Another in the continuing series on how a Thief Can Steal Your Home.
All across this country, the garbage Countrywide loans are being foreclosed on and Americans thrown into the street, many times based on nothing more than a simple endorsement. To be valid an endorsement must actually be authorized and valid. But far too often, the signatures and purported endorsements are not even challenged…
AND IMPORTANTLY, THE BANKS ARE ARGUING THAT THEY NO PARTY HAS A RIGHT TO CHALLENGE THE VALIDITY OF ENDORSEMENTS!
The argument presented by the banks is that the endorsements do not matter, and that no one can challenge these signatures. By extension, this argument suggests that not even judges could question signatures when presented with obvious forgeries.
The alleged endorsements were highlighted to me by my friend David at Case Clarity
Look closely, it looks like two endorsements, two signatures, correct? Well, no, they’re not actually signatures at all….the “signatures” are just ink stamps. But that’s not what’s most interesting.
At first blush it looks like two separate stamps, but when you compare this stamp to many of the other stamps, they “both” line up perfectly and exactly. Which suggests that the figure above is really made by one singular stamp made to look like two stamps. Now did Meder stamp this? Did Sjolander stamp this? And if neither stamped it, did either stamp it?
Oh, but right, we’re not even allowed to make such inquiry correct?