Tricks of the Trade: Banks' Playbook Behind the scenes

For those who are willing to do the work, events after the “sale” of the foreclosed property will probably reveal the puppets and at least point to the puppet-masters.

As you investigate each named party leads to a dead end without any legal entity who is responsible for the actions taken.

I have a client who is in a predicament that is usually the way things go in the world of false claims of securitization and false paperwork, false sales, and transfers after sales of the property. Taking my advice she has admitted nothing and she assumes that whatever “information” is proffered by the attorneys handling the foreclosure is a lie. So she continued to follow the trail even after the property was supposedly sold and a deed was issued supposedly to the trust who according to the foreclosure mill was the owner of the “loan” (or at least the debt.

Part of her problem is that when she looks up the “owner” on the website of the county recorder, a name pops up that was never in the foreclosure, never in litigation and never in the chain of title.

Let us help you plan for trial and draft your foreclosure defense strategy, discovery requests and defense narrative: 202-838-6345. Ask for a Consult.

I provide advice and consent to many people and lawyers so they can spot the key elements of a scam. If you have a foreclosure or a deal you want skimmed for red flags order the Consult and fill out the REGISTRATION FORM. A few hundred dollars well spent is worth a lifetime of financial ruin.

PLEASE FILL OUT AND SUBMIT OUR FREE REGISTRATION FORM WITHOUT ANY OBLIGATION. OUR PRIVACY POLICY IS THAT WE DON’T USE THE FORM EXCEPT TO SPEAK WITH YOU OR PERFORM WORK FOR YOU. THE INFORMATION ON THE FORMS ARE NOT SOLD NOR LICENSED IN ANY MANNER, SHAPE OR FORM. NO EXCEPTIONS.

Get a Consult and TERA (Title & Encumbrances Analysis and & Report) 202-838-6345. The TEAR replaces and greatly enhances the former COTA (Chain of Title Analysis, including a one page summary of Title History and Gaps).

THIS ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU CAN RELY IN ANY INDIVIDUAL CASE. HIRE A LAWYER.

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1. AHMIC  entered into a transaction with the trust, with Deutsche Bank as Trustee in which the property was purchased for value from the Trust. If a deed exists that says that it is very recent because it did not come to me as part of the foreclosure chain of title.
2. AHMIC  entered into a transaction with the trust, with Deutsche Bank as Trustee, but signed by Ocwen as “attorney in Fact” in which the property was purchased for value from the Trust. If a deed exists that says that it is very recent because it did not come to me as part of the foreclosure chain of title. Without a power of attorney attached, in accordance with industry standards, or at the very least identified by date and parties, the execution of such an instrument must be further investigated to determine if the execution of the deed was valid and not void.
3. A person whose employment is uncertain executed a deed to AHMIC on behalf of either the trust, the trustee and /or Ocwen (as attorney in fact — see preceding paragraph on power of attorney). There is no consideration or value paid although the deed may state something like $10 and other valuable consideration. This is the most likely scenario.
   1. If the facts conform to this, then the transfer without value indicates that AHMIC was a conduit or alleged principal (most likely conduit) at the time of the sale. Your opposition will state that the bid by the trust was a credit bid on behalf of a “creditor”.
   2. The transfer without value indicates that the foreclosing trust was only a placeholder for an undisclosed party. AHMIC could not be a creditor unless it had an actual financial stake in the purported loan. In actuality AHMIC is stepping into the nonexistent shoes of American Brokers Conduit, which is merely a fictitious name.

In other words their games, often revealed after the foreclosure sale and mostly overlooked reveal the misrepresentations of fact that were knowingly made to the Judge, the homeowner, and indeed the world through recording instruments that should never have been drafted, much less executed and recorded.

Tags: AHMIC, American Brokers Conduit, American Home Mortgage Investment Company, Eviction, TRUTH, Unlawful Detainer, websites
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