the parties are creating the illusion that they are essentially entering into an agreement to purchase paper from the seller where there is no original paperwork and no indication that the purchase ever actually took place.
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Bill Paatalo, a private investigator who has concentrated his efforts on the fraud committed by banks for the past 15 years, has alerted me to a factor that ties in closely with my article yesterday on evidence. He gives a link for an example of an agreement that is designed to pull the wool over the eyes of judges, lawyers and their clients.
Note that the agreement says it is a “Correspondent” Purchase and Sale Agreement. No such thing exists…
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