U.S. Bank Admits Their Limited Authority

Unveil the truth behind trustee roles in foreclosure and how U.S. Bank’s own brochure is a bombshell revelation with Living Lies.

The Illusion of Trustee Power

When foreclosure documents list U.S. Bank, Deutsche Bank, or Bank of New York Mellon as trustees, homeowners often assume these institutions are directly managing their loans. But recently, an internal U.S. Bank brochure surfaced, revealing the truth: trustees are figureheads, not decision-makers.

According to U.S. Bank’s own words, trustees:

• Hold mortgage loans only for the benefit of investors.
• Collect payments from servicers and distribute them.
• Do not initiate foreclosures.
• Do not manage or maintain properties.
• Do not approve loan modifications.
• Do not oversee or direct servicers.

They even admit they don’t know when loans default. Their role is limited to acting as a placeholder for pooled mortgages in securitized trusts.

What This Means for Homeowners

If U.S. Bank itself admits it doesn’t initiate foreclosures or make loan decisions, then how can it claim legal standing to foreclose?

The reality is clear:

• Servicers pull the strings—handling foreclosures, modifications, and loan management.
• Trustees are used as a front name in foreclosure filings, creating the illusion of authority.
• This disconnect raises serious questions about who actually has the right to enforce your mortgage.

Standing: A Critical Defense

In foreclosure defense, standing is everything. If the trustee doesn’t own or control the loan, then who does? Was your mortgage even validly assigned to the trust? Did transfers comply with the trust’s rules? Or was the paperwork sloppy—or even fraudulent?

Challenging trustee standing often exposes:

• Improper or missing assignments.
• Trusts that never legally acquired the loan.
• Servicers acting without disclosed authority.

This defense strategy has helped countless homeowners delay or stop foreclosures when the “plaintiff” couldn’t prove they had a valid claim.

Why is the Brochure a Bombshell?

U.S. Bank’s own brochure is essentially an admission:

• Trustees don’t make foreclosure decisions.
• Trustees don’t oversee loan management.
• Trustees are passive administrators, not active enforcers.

For homeowners, this information is a powerful tool. It allows you and your attorney to question standing, demand discovery, and force the other side to prove authority—something they often can’t do.

Fighting Back Against Wrongful Foreclosure

If you’re facing foreclosure, remember:

• The trustee on your documents may not have the right to foreclose.
• Servicers are the true actors—but they rarely disclose who they’re really working for.
• Challenging standing and chain of title is often the key to an effective defense.

Take Action Now

Need help analyzing your case? Our team can assist with foreclosure defense strategies, discovery, and trial preparation to help you avoid costly mistakes.

Call us today at 844.583.5339
Or submit a case statement online for a complimentary recommendation on your best course of action.

Foreclosure Defense Disclaimer

Foreclosure defense is complex and outcomes vary. There is no guarantee of results. Success depends on aggressive litigation and discovery. Foreclosure mills fight to wear you down—but properly challenging servicers and trustees can delay or even defeat wrongful claims.

Yes, you DO need a lawyer.

Tags: foreclosure defense
Posted in Corruption, securities fraud |