MEMORANDUM OF LAW – BANK FRAUD
I have, through research, learned the following to be true and most likely appliesto me, which is the reason I have requested and demanded “the bank” to validate theirclaims and produce pursuant to applicable law. This MEMORANDUM serves to supportmy suspicions and identify criminal facts. The “bank” allegedly “loaned me their money”when in reality they deposited (credited) my promissory note and used that deposit to“pay my seller”. Source and reasoning after reviewing the original file clearly shows thisfact, which is the reason for the “bank” refusing and failing to validate and to produce asstipulated by law. However, the truth is out and there is plenty of law backing up the factthat the bank is criminal.
FORECLOSURE ACTIONS AND CASES LAWFULLY DISMISSED (NOTLETTING BANK FORECLOSE WITHOUT LAWFUL VALIDATION ANDPRODUCTION) BY THE COURTS DUE TO BANK'S FAILURE TO VALIDATE& PRODUCE AS STIPULATED BY LAW AND COMMITTED “BANK FRAUD”AGAINST THE BORROWERFROM THE BAR ASSOCIATION'S OFFICIAL WEB SITE
... ”this Court has theresponsibility to assure itself that the foreclosure plaintiffs have standing and that subject matter jurisdiction requirements are met at the time the complaint is filed. Even without the concerns raised by the documents the plaintiffs have filed, there is reason to questionthe existence of standing and the jurisdictional amount”. Over 30 cases are covered bythe BAR at:
“A national bank has no power to lend its credit to any person or corporation . . .Bowen v. Needles Nat. Bank, 94 F 925 36 CCA 553, certiorari denied in 20 S.Ct1024, 176 US 682, 44 LED 637.2.
Countrywide Home Loans, Inc. v Taylor - Mayer, J., Supreme Court, Suffolk County / 9/073.
American Brokers Conduit v. ZAMALLOA - Judge SCHACK 28Jan2008Aurora Loan Services v. MACPHERSON - Judge FARNETI 1 1Mar20084.
“A bank may not lend its credit to another even though such a transaction turns outto have been of benefit to the bank, and in support of this a list of cases might becited, which-would
look like a catalog of ships
.” [Emphasis added] Norton GroceryCo. v. Peoples Nat. Bank, 144 SE 505. 151 Va 195.5.
“In the federal courts, it is well established that a national bank has not power to lendits credit to another by becoming surety, indorser, or guarantor for him.”' Farmersand Miners Bank v. Bluefield Nat 'l Bank, 11 F 2d 83, 271 U.S. 669.6.
Bank of New York v. SINGH - Judge KURTZ 14Dec20077.
Bank of New York v. TORRES - Judge COSTELLO 11Mar20088.
Bank of New York v. OROSCO - Judge SCHACK 19Nov2007Citi Mortgage Inc. v. BROWN - Judge FARNETI 13Mar2008