Author Topic: Suntrust Mortgage Scandal  (Read 20738 times)

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citizensscience

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Re: Suntrust Mortgage Scandal
« Reply #103 on: March 10, 2018, 06:51:04 AM »
Are you concerned SunTrust may have "Double-Pledged" your home with the Federal Home Loan Bank and or elsewhere??

Politely email SunTrust Chief Risk Officer and former SunTrust Mortgage CEO, Mr. Jerome Lienhard and inquire.






SunTrust Scandal, Jerome Lienhard, SunTrust Bank
« Last Edit: March 10, 2018, 06:58:50 AM by citizensscience »
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citizensscience

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Re: Suntrust Mortgage Scandal
« Reply #102 on: March 09, 2018, 01:13:09 PM »
SunTrust Scandal


SunTrust Bank on “Liquidity” and the Federal Reserve Discount Window…  Circa 2010...





SunTrust Bank, SunTrust Mortgage, SunTrust Scandal
« Last Edit: March 09, 2018, 10:34:11 PM by citizensscience »
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citizensscience

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Re: Suntrust Mortgage Scandal
« Reply #101 on: March 09, 2018, 10:11:03 AM »

Here is what Rob Bryan doesn't want Homeowners to know -

https://youtu.be/RJjmnAlkl6g

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citizensscience

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Suntrust Mortgage Scandal
« Reply #100 on: March 09, 2018, 09:17:25 AM »
Meet "Receipt" Rob... 

A former Charlotte, NC House of Representative Lawmaking "Lawyer" that doesn't think you need your "Canceled" Promissory Note upon final payment...

A lawmaker that took measures to prevent you from ever getting the "Receipt" (canceled promissory note) for your home, after perhaps 30 years of paying…

For many families, a home is their largest single purchase, why would Rob Bryan change the law after you signed your mortgage and allow the banks to not provide your family with your "Receipt" of payment?

Did you know unless you have the original wet ink promissory note back in your possession (receipt) you still owe the money!







Every homeowner has a vested interest in getting possession of their mortgage receipt after payoff. 

Rep. Rob Bryan saw fit the banks only needed to release your security instrument securing the collateral, known as the Deed of Trust. 

Meaning you still owe the money, as many notes are endorsed in "Blank" thereby, becoming bearer paper.

Is your promissory note "Double-Pledged" at the Federal Home Loan Bank rather than at home in your filing cabinet?

Do you have your "Canceled" Note?





https://youtu.be/RJjmnAlkl6g
« Last Edit: March 09, 2018, 10:41:52 AM by citizensscience »
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ChrisK

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Re: Suntrust Mortgage Scandal
« Reply #99 on: March 09, 2018, 08:08:51 AM »
All out here: I am not with SunTrust, but New Century and Ocwen. My 10 year battle is climaxing right now March 19, 2018, in the appeals court from the Magistrates hearing, for the fifth time. Same issue, different players. These hearings are pointless, because they have no authority or proper experience to mitigate this issue properly. New Century was in bankruptcy when they said they were working on their behalf. Rubbish! Anyone here with "education" on this matter please contact me, ASAP. The clock is running for me. chrisk210@netzero.net This is happening to thousands of people right here in NC....Thanks

citizensscience

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Suntrust Mortgage Scandal
« Reply #98 on: March 08, 2018, 07:56:57 PM »
SunTrust Scandal


Date: March 8, 2018 at 7:45:03 PM EST
To: Jerome Lienhard <jerome.lienhard@suntrust.com>, jadams@mcguirewoods.com, abrackett@mcguirewoods.com, rcullen@mcguirewoods.com, joe.smith@mortgageoversight.com, jsmith@poynerspruill.com, Mark Chancy <Mark.Chancy@SunTrust.com>

Cc: bill.rogers@suntrust.com, jorge.arrieta@suntrust.com, margaret.callihan@suntrust.com, anil.cheriyan@suntrust.com, aleem.gillani@suntrust.com, susan.johnson@suntrust.com, ellen.fitzsimmons@suntrust.com, dorinda.smith@suntrust.com, jackie.ballos@suntrust.com, dave.vanaken@suntrust.com

Subject: Charades, Shareholders and SunTrust -


Mr. Chancy -

Help people understand why SunTrust Bank would slash Shareholder dividend payments to .1C  per share and utilize enterprise capital to "Advance" payments to cover delinquent borrowers mortgage loans?

Why does SunTrust place delinquent borrowers above it's invested Shareholders??









SunTrust Mortgage, Wells Fargo, SunTrust Bank, SunTrust Shareholder,
« Last Edit: March 08, 2018, 08:47:32 PM by citizensscience »
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citizensscience

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Arthur Levitt, Chairman SEC on the “Next Scam”
« Reply #97 on: March 08, 2018, 11:51:03 AM »
SunTrust Scandal and the "Lost Note Affidavit" Fraud -

Arthur Levitt, Chairman of the Securities and Exchange Commission was right - It takes 10 years for a major financial fraud scheme to be exposed to the nation….


Borrower catches SunTrust Mortgage "Double-Pledging" his property. 

With SunTrust utilizing his loan as collateral on the books of both SunTrust Bank and SunTrust Mortgage simultaneously.

In simple terms it's like a person having a vehicle paid for, free and clear - title in hand.  You go to Wells Fargo and borrow $10k on your vehicle that is worth $12k, the bank retains your title as security interest in the loan. 

Next you call the Department of Transportation and file for a lost title.  DOT sends you a lawful duplicate title (Lost Note Affidavit).  But you had never lost your title at all, you pledged it with Wells Fargo.

You then take the duplicate title to SunTrust, borrow another $10k on the same $12k vehicle and make duplicate payments on both loans. 

SunTrust explains how it advances payments on delinquent loans.  Loan’s SunTrust admits its under NO obligation to insure or guarantee…. 

So, why is SunTrust paying to cover loans with NO payment stream?  Do you know of any bank that covers borrowers payments out of the goodness of its heart?   





That is exactly what SunTrust Mortgage did.  Leveraging one loan into over $40M of lending liquidity.

SunTrust pledged these loans "Fake Loans" to the Federal Home Loan Bank and among other unknowing investors.

Below is where SunTrust was forced to borrow funds to remain solvent totaling over $10B.  What collateral did Suntrust pledge to gain the $10B?  Fake Loans -  Did they simply copy your loan file, insert a “Lost Note Affidavit” and re-monetize your previously sold loan for a 2nd and or 3nd time? 



https://oag.ca.gov/sites/all/files/agweb/pdfs/mortgage_settlement/suntrust-complaint.pdf


Federal Home Loan Bank - Term Auction Facility (TAF) SunTrust Balance



Now you know why we had trillions of dollars in worthless Mortgage Backed Securities.

 



The same year, Nye got to spend 15 minutes with Arthur Levitt, chairman of the Securities and Exchange Commission at the end of the Clinton administration. He was in South Florida for a speech and Nye somehow secured a meeting. Levitt listened intently and agreed with Nye on virtually every point. But when Nye finished, Levitt leaned back and said, “I have as many lawyers at the entire SEC as one major law firm representing the banks.” Levitt described a ten-year lag between identifying a financial fraud scheme and its ultimate exposure to the nation. “It won’t come out for ten years, and the banks know it. By then they’re already on to the next scam,” Levitt sighed.

https://newrepublic.com/article/134722/foreclosure-sleuth

Wells Fargo, SunTrust Mortgage, SunTrust Bank
« Last Edit: March 08, 2018, 07:59:52 PM by citizensscience »
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Les Ormand

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Re: Suntrust Mortgage Scandal
« Reply #96 on: March 07, 2018, 06:39:38 PM »
I just saw this on the news and my wife looked over and told me, Suntrust didn’t pay that $320,000,000.00 fine to settle a criminal investigation for just a simple an infraction.  Its good to see someone shine some sunlight on Suntrust.
Les Ormand   

Ben Schachtman

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Reporter with questions about Suntrust Mortgage Scandal
« Reply #95 on: March 05, 2018, 02:14:03 PM »
Hi, I'm a reporter for Port City Daily (www.PortCityDaily.com), a digital newspaper in Wilmington, NC. I'd like to talk to someone about this SunTrust issue. My email is ben@localvoicemedia.com. Please drop me a line.

citizensscience

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Suntrust Mortgage Scandal
« Reply #94 on: March 04, 2018, 10:51:42 PM »


Did SunTrust originate your loan while it lacking authority from the Secretary of State? 

#SunTrustScandal

Is your SunTrust Mortgage "Valid"?? 











SunTrust Scandal, SunTrust Mortgage, SunTrust


SunTrust "Bogus" Loan Week...  Begins on Monday!

Do you have a Bogus SunTrust Loan? 


Begin forwarded message:

Date: February 23, 2018 at 7:55:21 PM EST

To: Jerome Lienhard <jerome.lienhard@suntrust.com>, jadams@mcguirewoods.com, abrackett@mcguirewoods.com, rcullen@mcguirewoods.com, joe.smith@mortgageoversight.com, Mark Chancy <Mark.Chancy@SunTrust.com>, jsmith@poynerspruill.com, reginald.leese@blackrock.com

Cc: bill.rogers@suntrust.com, jorge.arrieta@suntrust.com, margaret.callihan@suntrust.com, anil.cheriyan@suntrust.com, aleem.gillani@suntrust.com, susan.johnson@suntrust.com, ellen.fitzsimmons@suntrust.com, dorinda.smith@suntrust.com, boardcommunications@wellsfargo.com

Subject: SunTrust / Wells Fargo / US Bank & LED Billboards

Mr. Lienhard -

The Red really makes the "Revocation" of Authority stand out...

Kinda underscoring where the NC Secretary of State "Revoked" SunTrust Mtg's "Transaction Authority"...

Did you ever figure out if all those loans are of "No Effect" thus a "Nullity"??


« Last Edit: March 07, 2018, 06:19:51 PM by citizensscience »
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