25 December 2017 VIA EMAIL TRANSMITTAL
Re: Pending Litigation with Michael Levitz Failure on Negotiation of SLS Account No. 1009602497; Dual Tracking, Force-Placed Insurance, Chain of Title Questions
Property Address: 3718 East Alder Street, Seattle WA 98122 Loan Number(s): 1009602497
Dear Rocky,
We have always had a mutual respect for one another over the years. Witness my November 2015 journal entry referencing you as "a lawyer with a conscience" and I hope that continues as I publicly declare that your client and others associated with your client (read: Any and all purported Beneficiaries) have been, and continue to be, a complete Scrooge and a Grinch to Michael Levitz. I’ve sent you and your client, Quality Loan Service Corp, official notice of violations against Mr. Levitz going back many years to when he was trying to complete a sale and pay off this purported loan…. And nobody could find the purported owner of the Note.
He has been ready to pay off this loan since before 2009 when Chevy Chase closed down its offices and no servicer showed up until months after. And as his requests go unanswered, new parties show up claiming arrears that his rescission should have legally stopped cold instead of continuing to put the screws to him with negative amortization. Jesinoski v. Countrywide Home Loans, Inc., 135 S. Ct. 790 (2015), Johnson v. Nationstar 2016 WL 6075574 (2016).
In my opinion as a former manager of a title company, I believe there has been, and continues to be, unlawful dual-tracking and forced-place insurance and general Bad Faith. I see the Beneficiary according to the NoTS in 2010 was of course CCB Libor Series 2005-1 Trust c/o Mortgage Electronic Registration Systems as nominee for Capital One, N.A. How exactly did the Note then get to: Chevy chase funding LLC, Mortgage-Backed Certificates, Series 2005-1 in the 2017 NoTS as Beneficiary? Can you provide me a chain of title for that? Because as to the current alleged Beneficiary, that series isn't even registered with the SEC as noted by SEC Information specialist Larry Mills in his 6 July 2017 attestation. See attached. That’s questionable. So in spite of the fact that Mr. Levitz claims that he filed a timely Rescission and in spite of the fact that you can’t show a clear Chain of Title, Mr. Levitz was ignored, and now Specialized Loan Servicing is coming after him for the full amount of everything time immemorial.
SLS requested of Moody's in 2014 a ratings assessment of the mortgage pool allegedly containing the Levitz home, meaning the certificate was trading somewhere, yet never registered these certificates with the SEC.......
The bottom line Rocky is you should suspend the foreclosure sale indefinitely, which actually protects your client and all of its proverbial bedfellows from the pernicious effects of well-grounded litigation because your client US Bank does not have a tenable and clear claim based on a number of factors. As such, Mr. Levitz informs that he is filing a complaint with the SEC and with the court. Given what you have just witnessed, and given your duty to maintain integrity of the Process it is your duty to suspend and stand aside while the matter is wither litigated or settled.
The 2014 Washington AG Action against your client for False and Deceptive Business Practices was window dressing. This one is real.
Respectfully submitted,
Christopher King, J.D.
from Mortgage Movies Journal http://ift.tt/2C62BUm
KingCast and Mortgage Movies See Grinch Quality Loan Servicing Facing Wrongful Foreclosure Litigation in Seattle. - After The Mortgage ADSENSE HERE