9 Step Mortgage Process Disclosed

Posted on: July 21st, 2012 by David Young No Comments

There are nine steps to a mortgage loan and payoff. Some mortgages are, about 99%, questionable and have been initiated, bundled, securitized, and sold by your lender or bank. The questionable activity is when you gave your lender a loan… when you signed your promissory note and did not know that you actually gave the loan to your lender first and the lender gave it back to you as a loan to avoid Federal Income Taxes and to steal your money. This is how your lender got the FREE money to loan you, because by Federal Banking Law, neither the bank nor lender can loan you any of their money, assets, depositors’ account money, or credit.

Is your mortgage loan that you are paying QUESTIONABLE?

Did you know that you loaned your mortgage lender the money to loan you back? Do you know that you can get your questionable mortgage removed in 120 days or less, because of the fraud that your lender may have perpetrated upon you at the lender’s secret, second closing that you were not invited to… and for good reason?

The reason is because your lender changed your promissory note into a deposit of money or check and entered your deposit into their bank checking account just as the below steps of a mortgage explain.

The following 9 steps are to a questionable mortgage which most of you are a Victim of:

1. You sign a Promissory NOTE and mortgage papers, including the Deed of Trust, and what you think is a loan from your lender to pay for your house at closing, most times without a Notary being Present to witness and Notarize your signature as per Federal and State Law, you get the keys to your new home, and on the 2nd month, you start paying principal and interest on your new home to the Lender. (This activity is QUESTIONABLE, the day you make your first Principal and Interest payment!)

2. Two to three days after your closing, the Lender/Bank closes, Stamping an Allonge that says “Pay to the deposit or order of, WITHOUT RECOURSE, Bank or Lender Name and is signed; thus, changing your Promissory Note to a check to deposit without your knowledge or consent, (Concealment) and altering your Note against UCC § 3-407(a) ALTERATION of security instrument. Alteration means (i) an unauthorized change in an instrument or promissory note that purports to modify in any respect the obligation of a party, or (ii) an <b>unauthorized addition of words</b> or numbers or other change to an incomplete instrument relating to the obligation of a party. [IS THIS QUESTIONABLE?]

3. A copy of the note with or without the allonge is created before it is cashed or deposited and the new check goes into a new bank account under your name in all capital letters in the U.S. Treasury, and is NEVER RECORDED against State and Federal Law. (You just loaned the Bank/Lender the exact amount of your new home mortgage loan WITHOUT your knowledge or consent.) [IS THIS QUESTIONABLE?]

4. The Bank/Lender’s ASSETS just INCREASED by your alleged mortgage loan amount without the Lender loaning you any of their assets or money, nor the depositors’ money for your mortgage. These mortgage loans are against Generally Accepted Accounting Principal, GAAP; Uniform Commercial Code, UCC; State, Federal and WORLD LAW.) [IS THIS QUESTIONABLE?]

5. For every $100,000.00 you paid for your house, the Bank/Lender receives $900,000.00 as a loan from the private corporation, the US Federal Reserve at a .0002% interest rate; thus increasing Bank/Lender’s Assets again by another $900,000.00 for the same mortgage. The Federal Reserve, as you know, is the private corporation that prints all your Federal Reserve NOTES, a debt instrument, as worthless $1.00 bill note and all the other nominations of notes. This should give you a hint about your Promissory Note being turned into money by your Lender. Now your note is GONE and the lender does not have it any longer, because the bank put it into a Trust, a Mortgage Backed Security Trust, and is being sold numerous times on the stock exchange. Your note is separated from your Deed of Trust or Mortgage against Federal Law and the bank uses this counterfeit copy of the note with the allonge as the real thing to foreclose on your home! (IS THIS QUESTIONABLE?)

6. The Bank/Lender writes a check out of the $1,000,000.00 deposit to pay off the old mortgage and previous owner if there is equity. No money or assets changes hands or is given to another party. Your lender just created money out of thin air with an ALLONGE Stamp and maybe a false signature!

7. Within 3 months, Bank/Lender assigns, transfers, sells your mortgage to another bank/Lender or group of investors for a healthy 150% to 400% profit. 99 times out of 100 this assignment is not recorded at your local court recorder’s office against the State and Federal Real Estate Mortgage and property Law. Check your clerk of court to see if your note or assignment of mortgage is recorded. You may find that it is not and you’re paying your mortgage payments to a bank that is not authorized to receive payments called a Servicer, a Third Party Debt Collector for the investor or Trust.

8. The U.S. Supreme Court Case at <b>CARPTENTER V. LONGAN, 83 U.S. 271 (1872) </b> says that the Promissory Note and the Mortgage (Deed of Trust) are inseparable. This means one cannot be assigned or sold without the other one attached and this law is still on the books. Yet banks separate them all the time through Securitization. The way to prove this illegal tactic is to get a Securitization Audit done on your property. Day Global LLC can advise you on how to get and who has the best audit service that will stand up in any State or Federal court.

9. When your Deed of Trust or Mortgage is assigned or sold separately, you are then informed to send your payments to another bank or the same bank as the loan Servicer of your mortgage loan, sometimes several times.

A. You continue paying for 30 years until you pay the full principal and interest illegally and own your home. OR

B. You sell the house, hopefully for a profit that is not really a profit due to the Principal Interest you have already paid. OR

C. You cannot make the payments and your home goes into Foreclosure or is sold in a Short Sale; either way your credit is ruined, you lose your home, and that entire questionable principal and interest you paid flies out the window. OR

D. You get your illegal mortgage REMOVED with our help at www.1RealEstatehomes.com and OWN YOUR HOME FREE AND CLEAR without waiting 30 years or losing your home AND NO MORE MONTHLY PAYMENTS!

These are the nine steps that you are taking as Gospel and thinking that your lender actually loaned you the money for your home. Don’t be deceived anymore and take back what you have already paid for when you gave your lender the money value, the loan by signing your debt signature and giving your good credit, and your fraudulent lender gave your new loan back to you in the form of a loan.

Your lender did this, because your lender could not loan their money or assets, they could not loan their depositors’ money and they could not loan you their credit against Federal Banking Laws of which court cases across the United States have upheld.

By giving you a loan in the place of giving your home back to you, your lender did not have to pay Federal Income Taxes! Did you know any of this? Are you going to fight back or are you going to remain silent and let the banks take you home? I know I HAVE NOT REMAINED SILENT, ARE YOU!!!?

Go to www.1RealEstatehomes.com and take action to own your home FREE and Clear today!

 

David Young

NOTE: We stress that we are neither lawyers, attorneys nor accountants and do not give legal nor accounting advice. We help home owners that have mortgage or foreclosure problems. When you are in foreclosure and going to lose your home if you do not take action or stuck with an underwater negative value home, we pull no punches helping you with mortgage Relief. E-Mail ASecretToMoney@gmail.com Phone: 850-826-1662 Address: 111 Mohawk Trail #7, Crestview, Florida 32536-5570

More Posts - Website

Follow Me:
TwitterFacebookLinkedInGoogle PlusYouTube

Mortgage Education Courses And Lien Removal
Crestview Florida CrestviewFL80302 USA 
 • 805-826-1662

Related Articles:

STOP Paying YOUR mortgage: Step-By-Step Mortgage Manual
SAVE YOUR HOME FROM MORTGAGE FORECLOSURE NOW
Mortgage Procedure Terminates Home Mortgage Lien - Home Mortgage Process Education
Bank of America, Syncora Settles Mortgage Fraud Lawsuit


Tags: , , , , , ,





Sign Up For Our News Letter Below

Enter your email address:

Delivered by FeedBurner