Homeowners think that, because the Lender had them sign the note and mortgage, which they did, that they must pay that mortgage or go into foreclosure and lose their property.
By the way, this isn’t necessarily true, but as long as you continue to BELIEVE that it’s true, then it will become your reality.
Because you’re so convinced that you’re going to lose your home or property if you don’t pay, you don’t understand that the mortgage and note were under false pretense and without proper disclosure under TILA. This is why your lender did not give you a chance to read all the closing paperwork before or during the closing? In fact, there was no meeting of the minds under contract law.
Your lender did not disclose that they were going to sell your mortgage and note for more than the face value, did they?
Did your lender inform you that they were going to turn your note into a check and cash it to get nine times the amount of your note through your unknown Treasury Account?
Your lender did not inform you that they were going to securitize your note and mortgage to get multiple payments? Your lender did not let you know that they were going to sell your note and/or mortgage into a commercial trust and convert your note security under UCC Article 3 into a stock or bond certificate under UCC Article 8 and then electronically convert your mortgage loan into counterfeit copies and sell these copies to investors under UCC Article 9?
Your note under UCC article 3 is like a check that has to be endorsed and cashed so the Lender gets paid in full as per the mortgage contract. When the Lender sells your note and mortgage, the Lender has gotten paid in full and completes the mortgage contract. At this time, the Lender is supposed to reconvey or release the note and mortgage back to you, the borrower, as stated under the RELEASE or RECONVEYANCE paragraph of your mortgage or deed of trust. This is where the Lender, servicer, trustee, investor and certificate holders get the homeowner and induces fraud.
Under UCC Article 8, when your note and mortgage is sold into the Trust, they are “CONVERTED” into a stock or bond certificate and are broken down so a part of the certificate is sold to thousands of investors under the pooling and servicing agreement, PSA. It is like selling the title of your car to a hundred people, but none of them owns your vehicle which is illegal.
At the same time, your note and mortgage and all the closing paperwork is electronically processed under UCC Article 9 and becomes intangible which means that the Trustee is selling a stripped of value payment obligation note that is a worthless piece of paper. Under this UCC article, it is illegal to sell the intangible, because no one informs the certificate holders that the mortgage note has been stripped of value and that nothing, except the mortgage, has been recorded in the local, county or parish, court recorder office under local and State Statutes.
Each time your note and mortgage are sold, there must be an assignment, and receipt of true sales recorded locally. Therefore, you should sue your Lender, Servicing Bank, Trustee from the Trust, and Investor for the questionable mortgage loan.
There is a website where you can learn about the UCC Articles 3, 8, and 9 and take control of your financial future. This web site can help you with the proper legal evidence and special procedure to get your mortgage lien released for a free and clear home or commercial property.
Don’t Wait! Confront the bank crooks in court and have a 97% chance of winning and find the answers and solution to your mortgage problems at www.1RealEstateHomes.com now
Tags: Cancel Your Mortgage, Foreclosure, free and clear mortgage, homeowners mortgage, Keep Your home, mortgage, Mortgage Advice, Mortgage Lender Secrets, mortgage news, no mortgage payments, Prevent Foreclosure, prevent home foreclosure