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EXPOSED Federal Reserve Doc: Go from paper homeowner instruments to electronic. What fraud?
marinkapeschmann.com ^

Posted on 07/11/2014 6:49:00 AM PDT by Opinionatedtoday

In Legalizing Mortgage Theft? I asked who was behind the push to eliminate paper mortgage instruments and move to an easily manipulated national electronic mortgage registry to the Uniform Law Commission (ULC). ULC is drafting the Home Foreclosure Procedures Act (HFPA).

This is important to ask considering that the Mortgage Electronic Registration Systems, Inc. (MERS) has perpetrated widespread fraud against innocent homeowners through their national electronic registry. If you own a home or live somewhere, this affects you.

MERS, also known as MERSCORP, has been accused of being ground zero of a Racketeer Influence and Corrupt Organizations Act (RICO) fraud enterprise that contributed to the 2008 economic collapse. The mortgage bankers used MERS to commandeer the land records without any legislative approval. “MERS’s system is not an alternative to statutory foreclosure law.” (See: Eleazar Salazar, Bankruptcy No: 10-17456-MM13) Today, the damage continues. MERS has been named as a defendant in countless lawsuits nationwide for illegally foreclosing on homeowners.

Enter the Federal Reserve.

In an exclusively obtained letter from Thomas C. Baxter, Jr., General Counsel and Executive Vice President of the New York Federal Reserve Bank, to William R. Breetz, the Chair of the ULC’S HFPA Drafting Committee, Baxter wrote:

(Excerpt) Read more at marinkapeschmann.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: foreclosures; mers; mortgage; nyfed

1 posted on 07/11/2014 6:49:00 AM PDT by Opinionatedtoday
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To: Opinionatedtoday

In my usual rants about government officials and lamp posts, I have forgotten to include officials from the FED as I failed to include quasi government officials from my commentary.

We are going to need a bigger pile of lamp posts now and a few train loads of piano wire.


2 posted on 07/11/2014 6:54:21 AM PDT by Mouton (The insurrection laws perpetuate what we have for a government now.)
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To: Mouton
To hell with that, we've got plenty of big deserts and I'm sure Caterpillar would loan us a few ‘dozers... economy of scale. I don't think we have enough piano wire or lampposts.

But isn't mentioning the Fed and fraud in the same title redundant?

3 posted on 07/11/2014 7:00:52 AM PDT by RedStateRocker (Nuke Mecca, deport all illegal aliens, abolish the IRS, DEA and ATF.)
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To: RedStateRocker

But isn’t mentioning the Fed and fraud in the same title redundant?

Yeah and at the same time a bit of understatement without the modifier like huge or monumental!


4 posted on 07/11/2014 7:04:12 AM PDT by Mouton (The insurrection laws perpetuate what we have for a government now.)
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To: Mouton

The CFPB, housed in the Federal Reserve, in the name of “consumer protection”, and actually unaccountable to the Congress, is specifically designed to enhance the process of mortgage securitisation by designing all mortgage products, credit products and will use behavior modification of consumers for maximum compliance. The Fed pays for the operation of the CFPB. The CFPB, hidden in the Dodd/Frank Bill, which served as a Trojan Horse vehicle for the CFPB, actually serves as a vehicle accomplishing the management of an entire population of mortgage holders and plain citizens in a form of national receivership for total control and manipulation, linked with all other Executive Branch Agencies for control...such as DHS, IRS, EPA, etc.


5 posted on 07/11/2014 7:21:52 AM PDT by givemELL
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To: Mouton

The CFPB, housed in the Federal Reserve, in the name of “consumer protection”, and actually unaccountable to the Congress, is specifically designed to enhance the process of mortgage securitisation by designing all mortgage products, credit products and will use behavior modification of consumers for maximum compliance. The Fed pays for the operation of the CFPB. The CFPB, hidden in the Dodd/Frank Bill, which served as a Trojan Horse vehicle for the CFPB, actually serves as a vehicle accomplishing the management of an entire population of mortgage holders and plain citizens in a form of national receivership for total control and manipulation, linked with all other Executive Branch Agencies for control...such as DHS, IRS, EPA, etc.


6 posted on 07/11/2014 7:22:02 AM PDT by givemELL
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To: Opinionatedtoday

Garbage in - Garbage out.

New owner’s name in - Old owner’s name out.


7 posted on 07/11/2014 7:30:14 AM PDT by VerySadAmerican (Liberals were raised by women or wimps.)
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To: givemELL

“mortgage securitisation”

Fair flick to see about what happens when the music stops is “Margin Call”

I guess the best way around that one is to not have a mortgage albeit some enterprising crook I am sure can figure away around that by just inputing some 1’s and 0’s into the right data fields.


8 posted on 07/11/2014 8:02:10 AM PDT by Mouton (The insurrection laws perpetuate what we have for a government now.)
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To: Opinionatedtoday

The Fed claims that since they are not a federal agency, they are exempt from FOIA. By doing so, they are admitting that they are subject to federal lawsuit and criminal evidence discovery procedures. So, why hasn’t that tactic been tried? The outright fraud associated with “quantitative easing” alone is grounds for criminal charges.


9 posted on 07/11/2014 8:13:25 AM PDT by Pecos (Kakocracy - killing the Constitution, one step at a time.)
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To: Abathar; Abcdefg; Abram; Abundy; albertp; Alexander Rubin; Allosaurs_r_us; amchugh; ...
Marie McDonnell of McDonnell Analytics, a forensic mortgage analyst, certified fraud examiner, and an expert witness in Becker v. MERS, said: “If the HFPA proposal becomes law, it will make the theft of real estate in America as easy as pushing a button.”



Libertarian ping! Click here to get added or here to be removed or post a message here!

10 posted on 07/11/2014 8:25:55 AM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: Opinionatedtoday

You really think you own that home? Or actually own that land? Nobody in the US has a clear deed to real property. A deed is nothing more than a lease agreement with the state and federal government. Stop paying your taxes for any reason, rub a federal agency the wrong way, violate some obscure EPA, DoA, DEQ, or other byzantine regulation, and you will find out real fast that you have no right whatsoever to own any real property.


11 posted on 07/11/2014 9:01:30 AM PDT by factoryrat (We are the producers, the creators. Grow it, mine it, build it.)
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To: Opinionatedtoday

The thieves have us arguing and at each other’s throats about politics and other stuff while they connive in ways to gain wealth and take our wealth.

The Federal Reserve is highly representative of the powers that take what is ours and give it to themselves and their cronies. We’ve seen it since the 2008 debacle where they feed their own and rob us.


12 posted on 07/11/2014 7:46:55 PM PDT by apoliticalone (Global corporatism is the threat to freedom and rights. They want your sovereignty and politicians.)
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