Many of us that have been exposing these frauds upon the country, courts, and family's, have listened from early on that this was a "Sub prime" bubble, then it was a "Sub prime" crisis, and now its a "World-wide Sub Prime Crisis". NOT ONE ORIGINAL NOTE OR MORTGAGE CAN BE FOUND?
I have wondered exactly how anyone can believe it was and is a "Sub Prime" crisis. For years I have said this is nothing more than "Equity Stripping" by servicers and Lender's. And in the years of investigating them, we have found the notes and mortgages have been sold so many times, that NONE of the Originals can be produced! Why is that?
Well it appears to even simpler than that. After being "Targeted (via RADAR at CBASS) my note was acquired through New Century, where CBASS then in some way obtained it, copied it and the mortgage several times, and then sold both the note and mortgage several times each! In most cases it's called "Counterfeiting" the note and mortgage and then reselling them several times over and over again! Making hundreds of Millions of dollars on each transaction. It's kinda like counterfeiting $1,000.00 dollar bills over and over again!
Wall Street then bought these "Counterfeit" copied mortgages and notes several times over, running up the amount each time. Now they are finding companies like Litton Loan and the Larry's would "Manufacture" foreclosures in order to develop a cash flow to keep investors believing in the product.
However it got way out of control, and both litigation and the numbers themselves Litton Loan had to create for cash flow increased, thus they had to increase the "Manufactured" foreclosure's. That's why, many of you who made payments, had them returned, refused, etc.
Also, by using Forced Place Insurance and falsely reporting your payment history (Benny Hibler), they were able to keep you in a default status, then foreclosed. In most cases, those of us "targeted" had a high equity to loan ration.
But it was the copying and reselling of the Notes and Mortgages that caused this crisis! It's very simple to prove; just find some Original Notes and Mortgages! They no longer are there! I'm hearing many are controlled by middle East countries like Saudi Arabia!