To the certificate holders and borrowers of the trust that are serviced by Orix.
If you look at the document bellow you will see how Orix use different caption on a different lawsuit even if its on the same trust. And the smart man can understand why…
Wells Fargo Caption Switching – Converting Trust Claims Into Wells Fargo Judgments
-Avram
Scridb filterTo the certificate holders of the trusts,
That Orix is involved with kickbacks in our opinion are going straight to the employees like John Dinan on others. If you look on page 30 in the following document you will see how Mr Dinan gets money on the certificate holders expense without any explanation, and he is not the only one.
UBS Orix Dallas Counterclaim Depos Evid 2
-Avram
Scridb filterTo the borrowers and certificate holders in the CMBS trusts,
For your knowledge, the servicer of the trusts get legal fees (kickbacks) on all of the legal activity that they are doing supposedly for your benefit. And for sure it comes on the certificate holders expense. If you look at the document below, pages 34-36 you will see how much kickback the servicer or the trusty get.
Servicing Kickbacks Class Action Against Fidelity
-Avram
Scridb filterTo all of borrowers that their mortgages are served by Orix,
If you read these legal document you will understand why Orix in our opinion always was late to return your escrow money that you are paying with your monthly mortgage.
They are making so much money on the interest on your escrow money that every day they delay payment they benefit from it.
To Orix,
We wonder what happened with the litigating machine, is it running out of oil, or somebody found out to whom you are charging the legal fees (to the trust) so you can get a kickback from legal fees in our opinion.
-Avram
Scridb filterTo the S&P, Moody’s and the rest of the Rating Agencies,
You don’t have to go far to find reasons to downgrade Orix. If you see our site and the lawsuit against them. How they are risking other peoples money and braking REMIC law, you will downgrade them even further, at least in our opinion.
If you have any questions we would be happy to help in any way.
-Avram
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To the Owners of Riverwalk Plaza Hotel and Irfan,
We are happy to see that are able to beat Orix and we are proud the we helped with a lot of information and documents.
We will be happy to help everyone that fights against Orix.
Owner gets tentative deal to keep operating hotel
-Avram
Scridb filterIn paragraph 150-162 talks about Orix’s and fellow certificate holders violations of the PSA and MLPA as well as evidence of Orix’s unlawful business practices and corruption.
To every US citizen you must check if your investment falls into one of these trust that Orix is involved in.
To the AG of NY, please look into this and protect the hard working people of this great country
-Avram
Scridb filterIn paragraph 140-150 talks about the IRS form 1066, this is the tax return of the trust that they must file with the IRS.
To the IRS and NYS department of taxation, did you ever check the 1066 of any trust that Orix is a master servicer or special servicer (we really recommend you look into this).
To the people or company that are suing or would like to sue Orix this is one of the first things that you should ask from them. They will fight not to hand it over but never give up in the end you will get it. After which send it to the IRS.
Scridb filterAs of paragraph 127-145 of the lawsuit (see below) explains how REMIC law regards to the trust. REMIC is the law that creates the ability to raise money in the real-estate market.
To the people of the IRS and the department of taxation of N.Y.S to our opinion if you investigate how Orix violated the REMIC law just in this trust you will probably will be able to collect a few hundred million dollars in tax and penalties. When you sue Orix in my opinion you must check and if you think they broke the law please reports this to the authorities.
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