New post We Now have PROOF that Mortgage Loans Were Pledged to Multiple Trusts

From: Timothymccandless’s Weblog [mailto:donotreply@wordpress.com]
Sent: Tuesday, March 13, 2012 7:18 PM
To: tim@prodefenders.com
Subject: [New post] We Now have PROOF that Mortgage Loans Were Pledged to Multiple Trusts

New post on Timothymccandless’s Weblog

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We Now have PROOF that Mortgage Loans Were Pledged to Multiple Trusts

by timothymccandless

From: Charles Cox [mailto:charles
Sent: Tuesday, March 13, 2012 10:38 AM
To: Charles Cox
Subject: We Now have PROOF that Mortgage Loans Were Pledged to Multiple Trusts

From 4closurefraud:

Exclusive Smoking Gun | The Sophisticated and The Scammed IV – It Appears We Now have PROOF that Mortgage Loans Were Pledged to Multiple Trusts

So last night we got word from Virginia Parsons, our friend over at www.deadlyclear.com. She discovered a WAMU loan in a WAMU trust that was ALSO in TWO other WAMU trusts.

Yes, this appears to be a TRIPLE PLEDGED loan.

Well, as we know from experience in the fraudclosure underworld, that if you find an anomaly it usually is not an anomaly.

So what did Lisa decide to do? Well, look for more silly.

Guess what…

Here is what she found after she dumped the tr…

From Lisa

I looked at the SEC filed loan level data for all three trusts and ran a comparison for all the loan numbers that were listed in the 2006 SEC files.

I found a total of 44 loans (including Ginny’s triple pledged loan) and here are the results.

Each of these loans is in two (one is in three) of the following trusts:

WAMU Mortgage Pass-Through Certificates, Series 2006-AR11

WAMU Mortgage Pass-Through Certificates, Series 2006-AR13

WAMU Mortgage Pass-Through Certificates, Series 2006-AR15

Loan Number WaMu Mortgage Pass-Through Certificates, Series 2006-AR
3010064859 11 15
3010002701 11 15
714934858 11 13 15
3010073819 11 13
3010112153 11 13
3010166548 15 13
3010238461 11 13
3010272585 15 13
3010294712 15 13
3010466831 11 13
3010555286 15 13
3010566010 15 13
3010584575 15 13
3010589509 15 13
3010631244 11 13
3010943060 15 13
3010944548 15 13
3011042730 15 13
3062099423 15 13
3062174630 11 13
3062175199 11 13
3062215581 11 13
3062251925 11 13
3062342641 11 13
3062427889 11 13
3062431626 15 13
3062544402 11 13
3062638584 11 13
3062660091 11 13
3062663459 11 13
3062663459 15 13
3062717586 11 13
3062721349 15 13
3062758135 15 13
3062759299 15 13
3062810019 11 15
3062917996 11 13
3062954270 11 15
3063020881 11 13
3063123990 11 13
3063140127 15 13
3063180966 15 13
3063191302 15 13
3063197093 11 13

She ONLY compared these three trusts, for all we know these loans could be in other trusts also.

Is this the final smoking gun we need? How many loans were multiple pledged into numerous trusts?

Can they allow the foreclosure to continue on loans that have been sold multiple times?

So many questions.

More to come as we dig into it.

Reuters is already all over it for us.

timothymccandless | March 13, 2012 at 6:18 pm | Categories: I Have a Plan | URL: http://wp.me/pjHsx-157

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Author: timothymccandless

I have spent most of my professional life helping people who were being taken advantage of by systems they did not fully understand. As an attorney, I represented consumers against predatory lending practices and worked in elder law protecting seniors from fraud. My family lost $239,145 to identity theft, which became the foundation for my seniorgard.onlime and deepened my commitment to financial education. Since 2008, I have maintained a blog at timothymccandless.wordpress.com providing free financial education. Not behind a paywall. Free, because financial literacy should not cost money. I trade with real money using the exact strategy described in this book. My current positions: Pfizer at $16,480 deployed generating $77,900 per year net. Verizon at $29,260 deployed generating $51,000 per year net. Combined: 293% annualized pace. These are my only active positions. Not cherry-picked.

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