Foreclosure fraud, Mortgage Lenders' false IRS form 1099's

[Mike]

Congress needs to investigate and _the public_ needs to be WARNED about mortgage lenders’ practice of filing *falsified IRS tax form 1099-A’s or 1099-C’s.* To illustrate, here is a portion of my statement about Wells Fargo’s false 1099-A, as well as a link to entire actual statement posted at: Law & Grace, Inc. » My August 8, 2008 Statement to the Louisiana Secretary of State, Office of Financial Institutions concerning Wells Fargo IRS and Mortgage Frauds, Sham Foreclosures and Judicial Collusion; also NATIONAL APPEAL FOR QUI TAM, OR (http://www.lawgrace.org/2008/08/08/m...==========This Financial Office mistakenly thought a complaint was filed concerning my property; and on July 30, 2008, Ms. Kathy Drzewiecki sent a responsive letter on *Wells Fargo*'s behalf. . . .As your records show, GE Capital Mortgage Services, Inc., *became defunct in year 2002* when it merged into GE Mortgage Services, LLC, its *"successor."* Therefore, it is impossible for foreclosure auction to have LAWFULLY been carried out in year 2005 on behalf of the non-existent GE Capital Mortgage Services, Inc. Also, contrary to what Ms. Drzwiecki wrote, it is NOT POSSIBLE in year 2005 for Wells Fargo to continue being the "mortgage servicer" for non-existent GE Capital Mortgage Services. Furthermore, if my property was (impossibly) ACQUIRED by GE Capital on May 19, 2005, there is _NO LAWFUL REASON_ f*or the IRS form 1099-A to exhibit Wells Fargo's name!* Another thing Ms. Drzewiecki's letter failed to state is that I initially acquired my residence property in 1993 through AmSouth Bank. For home improvement in 1999, I refinanced it with GE Capital. I had equity in the property, and_ I never had a subprime loan_. (Marriage failure caused me financial ruin; and crooked deals in Family Court sealed my fate.) *On the other hand, facts overwhelmingly demonstrate that, using defunct GE Capital's identity, debt collector attorney Herschel C. Ad***** Jr., fraudulently seized and acquired more than $80,000 when he flipped my property. Also, contrary to the form 1099-A, the Fair Market Value was not $12,000 -as manifest from the year 2005 sale price for which that property was sold in that same tax year purportedly to a third party.* A lot of foreclosed former property owners will one day discover there is a 1099-A or a 1099-C for which the IRS wants answers! If that 1099 is replete with false information, there could be severe tax effects and a lot of needless untangling to be burdened with.Across the country, foreclosures have been halted because "real party interest" was absent from those foreclosure proceedings. Yet (in Louisiana), it would not be farfetched for foreclosures to become filed in the name of 'Mary had a little lamb', and judges allow peoples' homes to become seized. from Barbara Ann Jackson (Law & Grace, Inc. (http://www.lawgrace.org))