Tonight! Piece by Piece — the Truth emerges. Paatalo and Marshall talk about the latest findings and admissions by the real players in foreclosures 3PM PDT 6PM EDT

Thursdays LIVE! Click in to the WEST COAST Neil Garfield Show

with Charles Marshall and Bill Paatalo

Or call in at (347) 850-1260, 6pm Eastern Thursdays

It’s getting increasingly hot in the kitchens of the investment banks that cooked up the fake securitization scheme. It has taken 20 years, so far, but now there are clear facts that “contradict” the lawyers who have asserted to the courts that they represent a bank, when they don’t, and that the bank owns the debt, which it doesn’t, or that some certificate holders or trust owns the loan account which they don’t. In fact, the inescapable conclusion is that eh loan account is completely wiped out concurrently with origination of the homeowner transaction.

As you will see in coming days we have uncovered admissions, on record, by CoreLogic about VendorScape and the role of CoreLogic — i.e. as central repository for all images, data and initiation of all actions concerning administration, collection and alleged enforcement of loan accounts that do not appear on the records of any company or financial institution.

Bill Paatalo has obtained intel through his private investigation tools to reveal explosive evidence that WAMU contracted with ACS Image Solutions to destroy loan files in August of 2008, a month before the September 2008 Receivership in BK which WAMU was forced into as a result of the meltdown of their overall accounting balance sheet in the summer of 2008. The establishing of this connection should lead to further legal developments, and we will discuss on the Show how this connection can be used in borrower litigation, both on the Plaintiff’s side and where the borrower is on the Defense side.

The ONLY reasonable or possible explanation for the destruction of what were purported to be original loan files is that they were not originals and they had no relevance because WAMU had long since divested itself of any interest in the debts, notes or mortgages. The contract with ACS might well be a cover for something that had already been done.

Then Charles Marshall will discuss discuss how the COVID-19 eviction moratorium is being used in California’s Alameda County to protect formerly foreclosed Unlawful Detainer (UD) lawsuit defendants literally for a period of months now, and will continue to do so for months into the future.

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