Wow. Why have I not seen this before. My better half just found it as is published on Scribd on April 1, 2011. It is a long piece as it details a lot of information of individual Robo signers and Robo signing in general. For example:
What is a robo-signer?Robo-signers are mortgage lending company employees who prepared and signed off on foreclosures without reviewing them, as the law requires. Jeffrey Stephan, the GMAC employee who was the first identified as a robo-signer, has acknowledged in sworn deposition that he prepared 400 such foreclosures a day.The discovery of robo-signers could simply bethe tip of the iceberg. If so, more revelations could only increase the pressure on large banks.Their potential exposure to losses could skyrocket….What·s the significance?The “robo-signing of affidavits and Assignments of Mortgage and all other mortgage foreclosure documents served to cover up the fact that loan servicers cannot demonstrate the facts required to conduct a lawful foreclosure. If it turns out that robo-signers did indeed sign off on loans without review, they committed fraud by claiming knowledge of a financial matter of which they had no personal knowledge. It could also mean that some people are wrongly being evicted from their houses….
This excerpt warrants attention so I am creating the “bold” emphasis.
Briefly, Robo Signers are illegal because fraud cannot be the basis of clear title, trustee’s deeds following Robo Signed sales are void as a matter of law, notarization is a recording requirement for many of the documents, which we also know was often botched, and most importantly because robo signed falsifications ARE meant for use in court, including unlawful detainers and bankruptcy matters….Clear Title May Not Derive From A Fraud(including a bona fide purchaser for value). In the case of a fraudulent transaction the law is well settled.
This is a MUST HAVE document.
If you are an attorney and have not seen this it is a must have reference source. It has links and information that can be vital to your defenses.
If you are an individual facing or in foreclosure, this document is a“must save” reference guide as it will give you information to help you find the fraud in your loan, assignments and foreclosure filings as well as other valuable information links, depositions etc., such as:
CONGRESSIONAL WRITTEN REPORT REGARDING
SECURITIZATION AND FRAUDCLOSURE OF NOVEMBER 18, 2010
click on title for link
It also provides a very long list of named Robo Signers giving who they worked for, who they signed for and what titles they used.
Here is just one example of what you will find:
Allen, Greg -Greg ALLEN is an employee of Lender Processing Servicesin Mendota Heights,Dakota County, MN. He signs Mortgage Assignments as an officer of MERS, servicing companies, and lenders. Allen often signs these Assignments to trusts years after the closing date of the trusts. Allen frequently signs Assignments for mortgage companies that filed forbankruptcy years before the effective date of the Assignment. Deutsche Bank National Trust Company is one of the banks that frequently uses Assignments signed by Greg Allen to foreclose. Greg Allen has signed Mortgage Assignments using the following titles:Vice President, Mortgage Electronic Registration Systems, as nominee for American Home Mortgage Acceptance, Inc.;Vice President, Mortgage Electronic Registration Systems, as nominee for Bayrock Mortgage Corp.;Vice President, Mortgage Electronic Registration Systems, as nominee for CTXMortgage Co., LLC;Vice President, Mortgage Electronic Registration Systems, as nominee for EMC Mortgage Corp.;Vice President, Mortgage Electronic Registration Systems, as nominee for EQ Financial,Inc.;Vice President, Mortgage Electronic Registration Systems, as nominee for FirstGuaranty Mortgage Corp.;Vice President, Mortgage Electronic Registration Systems, as nominee for FranklinFinancial;Vice President, Mortgage Electronic Registration Systems, as nominee for MaitlandMortgage Lending Company;Vice President, Mortgage Electronic Registration Systems, as nominee for MortgageNetwork, Inc.;Vice President, Mortgage Electronic Registration Systems, as nominee for PMC Lending; andVice President, Mortgage Electronic Registration Systems, as nominee for ValleyBank.
SEE full deposition -stopforeclosurefraud.com/2010/12/18/full-deposition-transcript-of-lps-greg-allenmers-is-live/www.whatsignature.com/files/Allen_Greg.1.pdf, www.whatsignature.com/files/Allen_Greg2.1.pdf,www.whatsignature.com/files/Allen_Greg2.2.pdf,www.whatsignature.com/files/Allen_Greg.3.pdf,www.whatsignature.com/files/Allen_Greg.4.pdf,www.whatsignature.com/files/Allen_Greg.5.pdf,www.whatsignature.com/files/Allotey_Liquenda.5.pdfwhatsignature.com/files/Cody_John.pdf
They list these Robo Signers alphabetically so it is easy for you to begin to verify some of the signatures in your documents.
THIS IS ONE POST YOU MUST PASS ON TO EVERYONE YOU KNOW. It is without a doubt the most valuable post I have ever posted here on TheForeclosureDetonator.
Here now the link to the valuable reference guide courtesy of Scribd…click here
- The Banks Promised to Clean Up Their Act — So Why Are They Still Using Robo-Signers to Engage in Foreclosure Fraud? (alternet.org)
- Special report: Banks continue robo-signing(huffingtonpost.com)
- ‘Robo-signing’ foreclosures haven’t gone away(msnbc.msn.com)
- “Robo-signing” of mortgages still a problem (cbsnews.com)
- AP Exclusive: Mortgage ‘robo-signing’ goes on(seattlepi.com)
- Special report: Banks continue robo-signing – Reuters(news.google.com)
- Wells Fargo Illegally Pushed Thousands Of Borrowers Into Subprime Mortgages, Falsified Loan Documents, Federal Reserve Says (huffingtonpost.com)
- Banks Continuing Dubious 'Robo-Signing' Foreclosure Practices: Investigation (huffingtonpost.com)
- 'Robo-signing' foreclosures haven't gone away (msnbc.msn.com)
- Mass. AG puts conditions on bank settlement (seattlepi.com)
- Robo Signers List (theforeclosuredetonator.wordpress.com)
- "Robo-signing" of mortgages still a problem (cbsnews.com)
- One West False statements (timothymccandless.wordpress.com)
- Mass. AG puts conditions on bank settlement (seattletimes.nwsource.com)