Consumer complaint received 2020-10-08
Company: Caliber Home Loans, Inc.
State: MI
Product: Debt collection
Sub-product: Mortgage debt
Issue: Attempts to collect debt not owed
Sub-issue: Debt was paid

Complaint:
Dear CFPB, ( cc : all public complaints websites, Congress, Senate, DOJ, media ) Please find my complaint against Caliber Home Loan , Inc, a sham conduit for XX/XX/XXXX, who poses as a " servicer '' for someone whom Caliber is not able to identify. 

On XX/XX/XXXX I submitted an application for a loan with a local company who pretended to be a Lender, XXXX XX/XX/XXXX XXXX. 

XXXX in fact was not a lender but impersonator hired by XXXX XXXX ( here : XX/XX/XXXXXXXX XXXX ) to purchase from me a security aka Promissory Note for a mortgage to sell it on the open market as derivatives and unsecured bets to investors. 

I was not informed about this secretive transaction and was confident that am buying a loan from a legit Lender. 

XXXX, who was not a Lender and not even originator, immediately passed my application to XXXX XXXX XXXX XXXX ( former Lender ; s XX/XX/XXXX XXXX ) and XXXX, XXXX who were the actual originators who passed me a payment for my Note from a table pool operated by Investment Banks where they collect money from sales of unsecured bets from investors. This payment was masqueraded as a " loan '' which I suppose to return with interest as tax-free revenue to investment bank ( XXXX  ) PLUS give XX/XX/XXXX a tax-free gift in form of my escrow money. 

Based on most recent evidence, neither Caliber or new self-proclaimed " servicer '' XXXX did not pay my property taxes and insurances. It is done by their " tax vendor '' XXXX, XXXX who apparently handles escrow accounts which XXXX manipulates to create bogus deficiencies. 

Property Taxes and insurances are also paid from the same table pool from sales of unsecured derivatives backed by DATA about my  loan and operated by XXXX XX/XX/XXXX while my escrow money are pocketed by XX/XX/XXXX XXXX XXXX as tax-free revenue. 

After the origination or acquisition of the apparent loan transaction ( read : payment for my financial services ), a new player was introduced ( e.g. Caliber ), who claimed to have been hired to service the loan accounts that are apparently owned by someone whom neither Caliber or XXXX or new fake Servicer XXXX is unable to identify. Caliber initially claimed to be the " owner '' of my debt, but changed the ownership to XXXX XXXX ( in whole ). XXXX claims to be a buyer of my loan - but is not able to identify the Seller. XXXX also claims that they collect my payments to pass it to Trustee XX/XX/XXXX who pass them to investors ( aka PennyMac ) which is a lie because my payments are collected and processed by XXXX, XX/XX/XXXXand pocketed by XX/XX/XXXXXXXX XXXX. 

Caliber claimed to be a Servicer - but when I asked WHOM Caliber was servicing all this time - they were not able to identify their Client. According to XXXX XXXX XXXX guide, my loan must be pooled in some Trust created by the Lender who issued some securities guaranteed by XXXX XXXX. None of it happened. XXXX never created any Trusts and never issued any securities. XXXX merely took their fees at the closing for posing as a fake " Lender '' - while XXXX never funded or even originated any " home loans '' Caliber MAYBE only partially serviced the account. It might have authority to act as agent for the designated " Trustee '', but the designated Trustee has neither authority or ownership of the obligation. So Caliber is a designated party for whoever is really doing the servicing. That party is in most cases XXXX XXXX or XXXX. In the Chess analogy XXXX XXXX is the XXXX who serves its masters ( investment banks ) and is willing to sacrifice itself and the self-proclaimed servicers to protect the King ( investment bank ). 

This means that all records, payment history and document handling does not originate with Caliber ( much less with XXXX ), but rather with XXXX XXXX and XXXX, who are actually answering to an investment bank who receives both proceeds from homeowner payments, all escrow money and proceeds from illegal foreclosure sales. And the investment bank receives it as off balance sheet transactions that are actually revenue that is untaxed. 

On XX/XX/XXXX Caliber ( read : XXXX XXXX ) assigned " servicing '' of my loan to XXXX who claimed to be a " buyer '' ; " owner '' ; " servicer '' of my loan and even " issuer '' of securities backed by my loan. 

All of it are lies. 

In reality, XXXX stole information about my loan from XXXX XXXX XXXX XXXX and posed as a Servicer to deceive me about the real parties - XXXXXX/XX/XXXXwho pocket my payments and escrow money ; and their REAL servicers - XXXX XXXX and XX/XX/XXXX whose duties are to cover up this biggest economic fraudand push homeowners in foreclosures. 

According toXX/XX/XXXX XXXX XXXX letter to Supreme Court in XXXX (! ), ALL loans are destroyed at origination. See attached. See also XX/XX/XXXXdocument shredding procedures how original loan documentation is destroyed after it was imaged by XXXX XXXX who later present reconstructed " Notes '' misrepresented as " originals '' in illegal foreclosures. 

Investment Banks plan could work only by destruction of the original loan documents. If they needed an original they would create it. 
When the attempt to name MERS and the servicers as the real parties in collections - but specifically foreclosures - failed utterly, the banks pivoted to saying that indeed there were XXXX XX/XX/XXXX and that they owned the loans an assertion that was as untrue as the same assertions for MERS and the servicers. In order lend credence to the newest lie they hired banks like XXXX XXXX XXXX XXXX to pretend that they were trustees for the XXXX trust an assertion that was and remains wholly untrue. XXXX never confirmed to me that they actually handle my loan entrusted to them by (??? ) an unknown Trustor That gave the action an institutional flavor and judges started allowing the collections and foreclosures to proceed without any knowledge as to whether the trust existed, whether the debt existed and whether anyone had the right to enforce the debt, note or mortgage. 

Since I am a current on my " obligation '' ( a non-existing debt to non-existing Lender on payments that were apparently due on what turned out to be a nonexistent obligation ), the response is always zilch. No answer. 

So I arrived at the conclusion that the documents did not exist and had been shredded contemporaneously with the loan closing, which makes perfect sense if people are willing to trade on images instead of the real thing. Banks can always print more images and sell them. 

Neither Caliber or XXXX, who fail to answer a basic question - who sold them my loan and who currently has my loan as an asset, do not perform ANY servicing functions for he following reasons. 

First, here is nobody for Caliber or XXXX to service. 

Second, nobody needs Caliber or XXXX 's services. All payments are collected and processed by XX/XX/XXXX who have lockbox agreements with XXXX XXXX and XXXX. All money, including escrow, are pocketed by Investment Bank.  XX/XX/XXXX who has no Trustees duties since here are no Trust where my so-called " loan '' was pooled, never distributed any payments to any investors. Interest on investors unsecured Certificates are paid by Investment bank from their operating pool which is consisted from Investors ' own money ( aka Ponzi Scheme ). 

Taxes and insurances are paid by XXXX from the same pool, not from my escrow account which was never established. 

Third, without XXXX XXXX 's XXXX and XXXX neither Caliber or XXXX can not do ANY servicing. After XXXX was removed from the XXXX, XXXX, who always handled tax payments, had to reveal themselves as the real party who is servicing about {$39.00} billion of so-called loans. 

I am entitled for FULL disclosures and compensation for damages ; and I demand Caliber to identify the Company ( not XXXX XXXX at large ) whom Caliber was servicing from XX/XX/XXXX to XX/XX/XXXX ; and provide me the name of the Seller of my loan to XX/XX/XXXX, along with a lien release provided to Caliber by XXXX after they purportedly PURCHASED my loan. 

I demand XX/XX/XXXX to disclose which Trust holds my loan and where and when I can stop by at XX/XX/XXXX custodian 's office to review ORIGINAL documents - such as my Promissory Note and Mortgage - along with releases of all liens from each purported sale of my loan.

Company response to consumer: Closed with explanation