Frank Waldo

Your Mortgage Documents Might be Fake

by Fraud Stoppers Admin | Jan 28, 2023 | Foreclosure Defense News, Tactics, and Tips

Your Mortgage Documents Might be Fake! Ya think, maybe? MERS alleges to have registered 71 million mortgages. There were likely another 15-20 million “non-MERS” mortgages… Prepare to be outraged. Newly obtained filings from this Florida woman’s lawsuit uncover...

Professional Quiet Title Litigation Package and Foreclosure Defense

by Fraud Stoppers Admin | Jan 24, 2023 | Foreclosure Defense News, Tactics, and Tips

Professional Quiet Title Litigation Package and Foreclosure Defense Recourse What is Quiet Title? I ask this question to get the reader to think about the two faces of Quiet Title. First, Quiet Title is an equitable Cause of Action that many homeowners’ use to...

100-facts-about-mortgage-securitization

by Fraud Stoppers Admin | Jan 21, 2023 | Foreclosure Defense News, Tactics, and Tips

100 INTRODUCTORY FACTS ABOUT MORTGAGE SECURITIZATION 1. Most mortgages in the U.S. are owned by trusts. 2. The trusts are often referred to as “RMBS” trusts, an acronym standing for “residential mortgage-backed securities.” 3. The total U.S. mortgage debt is between...

BANK CAN NOT LEND CREDIT. BANKS CAN ONLY LEND MONEY

by Fraud Stoppers Admin | Jan 20, 2023 | Foreclosure Defense News, Tactics, and Tips

BANK CAN NOT LEND CREDIT. BANKS CAN ONLY LEND MONEY Truth In Lending Act Case Law and Regulation Z Truth in Lending Act was passed to prevent unsophisticated consumer from being misled as to total cost of financing. Truth in Lending Act, Section 102, 15 U.S.C....

Avoid Loan Modification Traps

by Fraud Stoppers Admin | Jan 19, 2023 | Foreclosure Defense News, Tactics, and Tips

Avoid Loan Modification Traps, Pitfalls, and Scams The Business Model of Loan Servicers is to Foreclose on Innocent Borrowers. Securitization is the reason lenders attempt to foreclose on homeowners even when giving them a loan modification is the right thing...