Overcoming Foreclosure

Overcoming Foreclosure

by Norman L. Sirak
     
 

When Wall Street decided to use mortgages as debt collateral, they needed large volumes of mortgages. Typical offers of mortgage-backed certificates ranged from one-half to two billion dollars. To achieve this volume, lenders like American Home Mortgage and Countrywide had to cut corners and expedite the processing of loans. Attorneys were replaced with clerks; and

Overview

When Wall Street decided to use mortgages as debt collateral, they needed large volumes of mortgages. Typical offers of mortgage-backed certificates ranged from one-half to two billion dollars. To achieve this volume, lenders like American Home Mortgage and Countrywide had to cut corners and expedite the processing of loans. Attorneys were replaced with clerks; and clerks worked without legal supervision. Formalities required by the Statute of Frauds and mandatory recording statutes were treated like they did not exist. Ignoring mandatory statutes has consequences. Every mortgage or deed of trust involving a shell corporation called Mortgage Electronic Registration Systems (MERS) has been rendered unenforceable by property statutes which were simply ignored. Overcoming Foreclosure describes why these loans are not enforceable, and it provides a step-by-step approach for assembling a Quiet Title lawsuit designed to exploit these fatal flaws.

Overcoming Foreclosure is grounded in law, but it has been written for the homeowner confronted with this problem. If you have been searching for legal leverage, this book is intended to be the answer to your prayers.

Product Details

ISBN-13:
2940045154536
Publisher:
Wilcox Publishing
Publication date:
07/17/2013
Sold by:
Smashwords
Format:
NOOK Book
File size:
702 KB

Related Subjects

Meet the Author

Norman Sirak received his undergraduate degree from Miami University of Ohio, and his law degree from American University, Washington College of Law (1972). While attending Washington College of Law, Mr. Sirak served as the Comment Editor of the Law Review.

Submitted Amicus Curiae brief to the United States Supreme Court on behalf of William Dotson (Wilkinson v. Dotson). This resulted in an 8 – 1 decision in favor of Dotson.

Admitted by Exam to practice law:
Ohio Supreme Court Bar in 1972 (Ohio Reg. 0038058)
District of Columbia Bar in 1973 (D.C Bar # 162669)

Admitted by Motion:
District Court for Northern Ohio – January 26, 1973
Supreme Court of the United States – May 3, 1976
Sixth Circuit Court of Appeals – November 28, 1989
District Court for Central Illinois – March 28, 1990
District Court for the District of Columbia – May 1, 1995
District Court for Southern Ohio – April 22, 2004
District Court for Western District of Texas – July 6, 2004
Fifth Circuit Court of Appeals – November 8, 2006
District Court for Western Pennsylvania – June 11, 2007
District Court for Eastern Texas – June 30, 2008
First Circuit Court of Appeals – December 9, 2009
Eleventh Circuit Court of Appeals – December 9, 2009
Fourth Circuit Court of Appeals – December 10, 2009
Seventh Circuit Court of Appeals – December 18, 2009

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >