{"id":664433,"date":"2012-12-08T02:05:11","date_gmt":"2012-12-08T09:05:11","guid":{"rendered":"http:\/\/www.pressabout.com\/?p=664433"},"modified":"2012-12-08T02:05:11","modified_gmt":"2012-12-08T09:05:11","slug":"mortgage-fruad-examiners-warns","status":"publish","type":"post","link":"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/","title":{"rendered":"Mortgage Fruad Examiners Warns: Beware of the Latest Foreclosure Rescue Service–Securitization Audits"},"content":{"rendered":"

Mortgage Fraud Examiners, the investigative firm who warned the public about the “criminal loan modification trap, useless \u201cforensic loan audits,\u201d the \u201cadministrative process\u201d scam, and \u201cpretender defenders\u201d is now warning homeowners and the public of the latest scam\u2014Securitization Audits.<\/em><\/p>\n

With many homeowners facing foreclosure and looking for help across America, many worthless services have cropped up with such promises as \u201cmortgage elimination\u201d or other foreclosure tactics that in some cases are patently illegal. Now a new and commonly advertised service the \u201cSecuritization Audit\u201d is being pushed.<\/p>\n

A number of companies have been trying to peddle \u201cforensic loan audits,\u201d aka TILA\/RESPA audits, but because knowledgeable homeowners and attorneys know these \u201caudits\u201d are basically useless, the “wolves in sheep’s clothing\u201d have had to switch gears and are now hyping, these basically worthless securitization audits.<\/p>\n

Mortgage Fraud Examiners Founder Storm Bradford explains: \u201cThe supposed reason given for a \u2018securitization audit\u2019 is to determine the true owner of a promissory note. Allegedly, with this information, the homeowner can show a court that the party actually foreclosing on a mortgage is not the actual note owner. But, why pay a securitization auditor when that information is free for the asking. As a courtesy to homeowners they can call us and we\u2019d be more than happy to show them how to find the owner of their note for FREE!\u201d<\/p>\n

Moreover, if homeowners and their legal counsel really had doubts about who had the legal right to foreclose they\u2019d file what\u2019s known as a interpleader action listing everyone who might have a claim, deposit their mortgage payment with the Court, and let the lenders and assignees fight it out. However you never see that, since defaulting homeowners and their counsel really don\u2019t care who has the right to foreclose, so long as it\u2019s not THE bank foreclosing now. It\u2019s just about stalling, and lining the pockets of \u2018pretender defenders. http:\/\/www.veteranstoday.com\/2012\/03\/21\/mortgage-fraud-examiners-warns\/
\n<\/a>
\nThomas K. Plofchan, Jr., an attorney in Sterling, Virginia, who employs the services of Mortgage Fraud Examiners instructs: \u201cUltimately, the only real issue is whether a proper lien has been created with the house as collateral. It is astonishing just how many legal errors, contract breaches, and frauds, can be exposed by a meticulous examination of the mortgage transaction.\u201d<\/p>\n

\u201cMatter of fact, in two recent cases we were able to identify and establish evidence to show the deeds of trust were void. The end result for the homeowners was receiving their respective homes free and clear. So, it\u2019s quite clear, a thorough examination of the mortgage contract is the ONLY proven method to uncover evidence that could affect the validity of the lien.\u201d<\/p>\n

Gregory Bryl, an attorney, who practices in Virginia and Florida, explains: \u201cmost \u2018securitization audits\u2019 that I have reviewed are inadmissible in a court of law; they contain a mere opinion of a layman without personal knowledge (direct experience) as to what happened with a particular mortgage note after closing. In reality, in about 95% of all cases, the information supplied by a \u2018securitization audit\u2019 is either already publically available, or it is unavailable to either the homeowner or the auditor. <\/p>\n

Attorneys Bryl & Plofchan, like many attorneys are exposing securitization audits for what they are–basically worthless. http:\/\/www.nakedcapitalism.com\/2011\/05\/new-homeowner-scam-mortgage-securitization-audits.html<\/a> and http:\/\/mattweidnerlaw.com\/blog\/?s=securitization+audits&search=Search
\n<\/a>
\nBradford concludes: \u201cKnowledgeable attorneys agree that the majority of these \u2018securitization audits\u2019 made by these so-called \u2018certified\u2019 auditors are worthless. The foremost problem is the qualifications of the \u2018auditor.\u2019 Does anyone really believe that taking a class from some private company that allegedly \u2018certified\u2019 them has any credibility? Moreover, these \u2018auditors\u2019 are claiming they\u2019re expert witnesses because they\u2019re \u2018certified;\u2019 well it\u2019s the judge who decides if a witnesses is credible, and without experience with securities\u2014good luck. http:\/\/www.scambusters.org\/mortgagesecuritization.html
\n<\/a>
\n\u201cClearly, the only established procedure for a homeowner to obtain financial compensation or their home free & clear is through an in-depth analysis of the mortgage transaction (contract), to identify legal errors breaches, tortious conduct; and then attacking the loan based on those findings. Regrettably, everything else is just wishful thinking or a scam.\u201d http:\/\/www.wvrecord.com\/news\/233771-quicken-loans-on-losing-end-of-3-million-predatorylending-
\n <\/a><\/p>\n

Mortgage Fraud Examiners
\nPhone: 800-540- EXAM (3926)
\nhttp:\/\/www.mortgagefraudexaminers.com
\n<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mortgage Fraud Examiners, the investigative firm who warned the public about the “criminal loan modification trap, useless \u201cforensic loan audits,\u201d the \u201cadministrative process\u201d scam, and \u201cpretender defenders\u201d is now warning homeowners and the public of the latest scam\u2014Securitization Audits. With many homeowners facing foreclosure and looking for help across America, many worthless services have cropped […]<\/p>\n","protected":false},"author":14960,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"yoast_head":"\nMortgage Fruad Examiners Warns: Beware of the Latest Foreclosure Rescue Service-Securitization Audits - Press About<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mortgage Fruad Examiners Warns: Beware of the Latest Foreclosure Rescue Service-Securitization Audits - Press About\" \/>\n<meta property=\"og:description\" content=\"Mortgage Fraud Examiners, the investigative firm who warned the public about the “criminal loan modification trap, useless \u201cforensic loan audits,\u201d the \u201cadministrative process\u201d scam, and \u201cpretender defenders\u201d is now warning homeowners and the public of the latest scam\u2014Securitization Audits. With many homeowners facing foreclosure and looking for help across America, many worthless services have cropped […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/\" \/>\n<meta property=\"og:site_name\" content=\"Press About\" \/>\n<meta property=\"article:published_time\" content=\"2012-12-08T09:05:11+00:00\" \/>\n<meta name=\"author\" content=\"amicusman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"amicusman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/\",\"url\":\"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/\",\"name\":\"Mortgage Fruad Examiners Warns: Beware of the Latest Foreclosure Rescue Service-Securitization Audits - Press About\",\"isPartOf\":{\"@id\":\"https:\/\/www.pressabout.com\/#website\"},\"datePublished\":\"2012-12-08T09:05:11+00:00\",\"dateModified\":\"2012-12-08T09:05:11+00:00\",\"author\":{\"@id\":\"https:\/\/www.pressabout.com\/#\/schema\/person\/54097e0f2337bffac91919b9d7581343\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.pressabout.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mortgage Fruad Examiners Warns: Beware of the Latest Foreclosure Rescue Service–Securitization Audits\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.pressabout.com\/#website\",\"url\":\"https:\/\/www.pressabout.com\/\",\"name\":\"Press About\",\"description\":\"Press Release Distribution\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.pressabout.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.pressabout.com\/#\/schema\/person\/54097e0f2337bffac91919b9d7581343\",\"name\":\"amicusman\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.pressabout.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7c466c17118c2cf3d43d4ab9e76f35cf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7c466c17118c2cf3d43d4ab9e76f35cf?s=96&d=mm&r=g\",\"caption\":\"amicusman\"},\"sameAs\":[\"http:\/\/www.mortgagefraudexaminers.com\"],\"url\":\"https:\/\/www.pressabout.com\/author\/amicusman\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Mortgage Fruad Examiners Warns: Beware of the Latest Foreclosure Rescue Service-Securitization Audits - Press About","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/","og_locale":"en_US","og_type":"article","og_title":"Mortgage Fruad Examiners Warns: Beware of the Latest Foreclosure Rescue Service-Securitization Audits - Press About","og_description":"Mortgage Fraud Examiners, the investigative firm who warned the public about the “criminal loan modification trap, useless \u201cforensic loan audits,\u201d the \u201cadministrative process\u201d scam, and \u201cpretender defenders\u201d is now warning homeowners and the public of the latest scam\u2014Securitization Audits. With many homeowners facing foreclosure and looking for help across America, many worthless services have cropped […]","og_url":"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/","og_site_name":"Press About","article_published_time":"2012-12-08T09:05:11+00:00","author":"amicusman","twitter_card":"summary_large_image","twitter_misc":{"Written by":"amicusman","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/","url":"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/","name":"Mortgage Fruad Examiners Warns: Beware of the Latest Foreclosure Rescue Service-Securitization Audits - Press About","isPartOf":{"@id":"https:\/\/www.pressabout.com\/#website"},"datePublished":"2012-12-08T09:05:11+00:00","dateModified":"2012-12-08T09:05:11+00:00","author":{"@id":"https:\/\/www.pressabout.com\/#\/schema\/person\/54097e0f2337bffac91919b9d7581343"},"breadcrumb":{"@id":"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.pressabout.com\/mortgage-fruad-examiners-warns-664433\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.pressabout.com\/"},{"@type":"ListItem","position":2,"name":"Mortgage Fruad Examiners Warns: Beware of the Latest Foreclosure Rescue Service–Securitization Audits"}]},{"@type":"WebSite","@id":"https:\/\/www.pressabout.com\/#website","url":"https:\/\/www.pressabout.com\/","name":"Press About","description":"Press Release Distribution","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.pressabout.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.pressabout.com\/#\/schema\/person\/54097e0f2337bffac91919b9d7581343","name":"amicusman","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.pressabout.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7c466c17118c2cf3d43d4ab9e76f35cf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7c466c17118c2cf3d43d4ab9e76f35cf?s=96&d=mm&r=g","caption":"amicusman"},"sameAs":["http:\/\/www.mortgagefraudexaminers.com"],"url":"https:\/\/www.pressabout.com\/author\/amicusman\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pressabout.com\/wp-json\/wp\/v2\/posts\/664433"}],"collection":[{"href":"https:\/\/www.pressabout.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pressabout.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pressabout.com\/wp-json\/wp\/v2\/users\/14960"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pressabout.com\/wp-json\/wp\/v2\/comments?post=664433"}],"version-history":[{"count":0,"href":"https:\/\/www.pressabout.com\/wp-json\/wp\/v2\/posts\/664433\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pressabout.com\/wp-json\/wp\/v2\/media?parent=664433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pressabout.com\/wp-json\/wp\/v2\/categories?post=664433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pressabout.com\/wp-json\/wp\/v2\/tags?post=664433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}