Posts Tagged ‘Keep my home’

New MERS Mortgage Settlement Impacts Borrowers Nationwide

Posted on: July 24th, 2012 by David Young No Comments

This Settlement will Impact Banks and Borrowers Nationwide

Perhaps the most convoluted and unresolved issue created by the mortgage meltdown concerns not mortgage rates or amortization, but the central question of who owns your mortgage and where it can be found.

The state of Delaware recently settled a lawsuit with Merscorp Holdings Inc., who operates the Mortgage Electronic Registration System (MERS). The agreement sparked a deal that is likely to spread nationwide.

MERS, according to the settlement agreement, was created to “to speed up and reduce the cost of the securitization process by bypassing county Recorders of Deeds offices throughout America. With little to no oversight of MERS’ practices, MERS did not meaningfully audit its records and failed to enforce its own rules governing members’ conduct. MERS was thus a key player contributing to the lack of transparency in the foreclosure tidal wave…”

In other words, one purpose of the system was to avoid the recordation fees required in most jurisdictions when a mortgage is bought or sold.

“Lenders save at least $25 for every new loan they register on the MERS System,” said MERS executive Carson Mullen in 2007. “Since the beginning, MERS has saved the mortgage industry over $1 billion in unnecessary costs.”


Under the settlement with Delaware Attorney General Beau Biden, MERS will now have to make a series of changes that will allow borrowers to identify their loan owner–an important matter when it comes to mortgage modifications and foreclosure.

Five Important Aaspects of the Settlement

The Delaware agreement outlines five major points:

  • #1 MERS members will be required to record mortgage assignments with the county Recorder of Deeds Office before a foreclosure can proceed
  • #2 MERS will not foreclose in its name for the next five years in Delaware. This reform may become permanent if the Delaware legislature approves
  • #3 MERS will create an online and toll-free system so that homeowners can easily see who owns and services their mortgage
  • #4 MERS records will be audited and errors will be fixed
  • #5 MERS will be required to annually examine documents “signed by employees of its 25 largest members to check the identity and authority of the person who signed the documents.” In other words, no more robo-signing

“Every homeowner should be able to find out who owns their mortgage, not just the company hired to collect payments,” Biden said. “The MERS System functioned to obscure this important information.”

The Biden agreement only applies to Delaware–but obviously it will become the model for all states because there is no reason why only borrowers in Delaware should know who owns their loans. The requirement to record transactions with local property record offices will make it easy to check title data as well as bring in cash to local governments–recordation fees that should always have been paid.

The only tragedy of the Biden agreement is that it was not in effect a decade ago. It would have gone a long way to preventing robo-signing, foreclosure delays and wrongful foreclosures–just a few results associated with the mortgage meltdown.

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 Address: David Allen Young, Sui Juris Private c/o United States Post Office 305 E. Yager Lane, Suite 423, Rural Route 78753 Austin, Texas Republic Non-Domestic WITHOUT THE UNITED STATES

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SAVE YOUR HOME FROM MORTGAGE FORECLOSURE NOW

Posted on: July 22nd, 2012 by David Young No Comments

Save Home – Save Home can get your house Free and Clear of your first mortgage lien in any State, even if you’re facing home foreclosure or are underwater.

ARE YOU LOOKING FOR A WAY TO SAVE YOUR HOME FROM MORTGAGE FORECLOSURE?

Just imagine if you could Save Your Home and have no more mortgage payments, prevent foreclosure, and just pay you property taxes and your home insurance would be optional since you would own your home free and clear.
Now you can…

100s of home owners have Saved their Home using this 3 step method. YOU TOO can SAVE HOME, STOP Foreclosure, Legally STOP Making Mortgage Payments, and Own YOUR Home FREE and CLEAR.

How Would YOU Like To:

  • Immediately SAVE Your Home, STOP or Prevent Foreclosure, and Continue Living in Your Home for FREE!
  • Lawfully Remove Your Lender’s Lien from Your Property, and Own Your Home and Property FREE and CLEAR!
  • Save Your Home By Satisfying Your Home Mortgage Loan Without Paying Your Lender a Dime, and Own Your Home and property FREE and CLEAR!
  • Legally STOP Making Your Home Mortgage Payments Forever, and Own YOUR Home and Property FREE and CLEAR from your lender’s mortgage lien!

Forget Home Mortgage Loan Modifications and Short Sales that ruin your credit!

This is 100 Times BETTER!

Owe More Money on Your Home Than What Your Property is Worth?

We Fix that too with our Save Your Home and prevent foreclosure method. As you know, American home owners are losing their homes in record numbers.

The good news is that our Proven 3 Phase Process will show You exactly how YOU too can easily SAVE YOUR HOME and do away with your mortgage, even if you owe more than what your home is worth.

The Truth is, You’ve been Lied to and are being Ripped Off by Your Lender!

Save Your Home, stop foreclosure, and get your home and property free and clear is a Federal law upheld in many courts across the Nation.

Your mortgage lender is relying on you to be Ignorant, Lazy, Afraid, and to simply do NOTHING, so they can take your home in foreclosure or make you pay 3 times the amount of your original mortgage loan.

Here are the Dirty Little Secrets that your mortgage lender does NOT want you to know to Save any Home…

Your mortgage lender has conned and lied to you! Lenders do NOT keep their mortgage notes, but instead they sell them through “fractionalized” mortgage-backed securities to mostly Wall Street investors, You know the ones with your BAIL OUT MONEY!.

(“fractionalized” means the note was destroyed by the Federal Security Law when it was sold into a Trust and divided into hundreds of pieces, repackaged, and then sold to Investors with thousands of members receiving a small share of the converted stock or bond certificate without your knowledge or concent.)

This means that NO one person or entity actually owns the note! Which means that NO one person or entity can LEGALLY foreclose on your home or property if you have the knowledge and evidence we give you and fight back to protect your home!

Read that again… NO one person or entity can LEGALLY foreclose on YOUR property, because they (your lender) does not actually have a LEGAL claim to your note and mortgage anymore, because it was put into a Trust with illegal securitization, turned into a certificate, fractionalized, sold again to investors, which is now an illegal lien on your home from your original lender or your pretender lender.

We show you EXACTLY how to remove the illegal mortgage lien and how to STOP a home foreclosure, enabling you to automatically OWN YOUR HOME FREE AND CLEAR!
There’s more…

Remember, your original mortgage lender sold their mortgage-backed securities to investors, and immediately made a profit!

But when the mortgage and real estate markets began to collapse in 2006, more and more borrowers started to fall into foreclosure, and as more and more foreclosures started happening. It was a disaster to the banking industry, which was the lender’s own fault for trying to perpetrate the fraud, and now pulling off one of the biggest scams in the history of this country!

The mortgage bankers then went to congress and said, “Please bail us out. If you don’t, we’ll go out of business and this will lead to the collapse of the financial system”.

So congress thought they had no other choice than to immediately implement the one trillion dollar bail out using YOUR tax money.

So what actually happened? It means, that the bank was PAID in full for all the mortgages outstanding from an act of congress, even though the bank already made a huge profit when they sold their mortgage-backed securities to investors.

Yes. The lenders were paid AGAIN using YOUR MONEY for the same supposed NOTE and MORTGAGE loan! LOAN!!!!????? The banks nor lender invested or spent a penny, because your debt signature and good credit funded your loan that you freely gave to the bank so they could loan it back to you as a loan. This is confusing, isn’t it???

STOP! There’s even more…

The banks and lenders are being paid a 3rd time, this time with interest, by YOU, when you make your mortgage payments! So your lender has already made huge profits from your loan, at least twice, and now they are foreclosing on your home or won’t reduce your note to the fair value of your home? Right?

Does that sound fair to you? WELL IT’S NOT!

We can provide you with a Legal and Lawful, Very Simple, 3 Phase Process that may allow you to STOP lenders dead in their tracks if they’re trying to foreclose on your home, or ANY property for that matter, enabling you to own your home FREE and CLEAR, by LEGALLY satisfying your loan, WITHOUT PAYING THEM A DIME!

Do You need to Prevent Foreclosure To Save Your Home?

Our Proven, Simple 3 Phase Process can EASILY help prevent your foreclosure!

If you are already in Foreclosure, then You MUST Stop The Foreclosure Process Right Away! YOU may be able to, VERY EASILY, accomplish this using the (fill in the blank) Stop Your Foreclosure Letter that is included in Your Save Home Package. This letter may IMMEDIATELY STOP Your Foreclosure, citing precedent setting cases that should ensure positive results.

Is Save Your Home REALLY that SIMPLE?

YES it REALLY is!

Although the information and court evidence we provide you have been a fiercely guarded secret by the bank and legal community, now ANYONE, yes even YOU, can do this using our Proven, Simple 3 Phase Process.

This is a Legal and Lawful Process that 100s of home owners have successfully used all over the country to Stop Foreclosures, Remove The Mortgage Lien, and Own Their Home FREE and CLEAR, and NOW SO CAN YOU!

They just simply followed our Proven 3 Phase Process.

YES, ANYONE CAN EASILY DO THIS… INCLUDING YOU! Right from the comfort of your own home.

Don’t waste YOUR time trying to get a Lender Loan Modification, or Short Sale, because you’ll need your bank’s approval.

Do YOU know anyone that has ever gotten a permanent loan modification or short sale? This is 100 Times BETTER and it WORKS!

Here’s EVERYTHING that’s included in our PROVEN 3 Phase Process Save Your Home Package

As soon as You start reading through the step-by-step manual you’ll be equipped with the Proven knowledge, tools, and information needed to Save Your Home! You will go from desperation and hopelessness to being fully confident knowing that You have everything that You need to Save Your Home.

By Simply Following a PROVEN 3 Phase Process, You can SAVE YOUR HOME!

If you are current with your mortgage payments, in Foreclosure, or owe more on your home than what it is worth, then why are you allowing your lender to keep Ripping You Off, when YOU NO LONGER HAVE TO and SAVE YOUR HOME YOURSELF?

What would YOU do with ALL THAT EXTRA MONEY if YOU could Legally STOP Paying YOUR mortgage and own YOUR HOME FREE and CLEAR?

But MOST Importantly…

What are YOU going to do when YOU Lose Your Home to Foreclosure or keep making those monthly mortgage payments when you are bearly making ends meet, and not be able to Save Your Home?

If you’re here reading this, then you are either in foreclosure, or you owe more money on your home than what it’s worth. Are we right?

If you’re in foreclosure, it’s only a matter of time before YOU WILL LOSE YOUR HOME! What will you do then? Impose on your family or friends and try to move in with them? Try to move into an apartment? That will be nearly impossible, because of your bad credit! Become homeless?

YOU had better start facing reality, because if you do NOTHING, your lender will be taking YOUR HOME, and that’s what you’ll deserve. It’s ONLY a matter of time!

BUT, there’s NO REASON TO RUIN YOUR LIFE OR CREDIT, because when You follow our Simple 3 Phase Process the sheriff won’t be coming to your home and throwing you out on the street. You won’t even have to move!

You’ll receive EVERYTHING that YOU need to STOP Foreclosure and SAVE YOUR HOME, Remove the Illegal Lender’s Mortgage Lien on Your home and Property, and Satisfy Your Loan Without Paying Your Lender another dime, enabling You to Own Your Home FREE and CLEAR… GUARANTEED!

Please note that you don’t have to be in foreclosure to benefit from our Proven Process, and it will work on ANY mortgage loan! You just have to be persistant and follow through.

If You’re looking for a Proven Process to Save Home[s] that actually works…YOU FOUND IT!

The Home Saver Information About The Bank’s Fraud Has Been Featured On Fox News Channel, CNBC, the Conspiracy Theory, just to name a few.

So, how much would you expect to pay for this Powerful Information, that has already saved 1000s of people’s homes?

Well, an attorney will charge you $9,000 – $20,000, possibly more with no guarantee of anything except getting more money from you! We could easily get $4,000 for this information, including a Securitization Audit that gives you court evidence to save your home, but we want to make sure that this information is affordable to EVERYONE that needs it, so we are offering the complete Proven, SAVE HOME Home Saver Package for ONLY $4,000 that can be in 2 or 3 equal monthly payments!

BUT, don’t let our LOW PRICE fool you, because this POWERFUL information works, and when it is followed, it WILL SAVE any HOME!

Isn’t that ALL worth ONLY $4,000 to YOU in order to save a hundred thousand or more?

Just think…for ONLY $4,000 YOU CAN SAVE YOUR HOME BY DOING-IT-YOURSELF, DIY!

Or we can process all the forms, including a Securitization Audit, to help you Save Your Home in any City or State in the United States of America.

You may be able to STOP a foreclosure, remove the mortgage lien from your property, PLUS sve your credit rating WITHOUT Paying Your Lender A Dime in interest, enabling you to own YOUR home FREE and CLEAR!

Now just imagine how You’ll feel when you’re sitting in Your home that You now own Free and Clear with no more mortgage payments!

We think you’ll agree that we should be charging a lot more for this information!

This Offer is RISK FREE!

YOU Have Absolutely NOTHING To Lose Except YOUR Mortgage Lien Or Debt!

The Money You’ll Save In Your Home Is Yours, Free & Clear with no more lender mortgage involved after you Save Home when you do it yourself or have us process your information.

The Choice is Now YOURS…

Do YOU Want to Legally Own YOUR Home FREE and CLEAR, or are YOU just going to allow your lender to continue to commit the largest crime in US History and keep RIPPING YOU OFF, or even worse, STEAL YOUR HOME?

What YOUR lender is doing to YOU is Fraud and a Crime! Are YOU going to let them get away with it?

It’s YOUR HOME… Don’t YOU Want to SAVE IT?

Just remember, when the Sheriff shows up at your door to throw you out, you had this chance to
SAVE YOUR HOME!

Once You Make Your Purchase, We’ll also contact you by email to make sure you receive your Home Saver Package.

Call us for further information or questions at [850] 826-1662

Contact Us Below To Get your Step-By-Step

Mortgage Manual Today!

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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 Address: David Allen Young, Sui Juris Private c/o United States Post Office 305 E. Yager Lane, Suite 423, Rural Route 78753 Austin, Texas Republic Non-Domestic WITHOUT THE UNITED STATES

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Related Articles:

Keep Your home from foreclosure: Legally STOP Making Mortgage Payments
Secrets Your Mortgage Lender WONT TELL YOU!
STOP Paying YOUR mortgage: Step-By-Step Mortgage Manual
New MERS Mortgage Settlement Impacts Borrowers Nationwide

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 Address: David Allen Young, Sui Juris Private c/o United States Post Office 305 E. Yager Lane, Suite 423, Rural Route 78753 Austin, Texas Republic Non-Domestic WITHOUT THE UNITED STATES

More Posts - Website

Follow Me:
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Related Articles:

Keep Your home from foreclosure: Legally STOP Making Mortgage Payments
Foreclosure Short Sale Home Owner Analysis Checklist
Mortgage Procedure Terminates Home Mortgage Lien - Home Mortgage Process Education
New MERS Mortgage Settlement Impacts Borrowers Nationwide

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