Comments on: TRICKED, CONNED, SCAMMED- ANOTHER HOMEOWNER’S HOME SOLD WHILE IN ACTIVE NEGOTIATIONS WITH LENDER http://mattweidnerlaw.com/blog/2010/07/tricked-conned-scammed-another-homeowners-home-sold-while-in-active-negotiations-with-lender/?utm_source=rss&utm_medium=rss&utm_campaign=tricked-conned-scammed-another-homeowners-home-sold-while-in-active-negotiations-with-lender Speaking Out As Long As Political Speech Remains Protected Sun, 13 May 2012 20:09:54 -0400 hourly 1 http://wordpress.org/?v=3.3.2 By: TRICKED, CONNED, SCAMMED- ANOTHER HOMEOWNER'S HOME SOLD WHIL http://mattweidnerlaw.com/blog/2010/07/tricked-conned-scammed-another-homeowners-home-sold-while-in-active-negotiations-with-lender/comment-page-1/#comment-3244 TRICKED, CONNED, SCAMMED- ANOTHER HOMEOWNER'S HOME SOLD WHIL Sat, 24 Jul 2010 09:46:21 +0000 http://mattweidnerlaw.com/blog/?p=2603#comment-3244 [...] TRICKED, CONNED, SCAMMED- ANOTHER HOMEOWNER'S HOME SOLD WHIL [...] [...] TRICKED, CONNED, SCAMMED- ANOTHER HOMEOWNER'S HOME SOLD WHIL [...]

]]> By: speakout http://mattweidnerlaw.com/blog/2010/07/tricked-conned-scammed-another-homeowners-home-sold-while-in-active-negotiations-with-lender/comment-page-1/#comment-3241 speakout Fri, 23 Jul 2010 23:56:06 +0000 http://mattweidnerlaw.com/blog/?p=2603#comment-3241 Just curious if you are aware of the part in the note that states that ALL parties signing the note are obligated to pay. It states that the guarantor, surety, or endorser are all obligated to the terms of the note. Well, that includes the Lender as the Lender is the "endorser", the one that signs for the money. A note is a negotiable instrument and is equivalent to a check. We gave them a Note and they gave us back a check, it was actually an exchange - not a loan. The accounting records of the banks show this entry as a deposit. They have double entry accounting. UCC , Article 3, Negotiable Instruments describes all these definitions. UCC 3-104. The banks don't want to produce the accounting records as you would find that they already got paid on the loan the day it funded - note = money. They then turned around and "lent" the money to the borrower, the banks have nothing invested. The note is payable to bearer upon demand. Since they sign it "pay to the order of", they endorsed it, like a check. Banks cannot lend their own money per their bank charters, so where does the money come from? It's a computer entry. The key question to ask is, "WHO FUNDED the loan?" Who is the beneficiary?, Who is the accommodation party, who is the accomodated party? What does the "principal" equate to? (It's a deposit in an account) A deposit is a liability to a bank. THEY owe that money. See also, UCC 3-110. and UCC 3-116.-Joint and several liability. The banks have already cashed in on these notes and are only the "servicers" The servicers can only do modifications, can not foreclose. Ask for the security agreement when they transferred the note. Freddie Mac & Fannie Mae "own" a large majority of the mortgages/notes. But they are now owned by the Federal Government. Do the banks truly have jurisdiction? They know the fraud and so do the judges, but their job is to collect money for the "beast"/the banksters. The banks are getting paid 3 & 4 times over, They get paid when they sell the note, get paid on the payments from the borrower, got paid from TARP, got paid from the CDS insurance, got paid when they foreclose and take the house and sell it, get paid from deficiency judgements. It is criminal. Then in the future, when the real party of interest comes out of the woodwork and wants to get paid, they'll probably go after the poor homeowner again for more money. (Although the judgement is not supposed to be effective unless the borrower is protected from this) This whole scam was planned, as they control the money and can prevent us from access which is what caused the collapse in the first place. After they used our notes and mortgages to leverage their derivitive investments 100 times, when the musical chairs stopped because the final investor somewhere on the other side of the world found out about the worthless, overleveraged $500 trillion ponzi scam they were running , the money was cut off and so was the economy. Oh, those "terrible" homeowners who lost all their equity, their jobs, investments all while the banksters are raking in billions. It is sickening! We have no real court - it is just another debt collector. "Evil prevails when good men do nothing" Good men are judged by their deeds, not their money. God bless the good attorneys and judges that stand up to the corruption. This is a war of the people vs the banksters. Thank you all that support the people. Just curious if you are aware of the part in the note that states that ALL parties signing the note are obligated to pay. It states that the guarantor, surety, or endorser are all obligated to the terms of the note. Well, that includes the Lender as the Lender is the “endorser”, the one that signs for the money. A note is a negotiable instrument and is equivalent to a check. We gave them a Note and they gave us back a check, it was actually an exchange – not a loan. The accounting records of the banks show this entry as a deposit. They have double entry accounting. UCC , Article 3, Negotiable Instruments describes all these definitions. UCC 3-104. The banks don’t want to produce the accounting records as you would find that they already got paid on the loan the day it funded – note = money. They then turned around and “lent” the money to the borrower, the banks have nothing invested. The note is payable to bearer upon demand. Since they sign it “pay to the order of”, they endorsed it, like a check. Banks cannot lend their own money per their bank charters, so where does the money come from? It’s a computer entry. The key question to ask is, “WHO FUNDED the loan?” Who is the beneficiary?, Who is the accommodation party, who is the accomodated party? What does the “principal” equate to? (It’s a deposit in an account) A deposit is a liability to a bank. THEY owe that money. See also, UCC 3-110. and UCC 3-116.-Joint and several liability.
The banks have already cashed in on these notes and are only the “servicers” The servicers can only do modifications, can not foreclose. Ask for the security agreement when they transferred the note. Freddie Mac & Fannie Mae “own” a large majority of the mortgages/notes. But they are now owned by the Federal Government. Do the banks truly have jurisdiction? They know the fraud and so do the judges, but their job is to collect money for the “beast”/the banksters. The banks are getting paid 3 & 4 times over, They get paid when they sell the note, get paid on the payments from the borrower, got paid from TARP, got paid from the CDS insurance, got paid when they foreclose and take the house and sell it, get paid from deficiency judgements. It is criminal. Then in the future, when the real party of interest comes out of the woodwork and wants to get paid, they’ll probably go after the poor homeowner again for more money. (Although the judgement is not supposed to be effective unless the borrower is protected from this)

This whole scam was planned, as they control the money and can prevent us from access which is what caused the collapse in the first place. After they used our notes and mortgages to leverage their derivitive investments 100 times, when the musical chairs stopped because the final investor somewhere on the other side of the world found out about the worthless, overleveraged $500 trillion ponzi scam they were running , the money was cut off and so was the economy. Oh, those “terrible” homeowners who lost all their equity, their jobs, investments all while the banksters are raking in billions. It is sickening! We have no real court – it is just another debt collector. “Evil prevails when good men do nothing” Good men are judged by their deeds, not their money. God bless the good attorneys and judges that stand up to the corruption. This is a war of the people vs the banksters. Thank you all that support the people.

]]> By: Tweets that mention TRICKED, CONNED, SCAMMED- ANOTHER HOMEOWNER’S HOME SOLD WHILE IN ACTIVE NEGOTIATIONS WITH LENDER | Matt Weidner Blog -- Topsy.com http://mattweidnerlaw.com/blog/2010/07/tricked-conned-scammed-another-homeowners-home-sold-while-in-active-negotiations-with-lender/comment-page-1/#comment-3239 Tweets that mention TRICKED, CONNED, SCAMMED- ANOTHER HOMEOWNER’S HOME SOLD WHILE IN ACTIVE NEGOTIATIONS WITH LENDER | Matt Weidner Blog -- Topsy.com Fri, 23 Jul 2010 17:39:19 +0000 http://mattweidnerlaw.com/blog/?p=2603#comment-3239 [...] This post was mentioned on Twitter by Arlene Fuino, Matt Weidner. Matt Weidner said: blogged: TRICKED, CONNED, SCAMMED- ANOTHER HOMEOWNER'S HOME SOLD WHILE IN ACTIVE NEGOTIATIONS WITH LENDER - A... http://tinyurl.com/29sdhlo [...] [...] This post was mentioned on Twitter by Arlene Fuino, Matt Weidner. Matt Weidner said: blogged: TRICKED, CONNED, SCAMMED- ANOTHER HOMEOWNER'S HOME SOLD WHILE IN ACTIVE NEGOTIATIONS WITH LENDER – A… http://tinyurl.com/29sdhlo [...]

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