Nancy Drew Digs Into Wells Fargo -Maiden Lane, FDIC, FHLA

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Editor’s Note: If you are serious about litigation, truth, justice and the American way, then you should be reading Nancy Drewe’s posts very carefully. These are the tracks that will enable you enable to track the money. Tracking the money means tracking the actual transactions — regardless of what the documents say.

A document that says the borrower took a loan from Wells Fargo is either telling the truth or lying. If it’s lying then the note and mortgage are defective and violate Federal and state lending laws. If the real lender is discovered, and if the real lender was actually known by someone in the chain of command in the chain of planned securitization, they violated the law — but more importantly they deprived the borrower of knowing the exorbitant fees being charged to close the loan.

Those fees would have alerted all but the most unsophisticated that something was wrong. Those borrowers would not have entered into these transactions.

And those borrowers were denied choice between lenders that were playing by the rules and “lenders” who weren’t lenders at all, who were intentionally inflated appraised value of the property, just to satisfy their own greed, without any risk of loss on anyone but the investor creditor and the homeowner borrower. That choice is the whole point of the the TILA required disclosures. They are important and violation carries a giant bite in direct penalties and remedies under TILA as well as mail fraud, RICO and common law fraud.

1995 FOOTHILL MERGER DBA NORWEST CORP (SIGNIFICANT)
Subsidiary Norwest Corp Pinnacle relations with Government …
Norwest

Foothill Capital Corp (1558478) Los Angeles CA-Finance Company
Rels Title Services, LLC 2724038 Des Moines Iowa flows to Foothill.

Directors Asset Conduit Corporation acquired
Norwest Asset Acceptance Corp
206 8th St
Des Moines IA 50309
RSSD ID 2608857
Currencies flowed as of 2/23/2004 to and from Wells Fargo Home Mortgage, Inc. while a general purpose business entity.

Norwest Asset Acceptance Corp 2608857
Des Moines Iowa feed directly to
Wells Fargo Home Mortgage, Inc. 1632332 which feeds to from Wells Fargo Bank, National Association (451965) Sioux Falls SD to parent Wells Fargo & Co. 1120754
Wells Fargo Home Mortgage, Inc. merged out of existence May 2004. All employees assumed to be part of a national bank upon merger.

OCC stated that all ‘Mortgage Corporation’ business had to be done inside of Wells Fargo Bank, National Association in letter to John Stumpf May 2003.

07/29/1997 -Established Domestic Entity other:
Directors Asset Conduit Corp
7485 New Horizon Way
Frederick MD
02/25/1998 Renamed
Norwest Asset Acceptance see address above

02/24/2004 acquired by Wells Fargo Securities Corp. (On FFIEC only) Norwest Asset Securities Corp was renamed to Wells Fargo Securities Corp.

KPMG DEFINED ‘WELLS FARGO SECURITIES LLC’ TO BE A PASS-THRU MEANING FEDEAL INCOME TAXES REPORTED ELSEWHERE HELD BILLIONS OF DOLLARS OF ‘WHAT’ CREDIT SWAPS?

Wells Fargo Securities LLC (2983367)
San Francisco CA – Securities Broker/Dealer (a pass through agency) to Wells Fargo Private Client Funding INc. 2971083 San Francisco CA to Violet Asset Management Inc 3051946 Las Vegas NV to Wells Fargo Bank, National Association, Sioux Falls SD 451965 (National Bank) to WFC Holdings Corp 2741679 San Francisco CA – Bank Holding Co to Parent a Financial Holding Company – Wells Fargo & Co. 1120754

REGISTRANT:
IRS# 41-0449260
JURISDICTION DELAWARE
PRIVATE ENTITY AND MEMBER OF SECURITIES & STOCK EXCHANGE ‘SIGNFICANT’ MEMBER ACTUALLY THE LARGEST PRODUCER OF CDO’S IN 2004/2005
Norwest Asset Sec Corp Mort Ps Thr Cert Ser 1998-1 Trust
C/O Norwest Bank Minnesota N A
1100 Broken Land Parkway
Columbai, Maryland 21703

WITH (OVER 25,837 FILINGS STARTING 3/10/1998)

AS INDENTURE TRUSTEE FOR ‘WILMINTON TRUST CO’ …
AS OWNER TRUSTEE FOR WFC HOLDINGS CORP

SIMPLE QUESTION TO ROBERT:
WHAT IS THE ‘REAL NAME’ OF THE SERVICER WHO HANDLES THE STRUCTURED INVESTMENT VEHICLE SETTLEMENT FUNDING AND IS THE SEC PUBLIC SECURITIES ADMINISTRATOR FOR ALL TRANSACTIONS WHERE CASH PASSES TO/FROM THE STRUCTURED INVESTMENT SETTLEMENT FUNDS.

A Structured Investment Vehicle
PUBLIC ‘Entity’ PASSES TO/FROM Private Exchanges with private REIT LLC’s recording distributions of cash exchanges to/from Trustees/Investors.

ROBERT J. KAUKOL SR. COUNSEL & EXPERT 1995 FORWARD
FOOTHILL GROUP DBA NORWEST CORP ‘MERGER’ 1995
robert.j.kaukol@wellsfargo.com (303) 863-2731 Fax (303)863-2750

I spoke to Robert April 2011

SR COUNSEL FOR
Wells Fargo & Co/MN
420 Montgomery St
San Francisco CA 94163

-MAC C7300-126
1740 Broadway
Denver CO 80274

-Robert J. Kaukol
Wells Fargo & Company
1700 Lincoln, Suite 1200
Denver, Colorado 80203
303-863-2731

-James M. Strother
Executive Vice President and General Counsel
Wells Fargo & Company
420 Montgomery Street
San Francisco, California 94163
415-396-1793

2 OWNER RELATIONSHIPS:
Cadwalader Wickersham & Taft LLP ’11,824 SEC Filings 5/3/96 to 12/7/11 Last filing for Norwest Asset Securities Corp
Cadwalader Wickersham & Taft (10/26/93)
100 MAIDEN LANE
New York NY 10038
NO IRS#
SEC CIK 914121

Filings in SEC File 333-21263 —
Wells Fargo Asset Securities Corp
[ formerly Norwest Asset Securities Corp ]
Formerly Assigned On
Norwest Asset Securities Corp 7/17/96
Norwest Asset Securties Corp 6/11/96
7485 New Horizon Way
Frederick, Maryland 21703
JURISDICTION: DELAWARE IRS 52-1972128
2/6/97 2/23/98 333-21263 ’33 S-3, 424B5, S-3/A
1/28/98 10/28/98 333-45021 ’33 S-3, 424B5, S-3/A
10/9/98 12/26/00 333-65481 ’33 S-3, 424B5, S-3/A, 424B3 [ * ] * There were multiple parties involved in these filings.

MAYBE THE ‘ATTORNEY GENERALS’ AND/OR LEGISLATURE WANT TO CALL IN REAL ESTATE LAWYERS – THE SPECIAL KIND – WHO CREATED THE 1% CLASS OF CONSUMER INTO TESTIFY BEFORE THE BANKING, FINANCE, INSURANCE, REAL ESTATE COMMITTES – WHO NEVER SEEM TO BE ‘TOGETHER’ WHEN DEPOSITIONING ‘GUEST SPEAKERS’.

THESE PARTIES KNOW THE ANSWERS TO THE ‘LOOPHOLES’ THEY HELPED DESIGN. LIKE CADWALADER WICHERSHAL & TAFT LLP ABLE TO ‘SELECT’ THE ANNUNITY COMPANY FOR …

NATIONWIDE SALES FORCE SELLS ‘I MEAN’ RESELLS LOANS PURCHASED BY ‘MERCHANT BANKS’ AND INDEPENDENT MORTGAGE BROKERS WHO ARE REAL ESTATE LAWYERS DBA SERVICER ANYBANK NA ‘WELLS FARGO BANK NA’ DBA NORWEST ASSET SECURITIES CORP, OR WELLS FARGO BANK NA DBA NORWEST MORTGAGE, INC.
OR WELLS FARGO BANK NA DBA AMERICA’S SERVICING COMPANY THE FICTITIOUS NAME FOR NORWEST MORTGAGE, INC.

THE ‘SALES FORCE OF EMPLOYEES’ WHO ARE WITHOUT ACCOUNTABILITY TO THE 99% CLASS OF CONSUMER, CONCEAL THAT PROPERTIES ARE SOLD WITH ENCUMBRANCES & RESTRICTIONS TO CLASS OF CONSUMER 99% AND TRANSACTIONS AND LOOPHOLES BENEFIT THE 1% CLASS OF CONSUMERS WHO OWN THE PREFERRED STOCK OF THE PRIVATE REITS LLC & STRUCTURED INVESTMENT SETTLEMENT VEHICLES ‘REMICS’

THE NETWORK OF REAL ESTATE LAWYERS & INDEPENDENT MORTGAGE BROKERS & MERCHANT BANKS DO BUSINESS WITH THE ‘SERVICE’R LARGEST PRODUCER OF NON-CONFORMING PRODUCTS:
‘NASCOR’ NORWEST MORTGAGE, INC. & MORSERV INC. CONDUITS REALLY DO AS ‘SERVICER’ OF SECURITIES INVESTMENTS BOOKED.

ROBERT, AS SR. COUNSEL, DOES UNDERSTAND HOW IMPORTANT A VERBAL AGREEMENT WITH ME PROMISING TO CALL ME WHEN HE GOT THE ANSWER.

Robert has not replied as he promised.
Does Robert really not know the answer to the question?
While Robert and Apollo regroup ….

WHO & What SHOULD THE LEGAL ENTITY NAME ACTUALLY BE FOR THE FILING AGENT WHO PASSES CASH OVER PUBLIC EXCHANNE TO PRIVATE EXCHANGES TRUSTEES’ AND INVESTORS’ FOR EACH PUBLIC ‘REMIC’ RECORDING CASH PASSED TO/FROM EXCHANGE RELATED TO ‘TITLE’ TRANSACTIONS NOT RECORDED IN THE PUBLIC DOMAIN.

SIV – STRUCTURED INVESTMENT SETTLEMENT VEHICLE – PASS-THRU AGENCY FUNDS

‘MORSERV INC’ DBA CHASE MANHATTAN RESIDENTIAL CONDUIT ORGANIZED AS A EXCHANGE (MERS) WHERE HOLDING COMPANY ‘CHASE MANHATTAN MORTGAGE’ AND ‘MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. 1997-1998 RSSD ID:

BUT THEY WORD IN TANDEM WITH
NORWEST MORTGAGE INC. CONDUIT THE ‘SERVICER’ AS AN ENTIY

STEPHEN MORRISON ESQ. SOLE INCORPORATOR
NORWEST ASSET SECURITIES CORP ‘NASCOR’

NORWEST CORP
‘HOLDING COMPANY’
INTRODUCED IN 1996 *as a new corporation*
NEW STRATEGIC PARTERNSHIP OF ‘CHASE MANHATTAN MORTGAGE RESIDENTIAL CONDUIT DBA MORSERV INC. ‘PRIVATE EXCHANGE MERS’ & NORWEST MORTGAGE, INC CONDUIT ‘ENTITY’ AS THE LARGEST PRODUCER OF NON-CONFORMING PRODUCTS…OPERATIONS OUT OF 343 THORNALL ST. EDISON NJ.
EXISTING CORPORATION:
DIRECTORS MORTGAGE ACCEPTANCE CORP.

1997 S-4
MERGER MYER & WOODHAVEN INTO ‘NORWEST CORP’
SAM is a successful broker of sale and purchase of banks pursued Norwest’s interest
Norwest Center
Sixth and Marquette
Minneapolis, Minnesota 55479-1000
612-667-123
Rober J. Kaukol Esq.

Norwest is a legal entity separate and distinct from its banking and other subsidiaries. Its principal source of funds to pay dividends on its common and preferred stock and debt service on its debt is dividends from its subsidiaries.

Interest payments received on non-accrual loans are recorded as reductions of principal. Interest that would have been accrued on non-accrual loans.

Management regularly reviews and monitors the loan portfolio
in order to identify borrowers experiencing financial difficulties.
Management believes that as of December 31, 1996, all such loans had been identified and included in the non-accrual or 90 days past due loan totals reflected in the above table.
Management continues to emphasize maintaining a low level of nonperforming assets
and returning nonperforming assets to an earning status as performance and conditions permit.
The Bank had no other real estate at December 31, 1996.
In the past five years other real estate has not constituted a significant balance sheet item for the Bank
as no large foreclosures have occurred nor has any property been held for any extended period of time during the past five years.

Holding Company Structure

FDIC as a receiver will have priority over other general unsecured claims against the institution. If an insured depository institution fails, insured and uninsured depositors, along with the FDIC, will have priority in payment ahead of unsecured, nondeposit creditors, including the institution’s parent holding company.

An insured depository institution is generally liable for any loss incurred, or reasonably expected to be incurred, by the FDIC in connection with (a) the default of a commonly controlled insured depository institution or (b) any assistance provided by the FDIC to a commonly controlled insured depository institution in danger of default. “Default” is defined generally as the appointment of a conservator or receiver and “in danger of default” is defined generally as the existence of certain conditions indicating that a default is likely to occur in the absence of regulatory assistance.

Norwest’s banking subsidiaries are subject to restrictions under federal law that limit the transfer of funds or other items of value from such subsidiaries to Norwest and its nonbanking subsidiaries (including Norwest, “affiliates”) in so-called “covered transactions.”

In general, covered transactions include loans and other extensions of credit, investments and asset purchases, as well as other transactions involving the transfer of value from a banking subsidiary to an affiliate or for the benefit of an affiliate. Unless an exemption applies, covered transactions by a banking subsidiary with a single affiliate are limited to 10% of the banking subsidiary’s capital and surplus and, with respect to covered transactions with all affiliates in the aggregate, to 20% of the banking subsidiary’s capital and surplus. Also, loans and extensions of credit to affiliates generally are required to be secured in specified amounts

Source of Strength Doctrine. The Federal Reserve Board has a policy that a bank holding company is expected to act as a source of financial and managerial strength to each of its subsidiary banks and, under appropriate circumstances, to commit resources to support each such subsidiary bank. This support may be required at times when the bank holding company may not have the resources to provide it. Capital loans by a bank holding company to any of its subsidiary banks are subordinate in right of payment to deposits and certain other indebtedness of the subsidiary bank. In addition, in the event of a bank holding company’s bankruptcy, any commitment by the bank holding company to a federal bank regulatory agency to maintain the capital of a subsidiary bank will be assumed by the bankruptcy trustee and entitled to a priority of payment.

PLAINTIFF: BENEFICIARY ‘ANYBANK NA’ REMIC NAME

BENEFICIARY without standing during foreclosure complaint.

Why: Beneficiary did not record in public records the owners of the mortgage loan beneficiaries.

WHY DOES THE COURT ALLOW THE BENEFICIARY TO USE NAME OF ‘ANYBANK NA’ INSTEAD OF THEIR REAL NAMES?

Only Real Estate Lawyers as Trustees have authority to represent Owner Trustee. Owner Trustee is Servicer c/o CONDUIT operating as an ENTITY e.g. Norwest Mortgage Inc. dba Americas Servicing Company.

WHEN WILL THE FACTS BE REVEALED ? TODAY HERE IN THIS DISCLOSURE OF RESEARCH…

FACT: ENCUMBRANCES AND RESTRICTIONS ATTACHED TO A PROPERTY INCLUDE ‘RIGHT’ FOR ‘BORROWER’ TO RESELL MORTGAGE LOANS TO THIRD PARTY’S – YOU!

CONCEALED FROM THE 99% CLASS OF CONSUMERS – YOU! THE FACT YOUR RIGHTS REMOVED. YOU ARE SOLD A LOAN THAT IS OWNED BY A UNKNOWN THIRD PARTY.

THE ‘SALES PEOPLE’ IN THE STOREFRONTS NATIONWIDE, WORK IN TANDEM WITH ‘REAL ESTATE LAWYERS’ THE SPECIAL KIND WHO DBA SERVICER ANYBANK NA AND CLOSE RESALES OF ‘MORTGAGE LOANS’.

IN FACT, THE LENDER AGREED SO THERE IS NO HARM NO FOUL BETWEEN THE ‘LENDER’ AND THE REAL BORROWER’ AND AS LONG AS THE REAL BORROWER KEEPS PAYING P&I, THE LENDER DOES NOT CARE WHO THEY RESELL AND GET TO PAY THE REAL BORROWERS’ OBLIGATION.

STEPHEN MORRISON ESQ, SOLE INCORPORATOR
NORWEST ASSET SECURITIES CORP COULD EXPLAIN.
OR ROBERT
NORWEST MORTGAGE, INC. & MORSERV, INC.
CONDUITS FOR:
NORWEST ASSET SECURITIES CORP AKA
DIRECTORS MORTGAGE ACCEPTANCE CORP
ARE THE ‘SERVICER’ FOR THE INSTITUTIONAL INVESTMENT COMPANIES & MERCHANT BANKS STRUCTURED INVESTMENT SETTLEMENT FUNDS, AND PASS-THRU AGENCY
ALL OF THIS MESS ORGANIZED BY ‘CHASE/NORWEST/GENERAL MOTORS ACCEPTANCE CORP – RESIDENTIAL FUNDING CORP CONDUITS

CHASE MANHATTAN MORTGAGE RESIDENTIAL CONDUIT
DIRECTORS MORTGAGE ACCEPTANCE CONDUIT
C/O
NORWEST MORTGAGE, INC & MORSERV, INC.
343 THORNALL ST, EDISON NJ

CONDUITS LIKE ‘NORWEST MORTGAGE, INC. DBA
AMERICAS SERVICING COMPANY
is a bankruptcy remote special purpose vehicle (or entity) related to Commercial Paper

REMIC’S MERELY PUBLIC ‘STRUCTURED INVESTMENT SETTLEMENT FUND’ FOR PRIVATE REIT LLC’S

SERVICER OF REMICS – First American Real Estate Solutions LLC (FARES LLC) dba CORE Logic since 1997 – for example, Master Servicer for REMICS where GUARANTOR’s setup new ‘Corporation’ which is not recognized to be an ‘Affiliate’ under SEC ‘regulations’ and pass cash distributions, liquidations, investments, settlements, etc.

WHO OWNS THE Mortgage Loans? PRIVATE EXCHANGES OF PRIVATE REIT’S

You can’t purchase shares of REMIC’s on Open Exchange per multiple Foreclousre Defense Attorneys’s – who have tried. WHY? PUBLIC REMIC’s are Structured Investment Vehicles setup to be Settlement Funding and pass-thru distribution of dividends, payables, receivables to private REIT LLC’s!

PUBLIC REMICS MERELY ‘SUPER $1 BILLION DOLLAR AT A TIME’ INSURANCE COMPANY STRUCTURED INVESTMENT VEHICLES FOR STRUCTURED SETTLEMENTS

JP WENTWORTH ANYONE?

REAL ESTATE INVESTMENT TRUSTS “REIT’S”

HOW DOES A REAL BORROWER WITH A MORTGAGE LOAN GET SOMEONE ELSE TO PAY THEIR OBLIGATION?
Independnet Mortgage/Banker-Brokers pay ‘Sales employees’ of Americas Servicing Company dba Norwest Mortgage, Inc., a CONDUIT added service of finding consumers and reselling mortgage loans with encumbrances, restrictions. Mortgage Banker/Brokers mortgage loans — the LENDER allows resale of ‘mortgage loans’ and places ‘restrictions’ preventing disclosure of the beneficial interests. All consumer mortgage loans resold in Norwest Asset Securities Corp aka Directors Asset Acceptance Corp c/o Americas Servicing Corp dba Norwest Mortgage, Inc.
do business as ‘Servicer Wells Fargo Bank NA’.

1995 – FAS 1122 – Accounting all about ‘SERVICERS’ and 1989-1995 Fannie/Freddie/RECONTRUST already booked servicers investments, forced real estate industry, and insurance industry and banking industry to work together creating the 1% Consumer Class that exists today – the new billionaires not smarter – just greedier, Dylan Ratigan book sums up ‘GREEDY BASTARDS’.

THE PIPELINE PURPORTED TO BE THE GREEDIEST HARMING THE ECONOMY, YOU AND ME DBA:

AMERICA’S SERVICING INVESTMENT I, LIMITED PARTNERSHIP
Taxpayer Services Division
Entity Name: AMERICA’S SERVICING COMPANY
Dept ID #: T00136715
Ack #: 1000131774000000
Locations
AMERICA’S SERVICING COMPANY
7485 NEW HORIZON WAY
FREDERICK, MD 21703

Owners
NORWEST MORTGAGE, INC. (A CONDUIT)
1 HOME CAMPUS
MAC X2406 011
DES MOINES, IA 50328 0001
Maryland Department of Assessments and Taxation 1

Maryland Department of Assessments and Taxation 1
Taxpayer Services Division
301 West Preston Street Baltimore, Maryland 21201

NORWEST MORTGAGE, INC. A CONDUIT

CONDUIT
POOLS MORTGAGES OF LOANS

A governmental (e.g. Pinnacle) or private entity ‘Americas Servicing Company’ that pools mortgages and other loans.

Americas Servicing Company dba Norwest Mortgage, Inc. will then issue pass- or pay-through securities in its own name, as a private conduit to investors.

Many private conduits are not backed by mortgages, credit card receivables and other loans.

These conduits e.g. Americas Servicing Company dba Norwest Mortgage, Inc. emab;e Trustees/Investors who utilize names of merchant banks and thrifts to more easily sell their loans to investors in secondary market. Smaller Lenders are not restricted on size of pool or limiations on eligibility. GNMA and FHLMC offered the first private conduits. Trustees dba SERVICER ANYBANK NA allow credit enhancement through FDIC backs the insolvency of ANYBANK NA allowing private conduits to ‘dump’ structured investment settlements into institution forcing insurance protection over irresponsible fiduciary lending and investing by investment/merchant bankers at the expense of the 99%.

-Conduit Theory on Investopedia – A theory stating that an investment firm that passes all capital gains, interest and dividends on to …

DEFAULT LOANS SERVICED FOR:

FEDERAL HOME LOAN MORTGAGE CORP – FHLMC
C/O ANYBANK NA
3476 STATEVIEW BLVD
FORT MILLS SC

FHLMC: A stockholder-owned, government-sponsored enterprise (GSE) chartered by Congress in 1970 to keep money flowing to mortgage lenders in support of homeownership and rental housing for middle income Americans. The FHLMC purchases, guarantees and securitizes mortgages to form mortgage-backed securities. The mortgage-backed securities that it issues tend to be very liquid and carry a credit rating close to that of U.S. Treasuries.

US TREASURY, FHA, HUD TIES to the U.S. government allows FHLMC to borrow money at interest rates lower than those available to other financial institutions. With this funding advantage, it issues large amounts of debt (known in the market place as agency debt or agencies), and in turn purchases and holds a huge portfolio of mortgages known as its retained portfolio. Many people believe that the size of the retained portfolio poses a great deal of systematic risk to the entire U.S.

PRIVATE CONDUIT
GINNIE MAE – GOVERNMENT NATIONAL MORTGAGE ASSOCIATION, A GOVERNMENT CORPORATION ‘CONDUIT’

A U.S. government corporation within the U.S. Department of Housing and Urban Development (HUD). Ginnie May aims to:

1. Ensure liquidity for government-insured mortgages, including those insured by the Federal Housing Administration (FHA), the Veterans Administration (VA) and the Rural Housing Administration (RHA).
2. Bring investors’ capital into the market for these types of loans, so that the issuers have the means to issue more.

Most of the mortgages securitized as Ginnie Mae mortgage-backed securities (MBSs) are those guaranteed by FHA, which are typically mortgages for first-time home buyers and low-income borrowers. Investopedia explains ‘Ginnie Mae – Government National Mortgage Association – GNMA’

Ginnie Mae neither issues, sells or buys pass-through mortgage-backed securities, nor does it purchase mortgage loans. It simply guarantees (insures) the timely payment of principal and interest from approved issuers (such as mortgage bankers, savings and loans, and commercial banks) of qualifying loans, such as those issued by the FHA and RHA.

Unlike its cousins Freddie Mac, Fannie Mae and Sallie Mae, Ginnie Mae is not a publicly-traded company. An investor in a GNMA security will not know who the underlying issuer of the mortgages is, but merely that the security is guaranteed by GNMA, which is backed by the full faith and credit of the U.S government, just like U.S. Treasuries.

STOCKOWNERS KEEP ASSETS INSIDE OF PRIVATE REAL ESTATE INVESTMENT TRUSTS “REIT”
A security that sells like a stock on the major exchanges
and invests in real estate directly, either through properties or mortgages. REIT’s receive ‘special tax considerations’ offer investors high yields, as well as a highly liquid method of investing in real estates. REIT’s invest in and own properties and revenues come principally from their properties rent.
MORTGAGE REIT’s deal in investment and ownership of property
mortgages. These REITS LOAN MONEY FOR MORTGAGES to owners of real estate or PURCHASE EXISTING MORTGAGES or mortgagge-backed securities. Mortgage REIT’s revenues are generated primarily by the interest that they earn on the mortgage loans.

INDIVIDUALS can invest in a REIT either by purchasing their shares directly on OPEN EXCHANGE
OR
by investing in mutual fund that specializes in public real estates.

ADDITIONAL BENEFIT OF REIT’S IS THE FACT MANY ARE ACCOMPANIED BY ‘DIVIDEND REINVESTMENT’ PLANS
(DRIPS).

REIT’S INCORPORATE
ARTICLES OF CORPORATION WILL REVEAL PURPOSE.
SOME INVEST IN COMMERCIAL REAL ESTATE

INVESTING IN REIT IS A LIQUID, DIVIDEND-PAYING MEANS OF PARTICIPATING IN THE REAL ESTATE MARKET AND WE HAVE BEEN PAYING THE MAINTENANCE, TAXES AND UPKEEP ON THEIR PROPERTIES. WHY? HOW?
STUPID PEOPLE SIGN STUPID CONTRACTS EVERY DAY — K.PETRIDES

Equity REITs invest in and own properties (thus responsible for the equity or value of their real estate assets). Revenues come principally from their properties’ rents. You should find out how your STATE and COUNTY and Municipality do business.

HYBRID REITS combine investment strategies of equity REITs and mortgage REITs by investing in both properties and mortgages.

UPDATE FROM PHONE CALL THAT BEGAN WITH ‘SHELLY’ DIRECTOR OF OPERATIONS
WELLS FARGO BANK NA MINNEAPOLIS
651-450-4064
4/27/2011 DOCUMENTED ON LIVING LIES:
Shelly Director of Operations Wells Fargo Bank NA Minneapolis called back 651-450-4064 on speaker with author of Tranfer Agent letter from SEC regarding enforcements and complinace by providing source code of third party’s software.
Had me on speaker. Whispering in the background. K. stated not related to SEC and I said but oh you complied with the SEC and gave them the source code for transfer agents so the SEC would not sanction Wells Fargo.
Silence and then again on speaker one can hear the whispering.
Shelly – Director of Operations does not know. They were not smooth. Wanted then to know who I am. I said I need to get a letter out to the SEC today

ROBERT J. KAUKOL DENVER, CO 11/14/01
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 16
LIST OF OTHER MANAGERS
NO. 13F FILE NUMBER NAME
1
2
3 WELLS FARGO BANK ARIZONA, NA
4 WELLS FARGO BANK INDIANA, NA
5 WELLS FARGO BANK IOWA, NA
6 WELLS FARGO BANK MINNESOTA, NA
7 WELLS FARGO BANK MONTANA, NA
8 WELLS FARGO BANK NEBRASKA, NA
9 WELLS FARGO BANK NEVADA, NA
10 WELLS FARGO BANK NEW MEXICO, NA
11 WELLS FARGO BANK NORTHWEST, NA
12 WELLS FARGO BANK SOUTH DAKOTA, NA
13 WELLS FARGO BANK TEXAS, NA
14 WELLS FARGO BANK WEST, NA
15 WELLS FARGO BANK WISCONSIN, NA
16 WELLS FARGO BANK WYOMING, NA
17 WELLS FARGO BANK, NA
18 SCI CAPITAL MANAGEMENT, INC.
19 PEREGRINE CAPITAL MANAGEMENT, INC.
20 NORWEST LIMITED LP, LLLP
21 WELLS FARGO INVESTMENTS, LLC
22 WELLS CAPITAL MANAGEMENT INCORPORATED
23 WELLS FARGO BANK MICHIGAN, NA
FORM 13F INFORMATION TABLE ENTRY TOTAL: 15978

Ms. Katie J. Sevcik
Vice President, Manager of Operations
Law Department
Wells Fargo & Company
MAC N9305-172
Sixth and Marquette
Minneapolis, MN 55479
Re: No-Action Request With Respect to SEC Rule 17Ad-7(f)(5)(ii) under the Securities Exchange Act of 1934
Dear Ms. Sevcik:
This letter is in response to your letter dated March 23, 2004, where you request that the Division of Market Regulation (“Division”) of the U.S. Securities and Exchange Commission (“Commission”) not recommend enforcement action to the Commission against Wells Fargo Bank, N.A. (“Wells Fargo”) for violating Rule 17Ad-7(f)(5)(ii) under the Securities Exchange Act of 1934 (“Act”)1 if Wells Fargo were to escrow a copy of its vendor’s software and related materials under the terms outlined in your letter.2
Background
As you know, Rules 17Ad-6 and 17Ad-7 under the Act3 specify the records that registered transfer agents must make and the amount of time and manner in which they must preserve these records. Under Rule 17Ad-7(f)(5)(ii), transfer agents that choose to use electronic storage media to store such records must:
Place in escrow with an independent third party and keep current a copy of the physical and logical format of the electronic storage or micrographic media, the field format of all different information types written on the electronic storage media and source code, and the appropriate documentation and information necessary to access records and indexes.
As explained in the Commission’s release adopting the electronic storage provisions of Rule 17Ad-7, this requirement is designed to assist the Commission or the transfer agent’s appropriate regulatory agency’s (“ARA”) in accessing a transfer agent’s records and indexes during, for example, some type of emergency such as a transfer agent’s insolvency or refusal to cooperate. The rule also requires the escrow agent to file an undertaking with the Commission or ARA that it will make such records management information available to the Commission or ARA promptly upon request.
Your Representations and Proposal
You state that Wells Fargo is a transfer agent registered with the Commission and that Wells Fargo has purchased records management software to archive its records and indexes.4 However, because the software vendor has not agreed to include the software source code and object code as part of the escrow materials, Wells Fargo believes that it is unable to comply with Rule 17Ad-7(f)(5)(ii).
You propose that Wells Fargo satisfy Rule 17Ad-7(f)(5)(ii) by placing into escrow “Escrow Materials.” “Escrow Materials” are defined in your escrow agreement as the following:
“Escrow Materials” shall mean the “as built” programs, physical and logical format of the electronic storage or micrographics media, the field format and all different application executables and appropriate documentation and information necessary, and the appropriate documentation and information necessary to access the records and indexes of Wells Fargo’s electronic records management system as required and set forth in Security (sic) Exchange Commission (SEC) rule 17Ad-7. The actual application software for accessing archived electronic records is described as FileNet Panagon Image Service 3.6 SP2 for Windows, as described in Exhibit A hereto. A copy of source code and object code is not to be a part of the Escrow Material or a part of this agreement.
Our Response
In the Adopting Release, we summarized Rule 17Ad-7(f)(5)(ii) as requiring transfer agents to “[k]eep in escrow an updated copy of the software or other information that is necessary to access and download electronically stored records.” Also in the Adopting Release, we used the words “records management software” to broadly describe the materials that are required to be placed in escrow with an independent third party.
Based on the representations contained in your March 23, 2004, letter, as well as related telephone and e-mail communications with Division staff, the Division will not recommend that the Commission take enforcement action against Wells Fargo for violating Rule 17Ad-7(f)(5)(ii) if it places into escrow with an independent third party the “Escrow Materials,” as that term is defined in your escrow agreement, as set out above in place of the items set forth in Rule 17Ad-7(f)(5)(ii).
This position is based on the facts and representations described above; any different facts or representations may require a different response. In addition, this position address enforcement action only and should not be understood to express any legal conclusions regarding the applicability of statutory or regulatory provisions of the federal securities laws. This position is subject to changes in current law and regulations governing Wells Fargo; any such changes in the law or regulations may supersede these positions or require the Division to reevaluate these positions. The Division may revoke or modify this position in the future as a result of such reevaluation. Finally, this position is subject to modification or revocation at any time the Commission or the Division determines that such modification or revocation is consistent with the public interest or the protection of investors.
Sincerely,
Jerry W. Carpenter
Assistant Director
Office of Trading Practices and Processing
Endnotes
________________________________________
1 17 CFR 240.17Ad-7(f)(5)(ii).
2 We have attached a copy of your letter to this response to avoid reciting all of the facts and circumstances.
3 17 CFR 240.17Ad-6 and 17 CFR 240.17Ad-7.
4 Wells Fargo’s March 23, 2004, letter states that Wells Fargo has contracted with FileNet Corporation to “access” Wells Fargo’s electronic records management system’s records and indexes. Subsequent discussions between Wells Fargo staff and Division staff clarified that Wells Fargo had purchased FileNet document imaging and records management software that Wells Fargo will use itself to maintain its records and indexes.
________________________________________
Incoming Letter:
March 23, 2004
Mr. Jerry Carpenter
Assistant Director
Division of Market Regulation
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: No-Action Request by Wells Fargo Bank, N.A. regarding records retention and software escrow requirements under SEC Rule 17Ad-7
Dear Mr. Carpenter:
This letter is submitted to the Commission by the Law Department of Wells Fargo & Company, the parent corporation of Wells Fargo Bank, N.A. (“Wells Fargo”), which is a national banking association and a registered transfer agent. Wells Fargo has contracted with FileNet Corporation (“Vendor”), the provider of document imaging software to access the records and indexes of Wells Fargo’s electronic records management system. Wells Fargo is aware that provisions of SEC Rule 17Ad-7, as amended, require certain types of software to be placed into escrow with an independent escrow agent, and that the rule requires a transfer agent to place third party licensed software with an independent escrow agent if access to the source code is not available.
Wells Fargo has discussed the requirements of Rule 17Ad-7 with Vendor, including these specific requirements:
“[T]ransfer agents that use electronic storage media or micrographic media to store their records must: maintain, keep current, and provide promptly upon request by the Commission and their ARA all information necessary to access the records and indexes stored on electronic storage media or micrographic media and place in escrow and keep current a copy of the physical and logical format of the electronic or micrographic storage media, the field format of all different information types written on the electronic storage media and source code, and the appropriate documentation and information necessary to access records and indexes. The escrow agent must file a statement with the Commission that it will make this information available promptly upon request to the Commission’s representatives or the ARA.” [Excerpt from Rule 17Ad-7]
Vendor has agreed to permit Wells Fargo to enter into an escrow agreement under which an independent escrow agent will hold a copy of the Vendor software materials required for the Commission or an ARA, if necessary, to obtain, load, and access Wells Fargo’s database of records required that are to be maintained under Rule 17Ad-6. We are enclosing a copy of the escrow agreement, dated as of March 15, 2004 (the “Escrow Agreement”), by and between Wells Fargo and U.S. Escrow Services, Inc., as escrow agent. (See attached Escrow Agreement.)
The escrowed software and related materials which are to be held by the third party escrow agent are described as follows in the Escrow Agreement, which also refers to a software description attached hereto as Exhibit A.
“Escrow Materials” shall mean the “as built” programs, physical and logical format of the electronic storage or micrographics media, the field format and all different application executables and appropriate documentation and information necessary, and the appropriate documentation and information necessary to access the records and indexes of Wells Fargo’s electronic records management system as required and set forth in Security Exchange Commission (SEC) rule 17Ad-7. The actual application software for accessing archived electronic records is described as FileNet Panagon Image Service 3.6 SP2 for Windows, as described in Exhibit A hereto. The copy of source code and object code is not to be a part of the Escrow Material or a part of this agreement. [Excerpt from Escrow Agreement]
Despite requests by Wells Fargo to do so, Vendor has not agreed to include the software source code and object code as part of the Escrow Agreement. Vendor has noted that software developers have been traditionally reluctant to provide their source code to a customer or an unrelated third party, because they consider the source code the essence of their product.
Since the source code is unavailable from Vendor for escrow, Wells Fargo has executed the Escrow Agreement with an independent escrow agent, which provides for the escrow agent to hold the Escrow Materials as defined above. Accordingly, Wells Fargo is requesting the Commission staff to review the software escrow arrangements as described herein, and that the Commission staff will not recommend that the Commission take enforcement action regarding Wells Fargo’s method of compliance with the escrow requirements of Rule 17Ad-7.
Please contact me at 651-450-4190 or our counsel, Gordon Glaza at 612-667-0628 if you need any additional information, or have questions or comments regarding this request. Thank you very much for your consideration of this request.
Sincerely,
/s/ Katie J. Sevcik
Vice President, Manager of Operations
cc: Lennie Kaufman
Angela Ponte
Jeffrey Elmquist
Gordon Glaza
David Karasik, SEC
________________________________________
Exhibit A
Software required for retrieving archived data
FileNet Panagon Image Services 3.6 SP2 for Windows
Actual application required for restoring and accessing archived data
Microsoft Windows 2000 with Service Pack 3 or 4
Standard Operating System software – Default installation
Microsoft SQL Server 2000 with Service Pack 3
Backend database software used by Panagon Image Services – Default installation
Hardware required for retrieving archived data
PC or Server with at least 1GB of RAM, 80GB of Hard Drive space and processor speed of 1GHz or higher
Magneto Optical disc drive capable of reading 9.1GB 5.25-inch media
Interface adapter (SCSI) for connecting MO disc drive to computer
________________________________________
ESCROW AGREEMENT
* * *
SECTION I
DEFINITIONS
The defined terms utilized throughout this Agreement shall have the following meanings which shall govern and control the interpretation of this Agreement. Capitalized terms not otherwise defined herein shall have the same meaning as set forth in the Agreement:
* * *
B. “Escrow Materials” shall mean a copy of the “as built” programs, physical and logical format of the electronic storage or micrographic media, the field format and all different application executables and appropriate documentation and information necessary, and the appropriate documentation and information necessary to access the records and indexes of WFSS’s electronic records management system as required and set forth in Securities Exchange Commission (SEC) rule 17Ad-7. The actual application software for accessing archived electronic records is the FileNet Panagon Image Services 3.6 SP2 for Windows, as described in Exhibit A hereto. A copy of the source code and object code is not part of the Escrow Materials or part of this Agreement.
* * *

http://www.sec.gov/divisions/marketreg/mr-noaction/wells072904.htm

Phone# 612-667-0628
INCORPORATOR STEPHEN D. MORRISON
Norwest Integrated Structured Assets, Inc. RSSD ID 2536035
12/10/1996 – Norwest Structured Assets, Inc.
7485 New Horizon Way
Frederick MD – Domestic Entity Other
03/05/1997 – Renamed Norwest Integrated Structured Assets,Inc.
04/07/2000 – Acquired by Norwest Asset Securities Corp
Wells Fargo Asset Securities Corp – 2495208
03/28/1996 – Norwest Asset Securities Corp
405 Southwest 5th St
Des Moines Iowa – Domestic Entity Other
04/17/2000 Norwest Asset Securities Corp Renamed to
Wells Fargo Asset Securities Corp
Active 05/21/2011
Norwest Corp 1985
Parent of Foothill Capital Corp
(a subsidiary of Foothill Group).
Norwest Mortgage Inc., BANCO Mortgage, acquired by NATIONSBANK?
10/19/95 FCC Holdings Ltd established
Foothill Capital Corp 2468015
7/31/2001 FCC Holdings moved
6/2/2003 Renamed Foothill Capital Corp
(RSSD ID 1558478 Wells Fargo Foothill Inc. renamed Wells Fargo Capital Finance Inc.
2450 Colorado Ave, Suite 3000 West,
Santa Monica CA 90404
05/01/1979 – Foothill Capital Corp Los Angeles CA
Finance Co.
10/19/1995 – FCC moved
07/31/2001 – FCC moved to current address above
06/02/2003 – FCC renamed Wells Fargo Foothill Inc
01/15/2010 – Renamed Wells Fargo Capital Finance Inc.
1985: Norwest Corp Parent (1120754) of FCC
Significant Interest: EMC Corp;
The Money Center;
BANCO Mortgage Co of Wisconsin,
Norwest Mortgage Inc.;
Centurion Life Insurance Co.
Peregrine Capital Management, Inc./MN on SEC
800 Lasalle Ave, Ste 1850,
Minneapolis MN 55402
41-6257136 IRS; SEC CIK 764529
FFIEC1121087 Minneapolis MN
On the SEC as both (Filer) (Owner)
29 Closely Related including:
Prudential – First International Advisors – Galliard – Lowry Hill – Golden Capital – Jennison – Kaplan – Metro West – Nelson Capital – Pruco – Wells Capital Management Inc formerly Foothill Capital subsidiary of Foothill Group; Wells Fargo Advisors, Wells Fargo Funds, Wells Fargo Alternative Investments …
See Bottom for 40-APP Filing (Insurance)
Peregrine Capital 2/17/09

66 Responses

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  3. […] Nancy Drew Digs Into Wells Fargo -Maiden Lane, FDIC, FHLA […]

  4. ‘DEUTSCHE BANK’ REAL ESTATE MORTGAGE INVESTMENT CORP DBA REMIC

    Buying REO or Non-Performing Notes (NPN) in bulk directly from the financial institution will achieve the greatest discounts available in the marketplace. REMIC is a qualified purchaser of REO and Non-Performing Notes NPN with over 20 financial institutions.

    To receive information about or to discuss the REMIC process and opportunities available please contact Capital Markets:

    John Stuart or Tom Hanscome at 949-429-7720

    DEUTSCHE BANK
    document custody manages over 3.2 million loan files ;

    REMIC PORTAL AFFILIATIONS:

    CLAYTON Special Servicing , collections, REO Management;

    BSI Subservicing;

    MERS ownership of mortgages/trust deeds;

    FIRST AMERICAN CORELOGIC automated valuation models, legal and vesting information…;

    LPS integrated data, mortgage processing, settlement loan-level servicing and securities database services;

    FIRST AMERICAN DATA TREE provider of public land records and property data;

    REMIC ‘PORTAL’
    Secondary Markets Director Macias Gini & O’Connell LLP
    Dykema Gossett PLLC is a leading national firm with nearly 400 attorneys and professionals and major offices located in Chicago, Dallas, Detroit, Los Angeles, and Washington, D.C.

    DYKEMA is one o the leading firms in the United States representing corporations in the Subprime Mortgage counseling, Structured Finance and Securitization and Securities.

    http : // remicorporation.com/affiliations.php

    Corporate Name:
    Real Estate Mortgage Investment Corporation dba REMIC
    Address: 901 Calle Amanecer Suite 150
    City,State,Zip: San Clemente, CA
    Toll Free Number:
    Direct Number: (949) 429-7720
    Fax Number: (949) 429-7723
    Primary Contact: Randall Roberts
    Website: www . remicorporation.com

    MERS(r) Member Org ID: 1009157
    Lines Of Business:
    Servicer, Subservicer, Investor, Document Custodian
    eRegistry Participant: No
    eDelivery Participant: No
    Copyright© 2012 by MERSCORP Holdings, Inc.

  5. Nancy Drewe, on May 17, 2012 at 6:25 am said:

    Research reveals the public short-sales are the same -sales contract’ in exchange for DEED.

    Any ‘Promissory Note’ is a Sales Contract – in exchange for a DEED are allowed to bring cash to ‘REMIC’ a collection of Notes sold to INVESTORS – – as BUYERS are in agreement with SELLERS in event of default -alternative investments’ options will be ‘settled’ using the ‘Mortgage Electronic Registration Systems, Inc’ as BORROWER, and find a more suitable BORROWER.

    Other databases exist outside of MERS.

    BUYERS/SELLERS bring cash to ‘Investment Banks’ is the goal and REMIC’s organized by Sale of Notes to INVESTORS is a governmental approved monopolized process in secondary market exchange.

    Short sales are the debt settlements in court. The new ‘quick’ way to get cash flowing for Notes sold to INVESTORS to hedge the credit risk is to allow consumers’ purchase DEED which was always clouded – nothings changed – but now you should know better.

    Goal get consumers ‘cash’ BUYERS/SELLERS in agreement consumer may advance cash in form of ‘real estate receivables’ which are notes (not loans) where ‘Due Upon Sale Clause’ removed from instrument during ‘Title Commitment’ in which ‘Title Agent’ ‘Agency’ member of association, purchase group’ through which goods and services and processes -approved governmental approved monopolies operate inside secondary market – an unregulated market – where anyone can exchange and transfer Sales Contract in Exchange for Deed; Congress provides civil rememdy – there is no law in secondary market against misrepresentation by independent third parties who are not required to disclose by exceptions of HUD/RESPA ….

    Since 1994, eLynx has provided the financial services industry with the best, most innovative, on-demand, Web-based services for secure, paperless, document collaboration and distribution. Today, 25 of the top 50 banks in the United States rely on eLynx for electronic document collaboration and distribution to both consumers and processors.

    Associations, Purchase Groups, Brokers … goods and services include CTSLink sm;

    another one you’ll find on documents, instruments, includes LSI/REO Lender;

    eLynx sm –technology, our customers capture and maintain data electronically throughout a loan lifecycle – automating paper-intensive processes, improving workflow, reducing costs, and ensuring compliance with industry regulations. eLynx serves over 4,000 clients of all sizes worldwide, including 25 of the top 50 US Banks and has processed more than 50 million loans. More than 4 million users utilize eLynx’s enterprise document output solutions.

    This experience, coupled with an on-demand platform and a broad suite of service offerings, makes eLynx an ideal partner for lenders looking to gain and maintain a competitive edge. eLynx can provide proven solutions that will help you differentiate yourselves in the market, optimize your efficiency, and maximize your profits.

    Specialties

    Electronic Delivery, Electronic Signature, Electronic Document/Data Collaboration, On-demand Web-based services

    GOODS & SERVICES:
    IC 042. US 100 101.
    Providing E-commerce and Electronic Data Interchange (EDI) transaction solutions for the healthcare industry, namely, offering electronic data interchange services to healthcare payers and their networks of physicians employers and consumers; processing administrative, clinical, and financial transactions; web hosting for payers and their physician networks and end users; web E- Commerce for payers and their physician networks; providing telecom and network infrastructure for payers and their physician networks; providing on-line physician directories for payer networks; hosting wellness programs for payer networks; providing links to online pharmacies and health product purchases for payers and their physician networks; administrative transactions for physicians; online claims adjudication for physicians; delivery of clinical transactions for physicians– Clearinghouse operations services for payers and their physician networks; employer billing and account tracking services; support of enrollment and premium calculations for employers; HIPAA compliance services for payers and their physician networks– outsourcing services for clearinghouse and data center operations for payers and their physician networks and client management, technical, customer service and administrative support services for payers and their physician networks;

    Owner (APPLICANT) EDI-USA. INC. CORPORATION DELAWARE One Landmark Square, Suite 300 Stamford. CONNECTICUT 06901

    ELYNX LTD. sm LIVE
    Filing Date July 17, 2000
    Goods and Services IC 038. US 100 101 104. G & S: Electronic transmission of data and documents via the World Wide Web. FIRST USE: 19990601
    Owner (REGISTRANT) eLynx, Ltd. LIMITED LIABILITY COMPANY OHIO 7870 East Kemper Road Suite 200 Cincinnati OHIO 45249
    Attorney of Record Clement H. Luken, Jr.

    E ELYNX POWERED sm LIVE
    Goods and Services IC 038. US 100 101 104. G & S: Electronic transmission of data and documents via the worldwide web. FIRST USE: 20071101.
    Owner (REGISTRANT) eLynx, Ltd. LIMITED LIABILITY COMPANY OHIO 7870 East Kemper Road Suite 200 Cincinnati OHIO 45249
    Attorney of Record Clement H. Luken, Jr
    Filing Date May 19, 2006

    SIMPLIFAX sm LIVE
    Goods and Services IC 038. US 100 101 104. G & S: Communication services, namely, electronic transmission of data and documents among users of computers; On-line document delivery via a global computer network. FIRST USE: 20060331
    Owner (REGISTRANT) eLynx, Ltd. LIMITED LIABILITY COMPANY OHIO Suite 200 7870 East Kemper Road Cincinnati OHIO 45241
    Attorney of Record Thomas W. Humphrey

    TOTALEPAPER sm LIVE
    Goods and Services IC 038. US 100 101 104. G & S: Communication services, namely, electronic transmission of data and documents among users of computers; On-line document delivery via a global computer network. FIRST USE: 20071206
    Owner (REGISTRANT) eLynx, Ltd. LIMITED LIABILITY COMPANY OHIO 7470 East Kemper Road, Suite 200 Cincinnati OHIO 45249
    Attorney of Record Thomas W. Humphrey

    HUD1CHECK sm LIVE
    Goods and Services IC 038. US 100 101 104. G & S: Communication services, namely, electronic transmission of data and documents among users of computers; On-line document delivery via a global computer network. FIRST USE: 20070211.
    Owner (REGISTRANT) eLynx, Ltd. LIMITED LIABILITY COMPANY OHIO 7870 East Kemper Road, Suite 200 Cincinnati OHIO 45249
    Attorney of Record Thomas W. Humphrey

    ENTER THE WORLD OF E sm LIVE
    Goods and Services IC 038. US 100 101 104. G & S: Electronic transmission of data and documents via the worldwide web. FIRST USE: 20071101. FIRST USE IN COMMERCE: 20071101
    Owner (REGISTRANT) eLynx, Ltd. LIMITED LIABILITY COMPANY OHIO 7870 East Kemper Road Suite 200 Cincinnati OHIO 45249
    Attorney of Record Clement H. Luken, Jr.

    TOTAL FULFILLMENT
    Goods and Services IC 038. US 100 101 104. G & S: Electronic transmission of data and documents via the worldwide web. FIRST USE: 20070101
    Owner (REGISTRANT) eLynx, Ltd. LIMITED LIABILITY COMPANY OHIO Suite 200 7870 East Kemper Road Cincinnati OHIO 45249
    Attorney of Record Clement H. Luken, Jr.

    EXPEDITE
    Goods and Services IC 038. US 100 101 104. G & S: Secure electronic transmission of data and documents via the worldwide web, having a function to provide electronic access control to the data and documents. FIRST USE: 20071101. FIRST USE IN COMMERCE: 20071101
    IC 039. US 100 105. G & S: Logistics services, namely, secure delivery of documents containing data. FIRST USE: 20071101. FIRST USE IN COMMERCE: 20071101

    IC 040. US 100 103 106. G & S: Secure printing of documents containing data. FIRST USE: 20071101
    Owner (REGISTRANT) eLynx, Ltd. LIMITED LIABILITY COMPANY OHIO Suite 200 7870 East Kemper Road Cincinnati OHIO 45249
    Attorney of Record Clement H. Luken, Jr.

    E
    Goods and Services IC 038. US 100 101 104. G & S: Electronic transmission of data and documents via the worldwide web. FIRST USE: 20110301. FIRST USE IN COMMERCE: 20110301
    IC 039. US 100 105. G & S: Document delivery, and not relating to vehicle rental services or vehicle rental reservation services. FIRST USE: 20110301. FIRST USE IN COMMERCE: 20110301

    IC 040. US 100 103 106. G & S: Digital on-demand printing of documents. FIRST USE: 20110301
    Owner (REGISTRANT) eLynx, Ltd. LIMITED LIABILITY COMPANY OHIO Suite 200 7870 East Kemper Road Cincinnati OHIO 45249
    Attorney of Record Clement H. Luken, Jr.

    SOFT PAPER (sm) application abandoned
    Goods and Services (ABANDONED) IC 038. US 100 101 104. G & S: Electronic transmission of data and documents via the World Wide Web
    Owner (APPLICANT) eLynx, Ltd LIMITED LIABILITY COMPANY OHIO 7870 East Kemper Road, Suite 200 Cincinnati OHIO 45249
    Attorney of Record Thomas W. Humphrey
    Filing Date June 23, 2005
    ABANDONED … hmmm…. 12/7/2007
    DOCX took care of ‘soft paper’?

    ENTER THE WORLD OF E sm LIVE
    Goods and Services IC 038. US 100 101 104. G & S: Electronic transmission of data and documents via the worldwide web. FIRST USE: 20071101
    Filing Date May 19, 2006
    Owner (REGISTRANT) eLynx, Ltd. LIMITED LIABILITY COMPANY OHIO 7870 East Kemper Road Suite 200 Cincinnati OHIO 45249
    Attorney of Record Clement H. Luken, Jr.

    One that may or may not be related: to equipment leasing through LaSalles which incorporates datat processing equipment, namely desktop computer, notebook personal computer, handheld personal and microprocessor based devices, ‘as related to animals’ – manmals are animals….

    STOCKADE tm LIVE
    Goods and Services IC 009. US 021 023 026 036 038. G & S: electronic reading, tracking, scanning and signaling devices, namely magnetic stripe readers, barcode readers, laser scanners, RFID readers, GPS tracking system, digital thermometers, non-contact temperature measuring devices; internal and external animal identification devices namely microchips, transponders, tags, implants and boluses; apparatus for weighing animals, namely scales; infra-red, laser and ultrasound apparatus, namely line scanners, 3D laser digitizers, sonar transducers, imaging cameras, thermal imaging and surface measurement devices for use in measuring size of animals; microchip identification systems, comprised of injectable implant, implant applicator, reader devices, buffers, adaptors, host computer, tracking database; computer software for use in database management of animals; computer programs for use in testing electronic devices, communication, capturing real-time data direct from electronic devices, transferring stored data from electronic devices to database application, automated importing of data including carcass data, automated exporting of data to external databases, data warehousing, database synchronization and replication, animal procurement management, tracking animal costing, forecasting animal profitability, animal disease diagnosis and management; data processing equipment, namely desktop personal computer, notebook personal computer, handheld personal computer and microprocessor based devices; and computer hardware namely computer peripherals, electronic identification systems, namely electronic identification systems for animals comprised of components of listed above; data collection, monitoring and management systems, comprised of components of listed above
    Owner (REGISTRANT) eLynx Pty Ltd CORPORATION AUSTRALIA 70 West Street Toowoomba, Queensland 4350 AUSTRALIA
    Attorney of Record Duane M. Byers
    Filing Date January 24, 2002
    Application s/n 76362359 Filing Date 1/24/2002 – Registration 6/10/2003; Attorney of Record: Duane M. Byers
    ‘Trademark’ ‘Dead’ 1/16/2010

  6. Hide
    Nancy Drewe On 4/1/1997, a U.S. federal trademark registration was filed for NASCOR. This trademark is owned by NORWEST MORTGAGE, INC., MAC X2401-06T Des Moines, IA 503280001. The USPTO has given the NASCOR trademark serial number of 75267661

    WFHM-PATENT-NovelMethodFundingMortgageLoanpat20040064402 scribd.com

    NORWEST ASSET SECURITIES CORP, NASCOR, AND NORWEST MORTAGAGE, INC. OR MORSERV, INC., RELS DIRECT AND/OR RELS TITLE NATIONWIDE VALUATION SERVICES, AGENTS, DEALERS, BROKERS, DISTRIBUTORS ORIGINATION … by mary_cochrane in…

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    2 hours ago

    Nancy Drewe NASCOR ‘Goods & Services’ 8/19/1996; Insurance; financial affairs; monetary affairs; real estate affairs; RPrimary Class US Codes: 100, 101, 102 elated: financial services namely securities registration services; GOODWILL ‘Trademarks’ CTSLink; SecuritiesLink; NISTAR; ; CONDUIT – NORWEST MORTGAGE, INC. 405 S.W. 5th Street Des Moines, IA 50309 2 hours ago

    Nancy Drewe NORWEST MORTGAGE EQUITY ENHANCEMENT PROGRAM Mortgage Lending Services International Class 036 Insurance; financial affairs; monetary affairs; real estate affairs. US Class Codes: 100, 101, 102 Norwest Mortgage, Inc. -Conduit MS 122457 1 Home Campus Des Moines IA 50328-0001 Brian J. Laurenzo Esq DORSEY & whitney llp 801 Grand Ave Suite 3900 Des Moines IA 50309 “disclaiming an unregisterable component of a mark otherwise registerable” 2 hours ago

    Nancy Drewe LENDER’S ALLIANCE Goods & Services PROVIDING INFORMATION RELATED TO CORRESPONDENT MORTGAGE LENDING OVER A GLOBAL COMPUTER NETWORK. Brian J. Laurenzo Esq. Attorney Docket# 435565-146 International Classe Clode: 036 Insurance; financial affairs; monetary affairs; real estate affairs. US Class Codes: 100, 101, 102 Norwest Mortgage, Inc. MS 122457 1 Home Campus Des Moines IA 50328-0001 Brian J. Laurenzo DORESEY & whitney llp 801 Grand Avenue, Suite 3900 Des Moines IA 50309 2 hours ago

    Nancy Drewe PREMIER ASSET Goods & Services International Class: 035 Advertising; business management; business administration; office functions. US Class Codes 100, 101, 102 Norwest Mortgage, Inc. MS 122457 1 Home Capus Des Moines IA 50328 BRIAN J. LAURENZO Esq DORESEY & WHITNEY LLP 801 Grand Ave Suite 3900 Des Moines IA 50309 2 hours ago

    Nancy Drewe EXPANDED FINANCING SOLUTIONS 5/3/2000 Goods And Services: Mortgage Lending Services “applicant/registrant disclaiming an unregisterable component of a mark otherwise registerable” International Class Code: 036 Insurance; financial affairs; monetary affairs; real estate affairs. US Class CodesA: 100, 101, 102 Norwest Mortgage, Inc. ms 122457 1 Home Campus Des Moines, IA 50328-0001 BRIAN J. LAURENZO Esq. DORSEY & WHITNEY LLP 801 Grand Ave Suite 3900 Des Moines Iowa 50309 2 hours ago

    Nancy Drewe PREFERRED REFI Goods & Services: Mortgage Lending Services 9/30/1998 Brian J. Laurenzo Esq. Attorney Docket Number: 435565-75 International Class Code: 035 Advertising; business management; business administration; office functions. US Class Codes: 100, 101, 102 First Use in Commerce 3/1998 – Coincides with conveyance of Security Agreement ‘Chase Manhattan Corp’ Parent FFIEC ‘Mortgage Electronic Registration Systems, Inc.’ BORROWER conveyance ‘All’ to ‘the BANK’ Nationsbank, N.A. – child of Bank of America 3/1998, all security interests of Fannie, Freddie, Chase, Norwest, BOA, Citi private stockholders… 7/20/2001 Status Abandoned-After ex parte Appeal Norwest Mortgage, Inc. 2 hours ago

    Delete Nancy Drewe NAAC Goods & Services FINANCIAL SERVICES, NAMELY, THE PURCHASE OF MORTGAGE LOANS AS WELL AS THE REGISTRATION, ISSUANCE, OFFER FOR SALE AND SALE OF SECURITIES. 4/15/1998 Brian J. Laurenzo Esq. International Class Code: 036 Insurance; financial affairs; monetary affairs; real estate affairs. US Class Codes: 100, 101, 102 Norwest Mortgage, Inc. 405 S.W. 5th St Des Moines IA 50309 CONDUIT FOR: NASCOR Servicer NISTAR, CTSLink, SecuritiesLink…. DAVIS BROWN KOEHN SHORS & ROBERTS PC THE FINANCIAL CTR 666 WALNUT ST STE 2500 DES MOINES IA 50309-3993 2 hours ago

    Nancy Drewe NORWEST GOLD Goods & Services: Mortgage Lending Services Brian J. Laurenzo Esq. International Class Code: Insurance; financial affairs; monetary affairs; real estate affairs. US Class Code: 100, 101, 102 5/18/1998 Norwest Mortgage, Inc. 405 S.W. 5th St. Des Moines IA 50309 DAVIS BROWN KOEHN SHORS & ROBERTS PC THE FINANCIAL CTR 666 WALNUT ST STE 2500 DES MOINES IA 50309-3993

  7. PROSPECT MORTGAGE LLC

    Headquartered in Sherman Oaks, CA, Prospect Mortgage is one of the largest independent residential retail mortgage lenders in the United States. It is a leading lender offering a full range of quality home loans, including FHA and VA, conventional, jumbo and super jumbo, renovation and more. Read more about Prospect at www .my Prospect Mortgage . com .

    Specialties Residential Mortgage Lending

    fha case no 241-7969493

    HUD approved Prospect Mortgage LLC to be a Direct Endorsement Mortgagee July 1999,

    Headquartered in Sherman Oaks, CA, Prospect Mortgage is one of the largest independent residential retail mortgage lenders in the United States. Prospect operates in several state through over 200 FHA-approved branch offices employes appox 2,500 individuals Prospect sells all loans that it originates into SECONDARY MARKET on a SERVICING RELEASED BASIS.

    ITS PRIMARY INVESTORSS INCLUDE ‘WELLS FARGO HOME MORTGAGE’ AND ‘GMAC MORTGAGE’. ITS AN AUTHORIZED AGENT FOR 3 PRINCIPALS AND ACTS AS PRINCIPAL FOR 7 AUTHORIZED AGENTS. Company enjoys excellent relationshisp with both consumers and investors.

    FHA lending constitutes appox 60% of Prospect’s business operations.

    FHA lending represents substantive portion of Prospect’s overall production.

    It is a leading lender offering a full range of quality home loans, including FHA and VA, conventional, jumbo and super jumbo, renovation and more. Read more about Prospect at http://www.myProspectMortgage.com. Its branch office did not underwite one of five defaulted loans in a reasonable timely manner. As a result, the FHA insurance fund was exposed to an unnecessary increased risk, and the effectiveness of Prospect Mortgage’s qualify control process was lessened. HUD require Prospect Mortgage to indemnify $193,357 for the loan which it issued. See HUD Handbook 2000.06, REV-3.

    The unpaid principal balance for the loan $193,357, and projected loss to HUD is $116,014.

    Prospect Mortgage LLC is a nonsupervised direct endorsement lender of FHA loans.

    Branch office issued 51 FHA loans valued at $14.2 Million June 2007 and May 2009 that defaulted within first two years.

    Of the 51 loans, 27 remained after terminations and refinances were eliminated. Loans valued at more than $7.4 million. Five of the loan were reviweed valued at approximately $1.2 million.

    October 16, 2009, the Prospect Mortgage LLC Maryland branch was precluded from originating single-family loans.

    Significant finding of those 5 loans $1.2 Million, branch office did not originate one of five loans.

    http://www.hudoig.gov/pdf/auditreports/VA/ig1031010.pdf

    Prospect Mortgage’s branch office 10201 Lee Highway, Suite 570, Fairfax VA.

    June 2007 to May 2009 15% default compared to state average 6.77.

    Specialties

    Residential Mortgage Lending

    Specialties

    Residential Mortgage Lending

    Specialties

    Residential Mortgage Lending

    Specialties

    Residential Mortgage Lending

    DC-1518957 V 5 0309012-00106

    DEBT COLLETION IMPORVEMENT ACT

    CODIFIED AT 31 U.S.C SUPRA 3701, ET. SEQ.

    AGREEMENT BINDING AND INSURES TO BENEFIT OF RESPONDENT’S PREDECESSORS, SUCCESSORS, TRANSFEREES, DIRECTORS, MANAGERS, OFFICERS, AGENTS, REPRESENTATIVES, AND ASSIGNS.

    FAILED TO COMPLY WITH HUDS’ SINGLE-FAMILY MORTGAGE INSURANCE PROGRAMS.

    HUD ALLEGES THAT A SERIES LIMITED LIABILITY COMPANY THAT ORIGINATES AND FUNDS FHA INSURED MORTGAGES AS AN FHA-APPROVED MORTGAGEE IN THE MANNER THAT RESPONDENT HAS, DOES NOT COMPLY WITH HUD/FHA’S GUIDELINES FOR THE OPERATION OF BRANCH OFFICES.

    HUD ALSO ALLEGES THAT CERTAIN OF RESPONDENT’S AFFILIATED BUSINESS ARRANGEMENTS OR SERIES LIMITED LIAIBLITY COMPANIES DID NOT COMPLY WITH RESPA REQUIREMENTS GOVERNING AFFILITED BUSINESS ARRANGEMENTS, INCLUDING THE REQUIREMENT FOR SUFFICIENT INTITAL CAPITAL AND SEPARATE DECICATED EMPLOYES.

    HUD INDICATED INTENT TO ISSUE NOTICE OF VIOLATION AND PURSUE ADMINISTRATIVE ACTIONS AGAINS RESPONDENT BASED ON AFOREMENTIONED ALLEGED VIOLATIONS OF HUD/FHA REQUIREMENTS AND SECTION 8 OF RESPA:

    PROSPECT MORTGAGE LLC DENIES HUD ALLEGATIONS.

    PROSPECT MORTGAGE, LLC. ‘WELLS FARGO SUBSIDIARY’

    RONALD L. BERGUM, CEO

    7/8/2011

    HUD ACTING FHA COMMISSIONER

    ROBERT RYAN

    7/8/2011

    RESPONDENT ALLEGES PROSPECT MORTGAGE LLC (WELLS FARGO’S SUBSIDAIRY) IT HAD DISCLOSED ITS BUSINESS STRUCTURE OT HUD IN PREVIOUS HUD AUDIT AND THEREFORE UNDER ‘ASSUMPTION’ THAT ITS BUSINESS STRUCTURE DID NOT VIOLATE HUD/FHA REQUIREMENTS OR RESPA.

    RESPONDING TERMINTED AND WOUND DOWN THE ‘AFFILIATED BUSINESS ARRANEMENTS’ THAT WERE THE SUBJECT OF REVIEW AND REFERENCES TO THOSE AFFILAITED BUSINESS ARRANGEMENTS HAVE BEEN REMOVED FROM RESPONDENT’S WEBSITE.

    WITH RESPECT TO FUTURE AFFILIATED BUSINESS ARRANGEMENTS THAT RESPONDENT MAY ENTER INTO OR CREATE WITH SETTLEMENT SERVICE PROVIDERS, RESPONDENT AGREES TO COMPLTY WITH RESPA AND FHA REQUIREMENTS IN STRUCTURING AND OPERATING THESE ARRANGEMENTS.

    RESPONDENT AGRESS TO MAE PAYMENT OF THREE MILLION ONE HUNDRED THOUSAND DOLLARS.

    INITIAL PAYMENT OF ONE MILLION DOLLARS ALONG WITH EXECUTED COPIES OF THIS AGREEMENT.

    FIRST PAYMENT OF ONE MILLION FIFTY THOUSAND DOLLARS, PLUS INTEREST OF 5% PAID WITHIN 12 MONTHS OF THIS EFFECTIVE DATE OF THIS AGREEMENT.

    PROSPECT MORTGAGE LLC, AGREEMS TO MAKE SECOND AND FINAL PAYMENT OF ONEMILLION FIFTH THOUSAND DOLLARS, PLUS INTEREST 5% WITHIN 12 MONTHS OF DATE WHICH RESPONDENT MADE FIRST INSTALLMENT PAYMENT.

    DANE NARODE ESQ.

    HUD OFFICE OF GENERAL COUNSE.L

    451 SEVENTH STREET, SW

    ROOM B-133

    PORTALS 200

    WASHINGTON DC 20401

    ‘EXPRESS MAIL

    DAN NARODE ESQ

    HUD OFFICE OF GENERAL COUNSEL

    1250 MARYLAND AVE, SW

    PORTALS BUILDING

    SUITE 200

    WASHINGTON DC 20024

    (202) 708-2350

    SUBSEQUENT PAYMENTS:

    HUD FINANCIAL OPERATIONS CENTER

    ACCOUNT# PAYMENT ONLY

    HUD-FOC DEBT

    BOX 979056

    ST. LOUIS, MO 63197-9000

    HUD FINANCIAL OPERATIONS CENTER

    ACCOUNT# PAYMENT ONLY

    HUD-FOC DEBT

    GOVERNMENT LOCKBOX 979056

    1005 CONVENTION PLAZA

    ST. LOUIS MO 63101

    MARY RICCHITI

    52 CORPORATE CIRCLE

    ALBANY NY 12203

    1800-669-5152 X2838

    518-862-2838

    PAYOFF TO TERMINATE INVESTIGATION AND WAIVE, RELEASE, REMIT AND COMPROMISE ANY CLAIMS, CAUSES OF ACTION, DIRECT OR INDIRECT, AS WELL AS ANY POTNETIAL ADMINISTRATIVE OR OTHER ENFORCEMENT ACTION AGAINS RESPONDENT, ITS PREDECESSORS, SUCCESSORS, TRANSFEREES, DIRECTORS, MANAGERS, OFFICERS, AGENTS, REPRESENTATIVES, AND ASSIGNS (COLLECTIVELY, “ADMINSITRATIVE CLAIMS”) IN CONNECTION WITH STRUCTURE AND OWNERSHIP OF A SERVICES LIMITED LIAIBLITY COMPANY UNDER FHA MORTGAGEE APPROVAL REQUIREMENTS AND IN CONNECTION WITH OPERATION AND OWNERSHIP OF A SERIES LIMITED LIABILITY COMPANY UNDER RESPA REQURIEMENTS THROUGH EFFECTIVE DATE OF THIS AGREEMENT.

    http : / / portal . hud.gov/hudportal/documents/huddoc?id=prospectmortgage1.PDF

    Highlights

    Settlement Agreement, Prospect Mortgage LLC

    Settlement Agreement (8 Jul 11), Fidelity National Financial, Inc.

    RESPA Roundup April 2011

    RESPA Roundup March 2011-Guidance for RESPA in relation to FRB compensation rule

    Home Buying Videos (HUD’s You Tube Channel)

    Solicitation of Information on Changes in Warehouse Lending

    Exemption from RESPA for Certain Subordinate Loan Transactions

    Home Warranty Interpretive Rule: Response to Public Comments (11/23/2010)

    Home Warranty Interpretive Rule (6/25/2010)

    HUD’s new settlement cost booklet

    New RESPA Rule FAQs (updated 4/2/2010)

    RESPA Final Rule (pdf version)

    RESPA Final Rule (Electronic Code of
    Federal Regulation version)

    RESPA Forms and Completion Instructions

    Regulatory Impact Analysis

    RESPA ANPR on “Required Use” Prohibition (6/3/2010)

    RESPA Roundup Archive

    Direct Endorsement, Lender Insurance, and Commitments

    § 203.1 Underwriting procedures.

    The three underwriting procedures for single family mortgages are:

    (a) Direct Endorsement. This procedure, which is described in §203.5, is available for mortgagees that are eligible under §203.3.

    (b) Lender insurance. This procedure, which is described in §203.6, is available for mortgagees that are eligible for the Direct Endorsement program under §203.5, and that are also approved according to §203.4.

    (c) Issuing of commitments through HUD offices. Processing through HUD offices as described in §203.7, with issuance of commitments, is available only for mortgages that are not eligible for Direct Endorsement processing under §203.5(b) or to the extent required in §203.3(b)(4), §203.3(d)(1), or as determined by the Secretary.

    [62 FR 30225, June 2, 1997]

    § 203.3 Approval of mortgagees for Direct Endorsement.

    (a) Direct Endorsement approval. To be approved for the Direct Endorsement program set forth in §203.5, a mortgagee must be an approved mortgagee meeting the requirements of §§202.13, 202.14 or 202.17 and this section.

    (b) Special requirements. The mortgagee must establish that it meets the following qualifications.

    (1) The mortgagee has five years of experience in the origination of single family mortgages. The Secretary will approve a mortgagee with less than five years experience in the origination of single family mortgages if a principal officer has had a minimum of five years of managerial experience in the origination of single family mortgages.

    (2) The mortgagee has on its permanent staff an underwriter that is authorized by the mortgagee to bind the mortgagee on matters involving the origination of mortgages through the Direct Endorsement procedure and that is registered with the Secretary and such registration is maintained with the Secretary. The technical staff may be employees of the mortgagee or may be hired on a fee basis from a roster maintained by the Secretary. The mortgagee shall use appraisers permitted by §203.5(e).

    (3) [Reserved]

    (4) The mortgagee must submit initially 15 mortgages processed in accordance with §§203.5 and 203.255. Separate approval is required to originate mortgages under part 206 of this chapter through the Direct Endorsement program unless at least 50 mortgages closed by the mortgagee have been insured under part 206 of this chapter prior to September 15, 1995. Other mortgagees who have not closed at least 50 mortgages under part 206 of this chapter must submit five (5) Home Equity Conversion Mortgages, processed in accordance with §§203.3 and 203.255. The documents required by §203.255 will be reviewed by the Secretary and, if acceptable, commitments will be issued prior to endorsement of the mortgages for insurance. If the underwriting and processing of these 15 mortgages (or the 5 Home Equity Conversion Mortgages) is satisfactory, then the mortgagee may be approved to close subsequent mortgages and submit them directly for endorsement for insurance in accordance with the process set forth in §203.255. Unsatisfactory performance by the mortgagee at this stage constitutes grounds for denial of participation in the program, or for continued pre-endorsement review of a mortgagee’s submissions. If participation in the program is denied, such denial is effective immediately and may be appealed in accordance with the procedures set forth in paragraph (d)(2) of this section. Unsatisfactory performance solely with respect to mortgages under 24 CFR part 206 may, at the option of the Secretary, be grounds for denial of participation or for continued pre-endorsement review for 24 CFR part 206 mortgages without affecting the mortgagee’s processing of mortgages under other parts.

    (5) The mortgagee shall promptly notify those HUD offices which have granted approval under this section of any changes that affect qualifications under this section.

    (c) [Reserved]

    (d) Mortgagee sanctions. Depending upon the nature and extent of the noncompliance with the requirements applicable to the Direct Endorsement process, as determined by the Secretary, the Secretary may take any of the following actions:

    (1) Probation. The Secretary may place a mortgagee on Direct Endorsement probation for a specified period of time for the purpose of evaluating the mortgagee’s compliance with the requirements of the Direct Endorsement procedure. Such probation is distinct from probation imposed by the Mortgagee Review Board under part 25 of this chapter. During the probation period specified by this section, the mortgagee may continue to process Direct Endorsement mortgages, subject to conditions required by the Secretary. The Secretary may require the mortgagee to:

    (i) Process mortgages in accordance with paragraph (b)(4) of this section;

    (ii) Submit to additional training;

    (iii) Make changes in the quality control plan required by §202.5(h) of this chapter; and

    (iv) Take other actions, which may include, but are not limited to, periodic reporting to the Secretary, and submission to the Secretary of internal audits.

    (2) Termination of Direct Endorsement approval. (i) A mortgagee’s approval to participate in the Direct Endorsement program may be terminated in a particular jurisdiction by the local HUD office or on a nationwide basis by HUD Central Office. The HUD office instituting the termination action shall provide the mortgagee with written notice of the grounds for the action and of the right to an informal hearing before the office initiating the termination action. Such hearing shall be expeditiously arranged, and the mortgagee may be represented by counsel. Any termination instituted under this section is distinct from withdrawal of mortgagee approval by the Mortgagee Review Board under part 25 of this title.

    (ii) After consideration of the materials presented, the decision maker shall advise the mortgagee in writing whether the termination is rescinded, modified or affirmed.

    (iii) The mortgagee may appeal such decision to the Deputy Assistant Secretary for Single Family Housing or his or her designee. A decision by the Deputy Assistant Secretary or designee shall constitute final agency action.

    (iv) Termination of an origination approval agreement under part 202 of this chapter for a mortgagee or one or more branch offices automatically terminates Direct Endorsement approval for the mortgagee or the branch office or offices without any further requirement to comply with this paragraph.
    (Approved by the Office of Management and Budget under control number 2502–0005)
    [57 FR 58345, Dec. 9, 1992, as amended at 60 FR 42758, Aug. 16, 1995; 61 FR 2651, Jan. 26, 1996; 62 FR 20088, Apr. 24, 1997; 62 FR 65182, Dec. 10, 1997]

    § 203.4 Approval of mortgagees for Lender Insurance.

    Each mortgagee that chooses to participate in the Lender Insurance program must use the Lender Insurance process to insure all of the mortgages that it underwrites, unless the mortgages are ineligible for the Direct Endorsement program as provided in §203.5(b), or unless HUD determines that the mortgages are ineligible for the Lender Insurance program.

    (a) Direct Endorsement approval. To be approved for the Lender Insurance program described in §203.6, a mortgagee must be unconditionally approved for the Direct Endorsement program as provided in §203.3.

    (b) Performance: Claim and default rate. (1) In addition to being unconditionally approved for the Direct Endorsement program, a mortgagee must have had an acceptable claim and default rate (as described in paragraph (b)(3) of this section) for at least 2 years prior to its application for participation in the Lender Insurance program, and must maintain such a claim and default rate in order to retain Lender Insurance approval.

    (2) HUD may approve a mortgagee that is otherwise eligible for Lender Insurance approval, but has an acceptable claim and default record of less than 2 years, if:

    (i) The mortgagee is an entity created by a merger, acquisition, or reorganization completed less than 2 years prior to the date of the mortgagee’s application for Lender Insurance approval;

    (ii) One or more of the entities participating in the merger, acquisition, or reorganization had Lender Insurance approval at the time of the merger, acquisition, or reorganization;

    (iii) All of the lending institutions participating in the merger, acquisition, or reorganization that had Lender Insurance approval at the time of the merger, acquisition, or reorganization had an acceptable claim and default record for the 2 years preceding the mortgagee’s application for Lender Insurance approval; and

    (iv) The claim and default record of the mortgagee derived by aggregating the claims and defaults of the entities participating in the merger, acquisition, or reorganization, for the 2-year period prior to the mortgagee’s application for Lender Insurance approval, constitutes an acceptable rate of claims and defaults, as defined by this section.

    (3) A mortgagee has an acceptable claim and default rate if its rate of claims and defaults is at or below 150 percent of the average rate for insured mortgages in the state(s) in which the mortgagee operates.

    (c) Reviews. HUD will monitor a mortgagee’s eligibility to participate in the Lender Insurance program on an ongoing basis.

    (d) Termination of approval. (1) HUD may immediately terminate the mortgagee’s approval to participate in the Lender Insurance program, in accordance with section 256(d) of the National Housing Act (12 U.S.C. 1715z–21(d)), if the mortgagee:

    (i) Violates any of the requirements and procedures established by the Secretary for mortgagees approved to participate in HUD’s Lender Insurance program, Direct Endorsement program, or the Title II Single Family mortgage insurance program; or

    (ii) If HUD determines that other good cause exists.

    (2) Such termination will be effective upon receipt of HUD’s notice advising of the termination. Within 30 days after receiving HUD’s notice of termination, a mortgagee may request an informal conference with the Deputy Assistant Secretary for Single Family Housing or designee. The conference will be conducted within 30 days after HUD receives a timely request for the conference. After the conference, the Deputy Assistant Secretary (or designee) may decide to affirm the termination action or to reinstate the mortgagee’s Lender Insurance program approval. The decision will be communicated to the mortgagee in writing, will be deemed a final agency action, and, pursuant to section 256(d) of the National Housing Act (12 U.S.C. 1715z–21(d)), is not subject to judicial review.

    (3) Lender Insurance authority is automatically terminated for a mortgagee whose nationwide Direct Endorsement approval under §203.3(d)(2) is terminated, without imposing any further requirement on the mortgagee to comply with this paragraph.

    (4) Any termination instituted under this section is distinct from withdrawal of mortgagee approval by the Mortgagee Review Board under 24 CFR part 25.

    (e) Reinstatement. A mortgagee whose Lender Insurance authority is terminated under this section may apply for reinstatement if the Lender Insurance authority for the mortgagee has been terminated for at least 6 months. In addition to addressing the criteria for Lender Insurance approval specified in paragraphs (a) and (b) of this section, the application for reinstatement must be accompanied by a corrective action plan addressing the issues resulting in the termination of the mortgagee’s Lender Insurance authority, along with evidence that the mortgagee has implemented the corrective action plan. HUD may grant the mortgagee’s application for reinstatement if the mortgagee’s application is complete and HUD determines that the underlying causes for the termination have been satisfactorily remedied.

    [62 FR 30226, June 2, 1997, as amended at 62 FR 65182, Dec. 10, 1997; 77 FR 3604, Jan. 25, 2012]

    § 203.5 Direct Endorsement process.

    (a) General. Under the Direct Endorsement program, the Secretary does not review applications for mortgage insurance before the mortgage is executed or issue conditional or firm commitments, except to the extent required by §203.3(b)(4), §203.3(d)(1), or as determined by the Secretary. Under this program, the mortgagee determines that the proposed mortgage is eligible for insurance under the applicable program regulations, and submits the required documents to the Secretary in accordance with the procedures set forth in §203.255. This subpart provides that certain functions shall be performed by the Secretary (or Commissioner), but the Secretary may specify that a Direct Endorsement mortgagee shall perform such an action without specific involvement or approval by the Secretary, subject to statutory limitations. In each case, the Direct Endorsement mortgagee’s performance is subject to pre-endorsement and post-endorsement review by the Secretary under §203.255 (c) and (e).

    (b) Eligible programs. (1) All single family mortgages authorized for insurance under the National Housing Act must be originated through the Direct Endorsement program, except the following:

    (i) Mortgages underwritten for insurance by mortgagees that have applied for participation in, and have been approved for, the Lender Insurance program;

    (ii) Mortgages authorized under sections 203(n), 203(p), 213(d), 221(h), 221(i), 225, 233, 237, 809, or 810 of the National Housing Act, or any other insurance programs announced by Federal Register notice; or

    (iii) As provided in §203.1.

    (2) The provision contained in §221.55 of this chapter regarding deferred sales to displaced families is not available in the Direct Endorsement program.

    (c) Underwriter due diligence. A Direct Endorsement mortgagee shall exercise the same level of care which it would exercise in obtaining and verifying information for a loan in which the mortgagee would be entirely dependent on the property as security to protect its investment. Mortgagee procedures that evidence such due diligence shall be incorporated as part of the quality control plan required under §202.5(h) of this chapter. The Secretary shall publish guidelines for Direct Endorsement underwriting procedures in a handbook, which shall be provided to all mortgagees approved for the Direct Endorsement procedure. Compliance with these guidelines is deemed to be the minimum standard of due diligence in underwriting mortgages.

    (d) Mortgagor’s income. The mortgagee shall evaluate the mortgagor’s credit characteristics, adequacy and stability of income to meet the periodic payments under the mortgage and all other obligations, and the adequacy of the mortgagor’s available assets to close the transaction, and render an underwriting decision in accordance with applicable regulations, policies and procedures.

    (e) Appraisal. (1) A mortgagee shall have the property appraised in accordance with such standards and requirements as the Secretary may prescribe. A mortgagee must select an appraiser whose name is on the FHA Appraiser Roster, in accordance with 24 CFR part 200, subpart G.

    (2) The mortgagee shall not discriminate on the basis of race, color, religion, national origin, sex, age, or disability in the selection of an appraiser.

    (3) A mortgagee and an appraiser must ensure that an appraisal and related documentation satisfy FHA appraisal requirements and both bear responsibility for the quality of the appraisal in satisfying such requirements. A Direct Endorsement Mortgagee (and any of its loan correspondent lenders) that submits, or causes to be submitted, an appraisal or related documentation that does not satisfy FHA requirements is subject to administrative sanction by the Mortgagee Review Board pursuant to 24 CFR part 25 and part 30.

    [57 FR 58346, Dec. 9, 1992; 58 FR 13537, Mar. 12, 1993, as amended at 59 FR 50463, Oct. 3, 1994; 60 FR 42759, Aug. 16, 1995; 61 FR 36263, July 9, 1996; 62 FR 20088, Apr. 24, 1997; 62 FR 30226, June 2, 1997; 69 FR 43509, July 20, 2004]

    § 203.6 Lender Insurance process.

    Under the Lender Insurance program, a mortgagee approved for the program conducts its own pre-insurance review, insures the mortgage, and agrees to indemnify HUD in accordance with §203.255(f).

    [62 FR 30226, June 2, 1997]

    § 203.7 Commitment process.

    For single family mortgage programs that are not eligible for Direct Endorsement processing under §203.5, or for Lender Insurance processing under §203.6, the mortgagee must submit an application for mortgage insurance in a form prescribed by the Secretary prior to making the mortgage loan. If:

    (a) A mortgage for a specified property has been accepted for insurance through issuance of a conditional commitment by the Secretary or a certificate of reasonable value by the Department of Veterans Affairs, and

    (b) A specified mortgagor and all other proposed terms and conditions of the mortgage meet the eligibility requirements for insurance as determined by the Secretary, the Secretary shall approve the application for insurance by issuing a firm commitment setting forth the terms and conditions of insurance.

    [57 FR 58346, Dec. 9, 1992; 58 FR 13537, Mar. 12, 1993, as amended at 62 FR 30226, June 2, 1997]

  8. Typed Drawing

    ——————————————————————————–
    Word Mark YES. WE ARE FAST…GUARANTEED.
    Goods and Services (CANCELLED) IC 036. US 100 101 102. G & S: Mortgage lending; mortgage banking; broker services, namely, mortgage brokerage; mortgage lending and financial services, namely, loan processing, loan collections, and mortgage brokerage; and wholesale and retail mortgage services, namely purchasing mortgage loans from real estate and mortgage brokers and correspondent lenders for others, brokering the sale and servicing of mortgage loans to secondary mortgage lenders, maintenance of mortgage escrow accounts, and purchasing mortgage loans from real estate and mortgage brokers and correspondent lenders over the global computer network. FIRST USE: 20030200. FIRST USE IN COMMERCE: 20030200
    Mark Drawing Code (1) TYPED DRAWING
    Serial Number 76505264
    Filing Date April 9, 2003
    Current Filing Basis 1A
    Original Filing Basis 1B
    Published for Opposition September 14, 2004
    Registration Number 2907661
    Registration Date December 7, 2004
    Owner (REGISTRANT) AMERIQUEST MORTGAGE COMPANY CORPORATION DELAWARE 1100 Town & Country Road, 11th Floor Orange CALIFORNIA 92868
    (LAST LISTED OWNER) CITI RESIDENTIAL LENDING INC. CORPORATION DELAWARE 1 CITY BLVD. WEST SUITE 1500 ORANGE CALIFORNIA 92868

    Assignment Recorded ASSIGNMENT RECORDED
    Attorney of Record Karin E. Peterka
    Disclaimer NO CLAIM IS MADE TO THE EXCLUSIVE RIGHT TO USE “WE ARE FAST…GUARANTEED” APART FROM THE MARK AS SHOWN
    Type of Mark SERVICE MARK
    Register PRINCIPAL
    Live/Dead Indicator DEAD
    Cancellation Date July 8, 2011

  9. OFFICER’S CERTIFICATE
    ANNUAL STATEMENT AS TO COMPLIANCE
    I, Arthur Q. Lyon, Chief Financial Officer of The Money Store Inc., a New Jersey Corporation (the “Company”), do hereby certify that:

    As servicer under the Pooling and Servicing Agreement dated as of February 28, 1998 (the “Agreement”)
    with respect to The Money Store Asset Backed Certificate, Series 1998-A;
    (i) the Company has generally complied with the provisions of Article V and VII and the Claims Administrator has generally complied with Section 5.15,
    (ii) a review of the activities of the Company and the Claims Administrator during the preceding calendar year and of performance under the Agreement has been made under my supervision, and
    (iii) to the best of my knowledge, based on such review, the Company has fulfilled, in all material respects, its obligations under the Agreement throughout such year.

    The Company shall continue to audit and monitor its servicing procedures and reports and, if any material variations are found, shall amend such reports.

    The Company has provided this Officer’s Certificate to those parties listed in Section 7.04 of the Agreements.
    IN WITNESS WHEREOF, the undersigned has executed this Certificate as of April 9, 2001.

    /s/ Arthur Q. Lyon
    ——————————
    Arthur Q. Lyon

    Chief Financial Officer

    ——————————————————————————–

    INDEPENDENT ACCOUNTANTS’ REPORT
    The Board of
    Directors
    The Money Store Inc.

    We have examined management’s assertion included in the accompanying management assertion,
    that The Money Store Inc. (a wholly-owned subsidiary of First Union National Bank) (the Company) complied with the minimum servicing standards relating to its servicing of home equity and home improvement loans, set forth in the Mortgage Bankers Association of America’s UNIFORM SINGLE ATTESTATION PROGRAM FOR MORTGAGE BANKERS (USAP), as of and for the year ended December 31, 2000. Management is responsible for the Company’s compliance with those minimum servicing standards. Our responsibility is to express an opinion on the Company’s compliance based on our examination.
    Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about the Company’s compliance with the minimum servicing standards and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company’s compliance with the minimum servicing standards.
    In our opinion, management’s assertion that the Company complied in all material respects with the aforementioned minimum servicing standards relating to its servicing of home equity and home improvement loans as of and for the year ended December 31, 2000 is fairly stated, in all material respects.

    /s/ KPMG

    March 1, 2001

    ——————————————————————————–

    MANAGEMENT’S ASSERTION
    As of and for the year ended December 31, 2000, The Money Store Inc. (the Company) has complied in all material respects with the minimum servicing standards relating to its servicing of home equity and home improvement loans, set forth in the Mortgage Bankers Association of America’s UNIFORM SINGLE
    ATTESTATION PROGRAM FOR MORTGAGE BANKERS.
    As of and for the year ended December 31, 2000, the Company had in effect fidelity bond and errors and omissions policies in the amounts of $206 million and $20 million, respectively.
    MBIA Insurance Corporation

    (the surety provider for The Money Store Trust Asset Backed

    Certificates, Series 1998-A

    (b)-(d) Omitted pursuant to the “Request for no-action letter forwarded to

    the Office of Chief Counsel Division of Corporate Financing,” dated
    June 18, 1993, and the response of the SEC, dated August 4, 1993, to

    the no-action request
    TMS MORTGAGE INC.

    THE MONEY STORE/D.C. INC.

    THE MONEY STORE/KENTUCKY INC.

    THE MONEY STORE HOME EQUITY CORP.

    THE MONEY STORE/MINNESOTA INC.

    “Series 1998-A”
    ‘WHAT WAS THE TRUST NAME?

  10. COINCIDENCE? NICK THOMPSON BANKRUPTCY ATTORNEY LOOKED LAST WEEK AT PROFILE?
    RICHARD HABER ESQ. FORMERLY OF ZUCKER GOLDBERG ACKERMAN LLC, MANAGING SUPERVISOR OF LARGEST ROBO-FIRM IN NEW JERSEY PER 2010 STATEMENTS RELATED TO ‘FORECLOSURES’. RICHARD HABER MOVED 2006 JUNE ISH TO MCELROY, DEUTSCHE, MULVANEY & CARPENTER LLP.
    NICK VIEWED PROFILE
    RELATIONSHIPS OF INTEREST WHO VIEWED PROFILE

    Associate Espinosa & Espinosa LLP
    a subsidiary of McElroy, Deutsch, Mulvaney & Carpenter L.L.P.

    Skills & Expertise
    Bankruptcy
    Real Estate
    Attorney
    Stacy M Neglio, Esq.
    September 2011– Present (7 months)
    Of Counsel
    Espinosa & Espinosa, Esqs
    January 2010– October 2011 (1 year 10 months)

    Summary
    Stacy Neglio is an attorney with 19 years of experience. Formerly, of counsel to Espinosa & Espinosa, Esqs. located in Weehawken, New Jersey. Stacy earned her B.A. at Boston University and a J.D. at Pace University School of Law. She is licensed to practice law in both New Jersey and New York.

    Stacy has over 19 years of legal experience. She has a specialty in Consumer Bankruptcy, and is experienced in Business and Corporate Law, Commercial and Residential Real Estate Law as well as Estate Planning and Administration.

    Stacy has extensive experience in the bankruptcy arena. She counsels clients in all phases of bankruptcy, whether or not to file, when to file, which chapter to file and assists the clients with making the decisions necessary for the bankruptcy to proceed smoothly through the bankruptcy process.

    Stacy also counsels individuals, partnerships, limited partnerships, corporations, and limited liability companies in every stage, from formation to dissolution. She assists these entities with creation, organization, financing, restructuring, as well as tax aspects of such decisions.

    Clients are also counseled in all phases and aspects of real estate, including sales and financing of commercial and residential properties as well as leasing and acquisitions.

    Stacy’s estate planning and administration practice includes all phases of probate, including estate planning, estate administration and estate litigation. She assists her clients and their families in planning for the orderly transition and disposition of their assets with the least tax consequences to the family and beneficiaries. She also assists in the event a realtive is unable to care for themself and smooths the way in the guardianship process.

    Specialties

    Bankruptcy petition preparation and filing. Real estate transations. Will preparation. Contract negotiation and drafting.

    MEANWHILE RICHARD HABER EARLY 2011 MOVED TO JPMORGAGE CHASE BANK NA. HMMM.

  11. QUESTION: ‘WELLS FARGO HOME MORTGAGE, INC.’ MERGED OUT OF EXISTENCE JUNE 2004 INTO ‘WELLS FARGO BANK NA A ‘DIRECT-SERVICER’ OF FANNIE-MAE AND FREDDIE-MAC. FANNIE MAE ‘REAL ESTATE CERTIFICATES’ AND FREDDIE-MAC PARTICIPATION CERTIFICATES. ‘WELLS FARGO HOME MORTGAGE, INC. USE TO BE A CONDUIT FOR FIRST AMERICNA TITLE SETTLEMENTS WITH HUD. WHY IS ‘WELLS FARGO BANK’ STILL USING ‘WELLS FARGO HOME MORTGAGE’ AS AN INCOMPLETE NAME OF ITS DIVISION:
    WELLS FARGO HOME MORTGAGE INSTITUTIONAL?

    AND THEY HAVE ‘HAD’ EXCLUSIVE ‘REVERSE MORTGAGE’ DEALS WTIH ‘METLIFE’ AND ‘DETUSCHE BANK SECURITIES INC.’

    JUST WONDERING.

    Wells Fargo & Company (NYSE: WFC)is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 Wells Fargo and Wachovia stores, 12,000 Wells Fargo and Wachovia ATMs, the internet and other distribution channels across North America and internationally. We’re headquartered in San Francisco, but being decentralized, every local Wells Fargo store is a headquarters for satisfying all our customers’ financial needs and helping them succeed financially. Wells Fargo has $1.3 trillion in assets and 282,000 team members across our 80+ businesses. We ranked fourth in assets and second in market value of our stock among our peers as of June 30, 2009. Specialties Business Banking, Wholesale banking, Mortgage, Consumer Finance, Commercial Finance

    Janell Beck Private Mortgage Banker at Wells Fargo Home Mortgage Greater Minneapolis-St. Paul Area Financial Services; Current Private Mortgage Banker at Wells Fargo Home MortgagePast Mortgage Banker at Peoples Bank of Commerce; Wholesale Account Executive at Countrywide Bank, FSB
    Education Dakota State University; Minnesota School of Banking ; Minnesota School of Business

    A mortgage professional for over 15 years with a wide variety of experience in all aspects of mortgage lending. My experience includes processing, underwriting and originating for many types of mortgage products, including purchases, refinances and construction loans. The clientele I serve ranges from first time home buyers, professional business owners to high net worth clientele.
    Specialties Purchases, Refinances, First-time homebuyers,
    Jumbo financing for professional practices – Dentists, Physicians, CPA’s and Law firms

    Cari Heibel President/Owner at Robert A….
    FORMER STAR REALTOR, CRE, NOW CREDIT REPAIR.
    RELATIONSHIP WITH ALL THE SAME PEOPLE AS REALTOR NOW INCLUDES ‘CREDIT REPAIR’ ABLE TO ‘FIX’ APPLICANTS, MOVE AROUND LIENS, GET APPROVALS AND REATTACH LIENS.

    METLIFE AND WELLS FARGO: Reverse Mortgage Facts: FACT:The bank will NOT own your home. FACT:There are NO required monthly mortgage payments. FACT:Your government benefits generally will NOT be affected 
    Cari Heibel

    President/Owner at Robert A. Christopher & Associates, LLC. PATH OF SUCCESSFUL REALTOR NOW ‘CREDIT REPAIR’
    Honors and Awards:
    President’s Circle for sales acheivement 2003-2006,2008, 2009
    Master’s Circle for sales acheivement in 2007
    Relocation Certified
    New Home Sales Specialist Designation
    Listed in the Heritage Who’s Who Registry, 2009
    Sales Award from The Realty Alliance in 2009
    CDPE, Certified Distressed Property Expert

    NEW MARKET OF CONSUMERS WITH ‘ACCEPTABLE CREDIT’ FOR HANDLING DEBT OBLIGATIONS.

    By combining advanced Credit Repair techniques, personalized Credit Management, and aggressive Debt Solutions into one program, our results can’t be matched

    RAPID ENHANCEMENT:

    HELPS OUR CLIENTS WHO ARE APPLYING FOR ANY TYPE OF LOAN INCLUDNG:

    HOME LOANS, CAR, STUDENT, NEW BUSINESS CREDIT OR CREDIT INCREASES. RESPONSIBLY MANAGING DEBT, FINANCE AND CREDIT BUT HAV EPERSISTENT CREDIT PROBLEMS FORM PAST.

    PARTNER LOGIN PAGE: SOURCE HTML:

    TEAM MEMBERS BANLK, AFFILIATES (AND) MEMBERSHIP BLANK.

    WHO MARKETS THE SUBSCRIPTON TO THIS WEBSITE?
    AND/OR MODEL FOR BUSINESS?
    CREDIT REPAIR AND REIT LLC AND CORRESPONDENTS/BROKERS WHO HELP CONSUMERS PURCHASE REAL ESTATE, SECURE A MORTGAGE’ AND PROMISE TO ADVANCE CASH TO THIRD PARTIES WHO USE THAT CASH TO CREATE ‘NOTES’ WHICH INCLUDE ‘CERTIFICATES OF DEPOSIT’ AND MUTUAL FUNDS, FOR EXAMPLE.

    Summary As President of Robert A. Christopher & Associates, we are helping hundreds of people improve their credit and debt situation so they can start on their path to homeownership, be quailified for a re-fiance on their current home mortgage, purchase a car, take advantage of low interest rates and insurance premiums, and acheive many other goals. We also help people stay in their homes through our loan modification program and are helping many people avoid Bankruptcy through our Debt Negotiation services. We are a full service credit and debt consulting firm that offers a free analysis to anyone who is interested in finding out how we can provide permanent solutions to their specific situation!
    Specialties: Credit & Debt Consulting Services President/Owner
    Robert A. Christopher & Associates, LLC.
    Public Company; 11-50 employees; Financial Services industry January 2011– Present (1 year 3 months)
    Robert A. Christopher & Associates is a professional, licensed, bonded and insured Credit Restoration and Debt Negotiation Firm located in Edina, MN. We provide essential credit repair, management and debt solutions to individuals, families and businesses nationwide. Our programs are customized to meet and exceed the unique needs of each client through a comprehensive understanding of their credit and finances. Our promise is to provide a well-researched, carefully analyzed solution for each client that is sincerely in the best interest of their long term financial, personal and professional success. Our mission is to offer an array of solutions and level of service to each client that will serve to elevate our industry, empower our clients and reveal the significance of “Your Credit Life”. It is very important to our company to give back to our community through offering Consumer Grant Programs, “Pro-Bono” Consulting, Financial Education and Awareness and Charitable Donations.

  12. (HUD) Loan Options WITH ANNUNITIES GOVERNED BY HUD
    WHERE ARE THE ‘FORWARD LOANS’ DISCUSSION IN PRESS RELEASE DROPPED: MET LIFE – TO GE CAPITAL
    AND WHAT’S DUETISCHE BANK SECURITIES INC. GOT TO DO WITH IT?

    METLIFE BANK BEGAN OPERATING IN 2001 OFFERING RETAIL SAVINGS PRODUCTS VIA INTERNET. THAT MEANS TO YOU AND YOU AND YOU ‘RETAIL’ HOME LOANS TO REAL BORROWERS AND YOUR REAL ESTATE RECEIVABLES CERTIFICATE OF DEPOSITS SOLD AS NOTES.

    DEUTSCHE BANK SECURITIES INC. SERVED AS ‘EXCLUSIVE FINANCIAL ADVISOR TO METLIFE, WHILE WACHTEL, LIPTON, ROSEN & KATZ, SERVED AS ‘METLIFES’ LEGAL ADVISOR.

    PURPOSE OF PRESS RELEASE HIDDING IN ‘FOOTNOTES’ ALL COPIED BELOW RELATE TO ‘DEUSTCHE BANK SECURITIES’ AND ACQUISTIONS AND MERGERS OF: American Life Insurance Company and Delaware American Life Insurance Company (collectively, “ALICO”) uncertainty with respect to the outcome of the closing agreement entered into with the United States Internal Revenue Service in connection with the acquisition of ALICO; changes in assumptions related to deferred policy acquisition costs, deferred sales inducements, value of business acquired or goodwill; the dilutive impact on our stockholders resulting from the issuance of equity securities in connection with the acquisition of ALICO or otherwise; our primary reliance, as a holding company, on dividends from our subsidiaries to meet debt payment obligations and the applicable regulatory restrictions on the ability of the subsidiaries to pay such dividends; discrepancies between actual claims experience and assumptions used in setting prices for our products and establishing the liabilities for our obligations for future policy benefits and claims;

    METLIFE INC. IS A LEADING GLOBAL PROVIDER OF INSURANCE, ANNUNITIES AND EMPLOYEE BENEFIT PROGRAMS, SERVICING 90 MILLION CUSTOMERS IN OVER 50 COUNTRIES.

    THROUGH ITS SUBSIDIARIES & AFFILIATES,
    METLIFE HOLDS LEADING MARKET POSITIONS IN US, JAPAN, LATIN AMERICA, ASIA PACIFIC, EUROPE, AND MIDDLE EAST.

    MetLife to sell depository business of MetLife Bank to GE Capital Financial;
    FINANCIAL TRANSACTIONS EXPECTED TO CLOSE
    2ND Q 2012

    GE CAPITAL WILL ACQUIRE:
    $7.5 BILLION METLIFE BANK DEPOSITS, INCLUDING CERTIFICATES OF DEPOSIT (NOTES), AND MONEY MARKET ACCOUNTS.

    HMMMM. WHERE IS THE ‘APPROXIMATELY’ $3 BILLION IN CUSTODIAN DEPOSITS ASSOCIATED WITH METLIFES’ FORWARD MORTGAGE BUSINESS AND CERTAIN OTHER DEPOSITS ARE NOT INCLUDED IN THE TRANSACTIONS BUT WILL BE TRANSFERRED OUT OF METLIFE BANK OVER NEXT SIX MONTHS.

    In July of 2011, MetLife, Inc. announced it was exploring the sale of MetLife Bank, N.A.’s depository business. On December 27, 2011, MetLife, Inc. announced that MetLife Bank, N.A. entered into an agreement with GE Capital Financial Inc. to acquire the business. This transaction is scheduled to close in the second quarter of 2012.
    As a valued customer, we want to make sure you receive timely information. Click below to review the press release announcing the acquisition and for a list of frequently asked questions meant to provide additional information and help you through this transition

    FACT IS ALL OF THE ‘CUSTODIAL ACCOUNTS’ WERE APPROVED BY (HUD) AS Options

    Mortgage Customer Service
    MetLife Bank N.A., Member FDIC. Call 1-866-BankMet

    METLIFE GLOSSARY:

    Lien: A lien is a legal claim held by a creditor against an asset to guarantee repayment of the debt. Mortgage liens are regularly used in real estate lending as collateral for a loan.

    Lump sum: A single loan advance at closing. Home equity loans are usually made to borrowers as a single lump sum payment.

    Deed: The legal document that transfers ownership of a piece of property (in some states). The deed should contain an accurate description of the property being conveyed, should be signed and witnessed according to the laws of that state where they property is located, and should be delivered to the buyer at closing.

    There are two parties to the deed: the grantor and the grantee.

    Default: To default on a loan is to breach its terms.

    Defaults on a reverse mortgage can include but are not limited to: Failure to maintain the property, failure to pay property taxes, failure to hold hazard insurance on the property, and failure to repay a loan after a repayment notice has been issued

    Title search: A review for any liens or other encumbrances that may be recorded on a parcel of real estate.

    A title search is a step in the process of due diligence that a lender does as part of making a mortgage loan.
    Title: A legal document that shows who owns an asset. A title includes any liens or other encumbrances, which are claims on the asset by lenders

    Title insurance: Title insurance covers the expenses necessary to perform a records search of your property’s ownership history, and — may —- protect you from claims that my be made against your ownership of the property, such as heirs or —- creditors of former owners—-.

    Borrowers are usually required to buy a title insurance policy to protect their lender. The extent of your coverage depends upon whether you have an owner’s standard coverage or extended-coverage title insurance policy.

    Annuities: Financial contracts you make with an insurance company.

    An annuity may be deferred or immediate.
    With a deferred annuity, you put money in and over time it accrues income and earnings. The payout occurs at a later date, when you may receive a steady stream of payments to supplement your income. An immediate annuity is purchased with one payment and features a specified payment plan which starts immediately.
    Yield: The income earned from an investment. An account’s yield is usually expressed annually as a percentage based on the investment’s cost, its current market value or its face value. For example, a mutual fund yield is comprised of an annual percentage measure of income (dividends and interest) earned by the fund’s portfolio, minus the fund’s expenses. Generally, yields for stocks and bonds are calculated differently than for mutual funds.

    FOOTNOTE FROM METLIFE BNAK NA: Annual Percentage Yields (APYs) are variable and subject to change without notice. Fees may reduce earnings. Money Market Accounts and High Yield Savings Accounts are subject to withdrawal limitations.

    Disclosed APY applies to personal accounts only. Money Market Accounts and High Yeild Savings Accounts are subject to transaction limitations. Transaction fees may apply. Ask for details

    Non-recourse mortgage A type of loan that is secured by collateral, which is usually property.

    A reverse mortgage is one type of non-recourse mortgage.

    When the loan becomes due and payable, the borrowers or their estate may not have to repay more than the property’s value, and have no personality liability if the mortgage balance is more than the property value.

    203b Limit: The dollar limit for the portion of a home’s value that can be used to determine the amount of funds available from a federally insured HECM reverse mortgage. 203B limits vary per county and state. The origin of the term 203b is from Section 203b of the National Housing Act.

    Expected Rate For HECM reverse mortgages, this describes the rate used to determine a borrower’s available loan amount. It equals the 10-year rate for U.S. Treasury Securities, plus a margin. 

    Escrow analysis: This is a review of a borrower’s escrow account.

    The Real Estate Settlement Procedures Act (RESPA) regulations require that an annual escrow review (disclosure statement) be provided to the borrower within 30 days of the end of the computation year.

    The computation year begins with the first payment and ends 12 months later. The review determines whether enough funds are being collected to pay future real estate tax and insurance bills. If the review determines that there are not enough funds, the borrower will have to remit additional funds to the escrow account. If the review determines that too much money was collected, the surplus funds are refunded back to the borrower.

    The monthly escrow payment amount may also be adjusted at this time.

    RESPA requires lenders to use the Aggregate method of escrow analysis. The Aggregate method essentially takes all escrowed items and adds them together (including any possible shortages). The total is prorated over 12 months.

    A running balance is projected including amounts deposited into and disbursements made from the escrow account.

    If an escrow surplus is determined, RESPA requires that any surplus greater than $50.00 must be refunded to the borrower. Alternately, the servicer may inform the borrower in the information accompanying the return of the surplus that the borrower may elect to use the escrow refund to reduce principal or have it credited against the next year’s escrow payments.

    Should the account be delinquent, the borrower must bring the account current to receive the surplus. If an escrow shortage is determined, the borrower has the option of paying the shortage in full or having it prorated for 12 months and included in the monthly mortgage payment.

    An escrow advance occurs when the escrow disbursements create a negative escrow balance. The lender provides the additional funds necessary to pay the escrow bills.

    This press release may contain or incorporate by reference information that includes or is based upon forwardlooking
    statements within the meaning of the Private Securities Litigation Reform Act of 1995.

    Forward-looking statements give expectations or forecasts of future events. These statements can be identified by the fact that they do
    not relate strictly to historical or current facts. They use words such as “anticipate,” “estimate,” “expect,” “project,”
    “intend,” “plan,” “believe” and other words and terms of similar meaning in connection with a discussion of future
    operating or financial performance. In particular, these include statements relating to future actions, prospective
    services or products, future performance or results of current and anticipated services or products, sales efforts,
    expenses, the outcome of contingencies such as legal proceedings, trends in operations and financial results.

    Any or all forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or
    by known or unknown risks and uncertainties. Many such factors will be important in determining the actual future
    results of MetLife, Inc., its subsidiaries and affiliates.

    These statements are based on current expectations and the
    current economic environment. They involve a number of risks and uncertainties that are difficult to predict.

    These statements are not guarantees of future performance. Actual results could differ materially from those expressed or
    implied in the forward-looking statements. Risks, uncertainties, and other factors that might cause such differences
    include the risks, uncertainties and other factors identified in

    MetLife, Inc.’s filings with the U.S. Securities and
    Exchange Commission (the “SEC”).

    These factors include:
    (1) difficult conditions in the global capital markets;
    (2) concerns over U.S. fiscal policy and the trajectory of the national debt of the U.S., as well as rating agency
    downgrades of U.S. Treasury securities;
    (3) increased volatility and disruption of the capital and credit markets, which may affect our ability to seek financing or access our credit facilities;
    (4) uncertainty about the effectiveness
    of the U.S. government’s programs to stabilize the financial system, the imposition of fees relating thereto, or the
    promulgation of additional regulations;
    (5) impact of comprehensive financial services regulation reform on us;
    (6) exposure to financial and capital market risk;
    (7) changes in general economic conditions, including the performance of financial markets and interest rates, which may affect our ability to raise capital, generate fee income and marketrelated revenue and finance statutory reserve requirements and may require us to pledge collateral or make payments
    related to declines in value of specified assets;
    (8) potential liquidity and other risks resulting from our participation
    in a securities lending program and other transactions;
    (9) investment losses and defaults, and changes to investment
    valuations;
    (10) impairments of goodwill and realized losses or market value impairments to illiquid assets;
    (11)defaults on our mortgage loans;
    (12) the impairment of other financial institutions that could adversely affect our investments or business;
    (13) our ability to address unforeseen liabilities, asset impairments, loss of key contractual relationships, or rating actions arising from acquisitions or dispositions,
    including our acquisition of American Life Insurance Company
    and Delaware American Life Insurance Company (collectively, “ALICO”) and to successfully
    integrate and manage the growth of acquired businesses with minimal disruption;
    (14) uncertainty with respect to
    the outcome of the closing agreement entered into with the United States Internal Revenue Service in connection
    with the acquisition of ALICO;
    (15) the dilutive impact on our stockholders resulting from the issuance of equity securities in connection with the acquisition of ALICO or otherwise;
    (16) economic, political, currency and other
    risks relating to our international operations, including with respect to fluctuations of exchange rates;
    (17) ourprimary reliance, as a holding company, on dividends from our subsidiaries to meet debt payment obligations and
    the applicable regulatory restrictions on the ability of the subsidiaries to pay such dividends;
    (18) downgrades in our claims paying ability, financial strength or credit ratings;
    (19) ineffectiveness of risk management policies and
    procedures;
    (20) availability and effectiveness of reinsurance or indemnification arrangements, as well as default or
    failure of counterparties to perform;
    (21) discrepancies between actual claims experience and assumptions used in
    setting prices for our products and establishing the liabilities for our obligations for future policy benefits and
    claims;
    (22) catastrophe losses;
    (23) heightened competition, including with respect to pricing, entry of new competitors, consolidation of distributors, the development of new products by new and existing competitors,
    distribution of amounts available under U.S. government programs, and for personnel;
    (24) unanticipated changes in MetLife Bank offers reverse mortgages with interest rates that may be lower than other lenders. I can help you understand the options available to you and what value they can bring to your situation.

    Fixed-Rate Home Equity Conversion Mortgage: Lock in an interest rate for the entire life of your loan and take 100% of your funds at closing with a fixed-rate Home Equity Conversion Mortgage (HECM). With this government-insured loan, you will always know exactly how much interest is accruing on your reverse mortgage — and eliminate any worry that the rate may increase.

    Adjustable-Rate Home Equity Conversion Mortgage:
    The adjustable-rate Home Equity Conversion Mortgage (HECM) is also government insured — but may provide you with greater flexibility, because it generally provides more options for you to receive your reverse mortgage proceeds (e.g., as a line of credit, monthly payment, lump sum, or a combination of these). And the adjustable-rate HECM may be offered at lower interest rates.

    HECM Saver Reverse Mortgage: This lower-cost reverse mortgage requires significantly less in up-front costs as compared to the HECM Standard reverse mortgage. As a result, HECM Saver can save the average homeowner age 62 and older thousands of dollars. The amount of money that can be borrowed is less than with the HECM Standard, but the lower up-front costs may make it an attractive option. See how HECM Saver compares.

    Home Equity Conversion Mortgage for Purchase: A Home Equity Conversion Mortgage (HECM) for Purchase helps you purchase a home by taking out a reverse mortgage on that home. It’s applicable for the purchase of a one- to four-family dwelling unit, to be occupied as a principal residence only. It could help you move to a home that will better fit your future needs.

    Whatever product you select, I can provide you with information and assistance throughout the reverse mortgage process.

    Refinancing: One of the most often asked questions about reverse mortgages is: can they be refinanced? The answer is yes. And in fact, refinancing can be a useful option if your home increases in value — making more equity available for you to access. Please note that the appraised value of your home may affect your loan amount

    Please consult your personal representative for legal and/or tax advice. All loans are subject to property approval. Certain conditions and fees apply.

    Mortgage financing provided by MetLife Bank, N.A. Equal Housing Lender. Member FDIC. All Rights Reserved. PEANUTS © United Feature Syndicate, Inc
    industry trends;

    (25) changes in accounting standards, practices and/or policies;
    (26) changes in assumptions related to deferred policy acquisition costs, deferred sales inducements, value of business acquired or goodwill;
    (27) increased expenses relating to pension and postretirement benefit plans, as well as health care and other employee
    benefits;
    (28) exposure to losses related to variable annuity guarantee benefits, including from significant and
    sustained downturns or extreme volatility in equity markets, reduced interest rates, unanticipated policyholder
    behavior, mortality or longevity, and the adjustment for nonperformance risk;
    (29) deterioration in the experience of the “closed block” established in connection with the reorganization of Metropolitan Life Insurance Company;
    (30) adverse results or other consequences from litigation, arbitration or regulatory investigations;
    (31) inability to
    protect our intellectual property rights or claims of infringement of the intellectual property rights of others;
    (32) discrepancies between actual experience and assumptions used in establishing liabilities related to other
    contingencies or obligations;
    (33) regulatory, legislative or tax changes relating to our insurance, banking, international, or other operations that may affect the cost of, or demand for, our products or services, impair our
    ability to attract and retain talented and experienced management and other employees, or increase the cost or
    administrative burdens of providing benefits to employees;
    (34) the effects of business disruption or economic
    contraction due to disasters such as terrorist attacks, cyberattacks, other hostilities, or natural catastrophes, including
    any related impact on our disaster recovery systems, cyber-or other information security systems and management
    continuity planning;
    (35) the effectiveness of our programs and practices in avoiding giving our associates incentives to take excessive risks; and (36) other risks and uncertainties described from time to time in MetLife,
    Inc.’s filings with the SEC.

    MetLife, Inc. does not undertake any obligation to publicly correct or update any forward-looking statement if

    MetLife, Inc. later becomes aware that such statement is not likely to be achieved. Please consult any further
    disclosures MetLife, Inc. makes on related subjects in reports to the SEC.

  13. PMH FINANCIAL LLC
    REO CONDUIT FOR FANNIE MAE
    PMH FINANCIAL
    1621 18TH ST, SUITE 100, DENVER COLORADO 80202

    Kenneth C. Blevins, Jr.
    President and Chief Executive Officer
    Ken Blevins, president and CEO of PMH Financial, is a veteran in mortgage and default servicing with more than 20 years of experience in collections, foreclosure/bankruptcy, loss mitigation and real estate disposition. Blevins founded PMH Financial in 2005, a Special Servicer focused on purchasing, servicing, and maximizing recoveries on nonperforming loans and real estate owned assets. Blevins is responsible for providing strategic direction and has management accountability for the day-to-day operations PMH Financial, as well as the recent acquisition of the company by Stewart Lender Services in July 2011. Under his direction, Blevins drives all asset management operations to maximize asset value recovery and reduce loss severity through a strategy focused on customer service, integrated vendor partners and state of the art technology. Blevins has 14 years of direct operational experience in all facets of REO Asset Management having managed large national REO Disposition contracts for Fannie Mae, Freddie Mac, Wells Fargo, JP Morgan Chase, CitiFinancial, GMAC Mortgage and other various financial institutions. Blevins specialties include REO asset management, real estate investment, bulk REO acquisitions and distressed asset recovery and liquidation, and he has directed the resolution and liquidation of over ten billion in institutionally-owned residential real estate.

    Deborah Kaufman
    Chief Operating Officer

    Ms. Kaufman brings over 30 years of experience in all aspects of default management including collections, bankruptcy, foreclosure, loss mitigation, recovery and REO disposition. Prior to joining PMH in June 2010, Ms. Kaufman spent four years as the senior leader and Vice President for Loss Mitigation and Recovery for Specialized Loan Servicing. Prior to SLS, she was the Senior Vice President of Special Servicing operations concentrating on severely defaulted loan portfolios for Aurora Loan Servicing for three years. Prior to ALS, she was Vice President at HomEq Mortgage Services managing Loss Mitigation, Foreclosure, Bankruptcy and REO disposition for six years. She possesses cradle to grave default management expertise from day one collection through REO disposition or charge off and recovery functions.

    James F. Anthone, CPA
    Chief Financial Officer

    Mr. Anthone has 15 years of financial services experience in mortgage related industries. Before joining PMH Financial, Mr. Anthone was senior audit manager for Richey, May and Co., where he worked for thirteen years. The company was a nationally recognized CPA firm specializing in financial statement audits, income tax preparation and consulting for mortgage banking clients throughout the United States. In addition, the firm had clients in the financial services sector and commercial banking, as well as several other industries. He was active in the Colorado Mortgage Lenders Association during his tenure at Richey, May. Prior to joining Richey, May, Mr. Anthone worked in various accounting roles for a mortgage banker, a telecommunications company, a national window manufacturer and retailer and several other companies in various industries. He also owned his own retail business in Denver for nine years prior to pursuing his accounting degree. Mr. Anthone has been a licensed Certified Public Accountant in Colorado since 1995, and an active member of the Colorado Society of Certified Public Accountants and the American Institute of Certified Public Accountants.

    Cory Daniel
    Chief Information Officer

    Mr. Daniel has over 11 years of Information Technology experience. Additionally, Mr. Daniel has 9 years of experience designing and developing software applications for the real estate and mortgage industry. Mr. Daniel’s expertise in developing software applications for the real estate industry began 8 years ago at Matrix Asset Management (MAM). At Matrix Asset Management, Mr. Daniel pioneered the development of a web-based REO asset management application. The application streamlined the asset management process meanwhile providing clients access to data, documents and images related to their assets over the world-wide web. In 2003, MAM was acquired by First American Corporation where Mr. Daniel served as Director of Information Technology and managed software development and networking teams.

    Deborah Holm
    Vice President, Client Relations

    Deborah is a 17-year veteran of the industry including Default/REO, Title Insurance and Real Estate. She has extensive knowledge of the REO disposition process from Pre-Foreclosure through close of Escrow along with in-depth knowledge of Real Estate and REO related forms, addendums, REO title closing and offer negotiation. Deborah has the unique ability in working directly with clients to assess needs and work on driving performance metrics with the operations team. She has worked previously for First American including positions of client relations, national default sales, REO/FC title management and previously sold REO properties as a licensed realtor in Utah.

    Jason Fischer
    Vice President, Vendor Management

    Mr. Fischer has over 9 years of experience in mortgage default servicing and management with focus primarily on Loss Mitigation and REO disposition. Prior to joining PMH Financial, Mr. Fischer was Outsource Manager for Aurora Loan Services, where his team was responsible for the performance of asset management partners. During his tenure the REO portfolio grew from 3,000 to 15,000 assets. Prior to ALS, he assisted in the set up of the Special Servicing Department responsible for assisting borrowers with alternatives to foreclosure. In addition, Mr. Fischer has set up a call center focused on all facets of mortgage default servicing, but primarily supporting back office Loss Mitigation functions for JPMorgan Chase.

    Brad Hoelting
    Vice President, Valuation Services

    Mr. Hoelting has more than 16 years of valuation and mortgage-related experience including appraisal, loan servicing and loan origination. Mr. Hoelting is responsible for managing and developing valuation products, including Broker Price Opinions, Appraisals, Automated Valuation Models and Reconciliations. Mr. Hoelting most recently served as a Risk Manager with GMAC in charge of valuing assets for Loan Servicing, REO, Principal and Investment Activities, Correspondent Lending, Warehouse Lending and Loan Origination. In this capacity, his group processed an average of 15,000 valuations per month. Mr. Hoelting was instrumental in designing a system to make GMAC loan origination appraisals independent of the mortgage originator and compliance with HVCC. Mr. Hoelting’s technical expertise and analytical skills have helped him to continue to develop risk models to identify properties with valuation concerns.

    Ami White
    Vice President, Business Analytics

    Ms. White has 23 years of mortgage and default servicing experience including Originations, Foreclosure, Bankruptcy and REO management. Ms. White spent 17 years with SunTrust Mortgage and 3 years with Lehman Brothers in their Servicing Divisions with her primary roles pertaining to Project Management, Process Improvement, Business Analytics and Financial Reporting. Ms. White has been responsible for corporate joint venture initiatives, commissioning new US Servicing sites, process improvements to minimize corporate procedural risks while optimizing performance, financial reporting on loss projections for non-performing portfolios, forecasting loan performance to aide in the pricing of loan acquisitions and sales, operational performance reporting and trending analytics.

    Kelly Buice
    Vice President, Human Resources

    Ms. Buice has over 14 years of industry related and Human Resource experience. Ms. Buice has proven experience collaborating with senior management to conduct human resources strategic planning in order to support and further corporate goals. Ms. Buice possess a broad knowledge of Human Resources in a variety of sectors including union and non-union environments and Fortune 500 companies with a large number of exempt and non-exempt employees. Ms. Buice demonstrated experience in initiating cost containment strategies resulting in significant savings company wide. Kelly Buice has an excellent ability to address and implement strategic plans for talent acquisition, retention and succession planning. Ms. Buice’s comprehension of the financial industry over the past seven years has played a crucial role in the development of PMH Financial’s staff.

    John Briggs
    Vice President, Sales and Marketing

    Mr. Briggs has been involved in mortgage industry sales for the past 14 years. Originally in secondary market whole loan trading, Mr. Briggs has used this experience and relationships to grow his previous company, Matrix Asset Management and currently PMH Financial into a market leader. During Mr. Briggs stint with both companies, he was able to quadruple the assets under management while still focusing on purchasing notes and properties as principle. Mr. Briggs team also focuses on PMH Financial’s supportive lines that included Servicing, BPO, and Commercial disposition/workout.

    Chad Berreth
    Vice President, Sales and Marketing

    Mr. Berreth’s 15 years of mortgage industry experience began in mortgage origination with both operational and sales experience in all three of the traditional production channels; retail, wholesale and correspondent. Following his time in mortgage origination, Mr. Berreth spent five years with the Murrayhill Company, a provider of Credit Risk Management and consulting services to the mortgage-backed securities industry. In his roles at the Murrayhill Company Mr. Berreth was involved in new business development, product development, process improvement, contract negotiation and client management for and with many leading investment banks including, Lehman Brothers, Morgan Stanley, Merrill Lynch, Bear Stearns, and JP Morgan Chase. Most recently Mr. Berreth worked in VP level sales and marketing roles for Veros Real Estate Solutions and Sparta Special Servicing, an automated property valuation/real estate market forecasting firm and a residential mortgage servicer respectively.

    Ann Potarf
    Vice President, Corporate Training

    Ann has over 11 years of industry related and corporate training experience, including Default, Bankruptcy, Foreclosure, and REO management. Ann has developed and implemented the training program at PMH Financial. Ann has proven experience joining forces with upper management to build a strategic training program. She is training in all areas of default, foreclosure, bankruptcy, REO management, REO disposition, Loss Mitigation, and Valuations. In addition Ann trains all new employees on reporting and the software platforms that are utilized by the staff. Ann is an experienced corporate trainer in all facets of Default Servicing.

    Brandon C. McKnight
    Vice President, Internet Marketing

    Mr. McKnight brings a broad array of experience to PMH Financial from investment banking to commercial development. He has also been involved in various areas of real estate and technology for over a decade, with in-depth experience in loan origination, servicing, risk management and product development. Prior to joining PMH Financial, Mr. McKnight served as Vice President of Operations and Data Acquisition for Claremont Information Systems, a real estate technology company focused on foreclosure data and analytics. During this time Mr. McKnight was instrumental in all areas of the company from product creation to sales and marking. Mr. McKnight also has a J.D. from the University Of Colorado Law School.

    Kyle Cascioli
    Portfolio Manager, Commercial Real Estate

    Mr. Cascioli is both an accomplished real estate practitioner and an adjunct faculty member at the Franklin L. Burns School of Real Estate, in the Daniels College of Business, at the University of Denver (DU). His empirical track record of success includes brownfields acquisition and redevelopment with LandBank, retail development with the Trammel Crow Company, industrial leasing and office property brokerage with firms including CBRE, The former Staubach Company, and Julien Studley. A recognized pioneer in the repositioning and redevelopment of functionally obsolete and distressed real estate, Mr. Cascioli has been directly responsible for the successful repositioning and redevelopment of over 8 million square feet of retail, office, industrial, and residential product nationwide. Additionally, he has consummated repositioning lease and sales transactions in excess of $100 million while sourcing debt & equity in support of many of these transactions. During the course of his career he has provided consulting services that include commercial property repositioning, due diligence, debt & equity placement, real estate brokerage, excess and surplus property disposition, auctioning, and academic research. His consulting work has been on behalf of companies and entities that include: Arter & Hadden, First Union Real Estate Investments, GE Capital, Matrix Financial, Maxtor, The Pyne Companies, Perlmutter Development, Qwest, Radiant Partners, The Staubach Company, Julien Studley, Trammell Crow, WhitestoneREIT, and the cities of Littleton and Englewood, Colorado. Cascioli holds real estate brokers licenses in Colorado and Texas and is a registered appraiser in Colorado.

  14. Mary

    Good luck to you Amy and JM with your cases, I have been assigned a new
    team the law firm obtained one for me this way we are assured we are
    working with people that want to help, Nye Levalle have been out there
    a long time he sees the how picture too, and so does Nick Verbitasky
    and they don’t come with these hided deals just as the banks did to us.

  15. Like I said I am dreamer wew you know I had a dream about you although
    I have never seen you but I now our encounter has made you sad and hurt
    feeling as if you have failed for that I apologize because I wanted to
    you know and when you tried to tell me I would not allow myself to be
    free to except what you were saying even if it needed to be said over
    and over until I got God show me I was wrong I have to let you tell me
    because you know what you know just like our spirit when someone speaks
    the truth it gives us confirmation thru chills as means of its presence.

    I am sorry because I was focus on mainting myself without respecting
    you, I apologize because thats not what I am about but tonight GOd has
    made to feel your hurt and pain be except my apology I never meant to
    hurt or make you feel like a failure I deeply apologize.

    Love and light

    Elizabeth

  16. TRILLIONS LOOTED …. HAVE BEEN FOUND !!! https://sites.google.com/site/thewesternbankamericantitle/

    The TRUTH IS FHLBB Has Been In This Mess For Decades with the title Insurers. OH BTW Giuse Who’s Offices were In WTC 7 Uh Huh That’s Rather Odd Huh and SEC and Well Lets Look

    Federal Home Loan Bank 47490 22 Financial Institutions

    Securities & Exchange Commission 106117 11, 12 ,13 Financial Institutions

    http://en.wikipedia.org/wiki/List_of_tenants_in_Seven_World_Trade_Center

    Companies
    47 —
    46 Salomon Smith Barney
    45 Salomon Smith Barney
    44 Salomon Smith Barney
    43 Salomon Smith Barney
    42 Salomon Smith Barney
    41 Salomon Smith Barney
    40 Salomon Smith Barney
    39 Salomon Smith Barney
    38 Salomon Smith Barney
    37 Salomon Smith Barney
    36 Salomon Smith Barney
    35 Salomon Smith Barney
    34 Salomon Smith Barney
    33 Salomon Smith Barney
    32 Salomon Smith Barney
    31 Salomon Smith Barney
    30 Salomon Smith Barney
    29 Salomon Smith Barney
    28 Salomon Smith Barney
    27 Salomon Smith Barney, Standard Chartered Bank
    26 Salomon Smith Barney, Standard Chartered Bank
    25 Salomon Smith Barney, Internal Revenue Service Regional Council
    24 Salomon Smith Barney, Internal Revenue Service Regional Council
    23 Salomon Smith Barney, New York City Office of Emergency Management
    22 Salomon Smith Barney, Federal Home Loan Bank
    21 Salomon Smith Barney, First State Management Group, Inc, ITT Hartford Insurance Group
    20 Salomon Smith Barney, ITT Hartford Insurance Group
    19 Salomon Smith Barney, ITT Hartford Insurance Group, NAIC Securities
    18 Salomon Smith Barney, Equal Employment Opportunity Commission
    17 —
    16 —
    15 —
    14 —
    13 Salomon Smith Barney, Provident Financial Management, American Express Bank International, Securities & Exchange Commission, Standard Chartered Bank
    12 Securities & Exchange Commission
    11 Securities & Exchange Commission
    10 U.S. Secret Service, Standard Chartered Bank
    9 U.S. Secret Service
    8 American Express Bank International
    7 American Express Bank International, Provident Financial Management
    6 Salomon Smith Barney
    5 Salomon Smith Barney
    4 Salomon Smith Barney
    3 Salomon Smith Barney
    2 Salomon Smith Barney
    1 Salomon Smith Barney
    G Salomon Smith Barney

  17. FEDERALHOME LOAN BANKS (SM) 1/10/1997
    aka FHLBank System nationwide
    banking services; correspondent banking services; and financial services, namely, wholesale lending to its member institutions
    (REGISTRANT)
    Federal Home Loan Bank of Indianapolis
    NATIONAL CHARTER,
    A GOVERNMENT SPONSORED ENTERPRISE
    AND INDEPENDENT WHOLESALE BANK
    UNITED STATES
    8250 Woodfield Crossing Boulevard
    Indianapolis INDIANA 46240

    FEDERAL HOME LOAN BANK
    “Mortgage Partnership Finance”, “MPF Shared Funding”, “MPF” and “eMPF” are registered trademarks of the Federal Home Loan Bank of Chicago

    FHLBACCESS (SM) LIVE 22/20/2002; FHLBANK Atlanta (SM) live 3/4/2003
    Financial services, namely money lending; banking services, online banking services
    (REGISTRANT) Federal Home Loan Bank of Atlanta CORPORATION UNITED STATES 1475 Peachtree Street NE Atlanta GEORGIA 30309
    Attorney of Record Daniele E. Bourgeois, Esq

    FEDERAL HOME LOAN BANK SEATTLE (sm) live 4/3/2002
    financial services, namely providing funding to member financial institutions for financing mortgage, small business and other loans

    FEDERAL HOME LOAN BANK OF DALLAS (SM) 1/5/1997
    Banking Services, Financial Services, Information Processing Services; Banking Services, Financial Management, Financial Information provided by electronic means;
    (APPLICANT)
    Federal Home Loan Bank of Dallas CORPORATION UNITED STATES P.O. Box 619026 Dallas/Ft. Worth TEXAS 752619026

    – MONEY DESK (sm) 1/16/1998
    FEDERAL HOME LOAN BANK OF DES MOINES
    CORPORATION UNITED STATES
    907 Walnut Street Des Moines IOWA 50309
    12/27/2000

    Run Query of REPO Advances. Ran report and REPO Advances 3/01/2001 1-Week to 6 Month 5.78 to 6.38
    9/17/2007 1-Week to 6 Month 5.27 to 5.04
    3/01/2012 1-Week to 6 Month 0.36 to 0.48

    Amortizing Advance Rates:
    Rate indications are available for amortizing advances with amortization periods of up to 30 years, terms up to 20 years, various payment frequencies and embedded options to prepay the advance without prepayment fee after a period of time selected by you. Call the Money Desk

    Daily Rates:
    Community Investment Advance Rates and information about other Home Loan Bank advance products, please contact the Money Desk at 800.544.3452 ext. 1013.
    FHLB Des Moines publishes daily

    © 2007, Federal Home Loan Bank of Des Moines. All Rights Reserved. Your Access and use of this site confirms that you agree to the Terms Of Use. Federal Home Loan Bank of Des Moines, Skywalk Level, 801 Walnut Street, Suite 200, Des Moines IA 50309-3513; 800.544.3452.

    ADVANCING YOUR SUCCESS(sm) LIVE
    financial analysis and consultation
    Attorney of Record Gregory S. Kurey
    REGISTRANT
    Siegfried Group, LLP, The composed of Siegfried and Associates, Chartered, a Delaware corporation and William H. Schieffer and Paul C. Seitz, both U.S. citizens LIMITED LIABILITY PARTNERSHIP DELAWARE Suite 1601 1201 Market Street Wilmington DELAWARE 19801
    Advancing Your Success™ is a registered trademark of the Siegfried Group, LLC, and is under license

    Since 12/30/1996
    FEDERAL HOME LOAN BANK OF NEW YORK FIRST HOME CLUB
    banking services, namely, providing cash grants through participating local lending institutions to first-time home buyers for down payments of residential purchases and for closing costs associated with residential purchases.
    Federal Home Loan Bank of New York FEDERALLY CHARTERED BANK UNITED STATES 101 Park Avenue New York NEW YORK 10178

    Since 12/30/1996 who gets the grants? Lending Institutions who fund 1st time homebuyers equity and lines of credit …hmmmm

  18. IMPORTANT INFORMATION FROM SEC IN WHICH STEPHEN MORRISON ESQ. INCORPORATOR CREATES MULTIPLE CORPORATE RESOLUTIONS. THIS ONE ‘SERVICER NISTAR FOR ‘FREDDIE MAC CERTIFICATES/INVESTORS’ AND FANNIE MAE SERVICERS MORTGAGE LOANS

    ALL PROPERTIES SINCE SOLD TO CONSUMERS WITH OBLIGATIONS ATTACHED TO PROPERTY FROM SAVING AND LOAN BAIL OUT. SERVICER PURCHASES PROPERTY FIRST IN SECRET CLOSING IN ORDER TO SELL ‘MORTGAGE LOAN’ RIGHT USING ‘EXCEPTION’ TO DUE ON SALE CLAUSE. SADLY, ALL EXISTING OBLIGATIONS, ENTITLEMENTS, ENCUMBRANCES, LIENS, RESTRICTIONS HIDDEN FROM CONSUMER. CONSUMER SOLD ‘MORTGAGE LOAN IN EXCHANGE FOR ‘DEED’ AND ADVANCED ESCROW FOR ‘INDIVIDUAL VARIABLE RIDER/NOTE INVESTMENTS, AND OTHER PRODUCTS THE ‘ESCROW’ SALES TEAMS MISREPRESENT PRODUCTS, CONCEAL BENEFITS, AND TAKE THIRD PARTIES TAKE POSSESSION OF PROPERTY THROUGH DECEPTIVE ACTS, AND UNFAIR SEIZURE OF ASSETS. FURTHER, NO REGULATION IN SECONDARY MARKET RELATED TO TYPES OF TRANSACTIONS RESULTED IN EGREGIOUS ACTS OF PREDATORY LENDING AND UNCONSCIONABLE LAUNDERING OF CASH OUT OF PENSION/MUNICIPAL/PRIVATE TRUST FUNDS DURING THE PREFUNDING OF SERVICER MORTGAGE LOANS IN WHICH THE MORTGAGE LOAN COLLECTION RIGHTS WERE TRANSFERRED TO CONSUMER.

    NORWEST INTEGRATED STRUCTURED ASSETS, INC.
    7485 NEW HORION WAY
    FREDERICK MD 21703

    FILING COMMISSION: 333-17801

    NORWEST STRUCTURED ASSETS, INC
    5325 SPECTRUM DRIVE
    FREDERICK, MARYLAND 21703
    12/31/1996

    LAWRENCE D. RUBENSTEIN, ESQ.
    VICE PRESIDENT AND GENERAL COUNSEL
    NORWEST STRUCTURED ASSETS, INC.
    C/O NORWEST MORTGAGE, INC.
    343 THORNALL STREET, 5TH FLOOR
    EDISON, NEW JERSEY 08837
    (908) 906-3909
    (Name and address of agent for service)

    JORDAN M. SCHWARTZ, ESQ.
    CADWALADER, WICKERSHAM & TAFT
    100 MAIDEN LANE
    NEW YORK, NEW YORK 10038
    (212) 504-6000

    NORWEST STRUCTURED ASSETS, INC. 12/12/1996
    IRIS: 5202009776
    NORWEST INTEGRATED STRUCTURED ASSETS INC.
    REGISTRANT OFFICE ADDRESS
    C/O NORWEST BANK MINNESTOA NJ
    11000 BROKEN LAND PARKWAY
    COLUMBIA MARYLAND 21044

    MAILING ADDRES
    C/O NORWEST STRUCTURED ASSETS INC.
    5325 SPECTRUM DRIVE
    FREDERICK MD 21703

    REGISTRATION STATEMENT:

    CORRESPONDENTS OF NORWEST MORTGAGE
    UNDERLYING SERVICE AGREEMENTS
    ASSIGNED TO EACH TRUST ESTATE
    SERVICERS OBLIGATED UNDER CERTAIN CIRCUMSTANTIES TO ADVANCE DELINQUENT PAYMENTS OF PRINCIPAL AND INTEREST WITH RESPECT TO THE MORTGAGE LOANS.

    NORWEST BANK MINNESOTA, NA, AS MASTER SERVICER, IS A DIRECT, WHOLLY OWNED SUBSIDAIRY OF NORWEST CORP AND IS AN AFFILIATE OF SELLER AND NORWEST MORTGAGE INC. CONDUIT WILL PROVIDE ADMINISTRATIVE SERVICES WITH RESPECT TO THE CERTIFICATES, PROVIDE REPORTS TO TRUSTEE REGARDING MORTGAGE LOANS AND CERTIFICATES;
    TRUST ESTATE A REMIC
    REAL ESTATE MORTGAGE INVESTMENT CONDUIT

    Mortgage Loans were originated by Norwest Mortgage Correspondents who were permitted to use their own underwriting criteria based on a review of such criteria by Norwest Mortgage (“Institutional Conduit Correspondents”)

    Institutional Conduit Correspondents or by the originators in connection with Bulk Purchase Underwritten Loan

    MERRILL CORP – TRANSFER AGENT aka Filing Agent

    Pooling & Servicing Agreement

    NORWEST MORTGAGE CORRESPONDENTS:
    AND PRUDENTIAL HOME MORTGAGE CORPORATION ‘PHMC’.

    The entities, other than PHMC, listed on the Mortgage Loan Schedule, from which Norwest Mortgage purchased the Mortgage Loans

    MORTGAGE LOANS Reviewed by United guaranty Residential Insurance Company “UGRIC” insure compliance with credit…

    Certain of the MORTGAGE LOANS reviewed by General Electric Mortgage Insurance Corp (“GEMICO”)

    “Mortgage Note: The nore or other evidence of indebtedness evidencing the indebtedness of a Mortgagor under a Mortgage Loan together with any related Mortgage Loan Riders, if applicable.

    MORTGAGOR: The obligor on a Mortgage Note

    MORTGAGE LOANS: Each of the mortgage loans transferred and assigned to the Trustee on the Closing Date and any mortgage loans substituted, each case as from time to time are included in Trust Estate as identified in the Mortgage Loan Schedule.

    NORWEST INTEGRATED STRUCTURED ASSETS, INC. “NISTAR” (sm) – SERVICER FOR NORWEST MORTGAGE, INC. AND NORWEST ASSET SECURITIES CORP, DIRECT SERVICER FOR FREDDIE/FANNIE. DEFINITIONS VERY IMPORTANT RELATED TO CONCEALMENT CONSUMERS SOLD ‘SERVICERS’

    “SERVICING AGREEMENT’ 12/31/1996:
    This Servicing Agreement, made as of this day (Agreement”), between Norwest Mortgage, Inc., a California corporation (the
    “Servicer”) and Norwest Bank Minnesota, National Association, a national banking association, (the “Master Servicer”), recites and provides as follows:

    RECITALS: WHEREAS, the Servicer is engaged in the business of servicing residential mortgage loans and the Servicer desires to be retained to service the Mortgage Loans identified on Schedule I hereto subject to and in accordance with the terms of this Agreement; and NOW THEREFORE, in consideration of the mutual promises, covenants, representations and warranties hereinafter set forth, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Servicer and the Master Servicer agree as follows:

    WHEREAS, the Servicer will service the Mortgage Loans identified on Schedule I hereto as Group I Mortgage Loans from its mortgage loan servicing facilities in locations other than Frederick, Maryland and will service the mrtgage Loans identified on Schedule I hereto as Group II Mortgage Loans from its mortgage loan servicing facilities located in Frederick, Maryland; and

    SERVICER: Norwest Mortgage, Inc., the entity that has entered into this Agreement with the Master Servicer and any successors or assigns of Norwest Mortgage, Inc..

    SERVICER LOAN MORTGAGE NUMBER: A unique number assigned by the Servicer to a Mortgage Loan.

    TRANSFER OF OWNERSHIP: Includes, but is not limited to, the
    conveyance of a Mortgaged Property, whether legal or equitable, voluntary or involuntary, by any of the following methods:

    (a) outright sale;
    (b) deed;
    (c) installment sale contract;
    (d) land contract;
    (e) contract for deed;
    (f) leasehold interest with the term greater than three years;
    (g) lease with option to purchase;
    (h) land trust; or
    (i) any other conveyance of an interest in real property, including
    those involving secondary financing.

    DUE-ON-SALE CLAUSE: The clause in a Security Instrument requiring the payment of the Unpaid Principal Balance of the related Mortgage Loan upon the sale of, or the transfer of an interest in, the related Mortgaged Property.

    EXEMPT TRANSACTIONS. (a) The Servicer shall not be required to enforce the due-on-sale (or transfer) provision of this Agreement for certain types of property transfers or related transactions. The Servicer shall process these exempt transactions without the approval or notification of the Master Servicer. In each case, the Mortgaged Property shall remain subject to the lien of the related Mortgage Loan, and each transferee or grantee described below shall take subject to such lien. The following transactions shall be deemed to be exempt transactions and shall
    require the review and approval of the Servicer only prior to transfer:

    DUE-ON-SALE CLAUSE ENFORCEMENT

    ENFORCEMENT REQUIREMENT. The Servicer is required to enforce the Due-on-Sale Clause on any Mortgage Loan to the extent permitted by applicable law upon the transfer of title of the related Mortgaged Property unless (a) a Mortgage Loan is assumable pursuant to the terms of the related Mortgage Note Assumption Rider, or (b) enforcement of the Due-on- Sale Clause will jeopardize the Primary Mortgage Insurance coverage on such Mortgage Loan.

    LITIGATION CONSIDERATIONS. Where, in the Servicer’s judgment, the issue of enforceability is reasonably expected to be litigated, the Servicer shall obtain the written consent of the Master Servicer before enforcing any Due-on-Sale Clause.

    TRUST ADMINISTRATOR: If applicable, the trust administrator specified in the Pooling and Servicing Agreement, its successors and assigns.

    TRUSTEE: The trustee specified in the Pooling and Servicing
    Agreement, its successors and assigns.

    VALUE: The lesser of the appraised value or sales price of the
    related Mortgaged Property at the time the Mortgage Loan is closed. For a refinanced Mortgage Loan, the Value of the related Mortgaged Property is its appraised value at the time the refinanced Mortgage Loan is closed.

    APPRAISAL REPORT: A report setting forth the fair market value of a Mortgaged Property as determined by an appraiser who, at the time the appraisal was conducted, met the minimum qualifications of FNMA and FHLMC for appraisers of conventional residential mortgage loans.

    PRELIMINARY TITLE REPORT: A report issued by a title insurance company in anticipation of issuing a Title Insurance policy which evidences existing liens and gives a preliminary opinion as to the absence of any encumbrance on title to a Mortgaged Property, except liens to be removed on or before purchase or refinance, as the case may be, by the Borrower and Permitted Encumbrances

    PRIMARY MORTGAGE INSURANCE: Insurance obtained from a Primary Mortgage Insurer which insures the holder of a Mortgage Note against loss in the event the related Borrower defaults under such Mortgage Note or the related Security Instrument, including all riders and endorsements thereto.

    PRIMARY MORTGAGE INSURER: With respect to any Mortgage Loan, the insurer under the Primary Mortgage Insurance policy relating to such Mortgage loan.

    TITLE INSURANCE: An American Land Title Association (ALTA) mortgage loan title policy form 1970, or other form of Title Insurance Policy acceptable to FNMA or FHLMC, including all riders and endorsements thereto, insuring that the Security Instrument constitutes a valid first lien on the related Mortgaged Property subject only to permitted encumbrances.

    FINAL TITLE CONDITION REPORT. A title condition report issued by American Land Title Company, Inc., a wholly-owned subsidiary of the Servicer, evidencing that according to the records of the county in which the Mortgaged Property is located, the Security Instrument is a valid first lien on the related Mortgaged Property subject only to permitted encumbrances.

    PERSON: Any individual, corporation, partnership, joint venture,
    association, joint-stock company, trust or unincorporated organization.

    AFFILIATE: Any person or entity controlling, controlled by or under common control with a specified entity. The term “control” means the power to direct the management and policies of a person or entity, directly or indirectly, whether through ownership of voting securities, by contract or otherwise. “controlling” and “controlled” shall have meanings correlative to the foregoing

    BORROWER: The individual obligated to repay a Mortgage Loan. (The Borrower may be the beneficiary or beneficiaries of an Illinois land trust when the Mortgaged Property is located in Illinois.)

    MORTGAGEE: The secured party to which a Security Instrument
    initially grants a lien on the related Mortgaged Property

    BALLOON AMOUNT: The remaining principal balance to be paid at
    maturity of a Balloon Loan by the related Borrower pursuant to the terms of the related Mortgage Note.

    BALLOON LOAN: A Mortgage Loan, if any, which amortizes its principal payments over a period which is longer than the stated maturity of such Mortgage Loan pursuant to the terms of the related Mortgage Note so as to require the payment of the Balloon Amount at maturity in order to retire the Mortgage Loan.

    MORTGAGE NOTE: A manually executed written instrument evidencing the related Borrower’s promise to repay a stated sum of money, plus interest, to the related Loan Originator by a specific date according to a schedule of monthly principal and interest payments. =

    LOAN ORIGINATOR: The entity that closes a Mortgage Loan in its own name.

    MORTGAGE NOTE ASSUMPTION RIDER: A rider attached to a Mortgage Note which states the terms upon which an Assumption may occur, including, but not limited to, consent in writing by the insurer under any Primary Mortgage Insurance Policy with respect to the related Mortgage Loan.

    ARM LOAN: A Mortgage Loan, if any, the Mortgage Interest Rate of which is subject to periodic adjustment in accordance with the terms of the related Mortgage Note.

    MORTGAGED PROPERTY: Land, improvements thereon and other property subject to the lien of a Security Instrument, which may include Co-op Shares or residential long-term leases, securing repayment of the debt evidenced by the related Mortgage Note.

    SERVICER MORTGAGE LOAN FILE: A file maintained by the Servicer for each Mortgage Loan that contains the documents specified in Section 9.2 “SERVICER MORTGAGE LOAN FILES, as well as any other documents that come into the Servicer’s possession with respect to a Mortgage Loan.

    ESCROW ITEM: An expense required to be paid by a Borrower under the related Security Instrument including, without limitation, taxes, special assessments, ground rents, water, sewer and other governmental impositions or charges that are or may become liens on the related Mortgaged Property prior to that of the related Security Instrument, as well as Hazard Insurance, Flood
    Insurance and Primary Mortgage Insurance premiums.

    CUSTODIAN: Initially, either the Trustee or, if applicable, the Trust
    Administrator, as specified in the Pooling and Servicing Agreement, and thereafter the custodian, if any, hereafter appointed by the Trustee or, if applicable, the Trust Administrator pursuant to Section 8.13 of the Pooling and Servicing Agreement.

    CUSTODIAL BUYDOWN ACCOUNT: An account maintained by the Servicer specifically to hold all Buydown Funds to be applied to individual Mortgage Loans.

    CUSTODIAL SUBSIDY ACCOUNT: An account maintained by the Servicer specifically to hold all Subsidy Funds to be applied to individual Mortgage Loans.

    CUSTODIAL PRINCIPAL AND INTEREST (P&I) ACCOUNT: An account maintained by the Servicer, specifically for the collection of principal and interest, Insurance Proceeds, Liquidation Proceeds and other amounts received with respect to Mortgage Loans.

    CERTIFICATE ACCOUNT: A segregated custodial account established by he Master Servicer into which the Servicer shall remit funds from the related Custodial P&I Account

    CUSTODIAL TAXES AND INSURANCE (T&I) ACCOUNT: An account maintained by the Servicer, specifically for the payment of real estate tax assessments and insurance premiums in respect of Mortgaged Property related to Mortgage Loans.
    OWNER MORTGAGE LOAN FILE: With respect to each Mortgage Loan, a file maintained by the Trustee or the Custodian for such Mortgage Loan, which file contains the documents specified in Section 9.1 hereof, as well as any other documents that come into the Custodian’s possession with respect to such Mortgage Loan.

    MORTGAGE LOAN DOCUMENTS:
    With respect to a Mortgage Loan, the original related Mortgage Note with applicable addenda and riders, the original related Security Instrument and the originals of any required addenda and riders, the original related Assignment and any original intervening related Assignments, the original related Title Insurance policy, related Primary Mortgage Insurance policy, if any, and the
    related Appraisal Report made at the time such Mortgage Loan was originated, and all other documents described in Article 9 hereof.

    ACH: Automated Clearing House.

    OFFICER: An officer of a corporation or a principal of a
    partnership, who is authorized to execute documents on behalf of his corporation or partnership, respectively

    MASTER SERVICER: Norwest Bank Minnesota, National Association, or any successors or assigns — will supervise, monitor and oversee the performance of the Servicer under this Agreement

    MASTER SERVICER LOAN NUMBER: A unique number assigned by the Master Servicer to each Mortgage Loan set forth in Schedule I

    ASSIGNMENT: The document which transfers all the rights of the
    secured party pursuant to a Security Instrument to a transferee for valid consideration.

    ASSUMPTION: The process whereby, on sale or transfer of a legal or neficial interest in a Mortgaged Property, the new owner of such Mortgaged Property becomes legally obligated under the terms of the related existing Security Instrument, Mortgage Note and any addenda and riders to such Security Instrument or Mortgage Note. Subsequent to the Assumption, the new owner of the roperty shall be deemed to be the Borrower under the related Mortgage Loan Documents.

    REAL ESTATE OWNED (REO): Any Mortgaged Property the title to which is acquired on behalf of the Trustee through foreclosure, deed-in-lieu of foreclosure, abandonment or reclamation from bankruptcy in connection with a defaulted Mortgage Loan.

    DIRECTLY OPERATE: With respect to any REO, the direct or indirect furnishing or rendering of services to the tenants thereof, management or operation of such REO, the holding of such REO primarily for sale to customers, performance of any construction work thereon or any use of such REO in a trade or business, in each case other than with the approval of the Master Servicer; provided, however, that the Servicer shall not be considered to Directly Operate an REO solely because it establishes rental terms, chooses tenants, enters into or renews leases, deals with taxes and insurance, or makes decisions as to repairs or capital expenditures with respect to such REO.

    REO DISPOSITION: The receipt by the Servicer of Liquidation Proceeds and other payments and recoveries (including proceeds of a final sale) from the sale or other disposition of the REO.

    LIQUIDATION: Application of full payment to a Mortgage Loan which results in the release of the lien of the related Security Instrument on any related Mortgaged Property, whether through foreclosure and sale of the related REO, condemnation, prepayment in full or otherwise, or the realization of all
    sums from the final disposition of the related REO

    GROUP I MORTGAGE LOANS: The Mortgage Loans identified on Schedule I as Group I Mortgage Loans.

    GROUP II MORTGAGE LOANS: The Mortgage Loans identified on Schedule I as Group II Mortgage Loans.

    NORWEST INTEGRATED STRUCTURED ASSETS, INC.-SERVICER

    Word Mark NISTAR
    Goods and Services IC 036. US 100 101 102. G & S:
    Registration, Issuance,
    Offer For Sale and Sale of Mortgage Asset-Backed Securities.
    FIRST USE: 19970401.

    NISTAR (sm) FIRST USE IN COMMERCE: 19970401
    Mark Drawing Code (1) TYPED DRAWING
    Serial Number 75420186
    Filing Date January 20, 1998
    Current Filing Basis 1A
    Original Filing Basis 1A
    Owner (APPLICANT)
    NORWEST MORTGAGE, INC.
    CORPORATION CALIFORNIA
    1 Home Campus
    Des Moines IOWA 503280001
    Attorney of Record BRIAN J LAURENZO
    Type of Mark SERVICE MARK
    Register PRINCIPAL
    Abandonment Date 4/1/1997 – April 7, 2000

    Norwest Integrated Structured Assets Inc · S-3 · On 12/13/96 · EX-10.1

    1: S-3 Registration Statement for Securities Offered
    Pursuant to a Transaction
    2: EX-1.1 Form of Underwriting Agreement
    3: EX-3.1 Certificate of Incorp. of Norwest Struct. Assets
    4: EX-3.2 By-Laws of Norwest Structured Assets
    5: EX-4.1 Form of Pooling & Servicing Agreement
    6: EX-5.1 Opinion of Cadwalader, Wickersham & Taft/Certif.
    7: EX-8.1 Opinion of Cadwalader, Wickersham & Taft/Tax 10K
    8: EX-10.1 Servicing Agreement
    9: EX-23.2 Consent of Coopers & Lybrand Reg. Fin. Security 6K

    Section 9.3 REQUISITE FORM

    9.3.1 FORM OF ENDORSEMENTS. Except where endorsements in blank are
    authorized by the Master Servicer, the Servicer shall require that endorsements
    of any Mortgage Notes comply with the following format:

    WITHOUT RECOURSE
    PAY TO THE ORDER OF
    [Trustee or, if applicable, Trust Administrator], AS
    [TRUSTEE][TRUST ADMININSTRATOR] under the pooling and servicing
    agreement dated as of [date],
    and its successors and assigns,

    Norwest Mortgage Inc.
    [Signature of Officer]
    [Officer’s Name and Title]

    9.3.2 FORM OF ASSIGNMENT. Except where assignments in blank are
    authorized by the Master Servicer, the Servicer shall require that assignments
    of any Security Instrument comply with the following format:

    [Trustee or, if applicable, Trust Administrator], , AS
    [TRUSTEE] [TRUST ADMINISTRATOR] under the pooling and servicing
    agreement dated [date],
    and its successors and assigns

    REFERENCE BANK: Norwest Bank Minnesota, National Association or if such entity is no longer lending money or no longer quoting a prime rate, such other entity as the Master Servicer may specify by written notice to the Servicer.

    RELEASE OF DOCUMENTS FROM OWNER MORTGAGE LOAN FILE. In the event any document contained in an Owner Mortgage Loan File is needed by the Servicer for the proper servicing of a Mortgage Loan, the Servicer must send to the Trustee or the Custodian, as the case may be, a request for release of documents. The Master Servicer hereby authorizes the Trustee or the Custodian, as the case may be, to release such Mortgage Loan Documents after receipt of such Servicer’s request (i) upon payment in full of such Mortgage Loan, (ii) when necessary for foreclosure or (iii) for such other cause as the Master Servicer deems appropriate, in its reasonable discretion. The Servicer shall be responsible for such Mortgage Loan Documents while they are in its possession and will be deemed to hold such Mortgage Loan Documents in trust for the benefit of the Trustee. If such Mortgage Loan has not been paid in full or otherwise liquidated, the Servicer shall promptly return such Mortgage Loan Documents when they are no longer required. Notwithstanding the foregoing, unless such Mortgage Loan has been liquidated or the related Mortgage Loan Documents have been delivered to an attorney, a public trustee or other public official in order to foreclose on the related Mortgaged Property, all such Mortgage Loan Documents released by the Trustee or the respective Custodian, as the case may be, must be returned within 21 calendar days after their release

    DELEGATION OF DUTIES:
    With Written Consent of the Master Servicer authorizing further delegations or the only servicing duties which the Servicer may elect to delegate, by agency, subcontract or otherwise, and the only categories of such delegees, are as follows:

    (a) professional collection agencies to perform those duites and function for the collection of delinquent amounts due on any Mortgage Loan that are customarily performed by such agencies in the locality where the related Mortgaged Property are located;

    (b) title insurance companies, escrow compaines and trust companies to issue or provide reports reflecting the condition of title to any Mortgage Property and services incidential to the foreclosure or acquistion in lieu of foreclosure of any Mortgaged Property, or the sale or dispostion of any Mortgaged Property acquired by the Servicer;

    (c) attorneys licensed to practice in the state where the related Mortgaged Property is located to perform customary legal services in connection with the foreclousre or acquistion of such Mortgaged Property or the sale or dispositon of such Mortgaged Property or the sale or dispostion of such Mortgaged Property acquired by the Servicer at or in lieu of foreclousre or for the collection of felinquent sums owned on any Mortgage Loan;

    (d) professional property inspection companies and appraisers to conduct routine inspections of, and provide written inspection reports on, any Mortgaged Property as required by this Agreement;

    (e) title companies, escrow companies and real estate tax service companies to provide periodic reports as to the amount of real estate taxes due on any Mortgaged Property and the due date or dates of each required installment;

    (f) credit bureaus or credit reporting companies to provide credit reports on Borrowers or persons who have applied to assume any Mortgage Loans;

    (g) construction companies, contractors and laborers to provide labor, materials and supplies necessary to protect, preserve
    and repair any Mortgaged Property as required by this Agreement;

    (h) lock box providers or payment processing administrators to provide payment processing services;

    (i) hazard insurance servicing companies to provide periodic reports as to the amount of hazard insurance premiums due on any Mortgaged Property and the Due Date or Due Dates of each required premium payment; and

    (j) such other third pary service providers as the Servicer, in accordance with Prudent Servicing Practices, may deem appropriate.

    All of the ‘Delegee’s – The Servicer shall assure each Person retained to provide any of these services is fully licensed, holds all required Federal, State or local governmental franchies, certificates and permits necessary to condut the business in which he is engaged and that such Person is reputable, knowledgeable, skilled and experienced and has the necessary personnel, facilities and equipment required to provide the services fo rwhich he is retained.

    Servicer responsible for costs and at Servicers expense and shall not be deemed to be an agent or representative of Trustee, its successors or assigns, or the Master Servicer or its successors or assigns.

    ARTICLE 9 MORTAGE LOAN FILE

    AND MUCH MORE INFORMATION
    OF FREDDIE MAC ‘MASTER LOAN PARTICIPATION CERTIFICATES’ AND FANNIE MAE SERVICER’S …

    http://www.secinfo.com/dRqWm.9sFg.7.htm#t2g3

    CREATE FREE ACCOUNT, LOGIN AND PASTE URL

    PURPOSE OF CORPORATION:
    NORWEST INTEGRATED STRUCTURED ASSETS, INC:

    3. The purpose for which the Corporation is organized is (a) to purchase or otherwise acquire, own, hold, sell, transfer, assign, pledge, finance, refinance and otherwise deal with (i) mortgage loans, certificates or other securities issued or guaranteed by the Government National Mortgage Association, (ii) mortgage loans, certificates or securities issued or guaranteed by the Federal National Mortgage Association, (iii) mortgage loans, certificates or other securities issued or guaranteed by the Federal Home Loan Mortgage Corporation, (iv) deeds of trust, mortgage loans, mortgage participations, mortgage pass-through
    certificates or collateralized mortgage obligations issued by any person or entity or other types of mortgage-related securities including residual interests, (v) direct obligations of, and obligations fully guaranteed by, the United States of America or any agency or instrumentality of the United States the obligations of which are backed by the full faith and credit of the United States of America, (vi) certificates representing interests in the principal and/or interest payable on any of the foregoing and (vii) such other securities and investments as may be permitted by or acceptable to the applicable nationally-recognized statistical rating agency or agencies referred to in subsection (b) of this Article 3; and (b) to issue, offer, sell and own one or more series of mortgage pass-through certificates, collateralized mortgage obligations, mortgage-backed bonds or other debt or equity securities (the “Securities”) representing ownership interests in, or collateralized by, any of the foregoing, related property and/or collections and proceeds in respect thereof; PROVIDED, HOWEVER, that the acts and activities and exercise of any powers permitted in subsections (a) and (b) of this Article 3 shall be limited solely to matters (1) related to the Securities or (2) related to such other similar transactions which do not result in a downgrade by the nationally- recognized statistical rating agency or agencies which will rate, upon issuance, each series of the Securities of the ratings accorded to such series of the Securities; and (c) to engage in any activity and to exercise any powers permitted to corporations under the laws of the State of Delaware that are incident to the foregoing and necessary or convenient to accomplish the foregoing.

    incorporator of the Corporation is Stephen D. Morrison, Esq.,
    whose mailing address is Norwest Mortgage, Inc., 405 S.W. 5th Street, Des
    Moines, Iowa 50309

  19. Wells Fargo Bank NA from financing trade on one’s own behalf to settling trades for others and then to holding deposits for settlement of “billette” or notes written by the people who were still brokering.

    QUESTOIN FOR DEPOSITONS:
    WHAT IS NAME OF THE ‘RETAIL’ INDIVIDUAL VARIABLE ANNUNITY/LOAN PRODUCTS YOU SOLD AND ATTACHED TO THE RIDER/NOTE?

    Federal Reserve Financial System Reports reveals that the
    Parent Wells Fargo & Co/MN (RSSD ID 1120754)
    Dba WFC HOLDINGS CORP.

    Wells Fargo & Co/MN operates with charter issued by Office of Comptroller of Currency Financial Holding Company,
    Seller of ‘mortgage loans’ in the secondary market and other equity and hedge fund products acts as global servicer of securities , Insurance, Real Estate, Banking provides capital to companies in forms which include share ownership instead of loans.

    A merchant bank may provide advisory on corporate matters to the firms they lend to.

    Today, according to the US Federal Deposit Insurance Corporation (acronym FDIC), “the term merchant banking is generally understood to mean negotiated private equity investment by financial institutions in the unregistered securities of either privately or publicly held companies.”

    Both commercial banks and investment banks may engage in merchant banking activities.

    Historically, merchant banks’ original purpose was to facilitate and/or finance production and trade of commodities, hence the name “merchant”.

    SHAREOWNER SERVICES …

  20. PREDATORY LENDING BY THIRD PARTY’S HARMED ECONOMY

    Word Mark WELLS FARGO (SM)
    Goods and Services IC 036. US 102. G & S:
    Banking and Trust Services.
    FIRST USE IN COMMERCE: 18520318
    Serial Number 72154936
    Filing Date October 10, 1962
    Registration Number 0779187
    Registration Date October 27, 1964
    Owner (REGISTRANT)
    WELLS FARGO BANK
    Jurisdiction: CALIFORNIA
    464 CALIFORNIA ST.
    SAN FRANCISCO CALIFORNIA

    (LAST LISTED OWNER)
    WFC HOLDINGS CORPORATION
    JURISDICTION: DELAWARE
    1700 WELLS FARGO CENTER
    MAC N9305-176
    SIXTH & MARQUETTE
    MINNEAPOLIS MINNESOTA 55479
    LEGAL Assignment Recorded
    Attorney of Record Felicia J. Boyd
    Prior Registrations 0074391
    Type of Mark SERVICE MARK
    Register PRINCIPAL
    Affidavit Text SECT 15. SECTION 8(10-YR) 20040113.
    Renewal 2ND RENEWAL 20040113
    Live/Dead Indicator LIVE

    AND

    WELLS FARGO HOME MORTGAGE (sm) LIVE
    BOTH WORDS AND PICTURE BLOCKS
    ‘WELLS FARGO’ ‘HOME MORTGAGE’
    Goods and Services IC 036. US 100 101 102. G & S:
    Mortgage Lending Services.
    FIRST USE IN COMMERCE: 20010417
    Filing Date September 20, 2001
    Published for Opposition September 17, 2002
    Registration Number 2658789
    Registration Date December 10, 2002

    Owner (REGISTRANT) Wells Fargo Home Mortgage, Inc.
    JURISDICTION: CALIFORNIA
    MAC X2401-06T
    1 Home Campus Des Moines IOWA 503280001
    (LAST LISTED OWNER)
    WELLS FARGO HOME MORTGAGE, A DIVISION OF WELLS FARGO BANK, N.A. N.A. 1 HOME CAMPUS MAC X2401-06T DES MOINES IOWA 503280001
    Assignment Recorded ASSIGNMENT RECORDED
    Attorney of Record Felicia J. Boyd
    Register PRINCIPAL
    Affidavit Text SECT 15. SECT 8 (6-YR).
    LIVE

    HOMESERVICES LENDING AN AFFILIATE OF WELLS FARGO HOME MORTGAGE, INC. (sm) Abandoned 1/29/2003
    Attorney of Record: Brian J. Laurenzo
    Mortgage Lending Services

    WELLS FARGO BANK DELIVERS (sm)
    10/12/1989 – Cancelled 5/12/1997
    Banking Services Namely Credit Card Services
    Attorney of Record: Richard E. Backus Esq.
    Wells Fargo & Co
    Delaware Corp
    420 Montgomery St
    San Francisco CA 94104

    Nottice the Wells Fargo Bank (SM)
    TRADE NAME’ PURCHASED
    WELLS FARGO BANK (sm)
    Banking & Trust Services
    First Use 4/9/1962
    Wells Fargo June 30, 1936 ‘Stage Coach’
    Registration Date 6/29/1965
    Wells Fargo Bank
    California Jurisdiction
    464 California St
    San Francisco CA
    DEAD
    1st Renewal 6/29/1985
    Filing Date 10/17/1962

    WELLS FARGO BANK AMERICAN TRUST COMPANY (SM)
    BANKING SERVICE
    FIRST USED 3/18/1852
    1/1/1927 First Use ‘American Trust;
    ‘Wells Fargo’ 6/30/1936
    Wells Fargo Bank American Trust Company
    Jurisdiction: CA
    464 California St
    San Francisco CA
    DEAD

    LIVE SERVICE MARK
    CIRCLE WITH ‘V’ in middle and other braches with leaves
    Wells Fargo Bank, N.A.
    national banking association
    1525 West W. T. Harris Blvd, Charlotte NC 28262
    first use 12/31/2003
    This logo was created with intent

    Wells Fargo Bank NA as LENDER? on all ‘Mortgages’ purchase real estate first in secret c/o REal Estate Attorney’s who act as TRUSTEE’s for SERVICERS Securities sales related to insurance, real estate, banking and all agents, dealers, brokers, distributors of valuation services conceal from consumer they are purchasing individual variable annunities / loan products and the beneficial interests are cashed in and reason new Assignment or Deed of Trust recorded in public domain to attach new lien/encumbrances/restrcitions, and through Summary Judgment get Real Estate Lawye Judge in Court of Equity to Clear Title for STATE!
    real estate development services in the field of mixed use communities, namely, commercial, retail, residential properties.
    First Use 12/31/2003 – Office of Comptroller of Currency approved merging Wells Fargo Home Mortgage, Inc. out of business May 2003. See Letter South Dakota Business Entity Inactive documents – OCC stated Wells Fargo Home Mortgage, Inc. could be merged out of existence as long as ‘Wells Fargo Bank NA’ mortgage corporation business done inside of ‘Wells Fargo Bank NA’ Was it? Does all of the retail sales of mortgage loans of third parties, and all of the sales of insurance individual variable annunities/loans products sold during Origination, Servicing and Defaults flow through Wells Fargo Bank, N.A.? What does the OCC mean?

  21. @Nancy
    @Joanne

    Nancy, will check and give a call. I’ve been off the net for 24 hours.

    Joanne,

    “How did you get the “discovery” – was it part of a case or on your own through requests or existing docs ect? ”
    Ans: Discovery of Documents. Adversary is a complaint in Bk. I am Plaintiff.

    “Can this be done outside of bankruptcy? I have wiring instructions showing funds received from a bank not named on DOT”

    Discover on the Title company. Ask for ABA wire, receipt in their (not your) escrow file. Then discover from the “lender”. They probably won’t give you anything as non party.

    . What else can be obtained outside of a court case? It seems to me naming that “lender” in a quiet title case might be an idea. If proven that the “lender” on DOT was not a “lender” seems like there is recourse – never heard what that would actually be. Isn’t it blatant fraud (even if it was “normal procedure”)?

    Court cases provide discovery. Very powerful tool that you do not have outside of court. Fraud? Now I’m back to my statement that the court doesn’t care without some effective prosecution method.

    That’s my non lawyer opinion.

  22. FILENET ‘CORPORTATE TRUST SERVICES’ OF WHICH BOTH ERNST & YOUNG & PCW AUDIT WELLS FARGO’S SEC SERVICER FILINGS OF REAL ESTATE OWNED PROPERTIES PURCHASED DURING SECRET CLOSINGS BY ‘REAL ESTATE LAWYERS’ WITH TRUSTEE POWERS WHO PURCHASE AND SELL ‘SECURITIZATION’ RECORDS BOOKED, EXITING ENCUMBRANCES, LIENS, AND RESTRICTIONS.

    IBM plans to use Ernst & Young to audit its Business Consulting Services unit AND UNLEASH ‘PWC CONSULTING’ FROM REGULATORY CONTRAINTS!

    ARMONK, NY AND NEW YORK, NY – 02 Oct 2002: IBM and PricewaterhouseCoopers today announced IBM’s acquisition of PwC Consulting, the global management consulting and technology services unit of PricewaterhouseCoopers. The deal was overwhelmingly approved by PricewaterhouseCoopers member firms and partners globally, and has received all regulatory clearances including in the United States and the European Union. Under terms of the transaction, IBM has paid PricewaterhouseCoopers approximately $3.5 billion in cash and stock.

    The combination creates a new global business unit, IBM Business Consulting Services, comprising more than 30,000 IBM and 30,000 transferring PwC Consulting professionals. As a result, IBM Business Consulting Services becomes the world’s largest consulting services organization, with operations in more than 160 countries. IBM Business Consulting Services will be part of IBM Global Services.

    “This union creates a new category in the consulting field. We’ve combined two organizations with complementary skills and cultures, and which share a vision of fusing business insight and technology in a way that can significantly benefit a client’s bottom line,” said Ginni Rometty, General Manager, IBM Business Consulting Services. “Together, we can offer the world’s most complete range of consulting services. Combine that with the full range of IBM services, infrastructure, technology and financing resources, and you have the integrated business technology solutions that many of our clients are now demanding.”

    Samuel A. DiPiazza, Jr., chief executive officer of PricewaterhouseCoopers, said, “With the closing of this sale, PricewaterhouseCoopers effectively completes the reorganization we began more than two years ago, and fulfills our commitment to unleash the consulting unit from the regulatory restraints of our industry. Combining PwC Consulting with IBM fully achieves the goals we set for the separation and it provides clients and our professionals with greater opportunities and access to innovative solutions. We wish our former colleagues all the best.”

    WELLS FARGO REVEALED TO ‘SEC’ 2004 IT’S ELECTRONIC REGISTATION TRANSFER AGENT IS FILE NET.

    ARMONK, NY – 12 Oct 2006: IBM (NYSE: IBM) today announced it has completed its acquisition of FileNet Corporation (NASDAQ: FILE), a publicly held company based in Costa Mesa, Calif.

    IBM announced a definitive agreement to acquire FileNet on August 10, 2006. FileNet’s operations will be integrated into IBM’s Information Management software business.

    IBM acquired FileNet to advance its Information on Demand initiative, IBM’s strategy for pursuing the growing market opportunity around helping clients capture insights from their information so it can be used as a strategic asset. FileNet is a leading provider of business process and content management solutions that help companies simplify critical and everyday decision making processes and give organizations a competitive advantage.

    With today’s announcement, IBM has completed 20 strategic acquisitions in support of its cross-company Information on Demand effort.

    Starting today, the thousands of customers using IBM and FileNet solutions have a comprehensive and powerful base of industry-leading content management products to build upon as they explore next-generation information management solutions.

    The FileNet acquisition enhances IBM’s ability to meet increasing client demand for a combination of content- and process-centric business process management capabilities, which is driven by changing governance and compliance mandates, as well as the need to integrate content-centric business processes with enterprise applications.

    IBM is integrating its business process management and service oriented architecture (SOA) technologies with the FileNet platform to allow customers to access content wherever it may reside and use it in the context of business processes. This will enable clients to achieve effective compliance, archiving and document retention. For more information, visit http://www.software.ibm.com/data.
    .
    FILENET INFORMATION: The early performance results on 2006 acquisitions are also very strong. In 2006, IBM invested almost $5 billion on 13 acquisitions, including the following larger acquisitions:

    FileNet ($1.6 billion)
    Internet Security Systems ($1.4 billion)
    Micromuse ($0.9 billion)
    MRO Software ($0.7 billion)

    http://www.ibm.com/investor/strategy/acquisitions.wss

    IBM closes Telelogic acquisition.

    With the Cognos acquisition, IBM gains a leadership position in the fast growing “business intelligence” software market

    Both Cognos and FileNet are examples of IBM’s cross-company “Information on Demand” initiative announced in February 2006. IBM is helping customers deal with highly competitive marketplace dynamics that are forcing organizations to quickly understand and analyze ever-increasing amounts of data – whether it’s digital, audio or video – to make better decisions faster. IBM’s approach calls for integrating data, content, information, business intelligence and performance management systems. By looking at data as something that can be mined as a strategic asset, information can be used for competitive advantage or to transform the way an organization conducts business.

    IBM’s approach to growing its software business — through acquisitions that drive growth — differs from competitors. IBM looks to integrate and leverage potential acquisitions, making certain it is the right technology with the right culture. By being very selective, IBM increases its chances that acquisitions will succeed. The following are some of the successful acquisitions IBM has made to promote its Information on Demand approach:

    Upon closing, the new IBM subsidiary will handle life and annuity policy processing for more than a dozen life insurance companies worldwide. Services offered by this new IBM organization will include contact center management, policy administration and claims processing. In this field, life insurance companies are seeking the ability to manage their portfolio of life insurance and annuity contracts more dynamically, in order to reduce cost, increase flexibility, improve customer satisfaction, and respond to new market opportunities.

    LIBERTY INSURANCE: The acquisition of Liberty Insurance Services Corporation by IBM allows us to focus on our core insurance businesses by leveraging the experience and technology of a leading third party administrator.”

    IBM and RBC Insurance today announced that IBM has agreed to acquire Liberty Insurance Services Corp. (LIS), the U.S. business process services and solutions operations of RBC Insurance. This acquisition will establish IBM as a leader in life insurance and annuity processing and administration, both in North America and globally. Financial terms of the deal, expected to close by December 31, 2004, were not disclosed.

    In addition, IBM and RBC Insurance have also agreed to enter into a long-term agreement for IBM to perform key business processes for RBC Insurance’s U.S. operations, including contact center management, policy administration, claims management and payment receipt and reconciliation.

    Following the acquisition, it is expected that approximately 700 LIS employees will remain and become part of a new subsidiary of IBM.

  23. Not all transactions are equal. Each company has attributes, charters, …

    Sheriff Sale for $100 clears title as related to securitizations – signed by the Judge as a lawyer, in what capacity? What attribute? A lawyer as a judge for employer the State? A real estate lawyer certified to purchase mortgage loan participation certificates? The LOOPHOLE related to REO’s and Judiciary. What all ‘perceive’ part of the law where Landlord perceived to be injured party. The other part – the Plaintiff sold the property by the Judge who is not an independent third party. Can’t believe how many of these judge’s names attached to commercial real estate deals.

    Look up in your state Sheriff Deed Sales, and the documents that provide Clear Title and list any Encumbrances, Liens, Restrictions.

    What are the defintions in your state. Maryland is the favored REIT LLC State and copied below from COMAR – State of Maryland Corporate Trust Services and Premier Asset Services dba Wells Fargo Bank NA:

    03.04.08.02

    .02 Definitions.
    A. In this chapter, the following terms have the meanings indicated.

    B. Terms Defined.

    (1) Banking institution.

    (a) “Banking institution” means a:

    (i) Commercial bank;

    (ii) Savings bank, except a savings bank chartered by the Office of Thrift Supervision;

    (iii) Trust company;

    (iv) Company that substantially competes with national banks in the State;

    (v) Credit company;

    (vi) Finance company, other than a finance company that makes loans only to farmers for agricultural purposes;

    (vii) International banking facility;

    (viii) Loan company;

    (ix) Mortgage company;

    (x) Safe-deposit company; or

    (xi) Savings and loan association.

    (b) “Banking institution” does not include:

    (i) A company licensed under the federal Small Business Investment Act of 1958;

    (ii) A corporation that elects to be taxed as a small business corporation under Subchapter S of the Internal Revenue Code;

    (iii) An entity that is a real estate mortgage conduit as defined in the Internal Revenue Code; or

    (iv) A limited liability company.

    (2) “Billing address” means the location indicated in the books and records of the taxpayer on the first day of the taxable year, or on a later date in the taxable year when the customer relationship began, as the address where any notice, statement, or bill relating to a customer’s account is mailed.

    (3) “Borrower or credit card holder located in this State” means a:

    (a) Borrower, other than a credit card holder, that is engaged in a trade or business which maintains its commercial domicile in this State; or

    (b) Borrower that is not engaged in a trade or business or a credit card holder whose billing address is in this State.

    (4) Commercial Domicile.

    (a) “Commercial domicile” means:

    (i) The headquarters of the trade or business; that is, the place from which the trade or business is principally managed and directed; or

    (ii) If a taxpayer is organized under the laws of a foreign country, or of the Commonwealth of Puerto Rico, or any territory or possession of the United States, the state of the United States or the District of Columbia from which the taxpayer’s trade or business in the United States is principally managed and directed.

    (b) It shall be presumed, subject to rebuttal, that the location from which the taxpayer’s trade or business is principally managed and directed is the state of the United States or the District of Columbia to which the greatest number of employees are regularly connected or out of which they are working, irrespective of where the services of the employees are performed as of the last day of the taxable year.

    (5) “Compensation” means wages, salaries, commissions, and any other form of remuneration paid to employees for personal services.

    (6) “Credit card” means a credit, debit, travel, or entertainment card.

    (7) “Credit card issuer’s reimbursement fee” means the fee a taxpayer receives from a merchant’s bank because one of the persons to whom the taxpayer has issued a credit card has charged merchandise or services to the credit card.

    (8) “Employee” means, with respect to a particular taxpayer, an individual who, under the usual common law rules applicable in determining the employer-employee relationship, has the status of an employee of that taxpayer.

    (8-1) “Financial institution holding company” means a financial institution whose:

    (a) Only activities are the maintenance and management of intangible investments, and the collection and distribution of income from intangible investments; and

    (b) Principal income is interest and dividends from one or more of the entities described in §B(1)(a)(v)—(xi) of this regulation.

    (9) Gross Rents.

    (a) “Gross rents” means the actual sum of money or other consideration payable for the use or possession of property.

    (b) “Gross rents” includes, but is not limited to:

    (i) Any amount payable for the use or possession of real property or tangible property whether designated as a fixed sum of money or as a percentage of receipts, profits, or otherwise;

    (ii) Any amount payable as additional rent or in lieu of rent, such as interest, taxes, insurance, repairs, or any other amount required to be paid by the terms of a lease or other arrangement; and

    (iii) A proportionate part of the cost of any improvement to real property made by or on behalf of the taxpayer which reverts to the owner or lessor upon termination of a lease or other arrangement.

    (c) Under §B(9)(b)(iii) of this regulation, the amount to be included in gross rents is the amount of amortization or depreciation allowed in computing the taxable income base for the taxable year. However, where a building is erected on leased land by or on behalf of the taxpayer, the value of the land is determined by multiplying the gross rent by eight, and the value of the building is determined in the same manner as if owned by the taxpayer.

    (d) “Gross rents” does not include:

    (i) Reasonable amounts payable as separate charges for water and electric service furnished by the lessor;

    (ii) Reasonable amounts payable as service charges for janitorial services furnished by the lessor;

    (iii) Reasonable amounts payable for storage, if the amounts are payable for space not designated and not under the control of the taxpayer; and

    (iv) That portion of any rental payment which is applicable to the space subleased from the taxpayer and not used by it.

    (10) Loan.

    (a) “Loan” means an extension of credit resulting from direct negotiations between the taxpayer and its customer, or the purchase, in whole or in part, of the extension of credit from another.

    (b) “Loan” includes participations, syndications, and leases treated as loans for federal income tax purposes.

    (c) “Loan” does not include:

    (i) Properties treated as loans under §595 of the Internal Revenue Code as in effect January 1, 1996;

    (ii) Futures or forward contracts;

    (iii) Options;

    (iv) Notional principal contracts such as swaps;

    (v) Credit card receivables, including purchased credit card relationships;

    (vi) Non-interest-bearing balances due from depository institutions;

    (vii) Cash items in the process of collection;

    (viii) Federal funds sold;

    (ix) Securities purchased under agreements to resell;

    (x) Assets held in a trading account;

    (xi) Securities;

    (xii) Interests in a REMIC, as defined in §860D of the Internal Revenue Code, or other mortgage-backed or asset-backed security; and

    (xiii) Other similar items.

    (11) “Loan secured by real property” means a loan in which 50 percent or more of the aggregate value of the collateral, when valued at fair market value as of the time the original loan was incurred, was real property.

    (12) “Merchant discount” means the fee or negotiated discount charged to a merchant by the taxpayer for the privilege of participating in a program by which a credit card is accepted in payment for merchandise or services sold to the card holder.

    (13) “Participation” means an extension of credit in which an undivided ownership interest is held on a pro rata basis in a single loan or pool of loans and related collateral. In a loan participation, the credit originator initially makes the loan and then subsequently resells all or a portion of it to other lenders. The participation may or may not be known to the borrower.

    (14) Principal Base of Operations.

    (a) “Principal base of operations” with respect to transportation property means the place from which that property is regularly directed or controlled.

    (b) “Principal base of operations” with respect to an employee means the place from which the employee regularly:

    (i) Starts work and to which the employee customarily returns in order to receive instructions from the employer;

    (ii) Communicates with customers or other persons; or

    (iii) Performs any other functions necessary to the exercise of the employee’s trade or profession at some other point or points.

    (15) Real Property Owned.

    (a) “Real property owned” means real property:

    (i) On which the taxpayer may claim depreciation for federal income tax purposes; or

    (ii) To which the taxpayer holds legal title and on which no other person may claim depreciation for federal income tax purposes, or could claim depreciation if subject to federal income tax.

    (b) “Real property owned” does not include property acquired in lieu of or pursuant to a foreclosure.

    (16) “Regular place of business” means an office at which the taxpayer carries on its business in a regular and systematic manner and which is continuously maintained, occupied, and used by employees of the taxpayer.

    (17) “Syndication” means an extension of credit in which two or more persons fund and each person is at risk only up to a specified percentage of the total extension of credit or up to a specified dollar amount.

    (18) Tangible Personal Property Owned.

    (a) “Tangible personal property owned” means tangible personal property:

    (i) On which the taxpayer may claim depreciation for federal income tax purposes; or

    (ii) To which the taxpayer holds legal title and on which no other person may claim depreciation for federal income tax purposes, or could claim depreciation if subject to federal income tax.

    (b) “Tangible personal property owned” does not include coin, currency, or property acquired in lieu of or pursuant to a foreclosure.

    (19) “Taxpayer” means a banking institution engaged in or conducting business in this State.

    (20) “Transportation property” means vehicles and vessels capable of moving under their own power, such as aircraft, trains, water vessels, and motor vehicles, as well as any equipment or containers attached to the property, such as rolling stock, barges, trailers, or similar items.

  24. @david

    “I have documented through discovery the real lender that advanced funds from day one. This was normal procedure and obviously there was some sort of purchase and sale agreement between the broker on the face of the note and the Wall Street lender (which is out of business)…… But is there any successful cases to look at here?”

    The more who can make that case the better it seems to me even if ignored by courts. Someone may be successful and pave the way for others and expose a bigger fraud to the powers that be.

    How did you get the “discovery” – was it part of a case or on your own through requests or existing docs ect? You mentioned adversary proceeding and bankruptcy – are you your own attorney? Do bankruptcy attorneys routinely get this info? (don’t know how bankruptcy works)…..

    Can this be done outside of bankruptcy? I have wiring instructions showing funds received from a bank not named on DOT. What else can be obtained outside of a court case? It seems to me naming that “lender” in a quiet title case might be an idea. If proven that the “lender” on DOT was not a “lender” seems like there is recourse – never heard what that would actually be. Isn’t it blatant fraud (even if it was “normal procedure”)? Fraud on homeowner – fraud on investors – fraud on the court as in fraudulent recording- fraudulent claim of ownership of a lien on real property – fraud on the sec, irs ect. ect. What does that do to the instruments signed by the borrower? Know nothing – just wondering.

  25. Daivd – But did you reveal the ‘Indenture Trustee’ as related to the ‘Bailee Letter’ – Loan Schedue?
    The actual SALE of NOTE (Riders) converted into beneficial interests (individual variable annutity special kind of loan/insurance product) attached to NOTE affixed Servicer LoanID, given a CUSIP.
    Have you ever seen a real Bailee Letter? Call 973-347-3475

  26. Why do we citizens allow Legislature over and over again to be conveniently stupid? Consequences for Legislature & Congress making bad decisions, over and over and over again.

    Why do we continue to pay for the Legislature’s mistakes?
    Why do they continually create laws and regulations along with exeptions allowing the exact acts the laws and regulations were meant to protect – consumer!

    Where are the dire consequences and embarrassment for having a budget of debt? Where are the consequences to the agencies who allow substantive and pervasive including predatory lending and ‘theft’ of American Dreams?
    Congress + Legislature *(President who looks forwaqrd note back) = Incompent Judiciary

    Judges in Court of Equity are Real Estate Lawyers who sign the Sheriff Deed and allow $100 Sale to ‘Plaintiff’ Beneficiary Trustee ‘REMIC’

    We found in recent case that REMIC status safe due to fact ‘Trustees’ advise court auditor to file ‘Sheriff Sale’ Deed with ‘Wells Fargo Bank NA’ c/o Corporate Trust Services ‘Settlement Fund’ and not return the court documents and SALE to the REMIC! Signficant! If all SALES retured to REMIC the ‘Owner Trustee’ must record the transaction affecting REMIC STATUS.

    Congress & Legislature are incompetence and are part of the concealment, and agency who provides cooperation, its members and non-members both responsible for the collective and organized acts of collusion, deception – unfair sieizure of assets allowing thrid parties to take possession of property (real, mixed and personal) through deceptive acts.

    Federal Savings & Loan Insurance Corporation FSLIC traumatic period – and sorry for the precedent – first time public funds used to bailout private merchant banks, trustee’s, beneficiaries, investors. Creation of the Resolution
    Resolution Funding Corporation (REFCORP) which still exists to support the debt obligations. Private industy replicated FDIC/HUD/Freddie/Fannie/Resolution Trust Company transactions.

    The debt carried forward form the S&L disaster caused by ‘Mortgage Loans’ being held past 7 Year Maturity, caused banks to go bankrupt. In 1989, and pubic funds used for first time to bailout merchant banks, and again forced to bailout merchant banks new imporved creative funding of resale of mortgage loans in the Secondary Market to you! the consumer.

    1989 Financial Institutions Reform Recovery and Enforcement Act (FIRREA). 1995, its duties were transferred to the Savings Association Insurance Fund (SAIF) of the Federal Deposit Insurance Corporation (FDIC). In 2006, the SAIF and its sister fund for banks (Bank Insurance Fund or BIF), also administered by the FDIC, were combined to form the Deposit Insurance Fund (DIF) under the provisions of the Federal Deposit Insurance Reform Act of 2005.

    When will it end?

    Asset Management Specialists of the Resolution Trust Company — — the kind of entity as related to Wells Fargo Bank NA + Lenders Processing Services Asset Management Solutions whose Regional Asset Managers work directly with Certifying Officers of Premier Asset Services Officers and ‘Servicers Anybank NA’ for Beneficiary Trustee ‘REMIC’ and ‘Successor Beneficiary’.

    Electronic ‘Clearing’ SEC TRANSFER AGENT
    Wells Fargo’s ‘FILENET’
    DAILY EXCHANGE OF PRIVATE AND PUBLIC TRANSACTIONS

    OVER SEC, TRANSACTION AGENT ALSO KNOWN AS ‘FILING AGENT’
    THIRD PARTYIES’ ELECTRONIC BOOK ENTRY CERTIFICATES
    EXCHANGES OF CASH IN FORM OF US DOLLARS FOR THIRD PARTY ISSUERS OF SECURITIES.
    Include REMICS: Real Estate Mortgage Investment Conduit – Settlement Funds
    As directly related to Secondary Market Real Estate Owned Properties in which
    Resolution Trust Company type agencies …

    CTSLink Investor Information Service (“CTSLink”) is a service provided by
    Wells Fargo Corporate Trust Services for third party issuers of securities.
    SecuritiesLink Investor Information Service (“SecuritiesLink”) is a service provided by Wells Fargo Home Mortgage. Both Services are committed to safeguarding your privacy online
    Specialized Asset Services
    ‘Wells Fargo’ & ‘Strategic Partners’ issuers, asset managers, investors, bond holders, and regulatory agencies to provide services for a variety of alternative investment products:

    Wells Fargo is a leading agent bank acting on behalf of the lending syndicate
    Syndicated Loan Administration and Agency Services include
    •Trustee and paying agent
    •Custodian for securities and bank loans
    •Exchange-traded commodity index trust services
    •Collateral agent for bank financing facilities
    •Back office outsourcing, trade settlement, and cash reconciliation

    Daily loan activity: trades; new asset set-up; P&I transaction posting; daily ratings updates; Agent bank difference resolution;

    Our agency services include:
    •Collection and disbursement of debt service
    •Maintaining a registrar of lenders and handling assignments
    •Handling amendments, consents, and waivers
    •Collateral agent services on secured credits
    •Disseminating deal documents and compliance certificates through the IntraLinks website.

    Premier Asset Services; Norwest Asset Securities Corp; Directors Asset Mortgage Conduit;

    Create your ‘free account’ http://www.ctslink.com/ where you too can access information related to Beneficiary Trustee ‘REMIC’ your loan attached for Settlement during default.

    CTSLink website, a service of Wells Fargo Bank, N.A:
    where accurate and timely reporting is available around the globe and around the clock.
    The CTSLink website is your direct link to collateral and bond information on a variety of investment vehicles administered by the Corporate Trust Services group of Wells Fargo Bank, N.A. including CMES, RMBS, CMBS, ABS and CDO securities. The CTSLink website provides comprehensive and quality data reporting that is updated frequently and made available in industry-standard formats. We also make certain closing documents available and have the ability to produce customized reports to meet unique portfolio requirements.

    Information on Securities issued by Wells Fargo Bank, N.A. may also be found at the SecuritiesLink Website (only accessible to owners of securities through the document subscribers /password). SecuritiesLink is a Service Mark of Wells Fargo Bank, N.A.

    CTSLink Direct is a private service of Wells Fargo Home Mortgage and Wells Fargo Bank, N.A. – Corporate Trust Services. It is intended for the exclusive use of the employees and business partners of those organizations. All other access and usage is strictly prohibited.

    CTSLink Direct incorporates Information which appears directly related to Transfer Agent recordation related to electronic Book Entry Certificates, Depository Trust Company private exchanges conversion into US Dollars over Public Exchange. The information displayed on the Bloomberg Screens 2 days prior to a sheriff sale merely a trigger to display two days before a Sheriff Sale the $xxx,xxx.xx value of the investments available daily for the private exchanges of each REIT LLC are 365×24 and a program uses artificial intelligence to look at data field, is sheriff sale two days away? YES then display value of certificates.

    Transfer Agent also known as Filing Agent
    Performs “Electronic Registration Recordation of Distributions” Under 1934 Security Act.

    Should we know who the Transfer Agent is ?
    Should we know get a copy of the Judge who as a Real Estate Lawyer representing State is responsible for the sale $100 ‘Mortgage Loan Participation Certificates’ conversion to proceeds of sale, insurance and 24 month settlement period invoked by Sheriff Sales? As a matter of fact, said funds only appear after Sheriff Sale and the funds represent a $100 Sale? With Sheriff Deed/Signature of the Judge as a Lawyer ‘Clearing Title’ back to ‘Beneficiary’ ‘Trustee’ (Owner) and (new Owner)’Successor Beneficiary’ ‘settle-up’.

    During Origination, the ‘Servicer’ purchases the real estate encumbrances, restrictions.
    Financing of existing encumbrances booked may only be handled by real estate layers who are ‘Certified’ with fiduciary to touch securities/insurance loan products.
    In fact, in the Fidelity National Information Services pipeline, and the First American Real Estate Solutions (FARES LLC) dba Corelogic in strategic partnership with Norwest Mortgage, Inc. Conduit, this Servicer is owner of the mortgage loan and is the Beneficiary Shareowner and as Custodian allows Qualified Intermediary to close and promises to forward the Consumer’s Promissory Note attached to the Underwriters NOTES approved for SALE. The Promissory Notes’ Rider cashed in, endorsed in blank, affixed by staples to real ‘mortgage lender note’ and real owner of mortgage loan now investor with Beneficial Interests (RIDER) converted into ‘special’ individual variable annuity, which pays the closed end mortgage loan principal for 30 years, and is with options to cash out, and the property with Encumbrances, Liens, restrictions which are recorded in the private electronic exchanges like FileNet in which Transfer Agents, Electronic Transfer Agents, clear transactions. Meanwhile, the Real Estate Lawyer closed in secret 1 to 2 days prior to consumer closing, and remains with fiduciary and accountability to Owner Trustee to record in the public domain land records the Mortgage as a Financial Statement in lieu of the Uniform Commercial Code Financing Statements. Your mortgage is recorded in the public land records merely as a placeholder for lien position in the event of default by you or by the real mortgage loan broker who is now the investor receiving benefits from your purchase of their mortgage loan! You did not purchase real estate. You purchased a loan, one attached to securitization settlement funds in the event of default.

    The ‘mortgage documents’ language incorporates by reference all other agreements for benefits of Trustee/Lender and Investor/Mortgage Broker.

    Your mortgage has been stripped of rights, considered to be a Purchase Money Mortgage –in which Hard Money Secondary Mortgage Market transactions are handled by Escrow Agents/Title Officers/Real Estate Lawyers who close with the SERVICER’s ‘Qualified Intermediaries’ — in secret – and who purchase the existing real estate encumbrances, existing property restrictions, existing liens on record in private electronic exchanges, from which ‘vendors’ sell ‘RECORD OF DEFECT’ reports.
    The real SELLER in “Arm’s length transactions” as they are recorded in the public land records.
    Why can a LENDER purchase the ‘Record of Defects’ report and you can’t?
    Why can the SERVICER get a P630 Property Report of defects and you can’t?

    Can one place FileNet in jail?
    See at the bottom the Trademark and Service Marks (live and dead) Just because they are dead does not mean you discount them- they were in effect and are lawful certified recordation’s of valuable legal facts directly related to the transactions (electronically) by service marks (of companies) who have harmed the economy, you and your family through substantive omissions of material facts, unfair seizure of assets, allow third parties to take possession of property through deceptive acts, and that property includes all ‘real, personal and mixed.’

    Transfer Agent, Clearing, for real persons who are subject to enforcement of laws and regulations by the SEC, Legislature, Federal and State Government and said people are subject to US Laws, laws of Uniform Commercial Codes all Articles, and Transfer Agent another ‘LOOPHOLE’ through which the Lender/Borrower aka Trustee/Investor aka Beneficiary/Successor Beneficiary – DOUBLESPEAK.

    Anonymity through a ‘Fictitious Name’
    Alike a Nancy Drewe allows exchange of electronic information – the “Transfer Agent” to remain “Anonymous.”

    Transfer Agent with credit risk. Example:
    Norwest Asset Sec Corp Mort Ps Thr Cert Ser 1998-1 Trust – Transfer Agent
    Securities Administrator for ‘Secondary Market’ Mortgage Loan Participation Certificates’ resale and conversion into US Dollars, in which consumers as reasonable people targeted by Hard Money Lenders and Qualified Intermediaries conduct sales, assignments, assumptions, recognition, servicing, conversions of electronic book entry certificates into US Dollars during Settlements, dividend distributions, etc.

    Transfer Agent, is alleged to be a computer ‘clearing’ transfer agent, whose transactions are recorded from electronic vaults of strategic partners
    And Wells Fargo & Co/MN claims ownership of the electronic data vault.

    FileNet, the 2004, Electronic Transfer Agent revealed to SEC by its OWNER of File Net-Wells Fargo.

    Each foreclosure the REMIC identified:
    Plaintiff: Beneficiary Trustee ‘REMIC’
    Transfer Agent remains Significant.

    Transfer Agent recording of transactions all which are subject to UCC, SEC, US Federal Laws, New York State Laws and regulations and the US Securities Exchange Commission the ‘Gatekeeper’ and decides what is or is not to be escalated to Legislature for consideration of enforcement of sanctions/ civil/criminal law.

    Transfer Agent records Annual Report: 10K, as example.
    Reporting to ‘Stockholders’ regarding Management of stock and distribution of cash in form of US Dollars transferred from stock to cash and cash to stock.
    Reports include:
    -Security Ownership of Certain Beneficial Owners
    -Security Ownership of Certain Management
    -Legal & Accounting Matters
    Including disagreements with Accountants
    On Accounting and Financial Disclosures
    – Executive Compensations
    – Certain Relationships and Related Transactions
    -Common Equity (stockholders) and Properties
    -Financial Condition – Statements – Supplementary Data
    -CUSIP + NOTES ‘Sale’ SURNAME-Consumer Servicer LoanID $
    as related to ‘Mortgage Loan Schedules’ which are not attached to the SEC documents recorded; Bailey Letters are separate agreements that govern creation of CUSIP as related to the NOTES SALE SERVICER LoanID CONSUMER-SURNAME and SERVICER LOAN ID affixed to the ‘Mortgage’ recorded in the public domain County Clerk Recorders office.
    -Financial Statements & Supplementary Data
    -Legal Proceedings

    This Electronic Transfer Agent Recordation provides alternative information. Does this information satisfy the Owners of the Stock? And Recipients’ of Cash Distributions related to
    REMIC Structured Investment Settlements of
    DIRECT-Servicers, Servicers, Sub-Servicers, Attorney-in-Fact, etc.? Of Foreclosure proceedings, Sheriff Sales, Bankruptcy, and REO Settlements between Trustee Beneficiary and Successor Beneficiaries?

    SEC used as the ‘Public Exchange’ for the electronic conversion of cash to stock and stock to cash in which the Transfer Agent/Filing Agent converts huge sums of money
    with fiduciary ‘clearing transfer agent/exchange agent’ accountable for all securities / chase settlements related to Real Estate Owned ‘REO’ Mortgage Loans resold in the Secondary Market and whose beneficial interests are securitized and recorded in electronic registry in which daily private exchanges of title, funds, stock, dividends, settlements are processed directly related to ‘mortgage loan participation certificates’ with Freddie Mac collateral, credit enhancements, insurance settlements for Beneficiary Trustee ‘REMIC’ Qualified Insurance Financial intermediary affiliates, subsidiaries, strategic partners, shareowners of ‘Wells Fargo Bank NA’ real estate mortgage investment conduits.

    SEC discussion of FileNET as Wells Fargo’s Transfer Agent/Filing Agent Under 1934 Securities Act performs the most important function to the equity partners, hedge funds, stockholder Settlements.
    You can create a free account to look at the distributions recorded on the 25th of each month.

    Real Estate Mortgage Investment Conduit ‘REMIC’
    Transfer Agent recordation of Electronic Registration of book-entry certificates and distributes cash and important
    Disclosures as related to hard records and must document conversion of cash to/from certificates,
    to from electronic form, Electronic Transfer Agent converts into financial reports and cash distributions, reporting to federal government agencies, IRS 1099-A ‘Abandonment Statements of Trust Estates’ the REMIC disposes and repurchases, movement of huge amount of cash electronically, hard cash distributions on 25th of each month…

    Transfer Agent remains responsible for the daily transfers of cash and securities through both the private exchanges and the public exchanges and conversion of values in accordance with documented legal binding agreements and laws, regulations regarding each transaction.

    CTS-LINK Our Products & Services:
    Securities Report: All Securities, Asset Backed Securities (ABS), Collateralized Debt Obligations (CDO), Commercial Securities (CMBS), Corporate Municipal & Escrow Solutions (CMES), Residential Securities (MBS), Tender Option Bonds (TOB), Special Services: Collateral Risk Manager; Static Pool Hosting; File Layouts; Securities Link.

    All Securities: Select an Issuer name from the list below to see a listing of all Series available for that Issuer
    File Descriptions – MBS
    •Liquidated Loan Loss – A loan-level breakdown of loans liquidated through the REO sale process. Provided are the sale proceeds amount, loss/gain amount, severity, etc.
    •Reset Rates – For certain tranches, the Pass-Through Coupon Rate for the next bond distribution cycle.
    •Trustee File – Issuer-level electronic version of current Distribution Summary Reports

    Through our proprietary technology and superior customer service reputation you will benefit from our CDO services. The CDO Division has established itself as a solid player in CDO’s comprised of ABS, MBS, REIT, High Yield, Investment Grade, Credit Default Swaps and CLO’s comprised of syndicated bank loans. We also work on synthetic structures including bonds and balance sheet loans

    © 1999 – 2011 Wells Fargo. All rights reserved.
    Version 11.3 (20111216-1243-444135)

    A leading player in each market we serve, CTS provides trustee, agency and fiduciary services for bondholders, investors and lenders. By the end of 2008, we served in one or more of these capacities on more than 16,000 transactions totaling nearly $3 trillion in original issuance.

    Our services are typically used on asset- and mortgage-backed securitizations, municipal bonds and warehouse/conduit programs created by public and private corporations and government entities. Continually focused on providing value-added services to our clients, each of our below roles is delivered with unparalleled industry expertise and a relationship focus that is second to none.

    Trustee – As trustee, we protect the interests of the bondholders and investors by monitoring compliance with governing deal documentation

    Cash administrator/paying agent – We collect servicer payments for distribution to investors and provide attractive investment options for funds held short term

    Document custodian – We safely store loan and collateral files in our secure document custody vault for safekeeping; and as necessary review files to verify eligibility criteria is met

    Backup servicing – Mitigating investor concern over servicer stability, we oversee servicers, provide reporting and are ready to assume or appoint successor servicing if necessary

    Escrow agent – A neutral third party, we are often hired to hold cash, documents and other assets on behalf of two or more parties

    Calculation agent – We independently model structured principal and interest payments to classes of securities and calculate the periodic distributions and resulting security balances

    Master servicing/aggregation management – We oversee servicers’ activity and provide investor reporting, default administration and cash management; to do so we collect, aggregate, reconcile, analyze and report on mortgage loans and associated cash remittances

    Performance Reporting – Our secure, online reporting systems provide detailed collateral and portfolio analysis for lenders, issuers and investors

    CDOlink.com
    Wells Fargo has leveraged its dominant positions in the ABS, MBS, and CMBS markets to become a force in CDO administration. The group is proud of its success with premiere portfolio managers and issuers. Through our proprietary technology and superior customer service reputation you will benefit from our CDO services. The CDO Division has established itself as a solid player in CDO’s comprised of ABS, MBS, REIT, High Yield, Investment Grade, Credit Default Swaps and CLO’s comprised of syndicated bank loans. We also work on synthetic structures including bonds and balance sheet loans. More About Us

    Longevity Group
    We provide Trustee related services to the Longevity markets. Our suite of services includes Securities Intermediary, Policy Administration, Verification Agent, Custodian, Escrow Agent and Backup Servicer. More About Us

    Will money just disappear one day like MF Global?
    Did the money just reappear in the MF Global accounts due to Insurance Distributions which were delayed?

    Trustee/Investor accounts receive cash, credits, debits and the recordation executed by ‘Clearing’ and ‘Clearing House’ fiduciaries.

    Recordation by ‘Servicers AnyBank NA’ c/o Premier Asset Services dba Wells Fargo Bank NA, Beneficiary Trustee ‘REMIC’ – Each Sheriff Sale proceeds of sale pass through CTS-Link for REMIC c/o Beneficiary Trustee ‘REMIC’
    For each default, cash passes through REMIC, settlement funds from insurance, proceeds of sale, purchases, transfers, assignments, assumptions, assignment, recognition, DE recognition, novation, etc. Secondary Market REO Settlement Funds Trustees/Investors. These REMICS are the ‘Credit Enhancements’.

    Identified as the ‘Filing Agent’ ‘Remains Unknown’
    for over 25,875 SEC Filings (from 3/10/98 to 2/6/12)
    and Senior Counsel of ‘Wells Fargo & Co/MN’
    Robert will not reveal real name of Transfer Agent
    SASCO 2006-WF3 -10K Annual Report
    Wells Fargo Bank NA, Mary Coffin EVP
    Jurisdiction: New York
    IRS 523-2089131

    SEC 9/22/06 3/30/07 Sasco 2006-Wf3 U.S. SEC # 1375690

    SEC Registered Transfer Agent
    under 1934 Securities Exchange Act

    Commission File Number: 333-21263-22

    Norwest Asset Sec Corp Mort Ps Thr Cert Ser 1998-1 Trust

    c/o Norwest Bank Minnesota, N.A.
    11000 Broken Land Parkway
    Columbia, Maryland 21044

    Customer Service Norwest Bank Minnesota, N.A.
    Securities Administration Services
    7485 New Horizon Way
    Frederick, MD 21703
    Telephone:(301) 846-8130
    Fax:(301) 846-8152

    SEC states Transfer Agent Registration

    Pursuant to Securities Exchange Act of 1934 must:

    Transfer agents record changes of ownership, maintain the issuer’s security holder records, cancel and issue certificates, and distribute dividends. Because transfer agents stand between issuing companies and security holders, efficient transfer agent operations are critical to the successful completion of secondary trades. Section 17A(c) of the 1934 Act requires that transfer agents be registered with the SEC, or if the transfer agent is a bank, with a bank regulatory agency. There is no SRO that governs transfer agents. The SEC therefore has promulgated rules and regulations for all registered transfer agents, intended to facilitate the prompt and accurate clearance and settlement of securities transactions and that assure the safeguarding of securities and funds. The rules include minimum performance standards regarding the issuance of new certificates and related recordkeeping and reporting rules, and the prompt and accurate creation of security holder records and the safeguarding of securities and funds. The SEC also conducts inspections of transfer agents.

    Transfer Agent Registration
    Who Must Register. Pursuant to Section 17A(c)(1) of the Securities Exchange Act of 1934, it is unlawful for a transfer agent to perform any transfer agent function with respect to any qualifying security unless that transfer agent is registered with its appropriate regulatory authority (“ARA”). A list of ARAs is provided below. A “qualifying security” is any security registered under Section 12 of the Securities Exchange Act of 1934.

    When to File. Before a transfer agent may perform any transfer agent function for a qualifying security, it must apply for registration on Form TA-1 with its ARA and its registration must become effective.

    Transfer Agent dba FileNet

    Norwest Asset Securities Corp ….1998-1 Trust
    ‘X’ Indicates by check mark the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the
    Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

    Market for Registrant’s Common Equity and Related Stockholder Matters.

    No established public trading market for the Certificates exists

    See Item 14(a), Exhibits 99.1, 99.2, 99.3, for
    information provided in lieu of information required
    by Item 302 of Regulation S-K.

    Example of First Filings with Chase Manhattan Mortgage Corp
    Exhibits referenced above filed in lieu of information required:

    (a) Exhibits

    (99.1) Annual Independent Accountants’ Servicing
    Reports concerning servicing activities for the year ended December 31, 1998.

    a) CHASE MANHATTAN MTG CORP

    (99.2) Report of Management as to Compliance with
    Minimum Servicing Standards for the year ended December 31, 1998.

    a) CHASE MANHATTAN MTG CORP

    (99.3) Annual Statements of Compliance under the
    Pooling and Servicing Agreements for the year ended December 31, 1998.

    a) CHASE MANHATTAN MTG CORP

    (99.4) Aggregate Statement of Principal and
    Interest Distributions to Certificate
    Holders.

    (b) On October 6, 1998, November 10, 1998, and
    December 10, 1998, reports on Form 8-K were filed
    by the Company in order to provide the
    statements for the monthly distributions to
    holders of the Certificates. No other reports on
    Form 8-K have been filed during the last quarter of the period covered by this report.

    Chase Manhattan Mortgage
    Corporation (“CMMC”) and
    Chase Mortgage Company (“CMC”) and
    their subsidiaries
    (collectively, the “Group”)

    Chase Manhattan Mortgage Corporation
    3415 Vision Drive
    Columbus, OH 43219

    September 15, 1998

    Ms. Kimberly Wiggins
    Contracts & Compliance Administrator
    Norwest Bank Minnesota, N.A.
    11000 Broken Land Parkway
    Columbia, MD 21044

    Chase Manhattan Mortgage Corporation (CMMC) is pleased to report that all custodial accounts are reconciled current as of March 31,1998. Additionally, all clearing accounts are reconciled current as of April 30,1998

    QUERY: FILENET
    WELLS FARGO CLAIMS TO OWN
    Serial Number Reg. Number Word Mark Check Status Live/Dead
    1 78915793 3253496 FILENET TARR LIVE
    Word Mark FILENET
    Goods and Services IC 009. US 021 023 026 036 038. G & S:
    Enterprise content management software for Internet or Intranet use;
    computer output to laser disk (COLD);
    Computer software for developing applications for the management, storage or processing of any form of electronic documents; and instructional manuals sold as a unit therewith.
    FIRST USE: 19910300. FIRST USE IN COMMERCE: 19910300
    IC 035. US 100 101 102. G & S:
    Advertising and business marketing services in the field of alliance programs, namely, developing commercial partner strategies and identifying appropriate partner companies that complement enterprise content management products.
    FIRST USE: 19880700. FIRST USE IN COMMERCE: 19880700

    IC 041. US 100 101 107. G & S:
    Educational services, namely conducting training through classes, conferences, workshops, seminars, lectures, on-site training in the field of computers and computer software.
    FIRST USE: 19880700. FIRST USE IN COMMERCE: 19880700

    IC 042. US 100 101. G & S:
    Computer services, namely consultation in the field of computers and computer software; programming, design, development, analysis, implementation, management, integration, deployment, maintenance, updating and repair of computer software for others; technical support services for computer software, namely, troubleshooting of computer hardware and software problems.
    FIRST USE: 19841013. FIRST USE IN COMMERCE: 19841013

    Standard Characters Claimed
    Mark Drawing Code (4) STANDARD CHARACTER MARK
    Serial Number 78915793
    Filing Date June 23, 2006
    Current Filing Basis 1A
    Original Filing Basis 1A
    Published for Opposition April 3, 2007
    Registration Number 3253496
    Registration Date June 19, 2007
    Owner (REGISTRANT) FileNet Corporation Jurisdiction DELAWARE, 3565 Harbor Blvd. Costa Mesa CALIFORNIA 92626
    (LAST LISTED OWNER) INTERNATIONAL BUSINESS MACHINES CORPORATION AKA IBM CORPORATION NEW YORK NEW ORCHARD ROAD ARMONK NEW YORK 10504

    Assignment Recorded ASSIGNMENT RECORDED
    Attorney of Record Perry J. Viscounty
    Prior Registrations 1377968;1547167;2251174
    Type of Mark TRADEMARK. SERVICE MARK
    Register PRINCIPAL
    Live/Dead Indicator LIVE

    2 75426679 2251174 FILENET TARR DEAD
    Word Mark FILENET
    Goods and Services (CANCELLED) IC 009. US 021 023 026 036 038. G & S:
    COMPUTER SOFTWARE FOR USE IN INTEGRATED DOCUMENT MANAGEMENT,
    WORKFLOW,
    DOCUMENT IMAGING,
    ELECTRONIC DOCUMENT MANAGEMENT, AND
    REPORT MANAGEMENT,
    COMPUTER OUTPUT TO LASER DISK (COLD).
    FIRST USE: 19971216. FIRST USE IN COMMERCE: 19971216
    Mark Drawing Code (3) DESIGN PLUS WORDS, LETTERS, AND/OR NUMBERS
    Design Search Code 26.13.02 – Plain single or multiple line quadrilaterals; Quadrilaterals (single line or multiple line)
    26.17.02 – Bands, wavy; Bars, wavy; Lines, wavy; Wavy line(s), band(s) or bar(s)
    Serial Number 75426679
    Filing Date January 30, 1998
    Current Filing Basis 1A
    Original Filing Basis 1A
    Published for Opposition March 16, 1999
    Registration Number 2251174
    Registration Date June 8, 1999
    Owner (REGISTRANT) FileNet Corporation CORPORATION DELAWARE 3565 Harbor Blvd. Costa Mesa CALIFORNIA 92626
    Attorney of Record DEBORAH S SHEPHERD
    Prior Registrations 1377968;1547167
    Type of Mark TRADEMARK
    Register PRINCIPAL
    Affidavit Text SECT 15. SECT 8 (6-YR).
    Live/Dead Indicator DEAD
    Cancellation Date January 9, 2010

    3 73756605 1547167 FILENET TARR DEAD

    Word Mark FILENET
    Goods and Services (CANCELLED) IC 009. US 026 038. G & S:
    DOCUMENT IMAGE PROCESSING EQUIPMENT,
    NAMELY, A DOCUMENT ENTRY SUBSTATION CONSISTING OF A SCANNER,
    IMAGE TERMINAL AND DOCUMENT ENTRY SERVER;
    AN IMAGE MANAGEMENT SYSTEM CONSISTING OF A STORAGE AND RETRIEVAL APPARATUS FOR A PLURALITY OF OPTICAL DISKS, AN IMAGE MANAGEMENT SERVER, AND AN ALPHANUMERIC TERMINAL;
    AN INTEGRATED WORK STATION CONSISTING OF AN IMAGE TERMINAL AND SERVER;
    A DOCUMENT PRINT STATION CONSISTING OF A PRINTER AND A PRINT SERVER;
    A LOCAL AREA NETWORK CONSISTING OF CIRCUIT BOARDS AND CABLES;
    AND COMPUTER PROGRAMS FOR DOCUMENT IMAGE PROCESSING AND DOCUMENT IMAGE MANAGEMENT.
    FIRST USE: 19841013. FIRST USE IN COMMERCE: 19841013
    Mark Drawing Code (5) WORDS, LETTERS, AND/OR NUMBERS IN STYLIZED FORM
    Serial Number 73756605
    Filing Date October 11, 1988
    Current Filing Basis 1A
    Original Filing Basis 1A
    Published for Opposition April 18, 1989
    Change In Registration CHANGE IN REGISTRATION HAS OCCURRED
    Registration Number 1547167
    Registration Date July 11, 1989
    Owner (REGISTRANT) FILENET CORPORATION CORPORATION CALIFORNIA 3565 HARBOR BOULEVARD COSTA MESA CALIFORNIA 92626
    (LAST LISTED OWNER) FILENET CORPORATION CORPORATION BY MERGER WITH DELAWARE 3565 HARBOR BOULEVARD COSTA MESA CALIFORNIA 92626
    Assignment Recorded ASSIGNMENT RECORDED
    Attorney of Record CATHERINE J. TOBIN
    Prior Registrations 1377968
    Description of Mark THE LINING IN THE DRAWING IS A FEATURE OF THE MARK AND DOES NOT INDICATE COLOR.
    Type of Mark TRADEMARK
    Register PRINCIPAL
    Affidavit Text SECT 15. SECT 8 (6-YR).
    Live/Dead Indicator DEAD
    Cancellation Date February 13, 2010

    4 73543316 1377968 FILENET TARR LIVE
    Word Mark FILENET
    Goods and Services IC 009. US 026 038. G & S:
    DOCUMENT IMAGE PROCESSING EQUIPMENT NAMELY A DOCUMENT ENTRY SUBSTATION CONSISTING OF A SCANNER, IMAGE TERMINAL AND DOCUMENT ENTRY SERVER;
    AN IMAGE MANAGEMENT SYSTEM CONSISTING OF A STORAGE AND RETRIEVAL DEVICE FOR A PLURALITY OF OPTICAL DISKS,
    AN IMAGE MANAGEMENT SERVER,
    AND AN ALPHANUMERIC TERMINAL;
    AN INTEGRATED WORK STATION CONSISTING OF AN IMAGE TERMINAL AND SERVER;
    A DOCUMENT PRINT STATION CONSISTING OF A PRINTER AND A PRINT SERVER;
    A LOCAL AREA NETWORK CONSISTING OF CIRCUIT BOARDS, CABLES, AND COMPUTER PROGRAMS FOR ALL THE ABOVE. FIRST USE: 19841013. FIRST USE IN COMMERCE: 19841013
    Mark Drawing Code (1) TYPED DRAWING
    Serial Number 73543316
    Filing Date June 17, 1985
    Current Filing Basis 1A
    Original Filing Basis 1A
    Published for Opposition October 22, 1985
    Change In Registration CHANGE IN REGISTRATION HAS OCCURRED
    Registration Number 1377968
    Registration Date January 14, 1986
    Owner (REGISTRANT) FILENET CORPORATION CORPORATION CALIFORNIA 3530 HYLAND AVE. COSTA MESA CALIFORNIA 92626
    (LAST LISTED OWNER) INTERNATIONAL BUSINESS MACHINES CORPORATION AKA IBM CORPORATION CORPORATION NEW YORK NEW ORCHARD ROAD ARMONK NEW YORK 10504
    Assignment Recorded ASSIGNMENT RECORDED
    Attorney of Record CATHERINE J. TOBIN
    Type of Mark TRADEMARK
    Register PRINCIPAL
    Affidavit Text SECT 15. SECT 8 (6-YR). SECTION 8(10-YR) 20060414.
    Renewal 1ST RENEWAL 20060414
    Live/Dead Indicator LIVE

  27. “If the real lender is discovered, and if the real lender was actually known by someone in the chain of command in the chain of planned securitization, they violated the law —”

    So what?

    In my adversary proceeding in the Bk court, I have documented through discovery the real lender that advanced funds from day one. This was normal procedure and obviously there was some sort of purchase and sale agreement between the broker on the face of the note and the Wall Street lender (which is out of business). My suit is against the servicer and Fannie Mae, not the originator who will not divulge anything in a non party discovery request.

    I have three documents that reveal the money trail. How do you prosecute this? RESPA? I wouldn’t expect the court to do anything unless hidden fees were flushed out, which is not yet in the open in my case. The fact that the true lender was not listed on HUD 1 section 8, is that enough to prosecute?

    Much is said here about the note not describing the obligation and the DOT being therefore void. But is there any successful cases to look at here? Quiet Title? This is California.

  28. Mr.Hess, you need to take a chill pill and stop being so paranoid…I’ve been here a lot longer than you have—calling me a “mole”is pretty darn laughable…I’m just a concerned and compassionate mom looking for truth and justice in an insane world.

  29. type-o “good”

  30. @ Todd

    God to see you back. Play nice, now!

  31. Hey Carie when you say W.T.F ,Do you really mean to say What the fuck? Are you really that simple ?You truly have no idea who I am do you?And yes, Mr. Hess is my real name and i’m still with you.Like it or not .I’m Todd Michael Hess ,and I am not scared of shit.I welcome death.I helped take down the Bear.I’ve taken not one penny,Silly little Mole,WHO ARE YOU? Carie who?

  32. Hmm…I guess Mr.Hess is still with us…WTF?

  33. […] steps up pressure for Fannie, Freddie mortgage write-downs – The Hill’s On The MoneyNancy Drew Digs Into Wells Fargo -Maiden Lane, FDIC, FHLA ul.legalfooter li{ list-style:none; float:left; padding-right:20px; } .accept{ display:none; […]

  34. If anyone is wondering I’m a Western Pa.REDNECK,The majority of my ancestors died in the civil war. They fought to put an end to slavery. And I for one am ready to carry on my family tradition. LIVE FREE OR DIE. I WILL NOT BE INSLAVED. My demands are as follows I WANT A COMPLETE ACCOUNTING FROM THE OPEN OF ESCROW THROUGH THE CLOSE, AND TO DATE. I HAVE A RIGHT TO KNOW WHERE MY MONEY GOES AND WHEN IT GETS THERE….GET IT? GOT IT? GOOD!!!!!!!!!!!

  35. Talk about info that I sure could have used in 2005 .for what I don’t know i’ts all Greek to me. Lawyers judges etc. all in bed with the fed. I am pretty sure of this.Damage done unrepairable, there actions unforgiveable ,my thirst for blood,let’s just say I may as well be a Vampire.I never took a penny of there i’ll gotten gains, and I never will.anybody complacent in this fraud MUST be imprisoned…Just because you write or influance the writing of laws doesn’t excuse you from the application of these same laws to you.I live in the WILD WEST ,LAW DON”T GO AROUND HERE. LAW DOG!!!!!!!! If they don’t apply to you,you might want to do like I do, sleep with one eye open

  36. E. Toile,

    I truly appreciate the length to which you’re ready to go in order to educate me in all-things-Nancy-Drewe. I do not doubt for one minute that her extensive work will pay off somewhere, sometime, somehow but… right now, I haven’t seen much evidence that it has helped anyone in court. That’s all I want to know: how can knowing all this and wasting a tremendous amount of time and energy trying to wrap my mind around it help me win my fight? The people who understand that mess are those who created it. Those who should try understand it to uphold the laws don’t want to invest any energy into learning it. And the people who are losing everything can’t grasp it (which is why they’re losing everything…)

    Shoot! I have a Fannie Mae, trustees I can’t find (still don’t know how to go about it), MERS up the yin yang in my house, several banks claiming that I owe them all sorts of money, the same ones actually (and, by now it was long paid up over and over with all the bailouts, tax incentives, wars financed by… anything but a true budget but coming right out of our pocket nevertheless, and what not given to the banks).

    Has anyone met or heard of any attorney who, successfully, was able to use that stuff? I know Biden has somewhat of a grasp on it… but he appears to have folded. Schneiderman has some kind of a grasp as well but… ditto! Harris, Coakley, they all folded.

    Nancy, really, does anyone actually pleads that stuff? Can you guide us to some case law? I know I sound like a broken record but I need something I can sink my teeth into!

  37. Chase identifies itself in foreclosure notices and recorded docs this way (“purchaser” being keyword):

    “JPMorgan Chase Bank, National Association, as purchaser of the loans and other assets of Washington Mutual Bank, formerly known as Washington Mutual Bank, FA (the “Savings Bank”) from the Federal Deposit Insurance Corporation, acting as receiver for the Savings Bank and pursuant to its authority under the Federal Deposit Insurance Act, 12 U.S.C. § 1821(d).”

    The FDIC identifies WAMU this way in its “historical description” (“govt financial assistance” being the keywords with no mention of “purchase”):

    “Merged with government financial assistance and subsequently operated as part of JPMorgan Chase Bank, National Association in Columbus, Ohio.”

  38. chas404:

    Deutsche Bank National Trust Co v Federal Deposit Insurance Corp et al.:

    Chase stated in the “Memorandum of Points And Authorities In Support of JPMorgan Chase Bank, N.A. and Washington Mutual Mortgage Securities Corporation’s Motion to Dismiss and Motion for Partial Summary Judgment” on page 33:

    Under the plain terms of that agreement, JPMC did not become WMB’s successor in interest. Since its closure, the FDIC as receiver has controlled WMB. While JPMC purchased all of the assets of WMB, it assumed only specified liabilities: those that had been reduced to a dollar amount on WMB’s “general ledger and subsidiary ledgers and supporting schedules which support the general ledger balances.”

    The Court has ordered discovery, to be completed by May 11, 2012, “as to the meaning of the Purchase and Assumption Agreement”, which is the agreement Chase uses to foreclose and assign mortgages nationwide. This production is under a “Confidentiality Order”.

  39. Joann,

    Some stuff may be nutty but there are good links…

    http://www.nationalwamuhomeownerssupportgroup.com/

    I think there were case references about Chase not owning WAMU loans.

    Good Luck.

  40. chas404:

    Or anyone…Nancy?

    “Apparently WAMU pledged loans to the Fed before being overtaken by FDIC”

    Pledged as in “Federal Home Loan Bank”? or other?
    How does a loan that was sold to a trust get pledged to anyone? What does “pledged” mean? Did the trust release its interest somehow in order for that to happen?

  41. Jim, on February 13, 2012 at 11:30 am said:

    “Agree with joann and enraged”

    Actually Jim – I like Nancy Drew’s stuff even if I don’t understand the significance related to my immediate interest. I just peruse it and try to get the drift. Different strokes for different folks. Getting to the root of who is behind the scenes doing what is what AG’s need to do but if they aren’t there yet why not Nancy Drew or anyone else? I hope if what she finds is useful she is passing it along to those who understand it but I am glad she shares it here. Things like pledged assets and pledged loans are starting to interest me. Wish someone would explain pledged assets and mortgages to the Federal Home Loan Banks and how it affects ownership of the notes……have asked this question before…..I might go back and read Nancy later – she might be saying something there about that today and I am interested in how the FDIC fits in – she has some stuff on that.

  42. chas404- when you pull your satisfaction of mortgage doc from your county courthouse, check to see if the entity deeming the ‘mortgage’ fully paid and satisfied had at that time the right to do so. Google the signatories, or try Linkdn to see where those people worked. Check the dates. Check the notaries. Get back to us all here.

  43. @joann

    I had a 2007 HELOC with WAMU which became Chase. I told Chase (after they threatened foreclosure when I stopped paying) in writing that under FDCPA they had NO RIGHT to threaten foreclosure—because, among other things, the HELOC was unsecured due to my equity being totally gone, so cease and desist and back off…and they did…my credit report says “account closed”…

  44. Chas404

    Thanks I do have details just not Nancy Drew types of details.

    I managed a Recission of NOD even though a new one was recorded simultaneously with the exact same issues I disputed to three parties I wish to sue (it was a gamble – was afraid it could backfire and speed up foreclosure or perhaps they had their own reasons for doing it) but it bought me 3 more months time in non-judicial. Will dispute it again and hopefully one day file a case….

    Thing is – in non-judicial it is under the radar. They do it because they can and recently speeded up these foreclosures for that reason while at the same time delaying in judicial. WAMU had no ownership of the loans in 2008 for loans already sold and paid in full to trusts. Chase never had any interest it could assign or sell as on ADOT “For Value Received” to anyone much less loans in default from them to trusts closed years ago that required two or three true sales from originator to sponsor-seller to depositor to trust.

  45. Joann.

    Per WAMU go look up a few of those WAMU borrower websites out there. can’t remember the names but i read them.

    Apparently WAMU pledged loans to the Fed before being overtaken by FDIC (some say unnecessarily) and that Chase only bought servicing rights from FDIC. There are some court cases out there. I can’t get too detailed on it bec I am a Wells Fargo fighter, but I get the feeling the 2 worst outfits out there in terms of messy deals are Countrywide/BAC and WAMU/Chase.

    I have a friend in Miami with pre-pay cheapo lawyer who has been in house 3.5 yrs no pay to Chase/WAMU. In his case seems like Chase/WAMU has nothing on him.

    Good Luck. FYI Florida is judicial process.

  46. Interesting tidbits I Nancy Drewed out of my paperwork.

    MortgageIT originator as temporary servicer has SAME address as GMAC. My guess is GMAC was subservicer.

    I guess this is OK but it seems to me to fail disclosures etc. I signed disclosures allowing servicing to be transferred with notice to me. Mmmm.

    First 3 months payments show coupons MortgageIT but I am 99% sure it went to GMAC at the same address.

    Later Wells Fargo becomes servicer. WF owns 23% of Stewart Title whom I am having issues with.

    My guess is maybe WF had loan purchase agreement in place with MortgIT, kept servicer than sold loan downstream to Fannie.

    I am starting to sign onto the Ian/Anonymous/Iwantmynpv bandwagon of servicers dealing in defaulted debt/collection rights.

    I need to go to the county and pull my 2005 refi satisfaction recordation.

  47. Nice Work Nancy Drew! Neil maybe you can put this on a flow chart (in a manner for all to understand). In my words it’s called… “Piercing the the Corporate Veil”. VERY NICE! The “people” behind all this “Fluff” in these companies\organazations\banks\congress etc… are one in the same.

  48. Agree with joann and enraged

    What is the point of this incoherent nancy drewe stuff. It’s all but incomprehensible

  49. I’m convinced that even if someone from the servicer/pretender mill and someone from the foreclosure mill came to the court and admitted to all the fraud and pleaded with the judge to let someone just have the house, since their name is on the Grant Deed—the judge would STILL say …”NO GODD**M FREE HOUSE!!! If YOU get one—I WANT ONE!!!”

  50. I am sure Nancy Drew’s research is very important and spot on even if I don’t have a clue what it means or how to use it or how to do similar research. My way of learning things is to just quickly read and absorb anything and everything with what little understanding I have at any given time even if that is no understanding.. Or glance it over and skip it. No big deal. Sometimes it is just intuition that some single sentence or item has relevance or will have relevance in the future. Then come back to it weeks, months, years later with more understanding. Wish I knew then what I know now.

    Also have a feeling when she publically posts this material, it allows it to reach people who do know what to do with it. Nancy – please dig out similar for WAMU/Chase mortgages. Origination of WAMU mortgages and subsequent Chase “ownership” of these mortgages is smoke and mirrors. Amazing what Chase and California Reconveyance Company get away with especially in non judicial – undetected and under the radar in automatic foreclosure and under the so called divine right of FDIC in courts. When analyzed properly it is blatant fraud.

    Just how to put it in front of a judge pro se….Thing is attorneys don’t want to do it for any price anyway and they haven’t done their homework when it comes to “ownership” issues or deem it irrelevant. They want to broker modifications. Chase appears to be all powerful and untouchable. BofA got trashed in the press – rarely Chase. Beau Biden recently named Chase as the bad guy in military foreclosures. If military foreclosures were investigated right down to the accounting and ownership (beneficiary) – it would expose the same occurred for all mortgages.

  51. We aren’t in the circle. I guess that makes us the jerks.

    And I always thought that role went to Geithner. Fooled again.

  52. One big circle jerk? That’s a nice try at an analogy, except in the end no one…hmm… is well… gets to … hmm.
    Let just say nothing pleasant in the slightest is going to happen.

    All you are going to get for this is chaffed empty hands, no matter how hard you try to…hmm… work this…shaft.

  53. What’s not to understand? The math is exceedingly clear:

    $0 = Principal reductions

    $0 = Refinancings

    $0 = Forebearances

    $0 = Probable cash payments for being “treated unfairly” in foreclosure from 2008 through 2011.

    $19,000,000,000,000.00 To bankers through the same period period from 2008 through 2011 gifted from U.S. politicians, Treasury, and Fed.

    $10,000,000,000.00 From banks gifted as campaign contributions via Super PACs to politicians.

    The cycle continues. One big glorious circle jerk.

  54. E.Tolle- regarding your mathematical analyses of the bank equation: when I woke up this morning, I thought I was confused, but now I’m not sure.

  55. @ Enraged. I guess you’re just one of the slow ones. Some people have to have this stuff spoon fed to them. Here it is broken down into plain language that even you can understand:

    The creditor problem deals with simple math. Suppose Bank A and Bank B are two such numbers and that C is the criminality. For example, if A = 3 and B = 7, then C = 3 + 7 = 10. Now, consider the square-free part of the product A x B x C: sqp(ABC) = sqp(3 x 7 x 10) = 210.

    Once in a while, however, that isn’t true. For instance, if A is 1 and B is 8, then C = 1 + 8 = 9, sqp(ABC) = sqp(1 x 8 x 9) = sqp(1 x 2 x 2 x 2 x 3 x 3) = 1 x 2 x 3 = 6, and sqp(ABC)/C = 6/9 = 2/3. Similarly, if A is 3 and B is 125, the ratio is 15/64, and if A is 1 and B is 512, the ratio is 2/9.

    Thus the easy answer is:

    [(5+i)(4-3i)]/[(2-5i)(1-i)] [FOIL top and bottom]
    [20 – 15i + 4i – 3i^2]/[2 – 2i – 5i + 5i^2] [simplify by using i^2 = -1]
    [20 – 11i + 3]/[2 – 7i – 5]
    [23 – 11i]/[-3 – 7i] [multiply top and bottom by conjugate]
    [23 – 11i][-3 + 7i]/[-3 – 7i][-3 + 7i]
    [-69 + 161i + 33i – 77i^2]/[9 – 49i^2]
    [8 + 194i]/[58]
    [4 + 97i]/[29]

    Where [4 + 97i]/[29] equals loss of house to banksters every time whilst government looks on. AGs make out OK though.

    Hope this helps.

    E. Tolle

  56. […] Nabcy Drew Digs Into Wells Fargo -Maiden Lane, FDIC, FHLA … […]

  57. Have to wonder why this blog keeps printing absolutely useless stuff.
    None of this will get you past the first BS demurrer.

    People, just stay as long as you can. If your in a non jd state, forget lawyers, as it’s a waste of money.

    If they offer you $30 K Take the money, and move on. You will be much better off. I state this with conviction. I have two years experience fighting in court pro per, and the fraud is so clear in my case, yet the calpers court system IGNORES it.

    This is no longer America, and has not been for some time.

  58. @ Enraged

    Right you are. As for the Social Security, which we are mandated to pay and is, earned, not given…in some cases. The “excess” in the pool has already been calculated and moved, into another accounting column to make it look solvent. You try that…go to jail!

    We have talked endlessly on this forum about the “theft” of Americans property and to no avail. Many people really think and believe, the banks fraud, forgery and outright theft of property is okay, because we all bought things we could not afford. So, in essence, like the police do, it is okay to profile and commit unlawful acts, as long as it WORKS to one’s end. The thing is: this is just the beginning of judicial changes that allow, the suits, to change the “rule of law” for an entire country, so only they can commit Felonies and criminal acts with impunity.

    My $.02

  59. good morning Enraged by the way

  60. Nancy Drewe

    I am Elizabeth I have lawyer with a law firm in Rockefeller Center who is interested in your research believe it or not I have been searching your work all weekend.

    Can you please e-mail me at tethomas3@aol.com so I can give you my phone

  61. This below is us. In 6 months, a year, maybe 2 years…? But it is us. Once the little guy who provides food for the big guy has been eaten alive, once that food chain has been irreparably broken, extinction of the human race will follow in very short order. We know it. We all do, deep inside.

    http://www.huffingtonpost.com/2012/02/12/greek-debt-deal_n_1271524.html?icid=maing-grid7%7Cmain5%7Cdl1%7Csec1_lnk3%26pLid%3D135151

    My question to Nancy Drewe is this: with all the info you have dug and keep digging, most of which flies so high over my head, it’s not even funny, what happens? Is it used in courts and does that work? Please name a few cases.

    Is it sent to Obama and his cohort to influfence policy changes? Is it sent to congress? What is the real use for it? To whom is it useful? In my neck of the woods, it sure as hell serves no defense attorney, since no judge wants to hear anything about it. Actually, many people trying to use it have found themselves in worse place afterwards.

    Does Dylan Ratigan use it? Does William Black werite about it to educate us about what is really going on? I don’t mean to critic your work but I have to know to whom it is addressed. It doesn’t to be addressed to me…

  62. Well, that article was “insightful” to say the least. Maybe not to me but I am sure someone somewhere could make heads or tails out of it.

  63. Some different story :
    I had to renew my home insurance . So I told
    the Insurance Company (in Florida) my home value dropped 52 %
    by Corelogic , so please lower my policy 50 % . The Insurance
    never answered my letter , the send 3 days before it expired a
    reminder to CHASE and my address , and CHASE paid without my
    permission . I was ready to sign up with another company.

  64. Anyone who puts any kind of money into banks, has any credit card, has any savings, 401K, IRA, is… part of the problem. Life insurance? Part of the problem. Annuity? Part of the problem. Government? Let’s not even go there..

    Can’t wait to see what they do with social security when they finally get to put their hands on it.

  65. And a good morning to y’all too!

  66. Keep posting articles like this and see how fast the swap providers are raised from the dead. Much like credit card master trusts, the cash flow is sold along to investors and the empty shell account is left behind to collect the insurance and any default monies that can be pounded out of the unsuspecting homeowner, who factually has no obligation to [pay] the servicer anything.

    Just keep em guessing.

    So, are the Notes at the N.A. or do they eventually pass-through to the true parent company, or the portion of the conglomerate which is part of the federal reserve system.

    I also like that FNM FRE and the FDIC are pictured for the scam they are. Each of these quasi-corps have the capacity to work as an agent and a corporation. Which side of their fraud do they act when they are stripping our failed bank holding companies. Why does the FDIC begin its quest with each failed thrift, as conservator of the assets, and immediately prior to giving some other rich guy the deal of the century, they make sure they are the receiver of the assets.

    How much is the FDIC sharing in the future gains and losses of the MBS inside these failed entities?

    I have tried to get information out of the FDIC, and would just as soon rip out my ( “I” teeth) before contacting them again.

    Fraud at every level and layers of mixed bag quasi’s to conceal the fraud. Fire Eric Holder and have an investigation already!!

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