• Report: #931784

Complaint Review: FANNIE MAE, Chase Home Finance, Lakeside Plaza Condo

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  • Submitted: Thu, August 23, 2012
  • Updated: Thu, August 23, 2012

  • Reported By: HOA FRAUD FORECLOSURE VICTIM — Reno Nevada USA
FANNIE MAE, Chase Home Finance, Lakeside Plaza Condo
3900 Wisconsin Avenue, NW Washington, District of Columbia United States of America

FANNIE MAE, Chase Home Finance, Lakeside Plaza Condo Federal National Mortgage Association Illegal Foreclosure, Foreclosure Fraud, Homeowner Association Fraud, HOA Fraud, Embezzlement, Extortion, Loan Modification, Breach of Contract Washington, District of Columbia

*REBUTTAL Owner of company: Foreclosure Fraud Short Summary

*Consumer Comment: Forced Foreclosure Fraud Too

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August 23, 2012
Federal National Mortgage Association, Inc.

FRAUDULENT FORECLOSURE (CHASE HOME LOAN # [REDACTED])
$1 Million (Approx.) Homeowner Association Embezzlement, Extortion, Fraud
1000 Beck Street [REDACTED]), Reno, Nevada 89509

To Whom It May Concern:

Please be advised that I plan to take legal action against Fannie Mae and Chase Home Finance for my damages due to the fraudulent foreclosure of my home.

HOMEOWNER ASSOCIATION FORECLOSURE FRAUD & EMBEZZLEMENT

I am permanently disabled, on a fixed-income, and was victim to a fraudulent foreclosure, embezzlement, extortion, fraud scheme by my homeowners association (HOA), Lakeside Plaza Condominium Association (Lakeside Plaza) in Reno, Nevada. (See Washoe County District Attorney #406539, Reno Police Dept. [continued below]....
..... #08-031672.)

FANNIE MAE (AND ITS AGENT, CHASE HOME FINANCE) WERE AWARE OF HOA FRAUD, BUT REFUSED TO WORK WITH ME TO MITIGATE DAMAGES

Chase Home Finance acted as agent for Fannie Mae and was the servicer of my home loan. Chase was well aware of the homeowner association fraud. I could afford to pay my mortgage, however, I would not pay mortgage AND HOA extortion.

My HOA dues were extortionately increased from $139 to nearly $600 per month in addition to my monthly mortgage payment. I do not pay extortion.

LAKESIDE PLAZA CONDO PROJECT NOT FANNIE MAE COMPLIANT - LOAN SHOULD NEVER HAVE BEEN APPROVED PER FANNIE MAES OWN REQUIREMENTS

1. Lakeside Plaza did not carry adequate fidelity insurance to cover the nearly $1 million embezzlement. (See Washoe Co. District Attorney #406539, Reno Police #08-031672.)

2. 10% of HOA dues were not going into the reserve fund as required by Fannie Mae.

3. Lakeside Plaza breached contract (CC&Rs, page 27) refusing homeowners the right to examine the financial books and records.

4. Homeowners were restricted from using the projects facilities and common elements.

5. Lakeside Plazas CC&Rs required a mandatory rental pool in which rentals were required to go through the property management company.

6. Lakeside Plaza is not over 51% owner-occupied as required by Fannie Mae.

7. Lakeside Plaza allegedly breached contract (CC&Rs, page 27) and did not notify Freddie Mac and/or Fannie Mae of toxic black mold infestations and several instances of property damage exceeding well over $10,000 (per incident).

8. Lakeside Plaza also used unlicensed (allegedly uninsured) contractors presenting OSHA health and safety concerns for workers and residents.

9. In addition, Lakeside Plazas former property manager, Eugene J. Burger (founder of Eugene Burger Management Corporation EBMC), was previously up on federal criminal indictment for theft of government funds, kickbacks, money laundering, etc. See United States of America v. Eugene Burger, 2000 U.S. Dist. LEXIS 22066.

This is not to be construed as legal advice, but Fannie Mae and Chase certainly have the option to sue Lakeside Plaza and other parties for damages.

FANNIE MAE (THROUGH ITS AGENT, CHASE HOME FINANCE) BREACHED LOAN MODIFICATION AGREEMENT

I attempted to mitigate damages with Chase (agent for Fannie Mae) by providing several loan work-out options including, but not limited to: short sale and loan modification. I completed the loan modification, in good faith, however, once it was completed, Chase (agent for Fannie Mae) reneged and breached the contract.

LAKESIDE PLAZAS CONDOMINIUM RIDER WAS PART OF THE HOME LOAN CONTRACT - A CONTRACT BASED ON FRAUD IS UNENFORCEABLE

A home loan contract based on embezzlement, extortion and fraud is unenforceable. I seek to have the federal court nullify the agreement due to this fraud.

THE UNITED STATES DEPARTMENT OF JUSTICE IS CURRENTLY SUING NEARLY 500 NEVADA HOMEOWNERS ASSOCIATIONS ALLEGING SOME OF THE SAME DAMAGES AS IN MY CASE. SEE UNITED STATES OF AMERICA V. WELL FARGO BANK NATIONAL ASSOCIATION (D. NEV. 2011).[REDACTED]

Due to the fraudulent foreclosure, I will require correction of derogatory credit reporting with Equifax, Experian and Transunion. Derogatory credit reporting has tortiously interfered with my credit expectancy and ability to obtain rental housing, employment and credit.In the meantime, I have recorded a lis pendens against my fraudulently-foreclosed home and it will continue to have a clouded title until this matter is resolved.[REDACTED]

Make no mistake - I have sued multibillion-dollar banks and corporations before and have won.  I have no qualms about suing for as long as it takes to hold Fannie Mae and Chase responsible for the damages from the fraudulent foreclosure of my home.Please feel free to contact me if you have any questions or concerns. Thank you very much.

Most sincerely,
[REDACTED]

cc:
Chase Home Finance
Via facsimile: [REDACTED]
Federal Housing Finance Agency (FHFA)
Via facsimile: [REDACTED]
Federal Trade Commission
Via facsimile: [REDACTED]
Securities Exchange Commission
Via facsimile: [REDACTED]
Representative Sam Farr
Via facsimile: [REDACTED]
Representative Mark Amodei
Via facsimile: [REDACTED]
Senator Barbara Boxer
Via facsimile: [REDACTED]
Senator Dianne Feinstein
Via facsimile: [REDACTED]
Senator Dean Heller
Via facsimile: [REDACTED]
Senator Harry Reid
Via facsimile: [REDACTED]

This report was posted on Ripoff Report on 08/23/2012 07:28 PM and is a permanent record located here: http://www.ripoffreport.com/r/FANNIE-MAE-Chase-Home-Finance-Lakeside-Plaza-Condo/Washington-District-of-Columbia-20016-2892/FANNIE-MAE-Chase-Home-Finance-Lakeside-Plaza-Condo-Federal-National-Mortgage-Association-931784. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

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REBUTTALS & REPLIES:
0Author 1Consumer 1Employee/Owner
Updates & Rebuttals

#1 REBUTTAL Owner of company

Foreclosure Fraud Short Summary

AUTHOR: Tom H - ()

Since it appears that I can't submit my full response, I'll send it in a short summary.

I went through the forced foreclosure fraud so the banks and lawyers could collect on the PRIVATE MORTGAGE INSURANCE.

The loan modification program was just a scam to delay the foreclosure until they could fit me in to their court schedule.

The lender, Chase / Fannie Mae refused to allow me to bring my account current. They also sold my home for an amount that I could have paid off in full.

They changed the locks on my home WITHOUT a court order and stole over $20,000 worth of personal property.

The courts failed to notify of about 6 months worth of court dates to try to steal the home by default for having me NOT show up in court.

Chase transferred my loan to a different lender to bypass the fraud investigation by the OCC.

The lender or servicer at that time offered me to do a Deed in Lieu of Foreclosure, but the lawyers for Chase blocked that offer so they could collect on the PMI payout.

My home was sold through a Sheriff Sale 4 months before the approval from the judge and 4 months before the foreclosure was completed.

A Court Recorder provided me with documentation of the fraud committed by the court and wanted it stopped too!

The judge called me at my residence from his cell phone wondering why so many people were filing complaints against him. Which I was told is against the law for him to do.

They did document tampering, which is a Class 4 Felony, by adding documents after the foreclosure was completed, that I never received during the process.

This is a short version of the criminal theft of my home. I'll be posting my full version if it is allowed.

If you do have any details of a Class-Action Suit against Chase and Fannie mae, please contact me to let me know.

Thanks.

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#2 Consumer Comment

Forced Foreclosure Fraud Too

AUTHOR: Tom H - ()

I've been repeatedly trying to send you what I have gone through regarding the Fannie Mae/Chase foreclosure fraud, but it keeps saying I can't access their servers because they are too busy. Are they blocking my story? Or maybe I entered too much information? If you do get this, can you send me information about any Class-Action Suit that is being filed against Chase? Thanks!

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