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S P E C I A L
A N N O U N C E M E N T
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Michael Lawrence
Speaks This Evening!
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Bay County Florida Resident
Uses Securitization Audit
to Get Foreclosure Case Dismissed
just like with the Vested Manna Process and the Michael Lawrence
Process
Panama Beach, FL —
(SBWIRE) — 10/02/2012 – Most homeowners
entering foreclosure are packing up their belongings and calling the
movers. This was not the case for Phillip Adamczyk of Panama Beach, FL.
Adamczyk did something most Americans would never dream of doing. He went
to court to fight his foreclosure case against the bank without a lawyer,
and won.
The
Florida homeowner recently appeared in court against Thrivent Financial
Bank’s legal representation and asked them to produce the note to his
mortgage. When they produced a copy of the note, Adamcyzk wisely asked that
they produce the original mortgage note. Thrivent Financial’s legal team
left the courtroom that day, confident they could produce the requested
evidence, and they did. However, Adamczyk had an ace up his sleeve. It’s a
little thing called a Securitization Report.
Between his first trial appearance and the time
it took to reconvene, Adamczyk hired Securitization Auditors to provide him
with a securitization audit of his mortgage process. A securitization audit
is a legal document that looks for and identifies violations in the
securitization and foreclosure process. The auditors, after requesting
specific documentation from the lender, found the following:
“It should be noted that the primary document for review in
an audit is the Promissory Note. We have examined a signed copy of a Note
for this transaction; it did contain a Sale/Assignment Endorsement: ‘Pay To
The Order of *** Blank *** Without Recourse by: (sig) Dale O’Keefe, AVP
Thrivent Financial Bank’, the endorsement indicates that the lender has
been paid and or has released all interest in the Note.”
So the Assistant Vice President of Thrivent Financial signed
the note indicating the mortgage had been sold, but endorsed it to “Blank”.
Simply put, this means that Thrivent Financial sold the note and cannot
identify or does not know who they sold it to. This in turn means they have
no standing in court to foreclose on Adamczyk’s property.
Prior to reconvening at the trial, Adamczyk presented the
securitization audit to Thrivent Financial’s legal team, which apparently
swept the rug out from underneath their feet, as they did not even appear
in court to pursue the foreclosure.
On September 18, 2012 the judge denied the Plaintiff’s
Motion for an Order of Summary Judgment, thus allowing Adamczykk to remain
in his home without the impending cloud of foreclosure looming over his
head. He has himself to thank for being so bold as to appear in court
without an attorney, as well as The Securitization Auditors for supplying
him with the evidence needed to keep his bank’s legal team from appearing
in court.
~*~
Officials Press More Banks
To Reach 'Robo-Signing' Settlement
September 27, 2012 U.S state attorneys
general are negotiating a legal settlement with four regional banks
for their involvement in the "robo-signing" crisis. The agreement
would be similar to the $25 billion National Mortgage Settlement brokered
with five national lenders in February. That agreement included sweeping
compliance mandates to prevent the widespread improper notarization and
document signing practices at the heart of the foreclosure crisis.
The banks have had preliminary talks with state and federal officials, who
are investigating claims that loan servicers mishandled foreclosure
documents. However, the timing of a settlement is not yet known.
If a settlement is reached, the banks will face a financial obligation and
likely will have to comply with the servicing standards. The NNA has
established a Trusted Notary program to help lending institutions reach
compliance with the new mortgage industry regulations.
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Thousands Of Mortgage Fraud Complaints
Filed Against Attorneys
A “huge” number of mortgage fraud-related complaints are being
filed against attorneys and law firms, according to the American Bar Association.
And some of these questionable attorneys have tried to enlist unsuspecting
Notaries into helping defraud victims.
Approximately 24 percent of the mortgage fraud-related
complaints received by the Washington, DC-based Lawyers’ Committee for
Civil Rights Under the Law involved attorneys or law firms.
Laura Ernde, Acting Communications Director for the California
State Bar, said her organization has received more than 11,000
mortgage-related complaints against attorneys in the past three years, with
the most common complaints being loan modification scams. In loan
modification scams, typically the attorney or a representative offers
distressed homeowners help in modifying the terms of a mortgage, but takes
money from the victims without delivering real help. “The clients pay fees
but don’t get any services and often end up losing their homes,” Ernde said.
The ABA described the proliferation of complaints as a
“disturbing trend” because lawyers are sworn to uphold the law and add
legitimacy to transactions. A number of states — including Georgia, South
Carolina and Massachusetts — require the presence of attorneys instead of
Notary Signing Agents at home loan signings.
Notaries
have contacted the NNA about attempts by dishonest loan modification
companies to hire them under false
pretenses in order to make mortgage scams look legitimate.
The scammers typically hire Signing Agents to collect advanced fees from
customers for loan modifications or to notarize “loan assistance documents”
and then take the documents away from a signer without leaving any copies.
Ernde
warned all Notaries to avoid any job offers that require collecting an
advance fee for loan modification services from a customer — this practice
is banned in several states including California.
If you are contacted by an attorney, law firm or
other business that offers “loan modification” assignments involving
advanced fee collection or any other suspicious or unusual requests, refuse
any such offers and contact
local law enforcement or your state Attorney General’s office to report it.
~*~
JPMorgan Chase Bank Dick Jamie Dimon
Indicted - Arrest Warrant Issued!
• Posted by Glenn Canady on
October 3, 2012 at 11:00pm
This story is moving fast! We are going to
be DAYS ahead of the mainstream media in reporting that JPMorgan Chase CEO
- Jamie Dimon has had an arrest warrant issued by the FBI! This story
which was broken by Tom Heneghan is EXPLOSIVE! The banksters have
robbed America since the creation of the Federal Reserve in 1913 and the
Fake CIA News and political puppets will not discuss this fraud!
~*~
~ HOME FORECLOSURE REMEDIES ~
~ WHY WE ARE WINNING ~
~ HOW WE ARE WINNING ~
BE ON THE CALL TONIGHT - 9PM EST / 6PM PACIFIC
www.FreedomsRadio.com
YOU DON'T HAVE TO
LOSE YOUR HOME
THERE IS HELP AND THERE IS HOPE
~*~
~*~
How
the Michael Lawrence Program Works:
~*~
The OMNI Process
There are
basically three parts to this process developed by Michael Lawrence;
The
Administrative Process:
$3,500.00
About 4 years ago Michael Lawrence developed
an administrative remedy that was highly successful, then and unto itself,
in stopping the foreclosure and allowing for the reconveyance of the title
back to the homeowner. The homeowner was then free to sell
their property or place the property into the safety of a trust which many
did. It also was designed to dovetail with future planned federal lawsuits;
one dealing with RESPA, TILA, and HOEPA violations; the other dealing with
FDCPA, FCRA, and TPA violations. Although the Admin
Process no longer affects the foreclosure moving forward against the
homeowner; it does still establish the proper, and I emphasize ‘proper’,
Qualified Written Request and exhaust your Administrative Remedies.
It furthermore established that line drawn in the sand to the exact point
in time a proper Dispute began.
The
Evidence Package:
$800.00 inclusive
or ala cart; $1,800.00
This Admin Process is joined with an Evidence
Package that clearly establishes just who the true owner and holder of the
note really is. In over 500 observations not once has the true owner
and holder of the note been the party who is servicing the note.
Imagine that….. A Forensic Loan Analysis and a Securitization
Analysis of the Loan is processed identifying the CUSIP and the REMIC
numbers associated with your ‘loan’ and further identifies each and every
trade associated with these numbers. Using your favorite Search
Engine look up “CUSIP and the REMEC” and the word “fraud” and see what you
get.
This is one portion of the process.
OMNI
Trust:
$3,750
Another portion of the process is to create
the OMNI Trust. This trust is the lawful vehicle that enables Mr.
Lawrence and his lawyers to litigate the issues they wish to assert and
challenge.
OMNI
Gold:
$2,500
The final portion of this process is for you
to purchase the OMNI Gold product. This is where your property, via the
OMNI Trust, drags your property, not you, into court
where a proper adversarial complaint is lodged.
Ultimately, the attorney for the trust,
joined with financial backers who provide the cash settlement amount to pay
off your mortgage, offers The Claimant, your Servicer, to ascertain beyond
a shadow of a doubt with the appropriate evidence, their standing - in
other words - to make absolutely sure they are the True Party
in Interest - The True Owner and Holder of The Note -
a potential injured party were they not paid.
Once the Claimant established this fact, the investors will simply pay off
the debt in exchange for the Original Promissory Note, a Certified Copy of
the Chain of Custody of the Note showing that The Claimant honestly
acquired The Note and lastly, a Certified Copy of the days Call Report from
the Original Lender establishing that The Original Lender truly lent you
their assets and not their Credit, a thing illegal under Title 12 of the
United States Code.
This is not Rocket Science, Folks, nor is
it Hollywood theater.
It is simply the law as I understand it.
I need you to understand something very
important: This process portion – where your property is taken into
court via the trust – is priced at $2,500.00, separately. HOWEVER, I will not allow our membership to go forward
into this part of the process without having completed the other portions
as outlined above. Why? It is my observation that all that is
mentioned above is required to completely avail the fullness of the desired
end result. This is my opinion. I’ve observed this for over
fifteen years. This is what is required of the YRIITL Membership and
nothing short of this.
WAR CHEST
$1,250
This is just what it is; the accumulation of
funds for whatever necessary purposes arise to operate with throughout this
effort. It is the same uniform
amount for every one involved.
Below I have copied from last
weeks email to you a thorough explanation of the Evidence Package as it is
one of the two keys that unlocks the door that the banks have kept away
from the homeowners for you better understanding.
Also, I want to add that other Information
Providers offer other avenues to fight the foreclosure process that focus
on the Break in the Chain of
Title, which you hear about each Thursday evening.
~*~
Forensic Loan
Analysis
YRIITL introduces you
to a team of dedicated audit professionals that provide qualified
reporting. The Information Provider leading this team is Shannon.
A Forensic Loan
Analysis is the process of investigating and scrutinizing all documentation
pertaining to your loan at the time of origination. The Information
Provider, Shannon, and her team analyze all the information and cogently
put that information into a report that can be used as supporting evidence by
your legal counsel in an action against your lender. During the
height of the real estate market (1999 through 2008) some mortgage lenders
- most, by example of the history of reports already generated by Shannon's team - did not follow underwriting
standards that are required by the Federal government and State regulatory
bodies. These guidelines must be followed by originators of home loans. The
loan origination process, by not complying with the state and federal rules
and regulations, became a morass of side-stepped rules and concealed the
true damage done to homeowners.
When Shannon and her
team of loan auditors dissect originating documents they look first to the
state and federal laws protecting homeowners. Your current loan can reveal
TILA, RESPA, HOEPA, and FDCP violations, and other applicable underwriting
standards. The law pertaining to mortgage lending is very comprehensive and
there are laws to protect homeowners from becoming victims of predatory
lending. Reviewing every document that was presented to you at the
closing of your home loan has the potential to reveal multiple violations
such as: Truth in Lending Act, Real Estate Settlement Procedures Act, Home
Ownership Equity Protection Act, Fair Debt Collection Practices Act, Broker
Licensing, Loan Transaction Documentation, Proper Calculation of APR and
Finance Charges, Underwriting Standards, Predatory Loan Indicators, Your
Home Purchase Process. Did you receive a legitimate (good faith)
appraisal by a qualified and licensed appraiser, OR did your lender inflate
the home value for their benefit? Was there Due Diligence on the part of
your lender to verify your ability to repay the loan by having you submit
the required financial information, OR did they just use your credit score
and paystubs? Right of Rescission – were you notified that you had the
right to cancel the loan within a specified amount of time as required by
law?
Prior to getting the
loan did you have to sign separate agreements with your broker that were
not part of the original agreement? Were all the terms of the loan properly
disclosed to you by the loan officer and all questions answered prior to
signing the loan? Did the lender provide you with all the State and Federal
Disclosures (TILA, RESPA, HUD etc.) as required by law? Did you pay down
extra points when originating your home loan? Has your mortgage broker
received extra fees and commissions that you were unaware of when you
originated your loan? Do you know how much you will have paid for your home
by the end of your loan? Since you were giving them a cash item with value
(Promissory Note), shouldn’t you have received a receipt for their intake
of this asset? For example, when you leave your car to be serviced, or sell
it, or lend something to someone, don’t you get a contract with a receipt?
Is your Promissory Note and Deed of Trust together or are they separated?
The Deed of Trust contract is NOT the receipt in the cash (Promissory Note)
transaction. (The Promissory Note is considered cash as that is how
the bank’s ledger shows it on their books.)
Did you know The
Promissory Note is a different item altogether from the Deed of Trust
contract? Yes, two completely separate transactions are taking place.
This is why it is so imperative for the Banks to keep the two transactions
together at all times. Separated, they are impotent. Did the mortgage
broker/closing agent provide full disclosure that your Promissory Note was
to be sold? Did the Bank make an actual loan to you using the bank’s own
money, or did they act as a middle-man and use investors’ money? How was
your mortgage interest rate determined by the bank / mortgage lenders? Did
they put you on a sliding scale depending upon your internal “ability to
pay” as predicated by your credit scores? If so, the fact that you gave
them FULL CONSIDERATION in the form of a Promissory Note UPFRONT and they
still put you into a sliding scale for interest is discriminatory,
predatory and immoral.
Securitization
Analysis
Due to the complexity
of auditing loan documents this report includes the specialized reports to
meet the growing needs for both the public and private sectors. Your
Information Provider, Shannon and her team, is directly involved at all
points of the audit service, from audit testing, analysis, and data analytics
that are transparent, regulatory and reporting compliant....
These specialized
reports, among other things, include locating your loan in a particular
trust with up-to-date information with respect to whether or not your loan
is performing or non-performing in the securitized trust. This information
is important because all securitized trusts need to comply with the PSA
(Pooling and Servicing Agreement) as dictated by the rules of the SEC
(Securities and Exchange Commission), FTC (Federal Trade Commission) and
other federal and state regulatory agencies.
Her team’s extensive
research capabilities and technological expertise allow the investigators
the ability to locate, track and verify transactional information on home
loans. Using proprietary data from various financial networks such as
federal regulatory agencies, state regulatory agencies, financial
reporting associations and county records, this team provides analytics on
financial transactions pertaining to mortgages and securitized trusts. This
team will provide you with a layered transactional synthesis of your home
mortgage.
This report provides
pertinent data to the homeowner and their legal counsel that helps
formulate a plan of action – whether offensively or defensively, and always
for home ownership rights. The team we break down these complex financial
transactions into a cogent and transparent report. This type of solution
based report is specifically tailored to the Homeowners needs.
The report will
include the following:
- Loan Recording at county, governmental housing
reporting agencies and financial reporting services
- Deed Recording and Transfers
- Verification that Assignees on Promissory Note is
True and Correct
- Information Identifying “True” beneficial Interest
as per Promissory Note
- Disclosures and Sufficiency of Information as per
UCC
- Securitized Trust Verification
- Pooling and Servicing Agreement governing the Trust
that holds your Note
- CUSIP – Identifying the Trust Account
- Trust Prospectus filed with the Securities and
Exchange Commission
- Identification of the Servicers; Originators;
Trustees and Underwriters
- Details of Bond Performance – Transactional
up-to-date information
- Periodic Reporting of Loan Performance in
Securitized Trust
- Client Specific Information – (special requests)
Shannon is a subscriber of proprietary
software and uses the latest search tools for Non-Agency residential loans
by characteristic; either Loan Number or Original Amount that are provided
to perform a search to verify that the loan is inside the Securitized
Trust.
These reports are
available Ala Cart as well as inclusive to The Remedy
Michael Lawrence offers.
~*~
I hope you attend this evening’s call either by phone or the
web.
~*~
A L S O
A Vested Manna
Process WIN!
On November
21, 2011, a Northern Virginia Circuit Court entered an order granting
plaintiff homeowner a default judgment in a quiet title action, voiding the
deed of trust.
Earlier
this year, frustrated by the fact that she could not get to the real party
in interest to modify a loan, the homeowner went on the offensive and filed
a court action to quiet title to her property and seeking nullification of
the deed of trust supposedly encumbering the property with a
first mortgage. Subsequently, a bank servicer (posing as an owner)
moved to intervene into the case on the grounds that its’ ownership rights
in the debt and the property would supposedly be at
stake. Any homeowner may successfully oppose this type of motion with
the Direction, Support and Product of Vested Manna. In this case,
the motion was withdrawn. Because none of the remaining defendants
responded, the homeowner moved for judgment by default, seeking
nullification of the deed of trust. The judgment was granted and the court
entered an order voiding the deed of trust. This appears to be the first
ruling of this kind in Virginia. Similar rulings have been
obtained in Missouri, Arkansas, Utah, Texas,
and Florida. See the Thursday night free tele-conference calls
at www.FreedomsRadio.com for
more information.
~*~
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