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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john
Does anyone know the steps to do a securitization audit on my own, please stop arguing about laws and such, I am just asking for a series of steps to do a securitization audit on my own, is this not an educational forum?
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George Burns
BOTH Roper AND moose answered your queston in the other thread. Did you read their responses?

Maybe the problem is your definition. What do you think a securitization audit is ?

In simplistic terms it is an audit of the securitization of your note. You would therefore need information regarding who securitized it, when and then how.

But, if you have that information, What else do you need and What could you possibly do with it? As they pointed out any further information, other than the above is not available to you and even if it was, would be of no use to you.

So, What is it that you really want to do? Check the accounting entries?
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Bill

John,

You are not being ignored.  You received your answer in several different posts on multiple threads. 

YOU CANNOT DO A SECURITIZATION AUDIT YOURSELF. 
 
YOU DO NOT HAVE ACCESS TO THE DOCUMENTS   
/RECORDS THAT WILL SHOW IF YOUR MORTGAGE IS IN A TRUST. 

You can do some research on your trust as well as find the trust controlling documents.  There are several threads on how to look up your trust.  What trust is claiming to own your mortgage?  Post some more information and we'll see if we can point you in the right direction

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john
Can you write the steps for this?

"
You can do some research on your trust as well as find the trust controlling documents.  There are several threads on how to look up your trust.  What trust is claiming to own your mortgage?  Post some more information and we'll see if we can point you in the right direction"

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George Burns
Steps for What? How to use the "Search" feature to look up previous threads covering the term "securitization"?

You can't be serious?
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Ed Cage

john wrote:
Can you write the steps for this?

"You can do some research on your trust as well as find the trust controlling documents.  There are several threads on how to look up your trust.  What trust is claiming to own your mortgage?  Post some more information and we'll see if we can point you in the right direction"


Step 1)  Learn to read with comprehension.

 

Ed Cage

 
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William A. Roper, Jr.
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John said:
Can you write the steps for this?

"
You can do some research on your trust as well as find the trust controlling documents. There are several threads on how to look up your trust. What trust is claiming to own your mortgage? Post some more information and we'll see if we can point you in the right direction"

 
John:
 
Virtually everyone at this Forum has spent time answering and trying to help you.  As of yet, I have seen essentially NO EVIDENCE that you have bothered to read, think about or understand any of the various responses.
 
To the contrary, you seem to continue to post poorly conceived and articulated questions.  You questions seem to reflect a failure or refusal to read or understand the prior responses.
 
It appears that you are simply wasting everyone's time.
 
If you have a specific securitzation question, why don't you post it?  Challenging others to collectively post a "How To" book on securitization research for your convenience, rather than bothering to search the Forum for the wealth of prior posted wisdom seems to indicate that you are not actually interested in self-help, but are rather seekign to shift the burden of your research to others!  Everybody else is also BUSY.  I freely give hours of my time to help others.  But I am not going to devote even five more minutes on your behalf absent some indication that you have read, sought to understand and actually apprecaite the time everyone else has already endured.
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   Check out ForeclosureProSe.com

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Here is your answer John
http://en.wikipedia.org/wiki/Troll_%28Internet%29



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William A. Roper, Jr.
Mike HANSEN will gladly and eagerly show you how you can be swindled!

See also:

About Mike H.

http://ssgoldstar.websitetoolbox.com/post?id=5358980

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Moose
Mike H wrote:

   Check out ForeclosureProSe.com



Yes, check it out and try to ignore the typo's, grammatical errors and over-simplifications.

It's like trying to read how to bat .300 in the major leagues; all you have to do is follow the simple instructions from the bat-boy.

Moose

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Texas
Even though William A. Roper Jr. and others do not see the same mountains as I do, I did visit and review many of the documents on "foreclosureprose.com" and on a scale of 1 to 10. I would rate the documents being effective between 1 & 2.

 
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Real Estate Services Technology has just released their Property Solutions Report software for distressed homeowners that suspects their mortgage servicer has broken the chain of title on their property, and therefore has no legal claim to foreclose.

This strategy is a direct result of the Foreclosuregate/Robosigner scandal that came to light last November (although evidence of mortgage document forgery on the part of mortgage servicers goes back to 2004). This is a spectacular strategy to force mortgage servicers to recognize their own Net Present Value (NPV) calculations and Average Valuation Model (AVM), to lower the principal balance on a mortgage to a Fair Market Value. It is complete with vesting information, chain of title, assignments, assessments, judgements, endorsements, voluntary and involuntary liens, legal descriptions, allonges, even MERS data and Pooling & Servicing Agreements, if requested.  It is one, all-inclusive, dynamic report. It prepares the homeowner with the proof to demand the original note or deed from the mortgage servicer.

This strategy is ideal for the homeowner whose hardship doesn't qualify for HAMP or an in-house mortgage modification or short sale.

The REST Menu of Property Solutions Reports is the leading edge of 'Loan Disposition Analysis Reporting Technology.' To date, 4000 REST Reports have been run for distressed homeowners to calculate a mortgage modification or short sale with zero failures.
There is not a dissatisfied customer anywhere.
Before Roper or Moose discounts this new solution, I invite them to verify what I write here. The bottom line here means that success will now depend on the attorney and state District court attitude.

More info can be found here:http://mortgage-monster.com/sue-your-lender.html



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George Burns

Is it 4000 or is it 1500 reports produced?
Is it 4000 that were successful out of the 1500 or what? 4000 out of 1500 would be a fantastic ratio.

From the website:

" For 2011, third party negotiators can’t do anything you can’t do yourself. The solution is to prepare yourself with the same unbiased calculations the banks use to calculate the Net Present Value of your property and your hardship.
To date, we’ve run approximately 1500 REST Reports. Of the ones that have gone to court as foreclosure defenses, every single one has been welcomed by the foreclosure judge as unbiased proof of a foreclosure solution that stands up to the most critical scrutiny. The judge brings his gavel down on the knuckles of your clueless mortgage servicer and makes it clear that he will hold the servicer legally accountable to good faith negotiations – as evidenced by the calculations of that same REST Report. (Want a court transcript? I’ll send you and/or your judge one.)"

I can't wait to see a court transcript.

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Bill

pompapah wrote:
Real Estate Services Technology has just released their Property Solutions Report software for distressed homeowners that suspects their mortgage servicer has broken the chain of title on their property, and therefore has no legal claim to foreclose.

This strategy is a direct result of the Foreclosuregate/Robosigner scandal that came to light last November (although evidence of mortgage document forgery on the part of mortgage servicers goes back to 2004). This is a spectacular strategy to force mortgage servicers to recognize their own Net Present Value (NPV) calculations and Average Valuation Model (AVM), to lower the principal balance on a mortgage to a Fair Market Value. It is complete with vesting information, chain of title, assignments, assessments, judgements, endorsements, voluntary and involuntary liens, legal descriptions, allonges, even MERS data and Pooling & Servicing Agreements, if requested.  It is one, all-inclusive, dynamic report. It prepares the homeowner with the proof to demand the original note or deed from the mortgage servicer.

This strategy is ideal for the homeowner whose hardship doesn't qualify for HAMP or an in-house mortgage modification or short sale.

The REST Menu of Property Solutions Reports is the leading edge of 'Loan Disposition Analysis Reporting Technology.' To date, 4000 REST Reports have been run for distressed homeowners to calculate a mortgage modification or short sale with zero failures.
There is not a dissatisfied customer anywhere.
Before Roper or Moose discounts this new solution, I invite them to verify what I write here. The bottom line here means that success will now depend on the attorney and state District court attitude.

More info can be found here:http://mortgage-monster.com/sue-your-lender.html




The problem with this scam as with all the other scams is they really don't research the information they are posting.

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Your mortgage servicer may not have the legal right to foreclose on you. If your title was not assigned correctly, they have broken the chain of title and their foreclosure action is illegal.


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If your lender can't provide the title or deed to your property, you win big time.



What happened to Carpenter v. Logan?  I guess the mortgage doesn't follow the note anymore.  I guess there is no equitable assignment of the mortgage when the note is negotiated. 

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This software will tell you in advance if you have a winnable case in court


Do we type the attorney names in the software as well as jurisdiction and the judge's name so the "software" will give me the correct result?

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This report costs less, is more extensive, and more reliable than the typical title search from your title company.
Your attorney knows this.




How does my attorney know some scammer in their basement on a computer can produce a more "extensive" and "reliable" report than a licensed, bonded, and insured title company?

I'll rush out to send a check (I'm sure you would prefer well hidden cash) to this scammer today!!!!!!!!!  Of course I don't have the Name, address, or any other identifying information to address my letter.  I guess I'll just wait until you post a pay-pal link, or better yet, just let me finish sending my money to Nigeria.  I just got an email that will make me rich and I'll have plenty of money for your scam too.

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Dear Sir:

        I have been requested by the Nigerian National Petroleum Company to contact you for assistance in resolving a matter. The Nigerian National Petroleum Company has recently concluded a large number of contracts for oil exploration in the sub-Sahara region. The contracts have immediately produced moneys equalling US$40,000,000. The Nigerian National Petroleum Company is desirous of oil exploration in other parts of the world, however, because of certain regulations of the Nigerian Government, it is unable to move these funds to another region.

        You assistance is requested as a non-Nigerian citizen to assist the Nigerian National Petroleum Company, and also the Central Bank of Nigeria, in moving these funds out of Nigeria. If the funds can be transferred to your name, in your United States account, then you can forward the funds as directed by the Nigerian National Petroleum Company.  In exchange for your accomodating services, the Nigerian National Petroleum Company would agree to allow you to retain 10%, or US$4 million of this amount.

        However, to be a legitimate transferee of these moneys according to Nigerian law, you must presently be a depositor of at least US$10,000 in a Nigerian bank which is regulated by the Central Bank of Nigeria.

        If it will be possible for you to assist us, we would be most grateful. We suggest that you meet with us in person in Lagos, and that during your visit I introduce you to the representatives of the Nigerian National Petroleum Company, as well as with certain officials of the Central Bank of Nigeria.

        Please call me at your earliest convenience at [Phone Number]. Time is of the essence in this matter; very quickly the Nigerian Government will realize that the Central Bank is maintaining this amount on deposit, and attempt to levy certain depository taxes on it.

Yours truly, etc.

Ben Ahore

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