Thinking about walking away from my mortgage...need advice...

[Danke]

http://www.freedomsradio.com/

[Dianne]

STOP !!!!! You have no mortgage .... no one has a mortgage. Learn, listen and read !!!

The mortgage company whom you believe loaned you money, never loaned you money. In most or all, they sold your loan on the New York Stock Exchange in the form of pass through certificates before you signed anything.

It is all over the news, and even Obama's corrupt administration has sued the mortgage companies over and over and over again for mortgage fraud, fining them billions of dollars; then bailing them out soon thereafter.

These mafia, aka Fannie Mae, Freddie Mac, Bank of America, Countrywide, Wells Fargo, HSBC, (just to name a few), have sold your signature over and over again, without paying a dime out of their own pocket. Your alleged mortgage was securitized, and pooled with thousands. As long as they have your signature on file, the banksters will continue to sell your note.

They never paid a dime to fund your alleged loan, however; they continue to resell your signature over and over again. At the same time they collect payments from you, and if you don't pay; they then reap insurance benefits from it..... and then they steal your home via foreclosure through a third party debt collector foreclosure mill... Make the pot sweeter... even after they foreclose and steal the home they have been paid 10, 11 times for; without putting up one dime of their own money .... they continue selling your signature in the stock market after foreclosure..

I have seen through Bloomberg screenshots, where the mafia aka the U.S. Government and Bank of America fraudulently sell your signature on a promissory note you signed ten, 20 or 30 years ago on Wall Street today.

Dude, just google the shit... Peeps on this forum must not be paying attention if they don't realize no one in America owns anything. Fraud is King..

Google Fannie Mae Fraud, Bank of America Fraud, Wells Fargo fraud ... Billions have been awarded for securities fraud, but no one has been placed in jail; thanks to crackhead Obama and his crackhead buddy Eric Holder .

All foreclosures taking place in America for the past 7 years have been done so by design, fraud, forgery, manipulation, civil conspiracy .

Besides... Obama has already pledged all U.S. property according to documents filed by the UCC in a Maryland court has pledged all U. S. land and all men with arms and legs to China as collateral for 16 trillion dollars.

You have no mortgage !!!! Keep that in mind.. Anyone trying to collect a debt from you is a junk debt collector.. The banks sold your note umpteen times without putting out one dime of their own money ... When there is no consideration, there is no contract.

[Dianne]

Forgot to mention, I have not paid a so called mortgage payment for 44 months; and no, I will not pay another mortgage payment again.

I discovered through a securitzation audit; that Countrywide (now known as Bank of America), never funded my alleged loan with one dime of their own money; and my alleged mortgage was sold on Wall Street one month before I ever signed it... and it was paid in full before I ever closed on it, and it was sold over and over and over again.... 7 times...

So Countrywide, aka Bank of America took my 303,000 mortgage, selling it 7 times... they made 2,101,000 from my alleged loan (not a dime of their money in this game).

The Judge will tell you, no one is entitled to a free house... well that includes the banks.. they are not entitled to breech of contract, all the while profiting over and over and over again from the signature you gave them as a "blank check" ... they are not entitled to sell your signature over and over, then get the house too !!!!

[Steven Douglas]

The Judge will tell you, no one is entitled to a free house... well that includes the banks..

The question is certainly one of title (entitlement), but not on your part. So that you are not sucked into any judge's lapse from straight jurisprudence, as he delves into his own sensibilities and lay reasoning, is not whether anyone is entitled to any free thing at all. You are not looking for anything free, that is completely off point. Nor are you refusing to pay anyone anything that is rightfully due and owing--as part of any legitimate contract. You are only challenging one particular entity's role as a legitimate party of interest, based strictly on a clear chain of title, with the burden of establishing that chain placed squarely on that party. That's it. The ramifications of that are irrelevant to that question, because the law where chain of title is concerned is abundantly clear.

[headhawg7]

Can Wells produce the note?

This is what I was going to ask.

[QuickZ06]

STOP !!!!! You have no mortgage .... no one has a mortgage. Learn, listen and read !!!

The mortgage company whom you believe loaned you money, never loaned you money. In most or all, they sold your loan on the New York Stock Exchange in the form of pass through certificates before you signed anything.

It is all over the news, and even Obama's corrupt administration has sued the mortgage companies over and over and over again for mortgage fraud, fining them billions of dollars; then bailing them out soon thereafter.

These mafia, aka Fannie Mae, Freddie Mac, Bank of America, Countrywide, Wells Fargo, HSBC, (just to name a few), have sold your signature over and over again, without paying a dime out of their own pocket. Your alleged mortgage was securitized, and pooled with thousands. As long as they have your signature on file, the banksters will continue to sell your note.

They never paid a dime to fund your alleged loan, however; they continue to resell your signature over and over again. At the same time they collect payments from you, and if you don't pay; they then reap insurance benefits from it..... and then they steal your home via foreclosure through a third party debt collector foreclosure mill... Make the pot sweeter... even after they foreclose and steal the home they have been paid 10, 11 times for; without putting up one dime of their own money .... they continue selling your signature in the stock market after foreclosure..

I have seen through Bloomberg screenshots, where the mafia aka the U.S. Government and Bank of America fraudulently sell your signature on a promissory note you signed ten, 20 or 30 years ago on Wall Street today.

Dude, just google the shit... Peeps on this forum must not be paying attention if they don't realize no one in America owns anything. Fraud is King..

Google Fannie Mae Fraud, Bank of America Fraud, Wells Fargo fraud ... Billions have been awarded for securities fraud, but no one has been placed in jail; thanks to crackhead Obama and his crackhead buddy Eric Holder .

All foreclosures taking place in America for the past 7 years have been done so by design, fraud, forgery, manipulation, civil conspiracy .

Besides... Obama has already pledged all U.S. property according to documents filed by the UCC in a Maryland court has pledged all U. S. land and all men with arms and legs to China as collateral for 16 trillion dollars.

You have no mortgage !!!! Keep that in mind.. Anyone trying to collect a debt from you is a junk debt collector.. The banks sold your note umpteen times without putting out one dime of their own money ... When there is no consideration, there is no contract.

Thanks for sharing.

[John F Kennedy III]

If you walk away, can you find a similar place to live at a monthly price less than or equal to your current mortgage payment? Give us more information. Are you struggling to pay the mortgage each month? Do you fear you won't be able to in the future? Or is this purely strategic - getting out of an underwater home at a relatively high interest rate?

If this helps, know that you can get approved for a mortgage 2 years after walking away.

Since when? Is it not counted as a foreclosure? I thought it was 5 or 7 years.

[opal]

How did I miss this thread????

We are currently in mortgage hell too and have been contemplating a land trust thing that makes the hairs on my neck stand up - if to only enlist the services of a trustee lawyer.
We don't want to give up the property (have ducks..chickens.. guinea birds) and hubby has surgery coming up in a couple weeks.
We have not been able to find out where the actual note is on our property (in over a year) either.. have been offered (by the *loan servicing company.. aka loan sharks, not even the mortgage company. a modification that bumped our principal by almost 30K AND started the 30 years over (we did not sign that piece of shit)

Please continue.. I'm hoping to learn more

[Seraphim]

I agree - have them produce the mortgage note and underwritten contract. If they cannot, unleash a hellstorm (heavenstorm...).

The forces of good are strengthening and if you dig deep and persist, justice will prevail.

[presence]

Figure how structurally / mechanically sound the structure is, into your equation. Consider what other debt load you could dump at the same time. Try to fathom what life will be like for a decade with ZERO credit.