Consumer complaint received 2020-06-29
Product: Debt collection — Mortgage debt
Issue: Attempts to collect debt not owed — Debt was result of identity theft
Company: PENNYMAC LOAN SERVICES, LLC. (MI)

Dear CFPB DIFS, Michigan AG, Supreme Court Senator XXXX, and other authorities, I respectfully request you to investigate the biggest XXXX XXXX ever existed in the World history, which is operated by the same people who collapsed American housing and stock market in XXXX, but were never held liable for any crimes. They expectably collapsed Worlds economy again in XXXX, which resulted in secretive bailouts to Big Banks by Federal Reserve, started XX/XX/XXXX, or before Coronavirus. 
Now Federal Reserve is buying approximately {$620.00} XXXX in U.S. treasury bonds, including XXXX XXXX XXXX bonds ; corporate bonds, and municipal bonds every week. That's nearly {$2.00} XXXX XXXX per month. 
Surprisingly, Federal Reserve, who should now be called the XXXX XXXX # XXXX, never mentioned purchases of any loans from any Trusts where these loans are pooled as securities and entrusted to Trustees like XXXX XXXX XXXX XXXX who suppose to hold these MBS for the benefit of investors like XXXX XXXX or XXXX who also claims to be the owner of the debt, creditor, issuer, and anything else. 
How can Federal Reserve buy MBS directly from XXXX XXXX without participation all other parties who are responsible for these MBS bonds which are serviced by companies like PennyMac Loan Services , LLC, who also claims to be the owner of the debt. 
But Trusts or Trustees or Servicers are never mentioned in Federal Reserve purchase of XXXX XXXX bonds. As well as any owners of any loans ; or loans themselves. 
Neither XXXX XXXX or Federal Reserve never informed homeowners like myself about drastic changes of the ownership of our debt. I am wondering why? 
It can only happen if nobody owns this debt and no Trust exists to participate in any sales of securities backed by loans. Federal Reserve buy mortgage assets ( which nobody called loans ) which are passed to Federal Reserve by XXXX XXXX and Stockbrokers as a sale since no one company can claim this debt on their accounting books.

In fact, Federal Reserve simply returns Investors their money paid for Stockbrokers thin-air derivatives while gives Big Banks and Black Knight a flesh start to initiate a new foreclosure mill, as they do during last 20 years. 
My creditor/owner/investor PennyMac was not even mentioned in Federal Reserve purchase of XXXX XXXX XXXX even though it would be logical for to buy loans directly from the owners, like XXXX claims. 
Why XXXX is not participating? Because XXXX is a bundle of a middle level criminals who do absolutely nothing with originating, servicing, foreclosing or buying any loans because they do not have money to buy. 
All of it origination, servicing, pre-designed defaults, foreclosures is done by one company XXXX XXXX ( formerly Lenders Processing Services/DocX ) who is originator, Servicer, and forecloser of 62 % of ALL American mortgages though their sophisticated system LoanSphere where other parties get a limited access via login and password. 
Money at the closings are passed from Stockbrokers pool which is not related to any mortgages, so called table funding. They are collected from investors in exchange of unsecured certificates based solely on Stockbrokers promises to repay. This information is public and can be found in Prospectuses filed with SEC, where Stockbrokers specifically identify that they trade unregulated securities sold to investors who are unsecured creditors to Big Banks but not secured creditors to homeowners. Moreover, Prospectuses specifically emphasize that Investors to not expect any other collateral than Stockbrokers promises to pay to avoid liabilities for violations of every lending law in the US. 
XXXX XXXX XXXX , XXXX and PennyMac were given some access to XXXX XXXX system via password, as shown in the picture below, so they are able to see and even print limited information such as billing records prepared and maintained by XXXX XXXX without ever touching any money ( except fees ) or borrowers data while pose as legitimate parties to defraud borrowers, investors and Courts. 
When PennyMac tried to steal this system from XXXX XXXX to create their own, XXXX XXXX sued PennyMac and fired them effective XX/XX/XXXX. 
So, PennyMacs pretenses to be a Servicer of non-existing Trust are baseless lies since PennyMac never serviced any Trusts and now even do not have contract with Black Knight to use their system where my data is stored from XX/XX/XXXX. 
Based on this unprecedented crime 30 million Americans were illegally foreclosed by Black Knight and Stockbrokers who got free homes plus proceeds from sales as their additional revenue. 
With 40 million currently unemployed, Big Banks and XXXX XXXX can not wait until the Government will give them a signal to start foreclosure mill which will surely collapse the entire County. 
Here is how Mr. XXXX and Stockbrokers XXXX XXXX works : My independent lender and Loan Originator XXXX XXXX XXXX XXXX never originated any loans or lent any money, except collecting fees paid to them by Stockbrokers via sham intermediaries. XXXX merely forwarded to them borrowers data while pretended to be a Lender who sells loans to someone else. This is a myth to cover for the real nature of this transaction securitization scheme based on borrowers identity. 
The actual originator was Mr. XXXX XXXX XXXX XXXX, owner of LPS/DocX/Black Knight who created a huge criminal monopoly under the nose of all authorities, with total impunity. 
XXXX passed my data to XXXX, a middle level intermediary who has an access to XXXX XXXX XXXX. I doubt is XXXX was given an access, or even knew XXXX XXXX is involved, they were too small for it. 
XXXX, in turn, passed my data to XXXX XXXX who originated this transaction via his XXXX XXXX, enterprise loan origination system ( XXXX ) that provides the functionality for every facet of the origination process from point-of-sale to post-closing. Offered as both an ASP and self-hosted solution, XXXX supports consumer, retail and wholesale point-of sale channels ; loan fulfillment and closing ; pre- and post-closing audit and compliance functions ; product and pricing ; electronic document management ; and industry-standard interfaces. 
Money for my transaction were processed by XXXX XXXX from a Stockbrokers table funding pool, which XXXX XXXX passed to XXXX who mislabeled it as a loan. In fact it was a payment for my financial services to Stockbrokers and participation in securitization scheme as an initial Issuer of the Note ; and for assuming all risks associated with junk fees, pre-designed default and foreclosure, psychological tortures by fake servicers ; endless financial manipulations and threats, and confiscation of my homestead to repay non-existing debt ( aka profit to Stockbrokers who made at least 12 times more from trading my securitized identity as bogus derivatives, which Federal Reserve now re-purchase from defrauded Investors. 
Here are NO accidental defaults or foreclosures in America which are due to borrowers fault. It is all carefully designed and planned by professionals like ill-driven Mr. XXXX. 
Here are some simple basic tricks used by Mr. XXXX to create actual defaults after loans are internally defaulted to be sold as defaulted debt derivatives. First, excessive fees and charges, like outrageous Flood Insurances for homes even in a desert or on hills ( Flood Zone determination is done in-house, by XXXX, see below ). Second, by churning refinancing with huge cash outs under adjustable rates by predatory Lenders ( actors for hire who receive borrowers information from CoreLogic ). Third, bogus deficiencies by manipulations with escrow accounts maintained by XXXX XXXX. When I received {$1900.00} lump sum deficiency along with {$400.00} per month ( or about 50 % ) payment increase, I immediately demanded explanations from XXXX my lump sum deficiency suddenly disappeared and my payment increased by about {$200.00} instead of {$400.00}. But most people do not challenge deficiencies since they think it was done in good faith, maybe due to some accounting mistakes, and receive bills as much as {$15000.00} lump sum plus extra thousands of payment increases, which is a guaranteed default and foreclosure. 
When I contacted DIFS and asked them to investigate, Mrs. XXXX responded with absurd runaround where she repeated the same lies told her by XXXX and PennyMac. 
Mrs. XXXX said that according to XXXX, my loan was originated with XXXX XXXX XXXX XXXX I dont know based on which evidence Mrs. XXXX concluded that my loan was originated with XXXX if all documents show that it was originated with XXXX XXXX and funded by a Stockbroker via XXXX while XXXX tried to conceal these parties from me by forging RESPA Settlement Disclosure. But she ignored my evidence and sided with criminals. 
Mrs. XXXX further stated that XXXX performed escrow analysis on my escrow account, which is not true. All is done though XXXX XXXX XXXX. 
Mrs. XXXX further stated that according to PennyMac my loan was in default which is not true. Mrs. XXXX must be familiar with State and Federal debt collection laws as well as contract laws, particularly XXXX which state that only lawful creditors and owners of the debt can declare loans in default. I lawfully demanded a Validation of this debt from PennyMac, which they were never able to provide since PennyMac never was a creditor or a legit representative of the creditor to collect from me any money or declare me in default, which I consider as false and defamatory statements. But once again XXXX sided with criminals to cover for their fraud. 
XXXX further advised MrsXXXX XXXX that servicing of my loan was transferred to PennyMac. But XXXX never said WHO facilitated and/or approved Servicing transfer of my loan to PennyMac, who started calling themselves buyersowners, creditors, investors, issuers, ect without any evidence in support and without even a Seller. Did XXXX transferred servicing rights to PennyMac? Or a Trust or Trustee transferred servicing rights to PennyMac? Or XXXX XXXX ( who has no idea about Trusts serviced by XXXX or PennyMac ). Or MERS, a fake mortgagee? 
When I asked Mrs. XXXX to contact XXXX, PennyMac, XXXX XXXX and MERS to identify the Seller of my loan to PennyMac ; who approved changes of Servicer ; and who appointed XXXX and XXXX as Servicers she refused to comply with my request. 
Because nobody appointed XXXX or XXXX as Servicers to non-existing Trusts. XXXX XXXX merely gave XXXX and XXXX separate passwords and logins to his LoanSphere, so they can see and even print some billing records as evidence of ownership which they regularly presented in the Court to steal homes from defrauded borrowers under glimpse of enforcing debt repayment ( aka revenue for Wall Street Gang ) by non-related parties. 
Mrs. XXXX further stated that requirement for flood insurance was determined by the flood certificate from FEMA which acknowledged the property in the flood zone as of XX/XX/XXXX. 
This is another lie. FEMA has nothing to do with flood determination or flood certificate. It was all done by XXXX who is integrated with XXXX XXXX by at least 5 platforms. XXXX of which provide XXXX Determination and Identity theft services. 
Here is how XXXX XXXX XXXX, XXXX formerly XXXX XXXX XXXX XXXX XXXX XXXX, MI companies, ID Number : XXXX, describes its business model : As the largest provider of Flood Zone Determinations to the mortgage industry, we pride ourselves on providing the same excellent service and reliable industry-proven flood products to all of our clients regardless of their size or production volume. Basic Flood Determinations provide you with a Standard Flood Hazard Determination Form ( SFHDF ) Our technology streamlines the process and returns completed flood zone determination within minutes over 93 percent of the time. We return all Flood Zone Determinations on the FEMA Standard Flood Hazard XXXX XXXX, which in my situation was submitted to CoreLogic by XXXX XXXX, both of whom try to conceal their participation in my purchase and their roles. 
This is why XXXX claimed that they never received my XXXX and demand to remove XXXX XXXX because it was received by XXXX XXXX who simply ignored it because XXXX XXXX goal are defaults and foreclosures they handle to Big Banks/Stockbrokers. XXXX and XXXX are merely vehicles to act as real parties, push borrowers in defaults under XXXX Knight guidance and support ; and appear in the Court to launder broken Titles, mostly insured by XXXX participant First American Title. 
Thus, " Lenders '' do not originate, service or foreclose anything. XXXX XXXX does. Who can create any Trusts if everything is in hands of ONE person - Mr. XXXX XXXX and his XXXX XXXX? 

Big Banks to not pass any money to Lenders. Big Banks do not hire lawyers to foreclose. Big Banks do not hire realtors to sell properties. It is all done by XXXX XXXX who originates loans, pass money from Stockbrokers to intermediaries ; service all loans in his system and give self-proclaimed Servicers a password to login with a limited access in XXXX platforms ; create hardships to create defaults ; forge documents making back-dated assignments to illegally foreclose ; and start all over again. 

And XXXX XXXX and XXXX XXXX Gang will continue its crimes unless the Government will stop them. 

I respectfully demand DIFS, MI XXXX, and all other authorities to investigate and prosecute Mr. XXXX XXXX XXXX XXXX and his Stockbrokers crimes ; order them to compensate homeowners for all damages, just like most recently Court ordered to cancel student loans for defrauded students ; and PAY homeowners their fair share for forceful participation in Big Banks securitization scheme, in the amount at least 20 % royalties from all trades. 

I want to mention that involuntary servitude ( aka slavery ) in America is abolished in XXXX, when the 13th Amendment was formally adopted into the U.S. Constitution, ensuring that neither slavery nor involuntary servitude shall exist within the United States, or any place subject to their jurisdiction. 

Mr. XXXX XXXX and Big Banks created the most cynical slavery when people work hard to save money for HOME purchase, bring these money to criminals expecting to be equal parties of an honest contract and lured into a fraudulent scheme where their identities and homes are sold in all possible forms mostly as defaults ; while unsuspecting borrower spend his/her entire life, sometimes 30 years to return the only one payment - masqueraded as a loan for involuntary servitude in Big Banks Ponzi Scheme plus bailout criminals every 10 years, or more. All while Mr. XXXX and Stockbrokers enjoy 12-50 times more money from trades of their servantss stolen identities plus revenue from stolen homes, wealth transfer and free labor for years. 

Since XXXX XXXX is no longer a holder of MBS bonds which were not backed by any mortgages ; and PennyMac was terminated as a sham conduit from XXXX XXXX system, I request Mr. XXXX and Stockbroker ( XXXX XXXX XXXX ) who receives my payments as their tax-free revenue to identify my current Creditor and how this owner received rights to my debt ( under UCC Art 9 203 ) return me illegally collected money ; pay me 20 % from all trades as XXXX XXXX ; provide me a release of any liens since my mortgage is not a loan, and pay me treble damages for fraud, racket, identity theft, unjust enrichment, conspiracy to defraud, defamation of character, emotional distress and other damages. No less than {$50.00} XXXX or more. 

Best regards, XXXX XXXX