Certified Securitization Analysis, LLC Emerges from Stealth Mode Providing the Needed Evidence for Victims Caught in the Foreclosure Crisis Crossfire

PACIFICA, Calif., May 2, 2011 /PRNewswire/ -- Affecting millions of people nationwide, the severity of the high foreclosure rate is no secret. However, a lesser-known fact is that in many recent foreclosure cases, whereby the underlying mortgage was a victim of predatory securitization, the foreclosures have technically been fraudulent. Consequently, people have been forced or convinced to forego their property on illegal grounds. Given the complex nature of the securitization process many judges presiding over ongoing court litigation cases are unfamiliar with the structure, transaction and terms of mortgage securitization. The majority of lenders who bundled and sold their mortgage loans to the secondary market through securitization continue to misrepresent in judicial and non-judicial foreclosure that they still own the mortgage loans. Unaware of the specific schematics behind such shady foreclosure practices, countless people have forfeited property unnecessarily. And that's why Certified Securitization Analysis, LLC (CSA) (http://www.securitizationanalysis.com) has emerged as a national leader and resource to support residential and commercial property owners who are facing foreclosure dilemmas.  

"Securitization dates back to the 1970s, when mortgage-backed securities were issued for the government and government-sponsored entities such as the Government National Mortgage Association (GNMA or Ginnie Mae), the Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac), and the Federal National Mortgage Association (FNMA or Fannie Mae)," says Adam Meyer, CSA's CEO. "The intention was to provide greater liquidity to the residential markets and promote homeownership. But as referenced in the April 3, 2011 episode of CBS' '60 Minutes,' securitization has been abused and misconstrued. Now, many Americans don't have a clue as to who owns their mortgages. Unaware of how good securitization intentions have ultimately worked against them in the end, our clients have been surprised to learn their mortgage has been converted into something different from what was originally represented to the mortgagor, rendering the original product fraudulent. They're turning to us for help."

The lucrative selling of such a misrepresented product has deceived both mortgagors and investors while greedy lenders and their securitization co-conspirators have profited, Meyers adds. In response, CSA, a California-based mortgage securitization auditing and analysis company, has emerged to educate and assist victims caught knowingly or unknowingly in the crossfire of the mortgage default crisis. CSA has sorted through the complexities of predatory mortgage securitization to uncover wrongdoing and consumer rights' abuses. This firm's strength lies in presenting the facts to its clients in clear, concise terms and examples, and offering various services, including: comprehensive audit and analysis reports; and evidence gathering, consulting and support for the property owner's attorney. Committed to uncovering the truth behind securitized mortgages, CSA provides ethical, professional and unparalleled assistance to homeowners and their legal counsel.

Meyer says, "It's time for someone to uncover the truth behind securitized mortgages, and we're doing exactly that through advanced analysis, relevant and accurate research/information, superior foreclosure defense and litigation support services, and expert witness testimony and court presentations."

For more information, visit: http://www.securitizationanalysis.com.  

About Certified Securitization Analysis, LLC

Certified Securitization Analysis (CSA), LLC is a consumer advocacy firm that assesses due diligence and investigates mortgage securitization fraud. The Company's proprietary methods and processes for audit and analysis focus on legal standing issues in foreclosure situations where the underlying mortgage was securitized. CSA is not a law firm. CSA's information and services are not intended as legal advice and practice.

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Contact:

Adam J. Meyer, CEO
Certified Securitization Analysis, LLC
Phone: 650-888-2275
Fax: 650-240-3585
[email protected]

http://www.securitizationanalysis.com

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SOURCE Certified Securitization Analysis, LLC