Charles (Poppa Koppa) has been a tireless investigator since the mortgage misery began. It was he who saw the correlation between the amount of the wrongful “credit bid” at auction and the amount reported to investors and regulators and insurers and guarantors. I just received the following from him. He and his team are focusing in on the plain fact that none of the transactions referenced or implied by “assignment,” “indorsement” or “power of attorney” ever happened. None of the “documents” are true. The courts are mostly running on the biased and completely incorrect underlying assumption or narrative that any of the foreclosing parties had any legal role in originating, transferring or even processing loans or payments on loans. The entire scheme is a fraud with pennies being sent out to keep “investors” pacified while their wallets are being purged of any value.
Here is what Charles Koppa wrote to me —–
We formed www.TitleTrail.com when I realized that “The Title Insurance Industry”, “MERS”, and “Foreclosure Attorney-Trustees” had co-conspired with loan servicers at the expense of both home owners and investors “No paper trail, no government compliance, no knowledge of the REMIC investors, no knowledge of the borrower, etc”.
SEVEN Potential crimes by a pattern of dozens of unethical financial services “players”:
1. CONVERSION of Loan Obligations into “unsecured” electronic lien securitizations.
2. FALSE CLAIMS using Bond Certificates as Liens to control “secured” Land Titles at 125% value of the original promissory note and First Trust Deed.
3. FORGERY, FABRICATION, FRAUD and PERJURY in many documents filed in Public Records and Court Histories.
4. MISREPRESENTATION of Wall Street liens (soft assets) as rights to Real Property (hard assets).
5. EMBEZZLEMENT of 20% homeowner real property equity at false public auctions of virtual and phantom liens.
6. RICO violations by virtual SPE/SPV families commandeered by a dozen Wall Street Banksters’.
7. COLLUSION between ALTA, ABA, MERS, UTA and most state Bar/Judicial associations.
COME ELEVEN “R’s” adding to Readin’, Ritin’ and Rithmatic for 50 million homeowners:
1. Recognition of the meaning of “Lien Foreclosure Tyranny”.
2. Recovery by distressed homeowners to improve current living standards.
3, Revelation of actual participants and “middlemen” in mortgage shell games and financial musical chairs.
4. Rebellion by anyone who was/is “Mad As Hell”…
5 Repeal the Commodity Futures Modernization Act of December, 2000. It gave “Legal Certainty” to unethical Bankster Pranks
6. Replacement of MERS and automated creation/trading of Residential Mortgage Backed Securities.
7. Restitution for “stolen dreams” via treble damages to borrowers/claimants based on Discovery of Fraud in Land Title Records.
8. Return to a state of financial integrity and Clear Land Titles as a symbol of “The American Dream”.
9. Re-create balance between owning real property and the ability to support a loan obligation.
10. Restore ethics and pride in home ownership, financial services, Main St, Wall St, and Congress.
“9/11” saturated American consciousness. Perhaps “7/11” is the “kernel” for the American Integrity Movement (AIM) FYI: We are copying undisclosed recipients for reactions and further discussions… CJK
ACTION: if you received this, we seek critiques of this outline, ideas, concerns, an interests in joining/supporting an IntegriTeam in your area.
Filed under: foreclosure |