Banks foreclose on homes that they don't own

Find out who the owner of your mortgage is. You have a right to face your accuser in court. Demand the original mortgage note. Do not tolerate a lost note affidavit. If you need to foreclose do it. Stay as long as you can. Save as much as you can in the mean time. Wait for the Sheriff to give you the 24hr notice to leave. You may be able to stay after not paying the mortgage if the mortgage owner cannot be determined. MERS is a fraud! Also a forensic loan audit may be in order!

The Banks received your tax dollars through bailouts. Why not try to get some of it back? Its your money.

Chase Accused of Brazen Bankruptcy Fraud
http://www.courthousenews.com/2012/01/17/43098.htm

They Walked Away, and They're Glad They Did
http://www.nytimes.com/2011/11/09/your-money/life-goes-on-some-find-after-lea...

Homeowner turns the tables on Bank of America: Deputies Seize their property
http://www.youtube.com/watch?v=A0T-eEmeegs

Matt Taibbi: Courts Helping Banks Screw Over Homeowners
http://www.rollingstone.com/politics/news/17390/232611

How To Forge A Client's Signature' And Other Lessons From Inside The Ameriquest Sub-Prime Sweatshop
http://dailybail.com/home/how-to-forge-a-clients-signature-and-other-lessons-...

Jim Rickards says that the mortgage debacle is far worse than people realize.
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/10/20_Jim_Ricka...

SEIU Launches 'Where's The Note' Campaign To Help Homeowners Fight Foreclosure
http://www.huffingtonpost.com/2010/10/12/seiu-launches-wheres-the-_n_759965.html

Bank of America forecloses on house that couple had paid cash for
http://www.tampabay.com/news/business/realestate/bank-of-america-forecloses-o...

How to Avoid Foreclosure: MERS, Breaking the Chain of Title
http://www.foreclosurelawfirms.com/resources/foreclosure/foreclosure-defense/...

Straightening Out the MERS Mess
http://www.upi.com/Real-Estate/2010/09/23/Straightening-Out-the-MERS-Mess/529...

GMAC Stops Foreclosures in 23 States
http://www.nakedcapitalism.com/2010/09/gmac-stops-foreclosures-in-23-states.html

J.P. Morgan suspending some foreclosures: reports
http://www.marketwatch.com/story/jp-morgan-suspending-some-foreclosures-repor...

Bank Tries To Foreclose On Owned Home
http://www.kcra.com/station/23688124/detail.html

The Big Wall Street Banks Have Found A New Way To Strangle The American People: Predatory Property Tax Collection
http://theeconomiccollapseblog.com/archives/the-big-wall-street-banks-have-fo...

Mortgage Electronic Registration Systems(MERS)

REMIC - Real Estate Mortgage Investment Conduits

Imminent Big Bank Death Spiral
http://news.goldseek.com/GoldenJackass/1288209233.php

If you thought the bank bailouts were over, you thought wrong.
http://www.newsweek.com/2010/10/04/banking-s-new-bailout.html?source=patrick....

Category:

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[PiercedEar]

We took a mortgage loan in 2000, after seeing this video and a few others we got out the notes and all the paper work associated  with the promissory note, closing papers, etc..We found among'st those papers an affidavit of Lost Note, notarized, verified in July of 2001..What exactly does this mean? The loan has been serviced by various banks since the original mortgage. Wamu and Chase to be exact..

[jimbobubbadj]

@PiercedEar I'm not an attorney. There are attornies that specialize in this. If you decide to hire an attorney make sure that they are not in bed with the banks. A forensic loan audit may help. A mers chain of title is suspect, robo signing fraud. Jsnip4 has some good videos about this. It seems that the original mortgage note has been lost due to this in your comments: "affidavit of Lost Note". IMHO, it may be worth going deeper into this. Let me know how you do.

[jimbobubbadj]

@PiercedEar Chase and Wamu may not be the true owners due to the mortgage possibly being securitized into thousands pieces as most mortgages nowadays are. Here's another video you may find helpful: watch?v=lKh3iRNLPSM

[jimbobubbadj]

@PiercedEar There are links also in these videos that may help if you decide to do your own research.

[jimbobubbadj]

@PiercedEar Check out this article: Chase Accused of Brazen Bankruptcy Fraud  h t t p ://w w w. courthousenews. com/2012/01/17/43098.htm

[TASSOS502]

HOMES BELONG TO FAMILIES!!! NOT TO BANKS!!!

[jimbobubbadj]

@TASSOS502 No argument from me!

[Shockofsanta]

Thats the scam. They already got paid for the house, and made a killing betting against the mortgage when they sold it. They dont own the house, but when they secure foreclosure they gain ownership and can "sell" it again and do the same thing to some other sucker.

Fucked up isnt it? Lets build some guilotines.

[abcedy123456]

THIS is very disturbing...

[PiercedEar]

Thank you so much..

[nrsrchd]

For those who want to fight I have found a company that can show the fraudulent nature of the mortgage and county documents. They are licensed and their documents are competent for court which most audits are not competent enough to stand up in court. I know one person who already had his county record documents found to be fraudulent an is in the process of getting his title quieted. Contact me and I will pass on that information.

[weidnerlaw]

A GOOD TIME TO WATCH THIS AGAIN....REMEMBER, HE DID THIS VIDEO YEARS AGO....and it's only gotten worse since then....

[Gofightsystem]

yes this is true and it ha been going on for decades