Darrell Kanka's Page

                                            LOANS DESIGNED TO FAIL

It is now more than evident that subprime loans, or any mortgage loans, were designed, or had no option but, to fail so that money could be made throughout the process by all involved then finally on insurance covering the REMIC, based on original loan amount, as well as CDS's (credit default swaps) the property retained and sold once more into the scam. "Gee Mom .. all the kids were…

In this fraud and abuse of process case, plaintiff Cynthia Howard appeals the trial court’s

grant of defendant Trott & Trott, PC and Donald L. King’s motion for summary disposition

under MCR 2.116(C)(7) (statute of limitations), and MCR 2.116(C)(8) (failure to state a claim

on which relief may be granted). We affirm in part and reverse in part and remand.

                                       …

Finding info from the net in general and other sites I offer the following.

In order to maintain the integrity of the real estate mortgage backed security(RMBS) investment or securitization vehicles such as trusts, remic's etc. that your loan is/was a part of you must look at the MANDATED procedure to extract a defaulted mortgage from the pool.  You may see (most probably) that your loan has mortgage insurance and is declared PAID IN FULL on default. In other words a third…

Here is a bit of FEDERAL case law that might have legs in the foreclosure arena as I fail to see the difference in what happens daily in foreclosures across America.  As I have been saying all along the banks perpetrated the fraud and the mills and attorneys that worked at them presented it to the court causing harm.…