Category Archives: Oppenheim law

What do the following folks ALL have in common. . .Makes you go OH SHIT!!


What does , WJ BRADLEY,PNC MORTGAGE, and COSTA RICA all have in COMMON. . . . .

off the 1-month LIBOR plus 1.20% 400000 11250879 CS First Boston Mortgage 3/17/28 1394100 300000 PNC Mortgage Acceptance Corp., Series 2000 C2, ….. 745830 ——— COSTA RICA – 0.1% 290000 Republic of Costa Rica, 144A,

Morgan Guaranty Trust Company                                  MAILING
500 Stanton Christiana Road                                   INFORMATION
Newark, Delaware 19713-2107

Northeast Freddie Mac Region 5/1 Year Adjustable Rate Mortgage Rate Chart

PNC Financial Services Group Inc. (PNC), the seventh-largest U.S. bank by deposits, declined in New York trading after second-quarter profit missed analysts’ estimates and mortgage-repurchase demands intensified.

PNC paid about $3.47 billion for Royal Bank of Canada’s RBC Bank USA and its related credit-card assets, a transaction that was completed in March. The purchase is expected to add 40 cents to earnings per share for the full year, excluding integration costs, Johnson said in April.

0316288 THE 0146477 OF – Computer and Information Sciences

… FEE 0000230 BANKING 0000229 VEHICLES 0000229 UNDERSTANDING ….. LIFETIME 0000123 LATIN 0000123 INLAND 0000123 HUNTING 0000123 HS …… TEMPLATES 0000001 TEMPLAND 0000001 TEMPING 0000001 TEMPEST …

So you see these numbers and codes?  Well that is similar to what flashes on my computer when I transfer a BPO (Broker price opinion) from Corelogic to well INDIA or where ever it goes?  It’s like my computer is looking for “CODES” through numbers.  I have seen Flashes of Government Documents that go by very quickly.  Things as a REALTOR, I  shouldn’t be seeing over the internet through my computer when I just upload a simple BPO.
Are these numbers that are flashing so quickly, related to LIBOR SCANDAL?
SO what information does CORELOGIC get when a realtor uploads a BPO?  HUMmmmmmmm  and how is CORELOGIC related to DOUGLAS COUNTY PUBLIC TRUSTEE?  Does MERS,INC have anything to do with CORELOGIC?
And here’s my question. . . How does Castle and Stawiarski relate to all of this?
BORN IN THE USA. . . . . WE the PEOPLE know WHERE WE LIVE. . . .
U.S. CONSTITUTION – a highly accessible online version

Article [X]

The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

BRING IT…..WE the PEOPLE are READY. . . . . . . . .

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Filed under OCC complaint, Oppenheim law, PNC BANK

ASSIGNMENT of Mortgage good to KNOW!!

A new report by Oppenheim Law reveals “the Black Magic of Securitized Trusts”. The largest key to REMICs is that they are required to be passive

vehicles, meaning that mortgages cannot be transferred in and out of the trust once the closing date has occurred, unless the trust can meet very limited exceptions under the Internal Revenue Code. I.R.C. §860G. The 90 day requirement is imposed by the I.R.C. to ensure that the trust remains a static entity. However, since the mortgage-backed securities trust controlling documents, the Pooling & Servicing Agreement (PSA), requires that the trustee and servicer not do anything to jeopardize the tax-exempt status; PSAs generally state that any transfer after the closing date of the trust is invalid.

What does that mean to the average homeowner in foreclosure? Check the recordation office and look for the “Assignment of Mortgage” on your property – generally found just before the Notice of Foreclosure is filed with the State if your loan was securitized. Looking through hundreds of these beauties there have been few, if any, that were timely assigned to the trusts. How can you quickly tell if the Assignment of Mortgage has failed to make it timely to the trust?

The Assignment of Mortgage [below] shows a 2006 Trust – and a fraudulent assignment in 2009 – 3 years AFTER the Trust had CLOSED! Not only was it too late – but the Trust could not accept it pursuant to the REMIC of RFMSI 2006SA4 PSA and as further defined in the Oppenheim Law report. Assignments of Mortgage are public documents.

What was not known until very recently, in fact Delaware Attorney General Beau Biden brought it out in his case Delaware v. MERS, lenders generally failed to follow the PSA and properly assign the mortgage loans to the Trusts. In the transcripts that AG Biden cited from In re Kemp, 440 B.R. 624, 626 (Bankr. D.N.J. 2010) (No. 08-18700) (Aug. 11, 2009), an employee for Bank of America responsible for servicing the securitized Countrywide mortgage loans testified under oath that Countrywide did not have a practice of delivering original documents such as the note to the Trust and was not in the habit of endorsing notes at the bottom, but favored allonges that they made as they went along. She further testified that allonges are typically prepared in anticipation of foreclosure litigation, rather than at the time the mortgage loans are purportedly securitized. Both of these facts are contrary to the requirements of the PSA that the note be endorsed in blank and delivered to the trustee at the time of securitization. Thanks to foreclosure defense attorney, Bruce H. Levitt, of South Orange, NJ – Bankruptcy Chief Judge JUDITH H. WIZMUR totally got it! See her Opinion here.

Law Professor Adam Levitin, Georgetown University, describes the conflict the following way in the Oppenheim Law report:

ADAM, thank you SOOOO much for your POSTING!  HUD are you watching . .

BRING IT….. I am Soooooo READY….BRING IT!!





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Filed under Adam Levitin, Compass Bank/ Old Republic, Oppenheim law