Sunday, November 25, 2012

Financial Agency Agreement’s (FAA) entered into as of December 2009


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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