Consumer complaint received 2025-05-20 00:00:00
Product: Mortgage — VA mortgage
Issue: Struggling to pay mortgage — Foreclosure
Company: PENNYMAC LOAN SERVICES, LLC.
State: FL

Complaint narrative:
I had to medically retire from the XXXX XXXX of XXXX. I have filed for full medical XXXX with the Veterans Administration. 
Dear Penny Mac Loan Services, LLC : Please supply the information below so that I have all the information : The name and address of the creditor to whom the debt is currently owed, the account number used by that creditor, and the amount owed. 
If this debt started with a different creditor, provide the name and address of the original creditor, the account number used by that creditor, and the amount owed to that creditor at the time it was transferred. When you identify the original creditor, please provide any other name by which I might know them, if that is different from the official name. In addition, tell me when the current creditor obtained the debt and who the current creditor obtained it from. 
Provide verification and documentation that there is a valid basis for claiming that I must pay the debt to the current creditor. For example, can you provide a copy of the written agreement that created my original requirement to pay? 
If you are asking that I pay a debt that somebody else is or was required to pay, identify that person. Provide verification and documentation about why this is a debt that I must pay. 
The amount and age of the debt, including : DEMNDING DEBT VALIDATION RECIEPTS ACCORDING TO 15 USC 16-92g Proof that you have the Deed and the Promissory Note in hand, together.

Under contract Law- there are to be two signatures of living souls for a contract to be a valid contract. Are there two different signatures on this contract? YES or NO?

Do you have the chain of titles to collect on this debt?

Have there been any Insurance Claims filed on this debt? YES or NO? 
I want to have full disclosure of the Promissory Note. A copy of the Promissory Note is not full disclosure. 
I want a full detailed list of history payments along with the banking ledger/ bookkeeping. 
I am demanding ALL of the Accounting How was the credit received under the Truth and Lending Act Tila? 
Who is the original creditor? 
Who has the Deed? 
Who has the Promissory Note? 
A copy of the last billing statement sent to me by the original creditor. 
State the amount of the debt when you obtained it, and when that was. 
Was this Promissory Note securitized? If I did not authorize that to happen and if this is securitized this note is no longer valid. 
I want to see the agreement between [ XXXX XXXX XXXX XXXX, XXXX ] and XXXX XXXX, Executor that authorizes the collection of the alleged debt, along with any transaction binding me to an agreement to pay. 
XXXX. Complete payment history, as per the precedent set by XXXX v XXXX, XXXX XXXX XXXX ; XXXX XXXXXXXX XXXX XXXX  XXXX. Provide a detailed verification by line item, including information on the purchase date, itemized amounts, receipt of goods, and any relevant details directly from the Original Creditor. 




Question for Penny Mac Loan Services, LLC 1. When the agreement of the loan was created and accepted by Penny Mac Loan Services , LLC, did that create a Trust? YES or No? 
XXXX. If a Trust and has been created by and from my autograph/ agreement what are the roles ( fiduciary duties ) of the Penny Mac Loan Services , LLC and myself within Trust?

3. In transaction is it not the case Penny Mac Loan Services, LLC is acting in the capacity of TRUSTEE?

4. Does the Penny Mac Loan Services, LLC hold legal Title/Deed and the Promissory Note?

5. In Fact my Signature is what created the value in this TRUST is it not?

6. If am the one that is putting value to the trust, does that not make me the creditor?

7. Who are the three parties in creating this TRUST?

8. Was there Actual Funds given to the creator of the Trust?

9. Who Holds the Equitable title?

10. A financial agreement signed by myself is not a financial instrument True or False?

11. Is it not true that an agreement must be signed by two living individuals/souls- all parties before it becomes legal and binding? 
XXXX. Can a financial instrument be securitized? 
XXXX. What lawful consideration does Penny Mac Loan Services, LLC give when agreeing to a loan?

14. What creates the source of the funds that Penny Mac Loan Services, LLC claims it lends?

15. When Penny Mac Loan Services, LLC accepts a loan contract, does Penny Mac Loan Services, LLC disclose what it does with the social insurance number/ birth certificate number which it demands from the applicant?

16. What does Penny Mac Loan Services, LLC do with the social insurance number/ birth certificate number which it demands from the applicant?

17. When Penny Mac Loan Services, LLC accepts a loan contract, does Penny Mac Loan Services, LLC monetize this instrument, creating a credit on the account which it then uses to fund the loan to the applicant?

18. If Penny Mac Loan Services, LLC did not loan its own money to a customer but monetized the signed loan document creating new funds on the account, would this no be an exchange rather than a loan?

19. Does Penny Mac Loan Services , LLC accept promissory notes and if so, how would we go about presenting one for acceptance?

20. Is it true the lender Penny Mac Loan Services, LLC follows GAAP ( Generally accepted accounting principles )? Respond YES or NO in writing.

21. Was full disclosure given regarding if the borrow was to provide the funding for the loan per bookkeeping entries?

22. Does Penny Mac Loan Services, LLC accept something of value from the borrower that is recorded as an asset on the books of Penny Mac Loan Services, LLC resulting in a new liability? YES or NO? in writing.

23. Did Penny Mac Loan Services, LLC lend/loan the borrower Penny Mac Loan Services , LLC own pre-existing money or assets? YES or NO? In writing 24. Did the borrower have full disclosure of the bookkeeping entries?

25. Did Penny Mac Loan Services, LLC add interest to the borrowers own promissory note/agreement/contract?

26. What equitable value/ consideration did Penny Mac Loan Services , LLC give in return for borrowers promissory note/ agreement/ contract?

27. Is it the intent of the loan agreement in which the party who funded the loan, as per Penny Mac Loan Services, LLCs entries is to be repaid the money lent to the borrowers? YES or NO? In writing, 28. Does the lender record an asset showing the borrower owes money to the lender involved in the loan agreement? YES or NO? In writing.

29. Is it true that, according to the bookkeeping entries, the borrower funds the loan? YES or NO in writing.

30. Is it true according to Penny Mac Loan Services, LLC bookkeeping entries the borrower is the depositor therefore the creditor of the principal amount? YES or NO in writing.

31. Is it now clear the Penny Mac Loan Services, LLC has violated GAAP ( generally accepted accounting principles ) thus making the agreement/contract null and void? YES or NO in writing.

32. Is it true the Penny Mac Loan Services, LLC converted the agreement/ contract/ promissory note by using it a value to give value to a bond/cheque or similar financial instrument as proven by Penny Mac Loan Services , LLC bookkeeping entries, thus proving the borrower funded the loan and proving Penny Mac Loan Services , LLC concealment and false statements that Penny Mac Loan Services , LLC funded the loan ? YES or NO in writing 33. Is it true the Penny Mac Loan Services, LLC is charging accrued interest to the loan agreement and has not applied any of the payments made to date towards the principal as indicated in the latest correspondence letter from XXXX XXXX. 
34. Wouldnt the actions outlined in the point above be illegal/unlawful/dishonest and deceptive practices?

35. Has the loan agreement/mortgage been sold to a special Penny Mac Loan services entry for saucerization and pooled into tranches with other mortgages? YES or NO in writing.

36. Is it not correct that the mortgage renewal fee was not disclosed when the initial contract was established? YES or NO in writing.

37. What guarantee does the applicant have to cap the renewal fee on a mortgage?

Promissory Notes, credit agreements, bills of exchange and checks are defined as legal tender or money.

By Statutes in such as : 12 USC-1813 ( 1 ) ( 1 ) UCC 1-201 ( 24 ) section 3- 104 section 8- 102 ( 9 ) section 9 -102 ( 9 ), ( 11 ), ( 12 ) ( B ) ( 49 ), ( 46 ).

These statutes define a promissory note or security to be negotiable ( IE ), Sellable because it is a financial instrument asset.

Pursuing to Title 31 USC section 5118 ( d ) ( 2 )

Company response to consumer: Closed with explanation