Any thoughts on how to frame a response to this would be greatly appreciated. Thanks!!!
RE: Assignment Fraud... Felony?
From: Scott Ellis (Scott.Ellis@brevardclerk.us)
Sent: Wed 12/30/09 9:54 PM
To: Tony Webster (email@example.com)
Cc: Pete Griffin (Pete.Griffin@brevardclerk.us); Frank Sakuma (Frank.Sakuma@brevardclerk.us); firstname.lastname@example.org
I’m not really sure what the point is, Mr. Webster. If you are saying a lender is foreclosing on a property where the owner is current on his payments then I clearly see a problem.
If the borrower knows he borrowed the money, is sitting in the house (or renting it out), and knows he has not made the payments, are you saying the present owner is entitled to keep the property without making payment on money he willingly borrowed?
I have dealt with a pitiful mortgage company before who purchased my original mortgage, but while they were horrible, I knew I owed the money.
Are you saying the note on what was borrowed and the title to the property should both be voided? If so is this simply to be able to quit claim the property to a lender of some name (as best can be determined)? The powerpoint goes over chains of title and assignment, but I never saw where anyone claims the money was not borrowed.
From: Tony Webster [mailto:email@example.com]
Sent: Tuesday, December 29, 2009 11:34 PM
To: Scott Ellis
Cc: Pete Griffin; Frank Sakuma; firstname.lastname@example.org
Subject: RE: Assignment Fraud... Felony?
These documents are a direct link to the biggest heist any of us could ever fathom, it's the reason why the US economy tanked. The fact is MERS is not licensed to do business as a lender in any of the 50 states. I know that the Clerk of Court has missed millions of dollars in revenue by way of MERS taking place over proper assignment and discharge of mortgages.
For example, my mortgage was assigned to SunTrust but they never appeared on record as having an interest in my property. It (MERS) conveniently masquerades as a lender on mortgage and title but they are not qualified to do so and basically cover for the fraud that is taking place on multiple levels on the back end of the transaction. Notes are subsequently collateralized and swapped and sold and insured and a lot of people across the securitization chain have an interest in the property (see attached power point).
Except in my situation Wells Fargo Bank, N.A. was the Master Servicer and also the Securities Administrator. HSBC Bank USA, National Association was the Trustee, Suntrust Mortgage Inc. was the Servicer Sponsor and Seller & Bear Stearns Asset Backed Securities I LLC was the Depositor.
But there is absolutely no chain of chain of custody recorded in public record. Has anyone ever challenged the validity of having a non-lending company recorded as lender? We may as well call them SCAM-MERS. It's not about locking up the mortgage system. It's about having a chain of title that is "proofed-up" on uncontested foreclosures where MERS and "lost note affidavits" are at hand.
Doesn't an assignment of mortgage from somewhere out of left field from Chase employees acting as VP's of MERS to Chase raise a red flag?