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MORTGAGE FRAUD WAS NOT ONLY NEVER FIXED, BUT IT WAS ALSO NEVER CHANGED AT ALL. FORECLOSING PARTIES ARE STILL ASSIGNING MORTGAGES AND DEEDS OF TRUST TO TRANSFER THE OWNERSHIP OF YOUR DEBT. THE SUPREME COURT MADE IT CLEAR THAT AN ASSIGNMENT OF A MORTGAGE HAS NO EFFECT... IN 1872!

Thursday, July 30, 2020

FORECLOSURE SALE- CREDIT BID, DISBURSEMENT OF THE PROCEEDS OF SALE, DEFICIENCY & SURPLUS: TOO MANY OF MY READERS DON'T UNDERSTAND WHAT ACTUALLY HAPPENS AT A FORECLOSURE SALE AND WHAT THEY SHOULD HAVE KNOWN ABOUT WHAT DIDN'T HAPPEN

"The Contest is never quite over, The field never quite ours."
                                                                                   Major John Bell Hood CSA
by Danny Hammond

JUDICIAL OR NON JUDICIAL THE FORECLOSURE SALE AUCTION REQUIRED FOR THE LENDER TO BE HOLDING A CREDIT BID IN ORDER TO RECEIVE THE AMOUNT BALANCE ON YOUR PROMISSORY NOTE.  THIS IS ANOTHER OF THOSE THINGS THAT I HAVE BEEN HARPING ON THAT HASN'T HAPPENED CONCERNING FORECLOSURES SINCE 1999.  IF WE DON'T REVIVE THE LAW SOMEDAY SOON EVERYONE WILL HAVE FORGOTTEN WHAT THE LAW WAS.

FOLLOWING ARE TWO OF THE FIRST VIDEOS I MADE FOR THE ORIGINAL WEBSITE.  THEY ARE STILL GOOD. THE FIRST ONE EXPLAINS CREDIT BID, DEFICIENCY, AND SURPLUS.  THE SECOND ONE IS ME HARASSING THE SALE AUCTIONEER (TRUSTEE?) ABOUT THE CREDIT BID AT THE HOME SALE OF ONE OF MY CLIENTS. THEY WERE FILMED 9 OR 10 YEARS AGO.



VIDEO: FORECLOSURE SALE PROCEEDS, CREDIT BID, & DEFICIENCY SURPLUS?



VIDEO: JESSICA- THE FORECLOSER


VIDEO: The Credit Bid is Necessary, But, No Foreclosing Party has a legal right to use it.
Do You Want To Know Why?

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