Bearer Paper, the new Parlor Trick and the Holder in Due Course.

It is not ethical, for a Promissory Note, attached to a Mortgage Deed of Trust, to be endorsed in Blank and scanned into an “Electronic Registry Systems” for anyone with a title to “servicing rights” and a membership code, to pass themselves off as a Holder in Due Course or a Holder of Bearer Paper. It is not morally not ethically nor lawfully sound jurisprudence, it is a blatant disregard for the Court’s Civil Procedure. A charade, a trick, a game of poker, where the gambling pro is allowed to bluff with a photocopy of the Ace up his sleeve.

“PROVE THE DEBT” defense tactics

*Disclaimer: This article is for entertainment, it is not intended to be legal advice, consult an attorney. Instead of using the popular “Produce the Note” defense, homeowners should be championing a “Prove the Debt” defense. The Note is just one part of enforcement of a mortgage security instrument. Many attorneys for Pretender Lenders will try [...]