Servicers Using US Bank as Shield From Liability in Fraudulent Foreclosures


Livinglies's Weblog

The conclusion is that US Bank “as trustee” is a sham entity. it does not exixst.

The marketplace is flooded with false representations about the role of US Bank. This becomes abundantly clear when you are made privy to decisions made wherein sanctions were levied against US Bank. It underscores the basic premise that there is no formal loan, and hence that there is no creditor and there is no borrower — a very accurate but  counter-intuitive conclusion.

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THIS ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU CAN RELY IN ANY INDIVIDUAL CASE. HIRE A LAWYER.
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On U.S. Bank I have always had a problem with describing them as a national bank in this context.

While it IS a national bank, it specifically disclaims that it is acting on its own behalf and states…

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About Here and Now

I rant about issues concerning foreclosure, real estate law and any topic of interest. Normally my day job is Fashion and Costume Design. I like writing and reading interesting subjects.
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