Double Entry Bookkeeping: The Role of Intangibles and Their Securitization

PHH Mortgage Corporation’s Motion to Dismiss in Kevin Walker Estate, et al. v. PHH Mortgage Corporation, et al. is a glaring example of procedural misconduct, constitutional violations, and a deliberate attempt to obstruct justice. The Plaintiffs have conditionally accepted PHH Mortgage’s non-compliant filing, thereby tendering a binding counteroffer that PHH must now rebut. PHH’s continued silence and failure to rebut the conditional acceptance further compounds their non-performance and dishonor. Additionally, the Defendants’ filing, prepared by Neil J. Cooper of HOUSER LLP, violates multiple-defendant court rules, misrepresents the law, displays incompetence and a war against the Constitution, and constitutes blatant obstruction of justice.

Further exacerbating this obstruction, critical documents remain missing from the court docket and record, preventing a full and fair adjudication of the Plaintiffs’ claims. This deliberate suppression of filings by the court and Defendants undermines due process, conceals key evidence, and constitutes judicial misconduct. The failure to properly record and acknowledge Plaintiffs’ filings further demonstrates systematic efforts to manipulate the proceedings in PHH Mortgage’s favor, reinforcing the need for immediate judicial correction, sanctions, and enforcement of Plaintiffs’ default judgment demands.