Abstract & Legal Reseources

Abstract and Legal Resources

Our white paper, How Your Mortgage Became a Wall Street Security Without Your Knowledge, is a foundational resource for understanding systemic irregularities in mortgage lending and securitization. Rather than include the full text here, we provide a synopsis below, with the full PDF available upon request or for download.

Abstract Highlights:

• Reveals how residential mortgages were used as raw material for Wall Street securities without borrowers’ informed consent.
• Details how promissory notes were deposited into trusts and traded without lawful delivery or proper endorsement.
• Examines the role of MERS (Mortgage Electronic Registration Systems, Inc.) in severing ownership transparency and masking chain of title.
• Explains the legal consequences of bifurcation between notes and mortgages, and why many assignments are void.
• Presents how homeowners can use administrative tools (UCC 2-609, FDCPA, TILA) to demand verification, accounting, and standing from servicers.
• Cites critical rulings including Jesinoski v. Countrywide, Glaski v. Bank of America, In re Herrera, and UCC Article 8, supporting the borrower’s right to verification.

This abstract empowers legal professionals, judges, and homeowners alike to understand how foreclosure actions are frequently initiated without lawful authority, and why administrative due process is essential.

[Click here to download the full abstract PDF –Combined Abstract & Addendum – How Your Mortgage Became A Wall Street Security Without Your Knowledge]