Petition updateJustice For 91 St Marks PlaceWe Need Your Help! (Oct 21st, 2024)
Justice For 91 St Marks PlaceUnited States
Oct 21, 2024

Good evening everyone,
 
We’re reaching out for help.

If you know of any NYC Deed Theft cases that might’ve occurred during the 2007 Real Estate Market Crash, please forward them to us. If you know of anyone that this might’ve happened to, during that time, please refer them to us.

As we all know now, several banks and “lending institutions” embraced corrupt and unethical practices which led to the meltdown. Criminality was committed prior to the meltdown AND AFTER. These unscrupulous institutions did their best to hide their heinous crimes to avoid accountability, both criminal and civil. We believe there are plenty of people, like Mr. Cortez, who experienced this tragedy. Blindsided by such an event, they were lost on how to deal with and fight these lawless companies. Our tax-payer agencies and institutions were not prepared on how to deal with such an economic catastrophe. Some of the victims most likely ended up losing their homes due to these events.
 
So why are we trying to put this information together, you might ask. Well, we’re hoping to come up with enough cases so we can reach out to our elected representatives and request they enact a temporary law that would allow victims of Deed Theft during the real estate market crash, to file a lawsuit (much like what was done with the Adult Survivors Act).
 
One thing to realize about Mr. Cortez’ ordeal is that the original fraud by Wilson Calle took place in 2006. Immediately after, Calle took out a $668,000 loan from Freemont Investment & Loan (a corrupt institution if ever there was one. They were shut down by the FDIC in 2007). https://archive.fdic.gov/view/fdic/2966


Within a couple of months of “facilitating” this loan to Calle, Freemont turned around and sold it to Wells Fargo. Wells Fargo in turn, for some inexplicable reason, sat on it for almost nine-years, without following through on what would be normal foreclosure proceedings when a loan is not being repaid.

It wasn’t until 2015 that Wells Fargo had an epiphany and decided to foreclose on the loan. A long time had transpired by then (2006 to 2015). During that time the six-year Statute of Limitations on Calle’s fraud had expired. By the time Mr. Cortez became aware of what was happening, a lot of the pertinent, necessary documentation to mount a fight with, had been destroyed and/or lost. Freemont was no longer in business. Calle was serving time in federal prison for unrelated crimes. Time became one of Mr. Cortez' biggest enemies. Wells Fargo was made aware of Mr. Cortez' deed dispute but never bothered to look into it and eventually went through with the foreclosure sale. Wells Fargo most likely profited over $1 million dollars in that sale.

Was this delay by Wells Fargo intentional? If it was, how many other people were victimized like this? We believe there were many, many more. This is why we’re trying to gather this information.

Again, thank you always for your support. We are eternally grateful. Without you this fight would be that much harder.
 
Stay safe and blessed.

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