http://thepatriotswar.com/index.php/a-mortgage-paper-trail-often-leads-to-nowhere/general/ News, Research & Insights for American Homeowners, Patriots & Constitutional Conservatives Fri, 30 Dec 2011 15:19:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://thepatriotswar.com/index.php/a-mortgage-paper-trail-often-leads-to-nowhere/general/comment-page-1/#comment-747 John R. Fri, 01 May 2009 17:29:10 +0000 http://thepatriotswar.com/?p=365#comment-747 I also have 20+ years of experience within the Real Estate industry and several thousand hours researching the mortgage securitization and "Standing" issues as they are in the mortgage foreclosure crisis we are in today AND I also state that what is said above is true. In my own case, the mortgage was transferred from one entity to another 5 times. Each time, by UCC and State Law, there should have been negotiation and written indorsements... or no transaction was committed. In all 5 of mine, there is not 1 signature transferring anything! That's right, not one signature! Conversely, the investors who were investing in the "TRUST" where my mortgage was supposedly deposited, were paying for something that was not there. Buying Securities based on security that did not exist. Due Diligence is another HUGE area I see mistakes in. Each and every purchaser of the Mortgage & Note has a REQUIRED duty to verify all information on the Mortgage & Note and information used to create them. HAH! What a joke! As this goes on, it's only gonna get worse and worse for these Ripper Offers..... Hallelulah! I also have 20+ years of experience within the Real Estate industry and several thousand hours researching the mortgage securitization and “Standing” issues as they are in the mortgage foreclosure crisis we are in today AND I also state that what is said above is true. In my own case, the mortgage was transferred from one entity to another 5 times. Each time, by UCC and State Law, there should have been negotiation and written indorsements… or no transaction was committed. In all 5 of mine, there is not 1 signature transferring anything! That’s right, not one signature! Conversely, the investors who were investing in the “TRUST” where my mortgage was supposedly deposited, were paying for something that was not there. Buying Securities based on security that did not exist. Due Diligence is another HUGE area I see mistakes in. Each and every purchaser of the Mortgage & Note has a REQUIRED duty to verify all information on the Mortgage & Note and information used to create them. HAH! What a joke! As this goes on, it’s only gonna get worse and worse for these Ripper Offers….. Hallelulah!

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