Consumer complaint received 2016-03-31
Company: GOLDMAN SACHS BANK USA
State: PA
Product: Mortgage
Sub-product: Conventional fixed mortgage
Issue: Loan servicing, payments, escrow account

Complaint:
I am seeking a valid response from Goldman Sachs. The dates provided in the response are flawed, as I did not purchase the home until XXXX. So, it was impossible to purchase the mortgage loan from XXXX XXXX on XXXX XXXX, XXXX ( the Note was Not held for One Year ). Goldman Sachs states, " According to the records ... .. '' -- What records? GS Mortgage Securities Corp is / was a related entity to Goldman Sachs. When did a Goldman Sachs controlled company sell the mortgage loan, and to whom? I would like a time-stamped and recorded document that would reflect compliance within XXXX, SEC and laws for the State of New York that pertain to the sales transaction from a securitized trust. Again, I am seeking regulatory help in this election year from XXXX XXXX, Director ; CFPB, FDIC, OTS, OCC, FTC and other previously mentioned government agencies -- as this level of fraud is unprecedented. 

Case number : XXXX Company responded Goldman Sachs Bank USA said : Explanation of closure In response to your request, based on a review of our firm 's records, please be informed that our firm has no ownership or any involvement with the operations of your loan. Goldman Sachs Mortgage Company purchased your loan from XXXX on XXXX XXXX, XXXX and GS Mortgage Securities Corp., acquired the loan from Goldman Sachs Mortgage Company and deposited it into a trust entitled XXXX XXXX XXXX XXXX XXXX ( Trust ), on XXXX XXXX, XXXX. According to the records, XXXX ( " XXXX '' ) is the trustee for the Trust, and the current owner of your loan. The Trust is a separate entity, XXXX XXXX Sachs maintains no involvement in the operations of the Trust, including maintenance of original documents associated with your mortgage loan. Please contact XXXX as Servicer, or the Trustee, XXXX, if you have questions regarding your mortgage loan payments or require additional information about the Trust. 

Describe what happened so we can understand the issue ... 
Goldman Sachs purchased my mortgage note from XXXX XXXX in XXXX. A securitized transaction that included my home loan was completed on XXXX XXXX, XXXX. 
The transaction names XXXX as the Trustee for Goldman Sachs XXXX XXXX XXXX XXXX. 
The transaction is deemed invalid, as the mortgage note was not transferred or recorded into the Trust within the 90-day closing period that is required by New York law and the Pooling and Servicing Agreement. 
For the past few years, Goldman Sachs has relied upon XXXX and XXXX to fabricate fraudulent Assignment of Mortgage documents in an effort to gain a legal standing to execute a foreclosure sale against my home. 
These types of action have led to the recent approval of a civil lawsuit against Goldman Sachs for {$5.00} XXXX Dollars ; which, I am seeking inclusion in the suit for wrongful foreclosure, unfair business practices and excessive emotional grief. 
Without recording the mortgage note into the Trust within the required 90-day time frame, Goldman Sachs, its Trustee or other representatives have no standing to foreclose on my home. 
I am a U.S. veteran who should not be subjected to shady financial transactions that were orchestrated by banks / investors who assisted in the toppling of our country 's financial system. 
Consent to publish the description of what happened? Consent provided I want Goldman Sachs to cancel my foreclosure sale, so that regulators from the OTS, OCC, FTC, CFPB, FDIC, HUD and other government agencies have an opportunity to review the facts of my case. 

I want to receive proceeds from the {$5.00} XXXX lawsuit that Goldman Sachs has agreed to pay homeowners who have been vilified as a result of its business practices and engagement in unethical dealing with mortgage banks, such as XXXX XXXX and XXXX. 

I

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation