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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOperation Susie: Wells Fargo Evicts Senior Citizen Who Never Missed a Payment!
We all have seen how Wall Street, during the GWB era, raped our nations most precious commodity and defiled one of the most securest financial instruments of all time. Mostly through MERS obliterating the protocols of notary/recording of house deeds. In this case of senior citizen Susie Johnson (who just turned 80), they took their deceptive trade practices a step further down the ebol pathways.
Susie Johnson never missed a payment; but was evicted from her house deceitfully - by Wells Fargo!
Before we get into the issue of who, what, where and why's - and/or the fact that there was more than $8,000.00 per month coming into the household where the original mortgage payment was on a $65,000.00 loan.. please take a look at how frustrated and heartbroken Susie Johnson is;
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[center][font size=5 color=burnt read]Tangled Web Weaved with Many Deceitful Deeds![/font][/center]
Though some legal eagles would argue that this case started because Washington Mutual ("WaMu" was seized and sold into bankruptcy, the fact of the matter is, Susie Johnson may have been doomed from the day she bought her house.
It was a dream come true, as the "Recovering and Rebuilding" website details on its Project Susie page, where Susie's daughter details the factual history of the house that was acquired for $65,000 in 1991, by Susie Johnson.
Susie's daughter explains that;
My mother took pride in her home, faithfully paying her mortgage on time every month, and investing her own money to fix it up. Then suddenly, in February 2003, she received a notice from Washington Mutual Bank, returning her payment for that month and notifying her that she was in default, claiming she had not paid since October 2002. This was the first time she had received anything from Washington Mutual, who had apparently taken over her mortgage from Homeside and was now the servicer of her loan. At their instruction, my mother sent in copies of the missing payment receipts to Washington Mutual, attempting to reconcile the situation. Despite this, Washington Mutual filed for foreclosure claiming she was delinquent on her loan, even though until that time she had never missed a payment.
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[font size=4][br]Eastwood Mortgage Banker President John Stolarenko Convicted of Mortgage Fraud[/font]
As it turns out, Susie Johnson made a deal to purchase the Orange, New Jersey home for $65,000.00 - from Homeside Lending; which utilize Eastwood Mortgage. As was the new way of things during the George Bush presidency, loans on homes were bastardized in many ways. Through the perversions, the loan wound up at WaMu, who informed Susie Johnson she was in default.
After documenting that she was not in default, with proof of payments, WaMu simply claimed it didn't get them and refused any further payments from Miss Johnson. Her loan was then transferred, with the rest of WaMu's assets, to JP Morgan and finally wound up at Wells Fargo.
You can steal many millions and harm many people and then get just 10 months in prison; as that is what Eastwood Mortgage Bank President - John Stolarenko did. For elaborate explanation of some of Stolarenko's schemes (that may explain why someone walked up to Susie Johnson and asked her "if" she wanted to buy her Orange, New Jersey home) - then please look at the Appeals Court review of a tied in case, affirming the conviction of a cohort of Stolarenko's (HERE) that provides great details of some of the schemes.
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[font size=4]Susie Johnson and Her Daughter Had $8,000.00 Per Month Cash Flow[/font]
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Most people see an African American old lady, in Orange, New Jersey and just assume she was a poor person that couldn't make ends meet. In this case, nothing of such could be further from the actual truth of the matter.
As Susie Johnson's daughter tells it, in a press conference, her and her mother had at least $8,000.00 per month in household cash flow. As she details in this video;
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PLEASE TWEET AND SAY HAPPY BIRTHDAY TO SUSIE JOHNSON
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I know it is a couple of days after the fact; but I didn't learn of this case - until a few moments ago. Ms. Johnson says she just is tired of it all and wants to pass on into the night. Please consider giving your support to the hopeless feeling Susie Johnson.
This is her Twitter support page - https://twitter.com/OperationSusie
Here's the "Operation Susie" website at "Recovering and Rebuilding" Blog
This is what the Recovering and Rebuilding website says of how senior citizen evicted - Susie Johnson - feels;
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Activism does Work Wonders
I'll leave you with this video of the "People's Organization for Progress" (POP);
who managed to stop the eviction for a short period of time.
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shenmue
(38,506 posts)A guy stole money out of my account once, and they put back the principal money he stole, but they made me pay for the overdraft fees he racked up.
Yep.
laserhaas
(7,805 posts)I like the smashing smiley
laserhaas
(7,805 posts)Susie Johnson's daughter was forbidden from putting forth a bid.
Trillo
(9,154 posts)It's no wonder they love the FREE market, supply and demand and all that other BS.
laserhaas
(7,805 posts)And usually do!
Xithras
(16,191 posts)Every state in the union allows foreclosed borrowers to bid on their own homes in an auction. Foreclosure auctions are public, and there are no laws that would have forbid her from bidding. How was she forbidden from bidding?
FWIW, a number of homeowners actually used this fact to their advantage during the real estate crash a few years ago. One of my moms neighbors had a mortgage of over $500,000 on his property. He decided to walk away from it, but heard that many banks were discounting the starting bids on auction properties just to get them off the books. He went to the auction and won his own house back from Chase for less than $200,000.
laserhaas
(7,805 posts)And will get more details on the actual facts (including pleadings - firms - etc).
Will get to the bottom of it - as soon as I can.
johnson777
(1 post)The assignment of the loan has been cloudy from the very beginning....no one knew who owned the property but we were paying different companies on a regular basis. The law firm that was representing washington mutual (homeside lending) were fined 125,000 in 2005 for doctoring paperwork and inventing some that never even existed yet they still practice law.
Reed COnroy and Smith who represents JP Morgan were the ones who misrepresented themselves as the owner and then sold the property to HUD, the entity who helped my mother get the loan, who purchased it for 100. HUD denied having anything at all to do with this situation and we did not have confirmation until last year as the banks started making caption changes and at one time we had paperwork with multiple bank names on it. These banks have made over 600,000 dollars off of this loan that originally was 69.000.
The judges allowed this to happen. Just recently I discovered that the top ten banks adminster the pension plans for the state of new jersey and it wreaks of collusion. It is a violation of their judicial oaths and a conflict of interest and they need to recuse themselves.
I would advise everyone to check with the division of investments and investigate who is administering the pension plans in your states.
Thank you for creating this document and for the signatures that it has been helping to get.
My mother would be very pleased.
daleanime
(17,796 posts)laserhaas
(7,805 posts)And - in this case - BIG $
she bought the house for $65,000;
and they bought it at auction
(after she paid for 20 years)
for just $100!
TexasMommaWithAHat
(3,212 posts)It's time for people to revolt against these crappy, thieving corporations.
laserhaas
(7,805 posts)It doesn't matter how much evidence you have;
when it's Big Sleazies!
Unless we Unite.
blackspade
(10,056 posts)laserhaas
(7,805 posts)is that the Court's always side with injustice manifest.
Think of how many would go to jail;
if we could prosecute bad faith judges!
Omaha Steve
(99,660 posts)laserhaas
(7,805 posts)This is a real cool noble battle;
and manifest injustice -
OBVIOUS!
turbinetree
(24,703 posts)I am a democrat lets me clear about this, but I want to know why the justice department has not stepped into this matter , I and many others are getting really tired of these shenanigans.
Why do we have to protest this blatant attempt and succeeded in the political and financial corruption that we now see going on today----this is outrageous
laserhaas
(7,805 posts)And that's never going to happen.
Just too much crimes, deceit, frauds and too many banks involved!
Sad state of affairs!
PADemD
(4,482 posts)They should start there.
SickOfTheOnePct
(7,290 posts)How in the hell can they just claim "we didn't get the payments"?
No matter who got the payments, she fulfilled her obligation by sending them. I just don't get how they can get away with this.
laserhaas
(7,805 posts)Though almost never prosecuted, when judge's/court's make arbitrary/capricious decisions that let the bad guys win - it is (actually) a crime.
Civil Rights violations via "Color of Law"
As per Cornell University Law website on U.S. Code 18 U.S.C. $ 242
http://www.law.cornell.edu/uscode/text/18/242
18 U.S. Code § 242 - Deprivation of rights under color of law
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And the Department of Justice stipulates that;
http://www.justice.gov/crt/about/crm/242fin.php
Summary:
Section 242 of Title 18 makes it a crime for a person acting under color of any law to willfully deprive a person of a right or privilege protected by the Constitution or laws of the United States.
For the purpose of Section 242, acts under "color of law" include acts not only done by federal, state, or local officials within the their lawful authority, but also acts done beyond the bounds of that official's lawful authority, if the acts are done while the official is purporting to or pretending to act in the performance of his/her official duties. Persons acting under color of law within the meaning of this statute include police officers, prisons guards and other law enforcement officials, as well as judges, care providers in public health facilities, and others who are acting as public officials. It is not necessary that the crime be motivated by animus toward the race, color, religion, sex, handicap, familial status or national origin of the victim.
The offense is punishable by a range of imprisonment up to a life term, or the death penalty, depending upon the circumstances of the crime, and the resulting injury, if any.
L0oniX
(31,493 posts)laserhaas
(7,805 posts)SwankyXomb
(2,030 posts)Around our house they're known as "We'll F*** You".