In Reading, Pennsylvania of Berks County, after Fannie Mae became the successful bidder on a Sovereign Bank invested mortgage, and with only a successful bidders receipt on file, Fannie Mae by its local real estate BPO agent allegedly provided documents to a homeowner whose house was foreclosed which papers represented that Fannie Mae was the owner of the home before Fannie Mae ever received a recorded Sheriff's Deed and sought to get the foreclosed homeowner to vacate for $500.00
A successful bidder at an auction sale, including a holder of a mortgage is not a Fee Simple owner of the foreclosed property and cannot allege to be the owner until it has been delivered with a recorded copy of the Referee or Sheriff Deed. As a result, Fannie Mae allegedly committed an act of Fraud, Misrepresentation, Harassment and attempted Theft By Deception which are Crimes. Fannie Mae assigned an REO (Real Estate Owned) inventory number to the foreclosed property even before Fannie Mae was delivered a Referee or Sheriff Deed which allowed Fannie Mae to purport to its own real estate inventory that it had already obtained legal title to the foreclosed premises, which constitutes a fraudulent entry on its REO asset portfolio records.
After a foreclosure auction a foreclosed homeowner could find grounds to delay, forestall or by court order denie in its entirety the delivery of the auction sale deed to the successful bidder, even if the successful bidder is the owner or assignee owner of a mortgage. Perhaps the foreclosured owner secured sufficient moneys to satisfy the Plaintiff post auction sale and by court order the sale could be vacated and title could restore back to the foreclosed homeowner. It is for this reason that noone can allege ownership to a property and seek to enforce any rights which an fee simple owner would have until the Referee or Sheriff Deed is recorded and a copy is delivered to the successful bidder.
Any act of the successful bidder to purport to be the Fee Simple Title owner before being in possession of a valid and legal recorded deed in Fraud. And upon presenting any documents to the occupants or foreclosured homeowner, which documents purport to represent that the successful bidder is in fact the owner constitutes alleged Fraud, Misrepresentation, Harassment and attempted Theft by Deception to induce the occupant to surrender possession to a non-title owner.
The foreclosed homeowner plans to write to all homeowners whose names were advertised to have their home auctioned to see if Fannie Mae engages a pattern of this alleged Fraudulent representation that it is an owner before it has been delivered a legal and valid recorded auction deed.
The foreclosed homeowner as a result gave notice to Fannie Mae, its eviction attorney, REO Dept, Real Estate BPO agent that the homeowner reserves the right, without prejudice to commence an action in Federal Court to file a complaint of alleged fraud, misrepresentation, harassment and alleged attempted theft by deception and seek monetary damages upon its complaint.
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