Released on = June 1, 2007, 5:49 am

Press Release Author = Pierre R. Augustin

Industry = Consumer Services

Press Release Summary = Likewise, Chase Home Finance [cannot be allowed] to profit
from the Predatory Lending practices that it inherited from New Century Mortgage and
to continuously defying, trampling and usurping the rule of law said Mr. Augustin.

Press Release Body = LOWELL, Mass. --- When Pierre Augustin of Lowell,
Massachusetts, became a victim of predatory lending, he could not have foreseen that
his timely legal objections and defenses to stop an illegal and fraudulent
foreclosure action would be ignored by Chase Home Finance.

"An impatient beneficiary under a will murder the testator. Should he be permitted
to inherit?" That quotation is "drawn from the New York Decision of Riggs v. Palmer
in 1899. The will in question was validly executed and was in the murderer's favour.
But whether a murderer could inherit was uncertain: the rules of testamentary
succession provided no applicable exception. The murderer should therefore have a
right to his inheritance. The New York Court held, however, that the application of
the rules was subject to the principle that 'no person should profit from his own
wrong'. Hence, a murderer could not inherit from his victim."

Likewise, Chase Home Finance [cannot be allowed] to profit from the Predatory
Lending practices that it inherited from New Century Mortgage and to continuously
defying, trampling and usurping the rule of law said Mr. Augustin. The above
mentioned quotation substantiate what Mr. Augustin's has been arguing in his
pleadings and motions (Case# 06-10368, Federal District Court & Case# 07-1705, First
Circuit of the Court of Appeals of Boston, Massachusetts). Incidentally, the
original mortgage lender was New Century Mortgage Company, then assigned the
mortgage to Chase Home Finance, has filed for bankruptcy and could \"cost as many as
2 million American families their homes\" by making bad loans with \"obviously
inflated housing appraisals or exaggerated homeowner incomes\".

Augustin, who uncovered during the course of his bankruptcy proceedings (Case#
05-46957, Bankruptcy Court, Worcester, Massachusetts) has timely and legally invoked
the Truth-In-Lending Act (TILA) right of rescission pursuant to 15 U.S.C. §1635 to
protect his property rights. TILA is a remedial statute, enacted by Congress,
designed to protect and to defend consumers\' property rights such as Augustin\'s. The
law firm providing representation to Chase Home Finance or Deuthsche National Trust
Company is Partridge, Snow and Hahn, LLP, Providence, Rhode Island, Tel. (401)
861-8293.

Augustin is alerting the public and public officials in order to stop Chase Home
Finance and Deuthsche Bank National Trust since all other remedies, reasonable and
good faith efforts have failed. By wielding their vast resources against me, Chase
Home Finance disclosed their unwillingness to admit their intentional participation
in systematic fraudulent operations is at best outright apalling.

The auction sale of May 23, 2007 has rendered pending appeals moot. The foreclosure
at 26-28-30 Cedar Street, Lowell, MA 01852, itself is clearly illegal, immoral and
improper and should be NULLIFIED. Thus, Pierre Augustin has also filed a motion
objecting to the sale and to set aside the illegal foreclosure as well as a lawsuit
with jury trial demanded within his Bankruptcy (case# 07-04071). Augustin can be
reached at 617.202.8069. Visit http://rcxloan.com/Civil_Action__BK__Motion_14.htm to
learn more.


Web Site = http://rcxloan.com

Contact Details = Pierre R. Augustin, 28 Cedar Street, Lowell, MA 01852, 617-202-8069