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	<title>Comments on: Max Gardner&#8217;s Top Resasons for Wanting a Pooling Servicing Agreement</title>
	<atom:link href="http://blog.ncblc.com/2007/11/05/max-gardners-top-resasons-for-wanting-a-pooling-servicing-agreement/feed/" rel="self" type="application/rss+xml" />
	<link>http://blog.ncblc.com/2007/11/05/max-gardners-top-resasons-for-wanting-a-pooling-servicing-agreement/</link>
	<description>Bankruptcy Litigation &#038; Consumer Rights Blog</description>
	<pubDate>Wed, 19 Nov 2008 03:46:32 +0000</pubDate>
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		<title>By: Marco A. Hunt</title>
		<link>http://blog.ncblc.com/2007/11/05/max-gardners-top-resasons-for-wanting-a-pooling-servicing-agreement/#comment-249</link>
		<dc:creator>Marco A. Hunt</dc:creator>
		<pubDate>Tue, 05 Feb 2008 04:50:47 +0000</pubDate>
		<guid isPermaLink="false">http://blog.ncblc.com/index.php/2007/11/05/max-gardners-top-resasons-for-wanting-a-pooling-servicing-agreement/#comment-249</guid>
		<description>I was reading Mr. Garner's article regarding to 20 Top Reasons for Wanting a "Pooling Servicing Sgreement."

Reasons number 6, 7, 8, 9 10, 11, 12, 13, 14, 18, 19 and 20.

I have few questions: 
Q #1. If there are two Servicers namely the "Master Servicer" and "Primary Servicer", which one is the investor?

Q #2. In order to reach an amendment agreeable to all parties involved (Which this was included in the modifiied loan agreements that never followed through. Not forbearance) they would have to have at first used all possible "loss-mitigation tools first (Which never was used)?

Q #3. If a mortgagtee ask one of her children to assist her in understanding the terms and conditions of everything going on (At the time she was 73 years old with COPD, Diabetes Type2, Emphysema, High Blood Pressure, Asthma and was being severely harassed, caused undue stress and admissions to ER and hospitalization at times.) along with writing letters with her approval, does that her son/daughter have to sign off the house in a short-sale agreement (The agreement was that my mother and I couldn't revisit the events that unfolded. In other words, even though they were WRONG as "two-left shoes" and "crooked as the highway to hell" that they didn't do anything wrong and we don't have the rights to commence any legal remedies or compensation.) EVEN THOUGH his or her name WAS NOT on the mortgage to begin with at origination? Yes you read this right... I had to sign off or I WOULD HAVE BEEN THE CAUSE OF MY MOTHER LOSING HER HOUSE OF 41 YEARS! And now my mother and I cannot pursue them.

My mother and I have written to via email and U.S. Mail and sent proofs to many Conusmer Lawyers... at that time all of this wasn't blowing up like it is now. We even had the Michigan Office of Financial and Insurance Services (OFIS) assisting us. But at times we thought OFIS didn't care until they start finding out that the foreclosure process was ILLEGAL and unethical. I almost forgot... she wasn't given any notices about the sheriff's sale, thus she was blantantly denied her rights on several points here (One of them is "Giving of Notices." Yes, we sent OFIS I believe about a thousand pages of evidence. 
But this is how it ended up... time frame is extremely small, my mother seeks out Reverse Mortgage according to their ads about how it can help her financially and all those testimonials... NOT! So the Mortgage Servicer company's Investor ended up accepting the $33,500.00 a long way from about $80,000.00. Hmm m this much within four months?

So yes indeed, something's definitely stinks in Denmark anytime a LENDER "Recreates" Courts Documents. And thus is the very reasons why this Subprime is such a phenomenally excessive problem and people are getting busted left and right like it's going out of style.</description>
		<content:encoded><![CDATA[<p>I was reading Mr. Garner&#8217;s article regarding to 20 Top Reasons for Wanting a &#8220;Pooling Servicing Sgreement.&#8221;</p>
<p>Reasons number 6, 7, 8, 9 10, 11, 12, 13, 14, 18, 19 and 20.</p>
<p>I have few questions:<br />
Q #1. If there are two Servicers namely the &#8220;Master Servicer&#8221; and &#8220;Primary Servicer&#8221;, which one is the investor?</p>
<p>Q #2. In order to reach an amendment agreeable to all parties involved (Which this was included in the modifiied loan agreements that never followed through. Not forbearance) they would have to have at first used all possible &#8220;loss-mitigation tools first (Which never was used)?</p>
<p>Q #3. If a mortgagtee ask one of her children to assist her in understanding the terms and conditions of everything going on (At the time she was 73 years old with COPD, Diabetes Type2, Emphysema, High Blood Pressure, Asthma and was being severely harassed, caused undue stress and admissions to ER and hospitalization at times.) along with writing letters with her approval, does that her son/daughter have to sign off the house in a short-sale agreement (The agreement was that my mother and I couldn&#8217;t revisit the events that unfolded. In other words, even though they were WRONG as &#8220;two-left shoes&#8221; and &#8220;crooked as the highway to hell&#8221; that they didn&#8217;t do anything wrong and we don&#8217;t have the rights to commence any legal remedies or compensation.) EVEN THOUGH his or her name WAS NOT on the mortgage to begin with at origination? Yes you read this right&#8230; I had to sign off or I WOULD HAVE BEEN THE CAUSE OF MY MOTHER LOSING HER HOUSE OF 41 YEARS! And now my mother and I cannot pursue them.</p>
<p>My mother and I have written to via email and U.S. Mail and sent proofs to many Conusmer Lawyers&#8230; at that time all of this wasn&#8217;t blowing up like it is now. We even had the Michigan Office of Financial and Insurance Services (OFIS) assisting us. But at times we thought OFIS didn&#8217;t care until they start finding out that the foreclosure process was ILLEGAL and unethical. I almost forgot&#8230; she wasn&#8217;t given any notices about the sheriff&#8217;s sale, thus she was blantantly denied her rights on several points here (One of them is &#8220;Giving of Notices.&#8221; Yes, we sent OFIS I believe about a thousand pages of evidence.<br />
But this is how it ended up&#8230; time frame is extremely small, my mother seeks out Reverse Mortgage according to their ads about how it can help her financially and all those testimonials&#8230; NOT! So the Mortgage Servicer company&#8217;s Investor ended up accepting the $33,500.00 a long way from about $80,000.00. Hmm m this much within four months?</p>
<p>So yes indeed, something&#8217;s definitely stinks in Denmark anytime a LENDER &#8220;Recreates&#8221; Courts Documents. And thus is the very reasons why this Subprime is such a phenomenally excessive problem and people are getting busted left and right like it&#8217;s going out of style.</p>
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