Bill in WA Legislature to Eliminate Our "Produce the Note" Foreclosure Protection!!!--SB 5275 - 2011-12
Addressing homeowner foreclosures.
Revised for 1st Substitute: Protecting and assisting homeowners from unnecessary foreclosures.
The above underlined description of this foreclosure bill recently dropped by stealth in the Washington State legislature is an Orwellian lie; it exists to protect the banks of the New World Order-controlled Federal Reserve System, which our treasonous legislature has shown repeatedly that it serves. Amidst all of this bill's seemingly warm and fuzzy, even lofty pronouncements on mediation and fairness, the following chilling provision stands out; please read it carefully to grasp the magnitude of its treason against the people of Washington State -- and of the United States, if this abusive bill is allowed to pass and set a legislative precedent:
"7 (a) That, for residential real estate property, before the notice of trustee's sale is recorded, transmitted, or served, the trustee shall have proof that the beneficiary (bank) is the owner of the promissory note or obligation secured by the deed of trust. A declaration by the beneficiary (bank) made under penalty of perjury stating that the beneficiary (bank) is the actual holder of the promissory note or other obligation secured by the deed of trust shall be sufficient proof as required under this subsection."
In other words, the beneficiary of the promissory note (bank) no longer needs to produce it as evidence that it owns the property on which it may have possibly illegally foreclosed. The owner of the real estate no longer has any protection against the predatory banks of the Federal Reserve System and therefore homeowners and their families can be rendered homeless by fraudulent corporate government expropriation!
With this, and the current and past house and senate bills to take away parents' constitutional right to exempt their children from vaccinations without legal harassment, and the one that established the legally immune Washington Vaccine Corporation last year, it would seem that the Washington State legislature is being used as a testing ground for new types of New World Order tyranny soon to be launched in every state of the union. -- REC
History of Billas of Wednesday, February 23, 2011 10:56 PM
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| Sponsors: | Senators Kline, Haugen, Kohl-Welles, Hargrove, Rockefeller, Nelson, Ranker, Keiser, Swecker, White, Conway, Hobbs, Chase, Harper, Kilmer, Prentice, Shin, Murray, Fraser, McAuliffe | ||
| Companion Bill: | HB 1362 | ||
| 2011 REGULAR SESSION | |||
| Jan 19 | First reading, referred to Financial Institutions, Housing & Insurance. (View Original Bill) | ||
| Jan 26 | Public hearing in the Senate Committee on Financial Institutions and Housing & Insurance at 1:30 PM. (Committee Materials) | ||
| Feb 16 | Executive action taken in the Senate Committee on Financial Institutions and Housing & Insurance at 1:30 PM. (Committee Materials) | ||
| Feb 17 | FIHI - Majority; 1st substitute bill be substituted, do pass. (View 1st Substitute) (Majority Report) | ||
| And refer to Ways & Means. | |||
| Referred to Ways & Means. | |||
| Feb 24 | Scheduled for public hearing in the Senate Committee on Ways & Means at 1:30 PM. (Subject to change) (Committee Materials) | ||
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| Available Documents | ||
| Bill Documents | Bill Digests | Bill Reports |
| Original Bill
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Bill Digest
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Senate Bill Report (Orig.)
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Fiscal Note (Available)