Consumer complaint received 2021-04-01
Company: PENNYMAC LOAN SERVICES, LLC.
State: MI
Product: Debt collection
Sub-product: Mortgage debt
Issue: Attempts to collect debt not owed
Sub-issue: Debt was result of identity theft

Complaint:
Dear CFPB, Request to extend forbearance on returns of my commission to XXXX XXXX XXXX until XX/XX/XXXX, under President Biden order of extension of returns of commissions masqueraded as home loans to XXXX XXXX Stockbrokers, for additional 180 days. 

I have to submit this request via CFPB office since I do nopt have anyone who can lawfully administer my non-existing " loan account receivable ''. PennyMac lies non-stop but can not provide even a shred of evidence of its legit involvement. 

Please also find a Complaint against PennyMac Loan Servicing LLC, a fictitious servicer of non-existing loan account ; XXXX  XXXX XXXX, an investment bank who operates securitization scheme when I act as Investor/Guarantor, without my knowledge and consent ; and XXXX XXXX , XXXX owned by XXXX XXXX XXXX XXXX XXXX XXXX XXXX, who extorts from me my commission paid to me by XXXX  XXXX XXXX for my cooperation with their securities scheme via fictitious parties who posed as XXXX XXXX Mortgage and originator XXXX XXXX XXXX. 
I again received an automated letter from XXXX XXXX , XXXX ( who is acting under glimpse of PennyMac ) asking me how I want to return my commission to XXXX  XXXX XXXX either in lump sum, or in any other manner, while XXXX expects me to continue performing my services for them such as acting as a guarantor for their securitization scheme where XXXX collects bets from investors about performance of certain groups of DATA located on XXXX XXXX XXXX and backed by my securitized identity ( aka unjust enrichment and identity theft ) XXXX XXXX  tactic is commonly known as extortion racket since NO ONE including XXXX XXXX can not identify the owner of the account receivable who holds my loan as their ASSET on the general LEDGER. 

Nobody provided me even the name of the SELLER of my loan to XXXX XXXX or anyone else. PennyMac swamped me with absurd and contradicting lies and was only provide print outs of reports which look like my payment history where entries do not even match the actual events ; as well as lack ANY evidence of ANY sales or any ownership of the account RECEIVABLE for my purported loan A report is not a record. It is a statement made about a record made by unknown persons. That means it is lacking in the foundation since the person who made entries from which the report was generated is unknown and can not be questioned. 
PennyMac once submitted me copies RECORDS which were emailed to them by someone ( either XXXX XXXX or XXXX ( now XXXX XXXX  ) as PDF kit on XX/XX/XXXX, by someone, on the same day as I submitted a request for help with Michigans Senator XXXX XXXX. 
In other words, PennyMac, who lied from day one to be a Servicer and purchaser of my loan had NO single RECORD of any proof of purchase related to my so-called loan loan, not even REPORTS generated by XXXX XXXX, who emailed it to PennyMac later as a proof of non-existing transaction. 
As previously detailed, PennyMacs employee XXXX XXXX has no personal knowledge about the payment history and neither does the company he purports to be appearing as a servicer. 
XXXX XXXX, who is the ACTUAL servicer of non-existing loan accounts emailed these meaningless documents to PennyMac to create a false impression that my loan account receivable exist ; the loan account receivable is portrayed on that report ; The amount promised is shown on the payment history report ; XXXX XXXX ( who has no clue who sold my loan to PennyMacv and whom PennyMac is servicing ) has personal knowledge and familiarity with the way the report was generated ; ; The report is a complete record of all transactions relating to the alleged loan receivable account as represented on the payment history report. All payments have been properly accounted for and entered by competent trained personnel at or near the time of their receipt. All disbursements have been properly accounted for and entered by competent trained personnel at or near the time of their payment. 
NONE OF THOSE THINGS ARE TRUE IN COLLECTION OF MY MONEY ORGANIZED AND OPERATED BY INVESTMENT BANKS WHO DO NOT APPEAR ON THE RECORD AND THEREFORE CAN NOT BE DIRECTLY SANCTIONED FOR PRESENTING FALSE AND FRAUDULENT INFORMATION. 
THE NEXT SET OF REPORTS PRESENTED BY XXXX XXXX via PennyMac AS THOUGH THEY WERE COPIES OF THE RECORDS. 
Examples include mortgage, assignment of mortgage via XXXX to XXXX XXXX XXXX , XXXX on the same day as closing ( while XXXX itself deny its involvement until XX/XX/XXXX as a Servicer ), endorsements of notes, allonges, and so forth. Those documents basically report that someone paid value for the underlying debt, or the note, or the mortgage. 

Bear to repeat, NOBODY from the beginning, XXXX XXXX NEVER confirmed or provided ANY RECORDS regarding ANY Sales to anyone. 

According to XXXX  XXXX XXXX fairy tale, XXXX XXXX  ( who was not even originator of my transaction, much less a Lender ) purportedly sold my loan to someone, get money and started to fund new mortgages. ALL of it is a lie. 

The ORIGINATOR was XXXX XXXX whom XXXX submitted my information via XXXX XXXX XXXX. 

Money to pass me for my home purchase were borrowed by XXXX  XXXX XXXX from some undisclosed investors, backed on my and similar applications for loans as letters of guarantee ; and funds were passed to XXXX XXXX who forwarded them to me via XXXX XXXX XXXX who used XXXX Mortgage as a sham Lender to cover up the hidden parties - as a commission for my cooperation in XXXX  XXXX XXXX securitization scheme ( and probably some other Stockbrokers who sell unsecured bets backed homeowners identities indefinitely. ) The important thing about reporting documents is that by looking at them nobody cant tell if anything on them is true or false. In fact, MY reported payment history is full of highly questionable evens, like falsely reported deficiency fabricated by XXXX XXXX, which is not even reported. 

The second type of document which I repeatedly demand ALL parties XXXX, XXXX, XXXX XXXX, XXXX  XXXX XXXX XXXX and PennyMac to produce - is the one I never see now but they were always seen before Big Banks securitization scheme started. 

They are the original documents on which entries were made on the ledger of a company accompanied by a canceled check or wire transfer or ACH receipt. 

This means that the bookkeeper or VP of loans at a financial institution literally made a deposit of money into a loan account that can be identified. If these things do not exist, then any report that they do exist is untrue. And what I am saying is that in the context of securitization this never happens because the securitization players do not want and do not create or maintain a loan account even though they want homeowners think otherwise. 

So if, to make it simple, I have a canceled check from a party made payable to me and deposited into a financial account in the name of me as the homeowner, I have the beginning of a loan. 

But I dont see that anymore on any report sent to me by all parties, even though that is exactly what the law requires. Instead XXXX XXXX has convinced everyone to accept the reporting documents as though the accounting entries were made. But they never, ever show those accounting entries. 

So in practice, the use of reporting documents works up to a point. They are presumed valid until challenged. But as soon as I asked for the original documents or even copies of the original documents, I never get it. 

Not only documents, even the most basic information such as who SOLD my loan to PennyMac and which XXXX XXXX XXXX has my purported loan as their asset. 

The reason for the absence of accounting or original documents is simple. The securitization players had to avoid any loan account when they sold securities because if they owned a loan account they would be accused of selling the same loan over and over again. 

Instead, they sold securities representing performance data bets on nonexistent loan accounts as reported in the sole discretion of the investment bank who was operating under the fictitious name of the XXXX trust. 

I once again demand XXXX  XXXX XXXX, XXXX XXXX, PennyMac and Caliber to stop their chicanery and racketeering activities and provide me PROOF that my loan is property recorded as an asset on account receivable and which Company owns this account receivable. 
Is it PennyMacs contention that PennyMac has paid value for the underlying obligation ( previously defined in " Definitions '' ). 
Is it your contention that the Seller ( please provide the NAME of the Seller ) has received value for the sale of the underlying obligation Please identify the person or persons that are the legal custodians of documents relating to any purchase for value or sale for value by PennyMac, including their past and current employment, address, phone number and email address. 
Please identify the documents relating to any purchase for value or sale for value by PennyMac, including but not limited to any index or file number, with sufficient specificity such that it could and would be produced ( upon proper process ) without a legal objection as to vagueness or ambiguity. 
Please identify the geographical location and address of the place in which the above-referenced documents are stored relating to any purchase for value or sale for value by PennyMac, including but not limited to any index or file number, with sufficient specificity such that it could and would be produced ( upon proper process ) without a legal objection as to vagueness or ambiguity. 
Please produce for inspection the original cancelled check or wire transfer receipt or other electronic funds receipt for payments to and from PennyMac relating to the above referenced documents.

Once I receive VALID respond from PennyMac related to their purchase from a secretive Seller ; identify the Seller ; and verify value paid by PennyMac for my so-called debt, I will carefully review all these documents and submit other questions as necessary. 
So far I have no evidence that my so-called loan exists on any accounting ledgers of any company ; as well as any proof that it was a loan at the beginning. 
XXXX XXXX must stop terrorizing me with their bogus demands for lump sums payments which they sent under glimpse of PennyMac, since XXXX XXXX is a well-known criminal who forged millions of fake assignments about non-existing transactions as well as racketeer homeowners with demand for money XXXX XXXX has no rights to collect. Specially fabricated by XXXX XXXX bogus deficiencies Best regards XXXX XXXX

Company response to consumer: Closed with non-monetary relief