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To: Louis Foxwell
I just call 'em as I see 'em

Let's not lose sight of the very real possibilty that many of these innovative financial products include the following:

Mail Fraud (state and federal)

Wire Fraud

Multiple FDCPA violations

Multiple state debt collections

Unfair and deceptive acts and and practices under state law

Conspiracy

Money Laundering

Fraud upon the court and/or bankruptcy fraud

Uttering fraudulent documents

Fraudulent conveyance

Slander of title

Financial institution fraud

Securities violations

Identity theft

It appears that (snicker) one or more banks (the servicers and/or trustees) do not have the proper controls in place to keep them from committing one or more of the above acts. If a national bank does not have the proper controls in place it is acting against public policy and against it's charter. It is my belief that such a national bank would be operating ultra vires or without capacity. Any of these issues (violations of law or lack of internal controls) would be SOX violations.

20 posted on 03/03/2011 6:55:57 AM PST by Chunga85 ("Foreclosure Fraud", TARP, "Mortgage Crisis", Bailout)
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To: Chunga85
NC Register of Deeds Jeff Thigpen Takes on MERS, Questions if County is Owed Millions, Titles Compromised

Does anyone who buys one of those foreclosures really get a clear title when they are done paying?

26 posted on 03/03/2011 9:34:32 AM PST by FromLori (FromLori">)
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