>Class action filed in LA against Chase alleging that Chase falsified documents and committed countless acts of fraud in the land record related to assignments created for the purpose of creating the illusion that Chase had the capactity to lift automatic foreclosure stays in US bankruptcy courts.  Utah Attorney General sez no F&*n way to UTAH federal robo-judge David Sam who somehow justified in his mind to rule that Texas trust law trumps Utah trust law in UTAH.   WTF??   David Sam I am and I eat Green Eggs and Ham and my bench is a SHAM.    Bank of America, using its bully foreclosure arm ReconTrust  which is an NA and Utah really does require more than just some Texas incorporated bully corp to be a certified foreclosing entity in Utah..    In the ongoing Fairfax Virginia quiet title, Greg Bryl successfully defeats Onewest motion to Vacate the nullified trust deed...  Congrats to LFA and Greg Bryl for winning a quiet title on a 1.65 million dollar 1st deed of trust....     in Fairfax Virginia.... ALBANY, New York – New Yorks  attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures while saving banks over $2 billion.<   ||    Democrat Eric Schneiderman sued Bank of America(BAC), J.P. Morgan Chase (JPM) and Wells Fargo(WFX) over their use of the Mortgage Electronic Registration Systems, or MERS, claiming the banks submitted court documents containing false and misleading information that appeared to provide the authority for foreclosures when there was none.STORY: Justice Dept. unit to probe mortgage-backed securities  The lawsuit also names the registry operator, MERSCORP of Reston, Va.  Schneiderman claims the MERS system has eliminated homeowners' ability to track property transfers through traditional public records. He said the electronic system now stores that data and is plagued by inaccuracies and what the lawsuit calls "faulty and sloppy document preparation and execution practices."  J.P. Morgan Chase and Bank of America declined comment. There was no immediate comment from Wells Fargo or MERS.   ||    "The banks created the MERS system as an end-run around the property recording system, to facilitate the rapid securitization and sale of mortgages," Schneiderman said Friday. "Once the mortgages went sour, these same banks brought foreclosure proceedings en masse based on deceptive and fraudulent court submissions, seeking to take homes away from people with little regard for basic legal requirements or the rule of law."  MERS was set up by banks to rapidly package and sell mortgages as securities without recording each transaction in county records offices. Complaints allege among other things that homeowners have trouble responding to foreclosure actions and mortgage inaccuracies because MERS makes it difficult to find out who owns the mortgages.  "By creating this bizarre and complex end-around of the traditional public recording system, banks achieved their primary goal — over 70 million mortgage loans, including millions of subprime loans, have been registered in the MERS system and the industry has saved more than $2 billion in recording fees," according to the lawsuit.   ||   
 
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Notes on Babes & Bankers, Part 1

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Corpus Christi Texas Chase Complaint

My wife and I have submitted numerous loan Mod. since 2009 mysteriously coming up with missing forms or pages to close case. Calling customer service and getting a huge run around forward to other dept. until phone line goes dead. Repeatly doing the same thing even when we qualify for programs. We want someone to stop ...

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