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Sunday, February 2, 2025

US Bank, Its Trust Department, Or Its Meddling Henchmen Have Been Showing Up In 75% Of All Of Our Foreclosure Cases In The Last Few Years. Are They A Criminal Operation?

 Yes, They Are a Criminal Organization.

 "Venal and evil men are destroying the world you were born in. It's us against them, my good friend. Don't compromise your principle  or abandon your cause." 
                                                                                             
                                                                                                 Major General John Bell Hood CSA


US Bank's own Trust Department Brochure is a bombshell revelation.  It says that a Corporate Trustee has no authority or ability to participate in any Real Estate Foreclosures

In the battle to defend your home from wrongful foreclosure, homeowners often find themselves up against big names like U.S. Bank, Deutsche Bank, or Bank of New York Mellon. These “trustees” appear on foreclosure documents, often leading homeowners to believe these institutions are actively managing their loans and directly pulling the strings in the foreclosure process. But here’s the truth: *They’re not*.

We have been using a US Bank Trust Department marketing brochure for years that makes their role as a loan trustee or a mortgage-backed security trustee (the word trustee has many meaning in foreclosures. This confuses Borrowers and it is intentional.  But, the marketing brochure put out by the US Bank Trust Department makes what "CAN'T HAPPEN" crystal clear. It’s like hearing from the horse’s mouth that the supposed power these trustees hold over your mortgage is largely a facade. This document exposes a shocking reality that many homeowners – and even their attorneys – don’t fully understand. Let’s break it down.

In U.S. Bank’s own words, as a trustee for Mortgage-Backed Securities (MBS), they perform a narrow set of duties:

– They hold an interest in mortgage loans for the benefit of investors.

– They collect payments from the servicer and distribute them to the investors.

– They do not initiate foreclosures.

– They do not manage or maintain properties in foreclosure.

– They do not approve loan modifications.

– They do not oversee or direct the actions of mortgage servicers.

So, what does this mean for homeowners fighting foreclosure? U.S. Bank's Trustees (and Trustees Like Them) Will Always Lack Standing to Foreclose.  It is not the Borrower's burden to try to prove the foreclosure attempt is fraudulent.  That is the terrible misunderstanding that all of us have been under since the very beginning.

The Borrower's only burden is to deny that they are in default with anyone trying to clollect money from them by foreclosing.   

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