Source: https://www.loansafe.org/forum/threads/rest-report-know-what-your-bank-does-not-want-you-to-know.38852/page-14
Timestamp: 2019-04-22 15:34:00+00:00

Document:
REST REPORT - Know what your bank does not want you to know!
leterbuck - michael here from REST Report Matters & Loan Mod Help Center i saw this thread and please email me at [email protected] and let's schedule a time.
I most likely ran your REST Report Matters Loan Disposition Analysis with Angela and want to assist in any way we can.
I have been working with several departments at Bank of America on loan mods and being paid by homeowners after they have received what they wanted such as an affordable loan mod.
if we need to re-run your loan disposition analysis commonly referred to as the rest report matters i want you to be a successful user of that software analysis toolkit.
also, if you need to speak to an attorney in Oregon i can recommend Clarke Balcom and his website www.clarkebalcomlaw.com who is a foreclosure defense attorney.
Hello everyone, new to the forum here. I a got question, is the RESTReportMatters.comstill accepting clients? I've been trying to get in touch with them for the last month through emails, phone calls, etc and I was never able to get an answer back. Does anybody know a similar company that will offer the same service or something close. I'd really appreciate if somebody could point me in the right direction to find me a trustworthy company to get my report going. Thanks in advance, hope to hear from you guys.
Contact Michael from the Loan Mod Help Center, he should answer your call or return your email in a very timely matter!
Thanks for the info and the email Evan. I just wrote to the email address you provided me and was able to get in touch with people @ RESTReportMatters.com.
Guess I was using the wrong email address.
Congratulations! Thank you for posting your experience and update with Loan Mod Help Center. I am so glad that Michael from Loan Mod Help Center was able to get you approved for an affordable modification.
Does the bank use a REST Report to decide if they will pull the foreclosure trigger?
warmup - No servicers do not use a rest report to decide if they will pull the trigger.
they use their own proprietary systems and home value and method of income and expense and hardship verification.
rest report was a useful tool in 2010 through 2011 for NPV denials to show why the homeowner should qualify for a loan mod but recently we have not had anyone we can show has benefited from its purchase because of www.checkmynpv.com.
its easier to run your own NPV analysis with different home values and income at www.checkmynpv.com and send those results in with the help of the MHA HELP team by calling 888-995-4673 and asking for the MHA NPV help team.
if you have an NPV data inputs value chart with the values the servicer used to evaluate a loan mod, please send over to us via email for a complimentary evaluation to see if there are any data input errors or omissions.
"The REST Report allows homeowners to know with certainty whether they qualify for a HAMP loan modification, and what the terms of that modification would be, BEFORE they apply, so no one has to go trough the costly, stressful and/or time consuming process for nothing. "
This sounds like a revolution in the home loan modification industry. What a refreshing change -- if people could find clarity around this very stressful issue and know right away what is required. Thanks so much for sharing this, guys.
Read this is what these crooks are hiding is from.
This is considered a special endorsement as it identifies a person that the instrument is payable to and only negotiable by that person see U.C.C. § 3-205. SPECIAL INDORSEMENT; BLANK INDORSEMENT; ANOMALOUS INDORSEMENT.
See, Pacific Concrete F.C.U. V. Kauanoe, 62 Haw. 334, 614 P.2d 936 (1980), GE Capital Hawaii, Inc. v. Yonenaka 25 P.3d 807, 96 Hawaii 32, (Hawaii App 2001), Fooks v. Norwich Housing Authority 28 Conn. L. Rptr. 371, (Conn. Super.2000), and Town of Brookfield v. Candlewood Shores Estates, Inc. 513 A.2d 1218, 201 Conn.1 (1986).
Plaintiff is a trustee for asset backed securities that where made under the PSA or Pooling and Servicing Agreement. This agreement is of public recorded and can be found atonline athttp://www.secinfo.com. The CWABS is the depositor, Countrywide Home Loans Seller, Countrywide Home Loan Servicing LP as Master Servicer, and Bank of New York as Trustee for the AB4 series see Exhibit C or online at http://sec.edgar-online.com/cwabs-a...urrent-report-filing/2006/01/27/section4.aspx. The PSA has a master documentation custodian for the trust known as the MDC. The MDC is the holder of all the “original” notes and mortgages that occur under the PSA. The MDC provides proper documentation and attesting to all transfers and assignments and assures that they truly and timely took place and in the proper order in regards to the proper chain of assignment. The plaintiff has failed to provide if any exists of the proper transfer and assignment per the PSA. As to the Exhibit D an assignment of mortgage dated 6/6/2011 and filed in State of Hawaii Buruea of Conveyances on 6/21/11 as Document Number 2011-097575 occurred years after the trust was closed and shows a chain of A to D scenario which is the originator directly to the trust. This chain can’t legally occur and goes against requirements set forth in the PSA. It was further executed under and by parties who weren’t employed by the originator and just claim to have authority as signers or some other justification to type of “agency authority” from the originator. This has brought doubt to the defendant to rights and status as borrower under the National Housing Act and PSA filed by Plaintiff with the Exchange Commission. Therefore the defendant is now subject by illegal acts and omissions described in further below to the foreclosure case brought on by Plaintiff.
1.Failure to and of administering and servicing subject mortgage loan required by federal and state laws.
2.Disregard to administer standard practices of mortgage lenders and servicers.
3.No attempt to provide proper servicing of the residential mortgage loan required prior to pursuing a foreclosure action. Disregard to the Fair Debt Collections Acts in laws provided by congress for the following but not limited to: § 802(a) abusive practices, § 807(2) & § 807(2)(A) False or misleading representations, and § 808(A)& § 808(B) Unfair practices.
4.The Plaintiff never provided the opportunity or ability to defendant for modification, waiver, forbearance or amendment to terms that are of general subject to the loan generally required pursuant to the PSA.
5.Defendant is being illegally subjected by Plaintiff prior and current foreclosure actions, being forced to defend the same. Defendant is having his credit slandered and negatively affected, all of which constitutes irreparable harm to Defendants for the purpose of injunctive relief and damages.

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