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Sunday
Jul172011

HA! HA! HA! - Tucson Mayoral Candidate Takes Ownership Of Hundreds Of Foreclosed Homes, Changes Locks, Kicks Out Real-Estate Agents And Posts "Do Not Trespass" Signs

This is a bizarre, feel-good story of the banks, and Fannie and Freddie, getting a taste of their own medicine.  Wait until you read these details.  Foreclosure anarchy has arrived.

Read the original piece here from an Arizona newspaper...

--

Cross-posted from 4closurefraud

Some excerpts from the report…

A Tucson mayoral candidate from a fringe political party has seized dozens of foreclosed homes in metro Phoenix, changing the locks, kicking out real-estate agents and posting “Do Not Trespass” signs.

Marshall Home, who claims many foreclosures are illegal, has filed documents in the past two weeks with the Maricopa County Recorder’s Office showing he has supposedly taken ownership of at least 21 homes belonging to government-owned mortgage giant Fannie Mae. But none of the documents shows any money has changed hands, and Fannie Mae says it has not sold the houses.

Why would he do such a thing?

“Lenders are gangsters, and they can’t prove they own these homes. So they have no right to foreclose,” said the 80-year-old self-professed billionaire from his real-estate and political office in Tucson on Tuesday. “I plan to continue to take homes from Fannie Mae and Freddie Mac. I would buy them, but those groups can’t produce the notes showing they are the rightful owners to sell or foreclose on them.”

I think I like this guys style…

Actually, he isn’t doing anything different than Fannie’s and Freddie’s Foreclosure Mills do…

“He knows how to file a real-estate document that looks legitimate,” Ruff said, “even if it may not be.”

So how does hew do it?

Last week, Phoenix HomeSmart real-estate agents Brett Barry and Roland Cleveland got a call from their brokerage telling them Independent Rights Political Party Trust had sent a letter saying it “acquired all rights” to the house at 6032 E. Skinner Drive in Cave Creek. The agents were hired by Fannie Mae to maintain and market the property and had heard nothing about a sale of the home.

The notice told the real-estate agents they had 72 hours to remove their signs and lockboxes, so they rushed to the house wondering what was happening and why hadn’t they been informed. But they were too late. Home’s group had taken their lockboxes, installed new locks and posted signs saying the house was under video surveillance and any trespassers would be “dealt with to the fullest extent of the law.”

A special-warranty deed, stamped by the Maricopa County Recorder’s Office, also was posted on the window of the home. The deed said the Federal National Mortgage Association, Fannie Mae, had conveyed the property to the Independent Rights Party. It was signed by Home and his notary, but there were no signatures from Fannie Mae on it.

Ah, so he is assigning the properties to himself. Just like the servicers do…

So, what did the Realtors think?

“We called the people who hired us and work with Fannie Mae, and they didn’t know anything about a sale,” he said. “It appeared right away the document was fraudulent.”

It’s crazy,” he said. “How does someone just declare they own a home without paying for it or obtaining a clear title?

So how does he get away wit it you ask?

All types of documents can be filed with the Recorder’s Office as long as they are notarized. Not all documents are scrutinized before the county agency accepts them because that’s not its job.

Home said his group also has claimed control over foreclosure houses in Tucson and other parts of the country, including Florida and Las Vegas.

Home said he took control of a 145-unit condominium project for a man in Florida.

So what does Marshall Home have to say about all this?

“We’ve seized hundreds of homes from Fannie Mae and Freddie Mac,” Home said. “Those groups have no legal right to them.”

“I haven’t been contacted by either entity nor has either one done anything to stop me,” Home said. “I look forward to a call from one of them so I can explain why I am legally in the right to take over taxpayer-owned homes.”

You can check out the article in its entirety here…

Awesome!

And the dude is 80 years old!

 

 

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Reader Comments (9)

Lock the asshole up, with the Rating Agencies and the President that signed this law to legalize gambling on the world's economy. Fitch, Standard's & Poors and Moodys all should be shut down along with Goldman Sachs. Then I would arrest Allen Greenspan and the scumbags that worked in the Federal Reserve, the United States Treasury, the jerkoffs that wrote this legislation and all other miscreants. Then go on to the assholes that blew up the Pentagon, that is right Mr. Cheney and boys. Arrest Bush's all the ones going back the Father, the brother Jeb for fraud in Colorado when he stole all that money from the bank that went under. One of the first Scumbags that cause this mess is now the Governor of New York Cuomo the Homo.
Never mind just a dream I had last night after I saw idioacracy because I now know the entire nation are a bunch of imbeciles. Especially the one with the ipads, ipods, they are Chinese slave lovers.
Jun 26, 2011 at 3:42 PM | Unregistered Commenternegrodamus
it was neil bush with the s&l fraud in colorado...

and the asshole you speak of in your first line, marshall home, the 80 year old man...he is fighting the banks not helping them...he has seized properties that fannie and freddie claimed were theirs...he is doing it to fight foreclosure...not help it...
Jun 26, 2011 at 3:53 PM | Registered CommenterDailyBail
...he is doing it to fight foreclosure...not help it...

Chalk up one good guy for our side DB..... Dont mess with us Old Guys. We've learned a lot in 60-80 years, got nothing to lose anymore. If they lock him up, they have to soport him and he knows it.

We need more Goood-Ol-Boys, like him.
Jun 26, 2011 at 7:35 PM | Unregistered CommenterTexas Dar
Tucson isn't in Maricopa county. It's in PIMA county.

-AZ native
Jun 26, 2011 at 8:23 PM | Unregistered CommenterZonie
He says there is no response from anyone. Well he will have ownership through implied acquiesence if no other way. Plus an unrebutted affidavit is the truth at law.
Jun 26, 2011 at 11:15 PM | Unregistered Commenterjack
Jack...It's a strange area of the law...i have read of others trying the same thing in florida and being arrested for it...though marshall home said he took control of a 145 unit building in florida doing the same as he did in arizona...i would imagine we will be hearing more about this in the future...
Jun 26, 2011 at 11:47 PM | Registered CommenterDailyBail
Incredibly funny, that bitter pill looks like a banker suppository...
Jun 27, 2011 at 1:33 PM | Unregistered CommenterS. Gompers
Yeah, i can't imagine them removing all the locks in the doors.
Oct 20, 2011 at 8:49 PM | Unregistered Commenterestate agents leytonstone
Nice post and Thanks for this useful information..
Sep 22, 2013 at 10:44 AM | Unregistered CommenterCash Flow Properties Tucson

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