Editor’s Note: Here is a memo I received on a case with which I am assisting. It clearly shows three different stakeholders showing three different amount in arrears. Lawyers who take note of these things often get the Motion to Lift Stay denied, the motion to dismiss denied and the motion for summary judgment denied. That puts the case into discovery and as soon as the Judge as had enough of stonewalling from the “bank” (who is there in name only), they order compliance with discovery request (see our forms file or order our entire forms library) PRESTO! the case settles for pennies on the dollar.
SEE: FORMS LIBRARY (in addition to free forms on BLOG)
“I have a Proof of Claim in my Chp. 13 from 2009, a Motion for Relief from Stay in my Chp. 7 from 2009 and a Proof of Claim in my Chp. 11 from 5/15/2012. In two of these cases the monthly payments from July 2008 to March 2009 are ALL different (the 3rd didn’t do a breakdown). How was the Principal calculated?? huh? Anyone? Bueller? Bueller?
Or how about this one:
Chp. 13 Information – 4/28/2009
Creditor: America’s Servicing Company, as servicing agents for US Bank NA as Trustee by Residential Funding Company, LLC fka Residential Funding Corporation Attorney in Fact
Escrow Advances: none
Late Charges: $1,818.12
Attorney Expense, Attorneys Fees, Misc Fc Bk & REO fees, Coll Property Insp, Property Pres.: $1,718.57
Total arrears: $48,828.83
Chp. 7 Information – 9/16/2009
Movant: US Bank NA as Trustee by Residential Funding Company, LLC fka Residential Funding Corporation Attorney in Fact
Escrow Advances: $6,890.72
Late Charges: $2,002.98
Recoverable fees: $2,113.57
Total arrears: $75,065.50
Chp. 11 Information – 9/26/2012
Creditor: US Bank, NA as Trustee for RASC Series 2005-EMX4
Escrow Advances: $3,550.65
Late charges: $7,662.96
Property Inspection fee: $75.00
Total arrears: $201,349.92
39 thoughts on “Multiple Stakeholders Show Up in the Chain and Chicanery”
My husband told me a story recently….his friends kid works at Disney & they now have Russian comidantes working there bossing the employees around….A local radio show host and Chicago journalist said a few weeks ago ….the Russian mafia is here and they are a whole different breed…& they are buying property up all over the country. Esp on the east coast. Thank the traitor politicians for this…namely that imposter Obama & his cronies. These bastards want a blood bath.
Enraged…..What, did you think I am kidding when I say the commies are taking US over without ever firing a shot & these traitors need to be arrested….? For the latest on the fraud…. go here……
http://electronzio.com/
“The song remains the same…and you can’t control me…” The Chinese and the Russians will. And since they’re buying truckloads of foreclosed properties, that shouldn’t take long anymore.
The truth is shadowcat…..you never had any magic fairy dust….this is all about fear….and I do not fear….do I know what’s coming next year you ask…? Let me guess…! More fraud…! The song remains the same…and you can’t control me…. that’s your problem…
Bubble, bubble…toil & trouble….maybe if you add some eye of newt…nah..
LOL…..you want me to fear, fear, fear…..but I have no fear…no doubt you are trying to terrorize me…..but I’m just not feeling it….back to your cauldron..
BTW….shadowcat….I already know the true facts of my cases…I have no fear…you on the otherhand….are spending an awful lot of your time trying to deceive me…..makes me think….you are the fearful one…afterall…some little birdie told me “that judge is mean.” Funny, I don’t fear him.
“Sticks & Stones”…. Your Time is up … Quit living in the bottom of a bottle. I checked into your case …… Start Packing! You didnt win the Lottery… and I’m out of Majic Fairy Dust. Sorry!
Shadowcat….you want me to believe the malefactor is smarter….hes not….& in the end, evil never wins…..chew on that for a while.
The only imbeciles I see are those here who think they are fooling someone. They’re not. The secrets, deception, lies, fraud & corruption are so rampant they can only be the work of one evil entity…The TRUTH IS…..and has been proven all through history…that in the end EVIL NEVER WINS….
Dont get all giddy Ivent, she may be in fc and bk.. but she is a hell of alot smarter than you! And you dont know nuttin except the dead ends I lead you on … chew that awhile!
SC….you have done a fine job of convincing yourself you tried….just like Obama….anagrams now…sheeze..I have officially entered the witches coven.
The whole country is in fraudlosure & Bk because of what these Wall Street crooks did, whether they realize it or not. & that includes you to….and you call me an imbecile…? HA..
You dont think knowing what I know, I dont have a right to be just a lil upset about whats going on? You called me angry and bitter because our pensions, 401k, and stock took huge hits. Are you aware of what happens to them the next year? HUH? Of course not … You called me Heartless …. I found that ironic coming from someone in fc and bk.,
Imbecile.
Then why are you stalking us … move on!
Oooops … Sorry…..
“Have you ever wondered how I know so much about folks?” You know jack and I don’t wonder anything about either one of you two. You’ve proved yourselves. Better things to do with my time than think about you.
Not Nice Enraged …. Have you ever wondered how I know so much about folks? yeah.. me to. Not sure if its a Blessing or a Curse. Watch that slippery tounge …. sssssss
Imbeciles.
Sounds like your trying to convince yourself… you shouldnt be worried about convincing me of anything. Its the Judge you need to convince…. Do come back and let us know how that works for you. In the mean time … flkdhgalkhsdoaiwethladghal;ksdhal
Take advantage of what…? Massive bank fraud to the tune of a quadrillion dollars committed by the banks with our signatures..? Kudlows been a real bank shill lately. Hes shown his true colors are not red white & blue..! Hes another IMPOSTER traitor S.O.B…for defending those crooks..all traitors are slowly being revealed….as promised if we sought the truth…
In simple laymans terms ….. AA …”Alcohol Annonyance”.
you only want to take advantage of it … could Kudlow be right? hmmm
BTW shadowcat……I didn’t create the financial weapon of mass destruction….they did..
Lifelines are not the proper correction for this….the only lifeline that is proper is my SATISFACTION OF MORTGAGE……
AA rated lifelines….? I know now their “loan” was a subprime piece of shit, set up to fail…piece of crap…& so is the rest of their b.s…..so they should have given me my Satisfaction by now…I pray for you….you are trying to convince yourself you did something moral. Nice try.
The only.. “mass destruction”.. going on is you missing the AA Lifelines. So I said a Prayer for You! My work is done.
shadowcat….I know the investors got paid……& they are waiting in the wings to come in & swoop up our stolen property or invest in RENTERS fraud……commies..I am talking about when their next debt bubble bursts……that is when the real hell breaks loose….that is why they were never audited….this is really about their hidden weapons of financial weapons of mass destruction..
There you go again…inflicting pain on yourselves ……. there’s a name for that illness…..it makes you look sick…& sadistic…
More like snarks…& no ones laughing. Esp.the victims who have been thrown out into the street….
Imbecile.
Neil said it…..they are insolvent. Insolvent means…..their debt can never be repaid..
Umm… You lost your Halo Enraged. LOL! I like your Horns! The Attorneys go to Neil, you know … to talk to the level headed individuals who know how to use a phone better than they do their mouth. The public stream is only for their Entertainment. *snorts*
“…these mortgages are insolvent…”
What the hell does that mean? It’s not even English, for Pete’s sake. Yep, bankers’ lawyers coming here must have a field day!
@IWANTMYNVP
“…direct the question to him. Point blank state — priors were not paid off. Borrowers do have records, and GSEs have records. Explain why prior loans not paid off and prior trusts not paid by so-called subprime refinance. SEC is not in business for borrowers — only for security investors. They are protecting them, but who is protecting the borrowers??? AG settlement —- what settlement???
LET HIM GIVE YOU AN EXPLANATION FOR THIS. And, if he tells you he wants proof — proof is evident by cancelled checks, title company unrecorded assignments, fraudulent discharges, and invalid lien cancellation. He needs to find out what trust the prior loan was in, contact the SEC, and find out if that trust was paid off by the refinance. Security investors are onto the fraud, have been for a long time. They were NOT paid off by the refinance. He just needs to really do his research. He will shock himself. Or, he already knows, and is covering…”
@IWANTMYNVP
“…Prospectus says that loans may or may not be GSE compliant. Almost every Prospectus says this. No one knows. But, they were NOT. It’s a big mistake to call these loans “mortgage” loans. If they were “compliant” — they would have been directly purchased/refinanced by GSE — and not placed in one of these so called subprime (false) trusts.
But, that is not the focus. The focus is that that no one knows what is reported about them to the GSEs. At subprime refinance, loan is paid — but not by the borrower. Loan is paid by servicer/mortgagee, with insurance proceeds, to purchase from the GSEs. Yes, — loan is paid — just not by the borrower. Borrower remains in default — with the GSE — and with the subprime refinance so-called lender.
Certificate investors purchased cash pass-through rights derived from these fabricated subprime loans — THAT IS ALL. No derivative of a “mortgage” loan, because there WAS NO mortgage loan. Nothing needed to be financed (except any cash-out), thus, security investors did not fund the loans. There were no loans to fund.
Derivatives on valid mortgages exist, but the derivatives, and securities, and loans, attached to the subprime, were not valid. They were bogus. And, investors are winning monetary settlements. But, homeowner victims remain victims…”
….in an inobvious way of course….!
LOL…Neil…! So true….! They are literally proving these mortgages are insolvent and admitting they are felons…
Silly Neil …. You can collect those dry erase markers outside Federal Court to, its all about getting them to commit to something in writing, O’h Sorry… of course you know that. *Grins* Neil was a Bright Student … he could always see the elephant in the room.