More on CA homeowner Niko Black’s eviction by Wells Fargo bank: Ms. Black never even had a mortgage with Wells Fargo

Yes the plot thickens and I did some research on Ms. Black’s situation. As you recall, Ms. Niko Black was illegally forced out of her home by the Orange County sheriffs and Wells Fargo despite a bankruptcy court order not to do. Well, I just learned that Ms. Black never had a mortgage with Wells Fargo:

Niko has owned her home for almost 20 years — and has lived there since she was a child. She never even had a mortgage with Wells Fargo, and has entered into a civil suit around the fraud they have perpetrated against her, fraud that goes back many years. After she filed bankruptcy, the court sided with Niko and put a stay on Wells Fargo’s eviction.

Niko posted the court order on her front door. Despite this, officers from the Sheriff’s Department along with Wells Fargo employees harassed her on several occasions. Finally, on October 10, 2012 officers broke into her home and forcibly evicted her.

And here is Ms. Black’s civil lawsuit and the defendants:

Niko Black v. National Mortgage Network et al 

 

Plaintiff: Niko Black
Defendants: Atlantic & Pacific Foreclosure Services LLC, Carrington Mortgage Loan Trust Series 2006-NC2, Carrington Mortgage Services Inc, DOES, National Mortgage Network and Wells Fargo Bank N.A.

Case Number: 8:2012cv00130
Filed: January 26, 2012

Court: California Central District Court
Presiding Judge: Josephine Staton Tucker
Referring Judge: Jean P Rosenbluth

Nature of Suit: Real Property – Foreclosure

Here is 10k SEC filing of Carrington Mortgage Loan Trust Series 2006-NC2:

UNITED STATES 
SECURITIES AND EXCHANGE COMMISSION 
WASHINGTON, D.C. 20549

FORM 10-K/A 
Amendment No.1

(Mark one)

/X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
EXCHANGE ACT OF 1934 
For the fiscal year ended December 31, 2006

OR

/ / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
EXCHANGE ACT OF 1934

Commission file number: 333-130210-03

Carrington Mortgage Loan Trust, Series 2006-NC2
(exact name of issuing entity as specified in its charter)

Stanwich Asset Acceptance Company, L.L.C.
(exact name of the depositor as specified in its charter)

Carrington Securities, LP
(exact name of the sponsor as specified in its charter)

New York                                          54-2197166(State or other jurisdiction of                   54-2197167incorporation or organization)                    (I.R.S. EmployerIdentification No.)

c/o Wells Fargo Bank, N.A.
 9062 Old Annapolis Road
 Columbia, MD                                21045
(Address of principal executive offices)    (Zip Code)

Now, bankupted New Century closed the sale of its mortgage servicing unit,which handled collections, to Greenwich, Connecticut-based hedge fund Carrington Capital Management LLC.  Therefore, Carrington Mortgage Services  serviced the loan from the bankrupted New Century. And Wells Fargo is the trustee according to the 8k and 424B5 prospectus filed with the SEC:

424B5 1 file1.htm

Prospectus Supplement dated June 16, 2006 (To Prospectus dated May 16, 2006)

$901,125,000 (APPROXIMATE)

[CCM CARRINGTON CAPITAL MANAGEMENT LOGO]

STANWICH ASSET ACCEPTANCE COMPANY, L.L.C.

DEPOSITOR

CARRINGTON MORTGAGE LOAN TRUST, SERIES 2006-NC2

ISSUING ENTITY

CARRINGTON SECURITIES, LP

SPONSOR

NEW CENTURY MORTGAGE CORPORATION

SERVICER

CARRINGTON MORTGAGE LOAN TRUST, SERIES 2006-NC2

ASSET-BACKED PASS-THROUGH CERTIFICATES

……….

SUMMARY

The following summary provides a brief description of material aspects of this
offering, and does not contain all of the information that you should consider
in making your investment decision. To understand the terms of the offered
certificates, you should read carefully this entire document and the prospectus.

Issuing entity................   Carrington Mortgage Loan Trust, Series
                                 2006-NC2.

Title of the offered
certificates..................   Carrington Mortgage Loan Trust, Series 2006-NC2
                                 Asset-Backed Pass-Through Certificates.

Depositor and Issuer..........   Stanwich Asset Acceptance Company, L.L.C.

Sponsor.......................   Carrington Securities, LP.

Originators...................   New Century Mortgage Corporation, a California
                                 Corporation, and Home123 Corporation, a
                                 California Corporation.

Servicer......................   New Century Mortgage Corporation.

Trustee.......................   Wells Fargo Bank, N.A.

GEORGE GINGO ESQ IS GIVING AWAY A FREE HOME

FREE HOME

Yes, you read that right. We are going to give away a home located at 1135 Nova Terrace, Titusville, Florida 32796. The legal description is:

LOT 4, BLOCK 5, COUNTRY ESTATES UNIT ONE, ACCORDING TO PLAT RECORDED IN PLAT BOOK 18, PAGE 134, OF THE PUBLIC RECORDS OF BREVARD COUNTY, FLORIDA

The Real Property Parcel Identification Number is: 21-35-29-80-00005.0-0004.00

 

https://maps.google.com/maps?q=1135+Nova+Terrace,+Titusville,+Florida+32796&ie=UTF-8&hq=&hnear=0x88e74c99dab15b4b:0x492607d6a73e879b,1135+Nova

This is a beautiful home and it has a washer and dryer, new gas stove and refrigerator. It was exceptionally well taken care of by its owner. Anyone who wants this home must first qualify. To qualify, you have to convince us that you are in great need of a home (for example – you are homeless or about to be homeless and you have children; or other great hardship). We will reject you if you aren’t going to live in it, if you intend to rent it or part of it, if you won’t keep it in good repair, if you won’t put the utilities in your name and pay those utilities, or if you intend to parasitize the home. Anyone with a record of theft need not apply (we are lawyers and ex-cops and we will do a background check on you).

For complete details on this amazing offer… But there is a catch, click here…

Who brought your politician?

Who is bankrolling your favorite politican running for office? You can go directly to Wired to search for candidates.

Barack Obama-Democrat

Mitt Romney-Republican

Jill Stein-Green Party

Rosanne Barr -Peace and Freedom Party

MERS–Something borrowed

In all likelihood, title searches and your current record research are turning up more mentions of Mortgage Electronic Registration Systems, Inc. (MERS) as the nominee for lenders. However, although the actual lender may have changed, a named lender may not be the institution currently holding the loan. MERS is making more headlines these days as the foreclosure mess and stories of robosigning move to the forefront, but it has been around for much longer than just the past couple of years. MERS and the approach it takes to managing mortgages affects more than those unfortunate people in foreclosure (sometimes wrongfully so); it can also affect those who are current with their payments and simply want to sell their real estate. Before explaining MERS, let me tell you a parallel real life story to illustrate this latter dilemma from an earlier era of national financial turmoil.

Between signing the agreement and getting to the closing table to buy my first house in 1980, interest rates skyrocketed from 8% to beyond 14%, but I bit the bullet and took on the larger payments with the local savings and loan I had been patronizing for years. When rates settled around 6% I refinanced, reducing the terms from 30 years down to 15. All went well until my bank, along with a slew of other small institutions, was seized by the Resolution Trust Corporation (RTC) just about the time I had refinanced once again to take advantage of another 2% drop in interest rates. The RTC liquidated the assets (loans due) of the closed institutions over a period of time, farming them out to numerous other lenders regulated under the Federal Deposit Insurance Corporation.

My account was transferred multiple times in under two years; more than once I sent in my payment just days before receiving a letter announcing a new lender owned my mortgage. But all went well ­ until it came time to sell my house. The RTC still had its finger in the pie, and somehow was demanding a document sealed by my original lender (which RTC had closed) certifying that the first refinanced loan was satisfied (it was paid off with the second refinance just as RTC was picking up the reins) before RTC would allow transfer of title. Catch 22? Part of the problem was lack of public recordation in the seizure process. It took months for my attorney to solve this. Ouch, but I finally sold my house.

Read on.

NY AG hired a partner from Bernstein Litowitz Berger & Grossmann LLP who will help state prosecutors investigate bank practices in RMBS

New York Attorney General Eric Schneiderman hired a former partner from Bernstein Litowitz Berger & Grossmann LLP who will help state prosecutors investigate bank practices in the bundling of mortgage loans into securities.

Chad Johnson, a 1993 graduate of Harvard Law School who was a partner at Bernstein from October 2003 to April 2012, started this month as a senior trial counsel and will work on cases involving the financial services industry, according to the attorney general’s office.

Johnson’s hiring comes as Schneiderman is investigating with federal officials misconduct in mortgage securitization before the housing bust. The attorney general this month sued JPMorgan Chase & Co. (JPM), claiming that Bear Stearns, which JPMorgan acquired in 2008, defrauded investors in mortgage-backed securities.

Read on.

Former employees sue Wells Fargo, alleging misconduct at Bluffton bank branch

Seven employees fired this summer from a Wells Fargo branch in Bluffton are suing the bank, claiming they lost their jobs after the manager of the branch blew the whistle on a bank executive’s alleged cocaine use and sexual harassment.

 

Those seven employees and two others were fired in July — accused of violating ethics rules by the same executive whose misconduct had been reported to the banks human resources department — according to the suit.

The seven employees say they did nothing wrong and were following practices common at other Wells Fargo banks.

The bank fired them “to eliminate those employees who had knowledge of (the bank executive’s) conduct or the HR complaint,” and to punish them for the report to the human resources department, the suit says.

Read more here: http://www.islandpacket.com/2012/10/26/2258233/former-employees-sue-wells-fargo.html#storylink=cpy

 

Court could force Barclays to release Libor emails

Barclays could be forced to release hundreds of thousands of emails connected to attempts to rig Libor if the High Court allows a care home operator to pursue its claim against the bank that it knowingly sold interest rate derivatives while manipulating the world’s key borrowing rate.

Lawyers for Guardian Care Homes are set to claim in court on Monday that Barclays should provide full disclosure of emails connected toLibor-rigging, including names of bankers working for it and other banks implicated in the scandal, as part of the company’s £38m lawsuit against the lender.

If the High Court agrees to Guardian Care Homes’ request, the lawsuit is expected to become a test case for interest rates swaps mis-selling and Libor-rigging claims by thousands of small businesses and other customers of the major banks.

Disclosure could lead to as yet unidentified senior bankers connected to the scandal being named in court when the case comes to trial next year as Guardian Care Homes attempts to get millions of pounds of interest rate swaps it bought from Barclays in 2006 cancelled.

Read on.

Stephen R. Golden to represent Miss Niko Black who was evicted and locked out of her CA home by the Orange County Sheriff’s office in violation of a federal court order

You can support Niko Black by signing an online petition for this situation by clicking here.

Visit the Facebook page that her supporters have created, click here.

Read the background of Ms. Black’s story from  huffingtonpost.com. By the way, Wells Fargo is the bank trying to evict Ms. Black who violated the court order by the federal bankruptcy judge.

Ms. Black tells her story on  Youtube. Click here.