Bits Bucket for February 6, 2011

“I’m not a deadbeat or a scumbag,” Blackley said. “I tried to do the right thing.”

I would just like to take the hundreds of thousands of $$$$ I stole and move on with my life.

Lenders compound court errors

By Christine Stapleton and Kimberly Miller
Palm Beach Post Staff Writer

Posted: 8:18 p.m. Saturday, Feb. 5, 2011

Scores of Palm Beach County homes were foreclosed on with faulty paperwork that banks are now trying to sidestep with a legal maneuver experts say doesn’t even exist.

Defeated by an interest-only home equity loan, and frustrated with failed attempts at a loan modification and a short sale, Patrick Blackley gave up on the Loxahatchee home he built in 1999 for his wife and two sons.

It was sold at auction Nov. 8.

But Blackley’s May foreclosure judgment for $370,000 was based on a court affidavit signed by Stephan, the robo-signer. The Florida Default Law Group filed a motion to ratify the judgment on Oct. 12, including a new affidavit signed by another GMAC employee. The motion was never ruled on.

Blackley, 48, isn’t interested in challenging the foreclosure. He’s moved his family to Florida’s west coast and is rebuilding his life.

Still, he now feels deceived by a banking system that cut corners to take away his home and a court system he felt lost in and confused by.

“I’m not a deadbeat or a scumbag,” Blackley said. “I tried to do the right thing.”

Three bidders jockeyed for Blackley’s 3,000-square-foot home during the county’s online auction. The winning bid, cast by Wells Fargo Bank, was for $132,100.

http://www.palmbeachpost.com/money/lenders-compound-court-errors-1235736.html - -

Type: MTG
Date/Time: 6/10/1999 04:06:16
CFN: 19990237990
Book Type: O
Book/Page: 11164/599
Pages: 8
Consideration: $145,900.00
Party 1: BLACKLEY PATRICK T & LAURA A
BLACKLEY LAURA A (M)
Party 2: COMMUNITY SAV
Legal: ACREAGE 14 42 40 POR ACRE

Type: MTG
Date/Time: 5/29/2001 08:17:06
CFN: 20010221888
Book Type: O
Book/Page: 12589/955
Pages: 4
Consideration: $82,045.00
Party 1: BLACKLEY PATRICK T & LAURA A
BLACKLEY LAURA A (M)
Party 2: FIRST UN NAT BK
Legal: ACREAGE 14 42 40 POR ACRE

Type: MTG
Date/Time: 5/22/2002 09:32:09
CFN: 20020259115
Book Type: O
Book/Page: 13728/1155
Pages: 6
Consideration: $98,000.00
Party 1: BLACKLEY PATRICK T
BLACKLEY LAURA A
Party 2: FIRST UNION NATIONAL BANK
Legal: 14 42 40 POR ACRE

Type: MTG
Date/Time: 10/18/2002 15:28:08
CFN: 20020551769
Book Type: O
Book/Page: 14288/515
Pages: 21
Consideration: $189,800.00
Party 1: BLACKLEY PATRICK T
BLACKLEY LAURA A
Party 2: VIRTUALBANK
Legal:

Type: MTG
Date/Time: 2/26/2004 15:16:57
CFN: 20040105197
Book Type: O
Book/Page: 16594/1248
Pages: 23
Consideration: $238,000.00
Party 1: BLACKLEY PATRICK T
BLACKLEY LAURA A
Party 2: IMPAC FUNDING CORP
IMPAC LENDING GROUP
Legal: 14 42 40 POR ACRE

Type: MTG
Date/Time: 3/16/2005 15:46:06
CFN: 20050151656
Book Type: O
Book/Page: 18271/366
Pages: 16
Consideration: $307,500.00
Party 1: BLACKLEY PATRICK T
BLACKLEY LAURA A
Party 2: MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC
DECISION ONE MORTGAGE COMPANY LLC
Legal: 14 42 40 POR ACRE

Type: MTG
Date/Time: 3/30/2006 14:30:33
CFN: 20060187697
Book Type: O
Book/Page: 20128/557
Pages: 7
Consideration: $140,000.00
Party 1: BLACKLEY PATRICK T
BLACKLEY LAURA A
Party 2: CITIBANK FEDERAL SAVINGS BANK
Legal: 04 42 40 POR ACRE

Type: JUD
Date/Time: 8/12/2010 18:13:20
CFN: 20100298967
Book Type: O
Book/Page: 24007/236
Pages: 6
Consideration: $0.00
Party 1: WELLS FARGO BANK NA TRUSTEE
Party 2: BLACKLEY PATRICK T
BLACKLEY LAURA A
CITIBANK FEDERAL SAVINGS BANK
Legal: 14 42 40 POR ACRE

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