Wednesday, May 25, 2011
Borrower's Insurance scam: Mortgage Movies explains how Lamar Gunn was a victim of wrongful foreclosure.... he never missed a payment; the underlying loan was satisfied.
How does a financial planner who pays his mortgage on time become a victim of foreclosure fraud? Well it goes like this. US Bank sent him a letter as he was being evicted on 31 January, the Court ordered possession on 1 Feb. and Ruled against Mr. Gunn's Quiet Title and Temporary Injunction so he had 6,000 square feet to pack up in about a day or two. Come to find out that the underlying loan had been paid off, the lending institution conspired with the servicer as the underlying trust had certificates paid off and the trust was dissolved back in 2005...... three (3) years before they commenced action on him. He got the CUSIP number and tracked everything. These guys are so busted.
They misrepresented standing to sue and he is now suing for Unjust Enrichment. When he telephoned one of the attorneys at her publicly-listed phone number she claimed he was threatening her, typical nonsense. Dangerous Black Man, I've been there done that and sued American Tower Corporation for Defamation over it. Anyway we will have a very atypical response in 1080p resolution, set for the Big Screen. They messed with the Wrong Guy this time.
More on this later, including a Mortgage Movie, of course.
UPDATE: Attorney Margaret F. England of Eckert, Seamans, Cherin & Mellott, LLC tries to hide behind a request for Protective Order, as if Mr. Gunn is somehow harassing her.... when he was the one illegally and fraudulently removed from his home. I can't wait to get this one on video.
More background: Foreclosure mill runner Thomas P. Dore on the hotseat.