The Pooling and Servicing Agreement
THE ROOT OF FORECLOSURE DEFENSE The Pooling and Servicing Agreement (PSA) is the document that actually creates a residential mortgage backed securitized trust and establishes the obligations and authority of the Master Servicer and the Primary Servicer. The PSA is the heart and root of all securitized based foreclosure action defenses. The PSA establishes that mandatory rules and procedures...
Read More“Fraud”-Closure- Not A Love Story
The state of Florida had created a special super-high-speed housing court with a specific mandate to rubber-stamp the legally dicey foreclosures by corporate mortgage pushers like Deutsche Bank and JP Morgan Chase. This “rocket docket,” as it is called, is presided over by retired judges, not elected or appointed, who seem to have no clue about the insanely complex financial instruments...
Read MoreMERS Unofficial Website
MERS, a creation of the mortgage banking industry, has effectively destroyed the institution of private property in America. Ironically, MERS was created to facilitate quick and easy and cheap securitization of mortgages — what are called mortgage-backed securities. In fact, what it did was to eliminate any backing of the securities by mortgages. Of the total securitized asset universe, $7...
Read MoreRobo-Signer (Updated)
COMPLETE GUIDE TO ROBO-SIGNERS FORECLOSURE SELF-DEFENSE COMPLETE GUIDE TO ROBO-SIGNERS * * IF YOU HAVE A PROBLEM LOCATING THE NAME/INFO YOU WANT-SEND US AN EMAIL (AT BOTTOM OF ARTICLE) AND WE WILL ASSIST 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...
Read MoreCode of Judicial Conduct – Florida (Rules Judges Must Follow)
CODE OF JUDICIAL CONDUCT FOR THE STATE OF FLORIDA If you should have the need to report the judicial misconduct of a Florida judge or the misconduct of a judicial officer that may not be a judge, the Code of Judicial Conduct would apply. Such complaints are filed with the Judicial Qualifications Commission in Tallahassee, Florida, at the address below. If the offensive conduct is of a...
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