Consumer complaint received 2018-07-27
Company: WELLS FARGO & COMPANY
State: IL
Product: Mortgage
Sub-product: Conventional home mortgage
Issue: Struggling to pay mortgage

Complaint:
We are in receipt of documentation from your organizations claiming to somehow have a vested interest in the property located at XXXX XXXX XXXX Illinois XXXX. Please be advised that any future communication regarding this property must be sent to this address via USPS with no variations or deviations from the aforcementioned format, no other forms of communication will be permitted and/or is acceptable. In XX/XX/1933 by an act of congress ( XX/XX/1933 act known as The emergency Banking Economic Relief Act ), it was determined that all property in the united states is owned by the government, that individual so-called ownership was only allotment. congress also determined that all mortgages in the United states were deemed to be GOVERNMENT OBLIGATIONS, which come with the guarantee of the United States full faith and credit. The united States Government not only guarantees these mortgages i.e. " government Obligations '' but they have gone one step further, they required insurance on all coventional mortgages in the united States. My properties were insured, I paid the premiums and i paid the insurance premiums and yet have been defrauded. There has been an active engagement in constructive fraud by the mortgage insurance company and financial institution and the United States government against myself as a consumer. The consumer protection laws are to assist individuals such as myself when we are harmed as a result of unscrupulous activities. The mortgage on my loan was not on my home, the mortgage was on the loan on the home I believe based on the aforementioned law that the financial institution have been duly compensated, in fact our agreement was that the home was not collateral for a loan i.e. I used the loan to acquire a home, and until I acquired the home that was not mine to collateralize, meaning that I could never place something I do not have ownership rights over as collateral. The mortgage-backed security permitted and/or allowed the financial institution to trade my property on the market in lieu of payment for the loan. because the stock market investments are construed as a risk, I agree to allow my home to be used as collateral in place should the financial institution not receive the benefits of such a transaction on the market. I forwarded my interest that was due me as a result of my being a trust interest holder and an investor and that mortgage-backed security, so that those receipts would be applied to the balance of the account, this is not happened. I also have been giving information in research, the financial institution has received tax credit and other benefits as a result of charging off the account, yet those credits and or adjustments have not been applied to the account as is cognizable under Gen. accounting procedure. the failure on the part of the financial institution and i hereby protest such action an/or interaction as a result of it being a violation of my due process rights. The financial institution was asked to give comprehensive accounting, they have refused to supply, But only the records I signed and said there Isnt further evidence to say to me or give me. But just to do whatever i have to do for myself. look up the recorded line its there. I hereby bring forth this complaint to u. To the Occ. Please help.I have XXXX kids need help. We thank you for your time and look forward to your providing the information required or acknowledged by applicable statutes. info XXXX XXXX XXXX XXXX. loan num-XXXX

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation