Consumer complaint received 2021-12-28 00:00:00
Product: Debt collection — I do not know
Issue: Attempts to collect debt not owed — Debt is not yours
Company: PENNYMAC LOAN SERVICES, LLC.
State: MI

Complaint narrative:
XXXX and Complaint againsXXXX XXXX XXXX XXXX XXXX as alleged Trustee and payment processing Agent ( XXXX  ) ; PennyMac Loan Servicing , LLC as alleged " Servicer '' and XXXX XXXX XXXX XXXX I found a document which looks like XXXX XXXX XXXX 's task log and an undercover mass laundering operation. 

As you can see from the log, all servicing activities are performed by someone's employees per secured instructions from secured Message Centers which are obviously not controlled by PennyMac who does not perform ANY servicing functions. 

In fact, PennyMac does not perform ANY activities except giving nods to use their name on the letterheads sent to me by XXXX XXXX 's or XXXX XXXX ' XXXX XXXX  and XXXX who operate these " secured centers '' per XXXX XXXX Banks instructions. 

Their XXXX companies have absolutely no contractual or other duty owed to the named Servicer or alleged owner. And the named beneficiary does NOT receive any of my payment from either the servicer or the XXXX companies. That is entirely fiction. AND that is why my every attempt to obtain corroboration through XXXX  or XXXX is stonewalled. There is no corroboration. 

Each my payment produces money proceeds that go into the pocket of an investment bank as either general revenue or return of capital against the fictitious double-entry bookkeeping account. In plain language, the money is NEVER used to reduce a loan account because there is no loan account. You can see if from the task log below. 

The payment history is a report on a report prepared by an undisclosed XXXX company from data that has been massaged as instructed by an investment bank. It is NOT a simple report of the condition of the loan account. Want proof? Show me one payment history that contains the beginning entry starting the loan account and showing the current balance as owned by the named beneficiary. It doesnt exist. Show me one payment history that shows disbursement of funds received from anyone to any creditors. It doesnt exist. 

This is how XXXX XXXX and XXXX XXXX 's money laundering scheme via XXXX companies works : My mortgage payments are processed by someone's employee XXXX XXXX via some XXXX XXXX XXXX XXXX XXXX in XXXX ( who of course never mentioned to me and never appear in any of my checks ) per instructions from secured messages from secured Message Center ( aka XXXX 's XXXX ). 

" PennyMac '' robo-signer " XXXX '' is not even mentioned in this very detailed log even though he claimed to perform all research and that " PennyMac 's XXXX financial institution is XXXX XXXX  XXXX XXXX 

The real trace of my payments is as following : 1. I receive billing statements prepared by unknown to me parties and sent by likely XXXX XXXX, XXXX ( XXXX XXXX XXXX ) who instruct me to mail my payments to someone's XXXX XXXX XXXX XXXX XXXX. 

2. My checks are picked by XXXX XXXX via XXXX who process my payments via XXXX  XXXX XXXX, without any disclosures to me- even when requested by XXXX why XXXX performs servicing if another company claims to be a Servicer. 

3. From XXXX  XXXX XXXX my payments are converted into account of XXXX XXXX XXXX XXXX, Account ending XXXX, Routing Number XXXX, located in XXXX which is owned by unknown to me parties. 

4. My payments do NOT result in reduction of my principal amount and do not fund my escrow account. 

5. I do not know who is the owner of this account and who receive my money. 

Who receives my payments? Why my payments do not reduce my principal amount and not credited to my escrow? 

Where my escrow payments are coming from? Who owns the ledger and the account receivable where my payments are deposited? 

Why this process looks more like money laundering from illegal drugs sales on the streets rather that a legitimate transaction backed by " full faith in American Government '' Regards XXXX XXXX

Company response to consumer: Closed with explanation