Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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MERS is listed as the beneficiary on my loan. According to AZ State law, MERS does not meet the criteria to be a recognized beneficiary. The AZ courts have not been upholding this statute & are ruling against claims that MERS cannot be the beneficiary of a mortgage loan in AZ.

Okay, let's go with that. MERS is the beneficiary of my loan.
My home was foreclosed on, and Feddie Mac bought it at the foreclosure sale via a credit bid.

The problem is simply this: Arizona Revised Statute 33-810 reads in relevant part ...
" Only the beneficiary may submit a credit bid at sale."

How can this happen & how can the courts overlook something this obvious?
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Did Feddie Mac become the beneficiary by assignment or some other mechanisim?  If so, you cannot read 33-810 in a fish bowl.  Look at the definition of "beneficiary":

33-801 Definitions: "Beneficiary" means the person named or otherwise designated in a trust deed as the person for whose benefit a trust deed is given, or the person's successor in interest.

Now, is there a valid assignment. . . . that may be the million dollar question.


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