Bank of America Files A New Robo-Signed Assignment of Mortgage on Florida Couple Suing Bank of America for Racketeering

FOR IMMEDIATE RELEASE
Palm Bay, Florida, United States of America (Free-Press-Release.com) August 10, 2011 -- The Palm Bay, Florida Couple that is suing Bank of America for Racketeering and other counts, just noticed that after almost two years of the "so-called" transfer, an Assignment of Mortgage was recently recorded in July 2011 on their property in the Clerk of County Courts. Bank of America acquired their mortgage sometime in August 2009 after Taylor, Bean & Whitaker, who was the couple’s original lender, went bankrupt.

Bank of America has consistently told Mrs. Santamaria that they only “service” the loan and that they do not make any decisions on the loan. The lending giant has also stated that Ginnie Mae is the investor on their loan and therefore they cannot make any decisions regarding a loan modification without Ginnie Mae’s approval. These statements by Bank of America were also submitted to the Office of the Comptroller of the Currency (OCC) and the Florida Attorney General Bill McCullom when a formal investigation was being conducted on the couple’s mortgage account due to a complaint submitted by Mrs. Santamaria. Bank of America allegedly hindered the investigation in this reagrd also.

Mrs. Santamaria had recently started to conduct her own investigation and contacted Ginnie Mae by email on July 18, 2011. Ginnie Mae responded quickly the next day. In this email, Ginnie Mae affirms that they are only an agency within the Department of Housing and Urban Development that guaranties the issuance of certain mortgage-backed securities in partnership with financial institutions such as banks, savings institutions and mortgage companies. Ginnie Mae does not lend money directly and Ginnie Mae is not directly responsible for the administration of their loan. Bank of America takes care of all aspects of the loan, they confirm.

The Assignment of Mortgage clearly states that the mortgage was transferred to BAC Home Loans in July 2011. There is no clear chain of title. Bank of America has been allegedly harrassing the couple since 2009 requesting money without proof that they owned or serviced the loan. Mrs. Santamaria found all this information quite interesting and it completely contradicts what Bank of America has told her and other Federal and Regulatory Agencies regarding her loan which she alleges is an “obstruction of justice” because Bank of America intentionally provided inaccurate information about the investigation to government agencies which would be a clear violation of a RICO law. In addition, the Assignment of Mortgage was executed on July 18, 2011 and recorded on July 20, 2011, about 3 weeks after Mr. Echeverria and Mrs. Santamaria had filed a “Response in Opposition to Defendant’s Motion to Dismiss” in which the couple alleged that there was still no Assignment of Mortgage recorded on the property and that it was suspicious and an indication of fraud. The married Florida couple have reason to believe that Bank of America allegedly finally executed this Assignment in order to cover their tracks or to start illegal foreclosure proceedings on their home.

To make matters worse, the MERS Assignment of Mortgage was allegedly signed by two "robo-signers" named Luis Roldan and Malik Basulto which are now known to be two of Bank of America’s new robo-signers so far for 2011. Who are the newest signers – who use MERS titles to assign mortgages TO BAC while actually working FOR BAC – signing as if they were MERS officers for dozens of different companies? Well, Luis Roldan and Malik Basulto are allegedly listed as robo-signers according to the investigation: http://frauddigest.com/news.php. As stated previously, these robo-signers also work for Bank of America (BAC) and therefore are not authorized under MERS. This attempt by Bank of America allegedly further confirms the massive fraud against Mr. Echeverria & Mrs. Santamaria and complete disregard of their promise back in October 2010 to stop robo-signing. According to recent investigations, Bank of America continues to file sketchy paperwork and continues to use "robo-signers" for foreclosures, affidavits, mortgage assignments and other documents

The couple had already included “wire fraud” in their lawsuit against Bank of America and if this accusation by the Plaintiffs holds true, this Assignment of Mortgage and any other foreclosure documents that Bank of America might consequentially file will also be considered as “wire fraud” which is also a racketeering (RICO) crime.

The couple plan to organize a large protest in front of Bank of America's Downtown Orlando building. They intend to prove that Bank of America is racketeering and that they intentionally show complete disregard for minorities and families that have disabled family members (as in Mr. Echeverria & Mrs. Santamaria's case) even after many pleas for help and assistance.

The case is Echeverria et al v. BAC Home Loans Servicing, LP et al; 6:2010cv01933 (Middle District of Florida Orlando Division).

For more information about this case or the upcoming protest, please send all requests or questions via email to: andyecorso@yahoo.com

More information can be found online at http://www.bankofamericastinks.vpweb.com

BAC Home Loans Fraud     Bank of America Discrimination     Bank of America Fraud     Bank of America Lawsuit     Bank of America Prostest     Bank of America Racketeering     Bank of America Robo Signers     rico lawsuit