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rocketrob
Dyn-o-mite!


Joined: 18 Mar 2008
Posts: 405

WAMU /Chase and 100'000's of questionable foreclosures
PostPosted: Thu Jan 12, 2012 1:55 pm Reply with quoteBack to top

http://www.nationalwamuhomeown....._Page.html

WHY is JP MORGAN CHASE THE UNLIKELY OWNER
OF ANY WASHINGTON MUTUAL HOMES LOANS?


Washington Mutual’s Gory Autopsy:
A Disturbing Crime Scene (Part 1)

In, or around 2005, JP Morgan Chase (JPMC) entered “negotiations” with Washington Mutual Bank (WaMu) to purchase the bank and its various subsidiaries. Years later, substantial information regarding this questionable business deal between the OTS, FDIC, and JPMC, was provided in great detail in one particular lawsuit (WaMu Bondholders vs. JPMC and the FDIC(1) (as specifically referred to as the "Texas Complaint" or "Texas Action.") In 2005, Steve Rotella became the new COO of WaMu. Rotella, a senior long term executive from JPMC, went to WaMu with other senior level executives, (including John Berens,) to learn the "WaMu way." This team was sent to provide pre-sale information to JPMC regarding the “potential purchase” of WaMu. Jamie Dimon admits that he had long coveted WaMu's retail banking foot print, especially on the West Coast and Southeast of the United States. Moreover, JPMC was also interested in WaMu's expansive lending operations. WaMu was to become the largest bank failure ever. It was later alleged in April 2008, at a WaMu shareholder meeting, that Steve Rotella was blamed for the company’s troubles.

According to the Misery Index blog, 10/17/08, “At a stockholders meeting in April, 2008, a man who identified himself as a WaMu employee and shareholder laid the blame for the company's troubles squarely on Stephen Rotella, president and chief operating officer since 2005.”

The general allegations are that a numerous number of other JPMC transplants, who followed Rotella and Berens in the subsequent years, “ran WaMu off the cliff.” WAS THIS DELIBERATE or ACCIDENTAL -as one could follow the money many years later?

The National WaMu Homeowners Support Group (NWHSG) www.nationalwamuhomeownerssupportgroup.com believes upon over 3 years of research with hundreds of allegedly defrauded WaMu homeowners, JPMC executives (turned WaMu executives) perhaps intentionally created a fraudulent scheme within WaMu to utilize "lax and irresponsible" underwriting(2) to built a vast profit center from the mortgage loan business. In this alleged scheme, JPMC and its related companies, could later control the sale of potentially 100,000's of WaMu’s foreclosed homes. The NWHSG also discovered that WaMu/JPMC ex-employees(?) had established Home Sales, Inc. “related” companies around the country, between the years of 2005-2006. Home Sales Inc. of Delaware, is a “related” company to Chase Home Finance “companies,” yet, another subsidiary of JPMorgan Chase Bank, N.A.. Homesales Inc. of Delaware would later prove to be a specially chosen REO Disposition Company of WaMu's successfully foreclosed homes. The peculiar massive number of foreclosed homes would later be found to be the result, in many instances, of fraudulently underwritten home loans, unfair and deceptive loan servicing tactics, and questionable legal and property transfer strategies.

Our NATIONAL WAMU HOMEOWNERS SUPPORT GROUP.COM (NWHSG.com) research and other investigations confirm that 50-80% of loans of certain WaMu loan production offices were

fraudulently underwritten - by WaMu's very own employees.(3) (That’s MORTGAGE FRAUD – A FELONY.)

Additionally, WaMu, between 2005 – 2008, underwent a minimum of 12 "internal re-organizations" in less than 3 years (as described in a audio taped interview by a WaMu mid/upper level executive whistle blower.) What kind of “leadership” would reorganize more than a dozen times in a 3 year (or so) time period if NOT to destroy, (or confuse,) the company? During these same years, we are informed by the whistle blower, that many of the better WaMu employees who cared about the long term success of WaMu, were replaced by JPMC transplants, mainly mid level to upper level management types.) These ex-JPMC employees infiltrated WaMu at a rapid rate between 2005 - 2007. The “holy grail” of WaMu during these years, was to make as many loans as possible, at the highest profit margins, selling highly complex and inappropriate loan products, regardless of the homeowners’ ablility to repay the debt in the future.(4) Thusly, the alleged “originate to foreclose” business model was born.

On September 25, 2008, it is well documented that the OTS and the FDIC arranged a highly peculiar sale of WaMu, and "certain assets" to JPMC, for less than a 1/3 of a penny on the dollar (OTS fact sheet).(5) (Actually, we think JPMC got WaMu for FREE after Accounting write-offs, tax breaks, BAIL-OUTS, and other immediately realized windfall profits.) The financial markets journalists all raised a collective eyebrow about the timing and nature of this staggering, questionable deal.(6) A well organized group of WaMu shareholders also weighed heavily on the side of conspiracy.(7) The NWHSG maintains that JPMC is NOT the "successor of interest" of all, or at least virtually 99%(?) of WaMu's home loans from 2002 - 2007. We believe they only acquired “certain assets” via the FDIC receivership.(Cool Additionally, the Delaware WaMu Bankruptcy Court has not yet been able to conclusively determine which assets JPMC owns as late of 2011, several years after the coup d’etat. (9)

WaMu originated/re-financed approximately (estimate) over 1 Million loans during that same time period. Upon further research, the NWHSG found evidence of over 100’s of securitized trusts, private placements, and covered bond deals of WaMu mortgages that directly evidences the SALE of over a million WaMu loans between 2001 - 2007.(10) (11)

IF WaMu (hypothetically) SOLD over 1 million loans in those same years, than HOW CAN JPMC CLAIM to be the "successor in interest" or "holder," otherwise known as - THE OWNER of the SAME LOANS? Can there only be ONE "holder of due course?" The “successor of interest” language from JP Morgan Chase in 10,000’s(?) (or more?) of the WAMU foreclosures is “DISINGENOUS”, at best. Maybe even – “FRAUDULENT?”

LEGALLY, CAN THERE CAN ONLY BE ONE IDENTIFIABLE AND FACTUALLY PROVABLE “OWNER” OF ANY OF THE WaMu HOME LOANS!?"

We know that JPMC, through its Purchase and Assumption Agreement(12), FDIC granted JPMC certain assets. These assets have NEVER been published anywhere, INCLUDING ANY READILY IDENTIFIABLE COURT CASE IN AMERICA. It is also true that the Bankruptcy Examiner never stated any evidence of ownership of any the WaMu loans and that the FDIC has NOT shared ALL the related information.(13) The FDIC routinely hides any evidence of WHAT JPMC actually did purchase for less than a ½ penny on the dollar (or even for free?), in court cases throughout America. (14)

The evidence and facts are mounting that the FDIC has NO CLUE WHAT JPMORGAN CHASE ACQUIRED. WaMu Homeowners, Shareholders, and (certificate/bondholder) Investors are ALL asking the question … WHY EXACTLY IS THAT? Typically, in any bank receivership ALL ASSETS ARE DOCUMENTED AND ACCOUNTED FOR.

IF THE FDIC HAS NO CLUE AS TO EXACTLY WHICH “ASSETS” JPMORGAN CHASE ACQUIRED, THEN WHY DOES THE FDIC ALLOW JPMORGAN CHASE TO UTILIZE FDIC RESOURCES, DOCUMENTS, MONEY, AND LEGAL SUPPORT TO QUESTIONABLY (AND ILLEGALLY?) FORECLOSE ON WAMU HOMEOWNERS?(15)

THESE WAMU HOMEOWNERS’ LOANS WERE PROVABLY AND INARGUABLY LONG SINCE SOLD TO THE TRUE “INVESTORS”(16) – (WITHIN SECURITIZED TRUSTS, OFF-SHORE AND/OR PRIVATE LABEL INVESTMENT VEHICLES, AND COVERED BOND MARKETS(17)) - LONG BEFORE WAMU’s RECEIVERSHIP AND QUESTIONABLE TAKE-OVER. (1Cool (19) (20) (21) (22)

In retrospect, If JPMorgan Chase had NO FUTURE, PRE-MEDIATED intent of ever taking over WaMU, then WHY did their related executives open up REO disposition offices in the major “boom States” across the country – as far back as 2005 and 2006?

The Homesales, Inc. of Delaware company, is headquartered in Iselin, New Jersey. Homesales, Inc., has an executive named Renee Johnson. Renee Johnson was a long time Washington Mutual "National Manager for Strategic Operations/REO." (23)

John Berens was an even more senior executive with Washington Mutual. Remember, Berens came down to WaMU (in 2005 with Steve Rotella, and a few others) from JPMorgan Chase, to become Senior Vice President of Loan Servicing – 24 years management with JPMorgan Chase (24)

WaMu operated its massive loan origination campaign, especially in key “boom” States. (25)

Ironically, or not, Homesales Inc., set up shop in many of the very same States as WaMu’s expansion plan – again, in 2005 and 2006. All these companies are much like “cousins” in that the executives and managers all worked together in one capacity or another and in other various roles surrounding default, servicing and REO disposition. Furthermore, WaMU must have been JPMorgan Chases’ best, most profitable company for wholesale funding and lending to WaMu during it’s “boom,” and long before. (26) WaMU most likely owed JPMorgan Chase, and other major banks, BILLIONS of dollars by September 25, 2008. JPMorgan Chase’s Jamie Dimon also knew intimate, confidential details about WaMu's precarious financial situation from his ex-JPMC contacts, his position as CEO of JPMC, and his seat on The Federal Reserve. Jamie Dimon most likey saw an opportunity as there is always great profit in disasters…. for certain people and companies with inside information. Obviously. People like John Berens and Renee Johnson go way back to the other companies such as WaMu or JPMC, but eventually, they wind up at Homesales, Inc. of Delaware (27) (2Cool (29) (30) Lauren V. Harris is another such executive with Homesales, Inc… She has also involved as an executive with California Reconveyance Corporation, and Chase Venture Holdings. (31)

So these are the people who work, or worked for WaMu, JPMorgan Chase, Chase Hone Finance, Homesales, Inc., etc... (32) (33) It would be amazing to get to know these people and learn how they view “just doing their jobs?” Do they know that the REO sale may be fraudulent by clouded title and unlawful foreclosure? Do they know that the REO sale may have been assisted by fraudulent documents and faulty loan servicing? Or, if the questionable loan servicing was part of securities fraud (reps and warranties in the PSA)?

Or, if the securities fraud may have been aided and abetted with illegal underwriting and appraisal fraud by an un-holy number of WaMu (and affiliate) employees who inarguably and provably committed willful and intentional mortgage fraud upon a massive number of unsuspecting WaMu Homeowners? These homeowners were sold on the dream of homeownership, the American Dream?

One could only wonder, if we ever met by chance, if once they found out that 5 years later after imminent default, how families lives would be changed forever. Could one even wonder if they would ever begin to realize and experience the pain and agony of sleepless nights, isolation, emotional devestation, of fear, anxiety, uncertainty, of tremendous loss of money, income and ruined credit? These are exactly the symptoms collectively suffered by perhaps 100,000’s of defrauded Wamu Homeowner victims – cheated Americans. What about the MILLIONS of all the victims of 1000’s of other unscrupulous lenders? Would the bankers even care?

This compilation is dedicated to the hundreds of WaMu homeowners across America who have shared their case information, hopes and fears, throughout the last 3 years of our groups’ inception.




- Rob Harrington* / Co-Founder of the NWHSG – 1/8/2012




_________________________________________________________________________

ABOUT ROB HARRINGTON:

*My provable EVIDENCE of WaMu’s Mortgage Fraud by court ordered DISCOVERY in Niceville, Fl, USA:

http://shamethebanks.org/mortg.....ceville-fl









Rob Harrington - V.P. of Business Development for BPIA. BS in Criminology/FSU - 1984, entrepreneur, authored a consumer automotive buying guide (1992.) Past trainer and speaker, real estate investor, 2 current law-suits - 2 won and dismissed/reopened, estimated to be winning both again, including a quiet title action. In 2009, co-founded a Florida loan auditing company working with foreclosure defense attorneys specializing in litigation against alleged origination and underwriting fraud. Co-Founder of the National WAMU Homeowners Support Group.

DISCLAIMER/DISCLOSURE: I AM NOT AN ATTORNEY NOR LICENSED PRIVATE INVESTIGATOR! NO information that I share should be construed as legal advice. Always consult with a qualified foreclosure defense attorney, in your jurisdiction, regarding your foreclosure.

- rob.bpia@gmail.com


http://www.bpinvestigativeagen....._BPIA.html




_____________________________________________________________

SO, ARE WaMu EXECUTIVES BEING CRIMINALLY INVESTIGATED?





http://miseryindex2008.blogspo.....still.html

U.S. Attorney's Office, Press Release :

Due to the intense public interest in the failure of Washington Mutual, I want to assure our community that federal law enforcement is examining activities at the bank to determine if any federal laws were violated. The FBI, Federal Deposit Insurance Corporation Office of Inspector General (FDIC-OIG), Securities and Exchange Commission (SEC) and the Internal Revenue Service Criminal Investigations (IRS-CI) have all provided investigators to our task force. We are asking that anyone with information for the task force contact this number: 1-866-915-8299; or this email address: fbise@leo.gov.

For more than 100 years Washington Mutual was a highly regarded financial institution headquartered in Seattle. Given the significant losses to investors, employees, and our community, it is fully appropriate that we scrutinize the activities of the bank, it's leaders, and others to determine if any federal laws were violated.

Press contact: Emily Langlie, Public Affairs Officer, U.S. Attorney's Office, at (205) 553-4110.

_______________________________________

SO WHERE DID THE
DOJ INVESTIGATION GO?


Ex-Bank Executives Settle F.D.I.C. Lawsuit

http://www.nytimes.com/2011/12......html?_r=1

“The deal is one of the larger amounts recovered in a financial crisis case, though only about $400,000 in total will be paid by the executives, according to a person briefed on the settlement but not authorized to discuss it. The F.D.I.C. initially sought $900 million in the case, which it filed in March.

Much of the settlement will come from insurance policies the company took out for the executives, who are also releasing Washington Mutual’s estate from some financial claims they have against it. The money in the settlement will be distributed among Washington Mutual’s creditors. It will not benefit the F.D.I.C. fund because the fund did not lose money when Washington Mutual foundered and was sold in part to JPMorgan Chase & Company, according to F.D.I.C. officials. <snip>

The executives will neither admit nor deny wrongdoing in the settlement, according to another person briefed on it but not authorized to discuss it. The government has faced recent criticism over its willingness to settle cases without extracting admissions of guilt. In November, a federal judge in New York denounced that practice when he refused to approve a settlement between Citigroup and the Securities and Exchange Commission. The Justice Department has already closed its criminal investigation into officials at Washington Mutual, saying last summer that its investigators had “concluded that the evidence does not meet the exacting standards for criminal charges in connection with the bank’s failure.” After Washington Mutual collapsed, Mr. Schneider stayed on as a mortgage servicing executive at JPMorgan. Mr. Rotella, who joined the company in 2005 to try to turn it around, is now a consultant.

MORE “PARKING TICKETS”???

(Why pay a “ticket” if you are NOT GUILTY?)

$400,000 fine down from $900,000,0000 from the FDIC?
SWEET DEAL!



And just who is JP MorganChase?

http://en.wikipedia.org/wiki/JPMorgan_Chase
(Their Wiki page stated the following)

Conflicts of interest on investment research:

In December 2002, Chase paid fines totaling $80 million, with the amount split between the states and the federal government. The fines were part of a settlement involving charges that ten banks, including Chase, deceived investors with biased research. The total settlement with the ten banks was $1.4 billion. The settlement required that the banks separate investment banking from research, and ban any allocation of IPO shares.[46]

Enron: Chase paid out over $2 billion in fines and legal settlements for their role in financing Enron Corporation, which collapsed amid a financial scandal in 2001. In 2003, Chase paid $160 million in fines and penalties to settle claims by the Securities and Exchange Commission and the Manhattan district attorney’s office. In 2005, Chase paid $2.2 billion to settle a lawsuit filed by investors in Enron.[47]

WorldCom JPMorgan Chase, which helped underwrite $15.4 billion of WorldCom's bonds, agreed in March 2005 to pay $2 billion; that was 46 percent, or $630 million, more than it would have paid had it accepted an investor offer in May 2004 of $1.37 billion. J.P. Morgan was the last big lender to settle. Its payment is the second largest in the case, exceeded only by the $2.6 billion accord reached in 2004 by Citigroup.[48] In March 2005, 16 of WorldCom's 17 former underwriters reached settlements with the investors.[49][50]

Jefferson County, Alabama: In November 2009, JPMorgan Chase & Co. agreed to a $722 million settlement with the U.S. Securities and Exchange Commission to end a probe into sales of *derivatives that helped push Alabama’s most populous county to the brink of bankruptcy. The settlement came a week after Birmingham, Alabama Mayor Larry Langford was convicted on 60 counts of bribery, money laundering, and tax evasion related to bond swaps for Jefferson County, Alabama. The SEC alleged that J.P. Morgan, which had been chosen by the county commissioners to underwrite the floating-rate sewer bond deals and provide interest-rate swaps, had made undisclosed payments to close friends of the commissioners in exchange for the deal. J.P. Morgan then allegedly made up for the costs by charging higher interest rates on the swaps.[51]

Financial Services Authority: In June 2010, J.P. Morgan Securities was fined 33.32 million pounds sterling ($49.12 million) by the UK Financial Services Authority (FSA) for failing to protect billions of dollars of client money over almost seven years. The firm had erroneously failed to properly segregate client funds from corporate funds following the merger of Chase and J.P. Morgan, resulting in a violation of FSA regulations but no losses to clients. J.P. Morgan Securities reported the incident to the FSA, corrected the errors, and cooperated in the ensuing investigation, resulting in the fine being reduced 30% from an original amount of £47.6 million.[52]


Mortgage overcharge of active military personnel: In January 2011, JPMorgan Chase admitted that it wrongly overcharged several thousand military families for their mortgages, including active duty personnel in Afghanistan. The bank also admitted it improperly foreclosed on more than a dozen military families; both actions were in clear violation of the Servicemembers Civil Relief Act which automatically lowers mortgage rates to 6 percent, and bars foreclosure proceedings of active duty personnel. The overcharges may have never come to light were it not for legal action taken by Marine Capt. Jonathan Rowles, a fighter pilot. Both Capt. Rowles and his spouse Julia accused Chase of violating the law and harassing the couple for nonpayment. An official stated that the situation was "grim", and Chase initially stated it would be refunding up to $2,000,000 to those who were overcharged, and that families improperly foreclosed on have gotten or will get their homes back.[53] Chase has acknowledged that as many as 6,000 active duty military personnel were illegally overcharged, and more than 18 military families homes were wrongly foreclosed. In April, Chase agreed to pay a total of $27 million in compensation to settle the class-action suit.[54] At the company's 2011 shareholders' meeting, Dimon apologized for the error and said the bank would forgive the loans of any active-duty personnel whose property had been foreclosed. In June 2011, lending chief Dave Lowman was forced out over the scandal.

… And other source material (just a few) about this wonderful “corporate citizen”: Break the law, just pay a fine. Nobody ever goes to jail? Why not?




Trading with the enemy?
http://blogs.wsj.com/corruptio.....iolations/


“J.P. Morgan Chase is the latest bank to settle with Treasury over sanctions issues, though the focus has previously been on foreign financial institutions. Barclays PLC agreed to pay $298 million last year, admitting to processing payments to the U.S. from clients in Cuba, Sudan and other places under U.S. sanctions. Lloyds Banking Group PLC agreed to pay a $350 million settlement, and Credit Suisse Group AG paid $536 million in 2009.

OFAC, however, noted that J.P. Morgan Chase’s fine was “mitigated” based on its “substantial cooperation, including conducting an historical transaction review at OFAC’s request, and entering into tolling agreements with OFAC.”

http://www.forbes.com/2010/10/.....video.html


“Two separate lawsuits are accusing JPMorgan Chase and HSBC Holdings with manipulating silver prices.

Investors filed lawsuits late Wednesday in Manhattan alleging the two firms amassed large short positions in silver futures and caused prices to go down.”



_______________________________________________________________________________






WHY IS JP MORGAN CHASE
THE UNLIKELY OWNER OF ANY
WASHINGTON MUTUAL
HOMES LOANS?
(Part 1)

NWHSG RESEARCH PAPER REFERENCE SOURCES:





(1) WaMu Bondholders vs. JPMC and the FDIC (as specifically referred to in the "Texas Complaint" or "Texas Action.") http://www.kccllc.net/document.....000002.pdf and specifically to Rotella http://miseryindex2008.blogspo.....still.html

(2) Ontario Teachers Pension Fund (class action) vs WaMu (regarding WaMu’s systemic fraudulent lending and appraisals process.) http://www.blbglaw.com/cases/0.....lt-8.05.08

(3)Senate Subcommittee Report : Senator Levin - April 2010 http://hsgac.senate.gov/public.....Report.pdf

(4) Senate Subcommittee Report : Senator Levin - April 2010 http://hsgac.senate.gov/public.....Report.pdf (pg. 164)

The Levin-Coburn memorandum contained joint findings of fact regarding the role of

federal regulators in the Washington Mutual case history. Those findings of fact, which this

Report reaffirms, are as follows.

1. Largest U.S. Bank Failure. From 2003 to 2008, OTS repeatedly identified

significant problems with Washington Mutual’s lending practices, risk management,

and asset quality, but failed to force adequate corrective action, resulting in the largest

bank failure in U.S. history.

2. Shoddy Lending and Securitization Practices. OTS allowed Washington Mutual

and its affiliate Long Beach Mortgage Company to engage year after year in shoddy

lending and securitization practices, failing to take enforcement action to stop its

origination and sale of loans with fraudulent borrower information, appraisal

problems, errors, and notoriously high rates of delinquency and loss.

3. Unsafe Option ARM Loans. OTS allowed Washington Mutual to originate

hundreds of billions of dollars in high risk Option Adjustable Rate Mortgages,

knowing that the bank used unsafe and unsound teaser rates, qualified borrowers

using unrealistically low loan payments, permitted borrowers to make minimum

payments resulting in negatively amortizing loans (i.e., loans with increasing

principal), relied on rising house prices and refinancing to avoid payment shock and

loan defaults, and had no realistic data to calculate loan losses in markets with flat or

declining house prices.

4. Short Term Profits Over Long Term Fundamentals. OTS abdicated its

responsibility to ensure the long term safety and soundness of Washington Mutual by

concluding that short term profits obtained by the bank precluded enforcement action

to stop the bank’s use of shoddy lending and securitization practices and unsafe and

unsound loans.

5. Impeding FDIC Oversight. OTS impeded FDIC oversight of Washington Mutual

by blocking its access to bank data, refusing to allow it to participate in bank

examinations, rejecting requests to review bank loan files, and resisting the FDIC

recommendations for stronger enforcement action.

6. FDIC Shortfalls. The FDIC, the backup regulator of Washington Mutual, was

unable to conduct the analysis it wanted to evaluate the risk posed by the bank to the

Deposit Insurance Fund, did not prevail against unreasonable actions taken by OTS to

limit its examination authority, and did not initiate its own enforcement action against

the bank in light of ongoing opposition by the primary federal bank regulators to

FDIC enforcement authority.

7. Recommendations Over Enforceable Requirements. Federal bank regulators

undermined efforts to end unsafe and unsound mortgage practices at U.S. banks by

issuing guidance instead of enforceable regulations limiting those practices, failing to

165

prohibit many high risk mortgage practices, and failing to set clear deadlines for bank

compliance.

8. Failure to Recognize Systemic Risk. OTS and the FDIC allowed Washington

Mutual and Long Beach to reduce their own risk by selling hundreds of billions of

dollars of high risk mortgage backed securities that polluted the financial system with

poorly performing loans, undermined investor confidence in the secondary mortgage

market, and contributed to massive credit rating downgrades, investor losses,

disrupted markets, and the U.S. financial crisis.

9. Ineffective and Demoralized Regulatory Culture. The Washington Mutual case

history exposes the regulatory culture at OTS in which bank examiners are frustrated

and demoralized by their inability to stop unsafe and unsound practices, in which

their supervisors are reluctant to use formal enforcement actions even after years of

serious bank deficiencies, and in which regulators treat the banks they oversee as

constituents rather than arms-length regulated entities.




WaMu’s own employees were also responsible for the fraud:

http://www.nytimes.com/2008/11.....38825.html

http://www.huffingtonpost.com/.....34800.html

http://seattletimes.nwsource.c.....amu03.html

http://blogs.alternet.org/spea.....-collapse/

http://www.oregonlive.com/busi.....ctice.html

http://www.msnbc.msn.com/id/36.....u-lending/

http://dev.publicintegrity.org.....-borrowers

http://motherjones.com/mojo/20.....ril-report

http://realestate.aol.com/blog.....polluter/6

http://finance.yahoo.com/news/.....0&.v=2

http://miseryindex2008.blogspo.....chive.html

UNKNOWN WAMU EMPLOYEE

At a stockholders meeting in April, 2008, a man who identified himself as a WaMu employee and shareholder laid the blame for the company's troubles squarely on Stephen Rotella, president and chief operating officer since 2005.

The man, whose name could not be made out clearly, said that under Rotella's leadership, WaMu loan consultants were paid more for writing subprime mortgages and so-called "option ARMs" with ultra-low teaser rates than for writing safer, fixed-rate loans.

"This man [Rotella] has driven the company to the edge of bankruptcy and he should be fired, and his bonuses should be taken back from him," the man said.

(5) OTS fact sheet http://files.ots.treas.gov/730021.pdf

(6) The Market Oracle http://www.marketoracle.co.uk/Article13894.html

(7) The Ghost of WaMu (WAMU Shareholder Resources website) http://wamu-shareholders-resou.....urces.html (also referenced

(Cool Deutsche Bank Trust 1 and 2 Vs. FDIC and JPMC - Deposition by Duetsche Bank VP Renaldo Reyes http://www.scribd.com/doc/4093.....2010-03-30

(9) Delaware WaMu Federal Bankruptcy Case status as of 2011 http://news.yahoo.com/judge-or.....35497.html

(10) Senate Subcommittee Report by Senator Levin - April 2010



http://hsgac.senate.gov/public.....Report.pdf




(11) WAMU SEC Filings 2001 – 2007 : (assumes 5000(?) loans per trust) (from Livinglies) http://livinglies.wordpress.co.....c-filings/

Washington Mutual (WAMU) SEC Filings (2001 – 2007)

PROOF OF SALE OF OVER 700,000(?) WaMu HOME LOANS TO INVESTORS

1/12/07 3/28/08WaMu Asset-Backed Certificates/WaMu Series 2007-HE1 U.S. SEC # 1385019

4/5/07 3/28/08WaMu Asset-Backed Certificates/WaMu Series 2007-HE2 U.S. SEC # 1389138

4/26/07 3/28/08WaMu Asset-Backed Certificates/WaMu Series 2007-HE3 U.S. SEC # 1397612

6/7/07 3/28/08WaMu Asset-Backed Certificates/WaMu Series 2007-HE4 U.S. SEC # 1401898

1/26/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR1 U.S. SEC # 1350323

8/21/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR10 U.S. SEC # 1370359

8/22/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR11 U.S. SEC # 1370360

9/25/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR12 U.S. SEC # 1374624

9/25/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR13 U.S. SEC # 1374625

10/23/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR14 U.S. SEC # 1374626

10/24/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR15 U.S. SEC # 1374627

11/17/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR16 U.S. SEC # 1379744

11/20/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR17 U.S. SEC # 1379745

12/19/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR18 U.S. SEC # 1383018

12/20/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR19 U.S. SEC # 1383019

2/3/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR2 U.S. SEC # 1350324

2/10/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR3 U.S. SEC # 1352798

3/31/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR4 U.S. SEC # 1355536

4/27/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR5 U.S. SEC # 1360258

6/2/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR6 U.S. SEC # 1364489

6/9/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR7 U.S. SEC # 1364476

6/30/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR8 U.S. SEC # 1367734

7/13/06 5/16/08WaMu Mortgage Pass-Through Certificates/Series 2006-AR9 U.S. SEC # 1367735

1/19/07 3/28/08WaMu Mortgage Pass-Through Certificates/Series 2007-HY1 U.S. SEC # 1385021

2/14/07 3/28/08WaMu Mortgage Pass-Through Certificates/Series 2007-HY2 U.S. SEC # 1389140

2/23/07 3/28/08WaMu Mortgage Pass-Through Certificates/Series 2007-HY3 U.S. SEC # 1389141

3/23/07 3/28/08WaMu Mortgage Pass-Through Certificates/Series 2007-HY4 U.S. SEC # 1392110

4/24/07 3/28/08WaMu Mortgage Pass-Through Certificates/Series 2007-HY5 U.S. SEC # 1396434

5/22/07 3/28/08WaMu Mortgage Pass-Through Certificates/Series 2007-HY6 U.S. SEC # 1400091

6/22/07 3/28/08WaMu Mortgage Pass-Through Certificates/Series 2007-HY7 U.S. SEC # 1402110

1/24/07 3/28/08WaMu Mortgage Pass-Through Certificates/Series 2007-OA1 U.S. SEC # 1385020

2/21/07 3/28/08WaMu Mortgage Pass-Through Certificates/Series 2007-OA2 U.S. SEC # 1389139

3/24/07 3/28/08WaMu Mortgage Pass-Through Certificates/Series 2007-OA3 U.S. SEC # 1392111

4/25/07 3/28/08WaMu Mortgage Pass-Through Certificates/Series 2007-OA4 U.S. SEC # 1396435

5/23/07 3/28/08WaMu Mortgage Pass-Through Certificates/Series 2007-OA5 U.S. SEC # 1400092

6/25/07 3/28/08WaMu Mortgage Pass-Through Certificates/Series 2007-OA6 U.S. SEC # 1402111

2/28/05 11/13/07WaMu Asset Acceptance Corp U.S. SEC # 1317069

2/11/00 11/9/07Wamu Partners II LP U.S. SEC # 1105038

1/14/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR1 U.S. SEC # 1314534

7/25/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR10 U.S. SEC # 1334142

8/24/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR11 U.S. SEC # 1337031

8/25/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR12 U.S. SEC # 1337123

10/24/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR13 U.S. SEC # 1342264

10/25/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR14 U.S. SEC # 1342368

11/21/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR15 U.S. SEC # 1345039

11/22/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR16 U.S. SEC # 1345116

12/19/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR17 U.S. SEC # 1347345

12/7/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR18 U.S. SEC # 1346065

12/14/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR19 U.S. SEC # 1346793

1/24/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR2 U.S. SEC # 1315296

2/22/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR3 U.S. SEC # 1318666

3/22/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR4 U.S. SEC # 1321432

4/22/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR5 U.S. SEC # 1324712

4/26/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR6 U.S. SEC # 1325096

6/22/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR7 U.S. SEC # 1331029

7/14/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR8 U.S. SEC # 1333176

7/20/05 3/30/06WaMu Mortgage Pass-Through Certificates/Series 2005-AR9 U.S. SEC # 1333701

8/25/03 3/30/05Wamu Mortage Pass Thru Cert Ser 2003-S8 U.S. SEC # 1261237

2/24/03 3/30/05Wamu Mortage Pass Thru Cert Series 2003-Ar3 U.S. SEC # 1220366

12/19/03 3/30/05Wamu Mortgage Pass Thr Certs Ser 2003-Ar12 U.S. SEC # 1274023

7/23/03 3/30/05Wamu Mortgage Pass Through Cer Ser 2003-Ar8 U.S. SEC # 1256337

8/23/02 3/30/05Wamu Mortgage Pass Through Cert 2002-Ar10 U.S. SEC # 1182560

1/24/02 3/30/05Wamu Mortgage Pass Through Certificates 2002-S1 U.S. SEC # 1165932

10/28/02 3/30/05Wamu Mortgage Pass Through Certificates 2002-S7 U.S. SEC # 1201847

3/25/02 3/30/05Wamu Mortgage Pass-Through Certificate Series 2002-Ar4 U.S. SEC # 1169893

10/27/03 3/30/05Wamu Mortgage Pass-Through Certificates Ser 2003-S12 U.S. SEC # 1268291

11/9/01 3/30/05Wamu Mortgage Pass Through Certificates Series 2001-Ar3 U.S. SEC # 1162063

8/27/02 3/30/05Wamu Mortgage Pass Through Certificates Series 2002-Ar11 U.S. SEC # 1183265

9/20/02 3/30/05Wamu Mortgage Pass Through Certificates Series 2002 Ar12 U.S. SEC # 1191294

9/24/02 3/30/05Wamu Mortgage Pass Through Certificates Series 2002-Ar13 U.S. SEC # 1192220

9/23/02 3/30/05Wamu Mortgage Pass Through Certificates Series 2002 Ar14 U.S. SEC # 1191853

10/23/02 3/30/05Wamu Mortgage Pass Through Certificates Series 2002-Ar15 U.S. SEC # 1200829

10/24/02 3/30/05Wamu Mortgage Pass Through Certificates Series 2002-Ar16 U.S. SEC # 1201113

10/23/02 3/30/05Wamu Mortgage Pass Through Certificates Series 2002-Ar17 U.S. SEC # 1200828

2/26/02 3/30/05Wamu Mortgage Pass Through Certificates Series 2002-S2 U.S. SEC # 1168244

5/24/02 3/30/05Wamu Mortgage Pass Through Certificates Series 2002-S3 U.S. SEC # 1174299

9/24/02 3/30/05Wamu Mortgage Pass Through Certificates Series 2002-S6 U.S. SEC # 1192222

1/27/03 3/30/05Wamu Mortgage Pass Through Certificates Series 2003-Ar1 U.S. SEC # 1216057

3/20/03 3/30/05Wamu Mortgage Pass Through Certificates Series 2003-Ar4 U.S. SEC # 1223995

4/23/03 3/30/05Wamu Mortgage Pass Through Certificates Series 2003-Ar5 U.S. SEC # 1228782

5/21/03 3/30/05Wamu Mortgage Pass Through Certificates Series 2003-Ar6 U.S. SEC # 1234822

3/25/03 3/30/05Wamu Mortgage Pass Through Certificates Series 2003-S2 U.S. SEC # 1224460

4/23/03 3/30/05Wamu Mortgage Pass Through Certificates Series 2003 S3 U.S. SEC # 1228787

5/22/03 3/30/05Wamu Mortgage Pass Through Certificates Series 2003 S4 U.S. SEC # 1235349

7/22/03 3/30/05Wamu Mortgage Pass-Through Certificates Series 2003-S7 U.S. SEC # 1255906

2/11/04 3/30/05Wamu Mortgage Pass-Through Certificates Series 2004-Ar1 U.S. SEC # 1279818

7/23/04 3/30/05WaMu Mortgage Pass-Through Certificates/Series 2004-AR10 U.S. SEC # 1298239

8/23/04 3/30/05WaMu Mortgage Pass-Through Certificates/Series 2004-AR11 U.S. SEC # 1301259

10/25/04 3/30/05WaMu Mortgage Pass-Through Certificates/Series 2004-AR12 U.S. SEC # 1306918

11/22/04 3/30/05WaMu Mortgage Pass-Through Certificates/Series 2004-AR13 U.S. SEC # 1309383

12/17/04 3/30/05WaMu Mortgage Pass-Through Certificates/Series 2004-AR14 U.S. SEC # 1311881

4/28/04 3/30/05WAMU Mortgage Pass-Through Certificates Series 2004-AR2 U.S. SEC # 1288748

4/26/04 3/30/05Wamu Mortgage Pass-Through Certificates Series 2004 Ar-3 U.S. SEC # 1288639

5/21/04 3/30/05WaMu Mortgage Pass-Through Certificates Series 2004-AR4 [ formerly WaMu Mortgage Pass-Through Certificates

Series 2004-CB1 ] U.S. SEC # 1291435

5/21/04 3/30/05Wamu Mortgage Pass-Through Certificates/Series 2004-Ar5 U.S. SEC # 1291434

5/26/04 3/30/05WaMu Mortgage Pass-Through Certificates Series 2004-AR6 U.S. SEC # 1291950

6/23/04 3/30/05WaMu Mortgage Pass-Through Certificates/Series 2004-AR7 U.S. SEC # 1295182

6/24/04 3/30/05WaMu Mortgage Pass-Through Certificates/Series 2004-AR8 U.S. SEC # 1295374

7/22/04 3/30/05WaMu Mortgage Pass-Through Certificates/Series 2004-AR9 U.S. SEC # 1298122

5/24/04 3/30/05WaMu Mortgage Pass-Through Certificates Series 2004-CB1 U.S. SEC # 1291463

6/22/04 3/30/05WaMu Mortgage Pass-Through Certificates/Series 2004-CB2 U.S. SEC # 1294965

8/23/04 3/30/05WaMu Mortgage Pass-Through Certificates/Series 2004-CB3 U.S. SEC # 1301258

10/25/04 5/27/05WaMu Mortgage Pass-Through Certificates/Series 2004-CB4 U.S. SEC # 1306922

4/29/04 3/30/05Wamu Mortgage Pass-Through Certificates Series 2004-Rs2 U.S. SEC # 1288883

5/25/04 3/30/05WaMu Mortgage Pass-Through Certificates Series 2004-S2 U.S. SEC # 1291737

6/23/04 3/30/05WaMu Mortgage Pass-Through Certificates/Series 2004-S3 U.S. SEC # 1295156

12/20/02 3/30/05Wamu Mortgage Pass Through Cert Ser 2002-Ar19 U.S. SEC # 1211522

2/24/03 3/30/05Wamu Mortgage Pass Through Cert Ser 2003-S1 U.S. SEC # 1220308

12/19/02 3/30/05Wamu Mortgage Pass Through Cert Series 2002-S8 U.S. SEC # 1211244

9/22/03 3/30/05Wamu Mortgage Pass Through Certs Ser 2003-Ar10 U.S. SEC # 1264256

9/22/03 3/30/05Wamu Mortgage Pass Through Certs Ser 2003-S10 U.S. SEC # 1264257

10/23/03 3/30/05Wamu Mortgage Pass Through Certs Ser 2003-S11 U.S. SEC # 1268053

9/22/03 3/30/05 Wamu Mortgage Pass Through Certs Ser 2003-S9 U.S. SEC # 1264258

5/22/03 3/30/05Wamu Mortgage Pass Through Certs Series 2003-S5 U.S. SEC # 1235345

2/23/04 3/30/05Wamu Mortgage Pass Through Certs Series 2004-S1 U.S. SEC # 1281095

11/25/02 3/30/05Wamu Mortgage Pass Thru Certificates Series 2002-Ms8 U.S. SEC # 1207425

11/25/02 3/30/05Wamu Mortgage Pass Thru Certificates Series 2002-Ms9 U.S. SEC # 1207426

2/24/03 3/30/05Wamu Mortgage Pass-Thru Cert Series 2003-Ar2 U.S. SEC # 1220259

11/22/02 3/30/05Washington Mutual Mort Sec Corp Wamu Mo Pa Th Cer Se 02 Ar18 U.S. SEC # 1207209

6/21/02 3/30/05Washington Mutual Mort Sec Corp Wamu Mo Pa Th Ce Se 02 Ar7 U.S. SEC # 1176128

6/23/03 3/30/05Washington Mutual Mort Sec Corp Wamu Mo Pa Th Ce Se 03 S6 U.S. SEC # 1245821

7/26/02 3/30/05Washington Mutual Mort Sec Corp Wamu Mo Pa Th Ce Se 2002-Ar9 U.S. SEC # 1178854

7/26/02 3/30/05Washington Mutual Mort Sec Corp Wamu Mo Pa Th Ce Se 2002 S5 U.S. SEC # 1178842

8/22/03 3/30/05Washington Mutual Mort Sec Corp Wamu Mo Ps Th Ce Se 03 Ar9 U.S. SEC # 1261111

11/21/03 3/30/05Washington Mutual Mort Sec Corp Wamu Mo Ps Th Ce Se 03 S13 U.S. SEC # 1271056

6/23/03 3/30/05Washington Mutual Mort Sec Corp Wamu Mor Pas Th Ce Se 03 Ar7 U.S. SEC # 1245823

10/27/03 3/30/05Washington Mutual Mort Sec Corp Wamu Series 2003-Ar11 U.S. SEC # 1268283

2/25/02 3/30/05Washington Mutual Mort Sec Wamu Mor Pa Th Ce Se 2002 Ar2 U.S. SEC # 1168200

8/22/01 6/24/04Wamu Mor Pass Thru Cert Ser 2001-Ar1 U.S. SEC # 1157920

10/9/01 6/24/04Wamu Mortgage Pass Through Certificates Series 2001-Ar2 U.S. SEC # 1160537

11/13/01 6/24/04Wamu Mortgage Pass Through Certificates Series 2001-Ar4 U.S. SEC # 1162155

10/25/01 6/24/04Wamu Mortgage Pass-Through Certificates Series 2001-S10 U.S. SEC # 1161529

11/28/01 6/24/04Wamu Mortgage Pass Through Certificates Series 2001-S11 U.S. SEC # 1162828

2/22/02 6/24/04Wamu Mortgage Pass Through Certificates Series 2002-Ar3 U.S. SEC # 1168097

4/27/01 6/24/04Wamu Mortgage Pass Through Cert Series 2001-5 U.S. SEC # 1139304

7/27/01 6/24/04Wamu Mortgage Pass Through Cert Series 2001-S8 U.S. SEC # 1145954

12/13/01 6/24/04Wamu Mortgage Pass Thru Certificate Series 2001-Ar6 U.S. SEC # 1163589

4/23/02 6/24/04Wamu Mortgage Pass Thru Certs Series 2002-Ars U.S. SEC # 1171948

5/24/02 3/31/03Wamu Mortgage Pass Through Certificates Series 2002-S4 U.S. SEC # 1174300

6/27/03Wamu Mortgage Pass Through Certificates Series 2003-Ar7 U.S. SEC # 1249359

12/7/01CSFB Mor Sec Corp Wamu Mor Bk Pa Thr Cer Ser 2001-Ar5 U.S. SEC # 1163340

5/13/99 11/13/00Wamu Partners U.S. SEC # 1056574

5/21/04 3/30/05WaMu Mortgage Pass-Through Certificates Series 2004-CB1 [ now WaMu Mortgage Pass-Through Certificates Series

2004-AR4 ] U.S. SEC # 1291435

3/25/03 3/30/05Wamu Mortgage Passs Through Certificates Series 2003-S2 [ now Wamu Mortgage Pass Through Certificates Series

2003-S2 ] U.S. SEC # 1224460












Beside the provable securities trust evidence, after WaMu’s securization sales efforts failed, WaMu allegedly utilized covered bonds and “pledged loans” transactions around 2007 onward. (Thank you Brenda and Jim.)

JP MORGAN CHASE IS STILL NOT THE PROVABLE OWNER OF THE WaMu LOANS!?

http://victoryoverchase.blogsp.....deral.html

(12) FDIC and JPMorgan Chase (WaMu) Purchase and Assumption Agreement- Sept. 25, 2008 http://www.scribd.com/doc/5143.....-Agreement

(13) WaMu BK Examiner’s Report http://www.mckennalong.com/ass.....205735.pdf

(14) http://en.wikipedia.org/wiki/Washington_Mutual
JPMorgan Chase didn't acquire any of Washington Mutual Bank's equity obligations (though JPMorgan Chase planned to issue $8 billion in common stock to recapitalize the bank). As a result of the seizure, WaMu's stockholders were nearly wiped out. Its stock price dropped to $0.16 a share, far from $45 a share in 2007.[29] In their Chapter 11 filing, WaMu listed assets of $33 Billion and Debt of $8 Billion. (ref. Appendix A). The filing also indicates that enough funds are available for distribution to unsecured creditors.

Within days of the seizure, a hedge fund adviser and investment strategist, Mike Stathis of AVA Investment Analytics issued a formal complaint to the Securities and Exchange Commission, demonstrating evidence of insider trading. The complaint also alleged that Washington Mutual was not insolvent, and several Wall Street firms and hedge funds had conspired to short the stock. He also stated that he spoke with a reporter from the Associated Press who told him that he was contacted by a Washington Mutual executive hours before the seizure, telling the reporter that it would happen for “political reasons.” In later criticisms, Stathis discussed that the neither the FDIC nor OTS ever disclosed any evidence of Washington Mutual's insolvency.[32] Stathis stated that within a few weeks of submitting his complaint, he was visited by federal agents who held him in an interrogation room for questioning. As a result of this, Stathis stated that he felt bullied and did not release the SEC compliant into the public domain until a year later.[33][34]

Currently, shareholders are fighting what they consider the illegal seizure of Washington Mutual through such websites as WaMuCoup.com and WaMuEquity.org, claiming that the OTS acted in an arbitrary and capricious manner and seized the bank for political reasons or for the benefit of JPMorgan Chase, which acquired a large network of branches at what they claim to be an unfairly low price. Shareholders claim that as of the date of the takeover, the bank had enough liquidity to meet all its obligations and was in compliance with the business plan negotiated with the OTS 2 weeks earlier[35] and that the holding company's board and management was kept completely in the dark about the government's negotiations with Chase, hampering the bank's ability to sell itself on its own. Chief executive Alan H. Fishman was flying from New York to Seattle on the day the bank was closed, and eventually received a $7.5 million sign-on bonus and cash severance of $11.6 million (which he declined) after being CEO for 17 days.[36] Senator Maria Cantwell has demanded an explanation from the government and threatened to open an investigation[37] and Washington Mutual's former shareholders have threatened a lawsuit demanding compensation for the lost value of their shares.[35]”

(15) FDIC has to face $10 billion WaMu-related lawsuit http://www.reuters.com/article.....H820110823


(16) Deutsche Bank Trust 1 and 2 Vs. JPMC and FDIC http://www.scribd.com/doc/4644.....organ-WAMU



(17) After WaMu securitization failed: WaMu covered bonds and “pledged loans” deals during 2007 onward. http://victoryoverchase.blogsp.....deral.html

http://seekingalpha.com/instab.....-carcasses



(1Cool http://4closurefraud.org/2011/.....lt-trusts/



(19) http://4closurefraud.org/2011/.....mortgages/ from: http://www.zerohedge.com/artic.....en-selling



(20) (21) http://4closurefraud.org/2010/.....amu-loans/ from: http://www.bizjournals.com/sea.....gests.html



(22) WAMU/ Long Beach Mortgage 2006 SEC - Free Writing Prospectus –
WaMU SELLS loans after they make them. WaMu is already paid!
http://www.secinfo.com/d16VAy.vx6.htm#1stPage (pg 41)



(23) WAMU/ Long Beach Mortgage 2006 SEC Free Writing Prospectus – (Renee Johnson/Washington Mutual National Manager – Strategic Operations/REO) http://www.secinfo.com/d16VAy.vx6.htm#1stPage (pg 3Cool J



(24) WAMU/ Long Beach Mortgage 2006 SEC Free Writing Prospectus -

John Berens/Washington Mutual Senior Vice President of Loan Servicing

– 24 years management with JPMorgan Chase (Pg. Cool http://www.secinfo.com/d16VAy.vx6.htm#1stPage



(25) WAMU/ Long Beach Mortgage 2006 SEC Free Writing Prospectus -

(Washington Mutual targeted key markets: Arizona, Texas, Washington, Florida, New York,

New Jersey , etc.) Notice Mississippi, who has some of the most stringent lending and consumer protection lawsin the country, was totally by-passed by WaMu’s corporate expansion strategy.)

http://www.secinfo.com/d16VAy.vx6.htm#1stPage (pg 11)




(26)Certain litigation information regarding WaMu’s and JPMorgan Chases long-term, ongoing, and mutual ventures dating back to even 2000, back to the early Chase Manhatten days. http://wmish.com/docs/gib/3.28.....parent.pdf




(27) http://www.corporationwiki.com.....23963.aspx




(2Cool http://www.corporationwiki.com.....25607.aspx




(29)http://www.corporationwiki.com/New-Jersey/Iselin/homesales-inc-of-delaware-4564410.aspx


§ John Barren

§ Treasurer

§ John J Berens

§ Director

§ Lauren V Harris

§ Secretary

§ Kim D Greaves

§ Director (inactive)

§ Mark W Davis

§ Director

§ Bryan B Bolton

§ Director (inactive)

§ Renee T Johnson

§ President (inactive)

§ James A Miller

§ President (inactive)

§ John V Robinson

§ Treasurer (inactive)

§ Lisa A Shepherd

§ Director

§ President




(30) http://www.allbusiness.com/finance/3596568-1.html
(ex-JPMC) Berens and Rotella - “WaMu’s back!”



(31) Lauren V. Harris: is also involved as an executive with California Reconveyance Corporation, Homesales, Inc., and Chase Venture Holdings. http://www.corporationwiki.com.....63048.aspx

Connections


§ California Reconveyance Company

§ Chase Ventures Holdings, Inc.

§ Homesales, Inc. of Delaware

§ Desmond Smith

§ Susan Barber

§ John Barren

§ John Barren

§ John J Berens

§ James C Berry

§ Mark W Davis

§ Bryan B Bolton

§ Curt Brouwer

§ Sally Durdan

§ Lisa J Fitzgerald

§ Kim D Greaves

§ Anthony J Horan

§ Renee T Johnson

§ Sandra E Karwhite

§ Catharine E Killien

§ William A Longbrake

§ Colleen A Meade

§ James A Miller

§ Chad Prelog

§ Elizabeth A Proctor

§ Michael A Reynoldson

§ John V Robinson

§ Lisa A Shepherd

§ Ann Thorn





Homesales Inc, Statewide corporate “offices” examples:
circa 2006



(32) Arizona: http://starpas.azcc.gov/script.....ORPORATION





File Number: F-1263454-0







Corp. Name: HOMESALES, INC.







Agent Status: APPOINTED 02/14/2006










Agent Last Updated: 06/10/2006










Officer Information






LISA SHEPHERDPRESIDENT/CEO7301 BAYMEADOWS WAYJACKSONVILLE,FL 32256Date of Taking Office: 05/01/2010Last Updated: 03/29/2011
LAUREN V HARRIS SECRETARY194 WOOD AVE 2ND FLISELIN,NJ 08830Date of Taking Office: 09/18/2006Last Updated: 03/29/2011















Director Information



LISA SHEPHERDDIRECTOR7301 BAYMEADOWS WAYJACKSONVILLE,FL 32256Date of Taking Office: 05/01/2010Last Updated: 03/29/2011
MARK W DAVISDIRECTOR8333 RIDGEPOINT DRIVEFLOOR 1IRVING,TX 75063-5812Date of Taking Office: 08/13/2007Last Updated: 03/29/2011






Domestic Address










3415 VISION DR










COLUMBUS, OH 43219














(33) Florida:




http://sunbiz.org/scripts/cord.....6&inq_

came_from=NAMFWD&cor_web_names_seq_number=0000&names_name_ind=X&names_

cor_number=&names_name_seq=&names_name_ind=&names_comp_name=HOMESALES&names

_filing_type=




Foreign Profit Corporation




HOMESALES, INC. OF DELAWARE




Cross Reference Name




HOMESALES, INC.




Filing Information







Document Number


F06000000596




FEI/EIN Number


201460767




Date Filed


01/31/2006




State


DE




Status


ACTIVE







Principal Address




3415 VISION DR
COLUMBUS OH 43219




Mailing Address




194 WOOD AVE S
2ND FLOOR
ISELIN NJ 08830




Changed 02/12/2009




Registered Agent Name & Address




CT CORPORATION SYSTEM
1200 S PINE ISLAND DR
PLANTATION FL 33324 US




Officer/Director Detail




Name & Address




Title D




SHEPHERD, LISA A
7301 BAYMEADOWS WAY, FLOOR 02
JACKSONVILLE FL 32256




Title D




BERENS, JOHN J
7301 BAYMEADOWS WAY
JACKSONVILLE FL 32256




Title D




DAVIS, MARK W
8333 RIDGEPOINT DRIVE, FLOOR 1
IRVING TX 75063




Title S




HARRIS, LAUREN V
194 WOOD AVENUE SOUTH, FLOOR 2
ISELIN NJ 08830




Title T




BARREN, JOHN
3415 VISION DRIVE, FLOOR 2
COLUMBUS OH 43219




Title P




SHEPHERD, LISA A
7301 BAYMEADOWS WAY, FLOOR 02
JACKSONVILLE FL 32256




http://www.corporationwiki.com.....64410.aspx




Officers at Homesales, Inc. of Delaware
Click on to the left of the name to see the Connection Visualizer.




John Barren


Treasurer at Homesales, Inc. of Delaware

Treasurer at California Reconveyance Company
CFO at Chase Mortgage Company
Vice President and Secretary at Chase Mortgage Company-West
at Chase Mortgage Holdings, Inc.
Director at J.P. Morgan Chase Custody Services, Inc.





Hide other companies


Columbus, OH









John J Berens


Director at Homesales, Inc. of Delaware


Jacksonville, FL









Lauren V Harris


Secretary at Homesales, Inc. of Delaware

Secretary at California Reconveyance Company
Secretary at Chase Ventures Holdings, Inc.





Hide other company


Iselin, NJ









Kim D Greaves


Manager at Chase Home Finance LLC


Columbus, OH









Mark W Davis


Director at Homesales, Inc. of Delaware


Irving, TX









Bryan B Bolton





Phoenix, AZ









Renee T Johnson





Jacksonville, FL









James A Miller


at Chase Home Finance LLC


Arlington, TX









John V Robinson





Fort Washington, PA









Lisa A Shepherd


Director and President at Homesales, Inc. of Delaware


Jacksonville, FL






Show Fewer Connections...







OTHER INTERESTING WAMU/JPMORGAN/FDIC INFORMATIONAL LINKS:

WIKIPEDIA – HISTORY OF WAMU: http://en.wikipedia.org/wiki/Washington_Mutual

http://victoryoverchase.blogsp.....-wood.html

http://www.nytimes.com/2008/12.....wanted=all

http://www.scribd.com/doc/4755.....Appellants

http://wmish.com/EC/examiner/r.....Motion.pdf
(pg 13 of 37 is the exhibit - go to # 8 question) 8. With regard to No. 53, you indicated that there was never a draft or final schedule of assets prepared in conjunction with JPMC's acquisition of assets of WMB. You objected to the request as written ("identify in detail all assets") as either being too vague or too burdensome, given the size of this acquisition. I suggested that, at least as an initial compromise, we would be willing to agree to see a list of assets at the level of detail in which they are maintained in JPMC's internal accounting systems. You agreed to investigate this possibility and get back to me.
http://wmish.com/docs/gor/Brief.pdf (Pg. 20)

http://wmish.com/EC/examiner/r.....Motion.pdf
(pg 13 of 37 is the exhibit - go to # 8 question) 8. With regard to No. 53, you indicated that there was never a draft or final schedule of assets prepared in conjunction with JPMC's acquisition of assets of WMB. You objected to the request as written ("identify in detail all assets") as either being too vague or too burdensome, given the size of this acquisition. I suggested that, at least as an initial compromise, we would be willing to agree to see a list of assets at the level of detail in which they are maintained in JPMC's internal accounting systems. You agreed to investigate this possibility and get back to me. [Referenced from this email to Brian Glueckstein/JPMChase] Sargent Declaration Exhibit 2 Edgar G. Sargent From: Edgar G, Sargent Sent: Wednesday, June 09,201012:40 PM To: 'Glueckstein, Brian 0.'; Friedman, Stacey Cc: Gregory Taylor (Ashby & Geddes) Subject: RE: JPMC Requests I still don't get it, but I guess we can discuss on the call. My apologies if we made an incorrect representation to the Court and if it seems material, we will correct it. Is the distinction between an investigation into JPMC (didn't happen) and an investigation into JPMC's conduct (may have happened)? From: Glueckstein, Brian D. [gluecksb@sullcrom.com] Sent: Wednesday, June 09, 2010 12:37 PM To: Edgar G. Sargent; Friedman, Stacey Cc: Gregory Taylor (Ashby & Geddes) Subject: RE: JPMC Requests Thanks, Edgar. We look forward to hopefully wrapping this up today as well, Let's discuss tl7 on our call. Page 1 of7 http://wmish.com/docs/gib/3.28.....parent.pdf http://livinglies.wordpress.co.....r-to-wamu/
http://www.nakedcapitalism.com.....llion.html

http://www.scribd.com/doc/6387.....-SEPT-2011

from one of my original WAMU partner’s posts, Jeff Brode in Colorado - He deserves a medal. http://www.foreclosurehamlet.o.....utual-info

(all my posts were dropped and deleted when I left the site.....) Thanks you Lisa and Micheal – you are heros.

from my original rant post on implode-o-meter in 2009 (this was the beginning for my founding of the National WAMU Homeowners Support Group... After talking to FDIC attorney and JPMC senior counsel, I smelled a “dead rat”... turned into a (sick?) “hobby,” and here we are today... (over 100 links attached to 30 something pages of rants...) Enjoy! Join implode-o-meter. It is the ORIGINAL source of all things mortgage evil, by and for industry insiders, good and evil. Thank you Aaron Krowne. WE are still free.

http://implode-explode.com/for.....ase+aiding



Court cases and cornucopia of Chase (and others) litigation with homeowners :

http://stopforeclosurefraud.co.....prejudice/ Many thanks, Mr D., you are one of the most awesome, unselfish people I met to date.

http://livinglies.wordpress.co.....ivinglies/

Neal Garfield is one of our grandfathers. He deserves our respect and admiration



http://victoryoverchase.blogsp.....gr#close=1

Brenda Reed (NWHSG) should be CA’s next AG. God bless you Brenda!

http://www.scribd.com/doc/5850.....ASE-Scribd

Attorney Doug Gillies (NWHSG) first attorney to crack the successor in interest code. Thanks Doug. The crowd went wild…

http://chasechase.org/doxcc/GeorgeChaseOrder.pdf

Margaret Carswell, you never failed. Thank you!

http://chasechase.org/cases.html

http://livinglies.wordpress.co.....imposters/

http://www.iwatchnews.org/2011.....-borrowers

http://www.fdic.gov/regulation.....-1000.html

http://livinglies.wordpress.co.....ot-a-loan/



http://mattweidnerlaw.com/blog.....-Brief.pdf

Matt Weidner should really be running for FL AG. Matt hung it way out there. Thank you, Matt.

http://www.scribd.com/doc/1413.....es#archive

http://www.thestreet.com/story.....suits.html

http://www.financial-planning......table=true

http://mattweidnerlaw.com/blog.....pinion.pdf

http://livinglies.wordpress.co.....ost-notes/

https://entp.hud.gov/sfnw/public/lendinfo.cfm?lendlist=73815&lender_type=t2

https://entp.hud.gov/sfnw/public/lendinfo.cfm?lendlist=75326&lender_type=t2

http://react.bracewellgiuliani.....tement.pdf

http://4closurefraud.org/2010/.....-for-fraud

http://www.housingwire.com/201.....bo-signers

http://www.nakedcapitalism.com.....llion.html

Yves Smith is one of the most intelligent bloggers out there. Thanks Yves.

http://www.nytimes.com/2011/04.....;emc=tha25

http://www.bloomberg.com/apps/.....NRCJ6FJ6pM

http://stopforeclosurefraud.co.....hase-ally/

http://www.fhfa.gov/webfiles/2.....Morgan.pdf

http://www.house.gov/apps/list.....nancialsvc
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rocketrob
Dyn-o-mite!


Joined: 18 Mar 2008
Posts: 405

Thank you Aaron Krowne
PostPosted: Thu Jan 12, 2012 2:03 pm Reply with quoteBack to top

Thank you for defending free speech, the First Amendment, and the free exchange of information and opinion on the internet.

It will be interesting to see where this all goes...

Rob Harrington
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Aaron
A-Bomb


Joined: 24 Jan 2007
Posts: 824
Location: Atlanta, GA

Re: WAMU /Chase and 100'000's of questionable foreclosures
PostPosted: Thu Jan 12, 2012 7:31 pm Reply with quoteBack to top

Hey Rob, are you capable of summarizing things? ;)
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bdc63
Schumpeter Reincarnate


Joined: 16 Feb 2007
Posts: 4392
Location: Maryland

Re: WAMU /Chase and 100'000's of questionable foreclosures
PostPosted: Thu Jan 12, 2012 8:34 pm Reply with quoteBack to top

... I'm going to need to wait for the Cliffs Notes version to come out ...

_________________
"Socialism only works in two places: Heaven where they don't need it and h*ll where they already have it." -- Ronald Reagan
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“Gold is money. Everything else is credit.” -J.P. Morgan, testifying to Congress in 1912
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