A trust is a Legal entity created by a party, the trust or,
through which a second party, the trustee, holds the right to manage the trust
or’s assets or property for the benefit of a third party, the beneficiary.
The five main types of trusts are:
1. Living trust created by the trust or while he or she is
alive.
2. Testamentary trust established through a will and which
comes into effect, is created, when the trust or dies.
3. Revocable trust that can be modified or terminated by the
trust or after its creation.
4. Irrevocable trust that cannot be modified or terminated
by the trust or after its creation.
5. Mortagage Securitization Audit that
is created by the bank or lender, the actual debtor, without the Borrower's
knowledge before the Borrower purchases a home, business, or commercial
property in order for the lender or bank to sell the same property multiple
times for multiple profit without proper disclosure through mortgage
securitization.
Mortgage and Note property interest held by a party, the
trustee, usually another bank, for the benefit of another, the beneficiary,
usually another bank, created by the Lender, a bank through a mortgage broker
or another bank.
The first four trusts are self-explanatory. These can deal
with anything, from cars, boats, household goods, jewellery, tangible items,
and or real estate passing on to heirs.
These are common, everyday trusts that almost everyone knows
about. The fifth one is the mortgage securitization audit trust that hardly no one is knowledgeable
of.
The mortgage securitized trust is created by the lending
bank months and, sometimes years, before you purchase your property. Your
lender did not disclose this to you at your closing, because this
securitization allows the lender to sell your mortgage and note multiple times
for more money.
A bank can get insurance with more than one company in case
you get behind on payments and they foreclosure on you. When you seek a loan
modification, your bank servicer will tell you that you must miss a payment or
two to be considered for the loan mod.
In fact when you get 90 days behind on payments, the next
day the bank servicer can collect on the insurance for the face amount of your
mortgage and note.
In this way if they insured your loan with two different
companies, they can collect the full amount of the alleged loan three times.
They get paid from the two insurance companies and from the
insurance company that you have been paying for from your purchase date. Plus
on each home in foreclosure the bank servicer gets 85 per cent of the loan
value given as tax returns, write offs, or expense allowances from the IRS.
Even if there are no other insurance companies, the bank
servicer gets 185 per cent of the loan value between the IRS and the insurance
company at the very least and they still foreclose and steal your home.
There is a website where you can learn more about the Securitization Pro Solutions and take control of your financial
future.
This web site can help you with the proper legal evidence and special
procedure to get your mortgage lien released for a free and clear home or
commercial property due to the lender's non-disclosure and questionable
practices.
Contact Us:
Securitization Audit Pro Solutions, LLC
Add: 401 Federal Street Dover, DE 19901
Toll Free: (877) 399 2995
Email: securitizationauditpro@gmail.com
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