All of these adjectives describing securitization add up to one thing: the claims were false. For the most part none of the securitizations ever happened. And that means that the REMIC trusts never purchased the debt, note or mortgage. And THAT means the “servicer” claiming the right to administer a loan on behalf of the […]

Tags: Ally, deficient securitization, double blind fraud, REMIC TRUST, Sanders, TBTF, Trump
Posted in Corruption, discovery, securities fraud, Servicer |