If you know that you have not been paying your mortgage, at the monthly contractural price that you signed for, who cares who owns the paper. You know that you haven't paid your debt, and the holder of the paper can assert the rights that you originally agreed to.
The language that you signed up for is to promise to pay XYZ, “or their assigns, or successors”.
the holder of the paper can assert the rights that you originally agreed to.
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NEGATIVE , MUST BE Holder and Owner ,,, just holding doesn’t give standing.. especially when it is public record that the “holder” paid nothing for the notes .. no consideration=not a valid sale ,, no standing ..
TRY AGAIN with a valid argument.
who cares who owns the paper.
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OK THEN , I will file foreclosure on you with faked documents stating I own the note and you haven’t paid me.. the courts will accept everything I say as fact and you will be in the street in 30 days.. sounds fair to me.
What can you contest ,, ownership transfer of the notes aren’t documented , you certainly can’t show cancelled checks made out to me ..
Assuming you pay off your mortgage ... how many people are receiving a RECORDED SATISFACTION stating that it’s paid off? NOBODY !! because the banks CAN’T ISSUE ONE , They no longer own SQUAT. I know of people that have paid off mortgages who were foreclosed upon by other 3rd parties who claimed to own the note. HAPPENS DAILY with the mess the banks created with their FRAUD.
The language that you signed up for is to promise to pay XYZ, “or their assigns, or successors”.
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YES and the notes were sold (read as “Paid in Full”) to Wall Street who then consolidated the income streams to make a security (the mortgages no longer exist at this point).
When no “ASSIGNS or SUCCESSORS” are able to be proven as the note was paid/destroyed and no assignments , assumptions or sales EVER took place and are not documented and nobody can show with a simple receipt that a sale took place ... To whom do you make your payments? Whoever it is CAN NEVER GIVE YOU A “SATISFACTION” in return when you make that last payment ...