Mike H wrote:
I know the QT idea has been around for awhile but few truly understand why it should be a winning strategy because they still don't see the big picture,ie they don't understand the true nature of why MERS was created in the first place. They still believe media propaganda that MERS was created so that investors could buy and sell Notes among themselves more easily thus providing liquidity to the mortgage Note market. In other words they want the "proles" to believe that the Notes are real.
They want you to believe that this financial mess was caused by borrowers defaulting on their loans. None of this is true.
An example of the truth can be found in the Mortgage Daily edition of 12/28/10 "Ally settles repurchase obligations on $84 billion in loans" "The
deal, which calls for a $462 million cash payment, impacts all mortgages serviced by GMAC Mortgage LLC on behalf of Fannie as of June 30." My take on this is that Ally settled with the investors (pension, insurance, & money
market funds) for less than 1 cent on the dollar! Where did the other 99cents
go? It was stolen, that's where it went! Who replaced this stolen cash to
prevent the funds from going bankrupt? Answer: The US government with
TARP funds and the Fed by "quantitative easing" ie replenish the funds accounts with freshly created cash.
How could this have happened? I have said it before in this blog. The
originators (some using phony names) sold the same Note multiple times to
different investors in these Note pools. They made such rediculous loans because they could care less if the borrower ever paid it back. Their objective was to rob the savings accounts of Americans and move the cash
offshore where they most likely converted it to gold bullion so it couldn't be
traced. It was the biggest heist in world history! It was organized by certain
elements on Wall Street and shipped to a certain foreign Nation.
The servicing rights (read foreclosing rights) to these Ponzi loans was
sold to the servicers for a pittance. The real profit for the servicers is in
getting a "free house" each time they foreclose, since they have no equity
in it. But they have a big problem, THEY DON'T REALLY OWN THE LOANS!
Therefore, they have no choice but to fabricate, forge and counterfeit docu-
ments in order to push the foreclosures through. This is why if you examine
let's say a hundred foreclosure files at random, at least 75% contain forged,
counterfeit or phony documents. The foreclosure mill attorneys are given the task of proving the unprovable so they must "improvise" to sneak it past the Judge.
Up until now, the Judges trusted them but with all the brouhaha about phony documents, some are starting to see the "big picture". MERS was invented to hold the Mortgage Deed for the multiple investors who own a COUNTERFEIT NOTE corresponding to that mortgage deed. It prevents the investors from realizing that more than one investor THINKS he/she owns the one and only Note on a specific property.
This is why a Quiet Title action will be a powerful weapon capable of putting the "pretender lenders" out of business. When sued in a Quiet Title
the "dead originator", MERS and the servicer will not be able to prove they own the loan! The next question to the servicer will be, "if you don't own the loan, who does? And where have my payments been going? The answer must be that the servicers have been banking and keeping the borrowers payments. Which leaves them open to a further lawsuit for theft of funds from the homeowner. This is why they usually default and you never hear from them again
. AMERICA, LIBERATE YOURSELF. BREAK THE CHAINS OF FINACIAL SLAVERY AND TAKE BACK YOUR COUNTRY. QUIET TITLE NOW!