CA State court complaint alleging that Citi Mortgage fraudulently filed and recorded a phony assignment to create the illusion that MERS, as agent for the originator of a mortgage loan, actually transferred the rights to the loan to CITI.
In reality, the loan originator is a "Zombie Bank". Sea Breeze Financial Services Inc., was dissolved 9 months before the alleged transfer to CITI. Any agency relationship between MERS and Sea Breeze ended upon the dissolution of that California corporation.
Original Title
9-27-2011 Filed Copy of Zombie Bank Assignment Summons and Complaint:
CA State court complaint alleging that Citi Mortgage fraudulently filed and recorded a phony assignment to create the illusion that MERS, as agent for the originator of a mortgage loan, actually transferred the rights to the loan to CITI.
In reality, the loan originator is a "Zombie Bank". Sea Breeze Financial Services Inc., was dissolved 9 months before the alleged transfer to CITI. Any agency relationship between MERS and Sea Breeze ended upon the dissolution of that California corporation.
CA State court complaint alleging that Citi Mortgage fraudulently filed and recorded a phony assignment to create the illusion that MERS, as agent for the originator of a mortgage loan, actually transferred the rights to the loan to CITI.
In reality, the loan originator is a "Zombie Bank". Sea Breeze Financial Services Inc., was dissolved 9 months before the alleged transfer to CITI. Any agency relationship between MERS and Sea Breeze ended upon the dissolution of that California corporation.