Upon finding that a portion of those payments should be applied to the subject loan, the declaration of default would be invalid because it would either be wrong inasmuch that the third party payments would at least be prepayments of future monthly payments, or wrong because the third party payments reflected an inaccurate accounting of […]

Tags: accounting, adversary, bankruptcy, credit default swaps, creditor, Federal Bailout, foreclosure, insurance, schedules, secured claims, securitized mortgage, third party payments, unsecured creditors
Posted in bubble, Corruption, Eviction, expert witness, securities fraud, Servicer |

from June Reyno: 2010/03/30 at 2:43pm Once all of this information has been compiled with all their names, titles, addresses, signatures, company affiliation– we should then begin submitting these (i.e. notary public signatures) to various state agencies for confirmation and verification that these “people” are actually who say they are on the paper closing statements […]

Tags: ARM, Bankruptcy automatic stay, Bonafide Purchasers, CC 1161(a), County Recorder’s Office, fiduciary, LLC, Option One Mortgage Corporation, Residential Funding Real Estate Holdings, San Diego Police Dept., trustee, Washington Mutual
Posted in bubble, Corruption, Eviction, expert witness, foreclosure mill, securities fraud, Servicer |