Cant take it any more

[Robinhood2013]

2005 Loan made to purchase a leased flat and the loan was secured by a first mortgage on the property (the principal charge). In 2006 the loan was sold or transferred including all of its interests to another company who then recorded their interest by way a charge using the original mortgage deed which was created in 2005. A few months later with out any knowledge being given to us the borrowers,the so called loan in equity only part was sold and put in a pool of mortgages then sold to investors using the Irish stock exchange. We now jump to 2013 when after repeated written requests of why do I have to now include an unknown party on my buildings insurance and who are the unknown party, I am informed that the party concerned in fact own our loan and have done so since 2006. (Nice to know! Thank you Arseden for informing us 7 years after the event )A few weeks later I receive a written request to make all my future monthly mortgage payments the Euro shipping company instead(joke).


I can,t and nor can any one else just sit back and let this happen any longer, I have had enough and wont stand for it any more. I have decided stand up to them. Do you realize what we all have done, We have put our homes at serious risk and been subject to a big time con, the banksters have without our permission mortgaged our property or home to someone else who is then trading it on the Irish stock exchange. In other words they have mortgaged your mortgage,so what stops them from mortgaging the mortgage of the mortgage and so on! This is down right abuse!



Sorry if there are any spelling mistakes I am dyslexic, help is need if I am to fight them using the law any way I can. Have lots of documents which may help other people who feel the same why as I do don’t mind sharing them and would look forward to hearing from any one in the same boat.

[wales01man]

Re: Cant take it any more

Probably all above board and legal others will advice if there is anything you can do.

[Amethyst]

Re: Cant take it any more

Who are the lenders involved? and who was the original lender ? Who are you actually paying the loan to and who is the holder of the registered charge over your leasehold ?

So took a secured loan in 2005 to buy leasehold on a flat.

2006 that loan and the charge were sold to another company.

then....?

[Robinhood2013]

Re: Cant take it any more

GMAC To NYM To SMPL(Acenden)=EUROSAIL 2006-4NP PLC

Have been told by Arseden to make payments to Eurosail refused to do so and am still paying SPML.

SPML C/O Arseden hold charge at LR. Mortgage Deed is GMAC RFC

SAR served returned late long over 40 days & missing 2 years accounting records lost or UN-retrivable according to SPML C/O Arseden,Compliant made to ICO awaiting result of investigation.

I have had a nightmare trying to deal or get information from this bunch. I have seen whats happens in the USA first hand, they will try and steal my property at some stage unless I can pull some how the carpet from under their feet. This is the only way to stop them.

[IanM]

Re: Cant take it any more

GMAC To NYM To SMPL(Acenden)=EUROSAIL 2006-4NP PLC

Have been told by Arseden to make payments to Eurosail refused to do so and am still paying SPML.

SPML C/O Arseden hold charge at LR. Mortgage Deed is GMAC RFC

SAR served returned late long over 40 days & missing 2 years accounting records lost or UN-retrivable according to SPML C/O Arseden,Compliant made to ICO awaiting result of investigation.

I have had a nightmare trying to deal or get information from this bunch. I have seen whats happens in the USA first hand, they will try and steal my property at some stage unless I can pull some how the carpet from under their feet. This is the only way to stop them.

Are they currently trying to repossess you?, Arrears?

If there are 2 years of accounting records that are lost then this is what you need to focus on.

Which 2 years are missing?

[Robinhood2013]

Re: Cant take it any more

No Arrears and they are not repossessing me as far as I am aware. However I did notice that according to one of the documents in the SAR package they sent me,in 2013 they contacted the solicitor who GMAC appointed to sort out and tie up the legal side when I first got the loan back in 2005. No info about why they contacted the solicitor.


I have contact the solicitor and asked for copies of every thing in my file, However nothing has arrived so I will Chase them up on Monday,

2006-2008 are the years missing which they apparently are unable to retrieve from their computer systems which is complete and utter rubbish, I used to setup computer software systems for banks-credit card companies. I can assure you they have this information or at least a backup of it. We are talking about a multi million company group here not Joe Blogs recording info on a £400.00 laptop obtained from pc world who understands nothing about data protection.

So I sent a recorded letter to the head of IT for SPML C/O Arseden Ltd who just happens to be a Director at Arseden Ltd asking him to explain in precise detail the problem they have in retrieving the data. I also explained that I have been active in the computer hardware/software industry for more that 40 years along with reminding that this is very serous matter. I have not receive a reply yet and don't believe he will ever respond. So I am just waiting on the ICO investigation to come up with something juicy.

If anything above does not make any sense to you do please let me know as being dyslexic,plays funny tricks in my mind.

Thankyou

Good night

[Robinhood2013]

Re: Cant take it any more

If anyone has GMAC RFC 2004 loan conditions I need a copy of all pages. I do believe it a little booklet type of a thing. And if any one needs the 2005 loan conditions I have a full copy.

Thank you

[IanM]

Re: Cant take it any more

Thanks.

Funny how a lot of documents have been 'lost' for the years 2006-2008 and by so many loan companies!

Maybe there has been an attempt at a massive clean up operation to hide some fraud of some kind, this possibility needs looking by one of the authorities because it is not just an isolated incident or by one particular company.

The biggest hurdle we face is the fraud may be too big for the authorities to handle so they are only dealing with individual cases as people realise they are being conned in one way or another and reporting it to them.

More and more people need to be made aware of forums like this so they too kind add more evidence to the mix, even if they don't realise what the evidence is they have.

Something is fundamentally wrong with millions of mortgage accounts that people are as yet unaware of and the companies involved are milking every penny they can get out of you before selling your mortgage to the next set of Muppet's.

Then once you get into arrears, the new muppets do all they can to milk more money out of you until you start to question their methods and then they manufacture arrears by adding fees and charges, with interest, to your account and threaten you with a possession order to make you pay, if you don't or can't pay them how much they want, when they want, they repossess you and claim on any insurance to collect any shortfall.


Are these standard issue mortgage contracts even legal?

How can the same mortgage contract be suitable for hundreds of thousands of different people with different circumstances?

What actual benefits do these contracts offer the customer that a tenancy agreement with a dodgy landlord wouldn't?

I could go on and on with questions and so should everyone else that has a mortgage or loan but for now I need a break before my head pops!!!

Like I said, these people need investigating by everyone and the authorities!!!


P.S. Robinhood2013, question everything!

[IanM]

Re: Cant take it any more

And why were so many loans and mortgages issued by the lenders when they knew there was a recession about to hit?

[Robinhood2013]

Re: Cant take it any more

And why were so many loans and mortgages issued by the lenders when they knew there was a recession about to hit?

Yes I agree, I saw first hand how they operate in the states and you are right they don't like it when you question every thing they do and why.

One of my friends in the states who lives in LA in 2009 had his house reprocessed and sold in a auction during Christmas while away for a few days. He was ready to give up as he was in arrears.

However I push him to check the paper trail and it soon became apparent within a few days that some thing was wrong. All documents relating to auction and repro had been robo signed by a director of the appointed mortgage servicing company who had been away on Holiday at the time. The loan company who was a very big bank made sure that the house was returned to my friend the same day after we made them aware we knew of this and had proof. The funny part of this is that we in person went to the service companies office and demanded to talk to the director concerned, his secretary then confirmed he was on holiday and had been for three weeks.

By the way my friend still owns the property.

[Robinhood2013]

Re: Cant take it any more

You state in your reply that other loan companies appear to lose the records for 2006-8, Do you know of any one else(customer) who has had the same problem? Are you able to show any thing which I can forward to ICO,FCA,CML and or my MP as proof?

[teaboy2]

Re: Cant take it any more

Don't forget that most companies do not keep records of documents for more than 6 years, just like a bank only keeps copes of statements for your accounts for 6 years.

[Robinhood2013]

Re: Cant take it any more

Don't forget that most companies do not keep records of documents for more than 6 years, just like a bank only keeps copes of statements for your accounts for 6 years.

I do believe you may be wrong about 6 years,Its 12 years .

Any way they sent in the SAR package statements before the missing period and after.

[Amethyst]

Re: Cant take it any more

Mortgages are 12 years limitations so presumably they must keep records for that period also. xx

[IanM]

Re: Cant take it any more

You state in your reply that other loan companies appear to lose the records for 2006-8, Do you know of any one else(customer) who has had the same problem? Are you able to show any thing which I can forward to ICO,FCA,CML and or my MP as proof?

""Chelsea estimated its losses at £41m, which pushed the mutual into a first-half loss of £26m. The building society said gangs with the support of professional advisers were behind fraudulent buy-to-let loans made between 2006 and 2008 on hundreds of properties in Manchester, Leeds and several other northern cities.""


There are other cases I have read but can't find the links at the moment.

This one is regarding buy-to-lets but there are others regarding residential mortgages but I've been reading so much I can't find the others.

There has been a lot of financial fraud in the last 15 years but when the signs of a pending recession in 2008 became clear a lot of paperwork was destroyed to cover up the scale of how much fraud was going on, along with the fraudulent paperwork many other files were destroyed as well causing many mortgages and loans to be written off by the lenders because they didn't have the paperwork to support any court action to recover their losses.

There are still many people out there that have no idea their loan or mortgage could be written off if they were to do a SAR to their lenders.