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Do you know..your house can be stolen with a pencil and a pretty decent copy machine?

Wednesday, August 14, 2013

emoticon More bad news on top of years of bad news! emoticon emoticon

We were SO hopeful that this last modification effort would work out for us...but how could it with a bank that fronts itself as such when in reality it's nothing but a collection agency with 80% of its employees outsourced in Indonesia and India?

Yep...help is mighty cheap there. OcWen buys up troubled assets and has doubled it's earnings in recent years. Servicer's make MUCH more money on foreclosures than they do on performing loans. So they have absolutely NO inducement whatsoever to work with struggling homeowners. Greed has reared it's ugly head once again! emoticon

In FACT...an article just recently released in Salon.com says it SO well with their headline...Your Mortgage Documents are FAKE!

This is about the mass fabrication of mortgage documents in state courts by banks attempting to foreclose on homeowners.

Why DID they do it.... we all ask? Was it just cheaper to mock up documents than provide the real ones? Did the banks think they simply had enough power over regulators, politicians and the courts to get away with it....looks like they were right on that one!

A newly unsealed lawsuit which banks settled in 2012 for 95 million actually tells the REAL reason.

That lawsuit states that banks resorted to fake docs because they could NOT legally establish true ownership of the loans when trying to foreclose.

This reality which banks didn't contest...because they couldn't but instead settled out of court with the government's help...means that tens of MILLIONS of mortgages in Americas STILL lack a legitimate chain of ownership that could have implications far into the future...late or NOT late on your payments!

In 2011 a lawsuit was filed in US District Court in both North and South Carolina by a white-collar fraud specialist named Lynn Szymoniak on half of the federal government, 17 states and 3 cities. Twenty eight banks, mortgage services and doc processing companies are named in the lawsuit (our servicer Homecomings/GMAC/Ally was one of them...this is ALL the same company...they just change their names when they get in trouble and jump right back in to biz as usual!)

Lynn fell into foreclosure herself in 2009, researched her own mortgage doc and found massive fraud. She pieced together thousands of docs, enough to piece together the entire scheme.

The article goes on to explain that your mortgage has 2 parts...the promissory note (IOU from borrowerer to lender) and the mortgage which creates the lien on the house in case of default.

During the housing bubble, banks bought loans from originators, and then enacted a series of transactions that would pool thousands of mortgages into bonds, sold all over the world, to public pension funds, state and municipal governments, and other investors. A trustee would pool the loans and sell the securities to investors, and the investors would get an annual percentage yield on their money.

In order for this to work (securitization) banks purchasing the mortgages had to physically convey the promissory note and the mortgage into the trust. The note had to be endorsed like an individual would endorse a check and handed over to the document custodian for the trust with a 'mortgage assignment' confirming the transfer of ownership. This had to be done before a 90-day cutoff date with no grace period beyond that.

Lynn's lawsuit contends that these notes, as well as the mortgage assignments were NEVER delivered to the mortgage backed securities trusts...and that the trustees LIED to the SEC and investors about this. As a result the trusts could NOT establish ownership of the loan when they went to foreclose forcing the production of robo-signed and fraud riddled fake documents! emoticon

All of the foreclosure mill attorneys saw this as a most EXCELLENT pay day for them and cranked out false documents 24/7...Attorney David J. Stern..one of the most infamous worked on our foreclosure action. It had a robo signed affidavit and worse yet another robo-signed Assignment placed into land records AFTER the bank served foreclosure on us...two hard working people that THOUGHT they were saving their home!

This is called dual tracking...telling the homeowner they are working with them to save their home...but lying to them and moving the house into foreclosure even as they are taking payments.had already decided to stop taking our 10 months of monthly trial modification payments all along.

Once they had their crooked ducks in a row with their bogus documents (and it took them 10 months) to get them together...they just refused that current months payment and said...HEY idiots...you are OUT! emoticon

They made one crucial error though in their haste and their paperwork log jam...they placed the fraudulent robo-signed Assignment of mortgage into land records a full FOUR years AFTER the mortgage was closed AND even AFTER they had already served us with the foreclosure action! emoticon If THIS doesn't prove they were covering their malicious A** I don't know what would.

Now Lynn Szymoniak...God bless her crusading soul was a VERY smart little woman. She was asking for a trial by jury...exactly what I've been saying SHOULD happen on every single defended foreclosure in the country. This is because if our fellow homeowners were subjected to the crimes that have been rained down on their neighbors (I'm talking about the ones who made EVERY effort to keep paying their payments and save their homes...but the banks made that impossible) this whole cover up would have NEVER happened and it certainly wouldn't STILL be going on some FIVE years later!

But...the government...knowing what a powder keg this would be intervened in the case and settled part of it in 2012 getting 95 million from the five biggest banks in the suit. But the underlying evidence was never revealed until the case was unsealed recently.

They probably thought this S***storm would long be over within a year. NOT! emoticon

Lynn (heaven bless her soul) won 18 million and I'm sure that was intended to be 'shush money' but instead she opened up a non profit called Housing Justice Foundation.

This does my heart good when I see a crusader who just will NOT lay down! I'll be contacting her later today. I honestly and truly KNOW that these greed mongers are doing their BEST to steal our beautiful home with a pencil and a pretty decent copy machine!

Here's the rest of the Home Tour:

Here's our sitting room off of the master bedroom. Color scheme of smokey blue and chocolate brown carries through.

These cool leather chairs came from the consignment gallery and I use them for head chairs at a long table when we entertain. they work out great!

I love this old champagne vintage table. The tray lifts off and it has beveled glass insets and has doors that open from both sides. Small and interesting!

I have books EVERY WHERE....here's another of my MANY bookcases. I could start my own library! emoticon Yet another reason...I HATE the thought of being cast out of our house..the whole system SUCKS! If this were you or me that perpetuated this kind of criminal activity our new address would be PRISON STREET USA! emoticon

Here's our master bath. It's large and bright..has a lot of cubed block windows in it. I know those will eventually date the house...but I like them...so that's all that matters right?

Also the curtains are VERY cool! I cut a bamboo stick in half for the two windows then got this cool gauzy fabric (curtain panels) laid it out length ways and folded the top edge down to make a valance of such...used pinch clip rings and strung those over the bamboo cane to become very different and interesting window toppers. I added some cool shell accents and wa~lah....window treatments! emoticon I have this same idea in the leisure room over bamboo blinds. Very simple...inexpensive, different and cool~s~ville! emoticon

A cute little motif over the master tub...I love these jointed little giraffes..I have one here and one in the living room. So much cuteness!

More storage in the loo~

Love the glass block...I'm not the least bit tired of it and we've been in the house 11 years...I guess when you like something...you like it! emoticon

Here's a shot from the sitting room across the atrium into the kitchen. As I've said before a very cool connector that helps traffic flow.

A shot of that cool old secretary that I rehabbed by adding cheetah to jazz it up. This is the hallway coming in from the laundry room from the garage.

Our laundry room...this is one of the few rooms that still has 'builder white' walls...will they stay that way...or will we get to remain in our beloved house so I can paint them. And if I DO paint them...what color? We had the cabinets and the laundry hang bar added.

Here's a little wall art in there to add at least SOME color.

Here's a shot of the hall bath. If this house has ANY flaws...it should have one more powder room bath downstairs. When we have big crowds sometimes the hall bath is busy and people tend to wander into our master bath...I'm not such a big fan of that! Okay...call me a germ~o~phob...I just don't really like people in my personal space in such a personal way..lol! emoticon But you can't very well post "No Trespassing' signs there can you?

Can you? emoticon

Okay here's a shot of the front of the house. I could go on and on...never get tired of talking about this great gift and creation of ours...but enough...really IS enough!

Stay sparky my friends...and keep your fingers and toes crossed for the 'save our home' fight...I'm contacting Lynn today! emoticon What an awesome advocate to have on our side!
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Member Comments About This Blog Post
    Lovely home - love the glass block too! I do hope you get through this and come out smiling and successful! A couple of mortgage companies top my Crap-list, so I hope they were the ones that had to pay out!
    1733 days ago
    lovely home..... keep on fighting and good luck!
    1734 days ago
    A well-written and heart-grabbing blog. Thank you for getting the news out. There are so many ways to rob people with a fountain pen... I had several pro bono clients who were victims of "foreclosure rescue" scams. Desparate homeowners in your situation think the nice "rescuer" is saving them from the bank, but he's just getting the title under the guise of a "rental" agreement (where the property owner retains all the responsibilities of an owner - taxes, insurance, maintenance, etc.) with an impossible to execute buyback clause so he can grab the title and steal the equity the homeowner would have received at the trustee's sale. Evil. What's discouraging is that these cases are SO MUCH WORK to defend; the weight of the system is against the homeowner.

    I know, having worked for government for 12 years, that there are problems with it but having some form of government regulation and enforcement in banking, food production, services to the dependent population and such is MUCH better than leaving industries motivated only by profit to police themselves.

    God bless and I wish you the best in your struggle.

    Ending on a positive note, your bamboo windows in the bathroom are beautiful genius! Thank you for sharing the idea. So much beauty in your home.


    1739 days ago
    You have such a beautiful home! I'm so sorry you had to go through all of this with the foreclosure. I won a lawsuit against a mortgage company, but still lost my home. I hope you win this one for those of us who didn't.
    1741 days ago
  • MAGGIE101857
    Do not give up the fight!!!! Your home is beautiful; worth fighting for!! emoticon
    1741 days ago
  • --DEBY--
    so sorry to hear what you have been going through...

    your home is soooooooooooo beautiful...

    ~BLESSings ~ ALLways ~ Deby
    1742 days ago
    Your home is just beautiful! As I have said before, I love the story that goes with each little decoration you have. That's what makes your house such a warm and loving home. I'm still praying that you are able to win this fight. It shouldn't be a fight in the first place but I'm glad you aren't backing down.

    In my prayers, dear friend! emoticon emoticon emoticon
    1742 days ago
    Just beautiful! You could fit three of my house in there!
    1743 days ago
    Fingers crossed for a good outcome. Good luck with contacting Lynn. I hope she can help. You Have a Beautiful home...thanks for sharing. Such an eye you have for a nice peaceful home.
    1743 days ago
  • DS9KIE
    1744 days ago
    Thank you for sharing your home. It is truly beautiful. I hope this woman can help you with your battle against injustice and greed. Sending positive thoughts your way.
    1744 days ago
    I have GMAC and then they changed to Ocwen for my home and I hope they don't do that to me. They already did not pay $2 on my taxes and I had to pay. I have Ally for my auto and I will never get a loan from them again because I astked for a diferment from them and they would not give it to me when my husband passed. Will have to keep intouch with my Insurance company to make sure that these people don't do that to me. Thanks for letting us know!

    Hope and pray that she is able to help you keep your home!!
    1744 days ago
    Prayers said, fingers crossed. I'm hoping for the best for you and your groom as you move on to some of the best days of good living. You are both blessed and a blessing. May there be great favor in your life! Hug, hug -- Evelyn
    1744 days ago
    What a beautiful home you have. If I had the cash I'd buy it and rent it back to you until you could get on your feet and buy it back. What an awesome eye for decorating you have!
    1744 days ago
    1744 days ago
    You have a gorgeous home! AND I am so happy you found that amazing lady!!! There's hope for you!! emoticon emoticon Keep up the great work! Someday you will be writing a book. emoticon
    Love, Chelsea emoticon
    1744 days ago
    1744 days ago
    Since I can't see, I cannot visually enjoy your lovely home, but it sounds divine! I really hope this woman can help you all! The thing is that most of us wouldn't even consider defrauding people like these fake banks have! When we try to buy a new house for my dad I will insitinsist on a bank that will not sell the mortgage! Still cheering you on!
    1744 days ago
    Nice blog of Josh your house and I hope you get ideas from Lynn on what to do with your fight..stay strong emoticon emoticon
    1744 days ago
    Your home is so beautiful. You have a talented art for arranging treasured items.
    I love the glass blocks.
    I also love the masks.
    It seems like you and I have the same taste in items.
    I could never make anything like the curtains you designed. They look great. I just don't have that kind of talent.
    I'm still praying for you. I hope that Lynn can help you fight.
    Nobody should be kicked out of their sanctuary called home because of the government's and banks cruelty.
    1744 days ago
    Love the glass blocks, and they, like so many other architectural details and accoutrements, seem to run in cycles. The glass blocks had a high point in the 20s, I believe, and then again in the 60s then 80s-90s. I love them, too. You just fill your home with what makes you happy and comfortable.

    I love that you are getting in touch with Lynn. Someone who has dealt with the same situation in another southern state with similar political and judicial prejudices and problems could be precisely what you need. So sorry you didn't know about her earlier, but go for it now. The fat lady isn't even warming up her voice yet - right?
    1744 days ago
    so much for creative financing..... sorry you're having to live this nightmare. can't imagine people actually doing such to another human . . .

    thanks for sharing the pics . . .lovely.

    go get'em!
    1745 days ago
    Thank you so much for sharing your beautiful sanctuary with us.
    1745 days ago
    Your house is so beautiful. I am lucky that I have seen it in person. emoticon
    1745 days ago
    Your home is just so beautiful!! I absolutely wouldn't want to lose it either, then of course the memories you have there!
    I sure hope Lynn can help you guys!!!
    By the way, how's that gator family in the back?
    Prayers continuing! ((((HUGS))))
    1745 days ago
    You have a fabulous home. Keep fighting for it! Such a shame that you have to go through all this just to keep what's yours. A low-down, dirty shame....
    1745 days ago
    You really have a beautiful home, worth fighting for. Good luck with Lynn emoticon
    1745 days ago
  • TINY67
    emoticon and best of luck.
    1745 days ago
    That is one nice piece of real estate Bobbi... fabulous!

    1745 days ago
  • LADYJ6942
    A beautiful home. Good luck with your fight, you are a warrior and I can tell you won't back down. Hugs
    1745 days ago
  • JUSTME29
    I'm a fan of glass blocks too. I don't have any (or any place for them) in my house, but I've always loved the look.

    I wish you luck in contacting your crusader. I hope she can help you.
    1745 days ago
  • JIBBIE49
    That is a lovely house. I read that there are a million houses in Florida that are yet to be foreclosed on but haven't been since they are trying to keep real estate prices as high as they can for the time being. Anyone wanting to buy a house, certainly needs to wait at least another year when these houses will all be processed.
    1745 days ago

    Comment edited on: 8/14/2013 9:58:46 AM
    An absolutely fantastic tour of your home. So sorry you still have to deal with all that foreclosure nonsense. HUGS!
    1745 days ago
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