LEARN HOW TO FIGHT WITH HONOR AND WIN!
Anyone who has participated in or investigated Organized Crime knows that the key ingredient for success of the enterprise is paying people to take the heat if the situation gets sticky. You just need to pay them enough to do your bidding.
Investment Banks have institutionalized this concept with their use of an illegal “Rent-A-Charter” scheme. It’s entirely illegal but it works because it looks legal (facially valid).
Bill Paatalo has been investigating this phenomenon for many years particularly as it is used in (a) securitization schemes and (b) foreclosure schemes (please notice the separation — they are NOT the same).
- No evidence in, no judgment out. (Homeowner wins).
Let’s take a few easy examples:
- If you wanted to practice law, you might find an unscrupulous lawyer willing to take cash in exchange for you pretending to be him or have his license to practice law.
- If you wanted to do brain surgery because last night you slept at a Holiday Inn Express, you could find an unscrupulous doctor willing to take cash in exchange for you pretending to be him or have his license to practice medicine.
- If you wanted to go into law enforcement, you might find a police officer who is willing to take money in exchange for staying at home while you wore his uniform and acted under his name, making arrests and even testifying in court against the defendant. That’s because if you look like a police officer, walk like a police officer and sound like a police officer everyone will think you are a police officer, even though you are not and your testimony is worthless. But if nobody thinks to ask the question, there is never an answer and everything becomes legally final.
In each of those cases, it is highly probable that eventually there will be a great revelation in which it is discovered that you have no right to be doing anything — and that the person who had rented you their charter to act under the authority of the state, would lose their license to do anything and probably be blocked from ever getting any kind of license ever again. They might also go to jail.
For more than two decades the investment banks have used this scheme and they have achieved considerable success in both securitization sales to investors and foreclosures conducted under the false flag of securitization of debt. Here is a list of the examples of Rent-A-Charter currently in use:
- Mortgage brokers
- Trustees under deeds of trust
- Servicers
- Trustees under the false flag of a REMIC trust
- Lawyers
- Witnesses
- Technology companies
In each case, these entities perform some of the functions that are attributed to them but not the key functions that are customarily associated with their title. In each case, the investment banks are hidden far in the background even though they are in complete control over all functions of all players.
PRACTICE HINT: If their lips are moving they are lying from the start. “I represent U.S. Bank” is a false statement, but you won’t get there unless you dig deep in discovery and cross-examination.
- Opposition to motions for attorney fees might reveal the absence of a retainer agreement between the lawyer and U.S. Bank.
- Timely and proper discovery demands will no doubt reveal that the servicer neither collects nor disburses any money and takes its instructions not from U.S. Bank but from some investment bank — who in turn merely pay the servicer for use of their name on notices and correspondence.
- The ABSENCE of any response is sufficient to get an order to compel, then an order for monetary sanctions and finally an order for evidentiary sanctions. Game over. No evidence in, no judgment out. (Homeowner wins).
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But challenging the “servicers” and other claimants before they seek enforcement can delay action by them for as much as 12 years or more.
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Yes you DO need a lawyer.
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If you wish to retain me as a legal consultant please write to me at neilfgarfield@hotmail.com.
Filed under: foreclosure |
Absolutely correct!!!! And who in government cares? No one. The records have long been there. Ocwen was NEVER a master servicer — I don’t care if that role is accurate or not — it never existed even in La-La land. And, how did this all occur? That is the next step. All anyone ever got is a non friendly debt collector – who called themselves a “servicer” – and they were not even a servicer with any authority under the fake docs and hidden MSR agreements. It is mind-boggling. And Congress? Where the heck are you? When will you act? Home purchase prices going through roof — only available to the rich and elite – of if you happen to have cash on hand – under mattress maybe. No more even moderate home prices available — you will be out-bid. And rents? Because out-bid in homes — they are through the roof. What has the government created? A MONSTER. Happy early Halloween!!! Thanks Neil and Bill. Finally – getting to the bottom of the barrel of the crude and drudge. DEBT COLLECTION — biggest business in the world. All afraid of it. NO funding ever occurred with crisis loans – just layered debt upon debt – by fake or non-existing accounting. JUST WONDERFUL. No one should have to battle this in court — but government did nothing. Have no choice but to battle. THANK YOU!!!!