RESOURCES ON FANNIE MAE "TRUSTS"

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LIST OF FANNIE MAE TRUSTS

FANNIE MAE PROSPECTUS FOR INVESTORS 2011-T02

Remember that just because FANNIE says it is a FANNIE Trust doesn’t mean the the Trust exist or that the loan is in it. In your quest for certainty don’t take the burden off the other side — make them prove where the loan is, and don’t let them get away with partial data. The “loan” consists of an obligation that arises by law when the funding occurs (if the funding actually occurred), then the note (if it is valid) and finally the mortgage (if it is valid).

Based upon current data, there appears to be confidence that Trusts claimed to be within the FANNIE and Freddie rubric ever actually took ownership of the loans because the transfer documents were incomplete or because the data was submitted to FANNIE MAE while the actual money was handled as though it was securitized another way. Taking data from the FANNIE MAE or FREDDIE MAC website is no substitute for actual discovery and disclosure where you can see the transfer documents, the trust creation, the transfer of the entire loan package into the trust and the appointment of a working trustee.

Tags: bankruptcy, borrower, countrywide, disclosure, Fannie MAe, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, Freddie, LOAN MODIFICATION, modification, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND
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