OUR NANCY DREW BLASTS THROUGH THE DEVIL IN THE DETAILS ON NORWEST, GMAC ET AL

MOST POPULAR ARTICLES

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE

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.me/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

41 Responses

  1. 76 FRB 1058 (Dec, 1990)

    Norwest Corporation
    Minneapolis, Minnesota

    Order Approving the Acquisition of a Title Insurance Agency

    Norwest Corporation, Minneapolis, Minnesota (“Norwest”), a bank holding company within the meaning of the Bank Holding Company Act (“BHC Act”), has applied under section 4(c)(8) of the BHC Act (12 U.S.C. § 1843(e)(8)) and section 225.23(a) of the Board’s Regulation Y (12 C.F.R. 225.23(a)) for the Board’s approval to acquire all the outstanding shares of American Land Title Co., Inc., Omaha, Nebraska (“American Land Title”), and through American Land Title, engage in title insurance agency and real estate settlement activities in Nebraska./1/

    Notice of the application, affording interested persons an opportunity to submit comments, has been duly published (55 Federal Register 35,184 (1990)). The time for filing comments has expired, and the Board has considered the application and all comments received in light of the public interest factors set forth in section 4(c)(8) of the BHC Act.

    Norwest, with total consolidated assets of $26.8 billion, is the second largest banking organization in Minnesota./2/ Applicant controls 34 banking subsidiaries in ten states in the Midwest and owns a number of subsidiaries engaged in nonbanking activities.

    The Board has previously determined that title insurance agency activities are permissible under section 4(c)(8)(G) of the BHC Act (“exemption G”), which authorizes bank holding companies that engaged in insurance agency activities, with Board approval, prior to 1971, to engage, or control a company engaged, in general insurance agency activities./3/ Norwest qualifies for exemption G rights./4/

    American Land Title also provides the following real estate settlement services:

    (1) reviewing the status of the title in the title commitment, resolving any exceptions to the title, and reviewing the purchase agreement to identify any requirements in it in order to ensure compliance with them;

    (2) verifying payoffs on existing loans secured by the real estate and verifying the amount of and then calculating the prorating of special assessments and taxes on the property;

    (3) obtaining an updated title insurance commitment to the date of closing, preparing the required checks, deeds, affidavits, and obtaining any authorization letters needed;

    (4) establishing a time and place for the closing, conducting the closing, and ensuring that all parties properly execute all appropriate documents and meet all commitments;

    (5) collecting and disbursing funds for the parties, holding funds in escrow pending satisfaction of certain commitments, preparing the HUD settlement statement, the deed of trust, mortgage notes, the Truth-in-Lending statement, and purchaser’s affidavits; and

    (6) recording all these documents as required under law.
    In order to approve an application submitted under section 4(c)(8) of the BHC Act, the Board is required to determine that the proposed activity is “so closely related to banking as to be a proper incident thereto.” 12 U.S.C. § 1843(c)(8). In considering whether a proposed activity would be a proper incident to banking, the Board is required to determine that the performance of the proposed activity can reasonably be expected to produce benefits to the public that outweigh possible adverse effects. Id.

    Based on guidelines established in the National Courier case, a particular activity may be found to be “closely related to banking” for purposes of section 4(c)(8) of the BHC Act if:

    (i) banks generally do in fact conduct the proposed activity;

    (ii) banks generally provide services that are operationally or functionally so similar to the proposed activity as to equip them particularly well to provide the proposed activity; or

    (iii) banks generally provide services that are so integrally related to the proposed service as to require their provision in a specialized form./5/
    In this regard, real estate settlement services are, in fact, provided by Norwest’s bank subsidiaries in connection with their origination of mortgage loans, and banks in Nebraska are generally permitted to conduct real estate settlement activities./6/ Moreover, bank holding companies and banks have been authorized to provide real estate services that are operationally or functionally so similar to the proposed services as to equip them particularly well to provide real estate settlement services. The Board has approved the provision of escrow and distribution services by bank holding companies under land installment sales contracts./7/ In addition, banks routinely prepare collateral security agreements and other documentation required to close loans in accordance with federal and state lending requirements as part of the general lending activities authorized under the Board’s Regulation Y.

    The Board also believes that aspects of the proposed real estate settlement activities are directly linked to permissible title insurance agency activities by bank holding companies./8/ These activities can directly affect the risks insured against under a title insurance policy, and title insurance agents have special experience in assessing potential title defects that may arise at a real estate settlement. Accordingly, title insurance agents have the expertise to generally engage in real estate settlements.

    For these reasons, the proposed real estate settlement activities conducted through a permissible title insurance agency are closely related to banking for purposes of section 4(c)(8) of the BHC Act.

    In order to approve this application, the Board is required to determine that the performance of the proposed activities by Norwest is a proper incident to banking and “can reasonably be expected to produce benefits to the public, such as greater convenience, increased competition, or gains in efficiency, that outweigh possible adverse effects, such as undue concentration of resources, decreased or unfair competition, conflicts of interests, or unsound banking practices.” 12 U.S.C. § 1843(c)(8).

    Consummation of the proposal can reasonably be expected to result in public benefits that outweigh adverse effects. Norwest’s proposal may be expected to result in increased convenience resulting from the offering of additional services to customers./9/ In addition, the activities of American Land Title represent a small share of the total market for these services, and there are numerous competitors in the title insurance agency and real estate settlement markets. Accordingly, the Board believes that the proposed activities are a proper incident to banking.

    There is also no evidence in the record to indicate that consummation of this proposal is likely to result in any significant adverse effects, such as undue concentration of resources, decreased or unfair competition, conflicts of interests, or unsound banking practices. Accordingly, the Board has determined that the balance of public interest factors it must consider under section 4(c)(8) of the BHC Act is favorable and consistent with approval.

    Based upon the foregoing and all the other facts of record, the Board has determined that the proposed application should be, and hereby is, approved. This determination is subject to all of the conditions set forth in the Board’s Regulation Y, including sections 225.4(d) and 225.23, and the Board’s authority to require such modification or termination of the activities of a holding company or any of its subsidiaries as the Board finds necessary to assure compliance with, or to prevent evasion of, the provisions and purposes of the BHC Act and the Board’s regulations and orders issued thereunder.

    The transaction shall be consummated not later than three months after the effective date of this Order, unless such period is extended for good cause by the Board or by the Federal Reserve Bank of Minneapolis, pursuant to delegated authority.

    By order of the Board of Governors, effective October 15, 1990.

    Voting for this action: Chairman Greenspan and Governors Seger, LaWare, and Mullins. Absent and not voting: Governors Angell and Kelly.

    JENNIFER J. JOHNSON
    Associate Secretary of the Board

    Endnotes:

    1. American Land Title also performs tide abstracting activities, including title searches of real estate. The Board believes that title abstracting is incidental to conducting title insurance agency activities, because it provides necessary information needed to authorize the sale of a title insurance policy.

    2. Asset data are as of June 30, 1990.

    3. See First Wisconsin Corporation, 75 Federal Reserve Bulletin 31 (1989); affirmed in American Land Title Association v. Board of Governors, 892 F.2d 1059 (D.C. Cir. 1989).

    4. In 1959, Norwest received Board approval to retain its general insurance agency subsidiaries and, accordingly, is a grandfathered bank holding company for purposes of exemption G. Northwest Bancorporation, 45 Federal Reserve Bulletin 963 (1959); Norwest Corporation, 70 Federal Reserve Bulletin 470 and 235 (1984).

    5. National Courier Ass’n v. Board of Governors, 516 F.2d 1229, 1237 (D.C. Cir. 1975). The Board may also consider any other factor that demonstrates a reasonable or close connection or relationship of the activity to banking. 49 Federal Register 794, 806 (1984); Securities Industry Ass’n v. Board of Governors, 104 S. Ct. 3003, 3005-06 n.5 (1984).

    6. Bank commissioners in Nebraska, Kansas, Colorado, Iowa, Wyoming, and South Dakota have indicated that banks are generally permitted to conduct real estate settlements.

    7. See Wells Fargo & Co. (Grayco Land Escrow, Ltd.), 59 Federal Reserve Bulletin 122 (1973); 59 Federal Register 1236 (1973).

    8. For example, the Board has approved the preparation of a title insurance binder in performing title insurance agency activities. See First Wisconsin Corporation, supra.

    9. Norwest has committed to advise its customers that they are not required to purchase its real estate settlement services in connection with the purchase of title insurance in a real estate transaction. In addition, section 106 of the Bank Holding Company Act Amendments of 1970 would generally prohibit Norwest from tying extensions of credit to the purchase of services from American Land Title.

  2. NOVEL METHOD
    WELLS FARGO HOME MORTGAGE
    BRIAN J. LAURENZO
    DORESEY & WHITNEY LLP
    801 GRAND AVE
    DES MOINES IA 50309

    MARK C. OMAN WEST DES MOINES IA
    MICHAEL J. HEID URBANDALE IA
    PRE-APPROVAL MARKETING OFFERS
    04/01/2004
    PUB NO: US 2004/0064402 A1

    REVEALS HOW NATIONWIDE TELESALES BYPASS BROKERAGES AND GOES DIRECT TO INDEPENDENT TITLE ABSTRACTORS WHO TRADE AND EXCHANGE IN SECONDARY MARKET PROMISSORY NOTES

    http: // http://www.scribd.com/doc/76730044/WFHM-PATENT-NovelMethodFundingMortgageLoanpat20040064402

    THERE ARE NO LOANS – THERE ARE NO LOANS
    THERE ARE NOTES
    THERE ARE NOTES
    ALTERNATIVE INVESTMENTS -NOTES PURCHASED ‘PRINCIPAL’ BY INVESTOR ‘INDIVIDUAL VARIABLE ANNUNITY’ THAT PAYS BACK REMIC PRINCIPAL INVESTMENT
    NOTE IN YOUR LIKENESS IS SOLD TO INVESTOR
    RECEIPTS ARE CALLED TRANSMITTALS
    INVESTORS PURCHASE NOTES IN BATCH AND ASSIGN ‘CUSIP’
    CUSIP SOLD TO REMIC
    REMIC STRUCTURED SETTLEMENT $1 BILLION DOLLARS AT A TIME – HEDGING CREDIT RISK OF INVESTORS
    COMMON STOCK PENSION FUNDS SCREWED
    PREFERRED STOCKHOLDERS GET ALTERANTIVE INVESTMENTS DEFAULT BY DEFAULT

    DESK TOP UNDERWRITERS NATIONWIDE
    ‘SPECIAL’ ABSTRACTORS CREATE THE
    ‘TITLE COMMITMENT’ WHICH IS THE
    GOOD FAITH ESTIMATE
    CONTRACT
    FOR MORTGAGE SERVICING RIGHTS
    WHICH ARE SOLD FIRST AT RETAIL
    BY A ‘PARTICULAR PIPELINE’ WHOSE ENDLESS SUPPLY CHAIN OF ‘INVENTORY’ IF YOU WILL ‘LIKE-KIND PRODUCTS’
    ARE WITH NOTE, AND IN EVENT THE CASH ADVANCE FROM CONSUMER FOR REAL ESTATE RECEIVABLE ‘DEFAULT’ OCCURS, BUYLER/SELLER WHO ARE IN ‘AGREEMENT’ SALES CONTRACT (PROMISSORY NOTE) INVOKE ACCELEARATION CLAUSE ‘NO LOAN EVER CREATED’ UNTIL ‘DEFAULT’ AND THE LOAN IS CREATED USING LIKENESS OF CONSUMER FOR ACQUISTION OF ‘BENEFICIAL INTERESTS’ ABANDONED BY CONSUMER ‘NOTE’…

    GOOD FAITH ESTIMATE

    DEBT BROKER LAWYER BY ASSOCIATION ‘LTC’ LANDAMERICA FINANCIAL AFFILIATE CREATES THROUGH SUBSCRIPTION SERVICE (eLYNX) INCLUSIONARY & LANGAGE AND EXCLUSIONARY LANGUAGE OF PRE-APPROVING CONSUMER, AND ‘MORTGAGE DOCUMENT FILE’ FOR FUTURE -IF NEEDED …

  3. NORWEST MORTGAGE, INC. CONDUIT
    WHOLESALE MORTGAGE LENDING
    WELLS FARGO BANK NA
    1/17/2000 LIVE SERVICE MARK
    BROKERS’ FIRST (sm)
    RENEWED 12/28/2010

    Word Mark BROKER’S FIRST
    Goods and Services IC 036. US 100 101 102. G & S: PROVIDING INFORMATION RELATED TO WHOLESALE MORTGAGE LENDING OVER A GLOBAL COMPUTER NETWORK. FIRST USE: 20000117. FIRST USE IN COMMERCE: 20000117
    Mark Drawing Code (1) TYPED DRAWING
    Serial Number 75612925
    Filing Date December 29, 1998
    Current Filing Basis 1A
    Original Filing Basis 1B
    Published for Opposition March 14, 2000
    Registration Number 2446868
    Registration Date April 24, 2001
    Owner (REGISTRANT) Norwest Mortgage, Inc. CORPORATION CALIFORNIA MS 122457 1 Home Campus Des Moines IOWA 503280001
    (LAST LISTED OWNER) WELLS FARGO BANK, N.A. NATIONAL BANKING ASSOCIATION UNITED STATES 1700 Wells Fargo Center, MAC N9305-176 Sixth and Marquette Minneapolis MINNESOTA 55479

    Assignment Recorded ASSIGNMENT RECORDED
    Attorney of Record Felicia J. Boyd
    Disclaimer NO CLAIM IS MADE TO THE EXCLUSIVE RIGHT TO USE “BROKER’S” APART FROM THE MARK AS SHOWN
    Type of Mark SERVICE MARK
    Register PRINCIPAL
    Affidavit Text SECT 15. SECT 8 (6-YR). SECTION 8(10-YR) 20101228.
    Renewal 1ST RENEWAL 20101228
    Live/Dead Indicator LIVE

    Word Mark BROKER’S FIRST
    Goods and Services IC 036. US 100 101 102. G & S: PROVIDING INFORMATION RELATED TO WHOLESALE MORTGAGE LENDING OVER A GLOBAL COMPUTER NETWORK. FIRST USE: 20000117. FIRST USE IN COMMERCE: 20000117
    Mark Drawing Code (1) TYPED DRAWING
    Serial Number 75612925
    Filing Date December 29, 1998
    Current Filing Basis 1A
    Original Filing Basis 1B
    Published for Opposition March 14, 2000
    Registration Number 2446868
    Registration Date April 24, 2001
    Owner (REGISTRANT)
    Norwest Mortgage, Inc.
    CORPORATION CALIFORNIA
    MS 122457 1 Home Campus
    Des Moines IOWA 503280001

    (LAST LISTED OWNER)
    WELLS FARGO BANK, N.A. NATIONAL BANKING ASSOCIATION UNITED STATES
    1700 Wells Fargo Center,
    MAC N9305-176
    Sixth and Marquette
    Minneapolis MINNESOTA 55479
    Assignment Recorded ASSIGNMENT RECORDED

    Attorney of Record Felicia J. Boyd

    Disclaimer NO CLAIM IS MADE TO THE EXCLUSIVE RIGHT TO USE “BROKER’S” APART FROM THE MARK AS SHOWN
    Type of Mark SERVICE MARK
    Register PRINCIPAL
    Affidavit Text SECT 15. SECT 8 (6-YR). SECTION 8(10-YR) 20101228.
    Renewal 1ST RENEWAL 20101228
    Live/Dead Indicator LIVE

  4. NORWEST MORTGAGE, INC. CONDUIT
    PREMIER ASSET FORECLOSE ON PROPERTIES FOR NORWEST MORTGAGE, INC. SERVICER’S ‘CORRESPONDENT LENDERS

    Word Mark PREMIERE ASSET
    Goods and Services (ABANDONED) IC 035. US 100 101 102. G & S: Business management consulting services for mortgage lenders in the field of foreclosed properties
    Mark Drawing Code (1) TYPED DRAWING
    Serial Number 75564763
    Filing Date October 5, 1998
    Current Filing Basis 1B
    Original Filing Basis 1B
    Published for Opposition April 25, 2000
    Owner (APPLICANT) Norwest Mortgage, Inc. CORPORATION CALIFORNIA MS 122457 1 Home Campus Des Moines IOWA 50328
    Assignment Recorded ASSIGNMENT RECORDED
    Attorney of Record Brian J. Laurenzo
    Type of Mark SERVICE MARK
    Register PRINCIPAL
    Live/Dead Indicator DEAD
    Abandonment Date January 19, 2001

  5. NORWEST MORTGAGE, INC. CONDUIT
    LENDERS ALLIANCE

    CORRESPONDENTS

    Word Mark LENDER’S ALLIANCE
    Goods and Services (ABANDONED) IC 036. US 100 101 102. G & S: PROVIDING INFORMATION RELATED TO CORRESPONDENT MORTGAGE LENDING OVER A GLOBAL COMPUTER NETWORK
    Mark Drawing Code (1) TYPED DRAWING
    Serial Number 75612962
    Filing Date December 29, 1998
    Current Filing Basis 1B
    Original Filing Basis 1B
    Owner (APPLICANT) Norwest Mortgage, Inc. CORPORATION CALIFORNIA MS 122457 1 Home Campus Des Moines IOWA 503280001
    Attorney of Record Brian J. Laurenzo
    Type of Mark SERVICE MARK
    Register PRINCIPAL
    Live/Dead Indicator DEAD
    Abandonment Date August 7, 2000

  6. SERVICER ‘NORWEST MORTGAGE, INC.’ RESELLS ITS MORTGAGE SERVICING RIGHTS TO …

    NORWEST MORTGAGE, INC. PURCHASES MORTGAGE LOANS FROM ….

    EQUITY LOANS IN SECONDARY MARKET

    USPTO TRADEMARK/Word Mark
    NORWEST MORTGAGE EQUITY ENHANCEMENT PROGRAM
    Goods and Services (ABANDONED) IC 036. US 100 101 102. G & S: MORTGAGE LENDING SERVICES
    Mark Drawing Code (1) TYPED DRAWING
    Serial Number 75662256
    Filing Date March 17, 1999
    Current Filing Basis 1B
    Original Filing Basis 1B
    Published for Opposition July 4, 2000
    Owner (APPLICANT) Norwest Mortgage, Inc. CORPORATION CALIFORNIA MS 122457 1 Home Campus Des Moines IOWA 503280001
    Attorney of Record Brian J. Laurenzo
    Prior Registrations 2220607;2222925
    Disclaimer NO CLAIM IS MADE TO THE EXCLUSIVE RIGHT TO USE “MORTGAGE”, “EQUITY”, and “PROGRAM” APART FROM THE MARK AS SHOWN
    Type of Mark SERVICE MARK
    Register PRINCIPAL
    Live/Dead Indicator DEAD
    Abandonment Date March 27, 2001

  7. NORWEST MORTGAGE, INC. CONDUIT FOR REMIC AND FREDDIE MORTGAGE LOAN PARTICIPATION CERTIFICATES INSURANCE, AND FANNIE MAE DIRECT SERVICER AND
    RELS MANAGEMENT LLC ‘SERVICER’
    FIRST AMERICAN TITLE INSURANCE BENEFICIARY

    USPTO:
    Word Mark RES-DIRECT
    Goods and Services IC 042. US 100 101. G & S: Real estate related services, namely, closing services and post-closing services. FIRST USE: 19991000. FIRST USE IN COMMERCE: 20000200
    Mark Drawing Code (1) TYPED DRAWING
    Serial Number 75833251
    Filing Date October 27, 1999
    Current Filing Basis 1A
    Original Filing Basis 1B
    Published for Opposition September 18, 2001
    Change In Registration CHANGE IN REGISTRATION HAS OCCURRED
    Registration Number 2628732
    Registration Date October 1, 2002
    Owner (REGISTRANT) RELS MANAGEMENT COMPANY, LLC Norwest Mortgage, Inc. (organized under the laws of California) and First American Title Insurance Company (organized under the laws of California) LIMITED LIABILITY COMPANY DELAWARE 5700 SMETANA DRIVE, SUIT 300 MINNETONKA MINNESOTA 55343
    Attorney of Record Dean R. Karau
    Type of Mark SERVICE MARK
    Register PRINCIPAL
    Affidavit Text SECT 15. SECT 8 (6-YR).
    Live/Dead Indicator LIVE

  8. Word Mark REDNECK MORTGAGE
    Goods and Services IC 036. US 100 101 102. G & S: banking services; online banking services
    Standard Characters Claimed
    Mark Drawing Code (4) STANDARD CHARACTER MARK
    Serial Number 85440639
    Filing Date October 6, 2011
    Current Filing Basis 1B
    Original Filing Basis 1B
    Published for Opposition March 20, 2012
    Owner (APPLICANT)
    Cornerstone Home Loans, LLC
    DBA Bank of the Wichitas Mortgage Company
    LIMITED LIABILITY COMPANY
    OKLAHOMA
    1801 NW Cache Road Lawton OKLAHOMA 73507
    Attorney of Record Michael J. LaBrie
    Disclaimer NO CLAIM IS MADE TO THE EXCLUSIVE RIGHT TO USE “MORTGAGE” APART FROM THE MARK AS SHOWN
    Type of Mark SERVICE MARK
    Register PRINCIPAL
    Live/Dead Indicator LIVE

  9. Notwithstanding anything to the contrary in the previous paragraph of this Section 6.04, the Trustee, the Depositor and the NIMs Insurer (MUNICIPALITIES INSURANCE)

    Item 2.04- Triggering Events that Accelerate or Increase a Depositor
    Direct Financial Obligation or an Obligation under an
    Off-Balance Sheet Arrangement

    A ‘LOAN’ IN 2003 ‘ORIGINATED BY OPTION ONE’
    SERVICED BY WELLS FARGO HOME MORTGAGE & ‘REFINANCED’ BY SERVICER …NEW PROMISSORYNOTE ‘RIDER/NOTE’ AN INDIVIDUAL VARIABLE ‘BEST OF AMERICA PERHAPS C/O NATIONWIDE ‘BEST OF AMERICA’ C/O CHASE BANK (USA) … ‘ ‘RIDER/NOTE’ LAWFULLY REPURCHASEED BY LEHMAN BROTHERS ‘MASTER REPURCHASE AGREEMENT’? PASS THROUGH AGENCY ‘SASCO’ AND INDENTURE TRUSTEE BENEFIT ON BOTH SIDES ‘PURCHASE’ AND RESERVICING DEFAULTS OF SASCO & WILMINGTON TRUST CO & AURORA LOAN SERVICE S…

    WHEN DONE THROUGH ‘BRING DOWN LETTER’

    Merrill Lynch Mortgage Investors Trust Series 2006-OPT1 • ‘8-K’ • For 9/26/06, On 10/11/06

    Merrill Lynch Mortgage Investors Trust Series 2006-OPT1 • 8-K • For 9/26/06, On 10/11/06
    Document 2 of 3 • EX-4.1 • Pooling and Servicing Agreement

  10. Commission File No. 333-21263 – Norwest Asset Securities Corporation
    Jurisdiction: Delaware; IRS 52-1972128
    7485 New Horizon Way, Frederick MD 21703
    (EX-4) Pooling and Servicing Agreement, dated as of E
    January 29, 1998 among
    Norwest Asset Securities Corporation,
    Norwest Bank Minnesota, National Association and
    First Union National Bank, as trustee.
    FILING AGENT: CADWALADER WICKERSHAM & TAFT LLP
    Filing Submission

    Submitted by: Cadwalader Wickersham & Taft LLP [ formerly Cadwalader Wickersham & Taft ] (as Filing Agent)

    0000914121-98-000347
    8-K
    2
    19980129
    5
    7
    19980508
    NONE
    ——————————————————————————–

    NORWEST ASSET SEC CORP MORT PS THR CERT SER 1998-1 TRUST
    0001056404
    6189
    NY
    1231

    8-K
    34
    333-21263-22
    98613537

    7495 NEW HORIZON WAY
    FREDERICK
    MD
    21703
    3018156389

    NORWEST BANK MINNESOTA N A
    7485 NEW HORIZON WAY
    FREDERICK
    MD
    21703

    ——————————————————————————–
    8-K
    1
    FORM 8-K

    119 lines – 4,756 bytes

    ——————————————————————————–
    EX-4
    2
    POOLING AND SERVICING AGREEMENT

  11. SASCO 2006-WF3 10-K FILING AGENT: 745 7TH AVE NEW YORK NY 212-526-7000
    333-133985-16
    Filing Submission

    Submitted by: Norwest Asset Sec Corp Mort Ps Thr Cert Ser 1998-1 Trust (as Filing Agent)

    20070330154439
    0001056404-07-001308
    10-K
    1
    20061231
    20070330
    20070330
    ——————————————————————————–

    SASCO 2006-WF3
    0001375690
    6189
    DE
    1231

    10-K
    34
    333-133985-16
    07732639

    745 7TH AVENUE
    NEW YORK
    NY
    10019
    2125267000

    745 7TH AVENUE
    NEW YORK
    NY
    10019

    ——————————————————————————–
    10-K
    1
    sac06wf3_10k-2006.txt

    3,235 lines – 131,636 bytes

    ——————————————————————————–
    Filing Submission – Alternative Formats (Word / Rich Text, HTML

    Merrill Lynch Mortgage Investors Inc
    2 “Issuer” Relationships (where the security “Owner” is…)
    Filing or “Owner”
    First Filing Last Filing Relationship Filed By Filer or Reporting Owner

    8/31/06 FWP Merrill Lynch Mortgage Investors Trust Series 2006-SD1
    9/7/06 FWP Specialty Underwriting & Residential Finance Trust Series 2006-BC4
    200 owner relationships: http://www.secinfo.com/$/SEC/Registrant.asp?CIK=809940&View=Relationships

    Banc One (JP Morgan Chase Bank )-interesting related to National Financial Services and Individual Variable Annunities (RIDER/Note) as Securities sold to REMIC!
    297 Affiliate Relationships:
    25 Filing Agents Have Made Filings For Merrill Lynch Mortgage Investors Inc:

  12. Filing Agent: Norwest Asset Sec…1998-1 Trust – and Registrant:
    NationsLink Funding Corp and
    Nationslink Funding Corp Comm Mort Pass Thr Cert Ser 1998-2 – Signed: Norwest Bank Minnesota, N.A., as Trustee Commission File No.: 333-57473-01 (no IRS# 3/1999, no Jurisdiction using National Association and ‘distributions principal and interest to certificate holders Filing Agent Norwest Asset Sec… and therefore as its trustee in what capacity? 10-K Norwest Bank Minnesota NA as Trustee 3/20/1999 . 99.4 Filing Submission Jurisdiction New York. c/o Norwest Bank Minnesota NA MD & Mailing Address: NationsLink Funding Corp NC (CUSIP) 427261•45•8 3/25/99 Nationslink Funding Corp…1998-2 10-K 12/31/98 2:6 Norwest Asset Sec..Trustee By 12/31/1998 10-K/AJurisdiction: NY IRS#’s 52-2131700; 52-2131702; 52-2154879; 52-2154877 c/o Norwest Bank Minnesota NA ‘Trustee’
    NATIONSLINK FUNDING CORPORATION, as Depositor,
    NATIONSBANK, N.A., as Mortgage Loan Seller,
    BANK OF AMERRICA NT&SA as Additional Warranting Party,
    MIDLAND LOAN SERVICES, INC, as Master Servicer,
    LENNAR PARTNERS, INC., as Special Servicer and Sponsor, and
    NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION, as Trustee and REMIC Administrator, pursuant to which the Nationsbanc Montgomery Funding Corp.

    ‘http://www.secinfo.com/d1Z7kr.683.d.htm 10K & 99.4 Distributions
    Delaware Corporation, IRS 56-1950039 SEC CIK 1058990 SIC CODE 6189 ABS
    [EX-4 Filing –by Cadwalader…]
    Office Address Map…
    Mail Address Map…

    C/O Norwest Bank Minnesota N A
    11000 Broken Land Parkway
    Columbia, Maryland 21044
    U.S.A. Nationslink Funding Corp
    100 North Tryon Street
    Charlotte, North Carolina 28255
    U.S.A.
    2 Filing Agents Have Made Filings For Nationslink Funding Corp Comm Mort Pass Thr Cert Ser 1998-1:
    Last Filing Filing Agent¹

    12/20/99 Norwest Asset Sec Corp Mort Ps Thr Cert Ser 1998-1 Trust
    4/15/98 Cadwalader Wickersham & Taft LLP [ formerly Cadwalader Wickersham & Taft ]
    ________
    ¹ The SEC does not publish the names of most Filing Agents.
    Last Filing Registrant

    12/14/11 Banc of America Merrill Lynch Commercial Mortgage Inc [ formerly Banc of America Commercial Mortgage Inc ]
    Registrant
    Formerly Assigned On
    Banc of America Commercial Mortgage Inc 8/31/00
    Nationslink Funding Corp 12/18/95

    Office Address Map… Mail Address Map…
    Bank Of America Corporate Center
    100 North Tyron St
    Charlotte, North Carolina 28255
    U.S.A. Bank Of America Corporate Center
    100 North Tryon Street
    Charlotte, North Carolina 28255
    U.S.A.

    Phone Number Incorporated In IRS Number Fiscal-Year End SEC CIK #
    1-704-386-2400 Delaware, U.S.A. 56-1950039 12/31 1005007

    SIC Code Industry Source As Of
    6189 Asset-Backed Securities (ABSs) SEC 12/14/11
    http://www.secinfo.com/$/SEC/Registrant.asp?CIK=1005007&View=Relationships

    1 Filing Agent Has Made Filings For Norwest Asset Sec Corp Mort Ps Thr Cert Ser 1998-1 Trust:
    Last Filing Filing Agent¹

    5/8/98 Cadwalader Wickersham & Taft LLP [ formerly Cadwalader Wickersham & Taft
    ASSIGNED 10/26/1993
    FILER, OWNER, FILING AGENT – 11,836 SEC Filings (from 5/3/96 to 12/23/11)
    100 Maiden Lane
    New York, New York 10038
    JURISDICTION: NEW YORK – NO IRS# SEC CIK 914121
    2 OWNER RELATIONSHIPS ANACOMP INC, ENRON CORP (ARE THEY RELATED TO MAIDEN LANE ?) http://www.secinfo.com/$/SEC/Registrant.asp?CIK=914121&View=Relationships

    Norwest Asset Sec Corp Mort Ps Thr Cert Ser 1998-1 Trust
    IS THIS CTS-LINK DISTRIBUTIONS FOR NASCOR.
    23 AFFILIATE RELATIONSHIPS
    FILING AGENT FOR 2,669 REGISTRANTS
    http://www.secinfo.com/$/SEC/Registrant.asp?CIK=1056404&View=Relationships

    WELLS FARGO ASSET SECURITIES CORP (FORMERLY NORWEST ASSET SECURITIES CORP)

    THE CONFORMED NAME CHANGES IN ORIGINAL
    1/27/99 Norwest Asset Sec Corp Mor..Trust 15-15D 1:2

    Notice of Suspension of Duty to File Reports • Form 15
    Filing Table of Contents
    Document/Exhibit Description Pages Size
    1: 15-15D Notice of Suspension of Duty to File Reports 2± 8K
    Filing Submission

    Submitted by: Norwest Asset Sec Corp Mort Ps Thr Cert Ser 1998-1 Trust (as Filing Agent)

    0001056404-99-000155
    15-15D
    1
    19990127
    ——————————————————————————–

    NORWEST ASSET SEC CORP MORT PS THR CERT SER 1998-1 TRUST
    0001056404
    6189
    NY
    1231

    15-15D
    34
    333-21263-22
    99513651

    C/O NORWEST BANK MINNESOTA N A
    1100 BROKEN LAND PARKWAY
    COLUMBAI
    MD
    21703
    3016967900

    NORWEST BANK MINNESOTA N A
    1100 BROKEN LAND PARKWAY
    COLUMBAI
    MD
    21703

    ——————————————————————————–
    15-15D

  13. NORWEST MORTGAGE, INC. AN AFFILIATE OF ‘NORWEST CORP’ AND GMAC-RFC SINCE 1985.
    IN 1996 NORWEST ASSET SECURITIES CORP ‘NASCOR’ AND NORWEST MORTGAGE, INC. ‘DO BUSINESS’ C/O NORWEST INTEGRATED STRUCTURED ASSETS INC.
    ‘TRUSTEE’ NORWEST BANK MINNESOTA NA

    ALL BUSINESS CHECKED AND RECHECKED BY
    5/8/98 Cadwalader Wickersham & Taft LLP [ formerly Cadwalader Wickersham & Taft ]

    FILING AGENT: For Norwest Asset Sec Corp Mort Ps Thr Cert Ser 1998-1 Trust -SEC TRANSACTIONS APPEAR RELATED TO ‘DISTRIBUTIONS’ SO NASCOR PASS-THRU-AGENCY FOR CTS-LINK ‘DISTRIBUTIONS’ OF MASTER SERVICER & ‘OWNER TRUSTEE’ OF TRUST ESTATE REMIC & SHELF COMPANY
    DISTRIBUTIONS MADE TO PRIVATE REIT LLC INVESTORS/TRUSTEES

    FOR EXAMPLE: TWC (HUGE GLOBAL PENSION PRIVATE WEALTH OR USE TO BE) AND AMERICAN MORTGAGE HOLDINGS MERGED INTO ‘ACE MORTGAGE CAPITAL’… RECEIVES ‘DISTRIBUTIONS’ FROM ABOVE SERVICED BY NATIONWIDE ‘RELS TITLE’ AND INDEPENDENT THIRD PARTY REAL ESTATE LAWYERS/BROKERS WHO CLOSE ON BEHALF OF THE MANY BENEFACTORS WHO TAKE FROM CONSUMER RIGHTS AND TITLE POSSESSION OF PROPERTY THROUGH DECEPTIVE ACTS.

    AND YOU’LL RELECT PRESIDENT OBAMA WHO WITH ERIC HOLDER WHO CAME FROM COVINGTON AND MCLEARY WHO HAVE KNOWLEDGE THAT THE DECEPTIVE ACTS ARE A NECESSARY EVIL OF GLOBAL COMMERCE?

  14. Norwest Integrated Structured Assets Inc Series 1999-1 Trust Registrant
    3 Closely Related:
    • Norwest Integrated Structured Assets Inc – SEC # 1028917 – 8/28/02
    • Norwest Integrated Structured Assets Inc Series 1999-2 Trust – SEC # 1093792 – 4/19/01
    • Norwest Integrated Structured Assets Inc Series 2000-1 Trust – SEC # 1107722 – 8/22/02

    Click on these tabs to view other information related to Norwest Integrated Structured Assets Inc Series 1999-1 Trust.
    Possibly Inactive per 1/28/00 Form 15
    Formerly Assigned On
    Norwest Integrated Structured Assets Inc 1999-1 Trust 4/27/99

    Office Address Map… …
    C/O Norwest Bank Minnesota N A
    11000 Broken Land Parkway
    Columbia, Maryland 21044
    U.S.A

    Mail Address Map. 11000 Broken Land Parkway
    C/O Norwest Bank Minnesota Na
    Frederick, Maryland 21044
    U.S.A.

    Phone Number Incorporated In IRS Number Fiscal-Year End SEC CIK #
    1-410-884-2000 New York, U.S.A. 52-2009776 12/31 1085181

    SIC Code Industry Source As Of
    6189 Asset-Backed Securities (ABSs) SEC 4/19/01

    Similarly-Named Registrant
    NONE

    1 “Issuer” Relationship (where the security “Owner” is…)
    4/27/99 424B5 Norwest Integrated Structured Assets Inc [ formerly Norwest Structured Assets Inc Submitted by: Global Financial Press Inc/DC/FA (as Filing Agent)..
    FILING COMMISSION NO. 333-17801 ‘JURISDICTION’ DELWARE
    NOREWEST INTEGRATED STRUCTURED ASSET S INC., 5325 SPECTURM DR, FREDERICK MD 21708 – C/O NORWEST BANK MINNESOTA NA, 11000 BROKENLAND PARKWAY COLUMBIA MD BUSINESS ADDRESS; MAILING ADDRESS ABOVE.

    7 Affiliate Relationships (based upon SEC Files: Parents / Subs., Directors / Officers, et al.)
    Last Filing Registrant

    12/17/99 Norwest Integ Struc Ass Inc Mort Pass Thr Cert Ser 1998 2 Tr

    12/22/99 Norwest Integrated Struct Assets Inc Pass Thru Ser 1998-1 Tr

    12/21/99 Norwest Integrated Structured Ass Inc Mort Ass Back Pass Thr

    4/19/01 Norwest Integrated Structured Assets Inc Series 1999-2 Trust

    8/22/02 Norwest Integrated Structured Assets Inc Series 2000-1 Trust

    8/28/02 Norwest Integrated Structured Assets Inc [ formerly Norwest Structured Assets Inc ]
    8/28/02 Wells Fargo Asset Sec Corp Alternative Loan 2002-1 Trust

    Filing-Agent Relationships (Attorneys, Financial Printers, Parents / Subs., SEC Agents, et al.)
    3 Filing Agents Have Made Filings For Norwest Integrated Structured Assets Inc Series 1999-1 Trust:
    Last Filing Filing Agent¹

    4/19/01 Norwest Asset Sec Corp Mort Ps Thr Cert Ser 1998-1 Trust

    5/20/99 Cadwalader Wickersham & Taft LLP [ formerly Cadwalader Wickersham & Taft ]

    4/27/99 Global Financial Press Inc/DC/FA

    SELLER: Norwest Integrated Structured Assets, Inc. (the ‘SELLER’) will acquire the Mortgage Loans from Norwest Mortgage, Inc. (‘NORWEST MORTGAGE’), an affiliate of the Seller and the Master Servicer, and will transfer the Mortgage Loans into the Trust.
    MASTER SERVICER: Norwest Bank Minnesota, National Association, an affiliate of the Seller and
    Norwest Mortgage (‘NORWEST BANK’ and, in its capacity as master servicer, the
    ‘MASTER SERVICER’), will supervise the Servicers and perform certain other
    duties with respect to the Certificates.

    SERVICERS: Norwest Mortgage and one or more other Servicers approved by the Master Servicer
    will provide customary servicing functions with respect to the Mortgage Loans
    pursuant to servicing agreements (each, an ‘UNDERLYING SERVICING AGREEMENT’)
    assigned to the Trust.

    TRUSTEE First Union National Bank (the ‘TRUSTEE’) will act as the trustee for the Trust.

  15. JPMORGAN/CHASE & WELLS FARGO & CO/MN ‘PARTNERS’
    NORWEST ASSET SECURITIES CORP “SELLER’ TO FREDDIE/FANNIE…

    NEW JERSEY, MORSERV, INC. (INCORPORATOR STEPHEN D. MORRISON ESQ. OF ‘WELLS FARGO & CO/MN’ NORWREST ASSET SECURITIES CORP (“NASCOR”) AND NORWEST INTEGRATED SECURITIES…
    RESPONSIBLE FOR MORSERV, INC. FORMERLY CHASE RESIDENTIAL MORTGAGE CONDUIT, INC. WITH SAME ADDRESS AS NORWEST MORTGAGE, INC. SINCE 1985 ‘SERVICING’ DONE BY GMAC MORTGAGE CORP C/O NORWEST CORP!
    CONFUSED – THEY MEANT US TO BE

    MORSERV, INC. FROM SEC
    6/18/96 1/28/99 Morserv Inc [ formerly Chase Residential Mortgage Conduit Inc ] U.S. SEC # 918643

    Formerly Assigned On
    Chase Residential Mortgage Conduit Inc 2/4/94

    Office Address Map… Mail Address Map…
    343 Thornall St
    Edison, New Jersey 07675
    U.S.A. 300 Tice Blvd
    Woodcliff Lake, New Jersey 07675
    U.S.A.

    Phone Number Incorporated In IRS Number Fiscal-Year End SEC CIK #
    1-212-552-1358 Delaware, U.S.A. 13-3784934 12/31 918643

    SIC Code Industry Source As Of
    6189 Asset-Backed Securities (ABSs) SEC 1/28/99

    (i) The Mortgage Loans were originated between January, 1992 and October, 1995

    The ownership of each Mortgage Note, the Mortgage and the contents of the related Mortgage File is vested in the Trustee.

    Fund directly to the Trustee (and not an agent of the Trustee) and shall be maintained in the possession of the Trustee (and not an agent of the Trustee)

    MORSERV, INC ‘THE COMPANY’ AND SELLER (AND/OR ASSIGNEE AND/OR SUCCESSORS) FREDDIE & FANNIE

    Chemical Bank
    Norwest Bank Minnesota, N.A.,
    as trustee

    c/o Chase Manhattan Mortgage Corporation 343 Thornall Street
    Edison, New Jersey 08837

    Norwest Bank Minnesota, N.A., as trustee Sixth Street and Marquette Avenue
    Minneapolis, Minnesota 55479

  16. EXHIBIT J

    FORM OF INVESTMENT LETTER

    (ACCREDITED INVESTOR)

    Chemical Bank
    Norwest Bank Minnesota, N.A.,
    as trustee

    c/o Chase Manhattan Mortgage Corporation

    343 Thornall Street
    Edison, New Jersey 08837

    Norwest Bank Minnesota, N.A., as trustee Sixth Street and Marquette Avenue
    Minneapolis, Minnesota 55479

    Re: MorServ, Inc., Multi-Class
    Mortgage Pass-Through
    Certificates, Series 1996-1, [Class B- ]

    THE PURCHASER INTENDS TO PURCHASE FROM __________ THE TRANSFEROR
    $_____ BY ORIGINAL PRINCIPAL BALANCE (TRANSFERRED CERTIFICATES)
    PURCHASER INTENDS TO REGISTER TRANSFERRED CERTIFICATE IN NAME OF _____________
    AS NOMINEE FOR ____________________.
    ‘CERTIFICATES HAVE NOT BEEN REGISTERED OR QUALIFIED UNDER SECURITES ACT OF 1933
    MORSERV INC, THE COMPANY NOR TRUSTEE ARE NOT REQUIRED TO REGISTER…OR QUALIFY THE CERTIFICATES…
    3. The Purchaser is acquiring the Transferred Certificates for its own account [for investment only]*/
    */ Not required of a broker/dealer purchaser.
    . The Purchaser will not nor has it authorized nor will it authorize any person to (a) offer, pledge, sell, dispose of or otherwise transfer any Certificate, any interest in any Certificate or any other similar security to any person in any manner, (b) solicit any offer to buy or to accept a pledge, disposition or other transfer of any Certificate, any interest in any Certificate or any other similar security from any person in any manner, (c) otherwise approach or negotiate with respect to any Certificate, any interest in any Certificate or any other similar security with any person in any manner, (d) make any
    ——————————————————————————–

    EXHIBIT F

    Title of Account:

    “Norwest Bank Minnesota, N.A. as Trustee, in trust for
    and for the benefit of the Certificateholders of Multi-Class Mortgage Pass-Through Certificates, MorServ, Inc., Series 1996-1 – Certificate Account”
    ACCOUNT NUMBER:

    ADDRES OF OFFICE OR BRANCH ACCOUNT MAINTAINED:

    ACCOUNT WILL BE INSURED BY FDIC. SIGNED ‘CHEMICAL BANK’

    EXHIBIT G – CERTIFICATE ACCOUNT’ DESIGNED BY NORWEST BANK MINNESOTA NA AS TRUSTEE IN TRUST FOR BENEFIT OF CERTIFICATEHOLDERS …

    EXHIBIT H- ESCROW ACCOUNT CERTIFICATION

    FORM OF ASSIGNMENT

    FOR VALUE RECEIVED THE UNDERSIGNED HEREBY SELLS, ASSIGNS AND TRANSFER UNTO: ‘SOCIAL SECURITY # OF ‘ASSIGNEE

    MORSERV, INC.

    This Certificate does not represent an obligation of or interest in MorServ, Inc., the Master Servicer or the Trustee referred to below or any of their affiliates. Neither this Certificate, the REMIC regular interest represented hereby nor the underlying Mortgage Loans are guaranteed or insured by MorServ, Inc., Chemical Bank, Chase Manhattan Mortgage Corporation, The Chase Manhattan Bank, N.A., the Trustee any of their affiliates or by any governmental agency or instrumentality

    FOLLOWING THE INITIAL ISSUANCE OF THE CERTIFICATES, THE PRINCIPAL BALANCE OF THIS CERTIFICATE WILL BE DIFFERENT FROM THE ORIGINAL DENOMINATION SHOWN ABOVE. ANYONE ACQUIRING THIS CERTIFICATE MAY ASCERTAIN ITS CURRENT PRINCIPAL BALANCE BY INQUIRY OF THE TRUSTEE.

  17. PASTE INTO GOOGLE:

    http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=176470-7693-814075&SessionID=ByjiHqfwJUWUl77

    (i) The Mortgage Loans were originated between January, 1992 and October, 1995

    The ownership of each Mortgage Note, the Mortgage and the contents of the related Mortgage File is vested in the Trustee.

    Fund directly to the Trustee (and not an agent of the Trustee) and shall be maintained in the possession of the Trustee (and not an agent of the Trustee)

    MORSERV, INC ‘THE COMPANY’ AND SELLER (AND/OR ASSIGNEE AND/OR SUCCESSORS) FREDDIE & FANNIE

    EXHIBIT J-1

    FORM OF RULE 144A INVESTMENT LETTER
    (Qualified Institutional Buyer)

    Chemical Bank
    Norwest Bank Minnesota, N.A.,
    as trustee

    c/o Chase Manhattan Mortgage Corporation 343 Thornall Street
    Edison, New Jersey 08837

    Norwest Bank Minnesota, N.A., as trustee Sixth Street and Marquette Avenue
    Minneapolis, Minnesota 55479

    Re: MorServ, Inc., Multi-Class Mortgage Pass-Through Certificates, Series 1996-1, [Class B- ]

    .PURCHASER INTENDS TO PURCHASE FROM _______________ $____ BY ORIGINAAL PRINCIPAL BALANCE THE TRANSFERRED CERTIFICATES… PURCHASER ACKNOWLEDGES THE CERTIFICATES ARE NOT BEING REGISTERED

    A TRANSACTION THAT IS EXEMPT

    EXHIBIT J

    FORM OF INVESTMENT LETTER

    (ACCREDITED INVESTOR)

    Chemical Bank
    Norwest Bank Minnesota, N.A.,
    as trustee

    c/o Chase Manhattan Mortgage Corporation

    343 Thornall Street
    Edison, New Jersey 08837

    Norwest Bank Minnesota, N.A., as trustee Sixth Street and Marquette Avenue
    Minneapolis, Minnesota 55479

    Re: MorServ, Inc., Multi-Class
    Mortgage Pass-Through
    Certificates, Series 1996-1, [Class B- ]

    THE PURCHASER INTENDS TO PURCHASE FROM __________ THE TRANSFEROR
    $_____ BY ORIGINAL PRINCIPAL BALANCE (TRANSFERRED CERTIFICATES)
    PURCHASER INTENDS TO REGISTER TRANSFERRED CERTIFICATE IN NAME OF _____________
    AS NOMINEE FOR ____________________.
    ‘CERTIFICATES HAVE NOT BEEN REGISTERED OR QUALIFIED UNDER SECURITES ACT OF 1933
    MORSERV INC, THE COMPANY NOR TRUSTEE ARE NOT REQUIRED TO REGISTER…OR QUALIFY THE CERTIFICATES…
    3. The Purchaser is acquiring the Transferred Certificates for its own account [for investment only]*/
    */ Not required of a broker/dealer purchaser.
    . The Purchaser will not nor has it authorized nor will it authorize any person to (a) offer, pledge, sell, dispose of or otherwise transfer any Certificate, any interest in any Certificate or any other similar security to any person in any manner, (b) solicit any offer to buy or to accept a pledge, disposition or other transfer of any Certificate, any interest in any Certificate or any other similar security from any person in any manner, (c) otherwise approach or negotiate with respect to any Certificate, any interest in any Certificate or any other similar security with any person in any manner, (d) make any
    ——————————————————————————–

    EXHIBIT F

    Title of Account:

    “Norwest Bank Minnesota, N.A. as Trustee, in trust for
    and for the benefit of the Certificateholders of Multi-Class Mortgage Pass-Through Certificates, MorServ, Inc., Series 1996-1 – Certificate Account”
    ACCOUNT NUMBER:

    ADDRES OF OFFICE OR BRANCH ACCOUNT MAINTAINED:

    ACCOUNT WILL BE INSURED BY FDIC. SIGNED ‘CHEMICAL BANK’

    EXHIBIT G – CERTIFICATE ACCOUNT’ DESIGNED BY NORWEST BANK MINNESOTA NA AS TRUSTEE IN TRUST FOR BENEFIT OF CERTIFICATEHOLDERS …

    EXHIBIT H- ESCROW ACCOUNT CERTIFICATION

    FORM OF ASSIGNMENT

    FOR VALUE RECEIVED THE UNDERSIGNED HEREBY SELLS, ASSIGNS AND TRANSFER UNTO: ‘SOCIAL SECURITY # OF ‘ASSIGNEE

    MORSERV, INC.

    This Certificate does not represent an obligation of or interest in MorServ, Inc., the Master Servicer or the Trustee referred to below or any of their affiliates. Neither this Certificate, the REMIC regular interest represented hereby nor the underlying Mortgage Loans are guaranteed or insured by MorServ, Inc., Chemical Bank, Chase Manhattan Mortgage Corporation, The Chase Manhattan Bank, N.A., the Trustee any of their affiliates or by any governmental agency or instrumentality

    FOLLOWING THE INITIAL ISSUANCE OF THE CERTIFICATES, THE PRINCIPAL BALANCE OF THIS CERTIFICATE WILL BE DIFFERENT FROM THE ORIGINAL DENOMINATION SHOWN ABOVE. ANYONE ACQUIRING THIS CERTIFICATE MAY ASCERTAIN ITS CURRENT PRINCIPAL BALANCE BY INQUIRY OF THE TRUSTEE.

    ——————————————————————————–

    MORSERV, INC. ‘SELLER’

    CHASE MANHATTAN BANK, NATIONAL ASSOCIATION AS ‘AUTHENTICATING BANK’ AND AUTHORIZED SIGNATORY

    ‘BLANK REGISTERED OWNER OF OWNERSHIP INTEREST EVIDENCED BY THIS CERTIFICATE’

    ‘SOLD BY MORSERV, INC. MORTGAGE LOANS SECURED BY MORTGAGE PROPERTIES AND IN CERTAIN OTHER PROPERTY HELD IN TRUST FOR BENEFIT FO THE ‘CERTIFICATEHOLDERS’ ‘COLLECTIVELY THE TRUST FUND’

    MORTGAGE LOANS ORIGINATED FOR OR BY CHEMICAL BANK

    SERVICED BY CHEMICAL BANK IN CAPACITY AS MASTER SERVICER

    TRUST FUND ‘PURUSUAL TO PSA 6/1/1996 MASTER SERVICER ‘CHEMICAL BANK & TRUSTEE NORWEST BANK MINNESOTA NA ‘ASSIGNED IN THE AGREEMENT’

    Multi-Class Mortgage Pass-Through Certificates Series 1996-1

  18. MORSERV, INC ‘THE COMPANY’ AND SELLER (AND/OR ASSIGNEE AND/OR SUCCESSORS) FREDDIE & FANNIE

    Chemical Bank
    Norwest Bank Minnesota, N.A.,
    as trustee

    c/o Chase Manhattan Mortgage Corporation 343 Thornall Street
    Edison, New Jersey 08837

    Norwest Bank Minnesota, N.A., as trustee Sixth Street and Marquette Avenue
    Minneapolis, Minnesota 55479

    sum to be held in trust for the benefit of Certificateholders in a segregated account (the “Paying Agent Account”) which shall be an Eligible Account in the name of “Norwest Bank Minnesota, N.A., as Trustee, in trust for and for the benefit of the Certificateholders

    the “Mortgage Loans”) formed and sold by MorServ, Inc. (the “Company”), which Mortgage Loans are secured by Mortgaged Properties, and in certain other property held in trust for the benefit of the Certificateholders (collectively, the “Trust Fund”).

    MORSERV INC. does hereby convey, assign and set over to the Trustee all of its right, title and interest in that portion of the Trust Fund

    It is the intention of this Agreement that the conveyance of MORSERV, INC. right, title and interest in and to the Trust Fund pursuant to this Agreement shall constitute a purchase and sale and not a loan

    ARTICLE III: REPRESENTATIONS & WARRANTIES

    REPURCHASE OF MORTGAGE LOANS

    …benefit of MORSERV, INC and the Trustee, and as to which MORSERV, INC. has assigned to the Trustee

    If a conveyance of Mortgage Loans from the Mortgage Loan Seller to the Company (MORSERV INC.) is characterized as a pledge and not a sale, then MORSERV INC shall be deemed to have transferred to the Trustee all of MORSERV, INC right, title and interest in, to and under the obligations of the Mortgage Loan Seller deemed to be secured by said pledge

    MORSERV, INC. DEED TO HAVE GRANTED TRUSTEE A FIRST PRIORITY SECURITY INTEREST IN ALL OF MORSERV, INC. RIGHT, TITLE AND INTEREST IN, TO AND UNDER OBLIGATION SOF THE MORTGAGE LOAN SELLER …

    FOLLOWING SHERIFF SALE, WHY ARE FHLMC: The Federal Home Loan Mortgage Corporation or any successor organization LISTED ON 1099A.

    AMY HAS COPY OF 1099A ISSUED FOLLOWING 2/18/2011 – AND ‘OPTIONS’ INVOKED AND WHO FILES THE ‘CLAIM’ FOR INSURANCE ON THE ‘EVENT’ ?

    The Master Servicer agrees to remain eligible as either a FNMA or FHLMC seller/servicer, or both, for so long as it is Master Servicer

    the Master Servicer may assign its rights and delegate its duties and obligations under this Agreement; provided that the Person accepting such assignment or delegation shall be a Person which is qualified to service mortgage loans on behalf of FNMA or FHLMC, is approved in advance in writing by the Trustee and the Company, is willing to service the Mortgage Loans and executes and delivers to the Company and the Trustee an agreement, in form and substance reasonably satisfactory to the Company and the Trustee, which contains an assumption by such Person of the due and punctual performance and observance of each covenant and condition to be performed or observed by the Master Servicer under this Agreement;

    Prior to the termination of the Master Servicer’s responsibilities, duties and liabilities under this Agreement, the Trustee may appoint a successor ..which is a FNMA or FHLMC approved seller/servicer in good standing and which shall succeed to all rights and assume all of the responsibilities, duties and liabilities of the Master Servicer under this Agreement

  19. A ‘SECRET’ IN BANKING IS NON-DISCLOSURE.LIKE ESCROW TITLE CLOSINGS WITH CONSUMER SECURES PROMISE TO PAY THIRD PARTY OBLIGATION, AND IN THE EVENT YOU DEFAULT, A LOAN WILL BE CREATED FOR THE CURRENT DEFAULT ALLOWING THE REO TO (ITS A SECRET); LIKE NORWEST ASSET SECURITIES CORP & STEPHEN D. MORRISON INCORPORATE (INFAMOUS OF MORSERV INC (MERS) STRATEGIC PARTNERSHIP OF ‘CHASE MANHATTAN MORTGAGE CORP’ & ‘GMAC-RESIDENTIAL FUNDING CORP & NORWEST MORTAGE iNC. WITH FEDERAL HOME LOAN CORP, FEDERAL NATIONAL MORTGAGE COR, GINNE MAE; AND NORWEST CORP’S NATIONWIDE TITLE CLOSING & SETTLEMENT SERVICES OF ATI, RELS, AMERICAN LAND TITLE .

    American Residential Mortgage Corporation
    COMPANY HISTORY PROFILE

    Address:
    11119 North Torrey Pines Road
    La Jolla, California 92037-1009
    U.S.A.

    Telephone: (619) 535-4900
    Fax: (619) 535-4939

    Statistics:
    Wholly Owned Subsidiary of American Residential Holding Corporation
    Incorporated: 1983 as ICA Mortgage Corporation
    Employees: 1,300
    Sales: $5.50 billion
    Stock Exchanges: NASDAQ
    SICs: 6162 Mortgage Bankers and Loan Correspondents

    Company History:
    American Residential Mortgage Corporation, a wholly owned subsidiary of American Residential Holding Corporation, is one of the leading residential mortgage lenders and servicers in the United States. Founded in 1983, San Diego-based American Residential grew to more than 50 branches in 17 states and funded over 250,000 home loans by the end of its first decade.

    American Residential began as the mortgage division of a large California savings and loan, the Imperial Savings Association (ISA). John M. Robbins, Jr., a ten-year veteran of the mortgage banking industry, was chosen to develop and serve as president of the subsidiary ICA Mortgage Corporation. The new division experienced significant growth in its first few years. By 1986, ICA Mortgage Corporation originated $4.2 billion in home loans, and although 1986 was considered a banner year for most mortgage companies, ICA Mortgage Corporation continued its impressive performance over the following years, with originations totaling $3.7 billion in 1988 and $3.2 billion in 1989.

    During this time, however, new ownership of the mortgage corporation’s parent company brought new priorities, including a shift to high-yield, high-risk investments. Suddenly, the ICA Mortgage Corporation seemed out of place. In late 1987, ISA announced that it would sell the mortgage division to First Nationwide Bank, a San Francisco-based savings and loan that was part of the Ford Motor Company’s financial services division. The sale was finalized in 1987, and while the purchase price was not disclosed, it was estimated to be about $65 million. The following year, ICA Mortgage Corporation changed its name to American Residential Mortgage Corporation to avoid confusion with its former parent, ISA.

    First Nationwide’s ownership of American Residential, however, was brief. In a 1991 interview in Mortgage Banking, Robbins recalled that First Nationwide offered American Residential a buyout opportunity in August 1989. First Nationwide wished to sell in order to focus on an internal mortgage operation and considered American Residential as representing a duplication of efforts.

    About the same time, the New York investment firm of Welsh, Carson, Anderson, and Stowe began considering mortgage servicing as a potential investment. According to Janet Reilley Hewitt in Mortgage Banking, “Nothing in particular triggered the interest other than the turmoil in the thrift industry.” In addition, several partners at Welsh Carson had backgrounds in data processing and viewed mortgage servicing as a process that would allow them to increase their technology in this field. Thomas E. McInerney, general partner at Welsh Carson, noted in Mortgage Banking that American Residential’s firm commitment to technology as an essential part of the business, as demonstrated in a state-of-the-art computer system, was an appealing aspect of the company. In May 1990, the senior management of American Residential and Welsh Carson bought American Residential from First Nationwide for an undisclosed price. Welsh Carson became the majority investor, and Robbins remained as president and CEO. According to McInerney in Mortgage Banking, Robbins and his managers continued to run the company; for his part, Robbins reflected that becoming an owner “tends to make decision making more conservative.”

    Following the buyout, American Residential faced some difficulties. First Nationwide had retained servicing rights to American Residential’s loans, and Robbins noted in the San Diego Business Journal that the payroll was sometimes hard to meet. Low interest rates helped American Residential by boosting business. More significant, however, was the ability of the management team, most of whom had been together since the early days as an ISA subsidiary, to move American Residential productively through yet another transformation.

    In November 1990, American Residential successfully negotiated a warehouse line (a credit line to fund originations) from six of the nation’s largest banks. According to Mortgage Banking, American Residential faced quite a challenge: “In the midst of one of the worst credit crunches in recent history, in the midst of a significant housing slump, there probably could not have been a tougher time to be a new, independent, mortgage banking company looking for a warehouse line.” Despite these difficult circumstances, six banks, including The First National Bank of Chicago and The Bank of New York, established a credit line of $270 million to fund originations for American Residential.

    After securing funds for originations, American Residential turned to establishing a servicing portfolio to replace the one it lost when it was sold by First Nationwide. In April of 1991, the corporation entered into an agreement to purchase loan servicing contracts for $3.4 billion in loans from Resolution Trust Corporation (RTC), the savings and loan liquidator. Ironically, the loan servicing contracts of came from ISA, then under RTC conservatorship. As part of the arrangement, American Residential received contracts as well as 175 employees. The deal was implemented in several phases, continuing into 1992.

    American Residential also won a contract to assist with RTC auctions of properties from the real estate portfolios of failed savings and loans to prequalified, targeted low- to middle-income households. In competitive bidding drawing more than three thousand applicants, American Residential was one of only two companies selected for national contracts. The company provides a range of functions for customers, including aiding the loan application process, prequalifying buyers, analyzing property, and coordinating the closing. In addition, American Residential counsels prospective home buyers on a number of issues regarding home ownership, including types of loans, insurance, taxes, the qualifying process, and the importance of maintaining a good credit history. American Residential’s numerous regional branches enabled the corporation to provide staff in many of the cities in which auctions were held. Jim Gilcrest, executive vice president of American Residential, explained in the San Diego Daily Transcript that American Residential’s involvement in this program reflected a long standing philosophy of the company, that of promoting home ownership among a wide range of consumers: “This is an exciting program that links business practicality with social purpose. We’re proud to be part of a project team that will make the dream of homeownership a reality for thousands of Americans.”

    The year 1992 was remarkable for American Residential. Originations totaled $5.5 billion, up from $2.9 billion in 1991, while the company expanded its service portfolio to $9.7 billion. In addition, net income was increased by 49 percent.

    American Residential planned an initial public offering (IPO) of its stock in March of 1992. Because a number of other IPOs were on the market at that time, however, the corporation delayed its stock offering until August. The sale raised more than $37 million, which was used to expand the company’s mortgage origination capabilities and to acquire additional loan servicing portfolios. According to the company, nearly every employee of American Residential owned stock in 1992.

    American Residential Mortgage Corporation, which sold additional shares of stock in early 1993, was poised to continue its growth through the 1990s, demonstrating several strengths. Having numerous offices across the country allowed American Residential to withstand regional slumps. Robbins was regarded as an innovative leader who spearheaded the idea for private ownership. And the management team, whose style and strategies have been praised in Mortgage Banking, have clearly weathered difficult changes in the past and seem ready to face challenges in the future.

  20. GMAC-RESIDENTIAL FUNDING CORPORATION
    1985 – NORWEST CORPORATION ‘RESIDENTIAL FUNDING CORPORATION – RSSDID#1120754 (PARENT) AFFILIATE ‘NORWEST MORTGAGE, INC.’

    Mortgage Guaranty Insurance Corporation (MGIC), Milwaukee, which in 1982 formed an alliance with Salomon Brothers, New York, and a Norwest Bank subsidiary called Residential Funding Corporation, Minneapolis, to issue securities collateralized by nonconforming A product–making it the oldest private-label mortgage conduit.

    The thriving mortgage conglomerate known as GMAC-RFC is busy growing operations in Europe, Asia and Latin America. Started as a private conduit in 1982, this unique company is into every nook and cranny of the mortgage business today.

    BRUCE PARADIS WAS NEVER ABLE TO ESCAPE MINNESOTA–AND THAT HAS BEEN A GOOD THING.
    * Paradis, a born-and-bred Mankato boy, almost didn’t get out of his hometown. After high school, he migrated down the road to Minnesota State University in Mankato. Then, with a degree in economics, he ended up at First Federal Savings & Loan of Mankato.
    * Eventually he ended up at Mortgage Guaranty Insurance Corporation (MGIC), Milwaukee, which in 1982 formed an alliance with Salomon Brothers, New York, and a Norwest Bank subsidiary called Residential Funding Corporation, Minneapolis, to issue securities collateralized by nonconforming A product–making it the oldest private-label mortgage conduit.
    * In 1983, Paradis moved from MGIC over to Norwest, which had been his main client when he worked at MGIC. He’s still at the conduit, although it’s no longer owned by Norwest.
    Today, Paradis’ office can be found in a sleek midrise overlooking Normandale Lake, just outside of Minneapolis. It’s only about 75 miles north of Mankato, but both he and General Motors Acceptance Corporation-Residential Funding Corporation (GMAC-RFC) took a long time to get where they are today: RFC, owned by GMAC Financial Services, Horsham, Pennsylvania, ranks as the largest private residential mortgage conduit and Paradis is its president.

    After its inception, RFC bounced around the corporate world with an impressive list of various owners. During the 1980s, it was owned by Salomon Brothers and then Anchor Savings before being acquired by GMAC in 1990.
    GMAC now operates as GMAC Financial Services, with its largest subsidiary the automotive financing operations, but the fastest-growing GMAC unit is now the mortgage group-which makes up more than 20 percent of its earnings. In 2000, GMAC Mortgage Group Inc. earned a record $327 million, up from $260 million in 1999 and $115 million in 1998, according to the company.
    The mortgage group has now been divided into three subsidiaries: GMAC Residential, GMAC Commercial Mortgage and GMAC-RFC.
    “In terms of earnings and contributions, the mortgage group is the fastest-growing part of GMAC,” says Paradis. “So if you were to look at GMAC earnings over a 10-year period, what has happened is that auto finance and auto lease financing businesses are still the core businesses, but their overall contributions to net income has declined. And of the mortgage group of companies, GMAC-RFC is the leading contributor. GMACRFC has tripled its net income three times since 1994.
    Simply explained, GMAC-RFC originates and purchases jumbo, high loan-to-value (LTV) and subprime residential mortgages, then securitizes the mortgages into pass-through certificates, eventually selling the certificates to investors. It also functions as a master servicer on behalf of investors.
    Beyond that, however, GMAC-RFC now engages in a number of related businesses, including warehouse lending and residential construction finance.
    Over the years, Paradis has carefully sculpted GMAC-RFC into a corporate structure with five operating units: Residential Capital Group, Business Capital Group, Investment Capital Group, European Group and Latin American Group.
    “Our business charter from our owner, GMAC, encourages us to utilize its capital and grow,” says Paradis. “If you look at our current formation, it has come mostly through contiguous growth, from startups to small acquisitions.”
    The whole basis for having five separate operating companies, Paradis adds, is really about a commitment to different markets. “Look at the history of the company in terms of where we started–that is, bringing liquidity to illiquid markets,” he says, “to where we are now–transforming markets and becoming a worldwide capital partner, and you can see the enormous growth. Applying the skills of risk management and origination, along with securitization, master servicing and business-to-business lending are the business models that we can transplant to other assets and to other countries as well.”
    A core business
    The heart of GMAC-RFC is now its Residential Capital Group, which encompasses a host of businesses, including mortgage securitization, origination, warehouse lending, wholesale lending and master, primary and special servicing.
    “We are in the nonagency residential real estate market,” explains Eric Scholtz, an executive vice president in the Residential Capital Group. “We are a conduit in the sense that we are not directly dealing with the consumer. We do a little bit of it, but it is a fraction of the business. What we use for a funding vehicle is securitization, about 70 percent of which is done through Wall Street underwriters and 30 percent through our own broker/dealer called Residential Funding Securities Corporation [RFSC].”
    GMAC-RFC does not generally originate loans, but instead purchases them from entities such as banks and mortgage companies. The company did originate about $1 billion worth of loans last year through its Homecomings Financial Center [SM] and Residential Money Center [SM] brands, but the vast majority of its work was business-to-business. For the past four years, GMAC-RFC ranked as the top private-label mortgage conduit, ahead of such names as Norwest, GE Capital and Bank of America, according to company documents.
    In 2000, the company “purchased around $20 billion of first- and second-lien mortgages,” Scholtz says. That was down from $25 billion in 1999 and $32 billion in 1998. The slide downward has been a result of rising interest rates over that period, according to Scholtz.
    GMAC-RFC expects to do $22 billion in purchased originations this year, the difference being that it has grown other loan-type businesses such as asset-backed, subprime lending and home-equity lending. “We are still involved in jumbo and alternative-A lending, but this has been a place where the GSEs [government-sponsored enterprises] have taken bigger bites of the pie,” says Scholtz.
    The shift of focus can be seen in product volume. Back in 1998, when the company purchased $32 billion of product, $24 billion of it was jumbo and alternative-A mortgages, the rest being subprime and home equity. In 2000, of the $20 billion in purchased production, the majority–$11 billion–was subprime and home equity and the rest jumbo and alternative-A. Even this year, in a lower interest-rate environment that helps the jumbo and alternative-A market, GMAC-RFG will still do more subprime and home-equity lending.
    A multifaceted relationship
    In 1996, Neil Meissner and two partners founded Dallasbased Sebring Capital Corporation, which basically offers table funding for nonconforming borrowers in the subprime area. In 2000, Sebring did about $600 million of business and this year expects to do $750 million, says Meissner.
    “We worked with GMAC-RFC from the beginning, initially selling them some whole loans. They were also our initial warehouse lender,” says Meissner. “We have subsequently expanded our relationship with them to include a strategic partnership, which gives us the ability to deliver loans into a quasi-securitization transaction. The benefit for us is that it gives us more direct access into the secondary market than a company our size would otherwise have.”
    In five years, Sebring’s business with GMAC-RFC has grown extremely multifaceted, including warehouse lending, whole-loan sales, securitization and residual financing.
    “GMAC-RFC has helped us leverage our capital and access the markets very effectively,” says Meissner.
    According to RFC statistics, last year it was the No. 1 issuer of alternative-A, mortgage-backed securities (MBS) and the No. 1 issuer of home-equity loan asset-backed securities (ABS). Through the first quarter of 2001, GMAC-RFC ranks as the No. 1 issuer of ABS home-equity loan and B&C (subprime) product. The company also ranks in the top five in private-label MBS, Meissner says, and retains its ranking as the overall No. 1 private mortgage conduit in 2001 with issuance that includes jumbo, subprime, high-LTV and other mortgage-related deals.

    In 1999, the company reported in a fact sheet that it was the largest warehouse lender in the country, with more than $7 billion in warehouse line commitments. In 2000, the company continued its leadership, says Meissner, with $7.7 billion in total commitments. As of first-quarter 2001, with $8.3 billion in total commitments, GMAC-RFC is still the largest warehouse lender, according to Meissner.
    On the back end, GMAC-RFC is also a top-25 mortgage servicer and a top-10 servicer of residential subprime mortgages. Last year, GMAC-RFC was assigned the top master servicer designation by New York-based Fitch IBCA, the international rating agency. It was the first time the company received the RMS1, the highest distinction possible. As of the first quarter 2001, GMAC-RFC’s master servicing portfolio consisted of 651,809 loans with a balance of $77.7 billion, including a wide range of first- and second-lien residential mortgage loan products.
    In 2000, the company did $18.5 billion of securitizations in the United States, about $10 billion to $11 billion of which was subprime and home equity, and the balance jumbo and alternative-A. This year, GMAC-RFC expects to do $21.5 billion in securitization with about the same mix as the year before.
    A nonconforming partnership
    Miamisburg, Ohio-based National City Mortgage predicts 2001 will be a banner year. The firm did about $21 million in loan production last year, and with the refinance boom going full-bore should do even better this year. “We are basically national in scope in terms of production, and we are probably 50-50 between wholesale and retail business,” says Ted Tozer, a senior vice president with National City. “About 20 percent of our business tends to be jumbo and alternative-A, which is mainly what we are selling to RFC.”

    National City’s relationship with RFC goes back to 1990, when it began selling its jumbo products. “We were pretty much selling on a loan-by-loan level and locking them in one by one,” says Tozer. “Then with our growth, we expanded to alternative-A. We were one of their first customers to sell them alternative-A product.”
    Because National City works under its own unique guidelines, it’s not always easy to bid out a total package. “It’s always like, ‘We can buy 90 percent of what you have, but 10 percent is outside our scope.’ RFC will buy whatever we give them, for the most part. Because they have a wide spectrum of products, they can slot the loans into various programs, says Tozer. “It has really made life simple for us.”
    GMAC-RFG always assumed payment risk in the jumbo and alternative-A sectors, but it was trickier to expand into the other product lines, such as subprime, where there is no buyer for the first-loss or risk pieces, according to Scholtz. “To get to those marketplaces we needed to take that risk, and we did by establishing ourselves as a premier servicer of assets. We have to own that risk and have the discipline that comes with having to own the risk long term,” he says.
    “Our motivation is to deliver long-term sustainable value,” says Scholtz. “We make long-term business decisions, and where we have expanded our business in the last five to seven years has been in areas where we have had to assume the risk.”
    Distress and success
    To get a handle on GMAC-RFC’s Investment Capital Group, it’s best to think “distressed.” This part of the company buys a broad range of mortgage assets from nonperforming and subperforming to real estate owned (REO). It also buys some performing loans, but they are very seasoned and generally coming out of portfolios because of regulatory issues or declining interest rates.
    “When we make investments, we have two primary objectives to maximize our return,” says Keenen Dammen, president of the Investment Capital Group. “Get them performing again and securitized, or resolve them through the process of foreclosure or pay-off.”
    The difference between the Investment Capital Group and the larger Residential Capital Group is really about process. Investment Capital, for example, may analyze a portfolio of several billion dollars before buying assets worth a couple of hundred million dollars. It is transaction-oriented, as opposed to a conduit buying to specific guidelines. Residential Capital’s trading desk prices its product every day.
    In 2001, Investment Capital expects to buy approximately $2 billion worth of product, three-quarters of which will be seasoned performing loans and the remaining subperforming, nonperforming and REG. That amounts to an increase of 20 percent over the previous year.

    There are also two other components of Investment Capital. Residential Funding Securities Corporation (RFSC) is a broker/dealer created to place Investment Capital’s paper and a very significant portion of Residential Capital’s loans and mortgage-and asset-backed securities directly to global institutional investors. From 1992 through the first quarter of 2001, RPSC directly distributed 20 percent, or $38.3 billion, of GMAC-RFC’s cumulative sale of loans and securities. Direct distribution of issuance peaked in 1998 at $6.9 billion (21 percent of total sales). Through the first quarter, Investment Capital has been involved in $1 billion of issuance, or 19 percent of the total RFC sales, according to Dammen.
    Finally, Investment Capital has also expanded into distressed credit services, where it resolves portfolios of distressed consumer assets on a contingency basis. “We have taken our skill sets of loss mitigation, credit analysis and understanding of distressed markets and expanded our product reach beyond mortgages,” says Dammen. “It is a fast-growing and potentially lucrative market for us.”
    Nonmortgage lending
    Back in 1992, GMAC-RFC began doing construction finance, which, three years later, became the core of a new business unit called the Business Capital Group. There are now a number of operations in this unit, all of which are defined by what they are not–mortgage finance.
    The biggest part of the Business Capital Group is still GMAC Residential Construction, which provides straight debt products to builders and developers so they can acquire land and develop it into home sites. Residential Construction also provides the loans to build the houses.
    The second operation looped into the Business Capital Group is GMAC Residential Equity, which provides funds to builders on a subordinated debt-type financing. “When builders are going into a new community, the first mortgage lender provides most of the capital and then the builders have to put in some equity as well. The Residential Equity unit provides a portion of the equity funds to the builders,” says Laura Mollet, managing director and chief counsel of the Business Capital Group. “It’s like mezzanine debt.”
    The third operative unit under the Business Capital flag is called GMAC Model Home Finance. It provides funds to builders who are looking to get their models off-balance-sheet. Traditionally, this has worked as a sale-leaseback, where the builder sells the home to GMAC and leases it back. Model Home Finance is now working on two new, off-balance-sheet finance programs.
    Loan commitments of Residential Construction, Residential Equity and Model Home Finance totaled $1.9 billion in 1999 and $2.8 billion in 2000. This year, Mollet expects loan commitments to rise to $3.3 billion.
    Business Capital also runs a new ventures group, which is charged with finding opportunities to expand GMAC-RFC business lines outside of the home-building industry.
    “Business Capital provides GMAC-RFC incredible diversification because it is completely unrelated to the mortgage industry,” says Mollet. “It is also highly profitable. The spreads we get in this kind of lending are significantly higher than we can get elsewhere. With that, there is also higher risk.”
    Mostly, this group has developed organically. But at the end of 1999, it bought the Dynex division of Richmond, Virginia–based Dynex Capital Inc., a financial services company that invests in a portfolio of securities and investments backed principally by single-family mortgage loans, commercial mortgage loans and manufactured-housing installment loans.
    While still relatively small compared with GMAC-RFC’s other operating units, the growth has been substantial. In 1995, Business Capital held $150.6 million in loans outstanding. This year Mollet expects that number to grow to $2 billion.
    Business Capital will do well in 2001, says Mollet, as new-home sales have not suffered much in the current economic downturn. “Model Home Finance will have another very strong year, while Residential Construction will continue to grow–just not at the level it has done in the past.”
    Going international
    While the United States is the largest credit market in the world, it is also the most efficient and competitive–which means it is extremely difficult to boost net income. “Margin squeeze is the pre-eminent problem in the U.S.,” says Paradis. “We are good at confronting the problem, but nevertheless the company needed to diversify away from U.S. risk, credit-cycle risk and real-estate risk. We looked for opportunities elsewhere. With GM as a parent that has been involved with international business for the last 75 years, we were in a natural position to extend our skills internationally.”

    As early as 1996, GMAC-RFC began looking at the British Isles, finally in that year making a lending investment in Kensington Mortgage Co., London, a small nonconforming lender. Two years later, GMAC-RFC bought Birmingham Midshires Mortgage Services Ltd., Wolverhampton, England, a business-to-business mortgage banker. Also that year, it launched nonstandard (called nonconforming in the United States) mortgage products. One year later, GMAC-RFC bought two more companies, Private Label Group, London, and Rapide Mortgage Services, Bournemouth, England.
    On the mortgage side, GMAC-RFC in the United Kingdom creates and manages portfolios of mortgage loan products and distributes residential mortgages through brokers and securitizes loans, selling them as fixed-income investments. Since 1999, the company has done $1.4 billion worth of securitizations.
    “The securitization market existed before we got there,” says Christopher Nordeen, president of GMAC-RFC’s European Group, “but we helped deepen it and broaden its appeal. Before, it did not have any big, consistent players. We brought credibility to the market.”
    The U.K. operation is now establishing its brand name, GMAC Residential Funding, and in the future will close loans in that name. “We are a full-service mortgage bank in the United Kingdom,” says Nordeen. “We issue loans, securitize them and continue to service them. In most cases, we take payments from the borrowers and work them all the way through until [the loans are] refinanced or paid off.”
    Nordeen expects GMAC-RFC to double its business in the United Kingdom over the next couple of years. “We are going to get more distribution and expand our product range,” he says.
    In 2000, the company did three securitizations for about $1 billion total. It expects securitization volume to increase by 20 percent this year.
    This year, GMAC-RFC also made the jump across the English Channel, establishing another European operation by setting up a new office in The Netherlands. It, too, reports to Nordeen.

    The Dutch office signed its first employees in January. As with its sister company in the United Kingdom, the Dutch organization will distribute residential mortgages through brokers. “Our first contract for origination was signed in the first quarter,” says Nordeen.
    The goals for The Netherlands office at this point are modest, Nordeen adds. “I would just like to get my Dutch business up and running and have a security out the door with GMAC-RFC’s name on it,” he says. “A $150 million securitization is a stretch, but that is the goal.”
    Next up for GMAC-RFC is Germany with, it is hoped, Sweden, Spain, France and Italy to follow. GMAC-RFC has one other business operation in Europe–distressed asset resolution.
    “We have a 34 percent minority owner position in Olympia Capital ASA, Oslo, Norway, a distressed credit-card debt purchaser,” says Nordeen. “What will happen is a company such as GE Capital or Halifax has credit-card debt outstanding, and if they can’t successfully collect on it, those loans are sold at a discounted price to Olympia, which will attempt to collect.”
    If taking on the challenge of expanding GMAC-RFC through Europe wasn’t enough, Nordeen is now boarding planes for the long journey to Tokyo. Nordeen has also taken on the responsibility, of opening the company’s Japan office, expected to have an operational platform in place by year-end.
    GMAC-RFC hired its first business development directors for Japan and Asia last August, but the focus at first will be Japan, where a sophisticated financial system and strong consumer buying power should mesh with the company’s strength. “The mortgage lending industry in Japan is tied into the cross-selling that banks do there and it may not be as profitable as it is in some other countries, but that doesn’t mean we wouldn’t want to eventually get into it,” says Nordeen: “Japan represents a nice market for us. It’s a good credit culture, where people pay debts.”
    South of the border
    Before GMAC-RFC decided to open operations in Latin America, it sent some of its people traveling from Mexico to Argentina scrutinizing markets. In the end, the company decided the first place it should be is Mexico. The company entered the market by acquiring an existing company called Auritec in 1998.
    “Since lending has been controlled by the banking system through bank branches, the servicers in Mexico were the banks because they usually keep that part of the business,” says Jose Landa, GMAC-RFC’s director of mortgage banking in Mexico. Auritec was the first servicing company of its kind in Mexico.

    Auritec now performs two types of operations: resolving distressed assets and servicing loan portfolios. In Mexico, that country’s equivalent of the Resolution Trust Corporation (RTC) has been selling distressed asset portfolios, some of which GMAC-RFC acquired and is now servicing.
    Auritec stands as just one part of GMAC-RFC’s three-tiered operation in Mexico. The company also originates and services residential loans through GMAC Hipotecaria and provides warehouse financing to mortgage lenders through GMAC Financiera. “We are hoping by the end of 2001, GMAC-RFC’s Mexican operation will originate $100 million in mortgages,” says Landa.
    And, in a completely different enterprise, GMAC-RFC in Mexico provides businesses with medium-term lines of credit to purchase materials and components from U.S.-based companies.
    GMAC-RFC, after establishing a firm base of operations in Mexico, expanded elsewhere in Latin America. Its next stop was Brazil, where it again acquired a local servicing company, this one called ControlCred. The company is also applying to the Brazilian financial authority for the incorporation of a mortgage bank.
    Before year-end 2001, GMAC-RFC also hopes to be in Argentina and Chile. When GMAC-RFC first entered Mexico with the Auritec purchase, it totaled just 20 workers south of the border. Today, the group boasts 160 employees. Says Landa, “The Latin America group is growing pretty fast.”
    Moving forward
    GMAC-RFC has been relatively quiet on the acquisition front, except for portfolio acquisitions (in September 2000, a $500 million buy of adjustable rate mortgage-backed securities) and some e-commerce ventures (a June 2000 private placement of equity and warrants in Basis100 Inc., a Toronto-based technology company). But this has generally been Paradis’ way. He has been very conservative in trying to grow his company through acquisitions.

    “Usually, you can buy assets a lot cheaper than you buy companies,” explains Paradis. “We have bought into a lot of markets that have gone into the tank, but we have not gone and bought individual companies that have gone into the tank.”
    Instead of making big, splashy deals that can double GMAC-RFC in one swoop, Paradis says he prefers to see his five operating units expand in contiguous ways. “I would rather have 25 activities going on in our business lines rather than buying a huge company and take on the burden of goodwill, amortization and integration. We have maintained fairly consistent growth in assets, net income and return on capital with a formula of not making a big acquisition,” he says.
    This doesn’t mean that Paradis straitjackets his company by being too rigid, as can be seen by the transformation of his company from a U.S.-focused firm to a worldwide capital partner.
    “My expectation is that we will not continue with this identical structure,” Paradis says. “We are creating a portfolio of businesses, and some of these operations are in the early part of the lifecycle. Going forward, we may split an existing unit into two. Or we still might add another business.”
    Steve Bergsman is a freelance writer based in Mesa, Arizona.

    COPYRIGHT 2001 Mortgage Bankers Association of America
    COPYRIGHT 2008 Gale, Cengage Learning

    Bibliography for: “GMAC-RFC’s Worldwide Reach”
    Steve Bergsman “GMAC-RFC’s Worldwide Reach”. Mortgage Banking. FindArticles.com. 06 Dec, 2011.

    COPYRIGHT 2001 Mortgage Bankers Association of America
    COPYRIGHT 2008 Gale, Cengage Learning

  21. Schedule 14D-1 Tender Offer:8/9/1994 Chase Manhattan Corp Purchase AMERICAN RESIDENTIAL HOLDING CORPORATION
    The name of the subject company is American Residential Holding
    Corporation, a Delaware corporation, and the address of its principal executive offices is 11355 North Torrey Pines Road, La Jolla, California 92037

    (b) This Tender Offer Statement on Schedule 14D-1 relates to the offer by Chamres, Inc., a Delaware corporation (the “Purchaser”) and an indirect wholly-owned subsidiary of The Chase Manhattan Bank (National Association), a national banking association (“Parent”), to purchase all outstanding shares of
    Common Stock, par value $.04 per share (the “Shares”), of American Residential
    Holding Corporation, a Delaware corporation (the “Company”),

    02926R107
    (CUSIP NUMBER OF CLASS OF SECURITIES)

    ROBERT J. JACOBS, ESQ.
    SENIOR VICE PRESIDENT AND SECRETARY
    CHASE MANHATTAN MORTGAGE HOLDINGS, INC.
    IRS#59-3187852
    4915 INDEPENDENCE PARKWAY
    FSII-2
    TAMPA, FLORIDA 33634-7523
    TELEPHONE NUMBER (813) 881-2110

    CHAMRES, INC.
    CHASE MANHATTAN MORTGAGE HOLDINGS, INC.
    THE CHASE MANHATTAN BANK (NATIONAL ASSOCIATION)
    THE CHASE MANHATTAN CORPORATION
    (BIDDERS

    SEC File 5-43285
    American Residential Holding Corp
    4 Filings · Click on a Filing-Type¹ to view it · List the Documents within these Filings
    in the p.1 filings below.all 4 filings.an “object” Search. Show Filings with “hits”Docs searched and the 1st “hit”.every “hit”.
    Help… Wildcards: ? (any letter), * (many). Logic: for Docs: & (and), | (or); for Text: | (anywhere), “(&)” (near).

    As Of Filer Filing¹ For/On/As Docs:Size Issuer Agent

    9/16/94 Chase Manhattan Corp SC 14D1/A 1:7 American Residential Holding Corp Donnelley R R & S..02/FA
    Chamres/Inc²
    Chase Manhattan Corp²
    Chase Manhattan Mortgage Holdings/Inc²
    The Chase Manhattan Bank (National Association)²
    9/08/94 Chase Manhattan Corp SC 14D1/A 3:21 American Residential Holding Corp Donnelley R R & S..02/FA
    Chamres/Inc²
    Chase Manhattan Corp²
    Chase Manhattan Mortgage Holdings/Inc²
    The Chase Manhattan Bank (National Association)²
    8/23/94 Chase Manhattan Corp SC 14D1/A 2:9 American Residential Holding Corp Donnelley R R & S..02/FA
    Chamres/Inc²
    Chase Manhattan Corp²
    Chase Manhattan Mortgage Holdings/Inc²
    The Chase Manhattan Bank (National Assoc/)²
    8/09/94 Chase Manhattan Corp SC 14D1 11:117 American Residential Holding Corp Donnelley R R & S..02/FA
    Chamres/Inc²
    Chase Manhattan Corp²
    Chase Manhattan Mortgage Holdings/Inc²
    The Chase Manhattan Bank (National Assoc/)²

    ¹ Filing Type:
    SC 14D1 Tender-Offer Statement — Third-Party Tender Offer – Schedule 14D-1.
    /A Amendment to or Amended version of a previous filing of this type.
    ² Group Member: Registrant or non-Registrant party to a filing made by a group.

    Chase Manhattan Corp Signatory for American Residential Holding Corp: 4 filings 8/9/94 to 9/16/94
    Registrant
    Office Address Map…
    11355 N Torrey Pines Rd
    La Jolla, California 92037
    U.S.A.

    Phone Number Incorporated In IRS Number Fiscal-Year End SEC CIK #
    1-619-535-4900 Delaware, U.S.A. 13-3562690 12/31 880837

    SIC Code Industry Source As Of
    6162 Mortgage Bankers and Loan Correspondents SEC 9/16/94
    Tender Offer

    This Statement is filed by the Purchaser, Chase Manhattan
    Mortgage Holdings, Inc., a Delaware corporation (“CMMHI”), Parent and The Chase Manhattan Corporation, a Delaware corporation (“Chase”). The Purchaser is a Delaware corporation and a wholly-owned subsidiary of CMMHI, which is a wholly-owned subsidiary of Parent. Parent is a national banking association
    and a wholly-owned subsidiary of Chase. Information concerning the principal business and the address of the principal offices of the Purchaser, CMMHI, Parent and Chase is set forth in the Introduction and Section 9 (“Certain Information Concerning the Purchaser, CMMHI, Parent and Chase”) of the Offer
    to Purchase and is incorporated herein by reference. The names, business addresses, present principal occupations or employment, material occupations, ositions, offices or employment during the last five years and citizenship of the directors and executive officers of the Purchaser, CMMHI, Parent and Chase are set forth in Schedule I to the Offer to Purchase and are incorporated herein by reference.

    (e)-(f) Neither the Purchaser, CMMHI, Parent nor Chase nor, to their knowledge, any of the persons listed in Schedule I to the Offer to Purchase, has during the last five years (i) been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting activities subject to, Federal or state securities laws or finding any
    violation of such laws.

  22. WFHM dba Wells Fargo Bank NA
    Real Estate Owned properties
    c/o Premier Asset Services
    a division/subsidiary of
    WFHM employees c/o Wells Fargo Bank NA
    in which affiliates of Wells Fargo Bank NA’s Mortgage Servicer as Nominees c/o Assigns and or Successors …pay to be lender/broker allowed to use name of Wells Fargo Bank NA

    Google displays public profile of Tamara Swain c/o Linkedin who reveals the following information about the good name of a good employee who does a great job for Mary Coffin EVP and Mark Oman and Frank Codel and co-presidents Heid and HEiden…

    SVP Wells Fargo Home Mortgage
    Company Website: http : // reo . wellsfargo.com /

    What is the ‘big deal’ with Norwest Corporation owning

    What is an Alt-A Loan c/o American Land Title ASsociation owned by Norwest Corporation revealed in ffiec . gov database dated 12/31/1996 where money flows to/from parent Norwest Corp RSSD ID 1120754?

    American Land Title Association – ALTA trade association representing title insurance industry focuses on property’s abstract of title which ties history of title to a particular piece of real estate — The Land Title Institution a subsidiary of ALTA are a Division of Wells Fargo Bank NA? c/o Norwest Corp 1996 merger and marraigen to Wells Fargo Bank COmpany 11/2/1998 and is the ‘Unique’ Model John Stumpf and Howard Atkins referred?

    T. Swain WFHM
    Location Charlotte, North Carolina Area
    Industry Financial Services
    Overview Current
    Senior Vice President at Wells Fargo Home Mortgage

    VP/Operations & UW Manager at Wells Fargo Home Mortgage
    Operations/UW Manager at Old Kent Mortgage
    Operations supervisor at Norwest Mortgage
    Education – Mortgage Bankers Association
    Company Website: http : // reo . wellsfargo . com
    Public Profile: http://www.linkedin.com/pub/tamara-swain/1/95b/76a
    LISTS ‘PREMIER ASSET SERVICES’ aka PRASREO a div Wells Fargo Bank NA
    Senior Vice President -Wells Fargo Home Mortgage
    Public Company; WFC; Banking industry
    October 2009 – Present (1 year 11 months)
    SVP/ REO Manager
    Wells Fargo Home Mortgage
    Public Company; WFC; Banking industry
    September 2007 – October 2009 (2 years 2 months)
    Premiere Asset Services
    VP/Operations & UW Manager
    Wells Fargo Home Mortgage Public Company; 10,001+ employees;
    WFC; Financial Services industry
    September 1998 – August 2007 (9 years)
    Operations/UW Manager
    Old Kent Mortgage – Public Company; Banking industry
    March 1997 – September 1998 (1 year 7 months)
    National Relocation, Refinance and Subprime Call centers
    Conventional, FHA, VA, Subprime
    Operations Supervisor Norwest Mortgage
    Public Company; Banking industry
    December 1993 – February 1997 (3 years 3 months)
    Conventional, FHA, VA
    Education Mortgage Bankers Association AMP
    2008 – 2009
    Davenport University
    MBA, Strategic Management
    2006 – 2007
    Ferris State University
    BS Business Administration, Paralegal, Real Estate
    1989 – 1993

    WFHM WILL BE FOUND ON ‘FAXES’ IN WHICH ‘Wells Fargo Bank NA CLOSING AGENTS and title agencies and Mortgage Brokers and even ‘REO BROKERS c/o Tempoary Lenders c/o Wells Fargo Bank NA will resell debt – sell loan again separating DEED OF TRUST from mortgage backed note owner recording ‘Deed of Trust’ Assignment of the new Nominee assigns and successors.

    REO PROPERTIES C/O ‘SHERIFF SALES’ UNTIL RESOLD IN PUBLIC DOMAIN TO ‘CONSUMER’ ….all activities after 90 day default passed to SERVICER, Sub-servicers, nominees assigns and/or successors and are not the CREDITOR – owner fo the ‘real property’ mortgage backed note.

    CREDITOR owner of mortgage backed note allows Master Servicer to assign servicers and subservicers to collect default debt. Menawhile the Servicers advance funding to loan trust creditors who own the mortgage backed notes.

    and whose ‘Trustee’ resold the mortgage backed notes to FREDDIE MAC/FannieMae

    90 day default BINO Servicers subserviders are Assigned c/o REO Tempoary Lender , all properties by Wells Fargo Bank NA Nominee to assigns and/or successors’ including Sub-Servicers under Agreement subservicing ‘portfolio’s, defaults assigned to ‘new’ sub-servicers substitutes called ‘trustees’ and/or ”reo brokers’ c/o Wells Fargo Home Mortgage division Wells Fargo Bank NA (Nominee c/o Purchaser of Mortgage-backed Notes – real creditor) c/o Nominee REO Tempoary Lender who will deal with WFHM c/o RETAIL ‘Mortgage Servicers” Nominee assigns and/or successors c/o subservicers c/o PASREO REO Lenders, REO Brokers, REO Appraisers, etc.

    Tamara Swain
    SVP Wells Fargo Home Mortgage
    Company Website: http : // reo . wellsfargo . com /
    What is the ‘big deal’ with Norwest Corporation owning

    What is an Alt-A Loan?
    a Division of Wells Fargo Bank NA
    Location Charlotte, North Carolina Area
    Industry Financial Services
    Overview Current
    Senior Vice President at Wells Fargo Home Mortgage
    Past SVP/ REO Manager at Wells Fargo Home Mortgage
    VP/Operations & UW Manager at Wells Fargo Home Mortgage
    Operations/UW Manager at Old Kent Mortgage
    Operations supervisor at Norwest Mortgage

    Education – Mortgage Bankers Association
    http : // www . linkedin . com / pub/tamara-swain / 1 / 95b / 76a

    Experience
    Senior Vice President
    Wells Fargo Home Mortgage
    Public Company; WFC; Banking industry

    October 2009 – Present (1 year 11 months)

    SVP/ REO Manager
    Wells Fargo Home Mortgage
    Public Company; WFC; Banking industry

    September 2007 – October 2009 (2 years 2 months)

    Premiere Asset Services

    VP/Operations & UW Manager
    Wells Fargo Home Mortgage
    Public Company; 10,001+ employees; WFC; Financial Services industry

    September 1998 – August 2007 (9 years)

    Operations/UW Manager
    Old Kent Mortgage
    Public Company; Banking industry

    March 1997 – September 1998 (1 year 7 months)

    National Relocation, Refinance and Subprime Call centers
    Conventional, FHA, VA, Subprime

    Operations supervisor
    Norwest Mortgage
    Public Company; Banking industry

    December 1993 – February 1997 (3 years 3 months)

    Conventional, FHA, VA

    Education
    Mortgage Bankers Association
    AMP
    2008 – 2009

    Davenport University
    MBA, Strategic Management
    2006 – 2007

    Ferris State University
    BS Business Administration, Paralegal, Real Estate
    1989 – 1993

    Activities and Societies: Varsity Volleyball

    Additional Information
    Websites:
    Company Website
    Groups and Associations:
    Toastmasters

    Premier Asset Services
    Learn About Navigating Foreclosure Process
    Wells FArgo Bank NA ‘Real Estate Agents and Brokers’
    benefit from unique REO assistance from Wells Fargo
    Company website SVP Wells Fargo Home Mortgage lists as company website

    REO Tempoary Lenders and brokers and appraisers dba
    WFHM c/o Premier Asset Services (PASREO)
    also under the Americas Servicing Company (fictitious name) registered for Norwest Mortgage, Inc. prior to 2000.

    Americas Servicing Company fictitious name utilized by Wells Fargo Home Mortgage Inc. in CA, renamed Norwest Mortgage, Inc. 2000-June 2004 was a general purpose business entity who did business in some states as ‘storefronts’ and connected all of Norwest Corporation’s – Alt-A Land and Title affiliates c/o , servicing divestiture acquired long ago 1985 by GMAC Mortgage Corp of IA.

    March 1996 NASCOR joint venture (GMAC-RFC & Chase) – Norwest Corp acquired largest producer of non-conforming alternative investments and became largest producer of non-conforming Alt-A Loans.

    Wells Fargo Teammates & Alumni Join

    Contact Tamara for:
    getting back in touch
    Send a message to Tamara Swain
    Get introduced through a connection
    0 of your trusted connections can introduce you to someone who knows this person.
    Send InMail
    Viewers of this profile also viewed…
    Michael DeVito
    EVP, Wells Fargo
    Ben Windust
    SVP, Area Operations Manager at Wells…
    Jacqueline Hill
    Executive Vice President at Wells Fargo…
    Mary Coffin
    EVP Loan Servicing at Wells Fargo Home…
    Christiaan Lidstrom
    Senior Vice-President at Wells Fargo
    Alton Porter
    SVP, Wells Fargo
    Bill Merrill
    Senior Vice President at Wells Fargo
    Nancy Brennan
    SVP at Wells Fargo
    Pat Hellman
    SVP, Servicing Operations, Servicing…
    Patrick. Carey
    Senior Vice President at Wells Fargo…

    American Land Title Association – ALTAWhat Does American Land Title Association – ALTA Mean?
    A trade association representing the title insurance industry. Founded in 1907, the American Land Title Association also focuses on a property’s abstract of title, which ties the history of the title to a particular piece of real estate. The organization seeks to improve industry oversight and to protect consumers. Investopedia explains American Land Title Association – ALTA

    Members of the ALTA agree to a code of conduct that outlines ethical business practices, including operating in a legal and compliant manner that is fair to the consumer. The Land Title Institute (LTI), a subsidiary of ALTA, offers educational training in the industry.

    ALL OF THE LOANS WERE SOLD AS ‘ALT-A’ LOANS C/O NON-DEPOSIT TRUST CO NONMEMBER INSTITUTIONAL INVESTORS’ BANK OWNER OF MORTGAGE BACKED NOTES

    C/O THE LARGEST PRODUCERS OF NON-CONFORMING FINANCIAL PRODUCTS ‘NASCRO’ 1996 ‘GMAC – CHASE – NORWEST)

    Alt-AWhat Does Alt-A Mean?
    A classification of mortgages where the risk profile falls between prime and subprime. The borrowers behind these mortgages will typically have clean credit histories, but the mortgage itself will generally have some issues that increase its risk profile. These issues include higher loan-to-value and debt-to-income ratios or inadequate documentation of the borrower’s income. Investopedia explains Alt-A
    These types of loans are attractive to lenders because the rates are higher than rates on prime classified mortgages, but they are still backed by borrowers with stronger credit ratings than subprime borrowers. However, with the higher rates comes additional risk for lenders because there is a lack of documentation – including limited proof of the borrower’s income.

    WHY CAN’T IOW HAVE ‘ABSTRACT COMPANY’? WHEN NORWEST CORP HAD ABSTRACT COMPANY AND DID DOES BUSINESS IN IOWA!

    NORWEST CORP ENTITIES HANDLED ALL OF THE PASSING OF SUBPRIME LOANS TO AND THROUGH – COMMERCIAL LENDERS AS SELLERS AND PURCHASERS OF MORTGAGE BACKED NOTES C/O INSTITUTIONAL INVESTORS AND INSTITUTIONAL BANKS C/O ‘NASCOR’ PASS THRU AGENCY C/O WELLS FARGO BANK NA RETAIL RESALE OF LOAN SERVICING C/O
    Subprime LoanWhat Does Subprime Loan Mean?
    A type of loan that is offered at a rate above prime to individuals who do not qualify for prime rate loans. Quite often, subprime borrowers are often turned away from traditional lenders because of their low credit ratings or other factors that suggest that they have a reasonable chance of defaulting on the debt repayment. Investopedia explains Subprime Loan

    Subprime loans tend to have a higher interest rate than the prime rate offered on traditional loans. The additional percentage points of interest often translate to tens of thousands of dollars worth of additional interest payments over the life of a longer term loan.

    However, getting a subprime loan could still be a good idea if the loan is meant to pay off a higher interest debt (such as credit card debt) and the borrower has no other means for payment.

    The specific amount of interest charged on a subprime loan is not set in stone. Different lenders may not value a borrower’s risk in the same manner. This means that a subprime loan borrower has an opportunity to save some additional money by shopping around. Filed Under: Banking, Bonds, Fixed Income, Personal FinanceRelated Terms
    Collection Agency
    Credit Rating
    Default
    Front-End Debt-to-Income Ratio – DTI
    NINJA Loan
    No-Ratio Mortgage
    Prime Rate
    Problem Loan
    Subprime
    Subprime Lender

    Subprime LenderWhat Does Subprime Lender Mean?
    A type of lender that specializes in lending to borrowers with a tainted or limited credit history. Subprime lending is more concentrated in a smaller number of large lenders than prime lending. The subprime loan market is more tiered compared to the prime loan market, where terms and rates vary little between borrowers. Investopedia explains Subprime Lender
    Subprime lenders use a risk-based pricing system to calculate the terms of loans, including the interest rate, which they offer to borrowers with varying credit histories. The securities issued by subprime lenders tend to carry more credit risk but less interest rate risk than securities backed by prime loans. This is because subprime borrowers tend to have a shorter time horizon and fewer opportunities to refinance when interest rates fall.

    WHAT YOU WERE SOLD BY ‘WELLS FARGO BANK NA’ TOGETHER THEY PROMISED ‘WELL GO FAR – THEY DID NOT MEAN YOU THEY MEANT ALL OF THE BUSINESS WITH THEM AS SMALL BUSINESS OWNERS WHO INVESTED INTO THEIR INTEGRATED NETWOK AS ‘BROKERS’ APPRAISERS’ ‘LENDERS’ WHETHER ORIGINATON O RSERVICING PERFORMING OR NON-PERFORMING LOANS – TOGETHER WE’LL GO FAR’ COLLECTING MONEY WE DONT DESERVE WHEN WE TAKE PROPERTY CREDITOR SIGNED HANDS OFF 90 DAYS SO THEY WOULD HAVE CLEAN HANDS.

    HOW MANY OF YOU SOLD A ‘SECOND CHANCE LOAN’ BY WELLS FARGO BANK NA ‘AGENTS’ ‘BROKERS’ DEALERS ‘DISTRIBUTORS NATIONWIDE:

    Second Chance LoanWhat Does Second Chance Loan Mean?
    A type of loan associated with subprime lending and borrowers with a tainted credit history. Second chance loans offer a borrower a chance to rebuild their credit history. Although subprime loans might have a typical term-to-maturity (30 years of a mortgage), they are usually intended to be short-term financing vehicles that allow the borrower to repair their credit history to the point where they can refinance into more favorable loan terms. Borrowers must compensate the lender for taking on more risk in lending to them by paying a higher interest rate, thus the incentive for the borrower to refinance as soon as they are able. Investopedia explains Second Chance Loan
    While second chance loans can be of great benefit to borrowers with a tainted credit history, borrowers need to fully understand the risks of such loans. Since many of these loans are intended to be short-term financing vehicles only. They might carry a substantial risk of payment shock if the loan is no able to be refinanced within a borrower’s intended time horizon. Borrowers need to identify and understand the risks associated second chance loans such as a 3/28 ARM

    real REAL CREDITOR ‘OWNER OF MORTGAGE BACKED NOTES’ FREDDIE MAC/FANNIE MAE WIPED HANDS CLEAN 90 DAYS – LOANS ARE PERFORMING SO THEIR HANDS CLEAN AND ‘LOAN TRUST’ NOW PROPRIEATRY SINCE 2010 SO OCC CAN PREVENT PROPRIETARY INFO ‘DETAILS’ SUBSTANTIVE OMISSIONS OF MATERIAL FACTS IN THE TAKING POSSESSION OF PROPERTY BY DECEPTIVE ACTS

  23. Information too hard for ‘professionals’ to understand?

    ‘Debt Collector as Nominee c/o Assigns and Successors’

    Tempoary Lender ‘mule’ who passes cash c/o Institutional Investors Underwriters’ Bank, Non-Depository Trust Company Non-Member who ‘purchases’ mortgage backed note and gives cash to ‘Master Servicer’ NASCOR dba Wells Fargo Asset Securities Corp (90 Days prior to placing ‘loan being serviced’ by Mortgage Servicers Affiliates c/o Wells Fargo Bank NA for Temporay Lender.

    Consumer as borrower (1) signature with closing bank agent c/o somebody notary who secured borrowers signature who signed promise to pay debt to anybody who would claim the debt is related to DEED OF TRUST.

    Tempoary Lender may have sold loan servicing rights and purchased mortgage-backed note and be the creditor c/o debt collector’s Nominee assigns and/or successors

    Who is the ‘CREDITOR’ who owns the ‘mortgage backed note’?

    Chain of Title (A) Non-Deposit Trust Company Non Members’ Institutional investors Bank (undisclosed third party) who paid cash to ‘seller’ of loan.

    During (A) Deal -Institutional Investor purchased ‘loan 0123456789’ mortgage backed note paying cash and resold servicing rights to Mortgage Servicer consumer paid monthly payments due. That person they pay monthly payments due can change and is only a nominee assigns and or successors until CREDITORY an unnamed third party is paid back.

    Who is that mased ‘Creditor’ ? They did pay cash to Temporaray Lender, cash that passed thru NASCOR dba Wells Fargo Asset SEcurities Corp – tracked in CTS-Link.

  24. NASCOR 1996 largest producer of non-conforming alternate investments and Alt-A Loans

    Owners include Norwest Corporation, GMAC Mortgage Corp Company, Chase Manhattan Corporation.

    Norwest Corporation a bank holding company in the Federal Reserve System reports March 1996, NASCOR dba Wells FArgo Asset SEcurities Corp today

    Money flows from subsidiaries and joint ventures of mortgage servicers c/o National banks while OCC c/o Federal reserve allow ‘cash’ to be passed by purchasers of mortgage-backed notes during Origination to be Non-Deposit Trust Company Non-Member of Deutsche Bank Trust Americas Co c/o Deutsche Bank Trust Company of New Jersey LTD a Non-Deposit Trust COmpany draws cash for ‘Loan# 0123456789, c/o Mortgage Servicers’ Seller as Depositor accepts cash ‘prefunding’ for Loan forward sold, and the borrower is attached via the Loan# 0123456789 c/o Mortgage Servicers’ Tempoary Lender who will track the RETAIL PERFORMING Loan payments Loan 0123456789 which will become attached to a loan trust c/o Institutional Investors/Banks Mortgage Servicers dba Master Servicers, Servicers, Subservicers.

    Non conforming producer means all Alternative Investments of ‘sub-primie lenders’ who purchase loans in secondary market.

    Meanwhile poor borrower does not know when purchasing mortgage ‘cash’ the party purchasing will own the mortgage backed note and be an unnamed party in the deal in order that the consumer may not reveal with evidence any harms in the taking of possession of property through deceptive acts – larceny.

  25. The homeowners forced in court admits the loan exists (a mistake), that the lien is exists and was properly filed and executed (a mistake) and admits didn’t make payments — admitting something each doesn’t even know is true — that there were payments due and he didn’t make them, which by definition puts him in default.

    It’s not true that the homeowner would even know if the payment is due because the banks refuse to provide any accounting on the third party payments from bailout, insurance CDS, and credit enhancement.

  26. Read Neil’s Keep It Simple Stupid he is telling you the truth! If you are in court, the enemy will make sure its not the right time to ‘object’.

    I’ve watched a close friend in IL whose ‘attorney’ for 18 months followed COTA.

    A game, of chess masters.

    The defense attorney representing consumer always said its not time to object.

    For when you object you have to have evidence for there is an action to the objection that Aurora Loan Services is not the note holder in due course, and there is only faith when the judge seeks COTA and the Plaintiff claims the defendnats are abusing the system for the Plaintiff has no more DISCOVERY and the Defendants are asking for documents they don’t have. This family may have lost their 3 year battle because the attorney is negligent did not alert clients the plaintiff closed discovery and Judge issues warning to Plaintiff this is last warning when you come back to court in 30 days I want the COTA. Civil procedures used to force Defendants to file the Motion to Dismiss and that forces the burden of proof with evidence that Plaintiff files motion borrowers don’t get to see in which 2 months ago they closed discovery and attorney did not file some form that would have allowed defendants to file additional evidence they were told they will get after the ruling of the Motion to Dismiss always was not the right time to object, and always not the right time to bring up the falsified notes, rob-signed documents, always not the right time to secure copy of the cashiers check in which the Non-Deposit Trust COmpany NonMEMBER purchased the mortgage backed note for the Loan and passed cash c/o Mortgage Servicer’s Seller deposit company.

  27. Example:
    Premier Asset Services PASREO – subservicer for Mortgage Servicer ‘Wells FArgo Home Mortgage’ a div of Wells FArgo Bank NA, all REO Lender, REO Appraiser, REO Purchaser of property, REO title agency insuring Lenders Policies, are individuals who act c/o Wells FArgo Bank NA, have a ‘credit line’ with Wells FArgo Bank NA and are considered an affiliate of Wells FArgo Bank NA. They don’t have to use the credit line to purchase the REO PROPERTY but they need the approved credit line as a ‘Servicer’ ‘vendor’ ‘subservicer’ in order that Wells Fargo Bank NA name may be affixed to the default transactions and none of the transactions subject to enfocement of laws broken.

    For example in Maryland this very day is a lovely woman whose husband accepted during appeal an offer by Wells FArgo Bank NA to buy property for $10K. That’s right you heard me. The woman is articulate and without counsel she found the attorney was benefitting from transactions with REO Broker. With no where to turn she added to sales contract c/o Glover Real Estate Agency in Maryland disclaimer that SELLER would not come after defidicency. the Sales Congtract states the SELLER will not come back after the deficience and also added disclaimer that Wells Fargo Bank NA will have nothing to do wtih the Sale once consumated.

    PASREO Brokers c/o Wells Fargo bank NA all over the country purchase REO proeprties c/o REO TEMPORARY LENDERS who act c/o Mortgage Servicers.

    The Seller of the Loan, Wells FArgo Bank NA c/o Premier Asset Services approved the sale of the loan debt and the REO Brokers done and paid file new DEED OF TRUST and say the next day they will come after the deficience. The BUYER – Purchaser was not excluded from coming after the deficiency and the check endorsed in blank for $12K c/o REO Broker a real estate agent – guess what – Nothing State Attorney General can do about that!

  28. Example:
    Premier Asset Services PASREO – subservicer for Mortgage Servicer ‘Wells FArgo Home Mortgage’ a div of Wells FArgo Bank NA, all REO Lender, REO Appraiser, REO Purchaser of property, REO title agency insuring Lenders Policies, are individuals who act c/o Wells FArgo Bank NA, have a ‘credit line’ with Wells FArgo Bank NA and are considered an affiliate of Wells FArgo Bank NA. They don’t have to use the credit line to purchase the REO PROPERTY but they need the approved credit line as a ‘Servicer’ ‘vendor’ ‘subservicer’ in order that Wells Fargo Bank NA name may be affixed to the default transactions and none of the transactions subject to enfocement of laws broken.

    For example in Maryland this very day is a lovely woman whose husband accepted during appeal an offer by Wells FArgo Bank NA to buy property for $10K. That’s right you heard me. The woman is articulate and without counsel she found the attorney was benefitting from transactions with REO Broker. With no where to turn she added to sales contract c/o Glover Real Estate Agency in Maryland disclaimer that SELLER would not come after defidicency. the Sales Congtract states the SELLER will not come back after the deficience and also added disclaimer that Wells Fargo Bank NA will have nothing to do wtih the Sale once consumated.

    PASREO Brokers c/o Wells Fargo bank NA all over the country purchase REO proeprties c/o REO TEMPORARY LENDERS who act c/o Mortgage Servicers.

    The Seller of the Loan, Wells FArgo Bank NA c/o Premier Asset Services approved the sale of the loan debt and the REO Brokers done and paid file new DEED OF TRUST and say the next day they will come after the deficience. The BUYER – Purchaser was not excluded from coming after the deficiency and the check endorsed in blank for $12K c/o REO Broker a real estate agent – guess what – Nothing State Attorney General can do about that!

  29. […] 28 Aug MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Submitted on 2011/08/24 at 9:08 pm 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/20 … Read More […]

  30. Mr. Soliman I’m not stock bashing.

    Whats this all about and why are you nervous. Why are you making a public declartion of your private business? Is there a conflict of interest here and why did you specify you have none of the stocks listed? I did not list any stocks.

    FFIEC 1996 database is federal reserve system repository in which one may review money flow to/from Parent Norwest Corp to subsidiaries, affiliates, etc. Norwest Asset Securities Corp as a joint venture, 1996 did include some of Chase Mortgage Corp and GMAC-RFC.

  31. Shelly the visitorial powers of OCC are abusive preventing enforcement of consumer protection laws. You may be referring to Gram Leach Blilty Act.

    The problem is all Mortgage Servicers affiliates considered to be national associations – could be an idividual REO contractor who drives by and charges $25 to servicer and servicer doubles or tripples fee adding to foreclosuer servicing costs. The ‘Servicer’ you deal with is not the sub-servicer given the loan to foreclose upon c/o REO Lender.

    This is a mess leaving us all with no where to secure help and face Plaintiff having filed falsified documents to coverup they are not the not holder in due course.

  32. Our attorney General turned me to the OCC for help with my mod fraud. I knew it was futile but I sent them my proof and got nothing but Chase said they have complied. And I have not. WOW! So I sent another with a lot more information. But I will still get the same I am sure. Is the OCC the people guilty in my thinking that passed a llaw about ten years ago to block all the regulators from being able to regulate. The law that was passed is in a 650 page report and I need to re read it and tab it to tell you which law that was. I untabbed everything to copy it for our Senator who has never read the senate report.

  33. If serious to learn how to use ffiec send email c/o Neil Garfield

    Send requests c/o neilfgarfield @ hotmail . com (take out spaces)who will forward your email request to me. Please include your phone# and I’ll call you back. You’ll need to be able to access on Google the ffiec gov database.

  34. I’ll be happy to explain to you and anyone else how to read the very important federal reserve system’s public database ffiec . gov. which reveals how curreny moves from / to Parent.
    I’m not stock bashing, I’m sharing information — important information and praying experts will stop ignoring the big elephant in the room and actually what did harm the economy. No mystery here who, what, when, where, why, how.

    FFIEC . GOV 1996
    Parent Norwest Corporation
    Nowest Asset Securities Corp “NASCOR” business entity ownered by Norwest Corporation and jjoint venture of Norwest Corp & GMAC-RFC & Chase Manhattan Corporation whose owners all are beneficiaries of ‘NASCOR’ Mortgage Servicer ‘cash’ deposits.

    I’m not a lawyer, and I don’t know legal things even if I think I do I don’t. I’m not a blogger, a profession paid for their expertise. I’m just a consumer researching loopholes which harmed our economy, our families and our nation. The OCC preventing enforcment of Consumer Proections laws forces us to become educated. We no longe rmay trust our government. Our authorities in the House of Representatives and Senate led us here to the place we are most vulnerable, unsafe in life and property, subject to unlawful seizure of real property and now with the modifiction shams attach to personal and real property.

    How currency moves between Parent and its ‘subsidiaries’ as reported to the Federal Reserve Sytem is what the ffiec . gov database reveals, by date, by parent, by institution, identifying the characteristics’ (charters), history, name changes, acquistions, etc.

    OCC visitorial powers prevent enforcment of consumer protection laws period. Aboloship consumer protection laws which don’t protect consumers in all transactions related to UCC, Mortgages, and ‘commerce’. The majority of ‘loans’ possession of real property taken through deceptive acts in a larcenous manner executed by employees of Mortgage Servicers and their affilaites. Are we suppose to be safe in life and property, able to live in pursuit of happiness, and if sold defective products by a manufacturer to have recourse? YES. HOWEVER, not ever related to Mortgage Servicers. BIG WARNING LABEL ‘DANGEROUS TO YOUR HEALTH SHOULD BE AFFIXED TO ALL MORTGAGE TRANSACTIONS.

    There are laws and regulations regarding business entity and charter of instituion, and UCC Financing Statements, UCC Alternate Financing Statements (SEE IOWA and all of the ‘Alternate’ Financiing Statements) and find the most accurate information about business inside SEC 10K history Annual Reports,8K Current Reports, Registration Statements S-3 and S-3/A Amendments. Articles of Incorporation, Amendments, Standing as business entity, joint ventures, contracts, Trade names, UCC Financiing and Alternate FInancing Statements, copies of certificate of incorporations, amendments, ffiec, list of major subsidiaries, affiliates via joint ventures, subscribers of integrate dnetworks like MERS, TD Services, eLynx, FNF, LPS, DOCX, list of non-bank affiliates, and affiliates appraisers, REO Contractors, title companies, insurance companies, real estate brokers, mortgage origiantors, notary services, for all affilaites and non-bank affiliates of Mortgage Services are blessed by OCC and treated as national banks in all matters related to “mortgage servicing.’ This is huge. Mortgage brokers able to resell loans approved by Underwriters in private hard cash money lender deals. Loan modifications presented as new mortgages are nothing more than a scam to attach deficiency, etc.

    If consumers had copies of all the accurate business statemetns which are withheld with intent starting with the purchaser of the mortgage-backed note, transfer of cash, for Loan c/o Institutional Investors/banks. Why do I have a copy of the real and yet mysterious cashier’s check from which I have an understanding Mr. Soliman rated as spot on in which the Owner of the mortgage backed note purchasers’ Non-Deposit Trust Company Non-Member indeed paid cash c/o bank closing agent individual in the state the property is located c/o Seller of Loan’s Institutional Bank/Investors’ Domestic Entity Other depository — Norwest Asset Securities Corp and but for the good reason there are 25,837 transactions related to Wells FArgo Bank NA during Origiantion and 25,837 GMAC during foreclosures.

    If you had a copy you’d understand and know who the mortgage backed owner of the Loan is related to which Institutional Underwriter/Master Servicer. and would not have to waste the valuable time of the court who is spat upon daily by the robo-law firm debt collectors who file falsified documents over the cloud servicing sub-servicers back offices who handle ‘defaults’ and handle business for servicers c/o brand name

    If truth in lending was ture and even real, consumer’s would receive a copy of all documents related to Mortgage Servicer RETAIL transactions and a RED WARNING CLEARLY DISCLOSING
    MORTGAGE PROMISSORY NOTES AND MORTGAGE SERVICERS ARE DANGEROUS TO YOUR HEALTH, FAMILY’S SAFETY, AND YOU WILL BE SUBJECT TO UNLAWFUL SEIZURE OF REAL AND PERSONAL PROPERTY.

    If the transactions were legal all consumers could get a copy of the transactions from the bank’s closing agent, aka closing settlement agent. Did you get a copy of the Purchaser’s Agreement, Sellers Agreement ?

    Throughout the USA, individual bank closing agents/settlement agents receive cash, and documents connect borrower via loan number with purchaser of mortgage backed note and seller.of loan.

    Why don’t you have a copy of the real documents? The owner purchased the mortgage note prior to you signing with a Nominee.
    who was already sold the servicing rights at RETAIL.

    Why does the Closing AGent of the Bank get to withhold copies of documents from consumer?

    Why are the Closing Instructions secret? Who was the beneficiary of the loan? You are not suppose to know the loans were sold at a discount, or the prior loan was forced into a false default and repurchased as an REO property.

    Closing Disbursement instructions are real and require loan# to appear on all documents in order to be acceptable to NASCOR,.

    Should be have a copy of the Mortgage Servicer’s emails instructing title agents who to issue title commitment policies in the Lender’s name of and amount?

    Why do we pay for commitment and lenders policy and not get a copy?

    Why can robo-law firms act as agent for subservicer GMAC Mortgage and file claims and the borrower not be copies?

    Title Commitment insures Tempoary Lenders’ sub-servicers during default c/o robo-law firms.

    Mortgages affixed with a MIN# recorded with county clerks ‘Lenders’ Insurance’ may also be noted in Amendments , etc.

    MIN # affixed to mortgages filed with county clerk / recorders will have Lenders Insurance policies protecting Tempoary Lender named on Mortgage.

    March 1996, a joint venture that changed the face of the REAL ESTATE INDUSTRY looms larger than life in our face every day over past decade.

    Institutional investors/banks non-conforming alternative investments and Alt-A loans passed through the largest producer of non-conforming financial products “NASCOR” Norwest Asset Securities Corp facilitating sub-prime lending cash of CALPERS taken to lend money to Institutional Banks such as: Norwest Corp, GMAC-RFC, Chase Manhattan Mortgage Corp c/o NASCOR dba Wells FArgo ASset Securities Corp

    Insurance, Title & Settlements, Real Estate, Banking, iintegrated networks engage in global communications via X.400, SMTP, etc,m over the CLOUD, peer to peer, private networks and 1997 TD Services, allowed Lawyers Title Corp, Commonwealth, Institutional Investors/Banks, bank attorney’s, title & settlement agents, title commitments, LandAmerica Financial Group, part of the ‘cloud’ eLynx, MERS, LPS, DOCX, TD Services Financial, FIS, Fidelity National to act as affilaites of Mortgage Servicers and conduct businesses with privilegs of national associations and visitorial powers of OCC withheld substantive omissions of material facts from RETAIL consumers.

    10K405 documents in 1997 reveal since 1934 how attorneys, local agents, brokers, dealers, affiliates of Title Corporations’ title plants became embroiled in harm to economy 1997-2007.

    Only through massive collusion and collaboration could the TITLE PLANTS who purchase public ‘accurate’ information embed title defects and ‘insure’ defects remain hidden for more than a decade.
    OLD REPUBLIC TITLE COMPANY Parent Old Republic International disclaimer REO properties will not be insured against title defects.

    2007 10K reveals Plan of Merger by and among LandAmerica Financial Group, Inc. and CTG Acquisition Corp. and Capital Title Group, Inc. dated March 28, 2007

    8K Item 1.01 ‘Entry into a Material Definitive Agreement’ 12/21/2008
    Item 1.01 Entry into a Material Definitive Agreement.; Exhibit 2.1 ‘Purchase Agreement” source: http : // www . secinfo . com / dUyJm . tDs . d . htm

    ‘Stock Purchase Agreement
    Fidelity National Title Insurance
    Chicago Title Insurance
    and
    LandAmerica Financial Group
    “Confidentiality Agreement” means that certain letter agreement dated October 27, 2008, between Seller and FNF.

    Source of paragraphs below: http : // www . secinfo . com / dUyJm . tDs . htm

    On December 21, 2008, LandAmerica Financial Group, Inc. (“LandAmerica”), Fidelity National Title Insurance Company, (“FNTIC”), and Chicago Title Insurance Company (“Chicago”) further amended and restated that certain Stock Purchase Agreement, dated as of November 25, 2008 and initially amended and restated on December 12, 2008, among LandAmerica, Fidelity and Chicago (as further amended and restated, the “Purchase Agreement”). Under the revised terms, FNTIC and Fidelity National Financial, Inc. (“FNF”) agreed to acquire the capital stock of Lawyers Title Insurance Company (“LTIC”) from LandAmerica and Chicago agreed to acquire the capital stock of Commonwealth Land Title Insurance Company (“CLTIC”) from LandAmerica, for an aggregate purchase price equal to the sum of (A) $134,762,521, (B) a number of shares of FNF common stock equal to $50,000,000 divided by the greater of $14 and the closing price of FNF common stock on the New York Stock Exchange for the trading day prior to the closing date, and (C) a subordinated promissory note issued by Fidelity in an initial principal amount equal to $50,000,000 (the “FNF Note”) (the “CLTIC and LTIC Sale”). In addition, FNTIC agreed to acquire the capital stock of United Capital Title Insurance Company (“United”) from an indirect subsidiary of LandAmerica for a purchase price equal to a statutory measure of the net worth of United as of the closing (the “United Sale” and together with the CLTIC and LTIC Sale, the “Sale”).

    Among other things, and in addition to the revised purchase consideration terms described above, the further amendments to the Purchase Agreement provide for the following changes: (A) at or after the Closing, FNTIC, Chicago and FNF will capitalize CLTIC, LTIC and United with at least $204 million in the aggregate of new consideration and to the extent CLTIC and LTIC are capitalized with less than $204 million, FNTIC, Chicago and FNF will pay LandAmerica the shortfall amount; (B) the Purchase Agreement no longer provides for indemnification except for tax matters or for the survival of pre-closing covenants or representations and warranties other than tax representations; and (C) the closing conditions, and related termination provisions, under the Purchase Agreement were revised, among other things, to eliminate matters relating to the accuracy of the representations and warranties or the covenants and agreements of LandAmerica.

    …In particular, the assertions embodied in the representations, warranties and covenants contained in the Purchase Agreement are qualified by information in confidential disclosure schedules provided by LandAmerica, on the one hand, and FNTIC and Chicago, on the other hand, to each other in connection with the signing of the Purchase Agreement. These disclosure schedules contain information that modified, qualified and creates exceptions to the representations, warranties and covenants set forth in the Purchase Agreement. Moreover, certain representations, warranties and covenants in the Purchase Agreement were used for the purpose of allocating risk between LandAmerica, on the one hand, and FNTIC and Chicago, on the other hand, rather than establishing matters as facts. Accordingly, you should not rely on the representations, warranties and covenants in the Purchase Agreement as characterizations of the actual state of facts about LandAmerica, FNTIC and Chicago or their respective businesses or operations. In addition, a copy of the FNF Note executed and delivered by FNF upon the consummation of the Sale on December 22, 2008, as described in Item 2.01, is attached as Exhibit 10.1 hereto and is incorporated herein by reference.

    Subsidiaries Laywer TItle Corp & LandAmerica Financial and Captial

    LAWYERS TITLE CORPORATION (IRS 54-158961) – Registrant
    ‘S3′ and ‘S3/A’ Forms:

    Lawyers Title Corporation, 6630 West Broad Street,
    Richmond, Virginia 23230
    TAKINGS OF Cash & Deposits & Securities & Stocks (Acquisitions/Mergers
    Upon the consummation of such Acquisition, the Company will become the largest title insurer in the United States based on pro forma 1996 title operating revenues (premiums and title search, escrow and other fees) of over $1.3 billion.

    S3 & S3A: 1/8/98, 2/3/98, 2/12/98, 2/24/98, 2/27/98, 2/27/98, 9/20/02, 2/23/04, 5/20/04, 5/26/04, 5/28/04, 8/6/04, 11/3/04, 4/6/05

    CREDIT AGREEMENT WITH ‘BANK OF AMERICA’ SYNDICATE OF 11 OTHER BANKS ‘CREDIT FACILITY’ LOAN ‘PAYMENT TO ‘RIC’
    ‘CREDIT FACILITY’ 5-YEAR SENIOR UNSECURED REVOLING CREDIT FACILITY WHICH WILL TERMINATE WITH ALL OUTSTANDING AMOUNTS BEING DUE AND PAYABLE 11/7/2002, UNLESS EXTENDED, THE ‘CREDIT FACILITY’ WILL BE EXTENDED …The aggregate Credit Facility commitment shall be reduced by 100% of the net cash proceeds from the issuance of debt or 75% of the net cash proceeds from the issuance of any equity (excluding any equity issuances related to the Acquisition(http://www.secinfo.com/drV5e.759.htm

    1998 (UNDERWRITERS) of ‘S3′ ‘S3/A’ http://www.secinfo.com/drV5e.75f.d.htm#1stPage
    #1 of 4 Underwriters
    As Itself, and as representatives of the several Underwriters named in Schedule I c/o Donaldson, Lufkin & Jenrette Securities Corp, 277 Park Ave, New York NY 10172. (DLJ Capital Corp does business ABS with SASCO, CMMC, Prudential Securities (see Wheat First Butcher SInger… 2003)

    #2 Furman Selz (joining ING nascent investment business) (ING Furman Selz Asset Management ramping up alternatives business targeting institutional investors 2002); 2011 Furman Selz Capital Management LLC …

    #3 Wheat First Butcher SInger (In August 1997, the privately held Wheat First Butcher Singer agreed to be acquired by Charlotte, North Carolina-based First Union bank; brokerage firm changed name to Wheat First Union. 4/99 First Union acquired Chicago-based investment bank and brokerage Evergreen Capital Corp. Prior History Wachovia Securities predecessor companies 1934
    investment firm of J.C. Wheat & Co. Wheat fostered growth through mergers, including the 1971 merger with First Securities that created Wheat First Securities, Inc. and the 1988 merger with Butcher & Singer, a successful Philadelphia-based securities firm established in 1910; the firm then became known as Wheat First Butcher Singer.

    #4 Ferris, Baker Watts Incorporated.

    The net proceeds of this offering (the “Offering”) to the Company will
    be used to fund part of the cash portion of the consideration for the pending
    acquisition (the “Acquisition”) by the Company of Commonwealth Land Title Insurance Company and Transaction Title Insurance Company (collectively referred to as “Commonwealth/Transaction”) from Reliance Insurance Company (“RIC”), a subsidiary of Reliance Group Holdings, Inc. Consummation of the Acquisition is a condition to the consummation of the Offering. See “The Acquisition” and “Use of Proceeds.”

    Principal operating subsidiary, Lawyers Title, is one of the largest companies in the United States issuing title insurance policies and performing other real estate-related services for both residential and commercial real estate transactions, based on premium and fee revenues. In addition to title coverage, Lawyers Title provides search, examination, escrow and closing services to a broad-based customer group that includes lenders, developers, real estate brokers, attorneys and home buyers. The Company has a strong presence in the residential real estate market and is a premier provider of title insurance for commercial transaction

    January 7, 1998, the locations of the direct operations and national sales offices of both Lawyers Title and Commonwealth/Transaction, excluding offices of independent agents and approved attorneys this map assumes consummation of the ‘Acquisition.’

    Upon consummation of the Acquisition, Lawyers Title Corporation, the Company will own, directly or indirectly, all of the shares of capital stock of certain title insurance companies domiciled or deemed commercially domiciled in the states of Alabama, Arizona, California, Florida, Maryland, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Texas and Virginia. The insurance laws of such states require prior approval by their respective state insurance regulatory officials of any acquisition of control of a domestic (or commercially domiciled) insurance company or any company which controls a domestic (or commercially domiciled) insurance company. “Control” is generally presumed to exist through the ownership, direct or indirect, or the holding of proxies with respect to 10% (5% in Alabama and Florida) or more of the voting securities of an insurance company or of any company which controls an insurance company.
    http : // www . secinfo . com / dUyJm . 7e.htm
    Create your trial free account on http : // www . secinfo . com )
    Create Account
    Login
    paste URL above

    SCHEDULE II
    PRINCIPAL SUBSIDIARIES OF LAWYERS TITLE CORPORATION

    Lawyers Title Insurance Corporation
    American Title Group, Inc.
    Title Insurance Company of America
    Oregon Title Insurance Company
    Land Title Insurance Company
    The Title Guarantee & Trust Company
    Charter Title Company
    Lawyers Title Company (f/n/a Continental Lawyers Title Co.)

    SCHEDULE III
    PRINCIPAL SUBSIDIARIES OF COMMONWEALTH LAND TITLE INSURANCE
    COMPANY AND TRANSNATION TITLE INSURANCE COMPANY

    Commonwealth Land Title Company
    District-Realty Title Insurance Corporation
    Industrial Valley Title Insurance Company
    Commonwealth Land Title Insurance Company of New Jersey
    Transaction Title Insurance Company of New York

    Subsidiaries of Landamerica Financial Group Inc. 1997 link

    Wender Herbert – Signatory:
    Landamerica Financial Group INc. formerly Lawyers Title Corp
    Radian Group Capital Trust I
    Radian Group Capital Trust II
    Radian Group Inc (formerly CMMC Investment Corp)

  35. Fidelity National Insurance is on most of the paperwork I have seen of friends and relatives and business customers whom show me their docs. to try to put two and two together and CT corporation was the one common place to have to send all our info, whether BOA, RECONTRUST, OR CHASE OR DEUTSCHE. I would like to know how to apply this also. We are in the Seattle Washington area. Thanks a Bunch. Shelley

  36. Point is about relationships — and Lender Processing Services Inc., Fidelity National Financial Inc., CT Corporation System, and DocX. — are at the head of the class.

    Now — can anyone here even guess where supposed collection rights — to non-existent mortgage — actually lies??

    Who is the head of class actually operating for???

    Glad you are finally supporting this — Neil.

  37. I truly wish I could see how or what I could utilize this data – not sure of how to use the “Drew Data” – is there something I am missing – am I supposed to see parties related in all this data – please let me know Nancy – you’re doing a lot of work and it is well appreciated and I’d love to take the work you do and apply – just not sure in basic terms how all this data can be used in the overall scheme of things – please clarify, thanks!

  38. Enraged,

    I just discovered that site a few days ago but I don’t get it. I asked 2 questions and no one answered. Most of the people who write speak in some kind of “code” and jargon they only understand (and I’m nor even sure…) and it looks like everybody is only there to show off his science. To top it off, people here are very clanish. There seems to be a lot of BS being spread around and now that! What the hell does that mean?

    Al least, Mandelman teaches me something of value. I don’t think I’m going to waste my time with this site any longer.

  39. @foreclosureinfosearch,

    WHAT IN THE WORD ARE YOU SPEAKING OF AS WELL? Good grief make a “point” that goes SOMEWHERE!

  40. Alright ….you just publicly listed every accredited investor you could find pursuant to …what? No I mean why…………………..High net worth entities and common capital investors are ….where , what ……why?

    Now can we see all the NYSE investors from 1893 to 195…..????Seriously Stock bashing in a active market is prison time…No fooling!

    expert.witness is not an affiliate of any investment funds or capital sources and has no direct or indirect investment otherwise any holdings over the last 12 months in any publicly traded entities herein or mentioned to date.

  41. NANCY,

    PLEASE EXPAIN “WHAT THIS MEANS” WHAT IS THE POINT HERE? PUT THIS INTO A MEANINGFULL PERSPECTIVE FOR ALL OF US TO UNDERSTAND.

    POSTING THIS MATERIAL IS MEANINGLESS WITHOUT THE DIRECTION OR THE “ROAD MAP” TO THE POINT YOU ARE MAKING…..”WHAT IS IT”?

Leave a Reply

%d bloggers like this: