Mortgage companies secure financing through the borrower’s signature but often fail to provide full disclosure. Additionally, they typically do not inform signers of promissory notes that they hold a claim to these notes, which possess an intrinsic cash value.
The speaker discusses the truth about mortgages and how we can use the the Mortgage Securitization Audit and Bloomberg Financial Report to enforce our rights and fight forclosure and mortgage fraud. “They insured unsecured notes. MERS became the nominee lender and separated the mortgage from the note. And the Supreme Court said that when the mortgage (deed of trust) and the note are separated, they are null and void.”
