[Occupymendocino] [Fwd: co-sponsor a bill to require an Affiavit of Authenticity from banks]

[agnes at mcn.org]

---------------------------- Original Message ----------------------------
Subject: co-sponsor a bill to require an Affiavit of Authenticity from banks
From:    agnes at mcn.org
Date:    Fri, March 22, 2013 6:09 pm
To:      assemblymember.chesbro at asm.ca.gov
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The Honorable Assemblyman Wesley Chesbro;




 I am a Mendocino activist/voter and our county has
suffered economic damages due to fraudulent, securitized foreclosures
mortgages as well as other counties. Transfer fees for pages of
foreclosure documents have not been paid impacting the county
economy.Robosigning has been used by banks and notaries because the chain
of title has been lost in the securitization process, whereby packages of
mortgages have been sold over and over to investors.

I admired the action of S.F. County Assessor, Phil Ting who is now an
Assemblyman, in a Chronicle article on the audit of foreclosures documents
in his land title records and the discovery of mistakes,errors amounting
to fraud in 80% of  four hundred documents.
I admired his courage to fight for the people of San Francisco County as
their Assessor. San Franciscans are not the only ones who feel the state
needs  leadership in fighting foreclosures and fraud used by the banks as
a business model.

 I am connected with other activists statewide and am urging you to
initiate a bill that would require Affidavits of Authenticity be sent to
foreclosing entities of securitized loans just as the legislature in the
state of Nevada did. In the first month of that state's legislation
foreclosures dropped by 75%.
We need this kind of legislation in California.I urge you to support Phil
Ting and co-sponsor this legislation to require an Affidavit of
Authenticity from foreclosing entities or tell me why this can't be done.
The Home Owners Bill of Rights is not enough for people who can't afford
legal costs to enforce the HOBOR laws.

Sincerely,
Agnes Woolsey of OccupyMendocino.org