Consumer complaint received 2024-03-22 00:00:00
Product: Mortgage — FHA mortgage
Issue: Closing on a mortgage — Closing disclosure or other related disclosures
Company: LD Holdings Group, LLC
State: CO

Complaint narrative:
I was enticed to go through a company called loanDepot.com, LLC for a " loan '' to acquire my shelter that closed on XX/XX/ 2017. I have since learned that I was most likely used for my credit worthiness for XXXX to use my Person through their patent and trademark to borrow against the united states of America without my knowledge, written or implied consent. I have tried to simplify the mortgage fraud as I comprehend it. 
BANK MORTGAGE BUSINESS IS AN UNCONSCIONABLE SCAM -THE PROCESS STEP BY STEP 1. Borrower signs the banks Loan Contract and Mortgage. 
2. Borrowers signature transforms the Loan Contract into a Financial Instrument worth the value of the agreed Loan amount.

3. Bank Fails to disclose to borrower that the borrower created an asset.

4. Loan Contract ( Financial Instrument ) asset deposited with the bank by borrower.

5. Financial Instrument remains property of borrower since the borrower created it.

6. Bank Fails to disclose the banks liability to the borrower for the value of the asset. 
7. Bank fails to give borrower a receipt for deposit of the borrowers asset.

8. New money credit is created on the bank books, credited against the borrowers financial instrument.

9. Bank fails to disclose to the borrower that the borrowers signature created new money that is claimed by the bank as a Loan to the borrower.

10. Loan amount credited to an account for borrowers use.

11. Bank deceives borrower by calling credit a Loan when it is an exchange for the deposited asset.

12. Bank deceives public at large by calling this process Mortgage Lending, Loan and similar.

13. Bank deceives borrower by charging Interest and fees when there is no value provided to the borrower by the bank.

14. Bank provides none of its own money so the bank has no consideration in the transaction and so no true contract exists.

15. Bank deceives borrower that the borrowers self-created credit is a Loan from the bank, thus there is no full disclosure, so no true contract exists. The borrower is the true creditor in the transaction. Borrower created the money. Bank provided no value.

16. Bank deceives borrower that borrower is Debtor not Creditor 17. Bank Hides its Liability by off balance-sheet accounting and only shows its Debtor ledger in order to deceive the borrower and the Court.

18. Bank demands borrowers payments without just cause. Deception-theft- fraud.

19. Bank sells borrowers Financial Instrument to a third party for profit.

20. Sale of the Financial Instrument confirms it has intrinsic value as an asset, yet that value is not credited to the borrower as creator and depositor of the Instrument.

21. Bank hides truth from the borrower, not admitting theft, nor sharing proceeds of the sale of the borrowers Financial Instrument with the borrower.

21. The borrowers Financial Instrument is converted into a security through a trust or similar arrangement in order to defeat restrictions on transactions of Loan Contracts.

22. The Security including the Loan Contract is sold to investors, despite the fact that such Securitization is Illegal.

23. Bank is not the Holder in Due Course of the Loan Contract. Only the Holder in Due Course can claim on the Loan Contract.

24. Bank deceives the borrower that the bank is Holder in Due Course of the Loan. 
25. For those who have a Deed of Trust with XXXX  listed as the nominee and beneficiary, XXXX  can not be either, they have no interest and they are a conduit for fraud. XXXX  through their patent and trademark have used the American People and their Person to borrow money using the live man or woman as surety to borrow against the United States of America without their knowledge, written, express or implied consent. No disclosure, total usury, and blatant fraud on the American public at large, The last two years of my life have been stolen from me as I have been forced to spend every day researching this mortgage fraud upon the people. I was deceived through non-disclosure and forced into involuntary servitude. This fraud has stolen years of my life source energy. I would like loanDepot.com, LLC to respond to each point of these allegations and affirm under penalty of perjury that these things were not perpetuated on me. I placed this alleged " lender '' and it's officers in a position of Trust and they have violated that Trust. loanDepot.com, LLC must be held accountable for the damage they have caused and for they years of my life that have been stolen due to their deceit!

Company response to consumer: Closed with explanation