POSTER COMMENTARY:

THIS IS SIMILAR TO THE SCANNING AND SHREDDING OPERATION IN MEXICO BY NEW CENTURY MORTGAGE (AND HOME123 CORP) WHICH WAS SUPERVISED BY DIANA NORIEGA. THE SCANNING AND SHREDDING OPERATION WAS VERIFIED BY A FORMER NEW CENTURY CORPORATE ATTORNEY AND A FORMER VP. THE ENTIRE MORTGAGE LOAN FILE-NOTES/DEEDS (REPLETE WITH THE SSNs OF THE BORROWERS) WERE SENT TO MEXICO TO BE SCANNED AND SHREDDED. NEW CENTURY MORTGAGE DID NOT WANT TO HAVE TO PAY COSTLY MAILING OR SHIPPING OF THE HEAVY PAPER DOCUMENTS SO THAT WAS THEIR SOLUTION. HOWEVER, THIS POSTER BELIEVES IT ALL WAS TO FACILITATE THE MULTIPLE CONCURRENT SALES TO VARIOUS FINANCIAL ENTITIES OF THE SAME LOAN. JUST SELL IT AND SEND THEM THE SCANNED IMAGES OF THE NOTES/DEEDS/MORTGAGES. THE PRACTICE WAS EVENTUALLY STOPPED.
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Wednesday, August 28, 2013

BOMBSHELL REVELATION: ALL WAMU LOAN DOCS WERE UPLOADED TO MERS & DESTROYED
Brenda Reed, August 28, 2013

Where, Oh Where Have the Washington Mutual Bank FA Original Loan Documents GONE? Uploaded to MERS, Then,

Gone to Shredders Every One. When will they ever learn? When will they ever learn?
Remember those big moving trucks being loaded with scores of WAMU loan documents down in the heart of Texas and then transported to Mexico as caught on film by a local TV news group. The saga continues. Today intrepid foreclosure fighter, Dr. James Madison Kelley, provided a copy of the sworn affidavit of WMBFA borrower, Karen Armstrong, to be filed in US Bankruptcy Court in San Jose, California in support of his adversarial proceedings against JPMorgan Chase Bank NA and Washington Mutual Bank FA The revelations may prove to be groundbreaking relative to the locations (or absence thereof) of the true blue-ink original mortgage loan documents, i..e. Notes, Mortgages, Deeds of Trust. Karen Armstrong, stated under oath that in July and August 2013 she had spoken three times by telephone with Chase employee, Ashley Curry, of the Chase Executive Offices concerning the destruction of all the Washington Mutual Bank FA original loan documents after uploading. These conversations took place after Chase Bank assigned Curry to investigate Armstrong's complaint regarding the Independent Foreclosure Review by Rust Consulting. During the course of their conversation Armstrong requested color blue-ink copies of the original loan documents. In a subsequent follow-up telephone conversation Armstrong asked Curry what the status was of her request for colored copies of the original note, deed of trust and the rider that went with this loan. Armstrong learned from Ashley Curry that there was no way that Curry could get colored copies for Armstrong because all the original loan documents were destroyed after being uploaded into the Mortgage Electronic Registration System (MERS). Further more Armstrong learned from Curry that by law, MERS had to give her the documents and that Armstrong request them through the MERS process. This was very confusing to Armstrong because according to my black and white copies of the collateral file MERS is not the beneficiary. Curry stated that it did not matter if Armstrong's loan was associated with MERS because all Washington Mutual Bank, FA original notes, deeds of trust, and other legal documents were destroyed.
So where oh where have all the foreclosures gone? Gone to courthouses and auction blocks nearly everyone . . . When will they ever learn? When will they ever learn?