    -IBM – Impact Loan Origination System
    -InHouse, Inc – Connexions (AssS&Appraisal Management Services)
    ISGN – Appraisal Services
    -Kirchmeyer & Associates, Inc – Kichmeyer Order Management System
    -RealEC Technologies – RealEC Collaborative Partner Network
    -LenderVend LLC – Appraisal Fufilment Services
    -MortgageFlex System – The Residential Lending System
    -Prime Alliance Solutions – Lending Suite
    -ServiceLink Valuation Solutions, LLC – Vision Integrations, Valuation Products
    -Solidifil – Solidifil Values ™
    -Veros Real Estate Solution – VeroSELECT & Valuation Risk –Management System (VRM) Sapphire (backoffice UCDP)
    -ValuAmerica – ValuNet

    https : // www . efanniemae . com/sf/technology / commitloandel / ucdp / pdf / ucdpvendorlist . pdf

    Data and open system platform changed economic landscape and intent of INVESTORS’s TRUSTEE taking possession of property in deceptive perhaps larcenous manner.

    Data portals of ‘Servicer’ advancing funding on an individual debt that is ‘collateral’ with legal claim is related to the OWNER of the BOND (Purchaser) of the Collateral placed inside the ‘BOND’, and the ‘promissory note’ separated from the Deed of Trust during Origination. How? Look at current members who are ready for FREDDIE and FANNIE’s new open system platform ‘FIS’ Originator controls the nationwide network of bank attorney’s, lawyers, title & settlement agents, agencies, insurance companies, who are ‘authorized’ integrators on the ‘Cloud.’

    TRANSACTIONS CAN BE FOLLOWED, NOT THE MONEY.

    FREDDIE MAC & FANNIE MAE (GSE) PORTAL
    (CLOUD) Approved Vendor List 7/19/2011
    UNIFORM MORTGAGE DATA PROGRAM
    UNIFORM DATA COLLATERAL

    Definition of a UDC
    Document File ID ’1100000A2D’
    File Identifer listed inside of CTS-Link Remitter & Collateral Files links Appraisal submissions of Appraiser, Lender, Seller, Purchaster to INVESTOR including both (GSEs) INVESTOR & LENDER & SELLER Loan# documented inside of UDC documents processed via portal by Lender Admistrator and

    eFannieMae . com
    Uniform Collateral Data Portal (UCDP)
    September 1, 2011 effective date for use of Uniform Appraisal Data set (UAD)-compliant forms quickly approaching.

    Appraisal report forms for all conventional mortgage loans delivered to Fannie Mae on or after March 19, 2010 must be submitted to UCDP if:
    – The loan application is dated on or after December 1, 2011, and
    – An appraisal report is required.

    INFORMATION TECHNOLOGISTS UNDERSTAND ‘data’ bases must be updated, tested, for new open system platform development, systems wil run parallel. Major changes underway include dissolution of MERS entity and the National Registry status? of MIN Identifer 18 digits (7 Member ID) 10 Agreement Numeric Identifer -1 Control Prefix insuring unique number.

    UCDP General User Guide discusses new 15 digit numeric placeholder. New number? Unique to FREDDIE/FANNIE/LENDERS/SELLERS?

    Vendor-provided solutions that offer an integrated system interface to UCDP. A list of technology vendors that plan to provide a vendor solution with an integrated system interface to UCDP is provided below. The list will be updated frequently over the next several months as vendors are added.

    Attorney’s and client’s of Origination transaction documents, servicing transactions documents, and BATES ‘discovery’ documents, may not realize data identifiers in report reveal the system,, gateways, portals, requests for documents passed through will have detailed data records defineding Investor, Lender, Seller, Appraiser, Underwriter, …

    Accurate business documents exist stored in specified locations of ‘originator’ or eValut provider identified in MERS data records, an example.

    Transactions via CLOUD may affix in image “TD” a data identifier document report to/from TD Escrow Services.

    ORIGINATOR Fidelity Information Services, MERS, eLynx, Services-Link, LPS/DOCX,
    including FREDDIE MAC UMD ID: 1100000A2D’ 10 digit document file identification.

    FREDDIE MAC ‘website: freddiemac.com ‘search’ collateral
    UNIFORM MORTGAGE DATA PROGRAM
    June 2011
    Uniform Collateral Data Portal ‘UCDP’

    Users CREATED in UDCP “Lender Administrator’
    Users INVITED INto UCDP ‘Invited General User’

    Lender Administrator (Organizational setup) or Lender Admin is a UCDP user who has the authority to set up and manage your company’s business structure within the portal, including the access privileges of other users, at the business unit or enterprise level.

    The Lender Admin can either “create” a general user in UCDP (created users) or “invite” a general user to register for UCDP (invited user).

    General users have access to all of the functions described herein (except the ability to change passwords and to invite and/or create users, which is reserved for the Lender Admin). Read-only users can only read information on the screen and do not have a Submit Appraisal option on their Home page

    GSE Sellers acess to ‘joint’ GSE website. UCDP user agreement does not amend or supplement Agreemnt between you and either GSE.

    FREDDIE MAC SELLERS

    ‘FREDDIE MAC’S EXCLUSIONARY LIST
    SELLER’S ABILITY TO SELECT APPRAISAL MANAGEMENT COMPANY (OR OTHER PARTY) NOT ENDORSEMENT OR APPROVAL OF THE APPRAISAL MANAGEMENT COMPANY, DOES NOT RELIEVE SELLER OF ANY OBLIGATIONS PURSUANT TO SELLER’S OTHER PURCHASE DOCUMENTS INCLUDING REQUIEMENTS GUIDE SECTION 2.24 RELATED TO EXCLUSIONARY LIST.

    SUBMITTING AN APPRAISAL:
    LOAN SUBMISSIONS:
    SEARCH PREVIOUSLY SUMBITTED APPRAISALS:
    EDIT/VIEW APPRAISAL INFORMATION:
    ADDING ANOTHER INVESTOR, GSE:
    GENERATING REPORTS:
    APPRAISER LICENSE VERIFICATION:
    (GUIDANCE FOR LENDERS AND APPRAISERS)…

    Who should read this manual?
    This User Guide is intended for loan officers, underwriters, appraisal management companies, and others who use UCDP to submit appraisal data files to the GSEs, resolve problems with the appraisal data file submissions, and generate reports from UCDP

    The Uniform Collateral Data PortalSM (UCDPSM) is the Web-based portal lenders and their designated agents use to electronically submit appraisal data files prior to loan delivery to Fannie Mae and/or Freddie Mac (Government Sponsored Enterprises or GSEs). Through UCDP, you can submit up to 10 appraisal data files at a time, search for previously submitted appraisal data files, clear exceptions, and view reports. NOTE: The use of UCDP does not relieve lenders of any obligations under the Fannie Mae or Freddie Mac Guides, as applicable, including the representations and warranties they are required to make about the accuracy and sufficiency of appraisals relating to mortgages that are sold to either Freddie Mac or Fannie Mae, including adherence to the Uniform Appraisal Dataset (UAD) standards

    FannieMae & FreddieMac
    Uniform Collateral Data Portal (UCDP) General User Guide
    [PDF 4.7M] New
    Uniform Collateral Data Portal (UCDP) Lender Agent Admin User Guide [PDF 2.8M] New
    Uniform Collateral Data Portal (UCDP) Reference Series for the Lender Admin [PDF] New

    SUBMIT APPRAISAL, UNIQUE DOCUMENT FILE ID assigned to be used for LOAN DELIVERY to both GSE’s.

    SUBMIT APPRAISAL ‘Electronic Appraisal data file (XML with embedded PDF) FOR A LOAN.

    EVERY SUBMISSION ASSIGNED “Doc File ID’ WHICH YOU MUST INCLUDE WITH EVERY LOAN PACKAGE DELIVERED TO ‘GSE’

    SUBMIT MAXIMUM 10 APPRAISAL DATA FILES AT TONE TIME.
    ONE TO THREE APPRAISALS (MAXIMUM) FOR ONE LOAN, NEVER MORE THATN 10 APPRAISAL DATA FILES FOR ‘ONE’ SUBMISSION.
    MAXIMUM 12 MB FOR PDF, 15 MB FO RXML TOTAL 100MB ‘TRANSMISSION’

    REQUIRED FIELDS:
    BUSINESS UNIT – UCDP assigned business units
    SUBMIT TO GSE FREDDIE and/or FANNIE
    LENDER LOAN NUMBER – UNIQUE LOAN # MAX 15 CHARACTERS
    FANNIE MAE S/SN OR
    NON S/SN ID (Select the Seller Servicer Number (S/SN) or
    Non-Seller Service Number (Non S/SN
    FREDDIE MAC S/SN OR TPO# – Select Seller/Servicer Number (S/SN or Third Party Originator Number (TPO) from dropdown
    FILE NAME LOCATION: Uploan appraisal data file ‘Appraisal 1′…
    INSTITUTION ID: eNTER fANNIE-mAE – SPECIFIC id THAT IDENTIFIES THE LENDER OR BRANCH THAT ORIGINATED THE LOAN
    INSTITUTION ID IS IDENTICAL TO FIELD IN DESKTOP ORIGINATOR (DO)/DESKTOP UNDERWRITER (DU) SUBMISSIONS.
    UCDP DOES NOT EDIT OR VALIDATE THIS VALUE.
    FILE ID: ENTER FANNIEMAE-SPECIFIC ID THAT REFERS TO DESKTOP UNDERWRITER (DU) CASE FILE ID
    DELIVERY S/SN – ENTER ORIGINATOR’S FREDDIE MAC-SPECIFIC SELLER OR BRANCH NUMBER IF ITS DIFFERENT FROM THE SELLER #
    LOAN PROSPECTOR KEY – ENTER FREDDIE MAC-SPECIFIC NUMBER THAT REFERS TO THE LOAN PROSPECTOR AUS KEY

    INSTITUTION ID AND CASE FILE ID, DELIVERY S/SN AND LOAN PROSPECTOR ‘SUBMIT APPRAISAL’ PAGE 23 OF 92
    UCDP GENERAL USER GUIDE

    OBSERVATION.
    Inside SEC Documents, information captured in ‘FWP’ Free Writing Prospectus, Lender Loan Number, Zip Code, Appraisal Value
    source data from ‘appraisal documentation’ reviewed by GSE via UCDP

    ‘Consumer name and physical address as borrower omitted inside FWP. Deal between FREDDIE MAC ‘Investor’ and LENDERS Loan# and info inside UCDP includes borrower’s name and physical address, and appraisal, and Loan Information for approval.

    USERS CAN EDIT LENDER AND LOAN INFORMATION
    CANNOT EDIT ACTUAL DATA FROM APPRAISAL DATA FILE. YOU MUST OBTAIN A ‘CORRECTED APPRAISAL DATA FILE’ FROM THE APPRAISER AND UPLOAN AGAIN.

    EDITABLE FIELDS ARE:
    LENDER LOAN NUMBER
    FNM S/SN OR NON S/SN ID
    FNM INSTITUTION ID
    FNM CASE FILE ID
    FRE S/SN OR TPO#
    FRE DELIVERY S/SN
    FRE LOAN PROSPECT KEY

    NON-EDITABLE FIELDS:
    Doc File ID
    Date Submitted
    Last Update
    LENDER NAME
    Business Unit
    FNM Status
    FRE Status

    UCDP ‘User’ submits changes.

    TO ADD GSE
    ADD ‘INVESTOR’ THE OTHER GSE AUTOMATICALLY APPEARS.

    ADDING ANOTHER GSE TRIGGERS NEW APPRAISAL SUBMISSION PROCESSED.
    DOES NOT AFFECT GSE SUBMITTION IN PROGRESS.

    APPRAISAL DATA FILES ARE AVAIABLE FOR THIREE YEARS FROM INITIAL SUBMISSION AND PROVIDES CHRONOLOGICAL AUDIT TRAIL FOR DTAA SUBMISSION.

    FNM SELLER NUMBER
    FRE SELLER NUMBER
    FNM AND FRE SELLER NUMBER
    LENDER NAME

    EXAMPLE REVEALS ALL APPROVAL TRANSACTIONS MAY BE OVERRIDDEN

    Appraisal freport forms for all conventional mortgage loans delivered to Fannie Mae on or after March 19, 2010 must be submitted to UCDP if:
    – The loan application is dated on or after December 1, 2011, and
    – An appraisal report is required.

    eFanniemae approved vendor of ‘Origination’

    FIS=MORTGAGE LOAN ORIGINATION SOLUTIONS
    Loan Originator Solutions serves as a point of sale component for retail and third party origiantion of mortgage and home equity loans in the top 100 lending financial institutions, like TD Financial Services. Subscribers via CLOUD submit electronic home equity and mortgage applications. Loan Originator pricing engine for real estate eligibility and pricing, as well as vendor selection engien to manage connections to third party service ordering for loan fulfillment (LOS) enables LENDERS fully automate Origination, processing and closing functions for their residential mortgage and consumer operations. LOS is the community bank and credit union mortgage loan origiantion solution for FIS, supporting the origination of mortgage loans sold on the secondary market. FLO services wide range of domestic banks and thirfts seeking automation to originate consumer, commercial, HELOC and portfolio mortgag eloans. FLO brower based provdes wide range of loan origination functionality including warranted document selections, flexible IntelleDoc technology, and third party interefaces all coupled with SEAMLESS CORE INTEGRATION.

    PIP is available as open source software ^& GT.M
    GT.M is a database engine with scalability, proven in the largest real-time core processing systems in production at financial institutions worldwide

    TRUST ACCOUNTING
    ‘Trust Organization’ on the CLOUD, integrated trust and investment accounting solutions deliver flexibility and responsiveness affluent and high-net-worth clinets demand FIS produce suite straight-through processing:
    Cash Sweep Services; Trust Accounting Processing, Integrated portfolio management, Trust Operations Outsourcing…offers proven treasury management solutions for commercial and corporate banking institutions

    FIS Lending Solutions are used to better market, sell, process, and close loans through all distribution channels, including retail, wholesale, Internet, and correspondent. Whether you’re looking to update one area of your lending business or install a comprehensive solution from start to finish, you can turn to FIS for the lending expertise and technology you need for your institution

    FIS Data Interchange solution automates and streamlines the collection and distribution of balance and detail information, including intra-day information
    Data collection and account aggregation
    Outbound data interchange
    International data interchange
    Bank administration and operations
    Comprehensive security

    FIS’ extensive reporting bank network, robust infrastructure, and technical expertise enable us to offer a unique mix of custom technology and economies of scale.

    FIS Primary Provider since 1990′s IRS & Government Benefit Disbursements – With the introduction of our leading ebtEDGE solution in the early 1990s, FIS established itself as a pioneer in the government benefits marketplace. As government benefit program complexity continues to rise, state agencies require solution partners that can address their comprehensive needs – including consolidated services for WIC, EBT, child support, child care, wireless payment solutions, payment cards and more. With more than 40 state relationships spanning numerous government benefit programs, FIS is the logical choice.

    FIS RECEIVABLES Management: Speed the collection of payments and deposits while streamlining receivables management. Choose from FIS’ broad range of solutions to simplify and automate payment processing, posting, and reconcilement of deposits from multiple sources such as lockboxes and EDI.
    Our flexible receivables management products include:
    Retail Lockbox
    Remote Deposit Capture
    Wholesale Lockbox
    Just Pay It
    EDI Translation
    Virtual Vault

    Payables Management

    Offer commercial customers the convenience of automated payments
    Help your commercial customers leverage the processes associated with checks, ACH, wire transfers, and cards. Use FIS payables management to automate payments to suppliers, vendors, and employees. Customers can save time and money with our bill payment products, including:
    Business eBanking
    Corporate eBanking
    ACH Processing
    Check Outsourcing
    Bill Presentment and Payment
    Integrated Payables
    eWire Solution

    Data Interchange

    Cost-effectively meeting your customers’ information needs
    Many corporate and middle-market customers have multiple banking relationships, requiring the aggregation of balance and transaction information from a variety of external sources. Even small businesses are challenged with how to best monitor and manage their various bank relationships. The FIS Data Interchange solution automates and streamlines the collection and distribution of balance and detail information, including intra-day information, so businesses can focus on the information itself rather than how to retrieve it. Our solution set offers:
    Data collection and account aggregation
    Outbound data interchange
    International data interchange
    Bank administration and operations
    Comprehensive security

    FIS’ Cash Concentration and Disbursement solutions enable corporate and business customers with multiple locations to easily and securely consolidate funds in order to better manage their daily cash position. Flexible input options, robust reporting capabilities, and bank-defined ACH processing parameters enable banks to tailor solutions that span the cash management needs of the simplest small businesses to the most complex corporations. Easy-to-use self-service capabilities give customers control over their reporting structure, user access, and entitlements.
    FIS’ Cash Concentration and Disbursement offerings include:
    Web Automated Cash Concentration
    Web Cash Concentration

    Brandable – FIS eBill solutions are highly configurable, allowing you to determine labels, logos, colors, and messages. This significantly reduces the time it takes to redesign statements for online presentment, because you can do all the preparation before your customers ever receive them online. Finally, you can give your customers customized bills and statements that are of value to them.

    2011 Fidelity National Information Services, Inc. and its subsidiaries.

    About FIS
    FIS (NYSE: FIS) is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. FIS is ranked 426 on the Fortune 500, is a member of Standard & Poor’s 500® Index and consistently holds a leading ranking in the annual FinTech 100 list. For more information about FIS, visit http://www.fisglobal.com.

    About Bridge Bank
    Bridge Bank, National Association is Silicon Valley’s full-service professional business bank. The Bank is dedicated to meeting the financial needs of small, middle market, and emerging technology businesses. Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers. For additional information, visit the Bridge Bank website web at http://www.bridgebank.com.

    JACKSONVILLE, Fla., Aug. 11, 2011 − FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, today announced that Bridge Bank has deployed FIS’ Integrated Banking Services (IBS) core banking platform.

    Serving the professional business community since 2001, Bridge Bank (NASDAQ: BBNK) has grown to more than $1 billion in assets, with offices nationwide. With its focus on small, middle market and emerging technology businesses, Bridge Bank selected IBS for its strong commercial functionality, scalability and flexibility. The bank also deployed FIS’ eBanking, TrustDesk® and ACH processing in addition to IBS, which integrates easily with a wide range of solutions.

  11. right on, Ian.

  12. Bing Cloud Computing Consumer Products Developer Tools Dynamics Hardware MSN Office & Office Servers Security & Privacy Servers & Infrastructure Windows Windows Embedded Windows Internet Explorer Windows Live Windows Phone Xbox Zune
    Analyst Reports Executive Biographies Executive Speeches Steve Ballmer Facts About Microsoft Image Gallery Investor Relations Press Contacts Press Releases Video & Broll Worldwide News News Press Release
    Microsoft Joins Forces With Freddie Mac, Chase Manhattan, GMAC-RFC, Norwest Mortgage and Bank of America To Form New Company
    HomeAdvisor Technologies Inc. Created to Revolutionize Mortgage And Real Estate Transactions for Consumers and Industry Professionals

    REDMOND, Wash., March 16, 2000 — Microsoft Corp. today announced the formation of HomeAdvisor Technologies Inc., a new company that will revolutionize the way homes are bought and sold, shaving weeks off of the mortgage-closing process and saving consumers more than $2,000 over the life of a loan by providing lower rates and reduced closing costs. The new company will be announced today in front of more than 100 of the nation’s leading real estate brokers by Steve Ballmer, president and CEO of Microsoft, as well as executives from Freddie Mac; Chase.com; GMAC-Residential Funding Corp. (GMAC-RFC); Norwest Mortgage Inc., a Wells Fargo company; and Bank of America. This is the latest step in fulfilling the MSN TM vision of the Everyday Web, which includes building strategic partnerships to deliver the strongest services, information and marketplaces for all MSN customers.

    HomeAdvisor Technologies is the result of more than a year of development on an open software platform that will automate real estate and mortgage transactions for consumers and industry professionals. Partners in HomeAdvisor Technologies are committed to the widespread adoption of the platform and will distribute to their partners, representing the majority of the nation’s real estate and mortgage professionals.

    The HomeAdvisor Technologies loan platform, which will debut on HomeAdvisor TM .com in the coming weeks, automates many of the steps required to approve and finance a mortgage, including credit checks, appraisals and underwriting decisions. As a result, this new process can save the average home buyer more than $2,000 over the course of a loan, enable them to instantly lock a real loan rate online, and cut the closing process from more than a month to just 10 days. The platform will also eliminate many of the closing costs associated with mortgages today.

    HomeAdvisor Technologies also announced today the acquisition of Tuttle Decision Systems Inc., a mortgage technology company that enables the loan platform to provide risk-based, lockable loan rates from multiple lenders more cost-effectively than those available anywhere else.

    “HomeAdvisor Technologies makes buying a home easier and more affordable, thanks to groundbreaking new technology and some incredible partners,” Ballmer said. “HomeAdvisor Technologies is dedicated to helping everyone — consumers as well as real estate and mortgage professionals — save countless hours and thousands of dollars with new products developed as a result of this partnership with Freddie Mac, Chase.com, GMAC-RFC, Norwest Mortgage and Bank of America.”

    HomeAdvisor Technologies will consist of three divisions, each with distinct goals for improving the way homes are bought, financed, maintained and sold. Together, these three groups will form the nation’s leading consumer and business-to-business real estate and mortgage e-commerce company:

    • The Transaction Platform Division will combine Microsoft® technology with electronic loan decision and processing tools (credit, underwriting and property valuation) from its partners to streamline and automate all aspects of the mortgage and real estate transaction, saving consumers money while virtually eliminating paperwork and red tape. This platform will be developed and maintained by HomeAdvisor Technologies and distributed by partners to banks, lenders and real estate professionals, allowing real estate and mortgage professionals to pass along significant savings in time and cost to their own customers.

    • The Productivity Tools Division will provide real estate professionals with the tools essential for expanding their businesses profitably and better serving their customers while enabling industry professionals to fully utilize customized versions of the products developed by the Transaction Platform Division. Last month, HomeAdvisor Technologies announced Realty Desktop, its first productivity tool. Realty Desktop is a complete suite of tools designed specifically for the nation’s leading real estate companies.

    • The HomeAdvisor.com Division is expanding the scope of HomeAdvisor.com to address every home-related decision that consumers make in their lifetime. The new site will help consumers with every aspect of buying, financing, moving into, maintaining, improving and selling their home. HomeAdvisor.com will also be the first site to offer the company’s new loan platform and plans to provide many other rich new content offerings in the coming weeks. The new site will be promoted through aggressive consumer marketing campaigns.

    “A mortgage may be the largest transaction a person ever makes, and people want to purchase one with the same ease and simplicity they currently enjoy with other goods and services,” said Jonathan Gaw, research manager of consumer e-commerce at IDC. “Overcoming that barrier by marrying expertise in technology and mortgages to deliver up-front and binding mortgage quotes in real time significantly boosts the development of the online real estate and mortgage category.”

    Microsoft will hold a majority stake in HomeAdvisor Technologies Inc.; Chase.com, Chase Capital Partners, GMAC-RFC, Norwest Mortgage and Bank of America will also be taking an equity interest in the new venture, and Freddie Mac has provided significant technology contributions and has a financial interest in the new company. The new company will have strong ties back to its industry partners and parent companies in the form of commercial agreements for technology sharing and distribution through online and offline channels. Bryan Mistele, general manager of HomeAdvisor, will continue to lead the new company.

    “The mortgage market is undergoing revolutionary changes, driven largely by advances in technology,” said Leland C. Brendsel, chairman and CEO of Freddie Mac. “Through HomeAdvisor Technologies, we are responding to these changes by making our suite of innovative tools available to our lending partners and enabling them to deliver a faster, more efficient and lower-cost mortgage process to consumers.”

    Freddie Mac is one of the nation’s largest investors in residential mortgages, helping home buyers save billions of dollars on their home loans each year. Chase, GMAC-RFC, Norwest Mortgage and Bank of America represent more than $400 billion dollars in mortgage originations each year, based on relationships with a vast majority of real estate and mortgage professionals.

    The acquisition of Tuttle Decision Systems and its Electronic Services Platform enables HomeAdvisor Technologies to link data capture, decisioning and underwriting engines and third-party service providers to mortgage pricing conduits in the secondary loan market. Tuttle’s technology links more than 800 mortgage banks across the country to the nation’s largest mortgage conduits and facilitated the electronic registration of more than $26.5 billion in mortgages last year. Seamless data exchanges and integration of key underwriting engines and loan origination systems enable HomeAdvisor Technologies to save considerable time and money for both consumers and industry professionals.

    “This unique venture is a natural extension of Chase’s long-standing relationship with Microsoft and brings together highly trusted companies and industry leaders that share a clear vision for creating new business models for the Internet economy,” said Denis O’Leary, executive vice president of Chase Manhattan and head of Chase.com. “The formation of HomeAdvisor Technologies is an example of how Chase Home Finance, the nation’s leading mortgage originator and servicer, is using the Internet to deepen relationships with Chase’s entire home financing customer base — correspondents, brokers, realtors and corporate customers.”

    HomeAdvisor Technologies will maintain its strong ties to MSN through a long-term commercial agreement that makes HomeAdvisor.com the network’s exclusive channel for home, real estate and mortgage decisions. This relationship provides MSN customers with best-of-breed decision tools and marketplaces for every home-related decision, which gives HomeAdvisor.com customers access to the most integrated shopping and e-commerce experience available on the Web today.

    “We’ve taken a critical look at several industry players and now know that Microsoft is the mortgage technology company best positioned to deliver real value to its customers,” said Bruce Paradis, president of GMAC-RFC. “The combination of its technology leadership with our deep relationships and expertise in the mortgage finance industry make for a formula that will be extremely tough to beat.”

    “As the nation’s largest direct lender to consumers, we are very excited to enter into this relationship,” said Pete Wissinger, president and CEO of Norwest Mortgage Inc. “HomeAdvisor Technologies extends our ability to improve the value and service we provide the American home buyer. It is a natural fit with our ongoing strategy to serve our customers when, where and how they want to be served.”

    About HomeAdvisor Technologies Inc.

    HomeAdvisor Technologies, Inc. is dedicated to dramatically improving the way homes are financed, bought, sold and maintained. The new company, already backed by Chase Manhattan Mortgage, Freddie Mac, GMAC-RFC, Microsoft, Norwest Mortgage and Bank of America, consists of three distinct divisions focused on delivering the tools and services necessary to revolutionize the real estate and mortgage transaction while delivering significant time and cost savings to consumers as well as real estate and mortgage professionals. The company’s award-winning consumer Web site, HomeAdvisor.com, helps consumers address every home-related decision while providing the lowest loan rates available on the Web. (Details of guarantee will be available online at http://www.homeadvisor.com/ .)

    About Microsoft

    Founded in 1975, Microsoft (Nasdaq “MSFT” ) is the worldwide leader in software for personal and business computing. The company offers a wide range of products and services designed to empower people through great software – any time, any place and on any device.

    Microsoft, MSN and HomeAdvisor are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.

    The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

    Note to editors: If you are interested in viewing additional information on Microsoft, please visit the Microsoft Web page at http://www.microsoft.com/presspass/ on Microsoft’s corporate information pages.

    Press Resources

    Contact Rapid Response Team
    Waggener Edstrom Worldwide
    (503) 443-7070

    Site Map
    Contact Us | Terms of Use | Trademarks | Privacy Statement
    Manage Your Profile© 2011 Microsoft Corporation. All rights reserved. Contact Us |Terms of Use |Trademarks |Privacy Statement

    http://www.microsoft.com/presspass/press/2000/Mar00/NewCompPR.mspx

  13. For Release: February 24, 1998
    LAWYERS TITLE CORPORATION AGREES TO DIVEST
    12 “TITLE PLANTS” TO SETTLE FTC CHARGES THAT MERGER WOULD REDUCE COMPETITION

    The Federal Trade Commission today announced that it was publishing for public comment a proposed consent order with Lawyers Title Corporation (LTC) that would require the company to divest title plants in 11 localities in three states and in the District of Columbia. The divestiture would settle FTC charges that LTC’s proposed acquisition of the title insurance operations of Reliance Group Holdings, Inc., including Reliance Group’s indirect subsidiaries Commonwealth Land Title Insurance Company and Transnation Title Insurance Company, would reduce competition in local markets for title plant services. Title plant services are used in underwriting title insurance and for other purposes in the real estate industry.

    “Title plants provide a service that many realtors, consumers and others rely upon when buying real estate. The divestitures that would be required in this case will ensure that these services are provided at competitive prices,” said William J. Baer, Director of the FTC’s Bureau of Competition.

    Title plants are privately-owned collections of real estate title information obtained from public records that can be used to conduct title searches or otherwise determine the ownership of real estate and other property. Title plants permit users to research property ownership information more quickly than by consulting the original public records, which may be located in a number of separate public offices — for example, in offices of the county recorder, tax collector, and state and federal courts. Because of the county-specific way in which title information is generated and collected and the highly local character of the real estate markets in which the title plant services are used, geographic markets for title plant services are highly localized, consisting of the county or other local jurisdiction embraced by the real property information contained in the title plant.

    The FTC’s analysis found that the acquisition would be likely to reduce competition in title plant services in the following local areas: the District of Columbia; Brevard, Broward, Clay, Indian River, St. Johns, St. Lucie, and Pasco Counties in Florida; Ingham, Oakland, and Wayne Counties in Michigan; and St. Louis City and County in Missouri.

    According to the agency’s complaint, in each of these counties or local jurisdictions, the market for title plant services is highly concentrated and LTC and the Reliance Group are direct competitors. The complaint also alleges that because of high fixed costs, entry into the market for title plant services in each of these areas is difficult and unlikely to occur at a sufficient scale to deter or counteract the anticompetitive effect of the acquisition. Therefore, the complaint alleges that the effect of LTC’s acquisition of the Reliance Group may be to lessen substantially competition in these locations.

    The proposed consent order would require LTC to divest the pre-acquisition title plant interests of either LTC or Reliance Group in each locality to a buyer or buyers approved by the Commission within six months of the consent order being signed. In addition, the proposed order would require LTC to maintain the viability and marketability of the title plants until the divestiture is completed.

    The Commission vote to publish the proposed consent order for public comment was 4-0, with Commissioner Mary L. Azcuenaga not participating.

    An announcement regarding the proposed consent agreement will be published in the Federal Register shortly. The agreement will be subject to public comment for 60 days, after which the Commission will decide whether to make it final. Comments should be addressed to the FTC, Office of the Secretary, 6th Street and Pennsylvania Avenue, N.W., Washington, D.C. 20580.

    NOTE: A consent agreement is for settlement purposes only and does not constitute an admission of a law violation. When the Commission issues a consent order on a final basis, it carries the force of law with respect to future actions. Each violation of such an order may result in a civil penalty of $11,000.

    Copies of the complaint, proposed consent order, and analysis to aid public comment are available from the FTC’s web site at http://www.ftc.gov and also from the FTC’s Consumer Response Center, Room 130, 6th Street and Pennsylvania Avenue, N.W., Washington, D.C. 20580; 202-326-3128; TDD for the hearing impaired 1-866-653-4261. Consent agreements subject to public comment also are available by calling 202-326-3627. To find out the latest news as it is announced, call the FTC NewsPhone recording at 202- 326-2710.

    Media Contact:
    Michelle Muth,
    Office of Public Affairs
    202-326-2161
    Staff Contact:
    Patrick J. Roach,
    Bureau of Competition
    202-326-2793
    (FTC File No. 971011)
    http://www.ftc.gov/opa/1998/02/lawyers.shtm 
    UNITED STATES OF AMERICA
    BEFORE FEDERAL TRADE COMMISSION
    In the Matter of
    LAWYERS TITLE CORPORATION, a corporation.
    Docket No.
    COMPLAINT
    Pursuant to the provisions of the Federal Trade Commission Act and of the Clayton Act, and by virtue of the authority vested in it by said Acts, the Federal Trade Commission (“Commission”), having reason to believe that respondent Lawyers Title Corporation (“LTC”), a corporation subject to the jurisdiction of the Commission, directly and through one of its subsidiaries, has entered into an agreement for the acquisition of certain assets that constitutes a violation of Section 5 of the Federal Trade Commission Act, as amended (15 U.S.C. ‘ 45); and that such acquisition, if consummated, would constitute a violation of Section 7 of the Clayton Act, as amended (15 U.S.C. ‘ 18) and Section 5 of the Federal Trade Commission Act; and it appearing to the Commission that a proceeding by it in respect thereof would be in the public interest, hereby issues its complaint, pursuant to Section 11 of the Clayton Act (15 U.S.C. ‘ 21) and Section 5(b) of the Federal Trade Commission Act, (15 U.S.C. ‘ 45(b)), stating its charges as follows:

    I. DEFINITIONS
    1. For the purposes of this complaint, the following definitions apply:
    A. “Respondent” or “LTC” means Lawyers Title Corporation, its directors, officers, employees, agents, representatives, predecessors, successors, and assigns; its subsidiaries, divisions, groups and affiliates controlled by Lawyers Title Corporation, and the respective directors, officers, employees, agents, representatives, successors, and assigns of each.
    B. “Reliance Group” means Reliance Group Holdings, Inc., its directors, officers, employees, agents, representatives, predecessors, successors, and assigns; its subsidiaries, divisions, groups and affiliates controlled by Reliance Group Holdings, Inc., and the respective directors, officers, employees, agents, representatives, successors, and assigns of each.
    C. “Title plant” means a privately owned collection of records and/or indices regarding the ownership of and interests in real property. The term includes such collections that are regularly maintained and updated by obtaining information or documents from the public records, as well as such collections of information that are not regularly updated.
    D. “Title plant services” means providing selected information contained in a title plant to a customer or user or permitting a customer or user to have access to information contained in a title plant.
    II. LAWYERS TITLE CORPORATION
    2. LTC is a corporation organized, existing and doing business under and by virtue of the laws of the Commonwealth of Virginia with its office and principal place of business located at 6630 West Broad Street, Richmond, Virginia 23230.
    3. LTC is the sole owner of Lawyers Title Insurance Corporation.
    4. LTC is, and at all times relevant herein has been, a corporation whose business is in or affecting commerce as “commerce” is defined in Section 4 of the Federal Trade Commission Act, as amended (15 U.S.C. ‘ 44).

    III. THE ACQUISITION
    5. On December 11, 1997, LTC and its subsidiary Lawyers Title Insurance Corporation entered into an Amended and Restated Stock Purchase Agreement pursuant to which LTC agreed to purchase the title insurance operations of Reliance Group, including Commonwealth Land Title Insurance Company and Transnation Title Insurance Company.
    IV. TRADE AND COMMERCE
    6. The relevant line of commerce is the production and/or sale of title plant services. Title plant services are used by abstractors, title insurers, title insurance agents, and others to determine ownership of and interests in real property in connection with the underwriting and issuance of title insurance policies and for other purposes.
    7. The relevant sections of the country are:
    Washington, District of Columbia
    Brevard County, Florida
    Broward County, Florida
    Clay County, Florida
    Indian River County, Florida
    Pasco County, Florida
    St. Johns County, Florida
    St. Lucie County, Florida
    Ingham County, Michigan
    Oakland County, Michigan
    Wayne County, Michigan
    St. Louis City & County, Missouri

    8. The relevant markets set forth in Paragraphs 6 and 7 are highly concentrated.
    9. There are no commercially reasonable substitutes for title plant services in the relevant markets set forth in Paragraphs 6 and 7.
    10. Entry into the relevant markets is difficult or unlikely to occur at a sufficient scale to deter or counteract the effect of the Acquisition described in Paragraph 5.
    11. LTC and Reliance Group, through its title insurance operations, are actual competitors in the relevant markets set forth in Paragraphs 6 and 7.
    V. EFFECT OF THE ACQUISITION
    12. The effect of the Acquisition may be substantially to lessen competition and to tend to create a monopoly in the relevant markets in violation of Section 7 of the Clayton Act, as amended, 15 U.S.C. ‘ 18, and Section 5 of the Federal Trade Commission Act, 15 U.S.C. ‘ 45, in the following ways, among others:
    a. by eliminating direct competition between LTC and Reliance Group in the relevant markets;
    b. by increasing the likelihood that LTC will unilaterally exercise market power in the relevant markets; and
    c. by increasing the likelihood of collusion in the relevant markets.
    13. All of the above increase the likelihood that firms in the relevant markets will increase prices and restrict output both in the near future and in the long term.
    VI. VIOLATIONS CHARGED
    14. The acquisition agreement described in Paragraph 5 constitutes a violation of Section 5 of the FTC Act, as amended, 15 U.S.C. ‘ 45.
    15. The Acquisition described in Paragraph 5, if consummated, would constitute a violation of Section 7 of the Clayton Act, as amended, 15 U.S.C. ‘ 18, and Section 5 of the Federal Trade Commission Act, as amended, 15 U.S.C. ‘ 45.
    IN WITNESS WHEREOF, the Federal Trade Commission has caused this Complaint to be signed by the Secretary and its official seal to be affixed, at Washington, D.C. this _____ day of _______________ A.D. 1998. By the Commission.
    Donald S. Clark
    Secretary
    SEAL

  14. OPPPSSSS – TDSF.com website oddly down? offline ? Hmmmmm. Interesting coincidence

    ian – w ‘anyone’ can file a notice of default – blank form on TD Services website:

    ‘Foreclosure’s Notice of Default’ Foreclosure request screen oddly enough just opens to anyone?

    https : // www . tdsf . com / rqsnod . htm

    TD Services dba TD Escrow Services,

    TD is a partner in a number of networks and a PREMIER provider for several industry providers including MERS.

    Look at cover pages provided in Discovery for “TD ”

    any DISCOVERY DOCUMENTS look for ‘TD’
    All dirty deeds done by the non-judicial state ‘TRUSTEES’ and Sub-stitutue ‘TRUSTEES’ and judicial states robo-firms.

    You are about to launch T.D. Service Company’s on-line request to prepare a notice of default.

    To initiate a foreclosure proceeding, please complete the request form on the following page. You must then forward copies of the applicable documents (as selected on the form) to our office. If you have any questions please contact our office at (800) 843-0260 and ask for a foreclosure specialist.

    By clicking the button below you agree to the following:
    I accept sole responsibility for the information provided to T.D. Service Company via this on-line form for the purpose of preparing foreclosure documents. I understand that this web application is proprietary to T.D. Service Company and is used solely for the purpose of initiating foreclosure proceedings. I have also read and understood T.D. Service Company’s privacy policy regarding on-line transactions.

    Chart of Document Services Outsource Work Flow, click on image, and save document using internet browser, file, save, TD_Doc_Outsource.jpg
    Paste URL and view documents http://www.tdsf.com/graphics/Outsource_flow.jpg

    Web-based Lookups, Electronic Reporting screen can be saved as a document “WEB-STAR” Lien Release Search. Click on the image and browser select ‘File’ save as TD_WEBSTAR_Lien_Release.jpg

    You’ll find in related documents and discovery, ‘Service#’ and ‘Loan#’ and Borrower Name, State, Payoff Date, Property Address. The Nancy Drew investigators will be looking at the screen image integration

    Data inside ‘input screens’ are saved inside databases and those databases used to create checks, wire transfers, falsified DOT’s, DOS,’s, Assignments, Liens, Allonges, Notes, etc

    TD preferred provider of MERS, a transaction partner with LPS, and can accept data for many of TD services INCLUDING LIEN RELEASE, ASSIGNMENT, FORECLOSURE, AND MANY OTHER TRANSACTIONS.

    TD ‘can send’ data ‘back to TD clients in wide variety of formats including:
    XML, hard-copy, txt, csv (spreadsheet default format to import and export data, and others.
    SECURE ‘FTP’
    web services,
    many othe rmethods.
    Reports & Billing on-line applications.
    On-line applications can interface (integrate) with customers’ in-house systems.

    TD partner IBM Business Recocvery Services (BRS).
    TD provides hot site aound nation mirror equipment duplicate TD’s operating environment and config.
    TD Data Security, as required by HUD, TD fully complaint with Gramm-Leach-Bliley Act (Financial Moderenzation Act) regarding ‘privacy’ of sensitive data. Consumers don’t realize when they sign credit application on-line or on paper, all bank-affiliates and non-bank affiliates globally have access to their data.

    Bruce Gauger, TD’s CIO responsible for TD’s

    ‘Trustee sale information’
    ‘lien releases’
    ‘reconveyance lookup’
    ‘assignment’
    ‘document research inquiryt’
    ‘dedicated FTP’
    ‘other’

    TD owners and benefactors constanting develop applications for their commercial clients who engage in commerce in private licensed communication channels or publically licensed communications channels.

    Publishing and posting of Legal Notices, Conducting trustee Sales, Senior Lien bidding

    TAC Trustee Assistance Corporation, a subsidiary of TD Service Financial Corp, weblink changed, Cached google not working, text only

    Publishing and posting of Legal Notices, Conducting trustee Sales, Senior Lien bidding.

    Established in 1985, Trustee’s Assistance Corporation (“TAC”) is a subsidiary of TD Service Financial Corporation. Its primary focus is providing publishing, posting, conducting trustee sales and related support services to the industry.

    TAC is headquartered in Santa Ana, California with a branch office in Phoenix, Arizona. TAC offers a broad range of services in the states of Arizona, California, Nevada, Oregon and Washington including:

    Automated Trustee Sale Hot Line:
    (714) 480-5690 (24 hours) Web-based Trustee Sale Lookup

    Publishing and posting of legal notices.
    Conducting trustee sales.
    Senior lien bidding.
    Connectivity to customer’s servicing systems, electronic transfer of publication data to newspapers.
    Messenger service for pickup and delivery of documents.
    Property inspections.
    Trustee sale/auction information free on web and by telephone (714) 480-5690.

    For more information, contact Renee M. Patrick (714) 480-5550

    This is Google’s cache of http://www.tdsf.com/tac.htm. It is a snapshot of the page as it appeared on Aug 8, 2011 18:36:42 GMT. The current page could have changed in the meantime. Learn more

    Full versionThese search terms are highlighted: td services

  15. Shelley Erickson- thanks for corroborating, once again, what we all know to be true. The media is drowning in their own self-importance. I find them all pathetic, for the most part. People with grim faces speaking of the ‘foreclosure crisis, the housing crisis, the housing bubble, the financial crisis, the debt crisis’, ad infinitum. We all know it is a fraud crisis, a veritable holocaust against the American people. The media? A bunch of uneducated, self-serving imbeciles who don’t have the strength of their own convictions, because they don’t have any. They are all reading off teleprompters, with the exception of Dylan Ratigan. He’s a loose cannon. Wish there were more like him.

  16. Hope 60 minutes see this. I was pretty surprized they did no t update also. When Rob McKenna announced a new conference on his law suit against RECONTRUST, in Washington State, the only reason we saw it on video of any kind was a friend I have met and her group were their and took a video they posted on the web. As far as I understand the news media did not show up. He is the attorney General for petes sake! Whos bought by the banks? Our media. This injustice is kept under wraps. Rob McKenna stated he is following up with suits against all the big banks. I sent a copy of the video and his law suit to Neil.

  17. seniorauthor

    I agree.

  18. NACA is a fraud and a sham. We spent two years trying to get assistance through them. I have to say their self-promotion is really great, but there is nothing behind it for homeowners. You get sent around the country to “events” where you can spend days waiting in line, only to find that your “servicer” didn’t even attend the event.

    The big fly in the ointment is that they aren’t getting anywhere with the banks, anymore than the poor struggling homeowners are. Fact are facts and the big, undisclosed fact is the damn banks don’t own the mortgages and they therefore can’t modify or refinance them.

    Save your gas and time you would have wasted on the NACA bullshit. Sue your lender in court. Until we wake up and sweep the crooks in the legislative branch out on their collective ass, and impeach that liar OBama, we are not going to get any relief for ourselves. Bankers own congress and the house. Their lobbyists tell our representatives, which we elected to do our bidding, how to vote. Without control of our representatives we are sold out. It’s time to clean house starting from the top down. How many more of our best, brightest young people have to die on foreign soil before you put a stop to OBama’s evil?
    Throw him and his cronies out, and force the Fed. Reserve to shut down. We can get back to prosperity and peace and doing what we Americans do best…design, build and WORK!

  19. Anon – no problem.

    The government supposedly has all the proof they need and they already cannot afford to do anything – your other suggestion for the people to move on it in my opinion is what is needed now. Who knows where that will go?. Too bad the support for the people by the people is not there. All I know is this situation had best be handled and sooner rather than later. It is destroying this economy and someone needs to do some weighing and measuring as to how this thing will play out and what can be gained. The right people are not yet in the game just yet if you know what I mean and that would not be the feds and the politicians that worked in tandem with Wall Street. Same old story. Let’s produce a new and truthful one this next go round.

    Signing off.

  20. Paul Allen’s stunning relevations on 60 Minutes.
    Those who’ve not read the book, Paul revals a glimpse of Steve Ballmer and Bill Gates ‘Integrity’ aligned with John Stumpf’s version of ‘Integrity’ definition “A sound banking system.” Both men conspired taking ownership of Paul’s stock.

    Congress blessed commerce global business would be through industry and strategic partnerships. financial agreements, financial interests in new companies, technology sharing, distributions through online and offline channels, in which the gobal collapse of the economy heard around the world September 2008 occurred due to anti-trust violations and lack of integrity.

    3/16/2000, Leland C. Brendsel, chairman and CEO of Freddie Mac public declarations include:

    Microsoft and Freddie Mac, strategic partnership, financial interest, and the #1 INVESTOR in global real estate industry blessed business would be done “Through HomeAdvisor Technologies. (“HTI”).

    Leland reiterates Freddie Mac is one of the nation’s largest investors in residential mortgages.

    FREDDIE MAC’s suite of technology tools announced would be available to strategic partners already benefactors and under Agreements.

    FREDDIE’s strategic partners and their ‘Mortgage Originations’ partners will benefit from open system platform.
    Memberships controlled to conduct business inside of virtual pipelines. Only subscribing members to multiple providers would ensure chunks of real estate industry controlled.

    FREDDIE MAC’s strategic partners and their own strategic partners will be able to deliver seamless, data exchagnes, integration of key underwriting engines, loan origiona systems ‘enable HomeAdvisor Technologies to provide faster, more efficient and lower-cost mortgage process to consumers.”

    In 2001, HTI tradename no longer used to nosie make by small lenders without contracts could not compete with FREDDIE MAC’s strategic partnes who conduct global commerce over on-line channels with their strategic partners.

    Pains of real estate industry were loud and clear in 2001 omitting small LENDERS left out. No contracts with FREDDIE MAC and/or stratgegic partners.

    Is it too late ‘FTC’ regarding the anti-trust violations?

    FCC are you really powerless as the regulator clearly Lynn S. provides federally acceptable ‘evidence’ in which business documents overed to be created by the strategic’s partners partners, did business over on-line and off-line communication channels licensed by Microsoft, Extreme Networks, etc., and those entities not affixed ‘national association’ nor ‘federal association’ bank privledges and OCC blocking enfocement of consumer protection laws. Clearly business transactions in which partners order counterfiet documents with intent which are filed with public offices and courts throughout nation and US terrirotires for which the ‘Conglomerates’ strategic partnerships controlled real estate industry and instrudted others to not follow the laws.

    FCC monitors communications carrier channels and the ‘seamless transations, and integrated networks linking data capture, decisioning, underwriting engines, third party service prociders to mortgage pricing conduits in secondary loan market.

    2001 smaller lenders reporting anti-trust violations and strategic control of real estate industry and unfair business practices .

    Voluntarily HTI tradename no longer used was a solution preventing the strategic partners control of real estate industry?

    The partnership clearly controlled the real estate industry globally. What happened to purpose of FTC protecting consumers and protecting welfare of nation, how did Congress cross off th e’bucket’ list protecting welfare of nation and due dilligence to protect welfare of nation as primary responsiblity? yet ignoring the ‘anti-trust violatons’?

    President Obama, suggestion, language in TREATIES? and UCC and Executive Powers! Hello please break up the monopoly and control of the communications channels on-line by the strategic partnership which destroyed the economy in only 7 short years.
    As Commander-in-Chief we are watching as you sit with our grievances on your desk, we seek prayerful emedy and petition you to enforce the laws that Congress prevents enforced. Laws state and federal nationwide broken directly harming welfare of the nation!

    Steve Ballmer, CEO & President announced partners who own tradenames and technology open system platform, partnered to revolutionize global commerce carrier of the digital transactions forever changing landscape of the world and domestic real estate industry.

    3/16/2000: Microsoft Joins Forces With Freddie Mac, Chase Manhattan, GMAC-RFC, Norwest Mortgage and Bank of America, owners of the technologies directly responsible for controlling real estate industry, finance universe, and commerce over internet channels. Microsoft as a conglomerate introduced the ‘tradename’ HomeTechnologies.com and subsidiary Tuttle Decisions suite of software new interface partners would conduct retail and commercial & residential mortgage-closings converting paper transactions into digital transactions, carried over communication channels globally conduct commerce under rules of Uniform Commercial Codes.

    Partners owning the technologies, open system platforms, communication channel licenses, did syncronize the clocks of the new world, 21st Centory, Year 2000 (Y2K).

    3/13/2000 the conglomerates having updated classifications to conduct commerce under Federal Reserve System, changed from bank-holding companies to financial holding companies, now able to conduct business globally over wide world web!

    FREDDIE as INVESTOR able to control real estate industry purchases of Alt-A non-conforming mortgage products.
    FREDDIE & Microsoft publically promote global commerce and global partnerships with FREDDIE MAC and Microsoft and the three musketeers, instant giants amd preferred providers of technology suites and related services over the open-licensed channels and private-licensed channels able to conduct commerce globally,

    1995-2000 acquistions and mergers of the servicing side largest providers of non-conforming financial products funded by Nationsbank, US TRUST, BONY, HSBC….commercial separated from pipleline feeding residential side (Chase, GMAC, BOA and WFC).

    Transactions not subject to state laws, commerce governed by Uniform Commercial Codes and Private FInancial Agreements ‘statements’ both domestic and international, commerce transactions not under fiscal control of the treasury of the states.

  21. seniorauthor

    We need the government/agencies to act upon proof – if they choose not to — proof is worthless.

    Also need a Woodward and Bernstein. Any suggestions??

    And, we need people to come together — a coalition — as I have said for a long time.

    Again, sorry about the rock — just want all to keep open minds.

  22. After the video, then what? It only made things worse because she laid it out there and we got the confirmation that nothing would be done and it wasn’t. The legal aid people have been to some degree a joke as was HOPE and all of the other non profits that were supposed to be oversight agencies that took money from the taxpayer to keep them running for the past 15 years. No our problems started way back when and the taxpayers have been paying for their worthless services of non profits that were supposed to be protecting the people since time. Do you really think these agencies were going to stop the freight train of prosperity for Wall Street even though they knew the people would be on the train to despair for years not to mention the far reaching effects both nationally and globally.

    The banks could see which way this fight was going and they weren’t worried, why should they be. The 95% never took a stand and in fact believed it was the dead beat borrower who caused all of this. Something we have heard a million times, but of course now the 95% know that is not true, but unfortunately too late, maybe. Fighting it single handedly simply will not get it.

  23. I know this is a couple of years old,but if Congresswoman Marcy Kaptur gets it, why can’t the rest of her colleagues get it? That’s a rhetorical question btw…. THIS IS A MUST SEE

  24. How do the people gain the evidence from the government?
    ‘Knowing’ and possessing proof are different, when going to
    court. When viewing fraudulent documents how do you prepare
    these documents for the court?
    BTW as a viewer of your site, I find your work excellent.

  25. Carie, You ARE absolutely right! And I’ve got the proof.
    I wrote a long answer to my proof, but my computer shut down the moment I pushed send.
    I’ll have it soon!-could someone read it?-makes ya wonder.
    Colleen

  26. The point I was attempting to make was “we know the government knows, and all the rest tied to the government” and that they have no intentions of acting on that proof. It is the people who need the proof and put it to them blantantly enough to demand justice. A little something I have been fighting for since 2004, 24.7. We are silent about the help we offer to those who cannot afford assistance.

    Again, the proof needs to be presented to the people who can demand their place at the table and take out the politicians that helped create this mess along with Wall Street.

    Don’t worry about the “under a rock statement, one might be surprised.

    Until the people present something and do something, the fraud will continiue, the banks will get a pass and in doing so, will sacrifice the rule of law. There is nothing more to say.

  27. Ian:

    Remember, I am under a rock.

    Since there is no mystery to what has been done on the refinances over the past years, some 30 million you say, the people have this opportunity that has been presented to them to make something happen.

    I have read many of Anon’s postings regarding the mortgage demise and have appreciated and agreed with them for the most part. A little surprised at his comment to me however, not an aspect of the type of response I had ever expected to receive.

    Time will tell. Thanks anyway.

    .

  28. seniorauthor,

    Sorry about living under rock — it is not typical of me. But, fear too many just believe what they are told —

    Government has the proof — they know — question is — when are they they going to get out of bank’s clutches –and expose it???

    I understand that we have an extremely dire economic situation and a sound banking system is essential. But, we have not had a sound banking system for quite sometime. A sound banking system is not built upon fraud. And, they will not solve the problem by continued cover-up. They should have stood up to the crooks from the onset of the crisis — they did not — they capitulated. And, they continue to capitulate — with guaranteed future economic deterioration. Cannot grow an economy with near zero percent borrowing terms. And, cannot grow an economy without the people. Cannot continue to hide the fraud by which “the chosen” profited. Cannot continue to hold the people accountable to fraudulent mortgages — that were not even mortgages — and – cannot continue to hold people accountable for fraudulently inflated home assets by which the fraud metastasized.

    But, if they choose to continue — we will not recover — not just us — but also — “the chosen”– and the country as a whole. .

    kicboxer, — I am not gone — just extremely busy —

    Congress wants the proof? (not sure they do – there goes donations) — Get me there.

  29. seniorauthor- all the current frauds notwithstanding, think about the following; 30 million borrowers ‘refinance’ their mortgages, but the problem is there are no mortgages, only collection rights on default debt. BUT…. each borrower pays, roughly, $7500 in CLOSING COSTS- but there is no closing! And the dirtbag servicers/originators make off with another 22 billion for NOTHING! And give the homeowner a bait and switch at closing, throw them a couple grand if they’re lucky. And that wasn’t even the fraud we are all talking about here. Multiply this by numerous refis over many years. “closing costs”. Now there’s a term which bears explanation.

  30. Agree with 2/3 of what anon says, but all I was really asking for was some proof. I assume that all of you have that now, along with the feds and everyone else. Was hoping someone would cough it up and go public, but no one is protecting the people even though there are those that swear by the fact that the loans were fraudulent (only the subprime Ioans as I understand it.). If we thought making fraudulent loans and pulling off the biggest heist that this nation has ever seen was the issue, we would be wrong, as it is the effort being made by the very people who are supposed to protect us under the rule of law have made the agenda of Wall Street a success.

    No, I have not been living under a rock. I want more than just words. And it will take more than the words of those on this site to get the other 95% going in order to address what you now say is true and give the homeowners who were so wrongly victimized by Wall Street their day in Court and proper restitution. A little something I have been trying to encourage for the past several years.

    Thanks for your comments.

  31. In Nancy Drewes’ lastest comment posted, the following domain is
    up for sale.
    HomeAdvisor.com
    http://fpq.biz/domsales.aspx?homeadvisor.com

    Caries’ theory can hold water, also the theory of the banks having
    no skin in the game by getting taxpayers monies through the GSEs
    is also capable of holding water. We can thank the federal government for expanding the powers of the 1983 law that supposedly
    leveled the playing field for more people to purchase homes. The banks were forced into a corner, and when the doors of fraud were
    flung open wide, they jumped through them. And the greed has
    spread from there like a disease.
    Just think of the enabling government as a pawn shop, and the banks/mortgage companies as debt collectors.

  32. @ ANONYMOUS,

    Your comments are way too infrequent. I always looked forward to reading your point of view on these matters. I think the banks really feared your contributions here so they must be rejoicing now that you no longer comment as you used to.

    Hope you are well.

  33. I’d sooner live in my parent’s garage or in tent city than rent a foreclosed property.

    So long as leadership keeps ignoring the foreclosure crisis, I will not spend, I will not consume. I don’t think I am the only one that feels this way,

    Let the housing market be damned, let the economy continue to go down the shitter.

  34. Yup…”Here, let me rent to you—the house I stole from you…and let’s just start over and pretend that silly massive fraud never happened, what do you say? Such a deal!!”

    Shove your deal, Hier Giethner…the people are waking up…and they’re not gonna take it anymore…

  35. Posted on 60 Minutes Website under Paul Allen’s stunning revelation about Steve Ballmer CEO & President of Microsoft technolgies at the time duly accountable for the technology revolution with internet channel licensed to MSN, regulator FCC, and facilites the filing of falsified documents. Please visit 60 Minutes and post your comments.

    Here is mine taking 2000 announcement so you all will focus on how the transactions were/are happening:

    by protectuspeople August 10, 2011 7:38 PM EDT
    Steve Ballmer CEO & President, Microsoft’s HomeAdvisor Technologies Inc. partnerships with FREDDIE MAC Chase.com GMAC-RFC, Norwest Mortgage & Bank of America automated manual 30 days into 10 days skipping recording recording mortgage deed of trust and collateral. Revolutionized real estate industry, sadly, Steve forgot to include ‘integrity’ in automated open platform. Stunning revelation by Paul that Steve Ballme & Bill Gates conspired to ‘steal’ Paul’s stock . No surprise then the virtual real estate industry channelwhich joined forces with Steve Ballmer & executives of Freddie Mac; Chase.com; GMAC-Residential Funding Corp (GMAC-RFC); Norwest Mortgage Inc., a Wells Fargo company; and Bank of America joined MSN(TM)as strategic partners and owners of the open software platform global network connect financial universe mortgage transactions. Widespread adoption of partners insures distribution to their partners, representing the majority of the nation’s real estate and mortgage professionals and integrates funding Alt-A non-conforming real estate transactions around credit checks, appraisals and underwriting decisions.

    Acquisition of Tuttle Decision Systems Inc., mortgage technology loan platform integrates depositors, sellers, purchasers, temporary lenders, underwriters unrelated third partys, insurance companies, title companies, attorneys.

    3 divisions, formed the nation’s leading consumer and business-to-business real estate and mortgage e-commerce company:

    Transaction Platform Div combines Microsoft(R) technology w/electronic loan decision processing tools (credit, underwriting & property valuation) partners streamline and automate all aspects of the mortgagereal estate transactions eliminating paperwork and red tape.

    Microsoft developed and maintains platform technologies distributed by partners to banks, lenders and real estate professionals, allowing real estate and mortgage professionals to pass along significant savings in time and cost to their own commercial brokers, dealers, distributors, brokers, attorneys, title & settlement agencies.

    Productivity Tools Div real estate professional tools expanding businesses while enabling industry professionals to fully utilize customized versions developed Realty Desktop, complete suite of tools specifically for the nation’s leading real estate companies.

    HomeAdvisor.com Div incorporate consumers with every aspect of buying, financing, moving into, maintaining, improving and selling their home. First site to offer loan platform promoted through aggressive consumer marketing campaigns.

    Jonathan Gaw, research manager of consumer e-commerce at IDC bless technology binding mortgage quotes in real time boosts the development of online real estate industry

    Microsoft’s majority stake in HomeAdvisor Technologies Inc.; Chase.com, Capital Partners, GMAC-RFC, Norwest Mortgage and Bank of America equity interest.

    Freddie Mac provided significant technology contributions, with financial interest in the new co. with strong ties back to industry partners and parent companies in the form of commercial agreements for technology sharing and distribution through online and offline channels–Leland C. Brendsel, chairman and CEO of Freddie Mac makes suite of innovative tools available to our lending partners, and enabling them to deliver a faster, mortgage process to consumers.

    Tuttle’s technology in 2000 networks over 800 mortgage banks across the country to the nation’s largest mortgage conduits and facilitated the electronic registrations via seamless data exchanges,integration of key underwriting engines,d loan origination systems unique venture is a natural extension of Chase’s long-standing relationship with Microsoft and brings together highly trusted companies and industry leaders that share a clear vision for creating new business models for the Internet economy,” said Denis O’Leary, executive vice president of Chase Manhattan and head of Chase.com.

    Chase Home Finance, the nation’s leading mortgage originator and servicer, using Internet for Chase’s entire financing correspondents, brokers, realtors and corporate customers with strong ties to MSN through a long-term commercial agreement that makes HomeAdvisor.com the network’s exclusive channel for home, real estate and mortgage decisions customers access to the most integrated shopping and e-commerce experience available on the Web today.

    Chase.com said Microsoft is the mortgage technology company best positioned to deliver real value said Bruce Paradis, president of GMAC-RFC. Microsoft’s technology leadership with our deep relationships& expertise in finance industry will be extremely tough to beat.

    wfhm.com largest direct lender to consumers, enters into this virtual relationship,” said Pete Wissinger, president and CEO of Norwest Mortgage Inc.

    Microsofts’ HomeAdvisor Technologies dramatically changed real estate industry into global network and harmed economy.

    Read more: http://www.cbsnews.com/8618-18560_162-20086892.html?assetTypeId=30&messageId=11154265&tag=contentMain;contentBody#ixzz1UflE8syf

  36. Well — for my now occasional comment —-

    BRAVO — Mary

    And, to — seniorauthor — you are living under a rock. Maybe – is past your ability. But, listen and learn.

    Problem with AGs — and government agencies — they are still trying to save the banks. The banks being the original culprits of fraud.

    Now, as the “market” continues to dive due to global distress, it finally reflects a true US economy — hit the pits. And, where did the source of mortgage fraud originate?— in the land of US financial services — who were given free reign by Congress — politicians (by campaign donations) captive to the whims of the CEOs.

    Today, the Obama administration is asking “investors for ideas about what to do with foreclosed housing properties, including the possibility of turning government-backed projects into rental homes.” (numerous publications).

    And, why is Mr. Obama not asking the American people??? They are asking Investors???? The banks were the INVESTORS — Mr. President. You are asking the crooks for another one of their brilliant solutions — which they would never honor anyway.

    And, Mr. Geithner??? Here is his quote —- “Exploring new options for selling these foreclosed properties will help expand access to affordable rental housing, promote private investment in local housing markets, and support neighborhood and home price stability,” Geithner said.

    Oh, so they would continue to cover the fraud by offering renting contracts to the victims that were defrauded???

    Absolutely amazing.

    Well, Mr. President, and Mr. Geithner — I have a suggestion —

    First, we all now know that the foreclosures are fraudulent. And, now you want to rent them– maybe — to the victims??? Start with a real investigation regarding foreclosure fraud. Victims do not want to rent — they want their homes – -which have been fraudulently taken away from them — on your clock.

    Second — write down the fraudulent loans to the discounted price the banks fraudulently purchased collection rights for. And, for those Fannie/Freddie current defaults for which bank debt buyers now refuse to purchase collections rights (due to their dire situation) — write those loans down to what the GSEs would have been able to sell the fabricated defaults to the banks at a discounted rate — had the not the crisis halted the fraud.

    Third, after the appropriate write down — give these homeowner victims the same interest rate to borrow that you are giving Wall Street —–
    What is that rate??? Believe a percentage of a one percent.

    That ought to help —

    Renters?? because of the banks’ fraud??? NO — we will not accept.

    Get on the phone, my friends, to your Congressman, Senators — write emails, letters — whatever you can do.

    As The A Man used to say —- “NEVER AGAIN.”

    The people are still America. There can be no investors — no banks — no government — nothing — WITHOUT the people.

  37. Exactly…that is why they are fighting to avoid discovery…because the massive fraud would be uncovered…

  38. My question is if you receive a loan modification does that waive your rights in a court of law?

  39. Carie ,

    I am no expert but what you posted about the cash flow machinations and the collection rights has the ring of truth to it and would explain quite a lot about failure to comply with discovery, If the AG’s had any balls this “theory” would be fully tested within a week.

  40. Carie,

    Could you answer this question it sounds like Ms Cochrane is stating if you received loan modification you may have waive your rights in a court of law.

  41. Carie:

    I still have not seen anything that proves this outrageous concept which you feel is what has happened. I also know there are a few others that somewhat agree with you.

    But the King is not wearing any clothes.

    I swear, I wish I could accept this line of thought, scenario or reality, but it has gotten way past my ability to understand what you say has happened. When one reads it, it comes across as a bunch of foolishness even though after seeing the fraud, etc., if you are right, I now understand why the feds, the AG’s and the title companies cannot straighten the mess out.

  42. continued…

    “The “investors” in these subprime “refinances” — were debt buyers of the collection rights from F/F. And, if there was a subsequent refinance — of collection rights the “investor” may or may not change. There is no dual funding — just because some cash was provided to the borrowers by the “investor” debt buyer — in “cash-out” — does not mean that the securization of collection rights “refinances” — was split. The subprime securization was funded by the debt buyers “purchase” of collection rights — thus, the debt buyers “investments” (hence the word investor) was the money they put up to purchase the collection rights from the servicer — who purchased from F/F — and any additional cash paid out to borrower —— the whole “collection right” bogus loan is securitizaed with subsequent derivative Security Investors receiving pass-through of cash flows. But, the security investors to these (bogus) trusts are NOT the creditor/mortgagee — just as security investors to F/F were never the creditor/mortgagee. And, just as with F/F — once these subprime “refinances” became delinquent — the servicer would advance payments to trustee for security investor pass-through for a certain amount of time — until the servicer deems the loan not collectible — at which point the servicer ceases making advance payments and the collection rights to that loan are also swapped out of the bogus subprime trust. Note — there is no change of security hands with a “swap out” — swaps are contracts –not securities. Securities can only be on current cash flows. Once the current cash flows cease — there is no more security — that is when contract swap comes in.

    Also, note that the credit enhancement mezzanine tranches were funded first — these subordinate tranches represent the right to “collect” on collection rights — and the only funding was the purchase of collection rights. Banks were/are the debt buyers — until they dispose of collection rights to a another party. The upper tranches (falsely rated as AAA to A1 etc.) — thus, the cash pass-through tranches — were owned and kept by the security underwriter subsidiary to the bank. Then, the both the mezzanine and A tranches were repackaged into CDOs — to be sold as pass-through to derivative security investors.

    As to AIG — and any other “security investors” — these security investors — who are different from the debt-buying “investors” — are suing on the marketing of fraud in the securities themselves — that is — that the securities were derived from bogus “loans” — which they certainly were. But, these security investor lawsuits can never directly sue against the borrower — because security investors are NEVER the creditor. These security investors sue on the investment income lost because of fraud — and they sue the bank perpetrators.

    Remember, if security investors are naming themselves as the creditor in foreclosures (which would be false — but assume for a moment that it is valid) — then they are collecting damages by the foreclosure itself. The security investors cannot then go and sue the security underwriter for MORE damages. This would be collecting damages — twice — dual damages.. And, would be fraud upon the courts.”

  43. “There are millions of mortgage loans in valid traditional mortgage-backed securities trusts.. Valid securitizations included mortgage loans securitized into Freddie/Fannie sponsored trusts. Thees loans were compliant as to loan limits, debt to income, risk, etc (although by repurchases now know many F/F loans not valid). The security investors in F/F securitizations are NEVER considered the creditor to borrower. The security investors just receive pass-through of cash flows while the home owners are paying.. The mortgagee to borrower is the originator that sold the loans to Freddie/Fannie. However, there is question that F/F should be the mortgagee because loans were sold then sold to them. Whether or not F/F is mortgagee/creditor — or the originator — the security investors are NOT mortgagee/creditor — and, not either is the trust or trustee — or servicer. Security investors do not sign satisfaction/discharge of mortgage when F/F loans are paid in full.

    When loans in F/F REMIC trusts (also used to be called PCs) —default for 3 months — the collection rights to the loan are “swapped” out (sold) to the servicer. Most of the servicers had agreements with F/F to purchase default loans — this was called “credit enhancement” — a form of insurance that passed any losses on defaulted loans from F/F back to the servicer. Sometimes, F/F would sell these defaults to servicer on an individual basis — and sometimes F/F would wait and “pool” the defaults to sell as a portfolio to either servicer or other “credit enhancer” to their trusts. But, this would NOT affect security investors — as the original trust — with thousands of other performing loans would stay intact. Once the servicer purchased the collection rights — they would sell collection rights at a discount to debt buyer “investors.”

    This is where big problems started – with subprime securitization– 100% of which were refinances. This means at some point, these “refinances” were a prior F/F loan that had been charged-off and removed from F/F trusts. And, when the charge-off and removal occurred — only collection rights survive. Thus, the subprime refinances were simply modifications of collection rights – certainly, they were not a new mortgage — as the subprime refinance originator falsely portrayed to homeowners — because the borrower still owed on the F/F default loan — even though the servicer purchased the default loan from F/F – the borrower still owes — but not a mortgage — only on collection rights. The borrower cannot get a new mortgage — all they were getting was a modification of collection rights to a default loan. Most often, homeowners were not even told they were in default on F/F loan — credit reports would not reveal. And, as the demand for subprime “refinances” increased — servicers started manufacturing defaults to meet the demand.”

  44. Carie: I wish I could understand this line of thinking because I have seen no support that validates it. Depositors according to most of the PSA’s I have read, have indeed assigned the servicing rights (please let’s call it what it has been called for the past 75 years) to a named master servicer. There is a PSA filed with the SEC. What you are saying, if it is true, must be dealt with as there would be substantial tax consequences would they not. I have heard of forgers putting forged notes and filing the liens, but the American people did sign the note and mortgages – I really wish I could get it, but even after the 48 years in the business, this doesn’t hunt. Probably something I never ran into before and you can help me.

    I am working now with the IRS to get an opinion about whether these loans are real and whether or not they got into the pool.

  45. carie, thank you again. I am beginning to understand ‘collection rights’ now, thanks to your posts.

  46. NACA–still pretending like there are real mortgage loans—to be modified.

    Again, this WHY they are NOT “mortgages”, and NACA is perpetuating the FRAUD:

    “First, ‘certificate purchasers’ are the banks themselves (security underwriters) and they only purchase a “pro-rata” share to a “pool” of cash flows —- that is all — they are NOT the mortgagee/creditor (the trust is assigned the loans from which the pass-through cash flows are derived –it is the DEPOSITOR (subsidiary) that owns the collections rights (they are not mortgage loans) and the Trust itself. The “certificate purchasers” (the bank security underwriters (another subsidiary) themselves) then repackage the certificates to “pro-rata” cash flows into CDOs that are marketed to security investors — who are also never the mortgagee/creditor. According to all PSAs — there must be a documented valid sale of the “loans”, with supporting Mortgage Schedule to the Depositor in order for any Trust to be valid. There was never any valid sale of loans — and the loans were never actually loans — they were collection rights.
    Second, since the “loan” refinances (subprime/alt-a) and jumbo new purchases were non-compliant and non-performing manufactured defaults, no ‘funding’ at all was necessary (except for the cash-out for the loans). The warehouse lines of credit never actually transferred any actual cash for funding. These lines of credit were simply “credit lines” that the “Depositor” would provide to their correspondent lenders. Once the “loan” refinance origination was completed the Depositor would then reverse the “credit” owed by the correspondent (originator). This never involved any actual deposit of cash proceeds —- the “funding” payoff check is never “deposited” into any bank account. The check is routed to a security derivative clearing house — who then simply cancels the credit-line transaction.
    Third, it is not productive to state that since someone else was actually making payments on the “loan”, “albeit” not the borrower, that the loan is not in default. Courts do not care about this — they only care if the borrower is in default. However, if the actual party does not come forward claiming that the debt is owed to them, and the actual party cannot prove how they came to own the collection rights — borrower does not owe the debt to anyone. That party is never going to able to demonstrate that collection rights belong to them because they would have to divulge the above fraudulent process and that the “mortgage loan” from onset was not a mortgage but, instead, collection rights. This admission would also mean that the “debt” is unsecured and can be discharged in BK.
    Do not need to know the “processes” — subprime/alt-a/jumbo refinances (as nearly 100% were refinances) — were and are nothing more than a transfer of servicing rights to false collection rights. And, jumbo new purchases fit in the same category.
    This does not preclude QT challenge — all for it — just want most to understand — we are not challenging mortgage title — it never existed in the first place — we are challenging ANY title based on fraudulent loan (collection rights) assumption – and fraudulent mortgage title origination – to begin with.
    All is NOT as THEY would like it to appear to be. Far from it. If you call them a “mortgage” — when it is not a mortgage — they will try to find some way to hold accountable —-this is wrong – and it is FRAUD. Just because it looks like a “duck” — does not mean it is a “duck” — no matter how it “quacks.”
    Unsecured — name of the game. .
    Subprime/alt-a/jumbo — were not mortgages — they were transfers of collection rights (albeit — with escalated balance owed and egregious terms). Once the Note/loan — is charged off — no more mortgage — only collection rights survive.
    TARP Inspector General — Footnote 35 again — and again– and again.
    “Without the note, a mortgage is unenforceable, while without the mortgage, a note is simply an unsecured debt obligation, no different from credit card debt.”
    Securitiztion can be for any cash flows — but the security investors are NEVER the creditor. In the case of subprime/alt-a/jumbo securitization — there were no mortgage liens — the cash flow pass-through was only for pass-through of cash payments to collection rights. No mortgage lien – not mortgage — no pass-through of collection rights itself. Transfer of servicing rights only.
    The “investors” were the debt buyers that purchased the collection rights — period. The security investors were duped to believing that the cash pass-through was to valid mortgage liens. But, these security investors never were the lender, never were the creditor, and never were the mortgagee — because there was never any valid mortgages!!!!! And, security investors are NEVER the creditor.
    CDOs??? nothing more than derivatives from the false assets that the false securitizations were based upon to begin with!!!”

  47. on THE CALL this morning they interviewed Jamie Dimon the CEO of Chase. He was in Monterey California on a Chase ‘roadtrip’.
    1. Mr. Dimon stated that the S&P downgrade is just an opinion.
    2. he said that the US needs to show fiscal discipline (didn’t Chase receive $25 billion in TARP funds?)
    3 when Mr. Dimon was questioned about Meredith Whitney’s recent assessment that US Banks were ‘Zombie Banks’ he said it was hogwash!

    MEREDITH WHITNEY:
    “The large banks which dominate most of the lending in the United States are effectively zombie banks,” Whitney had told CNBC, according to its website. “You’ve got an expense structure that just doesn’t match the revenue structure.”

  48. Television, wire, satellite, and cable.

    The FCC is directed by five Commissioners appointed … wire, satellite, or cable.

    47 U.S.C. §151 – Title 1, Section 1 of the Communications Act of 1934, … and residential markets.

    • FCC Commissioners Know best how to stop deceptive and illegal practices such as telemarketing fraud …

    21st_century COMMERCE ‘structure’ UCC intrastate and interstate nationwide, global, finance universe subjects residents in USA and other countries to deceptive practices in which ‘TRUSTEE’ not a business entity, individual of a fictitious entity called by the SEC an ‘Issuing Entity’ c/o a pass through agency who acts as the ‘depositor’ for a Trustee does accept collateral via eDelivery from eParticipations whose shred original promissory notes converted into eNotes which are copied and traded in deceptive acts that cloud the title and in order to give real estate note to TRUSTEE the ‘mortgage brokers’ of both bank-affiliated and non-bank affiliated attorney’s who are members of eLYNX, for example, process Closing Instructions, and accept Wire Transfers of ESCROW in which title and settlement agents, and bank attorney’s of the mortgage brokers as individuals ‘accept in their own name’ PRE-FUNDING c/o TRUSTEE c/o Closing eLENDERS Correspondents whose taking of real estate deceptive acts file falsified documents causing consumers and welare of nation, economy, third element of our national security, substantive harms recognized September 2008. Without the virtual networks built and funded 1995-1999 and the classification of financial holding compaines in 2000 which allow affiliates to do business in name of ‘tradename’ over the internet the original transactions and subsequent transactions harmed each consumer and the ‘members’ of the internet who engage in commerce are in collusion with the TRUSTEE’s takings of properties by deceptive acts, clouding titles on properties via the information technology members with licenses whose owners of the licenses are related and benefit from the transaxctions. Without the internet, and without the nationwide networks integrated by the owners of the technology including Microsoft, the members would not be able to sell and trade real estate transactions and properties harming the welfare of this great nation 1995/1996 merger of Lawyhers Title Corporation, LandAmerica, Commonwealth, Fidelity, First American, etc…… Microsoft & FREDDIE MAC Agreement in 2000 cinched the consumer to be networked into the nationwide network technology lines of wire, wireless, satellite, broadcast, and cable … complaints. � Show zero tolerance for perpetrators of consumer fraud such as slamming and cramming. Impose … . . a rapid, efficient, Nationwide, and worldwide wire

  49. FCC (Federal Communications Commission) Where are you. Alike Waldo we don’t see you in the puzzle pieces…as regulator protecting consumers from frauds which harm welfare of this great nation. FCC you are vested powers by CONGRESS to protect welfare of nation and OCC does not have vistorial powers over FCC, so where are you the evidence in general purpose business entities not affixed national association and federal association, conjoined by Martin Act with Attorney General in New York, a home run!

    FCC where are you regarding eFalsified documents purchased (COMMERCE) via nationwide integrated network ?As documented by FBI trained expert witness? Why do you turn your back FCC? US Constitution all power regarding COMMERCE vested to CONGRESS both Houses. Congress prevents enforcement of laws both federal and state vesting vistorial powers to MOUTH of Federal Reserve ‘OCC’. Martin Act, and Attorney General of New York.

    Mortgage Assignments to Washington Mutual Trusts Are Fraudulent Posted on August 7, 2011 by Neil Garfield
    http://livinglies.wordpress.com/2011/08/07/study-mortgage-assignments-to-washington-mutual-trusts-are-fraudulent/

    EXPERT WITNESS:
    FBI Trained and Certified and trainor of FBI!

    FCC where are you?

    Expert Witness Lynn Symoniak with due dilligence continues reporting frauds of commerce in which paid for a fee, employees of information services technology giants subsidiaries, third parties, bank-affiliates, non-bank affiliates, continue perpetuating mortgage frauds for TRUSTEE including the most recent recognized witness updates of Mortgage Fraud

    Bank of America
    JP Morgan Chase
    Lender Processing Services
    WaMu Trusts
    Washington Mutual
    WMABS Trusts
    WMALT Trusts

    Action Date: August 6, 2011
    Location: Jacksonville, FL

    An examination of over 5,000 Mortgage Assignments to Washington Mutual Trusts shows that these Trusts (WaMu, WMALT and WMABS) used Mortgage Assignments signed by employees of JP Morgan Chase to foreclose. The most prolific of the Chase signers, all from Jacksonville, Florida, include Elizabeth Boulton, Margaret Dalton, Barbara Hindman, Patricia Miner, Roderick Seda and Shelley Thieven. These Chase employees sign as MERS officers on behalf of at least 30 different mortgage companies to convey mortgages AND NOTES to Washington Mutual trusts that closed years earlier.

    In the vast majority of these cases, Bank of America is the Trustee.

    Because the original loan documents are missing, Bank of America allows Chase to make up new documents as needed to foreclose. The vast majority of these Assignments state that the Trusts acquired these mortgages in 2009 and 2010.

    There are two separate frauds here:

    1. not having the documents despite the promises to investors that the documents were obtained and safely held; and

    2. fabricating the replacement documents to foreclose.

    In almost every case, Bank of America is the Trustee.

    Did the FDIC just not notice any of this? There are thousands of these specially-made Assignments signed by Chase employees for WaMu, WMALT and WMABS trusts used across the country.

    When Bank of America did not use documents fabricated by Chase to foreclose, it used documents fabricated by LPS in Dakota County, MN

  50. eLynx Document Fabrication and Expedited Forgery System
    Posted on July 30, 2011 by Neil Garfield |

    Mortgage Broker’s for Originator’s bank attorneys utilize eLYNX. What is eLYNX? One of the eLectric delivery systems integrating all different members with authority over transactions in nationwide and network and financial global universe, including ‘Clearing House Association’ and LSTA, and LLI, and TD Services dba TD Escrow Services, and eCnomica, and …

    Let’s stop at eCnomica for a moment. Review their website and you’ll find how transactions GMAC BANK TRUST OPERATIONS Approval 1999 forward eCnomeia whose integrated with FIDELITY (FIS) Fidelity Information Services, and MERS and
    eLynx integrates electronic document delivery, online forms, electronic consent, and eSignatures into commercial client’s portals. Information and documents from multiple systems of origination can be presented within a single, consistent interface. Borrowers can provide information back to you securely and electronically. They don’t mean ‘consumers’ they mean everyone else.

    Authority of MEMBERS to ORDER (COMMERCE) and PAY for ‘transactions’ in which the FCC Federal Communications Carrier reguolatory agency with authority over alleged unlawful business acts!

    Robo-signatories exist inside of all providers of eLectric LPS/DOCX remediation’s, the nationwide network of attorney’s & title & settlement agents who are eLynx and/or eDelivery participants and not part of MERS as a MEMBER but the ‘common denominator’ of all ‘retail’ escrow transactions who link to the MERS members through other services including LPS/DOCX and eLynx and TD Services.

    TD Services dba TD Escrow (special services just for non-judicial states) part of the MERS network. Look at graphic revealing ‘MERS’ and Fidelity and the cloud and….

    Consider the fact in the member profile, that MERS identifies who is an eDelivery and eParticipant — a rather significant fact that the systems and transactions are indeed integrated. Many have asked ‘what is eDelivery and eParticipant’ well its eLynx members who are integrated with MERS Members

    Who is the MERS MEMBER? First 7 digits of a ‘Min’ # are the ‘Members ID number assigned. You can view the profile of the member who handled one transaction controlled by a 10 digit agreement (sale or purchase) number followed by a hyphen and control digit. Not all transactions are recorded in MERS long arm reach database. But LPS and DOCX and TD Services and eLynx all are integrated to communicate via the ‘cloud’ internet.

    For those of you who have never viewed a ‘MERS’ Member Profile pay particular attention to eRegistry Participant and eDelivery Participant and Lines of Business.

    Remind yourself that Wells Fargo Commercial Bank does not do residential mortgages clearly restated June 1998 in the public domain. Mark Oman of Norwest and Pete Wissinger liked the ‘stagecoach’ private brand label better than the ‘Norwest’ image of Alt-A assets and subprime lending.

    Example of ‘servicer’ and ‘escrow’ transactions both eRegistry and eDelivery.

    Corporate Name: GMAC Mortgage, LLC
    Address: 3451 Hammond Ave Mail Code 507-345-186
    City,State,Zip: Waterloo, IA 50702
    Toll Free Number: (800) 766-4622
    Direct Number: (800) 766-4622
    Fax Number: (999) 999-9999
    Primary Contact: GMAC MERS Dept.
    Website: http://www.gmacmortgage.com
    Member Org ID: 1000375
    Lines Of Business: Originator, Servicer, Subservicer, Investor, Document Custodian

    eRegistry Participant: Yes
    eDelivery Participant: Yes

    Notice ‘eDelivery’ an enterprise-wide eDelivery solution including Settlement Agent Management and integrates with ‘MERS’.

    Settlement Agent Management ‘common denominator’ for all ‘retail’ servicer escrow transactions nationwide.

    “With the increased risk of fraud and greater need for scrutiny in the loan process, lenders need more transparency with their closing partners and agents.

    The Settlement Agent Management (SAM) component of the eCN from eLynx gives lenders the tools and information they need to work with their closing partners.

    At the heart of eLynx’s electronic closing network (eCN) is SAM. 100,000 of the nation’s closing agents are registered and maintained within eCN. Registered agents handle closings for virtually every bank in the US. It is a simple process taking a settlement agent just a few minutes, but it greatly reduces a lender’s risk of fraud perpetuated by closing agents.

    SAM also provides greater visibility into the status of the closing including the scheduled closing date and information about funds disbursement.

    eLynx (company) products tracks and audits document delivery & receipt even can automatically print and mail documents if eDelivery is not successful

    “For over a decade, eLynx has provided the most secure eDelivery applications available, allowing you to securely send data and documents wherever they need to go.”

    Provides secure document delivery with tracking and auditability
    Combines multiple documents into a single document or package to simplify consumption

    Can include optional E-SIGN and UETA-compliant eSignatures

    The great advantage of eDelivery is the speed. Instead of waiting for days to receive a document in the mail, a notice arrives in email almost instantaneously. eLynx’s eDelivery services require different levels of authentication to pick-up the information, which is much more secure than regular email.

    Technology includes: HUD-1 Reconciliation; eDelivery, eSignature, eClosing, Collaboration, Fraud Mitigation, On-demand Platform, Document Viewing, …

    Read description of ‘eDelivery’ on eLynx and you’ll understand how the attorney and settlement agent were part of the nationwide title & settlement services ‘retail’ escrow transactions linking to MERS. You’ll begin to understand the original note is scanned digitally and reproduced as needed.

    NOTE: 10 Year life span of GMAC Mortgage of Iowa, GMAC Mortgage of PA, in 2006 sold and become new entity GMAC LLC. Financial Holding Companies must sell all affiliates and non-bank affiliates per rules of FED and they sell back to themselves in a different name or whom they are instructed to sell to.

    So any MERS transactions and retail escrow funding GMAC Mortgage, LLC dba as a business entity in PA where the website used as a registered fictitious name for another registered fictitious name GMAC Bank and we wonder why consumers as borrowers are vulnerable? don’t know this servicer will take consumer property into pipeline for benefit of beneficiary their parent not the consumer.

    INQUIRING MINDS WANT TO KNOW:
    HOW DID ‘CHASE HOME LENDING’ A ‘SUB-SERVICER’ at Retail who did not record their own MIN 18 digits used third party temporary lenders, and Chase listed below was not a eDelivery participant with eLynx. Hmmmmm.

    Corporate Name: Chase Manhattan Mtg. – Deerfield
    Address: 780 Kansas Lane
    City,State,Zip: Monroe, LA 71203-4774
    Toll Free Number:
    Direct Number: (318) 699-4636
    Fax Number: (318) 555-3344
    Primary Contact: Rachel Pylant
    Website:
    Member Org ID: 1000565
    Lines Of Business: Subservicer, Investor

    eRegistry Participant: No
    eDelivery Participant: No

    NOTE: Chase Manhattan Mortgage Corporation 1996/1997 affiliate of Norwest with GMAC-RFC – largest producer of non-conforming mortgage products not eRegistry nor eDelivery. Hmmmmmm.

    INQUIRING MINDS WANT TO KNOW HOW DID ‘Wells Fargo Home Mortgage’ storefronts from June 2004 forward nationwide active as ‘eRegistry and eDelivery participants for both originations and servicing through the Minneapolis MN – Correspondent Business Operations? was never an ‘investor’? Hmmmm. Not therefore ‘Wells Fargo Bank NA’ hmmmm.

    Corporate Name: Wells Fargo Home Mortgage
    Address: 2701 Wells Fargo Way X9998-012
    City,State,Zip: Minneapolis, MN 55467
    Toll Free Number:
    Direct Number: (651) 605-3711
    Fax Number: (952) 562-0980
    Primary Contact: Masse Adjetey
    Website:
    Member Org ID: 1005298
    Lines Of Business: Servicer, Subservicer, Investor, Document Custodian
    eRegistry Participant: Yes
    eDelivery Participant: Yes

    NOTE: EMAIL of ‘wellsfargo.com’ ordering title & settlement agents and local attorneys for their ‘mortgage brokers’ to place title policy in name of ‘x’ lender and for ‘x’ amount…. hmmmm. did order the retail escrow transactions – and are the recognized nationwide lender who does not do ‘mortgages’ and integrated in the title & settlement agency of former PHH and Cendant Settlement Services morphed into 4 IPO’s 2006-2008 – hmmmmm.

    eLynx Webinar: Executing Your eLending Strategy for Fiserv Customers

    So read all about Electronic Closings referred to Post Close and Servicing phase of loans, documents converted to paper because lenders lack infrastructure for secure electronic delivery of servicing documents to borrowers. Electronic documents require signatures and without the ability to capture binding signatures electronically, you may have to rely on wet signatures (or blue ink) which would require in-house staff to process and scan incoming mail before you could leverage electronic delivery to borrowers. eLynx can help you (clients of commercial banks) to automate the entire post close and servicing operations.

  51. Please do not publish this comment.
    First: I would like to volunteer as editor/ghost writer/ proofreader.
    No incentives needed.
    Second: NACA is ACORN reborn. Which means the monies
    they obtain come right from the tax payers/ mortgage payers
    through the federal government. Quite the vicious circle.
    Third: TD Services is probably financially linked Royal Dutch/
    Shell Oil Co. Shell has in the past owned Travelers Insurance,
    and Fidelity.

    Regards.

  52. Mary:

    Great great post. I talked with CNN in 2009 I believe or put it in an email – I don’t remember. And I asked them do you know what the responsibilities of a servicer are and they didn’t even know what I was talking about. Look to the seller servicer agreement of FNMA and you will find out. Stop that pundit from commenting on things they do not know what they are talking about. Saying collections was not the responsibility of the servicer. They did not have a clue.

    thanks again.

  53. but if I only could write well, need a ghost writer.

  54. Outstanding Post Thank You Mary and Neil for posting it. We should all send this to every newspaper and TV station, Movie Producer in the country. There has to be somebody brave enough to tell this story and tackle the lies!

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