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LOCATION – SPRINGVALE CIVIL ACTION DOCKET NO. RE-09-385
Debra J. Reagan Plaintiff v. U.S. BANK NATIONAL ASSOCIATION AS TRUSTEE ON BEHALF OF SAIL 2006-3 TRUST FUND Et Al Defendant and CitiFinancial , Inc Party In Interest
COUNTERCLAIM NOW COMES the Plaintiff, Debra J. Reagan, and files this COUNTERCLAIM against U.S. BANK NATIONAL ASSOCIATION, in the above mentioned civil action. Pleadings in this case are being filed by Plaintiff In Propria Persona, wherein pleadings are to be considered without regard to technicalities. Propria pleadings are not to be held to the same high standards of perfection as practicing lawyers. See Haines v. Kerner 92 Sct 594. Also see Power 914 F2d 1459 (11th Cir1990), Hulsey v. Ownes 63 F3d 354 (5th Cir 1995) and HALL v. BELLMON 935 F.2d 1106 (10th Cir. 1991)."
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FACTS This plaintiff has asked three (3) times for the defendant to produce the original “wet ink” mortgage loan document. First time was on May 17, 2010 (See Exhibit A). Second time was through USPS Certified mail September 21, 2010 (See Exhibit B). Third time was through a motion to compel filed with this court on November 10, 2010 as well as a demand for the original Deed of Trust/Security Instrument also being requested along with the “wet ink” document (See exhibit C). As of this date, even though the defendant’s lawyers declared that the defendant indeed has the original “wet ink” document, they have refused to produce it for this plaintiff’s inspection (See Exhibit D). And this honorable court, as of this date, has not moved on the plaintiff’s motion to compel to demand that the defendant do so. This honorable court also as of this date, hasn’t moved for a show cause hearing requested by this plaintiff on November 10, 2010 to demand that the defendant not only produce the original documents requested by this plaintiff but to ultimately prove that the defendant is indeed the true holder in due course and has standing to foreclose (See Exhibit E). The reason this plaintiff is demanding for the defendant to produce both the original “wet ink” mortgage note and the original Deed of Trust/Security Instrument is because this plaintiff can prove that the defendant is indeed not the true holder in due course and has no standing to foreclose and has indeed committed frauds upon this court as well as this plaintiff and upon others, as well as attempting theft and extortion upon this plaintiff in trying to acquire this plaintiff’s home through, and while knowingly, willingly and recklessly, committing these frauds. Chief Justice Storey said it best: "You cannot Grant, Vest or Convey that which you are not Granted, Vested or Conveyed." “A party lacks standing to invoke the jurisdiction of a court
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Hilaly’s signature attesting to the trueness of the copy (See Exhibit AA).Y. in an individual or a representative capacity. the fact is that they could not grant/convey something that hadn’t been rightfully granted/conveyed to them in the first place so the defendant has no real interest in this case. If the defendant has the original “wet ink” mortgage loan note and security instrument.2d 224 (2009). 880 N.3d 285-Ohio-4603. And why did Bank of America say that I owe them the money in 2008 and they are going Page 3 of 25 . It is the law’s policy to allow only an aggrieved person to bring a lawsuit. some real interest in the subject matter of an action. why was I paying mortgage payments to Countrywide until 2008 and why was Countrywide calling me and going to foreclose all the way up to February 2009 (See Exhibit J). attested by the original lender’s officer to it being a true copy is because that is all the defendant has. Boyd. The only reason to submit a copy.S. Byrd. If the defendant was allegedly assigned my loan in 2007 (See Exhibit F) (which I was never informed of). Otherwise.unless he has. then why did they submit a copy of the security instrument with a Countrywide/Full Spectrum Loans officer. To establish a prima facie case in an action to foreclose a mortgage. 178 Ohio App. v. Beside the point that MERS had no standing to grant/convey anything of its own accord.” Wells Fargo Bank. Indymac Bank v.E.2d 722 (2008). the defendant would only need to make their own copy from the original that they possess! This is proof that they are lying and they don’t have the original because the original would not have the attestment from the previous bank of it being a true copy on it! 2. 1. The following points will prove that MERS had no rights to grant/convey my mortgage to the defendant as it had been sold into a trust fund 19 months prior and that the defendant is not the true “holder in due course”. Raashed A. 897 N. the plaintiff must establish the existance of the mortgage and the mortgage note.
Page 4 of 25 . 178 Ohio App. when it clearly has been securitized and sold as stock so the original loan note no longer exists (See point #6 on Pg.E. 897 N. And why did Countrywide in 2009 send me a loan modification (See Exhibit J) if Bank of America had already bought them out and the loan had already allegedly been assigned to US Bank in 2007? And how did Bank of America get put onto my State Farm Home Owners insurance in 2006 as 1st Mortgagee when supposedly Countrywide was my mortgagee and Bank of America still had two more years before buying them out? (See Exhibit K). And why did the defendant then assign the loan to themselves again in 2009 (See Exhibit H) of which I was never informed of (Can a bank assign a loan to themselves? Is that even legal? And why would a bank even want to assign to themselves a loan which is. “If plaintiff has offered no evidence that it owned the note and mortgage when the complaint was filed.3d 285-Ohio-4603. it would not be entitled to judgement as a matter of law.2d 722 (2008). Exactly how many banks own my note? There is only one original loan note. 13 months in default? [See Exhibit I]). Only one can do so and only if they possess the original “wet ink” mortgage loan note and the original Deed of Trust/Security Instrument! And since the defendant has not produced the original note and security instrument. Byrd.to foreclose even up to today and sending me correspondence to see if I can qualify for help in my default loan (See Exhibit G). 8 for explanation)? This means that three banks are lying. v. So how is it possible for three banks to all lay claim to it at the same time? Especially. and committing fraud. Now does this honorable court see why the original note instead of a duplicate is much needed in this case? Three banks are using duplicates to justify their standing to foreclose. at the date it was assigned. Wells Fargo Bank. they have not offered any evidence for their claim that they indeed own the originals.
the seller lost control of it. 4. control. They are no longer the real party in interest because now it is the shareholders of the REMIC Trust who own the note. That changed the state of the Negotiable Loan Note because once a loan is converted to stock. they sold their right to enforce. They have been paid in full for the loan. Unbeknown to the borrow (but well known to the lender.5% immediately (instead of over the course of 30 years) by securitizing and selling these loans as stock. They (the bank) are now just a servicer. When my loan got securitized into that trust it became stock.5% the face value of the loan (in a 30 year mortgage loan) over 30 years. when a bank grants a loan (which they don’t loan anything. It states that once an asset is sold. or otherwise foreclose on my property. Once my loan was securitized and sold as stock on Wall Street. Nowhere in my loan papers is it stated that they were going to do this.3.5% face value of my note plus 10% appreciation) and eat it too (getting money from me for the promissory note that they sold). Now. FAS (Financial Accounting Standards) 140 governs the sale and securitization of a negotiable instrument (See Exhibit M). and also make money on the appreciation of the stock because they were allowed to hold up to 10% of the security to qualify as a sale under Financial Accounting Standards. the Gramm-Leach-Bliley Act (See Exhibit L) was introduced which allowed banks to package and securitize their loans onto Wall Street. it forever loses its security. In 1999. traditionally they receive 2. At the signing of the promissory note and Deed of Trust/Security Instrument something very interesting happens. the seller forever loses the ability to control the asset. see next para for details). But when the banks saw that they could receive 1. they pooled their mortgages into a SPV (special purpose vehicle) called a REMIC (Real Estate Mortgage Investment Conduit) Trusts which then got securitized and sold on Wall Street. They can not have their cake (the money from the sale of my note as stock at 1. thus having Page 5 of 25 . So.
thus being unjustly enriched. The Supreme Court of Hawaii in Pacific Concrete Federal Union (Plaintiff) v. see the end of this paragraph) that promissory note becomes a negotiable note in the amount of what the borrower believes the lender is loaning to them. The lender hasn’t put a dime towards this “loan”. Where is the “something of value” from the lender? What has the lender given? Nothing! They created money based upon the borrower’s signature.“superior knowledge”. 1980 says that the bank must produce the the bookkeeping entries with an affidavit or the banks evidence is hearsay. but it was that very same money that Page 6 of 25 . Thus. But yet. The lender then deposits this negotiable note (just like you would a check) into their bank under an account in the borrower’s name which creates a positive deposit in that amount. It is the borrower whose credit/signature has created the money of which the lender deposited into their account and paid the seller with. It is the borrower who has funded the loan. the loan is already paid for by the borrower. They then take that amount of money out of that account (without the knowledge or permission of the borrower) and pay the seller.5% of the face value of the note plus 10% appreciation of the stock. they have made money. In a contract there is supposed to be “I give something of value. and in return you give something of value”. Kauaone (defendant) Appellant No 6362 July 17. thus hasn’t loan anything. Nowhere has the lender ever fronted anything of value towards this contract. One can not enter hearsay in court as evidence. Andrew J. This plaintiff demands that the defendant produces the bookkeeping records that proves that they “loaned” this plaintiff anything and also a witness with first hand knowledge of that actual loan. They then take the promissory note and either sell it to another bank or through a SPV to a REMIC Trust Fund where the note gets converted into stock and they get 1.S. They accepted money from me (my signed promissory note) and then told me (lied) that they loaned me their money.
W. Under the Uniform Commercial Code which governs negotiable instruments (See Exhibit N).my promissory created. And then had the nerve to even charge me interest on it which had to be paid mostly upfront before anything substantial was taken off the principle! I had to pay a sizeable interest on the money created by my signature on a loan that was funded by me to the bank that never put up any capital for it but yet got unjustly enriched by selling the very same promissory note that my signature funded to a REMIC Trust Fund! This not only breaks many state. in trying to collect again without being a real party in interest or the holder and knowing they aren’t is Fraud #1. Abilene Nat. So. 866 N. Peabody. “intentionally created fraud in the factum” and withheld from the plaintiff… “vital information concerning said debt and all the matrix involved in making the loan”. Inc. If the loan has been sold. They got paid for the loan twice already. is subject to being a “real party of interest” or “holder in due course”. the right for a bank to enforce the instrument and to foreclose. 726 S.2d 537. In filing this claim Page 7 of 25 . They had “superior knowledge” and used it without disclosing it to me to get me to contract with them (fraud in factum and fraud of inducement). then the bank can no longer claim that they are a party of interest or the holder. violated Regulation Z of the Federal Truth in Lending Act 15 USC 1601 and the Fair Debt Collections Practices Act 15 USC 1692. They knew this.Y. as is the case of a secured trust.” In Deutsche Bank v. and contract laws but also breaks GAAP (Generally Accepted Accounting Practices) rules which makes the contract an illegal contract. the securitization of the trust and sold as stock and then paid by the appreciation of that stock.S. 1987 it says “Party having superior knowledge who takes advantage of another's ignorance of the law to deceive him by studied concealment or misrepresentation can be held responsible for that conduct. I did not. 5. Bank. v. federal. when making the loan.2d 91 (2008) EquiFirst. In Fina Supply.
securitizes a promissory note and if that promissory note is destroyed or no longer exists (as it is when converted into stock). 492 (1934). by being converted into stock. 43 Ariz. 797 A. ¶ 7. “Mortgage is not a “debt”.2d 32. In other words. you can’t just switch it out because it has become a permanent fixture of the traded asset. they have committed Fraud #2. 6. then the bank loses their right to foreclose. This is called “switch and bait”. it is forever stock. once an asset is registered and traded as part of the security. And this is also why it is so very important for the original “wet ink” mortgage loan note to be produced. See Premier Capital. And since the Deed of Trust/Security Instrument is what gives the bank the right to foreclose and that Deed of Trust/Security Instrument is invalid. a party must be in possession of the note. The trust secures nothing. then the loan has Page 8 of 25 . Once a REMIC is formed. upon the court. or as stock and treated and governed as such. v. This is a permanent conversion. Because a Deed of Trust/Security Instrument. You can not register one thing with the SEC and stock market. 2002 ME 83. This is registered with the SEC. In order to enforce a debt obligation secured by a mortgage and note. But once converted to stock. Once a loan has been converted into stock. Inc. and then after the money is transferred. If it got destroyed. but merely a security for payment of debt”. A negotiable instrument can only be in one of two states when it undergoes securitization. switch out the asset. then that trust is invalid. that promissory note no longer exists. It can be either a loan and treated and governed as such. Doucette.2d 283.knowing that they are not a real party in interest. 34 (describing a note associated with a mortgage as a negotiable instrument). it no longer is a loan. When a promissory note gets converted into stock. its assets (my loan pooled with many others) are declared a permanent fixture to the REMIC. but not both at the same time.Maine vs Clack 33 P.
This means it is settled. the REMIC gets tax credits from the IRS. Because my loan was securitized. it destroyed the note. it is known as double dipping. vs. Throckmorton. 98 US 61. The only way the bank can now try to foreclose on a property is to buy it back from the open market just like any other debt collector does. "Fraud vitiates the most solemn Contracts. In trying to foreclose on this plaintiff’s property knowing this (or should know as it is basic banking and trading practices under GAAP). 65]. They then try to reattach the converted loan to the Deed of Trust/Security Instrument and try to say that they are the real party of interest. Fraud # Five. Because if the loan and the stock exists at the same time (which the defendant’s lawyer admits in Exhibit D). All of this is clearly deceptive trade practices.S. It also breaks the chain of title. Once that happens. The note is gone and paid for. the bank buys it for pennies on a dollar. at pg. They also have committed Fraud # Six. Because only the original promissory note has the legally binding chain of title. the REMIC writes it off. securities fraud. so anything brought into this court as evidence by the defendant and their lawyer is prima facie evidence of counterfeit fraud. And since the debt has been written off and is no more. By reattaching the loan to the Deed of Trust/Security Instrument they have deceived this court and plaintiff by adhesion. the defendant and their lawyer have committed Fraud #3 by submitting false documentation claiming that the Deed of Trust/Security Instrument is valid thus being the real party in interest and holder in due course. When a loan goes into default. Also. count 2 of securities fraud Page 9 of 25 . Fraud # Four. which this plaintiff objects to and both the bank and their lawyer should be sanctioned for fraud by adhesion. documents and even judgments" [U. They also are attempting to steal my home through these fraudulent means which is attempted theft. And double dipping is a form of securities fraud.been paid for.
(As proof by the assignments defendant is using as evidence in this case). The only way the defendant can try to foreclose now is to rely upon the same deceptive practices used by all debt collectors. Debt collectors use deception to convince people (in this case. Since they cannot individually endorse and assign their portion of the loss. The individual shareholders of the REMIC are the real and beneficial interest holders of my promissory note. Notice of Important Rights of the defendant’s November 20. willingly and recklessly committing frauds upon this court and this plaintiff. 7.Once a debt has been written off for tax purposes. A company may sell the asset (my loan) to a debt collector who will do everything in their power to collect on the debt. 5. just as the defendant’s lawyer did in both the letter and the complaint. Notice the bottom of their response letter. because s/he is not the real and beneficial holder of the promissory note. they have to write it off as a bad debt. So this is further proof that both the defendant and their lawyer are well aware and knowingly. 5 states “the name of the original creditor is…”. Page 10 of 25 . this court. And Pg. This is why they need to put a notice that they are attempting to collect a debt on their correspondence (the original creditor doesn’t have to do this). The trustee of the REMIC cannot do it either. the County Record of Deeds and this plaintiff) that they were assigned the debt.in submitting a COPY of a promissory note (security note) that has been sold and converted to stock thus no longer exists. The defendant’s lawyer has also admitted that the defendant is not the original creditor due to their answer to my second demand for them to produce the original “wet ink” mortgage loan note and Pg. 2009 complaint for foreclosure (See Exhibit D). It cannot be collected again. A debt collector is someone who (is not the original creditor) buys an off-setted debt and tries to collect on it. They are only a debt collector now. it is discharged. It states “This communication is from a debt collector”.
Since this plaintiff has shown that my loan was securitized through Exhibit F. Bifurcation has occurred. Sec. Federal Rules of Evidence Rules 1002 and 1003 (See Exhibit O) state that the original document should be produced in court when its terms are material to the argument and that a duplicate is NOT admissible if there is a genuine question raised as to the authenticity of the original or in circumstances that would be unfair to accept the duplicate in place of the original. "… [O]ne cannot obtain a security interest in a lien. thus the Deed of Trust/Security Instrument being separated from the note. violates state law." This is a serious breach of the terms of the Deed of Trust/Mortgage. But if the promissory note points to one party and the deed to a separate party. this plaintiff has given enough proof to not only question the fairness of accepting the duplicate filed in this case of my mortgage note. the assignment of the promissory note without the corresponding Deed of Trust/Security Instrument. 109(b) of Revised Article 9 of UCC which was enacted into law in every state provides in Comment 7. If this is a true fact then both the note and the stock exists at the same time and they are admitting to security fraud. the US Supreme Court ruled that the Deed of Trust/Security Instrument MUST follow the promissory note (See Exhibit P). And since every Deed of Trust/Security Instrument states specifically that it is subject to be applicable to state and federal laws. that is not also coupled with an equally effective security interest in the secured obligation. in that letter from the defendant’s lawyer. Longan. but also has given enough doubt as to whether the original even exists anymore.8. it is proof that the chain of title has been broken. When a party to a contract breaches that contract or changes the terms of Page 11 of 25 . Under Carpenter v. Also. So far. 9. such as a mortgage on real property. then the chain of title is broken. they state that the defendant has possession of the original “wet ink” mortgage loan note.
And since I must give an unqualified acceptance to all the terms of an offer and knew nothing of all this. One of the terms I accepted was for a lender to be the holder in due course of my promissory note. If it is defective. why didn’t they pay taxes. The terms of the Deed of Trust/Security Instrument must be respected in whole and one cannot pick and choose which part to respect and which part to ignore. it would be impossible to track them at the County Record. then it cannot be used to give the lender the “due on sale” clause. With that amount of parties and with these parties changing hands literally daily. so the whole creation of the SPV/REMIC trust fund was fraudulent. thus also changing the holder in due course to someone else other than a lender. So. 10. the bankers got together and created MERS (Mortgage Electronics Registration Systems). (See Exhibit Q). This could be thousands of them.that contract without the other party signing agreement to changing the terms (as happened when the bank securitized my loan and changed it to stock). Banks are now looking at the choice Page 12 of 25 . In creating MERS. Here is the fraud perpetrated on others I mentioned earlier. Nowhere in my loan does it state that the state of my promissory note will be changed and sold as stock. the shareholders of that trust became the true holder in due course. When a loan is changed into stock through the REMIC Trust. the banks could now circumvent county registration fees and not pay taxes. The problem was that because they never actually transferred the note (and if they did. the contract is not binding. hmmm?) as in my case. the transfer took place 19 months later. If the terms of the Deed of Trust/Security Instrument is shown to be in violation of state law. then it too is defective. The banks feel that they will be insulated from this fraud because the mortgages were sold into the SPV/REMIC trust fund as a method of controlling their liability. it makes the contract (promissory note) voidable. This changes the terms of my contract.
MERS is not a real or beneficial party of interest and this has been validated in many Federal court decisions to include MERS themselves in an appeal they filed in Nebraska (See Exhibit Z). they even describe how to get around the fact that they don’t hold the promissory note (they admit that the servicer holds it as well as being the record mortgage holder) by having the servicer’s employees be certifying officers of MERS so there can be an “in house” transfer of possession of the note so that MERS would be considered the note holder for purposes of foreclosure! (See footnotes on page 46 of the MERS Foreclosure Handbook. a recorder. one has to put up the money to fund the loan. This causes several problems. Thus. If MERS can not assign it Page 13 of 25 . banks and lawyers went along with this is just mindboggling and makes them as much of integral part of committing this fraud as MERS. And the fact that mortgage lenders. In fact. Tax Fraud. MERS admits such in their appeal case and handbook. MERS never fronted even a dime for the loan. They do not have the authority to appoint anyone or assign anything to anybody. In this handbook. A recorder is just that. The second problem is MERS recordation is not official. they do not have standing to assign it to anyone else. The first being that to be a beneficiary. The third problem is that MERS is never a true “holder in due course” as the promissory note was never assigned to them. by MERS own words in a foreclosure handbook they made (See Exhibit T).of either tanking the entire portfolio back onto their books at massive losses (it would break the bank) or explaining to the states and IRS why trillions of dollars of taxes were not paid. Exhibit T). In my loan it states that the nominee may appoint one. Fraud #7. Also. The only legally recognized recordation on public record is with the County. MERS functions as a registry much like the County Recorder. But what is unique about MERS is that they are either named as beneficiary or a nominee (See Exhibit R) on the Deed of Trust/Security Instrument.
in this case MERS. When the trustee is being appointed by some party. Thus. SAIL 2006-3 Trust Fund never went to the York County Record of Deeds office and recorded that transfer (once again the break in the chain of title). In March – May 2006. Once stock. 2007. 46 of Exhibit W). as the law and many court cases say that the defendant must have to file suit (See Exhibit S and Appendix C). the Deed of Trust/Security Instrument is made invalid. nineteen months after the promissory note was transferred into the SAIL 2006-3 Trust Fund and seventeen months after the closing date of that fund (See Highlight on Pg. this is considered Felony Land Record Fraud. Once a promissory note is transferred to a trust fund. that is not given the proper authority to do so. Fraud #8. My mortgage lender sold all rights to my promissory note in order for this trust to be created as is evident by the discharge of mortgage dated January 20. The next recording of transfer (of which I was never informed of) was done by MERS to US Bank as Trustee to SAIL 2006-3 Trust Fund on October 16. 2006 (See Exhibit V). my mortgage was pooled (with many other notes) and serviced into a trust fund named SAIL 2006-3 Trust Fund (I was never informed of this transaction)(See Exhibit W). it is securitized and sold as stock. the defendant is not the true “holder in due course” and does not have standing to foreclose. 11. this also casts issue to make the Deed of Trust/Security Instrument defective. In filing an assignment in the County Record where clearly MERS has no right to assign anything and when the Deed of Trust/Security Instrument is invalid or defective. forever stock.to anyone else. then they couldn’t assign it to the defendant. So how is it possible then for a Page 14 of 25 . When we have a situation where state law is being violated through improper assignment. Which means it was not possible for the promissory note to be assigned to that fund seventeen months after the fund closed and when MERS assigned it to US Bank.
" Barnsdall Refining Corn. I was under the impression that I would be doing Page 15 of 25 . I did not know that in signing the Deed of Trust/Security Instrument I was creating a contract to let the lender securitized my note into a trust to be turned into stock. This is not only felony land record fraud.seventeen months later? And then be recorded in a public county record as a mortgage assignment? It is stock.' and entitles party deceived to avoid contract or recover damages. being recorded as a valid mortgage assignment by a party who is not the true holder in due course because the original promissory note is gone and converted into stock and is separated from the Deed of Trust/Security instrument. In fact. Both are a misrepresentation of a material fact.promissory note sold into a trust in March . full and fair disclosure (Real Estate Settlement Procedures Act [RESPA]) and a meeting of the minds or consensus ad idem must be in existence (See Exhibit Q). In inducing me to sign the contract without disclosing this fact (since the lender knew that in telling me this truth. Fraud #9. but not limited to. the filing of an invalid lien against real property or virtually any type of recordable instrument recorded against a property by one without privilege which is untrue. Birnam Wood Oil Co. Fraud of Inducement. "Any false representation of material facts made with knowledge of falsity and with intent that it shall be acted on by another in entering into contract. For a contract to be valid. that I most likely wouldn’t have signed the contract) they committed Fraud #10. 2007 nineteen . So my loan right from the very beginning wasn’t valid and is voidable. constitutes 'fraud. v. and which is so acted upon. but also"disparagement of title". not a mortgage at this point. A "disparagement of title" suit can be pursued with merit in a variety of circumstances including.May 2006 and converted into stock to then reappear and be assigned to US Bank National on October 16. 92 F 26 817. And the lender did NOT disclose this at the signing. 12. This is Fraud in Factum.
Not all mortgages are registered with MERS. alerted homeowners that something just wasn’t right and they should check their documents. Page 16 of 25 . then no one party may lay claim on the promissory note. 14. I have found the following: 1.business with Countrywide for the next 30 years! But unbeknown to me. Why? Because most loan originators don’t use MERS when they don’t intend to sell the servicing rights. even as a debt collector. Well. This too was not disclosed to me at signing and is another misrepresentation of a material fact and 2nd count of Fraud of Inducement. Once an instrument is defective. this plaintiff is no different and I did. If no loan assignment was properly done. So. even that fact is not true. If a promissory note is owned by thousands of parties. Because by law. it cannot be fixed. They knew from the start that they were going to sell my note because MERS is mentioned on page 2 of the security instrument. then the promissory note is defective. A lender cannot simple reverse engineer the title of the Deed of Trust/Security Instrument or promissory note to make it better. They are dramatically different (See Exhibit X). it cannot be used to collect a debt. If no one party can be named beneficiary or lender. thus having superior knowledge. a bank can only keep a loan for a maximum of five (5) years and then must sell it (See Exhibit U). 2006 the notary’s signature of Corey Kowalsky does not match other documents with His/her signature. they can not collect on a defective instrument. 13. The Florida case that exposed that these banks trying to foreclose after securitization had used robo-signers. On the Discharge of Mortgage form filed by MERS on February 2.
Note: Also please see that in one document X2. How can we possibly know which signatures are the real ones (with the exception of the one from the state of Texas for Vargas) of the people purported to have signed my documents? Page 17 of 25 . Also on the above #2 Assignment. Jill Wosnak is different from the signature of the same person on Page 2 of the Certification of Plaintiff (now defendant) filed in this court as evidence in this foreclosure suit.2. On the Assignment of Mortgage filed by MERS to US Bank National on November 2. 2009 the signature of the Vice President of US Bank National. the notary signature Jorge Vargas is not only different from other documents with his signature. What are the chances of these two people’s signatures being different at the same time together. My questions to this honorable court are these: 1. from mine? 4. 3. are the same two people on my assignment. Kimberly Dawson and Jorge Vargas. but is dramatically different from his signature on his application for appointment form which is on file with the Texas Secretary of State (See Exhibit X3). 2007. On the Assignment of Mortgage filed by US Bank National on August 28. These two signatures are also dramatically different from other documents purporting that Jill Wosnak signed it before a notary (See Exhibit X4). I compared Kimberly Dawson’s signature with other documents she allegedly signed and they are different (See Exhibit X2).
(Otherwise. custody. I found all this out with just a wee bit of investigation. to the perpetuation of this fraudulent activity. transmits. with intent to defraud. Couldn’t a knowledgeable law firm such as the defendant’s or even the big. somewhere is lying and perpetrating a fraud on a massive scale here and unfortunately. or has in such person’s control. Title 18 USC § 474 Whoever. and it’s been all over the news media outlets for some time. executes. This means that they blatantly don’t care about committing fraud because they have filed this lawsuit anyways. the defendant and their lawyer are well aware of it. they’ve been hiding in an isolated cave deep in Siberia!). my home is included in all this mess! And since the defendant and their lawyer are including these forged instruments into this court case. And since there have been many court cases showing this fraud (some that includes this defendant). rich bank of US Bank National have found this out as well before entering these fraudulent documents as evidence in order to support their claim of right to foreclose? And since all of these frauds and violations of state and federal laws were done through communications across state lines. How can we give any validity to the attestments of the notaries when. not only the people’s signatures who allegedly came before them don’t match. they are a contributor (at the very least). reproduces. this also falls under the RICO statute of violations (See Exhibit Y). Page 18 of 25 . records. digital. or electronic image of any obligation or other security of the United States is guilty of a class B felony. makes. receives. acquires. but the notaries’ signatures are just as questionable? Someone (Some people). sells. scans. How can such important documents conveying real property have standing of validity with such a wide variety of signatures of the same persons? 3. captures.2. an analog. or possession.
your honor. as well as everyone else’s). I have personally paid over $145. v. 322 U.5% of the face of my loan when they securitized it and sold it as stock. HARTFORD-EMPIRE CO.15. so far. Also. How many more times are they going to get paid for this loan? A loan that not only has been paid several times over. that means they were intentionally destroyed. Three already have (at the same time) in my case. and blatantly thumbed their noses at.00 loan! I have proof that it has been paid in full by the SAIL Trust’s own records (See Exhibit W). They got paid 1. Who knows how many duplicates have been distributed and how many will in the future come knocking at my door saying… “I hold your note and deed. just duplicates. cheated and made a mockery of. state and federal laws. but also is defective and not valid right from the start! In HAZEL-ATLAS GLASS CO. Plus. but I think that this defendant (and parties in interest) have already been paid enough for my loan.000. 238 (1944) it states there is no statute of limitations on fraud. plus the 10% interest plus ME) at the apple? A fourth bite if you include the government bailout! I don’t know about you.S. my money. They have committed many frauds. If the original documents were indeed destroyed when they were securitized and sold as stock.. lied. a second time on the appreciation of that stock and a third time with the government bailout given by President Obama (again. Shouldn’t that act of intentional destruction discharge the obligation to pay? Especially since it means that they got paid for the instrument through the sale of the stock? Why should they then get a third bite (the sale of stock.00 in payments on an $83.000. And they have been doing this over Page 19 of 25 . should this defendant receive a favorable judgment when it is clear that the plaintiff is not adequately protected against loss that might occur by reason of claim by another bank (such as Bank of America as included in Exhibit G) to enforce this duplicated promissory note and security instrument? No one has the original documents. you need to pay me or I’ll foreclose”.
45).544. in their wallet. in May. then maybe they will think twice before doing this again because this court will have set a precedent for others to be able to defend themselves with and it would be very costly for this bank and lawyer (or any other bank or lawyer. Not until MERS became the primary focus for challenges to legal standing in foreclosure courts as reported as the alternative media.15 x3= $458. If the defendant and their lawyer stand accountable where it will be felt the most. They filed this suit full knowing about all this and hoped that neither this court nor this plaintiff was wise to their frauds and misdeeds. “Every system in the mortgage industry can switch MERS registry on or off at will.a period of many years. that even that is not enough as they have already made well over this amount and so once again won’t be punished in any way. then the injured party may sue for treble damages. have the main stream media and the mortgage industry have begun to realize that Page 20 of 25 . because they will not be punished as they lose absolutely nothing as they have already been paid well for this loan. Mr. WHEREAS. CONCLUSION This has to stop your honor! And the banks as well as their lawyers must be held accountable for this and sanctioned. as well) to even attempt doing it again. WHEREAS. WHEREAS.848. treble the amount of the loan the defendant says is due ($152. Arnold said in Mortgage Technology Magazine. to just give me clear title and dismiss this case with prejudice is not enough. WHEREAS. when fraud has clearly been shown to have been committed.” referencing that both the Obama administration and Congressional leaders are aware of this. In this case. I submit. 2009.
Fraud #2 – Knowingly. THEREFORE. fair and appropiate.property records cross the United States have become totally unreliable. willingly and recklessly filing a claim to deceive this court by saying they are the “real party in interest” when they are NOT and know they aren’t. Fraud #1 – Trying to collect on a debt that the defendant knows that they are NOT the “real party in interest” but declaring they are. Page 21 of 25 . 11 Bennett Street in Sanford. It is not to represent that this is a complete list as the plaintiff is not a lawyer and may have missed some other frauds that she is not aware of. with full knowledge of the fraud. along with awarding this plaintiff complete and clear title to my property. that punitive damages be assessed at treble the amount of the loan to each count of fraud. It has taken more than a decade for the courts to recognize that MERS has become a mortgage backfire system leaving clouded titles in over 65 million loans since 1997. LIST OF FRAUDS This is a list of frauds that this plaintiff has found in her opinion has occurred and from her conclusion of the facts. that to show the defendant and their lawyer that the frauds and law violations that they have committed are so impugnant to the fair dealings and practices in law. with deceptive trade practices. and to the sensibilities of this court in bringing forth such a fraudulent suit before it. violations of law and RICO statues and for the attempted theft and for extortion . I request of this honorable court.. Maine and dismiss this case with prejudice plus any other relief this honorable court deems just. WHEREAS. when in truth are only a debt collector. 1. courts across the nation must comply with the law. 2.
Submitting false documentation claiming that the promissory note is valid. Someone else did who isn’t authorized to. Page 22 of 25 . Fraud #9 – 2 counts of Security Fraud . Fraud #7 – Falsely using notary stamps.Reattaching the discharged loan (promissory note) to the deed of trust which is adhesion. then the actual person to whom that notary stamp belongs to didn’t use it. it destroyed the note so this evidence is prima facie evidence of counterfeit fraud. Invalid/forged signatures of bank officials and notary signatures. Fraud #5 .Submitting false documentation claiming that the deed of trust is valid. 4. 8. Fraud #8 . If the signatures are forged. Fraud #6 – 2 counts of submitting false documentation claiming that the assignments of mortgage was valid. 6.Defendant’s lawyer states that defendant is in possession of the “original note” as of September 30. Because my loan was securitized. Fraud #4 . 2010.3.Submitting false documentation claiming that the discharge of mortgage is valid. thus admitting that the promissory note and the stock exists at the same time which is double dipping and securities fraud. Because my loan was securitized. 7. 5. And submitting a copy of the promissory note (which is a security note) after it has been destroyed by being sold and converted into stock and thus no longer exists is security fraud. it destroyed the note and separated it from the deed of trust making the deed of trust invalid so this evidence is prima facie evidence of counterfeit fraud. Fraud #3 . Invalid/forged signatures of bank officials and notary signatures. 9.
Notes. Because these frauds and violations used communications over state lines. Attempted theft of my home through fraudulent means. 4. they have violated Federal RICO statutes. 5 counts. this is considered Felony Land Record Fraud. Fraud #11. Because this defendant threatened me with foreclosure if I didn’t pay them what they say is owed on my loan through filing in court a foreclosure suit even though they know they have no standing to do so and have committed many frauds to accomplish this. financial institute fraud. 15. it separated the deed from the promissory note and in assigning the note without the deed violates state and federal law under Revised Article 9 UCC code Section 109(b) Comment 7. 1. 16. 3. even Page 23 of 25 . Now. In not disclosing material facts and using superior knowledge to get me to enter into a contract. mail fraud. 2 counts of Fraud in inducement. they have committed a felony.10. extortion. engaging in monetary transactions in property derived from specified unlawful activity. 2. In filing an assignment in the County Record where clearly MERS has not right to assign anything and when the Deed of Trust/Security Instrument is invalid or defective. Fraud in Factum. racketeering and 5. In securitizing my note. Fraud #10. the lender committed fraud in factum and fraud of inducement. wire fraud. Circumventing registration fees and taxes by using MERS instead of the County Recorder violates state laws and is tax fraud. 1. 12. Fraud #12 (See note 1) 13. Fraud #13 (See note 1) 14. 17. 11.
” [Whipp v. willingly and recklessly participate in this massive fraud in hopes to be unjustly enriched by this plaintiff. Debra J. hereby certify that a copy of this COUNTERCLAIM was served on April 5. Reagan. to retain the fruits of a bargain induced by such representations. 43 Wis 2d 166]. they took on the liability of what was or was NOT disclosed at the original signing. Iverson. Thus.though the defendant was not the one at the original signing. And because GAAP rules were broken by the original lender. even innocently. is very well aware of all this information I have provided above and has elected to knowingly. the contract is illegal. it made the contract defective and voidable before the defendant bought it. 2011 via US Certified Mail _________________________________________ to : Page 24 of 25 . because it would be unjust to allow one who made false representations. But the whole fact is that this defendant. the fact is. major bank and being in the banking business for a long time. being a big. And have used this honorable court as the vehicle to make it happen. they took over the contract assets and liabilities by buying it and saying that they are now the lender. but recovery is allowed even though misrepresentation is innocently made. This amounts to “caveat emptor” and the onus is on the buyer to have all the information about the contract before buying it! “It is not necessary for rescission of a contract that the party making the misrepresentation should have known that it was false. CERTIFICATE OF SERVICE I. and causing bifurcation. Also. in the irreverseable act of separating the promissory note from the Deed of Trust/Security Instrument.
Reagan Date Signed Page 25 of 25 . 647 US Route 1 Suite C1 BO1 York.Shechtman Halperin Savage. RI 02860 And regular US Postal Mail to: CitiFinancial. Inc. Maine 03909 _____________________________ ____________________ Debra J. LLP 1080 Main Street Pawtucket.
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