Foreclosure Hamlet

Supporting, Informing & Connecting People in Foreclosure

Man's $500K Loan Produces $92M in Unsecured and Illegal bonds

This is a three hour viewing and a must see. 

A Paula Gloria banking fraud special with Randy who has had experience with Banking fraud first hand when he was defrauded by a "Bank", lost his home and lived on the E train for years while studying law to fight his case and M. Nawaz Raja who produced 20 boxes of 20 large files (one of which he shows on camera) for his own case where his signature for a half million dollar "loan" produced around $92 million in unsecured and illegal bonds fraudulently given triple A status RIGHT FROM THE BEGINNING. Mr. Raja never even defaulted on his loan before his inquiries to restructure lead to aggressive attacks by the "bank" to foreclose.

http://www.youtube.com/watch?v=FBI5lV2M4OM&feature=email&em...

Views: 155

Tags: Nawaz, Raja, fraud, investor, mortgage, securitized, trusts, undisclosed

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Comment by Sharon on July 9, 2012 at 9:04pm

I don't think they have any intention to negotiate a modification.  This is because they have not right to foreclose and they have no right to negotiate a modification.  That is why modification are so infrequent.  They won't do it unless there is a gun to their head. 

Comment by saving my home in floridah on July 8, 2012 at 4:56pm

hapeened to all of us.  how do we get this to the judges.  i was current when i asked wells fargo for help.  inducement into default should null and void the note.  there has to be case law.  unfortunatley,  tell a person you have a contract with to break the contract  must null and void it.

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