Quote: So if I some came up with the money to pay off my loan how do I know that it went to the right place? Would you trust that a bank would apply the payment to the right fund? I would not.
You waived presentment when you signed the note.
I would not. They will most likely loose it and foreclose anyway. So how can they foreclose when they don't even know where the loan is? I do not trust banks. They pulled allot of crap on me before. They will not modify my loan because of investor guide lines. When I ask who they give the run around. If they take my house I am going to leave the biggest pile of crap they ever seen. Bunch of f*&(&n crooks.
If you pay the full balance due to the servicer demanding payment, they will not foreclose. Moreover, if you have the balance to pay and the matter is already in a judicial foreclosure, you can deposit the balance with the court and ask the court for a declaratory judgment as to the entitlement of the plaintiff to the proceeds. In this way, you will have a final order that discharges the debt and clears the mortgage lien.
If you vandalize, damage or destroy a property subject to a lien, this is a serious crime in most states.
Did you come to the Forum to vent or to develop a viable foreclosure defense? Perhaps you should start browsing or searching through other posts to ascertain how to defend your property rather than simply expressing your anger and hostility when someone shows you that the avenue you are pursuing is useless!