• Report: #688603

Complaint Review: Deutsche Bank

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  • Submitted: Sun, January 30, 2011
  • Updated: Thu, August 11, 2011

  • Reported By: Thinker — McLean Virginia USA
Deutsche Bank
NYC, New York United States of America

Deutsche Bank Morgan Stanley Saxon Mortgages Wells Fargo Citigroup and Chase bank Ripping off our US servicemen and woman NYC, New York

*Consumer Comment: Thinker,

*Consumer Comment: Thinker,

*Consumer Comment: RUMSFELD BEING SUED POEM

*Consumer Comment: MARK OF THE BEAST POEM 2...

*Author of original report: JP Morgan now has issues BIG too

*Consumer Comment: VERY SOON THE DOW BLOWS POEM...

*Consumer Comment: THINKER, IF YOU'D LIKE TO KNOW....

*Consumer Comment: THINKER, IF YOU'D LIKE TO KNOW WHEN THE STOCK MARKET WILL CRASH AGAIN......

*Consumer Comment: Thinker..make sure you NEVER use this website again..

*Consumer Comment: THINKER, MAKE SURE TO TYPE IN 269041 AT THIS SITE AND READ WHAT IS POSTED IN 'CONSUMER COMMENT #3'.......

*Consumer Comment: THINKER, IT APPEARS THAT.......

*Consumer Comment: You can google Karls Hogs all day and night..

*Consumer Comment: THINKER, IT APPEARS THAT......

*Consumer Comment: THINKER, IT APPEARS THAT THE UNITED STATES OF AMERICA IS A COUNTRY THAT'S BEING CONTROLLED BY AN "ORGANIZED CRIME SYNDICATE"........

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http://finance.yahoo.com/loans/article/111958/reservist-in-war-against-foreclosure?mod=loans-home A Reservist in a New War, Against Foreclosure

by Diana
Thursday, January 27, 2011


provided by

The New York Times


Sgt. James B. Hurley on a bridge near the property he lost to foreclosure while serving with the National Guard in Iraq. (Erik Holladay for The New York Times)

While Sgt. James B. Hurley was away at war, he lost a heartbreaking battle at home.

In violation of a law intended to protect active military personnel from creditors, agents of Deutsche Bank foreclosed on his small Michigan house, forcing Sergeant Hurley's wife, Brandie, and her two young children to move out and find shelter elsewhere.


When the sergeant returned in December 2005, he drove past the densely wooded riverfront property outside Hartford, Mich. The peaceful little home was still there -- winter birds still darted over the gazebo he had built near the water's edge -- but it almost certainly would never be his again. Less than two months before his return from the war, the bank's agents sold the property to a buyer in Chicago for $76,000.

Since then, Sergeant Hurley has been on an odyssey through the legal system, with little hope of a happy ending -- indeed, the foreclosure that cost him his home may also cost him his marriage. "Brandie took this very badly," said Sergeant Hurley, 45, a plainspoken man who was disabled in Iraq and is now unemployed. "We're trying to piece it together."


In March 2009, a federal judge ruled that the bank's foreclosure in 2004 violated federal law but the battle did not end there for Sergeant Hurley.



 





 




 

 


This report was posted on Ripoff Report on 01/30/2011 05:09 AM and is a permanent record located here: http://www.ripoffreport.com/r/Deutsche-Bank/NYC-New-York-/Deutsche-Bank-Morgan-Stanley-Saxon-Mortgages-Wells-Fargo-Citigroup-and-Chase-bank-Ripping-688603. 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.

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REBUTTALS & REPLIES:
1Author 13Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

Thinker,

AUTHOR: Karl - ()

Are you beginning to understand that the banking cartel is ultimately in control of the U.S. Government and Wall Street? Please feel free to share your thoughts.

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#2 Consumer Comment

Thinker,

AUTHOR: Karl - ()

Feel free to give us an update and let us know what happened to Sergeant Hurley and his family. Thank you.

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#3 Consumer Comment

RUMSFELD BEING SUED POEM

AUTHOR: Karl - (USA)

RUMSFELD BEING SUED POEM

Donald Rumsfeld being sued
USA is being booed
America is one BIG joke
Our government is broke, broke, broke
Wall Street is a massive lie
People hungry many cry
Sell your stock do not delay
Contact Susie then text Jay
End of poem time to go
Entire system's gonna blow
Donald Rumsfeld being sued
Planet earth has come unglued.

End.

Anyone can 'Google' this- U.S. NAVY VET SUES DONALD RUMSFELD FOR TORTURE IN IRAQ, COURT ALLOWS CASE TO MOVE FORWARD, and read the related articles and watch the video on the web.

Thank You

WELCOME TO AMERICA- WE'RE BEING CONTROLLED BY AN ORGANIZED CRIME SYNDICATE THAT'S BEING EXPOSED ON THE WORLDWIDE WEB EVERY DAY
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#4 Consumer Comment

MARK OF THE BEAST POEM 2...

AUTHOR: Karl - (USA)

is available at this website!

Just type in 714284 and it appears in the consumer comments section at Ripoff Report #714284.

Thank You

***MORTGAGE ALERT: Don't forget to type in 481508 at this site and read St. Clair's Ripoff Report for valuable information if you have a mortgage in the USA.
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#5 Author of original report

JP Morgan now has issues BIG too

AUTHOR: Thinker - (USA)

Max ( all the news) Keiser on RT.com show # 171

A 26 minute video when you get second half of show you
will know

http://rt.com/programs/keiser-report/keiser-debt-deal-gold/
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#6 Consumer Comment

VERY SOON THE DOW BLOWS POEM...

AUTHOR: Karl - (USA)

is available at this website!

Just type in 411913 at this site and it appears in the consumer comments section at Ripofff Report #411913.

Thank You

WELCOME TO MORGAN STANLEY- WE'RE PART OF THE FEDERAL RESERVE, AND THE FED IS A PRIVATE CORPORATION OWNED BY A CARTEL OF BANKERS WHO ARE OUT TO FINANCIALLY INJURE AS MANY INNOCENT & UNSUSPECTING PEOPLE AS POSSIBLE, SO WE CAN GAIN COMPLETE CONTROL OF THE WORLD. IF YOU DON'T BELIEVE IT, SIMPLY 'GOOGLE' THE FOLLOWING VIDEOS AND WATCH THEM ON THE WEB FOR PROOF-

AMERICA: FREEDOM TO FASCISM
YOUTUBE FALL OF THE REPUBLIC
THE OBAMA DECEPTION
FRONTLINE: THE WARNING
FRONTLINE: INSIDE THE MELTDOWN
WHO OWNS THE FED BANK, WHO CONTROLS WHO VIDEO

***Then 'Google' this- WHO OWNS THE FED?, and go to the site with the 5 charts to see that 'Morgan Stanley' appears in 'Chart 1'.

WELCOME TO THE U.S. GOVERNMENT- ONE MASSIVE LIE
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#7 Consumer Comment

THINKER, IF YOU'D LIKE TO KNOW....

AUTHOR: Karl - (USA)

where the song entitled "BROCKOMIAN RHAPSODY" is posted, just stay at this site and type in 555030 and it appears as 'Consumer Comment #12' at Ripoff Report #555030.

Have a nice evening.

***MORTGAGE/BANK ALERT: Make sure to stay at this site and type in all of the following and read the Ripoff Reports for valuable information if you have a mortgage or a bank account in the USA-

MERRILL LYNCH
BANK OF AMERICA
GM CREDIT CARD SERVICES
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#8 Consumer Comment

THINKER, IF YOU'D LIKE TO KNOW WHEN THE STOCK MARKET WILL CRASH AGAIN......

AUTHOR: Karl - (USA)

all you have to do is 'Google' this- A CREDIT CARD YOU WANT TO TOSS, and go to the BusinessWeek article dated February 7, 2008, then scroll back to the comment that was posted on February 21, 2008 at 3:03 AM.

I believe that comment appears on, or around, 'Page 41' in the comments section.

Fact: That comment was posted seven months before the stock market crash and the collapse of the U.S. economy, which occurred in September of 2008.

Thank You

"Knowledge is power."

POWER TO THE PEOPLE

*************************** MORTGAGE ALERT ***************************

*Make sure to type in 481508 at this site and read St. Clair's Ripoff Report for valuable information if you have a mortgage in the USA.

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#9 Consumer Comment

Thinker..make sure you NEVER use this website again..

AUTHOR: Ronny g - (USA)

...with trolls like Karl who uses the misfortune of others to promote his poetry (if you call it that), and those that can not accept that a bank can do anything wrong and it is always the customers fault no matter how much evidence is presented and proven...I would say overall..it is a complete waste of time. Which is why I am debating with myself if I should ever post here again even after being a regular for several years.

It just seems no one cares about anything but their own self interests. This site might of had good intentions at one time..but you know the old saying about what the road to hell is paved with...

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#10 Consumer Comment

THINKER, MAKE SURE TO TYPE IN 269041 AT THIS SITE AND READ WHAT IS POSTED IN 'CONSUMER COMMENT #3'.......

AUTHOR: Karl - (USA)

at Ripoff Report #269041, entitled- "Blame it on a Lawyer", okay?

Pay attention to the date that consumer comment was posted. It was posted thirteen months before the collapse of the U.S. economy and the stock market crash, which occurred in September of 2008.

*It's good to be a 'thinker', right?

Good luck to you!

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#11 Consumer Comment

THINKER, IT APPEARS THAT.......

AUTHOR: Karl - (USA)

Ronny G listed the names of some banks, like Morgan Stanley, and a company by the name of Hewlett Packard in 'Consumer Comment#3', correct?

If you 'Google' this- WHO OWNS THE FED?, and go to the site with the 5 charts, you'll see that both of those companies are listed in 'Chart 1' and in 'Chart 3', right?

Morgan Stanley is listed in 'Chart 1' and Hewlett Packard is listed in 'Chart 3'.

It appears that there might be some German names and some German banks that are listed in 'Chart 2', correct? I believe that Hitler's personal bank account was with Schroder Banking Corp., right?

I'm glad that the web allows people to find information so easily. I wonder if Ronny G uses 'Google', 'Bing', or 'Yahoo!', when he is doing all of his research on the web?

Have a nice day.

P.S. I believe that this Ripoff Report made mention to an article from 'The New York Times'. Feel free to stay at this site and type in 502469 and go to 'Consumer Comment #10' at Ripoff Report #502469 and you can read- "THE NEW YORK TIMES POEM".

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#12 Consumer Comment

You can google Karls Hogs all day and night..

AUTHOR: Ronny g - (USA)

..but it seems apparent to me this post is regarding "Deutsche Bank" , which I would pronounce as "d****e" such as in "d****e bag"...

Foreclosure Fraud Deutsch Bank Memo Notifies Securitized Loan Servicers and their Attorneys that they May have Broken theLaw

First some excerpts from ForeclosureDefenseNationwide

In an October 25, 2010 letter from Deutsche Bank to All Holders of Residential Mortgage Backed Securities For Which Deutsche Bank National Trust Company or Deutsche Bank Trust Company Americas Acts As Securitization Trustee, DB reports on alleged deficiencies in certain foreclosure proceedings and advises of the prior issuance, by the DB Trustee, of an Urgent and Time-Sensitive Memorandum dated October 8, 2010 to its Securitization Loan Servicers regarding servicing foreclosure procedures, demanding that the servicers comply with all applicable laws relating to foreclosures.

TheOctober 8, 2010 Urgent and Time Sensitive Memorandum attached to the October 25, 2010 Memo makesthings even more interesting. Here are some select quotes:

The Governing Documents typically require the Trustee to furnish the Servicer with powers of attorney that allow the Servicer to sign documents and institute legal actions, including foreclosure proceedings, in the name of the Trustee on behalf of the Trusts in connection with these servicing activities. Recent media reports suggest that the Alleged Foreclosure Deficiencies may include the execution and filing by certain servicers and their agents of potentially defective documents, possibly containing alleged untrueassertions of fact, in connection with certain foreclosure proceedings.

The reported scope of such alleged practices raises the possibility that such documents may have been filed in connection with foreclosure proceedings relating to mortgage loans owned by the Trusts and may have been executed under color of one or more powers of attorney granted to Servicers pursuant to the Governing Documents. Any such
actions by a servicer or its agents would constitute a breach of that Servicers obligations under the Governing Documents and applicable law.

So what we have here is DB tacitly admitting that its servicers and attorneys possibly filed fraudulent foreclosure documents (which we all know did in fact happen, with robo-signer assignments, backdated notaries, etc.), which if done under color ofrequired powers of attorney,is illegalon more than one front.

(BOYNTON BEACH, FL) -- A private forensic mortgage auditing firm is burning the business air waves today. Germany-based Deutsche Bank is the target.

MFI-Miami LLC says it is narrowing its multi-state investigation into illegal home foreclosures by focusing exclusively on Deutsche Bank.

"Deutsche Bank is named as the trustee on nearly 50 percent of the fraud investigations we have done in the past six months," says Stephen Dibert, president of MFI-Miami, an 11-month-old firm he founded in West Palm Beach, FL.

Dibert, a licensed mortgage broker, says, "In the majority of these cases, Deutsche Bank or its servicer almost never produces or refuses to produce the original note and mortgage, or proof that the transfer of the note has been validated.

"They freely admit this in the actions filed in court. However, some minority homeowners don't have the legal expertise to understand how important these documents are to their case. They assume they have no defense and don't show up for the hearing."

In most of the cases MFI-Miami examines, Deutsche Bank has purchased these mortgages and notes on the secondary market as part of a pool with other mortgages.

"These mortgages have been traded by fund managers like baseball cards," charges Dibert.

"In many of these cases, it appears that Deutsche Bank management gave their approval to buy a lot of worthless paper on the secondary market."

Dibertmaintains "Deutsche Bank retains law firms that aren't interested in defending the legitimacy of their claim. Their purpose is to intimidate, obtain default judgments, and foreclose as fast as possible against homeowners who are uneducated about the legal foreclosure process."

He cites Joseph DeYounks of West Palm Beach as "a perfect example"

Dibert says Deutsche Bank "purchased his note on the secondary market and is now attempting to foreclose on his home. The bank hasn't provided proof that it's the legal owner, and the originating lender violated Florida law by funding this loan without the proper lending license."

Banks in South Florida are bringing foreclosure actions at an unprecedented rate, says Dibert. Miami-Dade County averaged about 10,000 to 11,000 foreclosures in 2006. In 2008, according to the Miami-Dade County Clerk of Courts, foreclosures topped 56,000.

"The practices of Deutsche Bank underscore the disorganized process financial firms used in buying and selling mortgages on the secondary market, which is done secretly behind closed doors," says Massachusetts bankruptcy attorney Glenn F. Russell Jr.

"They are turning the foreclosure process into the Wild West, and many of these foreclosures are plainly illegal."

Miami foreclosure defense attorney Shaun Rice, of De Armas, Millich, & Rice, PL, says, :"I strongly believe that minorities have suffered disproportionately as a result precisely from banks like Deutsche Bank who often never had a legitimate claim to bring a foreclosure action in the first place."

Adds Dibert: "Deutsche Bank is displacing minority homeowners at a methodical rate."

(NOTE: at press time, Real Estate Channel could not reach Deutsche Bank officials in Frankfurt for comment.)

Dibert came up with the loan-auditing idea while working for a broker in Traverse, MI. He claims MFI-Miami is the only private Florida mortgage auditing firm "and only one of about five nationally that does their forensic auditing by hand."

Besides Boynton Beach, MFI-Miami currently has offices in metro Washington, DC, Detroit and Boston.

NEW YORK (AP, By LARRY NEUMEISTER) - Federal authorities say Deutsche Bank has agreed to pay more than $550 million to resolve a federal tax shelter fraud investigation.

Authorities announced Tuesday that the bank also admitted criminal wrongdoing in connection with its participation in financial transactions that aided tax shelters. The government says the transactions generated billions of dollars in U.S. tax losses.

Federal prosecutors and the Justice Department's tax division announced the deal. They say the nonprosecution agreement requires the bank to continue cooperating.

The bank did not immediately return a message left by The Associated Press seeking comment.

Deutsche Bank

Deutsche Bank was founded in Berlin in 1870, and is presently the largest bank operating under the euro. The firm does business worldwide and employs over 75,000 people. A number of regulatory actions have been taken against it since April of 2002. In Germany Deutsche Banks CEO has faced breach of trust charges. In the U.S., the firm has agreed to a proposed $80 million investment reform settlement with federal regulators for failing to abide by document retention standards.

Breach of Trust Charges Germany

Deutsche Banks CEO, Josef Ackermann, was indicted on February 25, 2003, for his involvement in a committee that approved alleged

payoffs to executives of Mannesmann, a British telecom company. The payments (totaling $108 million dollars) were made to Mannesmanns former CEO (Klaus Esser) and a number of other Mannesmann employees after the company was taken over by Vodafone. Investigations regarding the payments began in March of 2001. Ackermann and five others have been accused of breach of trust against shareholders.

Investment Reform Settlement U.S.

On December 20, 2002, Deutsche Bank was one of ten investment banks that agreed to pay large securities fraud settlements to end probes by U.S. Federal regulators. Deutsche Banks agreed $80 million settlement may be adjusted in light of recent evidence that was uncovered by the firms U.S. branch. Deutsche Bank brought forward a collection of emails that had been left out of documents subpoenaed by U.S. regulators. The emails, which were found in April of 2003, and dated during the questioned mid-1999 to mid-2001 period, were brought before U.S. regulators immediately after being found. The terms of the settlement, finalized on April 28, 2003 and temporarily excluding Deutsche Bank due to the emails in question, required the firms to sever the links between research and investment banking, placerestrictions on allocations of securities in hot IPOs to certain company executive officers and directors, and furnish independent research.

Record Retention Fine U.S.

On December 2, 2002, Deutsche Bank was fined $1.65 million by U.S.

regulators for its failure to abide by email retention standards. The fine (separate from the aforementioned settlement) also affected Goldman Sachs, Morgan Stanley, Smith Barney, and U.S. Bancorp Piper Jaffray. The SEC, NYSE, and NASD announced the fine and required, conjointly, that the firms review their document storage procedures.

Documents Subpoenaed U.S.

Among the documents subpoenaed by regulators prior to the December 20, 2002 settlement were records detailing how Deutsche Bank had voted regarding the Hewlett Packard/Compaq merge. Federal attention was raised

in regards to the documents after a lawsuit brought against Hewlett Packard questioned the relationship the company had with Deutsche Bank. The lawsuit, which was filed by former HP director Walter Hewett, was dismissed on account of inadequate evidence. It alleged, however, that HP coerced Deutsche Bank (a holder of 25 million shares) into voting for an HP/Compaq merge by threatening to withhold its business from the firm should it vote against the move. The SEC and federal regulators requested the voting records (from HP) on April 15, 2002 in order to assess if Deutsche Bank had indeed voted in favor of the merge because of threats from HP. Such a vote, made in response to corporatepressure, could be seen as a breach of fiduciary duty.

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#13 Consumer Comment

THINKER, IT APPEARS THAT......

AUTHOR: Karl - (USA)

"LEAN HOGS POEM" is available at this website!

*Just type in 104690 and it is posted as 'Consumer Comment #2' at Ripoff Report #104690.

Good luck to you!

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#14 Consumer Comment

THINKER, IT APPEARS THAT THE UNITED STATES OF AMERICA IS A COUNTRY THAT'S BEING CONTROLLED BY AN "ORGANIZED CRIME SYNDICATE"........

AUTHOR: Karl - (USA)

which is also referred to as the "hub", according to information on the web.

*If you 'Google' this- WHO OWNS THE FED BANK, WHO CONTROLS WHO VIDEO, and watch it on the web, you'll be able to listen to what is stated in that video and also view charts with banks and bankers who seem to be the ones running the U.S. government, the European governments, and even other governments around the world, right?

Those same charts are available on the web! Just 'Google' this- WHO OWNS THE FED?, and go to the site with the 5 charts and read all of the names of the people and the companies in all 5 charts, okay?

Now 'Google' all of the following and watch them on the web for additional information that will most likely allow you to conclude that the U.S. government is being controlled by and organized crime syndicate-

AMERICA: FREEDOM TO FASCISM

FRONTLINE: THE WARNING

FRONTLINE: INSIDE THE MELTDOWN

YOUTUBE FALL OF THE REPUBLIC

ELIZABETH WARREN ON THE ECONOMY NOW ON PBS

ELIZABETH WARREN GRILLS GEITHNER, CRITICIZES TREASURY'S FORECLOSURE PLAN

BIG BANKS RESUME FORECLOSURE PAPERWORK PBS

INDYMAC BOYS GET SWEETHEART DEAL

***After watching all of the above, it becomes quite clear to anyone with a functioning brain that the banking cartel is in control of the U.S. government, wouldn't you agree?

Thank You

***************************** EXTRA INFO ****************************

*Make sure to 'Google' the following articles and read them-

BANK EXECUTIVES PROFITING ON THE DEATH OF EMPLOYEES

JP MORGAN CHASE COMPLAINTS SECRET LIFE INSURANCE POLICIES

WACHOVIA BANK AND WELLS FARGO: DRUG LAUNDERMATS TO THE WORLD

***Pay attention to the fact that J.P. Morgan appears in 'Chart 1' and Wachovia Corporation appears in 'Chart 3' when you 'Google' this- WHO OWNS THE FED?, and go to that site, correct?

Have a nice day.

WELCOME TO AMERICA- ONE BIG LIE

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