ALL ABOUT MERS IN FOOTNOTES TO SENATE TESTIMONY

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READ FOOTNOTES of Testimony to Senate:
Important disclosures perhaps omitted from verbal testimony given on 11/16/2010 by Mortage Electronic Registration Systems “MERS” President and CEO R.K. Arnold who appears Before U.S. Senate

Washington, D.C., Nov. 16—R.K. Arnold, president and CEO of MERSCORP, Inc., testified today before the United States Senate Committee on Banking, Housing and Urban Affairs. To download a copy of his testimony, please click here. For questions, please contact Karmela Lejarde at 703-761-1274.

http://www.mersinc.org/newsroom/press_details.aspx?id=252

1 MERSCORP, Inc. is structured as a privately held stock company. Its principal owners are the Mortgage Bankers Association, Fannie Mae, Freddie Mac, Bank of America, Chase, HSBC, CitiMortgage, GMAC, American Land Title Association, and Wells Fargo. MERS is headquartered in Reston VA.

2 Members tend to register only loans they plan to sell. Wells Fargo and JP Morgan Chase are the principal members in this regard. They service most of the loans they originate themselves, so registering their retail business on the MERS® System is of less practical value to them. However, when these institutions purchase loans from others, known as their correspondent business, they do require that those loans be registered on the MERS® System.

3 MERS makes its money through an annual membership fee (ranging from $264 to $7,500) based on organizational size, and through loan registration and servicing transfer fees. MERS charges a one-time $6.95 fee to register a loan and have Mortgage Electronic Registration Systems, Inc. serve as the common agent (mortgagee) in the land records. For loans where Mortgage Electronic Registration Systems, Inc. will not act as the mortgagee, there is only a small one-time registration fee ($0.97). This is known as an iRegistration. Transactional fees (ranging from $1.00 to $7.95) are charged to update the database when servicing rights on the loan are sold from one member to another.

4 The originating lender may be the servicer in some cases.

5 A copy of a sample mortgage document can be found in Attachment One. A short summary of MERS prepared by the Mortgage Bankers Association can be found in Attachment Two.

6 This action tells the world that there is a lien against the property. This is done to protect the lender’s interest. The recording of the mortgage puts future purchasers on notice of any outstanding claims against the property.

7 The promissory note is not (and never has been) recorded or stored with the county land records office. The note is a negotiable instrument that can be bought and sold by endorsement and delivery from the seller to the note purchaser. This activity is governed in all fifty states by the Uniform Commercial Code (UCC) Article 3.

8 The MERS® System is the database; MERSCORP, Inc is the operating company that owns the database; and Mortgage Electronic Registration Systems, Inc (“MERS”) a subsidiary of MERSCORP, Inc., which serves as mortgagee in the land records for loans registered on the MERS® System. For discussion purposes, “MERS” may be used in this testimony to refer to all three entities unless specifically stated otherwise.

9 The design of the MERS® System always anticipated and required that borrowers would be able to access the system to determine the servicer of their loans. Providing such information to MERS is a requirement of membership and loan registration.

When Congress acted last year to require that borrowers be told when their note is sold and the identity of the new note-owner,

MERS established, within a matter of weeks, a new service called Investor ID. Of the 3,000 members of MERS, 97% agreed to disclose the identity of the note-owner through the MERS® System. Fannie Mae opted to be disclosed. Freddie Mac chose not
to be disclosed.

10 The issue of whether transfers of residential mortgage loans made in connection with securitizations are sufficient to transfer title and foreclosure rights is the subject of a “View Point” article entitled “Title Transfer Law 101” by Karen Gelernt that appeared in the October 19, 2010 edition of the American Banker. A copy can be found in Attachment Three.

11 A 1993, 36-page white paper entitled “Whole Loan Book Entry Concept for the Mortgage Finance Industry” addresses the concepts underlying MERS and the problems it was designed to address. It is available upon request.

12 The essential elements of the legal principles underlying MERS can be found in “MERS Under Attack: Perspective on Recent Decisions from Kansas and Minnesota,” an article by Barkley and Barbara Clark in the February 2010 edition of Clark’s Secured Transactions Monthly. A copy of this article can be found in Attachment Four.

13 On loans originated by correspondent lenders or brokers (where MERS is not the mortgagee), the costs of preparing assignments and the associated filing fees are listed on the HUD-1 and paid directly by the borrower.

14 Individual states handle real estate foreclosures differently. In some states the foreclosure process is judicial, and in some states it is non-judicial. Under both systems, time frames and terms vary widely from state to state. A brief, general, description of both processes prepared by the Mortgage Bankers Association can be found in Attachment Five.

15 Some important recent cases upholding the rights of MERS include:

16 A review of the use of MERS in all fifty states was done by Covington and Burling in 1996 and 1997 as part of the due diligence associated with the creation of MERS. It is available upon request.

Read: MERS President and CEO R.K.Arnold Appears Before Senate:
MERS President and CEO R.K. Arnold Appears Before U.S. Senate

Washington, D.C., Nov. 16—R.K. Arnold, president and CEO of MERSCORP, Inc., testified today before the United States Senate Committee on Banking, Housing and Urban Affairs. To download a copy of his testimony, please click here. For questions, please contact Karmela Lejarde at 703-761-1274.

http://www.mersinc.org/files/filedownload.aspx?id=667&table=ProductFile
Originator is ‘Mortgage Broker’
What’s Broker?
Wells Fargo Home Mortgage storefront ‘mortgage brokers’ ordered the integrated network of affiliated attorneys, title and settlement agents, closing agents. Wells Fargo Home Mortgage a division of Wells Fargo Bank NA ‘mortgage brokers’ instructs which ‘Lender as Underwriter name to place inside the Title Policy’, and amount of the loan, and Service the secondary loans issued in the name of a third party resold at retail during origiantion as the Servicer, when the consumer as borrower signs the ‘mortgage’ and ‘deed of trust’ for the many loans, refinances, etc.

Corporate Name: Wells Fargo as Trustee
Address: 1015 SE 10 Street
City,State,Zip: Minneapolis, MN 55114
Toll Free Number:
Direct Number: (999) 999-9999
Fax Number: (999) 999-9999
Primary Contact: Gretel Meier
Website:
Member Org ID: 1000105
Lines Of Business: Investor, Trustee
eRegistry Participant: No
eDelivery Participant: No

Notice that Wells Fargo Bank NA Doc Custody eLending is same address and are responsible for eRegistry and eDelivery is an eLender.

ELENDING
Corporate Name: Wells Fargo Bank NA Doc Custody eLending
Address: 1015 10th Avenue SE
City,State,Zip: Minneapolis, MN 55414
Toll Free Number:
Direct Number: (612) 667-1117
Fax Number: (612) 667-1068
Primary Contact: Rita Juda
Website: http://www.wellsfargo.com
Member Org ID: 1010074
Lines Of Business: Originator, Servicer, Subservicer, Investor, Document Custodian
eRegistry Participant: Yes
eDelivery Participant: Yes

Again same address for Document Custodian of Wells Fargo Home Mortgage eRegistry but not eDelivery significant – direction of documents one way in.

Corporate Name: Wells Fargo Mortgage Document Custody
Address: 1015 SE 10th Street
City,State,Zip: Minneapolis, MN 55114
Toll Free Number:
Direct Number: (612) 667-1117
Fax Number: (612) 667-1068
Primary Contact: Todd K. Johnson
Website:
Member Org ID: 1000573
Lines Of Business: Document Custodian
eRegistry Participant: Yes
eDelivery Participant: No

Now during Originations the Closing Agents of Wells Fargo Funding Inc. Correspondent eLending did ORDER nationwide the settlement agents and did order the escrow for the retail transactions payable in the name of the individual settlement agent in which that agent had an account in the corporate treasury services of Wells Fargo Asset Securities Corp in Frederick MD in which ESCROW funds were drawn from the treasury of the Seller and the deposits came in form of a Cashier’s Check or wire transfer from an unrelated third party, whose credit lines were used for the table funded loans.

eLENDING:
Corporate Name: Wells Fargo Funding Inc Correspondent eLending
Address: Sixth & Marquette
City,State,Zip: Minneapolis, MN 55479
Toll Free Number: (100) 328-5074
Direct Number: (800) 328-5074
Fax Number: (800) 328-5074
Primary Contact: Robin Hannah
Website: http://www.wellsfargo.com
Member Org ID: 1010064
Lines Of Business: Investor
eRegistry Participant: Yes
eDelivery Participant: Yes

And what has GMAC-RFC, Norwest got to do with ‘TRUSTEE” and Wells FArgo and Wilminton Trust Co? Wells Fargo Bank NA took over GMAC as trustee of Indenture 1998. Good reason why over 25,837 transactions are recorded in name of Norwest Asset Sec….1998-1 Trust for Registrant Norwest Minneapolis Bank, NA including this very month are responsible for the ‘distributions of the trust funds investors monies.

Including ALS – Wilmington Trust Co (ALS) = Aurora Loan Services

Chase Manhattan Mortgage Corp
When is GMAC Mortgage of Iowa and GMAC Mortgage of PA also GMAC Mortgage Corp, GMAC Specialized Services, also Wells Fargo Bank NA when its not Investor or Trustee. See Gretel Meier’s transacton record above. They’ve removed the website and phone#’s, but they forgot to remove the Primary Contact. And Gretel would not – was not – is not involved in eRegistry or eDelivery. Now the attorney’s who are closign agents part of the nationwide network use eLynx which is integrated with eDelivery. You see GMAC below, they are eDelivery and eParticipant and also are in other records an intermediary funder, etc.

Corporate Name: GMAC Mortgage, LLC
Address: 3451 Hammond Ave Mail Code 507-345-186
City,State,Zip: Waterloo, IA 50702
Toll Free Number: (800) 766-4622
Direct Number: (800) 766-4622
Fax Number: (999) 999-9999
Primary Contact: GMAC MERS Dept.
Website: http://www.gmacmortgage.com
Member Org ID: 1000375
Lines Of Business: Originator, Servicer, Subservicer, Investor, Document Custodian
eRegistry Participant: Yes
eDelivery Participant: Yes

In testimony of RK Arnold before house, RKArnold states in footnotes that Wells and JPM don’g record their own retail transactions. Is that because they don’t trade them? Or they are done in other names? Or they record in their correspondent lending system which is integrated with MERS Members transactions, like eLynx, TD Services, LPS, etc.

Corporate Name: JPMorgan Chase Bank, National Association (fka Chase)
Address: 780 Kansas Lane Suite A
City,State,Zip: Monroe, LA 71203
Toll Free Number: (800) 526-2406
Direct Number: (800) 526-2406
Fax Number: (318) 550-3334
Primary Contact: Rachel Pylant
Website: http://chaseonline.chase.com/chaseonline/logon/sso_logon.jsp
Member Org ID: 1000277
Lines Of Business: Originator, Servicer, Subservicer, Interim Funder, Investor, Document Custodian
eRegistry Participant: No
eDelivery Participant: No

Who was the Mortgage Bankers Finance Group, as Mortgage Bankers an owner with Freddie Mac. And interesting, an Interim Funder who does participate eRegistry and eDelivery

Corporate Name: Wells Fargo Bank NA – Mortgage Banker Finance Group
Address: 2500 Northwinds Parkway Suite 200
City,State,Zip: Alpharetta, GA 30009
Toll Free Number: (800) 753-7765
Direct Number: (678) 867-1078
Fax Number: (678) 893-0522
Primary Contact: Kelly Kucsma
Website:
Member Org ID: 1006404
Lines Of Business: Interim Funder
eRegistry Participant: Yes
eDelivery Participant: Yes

Secondary loans that Underwriters during Origination approved (95% maximum per Indenture and Trustee Agreement with Wilmington Trust Co when Wells Fargo Bank NA Trustee, were also resold during Origination by MEMBERS at RETAIL and those transactions serviced by Wells Fargo Home Mortgage a Division of Wells Fargo Bank NA serviced the ‘Retail’ transactions but disclaim any ownership of the sale (aginst the bank secrecy act to sell a loan twice or Wells Fargo would have to claim the profit and the property could or could not? be part of the 1031 property exchange? Handled by the Closing Agents and Correpsondent Lending division of Wells Fargo Bank NA.

S E R V I C E R
Corporate Name: Wells Fargo Home Mortgage a Division of Wells Fargo Bank NA
Address: 2701 Wells Fargo Way x9998-012
City,State,Zip: Minneapolis, MN 55467-8000
Toll Free Number: (800) 288-3212
Direct Number: (651) 605-3711
Fax Number: (952) 562-0980
Primary Contact: Masse Adjetey
Website: http://www.wellsfargo.com/per/mortgage/mg_overview.jhtml
Member Org ID: 1000113
Lines Of Business: Originator, Third Party Originators, Servicer, Subservicer, Interim Funder, Investor, Document Custodian, MERS 1-2-3
eRegistry Participant: Yes
eDelivery Participant: No

Wells Fargo ‘Email physical address’ of ‘mortgage brokers’, sales adminis, sales managers, inside nationwide ‘storefronts’ all employees of Wells Fargo Bank NA since June 2004 in all 50 states.

Corporate Name: Wells Fargo Home Mortgage
Address: 2701 Wells Fargo Way X9998-012
City,State,Zip: Minneapolis, MN 55467
Toll Free Number:
Direct Number: (651) 605-3711
Fax Number: (952) 562-0980
Primary Contact: Masse Adjetey
Website:
Member Org ID: 1005298
Lines Of Business: Servicer, Subservicer, Investor, Document Custodian
eRegistry Participant: Yes
eDelivery Participant: Yes

Corporate Name: Wells Fargo Bank NA Doc Custody eLending
Address: 1015 10th Avenue SE
City,State,Zip: Minneapolis, MN 55414
Toll Free Number:
Direct Number: (612) 667-1117
Fax Number: (612) 667-1068
Primary Contact: Rita Juda
Website: http://www.wellsfargo.com
Member Org ID: 1010074
Lines Of Business: Originator, Servicer, Subservicer, Investor, Document Custodian
eRegistry Participant: Yes
eDelivery Participant: Yes

Can’t have Federal Savings Bank as purchaser of real estate assets be process transactions of a national bank and for the good readon Wells Fargo Bank NA fka Wachovia Mtg FSB at the correspondent lending address does not particpate in eRegistry or eDelivery – all the Wachovia mortgages being serviced were integrated into Wells Fargo Home Mortgage systems by July 2009.

Corporate Name: Wells Fargo Bank, NA fka Wachovia Mtg FSB
Address: 2701 Wells Fargo Way x9998-012
City,State,Zip: Minneapolis, MN 55467-8000
Toll Free Number: (800) 288-3212
Direct Number: (651) 605-3711
Fax Number: (651) 605-7381
Primary Contact: Thresa Russell
Website: http://www.wellsfargo.com/per/mortgage/mg_overview.jhtml
Member Org ID: 1006487
Lines Of Business: Originator, Servicer, Subservicer, Investor, Document Custodian
eRegistry Participant: No
eDelivery Participant: No

Why were the secondary loans put into the first lien position on the homeowners policy using the amount approved by the Underwriters and not the am

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98 Responses

  1. You’ve made the point.

  2. [...] ALL ABOUT MERS IN FOOTNOTES TO SENATE TESTIMONY Posted on August 13, 2011 by Neil Garfield [...]

  3. Search Google Tyler Durden for full article
    Litigation Embroiled LPS On The Edge After CEO Quits “For Health Reasons” 07/06/2011

    “Lender Processing Services Inc (LPS.N) LPS, which together with MERS, has long been at the heart of the fraudclosure scandal courtesy of loan appraisals which even the FDIC claims were/are fraudulent, just fired a big red warning sign about its continued existence as a going concern after the CEO, Jeffrey Carbiener, just announced he is resigning “due to health concerns.”

    LPS CEO interim Lee Kennedy, its executive chairman.

    The mortgage processing services provider executive chairman and CEO of LPS’s former parent Fidelity National Information Services, will remain the executive chairman $1.7 billion company.

    LPS facing various faces various legal and regulatory issues over its alleged role in wrongful foreclosure practices.

    Increasing scramble by the big banks to settle putback claims litigation

  4. Hello-
    Our email address has changed. Please send any further communication to our new email address merswf@wellsfargo.com or contact Kate Barikor at kate.barikor@wellsfargo.com

    Thanks

  5. POWER OF THE TRUSTEE: BANK OF NEW YORK MELLON (BONY) RETAINED its own experts to assist it in estimating the size of the Covered Trusts’ potential repurchase claims.

    TRUSTEES EXPERT: BONY’S EXPERT (NERA)
    The expert that will determine each Trust’s allocable share of the settlement payment will be National Economic Research Associates (NERA).

    Based on its own analysis, the Trustee BONY AND ITS EXPERT, concluded the settlement was reasonable and in the best interests of the Covered Trusts. THE LINK TO SEE THE 530 TRUSTS INVOLVED:

    http : // www . gibbsbruns . com / files / Uploads / Documents / Exhibit%20A.pdf

    THE INVESTORS in PRIVATE-LABEL mortgage backed securities MBS -? ‘BOA’ ‘Countrywide’ ‘IndyMac’ Home Loans Servicing…

    WHO HANDLES THE PRIVATE-LABEL (WHO ARE THEIR BACK OFFICE)?

    TRUSTEE IDENTIFIED
    525 FIRST-LIEN AND FIVE – SECOND LIEN ‘RMBS LOAN TRUSTS’

    WHO? HANDLES THE PRIVATE-LABEL TRUST FUNDS RESALE OF THE ASSETS OF THE REFERENCED RMBS LOAN TRUSTS?

    TRUSTEE c/o Pass Through Agency, as Depositor, as Seller, as Servicer, as Securities Admin, as Document Custodian….

    PACKAGES UP ‘LOAN TRUST’ ASSETS AND RESELLS

    TRUSTEE ‘sells’ assets to Institutional Bankers, and Institutional Investors’

    BNY Mellon, as Trustee, has entered into the settlement on behalf of 525 first-lien and five second-lien RMBS trusts issued by affiliates of Countrywide. The other parties to the settlement agreement are Bank of America Corporation, Countrywide Financial Corporation, Countrywide Home Loans, Inc. and BAC Home Loans Servicing, L.P. (“BAC Servicing,” sometimes called the Master Servicer).

    SETTLEMENT ADDRESSES ONLY ‘COVERED TRUSTS’ repurchase and servicing claims, NOT REPRESENTATIONS AND WARRANTIES. ANY OTHER ‘SETTLEMENT’ BOA & COUNTRYWIDE WILL ARGUE ANY PAYMENT MADE OR BENEFIT CONFERRED UNDER SETTLEMENT MAY CONSTITUTE AN OFFSET OR CREDIT AGAINST OR A REDUCTION IN GROSS AMOUNT OF INDIVIDUAL INVESTOR’S DIRECT CLAIM FOR DAMAGES.

    THIS ACTION IN RESPONSE TO:
    Notice of Non-Performance issued on October 18, 2010 Institutional Investors, through their counsel, led the settlement negotiations with Bank of America and BNY Mellon, as Trustee

    POWER TO THE INSTITUTIONAL INVESTORS GUARANTEED BY SENIORITY C/O TRUSTEE

    QUESTION: WILL INSTITUTIONAL INVESTORS BENEFIT DIFFERENTLYTHAN OTHER INVESTORS UNDER SETTLEMENT? NOBODY PAID ADDITION TO THE DECEPTIVE ANSWER?
    The Institutional Investors will participate in the settlement, like every other investor, based on the seniority of the securities they own.

    ‘SETTLE’ MORTGAGE REPURCHASE AND SERVICING CLAIMS
    OWNED BY 530 COVERED TRUSTS.

    Implement Servicing changes and improvement expected to IMPROVE outcomes for borrowers and investors. Same info as RECONTRUST NA, and BOA claim expect improvements in process are directly related and defined herein.

    BNY Mellow as Trustee sought court approval of settlement

    Institutional Investors (clients) intervene in proceedings and use best efforts to obtain approval of settlement.(see list below)

    SETTLEMENT ADDRESSES MORE THAN MORTGAGE REPURCHASE CLAIMS.

    QUESTION:
    What improvements in mortgage servicing benefit borrowers and investor?

    ANSWER: ADDING ANOTHER LAYER TO HANDLING PAYMENTS VIA SUBSERVICER (AT BOA’S EXPENSE – NO EXPENSE OF COMMON STOCKHOLDER WILL REDUCE COMMON STOCK DIVIDENDS ADDING TO OVERHEAD)

    Bank of America agreed to move servicing of high-risk loans for troubled borrowers to qualifed sub-servicing firms, at Bank of Americ’as expense & Clarifies Loss Mitigation Standards

    The Institutional Investors represented by Gibbs & Bruns LLP are:

    BlackRock Financial Management, Inc.
    Federal Home Loan Bank of Atlanta
    The Federal Reserve Bank of New York’s Maiden Lane entities
    AEGON USA Investment Management LLC
    Bayerische Landesbank
    Goldman Sachs Asset Management L.P.
    ING Investment Management L.L.C., ING Bank, fsb, and ING Capital LLC
    Invesco Advisers, Inc.
    Kore Advisors, L.P.
    Landesbank Baden-Wuerttemberg and LBBW Asset Management (Ireland) plc, Dublin
    Metropolitan Life Insurance Company
    Nationwide Mutual Insurance Company and its affiliate companies
    Neuberger Berman Europe Limited
    New York Life Investment Management LLC
    Pacific Investment Management Company LLC (PIMCO)
    Prudential Investment Management, Inc.
    Teachers Insurance and Annuity Association of America
    Thrivent Financial for Lutherans
    Trust Company of the West and its affiliated companies controlled by The TCW Group, Inc.
    Western Asset Management Company

    COMMON STOCK OWNERS CAN LOOK FORWARD TO THE BILLS INCLUDING:

    Q: What are the improvements in mortgage servicing that will be implemented as a result of the settlement?

    A: The agreement requires a series of improvements in mortgage servicing that, over time, are expected to improve outcomes for borrowers and investors alike. These improvements include:

    a. An agreement to transfer certain high-risk loans owned by the Covered Trusts to qualified subservicers, at BAC Servicing’s expense, for “high touch” servicing to achieve the twin goals of improving responsiveness to troubled borrowers and reducing loss severities in the Covered Trusts;

    b. Benchmarking loan servicing by BAC Servicing against defined industry standards such as default-servicing timelines (with the payment of agreed-upon fees to the Covered Trusts if those benchmarks are not met);

    c. Clarifying loss mitigation standards under the agreements that govern the Covered Trusts, to ensure borrowers are considered for all applicable modification programs at once, reflecting a shared commitment to efficient and timely procedures to assist distressed borrowers; and,

    d. Implementation of a cure process for mortgage and title documentation, coupled with an agreement by BAC Servicing to indemnify the Covered Trusts for any losses caused by their inability to liquidate a mortgage as a first-lien mortgage.

    In total, Bank of America estimates the cost to implement the servicing improvements will be approximately $400 million.

  6. johngault,

    Yo!! Case is Bank of NY v Raftogianis. And, was probably source of thereafter OTC by NJ.

    But, NJ has lifted the stay as to uncontested foreclosures — as the Master is convinced that the “banks” – subject to the OTC — now have their “systems/documents” in order. This relates to uncontested foreclosures only. Thus, will have to contest in order to apply law. But, legal services have been cut. Those least knowledgeable – will have no protection.

  7. yo, anonymous! How about a link to the Todd case? thanks

  8. johngault,

    Well, if you live in NJ — according to case law, (and I assume other states would follow this if properly presented as in NJ), in order to “be in possession” — the note must be properly conveyed. If not properly conveyed — not in possession. See Todd decision.

    Well, again, no notes were properly conveyed according to MANDATES of PSAs and Prospectus. Thus, not in possession.

    Read the Todd case — carefully.

    This “in possession” argument — part of the old boy attorney network — that went south with the bogus PSAs and Prospectus.

  9. Can someone tell us clearly what does this imaginary mortgagee, namely, MERS do?

    1.Does it scan and store the promissory note?
    2.Does it scan and store mortgage?
    3.Does it only record transactions on an arbitrary basis?
    4.Who are the owners to use these computers?
    5.What relationship does it have with the county land evidence registry?
    6.Is this kept as a public record or under lock and key to some?
    7.How can a machine be a mortgagee?

  10. Now, please help me out here if you will or can, but notes endorsed in blank that might be held in bailment are nonetheless enforceable by the party in possession pursuant to the provisions of art III of the UCC…..? What the heck? This just can’t be first impression – surely notes have been physically held in bailment on other ‘deals’ for years…..yes? no?

  11. @ND, you said:

    “TRACK ‘INVESTORS, AND TRADED THE SERVICING MORTGAGE NOTES’ AS COLLATERAL SOLD TO INSTITUTIONAL …”

    Can’t find the rest of your sentence below. My eyes are shot! But, is that a verbatim quote number 1 (most important), and 2, if so where did you get it?

  12. Here is a general description of bailment so one doesn’t have to look it up:

    Bailment describes a legal relationship in common law where physical
    possession of personal property, or chattel, is transferred from one person
    (the ‘bailor’) to another person (the ‘bailee’) who subsequently has
    possession of the property. It arises when a person gives property to
    someone else for safekeeping.

    General Bailment is distinguished from a contract of SALE or a gift of
    property, as it only involves the transfer of possession and NOT its
    ownership. To create a bailment, the bailee must both intend to possess, and actually physically possess, the bailable chattel. Bailment is a typical
    common law concept although similar concepts exists in civil law (Spain-
    Depósito).

    A common example of bailment is leaving your car with a valet. Leaving your
    car in a parking garage is typically a license, as the car park’s intent to
    possess your car cannot be shown. Or when you put your stuff in a storage unit at a storage facility, the storage co. owner does not own your stuff. It’s a bailment. If you want to learn more, start with wikipedia – it’s as good as any imo.

  13. @ms – the only baillment I see here is the one with the sec trustee or his custodian in regard to the note. Well, maybe there is bailment as to MERS in the dot, altho I don’t think that legitimately describes the relationship, but again, maybe it would. I see no bailment of the note in regard to MERS. MERS holds nothing for anyone in regard to a note when the note being ‘held’ is a copy, a scan, whatnot, so you have still lost me if that is your argument.

  14. Does anyone here know ‘Nora’?

  15. @johnanderson – what do you mean the note shows MERS as the owner?
    (in ref to you went and looked at the note) More info is needed here!
    The Note is endorsed to MERS? Say what?! No, you can’t mean that, so what do you mean?

  16. God Bless you John Gault ! Reading the actual business documents which govern the members and control the data transactions processing over the CLOUD and were integrated into other vendor’s networks critically important as evidence. Technology research paralegals’ who ignored the ‘MERS’ National Registry March 2003, Version 1.0, and every attorney who ignored original note destoryed use only eNote, could have saved how many homes taken in foreclosure and bankruptcy where MIN# affixed?

    MERS allowed mortgage rights to be traded without actually having to go down to country court houses and record additional assignments causing havoc on economy and substantive harm to consumers.

    MERS Commercial promoted publically by Wells Fargo’s John Stumpf. Initially set up by Bank of America, Bear Stearns, GE Capital, GMAC Commercial, John Hancock and Wells Fargo. It used the same basic procedure as for residential loans but a separate system of registry.

    THIS NATIONAL REGISTRY IS THE MARCH 16, 2003, VERSION 1.0 THAT IS AVAILABLE TO ALL TO READ AND DIGEST.

    Wells Fargo promoted MERS COMMERCE July 2003, Trustee for the first commercial loan was recorded on the system — a $300m loan by Bank of America, backed by 40 US properties.

    Note its estimated (2004-2008) $280 BILLION DOLLARS worth of conduit deals with ‘some’ MERS language found inside deal documents.

    Example in public offerings to ‘investors’ like the Teachers and Municipality Pension Funds of each state…
    CMBS deals noted in risk disclaimers

    “The recording of mortgages in the name of MERS is a new practice in the commercial mortgage lending industry. Public recording officers and others may have limited, if any, experience with lenders seeking to foreclose mortgages, assignments of which are registered with MERS. Accordingly, delays and additional costs in commencing, prosecuting and completing foreclosure proceedings and conducting foreclosure sales of the mortgaged properties could result. Those delays and the additional costs could in turn delay the distribution of liquidation proceeds to certificate-holders and increase the amount of losses on the loans.”

    Back in the day, MERS was created to record the name of a single named ‘Lender’ in which ‘residentia mortgage notes’ were acquired by Institutional Investors who were slicing and dicing collateral into other financial products and financial services related to SEC’s: ABS, RMBS, MBS….2003 CMBS.

  17. @ND – if you are looking for more intent as to the MERS’ machine, look at the part of their membership agreement which 1) provides that to foreclose in MERS’ name the member needed to have possession of the note (a bearer note, of course). MERS did no diligence. As far as I can tell by my reading, if the member got caught not having the note in its possession, but had foreclosed, that member would get a ‘fine’ from MERS. A fine – really?
    MERS rules don’t say to the members ‘go back and undo the foreclosure ‘or even ‘we (MERS) are going to go back and undo the wrongul foreclosure’. NO, the almighty MERS is going to slap a fine on its member for its coffers.
    MERS imo laid out nothing short of a criminal enterprise.

    To reiterate, MERS idiots felt that if the member had possession of the note and the member had a mers’ straw officer, since MERS held the dot in public record, this united the possession of the note with the dot, so off with the house! This schematic is fatally flawed in the first place, and to make it even more absurd and criminally offensive, if foreclosure were done outside this fatally flawed schematic (member did not possess note), MERS stated remedy was a fine to its member.

  18. I wont be surprised to find out some of these banks have outsourced foreclosure legal support in India and most of them are copy and paste jobs done for attorneys here in the USA.

    It’s time to outlaw foreclosure in the USA. Enough is enough.

  19. Master Servicer WFC Holdings c/o Bitterroot Associates Nevada

    Parent Wells Fargo & Co.
    (11/2/1998 Merger former registrations of Norwest Corp survived
    therefore Norwest Bancorporation survived).

    Registrant Wells Fargo & Co/MN
    Formerly Assigned On
    Norwest Corp 7/3/92
    Northwest Bancorporation 5/16/83

    Wells Fargo & Company
    420 Montgomery Street
    San Francisco, California 94163
    U.S.A.

    Phone Number Incorporated In IRS Number Fiscal-Year End
    1-612-667-1234 Delaware, U.S.A. 41-0449260 12/31
    SEC CIK 72971

    Symbol WFC CUSIP/CINS/PPN Issuer # 949746

    SIC Code Industry Source As Of
    6021 National Commercial Banks SEC 8/12/11
    6712 Offices of Bank Holding Companies Filing 11/21/08

    Free Writing Prospectus ‘FWP’ ‘assets’ of cash as receivables pass through agency deposits of funding of eLenders Members of MERS, FIS, FNF, …represents ‘collateral’ purchased and came with rights to service loans. Performing loans intended to be placed inside of ‘some fictitious named ‘Issuing Entity’ in which Depositor as Seller will be paid commission for trading ‘mortgage collater’ for purchasing servicing rights.

    During Origination, FILE DOC ID: ‘0123456W089′ exchanged assigned loan #’s 10 digit loan number ‘remitter’ affixed to Escrow represents Cash Deposit into the PRE-FUNDING “small %” of deposit allocated towards one of many ‘Issuing Entity’ c/o Registrant ‘Wells Fargo Asset Securiteis fka Norwest Asset Securities Corp (“NASCOR”) in which ‘Wells Fargo Asset Securities Corp’ accepts from undisclosed third party during origination purchase cash as escrow from unrelated third party of Credit Facility related to ‘Fidelity’ ‘Commonwealth’ merger 1995/1996.

    (Detusche Bank Trust CO in 2002 forward) for example, origination ‘Escrow’ Cash Deposit.

    Filed
    As Of Filing
    [ Relationship ] Period/
    Effective Doc.
    # / of Document Description Pages

    2/1/08 ‘FWP’ [ re: Wells Fargo Asset Securities Corp ] – 1 / 1 ‘FWP’ … HTML
    2/1/08 ‘FWP’ [ re: Wells Fargo Asset Securities Corp ] – 1 / 1 ‘FWP’ … HTML
    2/1/08 ‘FWP’ [ re: Wells Fargo Asset Securities Corp ] – 1 / 1 ‘FWP’ … HTML
    8/7/07 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2007-AR4 Trust ] – 1 / 1 ‘FWP’ … 54
    4/4/07 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2007-5 Trust ] – 1 / 1 ‘FWP’ … 225
    1/29/07 ‘FWP’ [ re: Wells Fargo Asset Securities Corp ] – 1 / 1 ‘FWP’ … 37
    1/29/07 ‘FWP’ [ re: Wells Fargo Asset Securities Corp ] – 1 / 1 ‘FWP’ … 35
    1/29/07 ‘FWP’ [ re: Wells Fargo Asset Securities Corp ] – 1 / 1 ‘FWP’ … 29
    1/29/07 ‘FWP’ [ re: Wells Fargo Asset Securities Corp ] – 1 / 1 ‘FWP’ … 35
    1/29/07 ‘FWP’ [ re: Wells Fargo Asset Securities Corp ] – 1 / 1 ‘FWP’ … 29
    1/29/07 ‘FWP’ [ re: Wells Fargo Asset Securities Corp ] – 1 / 1 ‘FWP’ … 37
    1/29/07 ‘FWP’ [ re: Wells Fargo Asset Securities Corp ] – 1 / 1 ‘FWP’ … 35
    11/28/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-19 Trust ] – 1 / 1 ‘FWP’ … 3
    11/22/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-18 Trust ] – 1 / 1 ‘FWP’ … 2
    11/21/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-18 Trust ] – 1 / 1 ‘FWP’ … 1,585
    11/21/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-19 Trust ] – 1 / 1 ‘FWP’ … 152
    11/17/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-18 Trust ] – 1 / 1 ‘FWP’ … 52
    11/16/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-19 Trust ] – 1 / 1 ‘FWP’ … 50
    11/15/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-18 Trust ] – 1 / 1 ‘FWP’ … 52
    10/31/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-20 Trust ] – 1 / 1 ‘FWP’ … 66
    10/30/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-19 Trust ] – 1 / 1 ‘FWP’ … 108
    10/30/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-19 Trust ] – 1 / 1 ‘FWP’ … 50
    10/30/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-20 Trust ] – 1 / 1 ‘FWP’ … 50
    10/27/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-19 Trust ] – 1 / 1 ‘FWP’ … 50
    10/25/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-17 Trust ] – 1 / 1 ‘FWP’ … 4
    10/24/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-17 Trust ] – 1 / 1 ‘FWP’ … 181
    10/13/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-16 Trust ] – 1 / 1 ‘FWP’ … 50
    9/29/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-12 Trust ] – 1 / 1 ‘FWP’ … 10
    9/28/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR14 Trust ] – 1 / 1 ‘FWP’ … 3
    9/26/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-12 Trust ] – 1 / 1 ‘FWP’ … 545
    9/25/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR14 Trust ] – 1 / 1 ‘FWP’ … 392
    9/25/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR14 Trust ] – 1 / 1 ‘FWP’ … 593
    9/22/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR14 Trust ] – 1 / 1 ‘FWP’ … 354
    9/13/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-13 Trust ] – 1 / 1 ‘FWP’ … 51
    9/13/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-14 Trust ] – 1 / 1 ‘FWP’ … 51
    9/13/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-16 Trust ] – 1 / 1 ‘FWP’ … 1,134
    9/13/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-16 Trust ] – 1 / 1 ‘FWP’ … 50
    9/12/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-12 Trust ] – 1 / 1 ‘FWP’ … 51
    8/31/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR14 Trust ] – 1 / 1 ‘FWP’ … 48
    8/29/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-12 Trust ] – 1 / 1 ‘FWP’ … 607
    8/29/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR14 Trust ] – 1 / 1 ‘FWP’ … 655
    8/29/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR17 Trust ] – 1 / 1 ‘FWP’ … 274
    8/28/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-11 Trust ] – 1 / 1 ‘FWP’ … 526
    8/28/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-11 Trust ] – 1 / 1 ‘FWP’ … 9
    8/25/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR17 Trust ] – 1 / 1 ‘FWP’ … 47
    8/24/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR15 Trust ] – 1 / 1 ‘FWP’ … 194
    8/24/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR16 Trust ] – 1 / 1 ‘FWP’ … 257
    8/24/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR16 Trust ] – 1 / 1 ‘FWP’ … 47
    8/23/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR15 Trust ] – 1 / 1 ‘FWP’ … 66
    8/17/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR14 Trust ] – 1 / 1 ‘FWP’ … 47
    8/14/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-12 Trust ] – 1 / 1 ‘FWP’ … 50
    8/10/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-11 Trust ] – 1 / 1 ‘FWP’ … 50
    8/2/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR12 Trust ] – 1 / 1 ‘FWP’ … 48
    7/31/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR12 Trust ] – 1 / 1 ‘FWP’ … 345
    7/28/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR13 Trust ] – 1 / 1 ‘FWP’ … 48
    7/27/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR11 Trust ] – 1 / 1 ‘FWP’ … 3
    7/26/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR11 Trust ] – 1 / 1 ‘FWP’ … 391
    7/20/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-11 Trust ] – 1 / 1 ‘FWP’ … 559
    7/20/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-11 Trust ] – 1 / 1 ‘FWP’ … 50
    7/13/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR12 Trust ] – 1 / 1 ‘FWP’ … 47
    7/13/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR12 Trust ] – 1 / 1 ‘FWP’ … 235
    6/29/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-8 Trust ] – 1 / 1 ‘FWP’ … 5
    6/29/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-8 Trust ] – 1 / 1 ‘FWP’ … 441
    6/20/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-9 Trust ] – 1 / 1 ‘FWP’ … 776
    6/16/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-8 Trust ] – 1 / 1 ‘FWP’ … 50
    6/16/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-9 Trust ] – 1 / 1 ‘FWP’ … 50
    6/9/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR10 Trust ] – 1 / 1 ‘FWP’ … 47
    6/7/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR10 Trust ] – 1 / 1 ‘FWP’ … 1,835
    6/7/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR10 Trust ] – 1 / 1 ‘FWP’ … 47
    5/25/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-8 Trust ] – 1 / 1 ‘FWP’ … 50
    4/21/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR7 Trust ] – 1 / 1 ‘FWP’ … 842
    4/21/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR7 Trust ] – 1 / 1 ‘FWP’ … 3
    3/30/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-4 Trust ] – 1 / 1 ‘FWP’ … 12
    3/30/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-4 Trust ] – 1 / 1 ‘FWP’ … 540
    3/21/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR7 Trust ] – 1 / 1 ‘FWP’ … 48
    3/21/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR7 Trust ] – 1 / 1 ‘FWP’ … 542
    3/20/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-4 Trust ] – 1 / 1 ‘FWP’ … 51
    3/16/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-4 Trust ] – 1 / 1 ‘FWP’ … 52
    3/7/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-5 Trust ] – 1 / 1 ‘FWP’ … 51
    3/7/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-5 Trust ] – 1 / 1 ‘FWP’ … 100
    3/3/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-4 Trust ] – 1 / 1 ‘FWP’ … 419
    3/3/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR6 Trust ] – 1 / 1 ‘FWP’ … 51
    3/2/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR4 Trust ] – 1 / 1 ‘FWP’ … 511
    3/2/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR5 Trust ] – 1 / 1 ‘FWP’ … 1,086
    3/2/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR6 Trust ] – 1 / 1 ‘FWP’ Free Writing Propsectus 900
    2/27/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR2 Trust ] – 1 / 1 ‘FWP’ … 3
    2/27/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR2 Trust ] – 1 / 1 ‘FWP’ … 2,852
    2/27/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR2 Trust ] – 1 / 1 ‘FWP’ … 2,339
    2/24/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-1 Trust ] – 1 / 1 ‘FWP’ … 2
    2/24/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-1 Trust ] – 1 / 1 ‘FWP’ … 303
    2/24/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR3 Trust ] – 1 / 1 ‘FWP’ … 596
    2/24/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR3 Trust ] – 1 / 1 ‘FWP’ … 3
    2/23/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR1 Trust ] – 1 / 1 ‘FWP’ … 3
    2/22/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR1 Trust ] – 1 / 1 ‘FWP’ … 420
    2/21/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR4 Trust ] – 1 / 1 ‘FWP’ … 47
    2/21/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR5 Trust ] – 1 / 1 ‘FWP’ … 48
    2/21/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-4 Trust ] – 1 / 1 ‘FWP’ … 52
    2/6/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR2 Trust ] – 1 / 1 ‘FWP’ 1st Filing 46
    2/3/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR3 Trust ] – 1 / 1 ‘FWP’ … 46
    2/2/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR1 Trust ] – 1 / 1 ‘FWP’ … 46
    2/1/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-3 Trust ] – 1 / 2 ‘FWP’ … 50
    2 / 2 ‘FWP’ … (PDF Version) PDF
    1/27/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-2 Trust ] – 1 / 1 ‘FWP’ … 51
    1/19/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-1 Trust ] – 1 / 1 ‘FWP’ … 81
    1/19/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR1 Trust ] – 1 / 1 ‘FWP’ … 270
    1/18/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-AR1 Trust ] – 1 / 1 ‘FWP’ … 42
    1/11/06 ‘FWP’ [ re: Wells Fargo Mortgage Backed Securities 2006-1 Trust ] – 1 / 1 ‘FWP’ … 41
    ________
    This filing was Deleted by the SEC.

    Wells Fargo & Co/MN 2005 (reorganization)
    Similarly-Named Registrants
    Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A
    Wells Fargo Advantage Global Dividend Opportunity Fund [ formerly Wells Fargo Advantage Global Opportunities Fund ]
    Wells Fargo Advantage Global Opportunities Fund [ now Wells Fargo Advantage Global Dividend Opportunity Fund ]
    Wells Fargo Advantage Income Opportunities Fund [ formerly Evergreen Income Advantage Fund ]
    Wells Fargo Advantage Multi-Sector Income Fund [ formerly Evergreen Multi-Sector Income Fund ]
    Wells Fargo Advantage Utilities & High Income Fund [ formerly Evergreen Utilities & High Income Fund ]
    Wells Fargo Advisors Financial Network/LLC [ formerly Wachovia Securities Financial Network/LLC ]
    Wells Fargo Advisors/LLC [ formerly Wachovia Securities LLC ]
    Wells Fargo Alternative Asset Management/LLC
    Wells Fargo Alternative Loan 2002-1 Trust
    Wells Fargo Alternative Loan 2007-PA1 Trust
    Wells Fargo Alternative Loan 2007-PA2 Trust
    Wells Fargo Alternative Loan 2007-PA3 Trust
    Wells Fargo Alternative Loan 2007-PA4 Trust
    Wells Fargo Alternative Loan 2007-PA5 Trust
    Wells Fargo Alternative Loan 2007-PA6 Trust
    Wells Fargo Assest Sec C Orp Mort Backed Sec 2004-3 Trust
    Wells Fargo Asset Backed Securities 2001-4 Trust [ now Wells Fargo Asset Sec Corp Mor Pass Thr Cert Ser 2001-4 ]
    Wells Fargo Asset Mortgage Backed Securities 2001-20 Trust
    Wells Fargo Asset Mortgage Back Securities 2001-19 Trust
    Wells Fargo Asset Sec Corp Alternative Loan 2002-1 Trust
    Wells Fargo Asset Sec Corp Mo Pass Thru Cert Series 2001-21
    Wells Fargo Asset Sec Corp Mor Backed Ser 2003-H Trust
    Wells Fargo Asset Sec Corp Mor Backed Series 2003-13
    Wells Fargo Asset Sec Corp Morgage Asset Sec 2002-D Trust
    Wells Fargo Asset Sec Corp Mor Pass Thr Ceert Ser 2001-6 [ now Wells Fargo Asset Sec Corp Mor Pass Thr Cert Ser 2001-6 ]
    Wells Fargo Asset Sec Corp Mor Pass Thr Cert Ser 2001-13
    Wells Fargo Asset Sec Corp Mor Pass Thr Cert Ser 2001-18
    Wells Fargo Asset Sec Corp Mor Pass Thr Cert Ser 2001-25
    Wells Fargo Asset Sec Corp Mor Pass Thr Cert Ser 2001-27
    Wells Fargo Asset Sec Corp Mor Pass Thr Cert Ser 2001-28
    Wells Fargo Asset Sec Corp Mor Pass Thr Cert Ser 2001-32
    Wells Fargo Asset Sec Corp Mor Pass Thr Cert Ser 2001-34
    Wells Fargo Asset Sec Corp Mor Pass Thr Cert Ser 2001-4
    Wells Fargo Asset Sec Corp Mor Pass Thr Cert Ser 2001-5
    Wells Fargo Asset Sec Corp Mor Pass Thr Cert Ser 2001-6
    Wells Fargo Asset Sec Corp Mor Pass Thr Cert Ser 2001-7
    Wells Fargo Asset Sec Corp Mor Ps Thr Cer Ser 2001-10
    Wells Fargo Asset Sec Corp Mort Backed Sec 2002-16 Trust
    Wells Fargo Asset Sec Corp Mort Backed Sec 2002-22 Trust
    Wells Fargo Asset Sec Corp Mort Bk Sec 2002-11 Trust
    Wells Fargo Asset Sec Corp Mortgage Pass Thr Cert Ser 2003-D
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs 2004-1
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs 2004-A
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2000-11
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2000-13
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2000-14
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2000-1 Tr [ see Wells Fargo Asset Securities Corp ]
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2000-2
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2000-3 Tr [ see Wells Fargo Asset Securities Corp ]
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2000-5
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2000-6
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2001-11
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2001-12
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2001-21
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2001-26
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2001-9
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2002-12
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2002-20
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2002 F
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Ser 2003-2
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Series 2000-3
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Series 2000-4
    Wells Fargo Asset Sec Corp Mort Pass Thr Cert Series 2002-1
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Ser 2003-1
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Ser 2003 10
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Ser 2003-11
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Ser 2003-14
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Ser 2003 17
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Ser 2003-19
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Ser 2003-5
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Ser 2003-7
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Ser 2003-9
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Ser 2003-A
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Ser 2003-I
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Ser 2003-K
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Ser 2003-L
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Series 2003-8
    Wells Fargo Asset Sec Corp Mort Pass Thr Certs Series 2003 O
    Wells Fargo Asset Sec Corp Mort Pass Through Cert Ser 2000 8
    Wells Fargo Asset Sec Corp Mort Pas Thr Cert Ser 2001 33
    Wells Fargo Asset Sec Corp Mort Pas Thr Cert Ser 2003 16
    Wells Fargo Asset Sec Corp Mort Pas Thr Certs Ser 2001 31
    Wells Fargo Asset Sec Corp Mort Pas Thr Certs Ser 2003 12
    Wells Fargo Asset Sec Corp Mort Pas Thr Certs Ser 2003 N
    Wells Fargo Asset Sec Corp Mort Pa Thr Cert Series 2003-C
    Wells Fargo Asset Sec Corp Mort Ps Thr Certs Ser 2004-2
    Wells Fargo Asset Sec Corp Mort Ser 2003-M
    Wells Fargo Asset Sec Mor Backed Ser 2003-J Trust
    Wells Fargo Asset Sec Mortgage Backed Sec 2004-D Trust
    Wells Fargo Asset Securites Corp 2003-G [ formerly Mortgage Pass-Through Certificates Series 2003-G ]
    Wells Fargo Asset Securites Corp Mor Bk Sec 2001-16 Trust
    Wells Fargo Asset Securities Corp [ formerly Norwest Asset Securities Corp ]
    Wells Fargo Asset Securities Corp Backed Series 2004-C Trust
    Wells Fargo Asset Securities Corp Mor Bk Sec 2001-26 Trust
    Wells Fargo Asset Securities Corp Mor Passthr Cer Ser 2003-6
    Wells Fargo Asset Securities Corp Mor Pas Thr Cer Se 2001-01 [ see Wells Fargo Asset Securities Corp ]
    Wells Fargo Asset Securities Corp Mor Pas Thr Cer Se 2001-02
    Wells Fargo Asset Securities Corp Mor Pas Thr Cer Se 2001-03 [ see Wells Fargo Asset Securities Corp ]
    Wells Fargo Asset Securities Corp Mor Pas Thr Cer Se 2001-17
    Wells Fargo Asset Securities Corp Mor Pas Thr Cer Se 2002-16
    Wells Fargo Asset Securities Corp Mort Back Trust 2003-15
    Wells Fargo Asset Securities Corp Mort Ba Sec 2001-24 Trust
    Wells Fargo Asset Securities Corp Mort Ba Sec 2002-4 Trust
    Wells Fargo Asset Securities Corp Mort Bkd Sec 2002-9 Trust
    Wells Fargo Asset Securities Corp Mort Bk Sec 2000-10 Trust
    Wells Fargo Asset Securities Corp Mort Bk Sec 2000-1 Trust [ now Wells Fargo Asset Securities Corp Mort Bk Sec 2000-3 Trust ]
    Wells Fargo Asset Securities Corp Mort Bk Sec 2000-3 Trust
    Wells Fargo Asset Securities Corp Mort Bk Sec 2000-9 Trust
    Wells Fargo Asset Securities Corp Mort Bk Sec 2002-10 Trust
    Wells Fargo Asset Securities Corp Mort Bk Sec 2002-15 Trust
    Wells Fargo Asset Securities Corp Mortgage Backed 2004-B
    Wells Fargo Asset Securities Corp Mortgage Backed Securities Series 2004-L
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2004-7
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-1
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-10
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-11
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-12
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-13
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-13 [ see Wells Fargo Asset Securities Corp ]
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-14
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-15
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-16
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-17
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-18
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-2
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-3
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-4
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-5
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-6
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-7
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-8
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-9
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR10
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR11
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR12
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR13
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR14
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR15
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR16
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR4
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR5
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR6
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR7
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR8
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR9
    Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2006-AR1 [ see Wells Fargo Mortgage Backed Securities 2006-AR1 Trust ]
    Wells Fargo Asset Securities Corp Mort Pas Thr Cert Se 02 19
    Wells Fargo Asset Securities Corp Mort Pas Thr Cert Ser 01 2 [ see Wells Fargo Asset Securities Corp ]
    Wells Fargo Asset Securities Corp Mort Pas Thr Cert Ser 03 3
    Wells Fargo Asset Securities Corp Mort Pa Th Cer Se 2001-14
    Wells Fargo Asset Securities Corp Series 2002-E
    Wells Fargo Asset Securities Series 2004-J
    Wells Fargo Auto Receivables Corp
    Wells Fargo Bank Arizona National Association [ formerly Norwest Bank Arizona National Association ]
    Wells Fargo Bank & Co [ formerly First Interstate Bancorp/DE ]
    Wells Fargo Bank Indiana National Association [ formerly Norwest Bank Indiana NA ]
    Wells Fargo Bank Iowa National Association [ formerly Norwest Bank Iowa NA ]
    Wells Fargo Bank Michigan National Association [ formerly MFC First National Bank/MI ]
    Wells Fargo Bank Minnesota NA [ formerly Norwest Bank Minnesota N A/MA ]
    Wells Fargo Bank Montana National Association [ formerly Norwest Bank Montana NA ]
    Wells Fargo Bank NA
    Wells Fargo Bank Nebraska NA [ formerly Norwest Bank Nebraska NA ]
    Wells Fargo Bank Nevada NA
    Wells Fargo Bank New Mexico National Association [ formerly Norwest Bank New Mexico NA ]
    Wells Fargo Bank Northwest NA [ formerly First Security Bank NA ]
    Wells Fargo Bank of Arizona NA [ now Wells Fargo Bank of Arizona NA ]
    Wells Fargo Bank of Arizonia NA [ formerly Wells Fargo Bank of Arizona NA ]
    Wells Fargo Bank South Dakota National Association
    Wells Fargo Bank Texas National Association [ formerly Norwest Bank Texas NA ]
    Wells Fargo Bank West National Association [ formerly Norwest Bank Colorado National Association ]
    Wells Fargo Bank Wisconsin National Association [ formerly Norwest Bank Wisconsin National Association ]
    Wells Fargo Bank Wyoming National Association [ formerly Norwest Bank Wyoming National Association/NY ]
    Wells Fargo Capital I
    Wells Fargo Capital II
    Wells Fargo Capital III
    Wells Fargo Capital IV
    Wells Fargo Capital IX
    Wells Fargo Capital V
    Wells Fargo Capital VI
    Wells Fargo Capital VII
    Wells Fargo Capital VIII
    Wells Fargo Capital X
    Wells Fargo Capital XI
    Wells Fargo Capital XII
    Wells Fargo Capital XIII
    Wells Fargo Capital XIV
    Wells Fargo Capital XIX
    Wells Fargo Capital XV
    Wells Fargo Capital XVI
    Wells Fargo Capital XVII
    Wells Fargo Capital XVIII
    Wells Fargo Capital XX
    Wells Fargo & Co [ now WFC Holdings Corp ]
    Wells Fargo Commercial Mortgage Securities Inc [ formerly Wachovia Commercial Mortgage Securities Inc ]
    Wells Fargo Core Trust [ now Wells Fargo Master Trust ]
    Wells Fargo Delaware Trust Company/National Association [ now Wells Fargo Delaware Trust Co/N/A ]
    Wells Fargo Delaware Trust Co/N/A [ formerly Wells Fargo Delaware Trust Company/National Association ]
    Wells Fargo Energy Capital Inc
    Wells Fargo Family Office Fund FW/LLC
    Wells Fargo Family Office Fund I/LLC
    Wells Fargo Family Office Master Fund/LLC
    Wells Fargo Financial Auto Owner Trust 2005-A
    Wells Fargo Financial Inc [ formerly Norwest Financial Inc ]
    Wells Fargo Funds Distributor/LLC
    Wells Fargo Funds Management/LLC
    Wells Fargo Funds Trust
    Wells Fargo Home Equity Asset-Backed Securities 2004-2 Trust
    Wells Fargo Home Equity Asset-Backed Securities 2005-1 Trust
    Wells Fargo Home Equity Asset-Backed Securities 2005-2 Trust
    Wells Fargo Home Equity Asset-Backed Securities 2005-3 Trust
    Wells Fargo Home Equity Asset-Backed Securities 2005-4 Trust
    Wells Fargo Home Equity Asset-Backed Securities 2006-1 Trust
    Wells Fargo Home Equity Asset-Backed Securities 2006-2 Trust
    Wells Fargo Home Equity Asset-Backed Securities 2006-3 Trust
    Wells Fargo Home Equity Asset-Backed Securities 2007-1 Trust
    Wells Fargo Home Equity Asset-Backed Securities 2007-2 Trust
    Wells Fargo Home Equity Trust Mort Pass Thru Cert Ser 2004-1 [ formerly Structured Asset Sec Corp Mort Pass Thru Cert Ser 2004-1 ]
    Wells Fargo Institutional Trust Co [ now BlackRock Institutional Trust Company/N/A ]
    Wells Fargo Investments LLC [ formerly Mackenzie Ragen Inc ]
    Wells Fargo Master Trust [ formerly Wells Fargo Core Trust ]
    Wells Fargo Mortgage Asset-Backed Pass -Through Certificates/Series 2005-1
    Wells Fargo Mortgage Asset-Backed Pass -Through Certificates/Series 2005-2
    Wells Fargo Mortgage Backed Securities 2001-15
    Wells Fargo Mortgage Backed Securities 2001 22 Trust
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    Wells Fargo Mortgage Backed Securities 2001-29 Trust
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    Wells Fargo Mortgage Backed Securities 2002 6 Trust
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    Wells Fargo Mortgage Backed Securities 2002-8 Trust
    Wells Fargo Mortgage Backed Securities 2002 9 Trust
    Wells Fargo Mortgage Backed Securities 2002-A Trust
    Wells Fargo Mortgage Backed Securities 2002-B Trust
    Wells Fargo Mortgage Backed Securities 2002-C Trust
    Wells Fargo Mortgage Backed Securities 2003-1 Trust
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    Wells Fargo Mortgage Backed Securities 2006-10 Trust
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    Wells Fargo Mortgage Backed Securities 2006-8 Trust
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    Wells Fargo Mortgage Backed Securities 2006-AR10 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR11 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR12 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR13 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR14 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR15 Trust
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    Wells Fargo Mortgage Backed Securities 2006-AR18 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR19 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR1 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR2 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR3 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR4 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR5 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR6 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR7 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR8 Trust
    Wells Fargo Mortgage Backed Securities 2006-AR9 Trust
    Wells Fargo Mortgage Backed Securities 2007-10 Trust
    Wells Fargo Mortgage Backed Securities 2007-11 Trust
    Wells Fargo Mortgage Backed Securities 2007-12 Trust
    Wells Fargo Mortgage Backed Securities 2007-13 Trust
    Wells Fargo Mortgage Backed Securities 2007-14 Trust
    Wells Fargo Mortgage Backed Securities 2007-15 Trust
    Wells Fargo Mortgage Backed Securities 2007-16 Trust
    Wells Fargo Mortgage Backed Securities 2007-17 Trust
    Wells Fargo Mortgage Backed Securities 2007-1 Trust
    Wells Fargo Mortgage Backed Securities 2007-2 Trust
    Wells Fargo Mortgage Backed Securities 2007-3 Trust
    Wells Fargo Mortgage Backed Securities 2007-4 Trust
    Wells Fargo Mortgage Backed Securities 2007-5 Trust
    Wells Fargo Mortgage Backed Securities 2007-6 Trust
    Wells Fargo Mortgage Backed Securities 2007-7 Trust
    Wells Fargo Mortgage Backed Securities 2007-8 Trust
    Wells Fargo Mortgage Backed Securities 2007-9 Trust
    Wells Fargo Mortgage Backed Securities 2007-AR10 Trust
    Wells Fargo Mortgage Backed Securities 2007-AR1 Trust
    Wells Fargo Mortgage Backed Securities 2007-AR3 Trust
    Wells Fargo Mortgage Backed Securities 2007-AR4 Trust
    Wells Fargo Mortgage Backed Securities 2007-AR5 Trust
    Wells Fargo Mortgage Backed Securities 2007-AR6 Trust
    Wells Fargo Mortgage Backed Securities 2007-AR7 Trust
    Wells Fargo Mortgage Backed Securities 2007-AR8 Trust
    Wells Fargo Mortgage Backed Securities 2007-AR9 Trust
    Wells Fargo Mortgage Backed Securities 2008 -1 Trust
    Wells Fargo Mortgage Backed Securities 2008-AR1 Trust
    Wells Fargo Mortgage Backed Securities 2008-AR2 Trust
    Wells Fargo Mortgage Backed Securities Series 2002-3 [ formerly Mortgage Pass Through Certificates Series 2002-3 ]
    Wells Fargo Mortgage Backed Securities Series 2004-4
    Wells Fargo Mortgage Backed Securities Series 2004-5
    Wells Fargo Mortgage Backed Securities Series 2004-6
    Wells Fargo Mortgage Backed Securities Series 2004-8 Trust [ formerly Wella Fargo Mortgage Backed Securities Series 2004-8 Trust ]
    Wells Fargo Mortgage Backed Securities Series 2004-AA Trust
    Wells Fargo Mortgage Backed Securities Series 2004-BB Trust
    Wells Fargo Mortgage Backed Securities Series 2004-CC Trust
    Wells Fargo Mortgage Backed Securities Series 2004-DD Trust
    Wells Fargo Mortgage Backed Securities Series 2004-E
    Wells Fargo Mortgage Backed Securities Series 2004-EE Trust
    Wells Fargo Mortgage Backed Securities Series 2004-F
    Wells Fargo Mortgage Backed Securities Series 2004-G
    Wells Fargo Mortgage Backed Securities Series 2004-H
    Wells Fargo Mortgage Backed Securities Series 2004-I
    Wells Fargo Mortgage Backed Securities Series 2004-K
    Wells Fargo Mortgage Backed Securities Series 2004-M
    Wells Fargo Mortgage Backed Securities Series 2004-N Trust
    Wells Fargo Mortgage Backed Securities Series 2004-O Trust
    Wells Fargo Mortgage Backed Securities Series 2004-P Trust
    Wells Fargo Mortgage Backed Securities Series 2004-Q Trust
    Wells Fargo Mortgage Backed Securities Series 2004-R Trust
    Wells Fargo Mortgage Backed Securities Series 2004-S Trust
    Wells Fargo Mortgage Backed Securities Series 2004-T Trust
    Wells Fargo Mortgage Backed Securities Series 2004-U Trust
    Wells Fargo Mortgage Backed Securities Series 2004-V Trust
    Wells Fargo Mortgage Backed Securities Series 2004-W Trust
    Wells Fargo Mortgage Backed Securities Series 2004-X Trust
    Wells Fargo Mortgage Backed Securities Series 2004-Y Trust
    Wells Fargo Mortgage Backed Securities Series 2004-Z Trust
    Wells Fargo Mortgage Backed Securities Series 2005-AR1 Trust
    Wells Fargo Mortgage Backed Securities Series 2005-AR2 Trust
    Wells Fargo Mortgage Backed Securities Series 2005-AR3 Trust
    Wells Fargo Mortgage Back Sec Mort Pass Thr Cert Ser 2000 12
    Wells Fargo Mortgage Back Securities 2003-4 Trust
    Wells Fargo Mortgage Back Securities 2003-E
    Wells Fargo Mortgage Pass Thru Cer Ser 2003-F
    Wells Fargo Multi-Strategy 100 Fund A/LLC
    Wells Fargo Multi-Strategy 100 Fund I/LLC
    Wells Fargo Multi-Strategy 100 Master Fund I/LLC
    Wells Fargo Multi-Strategy 100 Tei Fund A/LLC
    Wells Fargo Multi-Strategy 100 TEI Fund I/LLC
    Wells Fargo Private Investment Advisors LLC [ now Nelson Capital Management/LLC ]
    Wells Fargo Relative Value Portfolio
    Wells Fargo Securities/LLC [ formerly Wachovia Capital Markets/LLC ]
    Wells Fargo Student Loans Receivables III LLC
    Wells Fargo Student Loans Receivables II LLC
    Wells Fargo Student Loans Receivables I LLC
    Wells Fargo Student Loans Receivables IV LLC
    Wells Fargo Student Loans Receivables LLC [ now Wells Fargo Student Loans Receivables I LLC ]
    Wells Fargo Variable Trust

  20. What if foreclosure is outlawed in the Constitution by states and by the nation? Laws are made by the people and for the people. We have a huge foreclosure problem that is affecting economy and even perhaps the security of the nation itself as many foreclosed homes, which in fact means the lands of the USA are owned by foreigners and may be enemies. Think about it and abolish foreclosure to save the people of this nation and the nation itself.

  21. Sorry but you can’t prevent foreclosure the inalienable rights of lawful creditors. You need to prove who did what to the economy and hold them accountable.

  22. Copy and paste this letter and send to Senators.


    I honestly believe that home ownership and a place to live in this nation must be a fundamental right of people as winter could be a question of life or death situation without a home.

    It is possible to accomplish the American dream of homeownership by making available principal reduction of the mortgage as well as but not limited to interest rate reduction and unconditional forbearance till recovery as a method of aiding borrowers in retaining their homes or properties. The current programs such as HAMP and HOPE do not seem to work and the market is flooded with foreclosed homes of which some are in foreign hands. It is of common knowledge. This is not good for the country and the economy as well. It is imperative during these trying times to ensure prevention of loss of homes or properties by any means due to hardship or illness or any natural calamity or disaster. In case of non payment set by loan documents, due to financial hardship, illness or natural calamity or disaster, the lending institutions, loan servicers, mortgagees, trustees and beneficiaries MUST assist borrowers and if there is a reduction of comparable property values, a reduction of principal to the value of the home may be applied at such times.

    Honorable Senator, please outlaw foreclosure in the United States of America.

    Respectfully,

    (Your name)

  23. I am sending a two page letter to my Senator to OUTLAW foreclosure which is causing people homeless and increasing outright scam and fraud. Besides, some of the homes in this country are owned by foreigners. What is going on !

    You please write letters to abolish foreclosure nationwide and force banks to modify mortgages or give forbearance when the country has now only a AA+ credit rating. Someone got to start something somewhere. Let’s all rise up against foreclosure with reasons.

  24. john gault

    Transactions are the evidence. Keep integrating real evidence into Case Files. I’ll keep restating over and over how transactions are executed on the integrated information highway.

    Put on your football brain and while waiting for transaction evidence, keep playing back the refuns, and continue mapping the plays.

    Originator Book
    Mortgage Broker Play ‘Offense’
    Bankaffiliates or Non-bank-affiliates.
    Goal: Cash deposits
    Offense: ‘Sellers’ position mortgage brokers nationwide who secure commercial clients who faciliate scoring ‘property transactions’ purchase of mortgage note in Sales Agreement, and resale of servicing rights.
    Defense: ‘Purchasers’ of collection rights

    Mortgage Brokers in play when the real estate industry is in a originator market – handler ‘Fidelity Information Services & Fidelity National Finance,

    Mortgage Brokers teamed up with Trustee’s of robo-firms in both judicial and non-judicial states managing back office TD Services and LPS/DOCX, LSI the handler.

    LSI

    Technology know-how treatment of all value-added documents –extract and utilize the datas , restore them, assure the traecibility, control the documents authenticity and sort them.
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  25. Mr. Arnold states “If MERS holds the mortgage lien, foreclosures can occur in two ways: Either the MERS mortgage interest is reassigned in the land records to the lender holding the note and the lender initiates the action on its own, or MERS initiates the action as the mortgagee of record in the land records.” = BIFURCATION

    Mr. Arnold states “These two key pieces of paper in a mortgage transaction follow very different paths after they are signed. The mortgage (or deed of trust) is recorded in the county land records where an imaged copy is stored. The original mortgage document, with recording data added by the county recorder, is returned to the servicer and goes into the servicer’s master loan file. The note is sent to a custodian (usually a regulated depository institution) and is typically bought and sold (and thus trades hands) in the normal course of financial activity…..MERS does not receive or maintain either the mortgage or the promissory note.” = BIFURCATION

  26. I’m confused too and johngault you have a much better understanding of this than I do. Now that I’m reading about these electronic documents, I’m that much more confused. Will someone please way in on the significance of the barcodes?!?!?

  27. And while I’m at it, Mr. Arnold, can you tell me us how you reconcile possession of a note and enforcement by a non-holder in (alleged) possession with assignment of the dot to that party? If that party who has the note is in fact a non-holder in possession, yet you, Mr. Arnold, allow assignment of the dot to that party for its enforcement as well, you have in fact this time bifurcated the note and the dot.

  28. I am so confused! How is it all this stuff is coming out of the woodwork? Crazy compliance agreements, and now bar codes on notes if not dots? You guys are joshin’, right? Someone else needs to comment on bar codes – I can’t handle it.

  29. I’m not sure what significance this has in relation to eNotes, but I noticed the copy of the alleged note & DOT provided by the pretender in my case bears barcodes upon their face, the documents executed at closing did not. The DOT filed with the county recorder does not contain a barcode upon its face. The barcode bears the assignee servicer’s acct #. The orginator’s acct # is located in the cornder of the document. Of course its evident the documents couldn’t be copies of the original, but does this support the eNotes that Ms. Drew speaks of?

  30. Love that argument Mr. Johngault. Judgment granted in your favor sir!!!

    Disclaimer: I am not a judge nor am I an attorney :-)

  31. Nancy Drewe,
    Quick Loan Funding Inc went out of business in 2008, Their Incorporation status was suspended in Jan 2008, and their Lender License was revoked in May 2008, before MERS acting as a nominee sued me on 11/30/2008 so I think that since MERS is suing me using their dead entity, and filed a DOCX assignment of mortgage to the named party Liquidation Properties Inc now known as Citi Property Holdings Inc.
    THE NOTE is made payable to Mortgage Electronic Registration Systems via a stamp in script at the place for such, with no alonge,

  32. @makeithappen – you quoted arnold:

    “For example, it is a key MERS rule that the note must be presented in a foreclosure, which some states do not require.”

    Um, that’s not accurate, Mr. Arnold dearest. Your rules do not provide that a note must be presented, unless you’ve made a change I haven’t seen. Your rules state that to foreclosure in MERS’ name, the (real foreclosing) member must have possession of the note.
    You never did one ounce of diligence to determine that the member did have possession in the first place, and I personally got to pay for three-plus
    hideous life-altering years for this. One of your members tried to foreclose without that ‘possession’ required by you, and for that, and not wanting to pay your stinking little fine for not having possession, which I dared state they must show, they ran me up and down the flag pole good. You set up a deal where possession was never verified by you and put millions of people in harm’s way. And you did not apprise your audience in your testimony that this alleged possession by the member was taken by YOU as possession by MERS since all members have MERS’ straw officers, courtesy of your very own Mr. William Hultman, which by my reckoning MERS failed to authorize in the first messed up place.
    You, Mr. Arnold, set up your rules so that the ‘penalty’ to a member for commiting perjury, theft, and a host of crimes was a FINE – 1k first offense, and 5k thereafter. For your unprecedented, unconscionable, morally and legally bankrupt lack of governance or oversight, you wouldn’t know, anyway. Did you telll this to the committee in your “testimony”? I think not.

    Why don’t you go back into that commitee and tell them how you perceive
    “possession” by MERS? And then would you be so kind as to explain how
    possession has the same meaning as “presented”? And then if Miss Drew
    is correct, could you explain how your system encouraged and endorsed
    the destruction of the live notes, if it didn’t just formulate this plan itself?

  33. @nd – I hope there are those who could make sound arguments not only that notes were destroyed but that there was always intent to do so. Like I said, God speed to them.
    Has anyone ever seen a forensic examination of a note by a credentialed person (aka expert witness) in a case? Has there by now been a case where it has been adjudicated a clever copy of a note is just that – a copy?
    If not, we’re doing something wrong and need to figure out what might fix it.
    It’s tempting to believe the judiciary is being bought off, but I dont’ believe it.
    It’s something else – ignorance, bad pleadings, I don’t know, but not
    bribery. I believe they have a bent and a legally skewed one: you signed a note, you’re in default, that’s good enough for me.

  34. Mr. Soliman,
    MERS can we agree is not nonsense related to consumer facing foreclosure. Can we agree the nonsense is what transpires because of the transactions recorded in MERS. Is that what you mean? Yes its nonsense and comical to watch a cat or dog chasing its own tail. Nevertheless….

  35. Mr. Soliman, thank you. This is your area of expertise and GAAP. Once the US dollars escrow deposited into Sellers Treasury I learned from your examples owners convert daily treasury deposits into other assets. The percentage of pre-funding of escrows allocated to collateral as assets having purchased the mortgage notes, and the revenue stream as current asset paying the loans and the TRUSTEE responsible for the passing of collateral in an out of the TRUST.

    The financial universe clearning houses complex matters await great legal minds will any succeed protecting consumers as certificate holders. The great minds securing no fault settlements for institutional investors.

    Institutional conglomerates taking actions as Plaintiff like AIG appear to be performing damage control. All for great minds like yours to bring into the light of day.

  36. R.K. Arnold states – “For example, it is a key MERS rule that the note must be presented in a foreclosure, which some states do not require. And we prohibited the use of lost note affidavits in foreclosures done by MERS once we learned they were being used as an excuse to not produce the note.”

    Seems to suggest the pretender is required to produce the original note, how does MERS expect this to transpire if the original note has been destroyed?

  37. john gault – exactly no magic bullet when with intent, actual agreements, destroyed and hidden and withheld from COURT in trial.

    The robo-firms and subsequent trial attorneys know the real legal documents don’t exist are safe when filing falsified documents.

    When is it legal for any employee to shred evidence?

    Real documents destroyed with intent and knowledge to reproduce evidence as needed that will for lack of real evidence be acceptable in a court of law?

    Is there not legal mind who is smater than the average bear who could litigate the intent of recording of transactions in private domainein public domain clearly proof of intent to destory note and recreate at will destruction of legal documents in order to reproduce enote and ‘eAllonges’ ad-hoc on the fly as needed surely worthy of good litigators’ valuable knowledge to educate the court.

  38. “Should the government rent out its foreclosed homes?” Hell no. They should give them back to the people who lost them whether lawfully or unlawfully. If the gov is ‘clever’ enough to make emergency legislation to hand over billions in TARP overnight, I guess they can come up with
    temporary legislation allowing the gov to do this especially where these vacancies are causing blight. That’s gonna p.o. people who don’t get that treatment, tho. Some of you won’t like this, but the gov could settle with the former homeowners as to their grievances, including a bona fide indemnification by the gov to defend, and either give them their homes for a very nominal amt or use emergency funds at 1% (or like that) to make emergency loans to the homeowners at the current value of the home. There’s no other simple or maybe any solution I can see. The ‘settlement’ basically quiets title on these homes and puts that title back in the best hands – the homeowners. Or the government can do this through an intermediary. The homeowner gets another shot, and if they do this thru an intermediary, the now trashed fico scores might not be considered. I mean I know there are some techinical issues, but surely a group of intelligent people can find solutions. Alternatively, the homeowners who will otherwise get nothing might settle their claims with the gov, again with bona fide
    indemnification) so that good title is restored, the homes get sold at major discounts (that hurts neighbors, tho but maybe no worse than blight) and so on. Just throwing stuff out because renting these homes out makes the gov an unacceptable landlord, for one thing.
    I hate HAMP as I’ve said because I believe it contains an inherent understanding by the gov those notes etc are totally messed, and that’s why the gov wouldn’t adminstrate HAMP itself. The gov could have decided to indemnify against a bad bankster claim had they given it two seconds thought when formulating who the hey should administer HAMP. And they could have quieted title in the process.
    The homeowners are TOO BIG TO FAIL.

  39. Why rent, give it free- like giving free money to banks. In a country with bitter cold winter, housing or owning a home is a fundamental right of the people. This must be the next amendment to the United States Constitution. Such a provision or Act must outlaw all foreclosures through out the nation and allow re-possession of all foreclosed homes by the previous owner(s) who lost home by a foreclosure sale. WE THE PEOPLE must help each other.

  40. National Homeownership Rate Continues Decling and the
    BENEFACTORS’ PRIVATE WEALTH MANAGERS OF FEDERAL RESERVE

    8/2011 discuss

    Controversial process of creating a new program which FREDDIE MAC and eFANNIEMAE gearing up for March 2012 related to Uniform Collateral Documents (PDF of Appraisals and Loan Docs) related to ‘mortgage collater’ and ‘remitters’ and sliced and diced REO or bank real estate owned properties of WFC, Chase, BOA Freddie and Fannies PROPERTIES which remain unsold.

    Controversial process that will not begin until well into 2012 at the earliest.

    RFI itself suggests that the main objective is to reduce losses for government and the taxpayer. YET RFI is focused only on large portfolio transactions—at least $50 million for sales and up to $1 billion for joint ventures;

    large bulk transfers to profit-oriented investor; given the costs of running large portfolios at a profit. It is not clear then how such transfers would reduce average loan losses relative to individual sales.

    RFIs concerns indicator of a coming shift in U.S. housing markets. Several major homebuilders are beginning to rent portfolios of homes as a new business line. Implications of such a shift, if it does occur, likely will be quite far reaching.

    Past Wednesday, the Federal Housing Finance Agency, the U.S. Department of Housing and Urban Development (HUD), and the Treasury sent out a joint Request for Information (RFI) on ways the government might rent out the 250,000 homes that Fannie Mae, Freddie Mac, and the Federal Housing Administration (FHA) currently own. The government appears to be looking for a practical way to manage a growing inventory of homes it owns (REO) that it has been trying to sell into a falling market with limited success, along with ways of “maximizing [the] value to taxpayers” of this inventory, as the accompanying press release states.

    This is clearly an acknowledgment that the administration expects the inventory of REO by Fannie, Freddie, and the FHA to continue growing. In fact, there are another 850,000 homes in some stage of foreclosure with these agencies that will eventually wind up in this pool. Beyond that, there are another 3 million homes in default now around the country, most of which will eventually be foreclosed despite loan modification programs, and many of which will wind up with Fannie, Freddie, or the FHA.

    Adminsitration preparing for control of data too because they will be renting large portfolios of REO PROPERTIES UNDER CRA governed by OCC for FREDDIE and FANNIE….

    The RFI lists six objectives that responses to the RFI should seek to achieve:

    •Decrease the REO inventory “in a cost-effective manner”;

    •Reduce average loan losses relative to individual REO sales;

    •Address the need to repair and rehabilitate these often deteriorated properties;

    •Respond to local market conditions;

    •Assist efforts to stabilize neighborhoods and home prices; and

    •Suggest ways to analyze how to best dispose of individual homes, whether by selling or renting them or tearing them down.

  41. Federal Reserve and Data Centers Consolidating, Booming
    8/10/2011
    Join ULI to read full article

    On July 20—the same day the federal government announced its plans to close 40 percent of its data centers—panelists at a “Data Center Boom” event agreed that new data center development is booming. Read how the rapid shift to virtualization technology and cloud computing is spurring the government’s data center consolidation while also driving demand for new data centers and storage facilities

  42. @venu – at least one court made a finding that the borrower is in fact an
    intended beneficiary of the HAMP contract and therefore has a cause of action. (Upke – NJ). The attorneys representing the homeowner are mostly (I think) with a non-profit with at least one exception, and they are all so capable, they are truly my heroes. No, it isn’t binding precedent, but imo the court’s determination was so well-reasoned, I don’t know how it could survive argument against when another homeowner adopts it – cites to it or uses those determinations as his own argument. Course, I concede we’ve all thought that before about this or that ruling. If you’re thing HAMP litigation, it might be worth your time to check in on the latest with that case.

  43. Should the Administration Rent Its Growing Inventory of Foreclosed Homes?

    Renting single-family homes is a tough business—yet the government is looking for ways it might rent out the 250,000 homes that Fannie Mae, Freddie Mac, and the Federal Housing Administration now own. – August 12, 2011

    So when Michelle Bachman’s Assistant in Washington called me to come to Washington DC to teach her about MERS so she could make decision regarding approving ‘renting’ via MERS ‘foreclosed’ inventory for five years …

    She wanted me to come to Washington DC on a Friday for 4 hours to teach a group what is MERS! Because a consumer she knew told her I was an expert! I said No I am a consumer.

    She shared the decision she was ‘concered’ with was whether she was selling the real estate of the USA to foreign nations.
    Imagine related to the MERS CRA, FREDDIE MAC and FEDERAL RESERVICES’ ‘Renting’ Foreclosued Homes.

  44. I’m just itching to know why anyone thinks MERS’ database will reveal anything of fact. Despite MERS’ bs stories of ‘tracking’ notes (and here I note ‘tracking’ is a verb and implies action), all those records primarily show is transfers of servicing rights, not transfers of notes, altho there should be transfers of notes entered. All entries were done on a purely voluntary basis, so the only entries made were the ones any member wanted known, or what they wanted to appear which is a difference itself. But if it’s the best we’ve got, I guess it’s the best we’ve got. Hope there’s a way to
    ‘time-track’ entries made. I recently learned that MERS’ records now show a particular loan as being related to a trustee, but even so, the trustee is not identified by MERS as the owner of the note, just the “investor”. The party alleging to be the rpii is now shown as the servicer. (The court granted relief from stay based on the servicer’s possession of a bearer note.) In other words, the courts don’t give a hoot about jack if the bankster produces a
    bearer note, and with the exception of the Koontz court, the court will accept any ol’ bs assignment in the absence of a contest regarding the legitimacy of that assignment, which is where the proper arguments come in hugely (as to those self-assignments by MERS’ straw officers)
    What does the word ‘investor’ mean in this context at MERS’? The thing I worry about in MERS’ alleged records is what I’ve said: garbage in, garbage out. Just be careful not to box yourself in based on discovery of MERS’ ‘records’. If your goal is to show that the notes were destroyed and now electronic notes are being foisted on us and the courts, God speed.

  45. Politicians took people for granted. They made a loose language law which is called HAMP in which public is not clearly a third party incidental and intended beneficiary of a contract entered by a public authority, namely, banks with the Federal government. The wording ”encourages” banks to modify mortgages is astonishing as this kept people in the dark and judges find impossible to give judgment to enforce HAMP. Someone must challenge the validity of HAMP as no one is above the constitution including the president. What judges may need to do is to strike down the wording “encourages” in the HAMP and also in the Emergency Economic Stabilization Act 2008 and Order to replace it with “must” ; as public is the third party beneficiary of EESA 2008 and HAMP when these are founded and in exchange with public money.

  46. IAN in the refinance the LENDERS policy forced to purchase protects the LENDER as related to the new PSA and protection of missing lost destroyed eNotes. The LENDERS policy was not issued until the mortgage was recorded which was not recorded until the same date the Lenders Policy issued by the settlement agent was recorded 3 months after the borrower signed the promissory note. The collateral as revenue stream of the refinance part of a new issuing entity in which the mortgage collateral is already sliced and diced and resliced and rediced in the new refinance.

    Was prior loan paid off in which the existing OWNERS POLICY is attached? If so, the OWNERS Policy negated not longer effective.

    Was prior loan servicing rights resold and the prior loan continues to be paid by the SERVICER some poor sucker paying all of the nonperforming mortgage loans that were not ‘closed.’

  47. Nancy Drewe,

    the MIN # is 1003375-0603007634-1 the first 7 numbers is Quick Loan Funding, the others, I don’t know what they represent

    0603007634 if affixed to mortgage note is the ‘Sales Agreement#’ which Mr. Soliman suggest we seek copy of Agreement from MERS>

    The loan# you pay your monthly P&I represents the Purchaser Agreement number in which servicing rights were sold and the Servicer collects P&I from you. You need copy of that Agreement too.

    The -1 a control character affixed to record to insure unique.

    ESCROW FUNDING related to Sales Agreement and/or Purchase Agreement related to FUNDING.

    Currently MERS MEMBER not eRegistrant or eParticipant meaning they can receive copies of documents but won’t be delivered electronically. Copies of falsified documents will be transmitted via mail. The owner of the collateral transactions related to File Doc ID pdfs and loan documents will be inside an eVault ‘somewhere’ on the CLOUD.

    Does that help?
    The role of Quck Loan Funding Inc. of California could be Originator, the Vendor FIS deals with Originator, could be Servicer and /or Subservicer sold the servicing rights, could be the Investor who purchased the mortgage note, could be the Document Custodian.

    Corporate Name: Quick Loan Funding Inc.
    Address: 535 Anton Blvd. Suite 600
    City,State,Zip: Costa Mesa, CA 92626
    Toll Free Number: (800) 500-0000
    Direct Number: (800) 500-0000
    Fax Number: (949) 223-6767
    Primary Contact: Hany Lobbos
    Website: http://www.quickloanfinding.com
    Member Org ID: 1003375
    Lines Of Business: Originator, Servicer, Subservicer, Investor, Document Custodian
    eRegistry Participant: No
    eDelivery Participant: No

    ‘4closureFraud provides excellent article
    MERS Loan Registry Raises Legal Question 4/25/2010 The Salt Lake Tribune except but for the ‘opinion’ I disagree with.

    MERS did not violate the law, the individuals with fiduciary accountability, responsiblitity, authority violated the law with intent and with knowledge.

    The MEMBERS who choose to not record the land documents will take the fall not the conglomerates.

    The conglomerates can be connected to the intent to insure clouded titles. MERS a database registry is the place the conglomerates vendors are integrated and the party each are in agreement with, the agency of that agreement, falls back to the origination ‘closing agent’ who as the title & settlement agent/bank attorney processed the closing transactions as ORDERD by the ‘emails’ ‘EDI’ integrated transactions of commerce selling defective products in the public domain to consumers products that are defective at time of sale, products that CONGRESS excludes from all consumer protection laws and all harms classifed ‘while collar crimes’ ‘crimes of commerce’ and Congress oversteps powers preventing enforcment of law by Executive Branch.

    MERS merely the database which records transactions not recorded in public domain executed by Agent and Agency and Agreement of legla entities who are subject to laws of the US, and UCC regulations domestic and foreign.

  48. “Dawn, on August 13, 2011 at 9:25 am said:
    Venu I am sure you meant “quiet title” do you know those who have a successful quiet title and how does a person get info showing how?”

    I am not a lawyer but I have good commonsense which is the foundation of laws. Here may be a way to get a quite title or to get your home back even a property which was sold through foreclosure. I am not sure but this is a commonsense thinking.

    If you get a foreclosure notice:
    1 Go to the county land evidence registry and find out who holds the mortgage.
    2. This is a public record.
    3. If this is different from who is claiming to hold the mortgage, you may have a chance.
    4. Find out your Tittle insurance company.
    5. Approach a lawyer stating that the title to the property was/is unclear and you want the property back through the Title insurance coverage.
    6. Then go to court and you may get your home back even after sold as foreclosed property.

    Again, I am not a lawyer so, you may need to consult a competent attorney to discuss this ideas.

  49. I M P O R T A N T
    Thank you Mr. Soliman for having slept on what clearly stated “MERS can become my best friend “. That would mean I’d be able to call MERS for copies of Sales and Purchase Agreement’s.

    Possessing factual knowledge of ‘transactions’ recorded in MERS that are not recorded in the public domain. You solidified the next step in my discovery. Thank you.

    All of the transactions not recorded as required by statutory laws, are recorded to protect the OWNER of the collateral.

    Mr. Soliman is so right. If we could secure copies of the related Agreements they would be our best friends providing invaluable evidence to consumers pro se and pro pe and to Attorney’s who are ethical in revealing to the COURTS ‘Judiciary’ which remains an Independent Body one who rules over very strict civil procedures which consumers untrained don’t realize ‘every i dotted and every t crossed. You may reveal evidence in a court of equity that reveals a criminal offense which will be ignored not the subject matter jurisdiction of the judge of the court you are in front of.

    I do not believe the JUDICIARY let us down.

    Fact of the matter is that the Executive Branch Commander-in-Chiefs have let us down and did not protect welfare of nation.

    Sadly, President Obama made that clear when he entered office and publicallys stated he would only look forward not back.

    Since when in history would a great Commander-in-Chief win a battle proteting welfare of nation and not look back at history?

    President Obama will go down in history for letting down the USA not all the prior presidents Let us down when he was instructed to look forward not back.

    Standing before court is a pawn, forced for a buck or two, to file documents which are falsified and because the servicer tells him/her to do so they do it! Just like the $10 per house ‘Linda Green’ guy who was embarrassed needed the money and did what he was told by authorities vested ‘Agency’ by the Agreements with FREDDIE MAC – example David Stern is in agreement with FREDDIE MAC not Wells Fargo – David Stern March suing Freddie Mac over 100,000 case files of default wants his $1.3 Million Dollars in receivables due before he would release Case Files. NOW THINK ON THAT ONE LONG AND HARD AS RELATED TO EVERY ‘ROBO-FIRM’ AND ROBO-SIGNATORY AND HOW IT AFFECTS YOU! Jeff Barnes Esq. provides excellent details how cases in other states affected by Case Files connected to FREDDIE MAC’s Case Files held by David Sterns. THING ABOUT HOW THAT AFFECTS YOU.

    By the way, Wells Fargo Alternate UCC Agreement’s not with David Sterns but are with FANNIE and FREDDIE in Des Moines. THINK ABOUT HOW THAT AFFECTS YOU.

    The servicer repurchased the rights of the debt aged 90 days plus in which the Servicer must advance cash in US DOLLARS as DEPOSIT of its payment due on its Servicing portfolio.
    In Court, is the Agent by Agreement with Agency between ‘Servicer’ sold rights to collect p&I c/o Trustees who used collateral and c/o Trustees who used revenue stream as asset representing both Seller and Purchaser right of collateral, Case Files c/o FREDDIE MAC and… THINK ABOUT THAT.

    Temporary LENDER in court claiming property seeking summary judgment is merely the REO LENDER c/o Lender protected by LENDERS’ policy borrower forced to purchase during refinances. THINK ABOUT THAT

    10 Digit Loan# reveals agreement in which ‘Master Servicer’ acquired servicing rights, and resold servicing rights to collect funds to other servicers, other master servicers, other sub-servicers and one of them responsible by agreement to advance funds or is it all of them? They all should compare notes.
    Meanwhile, when loans are in default, the servicer has its own rules under agreement and may not accept any payment that’s late and puts funding into escrow for when they advance funds to cover defaults.

    Meanwhile party standing before court c/o servicer intent to take property and sell it and get back funding its going to lay out over life of loan especially if it can’t lawfully get the court to rule they can proceed with foreclosure.

    The robo-firm part of the nationwide network under Agreement ordered to process and perfect title (meaning hide defects) keeping transactions inside nationwide network following foreclosure sale. The loan# may be acquired and continue to be serviced by another servicer who won’t know that the loan is dead and should be closed! And but for that good reason as someone asked whose property has been taken, they have been evicted, and their credit report does not reflect the loan has been charged off – I would investigate if that loan is still performing and being paid by advances of some servicer because the REO PROPERTY has not been resold yet.

    MIN# on a ‘mortgage note’ reveals ‘Sales Agreement’ transactions not recorded in public domain, and we have link via the ’10 digit’ agreement number following the 7 digit MERS MEMBER ID.

    10 digit Sales Agreement transactions with multiple members which are part of the eRegistry aka 2003 Version 1.0 National Registry in which eNotes become the ‘note’ all MEMBERS may reproduce irrespective of federal and/or state statutory laws.

    These electronic transactions in 2000 documented to tak eplace in 10 days instead of 30 by eliminating the ‘red tape’ the legal docuemnts facilitated by Microsoft partners with FREDDIE MAC and its close partner CHASE parnters include always GMAC-RFC and WFC since 1995/1996 and integrated network on the CLOUD vendors, subscribers, members, affiliates of banks, non-bank affilaites who sold and purchased mortgage notes during origination in the biggest one-stop ‘Gang’ control of all real estate industry transactions leaving out the ‘little guys.’

    Look at the MERS screens in which MEMBERS paid to be trained and do business as third parties stored on MERS website – real examples GMAC, FREDDIE MAC, FANNIE MAE, Wells Fargo -1, -2, -3, etc. related to ‘agreement’ …. training materials for members.

    PURPOSE OF ORIGINATION:
    US DOLLAR CASH DEPOSIT INTO ‘SELLERS’ DEPOSITORY.
    The cash deposit managed by the Trustee’s manager of the corporate trust services with fiduciary accountability to the owners of the Seller’s depositor and treasury.

    Seller’ depositor holds PREFUNDING Amount USING US DOLLARS every day until percentage of prefunding used to create ‘Issuing Entity’ paying commissions to Seller, Purchaser, Underwriters, Master Servicer, Securities Admin, Credit Risk Manager, insurance policies, etc. The ‘Issuing Entity’ is not dollar for dollar in monies taken in, no it’s a percentage and the rest of the monies daily converted by treasury into other assets of the owners of the conglomerates which include banks, insurance companies, holding company, title & settlement agency, etc.

    Transactions ordered by Seller in CLOSING INSTRUCTIONS DURING ORIGINATION REQUIRE that the REMITTER contain the ‘Loan#’ Purchase Agreement # of the party who acquired the servicing rights and what else? Is there more than just the right to collect P&I&E from borrowers? I say YES. Agency of those Agreements reflects what is before the court. Why are they not required as evidence by affirmative defenses? Why can court requesting evidence of COTA and Agreements be ignored and Plaintiff can force defendants burden in civil procedure by rewarded for not providing evidence they must lawfully lawfully possess or they would not be in front of the court with out agency by agreement as attorney’s of banks debt collectors they are required by oath to perform due diligence on every Lis Pendens, every claim they process in name of Lender during defaults claiming reward for title defects servicer created….just one example, Lenders also protected for eNote as a defect protected by insurance.

    ESCROWs’ “remitters” & “collateral’ directly relate to the ‘FILE DOC ID’ collateral FREDDIE MAC requires containing the appraisals and loan documents to be submitted to FREDDIE and FANNIE via CLOUD of FIS authorized vendor and only authorized vendor of originations listed today.

    ‘Closing correspondent eLender 10 digit loan# in database will print billing statement to consumer using ‘BRAND NAME” based on database converting digital # to BRAND NAME like Americas Servicing Company, Aurora Loan Services, Wells FArgo Home MOrtgage, Dial, Norwest Mortgage, PHH Mortgage, Cendant Mortgage, IndyMac Mortgage, ….

    The 800# we call lights up BRAND NAME used to say Hello this is Wells Fargo or America Servicing or Chase Home Lending or GMAC Mortgage or Ally Mortgage or … whatever is printed on the statement is extracted out of a database data file transmittal to servicers, and directly corresponds to the loan# printed on the monthly statement servicer collects or advances P&I keeping all loan performing purchased.

    MERS integrated into FIS and Vendors integrated who process the transactions o.

    Real Estate Industry Controlled
    Nationwide network deals executed behind closed doors are dark and secret but for the good reason intent to take possession of property transactions can’t be done in the light of day.
    FREDDIE MAC & FANNIE GSE’s TRANSACTIONS INSURED by the national associations the defaults placed with.

    GOVERNMENTS blind eye allows US TREASURY and FEDERAL RESERVE and Congress via their page boys OCC to harm economy and your gonna elect IOWA the crazy lady? Whose own team member contacted consumer Mary to find out about MERS March-April 2011 when she needed to make deal with investors regarding foreclosed properties and MERS CRA … What was that all about?

    All deals made and all deal not recorded in public domain MUST BE UNRECORDED its not that they wanted to save $ its that they could not record resales related to the slicing and dicing of collateral lawfully recorded in the public domain. Not complicated there already a lien against the DEED OF TITLE committed to bonds. What’s complicated are the lies for deals not recorded with intent leave naked in the courtroom the robo-firms attorney’s who are ‘forced’ while under oath to having knowledge of the transactions and that the lawful party is before the court.

    All deals which are recorded inside of MERS had to be recorded in MERS in order that ‘WHO’ could track claims against the collateral.
    MERS March 2003 National Registry Version 1.0 MERS states eNotes are to be traded and reproduced.

    In 2003, FREDDIE MAC allowed Wells Fargo, Chase, GMAC-RFC, John Hancock via MERS to demonstrate ‘complete’ commercial RMBS over CLOUD c/o finance universe demonstrating complete control of real estate industry c/o all financial markets of USA, UK, HongKong, etc.

    INTENT TO NOT FOLLOW STATUTORY LAWS…
    INTENT ONLY MEMBERS will see DEALS
    INTENT TO NOT ENFORCE LAWS THAT OTHERWISE PROTECT CONSUMERS
    INTENT OF CONGRESS TO ONLY LOOK FORWARD SINCE 2000
    INTENT PRIVATE OWNERS OF WEALTH FUNDED and intended TO HARM ECONOMY OF UNITED STATES.

    INTENT OF each CONGRES since 2000 to look forward not back doing business under Uniform Commercial Codes foreign and domestic over CLOUD in finance universe.

    MY HEART BROKEN FOR EACH MEMBER ALLOWED THIS TO HAPPEN INCLUDING CURRENT PRESIDENT OBAMA. HANDS TIED? RESIGN WITH HONOR. We’d reelect you when you reveal your plan to fix this mess.

    eNotes related to the eParticipants and eRegistry.AND ALL VENDORS VIA FIS, FNF, TD SERVICERS, FNF’S LPS/DOXC, ETC.

    MIN# at closing during origination already clouded title and with the knowledge I’d hire the best most ethical expert I know, David Krieger to execute a Chain of Title Audit. WHY? CALL HIM AND FIND OUT. OTHER COTA’ PROVIDERS I DON’T KNOW IF THEY DO AS FANTASCTIC A JOB HANDS ON THE EXPERT CREATING THE DOCUMENT RATHER THAN A COMPUTER COLLECTING WHAT INFO RECORDED IN THE PUBLIC DOMAIN PLACED INTO A ‘REPORT’.

    The Sales Agreement – Accounting 101 – Debits and Credits.
    Clearly there is the other side of the transaction (purchase)of collateral and purchase of servicing rights to collect payments P&I from consumer.

    How many agreements?
    There is the Purchaser of the collateral (appraisal and loan documents) stored electronically with a FILE DOC ID, and there is the MIN# in which the Servicing Right were ‘traded’ and become ‘credit enhancement’ revenue stream as asset and traded in more deals.
    Dear consumers, borrowers, whether in default or not in default, and ethical attorneys who practice real foreclosure defense in accordance with oath of state who practice law, not integrated into nationwide network of bank attorneys, title and settlement agents who insure clouded titles during origintion and during foreclosure and bankruptcy and REO purchases, ad not under agreements with insurance companies.

    FIS, FNF, …Fidelity Information Services, Fidelity National Financial, ‘CLOUD’ integrated transmist over CLOUD File Doc ID’s with attachments (Appraisal and Loan Docs) and reference the File Doc ID’s inside of ‘remitters’ and ‘collatera’ transmittals of INSTITUIONAL INVESTORS” who own the ‘collateral resold into other financial products and financial services.

    VENDORS over CLOUD integrated directly MERS, TD Services, Trustees for a buck falsify docments OVER CLOUD and but for the good reason to conduct Trustee Sales = tracked by TS#’s, attached to FIS origination and TD SERVICES, TD Escrow Services, TD FInancial Services, Fideltiy National Finance, LPS/DOCX falsified documents for a buck.

    FIS repurchasing FNF stock 2006 spin-off rights of FIS owners,
    Other integrated Vendors include MERS, eLynx, SERVICES-Link, CTS-Link, commercial carrier who licenses each vendor’s technology licenses via REDMOND Washington, Extreme Network of Norwest Lp LLP LTd., Certegy, …Microsoft,

  50. Lets set aside the invalidity of MERS for a moment. How about demanding clear compensation from B of A for making people to run around in the name of mortgage modification for year and half or more? No one does anything free and people who were harassed and subjected to run around with their mortgage modification must be adequately compensated by awarding substantial amount of money.

  51. Electronic Note? Absurd. If this is valid to any miniscule or an iota of it, why bother going to Universities to get a degree when could easily make up an electronic degree certificate to prove qualifications. MERS is invalid. The copy of a check and all of its copies are invalid as negotiable instruments. What an absurd concept is this MERS. Every mortgage which has MERS as mortgagee must be given quite title. Mistakes happen out of greed games and there must a consequence to this greed as lost.

  52. @carie & ND – well, the only other thing I can chime in about is that the
    statement itself does NOT say the borrower agrees to any ‘replacement’ of the note, only that there would be indemnification to the borrower if he gets hit with a claim on the original (real) note as a second claim on the note.
    It’s sort of a unilateral commitment (worthless imo) in regard to a condition subsequent, but still one the borrower has not agreed to imo. And even if some slimeball asserts a borrower is agreeing, it still can result in a form of double jeopardy in that the borrower would have to bear the cost and effort of defending against a true note appearing after payment was demanded and made (read taken) on the ‘replacement’ note. If that were to happen, the borrower is again left on his own to try to enforce the indemnification and prove his damage / loss. It’s unconscionable, both in fact and legally imo. The holder of the electronic note is not going to defend the borrower – it’s on the borrower to do so. And, again, because it’s not an addendum or otherwise stated in the note, it does not inure to the benefit of any subsequent holder of the note. That statement may try to be used to subvert real laws.
    The intent of a compliance agreement generally is to get the borrower to agree to cooperate in the correction of clerical type errors or maybe to supply a missing doc, like a pay stub.
    I hope these ‘arguments’ are premature. I’m reluctant to even put them here. The only reason I am is because for all I can know, the banksters are in fact using the electronic versions of notes already (the original was destroyed) when demanding enforcement and if so, it seems to me this is more cause than ever for forensic scrutiny of the notes. What an uphill battle this all is. If a borrower introduces this compliance agreement to urge the court to ‘allow’ discovery (which is crap to me ) or to order production of the original note, then the battle will begin as to whether or not the borrower agreed to the note’s replacement, I would think. But even if the borrower had unwittingly agreed (and I say nay), I don’t see how the agreement stands with relevant statutes, such as the UCC, which does not provide for enforcment of copies of notes. Some lawyers reading here might comment, even if incognito. And as I said, imo an unconscionable contract or an
    unconscionable provision in a contract is generally found to be unenforceable (right after you spend 20k proving it). Grrr again.

  53. john gault-

    Yeah! finally major connection for the purpose of FREDDIE MAC, Chase, Wells Fargo, GMAC, BOA owners.

    2003 National Registry eNotes clearly states notes will be destroyed and eNotes considered acceptable to owners who are FREDDIE MAC, CHASE, and’ their MEMBERS who all will treat eNotes equal to the original note.

    National Registry Version 1.0 sitting there waiting for the legal mind who will bring into the light of day the truth.

    National Registry is a legal document and acceptable evidence in court under US CODE reveals ‘intent’ of transactions. Clearly written documentation of each data field’, of data to be stored inside of the private members database, and clear purpose 1996 forward — to track for FREDDIE MAC and OWNERS collateral ‘traded’ purchased and sold not recorded in the public domain.

    Intent to control real estate industry of United States of America by destroying integrity of existing DEED OF TRUSTS in the event of defaults vulnerable.

    Members under Agreement do accept responsiblity of commerce and ‘Servicer’ of default becomes responsible to themselves to seek taking possession of property when they agreeded to the risk of default and advancing funds to institutional investors, and order third parties to file falsified documents with public offices and courts and spit upon the Federal Republic.

    Judges can only rule over what evidence under civil procedures and issues are brought before them. No one has brought before the case that will reveal federal and state laws trump FEDERAL RESERVE and its ‘page boy’ OCC, US TREASURY, Congress, in agreement, allow deceptive practices and prevent enforcement of laws that otherwise would protect consumers in all matters related to commerce.

  54. @ carie – you said:

    “If the original Note is replaced, Lender hereby indemnifies Borrower against any loss associated with a demand on the original Note.”

    That’s just blanking peachy and I gotta tell you, I’m shocked. When I first read it, I thought you were joking or something. ND pretty much summed it up. BUT, the compliance agreement is not an appendage or addendum to the note and the note is not taken subject to this piece of paper by any future holders. The ‘indemnification’ imo is worthless. But significantly, this statement, to me, is indicative of intent to destroy the original note in favor of an electronic version, i.e., be “replaced”. Grrr….

  55. Nancy Drewe,
    the MIN # is 1003375-0603007634-1 the first 7 numbers is Quick Loan Funding, the others, I don’t know what they represent.

    tnharry,
    The original wet ink note is at the courthouse because the plaintiffs had to produce it, ” or a good color copy” and I expected it to be made out to Liquidation Properties Inc as they are the suing party. Not to MERS, as they are suing in the name of Quick Loan Funding as a nominee, after they went out of business.

    I have a MERS Milestone report on my mortgage that is very interesting.
    If anyone would like to see it e-mail me at jandersonpaper@yahoo.com and I will e-mail you a copy

  56. MERS: garbage in, garbage out

  57. Carie ‘legally’ I don’t know.

    Appears to be a catchall phrasing

    They did destroy the original note when creating eNotes per 2003 MERS National Registry and exclaimed copies of eNotes could be made and but for that good reason multiple notes appear which are rubber stamped.

    The requirment of refinances included LENDERS POLICY. Many believe was OWNERS’s POLICY. NOT. Lenders Policy protectes LENDER during default and any defects in ‘origiantion’ like ‘lost title’ perhaps?

    MERS agreement to destory note and use eNote deemed the same by MERS in their private world, not the same in court.- eNotes held in eVaults by somebody. Like a Bill Cosby skit – her it again this past week so funny. Where is the original Note Counsel, “I don’t know”

    Looked up Indemnify – Lender agress they got us covered. Nice warm and fuzzy feeling.

    hold harmless n. a promise to pay any costs or claims which may result from an agreement. Quite often this is part of a settlement agreement, in which one party is concerned that there might be unknown lawsuits or claims stemming from the situation, so the other party agrees to cover them

    indemnify v. to guarantee against any loss which another might suffer. Example: two parties settle a dispute over a contract, and one of them may agree to pay any claims which may arise from the contract, holding the other harmless. (See: hold harmless)

    To compensate for loss or damage; to provide security for financial reimbursement to an individual in case of a specified loss incurred by the person.

    Insurance companies indemnify their policyholders against damage caused by such things as fire, theft, and flooding, which are specified by the terms of the contract between the company and the insured.

    ——————————————————————————–
    indemnify verb answer for, compensate, compennate for injury, compensate for loss, compensate for loss sustained, damnum restituere, damnum sarcire, give back, give satisfaction, grant monetary compensation, insure, make good, make good against anticipated loss, make reparation, make restitution, make up, offer compensation, offer reparation, offer satisfaction, pay, pay back, pay compensation, pay reparations, recompense, recompense for past loss, redeem, refund, reimburse, repay, requite, restore, return money paid out, save harmless, secure against damage, secure against loss
    Associated concepts: subrogate

  58. Moi aussi. Nous allons! Why wait another day?

  59. John Anderson

    No assumptions can be made and all cases unique.
    What is common is how the transactions are processed.
    As Mr. Soliman has clearly pointed out, we can seek MERS to disclose who sold the note and disclosure of note separated from DOT aand other details including where was sold.etc. Information not recorded inside the County Recorder / County Clerk.

    MERS MIN# affixed to mortgage typically indicates loan already sold and servicing rights assigned. Did you receive a goodbye letter at the same time when you signed the mortgage promissory note.

    All of this means nothing without legal advice.

    Does that help at all?

    You already have a great indication that there is an ‘issue’ clouded title and maybenefit from documenting chain of title audit if in your budget, a hand written detailed indepth examination of public records that reveal ‘defects’ acceptable to court of law along with witness. I’ve seen David Krieger’s COTA’s very detailed.

  60. MS—Just a guess, but I think you are trying to say something about MERS…I just wish you would speak in plain layperson English, so us underlings could understand…

    By the way, ANONYMOUS is NOT WRONG—there is PHYSICAL PROOF of those explanations, which need to get into the “right hands”…but who the hell could that be??? Who is on the side of the homeowners and the homeless, kicked to the curb and out of a job from the MASSIVE FRAUD, that continues unabated???

    I have a question for anyone who might know—my “Compliance Agreement” in my loan docs has a sentence that says:

    “If the original Note is replaced, Lender hereby indemnifies Borrower against any loss associated with a demand on the original Note.”

    Anyone know exactly what that means? Thanks.

  61. Sorry for straying from the subject for a minute, but does anybody know of any authorities to support that the assignee of a foreclosure bid cannot purchase with a credit bid, but must purchase with real funds?

  62. Anonymous , Nancy Drewe , M. Soliman , Carie and ALL Others ,

    My question stands ,, where would that note be tracked ??
    MERS MERS MERS-collateral registry-MERS MERS Bailment- MERS MERS MERS MERS MERS (I told you that when we spoke – God man you dont listen! Ill be back – I am beat . (look – no one listens so why should you) MERS MERSMERSMERSMERSMERS MERSMERS MERSMERS collateral registrycollateral registrycollateral registry

    ITS LATE IN THE AME TO BE TALKING NOTES PEOPLE….Audit the Closet Bubba (Just kidding) BUT LOOK AT THIS – THIS CAME OUT IN LAST 48 HOURS . MAYBE THIS WUILL HELP THE LOST NOTE ISSUES …..

    Fitch Ratings has assigned Industrial Subordinated Trust’s (IST) 10-year USD loan participation notes a long-term foreign currency rating of ‘BB-‘.

    The USD150 million notes are secured by IST’s sole asset, a 100% participation in and to a subordinated loan (the loan) from Bank of America to Banco Industrial (BI). As part of the transaction, Bank of America transferred its rights on the loan to IST which in turn pledged the loan rights to the indenture trustee (The Bank of New York Mellon) as collateral for the notes; thus, in Fitch’s opinion, the notes attained BI’s Issuer Default Rating (IDR), notched for subordination.

  63. Comments Anonymous bears repeating “…(Please) Subprime/alt-a/jumbo refinances (as nearly 100% were refinances) — were and are nothing more than a transfer of servicing rights to false collection rights.

    WRONG WRONG WRONG – – Is this not the same dude who’s comments read like ” “…onto you I speak this day ….and to you, I come bearing fresh gifts of soured fruit and anti-fulfillment of that which I never really knew..and fever and flu ….LA Zoo

    THIS DUDE IS ANAONYMOUS FOR A REASON –
    * M*A*L*P*R*A*C*T*I*C*E

    Look if what this Merlin said is true …then the lender never really gave up the loan and can foreclose. You want to believe that?
    Come on people …you have a taxable “basis” in assets and therein is conversion of assets, contribution at book value, capitalization of assets, converted assets in a remote, less than arms transferee transferor parties acting in “arms” trades with a Combination Structure they forgot to tell the FDIC about right! It’s all locked up in an isolated and remote held by weld and cast into an SPV by a SPE unless the pledge is included in a QSPE all managed by a TRS and under a REIT So………Why do you all keep talking about servicers and servicing.

    Hey lieN , Dan or Anonymity , Question! How do you remove REDRESS and then Service Loans — into foreclosure? Let’s see then, we have further De-recognition for DILUTING OF SHARES into more DEBT in a hidden and forbidden LBO; debt held as equity in a Preferred. If that’s not enough you have Trust Preferred TRADING AT MULTIPLES and RECORDED GOOD WILL. I am classes dong the Ponzi at, Im guessing, trades at 4 to 5 times equity.
    —————-I’m in the mood to give away a few freebies here ——–
    Hey ….hello….US Government Regulators!
    Yes Sir –
    Hi, tell me ….How can you create the most ingenious and sophisticated format or platform for building a world “Fiat” and run it out of a high profile “BA” Nank

    Sir . . . .
    Sorry , I mean “NA” Bank

    Sir, I don’t understand your question here. Whats an NA ?
    Ahhh. Let me ask it this way.

    Yes Sir, Im here…
    How can you permit thousands of Private Placements in the multi trillion asset value ranges occur over a decade when the business is conducted at banks in house and kept hidden from the New York Stock Exchange? It used to be in the Caymans (Seriously)

    Ah Sir, Would you like to speak to a Debt Collector?
    No…Can I see your menu…?

    Sir , ..what’s that you said?
    Yes fine – where today, calling New Deli, Costa Rica ….where?

    Sir that is Anonymous to you! …Sir…Sir

    Now is this still not enough for you. Try researching the world of Depositors pledging assets, Collateral Pledges to Third World banks Transferees and rights of parties under a bailment and cross collateralized accounting scheme. HOW IN THE WORLD CAN THEY TAKE YOUR HOME…..IT’S AN EGG THEY CANNOT UNSCRAMBLE!

    M.SOLIMAN

  64. Anonymous , Nancy Drewe , M. Soliman , Carie and ALL Others ,

    My question stands ,, where would that note be tracked ?? Euroclear and DB are involved per the prospectus , PSA and underwriting agreement,,, I was thinking perhaps the first few digits had some meaning and that the entire number was perhaps not just serially assigned. I haven’t seen any evidence of MERS involvement and the lack of publicly available ownership and assignment info would seem to indicate a private database. Does the number of digits and format give a clue? Has anyone come across any good discovery or depositions regarding these registries?

    Thanks a Million ..

  65. Not meant at Nancy or anyone in particular .

    Securities are credited to the securities custody accounts of Euroclear and Clearstream, Luxembourg participants on the business day following the settlement date, for value on the settlement date.

    They are credited either free of payment or against payment for value on the settlement date.Clearstream was created in January 2000 through the merger of Cedel International and Deutsche Börse Clearing. Its main functions are acting as International Central Securities Depository (ICSD), Clearstream also acts as the Central Securities Depository (CSD) for Germany and Clearing House for a number of securities. It is one of the biggest custodians and clearer of the eurobonds market.

    Clearstream has been criticized for allowing banks to move money undetected and has been accused of involvements in a number of cases involving money laundering and tax evasion.

    Two notable cases have become known as the Clearstream Affair which started with the release of the book Révélation$ in 2001 by the investigative reporter Denis Robert and ex-Clearstream banker Ernest Backes and the Second Clearstream Affair which started in 2004 when anonymous denunciations was sent to magistrate Renaud Van Ruymbeke accusing a number of major French political figures of having received kickbacks.

    J’Adore l’ pays et Paris . Mais pour maintenat ..J’habite ici ….une de ces jour ….

  66. Nancy Drewe, – If a loan has a “servicing number” of 002274812-3 (seperate from the loan number and assigned prior to the closing as both are on the docs) and was written by Option .. . .

    MSoliman- Give MERS a break . Beat up in Euroclear and Luxemburg exchanges why dont you .Spread the wealth and cause pain to someone new.

    Euroclear Investments SA is incorporated in Luxembourg and registered with the Luxembourg Register of Commerce (Company n° B 24 839) with registered address at 12 Rue Eugène Ruppert, 2453 Luxembourg, Luxembourg.

    Waste …..

    M.Soliman
    expert.witness@live.com

  67. I often consider what the burden of responsibility is when writing in and makng the claims I do with regards to the issues that will not die here on this site. It’s not that I expect to be called as much as someone who listen or reads what I say may pursue that course of action. I am an expert and I testify to these matters as an expert.

    I none the less live a lonely existence with the things I know for a fact and that which the market place of defaulted title holders fails to listen too.

    1.MERS has standing – believe me. ? They are your very best friend if you reach out!
    2.Bifurcation is pontification for unification of the masterba…..Okay
    3.DO NOT send out a QWR or debt validation response?
    4.They cannot enforce a “PUT” if it is not put back to you!
    5.They lost the note – so how can they bring it into court?

    Andy Kaufman Fred Blassie and man on the moon…right Yeah Yeah I know.

    What I have seen from years on the other side and perspective and what I know – has to date failed to get through to the sector I believed I could help!

    Just go back and think through these five things I noted above. Stop and think it through. Its better you discover it yourself before you hire anyone else.

    True story – A client who speaks little English is going toe to toe with Mega Lender last month after setting aside the sale date. I can only help a Pro Per to that extent I am not practicing. So we stated the case the best we could and I wished him luck.

    His matter has been set aside for now and he knows Goliath will be back another day. By that I mean the opposition, the trustee law firm who is handling the sale . . . they went out and hired their own Counsel.

    The Dean of a substantial PAC 10 Law School!

    Just think it though. I am sure of that what I know.

    M.Soliman
    Expert.Witness@live.com

  68. @john anderson – were you looking at the note at the courthouse? those usually aren’t recorded is why i ask

  69. Nancy Drewe,

    If a loan has a “servicing number” of 002274812-3 (seperate from the loan number and assigned prior to the closing as both are on the docs) and was written by Option One , predestined to be in a MBS where WF N.A. is the trustee … What electronic registry would the info be recorded in? eRegistry? What does the -3 signify ,, to me it seems like a “generation” verifying much of what has been said here about no new money loan , just adding to the amount of the collection rights ,, no new money , no transaction, just the 3rd modification to the original …

    Your Thoughts Please

  70. anonymous bears repeating:

    “…Subprime/alt-a/jumbo refinances (as nearly 100% were refinances) — were and are nothing more than a transfer of servicing rights to false collection rights. And, jumbo new purchases fit in the same category.
    This does not preclude QT challenge — all for it — just want most to understand — we are not challenging mortgage title — it never existed in the first place — we are challenging ANY title based on fraudulent loan (collection rights) ASSUMPTION – and fraudulent mortgage title origination – to begin with.
    All is NOT as THEY would like it to appear to be. Far from it. If you call them a “mortgage” — when it is not a mortgage — they will try to find some way to hold accountable —-this is wrong – and it is FRAUD. Just because it looks like a “duck” — does not mean it is a “duck” — no matter how it “quacks.”
    Unsecured — name of the game. .
    Subprime/alt-a/jumbo — were not mortgages — they were transfers of collection rights (albeit — with escalated balance owed and egregious terms). Once the Note/loan — is charged off — no more mortgage — only collection rights survive.
    TARP Inspector General — Footnote 35 again — and again– and again.
    “Without the note, a mortgage is unenforceable, while without the mortgage, a note is simply an unsecured debt obligation, no different from credit card debt.”
    Securitiztion can be for any cash flows — but the security investors are NEVER the creditor. In the case of subprime/alt-a/jumbo securitization — there were no mortgage liens — the cash flow pass-through was only for pass-through of cash payments to collection rights. No mortgage lien – not mortgage — no pass-through of collection rights itself. Transfer of servicing rights only.
    The “investors” were the debt buyers that purchased the collection rights — period. The security investors were duped to believing that the cash pass-through was to valid mortgage liens. But, these security investors never were the lender, never were the creditor, and never were the mortgagee — because there was never any valid mortgages!!!!! And, security investors are NEVER the creditor.
    CDOs??? nothing more than derivatives from the false assets that the false securitizations were based upon to begin with!!!”

  71. Dear Linda,

    -Credit report does not reflect 2nd paid off.
    -Found a MIN for the 2nd.
    -Breaks in chain of title.
    -Sent debt validation, QWR, and others.
    -Affidavit of Non-response and final notice of default through notary. -Rescinded it.

    -Hired two attorneys near the end and both took our funds and made sure we got evicted.

    -A real nightmare that left us drained.

    I’m so very sorry for your hardship. There appears to be ‘no’ ethical attorney’s available in California. You need the advice of an attorney. Are you in Bankruptcy proceedings?

  72. John Anderson

    ‘MERS’ IS NOT THE OWNER

    What are the first 7 digits of the MIN#
    The next 10 digits of the Retail Sales Agreement.
    One side of the ‘sale’ there is another transaction for the ‘purchase’ of the ‘mortgage note as collateral’ and that will be assigned File Doc ID.

    MERS clearly indicative that the mortgage collateral was sold and traded clouding the title as recorded with County Recorder.

    Origination is when the ‘Trustee’ secures ‘PRE-FUNDING’ released to SELLER as US DOLLARS as a cash deposit into the ‘Sellers’ corporate trust services treasury. Eventually that funding and collateral attached to ‘Issuing Entity’ c/o Depositor pass-thru agency of the purchaser of the collateral. When you paid your first payment, that way your payment and deposit of cash into treasury and became loan revenue as asset available to ‘Trustee’ before the PSA closed, some loans referenced inside fwp free writing prospectus prior to PSA closing.

    Luminaq.com provides excellent document regarding who owns the mortgage note. David Krieger provides hands on detailed chain of title audit. Dan Edstrom provides accounting audit and high-level chain of title audit. Lots of resources. But no harms until they file documents in bad faith third party attempting to take possession of property in larcenous manner filing falsified documents over wide world web.

  73. I went to the courthouse to look at the ” note ” and it shows Mortgage Electronic Mortgage Systems as the owner.
    I thought that MERS never holds the notes or Mortgages?

  74. linda—heartbreaking…makes you not trust ANY attorneys…are there ANY OUT THERE THAT KNOW WHAT THEY ARE DOING??? Or are they all “in on it”??? Who can we trust—where do we turn—no money to pay for help from a “decent” attorney even if we could find one…but, the criminals counted on that, didn’t they? As I’ve said before—the Wall Street fraudster/banksters made sure to abscond with EVERYTHING that would be needed to prosecute them later…kicked to the curb we are, by FRAUD ON EVERY ***DAMN LEVEL.

  75. Nancy,

    We are in California. Thank you for the wealth of information. Had a securitization audit, and other audits done. Credit report does not reflect 2nd paid off. Found a MIN for the 2nd. Breaks in chain of title. Sent debt validation, QWR, and others. Affidavit of Non-response and final notice of default through notary. Rescinded it. Just goes on and on. Hired two attorneys near the end and both took our funds and made sure we got evicted. A real nightmare that left us drained.

  76. Analysts: PHH Should Up Market Share
    By Brad Finkelstein

    Even though the management at Mount Laurel, N.J.-based PHH Corp. said its mortgage origination business lost market share during the second quarter, the analysts at FBR Capital Markets believe the company is becoming even more aggressive in bringing in new business as the larger servicers such as Bank of America and Wells Fargo are losing origination clients.

    Free with Registration

    PHH at it exists today, formerly Cendant Title & Settlement Services morphed into 4 ips’s including realogy, title resource group, phh, Intrawest dba ‘Cendant Mortgage Corp’, ‘PHH Mortgage Corp’, even signatory on SEC documents for Goldman and Deutsche Bank Trust Americas dba Bankers Trust of California, N.A.

    Now FreddieMac the institutional investor c/o fannie mae the master servicer through FIS the preferred and only Originator’ no longer needs ‘bank-affiliated’ ‘mortgage brokers’ and here comes more layoffs in the banking sector they will blame on ‘deadbeat homeowners’ really just technology in place on CLOUD in which FILE DOC ID tracks collateral for FREDDIE MAC – collateral attached to loans it purchases and slices and dices the collateral into other financial products sold and resold ….

    More job layoffs coming!

  77. It’s all smoke and mirrors for you can’t see the real documents that exist.

  78. Sales Agreement is another legal document the borrower signed with a 10 digit # tracking in MERS the trade of the resale during RETAIL transactions and closing with consumer.

    Under bank secrecy act, the fiduciary duty of the real bank nust not sell loans for 30 days or will have to claim the profits. Who recorded the profit from the resale of the approved HUD loans that were resold again?

  79. Ian

    MIN # was already in place when a homeowner signed on the dotted line = ‘RETAIL’ Sales Agreement in which ‘closing agent’ secured signatures of ‘borrower’ on ‘mortgage’

    First 7 digits MERS MEMBER
    Next 10 digits Sales Agreement number
    Interesting the ‘Sales Agreement number is not the borrower’s loan number – its a different # than the one the Servicer used to collect monthly P&I.

    Yes – an owner’s title policy that previously existed would be used and the RETAIL transaction and related transactions would be part of the nationwide network that hides the defects or the unreorded purchases of the collateral clouding of titles.

    The homeowner’s title policy suplemented by additional LENDERS policy. Did you refinance and pay for what you thought was an OWNERS POLICY? Subsequent refinances in the same family the mortgage brokers order LENDERS POLICY protecting the ‘Servicer’ who forced for advance funds in the event of a default.

    The purchase money mortgages are ‘Escrow’ PREFUNDING advanced to ‘Seller’ who as Depositor accepted funds.

    The purchaser sells back ‘servicing rights immediately, and the first payment a consumer as borrower makes on their mortgage promissory note paying back the loan is indeed the revenue stream as an asset the TRUSTEE c/o Pass through agency as depositor secures ratings AAA and will incorporate ‘some’ into the free writing prospectus (loan#’s related to ‘escrow’ table funded by unrelated thrid party part of the “CREDIT FACILITY’ and related to ‘TRUSTEE’ and pending INSTITUTIONAL INVESTORS transactions.

    Mandatory to have long arm reach National Registry to track the eNotes. Only can play in the market if you are a member of the private network. That was only a piece of the vendors tracking of the collateral and trades.

    Keeping ‘database’ PRIVATE FOR THESE TRANSACTIONS ARE THE ONES DIRECTLY RELATED TO NOT BEING RECORDED IN ACCORDANCE WITH STATUTORY LAWS PERIOD. WHAT IS AFFIXED ON AN eAllonge is what is not recorded in public record and is not lawfully recorded in chain of title A, B, C, D, …. directly related to Institutional Investor FREDDIE MAC, in which FANNIE MAE Servicer using BRAND NAME of third party’s.

    CHASE, IndyMac, BOA, Norwest, WELLS FARGO, MORTGAGE BANKERS OF AMERICA, LAWYERS TITLE SERVICES, ETC

  80. Featured Story

    What We’re Hearing: Is Fannie Mae Financing Servicing Transactions?
    By Paul Muolo

    So, which firm bought Bank of America’s $73 billion mortgage servicing package? Before we provide an answer, the first question you need to ask is this: What do you mean by “bought”?

    Free

  81. Does anyone know how I can find out on my purchase money loans, now with B of A as to whether they were charged off or what . Will the bank one day just mail me free and clear title or did they get my loan paid off by the government and then try to clear this up with me. I don’t think I have ever felt so left in the dark in my life. Thanks for all the postings and good luck to all. Bill

  82. What is the rest of this ending line?? It is incomplete.
    The secondary fell out of the AAA rating of S&P, Moody’s, Fitch, Phelps, etc. So the ‘mortgage collateral’ of the secondary transactions were traded at RETAIL. Request from your ‘insurance broker’ of your homeowners insurance, a copy of all the documents in which third party’s sent updates for the ‘Certificate of Insurance’ adding and changing the “lien holders’ they would put name of ‘servicer’ in first position on the second loan so in ‘negotiations’ they could say the second lender did not allow a loan modification – pure fiction. Look at your credit report. You’ll see the 2nd loans get paid off. When you are in default, you don’t know once they file the default notice after 90 days, the servicer will process insurance claims and collect monies for they have to advance funding to ‘Issuing Entity’ by agreement while they track default debt we owe them which is unsecured.

    You need a good attorney and chain of title audit. A good foreclosure defense attorney as an individual not part of the nationwide network is who you need, typically an ethical individual not owned by the vultures.
    David Krieger – cloudedtitles.com, Luminaq.com ‘who owns the note’ report, good accounting audit, and experts knowledgeable like Mr. Soliman with Acconting… is what you need.
    What state are you in?

    Wachoia loans with World Savings as HELO’s unsecured and yet they put in primary lienholder position.

    Sadly all of the borrowers sucked into ‘modifications’ will be foreclosed upon for they have to pay not only the 1st mortgage off first, and can’t payoff any principal on the 1st mortgage until they pay off the 10 year appendage at the end of the amended mortgage loan. Which means they are renting their property for they will need hundreds of thousands of dollars cash in order to qualify for a refinance. The servicer owns the debt after 90 days comes after consumers in court and does not have standing for they do not have claim on the deed of trust as a lawful lienholder of the debt in which they track as they advance the performing payments to the ISSUING ENTITY and what do they do with the money which does not get to the investors? They use to pay the court costs of the related transactions of the Servicer.

  83. Nancy Drewe- if the MIN # was already in place when a homeowner signed on the dotted line, would not the owner’s title policy be forced to cover the clouding of title? A homeowner’s title policy only covers conditions which existed prior to purchase, correct? And what of purchase money mortgages? They were actually funded loans, as opposed to the default debt collection rights refis, so it wasn’t to anyone’s advantage to get MERS involved. What say you?

  84. All of the COTA’s Chain of title report or ‘Clouded Title Report’ I like to call them, reveal that the titles are clouded by the sale and purchase of third parties not recorded with the public offices, of your county, the County clerk or County recorder. When in default, an eAssignment will be recorded and eNotes recorded and eAllonges recorded claiming the TRUSTEE assigned a substitute to go to court and take property.

  85. Dawn,
    you have a title which is clouded and legally should not be insured under an OWNERS POLICY when the property is to be sold. You need a chain of title audit by an expert not part of the nationwide network who hides the defects recorded inside private vendors databases.

    Your collateral as a mortgage note was purchased from “TRUSTEE” of Issuing Entity by Institutional investor FREDDIE MAC in a series of acquistions, trades, fundings, escrow.

  86. Write Did facts inside the footnotes get incorporated into Arnold’s Testimony before SENATE in 2010? Important disclosures related to 1996 & MERS copied below.

    Former President Clinton’s term, indeed FEDERAL RESERVE and its ‘Page Boy’ OCC, & Congress allowed institutional investors to acquire performing ‘mortgage notes’ as collateral. Yes, residential mortgages recorded already with DEED OF TRUST were re-purchased and re-sold used as collateral inside institutional investments traded over financial exchanges globally separating the mortgage note from ‘deed of trust’

    FREDDIE as Institutional Investor ‘collateral’ tracked by ‘Document File ID’s, indeed traded after the ‘residential mortgage promissory notes’ were resold and after the existing DEED OF TRUST already recorded with County Clerks and County Recorders RETAIL TRANSACTION, the institutional transactions clouding the chain of title.

    Is that why former President Clinton snuck through the HR BILL? No choice FEDERAL RESERVE and US TREASURY held proverbial gun to his head? Sex issues aside, he cared about his professional image. He’d let this happen under his watch!

    1995 forward anyone may view in the CLOUD the transactions in which ‘collateral’ mortgage notes are purchased and resold clouding the nations’ deed of trust documents nationwide. Had Former President Clinton had not signed the HR BILL snuck through at the end of his term what would have happened in 2000 when borrowers tried to acquire mortgages? Would the revelations have surfaced and revealed this mess? I say yes.

    FEDERAL RESERVE represents private owners of real wealth who controlled the acquisitions, mergers, etc.

    The image of the US attaching the mess directly to the GSE’s! Hmmm…. Is FREDDIE MAC the pawn? Financial Modernization Act forced upon Congress?
    Same tactics utilized trying to force nation TO ACCEPT eNotes tracked inside the MERS registry as amendments to the DEED OF TITLE.

    CONGRESS did nothing to stop Financial Modernizations Act blessed the transactions.
    On 3/13/2000, the world forever changed, the extraordinary powers vested to bank holding companies that became conglomerates that controlled the ‘view’ of the documents already falsifying satisfactions of mortgages.

    Congress agreed to move forward and not look back. As each president enters office, each President will say like current President Obama ‘We will only look forward not back’ related to commerce and economy.

    Did former President Clinton exit knowing he would not get blamed for the clouded titles throughout the nation?

    Makes sense this ‘hypothesis’ indeed to be explored in a movie! The’Insider II’ perhaps? Start off with ‘fiction’ in which President Obama invokes Executive Order to try FREDDIE MAC and Chase and …. Congress and former President Clinton for

    1995 -2000 FREDDIE MAC Investor, close relationship US TRUST Corp having acquired Chase Manhattan Corp, and allowed Chase Manhattan Mortgage processing to be separated, allowed institutional investors to sell collateral (mortgage notes already purchased) initially separating the notes from the ‘servicer’ who acted purely as a debt collector now of the ‘Master Servicer’ c/o TRUSTEE responsible for paying the Institutional Investors and Certificate Holders.

    1995-1999 mortgage note as collateral resold placed inside different financial products sold over financial exchanges. By 3/13/2000, Chase, Wells Fargo & Co, BOA, became financial holding companies in control now ‘lawfully?’ of the funds as a financial holding company allowed mixing Insurance, Securities, Banking, and General Purpose Business entities business.

    The pass through agency of the ‘Issuing Entity’ c/o Registrant’s corporate trust services as depositor handled monies in and monies out and controlled reinsurance the clouded titles of residential real estate controlling the real estate industry nationwide.

    FREDDIE MAC allowed Chase to separate collateral related to the recorded DEED OF TRUST from the residential ‘mortgage promissory note’.
    Redirect the revenue using BRAND NAMES all of the transactions transparent to consumers as borrowers paying mortgages had no idea that the payment became the revenue stream treated as asset of securitized investment.

    Purpose of National Registry’s eVault to track owner of the mortgage note in order that the OK to insure LENDERS POLICY in subsequent transactions protecting the revenue stream. The SERVICERS Chase Manhattan Mortgage Corp, GMAC Mortgagee c/o GMAC – Residential Funding Corp, Norwest Home Mortgage, Bank of America NA, Wells Fargo Bank NA, Citi Bank NA, …, knew they controlled the nationwide network to the ‘mortgage DEED of TRUSTS’ and MERS is the members in any of the LINES OF BUSINESS ‘gentleman’s’ agreement’ the collateral would be acceptable to be sliced and diced.

    Clearly in 2000, the close relationship of FREDDIE MAC, Microsoft, Tuttle Decisions, The US TRUST Corp, and processing of Chase Mortgage Corp done in Chase Brand Name. Mandatory cooperation of American Land Title Association and the American Bankers Association and the members of the Lawyers Title Corp, Land America, Commonwealth subsidiaries including Chicago TItle, … and nationwide network connected by bank attorney’s, title & settlement agents who would not report the clouded titles. This is not theory this is fact. Attorney General in NY under Martin Act, and the FCC and FBI I’m sure are all over this matter when you have an EXPERT WITNESS document the ‘National Registry’ which is all MERS ever was to record the ‘trading’ of transactions which clouded the titles would insure acceptance of all transactions of members to ignore the ‘trades’ and insure the collateral already owned by ‘the documented member.’

    Read on Google ‘2000 close relationship of FREDDIE MAC and Chase discussed regarding Microsoft Joins Forces With Freddie Mac, Chase Manhattan, GMAC-RFC, Norwest Mortgage and Bank of America To Form New Company (that company infighting dissolved in a year but restructured and resold) Altel – became FIS the ORIGINATOR (point of contact) for nationwide network in order to get an unclouded title report.

    Aggressive consumer marketing campaigns enforced by use of BRAND LABELS ‘Wells Fargo’ for example….

    In 2000 Strategic Partnership: Steve Ballmer, president and CEO of Microsoft, as well as executives from Freddie Mac; Chase.com; GMAC-Residential Funding Corp. (GMAC-RFC); Norwest Mortgage Inc., a Wells Fargo company; and Bank of America. All the residential retail steps automated ‘escrow’ advances to finance a mortgage including credit checks, appraisals, underwriting decisions. Acquisitions of related vendors continued Extreme Networks of Norwest LP LLLP Ltd, Tuttle Decision Systems, Inc. mortgage technology co loan platform risk-based lockable loans from multiple lenders inside of ‘private network’ traded in commerce transactions over the CLOUD channels licensed by Microsoft and ‘ventures’ in partnership with Freddie Mac, Chase.com, GMAC-RFC, Norwest Mortgage and Bank of America. The ‘3’ divisions were split up by 2001.

    “credit, underwriting and property valuation from its partners to streamline and automate all aspects of the mortgage and real estate transaction, virtually eliminating paperwork and red tape platform will be developed and maintained by HomeAdvisor Technologies and distributed by partners to banks, lenders and real estate professionals, allowing real estate and mortgage professionals to engage in related transactions in commerce in the finance universe”

    Microsoft will hold a majority stake in HomeAdvisor Technologies Inc.; Chase.com, Chase Capital Partners, GMAC-RFC, Norwest Mortgage and Bank of America will also be taking an equity interest in the new venture, and Freddie Mac has provided significant technology contributions and has a financial interest in the new company. The new company will have strong ties back to its industry partners and parent companies in the form of commercial agreements for technology sharing and distribution through online and offline channels

    To tie into ‘R.K.Arnold’s testimony’ one must consider in 1996 MERS already tracking the clouded title transactions not recorded in the public domain as required under statutory laws. Hmmmmmm.
    Something…

  87. Venu I am sure you meant “quiet title” do you know those who have a successful quiet title and how does a person get info showing how?

  88. CIO’S TRACK THE TRANSACTIONS
    CFO’S TRACK THE MONEY.
    CEO’S SELL COMPANY PRODUCTS AND SERVICES

    BY 2003, CONGLOMERATES CONTROLLED REAL ESTATE INDUSTRY OF THE UNITED STATES.

    Where was the FTC? 2001 small lenders and small banks and credit unions cried foul to FREDDIE MAC’s endorsement and partnerships with Microsoft, etc, so they backed off and created ‘separate’ entities who integrated services over the CLOUD.

    Whats the CLOUD? Internet.

    Evidence of control?
    Public document, National eNote Registry
    Version 1.0
    May 7, 2003

    Introduction July 2003 of first complete commercial institution transactions connected to residential collateral and participation of nationwide network of bank attorneys, title & settlement agents, and all the many related Lines of Businesses of the real estate industry.

    National eNote Registry purpose to track the ‘copies’ of the real note in which the ‘collateral’ was sold and resold, and track the party responsible for servicing.

    A MIN NUMBER affixed to a ‘mortgage’ means during origination that mortgage was already sold in a ‘Sales Agreement’ and the party of one side of the transactions is the ‘first seven digits of the MIN#’ the next 10 digits are the Sales Agreement, the final number a control character affixed to insure data record posted that day unique. On the same day, therefore, a consumer may face in court an Allongein which the many related members engaged in transactions in which

    FREDDIE MAC
    FANNIE MAE
    GMAC
    Wells Fargo

    will produce in court an eAllonge and eNotes in which they all signed on the same day the consumer as borrower signed the real ‘mortgage promissory note’ and the eAllonge the evidence of what was not recorded in the county court records.

    CONTEST CONTEST the allegations when faced with foreclosure don’t be a turtle for when your house is taken by the debt collector to satisfy the advance funding they MUST pay the DEPOSITOR of the ‘Issuing Entity’ the loan# is affixed as an asset! They are not the party with Standing who can take property. SPEAK UP! Learn. You are smart! Read the public documents and fight!

    RETAIL Transaction day you sign forward, the
    MERS MEMBER ID affixed to ‘mortgage note’ pull up record on-line
    MERS MEMBER SEARCH
    type first 7 digits and you’ll get ‘who’ of the ‘Sales Agreement’

    There is a purchaser ‘omitted’ from the database.

    You see the MERS purpose to record the ‘trading’ only

  89. Can you please explain in simple terms what this means to someone who has a registered Freddie Mac loan with Mers as nominee for a broker which was serviced by washing ton mutual then serviced by Wells Fargo home mortgage foreclosed on by assignment to wells Fargo bank na and then the foreclosure bid was assigned to Federal home loan mortgage Corp aka Freddie Mac from wells Fargo bank na Also how do I find who the doc custodian is?

  90. BUSINESS PURPOSE OF ‘MERS’

    TRACK ‘MORTGAGE NOTES’ AS COLLATERAL SOLD TO INSTITUTIONAL INVESTORS, AND TRADED THE SERVICING RIGHTS TO THIRD PARTYS.

    1996-FREDDIE MAC INVESTOR, AND CHASE ‘SERVICER’ AND ‘LENDER’

  91. What is the rest of this ending line?? It is incomplete.
    “Why were the secondary loans put into the first lien position on the homeowners policy using the amount approved by the Underwriters and not the am…”

    I want to know because Wachovia foreclosed on our second mortgage in Aug 2010 and Wells Fargo got it in a credit bid and we were kicked out. If Wells took over Wachovia in 2009, they are just trading names. Wells sent us sub of trustee and reconveyance on first mortgage after home sold to third party. MERS officers signed the papers, but no mention of MERS.
    Gosh….isn’t there someone that can help us sue without it costing us $5,000.00 up front?????

  92. MERS is not the only ‘database’
    Actual collateral source documents registered under
    ‘Uniform Data Collateral’ UDC.
    Inside SEC documents, exhibits, other, one will find

    Document File ID 1100000A2D (provided in Example on line screen).

    GSE’s conjoined moving data ‘collateral appraisals for investor and ‘loan’ data are assigned a Document File ID used by ‘others’ to do business.

    FREDDIE MAC ‘Investor ‘

    eFannieMae.com

    Appraisal report forms for all conventional mortgage loans delivered to Fannie Mae on or after March 19, 2010 must be submitted to UCDP if:
    – The loan application is dated on or after December 1, 2011, and
    – An appraisal report is required.

    eFannieMae . com
    Uniform Collateral Data Portal (UCDP)
    September 1, 2011 effective date for use of Uniform Appraisal Data set (UAD)-compliant forms quickly approaching.

    INFORMATION TECHNOLOGISTS UNDERSTAND ‘data’ bases must be updated, tested, for new open system platform development, systems wil run parallel.
    September 1, 2011 first stage of roll out data update requirement.

    File Identifier listed inside of CTS-Link Remitter & Collateral Files links Appraisal submissions of Appraiser, Lender, Seller, Purchaser to INVESTOR including both (GSEs) INVESTOR & LENDER & SELLER Loan# documented inside of UDC documents processed via portal by Lender Administrator and

    UCDP General User Guide discusses 15 digit numeric placeholder. New number? Unique to FREDDIE/FANNIE/LENDERS/SELLERS?
    Standard for the ‘Sales Agreements’ and ‘Purchase Agreements’ 10 digits. So the ‘5’ digits will represent a VENDOR ID?

    Vendor-provided solutions that offer an integrated system interface to UCDP. A list of technology vendors that plan to provide a vendor solution with an integrated system interface to UCDP is provided below. The list will be updated frequently over the next several months as vendors are added.

    FIS – ORIGINATION – GSE Vendor approved Freddie & Fannie

    Loan Syndication and Trading – integrated functional modules that support the lending process from deal building through servicing and trading

    FIS is one of the world’s top-ranked technology providers to the banking industry. With more than 30,000 experts in 100 countries, FIS delivers the most comprehensive range of solutions for the broadest range of financial markets, all with a singular focus: helping you succeed. Every FIS solution has the strength you need for profitability today, and the power to help you manage whatever comes next.

    FIS is part of the S&P 500. FIS has also been named the number one overall financial technology provider in the world by American Banker and Financial Insights (FinTech 100).

    FIS ‘PREFERRED AND ONLY ORIGINATOR’ LISTED AS APPROVED VENDOR OF NEW PROGRAMS. VENDOR LIST BELOW incorporates all of its global subscribers related to real estate industry. ‘EXCLUDES’ Small …’

    Midtier and Large Banking – flexible channel, integration and core solutions to meet every banking need from originations to servicing.

    Uniform Collateral Data Portal (UCDP)
    Solution Providers as of (Vendor/AMC List) July 19, 2011

    -ACI – appraisal . com
    -a la mode, inc. Mercury Network
    -Avista Solutions, inc. – Avista Agile(tm) Loan Origination System (LOS)
    -Bradford Technologies, inc. – Appraisal/World Connection
    -Calyx Software – Point(r) PointCentral(r)
    -CORE LOGIC VALUATION SERVICES – CORE LOGIC APPRAISAL MANAGEMENT SERVICES
    -ELLE MAE, INC. – eNCOMPASS 360(R)
    -FIS – ORIGINATOR
    -Fisserv – EasyAccess & Unlflo Pro Mortgage
    -FNC, Inc. – Collateral Management System (r) (CMS) & Collateral -Headquarters ™ (CHQA)
    -Global DMS, LLC – OASIS Valuation Management Platform & ——–Global Klnex WebServices
    -IBM – Impact Loan Origination System
    -InHouse, Inc – Connexions (AssS&Appraisal Management Services)
    ISGN – Appraisal Services
    -Kirchmeyer & Associates, Inc – Kichmeyer Order Management System
    -RealEC Technologies – RealEC Collaborative Partner Network
    -LenderVend LLC – Appraisal Fufilment Services
    -MortgageFlex System – The Residential Lending System
    -Prime Alliance Solutions – Lending Suite
    -ServiceLink Valuation Solutions, LLC – Vision Integrations, Valuation Products
    -Solidifil – Solidifil Values ™
    -Veros Real Estate Solution – VeroSELECT & Valuation Risk –Management System (VRM) Sapphire (backoffice UCDP)
    -ValuAmerica – ValuNet

    https : // www . efanniemae . com/sf/technology / commitloandel / ucdp / pdf / ucdpvendorlist . pdf

    Data and open system platform changed economic landscape and intent of INVESTORS’s TRUSTEE taking possession of property in deceptive perhaps larcenous manner.

  93. Venu
    The ‘definitions’ are clearly stated 2003 in public document as related to the ‘National Registry’

    The ‘mortgage’ is not inside of MERS.

    The purpose of MERS SPIN you state is incorrect. There was a very good purpose to MERS a business purpose. Please don’t spin restate the real purpose FREDDIE MAC and select group of institutonal investors created MERS to track literally the bifurcation (acquistion) and purchase of ‘mortgage notes of residential properties’ 1995-3/2000 placed inside of ‘institutional investments’ the mortgage collateral already sliced and diced of the members who ‘traded’ ‘mortgage note as collateral purchased’ and ‘seller of mortgage notes receivables’

    Congress allowed iinstitutional investors to acquire performing ‘mortgage notes’ of residential mortgage used as collateral and traded over financial exchanges bifurcating ‘note’ from ‘deed’ and did not notify consumers.

    FREDDIE MAC Investor, close relationship US TRUST Corp who acquired Chase Manhattan Corp, and allowed Chase Manhattan Mortgage processing to be separated, allowed institutional investors to sell collateral (mortgage notes already pruchased) initially separating the notes from the ‘servicer’ who acted purely as a debt collector now of the ‘Master Servicer’ c/o TRUSTEE responsible for paying the Institutional Investors and Certificate Holders.

    1995-1999 mortgage note as collateral resold placed inside different financial products sold over financial exchanges. By 3/13/2000, Chase, Wells Fargo & Co, BOA, became financial holding companies in control now ‘lawfully?’ of the funds as a financial holding company allowed ot mix Insurance, Securities, Banking, and General Purpose Business entities business.

    The pass through agency of the ‘Issuing Entity’ c/o Registrant’s corporate trust services as depositor handled monies in and monies out and controlled reinsurance the coulded titles of residential real estate controlling the real estate industry nationwide.

  94. bytheway,
    based on my research, the debt was purchased again and/or written off. check your credit reports.

  95. Did facts inside the footnotes get incorporated into RKArnold’s Testimony before SENATE in 2010?

  96. what does it mean on MERS lookup tool?

    June 2011 shows active by the claimed servicer

    Today, August 2011 shows inactive by the claimed servicer?

  97. A computer system or database CANNOT be a mortgagee as deletion from the database is revocable by an Undelete command. When a computer system deletes an entry, it only removes the first bit which could be recovered by many third party software. Therefore, if X is recorded as a holder of a mortgage and then later transferred to Y and recorded as holder of that mortgage, both X and Y are in the database technically, which is retrievable. MERS is only an invalid and manipulative mortgage recording idea which is in place to circumvent registrations at the county land evidence record offices. Besides, if a mortgage is recorded as with A in the county land evidence registry and recorded as B in a secluded and private computer systems, the authenticity of A is legal as county registration is a public record. This arises conflicts. Therefore, MERS cannot be a mortgagee with numerous impractical implications such as a computer system cannot act itself to record a mortgage to be a mortgagee. This whole notion of computer systems recordings holding a mortgage are absolutely absurd such as copies of a check claiming ownerships and those mortgages which are recorded by MERS must be given quite title as they are not properly recorded.

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