That’s my friend Nye. He’s a guy who’s been screaming about the extraordinary mortgage fraud conspiracy between the banksters and the federal government for years….almost a decade. There are so many bombshells, but here is one that will rock the world…
MORTGAGE AND ASSIGNMENTS IN PUBLIC RECORDS ARE NO LONGER RECORDS OF OWNERSHIP, BUT MERELY REFLECT SERVICING RELATIONSHIPS
An admission like this is like disclosing that millions of marriage, death and birth certificates are not real or legitimate records of the official acts. This throws into chaos hundreds of years worth of legal precedent and provides real questions of legitimacy of our nation’s entire economic foundation.
THIS IS CONFIRMATION THAT OUR NATION’S PROPERTY RECORD SYSTEM IS CORRUPTED
Importantly, the federal government and their co-conspirators in a massive fraud have known this for many, many years. But enough from me….after all, I’m just a guy with a blog. Maybe you’d feel better reading it….ON THE FRONT PAGE OF THE NEW YORK TIMES…..here’s the article:
Almost all of the abuses that Mr. Lavalle began identifying in 2003 have since come to widespread attention. The revelations have roiled the mortgage industry and left Fannie, Freddie and big banks with potentially enormous legal liabilities. More worrying is that the kinds of problems that Mr. Lavalle flagged so long ago, and that Fannie apparently ignored, have evicted people from their homes through improper or fraudulent foreclosures.
Until a few weeks ago, Mr. Lavalle, 54, had never seen O.C.J. 5595. He had hoped to get a copy after helping Fannie’s lawyers, at Baker & Hostetler in Washington, complete it. He didn’t.
But after learning about its findings from a reporter for The Times, Mr. Lavalle said, ” Fannie Mae, its directors, servicers and lawyers appeared to have an institutional policy of turning a willful blind eye to evidence of mortgage origination and servicing fraud.”
He went on: ” When confronted directly with this evidence, Fannie not only failed to correct and remedy the abuses, it assisted in continuing the frauds via institutional practices that concealed fraudulent foreclosures.”
A spokesman for Fannie Mae said in a statement last week that the company quickly addressed several issues that were raised in the 2006 report and that it took action on other issues associated with foreclosures in 2010. ” We want to prevent foreclosure whenever possible, but when foreclosures cannot be avoided they must move forward in a timely, appropriate fashion,” he said.
Fannie Mae would not say whether it had shared O.J.C. 5595 with its board of directors or its regulator, then known as the Office of Federal Housing Enterprise Oversight. James B. Lockhart III, who headed that regulator in 2006, said he did not recall reading the report. ” I probably did not see it as back then foreclosures were not a very big deal,” he said.
MUST READ THE DEPARTMENT OF JUSTICE