Supporting, Informing & Connecting People in Foreclosure
Commentary seems superfluous at this point. Words escape me as I shake my head in disbelief.
MA assignment from Argent mortgage to Kondaur Capital executed on 12/15/2006 Psychic Amtrust.pdf
Okay. Okay. So? What's the big deal?
For starters, Kondaur Capital came into existence on 6/21/2007.
STAND BACK IN AMAZEMENT BECAUSE AMTRUST HAD THE FORESIGHT TO ASSIGN THIS MORTGAGE TO A COMPANY THAT WOULD NOT EXIST FOR ANOTHER SIX MONTHS!
Next, Amtrust died and was taken over by the FDIC. There had been rumors of who bid on Amtrust's assets but some of the bidders were undisclosed. Oh Grand All-Seeing PsychicForeclosureFraud.com, could Kondaur have been one of the winning bidders for the servicing rights of a portion of Amtrust's servicing portfolio?
From National Mortgage News in Sept 2010: MetLife Bank has been mentioned as a possible bidder on a $23 billion servicing portfolio auctioned off this past week by the Federal Deposit Insurance Corp. But our sources say the portfolio wasn't necessarily sold in one piece and that another bidder was involved. The FDIC had no comment. MetLife said it doesn't comment on "rumors on speculation." Its off-the-record comment to me was: "We don't comment on rumors and speculation" but they did wish me a nice weekend. The FDIC receivables hawked belonged to the now-defunct AmTrust of Cleveland…
Wait. Wait. Let's check the MERS MIN Lookup, shall we? This was not a MERS on origination mortgage, but it morphed into a MERS mortgage at some point.
|MIN:1001625-0005840017-8||Note Date:02/06/2006||MIN Status:Inactive|
|Servicer: FDIC as Receiver for AmTrust Bank||Phone:(216) 588-6185|
|Investor: FDIC as Receiver for AmTrust Bank||Phone:(216) 588-6185|
To whom, if anyone, is the obligation owed? Amtrust? The FDIC (aka We, the American People? Kondaur?
Why so serious? Feeling a little crazy 'bout right now?
As one of our Hamlet members points out below..."hahaha plus the notary stamped/dated it two days before the affiant appeared before him....the notary must be psychic since he knew on the 13th that the affiant would appear before him on the 15th..."