MSE News: Buy-to-let borrowers hit by West Brom mortgage hike

rate_hike

Lewis_Ranieri wrote: »

rate hike I have the same B/W AKA BOI Docs with POA in black and white. Are you reading the Offer of Advance or T and C's?

T/C on main mortgage & on both further advances no sign on either mortgages taken out in 2003 & 2004

Lewis_Ranieri

Before we start - notice all references to the gentleman in charge at 118 have been moderated - all evidence of his behaviour deleted.

Ans in Italics Dean


However, you say Forums act as a hoover , charging fees and leading to false hope.


Some do, dome don't, 118 does, they are being paid handsome expenses. Not to join, but in expenses.


I have not paid any fees to join the forum. The only fees I have paid are into a secure account for the legal fees of our barrister and WB fees should that be required. I do not have false hope. We have not been given any guarantees . This is not false hope. It is our only hope as no one else we have approached as given us any real assistance.


I admire anyone with the fortitude to stand up against a Bank. Some appear to be standing against Banks, but the truth behind the scenes is very different if you know where to look. Barristers and Solicitors cannot do anything that is not in the Public Interest. Who is the Public? Check. I think you will find that it certainly is not people. More so Bank.




You keep mentioning POA. This however appears to me to contradict you.


How?


Why is POA so important?


POWER OF ATTORNEY is a Legal Term many of us associate with taking on board when relatives, friends or loved ones are no longer able to make their own decisions or conduct their own financial affairs in the latter stages of life. When we have POA it comes with a position of Trust and responsibility to the livelihood and security of the donor of the POA. We would all expect the person having the POA to act in our best interests. The POA is not a position granted lightly.

Having this knowledge in mind, you would consider the donation of a POA in relation to your own financial affairs to a total stranger would border on insanity. Would any of you do it? I guess the answer is no.

Well, if you have a Mortgage, whether it be a Residential, BTL or Commercial product, this is exactly what you have donated to the Bank. The POA is contained within the T & C's of your Mortgage in all but the minority of cases. It is this POA that allows the Bank to:

1. Sign financial documents in your name.
2. Sell your Mortgage documents, a process referred to as securitisation,
3. Hike interest rates.
4. Repossess the Mortgaged Property as and when it feels fit.
5. Sell the property as it sees fit and chase the Mortgagor for any shortfall.
6. If the latter happens, one of the outcomes can be a charge on your residential property or personal insolvancy.

If you knew this was possible, all through the POA, would you have signed the Mortgage Deed at your Solicitors? Would it make you stop and think?

We all seem to be complaining about Banks in one guise or another, however, 9 times out of 10 the Banks are only doing what you signed up for - to allow them to do pretty much what they feel like, and in your name via the POA.

If in doubt, check the small print in your Mortgage T & C's, you will see in many cases that you have granted the Bank "Irrevocable Power of Attorney".



If POA is the golden bullet that will win us this case , why do you think our legal advisor will not use it?


Not in the "Public" interest. He'd never get another job.


You say it is something the banks do not want us to know and that our advisor will not use . If that's the case I envisage a situation in Court where no one will bring it up. So why is it important?


As above


Surely if WB are going to use it they will bring it up in Court? But you say they do not want us to know about it. How will they use it against us then ? Perhaps I am missing something?


No Dean, it let's the cat out of the bag. Take away the POA and everything the Bank does in your NAME, Legally, would not be permitted. Selling your Mortgage Documents as a Negotiable Instrument for a start, oh and hiking interest rates as it sees fit.


You say you and your colleagues. Please tell us who you really are then, your qualifications and experience for being able to pass on this vital information. Hiding behind false names does not give you credibility. tell us about you and your colleagues.


Qualifications - experience of the fraud first hand for 5 years. I am not prepared to discuss my private affairs or prove anything, all I am doing is giving you all the information you need to ask the right questions. Do you need to know who an author is when you read a book or is the content more important?




You say you have been defrauded by around 30 financial institutions. I don't think I could name 30 . Who are these institutions ? and why have they all chosen to pick on you ? Are these the only ones you have been involved with or have you had involvement with other ones?


Any Corporation is a Financial Institution is it not?


You must be the unluckiest man in the world for 30 to pick on you . What have you done to upset them?


Bored them silly with hocus pocus about POA, really gets to them, they respond with aggression and sarcasm in the main, I jest.


Have you taken them to court over this?


Define Court?


If so what was the outcome? You seem to have a lot of knowledge of this , did you use the PoA argument when you took them to Court ?


You are not in a Court Dean unless in front of a Jury, anything less is an Administrative Hearing in front of an Administrator working for the Bank, Public. Difficult to get your head around, but if you do enough digging you will find the truth. The Banks cannot afford to let this topic go into a real Court, the Jury would hammer them every time.

Sean Fitzpatrick AIB and Goodwin RBS will be there soon enough as you can see in the press.



Why would you sack Mark Smith?


He is acting in the Public interest for a start. Check what this means with any Solicitor or Barrister that is transparent and they will tell you about the Oath they take to the Court, Bar etc.

Mark Smith and his mate who we can't mention on here have anyone who mentions the POA banned from 118 and threatened with Libel. Why is that do you think?



Do you think he is purposely trying to lose this case and if so why would he do that ? What would be in it for him to do that ?


Smith is paid either way and has left the POA out. What do you think?


Who would you use instead of him?


I'd make him do his job properly, he made his bed, make him eat, sleep and breathe in it until he does. Don't let him off the hook is option 1. Option 2, you need a Barrister with some experience who is prepared to do the job. Mary Gibbons - Bills of Exchange specialist Barrister - Stone Chambers that is what I call a serious Barrister with serious knowledge of the whole affair. You need a Lay "person" with that kind of clout or you find someone of Mary's clout. Also Brian Silk - Lloyds Action Now.

The best man for the job - Clive Zeitman - Stewart's Law - check the case vs RBS. Stewarts do not take Banks as clients.



You say you offered Mark Alexander your help? In what form and for what in return? This whole action as got to where it is by being co ordinated by Mark Alexander and facilitated by P118. Many people have given their help to Mark to get this far. I do not think I have ever seen him turn anyone away who offered to help. So why would he refuse yours ?


I offered my help through my contact base. I am working with the top experts in the UK, Ireland. Most of them were/are pioneers in exposing the Banks and Courts in the dirty tricks they pull. Many have been in this fight for 5 years, some up to 18. The POA was the first thing they spotted, it's blatant.


If all Barristers belong to the same club , then who can we turn to for help? Are you suggesting that they will all try and ensure the Bank wins ? Please tell us who we should contact if not another Barrister ?


As above. Find one that does not represent Banks.


Im sure you indicated in an earlier response that the £460000 ( not £480k I said earlier sorry) would be used in fees by our legal team. However you say now that's not the case. But you do say the Barrister is paying Mark Alexander a handsome amount of expenses. Are you aware that the group have agreed a fee with Mark Smith that they are happy with paying.


Let's just say I'm aware of more than you think :-) or Smithy and Co think.


What Mark Smith does with that money is up to him. He could put 25% of it on this weekends Grand National, use 25% for drugs and drink and spend 25% on high class hookers and then waste the rest for all we care . It is his money, no one ( other than my wife) tells me what I do with my ( our , her) money. We know what the amount is. I can not see either of them getting that rich on it.


Dean, you are obviously a very genuine chap, Barristers make their money by creating a controversy, they get paid more, it's the game. You can all expect to be paying a lot more, you wait and see.


You say he stands to make a small fortune from repetitive class actions but the banks don't mind he as missed the firing pin.


Indeed, WBMC are not flinching my sources are telling me. Why would they? I want you guys to win, hands down, nail the Bank to the wall, expose the whole truth of what they have done from start to finish as Miriam Freeman and NewEra are doing. Have the Directors on Trial, as we are seeing with AIB, soon to be RBS and without doubt Investec.

In my group there are Private Prosecutions flying in all directions against Solicitors, Bankers, Bank Staff, Bailiffs, all of whom have been complicit some way along the line. Last week two Bailiffs were charged with Burglary and Trespass in Worcs Crown Court at a Private Prosecution. How many of you Mortgagors "suffering" with LPA Receivers would like to see these people in the dock? What these people are doing is Criminal, not Civil.


If he loses because he didn't attack the PoA , how many people will join the next class action based on his track record of one nil to the banks ? I wont be joining !


Dean, it wont matter, certain people will already have lined their pockets don't you see? That is why they are so desperate to start actions against Skipton, BoI and MX before this lot has a result. Can't you readers see it? This is why any mention of POA receives the abuse from these people that it does, it exposes the missing link in their chain!


It is in his interests to win in order to make a small fortune on repetitive class actions. Losing on purposes by not taking your advice is cutting off that small fortune.

He can't get away with it in an Administrative Hearing - not allowed to, not in the Public's Interest remember? My friends have taken this right to QUEENS BENCH and the Supreme Court, as one man vs the System, the Corruption and Collusion is unable to be breached. On a rep action with many thousand Mortgagors, publicity, this is the answer as it was in South Africa, exposure, they cannot cover up the truth. This is what Mr No Name had offered to him to help set up, co-ordinating with NewEra and some of the brightest brains in the box such as Carmel Butler, look at the treatment. P118 has an incredible opportunity to deal with LPA Receivers, unlawful repossessions (34,000 last year) and rep actions to protect Mortgagors at every level, they chose not to and let the Banks off the hook.



You have the firing pin. Explain more about this firing pin and how it will work?


Ask the Bank if they have hiked the rate on the back of the donation of the POA by the Mortgagors. Simple. Then I would further expose them on what they have done with the Mortgage Notes on the back of the POA. The Bank is not a Lender, it is a Service Agent for the SPV. Banks DO NOT Lend money, you need to have that firmly in your heads, all of you. Banks Advance Credit, they do not make Loans. You create that Credit, not the Bank. Listen to the Four Horsemen and the chaps from the IMF, they explain it well on this video. Banks do not Lend Depositors funds to Borrowers. That is Fundamental Banking. That is no conspiracy theory or pseudo woo, or whatever else the ill-informed want to label the Facts, or those who seek to profit from having you think otherwise. The BOE 2014 Q1 report goes some way to finally admitting this FACT, check it.


There are a few of us who have had Court room experience. Another Barrister and a solicitor. They seem to be backing the current situation. Maybe they are in on this too? If they are one of them as paid more in than he would get as a share, so he must be very stupid?


Would say not, would put that down to a lack of understanding of Negotiable Instruments and Money Creation. They are probably just simply in the dark.


What was your Court Room experience and how did that work out? Did you use PoA ? If not . why ?


My experience is in Administrative Hearings, one is not in a Court unless in front of a Jury with a Judge under Oath. One maybe in a Hearing Room, that is not a Court. My angle presently is Subject Matter Jurisdiction, the lack of it on behalf of the Court, their Orders being Void. POA will be the next level. One step at a time.


You say Truth and decency drives you. So please , give us your really name , tell us of your experiences . What you do now and why. What you have done in the past, what employment work you have had or have.


My story is irrelevant, suffice to say my BTL portfolio was significant. Look at the Facts Dean, not at the man behind them. Trust yourself and where you feel the truth is. Research as much as you can, that is your best weapon. Grab yourself a copy of the Banking Code. Bill Turner on You Tube explains the main parts succinctly. Don't be distracted by any Freeman nonsense or the fact that his Tutorials are re New Zealand Banking, all based on the same foundation of Common and Contract Law.

I trust this has proven to be helpful.

Lewis_Ranieri

Sandstone -


Firstly and very importantly, do you think you have a Mortgage Contract or Mortgage Agreement?


No drama as they say.

Mrs_Mac_1

Lewis, I am not being facetious here, but is your real name Sean Quinn?

Lewis_Ranieri

And well said sandstone, this is about looking after Mortgagors and not childish comments, we are all on the same side here vs West Brom

Lewis_Ranieri

No More than yours is Freddie Mrs :-)


I have howeve spoken to Sean#s Barrister at length, Simeon Gilchrist, I looked at instructing him in 2011, very intelligent chap.


Sean will deal with the various Fraudsters in his own way, he has been defrauded by many in positions they should not be in.


Sean Fitzpatrick is already heading for the high jump.

rate_hike

Lewis you still haven't given the link to the said files or answered the fact that POA IS NOT in my contract you seem to avoid issues you don't like asked.
As to deleting of our posts its only the name you keep mentioning.

Lewis_Ranieri

Rate hike - forgive me for not responding to you, your comments have been insulting and defamatory, why do you think you deserve a response of help on a plate fromm me?

rate_hike

Lewis_Ranieri wrote: »

Rate hike - forgive me for not responding to you, your comments have been insulting and defamatory, why do you think you deserve a response of help on a plate fromm me?

That's just your answer for avoiding the question you have no answer too. !!

Lewis_Ranieri

Mark "Hoover" Alexander.

has been on every single forum and group drumming up business for his 4 x class actions - delivering thousands of pounds of "expenses" to his pocket which he gets regardless if the actions are successful or not, or they even get off the ground.

The best way to become a millionaire is to get £1.00 off a million people, or in Hoover's case "only £250" off 4,000 people ...