Kathi Sharpe wrote:
Hello to evryone out there.........it sure is a good thing for everyone that the website is up and running again............Anyway I have a couple of questions that I need on and if there is anyone out there who can provide with some answers it would be gratly appreciated...........Why would on one day in May, 2003, would my loan be assigned from Fremont, to US Bank NA Trustee CSFB Heat Series 2002, by Fairbanks' attorney-in-fact in Hatboro, PA, (when at the time my loan was in a default status and delinquent according to Fair- banks, who would purchase a non-performing loan) then assigned to TD Service Company of Arizona, located in Santa Ana California as a Substitution
of Trustee, where the same attorney-in-fact is in Hatboro, this time as the attorney-in-fact -for US Bank Trustee and TD Service Company (still in California) and then have TD Service Company give Notice of a Trustee's Sale
where the beneficiary is US Bank and the address is Hatboro, PA, but if there were any inquiries, they were to be addressed to Fairbanks Capital Corporation in Salt Lake City, Utah.....No wonder when I rescinded my loan in July 2003 it took three months to respond???? Again why sell my loan to foreclose on it??????????And yes in March 2004, US Bank was still the benefciary........Who had standing???The beneficiary or the substitute trustee??????????Fremont Investment and Loan is mentioned nowhere after the first transaction??????????Question 2. Why didn't the FTC and Curry Class Counsel ever consider " legal standing" when they negotiated these Settlement Agreements????????If the class period was from 1999-2003, wasn't this a very active period of refinancing?????????One would have to assume that when these two groups of lawyers looked at some of the complaints and loan documents by those whose loans were being foreclosed
upon............wouldn't they have recognized that many of these loans were ABS loans????????That Fairbanks, even though they were the Servicer, they were not the original lender and often sold these loans into pools that then were sold to investment bankers who in turn bundled them and sold deriviative securities?????????No standing????????????40 million dollars and lies is what an American Nightmare cost.............I strongly feel that the Class Counsel for Curry needs to be sued for malpractice................