Securitization Chain 2

8/7/2019 Securitization Chain 2

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SECURITIZATION CHAIN

Who owns the note?


2/22

Who owns the note?

SECURITIZATION

CHAIN

This fascinating

presentation will

explain what occurs in

the CHRONOLOGY ofthe actual events mean

Real life events is a not

pursuit of what appear


3/22

So here's what happened

Firstcreate the

SPECIAL

PURPOSE

VEHICLE

Second issue

CERTIFICATES

(Bond)

Third

get the

CERTIFICATESARE RATED

Forth

Purchase

INSURANCE or

CREDIT DEFAULT

SWAP

Fifth

Sell the

CERTIFICATES

to theINVESTORS


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Brokers says

I need a

hundred million dollars

in Loans

And here our the

terms of the loans

in CATEGORIES

Because they have

Already created

trenches in the

SPV MEMBERS

So WITHOUT ANY LOANS

may have

Trench A Loans

Trench B Loans

Trench C Loans

Trench D Loans

Z toxic waste Loans

already there


6/22


And whether they

USED THE

Lehman approach

Where they actually attach

a FAKE SPREADSHEET

1. which they refer to in

the documents

2. as being populated

by eight sample data

3. which is to say,

FALSE

Fake List ofMortgage Loans

This Fake

Spreadsheet

will LATERbeREPLACED LATER

withReal Mortgage Loans!

True List of

Mortgage Loans


7/22


Wall Street thenhas this DEMAND

that they made on

Mortgage Brokersand

Loan Originators

Which eventually got to

the point where they

COULD NOT SATISFY

THE DEMAND

SO THE AGGREGATOR

CREATED Their OWNCOMPANIES

THAT WOULD

ORIGINATEMORTGAGE LOANS


8/22

FIRST LOAN APPLICATION

That's why you got

B of A for Lehman

and Lehman

owned by Aurora

So that the

money is still

with theAGGREGATOR

Now they sign a

POOLING OFSERVICE

AGREEMENT and

An ASSIGNMENTAND ASSUMPTION

AGREEMENT

Then they get a

FIRST LOAN

APPLICATION


9/22

Now The Fraud Begins

Now the

AGGREGATOR

funds their OWN Loans

RememberThey are holding the

money from investors

Now They send variousreports which are of

dubious accuracy

Of populating

the data for that

Special Purpose vehicle

Which they

change around at WILL


10/22

M.E.R.S.

Using either MERS

the HITMEN!

WHY?

Because Aggregators

have the RIGHT to go inthere on a PASSWORD

and CHANGE any DATA

they want!!!

Or using their OWNinternal devices to

change Data!

Which Lehman andBear Stearns, Citi and

others Control!


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WHY THEFORECLOSURES?

Questions, why you have in all

foreclosures

Give the appearance of all

these CREATED companies

OUT OFNOWHERE

Trustee servicesForeclosure reconstructs

services

and all his other

companies

They need to funnel

them to make

ensure one thing!!!!


13/22

WHY THEFORECLOSURES?

It rarely happens

That the same property

andthe same borrower

is foreclosed upon

at the same time!!!

By more than one

supposed Pretender

Lender!

They don't

know who OWNS

the loans andthey don't care!!!

All they care about

is MAKING SUREthat

Two people don't

make a claim

On the SAME

PROPERTY at the

SAME TIME

So in order to do that

they had to CREATE thesecompanies that

Outsource providers of

FORECLOSURE SERVICES

Severing companies that

receive 10 - 15% onEACHFORECLOSED MORTGAGE!

10 - 15% on

EACHFORECLOSED

MORTGAGE!


14/22

ROBO SIGNERS

When in fact, as we just

describedway before Wells

Fargo entered the

picture.

The SECURITY was sold

to the investor

Thereby locking in all rights under

the assignment and

assumption agreement

andpooling and service

agreement

BEFORE YOUR LOAN EVER

TOOK PLACE!!


15/22

ROBO SIGNERS

Well back before

securitization,

but that wascalled lawyers

No longer because In

order to make this

happen

They had to FABRICATE

the documents

necessary via

ROBO SIGNERS

They must try and

show that Wells

Fargo, the servicer is

the OWNER of thisloan and nobody else.


16/22

OPERATION OFLAW

So that's a roundabout

way of getting to the point

Why did I say it was

interesting under

Reconstituted MASTER

POOLING and SERVICE

AGREEMENT

And any answer is

YOU CAN'T

EXECUTE ANOTHERDOCUMENT

After the SALE to the INVESTOR

every other document that is in

place is FIXED

Nobody has AUTHORITY to

change them WITHOUT going to

the INVESTOR

And nobody went to the INVESTOR


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Documents

Securitization Chain 2