Fedie R. Redd v. Federal National Mortgage Association, et al.

Did the respondents engage in the practice of peddling subprime mortgages to unsuspecting Black American mortgagors? Was this practice discriminatory and did it have a disparate impact under the Federal Housing Act of 1968, on myself and on other unsuspecting Black Americans, which disproportionately caused us into definite foreclosure, and still remains the number one public crisis in the Black American community until this day? The answer is Yes. The State and Federal Courts have laid derelict in their duties to police and have failed to uphold the property rights of Black Americans against disparate treatment, discrimination, and disparate impact suffered by Black American communities during and after the housing crisis; and have failed to make Black Americans who suffered from this atrocity, and crime, whole. The Courts have consistently ruled in favor of the respondents Fannie Mae, Big Banks such as, Bank of America, The Office of the Comptroller of the Currency, and Lawyers representing the above respondents. Especially Big Banks. The courts have continuously found fault with plaintiffs’ cases before the courts; dismissing the cases and refusing to allow the cases to a jury trial as afforded by the Seventh Amendment of the Constitution of the United States of America.

Have Black American communities across the United States, suffer disparate treatment, and discrimination, and disparate impact as a result of the policies and practices, of respondents; which is in direct conflict with the Fifth Amendment, Fourteenth Amendment, and the Fair Housing Act of 1968.

Did Countrywide Mortgage Home Loan Bank, cause a public crisis in Black American communities across the United States, and those who were affected never made whole or compensated by the Big Banks (Bank of America), Fannie Mae, Freddie Mac, Controller of the Currency which in turn main targets, and victims of these peddled subprime mortgages to lose their homes, all credit standing, forced into bankruptcy, forced to live in substandard housing accommodations due to their foreclosure status, and never made whole, in direct conflict with the statutory and constitutional property rights of Anglo-American civil jurisprudence “Corpus Juris Civilis”? The Answer is Yes, to questions two and three. Black Americans in each and every State in the United States, were peddled subprime mortgage loans by Countywide Home Loan Bank. The mortgage loans were invested through Fannie Mae and Freddie Mac. The Controller of the Currency knowingly approved the merger with the knowledge and understanding that these mortgages loans were fraudulently peddled to unsuspecting Black Americans, still they approved the charter for Banks to absorb these loans, and when the payments ballooned to unaffordable amounts for Black Americans, the Banks began foreclosure proceedings against homeowners without even owning the loans, while being given federal bailout monies. This created a public crisis that still exists until this day. Black American homeowners were most times left destitute, with poor credit, forced into bankruptcy court, and left to fend for themselves, forced into substandard living conditions, and left no inheritance to pass along to their heirs. Although these cases were brought into State Courts they lost their homes anyway. Big Banks (Bank of America) made agreements to identify Black American homeowners but failed to do so. In the plaintiff s case instead of using the money to compensate the plaintiff they hired four different law firms, two to handle my case at the same time, filed two Lis Pendens at the same time, failed to notify the Court of change of Attorneys and failed to show proof to the court that they had properly served the plaintiff with any paperwork concerning the referee’s oath and report. They failed to deal in good faith, or to offer the plaintiff a loan modification or identify, compensate, or make her whole. They violated every rule in state Court and