Toxic Titles – Following a Loan into a Mortgage-Backed Security

Random Repost Blast from the Past. Going to start off each day with a random repost from the archives…

The Problem of Foreclosure Titles Securitized by MERS

Now, here’s a Power Point Presentation that should be shown to anyone who has a shred of doubt that these banksters are committing  fraud.

It was put together for the Ohio Conference of Community Development by David Weichel.

From the properties of the presentation it was created April 26, 2008.

This presentation created OVER A YEAR AGO TWO YEARS AGO and is one of the best visual aids to understanding securitization that I have come across.

Here is the file…

4closureFraud

1-561-880-LIES
Florida Foreclosure Defense
Law Offices of Carol C. Asbury
www.FightTheBanksNow.com

The Problem of Foreclosure Titles Securitized by MERS

Comments
3 Responses to “Toxic Titles – Following a Loan into a Mortgage-Backed Security”
  1. This excellent presentation should be mandatory reading for any person engaged in mortgage foreclosure defense. Not only is there a toxic mortgage problem accurately depicted. The presentation also demonstrates why securitization eliminates the note holder. No one in the structure of a securitization deal is left with a legal or equitable interest in the mortgage note.

Trackbacks
Check out what others are saying...
  1. […] No referring link 4closurefraud.org/2010/05/29/toxic-titles-following-a-loan-into-a-mortgage-backed-security/ […]



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: