Category Archives: Fannie Mae

MERS: DYING A SLOW, PAINFUL DEATH?

Posted on April 18, 2014 by eggsistense

In a bombshell story about Ginnie Mae and Bank of America–which is a big deal unto itself–Yves Smith brings in the following about MERS (Mortgage Electronic Registration Systems), which is the cornerstone of the securitization fail (Smith quotes Bloomberg): “As … Continue reading →

Posted in Asset Bubble, Bank of America, Debt, Debt Slavery, Everything Is Rigged, Fannie Mae, Foreclosure fraud, Securitization Fail | Tagged Abigail Field, Bank of America, Bloomberg, Fannie Mae, Kemp v. Countrywide, Linda DeMartini, MERS, Naked Capitalism, securitization fail, William Hultman | 5 Comments

BILL BUTLER: FORECLOSURE FRAUD AND SECURITIZATION IN A (VERY PRECISE) NUTSHELL

Posted on March 26, 2014 by eggsistense

Some great articles by Bill Butler at Liberty Law, who knows a thing or two about securitization and foreclosure fraud, as he won one of the first (if not the first) lawsuits over securitization in 1996. Butler has been railroaded … Continue reading →

Posted in Bank of America, Conspiracy, Debt, Everything Is Rigged, Fannie Mae, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, MERS, Uncategorized | Tagged attorney, Bank of America, Bill Butler, Butler Liberty Law, Fannie Mae, fines, foreclosure fraud, quitclaim deed, suspended, Wells Fargo | 5 Comments

FANNIE DOESN’T OWN $#!+–COURTS DON’T CARE

Posted on February 4, 2014 by eggsistense

In a great article headlined “Foreclosure Is Financial Terrorism, Is it also Treason? (Just Who Are We Giving Homes Of Americans to After All?)”, Matt Weidner weighs in on the fact that Fannie Mae admits it doesn’t own the notes … Continue reading →

Posted in Asset Bubble, Bank of America, Debt Slavery, Everything Is Rigged, Fannie Mae, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure, Foreclosure fraud | Tagged China, Fannie Mae, foreclosure, foreclosure fraud, Freddie Mac, Matt Weidner, overlord, wizard | 1 Comment

2013 THEME: EVERYTHING IS RIGGED (AND ORWELL WAS OFF BY 29 YEARS)

Posted on December 28, 2013 by eggsistense

Matt Taibbi summed up 2013 before the year was even half over with his brilliant story “Everything Is Rigged: The Biggest Price-Fixing Scandal Ever“: “Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons … Continue reading →

Posted in Asset Bubble, Bank of America, class war, Conspiracy, Debt, Debt Slavery, Fannie Mae, Federal Reserve, Financial Terrorism, Foreclosure, Foreclosure fraud, MERS, Police State, US Bank, Washington | Tagged 2013, Bank of America, Barbara Bratton, Cyprus, Edward Snowden, Elizabeth Warren, George Babcock, gift cards, Glaski, Glenn Greenwald, Independent Foreclosure Review, Janet Tavakoli, JP Morgan Chase, Matt Taibbi, Merrill Sherman, MERS, National Mortgage Data Repository, Nelva Gonzales Ramos, Nueces County, Pope Francis, us bank | 1 Comment

IS THERE EVEN A “NOTE HOLDER” TO PAY?

Posted on December 3, 2013 by eggsistense

Reaction to a post at Living Lies today in which Neil Garfield said: “If the owner can’t be known, are we really saying that the borrower still owes the money on the fictitious debt that was described in ether note … Continue reading →

Posted in Debt, Fannie Mae, Foreclosure, Foreclosure fraud, MERS | Tagged Bank of America, Carpenter v. Longan, endorsement, Fannie Mae, Kemp v. Countrywide, Kirby v. Bank of America, Living Lies, MERS, Michele Sjolander, negotiation, Neil Garfield, note holder, possession, promissory note, Recontrust, transfer | 2 Comments

FANNIE MAE OWNS NOTHING–FANNIE MAE PDF

Posted on October 10, 2013 by eggsistense

Reader and fellow Fannie fighter P Nach submitted this PDF of a Fannie Mae document which contains-right on page one– the statement that “The mortgages that back a Fannie Mae MBS are held in a trust on behalf of Fannie … Continue reading →

Posted in Debt, Fannie Mae, Financial Terrorism, Foreclosure | Tagged Fannie Mae, foreclosure, foreclosure fraud, fraud, paper terrorism | 3 Comments

THE ADMISSION FANNIE MAE DOESN’T WANT YOU TO SEE

Posted on October 8, 2013 by eggsistense

In researching my own lawsuit against Fannie Mae, I ran across this stunning statement on a publicly-available Fannie Mae website (otherwise I wouldn’t have found it): “The mortgages that back a Fannie Mae MBS are held in a trust on … Continue reading →

Posted in Fannie Mae, Financial Terrorism, Foreclosure | Tagged Fannie Mae, foreclosure fraud, Google, mortgages, pools, Scribd, securitization, trusts | 13 Comments

FANNIE MAE: “WE ARE NOT A CREDITOR” UNDER TILA

Posted on August 20, 2013 by eggsistense

Last night I saw an incredible Facebook post by the Property Defense Network. It was a link to a Fannie Mae “Lender Letter” that I at first didn’t see the date on and therefore assumed it was new. The “Lender Letter” … Continue reading →

Posted in Fannie Mae, Foreclosure | Tagged Facebook, Fannie Mae, FNMA, Lender Letter, pass-through certificate, pools, promissory note, Property Defense Network, servicer, TILA, trust, trustee, Truth in Lending | 3 Comments

CALLING OUT THE JUDGES: AMICUS BRIEF IN MARTINS V. BAC

Posted on August 19, 2013 by eggsistense

Recently became aware of this amicus curiae brief (link at bottom of this post) in the appeal of the case of Ashley Martins v. BAC Home Loans Servcing, LP; Federal National Mortgage Association (appeal # 12-20559). I wrote about this horrible appellate … Continue reading →

Posted in Fannie Mae, Foreclosure, MERS | Tagged 5th Circuit, amicus curiae, Ashley Martins, David Rogers, Fannie Mae, Federal National Mortgage Association, Fifth Circuit, foreclosure, foreclosure fraud, MERS, statutory law, Texas | Leave a comment

BANKSTER VS. DEADBEAT: “Deadbeat” clear winner!

Posted on July 17, 2013 by eggsistense

Hat tip to Robert Tuna Townsend (a Facebook friend) for this. Great talking points for shutting down the inevitable “but you didn’t make your payments and just want a free house” argument.

Posted in Fannie Mae, Foreclosure, MERS | Tagged bailout, Bankster vs. Deadbeat, dog doo, felony, foreclosure, foreclosure fraud, Goldman Sachs, Market Ticker, MBS, MERS, perjury, Robert Tuna Townsend, robo-signing, securitization | Leave a comment