Tested mortgage loan fraud in Florida. Here’s the story of actual automobile and also a home loan fraud in Florida foreclosure case. You figure out how to earn cash selling your automobile title many occasions such as the banking institutions do. The foreclosing financial institution in a very home finance loan fraud in Florida court found out exactly the same way within the exact Notice and home loan years in the past by property finance loan securitization. Are both or both equally fraud?
Before the choose in your car fraud situation, the judge asks you, “Did you provide your automobile to ten distinct people today?” You tell him you didn’t market your vehicle, you marketed the helpful fascination by using a copy of your automobile title the best way the banking institutions do for your home loan. The decide finds you have fully commited Florida Fraud by not advertising your vehicle to only one human being, but you utilised an illegal multi motor vehicle title rip-off to earn money illegally from the victims.
In front of the choose in the property finance loan fraud in Florida foreclosure case, the decide asks you for anyone who is at the rear of with your Abbey Mortgages Equity Release Plans property finance loan payments. You inform the decide that the mortgage and note are already compensated in whole. The decide then asks should you paid out from the mortgage loan. No, you did not personally pay back the property finance loan, even so the mortgage was paid out by a third party when the Lender marketed your house loan financial loan by your home loan agreement.
The attorney tells the decide that you choose to defaulted on spending your Be aware and home loan. The legal professional sidesteps the issue that the first lender was paid in comprehensive as stipulated in the initial property finance loan deal with you below neighborhood and federal law, and which the Take note and property finance loan deal ended up paid out and there is no more Be aware or home finance loan. In law it doesn’t make a difference who paid the Observe and house loan, just whether the Lender is paid beneath home finance loan agreement regulation.
You remind the judge of the vehicle fraud circumstance where the judge made the decision that it was car or truck fraud. Now the lender has offered your effective curiosity to a bank or trust and was paid in complete; So, completing your home loan contract with that Lender. Your authentic, paper note and property finance loan is less than Federal UCC, Write-up three. The trustee unlawfully converted the tangible Be aware and mortgage right into a inventory or bond certification under Federal UCC, Write-up 8 without your expertise or consent.
There was no contract While using the new getting entity from you. There was a bogus deal with a different debtor, the Lender, instead of along with you. Below UCC, Article eight, the bank converted your Notice and home loan once again into an intangible electronic structure copies and converted them beneath UCC Post 9, an Intangible counterfeit, beneath 18 USC § 2320, and commenced to assign the useful fascination only of a similar Take note and home loan to 1000s of certificate holders and traders who Every single owned just a portion from the effective curiosity. The lender, trust, trustee, buying lender, and investors also dedicated mortgage loan fraud in Florida the same way you supposedly committed motor vehicle fraud by promoting the exact same Take note and house loan various moments to multiple folks or teams of buyers to make more cash.