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“Smoking Gun” Proof That JPMorgan Chase Never Acquired Beneficial Interest In My WaMu Loan Through The FDIC
This little piece of production in my Oregon Ejectment Action just confirmed what I have been testifying to since day-one: Chase acquired no ownership of loans that WaMu sold and securitized prior to the September 25, 2008 takeover by the FDIC.
The story by the Defendants in my case is that Chase acquired beneficial rights to my deed of trust through the FDIC and the Purchase & Assumption Agreement, and proceeded to foreclose non-judicially as the “successor in interest” to WaMu. However, in newly produced documents, I’ve learned that my loan was assigned the investor code “AO1” which I have written about here:
This code belonged to “Washington Mutual Asset Acceptance Corp” to which Chase stipulated. Chase also stipulated that the loan with the designated code “AO1” did not pass through the FDIC. My position, based on years of investigations and accumulated evidence, is that Chase has been hiding and concealing the identities of the actual investors in many WaMu loans that were sold into private trusts, and have proceeded to foreclose on thousands of homes claiming to be the owner/beneficiary/mortgagee which is flat out false. Well here is some hard evidence that my position is in fact true. Attached is the escrow wiring instructions for the REO sale transaction of my property to the current occupants who purchased back in 2011. Proceeds from the cash sale were to be wired to account titled “Washington Mutual Bank in Trust for the REO proceeds in Trust for various Investors and Mortgagors.”
It should also be noted, that the real estate sales agreement named the “Seller” as “NRT REOExperts, LLC as agent for JPMorgan Chase Bank, N.A. as Servicing Agent for Owner of Record.”
Bill Paatalo
Oregon Private Investigator – PSID#49411
Oregon Private Investigator – PSID#49411
BP Investigative Agency, LLC
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