Consumer complaint received 2019-04-03
Company: MOUNTAIN WEST FINANCIAL, INC.
State: CA
Product: Mortgage
Sub-product: Conventional home mortgage
Issue: Applying for a mortgage or refinancing an existing mortgage

Complaint:
History : Property at XXXX XXXX XXXX, XXXX XXXX, XXXX XXXX. Forged Trustee 's Deed Upon Sale recorded Santa Cruz County Recorder CA document XXXX, with forged signature and expired notary stamp of XXXX XXXX XXXX. XXXX is void not eligible for recording and transferred no interest in property but remained on record clouding title to XXXX XXXX 's property. XXXX attached State of California document that XXXX XXXX XXXX notary canceled XX/XX/XXXX. XXXX XXXX  sold XXXX XXXX 's loan on XX/XX/XXXX and XXXX XXXX paid original loan after many sales on the MERS system with XXXX loan paid in full to XXXX XXXX XXXX  and XXXX XXXX  Document XXXX on XX/XX/XXXX for XXXX XXXX 's loan. An invalid QUITCLAIM DEED document XXXX dated XX/XX/XXXX transferred title but no interest from XXXX XXXX  to phantom company XXXX XXXX that does not exist. XXXX had no interest to transfer as they sold the loan on XX/XX/XXXX. This QUITCLAIM DEED was used to transfer title but no interest in property to XXXX and XXXX XXXX who then sold property to XXXX XXXX who had title but no interest in property on XX/XX/XXXX. XXXX and XXXX XXXX still had a XXXX XXXX loan on the property when they sold property with forged XXXX recorded on XX/XX/XXXX XXXX XXXX, 7 month after sale. All forged deeds transferred no interest in property only title. 
This subject fraud loan from XXXX XXXX XXXX XXXX XXXX XXXX was taken out on XX/XX/XXXX but XXXX XXXX did not obtain title until XX/XX/XXXX Document XXXX. XXXX XXXX XXXX serviced the loan from XX/XX/XXXX to XX/XX/XXXX then servicing was sold to XXXX XXXX XXXX XXXX XXXX on MERS system MIN XXXX with active current loan shown on MERS system. See XXXX XXXX XXXX current owner of this loan is unknown it XXXX be XXXX & XXXX XXXX XXXX XXXX XXXX. 
Statute of Limitation Bank Fraud DefensesStatute of Limitations. The statute of limitations for mail fraud and wire fraud prosecutions is five years ( 18 U.S.C. 3282 ), except for mail and wire fraud schemes that affect a financial institution, in which case the statute is ten years ( 18 U.S.C. 3293 ).  Since documents were recorded electronly and certified checks were mailed the statute is XXXX years. When XXXX XXXX notified XXXX XXXX XXXX XXXX in XXXX that they made an unsecured loan on his property to someone who had title put no interest they sold the loan knowing it was an invalid loan making them guilty of Bank Fraud ( FDIC Law, Regulations, Related Acts 8000 - Miscellaneous Statutes and Regulations 1344. Bank fraud. 
Whoever knowingly executes, or attempts to execute, a scheme or artifice -- ( 1 ) to defraud a financial institution ; or ( 2 ) to obtain any of the moneys, funds, credits, assets, securities or other property owned by, or under the custody or control of, a financial institution, by means of false or fraudulent pretenses, representations, or promises ; shall be fined not more than {>= $1,000,000} or imprisoned not more than 30 years, or both. 
[ Codified to 18 U.S.C. 1344 XXXX XXXX XXXX is unable to remove these forged documents from the County Recorders Office but must remove this unsecured active loan obtained by third parties with no interest in property. There was never a foreclosure only forged documents recorded. XXXX XXXX does not exist and paid no money for the XXXX QUITCLAIM DEED as it says it is a gift. XXXX and XXXX XXXX paid a total of {$5000.00} down and straw bale seller cared {$90000.00}. XXXX XXXX paid {$330000.00} to XXXX and XXXX XXXX and received a loan of {$340000.00} receiving {$12000.00} to buy the house. XXXX XXXX paid his XXXX XXXX loan of {$510000.00} to the new owner of the loan XXXX XXXX on XX/XX/XXXX XXXX XXXX XXXX and recorded a name change deed XXXX on XX/XX/XXXX. 
Need help to remove this non secured loan obtained by third party with fraud title but no interest in my property. Thank You XXXX XXXX

Company response to consumer: Closed with explanation