SOMETHING WICKED THIS WAY COMES, WALL STREET IS UP TO SOMETHING CONCERNING OUR HOMES AND I DON'T THINK WE ARE GOING TO LIKE IT: MORTGAGE FRAUD

"I've got to keep in some sort of touch with all the loose ends of this dizzy affair if I'm ever gonna make heads or tails of it."

                                                       Sam Spade

Republished by Danny Hammond

mtgfrd.info@gmail.com

Yes! Something is up in Wall Street Land.  I, and dozens of Mortgage Fraud experts have been expecting a very large spike in foreclosures.  There are a lot of judicial and non-judicial foreclosures going on as I speak.  

I haven't tried to confirm if they are mostly non-conforming loans which doesn't mean that the people have a bad loan.  Non-Conforming Loans simply don't conform to Fannie Mae and Freddie Mac's rules and conditions.  

My requests for help from Borrowers are much higher than I have had at any time.   And this is really my point.  We seem to have as many as four vaccines that have completed testing and are ready for approval.  By the end of December mass vaccinations will begin and all hell is going to break loose when all of the frozen foreclosures thaw out at the same time.   If you are one of the millions who have been waiting and hoping for the miracle that government will continue the freeze don't wait any longer.  It is the government's entities that have been held up and nothing is going to stop the tsunami of foreclosures that will follow when they are cut loose.

(Here I think that some confusing terms need clarification.  This is true for home loans in general, the confusing terms come from the old common law which was in place for hundreds of years before being clarified in the Uniform Commercial Code.  For this article let's go through the synonyms that sound different but are actually interchangeable.

[The Borrower is the]                                  [The Lender, Foreclosing Party, Servicer, ]

Mortgagor                                                    Mortgagee

Obligor                                                        Obligee

Issuer                                                           Issuee

Grantor                                                       Grantee

The differences here are minor, but all of them mean it was the Borrower that created the flow of funds to the home loan by signing the original Promissory Note and the collateral instrument (mortgage or Deed of Trust) over to the actual Lender or Holder in Due Course using his or her signature.

FHA, Hud, FHFA, FNMA, and Freddie are all unable to have their servicers or correspondents foreclose on government conforming loans which are the vast majority of loans due to a government moratorium on foreclosures due to the Covid-19 pandemic.  This brings up a lot of bad things for a lot of American citizens.  You are in foreclosure due to fraud that the government could easily fix by making all judges run their courts as directed by Article III of the constitution.  So, the government puts no one in jail and our courts give our homes to funny-sounding parties, such as one I saw today "PLANET MORTGAGE" which has no right to foreclose.  I have never seen a foreclosing party in any state even try to meet the Constitutional, Irreducible, Minimum Requirements of Article III STANDING.

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MORTGAGE FRAUD: THERE IS NO MAGIC BULLET, TRICKY ANGLE, NOR AN "AHA!" MOMENT. THE REMEDY WAS EMBEDDED IN THE CONSTITUTION BY THE BRILLIANT ANCIENTS

"The essence of Government is power; and power, lodged as it must be in human hands, will ever be liable to abuse." 

                        James Madison

by Danny Hammond

I just got an email from a reader who was asking me once again, to tell him the best way to prove that a foreclosing party was not a "party in interest".  I am working on turning in a federal lawsuit against a federal lawsuit next week.  I have answered this question a thousand times (gross exaggeration).  The answer is always the same.  A borrower never has the burden of proof.  It is the foreclosing party and the judge of the court that have that burden.  Borrowers don't try to find your Promissory Note, it is the foreclosing party that does not have that note.  Why would you help them?  Make the court run the case as was directed in Article III of the constitution. That answer can be found in multiple places in this blog.  But, I had a different answer to the problem.  Read it below.

Richard, I have been preaching the same thing for a year and a half.  The laws cannot vary from state to state. The vast majority of judges are not even aware of the laws that remove their immunity due to actions of their own.  

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