ONE ON ONE WITH NEIL GARFIELD
COMBO ANALYSIS TITLE AND SECURITIZATION
- Does the ‘Just Give me the Name of the Trust” product provide PROOF that the mortgage is in that trust?
- Does it tell us how to access that trust and see our mortgage in it?
The answer to your question starts with our premise: that this service will identify whether your loan is CLAIMED to have been securitized. In all probability the claim is false because the proper transfer papers were never executed nor delivered. That leaves the “lender of record” which is the party identified in recorded documents at your County Recorder’s office. The problem there is that the Lender of Record didn’t lend anything, never touched any money and served no purpose other than to pretend to be your lender when in fact the source of funds was from an undisclosed third party.
In fact, in most cases the “lender of Record” never receives any payments either and even if it does, it is only for a month or two after which you are instructed to send your payments to XYZ servicing company who presumably forwards the money to an undisclosed third party who may or may not be a creditor.
The party threatening to evict you is in all probability NOT a creditor having never parted with a nickle to fund your loan or buy it. If they are threatening eviction it might be supposed that a “sale” has occurred. However the auction sale was never completed because the buyer in nearly all cases, offers no money, contrary to state law and instead offers the representation that it is the creditor when in fact it is not. Thus the sale would have taken place under false pretenses, as well as the Notice of Default being defective in that it neither identified the creditor nor the correct amount due.
The “Just Give Me the Name of the Trust” Service is a misnomer in that it does not prove that the loan was securitized, it only shows that the loan was claimed to have been securitized when in fact such was not the case. It would not be in your interest to say or admit PROOF of the facts recited in the identification of a document purporting to describe a pool, which may or may not legally exist, and describes your loan as part of the trust, which probably never legally made it into the pool. Our service identifies potential claimants whose claim is in most cases without merit.
Whether you can find all the appropriate documents on your own regarding the alleged securitization depends upon whether the offering was quasi-public and registered with the SEC or was “private label.” So the answer to your question is NO our search does not PROVE the loan WAS securitized, it only shows the potential claimants who will say that it was securitized even though they have no documents to back up their claim. And the answer to your second question is that NO the limit of this service is to give you the name of the trust.
If you want to pursue the matter further with a title search, report and analysis plus a securitization search, report and analysis you can go to either of these links and buy the COMBO.
COMBO ANALYSIS TITLE AND SECURITIZATION
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary
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