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LA MAR GUNN
Gunn Wealth Management
1894 Windswept Circle Dover, DE 19901
T 888-812-4099 F 888-812-4098
Gunn Wealth Management
Table of Contents
History Crime Pays Bailout Riches Securitization Windfall Proﬁts
1 1 1 1 1
The Key Players
You the Borrower Originators Depositors Issuer Underwriters Investors Trustee Servicer Insurer
2 2 2 3 3 3 3 3 3 3
Gunn Wealth Management
Why Oaths of Ofﬁce No Longer Matter Is Equal Protection for Banks Only? Courts Across America Ignore Standing The Phantom Certiﬁcateholders Homeowners and Equity Investors Lose in the End
5 5 6 6 6 6
Fraudulent Assignments Illegal Substitution of Parties AMORTIZATION SCHEDULE
7 12 13 15 21 21 23 24
The ABC’s of Securitized Loans
A ? ? ? EFG Common Terms Pertaining to the Trust: ACTIVE PLAYERS
Afﬁdavit of Truth: La Mar Gunn
FRAUD ON THE COURT BY OFFICERS OF THE COURT
S government’s assistance. Securitization Report © La Mar Gunn 2012 1 .000 in bonuses.103 $11. This audit will expose the widespread corruption plaguing the U. economy and eating away at our legal system. It seems like yesterday that Kenneth Feinberg was appointed as the pay czar to oversee executive pay at banks.020 $14.105.494. Bailout Riches Executive/Company James Dimon/JP Morgan Chase John G Stumpf/Well Fargo Vikram S Pandit/Citigroup **Richard K Davis/US Bancorp Brian T Moynihan Compensation $23. government continued its experimental efforts on low-income families by introducing public securitizations. Wall Street with the U. Crime Pays As most of America still ﬁghts for day-to-day survival.416 $19. With a creation more dangerous than the Tuskegee Syphilis Experiment. All this comes on the heels of the unprecedented bank bailouts that saved many of America’s most storied ﬁnancial institutions. can receive payments totaling more than ﬁve times the original face amount of the loan.000.S.S.600. As the country stood amazed over the need to use taxpayer money to bail the banks out of a self-induced ﬁnancial comma.843.857. are being handsomely rewarded for fraudulently foreclosing on homes of unsuspecting American citizens.Gunn Audit 2012 Introduction History In 1997 the U.181 Securitization Windfall Proﬁts The securitization process has legalized the theft of property. National banks claiming to be trustees for mortgage backed securities. the banks that were apparently To Big To Fail and Too Big To Jail. bank executives slipped out the back door with more than $1.087.764 $8. began packaging and selling pools of toxic mortgage loans to unsuspecting minorities and low-income Americans.
an afﬁdavit provided by Delaware Secretary of State. 2003 (. in this case.S. The State of Pennsylvania placed a lifetime ban on Ms. which Gunn paid along with several years of back taxes and neighborhood association fees. Shelton and immediately REVOKED her notary commission and conﬁscated both her notary seal and stamp. almost a year later. counsel purports that the Originator was EquiCredit of Delaware. La Mar Gunn (Gunn) purchased 201 Cornwell Drive. The counterfeiters are conﬁrmed to have been employees of Faibanks Capital of Salt Lake City. Fairbanks changed its name to Select Portfolio Servicing. Jeffrey W.gov/os/caselist/ 0323014. On December 8. Furthermore. See http://www.Gunn Audit 2012 The Key Players You the Borrower This is a rather unique case and unlike any other in the country. See Pennsylvania v Nikole Shelton 11-99-05326 and 11-99-01542. from Robert and Leisa Johnson by Quitclaim Deed on December 16. Once learning that he had been the victim of fraud. parties purporting to represent EquiCredit of Delaware. However. EquiCredit of Delaware is not an originator for EQCC Home Equity Loan Trust 1998-3. Bear. 1999. Utah. EquiCredit of Delaware was not an originator based on the Pooling and Servicing Agreement (PSA). The two employees responsible for the fraudulent assignment are Nikole Shelton and her supervisor Madeline Ramos. At that time and based on a title report prepared by First American Title. After a year long investigation. Originators The parties on the ground level.000.Inc. Federal Trade Commission for defrauding U. 2004.shtm. prepared a counterfeit assignment of mortgage and caused it to be ﬁled in the New Castle County Recorder of Deeds under instrument number: 20041208-0131921. homeowners. states that EquiCredit of Delaware ceased to exist as of November 30. Gunn located Nikole Shelton at GMAC (now Ally Financial) and ﬁled a Complaint against her with the Pennsylvania Attorney General’s ofﬁce. Bullock. such as mortgage lenders and banks.000 by the U.ftc.S. Securitization Report © La Mar Gunn 2012 2 . Nikole Shelton pled guilty to unlawfully notarizing documents. the only valid mortgage belonged to MasterFinancial.(SPS) after being ﬁned $40. DE 19701.
(Co-Manager). Bank National Association (U. Insurer SURETY BOND The entity issuing the surety bond will agree to pay principal and/or interest generally up to a maximum. Bank was to oversee the SPV / EQCC 1998-3 and to protect the certiﬁcateholders’ interest.S. to the extent the issuing entity does not have sufﬁcient amounts available from collections and other available funds to make such payments on any Distribution Date. EQCC ASSET BACKED CORPORATION The depositors were responsible for acquiring the pooled assets from the aggregator/originator to be deposited into the SPV/SPE (Special Purpose Vehicle/Entity).S. The responsibilities and power of U. EQCC Home Equity Loan Trust 1998-3 is also the SPV. EQCC RECEIVABLES CORPORATION 2.S. Investors The investors represent the purchasers of certiﬁcates issued in the name of: EQCC HOME EQUITY LOAN ASSET BACKED CERTIFICATES.Gunn Audit 2012 Depositors Based on information found in the PSA and on ﬁle with the SEC. Issuer The Issuer was EQCC Home Equity Loan Trust 1998-3. Series 1998-3 Trustee The trustee was U. Counsel for the plaintiffs have misrepresented the proper SPV on a number of occasions. Servicer The Service was EquiCredit of America (EOA). Bank). Underwriters The Underwriters for the subject deal were NationsBanc Montgomery (Lead) and Merrill Lynch & Co. The primary functions of U. based on the PSA. At present. the Depositors under EQCC 1998-3 were: 1. counsel for SPS misrepresents or wrongfully identiﬁes the SPV as EQCC Home Equity Loan Asset Backed Certiﬁcates 1998-3 (EQCC 1998-3).S. Bank are based on the PSA. Securitization Report © La Mar Gunn 2012 3 . The responsibilities of the underwriters as investment banks. whose responsibilities included acquiring the pooled assets and issuing legal certiﬁcates to the investors/certiﬁcateholders. was to purchase the certiﬁcates from the depositors to market and sell certiﬁcates to prospective investors. The responsibility of the Servicer involves collecting the monthly loan payments from borrowers with mortgages in the securitized trust.
the servicer. EquiCredit of America was required to obtain a Fidelity Bond for errors and omissions insurance. fraud. NUFIC is a division of Chartis Financial a subsidiary of American Insurance Group (AIG). embezzlement.09 of the PSA errors and omissions insurance was obtained through National Union Fire Insurance Company (NUFIC) of Pittsburgh. including losses resulting from forgery.Gunn Audit 2012 In addition to the surety bond. PA. Based on information and belief. Such ﬁdelity bond shall also protect and insure the Servicer against losses in connection with the release or satisfaction of a Mortgage Loan without having obtained payment in full of the indebtedness secured thereby. Securitization Report © La Mar Gunn 2012 4 . Based on information found in Section 5. errors and omissions and negligent acts of such Servicer Employees. theft. The errors and omissions policy protects and insures the servicer against losses.
and to respect the right of future generations to share the rich historic and natural heritage of Delaware. Unconstitutional Why Oaths of Ofﬁce No Longer Matter Research of Oaths of Ofﬁce for Delaware judges reads as follows: I. Also.“ but uncontroverted evidence identiﬁes Credit Suisse (ticker symbol: CS) as the investment manager for the judge’s retirement plan in Delaware. research has identiﬁed 3 Swallow Hill Road as the address of not just Judge Silverman. swear “always to place the public interest above any special or personal interests. I further swear (or afﬁrm) always to place the public interest above any special or personal interests. ___________________________________ (Signature of Judge) Sworn to and subscribed before me this ____ day of _______________________ A.Gunn Audit 2012 The above Oath of Ofﬁce is that of Judge Fred Silverman of The Superior Court of New Castle County Delaware. The record does not reﬂect that this conﬂict of interest and agency relationship has ever been disclosed in the more than 1. banks/servicers are allowed to backdate mortgage assignments for the purpose of procuring fraudulent foreclosures. Justice Carolyn Berger’s legal name is Carolyn Silverman. It appears that in Judge Silverman’s court. Securitization Report © La Mar Gunn 2012 5 . Superior Court Judge Fred S. but as the address of Delaware Supreme Court Justice. As witnessed above. Carolyn Berger as well. swore to protect the Constitutions of Delaware and United States.D. Based on mortgage and marriage records ﬁled with the New Castle County Delaware Recorder of Deeds.__________________. Silverman. do proudly swear (or afﬁrm) to carry out the responsibilities of the ofﬁce of Judge of the ___________ Court to the best of my ability. Judge Silverman is preferred by banks with counterfeit documents and seeking judicial foreclosures. In doing so I will always uphold and defend the Constitution of my Country and my State.000 decisions entered in favor of Credit Suisse and its subsidiary Select Portfolio Servicing.Inc. 20____ ___________________________________ (Delaware Supreme Court Justice) Delaware judges as seen above. freely acknowledging that the powers of this ofﬁce ﬂow from the people I am privileged to represent. so help me God.
Seldin. (SPS) manipulate the names of securities to trick State courts into rendering decisions in favor of racketeering groups. Securitization Report © La Mar Gunn 2012 6 . Constitution requires that a party be able to prove Injury. Is Equal Protection for Banks Only? If your name includes National Association. Bankruptcy courts as bond insurers such as Ambac ﬁle bankruptcy after knowingly paying billions into an obvious fraudulent mortgage scheme. If unable to clearly demonstrate the preceding three factors. Delaware Judicial Canon 1 under Rule 1. The bankruptcy wipes out equity investors such as the Teacher’s Pension Plan for the State of New York. can an entity misrepresent to the court that their an agent for a non-existent entity or a group of make believe investors better known in the industry as certiﬁcateholders. but Ambac also turns a blinds eye to false claims advanced by servicers such as SPS. No such laws exist.2(B) states that: An independent and honorable judiciary is indispensable to justice in our society. Courts Across America Ignore Standing Article III of the U.S. it would be far more “Honorable” to disclose that you are married to someone on the appellate court. We will refer to these rules as 14(z) and 5(z) for the Fourteenth and Fifth Amendments. Furthermore. appellate courts continue to turn a blinds eye to this obvious fraud.2(A) states that: A judge should act at all times in a manner that promotes public confidence in the integrity and impartiality of the judiciary and should avoid impropriety and the appearance of impropriety in all activities. Based on their payments to settle securitization claims. and to disclose that the party before the court manages your retirement future (State of Delaware Pension Plan for Judges managed by Credit Suisse). The Delaware Judges Oath of Ofﬁce and the Judicial Canons for the judges code of conduct do not apply when the party before the court has bank or servicing in their name. there’s a good chance that you get to play by the court’s second set of rules. and Redressability. 490. The doctrine of standing "involves both constitutional limitations on federal-court jurisdiction and prudential limitations on its exercise. 422 U.S. to identify yourself by your “legal” name. armed with prima facie evidence of fraud. 498 (1975). The scheme is advanced and the fraud paintbrush extends to U.S. Inc. Causation. The Phantom Certiﬁcateholders Only in fraudulent foreclosures. all rights of the certiﬁcateholders have been subrogated to Ambac. but the fact that banks have admitted to making false claims using fabricated and RoboSigned documents." See Warth v.Gunn Audit 2012 Delaware Judicial Canon 1 under Rule 1. federal courts are required to dismiss actions where parties lack standing. Homeowners and Equity Investors Lose in the End Servicers such as Select Portfolio Servicing.
as their interests may appear) without recourse. the Mortgage and the contents of the related Mortgage File is vested in the Trustee for the beneﬁt of the Certiﬁcateholders. transfer. (c) It is the intention of this Agreement that the transfer of the Depositors' right. the ownership of each Mortgage Note.02 Possession of Mortgage Files. (a) The Depositors do hereby sell. Section 2. Ambac has nothing to do with any actions against the subject property. The fact that the trustee has testiﬁed to not having in its possession any of the documents related to the Mortgage File. set over and convey to the Trustee (for the beneﬁt of the Certiﬁcateholders and the Certiﬁcate Insurer. Prima facie evidence proves that the Certiﬁcateholders have been fully indemniﬁed and based on testimony provided by Ambac Assurance (Certiﬁcate Insurer). Securitization Report © La Mar Gunn 2012 7 . (a) Upon the issuance of the Certiﬁcates. all of the right. assign.01 Sale and Conveyance of Trust Assets. Priority and Subordination of Ownership Interests.04. title and interest of the Depositors. the court must draw an inference as to who the attorneys from Eckert Seamans actually represent. 1999 Conveyance of the Trust Assets Section 2. the Depositors have delivered or caused to be delivered each Mortgage File to the Custodian. title and interest in and to the assets of the Trust pursuant to this Agreement shall constitute an absolute sale by the Depositors to the Trustee of the Mortgage Loans for the beneﬁt of the Certiﬁcateholders and the Certiﬁcate Insurer and not a loan. (b) Pursuant to Section 2. 1998 268917EV9 Tax ID Number SEC Form 15-15D ﬁled 033-99344-10 59-3532279 March 31.Gunn Audit 2012 PSA Announcement Registered Name: EQCC Home Equity Loan Trust 1998-3 Accession Number PSA Dated Cusip Number 0000914121-98-000837 SEC File Number September 1.
03 Books and Records. Nikole Shelton (CONVICTED FRAUD / REVOKED NOTARY) and her supervisor Madeline Ramos.Gunn Audit 2012 Section 2. The approved originators in the subject trust are listed under Exhibit K of the PSA as: Furthermore. both as employees of Select Portfolio Servicing. and shall maintain. in the name of the Originator that transferred such Mortgage Loan to the applicable Depositor pursuant to the Transfer Agreement by a Responsible Ofﬁcer. without recourse" and signed. by facsimile or manual signature. Section 2. as Trustee under the Pooling and Servicing Agreement dated as of September 1. The PSA has been violated as the alleged Originator was EquiCredit of Delaware. Contemporaneously with the delivery of this Agreement. The applicable Depositor shall be responsible for maintaining. Inc. with any intervening endorsements.. with all prior and intervening endorsements showing a complete chain of endorsement from the originator. fabricated a mortgage assignment claiming to be employees of defunct EquiCredit of Delaware.04 Delivery of Mortgage Loan Documents. which was not an approved originator based on the PSA. Bank National Association. the Depositors delivered or caused to be delivered hereunder to the Trustee the Certiﬁcate Insurance Policy and the Yield Supplement Agreement. 1998. The sale of each Mortgage Loan shall be reﬂected on the applicable Depositor's balance sheets and other ﬁnancial statements prepared in accordance with generally accepted accounting principles as a sale of assets by each Depositor.S. Securitization Report © La Mar Gunn 2012 8 . a complete set of books and records for each Mortgage Loan which shall be clearly marked to reﬂect the ownership of each Mortgage Loan by the Trustee for the beneﬁt of the Certiﬁcateholders. endorsed "Pay to the order of U. and each Depositor has delivered to the Trustee (which may be by delivery to the Custodian on behalf of the Trustee) each of the following documents for each Mortgage Loan: (a) (i) (A) The original Mortgage Note.
in the case of a Mortgage Loan secured by a Mortgaged Property held in an Illinois Land Trust. with evidence of recording thereon (and. that such Responsible Ofﬁcer may complete one or more blanket certiﬁcates attaching copies of one or more Mortgages relating thereto) or by the closing attorney. that such Responsible Ofﬁcer may complete one or more blanket certiﬁcates attaching copies of one or more Mortgages relating thereto) or by the closing attorney. Securitization Report © La Mar Gunn 2012 9 . or by an ofﬁcer of the title insurer or agent of the title insurer which issued the related title insurance policy. however. rights and franchises as a corporation and will obtain and preserve its qualiﬁcation to do business as a foreign corporation. Section 9. in the case of a Mortgage Loan secured by a Mortgaged Property held in an Illinois Land Trust. signed by the trustee of such Illinois Land Trust). with evidence of recording thereon (and. if the original has been transmitted for recording until such time as the original is returned by the public recording ofﬁce or (iii) a copy of the Mortgage certiﬁed by the public recording ofﬁce in those instances where the original recorded Mortgage has been lost or not yet returned. in each jurisdiction. The Servicer will each keep in full effect its existence. or by an ofﬁcer of the title insurer or agent of the title insurer which issued the related title insurance policy. or commitment therefor. signed by the trustee of such Illinois Land Trust). however. if the original has been transmitted for recording until such time as the original is returned by the public recording ofﬁce or (iii) a copy of the Mortgage certiﬁed by the public recording ofﬁce in those instances where the original recorded Mortgage has been lost or not yet returned. (ii) a copy of the Mortgage certiﬁed as a true copy by a Responsible Ofﬁcer of the Originator that transferred such Mortgage Loan to the applicable Depositor pursuant to the Transfer Agreement (provided. or commitment therefor.02 Merger or Consolidation of the Servicer. (c) Either: (i) the original Mortgage.Gunn Audit 2012 (b) Either: (i) the original Mortgage. (ii) a copy of the Mortgage certiﬁed as a true copy by a Responsible Ofﬁcer of the Originator that transferred such Mortgage Loan to the applicable Depositor pursuant to the Transfer Agreement (provided.
Gunn Audit 2012 Securitization Report © La Mar Gunn 2012 10 .
582 days after the trust cut-off date. Inc. SPS’ NORMAL BUSINESS PRACTICE IS TO FABRICATE DOCUMENTS TO ILLEGALLY FORECLOSE ON UNSUSPECTING HOMEOWNERS. There are two contradictory assignments proffered into the record. 2004. The assignment occurs 1. Both assignments are void for dishonor by the notaries and for intentional misrepresentations of material facts by the attorneys. the date of the original ﬁling. THE ASSIGNMENT FILED WITH THE NEW CASTLE COUNTY RECORDER OF DEEDS UNDER INSTRUMENT NUMBER: 20041208-0131921 IS TO EQCC HOME EQUITY TRUST 1998-2 AND NOT 1998-3. 2002. Standing is of the utmost importance as it establishes who the owner of the mortgage and note is. which still falls well after (1) July 19. THE PARENT COMPANY OF SPS IS SWISS BANKING GIANT CREDIT SUISSE AB (TICKER: CS). OUT OF SALT LAKE CITY. 2002. f/k/a Fairbanks Capital as evidenced by the counterfeit assignment ﬁled on (2) December 8. It has become commonplace for courts to allow foreclosure mill attorneys to substitute parties without motion or explanation.Gunn Audit 2012 FRAUD ON THE COURT The preceding page describes how the original court exceeded its jurisdiction by issuing orders in favor of U. UTAH. INC. Based on the information recorded in the New Castle County of Recorder of Deeds.S. The assignment is backdated to September 30. Judges are participating in the Uttering of Counterfeit Securities. attorneys for the plaintiff have misrepresented material facts. Bank and Select Portfolio Servicing. Securitization Report © La Mar Gunn 2012 11 . THE DOCUMENT IS A COUNTERFEIT AND WAS PREPARED BY TWO EMPLOYEES OF SELECT PORTFOLIO SERVICING.
Gunn Audit 2012 Fraudulent Assignments 1 2 CONVICTED/BARRED ROBOSIGNER UNRECORDED ASSIGNMENT *TR U/A 9/01/98 (Home Equity Loan Trust 1998-3) 3 Securitization Report © La Mar Gunn 2012 12 .
Gunn Audit 2012 Illegal Substitution of Parties 1 2 M U S I C A L T R U S T S T R U S T S M U S I C A L 3 4 Securitization Report © La Mar Gunn 2012 13 .
Gunn Audit 2012 AMBAC’S SURETY BOND Securitization Report © La Mar Gunn 2012 14 .
Gunn Audit 2012 AMORTIZATION SCHEDULE EQCC HOME EQUITY LOAN ASSET BACKED TRUST 1998-3 Securitization Report © La Mar Gunn 2012 15 .
Gunn Audit 2012 Continued Securitization Report © La Mar Gunn 2012 16 .
184. o Securitization Report © La Mar Gunn 2012 17 .Gunn Audit 2012 Continued $105.070 0 CURRENT BALANCE Total amount of interest paid to Certiﬁcateholders before EQCC Home Equity Loan Asset Backed Trust 1998-3 was TERMINATED n December 15. 2005.
Securitization Report © La Mar Gunn 2012 18 . As of 12/15/05. 2011. veriﬁed that EQCC 1998-3 was “closed” in a letter dated January 31. U. Ashley Watermelon.S. EQCC 1998-3 ceased to exist as Ambac Assurance advanced the ﬁnal payment to fully indemnify the certiﬁcateholders. Bank representative.Gunn Audit 2012 The PSA and the trust are terminated upon ﬁnal payment of the mortgage loans.
'" SeeMANUEL LOPES v. 2011 Securitization Report © La Mar Gunn 2012 19 . VIERIA.(2) knowledge of falsity (scienter).(4) justiﬁable reliance.S. are perpetrating a fraud on the courts. IRS. or nondisclosure). the IRS. The parties vigorously pursuing collection attempts through sham lawsuits on behalf of EQCC 1998-3 certiﬁcateholders that are non-existent.S. the power of the appointed Trustee. Bank National Association were terminated. and Gunn. concealment. and SEC The above identiﬁed Investor/Remittance Report was submitted to the U. and (5) resulting damage. At that point. Securities and Exchange Commission as having a balance of ZERO. to induce reliance).(3) intent to defraud (ie. U. " `The necessary elements of fraud are:(1) misrepresentation (false representation.Gunn Audit 2012 INVESTOR REPORT Information Reported to Investors.
00 62.10 260. 2005 Previous Balance .088548345 0.234.708.000337960 0.Interest Shortfall/Loss .95 0.568.Losses .Deferred Interest Interest Distributed 4.00 0.00 62.58% 238802.234.40 0.000000000 0.00 0.599.000337591 Securitization Report © La Mar Gunn 2012 20 .Principal Distributed + Principal Accrued (Dfrd Int): Current Balance Using the original Balance of $706.00 Accrual Rate Interest Due .00 238541.568.Gunn Audit 2012 EQCC HOME EQUITY LOAN TRUST 1998-3 Final Payment Date: December 15.00 62.95 0.70 0.568.00 0.000000369 0.95 0.234.
S. EQCC Receivables Corporation would have to endorse the note and mortgage to U. it is an impossibility for SPS and U. Bank have conspired to trick the courts by fabricating evidence and making misrepresentations of material facts. has been defrauded by SPS and their hired guns from Foreclosure Mill Law ﬁrm Eckert Seamans (Dorothy Ann Davis). and recorded with the New Castle County Recorder of Deeds. No such assignment exist. No such assignment exist. Let’s continue for arguments sake. F=FRAUD Based on the information ﬁled with the recorder of deeds and submitted to the SEC. 1998. Bank National Association as trustee would then endorse the note and mortgage into EQCC Home Equity Loan Trust 1998-3 for the beneﬁt of the certiﬁcateholders by the Cut-off date of September 1. in order for SPS to have standing and for there to have been a legal transfer into to EQCC Home Equity Loan Trust 1998-3. Gunn’s title was properly signed. Based on the PSA discussed herein. No such assignment exist. EquiCredit of Delaware would need to endorse the note and mortgage to the Depositor EQCC Receivables Corporation and have recorded such assignment with the New Castle County Recorder of Deeds .S. Bank National Association as trustee. notarized. We need go no further as EquiCredit of Delaware was not an approved originator based on the PSA. Nationsbanc Montgomery and Merrill Lynch would then market and solicit the properly pooled trust certiﬁcates to investors.S. the following would have had to have occurred: Leisa and Robert Johnson signed and delivered a note and mortgage to EquiCredit of Delaware as an Originator. A B C D E F Securitization Report © La Mar Gunn 2012 21 . SPS and U.Gunn Audit 2012 A The ABC’s of Securitized Loans 3 1 2 4 A ? ? ? EFG C B Gunn as the purchaser of record for 201 Cornwell. U. Bank to represent certiﬁcateholders of the subject dissolved trust.S.
2007 Johnson Loan purportedly went into default December of 2000 Delaware Statute of Limitations Buys pool. RoboSigned Assignment going from EquiCredit of Delaware directly into BOGUS TRUST #1 THE ORIGINAL TRUST AGREEMENT 5 EQCC HOME EQUITY LOAN ASSET BACKED CERTIFICATES. 1997 has been satisfied and is not a part of either of the trusts as purported by U. South Carolina 12/15/2005 PAID OFF ZERO BALANCE EquiCredit of DE (IS NOT ON LIST) ©LA MAR GUNN 2012 Securitization Report © La Mar Gunn 2012 22 . EQC of Alabama 3. NA (CUSTODIAN) (TRUSTEE) EQUICREDIT OF DELAWARE A 4 EQCC RECEIVABLES CORPORATION (PURCHASER) (DEPOSITOR) (LENDER) (ORIGINATOR) (Processes & funds loans from a warehouse line of credit) (Has physical custody of all original docs. and Dorothy Davis of Eckert Seamans Cherin & Mellott. SERIES 1998-3 (EQCC 1998-2) 5 Steps including 4 RECORDED assignments needed to prove ownership and legal conveyance into TRUST B U.S. Represents Investors.S. Select Portfolio Servicing. EQC of America 2. and Manages Trust) BALLOON PAYMENT Became due on: December 1. Series 1998-3 The Johnson loan given on November 21. Mississippi 4. and deposits “sells” pool to Trust for Remic-1 Regular Interest etc.Gunn Audit 2012 S E C U R I T I Z AT I O N F L O W C H A R T PROSPECTUS EQCC Home Equity Loan Asset Backed Certiﬁcates. then assigns interest to Underwriter. collects monthy payments for Certificateholders 1 START JOHNSONS (BORROWER) Execute Note & Deed of Trust in favor of lender FLOWCHART LEGEND (1) Path of Note and Deed of Trust (2) Path of Borrower Funds (3) Payments to Certificateholder Certificateholders Are all fully indemnified on 1. California 5. BANK. UTTERING A FORGED INSTRUMENT BREAK IN CHAIN Assignment of Mortgage Recorded on 12/8/04 after Gunn’s purchase in 2003.. 3 EQUICREDIT CORPORATION OF AMERICA (SERVICER) EQUICREDIT OF DELAWARE Gives a mortgage to Robert and Leisa Johnson in the amount of $235. Bank. Pennsylvania 6.000 on 11/21/1997 C 3 YEARS JUDGMENT IS VOID EQUICREDIT CORPORATION OF AMERICA (REPRESENTATIVE) (SERVICER) 2 EQCC RECEIVABLES CORPORATION (DEPOSITOR) AMBAC (INSURANCE COMPANY) ORIGINATORS Authorized under Pooling and Servicing Agreement. HERE Services individual loans. creates Trust.
1998 September 30.849. 1998 Class Mln Cpn Matrurity WAL Price Yield Spread Benchmark A1F A1A 706.850.251 FLT FLT 10/15/29 10/15/29 2.7 100-00 100-00 N/A N/A +23bp LIBOR01M +24bp LIBOR01M Class Fitch N/A N/A AAA AAA S&P Moody Aaa Aaa N/A N/A DCR Cusip 268917EV9 268917EW7 N/A N/A ISIN Common N/A N/A A1F A1A Securitization Report © La Mar Gunn 2012 23 .600 39. 1998 ALL CLASSES September 25. 1998 ACT/360 ALL CLASSES Monthly ALL CLASSES September 1. 1998 September 25.8 2.Gunn Audit 2012 Common Terms Pertaining to the Trust: Issuer Name Ticker Series Amount Lead Manager Co-Manager Pricing Date Settle Date First Record Date First Payment Date First Accrue Date Accrual Type Payment Frequency CUT-OFF DATE EQCC Home Equity Loan Trust EQCC 1998-3 (USD) 745.00 Nationsbanc Montgomery Merrill Lynch September 23. 1998 October 15.
MN 55402 United States Work: 1-212-526-7000 Email: robert. PA 15241 Work: 1-412-566-5953 Home: 1-412-831-7376 Email: email@example.com Securitization Report © La Mar Gunn 2012 24 .com Work:+41-44-332-64-00 TIMOTHY P.Gunn Audit 2012 ACTIVE PLAYERS The Following Individuals are Actively Involved in Concealing the Subject Securities Fraud BRADY W DOUGAN CHIEF EXECUTIVE OFFICER Credit Suisse Group AG Uetlibergstrasse 231 PO Box 700 8070 Zurich Switzerland ROBERT S SHAFIR CEO: Americas Credit Suisse Group AG Uetlibergstrasse 231 PO Box 700 8070 Zurich Switzerland RICHARD K DAVIS CHAIRMAN/PRESIDENT/CEO US Bancorp Work: 1-612-303-0840 Email: richard. PA 15219 Work: 1-612-303-0840 Email: tryan@eckertseamans.LLP 164 Fieldgate Drive Pittsburgh.firstname.lastname@example.org DOROTHY ANN DAVIS FORECLOSURE MILL ATTORNEY Eckert Seamans Cherin & Mellott. RYAN MEMBER/CEO/BOARD OF DIRECTORS Eckert Seamans Cherin & Mellott.LLP 600 Grant Street 44th Floor Pittsburgh.com 800 Nicollett Mall Minneapolis.shaﬁr@credit-suisse.
correct. I have also authored 3 investment related books and been the keynote speaker at more than 100 conferences nationwide. I am a current and active member of the International Association of Financial Crimes Investigators and I have the requisite knowledge and experience to navigate and perform searches via proprietary platforms Bloomberg and ABS Net. both online and at the Bloomberg headquarters in New York city. and as to those claims or facts.Gunn Audit 2012 Affidavit of Truth: La Mar Gunn FRAUD ON THE COURT BY OFFICERS OF THE COURT RE: Subject Property: 201 CORNWELL DRIVE. but it is provided for informational purposes only and is not to be construed as “legal advice. the undersigned will testify to the veracity of his statements: 1. with personal knowledge of matters set forth herein. 2012. I have completed the recommended training and currently receive continuing education through Bloomberg. am a Certified and licensed subscriber to the Bloomberg Professional and Anywhere Service. being of majority in age.” 5. 3. La Mar Gunn. The contents of this affidavit are factual. I. one of the people of California. I have worked on Wall Street for more than 15 years and have easily read more than 10. except as to those matters that are therein made upon information and belief. 2. Pennsylvania. Securitization Report © La Mar Gunn 2012 25 . BEAR. and if called upon as a witness. DE 19701 Trust No 1: EQCC Home Equity Loan Trust 1998-2 Trust No 2: EQCC Home Equity Loan Trust 1998-3 PLEASE TAKE NOTICE that La Mar Gunn. and complete in all material fact. now citizen of Delaware. competent to testify with clean hands declares and verifies that the facts stated herein are true. I researched the Bloomberg online Database to compare information submitted into court records by attorneys at Eckert Seamans Cherin & Mellott of Pittsburgh. in correct public capacity. the undersigned believes them to be true and admissible as evidence in a court of law.000 securitization related documents. not misrepresented and made under the penalties of perjury of the laws of the united States of America and Delaware. On May 11. 4.
070. 2005. 1997 with the Loan Number 6901578. 11.I also filed Complaints (PA: 11-99-05326) with both Attorneys General from Delaware and Pennsylvania. Pennsylvania investigated my Complaint and entered a decision barring Nikole Shelton from ever notarizing another document by immediately revoking her notary license after Shelton admitted to performing unlawful/illegal notarizations. I have received certified copies of the Pooling and Servicing Agreements (PSA) from the U. La Mar Gunn.After a thorough search of both trusts. 10.S.187.S. However.I. In addition to reviewing the loan level data for both of the subject trusts. 2011. hereby further certify that all of the following is true and correct. on November 21. Bank and Credit Suisse have intentionally made misrepresentations of material facts through their counsel and uttered counterfeit securities by providing false testimony in courts in both Delaware and New York. Bank employee Ashley Watermelon. and delivered to me by U. and the same was obtained by my first-hand investigation into this matter. 12. Bank along with its servicer SPS. 13. 15.Trust Number 2 distributed a total of 88 payments to its certificateholders totaling $105. it’s evident that U.U. Watermelon verifies that the subject Trust Number 2 made its final payment on 12/15/05 and is CLOSED. I cannot confirm or deny whether or not Robert and Leisa Johnson signed a Note in Favor of EQUICREDIT CORPORATION OF DELAWARE. This fact is further confirmed in a letter dated January 31. 8. have willfully violated an untold number securities and tax laws. I.Gunn Audit 2012 6. 9. 14. Securities Exchange Commission.S. La Mar Gunn. EQUICREDIT OF AMERICA acted as the servicer for both Trust 1 and Trust 2 identified above.000 cases of fraud against Delaware homeowners. Securitization Report © La Mar Gunn 2012 26 . 7.S. Ms.Based on the information contained in the PSA the subject Trust Number 2 was terminated on December 15. In her letter. Delaware Attorney General Beau Biden did nothing to address the more than 1. A penalty of at least this amount is owed to the IRS for violations of the trust’s Real Estate Mortgage Investment Conduit status. but I have confirmed that the alleged loan was never transferred into either of the subject trusts discussed herein based on documents submitted to the IRS. confirm that I notified the Attorneys General for both Delaware and Pennsylvania as to the criminal fraud being used to completely destroy the integrity of their land records.
17. The third party claims of the aforementioned parties have no legal support and fail as a matter of law and their Complaint should be dismissed with prejudice pursuant to Rule 12(b)(6) of the Federal Rules of Civil Procedure.Gunn Audit 2012 16. but evidence proves otherwise. By ______________________________________ La Mar Gunn/ Bloomberg Researcher FINANCIAL FRAUD INVESTIGATOR International Association of Financial Crimes Investigators Securitization Report © La Mar Gunn 2012 27 .The Plaintiffs lack standing to assert the rights of certificateholders that no longer exist and that were never injured. Counsel for Plaintiffs claim to be bringing an action for the benefit of the certificateholders. 18.The claims being asserted by U. Bank and Credit Suisse/SPS lack any merit.S.I am available for court appearance or via phone for further clarification or explanation. if necessary.
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