Posted in Foreclosure Defense, Legal News

JPMORGAN CHASE DEPOSITION: VOIDING ENDORSEMENTS, CREATING ALLONGES AND ENDORSEMENTS, THE “SWIRL”

It really comes as a surprise to me that the courts in our nation have turned a blind eye to the machinations of the banking cartels. The foreclosing entities have been allowed to get away with fabricating and forging documents, robosigning, and numerous other criminal activities. They have testified before Congress and explained in detail how they used white-out to change a borrower’s information on loan applications. the Florida Banker’s Association wrote a letter explaining why notes were destroyed. Witnesses have testified in deposition testimony that loan documents were routinely shredded. I have even read stories about creating bonfires using the loan documents from people who were hired to destroy the documents. Yet, with the enormous amount of information in the public domain about these activities, not a single banker has seen the inside of a jail cell.

This article showcases once again what all of us who have been fighting wrongful foreclosures have known.

LIBERTY ROAD MEDIA

Sign and Stamp

Let’s jump in the wayback machine regarding some of the big banks and their robosigning/alteration/forgery/paper terrorism/document-manufacturing for a second before we get into the deposition testimony from a “senior operation specialist” with JPMorgan Chase promised in the headline.

Remember Linda Tirelli’s uncovering of the Wells Fargo document-fixing manual?  LRM covered that here:

CONSPIRACY FACT, NOT THEORY: WELLS FARGO’S MANUAL

From that article:

“In a filing in New York’s Southern District in White Plains for a local homeowner in bankruptcy, attorney Linda Tirelli described a 150-page Wells Fargo Foreclosure Attorney Procedures Manual created November 9, 2011 and updated February 24, 2012. According to court papers, the Manual details ‘a procedure for processing [mortgage] notes without endorsements and obtaining endorsements and allonges.’”

And remember how Linda DeMartini of Countrywide/Bank of America testified in Kemp v. Countrywide that she had never seen a note with an endorsement on the bottom (despite the…

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