BOMBSHELL- The Secret Lawsuit Has Finally Been Revealed-
Your Mortgage Documents Are Fake (And Your Foreclosure Is a Fraud!)
August 12, 2013
by Matt Weidner
The enormity of the crimes that have been committed against defendants in
foreclosure cases is easy for much of society to ignore. Those who are
defendants in foreclosure cases are, after all, those who deserve to suffer the
consequences of failed generations of economic policy. Those who are
defendants in foreclosure cases are, after all, the people that deserve scorn
and disgust and contempt because they chose to live in a country that gave away
their jobs, their industry, their future.
But far worse than the crimes and the consequences for the
millions of Americans that are victims of the largest organized crime spree in
the history of mankind is the fact that in order to accomplish this crime spree
the criminals and their counterparts destroyed our nation’s civil legal system.
Make no mistake, the “foreclosure crisis” as it has played out,
and as it continues to play out all across this country is a complex and
interconnected series of state sponsored crimes. The crimes began when
the loans were made, continued when the loans were sold to investors, continued
when mortgage payments were loaded onto the international PONZI scheme that is
mortgage securitization, then really ramped up when the criminals continued
their crime sprees in state and federal courts all across this country.
The crime spree called foreclosure that continues to play out in
homes and neighborhoods all across this country could not have occurred if our
courts did not agree to become partners in the crime spree.
Our nation’s court system is in fact desecrated, destroyed, a
crumbled heap of what it once was. We were a nation of laws.
America was a nation that was governed, ultimately, by judges and a legal
system that served a larger societal and historical purpose. At one point
in time, judges and our nation’s court system recognized that the function of
the court system was to protect The People and The Nation from the out of
control evil and corporate interests that brought us all robo signing and
foreclosure fraud and LIBOR rigging and HSBC money laundering and everything
that is our national banking system.
To this day, banks foreclose on borrowers using fraudulent
mortgage assignments, a legacy of failing to prosecute this conduct and instead
letting banks pay a fine to settle it. This disappoints Szymoniak, who told
Salon the owner of these loans is now essentially “whoever lies the most
convincingly and whoever gets the benefit of doubt from the judge.
Allegations from today’s lawsuit:
The defendants concealed that the notes and the assignments were
never delivered to the MBS trusts and disseminated false and misleading
statements to the investors, including the U.S. government and the States of
California, Delaware, Florida, Hawaii, Illinois, Indiana, Massachusetts,
Minnesota, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North
Carolina, Rhode Island, Virginia, District of Columbia, the City of Chicago and
the City of New York.
Relator conducted her own investigations in furtherance of a
False Claims Act qui tam action and found that the Defendants pursued and
continue to pursue foreclosure actions using false and fabricated documents,
particularly mortgage assignments. The Defendants used robo-signers who signed
thousands of documents each week with no review nor any knowledge of their
contents and created forged mortgage assignments using fraudulent titles in
order to proceed with foreclosures. The Defendants used these fraudulent
mortgage assignments to conceal that over 1400 MBS trusts, each with mortgages
valued at over $1 billion, are missing critical documents, namely, the mortgage
assignments that were required to have been delivered to the trusts at the
inception of the trust. Without lawfully executed mortgage assignments, the
value of the mortgages and notes held by the trusts is impaired because
effective assignments are necessary for the trust to foreclose on its assets in
the event of mortgage defaults and because the trusts do not hold good title to
the loans and mortgages that investors have been told secure the notes.
The fraud carried out by the Defendants in this case includes,
inter alia: Mortgage assignments with forged signatures of the individuals
signing on behalf of the grantors, and forged signatures of the witnesses and
the notaries;
·
Mortgage assignments
with signatures of individuals signing as corporate officers for banks and
mortgage companies that never employed them;
·
Mortgage assignments
prepared and signed by individuals as corporate officers of mortgage companies
that had been dissolved by bankruptcy years prior to the assignment;
·
Mortgage assignments
prepared with purported effective dates unrelated to the date of any actual or
attempted transfer (and in the case of trusts, years after the closing date of
the trusts);
·
Mortgage assignments
prepared on behalf of grantors who had never themselves acquired ownership of
the mortgages and notes by a valid transfer, including numerous such
assignments where the grantor was identified as “Bogus Assignee for Intervening
Assignments;” and
·
Mortgage assignments
notarized by notaries who never witnessed the signatures that they notarized.
The
MBS Trusts and their trustees, depositors and servicing companies further
misrepresented to the public the assets of the Trusts and issued false
statements in their prospectuses and certifications of compliance.
[advanced-iframe
securitykey="a89b984039fb3b09578b3059dd44d761a319ccc0" src="http://www.salon.com/2013/08/12/your_mortgage_documents_are_fake/"
width="1000"]
2 comments:
Was this case won? And if so, how can one find the Courts decision..? Also, can this be used in lawsuits (as case law) if the case was indeed won, as it looks like its a sealed case, which cannot be utilized for ones own case. Can an attorney, or other
knowledgeable person respond to this? It would be most helpful to so many.
Thank you much, in advance.
Carolyn
The whole banking system is fraud. There is nothing "Federal" about the Federal Reserve Banking system. Today we utilized what is called "Fiat" money. There isn't any precious metal backing which is required by our Constitution. The Banksters simply print or put the money on the books. They lose nothing because they never took anything out of their pockets to begin with. It means that there is not any "equity of balance". Simply put they are counterfeiters. So why would any of us owe anything to the banksters? Why should anyone be foreclosed on? None of this should be happening. The Banksters who control the system need to be put in prison. Read the book: The Creature from Jeykll Island by G. Edward Griffin and you will learn more than you could ever imagine.
Post a Comment