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David Rucki Commits Apparent Mortgage Fraud.

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By Michael Volpe

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The initial document which started this investigation was sent by Michael Brodkorb, who runs a blog dedicated to bad mouthing Sandra Grazzini-Rucki and anyone who supports her, to an Angie Young.

He sent it to Young because the initial document is signed A. Young and Angie Young is neighbors with Dede Evavold, a supporter of Grazzini-Rucki.

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As his divorce was heating up, David Rucki engaged in blatant and brazen mortgage fraud.

According to the tract search, on June 3, 2011, the mortgage on Rucki’s Lakeville home was satisfied, meaning it was paid off, but inexplicably, his house was then foreclosed on- only to have him or his agents buy it back at auction every time- and sold at auction four times.

Rucki continues to own the property with numerous dubious and potentially fraudulent entries.

In the first case, Deutsche Bank Trust is listed as a brand-new mortgagor, the one providing the loan, on June 30, 2012.

On October 11, 2012, as part of a foreclosure, Deutsche Bank Trust was removed as the mortgagor in pen on the property and Wallingford Capital was written in instead.

Lawton King at Deutsche Bank said the loan was being serviced by Ocwen which provided this statement: “This loan is not in our system. We also checked different variation.”

Deutsche Bank, and their public affairs officer Lawton King, did not provide any further details on what happened to the loan.

According to the same document, Wallingford Capital then assumed this loan of $140,365 at 4.75%, an unusually low rate for a property bought at foreclosure, but David Rucki continued to remain in the property. Wallingford Capital did not return a message for comment.

The law firm Shapiro and Zielke was listed as handling the sale; their managing partner, Lawrence Zielke, issued this statement.

This was a public sale.  We do not control which party bids at sale.     I suggest you consult with your own real estate lawyer so counsel can walk your through this process.   I have nothing further to say on this matter.” More

The Coming Eminent Domain “Heist”

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Dan Peterson, Executive Director info@proprights.com 407-481-2289

Copyright © 2012 Coalition for Property Rights

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The Coming Eminent Domain “Heist”

The Constitution of the United States gives government the “Power” to take private property “for public use” provided there is “due process of law” and “just compensation.” The most notorious misuse of this power to date is the U.S. Supreme Court decision in Kelo v. City of New London.  But now, certain US cities are promoting a new use of eminent domain that will spell disaster for the housing and financial industries. San Bernardino County and the City of Stockton, California have already crossed over the line of bankruptcy and are in desperate need of revenue. Here’s their plan:

Use eminent-domain powers to buy mortgages where homes are underwater.

Impose losses on lenders.

Write down the principal amounts owed by the borrower.

The results are great for the borrower who gets his loan modified.

The results are great for the financial/investment management company to be selected to operate this scheme because of the fees to be received for each loan modified and their share of the profits realized on behalf of their investors.

The results are great for the municipalities which get a financial piece of the deal.

But, what about the lender of the original loan?

Consider the following scenario as laid out by Jann Swanson in an article entitled, “SIFMA Slams Eminent Domain “Scheme” in Letter to FHFA”: More

Healthcare scoring for the “dead pool”: hedge funds betting on how long you will live

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Marti Oakley (c)copyright 2011 All Rights Reserved

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“The solution? A bond made up of life settlements would ideally have policies from people with a range of diseases — leukemia, lung cancer, heart disease, breast cancer, diabetes, Alzheimer’s. That is because if too many people with leukemia are in the securitization portfolio, and a cure is developed, the value of the bond would plummet.” 

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Those medical records that are now available to anyone and everyone who might have a financial interest in your “health” (the same records about you that you yourself can no longer gain access to in most cases),  are for sale to stakeholders, investors and interested party’s.  Insurance companies are particularly interested.

As we stated in an earlier article, when Obamacare is implemented it will establish a health score to be applied to your records and updated with each doctor visit. This score will be available to insurance companies with the accompanying medical data that will allow them to determine how much of a risk you pose to the profits they anticipate by insuring you under a hedge fund.

You will be rated as to how much of a risk you represent to the system.  This score is being used to determine what and how much healthcare you are eligible to receive.  As the bill clearly states, panels will determine what risk you pose to the system and weigh that against the odds you can recover, and if you do, what would be the value of your future contributions to society?  Odds not good?  Off to the dead pool you go!

Enter the insurance companies.  More

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