POINT – COUNTERPOINT: SECURITIZATION FAILURE EXPLAINED

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POINT – COUNTERPOINT: SECURITIZATION FAILURE EXPLAINED

POINT – COUNTERPOINT: SECURITIZATION FAILURE EXPLAINED

Clouded Titles-

“JANE … YOU IGNORANT SLUT!”

(As exclaimed by Dan Akroyd to Jane Curtin on Saturday Night Live …)

Sorry … I had to do that because you can’t say that to opposing counsel in foreclosure court … as much as you’d like to!  Still, I’m not an attorney, I can’t render legal advice, but I have been listed on at least one attorney’s “expert witness list” for upcoming trials! 

My blood boils when I’m consulting at a foreclosure trial and I hear the bank’s attorney claim that the borrower has nothing to do with the PSA because I know damned well that the borrower (nor his counsel) has a comeback that they can waylay on the bank’s attorney in point-counterpoint fashion, which is why I went with the opener that I did.

The bank’s attorney doesn’t want the borrower opening up the subject of securitization failure, because in so doing, the REMIC finds itself without standing to foreclose.  End of story … because the last attempt is always (when Fannie Mae and Freddie Mac aren’t involved) the use of MERS (through servicer fraud) “assigning” a note a mortgage years later into a REMIC trust. Securitization failure may look obvious on paper (what’s recorded in the land records) but it cannot account for the path the note didn’t travel.

[CLOUDED TITLES]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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2 Responses to “POINT – COUNTERPOINT: SECURITIZATION FAILURE EXPLAINED”

  1. Beryl Wright says:

    Can anyone post a link for or send me this 502 pg complaint? I will really appreciate it. The pdf link in the article is not the complaint.

  2. “Kareem Salessi 12-26-16”

    Beryl Wright: The pdf link is under the article in the page linked above.

    Complaint starts at page 4. Here’s the direct link:

    http://stopforeclosurefraud.com/wp-content/uploads/2013/09/ROYAL-PARK-INVESTMENTS-SA-NV-vs-DEUTSCHE-BANK-AG.pdf

    ROYAL PARK INVESTMENTS SA/NV, Plaintiff,
    vs.
    DEUTSCHE BANK AG, DEUTSCHE BANK SECURITIES, INC., DB STRUCTURED PRODUCTS, INC., DEUTSCHE ALT-A SECURITIES, INC. and ACE SECURITIES CORP., Defendants.

    Mr. Krieger, author of this article:

    Your article stated:

    “Because in simple fashion, in order to make the chain work (the whole system), the Borrower’s payments facilitate the income stream to the investors, who received non-recourse bonds on the Closing Date (or Start-up Date, according to IRS terminology) of the REMIC.”

    $1,000 PRIZE MONEY:

    Right here, I guarantee to pay you $1,000 if you produce absolute proof that any money from mortgagors flows to buyers of MBS-REMICS as you described above- It doesn’t, because it canNOT!

    “No money can flow from mortgagors to buyers of MBS/REMICS”, NONE, because money from one mortgagor canNOT flow to multiple MBS to which that mortgage has been assigned to inside “MERS COUNTERFEITING DATABASE”.

    In my cases, even though I had no dealings with “the absolute fraud called MERS”, as an “ACTUAL NOTICE TO THE 9TH CIRCUIT COURT OF APPEALS”, and as a public service, I disclosed the undisputed fact that “MERS is just a database for counterfeiting countless MBS” by “facilitating the fraudulent assignments of each single mortgage to countless MBS” (i.e.: COLOSSAL COUNTERFEITING), and that NO money ever flows form mortgagors to any “MBS/REMICS BUYER/INVESTOR”, supposedly invested through the “MERS mortgage assignment” (i.e.: “MERS counterfeiting database”), whose representatives should best be court-marshaled for crimes against humanity.

    9th Circuit didn’t read my appellate opening brief linked under this comments:

    http://stopforeclosurefraud.com/2016/10/11/resources-a-comprehensive-history-documenting-the-events-that-caused-the-2008-financial-crisis/#comment-545289

    In fact, I have come to learn the hard way that there is a nationwide concealed fraudulent scheme of USA courts against self-represented individuals, in that USA courts do not read anything that pro se parties file, unless the filing is unopposed.

    9th Circuit had clearly not read my opening brief, or they may not have disturbed the “QUIETED TITLE OF THE ROBINSONS”, in favor of “the non-existing MERS” (which is just a fake entity name), in their recent decision which you posted, also here:

    https://cloudedtitlesblog.files.wordpress.com/2016/12/59-1-courts-memorandum-12-16-16.pdf

    Robinsons were also denied discovery as a court routine to prevent the unveiling of “MERS CRIMINAL ENTERPRISE”, from “MERS non-existing officers and employees”, who would have defaulted and never shown up for depositions (if they even existed!).

    Thanks Mr. Dubin.

    “Kareem Salessi 12/26/16”

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GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Kenneth Eric Trent, www.ForeclosureDestroyer.com

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