CNBC on Securitization Fraud - Who Really Owns Your Mortgage?

November 17, 2019

CNBC on Securitization Fraud - Who Really Owns Your Mortgage?. Mortgage Securitization Analyst Training Webinar with Michael Carrigan, CFA - May 20, 2016

CNBC on Securitization Fraud - Who Really Owns Your Mortgage? video duration 12 Minute(s) 53 Second(s), published by Richie on 30 09 2012 - 19:15:29.

Who Really Owns Your Mortgage? Do You Have a MERS Mortgage? http://www.IsMERSInYourMortgage.com This video contains all the pertinent topics of Learn if Your Mortgage was Securitized on ABSNet, http://www.freemortgageaudit.net.

May 2015 FRM Part 2 training at pacegurus.com by Vamsidhar Ambatipudi on Credit Risk with Guest Speaker Marie McDonnell The Mortgage Securitization Auditor Training Certification Class
Sponsored by Certified Forensic Loan Auditors "CFLA" is An introduction to CFLA's Bloomberg & Securitization Analyst Training
The following topics are discussed: Mortgage Securitization, terminology, and borrower .

Who Really Owns Your Mortgage? Do You Have a MERS Mortgage? http://www.IsMERSInYourMortgage.com

This video contains all the pertinent topics of securitization mortgage fraud, but this topic is to vast for a 12 minute video. The video contains unique positives and negatives. The main positive for me is that the subject of illegal securitization is at least being discussed. But the intricate moving parts of illegal securitization are omitted, which is understandable because of time constraints. But its being talked about and that's a good thing. The glaring negative is the reporter Diana Orlick is clueless when it come to the plight of the average homeowner who was preyed upon by the Gangster Banksters. She insists on making the point that the homeowners who stop making payments on their loans are negligent and therefore is entitled to the unjust results of an illegal foreclosure. I was always told that two wrongs don't make a right. After all with the introduction of MERS into the mortgage industry some ten years ago makes it difficult for a homeowner to know who their real mortgage holder really is, because MERS is a member's only system and this information is not available to the general public, unlike the public recording system of this country, where this information is available to the general public 24/7/365 days a year. Ms Orlick must come to terms with one important fact and that is, a homeowner is never obligated to pay the wrong lender. Our current real estate laws protect the homeowner from this very thing. The guest on this show tries their best to shed light on this very important fact by elaborating on several flaws of illegal securitization and what the ramifications are, but Ms Orlick and the shows commentators are having none of it. One commentator raises and important question regarding the state of his mortgage being current and how securitization will affect his mortgage even though he is current. This question brings up the plight of all homeowners who are current on their mortgages. They too will be faced with the dilemma of not having a clear title on their property even though they did everything right, they will have clouded titles to their property because of the MERS bifurcation. And it doesn't matter if they are current on their mortgage. The fact still remains that MERS has clouded the titles to 70 million plus mortgages in this country and this mistake cannot be reversed. This is what I call \

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