Consumer complaint received 2022-05-26
Company: FISERV INC.
State: MI
Product: Debt collection
Sub-product: I do not know
Issue: Attempts to collect debt not owed
Sub-issue: Debt is not yours

Complaint:
Qualified Written Request, Debt Validation Request and Complaint against Fiserv , Inc and XXXX XXXX XXXX XXXX ( branch of XXXX XXXX XXXX XXXX XXXX ) for racket, mail fraud, conspiracy to defraud and other crimes. 
Dear CFPB : I was defrauded by one of XXXX XXXX  Investment Banks, likely by XXXX XXXX, who hired actors to pose as a lender and servicers ; and XXXX companies ( real servicers ) like XXXX XXXX XXXX XXXX and FiServ, to sell me information about money ( virtual loan ) dressed as a real loan. 

During at least last three years all so-called billing statements on XXXX XXXX XXXX XXXX XXXX ( XXXX ) letterheads were printed and mailed to me by FiServ. All my money were collected by XXXX XXXX and their branches XXXX and XXXX and laundered via XXXX XXXX XXXX XXXX XXXX XXXX and a shady credit union in California for unknown to me beneficiaries. 

On XX/XX/2022 I received another fake " billing statement '' printed and mailed to me by FiServ on XXXX 's letterhead, with another demand for money. 

XXXX has absolutely nothing to do to with these creative manipulations, except provide their name to be used on letterheads sent to me by FiServ, XXXX XXXX and their various XXXX companies. 

FiServ admitted that they print and mail me so-called billing statements in connection with XXXX but refuse to answer if my data is provided to FiServ by XXXX ; and disclose to me the name and contact information for XXXX responsible officer who authorized FiServ to send me so-called billing statements. Which is a glaring violation of RESPA and FDCPA. 

I already demanded FiServ to cease and desist ANY illegal communication with me until FiServ provide me requested information and disclose if they RECEIVE MY DATA from XXXX and provide me name and contact information for PennyMacs responsible officer who authorized FiServ to send me so-called billing statements to collect from me money. 
As of today nobody can find my loan with lender XXXX XXXX  or any following transactions, including any XXXX servicing of this so-called loan. 

On XX/XX/2022 the Consumer Financial Protection Bureau ( CFPB or XXXX ) issued an interpretive rule, describing states authorities to pursue companies and individuals that violate any of the federal consumer financial laws enforced by the CFPB which is modus operandi for FiServ XXXX XXXX who are engaged in a high-scale mail fraud ; racket, identity theft, conspired with XXXX XXXX Investment Banks to defraud homeowners like myself and regularly violate XXXX ; FDCPA ; RESPA, ect. 

FiServ and XXXX XXXX try to extort from me REVENUE for unknown to me parties masqueraded as repayment of debt while nobody can find this alleged " debt '' which does not exist on any books or records of any company, specially XXXX 's. 

XXXX XXXX convinced both homeowners and investors that the substance of securitization meant the creation of a loan transaction and then the sale of that loan transaction and the financial expectancy of payment to multiple investors. But the securities brokerage firms never intended any of that. They had to be convincing or else the plan wouldnt work. The real plan called for selling the Loan over and over again by giving attributes of the transaction different names. So in the end, if they paid {$200000.00} to or for a PRIOR homeowner XXXX, they would sell it for at least {$2.00} XXXX, plus additional {$2.00} XXXX from my transaction where no real money were involved at all. 
What they could never say, under their plan, was that they were selling a virtual loan with no value in lieu of a real loan consisting of a lender or successor paying for an unpaid loan account.. It is by suppressing the truth about the transactions that the XXXX XXXX investment banks and securities brokers make all their money aka STEAL from me money by using mail fraud and deception. 
They are hiding it because several people ( entities ) get paid revenue from proceeds of payments but none of them have a right to receive it. And they did it that way so they could, in substance, sell the same transaction multiple times to multiple investors without ever having to credit an unpaid account receivable - because an unpaid account receivable does not exist on the books of any person or entity. 
The investment bank hired good actors to play the parts one would expect in a loan transaction. That is how they sold this scheme. 
I demand FiServ, under RESPA and FDCPA, to disclose if they receive my data from XXXX, to print and mail me so-called billing statements I demand FiServ to disclose me name and contact of PennyMacs responsible officer who authorized FiServ to print and mail me so-called billing statements If FiServ and XXXX XXXX  XXXX XXXX XXXX XXXX XXXX continues to violate RESPA and FDCPA and refuse to provide me disclosures I demand FiServand XXXX ( dba XXXX XXXX, XXXX XXXX to cease and desist ANY contact with me which is a text-book mail fraud and extortion racket.

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