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Dianne
06-04-2011, 04:16 PM
If you are unlucky enough to have a mortgage, I have been researching where all the bucks are going when someone is foreclosed on. Once you sign your agreement to pay, your lender immediately sells the loan to someone else, who sells it to someone else, who sells it to someone else that securitizes it... and that's when the foreign investors buy them up. Since 80% of all foreclosures are done fraudulently and with altered documents; who is reaping the rewards? Yep the United Nations and all their buddies. People are being foreclosed on without even having a mortgage:

http://www.bloomberg.com/news/2010-10-08/man-who-had-no-mortgage-faced-foreclosure-anyway-ann-woolner.html

I was researching tonight in the SEC records, and look at Homecomings Financial and GMAC Mortgage and add about 10 alias's, that the US Government (meaning you and I) are the majority shareholder:

Look at all the secret names this LLC GMAC Mortgage aka Ally Financial aka the US Government must use in order to pull off their dirty schemes.

This administration without a doubt wins the most corrupt and dishonest bunch of magots the world could or ever would want to know.

SCHEDULE XI
TO SECOND PRIORITY PLEDGE AND SECURITY AGREEMENT
AND IRREVOCABLE PROXY
INITIAL COLLATERAL VALUE
1) As of April 30, 2008, the carrying value of the U.S. mortgage loans referred to in Section 1(a) of Schedule VI to each of the Security Agreements was $2,063,000,000.

2) As of April 30, 2008, the carrying value of the Canadian mortgage loans referred to on Schedule VI to each of the Security Agreements was $259,000,000.

3) As of April 30, 2008, the carrying value of the government receivables referred to in Section 1(c) of Schedule VI to each of the Security Agreements was $207,000,000.

4) As of April 30, 2008, the carrying value of the servicing advances referred to in Section 2 of Schedule VI to each of the Security Agreements was $763,000,000.

5) As of April 30, 2008, the carrying value of the securities in the Securities Accounts and the securities otherwise included in Section 3 of Schedule VI to each Security Agreement was $242,000,000.

6) As of April 30, 2008, the carrying value of the real property owned by Homecomings Financial Real Estate Holdings, LLC, GMAC Residential Holding Company, LLC, GMAC Residential Holding Company, LLC (the equity interests of which are included in Section 4 of Schedule VI to the Security Agreements) was $512,000,000.

7) As of April 30, 2008, the carrying value of the equity interests of RFC Construction Funding, LLC included in Section 4 of Schedule VI to the Security Agreements was $971,000,000.

8) As of April 30, 2008, the carrying value of the equity interests of Residential Funding Company, LLC, DOA Holding Properties I, LLC and DOA Properties II, LLC included in Section 4 of Schedule VI to each Security Agreement was $42,000,000.

9) As of April 30, 2008, the carrying value of the equity interests of Developers of Hidden Springs, LLC and Hidden Springs Sewer Company, LLC included in Section 4 of Schedule VI to each Security Agreement was $8,000,000.

10) As of April 30, 2008, the carrying value of the equity interests of GMAC Model Home Finance, LLC, KBOne, LLC, LENOne, LLC, GMCMTH, LLC and WPSHOne, LLC included in Section 4 of Schedule VI to the Security Agreements was $974,000,000.

11) As of April 30, 2008, the carrying values of the residential mortgage loans and construction loans securing the Viaduct No. 7 Limited Pledged Note included in Section 5 of Schedule VI to the Security Agreements were $940,000,000 and $107,000,000, respectively.

12) As of April 30, 2008, the carrying value of the residential mortgage loans and transfer certificates securing the GX CE Funding BV Pledged Note included in Section 5 of Schedule VI to the Security Agreements was $1,374,000,000.




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ATTACHMENT I
TO SECOND PRIORITY PLEDGE AND SECURITY AGREEMENT
AND IRREVOCABLE PROXY
PLEDGED EQUITY AND PLEDGED NOTES
Item A. Pledged Shares

Common Stock
Authorized Outstanding % of Shares
Pledged Share Issuer Shares Shares Beneficial Owner Pledged
GMAC Mortgage USA Corporation 3,000 3,000 GMAC Mortgage, LLC 100 %
Ladue Associates, Inc. 100 100 GMAC Mortgage, LLC 100 %
Residential Accredit Loans, Inc. 1,000 1,000 GMAC-RFC Holding Company, LLC 100 %
Residential Asset Mortgage Products, Inc. 1,000 GMAC-RFC Holding Company, LLC 100 %
Residential Asset Securities Corporation 1,000 1,000 GMAC-RFC Holding Company, LLC 100 %
Residential Funding Mortgage Securities I, Inc. 1,000 GMAC-RFC Holding Company, LLC 100 %
Residential Funding Mortgage Securities II, Inc. 1,000 1,000 GMAC-RFC Holding Company, LLC 100 %
GMAC-RFC Australia Pty Limited1 37,350,001 2 37,350,001 5 Residential Funding Company, LLC

Dianne
06-04-2011, 04:25 PM
http://en.wikipedia.org/wiki/Ally_Financial Ally Financial Inc., previously known as GMAC Inc as of December 2010, 73.8% of Ally was owned by the United States Treasury, with the remainder divided between Cerberus Capital Management, General Motors, and other investors.[4]

Well that's a surprise to me, because the government owns nothing.... the people do !!!!! Did Chris Dodd throw in 20 30 million and Obama kick in 100 million and the other crooks called the "government" kick in a few million. Last time I looked, the government has no money ... it uses our money. So if GMAC or any of their alias's begin to foreclose on you or someone you know; it is you foreclosing on yourself