CHUTZPAH: Look it up if you are not familiar with the term. Here is a document that states on its face that Linda Green had no authority to to sign anything on behalf of MERS. So there goes thousands of documents signed by Linda Green. But wait there’s more!
The mortgage date is January 25, 2007. Shortly thereafter the mortgage originators were closed without assets since they never had any loans receivable anyway — they only served as mortgage brokers who were named as straw-men in the mortgage documents.
Assignment of mortgage by Linda Green was October 13, 2009. “Said assignment was executed by Linda Green, Vice President who at that time did not have signing authority on behalf of MERS.” Did she ever have signing authority. was it ever her signature? Answer: in virtually all cases she neither had the authority nor was it her signature that was affixed on documents.
If it was a substitution of trustee, then everything that followed after that substitution is a nullity. In this case it is a mortgage in Florida so there isn’t any trustee.
Now they are trying to file a “Corrective Assignment of Mortgage” and in a self-serving way, relate it back to the time when the bogus assignment was recorded. No bank would accept such an instrument if they were on the other side of a transaction. They would insist that the title be cleared as of the time of the new assignment, which means that all empowering documents be recorded as exhibits to show that MERS had anything to assign, and that there was authority for MERS to sign.
And now they want us to take our word for it that the documents were delivered electronically to the assignee. Really? what about the original note that needs to be filed with the court to prove the ability of the creditor to submit a credit bid instead of being required to pay cash like everyone else at the foreclosure sale?
Note also that it is signing for American Broker Conduit, which by its very name establishes at least a question as to whether it was ever the lender. ABC was the subsidiary of American Home Mortgage, BOTH of which closed their doors in 2007!!
This document, in my opinion, violates both the Federal reserve and OCC Cease and Desist Orders and requires enforcement action by those agencies. The question is really this” Do we want to save the Banks or save our country? If the Banks win on this, then anyone can take your home or property by making absurd claims and creating fabricated, forged unauthorized documents. doesn’t that bother anyone?
Filed under: bubble, CDO, CORRUPTION, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: bankruptcy, borrower, Corrective Assignment, countrywide, disclosure, Florida, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, linda green, LOAN MODIFICATION, MERS, modification, quiet title, rescission, RESPA, securitization, TILA audit, trustee, WEISBAND |