WALLS CLOSING IN ON LAW FIRMS AND SUBSTITUTE TRUSTEES AS FAKED, FORGED DOCUMENTS SURFACE IN ABUNDANCE

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The boys are playing rough now, but US Bank, failing to take its queues from Deutsch is plunging ahead with CalWestern by its side, using forged, fabircated, faked documents that wouldn’t be valid even if they were properly executed. The securitizers tricked and stole from investors, tricked and stole from the borrowers and now are taking the only asset (home) of value away from both the borrowers and the investors.

Tiffany and Bosco in Arizona as well as at least two dozen other law firms (foreclosure mills), banks, “substitute trustees” (working for their parent company (a bank), and the witnesses, fake officers and notaries are under active investigation by a number of law enforcement agencies. As I have said in other interviews, we are only in the 4th inning of a nine inning game and for some it is no game.

While it is too early to state the results of the investigations, I have been involved in such events before and I can tell you that the low hanging fruit always catches the worst fate. Forgery is low hanging fruit. From what I have seen and heard and from what has been reported to me under protection of anonymity, some people are going to jail. It looks to me like it will be notaries and the fake officers who signed the fake documents.

Whether it will go up line to management of the real culprits — Wells Fargo, US Bank, Chase, Citi, CalWestern, Bank of America, Recontrust, —- remains to be seen. But one thing I know for sure is that lawyers are sharpening up their pens to take a stab at slander of title issues and large damage awards, for which there is plenty of precedent.

Stay tuned. You will see more and more suspensions of notaries announced in many states and then the discipline of lawyers will start to take hold. Then the AG office in each state will pick the lowest of the low hanging fruit and prosecute criminally. People will lose their liberty as well as their jobs and families.

And at some point, the people who are going to be hit with subpoenas and then prosecution will need to ask themselves “what was my price and was it worth it?”  Count on it.

34 Responses

  1. Leave a Reply

    LL Q’: only comfort at this point is the fact that we all die and as strange as that sounds it is comforting knowing the people consumed by greed can’t take their material wealth with them when they go. We are a small select group and I am proud to be in the company of the chosen few.————–

    1. You stopped making payments – good idea at the time? Now ?
    2. Lender sold your loan – should be out of this
    3.Loans were CAPITALIZED (Anonymous – moron ) and not securitized. Its a Private placement for lieN Sake.
    4. The IPO consists of a Bank financed entity that the FDIC has yet to explain. That is called capitalization. From their they registered securities and WOW – why the private placement GUYS . What does the Dow and NYSE say about all this …WTF ! (where thou Fed are ) This was off balance sheet and TOXIC to boot?

    Here is the statement by Obama and then his administration to set things off in the right direction . OBAMA said _ If you have a Fannie or Freddie Loan – We will modify it !If you don? PAY YOUR BILLS .

    Then we have the same night BERNANKE ,TELLING TAX PAYERS ITS tie to step up and pay – the loans are all TOXIC .

    So Obama say’s we will help you out of a government error for toxic reasons. But we wont if you have a different type of toxicity ? Is that MERS Toxicity …Good versus Bad Toxicity . Fannie Freddie never met the initiative for decades to assist the majority of minority’s out of reach of Fannie / Freddie Mac Guidelines.

    US Gov is saying – Hey MERS – there all your now ? What is the deal here?

    The non agency sub prime crime were underwritten to the statistical merit for the securities to qualify – meaning rating agency endorsement .

    There people – there is your break —-and there the break or opening for the proverbial foot in the door emerges to litigants and arguments with merit.

    Look I got to head out but – this is so convoluted and YES you have a right .. to ask how they can throw out every thing the UCC and states enforcement of mortgages and contracts under Bus. and Professions Code judicious and their rules interpretations , civil codes and in general , the law.

    Mortgage law contradicts what they are doing – Read this excerpt fr he rating agencies – “….and its partly due to the did. trustee remittance report, the collateral pool consisted of 228 loans and four real estate owned (REO) assets with an aggregate trust balance of $81.4 million, compared with 572 loans totaling $214.9 million at issuance. As of the February remittance report, there were 30 assets totaling $11.0 million (13.5%) with the special servicer, Midland Loan Services Inc. (Midland).

    YOU CANNOT DE-RECOGNIZE LIABILITIES AND CONFISCATE FDIC MANAGED DEPOSITS AND THEN OFFER “…. special servicer, requirement through Midland .

    The status of the 30 specially serviced
    assets and 23 delinquent loans in the pool ($18.5 million,
    22.7%) is: four are REO ($1.3 million, 1.5%), 13 are in
    foreclosure ($4.1 million, 5.0%), 12 are 90-plus-days delinquent
    ($4.2 million, 5.2%), seven are 60-plus-days delinquent
    ($1.7 million, 2.2%), six are 30-plus-days delinquent
    ($1.8 million, 2.3%), nine are in bankruptcy ($2.7 million, 3.3%),
    one is in its grace period ($1.7 million, 2.1%), and one is
    current ($1.0 million, 1.1%). S&P also ran various stress
    scenarios. S&P’s base-case losses assumed that 59.1% of specially

    WAIT A MINUTE – WHAT ABOUT WEIGHTED POOLS GOING ON TWO YRS IN FORECLOSURE – WHERE IS THAT ON THE RATING AGENCIES REPORT? S&P previously downgraded five subordinate classes to ‘D (sf)’ as a result of principal losses. no shininess Sherlock

    If their was a Robust condition their would be nothing to talk about on this site. But the market is stalled – dead (Used Kar Guy – I said this in ’08 right? I said on ’02 for banks to man the life rafts and bar the doors – – -if this market rotation ceases or sputters out – you’ll become exposed to a menagerie of criminal conduct and … and impossible situation . It happened…and they are surviving

    It is so convoluted that its hard to read this stuff on the more esoteric sites where they give away free defenses – that must be translated!at times. The problem is you would not reference or recognize the stuff if your not up to speed and – you got a life Right?

    You should be searching really convoluted hyperbole on esoteric analytic web sites from Europe and here …and frankly, it is ACCOUNTING Greek BUT i BELIEVE — JUDGES DO UNDERSTAND IT . Its also subject matter that a $2,500 practitioner will have no patience for.

    You all come here every night rambling about some sensational headline to piss you off or give you hope . I feel for you . It is a very tough deal and will take a big break and prayers to beat it .

    Ahhhh But it can be beat.

    Its a controversy that is dragging out and a very humbling deal

    M. Soliman
    expert.witness@live.com

    (Not a solicitation – not seeking anything here-Always consult an attorney as to your rights and legal options) )

  2. Leave a Reply

    LL Q’ : Hello all- I recently had a forensic audit done that uncovered considerable irregularities, breaks in chain of title, etc. I am wondering who should I consider sending copies of my audit to?any help appreciated.

    Forensic audit – By a CPA , for about $15,000 ; and what did it say ?

    Here – Mr Lender …Here it is…My audit. Free Home please. Are you rational? What ? Do you know what a Forensic audit is. Its GAAP past, codified , testing, comparisons, submissions to all related parties for reporting conflicts and in accordance with sector and general rules ..all for reporting purposes. Its done over 90 days , must determine adequacy and rules advocacy and or denial of procedures …only a CPA can do a Forensic… and where,

    or who told you it was Forensic.

    expert.witness@live.com

  3. Broken Angel is a high profile case,alone I have been trying to get even one trial here in Brooklyn Supreme Court trying for five years I have reported everything my cases were with the FBI and The Brooklyn DA for over two years all on the same matter. Now the Attorney General has conveniently “lost my file ” I wrote to the Governor since the file originated while he was attorney general no answer lately I have uncovered revisionary fake documents involving
    the client of the lender that I am suing in this four million mortgage
    fraud case, I am not a lawyer no lawyer would touch this matter nor could I afford one who would. Even judges are involved .The UN following this matter.lately fake documents show up when the law firms I am facing try to answer my motions. Notary s are under investigation for failure to cooperate If interested I can supply details in abundance

  4. […] 21 Aug MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE The boys are playing rough now, but US Bank, failing to take its queues from Deutsch is plunging ahead with CalWestern by its side, using forged, fabircated, faked documents that wouldn't be valid even if they were properly executed. The securitizers tricked and stole from investors, tricked and stole from the borrowers and now are taking the only asset (home) of value … Read More […]

  5. lousyanna, call Nick Wooten in Alabama and see if he knows somebody by you.

  6. Hi- I Nancy- sorry for any confusion. what I meant by my question was who as far the authorities should I consider sending my audit to. such as DA, AG, Bar Assoc. etc. Actually located in LA. no CA. If anyone knows of any “gettin’ it” attorneys who may be licensed in LA and other States would greatly appreciate the referral.

  7. LA4closurefraud

    You need an ethical attorney a create who does not exist in California.

  8. Hello all- I recently had a forensic audit done that uncovered considerable irregularities, breaks in chain of title, etc. I am wondering who should I consider sending copies of my audit to?
    any help appreciated.

  9. foreclosureinfosearch, thanks for taking me ‘up the chain’. 20 to 30 floors of the biggest baddest law firms in America and costing millions. I just don’t understand this greed, I can’t wrap my mind around it, I really can’t. I am beginning to understand that people like me are the exception rather than the rule. My only comfort at this point is the fact that we all die and as strange as that sounds it is comforting knowing the people consumed by greed can’t take their material wealth with them when they go. Guess the adage, live for today for tomorrow you may die is a creed they adher to. I prefer to go with my integrity intact. I am an exception and the majority of people that post here are as well. We are a small select group and I am proud to be in the company of the chosen few.

  10. Each participant in the chain of covering who is the real owner, each link of the chain covered by evidence of actual transactions and actual falsified documents with public offices and courts, act with ‘authority’ c/o Institutional Owners of acquired property.

    (FINRA and SIPC insured) entities By the by all insured – either the property insured, the credit risk insured Banc of America Securities LLC; prior to June 2009 was Wells Fargo Securities LLC and Jerboa Funding, LLC; Residential Funding Securities LLC & GMAC LLC and GMAC Securities LLC; GMAC Mortgage LLC; , Fidelity Capital Markets, TD Securities (USA) LLC; UBS Securities LLC; Wachovia capital Markets, LLC; Sovereign Securities Corporation, LLC; Lehman Brothers Securities LLC; Guggenheim Securities LLC, Mellon Financial Markets, LLC, Incaptial LLC, Mizuho Securities, Anz Securities LLC, Cabrera Capital Markets, LLC, Calyon Securities, DZ Financial Markets LLC, Wells Fargo Securities LLC, Ticonderoga Securities LLC, Livingston Securities LLC, First New York Securities LLC, Miller Tabak Roberts Securities LLC, Global Hunters Securities LLC; Vanderbilt Securities LLC, Epsilon Securities LLC, Extreme Network Technologies LLC; Realty Capital Securities LLC, Founders Financial Securities LLC, Securities LLC, Park Avenue Securities LLC, Inlet Securities LLC; Bonds Direct LLC, TNP Securities LLC, Bannockburn Securities LLC; Pacific Investment Management Co LLC (PIMCO), RH Capital Associates LLC, Pacific American Securities LLC, Sandlapper Securities LLC, Genesis Securities LLC, Conway Securities LLC, Davis Securities LLC, First Premier Capital LLC, Loan Brokerage LLC,

    Wells Fargo Securities LLC prior organization as a pass through agency c/o WFC’s Master Servicer ‘Bitterroot Assets LLC’.
    Pass through agencies don’t report federal taxes, the short-term investments don’t have to be reported which are not recorded during first 90 days, for example. And if the Litigators and investigators private and federal and state don’t realize all of these organizations reorganized during the ‘mergers’ and with intent renamed and renamed entities in secretary of state treasuries, for example, one will never be able to track transactions workflow. Like Wells Fargo Asset Securities LLC a documented pass through agency, one who does not report federal taxes, federal taxes reported elsewhere, integrity challenged in Lehman Securities’ Litigation when the investigators will look but not see the actual transactions bifurcate mortgage note payable from receivable. The former Wells Fargo Asset Securities LLC moved in and out of different states, and the name changed 3 or 4 times back to the existing name when the transactions were originated. If you don’t understand sorry, you’d have to research.
    Will the investigators of the Litigations play nice each respecting hiding the transactions and each participating in the takings left overs? Or will they go back in time to the day when back in the day each pass through agency responsible, accountable, with authority to move transactions and assets outside of US. Will time now, the tick tick of the clock since Midnight 12:00:00:00:00:00:00 in the finance universe of the 21st Century keep safe the transactions, bearer paper, and truth locked up inside of the safe deposit boxes, and as the few who know pass on their assets to their beneficiaries.

    The most common type of pass-through is a mortgage-backed certificate, where homeowners’ payments pass from the original bank through a government agency or investment bank to investors.

    Read more: http://www.investopedia.com/terms/p/passthroughsecurity.asp#ixzz1VaYmkkKn

    Mortgage pass-through securities whose principal and interest payments are guaranteed by government agencies, such as the Government National Mortgage …
    A pass-through agency is an agency that receives an award and then subcontracts part of the work

    (pass through agency) that you found to accept the funds on your … The funds that are then awarded to the pass through agency

    Wells Fargo Mortgage Pass-Through Litigation
    COURT: United States District Court, Northern District of California
    CASE NUMBER: 3:09-cv-1376-LHK
    JUDGE: Hon. Lucy H. Koh
    CASE CONTACTS: David R. Stickney, Timothy A. DeLange, Matthew P. Jubenville, Jonathan D. Uslaner, Paul M. Jonna, Joseph W. Goodman

    Securities class action against Wells Fargo, N.A. and certain related defendants related to the issuance of mortgage pass-through certificates (the “Certificates”). The Complaint alleges that the Offering Documents for the certificates contained untrue statements and omissions related to the quality of the underlying mortgage loans and that Wells Fargo had disregarded or abandoned its loan underwriting and loan origination standards. The defendants include Wells Fargo Bank, Wells Fargo Asset Securitization Corp. (and its officers), and the investment banks who served as underwriters for the Certificate offerings.
    The action is pending before the Honorable Lucy H. Koh in the Northern District of California, San Jose division. On July 16, 2009, the Honorable Susan Illston, to whom the case was previously assigned, issued an order appointing the Alameda County Employees’ Retirement Association, the Government of Guam Retirement Fund, the Louisiana Sheriffs’ Pension and Relief Fund and the New Orleans Employees’ Retirement System as Lead Plaintiffs.
    Background
    On October 30, 2009, Defendants filed motions to dismiss the Consolidated Complaint, and Lead Plaintiffs opposed. On April 22, 2010, Judge Illston issued an order granting in part and denying in part Defendants’ motions to dismiss. Specifically, the Court sustained Lead Plaintiffs’ Section 11 claims against the Wells Fargo Defendants and the Underwriter Defendants related to false and misleading statements concerning: (1) the underwriting standards for the mortgage loans underlying the mortgage pass-through certificates; (2) the appraisals and loan-to-value ratios related to those mortgage loans; and (3) the credit ratings assigned to the certificates. The Court granted leave to amend to: (1) designate additional named plaintiff(s) who purchased securities through certain offerings not purchased by the Lead Plaintiffs, and (2) allege additional facts giving rise to standing as to Lead Plaintiffs’ Section 12(a)(2) claim.
    On May 28, 2010, Lead Plaintiffs filed an amended complaint, which added five additional named plaintiffs that purchased in 10 additional offerings. On June 25, 2010, Defendants again moved to dismiss. While that motion was pending, the case was transferred to the Honorable Lucy H. Koh. On October 5, 2010, Judge Koh issued an order which granted Defendants’ motion as to the claims of the additional plaintiffs, but again sustained Lead Plaintiffs’ Section 11 and 15 claims related to underwriting standards. The additional plaintiffs appealed the dismissal to the United States Court of Appeals for the Ninth Circuit.
    On February 11, 2011, Lead Plaintiffs filed their motion for class certification.
    Lead Plaintiffs Reach $125 Million Settlement in Wells Fargo MBS Litigation
    After extensive litigation, document and deposition discovery, and negotiations – including two mediation sessions facilitated by an experienced and highly respected mediator – the parties recently reached an agreement to settle all claims asserted in the case. Under the settlement, which is subject to court approval, Wells Fargo will pay $125 million to resolve the sustained and dismissed claims against all defendants. Notably, it is the first settlement of a class action asserting Securities Act claims related to the issuance of mortgage-backed securities. Lead Plaintiffs have moved for an order preliminarily approving the settlement and a hearing on the matter is set for July 21, 2011.
    Wells Fargo Mortgage Pass-Through Litigation
    Court: United States District Court, Northern District of California
    Case Number: 3:09-cv-1376-LHK
    Judge: Hon. Lucy H. Koh
    Case Contacts: David R. Stickney, Timothy A. DeLange, Matthew P. Jubenville, Jonathan D. Uslaner, Paul M. Jonna, Joseph W. Goodman

    Securities class action against Wells Fargo, N.A. and certain related defendants related to the issuance of mortgage pass-through certificates (the “Certificates”). The Complaint alleges that the Offering Documents for the certificates contained untrue statements and omissions related to the quality of the underlying mortgage loans and that Wells Fargo had disregarded or abandoned its loan underwriting and loan origination standards. The defendants include Wells Fargo Bank, Wells Fargo Asset Securitization Corp. (and its officers), and the investment banks who served as underwriters for the Certificate offerings.

    The action is pending before the Honorable Lucy H. Koh in the Northern District of California, San Jose division. On July 16, 2009, the Honorable Susan Illston, to whom the case was previously assigned, issued an order appointing the Alameda County Employees’ Retirement Association, the Government of Guam Retirement Fund, the Louisiana Sheriffs’ Pension and Relief Fund and the New Orleans Employees’ Retirement System as Lead Plaintiffs.

    Background

    On October 30, 2009, Defendants filed motions to dismiss the Consolidated Complaint, and Lead Plaintiffs opposed. On April 22, 2010, Judge Illston issued an order granting in part and denying in part Defendants’ motions to dismiss. Specifically, the Court sustained Lead Plaintiffs’ Section 11 claims against the Wells Fargo Defendants and the Underwriter Defendants related to false and misleading statements concerning: (1) the underwriting standards for the mortgage loans underlying the mortgage pass-through certificates; (2) the appraisals and loan-to-value ratios related to those mortgage loans; and (3) the credit ratings assigned to the certificates. The Court granted leave to amend to: (1) designate additional named plaintiff(s) who purchased securities through certain offerings not purchased by the Lead Plaintiffs, and (2) allege additional facts giving rise to standing as to Lead Plaintiffs’ Section 12(a)(2) claim.

    On May 28, 2010, Lead Plaintiffs filed an amended complaint, which added five additional named plaintiffs that purchased in 10 additional offerings. On June 25, 2010, Defendants again moved to dismiss. While that motion was pending, the case was transferred to the Honorable Lucy H. Koh. On October 5, 2010, Judge Koh issued an order which granted Defendants’ motion as to the claims of the additional plaintiffs, but again sustained Lead Plaintiffs’ Section 11 and 15 claims related to underwriting standards. The additional plaintiffs appealed the dismissal to the United States Court of Appeals for the Ninth Circuit.

    On February 11, 2011, Lead Plaintiffs filed their motion for class certification.

    Lead Plaintiffs Reach $125 Million Settlement in Wells Fargo MBS Litigation

    After extensive litigation, document and deposition discovery, and negotiations – including two mediation sessions facilitated by an experienced and highly respected mediator – the parties recently reached an agreement to settle all claims asserted in the case. Under the settlement, which is subject to court approval, Wells Fargo will pay $125 million to resolve the sustained and dismissed claims against all defendants. Notably, it is the first settlement of a class action asserting Securities Act claims related to the issuance of mortgage-backed securities. Lead Plaintiffs have moved for an order preliminarily approving the settlement and a hearing on the matter is set for July 21, 2011

  11. Mr. Soliman,
    Absolutely. Indeed according to filings all of the unlawful activity is caused by privately formed LLC’s and not the Banks (go look again – it is what it is).

    Yeah, why the FED intervention?

    The OCC Regulators for CONGESS? Is that the problem? The OCC are REGULATORS controlled by the FED?

    The FED not controlled by CONGRESS.

    Or is it the ‘dual-reporting relationship, one with authority one without?

    Where is that authority?

    According to the US Constitution Authority to make law CONGESS; Authority to govern COMMERCE including whether you can grow food on your own property or not; CONGRESS the Authority governs all matters related to COMMERCE and Welfare of the Nation, …

  12. ‘Dorothy & Toto’ click their heels to get back to Kansas. They were gone for quite some time. Oh my, Dorothy exclaims “Toto somebody is living in our house. Dorothy heads to her BRAND LABEL BANK ‘BOA’, and goes into her safe deposit box, pulls out her ‘Deed of Trust’ Auntie Em left to her.

    Dorothy brings into Brian Moynihan, CEO of Bank of America, her DEED of TRUST and demands to know how did BOA resell the mortgage note which as paid in full?

    Mr. Moynihan, my mortgage note was paid for back in the 1990’s.The CEO of BOA smiles, eyes gleaming like he’s busting with a big secret and exhales an Oppps. Dorothy says, Mr. Moynihan, you need to fix this. Mr. Moynihan says to Dorothy, I’ll be glad to Dorothy. You go to court and take care of Quieting the Title, and come back with the court order documents and I’ll attach to the cliam and file with the Institutional Investors insurance company. When they process the claim, and send us back the money, I’ll contract you for the next steps.

    Dorothy visited with the Attorney Generals, and realizes there is nothing that will be done. Dorothy received back letters from the ‘Office of Consumer Affairs of the Attorney General’, and OCC that there is nothing either can do. The Attorney General blames the OCC vested by Congress vistorial powers. The OCC blames the fact they are without authority to adjudicate alleged unlawful business matters.

    Dorothy grabs Toto, clicks her heels and is heading back to OZ somewhere in the finance univer, Dorothy will find the Wizard in OZ wholl’ know what to do about BOA’s Brian Moynihan reselling the mortgage note unlawfully. Dorothy’s holding tight now to both Toto and the DEED OF TRUST (tight, very tight).

    Will the Wizard of Oz still own the land of Oz? To be continued….

    While we wait for Dorothy, can you follow the ‘yellow-brick road’ and step inside the BOA pass through treasures, laden with gold.
    Literally any owner of the mortgage note has access to the gold key, which opens endless rows of safe deposit boxes filled with commercial bearer papers and notes.

    Moynihan, CEO of BOA, Stumpf WFC, GMAC – Carpenter, Dimon JPM/Chase, BONY Kelly, …, all safe as a bug in a rug? Commercial bearer paper payable in blank ‘assignee and/or successors’ whether attached to individual residential properties, bulk repurchases, untraceable.

    March 2010, the new ‘File Doc ID’ Uniform Collateral Data UCD, will be affixed to existing loan document and collateral files that the CEO’s with access to safe deposit box key may retrieve if necessary the mortgage notes already purchased early 1990s.
    Same mortgage notes Institutional Investors c/o (Owners) hold the commercial paper the mortgage note.

    Same dilemina as Dorothy. You too hold the DEED OF TRUST as owner. And perhaps you too paid off the property will find as those struggling to make payments who sought help from who they beleived owned the mortgage promissory note, will find the asset is no longer yours? And there is no one but perhaps the Wizard of Oz available to help?

    Could your mortgage note be inside one of the safe deposit boxes in which cash and bearer commercial papers passed through pass through agencies are cleverly stored outside USA.

    The safe deposit boxes are list sorted by country, by state, territories includes the mortgage notes owned located in each of the 50 states and US territories. The documents you have will be hard to match up to the new File Doc ID, further removing you from the documents that reveal how the owner got to own the mortgage note.

    By March 2012, the new ‘File Doc Id’ UCD will represent the eSales of the serving rights and eSales of the collateral as tranches, shelfs, trusts, …. in which owners of the mortgage notes, reattach reference but for the reacquistion of bulk repurchases of mortgage notes.

    Perhaps you won’t know owner Capital One FUND, related to Capital One Bank NA taking of mortgage notes all the way back in 1994. Fidelity and Capital One TRUSTS 2008 mutual funds sold back to Fidelity, could they be related to Capital One Bank NA foreclosures mortgage notes?

    The ‘real story’ sits in real courts. No evidence of transactions cleverly disguised to be anything but the purchase of a mortgage note.

    Evidence plus case law, mandatory. What about the very real transactions of commerce not brought before the courts hidden by substantive omissions of material facts?

    Consumers are unsafe because they are uneducated about ‘COMMERCE’ and the fact CONGRESS both HOUSES overstep limited powers claiming ‘welfare of each state’ and ‘welfare of the nation’ and do business inside Finance Universe.

    When Y2K was successful, the 21st Century entered Quantum processing, pending…. will be true until…. and became 4-D

    COMMERCE: Uniform Commercial Codes, State and Federal statutory laws and regulations, and TRANSACTIONS inside of Finance Universe via http : // www . financeuniverse . com

    TRANSACTIONS will reveal who purchased the mortgage notes.

    Its not primary mandatory authority citations that will heal America.
    It’s not the clever persuasive arguments of some great legal mind for one client, beneficary of mortgage notes. No, it tying together the data facts and data workflow, spring maps, revealing how each resident’s property was purchased by Institutional Investors for another thrid party in deceptive manner, with intent, to take possession of property, and cause substantive harm to consumer and economy, of US and ….

    Why do you professionals all forsake revealing the real TRANSACTIONS, which reveal the clear intent, bad faith, and actual hard evidence of accurate deceptive business statements which are acceptable under US Code in our courts.

    How many of you sit with your cases, with knowledge and but for the bucket of millions you hope to claim and put in your own pockets you withhold the truth, data facts, flow charts, memo’s, evidence, which exists but for your own selfish personal use for your own personal cases? Is there but one Patriot? just one who will set the record straight?

    With intent, Institutional Investors and Institutional Banks methodically took control of the real estate industry and real estate residential and commercial properties in all 50 states and US Territories one mortgage at a time. Congress vested the EXTRA-Ordinary powers Y2K forward, tick tick of the clock, hid the real intent of the finance universe owners.

    Statutory laws do exist, and are enforceable by the Executive Branch under Article II even if CONGRESS both Houses continually overstep limited powers.

    CONGRESS creates laws.

    When CONGRESS prevents enforcement of laws, and Congress acts harming welfare of nation, and harms US Economy, and makes it unsafe for every resident no longer able to live in property, nor live safe in pursuit of property, is it not time but for the PRESIDENT of the USA and not the Wizard of Oz to be call forth the harms and reveal the truth. Is the President as Commander-in-Chief, under oath of office, obligated to take action. If not, we need to get a pair of ruby slippers and follow Doroty and Toto.

    ‘Agents’ with ‘Agency’ by Agreements act on behalf of the owner of the mortgage notes, owner because they paid cash but did not record their name as a lien holder. Why do the owners continue to recruit ‘others’ for money, who also act in bad faith, all with dirty hands, execute clever deceptive acts required to hide who the owns the mortgage note; in collusion having accepted the orders and issued additional orders in order to create and file falsified documents, and alike Monkey Sees, Hears, Speaks no truth… is evil, in the chain of substantive omissions of material facts.

    In collusion, with intent, each party engages in deceptive acts and takes possession of both real and personal property of residents under false pretenses.

    Each participant in the chain of covering who is the real owner, each link of the chain covered by evidence of actual transactions and actual falsified documents with public offices and courts, act with ‘authority’ c/o Institutional Owners of acquired property.

    By the By all insured – either the property insured, the credit risk insured.

  13. We simply must go after the ‘low hanging fruit’. These are the people that will tell their stories and name names of those further up the chain.

    Procedure – that is what I fear more than anything.

    The Judicious and right of a sound procedural strategy defeats subject matter. Herein we assume by the time this makes it to a NY Federal District Court , the outlay of cash needed to have a fighting chance will get into the millions. That upon having to deal with the 20 or 30 floors of the biggest baddest law firms in America, that is something soon to come.

    I never recommend a Hollywood flick – but only in this example do I ask you to rent (if you can find it ) “A Civil Action” with and Bob Duval and great cast.

    Its a true story and the character John “T” plays “Schectman” is still touring and helping lawyers with the monumental court dilemma. Courts are not the place for the truth to reveal itself as justice. The Judges decision for allowing the trial to advance in a wrongful negligence and cover up claim is pathetic – true story .

    Judicially sound – none the less pathetic.

    The subject matter is aligned with what is happening here “toxicity” from negligence willful acts of disinterested causes , greed and coverup. (Leukemia caused from negligence is far worse of course ) Here in the flick we can see the budgetary mismatch favoring big time corporate America is a sobering reminder of how deep these pockets are.

    Local schools pump out good attorneys – but Harvard, Dartmouth, and Yale’s best …Ouch !

    Its a fight only a Federal Agency can fight. But the SEC, IRS and SARBOX, FDIC and FASB are all removed from your defenses. They even removed from the opposition the necessity to lobby .

    And according to filings all the unlawful activity was caused by privately formed LLC’s and not the Banks (go look again – it is what it is) so why the FED intervention?

    Watch the flick – in this reference . . . .Its tough to stomach.

    expert.witness@live.com

  14. Options trading on blue chip stocks
    —- and Private Label “MBO” or “Mortgage Backed Ouch”
    By M.Soliman

    An option or warrants entitles a third party to control the stock using an absurd amount of leverage. A stock trading at $30.00 can have an option price of $2.50 or less depending upon time.

    True Story – Let’s assume that GE is trading at $30.00 as this is an actual story relating to a hedging play I orchestrated in 1987 (October crash).

    The rationale at that moment was that the market was oversold and by Friday late day we had a sizable sell off as we expected. An associate of mine while working for a investment banking firm (Center Financial Group Century City , CA ) anticipated further early selling on the following Monday morning.

    GE is obviously not a mortgage stock but a blue chip security traded in high volume daily. Its price fluctuations are tied to market volume. Volume is critical for price movement.

    In option trading the option price is reflected as a percentage of the stock price aligned with the reciprocal “strike” price. Options operate over term and in October you could purchase an option to own 100 shares of GE trading at $30.00 a share at 2.50 a call with a January strike price of 32.5 per share. If the price goes up so does the option price. Therefore I can then purchase the stock at say 35.00 a share for the option price of $30.00 a share. Therein if I liquidated my position (in a perfect world) I made $5.00 a share less my investment at 2.50 option price and doubled my money.

    GE / Call Price / Execution/Month
    30.00 /2.50/ 32.5- JAN
    28.00 /2.00/ (4.50)- JAN
    32.50 /5.00/ 2.50- JAN

    Therefore, where 100 shares of GE at 30.00 will cost $3,000, one contract or option for 100 Shares will only cost 2.50 a share or $250.00 per contract.

    So for the price of 100 shares I could control 1,000 shares for less than the actual cost to hold the stock itself. The problem is that if I purchased the stock “options” in October, I have only till January for the option to run out or “expire” meaning the stock must increase. If the stock rises in value by January, then the price option increases in value. Over 80% of the option price is premium early into the term and that is due to the time allowances.

    The play was to hedge other cost of funds investments our firm held by purchasing 100,000 options or 10,000 contracts at $2.50 / $250 a contract / $25K early Monday while the market was selling off. Since the trade was done on margin I actually purchased 200,000 calls or 20,000 contracts for the price of 2000 shares and cash of only 1000 shares totaling with commissions about $30,000 USD.

    Again, options are converted at pre-defined rates. As the stock price increases, the option value increases dollar-for-dollar. If the stock is valued at a stable price-to-earnings ratio (P/E) it can be predicted that the options’ rate of increase in value will be 20 times (when P/E=20) the rate of increase in earnings.

    The calculation is far more complex involving “what is the percentage share of future earnings to increase transfers to holders versus the shareholders”

    In this example “In-the-money” (options as % total) * (P/E ratio) = % future earnings “and they accrue to option holders”.

    Consider if the options outstanding equals 5% of the issued shares to the P/E at 20, then 95% = 5/105 x 20; as to an increase in earnings- not to the shareholders, but to the options holders.Its somewhat convoluted and complex to say the least .

    The order placed on Monday morning was in a panic selling brought on by a massive sell off of blue chip stocks nationally and worldwide. I chose GE (credit markets…later WMC) , while others like BofA, GM for its Credit Cos. etc )

    The option price I paid for a “bull” vs Bear rally was below the target $2.50 a call as the stock we as being pounded or actually desecrated into oblivion.

    Our traders on line and on the phone were asking themselves “what in God’s name…” By day’s end the stock was down to 22.50 from opening bell and 30.00 per share and sell off never ceased. By Monday night my thoughts were actually trying to understand the magnitude of pain one feels at impact after leaping off a building and ….anyway. The stock lost over 25% and I was holding options for the stock to rally. What caught my interest the next day was that the stock market remained flat with some further selling off but on significantly less volume. But the “calls” or options purchased at a strike price of $32.50, was behaving woefully irregular commensurate to price levels. …even at the strike price I needed ($32.50) just to break even.

    In other word’s the stock was besieged but the options price levels closed at price levels 1.875/ 2.125 to 2.375 or at a far less impact considering the decimated value to GE shares. It was about 4:30 am early Wed that word was coming in of a monumental rally overseas and purchase volume of US Blue chips (ADR’s) were causing market makers to anticipate a massive early morning rally in US markets.

    The options closed Tuesday night trading around 2.000 with GE at 22.125 a share and by 10:00 am the next morning GE shares had rallied to 27.00 a share.

    In the rally I disposed of my position holding the options and could not get confirmation of the price [I executed the sale of the calls] for three days. The options I held for our position were purchased at a call price of $2.50 PPS traded out at sale at a price of $ 8.75 per call / PPS.

    Herein this real life example where we caught the traders over pricing in exuberance and we timed it to profit from high volume and irrational pricing for option premiums, NOT THE STOCK, priced head on into a momentary monster of a rally 48 HR after Monday doomsday.

    What is the purpose of this storyline? [Confirmed Barron’s; (Oct 07 GE PPS / Jan 08 Calls Strike Price 32.50) calls].

    First, my trades over that short period of time were gambling more than hedging our bank positions. More over time has proven the big profit take as more of a fluke than anything strategic (and the sleep lost during the excitement told me – never again/ yeah RIGHT ).

    Second. . . . This is the kind of crap that was going down on the mortgage you received; the loan the lender made you and then sold into a mortgage backed security. ITS LEGAL – I’M SORRY !

    But Question – Has anyone ever been told to miss two or three payments before you’re eligible for a modification? Then the modification never came to fruition. THAT’S WHAT I AM OUT TO PROVE AS ILLEGAL (Not for the obvious reasons though)

    In 2001, while sitting with peers for big time players your all familiar with – I said then what I know now….”No way – we will never get away with this , and if caught …..No way ”

    M.Soliman
    Expert.Witness@live.com

  15. I guess you can tell I’m on a mission today….
    I called the gal at the Wisconsin AG’s office because her e-mail quit working. Talked to her assistant and came to find out she went to work for the DOJ in Washington D.C. I think that is good news. The longer these banks go without being able to force a grant of blanket amnesty, the better. And now, for a little vindication of what we all know is going on after the homes are stolen…….

    Friday August 12, 2011 SACRAMENTO, Calif. — A real estate investor pleaded guilty today in U.S. District Court in Sacramento to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, Sharis A. Pozen, Acting Assistant Attorney General of the Department of Justice’s Antitrust Division, and Benjamin B. Wagner, U.S. Attorney for the Eastern District of California, announced.

    Walter Daniel Olmstead, 39, of Tracy, pleaded guilty to conspiring with a group of real estate speculators who agreed not to bid against each other at certain public real estate foreclosure auctions in San Joaquin County. According to court documents, the primary purpose of the conspiracy was to suppress and restrain competition and to obtain selected real estate offered at San Joaquin County public foreclosure auctions at noncompetitive prices.

    According to the court documents, after the conspirators’ designated winning bidder bought a property at a public auction, they would hold a second, private auction, at which each participating conspirator would bid the amount above the public auction price he or she was willing to pay. The conspirator who bid the highest amount at the end of the private auction won the property. The difference between the price at the public auction and that at the second auction was the group’s illicit profit, and it was divided among the conspirators in payoffs. According to his plea agreement, Olmstead participated in the scheme beginning in or about November 2008 until in or about July 2009.

    To date, seven individuals, including Olmstead, have pleaded guilty in U.S. District Court for the Eastern District of California in connection with this investigation the others being Anthony B. Ghio, John R. Vanzetti, Theodore B. Hutz, Richard W. Northcutt, Yama Marifat and Gregory L. Jackson.

    “The Antitrust Division continues to vigorously pursue bid rigging conspiracies at real estate foreclosure auctions that eliminate competition in the marketplace and harm consumers,” said Sharis A. Pozen, Acting Assistant Attorney General in charge of the Department of Justice’s Antitrust Division. “The division will work with its law enforcement partners to ensure that the real estate foreclosure auction process is fair and open so that consumers will benefit from competition.”

    U.S. Attorney Wagner said: “By rigging public auctions of foreclosed properties, the defendants who have pleaded guilty as a result of this investigation illegally manipulated the market for residential real estate. The Department of Justice is committed to improving the transparency and integrity of that market, and we will continue to investigate and prosecute those who would seek to undermine the market through such illegal activities.”

    Olmstead pleaded guilty to bid rigging, a violation of the Sherman Act, which carries a maximum penalty of 10 years in prison and a $1 million fine. The maximum fine may be increased to twice the gain derived from the crime or twice the loss suffered by the victims of the crime, if either of those amounts is greater than the statutory maximum fine. Olmstead also pleaded guilty to conspiracy to commit mail fraud, which carries a maximum sentence of 30 years in prison and a $1 million fine.

    These charges arose from an ongoing federal antitrust investigation of fraud and bid rigging in certain real estate auctions in San Joaquin County. The investigation is being conducted by the Antitrust Division’s San Francisco Office, the U.S. Attorney’s Office for the Eastern District of California, the FBI’s Sacramento Division and the San Joaquin County District Attorney’s Office. Trial attorneys Anna Pletcher, Richard Cohen and Tai Milder from the Antitrust Division’s San Francisco Office and Assistant U.S. Attorney Russell L. Carlberg are prosecuting the case.

    Today’s charges are part of efforts underway by President Barack Obama’s Financial Fraud Enforcement Task Force. President Obama established the interagency Financial Fraud Enforcement Task Force to wage an aggressive, coordinated and proactive effort to investigate and prosecute financial crimes. The task force includes representatives from a broad range of federal agencies, regulatory authorities, inspectors general and state and local law enforcement who, working together, bring to bear a powerful array of criminal and civil enforcement resources. The task force is working to improve efforts across the federal executive branch, and with state and local partners, to investigate and prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate financial crimes, combat discrimination in the lending and financial markets, and recover proceeds for victims of financial crimes. One component of the task force is the national Mortgage Fraud Working Group, co-chaired by U.S. Attorney Wagner. For more information on the task force, visit http://www.StopFraud.gov.

    Anyone with information concerning bid rigging or fraud related to real estate foreclosure auctions should contact the Antitrust Division’s San Francisco Office at 415-436-6660 or visit http://www.justice.gov/atr/contact/newcase.htm, the U.S. Attorney’s Office for the Eastern District of California at 916-554-2700, or the FBI’s Sacramento Division at 916-481-9110.

  16. Whats the name of the case for : Thursday filed a class action in New York accusing JPMorgan Chase Bank NA of offering mortgage borrowers “illusory” loan modification programs as a way to squeeze more money out of them.

  17. J.P. MORGAN ACCUSED OF SHAM MORTGAGE MODIFICATIONS

    A homeowner on Thursday filed a class action in New York accusing JPMorgan Chase Bank NA of offering mortgage borrowers “illusory” loan modification programs as a way to squeeze more money out of them.

    No kidding, really? Sham modifications? Posting borrower payments as “fees”? Squeezing homeowners? C’mon, really?

    The Delaware Supreme Court on Thursday overturned a lower court’s decision in favor of a Morgan Stanley unit, saying mortgage loan servicer Central Mortgage Co.’s breach of contract suit against the firm over toxic mortgages should not have been dismissed.

    Comment: Let the backbiting begin. Where’s Marv Albert when you need him?

  18. Investigators are looking to determine whether Standard and Poor’s (S&P) over-rated dozens of mortgage-backed securities prior to the financial crisis. The Securities and Exchange Commission has been investigating the matter for several months, and the Justice Department recently joined the investigation, according to media reports. The federal probe began before S&P downgraded the U.S. credit rating from triple-A status to double-A status. The SEC has reportedly also been investigating Moody’s in regards to two mortgage-bond deals

  19. Judge Barry was one of two Civil Court judges in Racine County. I made several calls, nobody is answering their phones right now.

  20. We simply must go after the ‘low hanging fruit’. These are the people that will tell their stories and name names of those further up the chain.

    As to the judge who killed himself. Intersting story. I wonder if he did approve fraudclosures. Looking forward to the ‘rest of the story’.

  21. RPR, it looks real fishy to me. He was too much on the side of the people.

  22. Wis. Judge Found Dead of Gunshot Wound in Apparent Suicide

    The local community is in shock over the apparent suicide this week of a judge in Racine County, Wis.

    Circuit Court Judge Dennis Barry, 64, was found dead yesterday morning in Racine’s Lincoln Park not far from his car. He had suffered a gunshot wound to his head, reports the Milwaukee Journal Sentinel.

    There is no reported motive for the judge to commit suicide, but the county medical examiner said officials have authorities had “no reason to believe it was not a suicide,” the newspaper reports. Friends and colleagues described Barry as an unusually caring and devoted judge who was very active in his community.

    “He was always there if you needed him… He was one of the best judges Racine County had,” former state representative Bonnie Ladwig tells the Caledonia, Wis., Patch. “He was a caring person. He looked at all sides of story. He was thoughtful and thorough, and he wanted to do what was right.”

    Last seen leaving the courthouse at 3 p.m. on Wednesday afternoon, Barry was reported missing by his wife early the next morning, the Journal Sentinel says.

    Racine County Circuit Judge Eugene Gasiorkiewicz told the newspaper that Barry “devoted his legal career to the protection of the people of his community and the administration of justice in a fair and evenhanded manner.

    “He was devoted to his family, his community and to the concept of justice,” Gasiorkiewicz continued. “He was an excellent lawyer and an equally excellent judge.”

    A 1973 graduate of Marquette University Law School, Barry worked as an assistant Kenosha County prosecutor and in private practice before he was elected at a young age as Racine’s district attorney. Within two years he was appointed to the state-court bench in 1980, at age 33.

    He was also known for his work to reform juvenile justice laws, reports WHBL.

    “As defense attorneys, we do not always agree with the decisions made by the bench,” wrote attorney Adrienne Moore in an email to the Journal Times. She serves as first assistant in the Public Defenders Office Racine Region.

    “However, we respect those judges who are objective and do what they believe is appropriate. Judge Barry was one of those judges,” Moore wrote. “He did what he believed was appropriate despite what the district attorney or defense attorney might think or say. … He was one of Racine’s finest, and I for one will miss him dearly.”

    Comment: There was no apparent reason for this man to take his own life. I will continue to research his involvement with the foreclosure crisis and post more info as it becomes available. RPR

  23. I am waiting for someone to go to jail. We want to low hanging fruit, but will that lead to the bigger bad boyz in this scam? I hope so. I am also hoping that insurance carriers for lawyers start seeing more of the light.

  24. And it all started right here in Texas this weekend I am going to post all the details for everyone to see because it needs to be address Neil is a lawyer so I ask can a lawyer make his own evidence ? and a lawyer use documents knowing that they are being created from a arts and science patent ?

  25. One of the most interesting thing that will come out of all of this is the Utility Pending Patent with the United States Patent Commission showing U.S. Bank Association as the Trustee, the methods and claims associated with the Patent, was first a curative (to correct Title back in 2002) and is now a associated with the utility publication pending for a U.S. Patent that focus on FORECLOSURE DOCUMENTS so such U.S. Bank Association is listed as the trustee for Assignee its no shock to me they are using their “Arts” and “Science” invention to foreclose I filed a lawsuit in the New York Eastern District Court to challenge Property Rights vs. Intellectual Rights

  26. Anybody know a lawyer in Arkansas who would be willing to fight like this?

  27. Anyone with info on John Larsen (MERS Assistant Sec. and also VP Wells) or notary Sandra Mae Parrish (Dakota Cty MN)) or exemplars of their signatures on docs please respond directly to my email jordanalipscomb@gmail.com Thanks!

  28. Has anyone taken the Deposition yet of “Melissa Bell” who RELINQUISHED her NOTARY COMMISSION in TEXAS early?

    I reported my findings to TX that showed numerous variations of the signature CONTENT, let alone the variations in handwriting styles. Then the TX notary registry site altered the ‘commission end date’ shown, inserting the effective date that the commission was RELINQUISHED.

    The way the state uses the database even has fouled up their own staff members when they do the ‘typical’ search for a notary in their system by use of the (ORIGINAL) commission end date. Since the relinquished commission date is now in that field, people who request a search (or do their own online search) are not finding her record. When you contact the office, you need to have them search on the commission start date for her.

    But back to my request: has any depo been taken on this gal who notarizes for Litton (but may actually work for LPS/LSI)?

  29. Kelly: I send a letter each month with updates on the latest in our litigation. I have a contact in the office for the MN AG, the most recent person to actually respond to my previous letters. I sent them docs showing the forged and fabricated items filed in court. But, I agree, I should call too each week at least. I’ve been so busy with the litigation which is in MN (but I am not currently living there.) I cannot find an attorney I can afford to pay though there are several intrigued by my case. MN is a tough jurisdiction, clearly favoring creditors and banks though Swanson is a good AG. Thanks for your advice!

  30. Jordana,

    If you don’t live in New York, California, Massachusetts or Nevada, contact your AG Office directly. Contact information can be found on-line. Just Google “YOUR STATE ATTORNEY GENERAL OFFICE CONTACT INFORMATION”. Ask them if they have started their own investigation, and if not, when they plan to start their own separate investigation into the mortgage fraud perpetuated against homeowners and investors in your state. More specifically, acts of robo-signing by improper parties and unlawful notarizations; illegal acts of altering or creating missing mortgage assignments, affidavits, appraisals, and closing documents necessary to foreclose; and acts of purporting to transfer mortgage assets into trusts (as is required per every securitization master pooling and serving agreements, most of which operate under New York state laws) but evidence has shown these transfers never happened. Anyone who has been told their mortgage modification has been denied because on their particular mortgage”investor guidelines won’t allow it” needs to contact an attorney they trust immediately. Perhaps one on Neil’s “Attorney’s that ‘get it.’ ” list.

    I think it is great you are being proactive and we all need to jump on that bandwagon. Every single person who cares about homeownership should contact their AG (even if they already have) on a monthly basis to remind them we are watching.

  31. I have been waiting to hear news like this for a looooonnnnnng time. Amen, There is a Higher force above.

  32. Martha Coakley- Ma.
    Biden- Delaware
    and the New York AG are investigating.

  33. In the more than two years I have been struggling with Wells Fargo, this is the most upbeat and optimistic thing I have read. I have been pleading for my state’s attorney general to get involved. Is there any way to know which ones have started investigations?

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