Take this home for example. It was originally sold for $289,000.
Prior to Final Judgment, property had two (2) assignments of mortgage for two entities same robo-signer for both via MERS.
At auction it was sold for a MAJOR discount at approx. 75% off. to Indymac via LPS Minnesota address in 2010. We know Indymac has been shut down way before this time.
Why couldn’t they work a deal like this when this person whom I personally know tried over and over to get a modification AT THE TIME?
They had a good job then and still have a good job today.
So why do they not want to work with the borrowers and reduce the principal to reflect today’s REAL and TRUE appraisal of the property?
Make sure you follow the transactions to understand what happened and why it makes no sense where this goes.
Now Here comes more funny business:
Still following?
Property was Quit Claimed/Transferred To Freddie Mac for $100.00 (prepared by David Stern) but consideration shows only $10.00.
Property then sold for $3900.00 more 13 days later $78,000
SAME day flipped for $150,000
Previous records are all gone [compare both images]
INDEX NO. 16 150-2008
SUPREME COURT – STATE OF NEW YORK
I.A.S. PART 17 – SUFFOLK COUNTY
P R E S E N T :
Hon. PETER H. MAYER
Justice of the Supreme Court
BENEFICIAL HOMEOWNER SERVICE CORPORATION,
v.
TODD L. MASOTTI
In this foreclosure action, the plaintiff filed a summons and complaint on April 24, 2008, which essentially alleges that the defendant-homeowner(s), Todd L. Masotti and Michelle Casey, defaulted in payments with regard to a mortgage, dated September 20,2004, in the principal amount of $311,842.43, for the premises located at 38 Crestwood Lane, Farmingville, New York. Although the plaintiff annexes a power of attorney permitting “LPS Default Solutions, Inc.” to act on its behalf, the affidavit of merit is by an employee of “Lender Processing Services, Inc.” According to the court’s database, a foreclosure settlement conference was held on June 23,2010. The plaintiff now seeks a default order of reference and requests amendment of the caption to remove the “Doe” defendants. The plaintiffs application is denied for the following reasons:
(1) failure to submit evidentiary proof of compliance with the requirements of CPLR 3215(f), including but not limited to a proper affidavit of facts by the plaintiff [or by plaintiffs agent, provided there is proper proof in evidentiary form of such agency relationship], or a complaint verified by the plaintiff and not merely by an attorney or non-party, such as a servicer, who has no personal knowledge; and
(2) failure to submit an affidavit in support, which is in a properly sworn form, as required by CPLR 15 2 3 0 9( b) .
This constitutes the Decision and Order of the Court.
Dated: August 6, 2010
Take a good look at the Buyer and the address in the document below. I investigated a little more and found multiple addresses below in forums and placed them here for you to see.
If you take a look at the Buyer in this Title the “Certificate Of Title” was issued under IndyMac Federal Bank…HUH? IndyMac FB does not exist…This seriously needs to be investigated! How are these being sold under failed banks?? Where does the money go after the auction and from the new sale?
Everyone needs to look at their documentation and look carefully for this address. If you have them under this address please forward them to StopForeclosureFraud@gmail.com.
OTHERS LISTED WITH 1270 Northland Dr. Ste 200 Mendota Heights, MN 55120
Fidelity National Foreclosure Solutions 1270 Northland Drive Suite 200.Mendota Heights, MN 55120 · (651)234-3500
Foreclosure & Bankruptcy Services. 1270 Northland Drive, Suite 200, Telephone, (651) 234-3500. Mendota Heights, MN 55120, Fax, (651) 234-3600 …
WELLS FARGO BANK NA TRUSTEE
1270 NORTHLAND DR SUITE 200
MENDOTA HEIGHTS, MN 55120
INSPECTOR: Eddie Prieto 274-5545
DEUTSCHE BANK NATIONAL TRUST
1270 NORTHLAND DR STE 200
MENDOTA HEIGHTS, MN 55120
INSPECTOR: RANDEL SMITH 274-5545
http://www.newspapernotice.com/details.aspx?id=1889632
Current Beneficiary: MERS as nominee for Aegis Mortgage Corp Care of / Servicer Aegis Mortgage Corp/Fidelity C/O Fidelity National Foreclosure Solutions 1270 Northland Drive. Suite 200 Mendota Heights, MN 55120
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