Consumer complaint received 2019-04-10
Company: PENNYMAC LOAN SERVICES, LLC.
State: NV
Product: Mortgage
Sub-product: Other type of mortgage
Issue: Trouble during payment process

Complaint:
This must be answered by CEO XXXX XXXX XXXX as requested in all the documents presented herein to the CFPB and PennyMac and the CEO of FannieMae not the research department. Please note that this is not a Unilateral nor a A bilateral contract agreement Note none of the parities signed this document, not XXXX XXXX XXXX for what is written in cursive says " WITHOUT CONSENT '' and this was told to the notary during such signing. PennyMac is not on the contract only XXXX XXXX XXXX nor is anyone from Fannie Mae government agency. i XXXX XXXX XXXX asked for the wet signature so that i could show them my original signature printed name, under neath is in cursive WITHOUT CONSENT that which is on the Tender of payment that they declined! 
3-603. TENDER OF PAYMENT. ( a ) If tender of payment of an obligation to pay an instrument is made to a person entitled to enforce the instrument, the effect of tender is governed by principles of law applicable to tender of payment under a simple contract. ( b ) If tender of payment of an obligation to pay an instrument is made to a person entitled to enforce the instrument and the tender is refused, there is discharge, to the extent of the amount of the tender. This is in full explanation. I have tendered a payment thereto XXXX XXXX. and they have declined the payment in Three letters as its presented by them to the CFPB. Therefore its discharged. The threats have began as to i owe the a certain currency or payment style which is not explained or disclosed. They XXXX XXXX also said that due to a certain style of a Deed of Trust or NOTE, ill repeat they said NOTE. Well Please note ; In the United States, a mortgage note ( also known as a real estate lien NOTE borrower 's note ) is a promissory note secured by a specified mortgage loan. Mortgage notes are a written promise to repay a specified sum of money plus interest at a specified rate and length of time to fulfill the promise. It's the promissory note that contains the promise to repay the amount borrowed. ( Learn more about promissory notes. ) While a promissory note is basically an IOU that contains the promise to repay the loan, the mortgage or deed of trust is the document that pledges the property as security for the loan. The tender of payment covers all of the above ... " Under thenew law government obligations, bills of exchange, drafts, notes, trade acceptances, and bankers acceptances, because it is backed by the credit of the nation.It will represent a mortgage on all the homes, and other property of all the people of the nation. '' Senate Document No. 43, 73rd Congress, 1st Session, Congressional Record, XX/XX/XXXX on HR 1491 p. 83. So by PennyMac Corp declining the Tender of Payment it is subject for Discharge, and thus it is considered to be at this point in time on record and public record DISCHARGED! No offense to your Position in the Research Apartment but i summonsed the CEO of PennyMac not XXXX XXXX from the same department whom XXXX went on to state that she has never seen this supported in any court or by any law, well this is a lie, we are currently under a state of emergency under the current leaders, and in XXXX President Franklin D. Roosevelt signed the Securities Act of 1933 into law as part of his famous New Deal. The actalso known as the " Truth in Securities '' law, the 1933 Act, and the Federal Securities Actrequires that investors receive financial information from securities being offered for public sale.Over the years, the limit has been raised which reached up to its current limit of {$250000.00}. The 1933 Banking Act required all FDIC-insured banks to be, or to apply to become, members of the Federal Reserve System by XX/XX/XXXX. The Banking Act of 1935 extended that deadline to XX/XX/XXXX. The Glass-Steagall Act, also known as the Banking Act of 1933 ( 48 Stat. 162 ), was passed by Congress in XX/XX/XXXX and prohibits commercial banks from engaging in the investment business. It was enacted as an emergency response to the failure of nearly 5,000 banks during the Great Depression. The Federal Deposit Insurance Corporation ( FDIC ) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least {$250000.00} ; by identifying, monitoring and addressing risks to the deposit insurance funds ; and by limiting the effect on the economy like today In practice nothing is unconstitutional in a national crisis. In XX/XX/XXXX, thousands of banks were failing in many states. ... The Emergency Banking Act was proposed and passed on XX/XX/XXXX, in a state of confusion and chaos. Yet this goes on today. So what XXXX and PennyMac is demanding is indentured servitude, to claim that PennyMac knows nothing of this law must come from the CEO XXXX XXXX XXXX whom knows this to be law and fact. If you notice the documents require the attention of the CEO XXXX XXXX XXXX and the CEO of XXXX whom understand these laws and knows of the back office where payments of Tender are made please see attachment for example. Conditional Payment and Tender Of Payment are the same and are accepted by National State Banks and Government agencies such as XXXX XXXX.

Company response to consumer: Closed with explanation