Isn’t going to happen because they’re mostly all shareholders of MERS and as long as MERS is around letting 20K + people sign any documents involving title to homes, they will always have problems.
The Journal Gazette
A top bank official put his best foot forward in Fort Wayne a day after eligible Hoosiers learned they could join a national mortgage settlement.
As part of the deal, more than 37,000 Indiana homeowners who were foreclosed on and subject to an error by a mortgage servicer between Jan. 1, 2008, and Dec. 31, 2011, will split $31.4 million in cash payments.
The average disbursement – $840 per household – is payback for charges of “robo-signing” that pushed mortgage applications through without proper review. Indiana and 48 other states this year joined the federal government’s settlement with five major lenders and servicing institutions to settle the claim: Ally/GMAC, Bank of America, Citi Bank, JPMorgan Chase and Wells Fargo.
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
THIS IS A BIG LIE BANKS STILL ROBO SIGN ALL OVER THE PLACE
JUST INESTIGATE BANK OF AMERICA FORECLOSURES AND YOU WILL SEE
THE FRAUD ALL OVER THE PLACE
Besides checking the signature, of the robo signer, check the address that corresponds to the numbers that signify the certificate of title on the foreclosing attorney’s Lis Pendens, Summons and Complaint, who knows…..the address may not be the mortgagee’s, and the numbers on their Title may represent a juicy security soon to be trading in a REIT under the guise of a foreclosure.
Wouldn’t it be sweet if that lil ole J. Kennerty, vp of MERS, was signing over hundreds of securities every day that are now trading in REITs, such as MTGE, a Wells Fargo cts link, as a foreclosure in ACE 2005 HE-5, when really it’s part of a Deutsche alt a portfolio with Wells Fargo , PNC andFNMA?
Can someone explain why besides being loaded with real estate and foreclosures these Government backed REITS are filled with health care products, insurance co’s and facilities?
This “IS A BIG LIE”. The banks are continuing to schene and defruad at every peel of the onion. Using short sales to a third party and not the homeowner as principle reductions in states defiency orders can not be made. Money the banksters would have lost anyway and the idea was to give principle reduction to the homeowner to keep the homeowner in their house, not in the course of being forced to sell to someone else. Robo fraud agginments in every mortage foreclosing, including fraud assignment docs and still being used to foreclosing with RECONTRUST AND MERS docs in the State of WA wnen both RECONTRUST AND MERS have been legally thrown out of WA. So absolutely corrupt and thuggery mafia brain types. Right in the faces of the WA Supreme Court justices.
I wonder if the WA Supreme Court justices are aware MERS and some of the Washington Judges are sticking their middle finger at them, making a mockery of their court and the justices.?