Consumer complaint received 2021-01-14
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, I MANY times contacted your agency asking to help me to identify me the owner of my purported debt ; and how PennyMac became a Buyer of my so-called loan if they can not even name the Seller ; Servicer for some non-existing XXXX XXXX XXXX ; and Issuer of some securities while nobody from XXXX XXXX do not even aware about PennyMac 's role as as " issuer '' as confirmed by XXXX XXXX Vice President XXXX in his letter to Senator XXXX. PennyMaXXXX can not identify who APPOINTED them as a Servicer ; have no single proof to support their claim as " investors ''. 

PennyMac ignores all my questions and relentlessly lie to Federal Authorities that PennyMac purchased my so-called debt from some unknown seller - while all evidence shows totally opposite - PennyMac is a thief who stole homeowners data from XXXX XXXX to racketeer homeowners on its own. 

In all recent communication PennyMacs representative XXXX XXXX ( a counter- defendant in racket case XXXX filed in NC Federal Court on XX/XX/XXXX ) advised me that he will continue to lie about PennyMacs false position as a buyer owner investorissuer and servicer of some non-existing Trust where XXXX is a purported Trustee while PennyMac NEVER was a buyer owner issuer or investor in anyones debt ; and Trust mentioned by Mr. XXXX does not exist. Which is a Federal crime since XXXX lie to Federal Authorities about fake entity which purportedly created by another Federal Authority, thus make XXXX XXXX liable for this crime and fraud against investors. 

ALL of it are lies, which are confirmed by XXXX XXXX XXXX XXXX ( the real servicer and originator who collects my money via lockbox agreements with XXXX, XXXX XXXX to pass it as tax-free revenue to XXXX XXXX XXXX who are the Issuers of unregulated securities - bets - which they sell to investors. 

Despite PennyMacs lies and fraud, which I proved many times, XXXX XXXX continues acting under PennyMacs name, to terrorize me with offers to modify my loan purportedly by PennyMac - even though I requested extension of my forbearance on return of my commission paid to me by all XXXX XXXX  for issuing my Promissory Note which this XXXX XXXX XXXX used to initiate a windfall of profits. by selling my DATA on the open market to various investors in form of BETS on performance of certain business evens PLUS place bets against the same events to get insurance coverage. 

Now they want additional windfall, my home, acting under glimpse on non-related parties such as PennyMac. 

In XXXX similar crimes resulted in death penalty to so-called default debt fund manager XXXX XXXX for bribery and corruption. XXXX XXXX, who has no idea to whom they guarantee payments since ALL their information about so-called sales and servicing is coming from XXXX XXXX XXXX which is previously known as XXXX  XXXX XXXX XXXX, the King of forged documents in foreclosures. 

XXXX XXXX XXXX and XXXX XXXX enjoy total impunity from all crimes because American Government is unwilling and unable to control XXXX XXXX XXXX and their lower level mobsters like PennyMac. 

I AGAIN received undated, unsigned Notice sent to me by XXXX XXXX automated system, offering me a modifications with PennyMac who has absolutely NO relationship to my transaction with originator and Servicer XXXX XXXXt who passed me a one-time payment masqueraded as a loan via fake Lender XXXX XXXX XXXX XXXX. 

Since the named originator - XXXX XXXX XXXX XXXX - was not the originator and much less a Lender, they could not transfer or convey the loan anyone. 

The transaction was with a XXXX XXXX Brokerage Firm who paid me for being inducted into a concealed business plan and not as part of any loan that was recorded as such on the lender side.This is why XXXX XXXX immediately prepared an assignment to XXXX signed by Collateral Shipper XXXX XXXX - while nobody can even tell where this Mr. XXXX worked and if this is a real person. 

This XXXX was executed - but never recoded ; and XXXX always DENY any involvement in my transaction until XX/XX/XXXX, merely as a Servicer for someone whom XXXX can not identify. 

XXXX also deny any ownership of my loan ; and never disclosed who was the Seller of my loan to PennyMac. Because XXXX was just an intermediary as well for an investment bank, who was always the real party in interest. In the entire process, there were no entries on the ledgers of any company reflecting payment for the underlying obligation created by issuance of the promissory note because there was no underlying obligation. At closing, the payment received by homeowners was disguised as a loan in order to get it back. This left homeowners with risks far exceeding the known parameters of the deal and without a lender or even a loan account receivable from which the homeowner could demand an accounting. 

It also left homeowners with no payment at all for their services in launching an astronomically profitable business of selling securities that were only discretionary promises to pay and/or that were bets on the future reports of investment banks who referred to the performance data on loans in which they had no interest. 

But since PennyMac is hired by Big Banks to defraud homeowners and investors, and this is the only purpose of their existence, Mr. XXXX continue to send me lies from XXXX XXXX XXXX scrip. 

Here are no evidence of any sales or any other lawful assignments or transfers to anyone. That gave the investment bank the flexibility to name ANYONE as thevirtual creditor while concealing the fact that it had extinguished the obligation as it was acquired. 

It is absolutely evident that PennyMac is merely a group of liars from XXXX pretending they servicing something while everything is done by third parties - XXXX XXXX who collects ALL my money via lockbox agreements with XXXX ; and XXXX who helps XXXX XXXX to defraud homeowners and investors and who pay ALL Taxes and insurances from XXXX XXXX operating funds while Big Banks pocket all escrow payments and their additional revenue because nobody has an account receivable for ANY loans. 


Since XXXX XXXX Stockbrokers want to keep their presence secretive and XXXX XXXX also is not willing to disclose, I demand forbearance under CARES Act on retuning my commission to XXXX XXXX XXXX until XX/XX/XXXX ; full investigation against PennyMacs racket and compensation for all damages, including emotional distress.

Company response to consumer: Closed with explanation