Real Deal REInvestor Network

I left off of Part 1 by stating that the banks are involved in not only knowingly defruading you in order to steal your money and property, they are also committing insurance fraud on the grandest scale, all of this allegedly. Of course everyone in this country is innocent until proven guilty, right? So, when there is a default, who is really the injured party? If anyone, it's the insurance companies.

There is really a lot to this whole thing, more than we can actually fit into the confines of a blog. My intention is to raise some points to give you food for thought, and hopefully you will have direction to investigate and come to your own conclusions. What I have learned about all of this has come from more than 2 years of tracking the papertrail of my own notes, and interviewing countless experts in banking, including present and former banking officials, public officials, and other researchers. And, reading many thousands of pages of documents; banking guidelines, Federal Reserve guidelines, MERS rules, regs and guidelines, UCC and USC codes and laws, the US Constitution, Federal, State, and local laws and statutes, Acts of Congress (HJR's) and more. I am also currently in the process of filing criminal charges (and civil litigation) regarding bank fraud and extortion against the banks, trustees, (and MERS) with the specific evidence that I have uncovered on my own mortgage transactions. The complaints will be filed with my state's Attorney General's office, the US District Attorney's office, and the FBI. 

I want to touch on a couple more issues with this, and if you have questions feel free to message me and I can pass along more info. There's a huge trend of note buying going on right now. I know several gurus who are selling programs to teach investors how to go to the banks asset mangers and purchase their non-performing "notes". If 95+% of the notes that were created since about 2005 are basically destroyed or no longer can be recovered, what are investors getting when they buy the so-called "note" from the bank? They are only getting a simple release of lien, same with short sales, and trustee sales. The problem is the party that is listed as the "lender" (servicer) does not have the right nor the authority to issue such a release. They get away with it because no one questions them. Most judges and attorneys have absolutely no clue about how this transaction works, if you've read Part 1 of this blog and up to this point, you are now more informed than most judges and attorneys! Loan mods don't work; if you know anything about the success rate of loan mods, you know that they go right back into default shortly after they are completed. Again, the lender/servicer has absolutely NO RIGHT to modify a loan, all of that is governed in the prospectus and pooling agreement of the trust. They are blatantly lying to you (9 times out of 10) that your loan can be modified.

Here are some resources with great free information for you to follow up on, if you are in forclosure or you know someone who is about to lose their home, please have a look at these and share them with others. I am not an affilite of any of these sites, I make no money to share these with you and I am also not offering any legal advice what so ever; everyone should always seek competant legal help from an attorney. With the disclaimer out of the way, have a look at these sites, I recommend you download any of the ebooks that are offered for free:
www.consumerdefenseprograms.com (listen to the audio)
www.freeandclearin90.com
www.showmetheloan.net
www.securedassetsgroup.com
www.yourremedyisinthelaw.com