Consumer complaint received 2022-03-02
Company: RUSHMORE LOAN MANAGEMENT SERVICES LLC
State: NY
Product: Mortgage
Sub-product: Conventional home mortgage
Issue: Trouble during payment process

Complaint:
COMPLAIN AGAINST XXXX XXXX, XXXX * ON XX/XX/XXXX XXXX XXXXXXXX XXXX.ADRESS : XXXX XXXX XXXX, XXXX, TX XXXX FILE AN ASSIGNMENT OF MORTGAGE ON MY PROPERTY WITH A NEW NMLSR ID # XXXX. Purchaser of a loan have to get permission from beneficiaries to buy a loan, my loan was in a pool with many beneficiaries, I am also a beneficiary and originator of the security, and I was never asked for permission. 
MY ORIGINAL NMLSR ID # IS XXXX. Once a mortgage note gets sold and converted into a security, is no longer a mortgage note, it gets converted into a different instrument under the law, and all of this was done without my signature. 
* XXXX XXXX, XXXX is not the owner in due course, I am. Debt was charged off ; THEREFORE XXXX XXXX XXXX HAS NO CLAIM ON MY PROPERTY. AND XXXX XXXX, XXXX HAS COMITTED FRAUD. FABRICATING AND RECORDING A FRAUDELENT DEED UNDER ITS NAME. 
PLEASE SEE ATTACCHEMENTS. 
PREAMBLE : XXXXIN XXXX OF XXXX XXXX XXXX  XXXX XXXX XXXX XXXX LENDER PROVIDED ME SERVICES TO EXTEND CREDITS ON A PURCHASE OF MY PROPERTY. 
* AT XXXX XXXX XXXX, XXXX NY, XXXX. 
*ON OR ABOUT XX/XX/XXXX I ACQUIRE MY PROPERTY THE LOAN WAS AN AFTER ACQUIRE LOAN ( PERSONAL LOAN ) - NOT A SECURED LOAN- LOAN WAS APPROVED BEFORE I GOT THE PROPERTY. ( PLEASE SEE ATTACHED MORTGAGE AND NOTE ) AT THE TIME I DID NOT HAVE THE KNOWLEDGE THAT I HAVE COME TO BE AWARE NOW ; BUT FRAUD HAS NO STATUE OF LIMITATIONS. 
XXXX NEVER HAD THE MONEY TO LEND OUT IT IS AN ILLEGITIMATELY FORM OF CONSIDERATION AND THEREFORE VOIDS THE CONTRACT TO REPAY. BANK NEVER HAD THE MONEY ON ITS PROPERTY, FOR IT TO BE GIVE IT OUT! 
AN ENFORCEABLE MORTGAGE CONTRACT REQUIRES CONSIDERATION FROM EACH PARTY- EACH PARTY TO PUT AN EXCHANGE OF ONE FORM OF CONSIDERATION FOR ANOTHER ( XXXX XXXXXXXX XXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX IT WAS MY CREDIT- NOT XXXX 'S XXXX OR MONEY WHAT MADE IT POSSIBLE TO OBTAIN MY HOUSE. 
THAT MY MORTGAGE AND DEED OF TRUST ARE ONLY EVIDENCE OF THE LOAN. MY CREDIT WAS THE COLLATERAL, NOT MY HOME, THAT IS WHY THE CHECK WAS ISSUE TO THE SELLER NOT THE BANK. 
I AM THE ORIGINATOR AND ORIGINAL HOLDER. I DELIVERED A BLANK ENDORSEMENT ... I DID NOT KNOW HOW TO PROPERLY ENDORSED THE NOTE TO THE U.S TREASURY. 
THE TRUSTEE TRADED MY MORTGAGE INSTRUMENT ON THE MARKET WITHOUT PAYING ME AS A GENERATOR OF CREDIT- MAKING FRAUDULENT PROFITS ON MY PROPERTY/MORTGAGE INSTRUMENT. PROFITS SHOULD HAVE BEEN APPLIED TO THE BALANCE PAYMENTS. 
XXXXON XXXX DUE TO THE FINANCIAL CRISIS  I COULD NOT CONTINUE WITH PAYMENTS XXXX MORTGAGE CORPORATION FILE A CASE OF FORECLOSURE INDEX # XXXX ( SEE ATTACHED ) AFTER SIX MOTNH OF DEFAULT ITS CUSTOMARY BY BANKS TO APPLY FOR MORTGAGE INSURANCE BENEFITS. 
XXXX XX/XX/XXXX MY DEBT WAS CHARGED OFF BY A XXXX  XXXX BANKRUPTCY CASE NO : XXXX ( PLEASE SEE ATTACHMENT ) BANKRUPCY PROCEEDING IS AN EQUITY/MREM PROCEEDINGS XXXX XXXX HAD NO CLAIM OF DEBT-BANK HAS BURDEN OF PROOF THAT THE DEBT IS STILL OUTSTANDING!

WHEN THERE IS A CHARGED-OFF BANKS USULLY APPLIED AN INTERNAL CREDIT IN THE AMOUNT OF THE LOSS IN ORDER TO ZERO THE BALANCE AND CLOSE THE ACCOUNT. BANKS OPENED ANOTHER ACCOUNT TRANSFERRING THE AMOUNT OF CHARGED OFF ; THAT I DID NOT SIGN NOR WAS AWARE OF IT! 
MY LOAN WAS SOLD SEVERAL TIMES TO OTHER INVESTORS, WHEN A MORTGAGE IS CONVERTED INTO SECURITIES IS NO LONGER A MORTGAGE NOTE ; IT BECAMES A DIFFERENT INSTRUMENT.. 
XXXX XX/XX/XXXX MY PROPERTY WAS SOLD BY XXXX INVESTORS, L.P TO ITSELF. IT WAS A FRAUDULENT PURCHASE BECAUSE THERE WAS NO DEBT. ( PLEASE SEE ATTACHED 1099-A BOX # 5 ) WHERE IT PROVES ONCE AGAIN I WAS NOT LIABLE FOR REPAYMENT. THE DEBT WAS CHARGED -OFF AND THE SO CALL LENDERS GOT PAID AGAIN AND AGAIN. 

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XXXX XXXX XX/XX/XXXX Please attachmentS : *MORTGAGE *NOTE *BANKRUPTCY XXXX XXXX *OWNERS DEED *REFEREES DEED *1099-A *ASSIGMENT OF MORTGAGE *JUDGEMENT OF FORECLOSURE AND SALE

Company response to consumer: Closed with explanation