gjbeckus esq

THE LATEST SCAM – ALERT!!! DO NOT WAIT FOR THE FORECLOUSRE MILLS, SERVICERS OR LENDERS TO GIVE YOU FORECLOSURE DOCUMENTS OR ASSIGNMENTS – THEY ARE NOT GIVING YOU EVERYTHING – ORDER A TITLE SEARCH OR GO TO YOUR COUNTY RECORDER TO SEE WHATS BEEN RECORDED ON YOUR PROPERTY. WE DID AND THIS IS WHAT WE FOUND:

In May 2005 we deposited and invested $200,000 in Real Property, where we recently found out that $118,800 was embezzled out of our property from Mortgage Lenders and Trust Brokerage Companies, namely Goldman Sachs through an escrow Transaction. The $118,800 in funds was paid to these embezzlers from the Investors unbeknownst that the securitization happened by encumbering our property and making up a fraudulent fake Promissory Note and Deed of Trust.

See the link for further information: https://fdaaccount.box.net/shared/a1pjz9sz5c

Or visit my blog at http://bushnellcomplaint.blogspot.com/

Thank you—-
Clint

SOS!!! HELP!!!
HAWAII FORECLOSURE HELP NEEDED

I found your blog extremely informative and helpful.

Let me explain my situation. I hope you can help.

My brother and I purchased a condohotel in Hawaii several years ago (It is not owner occupied. My brother lives in California and I live in NYC) but because of the downturn in the Hawaiian economy we have had to discount it by half to get it rented. This however is far from sufficient to cover our mortgage and other expences.The last payment we made was in August 2009 and we just missed having the property sold at auction. We submited the paperwork they requested and then a week or two later they requested it again which we updated and resubmited. An auction is scheduled for February 12, 2010. They are going to review the documentation we sent them to see if something can be worked out. We have it listed with a local broker for possible short sale

This is a tremendous investment on our part and would hate to let it go but the payments are onerous for us. Do you have any recommendations? How to find someone in Hawaii knowledgeable in how the foreclosure process actually works in Hawaii. i.e find a knowleable lawyer. Is there a way of demonstrating that it might be more expedient to work with us rather than selling for much less at auction or short sale. We asked the local broker in Hawaii for a recommendation and she replied as follows:

“” My co-workers have told me that the local attorney’s are so overwhelmed with all of this “new” scenario that they really don’t know enough to assist clients and hence it is a waste of time and money.”

She further suggested:

“After researching with my co-workers it appears that you probably should contact an attorney on the mainland to get in touch with your mortgage company since they are far more knowledgable about the “short sale” issue and can work with the mortgage company on yours and (brothers )behalf.”

Do you know any attorney’s or anyone knowledgeable about Hawaii practice. I would think you need someone familiar with state law and procedure

We are not sure who gave us the original mortgage but we think it was probably GMAC MTG because my credit report commented that they “transferred or sold” a loan in March 2006 for the amount we owe and it was about that time. GMAC is not on the public record. The public record indicates my brother and I as grantor and MERS as grantee March 24, 2006.

ASC was the party we were sending our mortgage payments and is also the contact for the for the foreclosure. In googling I fouond that ASC is actually Wells Fargo. This is how they describe their involvement:

“America’s Servicing Company (ASC) is a division of Wells Fargo Home Mortgage that services loans for other investors under the America’s Servicing Company name.
The vast majority of America’s Servicing Company mortgages were originated by other lenders, packaged into securities, and sold by those lenders into the secondary market.
As a result, Wells Fargo had no involvement in the origination or underwriting of the vast majority of loans serviced by America’s ”

However the the non-judicial foreclosure was listed as follows:

Beneficary: HSBC BANK USA NATIONAL ASSOCIATION. AS TRUSTEE FOR NOMURA ASSET ACCEPTANCE CORPORATION MORTGAGE PASS-THROUGH CERTIFICATION SERIES 2006-AF2.

HSBC being cited as beneficiary and mortgagee in the foreclosure filing but ASC is the contact in the foreclosure. The address for HSBC and ACS is the same. Except for the foreclosure HSBC and Nomura doesn’t appear anywhere else as far as I know.

This mortgage has evidenly been bundled and from what I understand a payee receives a portion of a payment derived from many underlining loans( isn’t this a “derivative”). I further understand that many defendends in a foreclosure and stated that only the original lender can foreclose etc. Is my understanding correct ?Can you elucidate on this and help us with a possible defense .

The opinions I have received are that the best solution is still a short sale and that trying to force the original lender to produce the note in the words of one respondent belongs to a “twinky” defense theory.

Do you know any lawyer or someone we can contact that is familiar with Hawaii state law and foreclosure procedure. Time is of the essence. Any advice would be greatly appreciated.

Many Thanks.

Paul Z