SPPL Liquidation
Opinion courtesy of a long standing scourge of the scum
SPPL were flushed down the pan a long time ago, but of course, they went crazy on their repossession blitz whilst they could hold out on their ‘beneficial equitable’ ruse. They’ve been busy grabbing cash by liquidating people’s homes. Of course, the SPV’s have been receiving the cash, but I think that it has become untenable for them to continue the pretence that they are not the legal owners (as they always have been), not because of the consumers who are losing their homes, but because the Lehman’s creditors were probably beginning to claim the cash/legal title as belonging to them!
The SPV (read investment banks), don’t want their RMBS investors getting the cash (i.e. through the Trustee (who is always another investment bank type entity) . Hence, the RMBS investors (also read as other investment bank as Trustee), want to ensure their claim on the cash (raised from liquidating consumers homes). It’s a clash of the titans now – between the investment bank i.e, the IB behind the SPV and the IB behind the Trustee. Nothing to do with honouring the rule of law, just a grab for the cash. It’s so full of shite this BS. Ordinary joe bloggs gets robbed which ever way you look at it.
This development of having their legal title “perfected” (rather than transferred) has more to do with PwC and the insolvency/bankruptcy issues than with anything to do with the rule of law and consumers. As I’ve always said, the SPV’s legal title was “attached” immediately that SPPL signed the mortgage sale agreement – but the SPV never “pefected” its legal title, as it is required to do by law, by registering at the LR. The current load of registrations at the LR is merely the “perfection” of their legal title rather than the “transfer” of their legal title. You see, if the SPV did not have a legal title attached when they gave the Trustee a Form 395 mortgage at Companies House, then the Trustee’s mortgage (which is registered at CH) would be fraud! So, if they want to pretend that the SPV only had an equitable title when they created a LEGAL charge at Companies House, then that legal charge is a fraud and unlawful. So you see, how they have it both ways. The SPV has always had the legal title – they just didn’t comply with s.27 and committeed a criminal offence under s.123 when they “did not intend” to register – and the reason for their pretence that they were not the legal owner was to shaft the consumer and to avoid the regulator and avoid taxes such as withholding tax, income tax and corporate tax.
As for the regulator – well the FSA are so discredited now – everyone knows they are ineffective which is why they are being disbanded. So what if the SPV becomes authorised. The FSA will authorise anyone that has an abundance of wealth and power. FSA are just the lacky of the banks – the FSA will do what they’re told to do by the banks. Anything else the FSA do (such as a little slap on the wrist for GMAC, Kensington etc., is just for PR purposes to try to make the consusmer believe they are a “credible deterrent”.
119 Comments for “SPPL Liquidation”
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..THINK ABOUT IT!!! PEEPS,
there were NO directors between 15thOct09 and 6thApril 2010. so who the feck instructed Lightfoots,RoslingKing, Optima Legal etc., to conduct legal action against YOU?!
IT COULD NOT BE DONE, THE INSTRUCTION CAME FROM THE SPVs, THROUGH CAPSTONE. YOU, YOUR CHILDREN WERE ILLEGALLY & UNLAWFULLY DISPOSSESSED OF YOUR HOMES.
IN FACT YOU HAVE A RIGHT TO REDRESS, THROUGH A CLAIM FOR DAMAGES & COMPENSATION..call National Debtline & UKInsolvency Helpline for free legal help.
TMH
KwA
..”it is just my expression of my frustration of seeing the same old flawed arguments with regard to securitisation being posted time and time again.”- akaNp. ALSO KNOWN as ANDREW1. The Illuminati do their work well.
KwA have being tracking akaNp for sometime, he is a
jackal, who has been sent to discredit all defences for peeps, against the JAWs. The sheeple donot know of this treacherous shill, and must be warned of his ‘masonic’ vendetta against the peeps here.
1. TRUE SALE- the Mortgage Sale Agreement, proved.
2. HM LAND REGISTRY- s.27, you CANNOT contract out of the law, proved.
3. Notice s.136- choses in action v possession, proved.
4. SPPL- from Crooklyn09 accounts, will be liquidated, proved.
5. Paragon v Pender- MSA was NEVER disclosed to the Penders. the judgment was based on the ‘mortgage administration agreement’, proved.
6. BNY v Eurosail2007-3BL- on appeal, benefit NOT ‘beneficial’, proved.
7. ALL OTHER DEFENCES APPLY- unfair terms, unlawful charges etc., contrary to MCOB, UTCCRs, PROVED.
THE TRUTH IS OUT THERE. BE WARNED PEEPS, ‘your murderers come with smiles’.
J.F.G.
KwA
TVSNL
mm43
let us know of any response you get from the land registry.
can you post a link to your last posting.?
Great finally some one that understands whats really going on why are we all putting up with it, i was in court today redstone they never showed last time i was there they tortured me demanded things which the judge allowed and yet never showed today maybe it was because i took a reporter with me from local paper i have had enough of being pushed around my mum was thrown out of her home, she is disabled and the judge gave them the property are we really livng in 2011. i am begging people to come together and lets all unite in this make a noise that has to be taken notice of. i for one do not want to see another child or person suffering under pressure, pressure inflicited by low life scum.
WHATEVER ARGUMENTS THE SCEPTICS PROMOTE ABOUT LEGAL V EQUITABLE ASSIGNMENT I HAVE ALWAYS BELIEVED THAT THE WHOLE PROCESS OF LAND REGISTRATION WAS COMPLETELY SUBVERTED BY THE FRAUDULENT MISAPPLICATION AND MISUSE OF A RULE WRITTEN BEFORE THESE EVENTS IE SECURITIZATIOM WERE EVER DREAMED UP IE S136 LOP1925.
WHATS THE POINT OF LAND REGISTRATION IF THE REAL OWNER CAN HIDE BEHIND SOMEONE ELSE?
WE EVEN HAVE HALSBURYS LAWS STATING THAT THE ORIGINATOR TAKES INSTRUCTION FROM THE SPV TO SET INTEREST RATES A CLEAR CASE OF AN UNREGULATED ENTITY CONTROLLING A REGULATED AGREEMENT.
Entering into, advising on, administering and arranging regulated mortgage contracts (including arranging and advising on variations to such contracts) are regulated activities under the FSMA (together with agreeing to do any of these things). Any person carrying out a regulated activity, unless an exemption is available, must be authorised by the FSA, with specific permission required from the FSA to engage in the activity. If requirements as to authorisation and permission of lenders and brokers or as to issue and approval of financial promotions are not complied with, a regulated mortgage contract will be unenforceable against the borrower except with the approval of a court.
SO THE QUESTION IS IS THIS WHOLE ARRANGEMENT UNENFORCEABLE BECAUSE WHO AT THE END OF THE DAY IS ACTUALLY CONTROLLING THE MORTGAGE?
And I will simply add this
How unnecessary for what is almost universally said to be an equitable assignment. No registration necessary in that scenario so WHY THIS?
EXACTLY SO ITS A TRUE SALE BUT WE WILL NOT REGISTER SO WE CAN CONCEAL OUR IDENTITY USING AN ARCHAIC LAW ,CONTROL THE MORTGAGE WITHOUT THE BORROWER BEING AWARE OF US,AVOID REGULATION YET STILL SET INTEREST RATES AND AVOID NUMEROUS FEES,TAXES ETC.
HOW ANYONE CAN INTERPRET THAT AS NOT HAVING A RIGHT CONCEALED DEFIES LOGIC.
..put the word out to peeps, and ask them if they are getting notices from Crooklyn, about the SPPL substitutions this week..
TMH
on
it
..another substitution-2ndSEPT2010;
‘I received a letter yesterday advising me that my SPPL
loan had been transferred to Mortgage Funding 2008, so I rang Capstone and asked who are Mortgage Funding 2008?, whats there address?, spent ten minutes on the telephone and ended up being told that it was none of my business and they would not provide any more details.
The matter has now been reported to the OFT, surprise surprise it appears that I had every right to ask and should have been given the information..’
PEEPS, FORCE THE ISSUE WITH CROOKLYN, ON WHO THE FECK ARE ARE EUROSAIL,MORTGAGE FUNDING ETC..SiPVs.
IF YOU DON’T ASK OR COMPLAIN, THEN DON’T EXPECT ANY JUSTICE. FIGHT THE POWER!!!
TMH
KwA
WAR
TO FOLLOW ON FROM TMH
EVERYONE (EMPHASISED)WITH SPPL LOANS SHOULD ASK CAPSTONE THE FOLLOWING AND MAKE SURE YOU USE THE OFF PEAK NUMBERS
Customer Services Direct Phone & Fax: 0207 532 9527
Switchboard: 0207 532 9000
TRY AND RECORD THEM IF AT ALL POSSIBLE AS A LATER DENIAL IS CERTAIN.
1)WHETHER YOU HAVE OR HAVEN’T BEEN NOTIFIED,YOU HAVE INFORMATION THAT YOUR LOAN HAS BEEN SOLD TO SOMEONE ELSE(QUOTE THE NAME IF YOU KNOW),WHO IS IT AND WHEN DID THE SALE TAKE PLACE.WILL THE SAME CONTRACTURAL RIGHTS YOU HAD BEFORE WITH SPPL BE TRANSFERRED TO THE NEW OWNER.
2)IF YOU HAVE OR ARE ABOUT TO MAKE A CLAIM AGAINST THEM FOR UNFAIR CHARGES WILL THIS CLAIM BE TRANSFERRED TO THE NEW OWNER.
IDEALLY YOU WANT ALL THIS CONFIRMED IN WRITING SO YOU COULD MAKE TELEPHONE ATTENDANCE NOTES OF THE CONVERSATION AND TELL THEM YOU ARE DOING THIS AND WILL THEN AWAIT THEIR WRITTEN REPLY BY RETURN.
Hi Guys
Ryde I did as you requested and thought I would nick the lightbulbs in the process so you have some spare. okay!
On a more serious note I emailed my objectioon to land registry and received a letter this morning. with a copy of the registers of my regiestered title.and there have been no recent changes to the register as SPPL are still shown as the last company on the list to have a charge.They state that at this time they have noapplication at the present time to change that entry.
The letter then states if i have further concerns regarding sppl i should seek the advice of a solicitor.
It then states that for the above reasons he is not able to so anything regarding my request as he is not aware ofany changes to southern pacific and have no current applications to change the register.(So what do you make of that???) What should I do now should i email him again and make him aware of the situation and whats going on with sppl and if so what should I say. once again your help and advice would be great kindest regards mariax
MM hope you locked the doors,jackals sniffing and J.F.G. on a special mission covert ops and it was up to you to lockdown old HQ.
re:your course of action would send him a copy of the sppl notices and say transfer is imminent.Will post a link ans suitable notice later.
Its obviously too late to object once you receive and the land registry receive notification as the charges register will be altered into the new owners name .
hi Ryde
Afirmative locked down,placed bucket over door with contents unknown, possibly radioactive cow dung and trip wire strategically placed incase the jackals try to gain entry.lol!!
Referring to what you said in your last post should I then send the land registry copies of just the sppl notices.Didnt quite understand what you meant about posting a link(to what?me being thick again sorry) I thought what the guy said his letter a bit daft because like you say it would be too late to put in an objection if it already been transfered so what is this bloke on about?
I also need some advice on what I should say to to the bit in his letter where he says(” Whilst I note what you say, I am afraid i do not understand the purpose of it, or your stated objection”)
I dont know the right way to explain to him in a way that he will understand the importance of it all and what it all means to the borrowers. Can you help me with my relpy please it would be greatly appreciated. thank you Maria
..Ryde, something useful on reg/unregulated mortgages.
http://www.parliament.uk/briefingpapers/commons/lib/research/briefings/snha-04837.pdf
salute the rank,
not the Kagga. Peace
rank>J.F.G.
krew>KwA
Kagga>TMH
rank>C.S.I.(CrooklynScumInfiltrator)
krew>KwA
Kagga>Ryde
mm43 Drill sergeant Hatter(a man of many ranks) is conducting a snap inspection of old barracks any infrigements of security and he’s a stickler ,will lead instantly to Jankers and a spell in the glasshouse.So be prepared.
Have you ever seen full metal jacket,the drill sergeant character and Animal Mother were based on our very own hatter.
If its found you’ve broken kwa sixth general order.
This could be a sample of whats to come.
A recent conversation between ds hatter and a capstone employee:
ds hatter “How tall are you scumbag?”
capstone employee ” Five foot nine,whats that got to do with anything!”
ds hatter: “Five foot nine scumbag? I didn’t know they stacked shit that high! You tryin’ to squeeze an inch in on me somewhere, huh?”
As he’s often said at debrief.
God was here before the kwa Corps! So you can give your heart to Jesus, but your ass belongs to the kwa! Do you ladies understand?
WILL GIVE YOU FULL DETAILS OF WHAT TO DO AND SAY OVER WEEKEND AS THEY’RE SHUT UNTIL MONDAY.
COPY THE ABOVE DS HATTER.
INTERESTING STUFF ON DUAL REGULATION IN YOUR LINK.AS THIS WILL APPLY TO SPPL LOANS.
..OOhRAH Kagga!
TMH
KwA
corps
Errr oooooo bugger!!!mm Metal Jacket I hope I havent broken kwa sixth general order(whatevs that is??)Will go and remove bucket forthwith!! just incase Drill Sergeant Hatter whilst conducting his snap inspection of the old barracks gets it by accident!
p.s your post was soooo funny that I laughed mi bed socks off lol!
and thank you for the help over and out !!!MM43
copy that maria
Drew the fire watch,providing covering fire with night vision infra reds fitted to my uzi .
24/7 watch now for new HQ,too many shills and jackals about,they’re nocturnal you know, one slip and they’re through again.
The midnight lesson;
when you ring capstone the first words you must always use to the numpty on the other end.
“Did your parents have any children that lived?”
Puts ‘em immediately in a defensive position ripe for your attack.
sniff..sniff….
whats dat?
I smell jackals
got a full magazine locked and loaded
Seven-six-two millimeter rounds full metal jacket.
The dead know only one thing: it is better to be alive.
An Important Announcement For Capstone Mortgage Services Victims
As of today, you people are no longer maggots. Today, you are KwA. You’re part of a brotherhood part of the corps. From now on until the day you die, wherever you are, every KwA is your brother. Most of you will go to High Wycombe. Some of you will not come back. But always remember this: KwA’s die. That’s what we’re here for. But the KwA Corps lives forever. And that means YOU live forever.
mm43 SOUNDS LIKE ONE OF HATTERS ARSENAL.
THERES THIS FOR THE LAND REGISTRY:
1)SOUTHERN PACIFIC SECURITIES 05-2 PLC
(the “Issuer”)
on or about 8 August 2005
Capitalised terms used but not otherwise defined herein shall have the meanings ascribed to them in the Terms and Conditions of the Notes set out in the Trust Deed (the “Trust Deed”) dated on or about 10 August 2005 and entered into between the Issuer and Capita Trust Company Limited (the “Trustee”) and the master definitions schedule (the “Master Definitions Schedule”) dated on or about 10 August 2005 and entered into between, among others, the Issuer and the Trustee.
We refer to the notice issued by the Issuer to the holders of the Notes (the “Noteholders”) dated 15 December 2009 (the “Notice”).
Further to the Notice, the Issuer would like to inform Noteholders that Barclays Bank PLC, as the Account Bank, required that certain amendments were made to the Bank Agreement as a condition to the Account Bank agreeing to transfer the Collection Account held in the name of Southern Pacific Personal Loans Limited (“SPPL”) into the name of the Issuer. The Account Bank required that the amendments were made to accurately reflect the operational arrangements being undertaken by the Account Bank and the Cash/Bond Administrator in relation to the Collection Account and to include the Account Bank’s standard terms (including the indemnification provisions in favour of the Account Bank) for the provision of direct debit sponsorship services provided in relation to the Collection Account.
The amendments to the Bank Agreement were made pursuant to an accession, amendment and interface deed (the “Deed”). The Deed was entered into by the Issuer on 28 June 2010. Copies of the Deed in physical form may be inspected during normal business hours on any day (excluding Saturdays, Sundays and public holidays) at the offices of the Issuer.
Further to the execution of the Deed, and the execution of further documentation as was requested by the Account Bank, the Collection Account is in the process of being transferred into the name of the Issuer. The Account Bank requires that legal title to the Mortgages originated by SPPL (the “SPPL Mortgages”) are also transferred into the name of the Issuer before customer payments made by direct debit in relation to such SPPL Mortgages can be received into the Collection Account. As a result, legal title to the SPPL Mortgages will also be transferred into the name of the Issuer.
The Issuer is currently overseeing the transfer of the Collection Account and legal title to the SPPL Mortgages to the Issuer with the Cash/Bond Administrator, Mortgage Administrator and Account Bank. Due to the large number of SPPL Mortgages, the Mortgage and Collection Account transfer process will take some time but it is anticipated that legal title to approximately 90 per cent. of the SPPL Mortgages will be transferred into the name of the Issuer by the end of August 2010. Legal title to the remaining 10 per cent. of the SPPL Mortgages (which are non-conforming or include features that mean it will take longer for them to be transferred) are expected to be transferred during the course of September and October 2010.
Queries may be addressed to the Issuer as follows:
Southern Pacific Securities 05-2 PLC
which is evidence of the transfer from sppl to the issuer.#
2)then this:
1)CONTACT THE LAND REGISTRY YOU CAN DO THIS ONLINE https://www.landregistry.gov.uk/wps/…roperty_Search
SIMPLY TYPE IN YOUR POSTCODE AND HOUSE AND PROPERTY SHOULD COME UP,YOU CAN ALSO SEARCH THE REGISTER OF TITLES TO SEE WHAT CHARGES ARE ON YOUR PROPERTY AND WHO OWNS THEM,COST £4
2)IF THE CHARGE IS REGISTERED STILL IN THE NAME OF SPPL.
TAKE IMMEDIATELY THE FOLLOWING ACTION.
3)RING THE LAND REGISTRY WHERE YOUR PROPERTY IS REGISTERED,EMAIL OR FAX THEM.
STATE THAT THE CHARGE REGISTERED IN THE NAME OF SPPL IS BEING TRANSFERRED TO ANOTHER ENTITY AND YOU WISH TO OBJECT TO THE TRANSFER OF THE CHARGE UNDER section 73 of the Land Registration Act 2002 and rule 19 of the Land Registration Rules 2003.
SEE THIS LINK FOR INFORMATION.
http://docs.google.com/viewer?a=v&q=…2hnlTb1inUNpsw THIS GIVES YOU THE EMAIL ADDRESS OF YOUR LOCAL LAND REGISTRY.
4)THE GROUNDS FOR YOUR OBJECTION ARE THAT YOU HAVE A MONETARY CLAIM AGAINST SPPL AND YOU ARE OF THE BELIEF THAT THEY HAVE SOLD YOUR LOAN TO DIVEST THEMSELVES OF THEIR LIABILITIES TO YOU,YOU THEREFORE OBJECT TO THE TRANSFER UNTIL THIS DISPUTE HAS BEEN RESOLVED.
THERE IS A DANGER THAT SPPL WILL BE DISSOLVED LEAVING ALL CLAIMS AND LIABILITIES BEHIND THEM,THEY WERE AND ARE WHOLLY OWNED SUBSIDIARIES OF THE FAILED AMERICAN BANK LEHMAN BROTHERS WHO FILED FOR BANKRUPTCY IN SEPTEMBER 2008 AND IT APPEARS LIKELY THEY ARE SELLING ASSETS AND LEAVING CLAIMS UNSETTLED BEFORE DOING THE SAME.
3)THEN THE FORMAL COMPLAINT AM OMMITING PART 2 AS SPPL ARE NOT FSA REGULATED AS THEY ARE SECOND CHARGEES.
The Chief Land Registrar Your name and address
including postcode
Your local office where your property is registered and title number of property if known or postcode
Dear Sir/Madam,
Pursuant to: Statutory Instrument 2003 No. 1417 *The Land Registration Rules 2003* s19, and to s.73 (Objections) of the Land Registry Act 2002.
I/We are the registered proprietors of the above property I/We wish to make an objection to the transfer of the Charge registered against this property
in favour of Southern Pacific Personal Loans (SPPL) dated……………….. (whenever the charge was listed as Appearing on the register)
The grounds for this objection are as follows:
1) We have an ongoing monetary claim against SPPL through the Financial Ombudsmanautolinker.com autolinking image Service concerning the loan on our property which their Charge secures. It is our belief that as wholly owned subsidiaries of the failed
and bankrupt American Investment Bank Lehman Brothers who are subject to global lawsuits from their many creditors their intention is apparently a fraudulent disposal of assets of which the Charge registered on our property securing a mortgage is such. After accomplishment of these transfers they will then in all likelihood be dissolved or disappear leaving their many creditors without any recourse.These activities could amount to fraud and money laundering on a vast scale as this is one of many proposed transfers.
We have no contractual agreement with the entities to whom they have sold the loan.We have never signed any agreement with them our only agreement was with SPPL.
If you don’t understand anything post up your query.
sorry about format
I SPACED IT ALL OUT BUT IT DEFAULTS TO THE ABOVE.
Hi Ryde
Thats great I will do that now.THANK YOU! Cant understand why the guy at the land registry was acting so thick. even I can understand it!! lol!!
just thought i would mention was trawling the internet in the wee hours this morning and came across a site about
The (AT RISK FUNDS OF THE LEHMAN BROTHERS)I had to laugh at HOW IRONIC the name of the plans ARE like this one:-
(The Defined returns limited KICK OUT performance plan)
(STEPPED KICK OUT PLAN 5).
THOUGHT YOU MAY WANT TO KNOW THIS INFO IF YOU DONT ALREADY BUT JUST THOUGHT IT MAY BE USEFUL TO SOMEONE.
THESE ARE THE COMPANIES WHO SUPPLIED THE ABOVE PLANS TO THE INVESTORS.- (NEW DIRECTION FINANCE)
(DEFINED RETURNS LTD)(ARC CAPITAL AND INCOME) (NDF ADMINISTRATION) THEY ALL DEALT OR STILL DEAL IN INVESTMENTS OF STRUCTURED PRODUCTS.IF THAT MAKES ANY SENSE TO YOU !! I AM LEARNING THOUGH LOL REGARDS MARIA X
Hi ryde
Sorri doing that thick thing again probs because i have been looking at this damn screen for too long.I am going to find the letter from the land registry i recieved on the 2nd of september. Since then I have emailed them again just now and put in all the info you gave me in your last post. When I looked at the copy of the entry AGAIN on the registry where it states (charges register) It says this register contains any charges and other matters that affect the land. Under that heading there is SPPL listed as of the 14.09.2006 (Proprietor SOUTHERN PACIFIC PERSONAL LOANS LIMITED )(CO.REGN. NO.******** ) of DEEDS ADMIN TEAM, ST JOHNS PLACE EASTON STREET HIGH WYCOMBE BUCKS HP11 1NL AND OF DeedsAdmin@capstonemortgageservices.co.uk.
I was not a happy bunny at this point so I told the landregistrar to get that filthy name removed at once as i had not signed anything with them either and they have no legal right or charge over my house. and if I havent signed an agreement with them they should not be on the register as having any interest. I said my contract/ agreement was with SPPl and nowhere in my contract does it mention capstone mortgage services. so please kindly remove that scumshits name before I loose my temper, please do so at your earliest convenience but if posible get it removed now. lol (I didnt really put all that but very close LOL)!!
AND REFERRIONG TO YOUR REQUEST IN YOUR POST
Just to clarify you want me to post a link to the site where I got the information FROM IN MY PREVIOUS POST IS THAT RIGHT?? sori brain is fuddled. I am sure I looked for the site again last night before i put the post on because that was what i wanted to do but I couldnt find it!!
SHIT I hope I haven’t dream’t it!!!!will go look now AND POST it up when i do find it.Sori that is what you get at 2.30 in a morning, just the delusional rants from crazy woman called mad maria lol !!x
I have just re-read my post sorri for it sounding like a 2 year old has written it, think i am getting the flu or dementure one or the other or both take care Mariax
mm43 looks like it may be rubber room time again !The charge is correctly registered if you have a loan with sppl short for southern pacific personal loans limited,where does it mention capstone,no wonder the land registry was taken aback.
Are you sure youre not a capstone ex employee.
I think TMH may be able to use your unique talents to sow panic and confusion amongst the scum as special undercover covert ops,fancy a trip to High Wycombe for an interview?
Hey Ryde
Please don’t put me in the rubber room with that very restrictive and very unfashioable white jacket with lots of buckles and no sleeves lmao!!
No seriously Ryde the Land registry kindly sent me free of charge a copy of my register of title.
I have copied exactly what it says word for word in the register.
It states in the section named C: CHARGES REGISTER(THIS REGISTER CONTAINS ANY CHARGES AND OTHER MATTERS THAT AFFECT THE LAND).
4. (14.09.2006) Proprietor: Southern Pacific Personal loans limited (CoReg no ########) of Deeds Admin Team, St.Johns Place, Easton Street, High Wycombe, Bucks HP11 1NL and of DeedsAdmin@capstonemortgageservices.co.uk.
See that is where it says About capstone mortgage services it implies that they are the same company or part of the same company which they are not I am right arent I?
Because I have read my mortgage agreement and my terms and conditions about 50 times and I can not find a reference to Capstone anywhere on anything I have ever signed. So why should they be on the registry as having a charge or connection to SPPL. Because when I signed my agreement with SPPL I did not get notification of Capstones involvement until a month later after I had signed my agreement.Up to that date I had never heard of them.
Do you understand what I am getting at here, please tell me I am going down the right track and not up some bloody one way street.lol !!Maria
And no I am not an ex bloody employee of crapston lol!!
how dare you infer that I am in some way tarnished and afflicted by those scumbags. tut tut shame on you Ryde.lol
But in sayingall that In a way I wished I was because I would know a damn sight more than i do at the moment, mind you thinking about it the advisors at capstone dont know what day it is so now I see your comparison to me and them ha ha very funny. I am a bit slow but I get there in the end bit like the hare and the tortoise. lol mariax
mm43 all the lenders and capstone are at the same address now all capstone are are administrators of the loan nothing to do with the charge except they will act on behalf of sppl,am surprised they haven’t notified you yet of the transfer to the new owner so your objection could be a test case to see if it prevents the transfer,we’ll have to see.
You can but try until something clicks.
HI Ryde
Yes exactly but this is what I am getting at (Capstone are not my lender and I thought that the only company that should be mentioned in the register as having an interest/charge on my home was the company that I signed my contract with who was SPPL.Not Capstone so why is their name listed there and why have they written like that ? the part on the charges register it says (AND OF DEEDSADMIN@CAPSTONEMORTGAGESERVICES.CO.UK) BECAUSE THE WAY IT IS WORDED IT SUGGESTS THAT CAPSTONE ARE THE PROPRIETORS AS WELL. Do you see what I mean??? MM
..all SPPL/SPML/PML accounts available on CH website.
this ones for the JAWs/CAWs/JACKALS/SHILLS & akaNp. FECK all y’all maggotfarmas!!!
SPML 09 accounts;
‘These securitisations[MBS]are all ultimately LEGALLY and beneficially OWNED by charitable trusts and are included in the financial statements of the Company on a linked presentation basis.’
courtesy of the jackals Ernst & Young auditors, who are under investigation in the USA and here.
the truth has finally been revealed peeps, as KwA always has always known, because WE WALK POINT! more to follow..
Charitable trust – A trust formed for non-business purposes. Specific to securitisations, charitable trusts are used as an intermediary owner of the SPV – that is, the SPV is owned by the trust; had the SPV been owned by the originator, the originator or the shareholders of the originator could either take the SPV to liquidation. By inducting the charitable trust as owner, the SPV becomes an orphan company.(see prospectus).
TMH
KwA
kill’em all
let Super
sort’em out
OOH RAH!
Hatter in true bulldog spirit fights on.
No appeasement,white flag waving,waving white pieces of paper saying we have peace in our time here….
D-day could be here peeps get yourself armed to the teeth,get the big questions rolling in to the complaints section above and lets get our jackbooted oppressors thrown back into the sea.
Its been done before.
..
No mercy
..
Now is not the time to lie down.
..
He doesn’t pretend to be a man of the people.
But he is a man for the people.
..
My name is Madhattermus Decimus Meridius, Commander of the KwA Armies of the North, General of the Cag Legions, loyal servant to the true leader, Super.
Father to a nearlyrepoed son, husband to a nearlyrepoed wife.
And I will have my vengeance, in this life or the next.
..
Hatter muster the troops,peeps why don’t you jump on the team and come on in for the big win?
What we do in life echoes in eternity.
..you feck’in nut!C.S.I. but i like that!
its ‘Kag’ with a K here and GAG! elsewhere.
..inside every Jackal, there’s a Kagga trying to get out! ain’t that right SHILL?
J.F.G.
KwA
NO MERCY
AT LAST – I’VE FOUND YOU. You might have told me you’d moved ‘house’! I only found you as I went on CAG in desperation and, luckily, found a link.
I’ve been so worried about you all – in my darker moments I imagined that CMS, TMH and Ryde had been ‘outed’ and that I was about to open a newspaper to find a report of three bodies found in sports bags in a bath somewhere in High Wycombe!
Special Hi to Maria – you’re as deliciously mad as ever. By the way, they don’t have padded cells any more – they’re called a low stimulus environment!
Don’t you lot ever sleep? This website should be called Insomniacs Action Group!
Too true Dingle,surprise Jackal ambush,old site vapourised without warning by one of them incontinental ballistic missile strikes, we were nearly all renditioned but for hatter riding flank and providing covering fire,could be a good thing as we are definetely born again hard.
The corpse has now become the corps.
Dingle we tried to email you but your email address was invalid so couldn’t get hold of you,glad to see you back.
THE DIRECTORS REPORT FOR SPPL STATES NO LOANS EXIST AS AT 30 NOV 2009 SO WHO IS AND HOW ARE PEEPS BEEN REPOED,ALSO SPPL SHOWS NO INCOME FROM WHAT I CAN SEE FOR CHARGES BEING LEVIED ONTO PEEPS ACCOUNTS SO THE SCUM MUST BE POCKETING THEM ,YET SPPL SETS SUPPOSEDLY THE CHARGING STRUCTURE.
IT FOLLOWS THAT IF THEIR WERE NO LOANS THEY HAD ALL BEEN LEGALLY TRANSFERRED SOME TIME BEFORE THE END OF 2009 BUT THE NEW OWNERS NEVER INFORMED THE LAND REGISTRY OR THE BORROWERS.if there were no loans as stated who then has title to sue?
Where do all the repayments from sppl borrowers show as income into their bank account?nowhere it appears so where is it all being diverted to,away from the taxman it looks like.SEE THE SPPL ANS SPML ACOUNTS THEYRE POSTED ON CAG.
..BREAKIN’ JAWs2..SUPERs REVENGE..the sequel..JAWs2..SUPERs REVENGE..the sequel..BREAKIN’ JAWs2..SUPERs REVENGE..the sequel..BREAKIN’ JAWs2..
…………………………………………….
yo! K.A.G., can we have this new headline, in the latest postings part. and with a link to the latest SPPL/SPML accounts. leave the editorial to you, but Ryde has written about it. critical statements in both accounts..
cheers
TMH
KwA
in Super
we trust
..so let me get this right.
there were NO directors/employees of SPPL for 6months., and they had NO mortgage assets from 30thNOV09.
THEN HOW THE FECK COULD THEY REPO PEEPS AND CONTINUE TO DO SO!!!
———————————————————————-
Before District Judge Hayes
Sitting at The Norwich County Court
On Tuesday 07th September 2010
Hearing Room 1
Time 15:30
Claim Number XXXXXX
Claimant SPPL
Defendant Mr & Mrs XXXXXX
Remarks
Southern Pacific Personal Loans Ltd
V
Mr & Mrs XXXXXXX
———————————————————————————
I could list pages of SPPL/SPML/PML repo hearings past, and as of RIGHT NOW! there will be more repos this week, next week..its a shame the peeps above were not aware of this website, it could have saved them? seeing this criminality of illegal repos, for real as listings, shows how the KwA vanguard must continue the fight..
TMH
KwA
corps
Hi Guys
Hatter you still beavering away too at this time in the morning I thought I was the only vampire on here lol!!Was it you who wanted the adress and info on Mortgage funding 2008?? Because if so this lot should be of interest to you. sorry there is a lot of stuff here.just came across it on my travels, maria43
Ps you are doing an amazing job you may be in for a medal for your work helping others.kind regards Maria
MORTGAGE FUNDING 2008-1 PLC
Company Summary for MORTGAGE FUNDING 2008-1 PLC (06505910)
Registered Office:
FIFTH FLOOR 6 BROAD STREET PLACE
LONDON
EC2M 7JH
Telephone Number
TpsPreference
Website
Email
Number Of Employees
Number Of UK Locations
NA
http://www.PREFERREDMORTGAGES.COM
NA
NA
1
UK SIC: 7487 – Other business activities not elsewhere classified
Investment in mortgage loans. Commenced trading on 19.03.08. T/O = Interest receivable and similar income.
Activities in Sector(s)
This company is a subsidiary of Mortgage Funding 2008-1 Parent Limited
Key Financial Data 30 Nov 2008 Year -1 Year -2 Year -3 Year -4
Turnover
UK Turnover
Overseas Turnover
Cost of Sales
Operating Profit
Profit Margin
Remuneration
Land & Building
Fixtures & Fittings
Plant & Vehicles
Stock & W.I.P
Short Term Loans & Overdrafts
Hire Purch. & Leas. (short t.)
Hire Purchase & Leas. (long t.)
Tangible Assets
Cash
Credit Score
£50.3m
£50.3m
NA
£48.9m
£-57.1m
-227.00
NA
NA
NA
NA
NA
£0.5m
NA
NA
£882.3m
£30.8m
37.00
Credit Score Explanation
The Credit Score is calculated using a formula that analyses information from a company’s financial accounts and payment record.
Rating – Accounts Filed / Established Description
71-100 Very Good Credit Worthiness
51-70 Good Credit Worthiness
30-50 Credit Worthy
0-29 Caution – Credit at your discretion
Liquidated/Wound-up Company is liquidated or is wound-up
Dissolved Company is dissolved
Petition Petition has been filed
Key Operational Contacts
Name
Contact Type
Position
Sunil Masson
Executive Contact
Director
Name
Contact Type
Position
Mark Filer
Executive Contact
Director
Name
Contact Type
Position
Wilmington Trust Sp Services (London) Limited
Executive Contact
Director
Name
Contact Type
Position
Wilmington Trust Sp Services (London) Limited
Financial / Co Secretary / Legal Contact
Director
Name
Contact Type
Position
Wilmington Trust Sp Services (London) Limited
Financial / Co Secretary / Legal Contact
Company Secretary
Name
Contact Type
Position
Wilmington Trust Sp Services (London) Limited
Executive Contact
Company Secretary
Key Directors
Name
Contact Type
Position
Sunil Masson
Director Contact
Director
Name
Contact Type
Position
Mark Filer
Director Contact
Director
Name
Contact Type
Position
Wilmington Trust Sp Services (London) Limited
Director Contact
Director
Subsidiaries
No subsidiaries are recorded for ‘MORTGAGE FUNDING 2008-1 PLC’ which is a subsidiary of ‘Mortgage Funding 2008-1 Parent Limited’ please see the Mortgage Funding 2008-1 Parent Limited record for additional details.
Group Structure (no of subsidiaries)
Wilmington Trust (Uk) Limited (2)
| _ WILMINGTON TRUST SP SERVICES (LONDON) LIMITED (133)
| _ | _ Themeleion Mortgage Finance Plc (0)
| _ | _ Byzantium Finance Plc (0)
| _ | _ Chester Asset securitisation Holdings Limited (0)
| _ | _ Mac No. 1 Limited (0)
| _ | _ Preferred Residential Securities 05-1 Parent Limited (1)
| _ | _ | _ Preferred Residential Securities 05-1 Plc (0)
| _ | _ LA DEFENSE II (HOLDINGS) LIMITED (1)
| _ | _ | _ LA DEFENSE II PLC (0)
| _ | _ Equity Release Holdings Limited (3)
| _ | _ | _ EQUITY RELEASE FUNDING (NO.1) PLC (0)
| _ | _ | _ EQUITY RELEASE FUNDING (NO.2) PLC (0)
| _ | _ | _ EQUITY RELEASE FUNDING (NO.3) PLC (0)
| _ | _ GLOBALDRIVE HOLDINGS LIMITED (2)
| _ | _ | _ Globaldrive (Uk) Variable Funding I Plc (0)
| _ | _ | _ Globaldrive Receivables Trustee (Uk) Two Limited
| _ | _ SHERWOOD CASTLE HOLDINGS LIMITED (8)
| _ | _ | _ Sherwood Castle Funding Series 2003-2 Plc. (0)
| _ | _ | _ Sherwood Castle Funding Series 2003-1 Plc (0)
| _ | _ | _ Sherwood Castle Funding Series 2004-2 Plc. (0)
| _ | _ | _ SHERWOOD CASTLE FUNDING SERIES 2004-1 PLC (0)
| _ | _ | _ SHERWOOD CASTLE FUNDING SERIES 2004-3 PLC (0)
| _ | _ | _ SHERWOOD CASTLE FUNDING SERIES 2005-1 PLC (0)
| _ | _ | _ SHERWOOD CASTLE FUNDING SERIES 2006-1 PLC (0)
| _ | _ | _ Sherwood Castle Options Limited
| _ | _ PRS 6 PARENT LIMITED (1)
| _ | _ | _ PREFERRED RESIDENTIAL SECURITIES 6 PLC (0)
| _ | _ GRESHAM RECEIVABLES (NO. 2) UK LIMITED (0)
| _ | _ PRS 7 PARENT LIMITED (1)
| _ | _ | _ PREFERRED RESIDENTIAL SECURITIES 7 PLC (0)
| _ | _ BAKETHIN HOLDINGS LIMITED (1)
| _ | _ | _ BAKETHIN FINANCE PLC (0)
| _ | _ FUNDING FOR EQUITY RELEASE SECURITISATION TRANSACTION (NO.4) LTD (0)
| _ | _ PRS 8 PARENT LIMITED (1)
| _ | _ | _ PREFERRED RESIDENTIAL SECURITIES 8 PLC (0)
| _ | _ BISHOPSGATE PREMIER HOLDINGS LIMITED (1)
| _ | _ | _ Bishopsgate Premier Intermediate Holdings Limited
| _ | _ SPIRIT ISSUER PARENT LIMITED (1)
| _ | _ | _ SPIRIT ISSUER PLC (0)
| _ | _ ASSET LINK CAPITAL (HOLDINGS) LIMITED (1)
| _ | _ | _ ASSET LINK CAPITAL (NO.1) LTD (0)
| _ | _ PREFERRED RESIDENTIAL SECURITIES 05-2 PARENT LIMITED (1)
| _ | _ | _ PREFERRED RESIDENTIAL SECURITIES 05-2 PLC (0)
| _ | _ THEMELEION II MORTGAGE FINANCE PLC (0)
| _ | _ DECO SERIES 2005-UK CONDUIT 1 HOLDINGS LIMITED (1)
| _ | _ | _ DECO SERIES 2005-UK CONDUIT 1 PLC (0)
| _ | _ FUNDING FOR EQUITY RELEASE SECURITISATION TRANSACTION (NO.5) LIMITED (0)
| _ | _ DECO 5 – UK LARGE LOAN 1 HOLDING LIMITED (1)
| _ | _ | _ DECO 5 – UK LARGE LOAN 1 PLC (0)
| _ | _ ING (UK) REAL ESTATE PARENT LIMITED (1)
| _ | _ | _ ING (UK) LISTED REAL ESTATE ISSUER P.L.C. (0)
| _ | _ DECO 6 – UK LARGE LOAN 2 HOLDING LIMITED (1)
| _ | _ | _ DECO 6 – UK LARGE LOAN 2 PLC (0)
| _ | _ Auburn 1 Limited (0)
| _ | _ L.G.S. Investments (Holdings) Limited (1)
| _ | _ | _ L.G.S. INVESTMENTS PLC. (0)
| _ | _ Honours (Holdings) Limited (2)
| _ | _ | _ Honours Plc (0)
| _ | _ | _ Honours Trustee Limited
| _ | _ La Defense Iii (Holdings) Limited (1)
| _ | _ | _ LA DEFENSE III PLC (0)
| _ | _ Karta Lni 1 Limited (0)
| _ | _ L&C Proudreed Holdings Limited (1)
| _ | _ | _ LCP PROUDREED PLC (0)
| _ | _ Telereal Securitisation Plc (0)
| _ | _ Bct Conduit Limited (0)
| _ | _ Themeleion Iv Holdings Limited (1)
| _ | _ | _ Themeleion Iv Mortgage Finance Plc (0)
| _ | _ Deco 12 – Uk 4 Holding Limited (1)
| _ | _ | _ Deco 12 – Uk 4 P.L.C. (0)
| _ | _ Gresham Receivables (No. 15) Uk Limited (0)
| _ | _ Deco 11 – Uk Conduit 3 Holding Limited (1)
| _ | _ | _ Deco 11 – Uk Conduit 3 P.L.C. (0)
| _ | _ Eurosail 2006-1 Parent Limited (1)
| _ | _ | _ Eurosail 2006-1 Plc (0)
| _ | _ Preferred Residential Securities 06-1 Parent Limited (1)
| _ | _ | _ Preferred Residential Securities 06-1 Plc (0)
| _ | _ Eurosail 2006-2 Parent Limited (1)
| _ | _ | _ Eurosail 2006-2Bl Plc (0)
| _ | _ Deco 8 – Uk Conduit 2 Holding Limited (1)
| _ | _ | _ Deco 8 – Uk Conduit 2 Plc (0)
| _ | _ Asset Link Capital 2 (Holdings) Limited (1)
| _ | _ | _ Asset Link Capital (No 2) Limited (0)
| _ | _ Gresham Receivables (No.11) Uk Limited (0)
| _ | _ Ursus Intermediate Issuer Holdings Limited (1)
| _ | _ | _ Ursus Intermediate Issuer P.L.C. (0)
| _ | _ Themeleion Iii Holdings Limited (1)
| _ | _ | _ Themeleion Iii Mortgage Finance Plc (0)
| _ | _ Windermere Viii Cmbs Holdings Limited (2)
| _ | _ | _ Windermere Viii Cmbs Plc (0)
| _ | _ | _ Windermere Viii Cmbs Options Limited
| _ | _ Scarlet Funding No.1 Parent Limited (1)
| _ | _ | _ Scarlet Funding No. 1 Plc. (0)
| _ | _ Marble Arch Residential Securitisation No. 4 Parent Limited (1)
| _ | _ | _ Marble Arch Residential Securitisation No. 4 Plc (0)
| _ | _ Grifonas Holdings Limited (1)
| _ | _ | _ Grifonas Finance No.1 Plc (0)
| _ | _ Hawthorn Asset Co Limited (0)
| _ | _ Gresham Receivables (No.14) Uk Limited (0)
| _ | _ Gresham Receivables (No.13) Uk Limited (0)
| _ | _ Livingstone Mortgages Limited (0)
| _ | _ Estia Mortgage Finance Plc (0)
| _ | _ Windermere Vi Cmbs Holdings Limited (0)
| _ | _ Lithos Mortgage Financing Plc (0)
| _ | _ Eurosail 2006-4Np Parent Limited (1)
| _ | _ | _ Eurosail 2006-4Np Plc (0)
| _ | _ Eurosail 2006-3Nc Parent Limited (1)
| _ | _ | _ Eurosail 2006-3Nc Plc (0)
| _ | _ Titan Series Uk Holdings Limited (1)
| _ | _ | _ Titan Europe 2006-4 Fs P.L.C. (0)
| _ | _ Eurosail-Uk 2007-1Nc Parent Limited (1)
| _ | _ | _ Eurosail-Uk 2007-1Nc Plc (0)
| _ | _ Eurosail-Uk 2007-2Np Parent Limited (1)
| _ | _ | _ Eurosail-Uk 2007-2Np Plc (0)
| _ | _ Consumer Unsecured Reperforming Loans (Curl) Parent Limited (0)
| _ | _ Eurosail-Uk 2007-3Bl Parent Limited (1)
| _ | _ | _ Eurosail-Uk 2007-3Bl Plc (0)
| _ | _ Eurosail-Uk 2007-4Bl Parent Limited (2)
| _ | _ | _ Eurosail-Uk 2007-4Bl Plc (0)
| _ | _ | _ Eurosail-Uk 2007-5Np Plc (0)
| _ | _ Resloc Uk Holdings Limited (2)
| _ | _ | _ Resloc Uk 2007-1 Plc (0)
| _ | _ | _ Resloc Options Limited
| _ | _ Windermere Xi Cmbs Holdings Ltd (1)
| _ | _ | _ Windermere Xi Cmbs Options Ltd
| _ | _ Rocs Holdings Limited (1)
| _ | _ | _ Redevco Original Commercial Securitisation Plc (0)
| _ | _ Chester Asset Securitisation Holdings Vfn Limited
| _ | _ Daneion Holdings Limited (2)
| _ | _ | _ Daneion 2007-1 Plc (0)
| _ | _ | _ Daneion Apc Limited (0)
| _ | _ Clef Holdings Limited (0)
| _ | _ Anaptyxi Sme I Holdings Limited (1)
| _ | _ | _ Anaptyxi Sme I Plc (0)
| _ | _ Gresham Receivables (No. 19) Uk Limited (0)
| _ | _ Eurosail-Uk 2007-6Nc Parent Limited (0)
| _ | _ Eurosail Prime-Uk 2007-A Parent Limited (1)
| _ | _ | _ Eurosail Prime-Uk 2007-A Plc (0)
| _ | _ Eurosail-Uk 2007-5Np Parent Limited (0)
| _ | _ Emf-Uk 2008-1 Parent Limited (1)
| _ | _ | _ Emf-Uk 2008-1 Plc (0)
| _ | _ Mortgage Funding 2008-1 Parent Limited (1)
| _ | _ | _ Mortgage Funding 2008-1 Plc (0)
| _ | _ Themeleion V Holdings Limited (1)
| _ | _ | _ Themeleion V Mortgage Finance Plc (0)
| _ | _ Chester Asset Receivables Dealings Vfn3 Limited
| _ | _ Anaptyxi Holdings Limited (2)
| _ | _ | _ Anaptyxi Apc Limited (0)
| _ | _ | _ Anaptyxi 2006-1 Plc (0)
| _ | _ Eterika Holdings Limited (1)
| _ | _ | _ Eterika Plc (0)
| _ | _ Katanalotika Holdings Limited (1)
| _ | _ | _ Katanalotika Plc (0)
| _ | _ Excalibur Funding No.1 Holdings Limited (1)
| _ | _ | _ Excalibur Funding No.1 Options Limited
| _ | _ Prestige (No.1) Limited (0)
| _ | _ Prs 1 Limited
| _ | _ Consumer Finance Holdings Limited
| _ | _ Spv Management Limited
| _ | _ Preferred Mortgages Collections Limited
| _ | _ Berkshire Capital Funding Limited
| _ | _ Telereal Securitisation Holdings Limited
| _ | _ Preferred Funding Limited
| _ | _ Mound Holdings Limited
| _ | _ Hutt Company Limited
| _ | _ Sandwell Finance Holdings Limited
| _ | _ Unifinance 1 Limited
| _ | _ Stamphurst Limited
| _ | _ Pillar Holdings Limited
| _ | _ Cumbernauld Funding Holdings Limited
| _ | _ Oak Swap Limited
| _ | _ Cronos Rmbs Holdings Limited
| _ | _ Cumbernauld Funding No.3 Plc
| _ | _ Snowdonia Holdings 2006-1 Limited
| _ | _ Turquoise Holdings Limited
| _ | _ Karta Options Limited
| _ | _ Marston’s Issuer Parent Limited
| _ | _ Abbey Covered Bonds (Holdings) Limited
| _ | _ The Mall Funding Plc
| _ | _ Moulton Capital Finance (Holdings) Limited
| _ | _ Arran Buy To Let Mortgages Holding No. 1 Limited
| _ | _ Deco 16 – Uk 5 Holding Limited
| _ | _ Ursus 3 Holdings Limited
| _ | _ Andromeda Leasing I Holdings Limited
| _ | _ Anaptyxi Sme Ii Holdings Limited
| _ | _ Silverstone Securitisation Holdings Limited
| _ | _ Moulton Capital Finance (Holdings) No. 2 Limited
| _ | _ Talanto Holdings Limited
| _ | _ Byzantium Ii Holdings Limited
| _ | _ Mound Holdings No.2 Limited
| _ | _ Themeleion Vi Holdings Limited
| _ | _ Apc 2008-1 Holdings Limited
| _ | _ Katoikia I Holdings Limited
| _ | _ Epihiro Holdings Limited
| _ | _ Anglo Irish Covered Bonds Finance (Holdings) Limited
| _ | _ Gresham Receivables (No.16) Uk Limited
| _ | _ Arran Residential Mortgages Holding No. 3 Limited
| _ | _ Voyager Securities Holdings Limited
| _ | _ Hawthorn Hold Co Limited
| _ | _ Ybs Covered Bonds Finance (Holdings) Limited
| _ | _ Orchard Mortgage Investments Limited
| _ | _ Arran Residential Mortgages Holding No.2 Limited
| _ | _ Arran Residential Mortgages Option No.2 Limited
| _ | _ Arran Residential Mortgages Holding No.1 Limited
| _ | _ Arran Residential Mortgages Option No.1 Limited
| _ Wilmington Trust (London) Limited (0)
Think Eurosail is mentioned in that lot somewhere Jeez too many lol!!
Anyone with an SPPL loan has to download a copy of their accounts for 2009.Anyone who is”under the knife” or has been repoed since 30/11/09 has to challenge sppl’s capacity and status to have have bought the claim using these accounts.
MY PERSONAL THEORY IS THAT AS THEY CANNOT SHOW THE PROPER CASH FLOW GOING THROUGH THEIR BOOKS SO THEY HAVE HAD TO COME CLEAN.
..
OF COURSE ALL THE CASH FLOW HAS BEEN GOING STRAIGHT TO THE SPV COS THE LEHMANS BANKRUPTCY CAUGHT UP WITH THEM HENCE THE £200 MILLION+ CLAIMS AGAINST LEHMANS BANKRUPT ESTATE.
..
THIS HAS TO BE FORMULATED INTO ONE GREAT BIG CH COMPLAINT,JUST THINK WHAT THE 2010 ACCOUNTS WILL SHOW.
THE WHOLE LOT SHOULD BE STRUCK OFF.
Hi Ryde,OOh its all happening now i have battened down the hatches and stocked up my shelter with rations of spam ready for the fall out when the sh– hits the fan.
Got my Quarterly loan statement this morning and for the first time ever it was on (Crapstone letter headed paper).Arrears adding up nicely by on average about £200 a month, even thought I am paying my monthly payment plus the amount off the arrears, that court order states on time, every month.Because I have the previous Quarterly statement and this is stillon SPPL headed paper. However in the statement I received this morning from crapstone it states at the very bottom if i am feeling generous or have had my brain removed if I want to pay up all my arrears they will let me.(How Sweet!!) But I have to pay THE INSURANCE AND SERVICING TEAM AT EUROSAIL -UK 2007 -1NC PLC. THAT IS THE FIRST TIME THEY HAVE BEEN MENTIONED ON PAPER TO ME how strange. Now i wonder if the land registry has heard anything yet??? kind regards Maria
Hatter, Ryde,
Do you guys want any spam I have 50 cases here so plenty to go around lol!!!mm43
If u Didn’t know already there is a company on the net called http://www.Alertdata.co.uk and they have tons of info like contacts and telephone numbers (lists names of directors etc. and subsidury compnies on the site)That is where the above lomg post came from.For each company you enter you can get the financial info, the employees, the contacts, the directors names and contact details, their turnover, their uk turnover and overseas turnover,cost of sales, operating profit,renumeration, land and buildings,fixtures and fittings,plant and vehicles,stock & W.I.P, short term loans and overdrafts,hire purchase and lease,TANGEBLE ASSETS,CASH AND CREDIT SCORE. and adresses of all the companies to do with SPPL. You have to take the trial membership and it lasts only for two days but enough time to get any info you can from it.It also has market reports etc to downloand but if you want more indepth info you have to pay unfortunately but its worth a look at if you didnt know about it. Okies MM43
Hi dingley soooo gland to see you back honey bun!!!
Missed ya!! I was the same when I tried to get on and computer said NO!! I thought what and panic washed over me for about a day until I finally made contact with all at HQ. I was Sooooo relieved!! I am totally still madder than ever!!
You know these low stimulus environments you mention does that mean the same as minimulist like this nasty non descript form of decor that has enveloped the hotel culture. Where it turns the rooms of beautiful historic country houses into pretty much padded cells!! lol!!
Good to see you anyway Dingle
Ps Guys I have posted quite a lot of stuff recently but just wanted to say sorry if it is no use to anyone and just taking up space.But I thought you never know it may be of use to someone. Kind thoughts as always Maria
..in recognition of your 1st tour of duty.
rank> M.O.M.(Ministry of Madness)
Krew> KwA
Kagga> MadMaria43
ten hut! M.O.M. on deck!
J.F.G.
KwA
..notes, SPPL sells all its mortgage loans to SPML(2nd charges), prior to SPML>SPV securitisation. if you check your prospectus diagram it shows this transaction. from the SPPL 2008 accounts, it had NO mortgage loans ending 30thNOV08, and zero as of the recent 09 accounts. i believe, they were going to wind up SPPL early, as there were no directors since 15thOCT09. still unsure why they resurrected it, as its a corpse and has been since it sold its last loans to SPML in 2008. i can only assume, they did so(as they remained on the LR), so they could keep up the pretence they were trading ‘solvently’, so they could continue to repo peeps. its being propped up by Mable/PWC to cover its working capital expenditures.
its a feck’in scam, SPPL has been trading and balance sheet insolvent for at least 2 years, and of course is in wrongful ‘trading’, as it can NEVER be put into a solvent position. it should have been feck’in struck off in 2008!
comments?
TMH
KwA
We can all read history peeps..
..
but be witness peeps,
..
this man.. THIS MAN TMH…both writes it AND makes it.
…
I think we should post a notice to all the lEHMANS creditors about whats going on here as super has said its a cash grab before anyone else can lay claim .
All the whole lot are being propped up by the fact that the 2 suppliers of finance Mable and Storm BOTH in admin under PWC who it has been stated in both accounts have no intention in the forseeable future of calling in their debts,so the entire structure is being kept alive in reality by the creditors of mable and storm who cannot get their hands on the mortgage assets(us)because PWC are keeping this lot alive so the noteholders/ spv obtain the assets(us)as is happening as we speak..
..
If the global creditors of Lehmans knew of this I am sure
there’d be nuclear fallout.
in super
..
we trust.
Dear Mr Investment bank,we are afraid we will not be able to return the several billion pounds you invested in storm and mable funding as your money is being used to prop up subsidiaries of lehmans so that the RBMS they bought with money provided by mable and storm from you can be liquidated and returned to their owners ,those others investment banks.
Sorry PWC
I have a loan with SPPL and yet I pay SPML. Capstone tell me that the loan has been assigned to Eurosail so my payments must end up in Eurosail’s coffers. This is how SPPL show that they have no income and no loans in their accounts.
E.F.
Looking at Cag and your previous posts it appears you are in the black regulatory hole and your complaint will not be considered by the FOS,please correct if wrong.
..
Would it be worth starting a small claims county court claim ,quick,relatively simple,cheap and the scum might back down.
You could use as evidence the FSA mandate that the charges are only supposed to represent real admin costs and are not to be used as a profit stream against the borrower,also using gmac ,kensington fines as evidence.Request that the court endorse these findings and order that the scum repay your charges.
I am not entirely sure of the procedure here but it may be your only option and will be a lot quicker than the FOS.
If your loan has been transferred legally now to Eurosail all rights under your old sppl contract should be guaranteed.
This is something that needs sorting out,your comments on the above couse of action would be welcome,we need to get a proper strategy here otherwise peeps are in limbo.
‘These securitisations[RMBS]are all ultimately LEGALLY and beneficially OWNED by charitable trusts and are included in the financial statements of the Company on a linked presentation basis.’
what do they mean ‘these securitisations’? the jackals are directly referring to RMBS-the ‘ResidentialMortgageBackedSecurities’ ie. YOUR HOUSE.
IT IS THE FIRST TIME THE JACKALS HAVE ACKNOWLEDGED THAT SPML DONOT OWN THE MORGAGES OR LOANS.
because if HMRC wind this bullshit up, they cannot get hold of the mortgage assets of the JAWs. as they are with the ‘bankruptcy remote’ SPVs, who are owned by the ‘Charitable Trusts’. DONOT confuse with the trustees, as BNY or Capita Trusts.
..anyone get that moment..it’s SHILL o’COCK time?!!! no, it was right the first time.
we don’t leave
our KaggaZ behind.
J.F.G.
KwA
Do you know something Hatter you loose me in all this can yu do me a mind map or something so I can fit all the pieces together in a way that I can understand lol!! tried to do my own but it dont make sense either !! mm43
..well M.O.M., its a good idea, drawing out a diagram of all of this. start with the copy in the prosepctus..then C.I.S. can translate for you? and err yes, this is a cop out, as it has taken 2 years for the vets to get this far.
TMH
KwA
Important notice for all female members of the corps.
And prospective applicants.
TMH, due to recent escalations in Jaws activities has now rightly raised concerns over the physical fitness and capabilities of all female members of the Corps under 10 stone for undercover ops and combat duties.
He has therefore proposed in an extraordinary meeting at High Command the following proposals.
..
1)He be appointed Chief Medical Officer amongst his many other roles.
..
2)All FEMALE OPERATIVES UNDER 10 stone be given a full medical by his good self,fully experienced and qualified in such matters,essential as a prerequisite for combat duty.Lives may depend on it.
..
3)All female operatives in the above category will be debriefed by the C.M.O. and his staff.
..
4)In the interests of personal safety and the efficiency of the corps I have seconded the motion and have been appointed chief assistant to Dr Hatter and standby C.M.O.
..
Please form an orderly queue..
….
…
TMH
because if HMRC wind this bullshit up, they cannot get hold of the mortgage assets of the JAWs. as they are with the ‘bankruptcy remote’ SPVs, who are owned by the ‘Charitable Trusts’. DO NOT confuse with the trustees, as BNY or Capita Trusts.
……
Just as important, the Lehman creditors such as those that sunk their cash into mable and storm which constantly funded the acquisition of the mortgage pools can’t get their hands on the RMBS either as PWC have no plans in the forseeable future to call in the huge debts owed by the Jaws as they would all be thoroughly busted out with all the legal titles they have registered at the Land Registry the property of the Official Receiver although the spvs would then make claim under their contractural agreements.Would be an interesting battle.
Ryde
deputy and assistant
C.M.O.
Hi Ryde, going back to you saying that I am in the black hole and can’t complain to the FOS, I am afraid you are right. I had a conversation about it with the Adjudicator who worked on my complaint about The Woolwich.
He said that they get many complaints from people with unregulaed loans about charges and cannot do anything about them.
I think that your suggestion that it is dealt with by the county court is a good one.
At the moment I am having a battle with Robbers in Way over a Lloyds loan they have taken me to court for.
When that is over I will then have a go at Capstone.
Hi E.F.
We will work on this in the meantime,the worst thing is it appears the scum relish the fact and peeps report the scums attitude as bad luck now f. off,you know the usual sympatheic and considerate approach.
However whats unfair for some chargewise ie those regulated cannot be fair for others ie unregulated.
ubi jus ibi remedium
“where there is a right, there must be a remedy”,the one time when equity should work for us..
Excellent Ryde. I would really like to stuff Capstone on this. They have charged me over £2000 and legal fees of another £1500. My arrears 3 years ago were £3200 and I have paid £3600 off them, yet the balance is still £2300.
Puts me in a really vunerable position.
Hatter utter nutter lol!!
What the hell is an M.O.M is that refering to me?? and Ryde dont know about this medical thingymibob, do I get away with not having one cause i am over 10 stone ???
That site you asked me to post the link for was ft.com , better late than never took me ages to find it again.
Oh yeh and hatter jeez thanks for the advice do you mean the prospectus for the loan or for these bloody investment plans like the ( stepped up kickuout bootuout plan -6) lol!!
All I want is it explaining in a way i can understand for instance there are lots of greedy little peeps with far too many pennies wanting to make more pennies so they give ther their pennies to some kind of structured investment product like (The kickout plan) through a broker. This bloke sorts it all out so that these noteholders get lots and lost of pennies back in a very short space of time over 5 yearsish.
Secretly Behind the garden wall is the seedy Eurosail man (the issuer) is doing a deal with and makin an agreeement called a (trust deed) with Capita Trust the (trustee bloke).
So this means that Eurosail is the issuer, and SPPL the originator which means they are the (collection account holders)this account then goes back to the (Issuer) who is eurosail, the note holders are the investors, and the trustee is Capita Trust and of course nice mr Barclays bank (The account bank) which gets filled with money from the borrowers who are paying their mortgages an bein repossessed.Which some of these pennies go back to the noteholders (the investers) so they can do it all again and make more families homeless. Do yu understand all that and does it make sense lol!! Because it doesnt to me and which one is the bloody SPV ??? errrhhhhh this is driving me nuts or nuttier lol!! moremadmaria
A NEW PLAN,NEW OBJECTIVES,A NEW WAY FORWARD.
1)Recent events have diverted us from our objectives.
2)The manifesto has in part been achieved,solid defences for repo,templates for reclaim of unfair charges and the forced rebranding of the scum who have been thoroughly named and shamed!!
3)We need a template for unregulated sppl borrowers to reclaim their unfair charges from the county court as the FOS will not handle such claims
4)We need to challenge the solvency and continued trading of these lenders
5)We need to inform anyone who will listen and may take action on our part be they regulators,HMRC,VAT,mps,FSA,Investors or Creditors of Lehmans.
So lets get something going peeps and push this forward as far as we can go,the trains speeding up for its final stop lets not get left at the penultimate station,now is the time to get derailing.
Look at the achievements so far,CAG never got anywhere near this.
So jump on the train peeps
Its time for “action not words”!!!
(back soon)
FSA http://www.fsa.gov.uk/pubs/cp/cp10_16.pdf
The more comments e-mailed to the FSA on this policy
doc, the better for all.
Maybe this time they will see what in fact Capstone
Charge, The way they compound the charge.
Lynda Blackwell
Conduct Policy Division
Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
Telephone: 020 7066 0168
Fax: 020 7066 0169
E-mail: cp10_16@fsa.gov.uk
Unlike which and the other various consumer groups have you noticed the FSA never actually name the firms who charge the highest rates and then offer statistics who unless we know who they are talking specifically about are so generalised as to be almost meaningless.
With their various business models it should not be that difficult to come up with what is basically a fair figure generally,thats what peeps want.How is the difference justified between a bank charging £35 and scum charging £85 is it because scum are on your back 24 hours a day?
Another example if scum charge you £85 for an arrears charge they have levied because they have “mistakenly” mislaid your payment are you entitled to have this refunded PLUS YOUR EXPENSES for getting the refund which may run into hours eg I am self employed if I were to chase the scum up for a day because of their incompetence my costs personally would be greater than their 5 minutes computer generated work.
This report has probably cost 6 figures and its total bollocks as usual full of statistics that apply to no one in particular so the next time it goes to a TSC there will be a thousand questions.
And the government is trying to save money.
Its basic schoolboy stuff.
1)Scum charge £85 because?breakdown in hours.
They’d probably lie anyway.
Why not a table of all lenders and charges made the same thing which do then an explanation of how the huge differences are justified.
WHOaaaaw….my ears hurt from the deafening response.
..
Is it my deoderant?
..
Thought choosing underarm was a mistake when the lackey offered aeroshole or ball.
..
COME ON WE’RE the KwA splinter group FROM GAG not GAG.
..
NO HOLDS BARRED HERE
..
SHUT ‘EM DOWN!!
I don’t know if any of you have seen this,but it was posted on the blog by Derek
From my understanding ISDA Master agreement (multicurrency-cross boder dated 16th July2007 between Lehman Brother Special Funding Inc,(LBSF) and the issuer (master Agreement which was one of many issued.
Wilmington Trust USA is a major company, which act as trustee services for UK Securitization transactions, under Wilmington Trust SP (london) Ltd company ;02548079 pervious Legibus 1586 (1991) SPV Management Ltd (2005)
In August 2006 corporate services business in the Cayman Islands was acquired from PricewaterhouseCoopers in May2006 by Wilmington
Wilmington act as Trustee,Custodian,paying agent and collateral adminstrator for the note holders
Eurosail-UK2007 3BL(2009 EWHC 513 (CH) obtained an injuction to prevent security trustee making paymenys to noteholders
AS PWC are only 85percent complete with there recovery there will be more to come.
Hence the non action from the FSA@ do not touch.com
..missed that LD. good find, the conspiracy is REAL!
J.F.G.
KwA
rank> T.O.P.(THE Original Pioneer)
krew> KwA
Kagga> Littledotty27
PWC LAUNCHES APPEAL AGAINST LEHMAN BROS PAYOUT RULING
Lehman collapsed two years ago this week
Sunday September 12,2010
By Geoff Ho
The EUROPEAN liquidator of Lehman Brothers is set to appeal against a ruling that would force it to give thousands of unsecured creditors cash from a ringfenced $2 billion (£1.3 bn) pot.
PricewaterhouseCoopers’ plans to return about $2 billion held in ring- fenced Lehman accounts to secured creditors were hit last month by the Court of Appeal, which ruled that hedge funds and other unsecured Lehman creditors should also share the cash.
EXPRESS OFFER: CLAIM £15 IN FREE BETS HERE!
Lehman collapsed two years ago this week, helping to send scores of other banks to the financial edge and pushing the global economy into recession.
Although PWC has yet to make an official announcement, it is understood that it will file an appeal before the September 23 deadline and take its case to the Supreme Court.
If PWC fails to get the ruling overturned, fund managers and others with Lehman accounts will get drastically reduced payouts from PWC.
Every bank, insurer and investment firm operating in the UK is required by the Financial Services Authority to keep client funds separate from their own accounts, in case they go bust.
However, Lehman’s UK and European division had failed in this regard “on a truly spectacular scale”, according to Mr Justice Michael Briggs, who oversaw a previous Lehman-related hearing.
STORY IN TODAYS EXPRESS
COME ON PEEPS LETS LET THE WORLD KNOW THESE ASSETS IE US THE RMBS ARE BEING TRANSFERRED OUT OF THE REACH OF THE OTHER CREDITOR/INVESTORS.
COS THATS WHATS HAPPENING AND IS GONNA HAPPEN AND QUICK.
IF EVER WE WANTED PUBLICITY FOR OUR CAUSE NOW IS THE TIME TO GRAB IT.
CMS WE NEED A HEADLINE POST ON THIS ONE ON BOTH SITES A.S.A.P.
peeps, get a copy of the TR4 form used by SPPL to ‘transfer’ your mortgage/loan.
this should be free from the LR, and will reveal the shocking TRUTH about the substitution..
‘live for nothing or dye for something’.
TMH
KwA
Maria
Not sure if your post cleared automatically or didn’t. We have had a spam attack which I have had to deal with. Apologies if it didn’t but it’s there now.
As far as I’m concerned, as the saying goes, it takes one to know one. If you are indeed mad, which we all sincerely doubt (adorable – more like…) it may just be that it takes a hint of nuttiness to see this INSANITY in all its glory.
An economist of some small standing once explained to me how these bastards conjure up money from thin air. It’s very simple.
Money doesn’t really exist. So you make it exist by crediting someone with a facility against their future earnings. It’s called credit and mortgages. Of course this is risky so you parcel it up and flog it on as a security.
Once that’s done you have the capacity to extend someone else credit – or the same person more credit (within the regs as your books have deleveraged their debt). It’s an absolutely brilliant wheeze and look at the marvels it achieved for our economy…until recently that is…but the best line of all is that the banks went cap in hand to the government i.e. me and you and said look at what all these terrible borrowers did to us. They were all so piss poor at managing their debts ( i.e. our extortionate interest and ursurious charges) that we have have billions in public bail outs.
Of course the so called toxic assets had been sold, resold and resold again in an ever decreasing ‘virtuous’ circle. THEN CRUNCH. A financial blood clot. No more ‘circulation’. There was nothing toxic about the assets. After all the underlying asset – property – has never been grabbed with more haste.
Hi CMS hope you dont mind me using your previous name, anyway nice to hear from you chickpea! Thankyou for your comment that was really sweet.I think you defo have to be a nut to believe that these barstewards have actually been doing, what they have been doing.
Because anyone in their right mind that has not experienced their underhand and devious practices would definately not believe it. Because believe me i have tried it on my friends and they give up on me when I start to try and explain securitisation(my way)and start heading backwards towards the door.Dont blame em I suppose!
Then you get the clever co-kh-eads who have been with the same building society for life, and have nearly paid off their morgage, trying to tell me that this kind of thing doesn’t happen, and lenders dont do that kind of thing, BECAUSE THEY ARE REGULATED DERRRR!!(LMFAO)and they always tell the truth (of course they do! “For god sake wake up you twit and get out of your friggin bubble” I hear myself shouting)Mmmmmm! maybe I am loosing it afterall CMS?? lol anyways back into mi cupboard to do some more mindmapping ( I am afraid its not going well but will post it up when i have done it so you can all have a laugh! so nite nite Hun!! MM43 x
Hi guys can you help me??? how do i put my mind map on securitisation on the site ??? is it even possible?? lol!!MM43 x
MM43 Ten Shun,Stand by yer bed!
After long and careful consultation following your medical with the C.M.O. TMH ,it has been decided by majority vote to section you under The M.H.(TMH) Act 1983.
You will then be fully trained in covert ops for our campaign in psychological warfare against the scum which will involve you ringing their operatives every hour until they succumb to repetitive mental stress syndrome,make substantial claims against their employer and are no longer fit to carry out their unholy duties,within a month we’ll have the whole office cleared and the scum bought to their knees facing multimillion pound claims for compensation from their own.
What a masterstroke after nearly all else has failed.
CMS would it be possible to transfer the sppl/spml accounts from CAG to here.
Also if possible we could do with the pml accounts and those of Mortgage Funding 2008-01 as they now appear to be the main spv in the frame.
LOOKS LIKE THE SCUM HAVE ATTEMPTED TO THROW SPAMMERS IN THE WORKS THEY’VE ENGAGED A DEDICATED GROUP OF EAST EUROPEANS.
Spammers dealt with albeit they will be back. They don’t get approval but their presence is an irritation. I suggest forwarding the “comments” to MSE to show Bouncing Betty what real spam looks like.
on the accounts have you looked at the Accounts and Auditing sidebar? Most are there. BUt there will be some missing. try to track down what you see as missing or not working and then post a link to the relevant accounts. they will then be a cinch to add.
On rechecking the extensive accounts that were posted many seem to have disappeared and very few remain.
These were archived but will take some digging for restoration. Apologies for their omission.
This most likely occurred as the site was transferred twice in quick succession, thanks due mainly to shills and jackals who objected to a LINK (yes that’s right, A LINK) being posted. The death of satire knows no better definition than the uber linker’s objection to a single link.
If people don’t want to join in at this end of thing’s that is fine. Just let them make their own minds up. Or is being a control freak second nature?
CMS BOTH THE LATEST SPPL AND SPML ACCOUNTS WERE POSTED ON CAG BUT HAVE NOW BEEN WITHDRAWN.I DOWNLOADED THEM SO HAVE THEM ON FILE THEY OPEN AS PDFS BUT HAVEN’T GOT A CLUE HOW TO POST THEM HERE.
Hi Ryde, can’t you just copy and paste them into the comment box?
Why would CAG withdraw them? Presumably they are available to anyone from Companies House for a small fee.
I am very sad that CAG has been knobbled by unseen forces, I can only guess who they might be.
Hi Ryde
“Err standing upright sir”mmm Madmaria signing in for special duties !!lol
God I am so glad that medical is over with it was very thorough I have never been as poked and prodded in all my life and the electric shock thigamy attatched to various parts of my body to see if i was telling the truth was WAY beyond necessary.
However my pledge my loyalty to the K.W.A ARMIES AND THE CAG LEGIONS, and if I am needed to psycologicaly attack then I will do my best. have already secretly been down to their hq and installed some high frequency ear piercing audio that should start driving them crazy then let the phone calls commence I will give em 48 hours lol!! This is MM43 Nanoo Nanoo over and out
PS why has nobody answered my serious question on how to get my mind map thingy posted on here it is quite good really at least 4 stars lol MM43x
Apologies Maria.
I am trying to find a way of doing this that doesn’t expose anybody’s ID. You will probably need to email it to someone. Ryde has many subterfuge email accounts so if you could send it as an attachment to him – he’ll be along later this morning – we would then be a step closer to posting it up. I’m sure he woudn’t mind setting up a dummy drop box email account for this kind of stuff. He’s the master of disguises. Hope that helps.
Ryde I’ll be able to post the accounts up later. Hope that’s OK.
Here CMS whats the subterfuge email revelation which is strongly denied, I may have a couple of alternative addresses for the good of the cause and special ops but no more.
Hatter’s the man in black and the Master of Disaster,I am but a pupil and an underling.
H
Tut tut…
You are FAR too modest…
Do you think we can set up a ‘drop box’ email account so we can help MM43 out..?
No problem CMS only problem is whats a drop box email account?
Just thinking that you could create an email which can be published on the site then MM43 and others could send stuff to it.
I’m just calling it a drop box – An easy way of getting pdfs images and other media/resources and documents on the site as the comment box doesn’t really allow for anything but comments…
CMS
They could use the borrowerstrust@gmail.com one as thats active?
Good call –
Maria. Use your email to send an attachment of the diagram to the email address in Ryde’s post above. We should then be able to post it up.
Regards. CMS
Ryde note that the accounts are now posted…peeps with any experience of reading accounts should be getting straight on the case.
Points of interest
1. I may have read this wrong and peeps should check but it looks as if SPML only have 45 mortgages on their books. Anybody faced with an SPML Repo should draw the attention of this to the court and ask for proof that SPML retain the mortgage. The court should go with this.
2. SPPL – no income and no corporation tax. Where are all the charges levied in their name and where the feck is the VAT that is payable on these charges?
Hi Chaps
Thank you for helping me to sort out my mind map, I just hope it is worth all the effort you have done to enable me to post it. Just had a thought it is all done except for some of the company names may be in the wrong boxes and some i left blank because i wasnt sure. So it would be cool if you could use your expertise to correct anything that I have done wrong. The main reason I did it was to help new peeps who may come on the site looking for help and like me are (not the brightest button in the box)may be scared away at the prospect of trying to understand securitisation.
Thinking you have to have a degree in economics to understand what everyone is talking about.
It is such a complex issue that i thought a simplified map would be good for peeps to get their head around. If you have no knowledge of investments and securities etc you dont stand a chance of understanding the whole securitisation thing!
Thanks again madasevamaria x
okie dokie done it hope you get it and hope i sent the right file if you get something to do with the telly tubbies that is the wrong file just let me know MM43x
..just like to say, lets not get bogged down with ‘securitisation’ per se.
remember in essence, its a simple property transaction.
1) A JAW sells YOUR house to an SPV, with full title guarantee(legal&equitable title).
2) The SPV now legally owns your house. it then does NOT register its legal title with the LR(s.27LRA2002).
3) The SPV then securitises your house on the irish stock exchange. IT IS THE SPV that securitises your property, NOT the JAWs.
4) Once the JAWs have sold your house to the SPV, that it, it is now in the hands of the legal owner-SPV. only the JAWs receive interest on this commercial sale, the JAWs now own nothing, their part of the sale transaction to the SPV is complete.
5) ALL are separate legal entities, the JAWs limited co’s and the SPVs public corporations. also, the idea that the SPVs are just ‘funding vehicles’, is bollocks, we all know they set interest rates,charges,repo actions etc. they do so as ‘mortgage lenders’, using Crooklyn.
6) There is NO difference if you sold your house through an estate agent, A sells house to B, offer & acceptance, exchange of contracts, solicitor deed of transfer with a TR1 with the LR.
SO AS C.S.I. HAS SAID, WHATs THE POINT OF THE LRA 2002, IF THE SPV DECIDES TO CONTRACT OUT OF THE LAW, BY NOT COMPLYING WITH S.27? feck it, lets tell everybody that they don’t need to, and save on stamp duty etc. who would ever know? the SPVs have hidden this from the LR for years. its bullshit, you CANNOT contract out from the legal obligation to register as the new legal owner. as our esteemed K.A.G. has emphasied, at the top of this site, the SPVs knowlingly do so.
TMH
KwA
WAR
Ryde
Is Maria’s stuff in the borrowers trust in-box?
It is but there is no attachment from what I can see at present.
Hatter covering fire needed site under attack from east europeans ex khasi under instruction from the scum to use diversionary spam attacks,fry the bastards,bouncingbetty could be behind it all using one of its many mutations,God its ugly it could star in its own creature feature.
Talking of which hows your current directorial debut going?
..
Hear its called;
..
“The Shills have Eyes”
..
A March Hare production.
..
RE the scum have read that the American Courts if I have this right reversed the English Courts decision in Perpetual trustee v BNY that the inolvency anti depravation laws could not be contracted round.
In our case this would mean that the assets(rbms ie us) would become the property of lets say SPPL’s trustee in bankruptcy and not the spvs if the English Courts who left their decision open to appeal pending the American ruling adopted this ruling.
Could be a big factor in what is happening now,get the assets transferred a.s.a.p.
The lawsuits in America against securitised mortgages are staggering and what have we here?absolutely nothing.
see this link,whole cities are bringing lawsuits,many concern the chain of assignments.
http://www.nixonpeabody.com/publications_detail3.asp?ID=3131
“The Shills have Eyes”..luvz it, permission to use it C.S.I., as the title of a new rhyme?
J.F.G.
KwA
Hatter aka “The Peeps Poet” and “The Barred Bard” looking forward to your magisterial prose,always an event especially where Shill is involved.!
..
When are you starting on your sequels to the tarrantino classics?
..
“Kill Shill” volume 3.
Is there any truth in the rumour that you have told “shill” to take the leading role in your planned remake of the Johnny Depp classic “Finding Neverland” as the first time round he never feckin’ found it?
Scum Insurgency Liquidated…They SHALL NOT PASS.
Stand Fast.
Interesting stuff Ryde. It goes to show just how fecked up our Justice system is. Even in the States of all places consumers have better protection from the courts.
The only way is to challenge s136 which if they had it in America they certainly would,its just an abuse of a statute and the consequences of it are it divests(as tmh succintly stated some time ago)peeps of their rights under MCOB AND PROTOCOLS and makes a mockery of Land Registration,HOW CAN ANYONE FOLLOW THE CHAIN OF ASSIGNMENTS AS WAS ARGUED IN THE U.S.,MF08 MIGHT BE THE UMPTEENTH SPV YOUR LOAN HAS BEEN SOLD ON TO AND WILL NO DOUBT SELL IT ON AGAIN.
THE SPV SIMPLY STATES
“I OWN IT ALL BUT FOR TELLING THE VICTIMS I OWN IT” thats all it amounts to.
KEEP THE VICTIM IN THE DARK SO WE CAN CONTROL THEIR LOAN WITH IMPUNITY.
THE ORIGINATORS CAN CARRY THE CAN AND IF THEY GO BELLY UP IT TRANSFERS TO US ANYWAY.
Hi Guys did you get it ????? letmeknow thank you mm43!
Maria
the email you sent was received but empty. No attachment whatsoever. Not even Teletubbies!
Can you send again..?
Thanks. CMS
Will do think it is this new skydrive thing on hotmail will try again lol!!mm43
Have u got it now it defo said in the email it had an attatchment so hope you got it and it opens in word????
how i hate computers and the internet at times!!
hi chaps hope you got the attatchment now if not i intend to send it by carrier pigeon as it would be faster lolo!! just been perusing some sites i havent been on for a while in particular MSE and stumbled upon this who the hell is “BOUNCING BETTY” she seems very knowledgable and quite patronising TBH. You probably seen it anyways but i copied it for you.I presume she is banging on about this site anyway.
Here is the Quote from MSE Forum
The following is taken from a site that recently spammed a number of consumer forums including MSE
Some of the members of that “site” have made a number of negative comments about MSE and some of the IFA’s that post here.
Yet, this is the utter tripe they post. So many things wrong with the following I am not even sure where to start.
Don’t think they have a grasp of the actual meaning of the word “mortgage” or for that matter “off shore” .
I won’t even start about Banks requirements for the acceptance of Direct Debits (and the associated guarantee) Not exactly rocket science
Considering the nuisance recently caused by members of that site and the posted negative comments about IFA’s, you might all like to comment on the following
But bless her she does say that peeps should come on her if only for the comic value !!!!!!!!! mmmmmmmmm quitemadmaria
Hi Guys
Have you lot gone to ground or what? lol!
hope you havent been captured. Cant fightthis thing on my own you know lol!
Anyways when anybody surfaces i got an email from the fso after i sent him shedloads of stuff about you know who! and he replied as soon as he got it and said he had noted my comments and would get back to me very soon.okay chicks signing out NANOO NANOO ps the lift is still stuck lmao!!!!kind regards as always MM43
We ARE all still here – been posting on Shining Light (see Recent Comments to locate folk).
Really glad you’re back – been worried by your absence. Thought you’d been captured by you know who and transported to High Wycombe where you were languishing in their cellar so you can do no further harm!
I’m also awaiting the FSO’s decision following the adjudicator’s rejection of my complaint (where DO they find these people?). I’ve appealed to the Ombudsman so we’ll see which of us gets the first decision!
We took a second mortgage with Southern Pacific in 2005, and myself and my husband have since split up and I am trying to maintain the mortgage etc on my own and I have fallen into arrears with Capstone Mortgages.
They haven’t been very helpful, and I submitted all my income etc to see if they would reduce my monthly payment and they said no!
I have a question which I hope someone can answer? Should they have requested 2nd charge against my property as Capstone mortgage services from the first charge lender ( who I am not in arrears with) because if they need to, they haven’t!
I am now awaiting the letter to say they have instructed their solicitors for which I will now be paying £115 per month!!
I am sorry if this is posted in the wrong place.
Hi LisaG, the first thing you need to do is request a copy of the land register for your house, one you have obtained this let us know what it states regarding 2nd charge.Capstone will advise one of 3 legal firms depending
on your location who write and serve at the same time.
Replys and witness statements we can help with the drafts
and other items, Also contact CCCS who will draw up a income and expendure account for you. If you what any thing not put on the site then use the e-mail address to forward
Hi
Just popped in to say “HI HOPE YOU GUYS ARE OKAY ” not forgotten you, just no news to share at mo!!
Take care Maria xxx
Dear All
Here’s how it’s going, I was due to appear in Court 27th July 2011 @ 11am, Repossession via Lightfoot’s on behalf of SPML t’as London Mortgage Company. I couldn’t attend Court as I was in Spain, my Father was seriously ill having a triple heart by-pass and new valve. To be honest I set a payment plan up with Acenden to pay a lum sum before the hearing £3600 which I did make the last payment 22/07/11 they said they would stop the hearing, on that day 22/07/11 I paid the rest of the lump sum and they then decided they would carry on for the re-possession, I was so upset that a wrote a letter to the Court explaining the situation and also putting together a case from your site, all the information above and I sent a copy to Lightfoot’s Solicitors, I hoped the court Judge would look at it, I knew that Acenden Solicitors hadnt answered any of my questions to arrears etc… and produce any documentation I asked for. On the afternoon of the court hearing I called to ask what had been decided as I was still in Spain and I was told that the Claimant never showed up and the Judge had put a stay on it for 56 days. I received a letter from Acenden saying they have refused my proposal to pay the arrears and a letter dated a day later from their Solicitors saying they had requested the Court to stop proceedings with Liberty to restore.. I have however received nothing from the Court, how should I proceed now. I have complained to the FSO and I’m awaiting a final response from Aceden.
Hi Ally
First of all I hope your father is doing well. Best wishes from all of us here. Secondly, the filth of the universe never seem to deviate from their option one, which is to repossess at all costs.
Liberty to restore gives you some breathing space with these vultures – but not much. They’ll be back at the drop of a hat. It basically means that they can reinstate a possession claim on the flimsiest of evidence and, given their thirst for repossession, this could happen tomorrow.
Your best option is to get rid of the SPO. Once an SPO has been granted they will claim you haven’t paid when you have – they just ‘lose’ the payment – and this is the only excuse they need to evict you. Apply to the court to have the SPO lifted. Imperative. APPLY THE THE COURT TO HAVE THE SPO LIFTED.
Hi Ally,best of luck with your dad.
Send Lightfoots/Acenden what we call a “norgan” offer.
In the appeal court a precedent was set that the arrears could be paid off over the whole term remaining of the loan which lower courts are bound by.
Contact us at site email borrowerstrust@gmail.com and we will draft it out for you.
The pre action protocols would mean they have to take note of your offer and reply to it.It would mean if sucessful that your payments towards arrears would be minimalised.
Then see what their reaction is.
No wonder the country is the way it is.. Amanda is right, we need to all get together and put a stop to these sharks who the Goverment and the FSA are giving them the ammo to leave us homeless and pennyless. No payrise but yet mortgage rate increases along with utility prices disgusting unlawful and immorally wrong.
Even the elderly are freezing.
We need to form a protest!
We have taken a back seat here of late for a number of reasons but one of hose is to let people speak for themsleves. This is an elouquent point. Most of the country is being serially shafted by a mixture of forces which one can’t help believe is a vicious experiment into just how much crap people will take. In the Scandavanian countries far fewer of the elderly die there than they do here because of cold temperatures and worries over heating bills. This is just yet another disgusting state of affairs in UK PLC.
Dear All,
An update for you on Acenden/SPML/Eurosail6NIC 2007. Ok I staved off Acrnden for 12months then all of a sudden a letter cam to take me back to Court , December 12/12. I contacted Acenden and told them I had been told my mortgage had been sold to a Eurosail Entity and I was wondering why their solicitors Lightfoots were taking me to court on behalf of Southern Pacific Mortgage Company Ltd t/as London Mortgage Company. I told them that London Mortgage Company had been dissolved on 25/01/11 and SPML now did not trade at Acendens address or even the one on my Land Registry deeds but their registered office was now at Price Waterhouse and Cooper in Union St London the bankruptcy administrators for Lehmans brothers. I spoke with Price Waterhouse and Cooper who told me SPML still traded with 1 Director but my mortgage had been sold on. So I asked to see the agreements on them managing my mortgage under Eurosail and all pertinent information, I also told them after speaking to the FSA Eurosail are not allowed by our English Law to have our mortgages as they are not regulated by the FSA. I asked the Court to look into the matter. Also all my charges that were unfair and around 4k plus who actually owned my mortgage and how can Acenden take me to Court on behalf of SPML t/as London Mortgage Co if they don’t own my mortgage any more??? They turned up at Court and asked the Judge to adjourn with Liberty to restore again. I now have a solicitor working in this for me and will keep you posted. I will also be asking for a “norgan” offer as Ryde kindly suggested as I have 18 years left on this mortgage.
Well done Ally!
Make them do all the explaining and a “Norgan” offer which is precendental and binding on a county court is definetely the way to go throwing in the rising costs of the recession as the reason you are struggling. (Also rises in the Libor rate despite the base rate having remained unchanged?)
I expect the old chesnut of who owns the legal charge will surface but let them explain this minefield and FSA regulation.
All the sppl loans(which were second charge) another subsidiary of SPML were transferred some time ago and registered at the land registry so it is Eurosail who are the actual owners.
A good argument for others to use,excellent work and good luck for the new year.
See Hecor Sants is being knighted for stirling work overseeing apparently according to commentators, the Banking Crisis et ala the recession.
Reminds you of the old Pink Floyd song “Us and Them”
hello all, great work and commitment,my wife and i,had a mortgage,with southern pacific,we had a real bad time with then,they kept taking us to court over arrears on our account,well to cut a long story short,we was advised by s.p.m.l,to back to compass finance,and get another mortgage to pay off the existing loan,we was glad to get rid of this bogus company,as we had endless problems with them. well the agent from compass finance,recommended we go the a company called london mortgage which we did,only after two year of being with london mortgage did we find out that london mortgage is s.p.m.l now we are in the same mess with the same company surely this must be wrong.if we had known this was the same company we would never of got another mortgage with them.surely in any contract there has to be full discloser and transparancy or the contract is null and void, thanks for listening and help would be most welcome as we back in court jan 2013.many thanks russ.
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