This
is not about U.S. marshals and conventional foreclosure mills – as it is the
subject matter for controversy for claims brought by United States financial
agents. I opine as an expert that the Financial Agency Agreement’s (FAA) were entered into as of December
22, 2009 (Effective Date), by and between the U.S. Department of the Treasury
(Treasury), and designated “Agents” LLC (Financial Agent). The purpose is to implement
the Emergency Economic Stabilization Act of 2008 (Act), the Treasury may designate
Financial Institutions as financial agents of the United States to provide all
such reasonable duties related to the Act as may be required.
I believe these
financial agency agreements appear as asset management services for mortgages converted into bonds collateralized from equity
securities, debt obligations, and warrants.
United
States financial agents working with the color of badge and authority under financial
agency agreements for asset recovery management services and systems for (1) equity
securities, (2) debt obligations, and (3) warrants. From a GAAP accounting perspective, the mortgage was materially altered into an alternate form of valuable
consideration made marketable by rating agencies certification for purposes of
a private placement registration.
Now,
upon the securities having been charged off allowing bond holders preferences the
US Treasury has authorized the appointed Financial Agents to pursue (Aka manage)
these balance sheet write downs that are in part being restored as qualified assets,
acquired under the Emergency Economic Stabilization Act of 2008 (Act), in accounts
established by the Treasury (Account). These accounts are being maintained under
a nominee MersCorp through the Treasury department as a Custodian.
The
Financial Agent will act as an asset manager with respect to the Accounts pursuant
to the offset mortgage “so called” linked accounts as established by the Treasury
(Account). These
accounts are being maintained under an alleged nominee MersCorp by the U.S. Treasury
having determined that it is in the interests of the United States to designate
financial agents to provide asset management services for this portfolio of
securities and obligations.
All
assets asserted in claims are managed by the Financial Agent for the Treasury are
pursued free from any security interests, liens, or encumbrances exercised by
any third party against such assets, and the Treasury will not grant a security
interest, lien, or encumbrance on any such assets for the benefit of any third
party unless it notifies the Financial Agent.
Pursuant
to the Act, the Treasury established this home reclamation program under which
the Treasury is seeking the return of charged off derivatives to receive back senior
preferred shares, senior debt, and other equity securities and debt
obligations, in addition to warrants for common stock or debt in lieu of
warrants, from public and private Financial Institutions, that somehow stand in
for mortgages.
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