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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Barbara Ann Jackson
re:  Disregarding Blatant Proof of Wells Fargo’s Egregious Deceptive Practices Could Result In A Worse-Than-Madoff Situation

Mr. President:

PLEASE launch probes into self-evident false IRS form 1099-A's connected with foreclosures.

A mere look at Wells Fargo's false 1099-A's will expose various White Collar real estate & foreclosure fraud (carried out for years)--likely, another S&L mess!   Further, the most recent controversy about former Wells Fargo (WF) senior vice president, Cheronda Guyton’s use of the Miami home which the owners lost as a result of Bernie Madoff, is actually an unwitting exposition of deceits associated with foreclosure and repossessions.  Moreover, Wells Fargo’s internal investigation into that Miami matter has glaring appearances of coverup –particularly because Wells Fargo implausibly announced Ms. Guyton acted solely when it fired only her.

The point I want to make is that non-legal foreclosures filed DELIBERATELY in courtrooms are for reasons such as: filing false Internal Revenue form 1099-A's for tax advantages; repeated property flipping (which leads to blighted neighborhoods); and Bankruptcy Court false motions to "Lift Stay" for purposes of achieving SIMULATED AUCTIONS.   As such, loan modification is not in the interest of these sort of lenders.  Ongoing news reports of court judges who dismiss foreclosure cases because of no proof of owning notes is not always a coincidence, or mistake.

Deliberately false foreclosures often name defunct mortgage companies or companies which no longer hold the notes, and contain illegally affixed fees in excess of  "Acceleration Clauses," which makes it even harder for people to re-pay arrears.  If property owners sue for "Unfair Debt Collection Practices," attorneys make more even $$$ through protracted litigations --which Wall Street Investors often incur the tab.  In some instances, through use of a false mortgage holder’s name, the debt collection lawyer actually is the disguised foreclosing plaintiff who wounds up with ownership of foreclosed property and flips it!

The reality is that SCORES of foreclosure cases -including some of Wells Fargo’s have been thrown out of court when lenders (via collection lawyers) file foreclosure or Bankruptcy court proceedings without proof of being the proper party in interest.   Accordingly, as it pertains to the minuscule information supplied by Wells Fargo after embarrassment by its former vice president squatting and partying in the Miami home; and in light of irrefutable foreclosure frauds, here are some blatant questions about foreclosures, as well as that home squatting incident for which Wells Fargo dismissed public ability to contemplate:

1.   Undeniably, the Elin property had not yet been put on the market for public sale.  How or why then, did ––according Ms. Guyton’s public statement– Collin Equities wind up owning that Miami home after the Elins signed it property over to Wells Fargo?     

2.   Could it be that (in like manner as Wells Fargo does here in Louisiana) Collin Equities was the straw buyer for the Elins property, or did some sort of “simulated sale” occur whereby the property deed became (unlawfully) CONVEYED to Collin?

3.   Considering Guyton’s brass to use that Miami home, and her reference to Collin Equities, could there have been kickbacks / quid pro quo activity between them or any other firm of which Guyton oversaw property ownership transfers?

4.   Since Ms. Guyton was “responsible for commercial foreclosed properties,” wouldn’t it be the role of the person who is in charge of Residential foreclosed properties to permit Guyton to have access to the Elin property?   On the other hand, if the property is under Collin Equities ownership, did Collin permit Guyton’s personal use of that home?

5.  If Guyton had no authority over residences such as the Elin home, but Guyton’s authority was commercial property, does that not demonstrate that Wells Fargo’s investigation was not truthful; and that persons in the residential properties department were actually tangled with Guyton’s actions?

6.  What percentage of reasonable thinking people can honestly believe that WF employees do not make personal use of other repossessed properties as long as no exposure and public outrage occurs?

7.   How many people are unlawfully homeless, unlawfully evicted due to null foreclosure filings, or due to Bankruptcy Court “Lift Stay” motions that have been filed in the name of a lender which does not own the note, or a defunct lender? 

8.   If courtroom judges simply give collection attorneys carte blanche approval to seize and sell [defaulted] property without judges bothering to determine whether the named mortgage company has lawful right to the property, how probable is it for an unscrupulous lawyer to use any company’s name to seize someone’s home? 

9.   How many lawyers (via straw buyers) wind up with those distressed properties until they flip them!? 

10.   When mortgage companies receive form 1099-A tax advantages from the Internal Revenue; and when mortgage companies continually flip property while at the same time gain negotiable security for the same property, what incentive is there for such lenders to bother about blighted neighborhoods? 

11.   Lastly, aside from the gust of foreclosures that were dismissed from courts, what untold numbers of people who lack legal knowledge or lack means to pay for legal representation have lost or will loose their homes unlawfully?  

The seriousness of the above information is more than ample reasons why I respectfully ask you, Mr. President, to compel Congress to conduct a massive investigation of Wells Fargo (which will shed much light on many aspects of lender frauds), and refrain from blindly accepting Wells Fargo’s own spin of the truth.  Please feel free to make use of the facts, court pleadings, transcripts, and other prima facie evidence posted on my website.  Moreover, there is more available evidence I have not made public of which, I will be pleased to provide when my safety is certain.  Here are 2 links from my website:

Barbara Ann Jackson
Law & Grace, Inc

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Barbara Ann Jackson

Hi. I am the author of the above "Open Letter to President Obama."

I am positive about the Wells Fargo / Cheronda Guyton matter taking place in Malibu; and that the property was even referred to as "Malibu Colony properties." (Unfortunately, I'm not a good proofreader, nor, thanks to mortgage fraud, can I afford one.) I am aware that real estate agent Irene Dazaan-Palmer wanted show the lender-reclaimed Malibu property of Lawrence and Linda Elins. I simply mistyped the word Miami instead of Malibu, and never even realized I had done so.

However, I feel certain it is clear to any reader that the identities as well as the incident about which I wrote were in fact the people in Malibu. 

ALSO, I am not a lawyer, I am simply someone who uses her time, money, and resources to do what I can to help people to whom blogs such as these are intended.  Again, thanks for calling attention to the Miami / Malibu error. -Barbara

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There are many like you who are fed up with the current financial crisis and who thoroughly understand it's roots and causes.

Tis the task of the strong to protect the weak.  That's who we are, that's what America is.
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Incorporated lawyer are behide all the fraud mortgages and fraud foreclosure.All the programs the government offer won't help.Look up the corporations with the Secretary of state in California and you'll see how far the corruption goes.CSC is Corporation Services Company doing business as lawyers in incorporated and there all servicer for banks to do the foreclosure.Look up The Prentice Hall System Inc evil circle made up names and agents.Also they form corporations that don't exist with fake agent .And am not talking about 1 or 2 ,we're talking hundreds.This is to manipulate the stock market and election voting and within their association they flip the foreclosure property they steal .Because that's what they do forged,falsifiy ,lie on fraudulent documents and redirect your mail,calls and you won't get the right help you need.We're about attorneys ,you have two attorneys ,one or two in city hall and a couple in city council ,every government business has a attorney.They are the law maker and their the one's that breaks the law and they know they can get away with it,she they have.
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