By Daniel Edstrom
The following are excerpts from testimony submitted by the Honorable New York Supreme Court Justice F. Dana Winslow. Submitted as an attachment is my Securitization Reverse Engineering diagram of my families loan / securitization. It is now part of the Congressional Record.
F. DANA WINSLOW
NYS SUPREME COURT JUSTICE
Before the House of Representatives
DECEMBER 2, 2010
ON
CAUSES AND EFFECTS OF THE
FORECLOSURE
CRISIS
HOUSE OF REPRESENTATIVES COMMITTEE ON THE JUDICIARY
FORECLOSED JUSTICE:
CAUSES AND EFFECTS OF THE FORECLOSURE CRISIS
Hon. F. Dana Winslow
December 2, 2010
Excerpts:
Difficulty arises in multiple unrecorded transfers of the legal
ownership of the Mortgage (with or without the transfer of the Note)
and with tracing and proving the chain of title. I refer the Committee
to the attached diagram [Attachment “A”] obtained on the internet,
which I believe to be both a nonsensical and accurate depiction of the
problems concerning mortgagee chain of title.
Great article