I have realize countless current email address exchanges with the FDIC, along with formal demands made for eg pointers using This new Freedom of data Act (FOIA Demands). Brand new responses coming back regarding some ombudsmen and you may customer support personnel consistently suggest that all asks for for example advice should be provided for Chase. Its an unclear and you will secondary technique for saying this new FDIC has nothing.
The attached public filing is an FDIC subpoena response that is now a public record in the matter: Wayne Barber, George Light compared to. Come across Collection Upkeep, Inc. Regarding Superior Legal of Riverside County, California Instance count PSC 1802458. (See partial filed response: FDIC Subpoena Response parial filed document White v SPS). This response confirms the FDIC has nothing, and it is my opinion that this response is universal for all WaMu loans.
PLEASE PRODUCE ANY and ALL DOCUMENTS one to proof You acquired ownership of Topic Mortgage when Washington Mutual Bank, Henderson, Nevada failed.
Pick & Expectation Agreement between your FDIC-Roentgen and you will JPMorgan Pursue Financial, Letter
PLEASE PRODUCE ANY and ALL DOCUMENTS that facts control off Certain Subject Financing is sold included in specific possessions acquired by JPMorgan Chase Bank, N.A. on .
PLEASE PRODUCE ANY and ALL DOCUMENTS you to definitely facts maintenance legal rights to the Specific Subject Loan try offered within certain possessions acquired by JPMorgan Chase Bank, N.A. on .
PLEASE PRODUCE ANY and ALL DOCUMENTS one research the topic Loan checked on financial record(s) Arizona Mutual Lender, HENDERSON, Vegas between .
Delight Produce the direction because centered on your part concerning when and exactly how JPMorgan Pursue Bank, N.A beneficial. you certainly will, by the electricity regarding attorneys, import any control demand for the niche Loan, Topic Notice, otherwise Topic Deed Regarding Trust.
Someone reach out to myself on the daily basis stating anger having the fresh new FDIC and its own stonewalling of information and you can paperwork regarding your marketing of their Laundry Common Lender mortgage loans so you’re able to JPMorgan Chase
Delight Create the power regarding attorneys given by you so you can JPMorgan Chase Financial, N.An excellent. specific towards the Topic Mortgage, Subject Notice otherwise Subject Action Of Trust.
The new FDIC’s Litigation I . t Tool told so it work environment he has got done searching the new databases available for this Receivership and then have known zero info that are attentive to their consult.
It’s now indicated that new FDIC can also be browse its very own database with their Lawsuits Information technology Unit without the need to pawn the newest requests over to Pursue. This is what one database research screenshot looks like:
Despite this subpoena impulse, brand new FDIC continues to safety-up and stonewall those seeking this information. We have found a recently available illustration of a keen FDIC FOIA effect dated in which this type of screenshot try asked:
The FDIC has provided you with a copy of all the agency records responsive to your request in reference to your loan. The FDIC does not have any record of the date of sale of your loan prior to ; therefore, please direct any further questions or records requests to JPMorgan Chase as the Custodian of Records. Per Section 6.3 of the Purchase and Assumption Agreement, JPMorgan Chase agreed to preserve and maintain all records in its custody and to respond to subpoenas, discovery requests, and other similar official inquiries with respect to the records from which it has child custody.
For every single the purchase and you can Presumption Arrangement, new Recipient (FDIC) produced the latest info around Financing and guarantee records, credit data and other data files to JPMorgan Pursue. Which provided deeds, mortgage loans, abstracts, surveys, or any other tool or suggestions around a house otherwise genuine home mortgages.
JPMorgan Pursue keeps a working Restricted Strength off Attorneys about FDIC in fact it is registered to act toward their part from the assignments and you will mortgage lien releases started and you can owned by WAMU.
A. The agreement does call for us to get a list of the loans. I consented that we would not make them. There were tens of hundreds of thousands quick cash loans in Oxoboxo River of loans. We had no way of actually getting and – we usually – every other bank, we will get a download of all the loans. They number in the thousands. Here, they were numbering in the millions, I believe, tens of millions, and we simply did not have capacity to down load you to advice, store it someplace where we can get it. So we agreed with JPMorgan that we would not take a download. If we needed the information, we would just get it from them.
New subpoena effect above been successful into the opening the doorway having Plaintiff to amend their grievance based upon this new advice and you will evidence, together with judge have provided the new demand.
Both the subpoena effect together with testimony off Robert Schoppe confirm your FDIC has no evidence of offering people specific WaMu loan so you can Pursue.
