Re: mortgage trustee fraud
Posted by louie ortiz on 2/23/05
On 7/14/03, So Sick wrote:
> On 6/12/03, craig wrote:
>> i recently lost my home and i feel (as IM sure every one
>> does) that there was foul play at hand. brief overview: my
>> home was being foreclosed on i filed a chapter 13 they sold
>> it anyway the sale was supposed to be rescinded it wasn't
>> they sold it again using old paper work and false filings
>> (1) the attorney for the mortgage CO, hired a trustee
>> a.k.a. themselfs,to handle the sale (2) they received a
>> lift of stay by saying my property was worth 70,000.00 and
>> that i had 210.00 in equity, i have spoken to the appraiser
>> of the property and he said "off the record" that 70,000.00
>> was crazy and not the amount he appraised that i needed an
>> attorney and that i wasn't the owner of the property for
>> some time an expert in the area says 240,000.00 was his
>> opinion minus the 51,000.00 owed leaves me 190,000.00 (3)
>> they used a title report obtained 9/15/01 to sell my home
>> on 12/17/02 it didn't included several things including two
>> leans one rescinded sale or a quick claim deed sale (4)
>> they rescinded the sale from 1/24/02 on 12/19/02 but heres
>> a kicker it was filed under a trustee deed upon sale, it
>> rescinds a sale to the mortgage company, and says its
Hello im louie i happen to have a similar sit. a hand the
realtor in this county handled our home as you claim/the atty
told us, we have a good case. the problem lies at hand that
monetary available funds are depleted due the moving expenses,
motels hotels etc. Our family has lost everything we owned due
to these unscruptulous group of real estate
agents/brokers/notary cronies that claim to help the citizens
of this county. If by chance are you located in calif. & what
county are you in. Your reponse will help us 1-a million to one
to conclude our horrific exp. that we /not wish no family to
these trials of life.
please repond. louie ortiz
>> voiding the prior sale, which would be the 12/17/02 sale. i
>> feel that since i was in court 29 days after the voided
>> sale they couldn't have continued the sale thus breaking
>> the chain right? and we all know they used the old title
>> report because a new one would show i wasn't the owner the
>> last 11 months what do you think? i recently lost my home
>> and i feel (as IM sure every one does) that there was foul
>> play at hand. brief overview: my home was being foreclosed
>> on i filed a chapter 13 they sold it anyway the sale was
>> supposed to be rescinded it wasn't they sold it again using
>> old paper work and false filings (1) the attorney for the
>> mortgage CO, hired a trustee a.k.a. themselves, to handle
>> the sale (2) they received a lift of stay by saying my
>> property was worth 70,000.00 and that i had 210.00 in
>> equity, i have spoken to the appraiser of the property and
>> he said "off the record" that 70,000.00 was crazy and not
>> the amount he appraised that i needed an attorney and that
>> i wasn't the owner of the property for some time an expert
>> in the area says 240,000.00 was his opinion minus the
>> 51,000.00 owed leaves me 190,000.00 (3) they used a title
>> report obtained 9/15/01 to sell my home on 12/17/02 it
>> didn't included several things including two leans one
>> rescinded sale or a quick claim deed sale (4) they
>> rescinded the sale from 1/24/02 on 12/19/02 but heres a
>> kicker it was filed under a trustee deed upon sale, it
>> rescinds a sale to the mortgage company, and says its
>> voiding the prior sale, which would be the 12/17/02 sale. i
>> feel that since i was in court 29 days after the voided
>> sale they couldn't have continued the sale thus breaking
>> the chain right? and we all know they used the old title
>> report because a new one would show i wasn't the owner the
>> last 11 months what do you think?
>
>
> Hello Craig,
>
> I'm sorry to hear of your ordeal. I am going through a
> simuliar type of situation. Could you please tell me if you
> are in California? Is the bank by chance Wells Fargo? Have
you
> had problems in finding an atty to help you?
>
> I have found through my court BS is the facts(even on
> paperwork & filed in court) that there are people in the
> so-called legal system that are buying forced foreclosed
> properties.I was told this by my last atty,after he petioned
> the courts to be removed off case.He told me he along with
> several other atty's have been doing this for over 20 years.
>
> I have recently seen on a letter prepared by my ex-atty's
> paralegal, which was formulated and typed up a couple of
years
> ago explaining the sale price of my deceased relatives
> property. For example:
>
> [1]....it was filed in court as being appraised for
> $220,000.00, even though we NEVER had it appraised.
> [2]....there is supposedly a Equity loan of $150,000.00(which
> is now $152,000.00)and was to be paid off through the
> commercial property sale, except on Wells Fargo's end..they
> claim it never was, the paralegal removed that creditors
claim
> after getting the judges permission and before sending it off
> to the title company. Get this.. after she removed this
Equity
> loan she put her personal name on that list and got paid from
> the title company.
> [3]....so here's how they premeditate their structure of
their
> fraudulent calculation... $ 220,000.00
> ( MINUS) - $ 152,000.00
> ----------------
> THEIR FRAUD OF FIGURES TOTAL $ 68,000.00.
>
> ******A VERY NICE CHEAP PRICE FOR ATTY'S/JUDGES TO BUY AT A
> AUCTION. I was told by the realtors/fraud dept., that this is
> how they, BUY PROPERTIES RIGHT UNDERNEATH YOUR FEET.*********
>
> While knowing that lots in my area are hard to come by, due
to
> an extreme building frenzie that has been going on in my area.
> My neighbor sold their condo (the lots here are zoned for 2
> units per lot & they are going for 3 on alot recently) in ONE
> DAY for $850,000.00 and it was 17 year old condo.
>
> If they steal this property, they are looking at a high
> profit.You tear this house down & build 2 units(cheaply) then
> you sell each one for a easy million.....heck that's enough
to
> make them conduct illegal activity.
>
> They fraudulantly got away with the commercial property
> involved in this hell case of probate.They sold it for
> $645,000.00 then I found out recently they resold that
proprty
> for $3,800,000.00.
>
> [4]....last December 2002, after getting the TOTAL cost to
> bring the account in a favorable state, I paid it,then they
> told me after the fact of accepting my payment, that they
were
> going to still foreclose.BS,is what I told them, I had
> contacted the Commissioners of Realtors/Fraud Dept., they
gave
> me some very valuable info & help.I was told by the
> Realtors/Fraud dept., that this is how they, BUY PROPERTIES
> RIGHT UNDERNEATH YOUR FEET.
>
> Wells Fargo rescinded, never informing me of this,even after
> inquiring about it.
>
> I'm sure every state provides a Commissioners of
> Realtors/Fraud Dept., I should say rather.. I am hoping every
> state has this type of resource/referral for their community.
>
> Have you ever heard/seen the web site of: RIP OFF? If no,
> please check it out.You will also find hundreds of complaints
> regarding this bank foreclosing on peoples properties, even
> when loans were up to date.Even info about a employee telling
> a customer that she worked in the dept. where they are to rid
> of peoples payment records.It has all kinds of scams done by
> Companies & Banks.
>
> All sort of complaints even judicial hanky-panky!(Not enough
> though I personally feel)